Liberal Media Scream: It’s Trump’s fault liberals fell for Smollett hoax. This week’s Liberal Media Scream features the latest spin for why liberals, including some Democratic presidential candidates, fell so hard and fast for actor Jussie Smollett’s claim he was targeted in Chicago by racists and Trump supporters. In an appearance on MSNBC, the Washington Post’s Jonathan … Read more
by Graham Summers of Gains, Pains, & Capital The Fed is truly terrified of what’s coming. Last Friday, a number of Fed officials gave speeches at prominent Central Banking conferences. The contents of these speeches reveal a degree of terror that runs completely counter to what is happening in the markets today. To look at the surface of things, the … Read more
by John W. Whitehead “We know where you are. We know where you’ve been. We can more or less know what you’re thinking about… Your digital identity will live forever… because there’s no delete button.”—Former Google CEO Eric Schmidt Uncle Sam wants you. Correction: Big Brother wants you. To be technically accurate, Big Brother—aided and abetted by his corporate … Read more
via NYT: Armchair investors have been selling stock. So have pension funds and mutual funds, as well as a whole other category of investors — nonprofit groups, endowments, private equity firms and personal trusts. The stock market is off to its best start since 1987, but these investors are expected to dump hundreds of billions … Read more
by Shaun Richards One of the main themes of my work is that the monetary easing by central banks has boosted asset prices, but the catch is that for example rises in house prices are inflation for the first-time buyer as well as those trading up. So the theme that it is all wealth effects … Read more
And would collapse the dollar in less than 2 years! According to a new report, Rep. Alexandria Ocasio-Cortez’s (D-N.Y.) Green New Deal could cost taxpayers as much as $93 trillion over 10 years. The American Action Forum, a center-right think tank, estimated that the Green New Deal could cost between $51 trillion and $93 trillion, … Read more
via Keith Jurow Remember all those sub-prime mortgages that blew up in 2007 and popped the housing bubble? The widely-held consensus is that millions of them were foreclosed as housing markets cratered. Since then, the remaining ones have been quietly disappearing as markets recovered. Here is the problem: That is just a fairy tale. The truth … Read more
by: Stefan Gleason More than a decade after the 2008 financial crisis, U.S. monetary policy continues to operate in crisis management mode. Despite a long, drawn out rate-hiking campaign – now paused – the Federal Reserve has yet to bring its benchmark interest rate up to normal levels historically. It has yet to unwind the … Read more
Reason TV, Released on 2/26/19 The U.S. sugar program is “Stalin-style price controls,” Ross Marchand of the Taxpayers Protection Alliance tells John Stossel.
by John Ward Bland consensus is a bad thing. But utilitarian consensus would be vastly preferable to the opposing armed camps of ideological nonsense we see before us today. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ I do not consider myself to be a progressive. In the eyes of progressives, that statement renders me a scumfascistbigotracisthardrighter. Which kind of goes to show … Read more