A man in Canada shot and killed a religious figure who was demonstrating his profound commitment to the religion of peace by waging war on people not as dedicated to peaceful coexistence as Islamists are, namely those intolerant Canadians.
Japan piled on debt, built bridges to nowhere, and engaged in other wasteful spending, all of which made matters worse. Taking on debt to fight deflation is insane. Yet that is exactly what France and Italy want now!
On 23 October Libyan army troops returned to Benghazi, the first time in two months. The city has been under the control of Islamist militias.
I will say, if there is no spread of the disease, it will not be because the authorities did everything right protocols still need to evolve just from mistakes made in the first few hours of the New York patient. New Yorkers are tough but not dumb, and when obvious mistakes are made, they get upset, not afraid.
Since all economic theories even Marxism and socialism recognize that capital formation is a key to long-run growth, higher wages, and improved living standards, it obviously doesnt make sense to penalize saving and investment.
Lets face it. The progeny of Washingtons political class have a lot of advantages. Hunter Biden seems to have made the most of his.
Under the Bush administration, the Labor Department interpreted a piece of the Fair Labor Standards Act as exempting mortgage-loan officers from eligibility for overtime pay. The Obama Labor Department didnt see the law the same way, however, and issued a re-interpretation.
So what did sway the market mentality? The notion the Federal Reserve may hold off finishing its quantitative easing (QE) tapering efforts.
The real trouble came when she claimed that our Campaigner in Chief was actively campaigning in competitive districts. One of the Bloomberg News hosts asked the obvious question: "Seriously?"
For now, it's still a tale of two Europes. Germany (and some smaller Northern European countries) vs. everyone else. Such divergences will not last forever.
The unfortunate news of yesterday's Parliament Hill terrorist incident in Ottawa provides the background for a quick study of the impact that such events can have on the U.S. stock market.
Iraqi Kurdish leaders have agreed to send fighters to help defend Kobani, now that Turkey said it would allow them to cross Turkish territory.
We are regulating our economy to death. One of the main reasons why there is an increasing disparity in wealth in this country is that the crony class is wrapping the middle class and the merchant class the entrepreneurial class in red tape.
I met up with Krugman. He assured me that he tries not to let his political biases affect his economic analysis.
If Republicans win the Senate, President Obama risks another bruising recession if he doesnt embrace compromise and abandon ineffective populist prescriptions.
A 30% net income decline for McDonald's is quite startling to most. I wonder why such a decline took so long. In response to that pathetic performance, McDonalds Vows Fresh Thinking.
In fact, it's really pretty rare for investors to maintain any sort of focus on the current quarter in setting stock prices for any sustained period of time.
One analysis judged that "lone wolf" domestic attacks such as this attest to the weakness of home-grown Islamic terrorists in Canada, or in the US. That judgment seems premature for several reasons.
If the Republicans take the Senate, get ready for a couple more years of King Obamas executive orders. Dr. Larry Kawa and the President of Judicial Watch, Tom Fitton, joined the program to discuss Obamas ongoing abuse of executive power.
This ongoing series has featured amazing feats of inane government, including the worlds most pointless road markings, photo-ID requirements for drain cleaner purchases, and a government so incompetent that it couldnt give money away.
And then the obvious question is Where do the central bankers get all this money?
Dear Readers: The money decisions you make today can lead to either a secure or a scary financial future. Don't be tricked into being complacent. Think ahead, and plan ahead -- and avoid these 13 money mistakes, which could haunt you for years to come.
As long as you're studying something that has marketplace application, youre setting the stage to make back the money that was put into your degree.
Who were the major holders of debt issued by the U.S. federal government as of the end of its 2014 fiscal year?
The siege of Kobani is forcing actors to cooperate who would otherwise be enemies. It also is forcing the enemies of the Islamic State of Iraq and the Levant (ISIL) to ignore established state boundaries in the interest of blocking ISIL.
The midterms are two weeks from now, and either it's going to be the most boring midterm election in history, or the mainstream media isn't going to be happy about the polls, but investors might be, and of course, with so much despair out there, everyone is interested in where we go from here.
The question that policy makers should ask themselves is whether theyre willing to impose $10 or $20 of damage to the private sector in order to collect $1 of additional revenue.
This is right up there with the kid in Hawaii who was told by campus cops he couldnt hand out copies of the Constitution.
The Oracle of Omaha sure didnt see this coming Warren Buffett lost a billion dollars on a couple of bad investments. Also, John talked about the power that the internet has to democratize information; and upset the old guards of Big Government.
When George Gilder, arguably the smartest man in the world, says, as he said to me over dinner recently in Washington, DC, that Peter Thiel is the smartest man in the world pay attention.
I wrote last year about the remarkable acknowledgement by Bono that free markets were the best way to lift people out of poverty. The leader of the U2 band and long-time anti-poverty activist specifically stated that, capitalism has been the most effective ideology we have known in taking people out of extreme poverty.
Europe faces yet another recession, and the prospect is shaking global financial markets. To eliminate the persistent threat of collapse, Europe must drop the euro, and Germany must abandon mercantilism.
When it comes to charity, no one has as big a heart as Americans. So, this begs the following questions: Which Americans give so much? And why?
The stock market Bulls have been right for almost 6 years. They have been crushing the Bears since March of 2009. It hasnt even been a close contest. During this time, the S&P 500 has gone from 666 to a peak of over 2,000 in mid-September of this year.
Cuba to the rescue Thats right: The communist Caribbean country is stepping up to help fight Ebola in Africa. Of course, it should be pointed out that the world isnt exactly clamoring for Cuban healthcare whenever an epidemic breaks out.
The case is North Carolina State Board of Dental Examiners v. FTC, and involves actions taken by that states dental board to prevent non-dentists from providing teeth-whitening services.
The powers that be feared the printing press centuries ago because it empowered people and spread literacy. The Internet and social media takes this to a whole new level and it scares Washington.
Today, at 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for October 24th, 2014 | John Ransom
In Other News: List of "Useless Government Spending" Strangely Doesn't Include Biden's Salary | Michael Schaus
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for October 22nd, 2014 | John Ransom
In Other News: Massachusetts School Board Moves to the Right of Democrats - Becomes Socialist | Michael Schaus