Just when you think the sad story of the VA can’t get worse, a new more depressing chapter is unveiled. FoxNews’ Elizabeth Harrington reports that while a thousand veterans were dying, the VA was spending $20 million on artworks. Lack of prioritization is a death knell to any privately run business, but in government, it […]
States and Cities Struggle under Pension Weight
Timothy Martin writes at the Wall Street Journal that public pensions in the United States are about to record their lowest long-term returns ever. I’ve warned about the threat to pension funds posed by low interest rates time, and time, and time, and time again. Now the chickens are coming home to roost, and public […]
Excise to Excess: States that Make You Pay
The Tax Foundation has released a map displaying the ranking and dollar/citizen each state pulls in via excise taxes. Excise taxes are usually placed on goods that consumers can’t avoid, like gasoline, or goods that governments would prefer consumers avoid, like cigarettes or alcohol (also called Sin Taxes). Policy makers are attempting to generate maximum […]
Is Your State a Fiscal Mess?
For years I have followed the excellent work of Eileen Norcross at the Mercatus Center. Norcross laid the foundations for my RIP Map, and is always a source of great information. Earlier this summer, Norcross and Mercatus Center research assistant Olivia Gonzalez, released a report Ranking the States by Fiscal Condition. Needless to say, if you’re […]
Paul Ryan Takes Lincoln’s Name in Vain
Back when Paul Ryan was still holding out on endorsing Donald Trump as the GOP nominee, he referenced “free trade” as a pillar of the Party of Lincoln. In response, Pat Buchanan put the lie to that claim. Thanks to my client Kushro Ghandi for sending this post along for a look back. Readers very much enjoyed […]
Stand with the NRA
A friend forwarded this to me and I’m doing the same for you. Pass it on… Following the horrific terror attack on a nightclub in Orlando, Fla., in June, all of the usual suspects—from President Barack Obama to presumptive Democratic presidential nominee Hillary Clinton to U.S. Sen. Charles Schumer—began calling for the same old non-solutions […]
Dallas Shooter Attended Self-Defense Course
This is a good piece by Scott Witner at the Loadout Room. Reports are still coming out about the shooters weapons, his weapons cache that was discovered, and now the training he has had. Obviously when a tragedy such as this one happens the suspects life gets turned inside out and the public is overwhelmed with […]
When the Lights Go Out
Inflicting major disruptions to the electrical grid, whether by humans or natural causes, is not that difficult to imagine. It has already happened which you’ll learn more about in this excellent article, and series, by Rebecca Smith in The WSJ titled, “How America Could Go Dark.” I spent time this week speaking with an engineer […]
Get Your Survival Training Now
You have plenty of opportunities to get your survival training now. Don’t let inertia slow you down. Here’s what I’ve learned for you. A client told me this week he’s thinking about attending a pistol course through the Surefire Institute. They will be in his town for about ten days offering a variety of coursework […]
Brexit a Pension Fund Risk?
I’ve written in the past about the threat that low market yields and returns pose to pension funds, where managers are setting expectations too high (see here). Now managers face a new threat, the fallout from the Brexit. The Wall Street Journal reports: The retirement savings of tens of millions of people have come under […]
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