All over the world now you can enjoy the privilege of buying government debt that pays you a negative yield. In effect, you are paying a small premium to the issuing government for the privilege of carrying their debt. This…
All over the world now you can enjoy the privilege of buying government debt that pays you a negative yield. In effect, you are paying a small premium to the issuing government for the privilege of carrying their debt. This…
In the prevailing campaign narrative, we are supposed to believe that Wisconsin Governor Scott Walker is uniquely electable because of his success in a solidly blue state. Instead of demonstrating a Republican path to the White House, the Walker campaign…
A post on this blog back in January described the troubling history of Confederate Heroes Day in Texas. Now, you have a chance to do something about it. One of the commenters to that post proposed the most obvious and…
Originally, ‘States Rights’ was a dry Constitutional premise explaining the shape of our federal system. After long misuse as a political subterfuge it has been redefined as a byword for racial discrimination. ‘Patriot’ was once among the highest complements we…
Starting in August of last year, Texas Governor Rick Perry began to hone a new message. In an effort to manufacture foreign policy credibility, Perry tried to repackage the policy challenges of a border state governor into a poor-man’s version…
You really have to wonder what Marco Rubio could accomplish if his political party allowed him to publicly acknowledge reality. Once again, as he did in the immigration debate, Rubio is nudging the party toward an obvious solution on poverty…
Remember when Rand Paul was a “libertarian?” Sure, it was always a stretch, but he tried to carry that banner for a while. Paul’s great mission was to somehow meld traditional libertarianism with religious fundamentalism, building a new Neo-Confederate appeal.…
In response to Indiana’s new law protecting religious bigotry, Salesforce.com has been the first company to announce that it will be curtailing its Indiana operations. More are coming. Here’s what their CEO stated: “Today we are canceling all programs that…
People have learned to assume that a Republican candidate is winking when he speaks on certain subjects. No, Jeb Bush is not actually going to repeal the minimum wage. He is not going to roll back equal rights for gay…
Oil prices began their collapse almost a year ago, yet the impact to the industry and speculators has been light. There have been no major hedge fund failures. Large energy companies have taken advantage of the opportunity to conduct some…