Most Americans suffer from news fatigue. According to a Pew Research poll, seven out of ten Americans “feel worn out by the amount of news there is these days.” Although regrettable and problematic, this finding is not surprising. First of all, all humans have a limited cognitive capacity, which means people can only process so much novel information in a given amount of time, especially when that new information covers a multitude of subjects. While individuals have different levels of cognitive capacity, the human brain literally becomes fatigue when it is exposed to too much new information. Recognizing the popularity of social media, it is somewhat curious as to why a social media obsessed population finds news coverage, in particular, so tiresome.
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US President Donald Trump has concluded that “...I have the absolute right to PARDON myself,….” It is a legal paradox built on circular reasoning and corrupt impulses that Trump’s legal team helped establish via a secret letter/memo to Special Counsel Robert S. Mueller in late January of 2018. According to the legal rationales of his lawyers, the President cannot be held legally culpable for any of his actions, unless he is impeached, because he has the power to issue pardons and the authority as the head of the Justice Department to shutdown investigations, among other rationales used to support absolute Presidential powers. Their justification is, however, just that. President Trump wanted a legal justification to conclude he was above investigation, prosecution, and punitive action, so he compelled his lawyers to create one then they found a handful of legal arguments and precedents to support that conclusion.
An asset is anything of value that can be used to meet an obligation. According to “Rich Dad, Poor Dad” author Robert Kiyosaki, who happened to coauthored a couple of books with Donald Trump and was an early supporter of the President, an asset is basically an investment that offers a net return that can readily be used to meet obligations. The conventional definition of an asset includes valuables like houses, cars, and heirlooms; whereas, Mr. Kiyosaki’s definition excludes these valuables, because people need a place to live, cars require continual upkeep, and heirlooms are not things people sell. When Mr. Kiyosaki first declared a house is not a asset, it was actually quite controversially due to the fact Realtors use the asset paradigm as their main sales pitch. Whether a house is just a valuable that tends to appreciate in value or an asset depends on what definition is used, but the debate invites further discussion on what other “assets,” such as education, do not actually qualify as assets.
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April 2020
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