Tea party rebels easily succeeded in ridding the House of Eric Cantor for the coming term. Cantor was squashed in the Virginia primary by little-known tea party-backed college professor David Brat. Let’s hope the tea party can be equally successful this fall in grabbing the House leadership role from corporate crony lackey John Boehner. The […]
Archives for June 2014
Hillary Clinton: What A Difference?
You may be disappointed with the title of Secretary of State Hillary Clinton’s memoir “Hard Choices.” A better one, that I can’t get out of my head, would be a picture of her on the cover and the quote, “What Difference, At This Point, Does It Really Make?” The about sums her up. It’s the […]
Muslim Brotherhood Crushed
The new ruling military-backed government in Egypt is wasting no time extinguishing the flame of the Muslim Brotherhood. Layers of Brotherhood leadership have been either executed or imprisoned. The group has been relegated to virtual insignificance and the heat will continue on until there is nothing left. Al Jazeera reports: With former Defense Minister Abdel […]
Russian de-Dollarization
Russia, in a snit, is attempting to move away from the U.S. Dollar in favor of Asian financial centers and currencies. The move is a complete non-event for the West. Russia has adopted an adventuresome position versus its Eastern European neighbors, which will generate a prompt financial retaliatory response by the West if Russia continues […]
Obama/Warren Sham
President Obama and Senator Elizabeth Warren want to rewrite the student loan book, putting you on the hook for billions. Democrats know that young people are onto the economic and jobs fraud that is the Obama administration and are now being offered an (un)ethical bribe. The WSJ details the embarrassment for all Americans and explains […]
Once in a Lifetime Stress?
You need to check out this stress index. The Kansas City Financial Stress Index is a monthly measure of stress in the U.S. financial system based on 11 financial market variables—including the high-yield bond/Baa spread, volatility (VIX), and the correlation between returns on stocks and Treasury bonds. As you can see in the chart below […]
A Case of Terminal Frivolity
Thomas Sowell in NRO points out that perhaps it was more important what Mr. Obama got out of the Berghdahl deal than what the U.S. got out of it. For example, getting the VA scandal off the front page certainly made Obama a clear winner. Voters elected Barack Obama not based on serious reflection of […]
McCain Knew!
Remember the Building 18 scandal? No? Well refresh your memory here. We’re talking 2007, and the target is Walter Reed Army Medical Center in Washington. I remember the mouse droppings, belly-up cockroaches, Walter Reed horror story like it was yesterday, and I am not even a U.S. senator like John McCain or Bernie Sanders, the crack […]
Ditch your iPhone
NSA can track you even if your phone is OFF! Sound like science fiction? Sorry, and the news gets a lot worse as you will read here. Just because you turned off your phone doesn’t mean the NSA isn’t using it to spy on you. Edward Snowden’s latest revelation about the NSA’s snooping inspired an […]
First for UAW Since 1967
Last week the UAW approved an increase in dues for the first time since 1967. The average worker will spend over 2 hours a month working to pay his dues. UAW leadership is misreading the tea leaves. The increase is on the heels of a decline in membership to less than 400,000 from a peak […]
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