The South by Southwest (SXSW) Conference in Austin, TX this week featured guest speaker (via video conference) Edward Snowden. The NSA exposing Snowden’s appearance, as Cato’s Gene Healy points out in his weekly DC Examiner column, wasn’t without some controversy. According to Rep. Mike Pompeo, R-Kan. Snowden’s “only apparent qualification is his willingness to steal from his own […]
Archives for March 2014
Obama’s Bad Week
It’s been a rough week for President Obama, with his approval ratings hitting new lows, a loss for his ally Alex Sink in Florida, declining Obamacare enrollment rates, trouble brewing between the Senate and his own administration’s CIA, and new problems with Obamacare’s mandates. James Freeman has detailed this list in The Wall Street Journal. […]
Cato’s Emergency Conference on the Prospects for the Ukraine Economy
Get all the details here. Even when one tries to ignore the current developments in the East of the country, Ukraine is in a pickle. With one of the lowest incomes per capita among the transitional economies of Eastern Europe, rampant corruption, and quickly depleting foreign reserves, the country is overdue for a reform package […]
Midterms: Obamacare Hurts
Democrats have thrown everything at Obamacare including Alex Sink. She felt Obamacare was fixable. But the Democratic candidate for Florida’s 26th Congressional District lost yesterday. And she’s not the only Democrat running on a “we can fix it” (with no solutions) campaign. Stay tuned as Cato’s Michael Tanner observes: The same purposeful vagueness can be found […]
You Have to Pass the Bill to Rewrite the Bill
Does anyone have a reasonable explanation of how Obama has the legal authority to suspend duly passed congressional tax legislation? Is there not a constitutional test of Obama’s usurpation of authority? Obama’s grand vision seems not to be hampered by the Constitution. Could mandates not have been eliminated to help hold the price of insurance […]
Obama Approval Rating at New Low
No surprises here. With Obamacare coming apart at the seams, Americans are abandoning President Obama. In the WSJ/NBC poll, 49% think Obamacare was a bad idea. Mr. Obama’s job approval ticked down to 41% in March from 43% in January, marking a new low. Some 54% disapproved of the job he is doing, matching a […]
PonoPlayer: iPod Killer or Just another Zune?
The road to digital music player success is littered with failures, most famous among them is Microsoft’s Zune Player. Each one has attempted to take on Apple’s iPod (now mostly subsumed by the iPhone). But from music legend Neil Young comes a new entrant into the category of music players. The PonoPlayer offers listeners something […]
The World’s Smallest Guided Missile
Through the Navy, the Pentagon has developed the world’s smallest guided missile, the Spike. It weighs a mere five pounds, is only 25 inches long and could allow the military to reduce collateral damage without degrading defensive capabilities. Expect to see these loaded on drones taking off from the decks of aircraft carriers to combat […]
Cato Institute’s Jim Harper Knows Bitcoin
I recently spent three days with Jim Harper and other Cato scholars at Cato/Sarasota. I know Jim well. We spent time talking about Bitcoin’s future and how little most American’s know about Bitcoin. Here it is announced in the WSJ that the Bitcoin Foundation has hired Jim to advise them. Bitcoin advocates are pumping up […]
Investing to Win the War
In my close to 20 years working with investors I have found gauging one’s risk tolerance is more art than science. There are models galore that will give you an “appropriate” allocation for your age, income needs etc. But often times that’s thrown out the window when times get tough. And tough they have gotten, for […]
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