That blue-wave so many on the left expect to come crashing down on Republicans in November may never reach shore. On a recent trip home to attend a wedding in Ohio, The American Conservative’s Peter Van Buren writes: That slack-jawed yokel look on my face is because I just came back from a wedding and […]
This Harvard Professor Thinks a Recession Might Be Coming
Harvard economics professor, Martin Feldstein, who presciently said the U.S. may be in recession back in March of 2008, is again warning that a recession may be looming. He writes at The Wall Street Journal: The principal risk now is that a stock-market slowdown could shrink consumer spending enough to push the economy into recession. […]
F-35 Fleet Grounded after Crash
It was a mistake cancelling the twin engine F-22 program. The funds had been sunk so to speak. And then it was cancelled in the ninth inning. Talk to any pilot and he’ll tell you two engines are better than one. Now, the inferior single-engine F-35 is grounded because of another problem with its balky […]
Your Retirement Life: A Dire Warning Part II
In Part I, I wrote to: You may want to pay attention to what public pensions are buying and, more often than not, do the exact opposite. Case in point, a few years ago this group loaded up on “alt-investments” and hedge funds. Don’t look now, but hedge funds, which charge an exorbitant 2-and-20 (2% […]
Report Cards Are In: Grading Your Governor
You want to read Cato’s 14th biennial Fiscal Report Card on America’s Governors, produced by Chris Edwards—director of tax policy studies and editor of www.downsizingGovernment.org. There’s no hiding from the teacher in the school of fiscal responsibility. The report grades 43 governors, excluding governors of Alabama, Iowa, Kansas, Missouri, New Jersey, and Virginia because of […]
50,000 Factories Lost: A Scar on Rural America
UPDATE: After President Trump negotiated a new trade deal with Canada and Mexico, auto manufacturers are looking at bringing jobs back to North America. The Wall Street Journal’s Chester Dawson and William Boston report on the new deal: “The tentative deal, which replaces Nafta, requires auto makers to build at least 75% of a car’s […]
Stocks Crater 831 Points
On a day where the Dow shed 831 points and tech heavy Nasdaq lost over four percent, many bonds made money. It’s a simple, yet important, reminder of how counterbalancing works.
Columbus Day Weekend 2018
Here you see Second Beach in Middletown, RI (next to Newport, RI) on our morning walk.
Your Retirement Life: A Dire Warning
You may want to pay attention to what public pensions are buying and, more often than not, do the exact opposite. Case in point, a few years ago this group loaded up on “alt-investments” and hedge funds. Don’t look now, but hedge funds, which charge an exorbitant 2-and-20 (2% per year on your assets under […]
Hurricane Prep: How Confident Are You in Your Generator?
The Gulf coast is being threatened by Hurricane Michael, which is currently a Category 4 storm. During Hurricane Florence I told you to Prepare for the Hurricane, and showed you FEMA’s guide to getting yourself ready for a major storm. Today I’m bringing you more information, this time from generator builder, Kohler Power Systems. In […]