I will be looking for focus on three issues in tonight’s Fox News debate: Dump the tax code. Replace it with a 10/10/10 flat tax on personal/corporate income and final retail sales. No federal tax on dividends, interest or estates. Simple post card federal tax filing. Commit to putting an end to the military adventurism, […]
Archives for August 2015
Happy 91st Birthday Richard Russell
Richard Russell has been publishing Dow Theory Letters since 1958 and writes at dowtheoryletters.com. He turned 91 in July and writes about the markets and life on a daily basis. Here is my all-time favorite piece. Happy 91st Birthday Mr. Russell. RULE 3: RICH MAN, POOR MAN: In the investment world the wealthy investor has one major advantage over the little guy, the […]
The Most Expensive Weapons Program in American History?
Writing in the July/August issue of The American Conservative, William S. Lind, director of the American Conservative Center for Public Action, tells readers it is the F-35 airplane: “Procuring the F-35 will cost nearly $400 billion and require annual funding of an average $12.4 billion a year through 2038.” [W]e are buying F-35s before we […]
The Ghost Gun
Wired’s Andy Greenberg shows how easy it is to make a ghost gun: THIS IS MY ghost gun. To quote the rifleman’s creed, there are many like it, but this one is mine. It’s called a “ghost gun”—a term popularized by gun control advocates but increasingly adopted by gun lovers too—because it’s an untraceable semiautomatic rifle […]
Washington’s Quintessential Wise Man
In his lead article for The National Interest, Jacob Heilbrunn writes about a Richard Rovere article in the America Scholar on the establishment. “The Establishment, as I see it, is not at any level a membership organization, and in the lower reaches it is not organized at all. In the upper reaches, some divisions have achieved […]
My Sig Sauer 226
One takeaway from my recent visit with my friends at White Mountain Firearms in North Conway, New Hampshire is that guns and ammo aren’t getting any cheaper. My favored Sig Sauer 226 MK 25 chambered in 9mm is about 25 percent more expensive than it was five years ago. But I’ve invested a lot of time and […]
A Wrecking Ball to the Economy
With Hillary Clinton’s announcement of her plan to nearly double the capital gains rate for investments held less than six years, Stephen Moore writes that it shows a deep and disturbing ignorance of the effects of the capital gains tax and its impact on growth. As Mr. Moore points out, Hillary’s plan to raise the […]
A Unilateral Israeli Strike?
Writing at nationalinterest.org, Daniel R. DePetris asks “What about the prospect for a unilateral Israeli strike on Iran’s nuclear facilities?” How would Iran respond? However Iran chooses to respond to an Israeli attack on its nuclear program, Khamenei will instruct the IRGC-QF to do its work as discreetly as possible. Any overt missile attack on […]
Strength in Shooting
Does a stronger shooter make a better shooter? This video helps answer the question.
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