When communists and Nazis are battling in the streets, don’t allow yourself to be pulled on to one side or the other. Totalitarian ideas are bad no matter what form they take. Dan Mitchell of the Cato Institute explains why here: …I much prefer the coercion found in western democracies compared to the totalitarian versions of […]
My Expert Advice: Your Insider’s Guide on Paris
Here are some great books that will help you on your way. Au Revoir to All That: Food, Wine and the End of France by Michael Steinberger Sixty Million Frenchmen Can’t Be Wrong: Why We Love France but Not the French by Jean-Benoît Nadeau Suite Francaise by Irene Neminrovsky and Sandra Smith Stuff Parisians Like: Discovering the Quoi in […]
America Faces the Same Problems in Afghanistan as in Korea, Vietnam and Iraq
The drawn out war in Afghanistan seems to be headed toward two decades of misguided intervention. With President Trump’s re-engagement in the remote, mountainous country, America is repeating the same mistake it made in Korea, Vietnam and Iraq. As in those conflicts, America’s battlefield enemies in Afghanistan find safe haven in neighboring countries, namely Pakistan. […]
Wealthy Connecticut Can’t Tax its Way to Stability
For years Connecticut’s cities have been relying on a morphine drip of state aid to get their books balanced. But now the state itself can’t afford to hand out all that aid and the drip is coming to an end. The state’s capital city Hartford, as I have written, is on the verge of bankruptcy. […]
USAF Seeks New ICBM in Troubling Nuclear Times
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 […]
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