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David Stockman: Off The Charts!

From the Contracorner (paywall): It took 213 years and 43 presidents—-from George Washington to Dubya Bush—- to generate the first $6 trillion of public debt. Now a mad man in the Oval Office and a herd of Capitol Hill larcenists will be doing it in just 700 days....

News Roundup 4/10/20

News Roundup 4/10/20

US News The Baltimore police are planning to deploy an aerial surveillance system capable of tracking people’s outdoor movements in 90% of the city. The program is expected to cost $3.7 million in 2020. [Link]  Kentucky frees 1,000 nonviolent prisoners. [Link] The FED...

The Fed’s War on Savings

The Fed’s War on Savings

During a March 17 address to the nation in response to the COVID-19 outbreak, President Donald Trump asked that Americans work from home, postpone unnecessary travel, and limit social gatherings to no more than 10 people. Ten days later, Trump signed a stimulus...

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