At LewRockwell.com, Boyd D. Cathey sounds the alarm that the neocons and their right-wing Marxism are back, and conservatives need to beware. He writes (abridged): The words recently written by David P. Goldman ring, in retrospect, ever so true: Now under Biden the neoconservatives, partially sidelined under Trump, are back. And “their ideology is a sort of […]
Archives for April 2021
Raise Taxes, Eat the Rich, Control Everything
Goofy and insubstantial as it is, the above pretty much sums up Joe Biden’s address to Congress on Wednesday, writes Roger Kimball in Spectator.US. Biden Promises To “Buy American.” American tax dollars are going to be used to buy American products made in America that create American jobs. Make America Poor Again Hmm … Where, […]
Sell in May?/911 Emergencies/Fidelity #1/Cryptos/Stocks
Who’s got your back in the world of finance when the going gets tough? And some other thoughts. When Georgia changed its voting laws, and over 100 CEOs and business leaders signed a letter in protest, did they even read the law? File this under my “You Invest, They Win.” Are you surprised to see […]
Strong GDP Set to Accelerate in the Second Quarter
First-quarter GDP estimates came in at a robust 6.4%, with growth likely to accelerate to more than 8% next quarter. Over the coming weeks, economic activity in the U.S. will surpass its pre-pandemic high. With the Fed pumping over a trillion dollars of liquidity into financial markets annually and the Six Trillion Dollar Man (Joe […]
Pandemic Spending Pushes Amazon Profits to Record
The pandemic created a perfect storm for Amazon. With more people shopping, and more people working from home using cloud services, Amazon’s profits have soared. Sebastian Herrera reports for The Wall Street Journal (abridged): Amazon. AMZN 0.37% com Inc. reported record quarterly profit as demand remained robust for its deliveries, cloud-computing and advertising businesses, capping […]
Keys Fishermen Can’t Beat the Billionaire.
The Miami Herald’s Mary Ellen Klas reports on the continued assault on Key West’s home rule, writing: A day after citizens of Key West thought the legislation aimed at overturning their vote to limit cruise ship traffic appeared dead, Republican legislative leaders quickly reversed course Wednesday and powered it past Democrats to send it to […]
Has High Noon Arrived in the USA?
Well, in many ways it has. BRIGHT editor Inez Stepman, a policy analyst at the Independent Women’s Forum and senior contributor to The Federalist, thinks it has. She is hosting a podcast with guests from all aspects of the political spectrum and is looking to advance discussions “in a way that hopes to advance our […]
Junk Bond King Predicted This About Real Estate
The rise and fall of junk bond king Michael Milken was well documented in the book, Den of Thieves. Years later, I remember him saying in an interview that the next “big thing” would be the securitization of residential real estate. In other words, you could look up the price of your neighbor’s house and […]
Thanks to the Pandemic by 2025, America’s Biggest Retailer May Be Online
According to a report by Edge by Ascential, which claims to deliver “one of the industry’s most accurate and actionable sales-driving data, insights and advisory solution sets,” by 2025, Amazon.com will outpace Walmart in retail sales. Bloomberg‘s Spencer Soper reports: Amazon.com Inc. will supplant Walmart Inc. as the biggest U.S. retailer by 2025, according to […]
Cybersecurity—Ignore at Your Own Risk: Tim Yee, FBI
A client sent me this video “Cybersecurity—Ignore at Your Own Risk,” by SA Tim Yee, FBI New Orleans. The presentation is around a half-hour, followed by questions. You can watch the entire presentation below. If you’re pressed for time, go to my top three highlights sections at minutes: 12:30, 24.00, and 32.00. P.S. If you […]
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