How free enterprise creates prosperity for everyone.
Source: I, Pencil | Mises Institute
Plotting to grow the federal government.
Source: Target Liberty: BUSTED Soros, Pelosi Featured at Secret ‘Resistance’ Conference in California
The swamp is wide and deep.
“The Democrats and the national media are calling for Roy Moore to withdraw from a Senate race based on unsubstantiated allegations of sexual harassment; meanwhile sitting Senator Bob Menendez was accused by the government of “corroborated” allegations that could be addressed in a possible ethics probe…”
Source: The Menendez case: A double standard vs. Roy Moore?
Free enterprise creates. Cronyism wants scarce resources.
Source: Market and Entrepreneur vs. State and Bureaucrat – LRC Blog
Stunning ignorance at the Federal Reserve.
Source: EconomicPolicyJournal.com: New St. Louis Fed Hit Job on Gold
“In the face of blatant dangers and even existential threats, the denizens of the Acela Corridor whistle past the graveyard with alacrity. So doing, they turn a blind eye on virtually all that contradicts the awesome recovery narrative, the indispensable nation conceit and the Washington can Make America Great Again (MAGA) delusion, among countless other fantasies.”
Source: Stockman Slams “The Awesome Recovery” Narrative
“Stock markets don’t matter. The truth is in bond markets. And that’s where I’m looking for the dam to break. The great crash of 2018 is going to start in the deeper, darker depths of the Credit Market.”
Source: Bill Blain: “Stock Markets Don’t Matter; The Great Crash Of 2018 Will Start In The Bond Market”
Activity in the art/collectible markets yesterday caught my attention. A once-lost portrait of Christ by the iconic Renaissance man Leonardo da Vinci sold…”
Source: Art market send important signal to stocks yesterday? » Kimble Charting Solutions
The obvious solution: abolish the federal income tax…and all the angst over deductions goes away. But the politicians cannot let go of the welfare-warfare state.
“Meanwhile, state Senate President Stephen Sweeney said the GOP’s federal tax overhaul could affect Gov.-elect Phil Murphy’s plans for a millionaire’s tax in New Jersey.”
Source: Democrats and Republicans warn Trump tax plan will ‘destroy’ N.J.
“Attorney General Jeff Sessions is doing his best to become the worst cabinet appointee in presidential history; if the Donald had gone with Chris Christie, most of this chaos could have been averted…”
Source: Chris Christie can say ‘I told you so’ about Sessions
The effects of the Federal Reserve’s quantitative easing. The regional disparities.
“Following yesterday’s hotter than expected PPI, Core Consumer Prices printed above expectations (+1.8% YoY vs +1.7% YoY exp) – the fastest rise since April 2017.”
Source: Core Consumer Prices Come In Hot – Rise At Fastest Rate In 6 Months