"Greed, for lack of a better word, is good." Ever since corporate raider Gordon Gekko, the lead character in Oliver Stone's Wall Street (1987), made that declaration, left-wing opponents of the market economy have regarded that one-liner as the only rebuttal required...
https://youtu.be/DPEP1TGyqqQ The cumulative acceleration of knowledge by specialists that allows us each to consume more and more different things by each producing fewer and fewer, is I submit, the central story of humanity. - Matt Ridley, The Rational Optimist, p....
Introduction In the mainstream view, al-Qaeda did not play a role in the Syria conflict until Islamic State of Iraq (ISI) leader Abu Bakr al-Baghdadi dispatched his deputy, Abu Muhammad al-Jolani, to Syria in August 2011 to establish a wing of the group there, called...
46 Minutes Some Strong Language Ross Benes is a journalist and researcher who has written for The Wall Street Journal, Adweek, AdExchanger, Quartz, Business Insider, and Esquire. Pete invited Ross to come on to talk about the subject of his new book, "Rural...
MILAN—In the town of Coccaglio, an hour’s drive east of here, the local nursing home lost over a third of its residents in March. None of the 24 people who died there were tested for the new coronavirus. Nor were the 38 people who died in another nursing home in the...
In other words, it's time for rioters to burn the FDA to the ground. Only today, the 30th of March, have they finally approved this common -- ahem, patent-expired -- drug for use against the deadly pandemic. Oh but you people love government so much, don't you? Make...
NYU Langone Tells ER Doctors to ‘Think More Critically’ About Who Gets Ventilators NYU Langone Health, one of the nation’s top academic medical centers, told emergency-room doctors that they have “sole discretion” to place patients on ventilators and institutional...
Pete Quinones interviews me about the common narratives about Iran in Iraq and so forth; specifically addressing a hawk's interview on the Joe Rogan show and a recent hawkish piece in the Wall Street Journal.
From Zerohedge Patrick Byrne the ex-CEO of Overstock sold his entire holding of stock totaling 90 million dollars. What did he do with the money? "...after paying tens of millions in taxes (after all, “We didn’t build that,” right?) by Friday the rest will be in...
We saw some wild stock market swings in the last three months of last year. Some say these are just “buy the dip” opportunities while others see the rally at the end of the year as a dead cat bounce on the technical analysis charts. The Wall Street analysts are all...
Merry Christmas, Happy Chanukah, and Happy Festivus to everyone! I appreciated all the feedback I received from my online critics on what would be the perfect beer for me to toast the holidays. When I worked as a Santa Claus in Boston in 1977, I met a lot of zany...
Will Porter returns to FPF to discuss Trump's statement on the Khashoggi murder. The statement is critical of Iran and highlights the benefits of maintaining the US/Saudi relationship status quo. Will breaks down the statement and debunks Trump's lies. A recent Wall...
Congress has finally taken action to liberalize the nation's financial system. The bill was S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act. It passed both houses with a surprising degree of bipartisan support and was signed by President...
Last week's twin 1,000 point plunges on the Dow were not errors. Instead, these close-coupled massacres, which wiped out $4 trillion of global market cap in two days, marked the beginning of a bear market that will be generational, not a temporary cyclical downleg....
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