Troubles at the department of Veteran Affairs have been known for a long, long time. For example, over a dozen years ago, Don Imus, an ex Marine and host of the nationally syndicated Imus in the Morning, was on a tear about the deplorable treatment American vets were receiving. In Saturday’s WSJ, Senator John McCain […]
Misery Index
Steve H. Hanke, a Senior Fellow and Director of the Troubled Currencies Project at the Cato Institute, breaks-down the misery index. Read more here for the misery index on a global scale. The Great Recession grinds on. And as it does, politicians of all stripes ask, usually behind closed doors, “Just how miserable are our citizens?” The […]
Off to Wyoming for More Skiing and Less of This
One of my clients splits his time between Florida and Wyoming. He skis and collects cars. He never complains about state taxes. The successful residents of NY, NJ, and CT may want to follow his lead. Gallup shows us why: Residents of New York, New Jersey, and Connecticut are the most likely of any state’s […]
The Health of Cities
Take a look at the work here on the fiscal health of U.S. cities. Click on the image below to see the entire WSJ interactive display.
A 4th of July Message from One of Our Country’s Better Presidents, Calvin Coolidge
From President Calvin Coolidge’s “Address at the Celebration of the 150th Anniversary of the Declaration of Independence” in Philadelphia, July 5, 1926: It was not because it was proposed to establish a new nation, but because it was proposed to establish a nation on new principles, that July 4, 1776, has come to be regarded […]
Somali Refugees Swamp Tennessee Town
The immigration issue is much bigger than the politicians want you to recognize. If you saw the movie Black Hawk Down, you will remember the crowd profiled here with more than a little concern. Erick Stakelbeck of CBN News tells readers about the culture clash as Somali Muslim refugees have come to town in Shelbyville, Tennessee. […]
Navy SEAL takes on the Embodiment of the U.S. Debt Fiasco
The fight for John Kerry’s vacated senate seat is heating up in Massachusetts where you have a Navy SEAL up against the embodiment of what’s wrong with government.
Gabriel Gomez for Senate
On June 25, voters in Massachusetts will be given a choice. They can vote for Rep. Ed Markey, one of the most liberal congressmen in the House of Representatives according to National Journal, or for Gabriel Gomez, a political outsider who has served his country as a Navy SEAL, graduated from Harvard Business School, and […]
The Single Greatest Risk to the Global Economy
While global equity markets continue to cheer every positive headline out of Europe, the Italian government bond market implodes. Even with the European Central Bank intervening in the market, the spread between Italian and German government bonds hit a new high yesterday.
Forecasting Recession
In October, the Conference Board’s Consumer Confidence expectations index plunged deep into recessionary territory. The index has only been lower twice in its more than four decade history. Both episodes were associated with deep recessions. Why are consumers forecasting recession?