The U.S. Air Force has awarded Boeing $349 million and Northrop Grumman $328 million in development contracts for America’s next intercontinental ballistic missile. The new missile will replace the aging Minuteman III ICBMs currently in service. The USAF will choose either Boeing or Northrop in 2020 for the final development phase. The USAF estimated, in […]
Trump and Afghanistan: Not What America Voted For
George W. Bush was elected on a foreign policy line that said America wouldn’t be the world police anymore. Barack Obama was elected in part for his promises to end America’s overseas adventurism. Donald Trump promised an “America First” foreign policy. Now Americans have been fooled three times in a row, at least. With his […]
Segregation, Racism, Oppression–a Long and Deep Association
If you are looking to cleanse America from symbols of oppression, look no further than the Democratic Party. “The association of the Democratic Party with segregation, racism, and oppression is long and deep,” Francis Menton reminds readers in his Manhattan Contrarian. With our country now engaged in, well, not a civil war, per se, but […]
Greetings from Paris
Cheeseburgers in Newport, RI and the Fiduciary Rule
A couple of years ago, after reading one of his investment articles, I reached out to Norb Vonnegut. We met in Newport and talked investments at my all-time favorite burger joint, Mission. Yesterday Norb hit the nail on the head about why Spotify is eschewing Wall Street for it’s IPO. It will basically be a […]
Is Civil Unrest Forecast for Russia?
There is a close relationship between Vladimir Putin, president of Russia and Ramzan Kadyrov, leader of the country’s somewhat autonomous Chechnya region. Ekaterina Sokirianskaia, formerly of the International Crisis Group, writes in the New York Times that civil unrest could be coming to Russia, and that the bond between Putin and Kadyrov could become crucial to […]
Facial Recognition is About to Be Everywhere: Are You Ready?
Advanced new facial recognition software and hardware is making use of the technologies available in all sorts of new ways. Facial recognition is popping up everywhere. If you’ve been travelling overseas lately you may have come home to facial scans at Customs and Border Patrol. And if you’re using any social media services, undoubtedly you’ve […]
Is America in a Second Civil War?
So asks Pat Buchanan at The American Conservative. Is America heading toward a second civil war? What’s changed about Robert E. Lee since 1965 that has triggered such anger and angst against all thing Lee and Confederate? Pat writes: First in his class at West Point, hero of the Mexican War, Lee was the man […]
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Senator John McCain Is Wrong; Cato Institute’s Chris Preble Is Right
Originally posted January 16, 2014. Senator McCain wants to push the U.S. deeper into the never-ending Iraqi civil quagmire. Neocon war whoops led by Bill Kristol will likely follow. There is no historical evidence that an American boots-on-the-ground strategy like those in Korea, Vietnam, Iraq or Afghanistan has made America safer. Quite to the contrary. […]
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