Vinyl records are making a resurgence. From the Wall Street Journal: Nearly eight million old-fashioned vinyl records have been sold this year, up 49% from the same period last year, industry data show. Younger people, especially indie-rock fans, are buying records in greater numbers, attracted to the perceived superior sound quality of vinyl and the […]
Cyber Attack on America’s Critical Infrastructure?
Michael Rodgers, director of U.S. Cyber Command, says it is only a matter of when we are going to see something dramatic in a cyber attack on the country’s critical infrastructure. One big concern is that most of the pipelines are operated by private companies, which could limit the government’s visibility into their operations. McCreary, […]
R.I.P. Sam Cooke Dec. 11, 1964
It’s been 50 years since the death of Sam Cooke. The Wall Street Journal summarizes his groundbreaking career here. In the late 1950s, Cooke was the first black singer-songwriter to figure out how to parlay male vulnerability into sweet pleas that resonated with integrated teen audiences. Watching his TV appearances on YouTube, it is easy […]
Big Government Is Bad
The Cato Institute’s Dan Mitchell looks at Nazism, Communism, Socialism and the big-spending interventionist policies of Barack Obama. Is Obama a socialist? If you’re asking whether he’s a big-spending interventionist, the answer is yes. But if you’re asking whether the President believes in government ownership of the means of production (which is the defining issue […]
H.R. 758 “A Russophobic Rant From Congress?”
Pat Buchanan thinks so and writes that H.R.758 is full of falsehoods and steeped in superpower hypocrisy. As Pat notes, ex-Rep. Ron Paul says that House Resolution 758 is so “full of war propaganda that it rivals the rhetoric from the chilliest era of the Cold War. Pat concludes, “Those who produced this provocative resolution […]
Obamacare Sends Mary Landrieu Packing
The American Conservative’s Rod Dreher explains that the Democrats knew that Landrieu’s goose was cooked. Democrats thus refused to shovel any cash, which could be better used in 2016, into this year’s sinking Landrieu reelection effort. The single cause for Landrieu’s embarrassing beating? The policies of Barack Obama. Obama has really put Democrats on the […]
Tom Cotton, End Negotiations with Iran
Tom Cotton, incoming Republican Senator from Arkansas, is calling for Congress to end negotiations with Iran. Noting this, Daniel Larison, in the American Conservative, writes that Paul Pillar (National Interest) has shown that the U.S. and its allies have gotten “by far the better side of the deal in the Joint Plan of Action.” As […]
Peak Oil in America?
Yes! 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. Yesterday I asked Dave about my concern that shale production […]
The True Source of ISIS Strength
The Cato Institute’s Chris Preble, vice president for defense and foreign policy studies, writes, “One hopes that experience has taught Dempsey (JCS chair Gen Martin Dempsey), even if others have failed to grasp it, that the U.S. military is ill –suited to fix Iraq and Syria’s broken politics, the true source of the Islamic State’s […]
RIP Bobby Keys
The legendary Rolling Stones saxophonist passed away Tuesday at 70 years old.
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