North Korea announced that Chang Sung-taek, uncle and former regent for Kim Jong Un, was tried on 12 December by a military tribunal at which he confessed to treason, was sentenced to death and was executed on 13 December.
According to a recent Gallup survey, dissatisfaction with the government tops the list as the most important problem facing this country today. I'm sure the spin masters would say that's directed at the mean old Tea Party and the GOP who's always saying "no."
Well... It's not where you would think.
Right now you have about 3 million jobs in transportation, commerce, trades, that can't be filled. Electricians, plumbers, truck drivers, welders... Jobs that typically parents don't sit down and say to their kids - look if all goes well, this is what you are going to do.
We're going to start solving the mystery of why economic growth in the U.S. was so unexpectedly strong in the third quarter of 2013 in a place you wouldn't necessarily expect: the ports of China.
I can somehow visualize Patty Murray acting as Dorothy (The Wizard of Oz) and I can also imagine Congressmen Paul Ryan (R-Wis.) as the Tin Man, with John Boehner turning into the Cowardly Lion, and Senator Harry Reid (D-Nev.) inserting himself into the action as the Scarecrow.
Not feeling as if they have adequately displayed their anti-gun bias, the Washington Post is trolling the nation for stories of “gun violence” to feature on its pages. In an episode of leftist crowdsourcing, the liberally inclined WaPo is asking its readers “What’s your gun number?”
This week at memorial services for former South African President Nelson Mandela, Barack Obama greeted a number of world leaders, including the communist dictator of Cuba, Raul Castro. The President warmly shook hands with Castro, slightly bowing during the visit to engage in pleasantries.
You know why the administration tried to foist the blame for cancelled policies not on the law itself, but rather on the insurance companies? Because they got the talking point directly from Politifact, which rated the claim of unchanged coverage as "true" previously.
What was Dickens really doing when he wrote A Christmas Carol? Answer: He was weighing in on one of the central economic debates of his time, the one that raged between Thomas Malthus and one of the disciples of Adam Smith.
The time periods are decades apart, today’s technology is certainly more advanced, and the world is currently in a much better place. Yet, just consider if John Kerry’s statement regarding these most recent Iranian negotiations, is really any different than Neville Chamberlain’s well-known ironic phrase, “Peace for our time.”
From companies with drugs in their pipeline to companies still developing them, this has been the garden spot in the market this year – a year desperate for garden spots.
The real story of yesterday's news, however, is the global economy. The by-product of wealth is credit or, is the by-product of credit wealth? Credit and debit cards are more than symbols of wealth; they facilitate the flow of capital that is the engine of prosperity.
Counting transfer payments such as foods stamps, Medicaid, Medicare, and other government welfare, Congressional Budget Office (CBO) analysis shows the top 40% pay 106% of all taxes (more than all of them). In turn the bottom 60% get money back.
The Cult of Communism and its gateway drug, socialism, centers around mythical utopian notions of how material goods and power is “equally” distributed in a society.
If you’re worried about the budget deal, only one number really matters: The number of Democrats we cut in Congress. Conn Carroll, managing editor for Townhall Magazine, joined the program to discuss the latest budget deal.
If the story is true, there will be continuing turmoil from investigations and interrogations, internal terror, and many executions of senior officials. This will be accompanied or followed by a nationwide re-education.
The Ryan-Murray plan: Tax hikes and make-believe spending cuts are supposed to generate “savings” over 10 years that will “offset” the higher spending that will occur 2014 and 2015. (Don't hold your breath.)
Alan Blinder, a professor of economics and public affairs at Princeton University and former vice chairman of the Federal Reserve, is back at it.In an Op-Ed in the Wall Street Journal Blinders says suggests negative interest rates.
The number of publicly-traded U.S. companies announcing that they would be acting to cut their dividend payments rose back into recessionary territory again in November 2013.
Supporting higher taxes, after all, on those who make more than you-- and this is what opponents of free markets wish for-- is not the same as a rich man feeding and clothing the poor. Or even yet a widow donating out of her want.
My friends and I have agreed to give charitable donations for the holidays instead of physical presents. What's the best way to do this?
Officially, Friday is Ben Bernanke's birthday, but we can understand if he's too pooped to party after last Friday. It was a heck of a week that began with the market edging lower each day in anticipation of a better-than-expected jobs report.
The government’s monopoly education system is a travesty mostly because taxpayers spend record amounts of money and we get very poor results. But I’m also irked at the way government schools engage in absurd displays of political correctness, particularly when it comes to make-believe weapons.
With the U.S. Census Bureau's long-delayed release of new home sale prices last week, we now have a better picture of the situation developing for the U.S. new home market. It would appear that the rapid rise in new home sale prices that we have observed since July 2012 is now stalling out.
The AP “news” organization has manufactured news in order to decry the obstacles to creating a society where we all have the same cruddy high-rise apartment, with the same government-mandated car, with our children in same state-run daycares disguised as schools.
How much worse could Dodd-Frank get? Well… You could add Maxine Waters to the mix. Gayle Trotter, from the Independent Women’s Forum, also joined the program to discuss DC’s latest budget “deal”.
?There is an abundance of evidence that the education system is failing far too many American children. Scholastically speaking the familiar chant of, "We're Number One" – seemingly embedded in American's DNA for generations – has been replaced with "We're just average – and sliding backwards."
On Monday, a group of nearly 100 state legislators from 32 states gathered at Mount Vernon to demand an Article 5 Convention. Such is the vigor of their cause, I predict demanding an Article 5 Convention will become a litmus test for all Republican presidential candidates in 2016.
According to the Post, “agency employees are voicing frustration at what they perceive as White House ambivalence amid the pounding the agency has taken from critics”… And, let’s face it, they hear it all.
Reflecting on his energy policies, domestic policies, foreign policies and outright lies… Would you recall Obama if given the opportunity? Bob Greco, with the American Petroleum Institute, also joined the program the war on affordable energy.
Many times in life we try to accomplish too many things at once. One problem with this is often it diminishes our ability to focus. When you spend all your time nickel-and-diming everything, the result is that nothing gets done very well.
Although the U.S. stock market continues to hit new nominal highs on a nearly daily basis, the U.S. economy bumps along at a lackluster pace. This disconnect has been achieved by a massive Fed experiment in monetary stimulation.
Rebels again accused the Syrians of using chemical weapons last Thursday at a target in western Syrian. The rebels are losing, are lying about it and do not understand they have lost on this issue.
It’s not newsworthy that there’s a lot of double taxation in America. What is shocking and discouraging, however, is finding out that our tax code is more punitive than just about every European welfare state.
These charts provide yet another indication of weak hiring as well as visual evidence that something is awry with the budget. Also, when the next recession does hit, there are plenty of people who will not be eligible for benefits.
"Obama and Bloomberg are pulling out the stops, knowing that support for gun control--which rose in the days after Sandy Hook--is waning," says the NRA.
Let's head straight to the Harvard Survey of Young Americans’ Attitudes toward Politics and Public Service.
The Patriot Act was anything but. It should be scrapped. James Clapper should be prosecuted and spend the rest of his life in prison where he can think about the true meaning of patriotism.
Low rates are often defended as “putting money in the consumers’ pocket” but that couldn’t be further from the truth. It simply transfers money from one set of consumers to another.
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Thursday April 17th, 2014 | John Ransom
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Wednesday April 16th, 2014 | John Ransom