No Index

Today, we’re going to peel off some of the misleading labels we find on political and economic trends…and try to understand what is really going on. Many readers think we are too ‘negative’ or that we may be afflicted with Trump Derangement Syndrome, blinded to the good the man might do. Maybe. Our bartender tells […]

‘Democracy… “nothing better than an Utopian theory, a splendid chimera, descriptive of a state of society that never did, and never could exist; a republic not of men, but of angels.”’ Alexander Fraser Tyler In the 1970s a young man walked into our office at the National Taxpayers Union in Washington. Grover Norquist was his name. Fresh out […]

Another day. Another dope trying to make sure the DOGE is neutered. Fox News: ‘Sen. James Lankford (R-Okla.) said federal employees will help with Department of Government Efficiency (DOGE) efforts by sharing their ideas for changes within the government. “We are reaching out to federal employees. They see it firsthand. Many of these employees are […]

Professors of finance are a dime a dozen. Their theories are generally shallow and wrong…or kooky and silly. We weren’t sure which category Professor Richard J. Murphy of Sheffield, England, belonged in. We doubt that his core thesis on the coming crash is correct…but it is provocative. At first glance, Murphy appears to be even […]

Already, the press…the intellectuals…the greasy ‘policy makers’ are finding reasons to dull the DOGE. Writing in the Wall Street Journal, Francis Fukuyama gives bad advice to the Musk/Ramaswamy duo: ‘The solution to our problems does not lie in the wholesale undermining of government but in appropriate regulation.’ As we have seen, Reagan was right: the […]

Why is the risk of a major bear market greater than most people think? Why will Musk and Ramaswamy fail to halt US deficits? And when will the US be ready for a genuine change of direction? First, Fortune tells us that the captains of industry are looking for good times ahead: ‘Fortune 500 CEOs […]