Economy & Politics


  • Economy & Politics
  • Investing
  • Personal Finance
  • Congress Continues To Cede Its Powers To The Dictatorship

    President Barack Obama appointed an Ebola czar and aside from some GOP caterwauling over the fact that Ron Klain is simply a political hack with no “medical” experience, nothing else was said. Never mind that, according to the Constitution Article II,... Read More >>

    The Islamic Evil That Is ISIS Was Spawned In Saudi Arabia

    “Saudi Arabia is the most extreme fundamentalist state in the world. It’s also a missionary state. It’s expending huge efforts — has been for many years — to disseminate its extremist Wahhabi-Salafi version of Islam, all with U.S. backing.” —... Read More >>

    Another Failed Drug War: 10 Years And $7 Billion Couldn’t Kill Afghan Opium

    The United States’ failed war on drugs is a global affair, and a new report of this week illustrates how the nation’s efforts to quell the cultivation of opium poppies in Afghanistan is equal parts expensive and ineffective. According to the report... Read More >>

    Rand Paul: Maybe A Doctor Could Fix Obamacare

    Senator Rand Paul weighed in on the Ebola crisis this week at a gathering of the American Academy of Ophthalmology in Chicago. The lawmaker called for a quarantine of countries where the disease is prevalent. “If quarantine works within a country, maybe... Read More >>

    Obama Throws Embattled Democrats Under The Bus

    President Obama is increasingly the target of critics who maintain his decisions are motivated by optics instead of principle. But it’s not always clear whether Obama harbors a desire to influence the public’s perception of the Democratic Party in general... Read More >>

    ISIS Claims It Hit U.S. Embassy In Baghdad’s Green Zone

    "They know Baghdad. They've lived in Baghdad," said Lt.Col Oliver North, warning over the weekend that sources in Iraq believed ISIS was planning a "major attack" against the embassy in Baghdad. Yesterday we get some confirmation - via ISIS - that they did in... Read More >>

    Real Hourly Wages Drop In September, Fail To Rise In 6 Of Past 7 Months

    One of the greatest misconceptions plaguing modern economics is that just because there is broad inflation (real, not hedonic, seasonally-adjusted or a burst in Saudi Arabia dumping crude to pressure a Russian default), then nominal, and real, wages also have... Read More >>

    CPI Prints Smallest Possible Increase In September Even As Beef Prices Surge 17% In 2014

    After last month's shocking 0.2% drop in CPI, driven almost entirely by plunging gasoline prices, September CPI once again posted a modest rebound, rising 1.7% from a year ago, or 0.1% month over month, just above the 0.0% expectation, with core prices... Read More >>

    Why It Better Not Snow This Winter, In One Chart

    It will be the plotline of scary stories parents tell their children for decades to come: in Q1 2014, the US economy was supposed to grow 3%... and then it snowed. This led to a 2% collapse in the world's largest economy. Yes, inconceivably heavy snowfall... Read More >>

    How To Start A War, And Lose An Empire

    A year and a half I wrote an essay on how the US chooses to view Russia, titled The Image of the Enemy. I was living in Russia at the time, and, after observing the American anti-Russian rhetoric and the Russian reaction to it, I made some observations that... Read More >>

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