In February of this year, I forecast that the Federal Reserve, despite all the bluster about "higher rates for longer," would eventually blink. Now, following last Wednesday’s FOMC announcement, that prediction has come true. The Committee, in a not-at-all-shocking...
More mismanagement and strategic deficit disorder at the Pentagon. The F22 Raptor is a very capable late 20th century aircraft and arguably superior to the much more expensive and increasingly anachronistic F35; it is being put out to pasture early because of...
What would you do if the government came to you and said your family owes it $75,000 this year, and every year, adjusted upward for inflation? You might respond “I can’t afford it.” Don’t worry, you are already paying that. That’s the price the average American...
Former president and current Republican presidential candidate Donald Trump loves tariffs. In his 2011 book Time to Get Tough: Making America #1 Again, Trump included as part of his five-part tax policy “a 20 percent tax for importing goods.” During his first campaign...
In 1896, Democratic Party presidential candidate William Jennings Bryan made a famous pro-inflation speech, proclaiming "you shall not crucify mankind upon a cross of gold" (and stable prices). In 2024, President Joe Biden is campaigning for re-election by denouncing...
I have mentioned previously that the introduction of all the latest and greatest western weapons in the inventory given to the Ukraine would have some very deleterious effects in the future. One was permitting possible future antagonists to observe and and take...
One hundred years ago, Senator James Couzens, a Michigan Republican, took to the Senate floor to denounce the Bureau of Internal Revenue for abusing its power and trampling innocent taxpayers. Couzens launched a sweeping Senate investigation of federal tax collectors....
“Soon after publication ‘Superiority’ was inserted into the Engineering curriculum of MIT, to warn the graduates that the Better is often the enemy of the Good, and the Best can be the enemy of both, as it is always too late.” - Arthur C. Clarke Superiority by Arthur...
Over and over, U.S. government officials and their mainstream media allies called Russia’s 2022 invasion of Ukraine an “unprovoked attack.” The slogan became so overused that people began to ask the obvious question: Why do they protest so much? In Provoked: How...
