EPA Could Care Less About Poor Children
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 how many children are in poverty. An astounding 16.1 million kids—22 percent | 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
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 from all consequences resulting from poor decision-making. Thus, | Read More »
The Wolf Gets Closer To Our Door – Canada Edition
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. All of these countries were small and struggled to field an | Read More »
, Economic Decline
, Ongoing Keynesian Fail
, Puerto Rico
, Rhode Island
Frozen. The Chinese Version of A Disney Classic.
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 out of momentum and is now under rapid | 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
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 have other personal problems as well. You see Puerto Rico’s debt | Read More »
Does Rand Paul Have A Fix For Our Messed Up Tax Code?
Rand Paul offers us his take on why we are having such a recoveryless recovery from the 2008 recession. He believes we are being hamstrung by our current levels and methodologies to collect Federal tax revenues. He employed Stephen Moore and numerous other experts to design a tax plan that would replace the current code and basically allow him to gut the IRS. Mr. Moore | Read More »
Would Greek Exit Doom the Euro?
On today’s edition of Coffee and Markets, Brad Jackson is joined by Francis Cianfrocca to discuss D-day for Greece, what their exit from the Euro Zone would mean for the EU, and how Russia’s involvement could complicate the situation.
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Greek Banks Won’t Let Savers Have Their Money
Maybe, just maybe these people are going to learn. This might really do it. The government that the Greeks elected to give them free money is now going to take it all away. When government gets more power, it is always people of good will who work hard, plan ahead and save for that rainy day who get looted. The UK Independent describes how this | Read More »
Tags: Alexis Tsipris
, bank nationalization
, Bill Clinton
, Deposit Freezes
, Dwight Eisenhower
, Jimmy Carter
, Lee Siegal
, Richard Nixon
We sit by and watch the barbarian. We tolerate him in the long stretches of peace, we are not afraid. We are tickled by his irreverence; his comic inversion of our old certitudes and our fixed creed refreshes us; we laugh. But as we laugh we are watched by large and awful faces from beyond, and on these faces there are no smiles. – Hilaire | Read More »
Tags: A Separate Peace
, Barack Obama
, border security
, Cold Harbor
, elon musk
, Hilaire Belloc
, Larry Ellison
, Mark Zuckerberg
, Nikel Russia
, OPM Hack of 2015
, peggy noonan
, The Donald
Trade Promotion Authority hits a new roadblock: Barack Obama
Ever since the House rejected the Trade Adjustment Authority (TAA) bill, the House GOP leadership has been scheming for a way to pass the Trade Promotion Authority (TPA) without the accompanying TAA. House GOP leaders seeking to rebound after a surprise floor defeat on trade are zeroing in on a new strategy to grant President Obama fast-track authority. The plan is to vote as soon | Read More »
Separating Fact from Fiction in the Trade Debate
On today’s edition of Coffee and Markets, Brad Jackson is joined by Scott Lincicome to separate fact from fiction on the trade debate, why new agreements wouldn’t give up our sovereignty and how a deal would help the average American.
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