Edge of the Financial Cliff
Stockman on Martenson is your lecture this week….
Stockman on Martenson is your lecture this week….
Abolish the agency, ASAP: The latest installment of frightfully unacceptable government behavior involves a law created in 2000—the Civil Asset Forfeiture Reform Act of 2000—granting the IRS the power to seize the bank accounts of those suspected to be terrorists, drug dealers or engaged in other criminal activity, even when no charges have been filed…
DetailsThere is a theory, and I don’t know where it originated, that capitalism and wealth generation is unsustainable for the mere fact that it takes hard work to create wealth and only brief laxity to destroy it if capital-saving mechanisms are not in place. Think of the spoiled child of rich parents, who never learns…
DetailsThings floating around in these present times… “>”Food insecurity” isn’t an ongoing concern in the United States, as leftist hand-wringers claim. The methodology (not to mention special interested) that drove the study were flawed. A not-so-funny joke in our government: The Army, given $4.3 billion to track spending, can’t track spending. Psychopaths have bad sniffers.…
DetailsWe call this Regime Uncertainty: I maintain that no matter how much cash you have on your balance sheet, or how compliant your banker might be, or how cheap the cost of money, you will not commit substantial capital to expanding your payroll or investing significant amounts to expand plant and equipment until you know…
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