One of the biggest mistakes I see both institutional and individual investors make is to rely on either one data point or only one data source to make their investing decisions.
Pro-militant propaganda increasingly focuses on erasing the national boundaries set by the colonial powers in 1916. That idea is becoming popular among Arabs.
This is why I’m against taxpayer handouts for groups such as Planned Parenthood and AARP. If they want to endorse bigger government, get voluntary contributions to push that destructive agenda. All I ask is that you don’t coerce me to subsidize statism.
Crony Capitalism seems to be taking its toll on the Democrat Party… The big question, is whether or not the Republicans will be able to leverage that message for 2014. Conn Carroll, managing editor of Townhall Magazine, joined the show to talk about the pervasive nature of crony-capitalism.
Thumbtack, in partnership with the Kauffman Foundation, conducted a Small Business Friendliness Survey.
With Brazil playing host both to the World Cup in 2014 and the Olympics in 2016, this Latin American giant’s coming-out party onto the world stage has the potential to be bigger than China’s was during the 2008 Beijing Olympics.
Although news reporting is limited, it conveys a few insights about the fighting. There are no clear battle lines, as in a conventional war. Success is measured in terms of neighborhoods cleared by soldiers on the ground, as in Syria.
I actually have a perverse fondness for Bill Clinton. This is both because we got better policy while he was President (whether he deserves credit is a separate question) and because he single-handedly generated a lot of quality political humor.
Janet Yellen has no idea what the economy is about to do, Hillary Clinton has no idea what people think of her, and Barack Obama has no idea how to govern… I see a trend developing.
On June 5th, Mario Draghi, President of the European Central Bank (ECB), announced a package of measures, including a policy of negative interest rates, aimed at encouraging or even forcing Eurozone banks to increase their lending to businesses.
Seattle’s minimum wage will cost thousands of small business owners their livelihood, but that’s OK; because according to the city’s Socialist councilwoman, small business owners are all “very, very wealthy.”
Congratulations to Republicans and Democrats alike. On a chained-dollar adjusted basis (but not counting sales taxes, property taxes, fees, home prices, etc.), real average hourly earnings are back to a level seen in 1968.
Earlier this week, we got closer to the day of reckoning where the Federal Reserve finally starts to hike interest rates. It is the moment of truth, which was momentarily greeted yesterday, and will trigger more selling both before and after accommodation is removed.
I wrote the other day that Americans, regardless of all the bad policy we get from Washington, should be thankful we’re not stuck in a dump like Venezuela.
We finally got the person responsible for Benghazi. Sure, it only took 16 days to arrest some obscure film maker who had nothing to do with Libya – and it’s now been roughly two years since our ambassador was murdered – but, yeah… We got him.
Hooray! Higher oil prices! And this hike in prices, of course, will conveniently coincide with increased inflation, stagnating wages, record joblessness, and anemic economic growth. (Haven’t we seen this movie before?)
So John Kerry went on national TV to triple double dog dare Edward Snowden to come back from Russia. For the death penalty? Or life in prison?
If the Iraqi forces do not start putting up a better fight, there might not be time for deal-making to have any effect. A few fast, deadly ISIL forays into Baghdad could panic its population and collapse its defenses.
Since I’m a public finance economist, I’m tempted to say a flat tax and small government are an elixir for prosperity, but those policies are just one piece of a bigger puzzle.
The more people learn about Hillary, the less popular she seems to be. Her book is not selling, she’s making more idiotic statements than Joe Biden without a teleprompter, and even the left is starting to call her out on her lies… I’d have to say 2016 isn’t looking too good for Mrs. Clinton.
In 2012, the current administration made it clear that certain unaccompanied illegal minors would not be deported if caught.
Chicago’s woes are not merely the consequence of circumstances… These are the symptoms of Liberalism.
The European Central Bank’s (ECB) recent move to adopt what is described as “negative interest rates” to guard against deflation should lift stock prices, spur businesses to invest and help to aid lagging economic growth on the continent.
The actual security situation is complicated by the need for the government and for ISIL to boast of their military successes. Our comparison of the claims indicates ISIL has stopped about 50 or 60 miles from Baghdad on its two southern axes of advance towards Baghdad.
Last August, I shared a list of companies that “re-domiciled” in other nations so they could escape America’s punitive “worldwide” tax system. Well, to paraphrase what Ronald Reagan said to Jimmy Carter in the 1980 presidential debate, here we go again.
H.L. Mencken, in 1918, observed that “the whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by an endless series of hobgoblins, most of them imaginary.”
Russia is pushing into the Ukraine and threatening Eastern Europe, China is bullying Japan, the Philippines and Vietnam in the East and South China seas, and terrorist groups in the Middle East and Africa can be displaced in one place only to multiply and create more lethal threats in others.
While Holder and Co have been busy collecting billion dollar fines from big banks, they’ve taken a more direct approach to snub out businesses that don’t necessarily conform with the Holder/Obama view of America.
There are a couple of significant news items in Ukraine today, and both of them will hike tensions in the region.
No matter how much we complain about the inefficiency, waste, and corruption in Washington, things could be worse.
A central flaw in Los Angeles’ logic is that the inflection point in prices came before that in delinquencies.
We’ll see how Brat does, but at this moment the American political calculus has changed fundamentally for the better.
The Guardian has a Live Blog on the Iraq: reports ISIS Militants Push Towards Baghdad - Live.
By concluding that capitalism, even if it is confined to just a few countries, will lead to increasing poverty among the masses around the world, many cynical observers may conclude that Piketty is laying out a carefully planned case towards global socialism.