In light of the President’s recent remarks about Secretary of Defense Mattis, Robert W. Merry examines the transformation of Trump’s anti-war campaign rhetoric into that which today is guided by neocons John Bolton and Mike Pompeo. The question then becomes, is Trump’s neocon transformation inevitable, or will the instinctual aversion to war he showed on […]
Get Rich Slow with This Strategy
Most “get rich quick” schemes end up turning into “get poor quick” schemes. Reach too deep into the risk pool and you’re likely to fall in. I knew that 30 years ago, and in 1988 I wrote: I’m an ultra-conservative investor at heart…and by intent. I know my reputation in the industry puts me in […]
Gov. Rick Scott at the Cato Policies Initiative
UPDATE: This post was originally run on February 11, 2011. Governor Rick Scott wowed the hard to impress audience at the Cato Institute Policies Initiative at The Ritz Carlton in Naples the day before. As Scott fights for a seat in the Senate, Floridians should remember all the hard work he has done for the […]
Trump Trade Deal Makes North America the World’s Oil Epicenter
In The American Spectator, Stephen Moore outlines the importance of the USMCA, the new trade deal negotiated by the Trump administration to replace the failed NAFTA. Moore writes: For those on the left and right who were certain that Donald Trump’s presidency meant the end of global free trade… think again. Though Trump’s critics have […]
Beto Misjudges the Moment, and the People of Texas
At Real Clear Politics, William Murchison suggests that Robert “Beto” O’Rourke has misjudged his moment, and the people of Texas. They simply aren’t interested in a liberal Democrat who supported the unproven allegations against Judge Kavanaugh. Murchison writes: There are tides in the affairs of men, we are reliably assured, which, taken at the flood, […]
Trump Has Met His Immigration Promises to Americans!
Make America first! It is reported by David Bier at The Cato Institute that President Trump’s rate of admissions for Muslims was 72 percent lower than Obama’s, and 47 percent lower than Bush’s. His rate of admitting people of other faiths was 78 percent and 64 percent lower than Obama and Bush, respectively. On Syrian […]
Rising Interest Rates Clobber Investors as Stocks Collapse?
Utter nonsense. But can you spot the “charitable” word in my headline? The key word here is the word investors. Most financial market participants, whether professional or amateur, are not investors at all. Rather they are more akin to Vegas-like speculators. Real Investors have a long- term game plan based on compound interest, cash flow, balance […]
Don’t Manage Your Money Like This
In September of 1992, I outlined the tragic story of a MLB slugger, Jack Clark who had misspent his money and wound up in bankruptcy. I wrote: It’s Time for Bankruptcy Not for you of course. No, I’m writing to you about bankruptcy for Jack Clark, Boston Red Sox slugger, but this story carries a […]
Can Small Town America Be Saved?
The American Conservative recently printed a version of a speech given by Bill Kauffmann. He was speaking at “Revitalizing Jackson’s Main Street,” an event held by The American Conservative in Jackson, Michigan in September. Kauffmann is a prolific author, and in his book Dispatches from the Muckdog Gazette, he focuses on small town America. In […]
LVMH: One of My Favorite Companies in the World
Next week I am heading to Paris to spend two weeks visiting LVMH retail locations in Paris, and each of the Palace Hotels, as well as the vineyards of Burgundy. In the case of LVMH, the company controls one of the world’s best portfolios of luxury clothing, Champagne and liquors. It is virtually unrivaled. The […]
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