President Obama, referring to Europe as a cornerstone of U.S. security, wants Congress to authorize a $1 billion slush fund for European security. I doubt Thomas Jefferson would have agreed with the president. Quite simply, we are decades past the time Europe should be funding its own defense. The president is using the catchy phrase […]
Archives for June 2014
Another Broken Obama Promise
The Wall Street Journal dug up this from outgoing press secretary Jay Carney. Emphasis added in bold is ours. From a White House press briefing by Press Secretary Jay Carney, June 21, 2013: Q: Jay, going to back to Afghanistan, the Taliban has offered to release Bowe Bergdahl in exchange for five members of the Taliban […]
Post-War on Terror
Cato Institute Senior Fellow Chris Preble was interviewed by John Amble at warontherocks.com. America’s policy makers should read Chris’s answer to Amble’s question on what the next phase of U.S. counter-terrorism efforts should look like. Amble’s question is in bold, with Preble’s answer below. 3. The administration announced last week that 9,800 American troops will remain in Afghanistan […]
A 50% Loss
Most investor have forgotten what 2008 felt like. The numbers were not pretty, especially for those who took a 50% loss. Dick Young explains in his March 2014 Intelligence Report. It’s impossible to have it all ways. In order to craft an investment portfolio that can act as an all-weather armadillo, you must be willing […]
Bonkers to Be in Key West
Many thanks to the government’s (White House) recently released National Assessment for clarifying why Key West is so peculiar. According to National Assessment, it’s most likely from the ramifications of climate change in the U.S. The assessment assess that global warming will “increase mental illness” in our cities. As Cato’s Patrick J. Michaels points out, […]
Meet the Doctor Who Launched the VA Scandal
Dennis Wagner in The Republic (here) tells the story of Dr. Sam Foote—whistleblower of the Veteran Affairs debacle. Read how Dr. Sam Foote started suspecting that Arizona VA was shortchanging veterans on medical care. Arizona Republic investigative reporter Dennis Wagner began looking into mismanagement in the Phoenix VA Health Care System in early 2013 when […]
Fudging, Union Style
Not unlike the public schools scandals in which teachers and administrators fudged test scores in order to get more money for themselves and their schools, the VA scandal has much the same reek—only more putrid. The VA has been paying, with taxpayer funds, salaried employees who are not doing work related to administrating to vets, […]
Obama’s Weak Tea
President Obama’s West Point foreign policy speech earned the president few new friends. The effort was largely directionless and lacking in foundation. Given that unpleasant introduction, here is Cato Institute’s Director of Foreign Policy Studies Chris Preble’s abridged take. ‘It was pretty weak tea, but not objectionable. There was more good than bad. I knocked […]
The End of the GOP?
Conservatives are losing their lead on social and economic ideology. This trend does not favor the GOP. The war hawks are a major problem, but it’s also time to wake up on the social issues and actually reduce the size of government. Here are the recent Gallup numbers for you: More Americans continue to identify […]
Thomas Picketty Blockbuster
No, not Picketty’s new book, but a Financial Times blockbuster report covering the integrity of Picketty’s data. In general I think little of Picketty’s economics, but if the Times is on track here, an actual junk science foundation will drop the Picketty book into the wastebasket of irrelevance. The New York Times summarizes here: Simple […]
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