Failure Theatre: Fed Rate Hike Edition
The Fed Meets! If you don’t want to watch my cute news video, I’ll give you the executive summary….”Bwakk, B-B-B-Bwacwk! Bwak, Bwak Bwak, Bwak!” Just be done with it and state the sordid truth. Janet Yellin will not do it. The Fed is not under enough pressure from the probability of pension failures to end their current loose monetary policies. She | Read More »
Poverty in America
On today’s edition of Coffee and Markets, Brad Jackson is joined by Chuck DeVore to discuss how cost of living and home prices make an impact on real poverty. Then Danielle Kurtzleben from NPR talks about how the poverty rate has changed during the Obama Administration.
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Heb, Jillary and the Billionaire Straddle
Democracy can be a nasty business risk. It has to be managed. You can manage a risk in four ways. You can assume it, avoid it, transfer it or mitigate it*. A business leader assumes risk by remaining politically neutral. They avoid it by not doing business in ways potentially impacted by political meddling. They transfer it by selling assets or industries that are impacted | Read More »
Are Wall Street’s Expectations for Twitter Too High?
On today’s edition of Coffee and Markets, Brad Jackson is joined by Francis Cianfrocca to discuss Wall Street expectations of Twitter, then Robert Tracinski looks at the sensitive history of Democratic presidents, and Josh Zerkle talks about Tom Brady and Russell Wilson.
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Rick Santelli on The Fed, Interest Rates, and the Economy
On today’s edition of Coffee and Markets, Brad Jackson is joined by Rick Santelli to discuss when The Fed will hike interests rates, by how much, and if the economy can absorb the rate increase. Then we’ll be joined Steve Oliner from AEI to discuss the mortgage market, and finally Andrew McCarthy on terrorism, the Iran nuclear deal and his new book.
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Tags: Andrew McCarthy
, Coffee and Markets
, interest rates
, Rick Santelli
, Stephen Oilner
, The Fed
Another Problem Caused By Seattle’s High Minimum Wage
Watch the latest video at video.foxnews.com I watched the video above and grappled before I could believe it. People who just got their salaries bumped by the minimum wage hike in Seattle, WA are now gripping because higher wages kick them off of the dole. Kshama Sawant didn’t see that one coming. But then again, why not? What do the Kshama Sawants of the world | Read More »
EPA Could Care Less About Poor Children
Too Poor To Deserve Electricity According To USEPA Child poverty remains astoundingly high in America. This true despite risible claims that our economy is in recovery. The stock market and housing prices recovered. A lot of people gave up looking for work so the statistics look better. Beyond that, it’s the same situation we had in 2008. Particularly when we count | Read More »
Median income falls to a 20-year low
When Obama leaves office he is going to leave behind a legacy of failure. Not only with Iran possess nuclear weapons and our alliances be in tatters, but he has carried out a vicious, no-holds-barred war on the national economy and the American middle class. The left is pushing the concept of “income inequality” attempting to ignite class warfare. They are doing this not out | Read More »
Remember Peak Oil?
Image Source : The Washington Post You could not be seriously serious unless you were concerned about Peak Oil. The officially official announcement of this phenomenon came in 1956 in a paper by M. King Hubbert entitled “Nuclear Energy and The Fossil Fuels.” He noticed that an oil field was a finite resource and that it’s productive performance could be modeled by building a Gaussian | Read More »
Hillary Rodham Clinton’s Yesterday Economics
Enemy Of The State Has Uber now become an issue in Election 2016? It shouldn’t be. In a well-run democratic republic with a small and reasonable government; the conditions under which I hire or am hired to perform work would be an MP, not a YP. America has increasingly become a nation of busy-bodies expecting a benevolent government to protect them | Read More »
The Wolf Gets Closer To Our Door – Canada Edition
Coming Soon To A Flag Near You…. The rattling sound of falling economic dominoes grows closer to home with each passing day. When it was Greece and Venezuela, we shrugged like the good Cynical Realists we increasingly become with each passing day. “Give it up Jake, it’s Athens/Caracas/Chinatown.” Then it was Puerto Rico. At this point even, the deniable still existed. | Read More »
, Economic Decline
, Ongoing Keynesian Fail
, Puerto Rico
, Rhode Island
Frozen. The Chinese Version of A Disney Classic.
Welcome to RED China China has announced a blanket ban on major shareholder selling for the next six months to try to curb crashing prices on Shanghai markets. China is now experiencing what many consider a negative externality of free markets. The Shanghai Exchange is operating like any object would under universal gravitation. It went up a long way, it ran | Read More »
The Greek Bail-In and American Entitlement Programs.
So Alex Pollack poses an interesting hypothetical. “Would you take a guaranteed $0.77/$1.00 of your projected Social Security account in cash, today?” In other words, Sam’s Government sets up a barbershop and administers a 23% haircut in return for buying all the default risk that may or may not exist in the Social Security Program. Pollack suggested back in 2012 that a lot of people | Read More »
American Economy Achieves Millstone
Cullen Roche at Pragmatic Capitalism does an exceptional job of pointing out the obviously obvious. The USA is not Greece. The future here is so bright we just gotta wear shades. I’ve looked at the map and stuff and the smart guy has a point. He throws in some other nice details as well. The USA has an institutional arrangement in which it is a | Read More »
Puerto Rico – Greece In The Caribbean
Act Like Greece. End Up Like Greece. There is no other option,” García said, according to The New York Times. “I would love to have an easier option. This is not politics; this is math.” – Business Insider I have certain respect for Alejandro García Padilla. He has my prayers and condolences. He is the Governor of Puerto Rico and may | Read More »