The American Conservative’s Daniel Larison exposes the futile anti-Trump efforts of losers Mitt Romney and Bill Kristol. We can just imagine how bitter and angry the recriminations against the spoiler candidate will be if die-hard anti-Trump people manage to find someone gullible enough to take the job. Those recriminations will only get worse if the […]
Rise in Violent Crime in U.S. Cities—”Holy Cow”
Violent crime, after falling for two decades, has risen in some U.S. cities since the beginning of 2015. According to BBC, the blame of the rise may be from the “Ferguson Effect,” in which protests to perceived police brutality sometimes turned violent. The murder rate in NYC has gone up by 20% from 2014 to […]
Cato’s Chris Preble on “War Dog” Clinton
My friend Chris Preble, Cato Institute vice president for defense and foreign policy studies, explains to Americans what sort of foreign policy a Clinton administration might bring to the table. Clinton’s enthusiasm for military intervention was not shaken by the foreign policy debacles of the recent past. When consulting military officers for advice, she gravitated […]
Dividends are Back!
Dividends are back. “The humble dividend is reclaiming its rightful place as the arbiter of stock-market value. In three of the four biggest developed markets, shares offer a higher yield than the longest-dated government bond, and in the fourth—the U.S.—the dividend yield beats even a 20-year bond,” writes James Mackintosh at The WSJ. But offering […]
The People Seem to Agree with Trump
Pat Buchanan lays out the Ryan/Trump debate and makes it clear that the people come down on the Trump side. As for the issues dividing Trump and Speaker Paul Ryan, Trump appears to have won the argument, if the debate is decided by voter preferences rather than Beltway preferences. Trump’s denunciation of NAFTA and other […]
How Republicans Lost the Base
Donald J. Trump’s victory is not as much an endorsement of Mr. Trump as it is a rebuke to professional Republicans in D.C., writes Peggy Noonan in the WSJ. … almost every conservative and Republican in Washington—in politics, think tanks and journalism—backed a candidate other than Mr. Trump. Every one of those candidates lost, and […]
“We Are in the First Innings of a Washout in Hedge Funds”
“There is no doubt that we are in the first innings of a washout in hedge funds,” said Dan Loeb of Third Point LLC in a quarterly letter dated April 26. $15 billion has been withdrawn from hedge funds in the first quarter and a lot more is headed that way. Why? The 2 and […]
Warm Greetings From Beautiful Vienna
Warm greetings from beautiful Vienna in neutral, non-NATO, Austria.
Federal Judge: The President is Illegally Funding Obamacare
Before Speaker John Boehner was unceremoniously shown the door, he sued the Obama administration for funding Obamacare despite the House never authorizing the spending. Artice I, Section 9, clause 7 of the U.S. constitution reads: No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and […]
U.S. Military Seeking New Lightweight Futuristic Armored Vehicles
Eight organizations get the greenlight to develop potentially groundbreaking technologies that would make future fighting vehicles more mobile, effective, safe and affordable. Today’s ground-based armored fighting vehicles are better protected than ever, but face a constantly evolving threat: weapons increasingly effective at piercing armor. While adding more armor has provided incremental increases in protection, it […]