David Stockman pulls back the curtain on congress' recent multi-trillion dollar bailout package, which, although billed as emergency aid for individuals actually allocates most of the money to various special interests on both sides of the aisle, including millions...
New York
Why Central Planning by Medical Experts Will Lead to Disaster
by Gary Galles | Apr 10, 2020 | Economics, Events, Featured Articles
A great deal of the coverage of the COVID-19 crisis has been apocalyptic. That is partly because “if it bleeds, it leads.” But it is also because some of the medical experts with media megaphones have put forward potentially catastrophic scenarios and drastic plans to...
Up to 150 Saudi Royals Infected With Coronavirus: Report
by Steven Woskow | Apr 9, 2020 | Blog
I don't have much sympathy for them given all the death and disease they have caused in Yemen. The infections are supposedly a key element in the Saudi decision to announce a ceasefire in Yemen, where Riyadh has been battling Iran-backed Houthi rebels on behalf of the...
How the CARES Act Will Delay Economic Recovery
by Bradley Thomas | Apr 8, 2020 | Events, Featured Articles
The economic fallout of the government’s shutdown in response to the coronavirus pandemic has been unprecedented. Nearly ten million people have filed for unemployment benefits in just two weeks. The 6.6 million claims from the last week of March doubled the previous...
Airline Bailouts Destabilize the Economy and Inflate Asset Prices
by William Anderson | Apr 7, 2020 | Economics, Events, Featured Articles
In the end, after all of the political posturing and all of the speeches and exhortations for Congress to “do something,” a $2 trillion “coronavirus stimulus” bill landed on the president’s desk for The Donald to sign. And sign he did, uttering all of the platitudes...
How Z-pak Could Slay COVID-19
by David Gornoski | Apr 6, 2020 | Events, Featured Articles
Z-Pak, also known as azithromycin or Zithromax, could be a critical tool in preventing and treating COVID-19 coronavirus, according to Professor Michael P. Lisanti, MD-PhD and Chair of Translational Medicine at Salford University in the UK. I recently spoke with...
Less Driving Amid Outbreak is Hurting Red Light Camera Revenue — Which is Great
by Matt Agorist | Apr 6, 2020 | Events, Featured Articles, Justice
Since states began locking down in mid-March, unemployment has skyrocketed, businesses have shuttered their doors, and these uncertain times have grown more worrisome by the day. There is one industry that is hurting, however, that shouldn’t bother many of us and that...
Why Demographics is not Destiny
by Logan Chipkin | Apr 6, 2020 | Events, Featured Articles
“Demographics is destiny” is a phrase uttered in some rightwing circles and quietly believed in some leftwing ones. In political terms, the phrase suggests either cultural or genetic determinism, or both—namely, that people of a particular culture, ethnicity, or race...
Blog
The F35 Continues to Excel at the Pentagon
The "mission capable rate" of these F35s is simply appalling. 23 years in and it still doesn't work. 23 years. And Congress won't kill it but continues to feed money into the F35 industrial wood-chipper. The jets have often been stuck on the ground due to engine...
“Trillion Dollar Trainwreck…”
Hot garbage on the wing. The pursuit of US and Western air dominance is a pipe dream but a fever dream for the military industrial complex. The existential failure of this fighter program has been stunning to behold. The days of manned fighter aircraft are numbered in...
All Hail Homo Sovieticus Booboisie in America
Happy Dependence Day, Helots. The Declaration of Independence continues to be a masterwork of brevity and directness in its promise to sever ties and formalize a divorce. There is no sizable sector of America today that would even have the temerity to sign it much...
Unpossible! Another Fraud Complex Found in DoD Contractor
Another fraud incident with overcharging. Sikorsky is a Lockheed-Martin subsidiary. Sikorsky Support Services Inc., a helicopter manufacturer headquartered in Stratford, Conn., agreed to pay the federal government $70 million in a settlement alongside Wisconsin-based...
‘Ziontology,’ a 10 Part Series
Boeing, Boeing, Gone
There is nothing new here but the corruption is deep at Boeing: "It comes after an unnamed parts supplier uncovered small holes in the material from corrosion, The New York Slimes reported. The FAA is looking into both the long and short-term implications for the...
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