For decades, liberal politicians have ridden a politics of envy into power. These rabble-rousers hold the classic Marxist notion of a class struggle of the rich oppressing the poor. One particular area of concern is the idea that the rich contribute too little to the tax burden and must be made to … Read more
Preparing for the dreaded “pride” month, many corporate firms promoted pro-LGBTQ products and events targeting all ages and even toddlers. Consumers reacted with unexpected rage and vigor that impacted corporate bottom lines. Most executives knew there were risks involved in these decisions and paid the consequences. For example, the Bud Light debacle … Read more
The latest meltdown in the crypto-currency market is one more example of the frenetic intemperance of an economy that values profits over wealth. The FTX crypto-currency exchange failed when spooked investors tried to withdraw $8 billion from their accounts. A classic bank run that followed threw the underfunded exchange into bankruptcy. The … Read more
The latest liberal plan to save the nation is the Administration’s American Families Plan. It is heralded as a lifesaver for struggling families. Finally, Americans can supposedly enjoy the long-overdue benefits similar to those enjoyed by citizens benefiting from Europe’s extensive social safety net. The Plan’s wish list is impressive. There is … Read more
Imagine getting up one morning and finding helicopters hovering over the neighborhood. They are showering down cash on the community. All one has to do is go and pick up an allotted amount. Such a prospect might seem too good to be true. However, in these chaotic times, it might become the … Read more
A trillion dollars used to be a lot of money. In the past, most people never even thought in these terms since it seemed so far from reality. A trillion was like a gazillion. Few knew how many zeros were involved. However, times have changed. Our economy has expanded, and the value … Read more
As Facebook faces growing criticism for bias and privacy issues, it is moving ahead with a massive new project. The giant tech firm is putting together a consortium to launch a cryptocurrency. Everything about the project should trigger red flags. The possibility of abuse is everywhere. However, Facebook is treating it like … Read more
We live in what might be called a prodigal son delusion. People suffer from the temptation to live prodigal lifestyles in which they engage in the frenetic intemperance of demanding everything instantly and effortlessly. Such a state promises happiness to those who follow the program to the end. However, it does not … Read more
With the dramatic rise of bitcoin, many are talking about this crypto-currency as the new money of the future. Such a simplification is understandable, since the matter of money is complex. Not all that glitters is gold. Likewise, what appears to be money often is not. Bitcoin does nothing to clarify the … Read more
Perhaps it is best to start by saying there is no ideal presidential candidate now running in the race in either party. None of them has all the qualities that are presently needed, although some candidates may have a few of them. No candidate is proportional to the crisis that is coming. … Read more