Folks, this is starting to sound pretty ominous. The Washington War Party is coming unhinged and appears to be leaving no stone unturned when it comes to provoking Putin’s Russia and numerous others. The recent collapse of cooperation in Syria—-based on the false claim that Assad and his Russian allies are waging genocide in Aleppo—- is only the latest example.
David Stockman On “Wall Street Week”: Get Out of Harms’ Way Now—–The Casino Is Heading For A Crash
Former Reagan Budget Director David Stockman on the Federal Reserve and what is needed to boost the U.S. economy.
The Government Debt Disease Is Contagious….Viz France
The June Jobs Report: School’s Out…..Not!
Once upon a time June was “school’s out” month and as far as we know it still is. But apparently not by the lights of the BLS, which reported this morning that state and local school authorities hired an additional 64,000 teachers and administrators in June! In turn, this acute rebuke to normal seasonality accounted […]
Nope, Donald, Foreign Tariffs Ain’t The Problem
Until The Donald, Tariffs Were So Yesterday!
Sell The Bonds, Sell The Stocks…..Demolition Donald Can’t Save Us, Part 2
Self-evidently, what passes for Trump-O-Nomics is likely to result in colossal failure because it functions exactly like an unhinged two-footed driver. That is, navigating with one foot hard upon the accelerator and the other pressing stoutly on the brake pedal. At the same time. Thus, massive Federal deficits and the Donald’s prescription for 1-2% interest […]
Sell The Bonds, Sell The Stocks….Cuz Demolition Donald Can’t Save Us
There is only one explanation as to how the so-called conservative party looked 10-year baseline deficits of $22 trillion straight in the eye, yet then genuflected to the King of Debt and voted to add $5 trillion more red ink on top. Or even more egregiously, GOP policy-makers were was told by CBO that the […]
6 Basis Points Of Fiscal Humbug From The White House CEA
Well, this figures. Back in the day we had to keep a close watch on Martin Feldstein, who was the Chairman of the Council of Economic Advisors in the Reagan White House. That’s because he was a closet Keynesian looking to polish his curriculum vitae—the president’s supply-side policy to the contrary notwithstanding. So we are […]
Zohran Mamdani—Bastard Son Of 33 Liberty Street
Sure, Zohran Mamdani, surprise winner of the Dem primary for New York City mayor, is an ultra left-wing wackadoo. But it occurs to us that this veritable assault on sanity— via the election of a 33 year-old nincompoop who wants rent controls, free day care, communist grocery stores and confiscatory taxes on the wealthy who […]
When Senator Thom Tillis Goes AWOL On Welfare Cuts, It’s All Over Except The Shouting
We had never even included GOP Senator Thom Tillis on our Wall of Shame list of sketchy RINOs of the likes of Susan Collins and Lisa Murkowski. Yet here he comes bounding to the Senate floor with a saboteur’s IED (improvised explosive device) aimed at the one decent savings provision of the OBBBA abomination. We […]
Free Market Money: The Antidote To Too Late Jay And Too Easy Donald
The Donald seems to be continuing his bombing campaign, albeit this time by pivoting back to the home front and taking aim at “Too Late” Jay. As usual, Trump has he facts all wrong about who has had how many rate cuts and that inflation has miraculously disappeared since January 20th. In fact, if anything […]