On a contempt of court charge for refusing to testify to the federal grand jury currently permanently threatening American press freedom in their attempt to railroad Julien Assange and Wikileaks.
Today Jerome Powell and the Federal Reserve is holding an FOMC meeting and before the meeting the members are talking among themselves about ending their QT bond program. This all represents the end of the tightening cycle and is helping to put in a top in the US...
The stock market has been going up and down wildly for months, actually more down than up on the technical analysis charts. This is hurting stock traders and stock market investors. The other week the Federal Reserve raised rates and the market fell more so the focus...
Scott Sumner recently penned an article suggesting that the Federal Reserve needs to modernize its approach to monetary policy, a sentiment shared by many economists and policymakers. The Fed certainly has made a series of changes and adjustments to increase its...
I have been ruminating recently on what are the crucial questions that divide libertarians. Some that have received a lot of attention in the last few years are: anarcho-capitalism vs. limited government, abolitionism vs. gradualism, natural rights vs. utilitarianism,...
The yield curve is flattening and that means that we are late in this economic and stock market cycle. The yield curve flattens when the short-term rates get closer to the long-term rates and can actually get inverted if short-term rates go higher than the long-term...
Agreed, Armchair Warlord nails the paper tiger posing as the US military. My additions: There is no Auftragstaktik in the modern western militaries despite their "embrace" of Mission Command. Carriers are the crossbow and chariot of the 21st century. A tremendous...
Medal of Honor citation for Commander William L. McGonagle, USN, Commanding Officer, USS Liberty (AGTR-5) Thanks to Candace Owens for lifting this incident from the dead. One receives the Medal of Honor for engaging in a fight in enemy action. "For conspicuous...
If the government restricts supply and subsidizes demand, out-of-control prices, resource shortages, and unpleasant ad hoc coping restrictions will follow. That is the natural (economic) law. The government cannot repeal it. But it can stop its attempt to plan.
The weapons system removed from the Zumwalt They were going to build 30 and ended up building three of these dysfunctional monstrosities. Commissioned in 2016, it has only taken them eight years to retrofit the weapons system. The Navy's priorities have changed since...
On this day, 62 years ago, David Lean's "Lawrence of Arabia" (1962) premiered in London, UK. My favorite movie of all time. https://www.youtube.com/watch?v=ULsFcSpaVO0
Someone explain how coercive centralized bureaucratic control of medical decision-making and the purse can beat the decentralized free market with its undistorted price system. The government has many things besides medical care it wants to spend tax money on, and...