As a tax reform bill inches its way through Congress, some of its provisions may have wealthy residents of high tax states considering a move. In states like Connecticut, New York and New Jersey, home to many high earning hedge funders, the state budgets themselves may be under threat if wealthy residents decide to bolt […]
Archives for November 2017
Can Freedom of Speech be Protected?
In The American Conservative, Bill Kauffman writes about the late Shelby Foote, a Civil War historian. Kauffman recalls in his piece an interview he had with Foote in 2000, and focuses in on Foote’s examination of the Stars and Bars flag of the Confederacy. Kauffman relates Foote’s view of the Stars and Bars then, with […]
Tom Friedman Regurgitates Saudi Propaganda Wholesale
At The American Conservative, Daniel Larison calls out New York Times columnist Tom Friedman for blindly regurgitating the talking points of Mohammed bin Salman—the Crown Prince of Saudi Arabia—whom Friedman recently interviewed. Larison is incensed by Friedman’s ability to ignore the atrocities being perpetrated by the Saudis and their allies in Yemen, while he puffs […]
Greetings From Key West
GPS, Both Vital and Vulnerable: America’s Infrastructure Under Threat
As of 2010 the “world’s only global utility,” the U.S. owned Global Positioning System (GPS), a constellation of twenty-four satellites, has been operating without a viable backup system. The GPS market can be divided into three broad categories: commercial, noncommercial (consumer), and military. The use of GPS is essential to financial systems and is extremely […]
You’ve Read the Last Issue of Intelligence Report: Dave Hammer on WD-40
During my 14-year run in the institutional research and trading business in Boston, the finest analyst with whom I worked was oil analyst Dave Hammer. Since 1990 Dave has been the managing partner of Hammer Asset Management. We stay in touch to this day. You can see why from his interview in the September 1987 […]
Why Every U.S. Citizen Should Be Thanking Donald Trump
Originally posted June 6, 2017. Below are three comparisons showing why the United States’ commitment to reduce “greenhouse gas” emissions by 26-28% below 2005 levels by 2025, which is only 8 years away, is such a bad deal for the U.S., writes Francis Menton in the Manhattan Contrarian. China—With 1.3 billion people and emissions already about […]
What Does the New Single Day Background Check Record Mean?
On Black Friday, Americans swarmed gun shops across America, buying all manner of firearms. The FBI reported that the day saw a record 203,086 requests for instant background checks (NICS). Background checks aren’t a perfect measure of gun sales because some requests are rejected, and some requests are for more than one firearm. But as […]
Another Failed American Intervention: This One Threatens Europe
There isn’t much good that can be said about the now deceased brutal dictator and mass murderer Muammar Qaddafi. But what can be said is that his presence at the head of Libya kept radical Islamists from putting their roots down in the country, and he prevented refugees using Libya as a launching pad over […]
Is Donald Trump Destroying the State Department?
As Peter Van Buren explains at The American Conservative, Donald Trump and his Secretary of State Rex Tillerson are by no means destroying the State Department. The organization has been less and less meaningful, and the new administration is simply adjusting in to match its mission. Despite the hyperbolic wails from the media that Tillerson […]
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