At this rate they'll have to change the state song from "Where the Columbines Grow" to "Where the Cannabis Grows." Or how about "Oh, Cannabis!" That would be great during hockey games.
Clearly, this is yet another bad report, with people dropping out of the labor force like mad. Amusingly, USA Today reports that "Paul Ashworth of Capital Economics says severe winter was the main culprit behind the disappointing job gains."
Well, Chris Christie proved he can say, 'I'm sorry,' with the best of them. (It's clear the governor has come home with chocolates and flowers at least once in his married life.) Of course the question now isn't his performance, but what did he know, and when did he know it?
There was more bad news; 347,000 people walked away, left the workforce entirely in a month when the total population increased by 178,000. The Labor Force Participation Rate (the measure of how many people have a job or are looking for one) fell back to just 62.8% matching a 35 year low.
Washington is in the middle of another debate about redistributing money. But that’s hardly newsworthy. Politics, after all, is basically a never-ending racket in which insiders buy votes and accumulate power with other people’s money.
Like a Mayan Priest that claims the sudden drought is the wrath of a god, climate alarmists claim the sudden cold is the result of your non-hybrid SUV. Sacrifice a few trillion dollars (rather than a virgin) and the angry climate gods will soon return normalcy to your seasonal weather schedule…
In general, hyperinflationists ignored the credit aspect even though credit dwarfs money supply. Those screaming that hyperinflation is at hand, have missed the boat and will continue to do so for the foreseeable future. Another equity bubble bust is around the corner, and that bust will be anything but inflationary.
We know. It's a long list. But we're specifically looking at the seasonally-adjusted trend in the state's weekly number of initial unemployment insurance benefit claims, which are filed whenever people are laid off from their jobs.
On Wednesday, Syrian Islamist rebels seized control of a hospital used as a headquarters by forces of the Islamic State of Iraq and Syria (ISIS) in the northern city of Aleppo.
Depending on my mood and time of day, any of number of options might be at the top of my list. But I also might say that I’m most upset about the way that the tax code facilitates a perverse form of legalized corruption in Washington.
Examples of the failures of government, large and small, are pretty easy to come by. Solyndra, the Iraq War, the response to Hurricane Katrina, Obamcare: Take your pick. But in terms of both wasted money and human suffering, it’s hard to find a more egregious government failure than the War on Poverty.
Lyndon B Johnson declared war on poverty 50 years ago. So, how’s our war progressing? Are we winning? Is anyone keeping a list of casualties?
When you define everything about skin color or gender or group, you can’t but help to someday get your wish. And then everything becomes about skin color, gender or group.
Falling inflation is actually a good thing, but no one on the Fed sees things that way. Nor do any of the Fed governors see the enormous bubbles in stocks and corporate bonds they have created.
The government announced that it would not attack Fallujah for now in order to minimize civilian casualties. At least one source in Iraq, however, reported that government forces have low morale because they lack the supplies and equipment to mount an operation that has any prospect of success.
Men on Strike is pretty much what the title says it is: a book about how many men have decided not to participate in certain areas of life, most notably in school, family, and increasingly in work.
The numbers in this chart, which are based on Census Bureau data and scholarly studies, show that the poverty rate was steadily falling in the United States – until the federal government decided to launch a so-called War on Poverty.
It turns out that the heartless corporations, and not the big-government juggernaut of good intentions, are the ones actually doing good for Americans, their families, and their communities. Business, and not government, is the key to progress in America; a fact lost on occupy-protestors, anti-corporatists, and Obama-style-Democrats.
As late as November 1st, 2012 wearing his flight jacket as commander in chief Obama told a crowd on the campaign trail: “Thanks to sacrifice and service of our brave men and women in uniform, the war in Iraq is over, the war in Afghanistan is winding down, al Qaeda has been decimated, Osama bin Laden is dead.”
The Consumer Electronics Show kicks off in Las Vegas today, and promises to be a spectacle. Products introduced this week will go on to be household names, and make life easier. From an investment point of view, opportunities will be revealed as well.
One of my most widely read – but also most depressing – articles was from about two years ago and it exposed the fact that Washington, DC, is now the nation’s richest region. I explained that Washington is rich because of unearned wealth.
The Federal Government just got another settlement from JP Morgan Chase… Is it completely unbelievable that some of the Fed’s investigations into JP Morgan is politically motivated? Also, Brent Littlefield, from Littlefield Consulting, joined the program to discuss government gridlock and partisanship.
In Mark Twain’s classic "A Connecticut Yankee in King Arthur’s Court," Hank Morgan, who calls himself the Yankee of the Yankees, uses science to create the illusion of magic. Today, global warmists use magic to create the illusion of science.
I hate to break this to you, but overspending is not an emergency. If you budget a set amount in one category and you go over that amount, you’ve got to have something you reduce or cut out completely to stay within your budget for the month.
In general, traders scream "manipulation" every time trades go against them. Perhaps some of them are. But traders never complain when trades spike heavily in their favor.
Some things in life are very dependable. Every year, for instance, the swallows return to Capistrano. And you can also count on Dan Mitchell to wax poetic about the looming collapse of French statism.
You just gotta love the math that regularly emanates from the federal government. Specifically, it’s the participation rate that’s utilized in order to calculate the unemployment numbers.
Can President Obama campaign AND govern? Because it’s beginning to look like he can’t do either one right now. Katie Pavlich, from Townhall, joined the program to discuss the President’s most recent PR campaign for Obamacare.
“Bipartisanship” makes this writer uneasy. It often represents Washington code signifying collusion by Republicans and Democrats to stick it to the taxpayers and citizens. So in this celebratory season gridlock is something to celebrate.
Most economic observers are predicting that 2014 will be the year in which the United States finally shrugs off the persistent malaise of the Great Recession. As we embark on this sunny new chapter, we may ask what wisdom the five-year trauma has delivered.
Let’s face it. Gun control is good business. Not only for the Bloomberg sycophants who prey off of the fearful (unarmed) masses, but for dealers, manufacturers, and purveyors of firearm accessories. And while gun stock prices have gone up (see… guns are an investment, not an “obsession”) America has actually become safer.
2013 has been a bad year in the global warming modeling business. Real-time data refuses to confirm the dire predictions global warming models have given us that the use of fossil fuels are warming the world at the catastrophic rate, so the bureaucrats have been forced to use some alternative fuel of their own: B.S.
At least under Hussein, religious freedom existed. It doesn't now. Chaldean Catholics are targeted and killed simply because they are Catholic.
In addition to discussing different options for obtaining effective health insurance coverage and avoiding tax penalties, which at this writing, will still negatively affect the millions of Americans for whom President Obama has not yet waived the penalties, Parnell also describes how to get the most for the money you do have to spend on health care services.
OECD bureaucrats get tax-free salaries, which nicely insulates them from having to deal with the negative consequences of the policies they advocate for folks in the private sector.
When we woke up on January 1, 2014, most of us probably broke some kind of law. It has become obvious that no matter what we do in our daily lives, we are violating some government imposed statute or regulation that we had no idea even existed.
It’s nice to see that despite being on vacation in Hawaii, the President can still carve out some time – between rounds of golf and snorkeling – to insult his political opponents. After all, nothing encourages bi-partisanship in the New Year like a little name calling and mudslinging.
In order for Washington DC's median household income to equal the rest of the nation, the folks in our nation's capital would have to forfeit 152 days of pay on a 365 day calendar to catch up. That would put them back to work on June 1st, 2014.
One thing we learned from the financial crisis in the US, and continued bank problems in Europe is the biggest portion of the mess is continually hidden
The second U.S. housing bubble, which first began inflating after July 2012, has resumed inflating after stalling out in the months from July 2013 through September 2013.
This is a Constitutional issue. This is a general privacy issue. But it’s also a crony capitalism issue.
Nearly four years after the failed attempt to gives us back our light bulb, the attitude about government intrusion, thanks in large part to Obamacare, is much more negative.
If folks on the left really cared about minorities, they would be among the biggest advocates of genuine reform.
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance: William's Edge Webinar for November 21st, 2014 | John Ransom
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for November 17th, 2014 | John Ransom