Friends and family of mine who have been, and who currently are, teachers do not like the fact that they have to join a union as a condition of their employment. They deserve to have a choice. Harlan Elrich, a California teacher has joined a 10 person lawsuit against unions that force non-members to pay […]
Genius behind The Big Short Says Economy is Toxic
Michael Burry, played by Christian Bale in The Big Short, was ahead of the market on predicting the financial crisis beginning in 2007. Today Burry is sounding an alarm once again as he tells New York Magazine of the market, “We’re right back at it.” Where do we stand now, economically? Well, we are right back at it: trying […]
Is Your State in a Death Spiral?
At Forbes, William Baldwin has developed a “FeedMe” ratio map of the United States. If your state has more “takers” than “makers,” it’s at risk of a death spiral. Take a look at the map below and see if your state is on the edge of a death spiral.
What Lies Ahead for Markets is Not Clear
In the December issue of Intelligence Report, Dick Young writes: The rigged (check with the Fed) financial markets are increasingly imperiled by the domination of high-frequency trading and highly leveraged derivatives. Serious investors look on from the outside and make up but a small, insignificant component of daily trading. In other words, you and I […]
Texas Set to Join Open Carry States
On January 1, Texas will join 30 other states in allowing the open carrying of firearms without a permit. FoxNews.com reports: Come Jan. 1, licensed firearms owners in Texas will be able to openly carry a handgun in most places. A law signed by Republican Gov. Greg Abbott earlier this year will make Texas the most […]
Law Abiding Firearms Owners Enhance Safety
In the conclusion to his powerful analysis, The Costs and Consequences of Gun Control, David Kopel of the Cato Institute writes: Firearms in the hands of law-abiding citizens enhance public safety. Firearms in the wrong hands endanger everyone. Responsible firearms policies focus on thwarting dangerous people and do not attempt to infringe the constitutional rights […]
Adam Smith and the Prudent Man
From the WSJ: Adam Smith, “The Theory of Moral Sentiments” (1759): The prudent man always studies seriously and earnestly to understand whatever he professes to understand, and not merely to persuade other people that he understands it; and though his talents may not always be very brilliant, they are always perfectly genuine. He neither endeavours […]
Best Countries for Business: U.S. Slides Again
Forbes has released this year’s list of the Best Countries for Business. Sadly the U.S.A. has fallen further down the rankings. Forbes writes: Looking for a land of opportunity? The Old World beckons. Despite a sluggish economy, Europe dominates the top of FORBES’ annual ranking of the finest countries for capitalism—with Scandinavia as a particular […]
Star Wars: The Force Awakens Today
“The experience of it was so profound, and so moving, and so funny, and so sweet, that for me, as a kid, it blew my mind…and it was just…it said anything is possible” said director J.J. Abrams about seeing Star Wars for first time when he was 11 years old. I will never forget the first […]
Rand Paul: Best Debate Yet
Sen. Rand Paul had his best night yet at last night’s CNN debate.
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