Michael Schaus

Apparently, in a utopian world, restaurants would ban tips and compensate their servers the same way that Chicago teacher unions compensate their rank and file: Without regard to performance, or competency.

Mike Shedlock

As noted in German Two-Year Bonds Have Negative Yield, Demand High; Euro Bond Bubble Guaranteed to Burst, " Banks lend (provided they are not capital impaired), when credit-worthy borrowers want credit and banks perceive risks worth lending."

Night Watch

The Palestinians are continuing to use up their rockets at the rate of over 100 per day. Meanwhile, much of Gaza is being reduced to rubble. The Hamas leadership seems oddly comfortable with that outcome, provided they can still shoot rockets.

Charles Payne

Thursday, in Chicago, 9 year old Antonio Smith was killed in the backyard of an apartment building. He was in the wrong place at the wrong time, but then again, that statement applies to every black child in Chicago and any other city.

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