Investment Watch Blog

REASON: New York Legislators Approve Double Jeopardy for Trump Cronies to Protect ‘the Rule of Law.’ The bill allows dual prosecutions of people in the president’s orbit who receive pardons or commutations. Yesterday the New York State Assembly approved a bill that carves out an exception to the state’s ban on dual prosecutions for people associated with … Read more

via WSJ: “Driven by shale drilling, a gusher of crude production has transformed the Permian Basin into America’s hottest oilfield, turning what was a remote stretch of towns spread among mesquite trees and scrubland into an industrial zone, seemingly overnight. . . . Mr. McGarity’s barbers are raking it in. Those who venture to Pecos … Read more

Xi Jinping calls for self-reliance as China grapples with long-term US challenge of trade war and ban on Huawei and other technology manufacturers Chinese president uses three-day trip to Jiangxi to drive home importance of indigenous technology and resources Analyst says two countries could be at odds well after the next decade Chinese President Xi … Read more

via msn: The man who helped invent scratch-off lottery tickets now has his sights set on a bigger prize: overhauling the way the United States elects presidents. On Tuesday, Nevada became the latest state to pass a bill that would grant its electoral votes to whoever wins the popular vote across the country, not just in … Read more

THIS IS BIG GUYS AG Barr: Nationwide Injunctions Violate Separation Of Powers And Make District Court Judges Far Too Powerful Attorney General Barr gave a speech to the American Law Institute Tuesday on the topic of nationwide injunctions. As Barr pointed out, nationwide injunctions have been used an unprecedented number of times during Trump’s administration. … Read more

NIGEL FARAGE’S Brexit Party is set to make history by commanding the largest share of the UK vote in the European elections for 25 years. The grassroots eurosceptic party, led by Nigel Farage, is polling at a huge 37 percent in the latest YouGov poll for The Times of 3,864 British adults from May 19-21 – … Read more

People are getting dumber. That’s not a judgment; it’s a global fact. In a host of leading nations, IQ scores have started to decline. Though there are legitimate questions about the relationship between IQ and intelligence, and broad recognition that success depends as much on other virtues like grit, IQ tests in usethroughout the world today really do seem … Read more

Via International Man Bloated governments around the world are faced with worsening fiscal conditions. Strapped for cash, they continue to squeeze every drop of wealth that’s within their reach through money printing and higher taxes. Today, we ask Jeff Thomas to weigh in on how to ensure you don’t become collateral damage in the next … Read more

by Paul Boyce From Mises Institute You’re a twenty-something student and have recently graduated. You’re excited to go and take on the world. However, you owe over $50,000. All you wanted to do is gain an education. This massive debt now looms over you. How can the world be so unfair? Why shouldn’t this education be … Read more

A Penn State professor with a side job as a Pittsburgh Uber driver who was arrested this month for allegedly kidnapping two women is now accused of kidnapping a third woman that same night. As he drove, the woman said Lomotey kept asking about her relationship status. She said she replied that “she was engaged … Read more