China Brokers a Surprising Mid-East Deal
Estimated Reading Time: 6 minutes We think a story of major importance has been buried by the news of bank runs in the US. While not disputing the importance of the bank run stories (we’ve written on this ourselves), the implications of China brokering a deal between Saudi Arabia and Iran are very important. The […]
6 Charts Show Crucial Facts About Spending, Taxes, Deficits Missing From Biden’s Budget
Estimated Reading Time: 3 minutes The Biden administration on Thursday released an outline for its fiscal year 2024 budget. As expected, it promotes the same swampy, big-government agenda as last year, which the country desperately needs to avoid. Beneath the administration’s spin, the ultimate message is that it thinks the federal government doesn’t have enough […]
The Ultimate Cancel Culture and Equality
Estimated Reading Time: 5 minutes A review of Mao’s Great Famine: The History of China’s Most Devastating Catastrophe, 1958-1962, by Frank Dikotter (Bloomberg Publishing, Hardback Edition, 2010; Paperback Edition, 2017, 420 pages). It is seen as gauche, hateful, and unenlightened on college campuses and like-minded places to quote Winston Churchill because he was an imperialist […]
Beware of Governments Bearing Gifts
Estimated Reading Time: 4 minutes The title is a “turn of phrase” from when the Greeks provided the Trojans with the gift of a giant wooden horse. Similarly, whenever a government — in this case Biden’s government – appears to give private industry money for a directed purpose, there is a laundry list of caveats. […]
Rate Hikes & QT to Fight Inflation while Offering Liquidity to Banks to Keep them from Toppling
Estimated Reading Time: 2 minutes An enormously important new regime gets engraved into central-bank handbooks. The ECB and Bank of England are also on board. It makes sense in this era of high inflation, QT, rising policy interest rates, and high financial fragility in the banking system, after years of money printing and interest […]
Is The Banking System Safe?
Estimated Reading Time: 7 minutes Over the past few weeks, we have had the second and third-largest bank failures in our history. As this crisis unfolds, we are repeatedly told by officials that it is localized to these particular banks, that the banking system is sound, and there is not a systemic risk to those […]
Tucson Is Heading Down the Path of Other Failing Leftist Cities with Its Climate Action Plan
Estimated Reading Time: 3 minutes In the midst of the COVID-19 pandemic in 2020, multiple government officials seized the opportunity to grab more power. Perhaps chief among them were the Tucson city council and Mayor Regina Romero, who exploited the moment by declaring a “climate emergency.” Now, the city of Tucson has finalized its plan […]
Is ‘Wokeism’ to Blame for Silicon Valley Bank’s Demise? No and Yes
Estimated Reading Time: 5 minutes Within days of Silicon Valley Bank’s swift and shocking collapse, a narrative formed that “wokeism” lay at the heart of the California bank’s sudden demise. It began with a Fox News appearance by Home Depot co-founder Bernie Marcus. “I feel bad for all of these people that lost all their […]
Democrat Barney Frank Was Board Member at Collapsed Signature Bank
Estimated Reading Time: 2 minutes Democrat former Rep. Barney Frank (D-MA) was a member of the board at the collapsed Signature Bank. As Slay News reported, New York-based Signature was shut down by regulators on Sunday [March 12] in the wake of the Silicon Valley Bank (SVB) collapse on Friday [March 10]. Now it has […]
America Is Really Quite Safe — Except for Some Democratic Areas
Estimated Reading Time: 4 minutes “America doesn’t have a crime problem,” wrote commentator Daniel Greenfield recently; “it has a Democrat problem.” At issue is a finding that a mere one percent of United States counties — Democratic areas — account for a whopping 42 percent of our murders. So it’s no wonder people issue quips […]