"Oct 15 - International investor Jim Rogers says he's shorting Treasuries in anticipation of the Fed-fueled bond bubble bursting. He's also thinking about buying the ruble as a way to play the Russian markets." Continue reading →
I think about 120 seconds is all it is likely to take to understand what’s going on with the unemployment rate. Let’s say 30 seconds seconds per image and any accompanying text: Let’s start with something that confirms skepticism expressed about the unemployment number reported on October 5, 2012, which was 7.8%, and provides necessary… more
Note: This article was written before the October 3, 2012 Presidential debate in Denver, but my belief that it will remain unasked in the next two debates persists, and the subject, still relevant. This is only one of the questions (I’m fudging…it’s two) I, as a voter would like to have answered in either tonight’s… more
So Lincoln, Nebraska has a growing tent Shanty Town, occupied by a band of intentionally helpless Lincolnites. Ironically, Shanty Town Lincoln is located squarely on one of the best spots in the City to serve as a symbol of that city government’s, and therefore, elected officials’ and bureaucrats’ mismanagement of taxpayer dollars for a very… more
“THE YEAR WAS 2081, and everybody was finally equal. They weren’t only equal before God and the law. They were equal every which way. Nobody was smarter than anybody else. Nobody was better looking than anybody else. Nobody was stronger or quicker than anybody else. All this equality was due to the 211th, 212th, [...]
Think again “The numbers, they are awful.” 9.2% — unemployment rate for June. 0.1% — increase since May. 16.2% — underemployment rate for June. 0.4% — increase since May. 8% — conventional wisdom for the maximum allowable unemployment rate to win reelection. 15 — remaining BLS reporting months before Election Day. 255,000 — net jobs [...]
The whole concept of the European Union was a move to consolidate those countries into a single government structure with a common currency. To borrow some British slang, that sounds like a simply smashing idea, doesn’t it? If one believes in the notion of limited government and the only way to keep government limited is [...]
As the holiday weekend continues, if you’re looking for some substantive diversion from the usual pursuits, I have the following documentary to recommend. It seems a very appropriate moment to recommend it as we are nearing the end of one year and ready to begin a new one. Hosted by John Stossel and aired on [...]
On August 27th, the Platte Institute for Economic Research (Platte) sent out an email newsletter with a feature article entitled "The Economic Benefits of SNAP" in Nebraska. In 1996, Democrats and Republicans recognized welfare programs do nothing more than create cycles of dependency. The result was across the board welfare reform. Programs like SNAP are on the march to reversing those reforms.
Beginning January 2011 when the Bush tax cuts expire; On or about Jan. 1, 2011, federal, state and local tax rates are scheduled to rise quite sharply. President George W. Bush’s tax cuts expire on that date, meaning that the highest federal personal income tax rate will go 39.6% from 35%, the highest federal dividend [...]