Commentary With the approval of President Joe Biden’s infrastructure bill, it now turns out the U.S. government is even in control of a “kill switch” that could disable your car if you are deemed “impaired.” Likely few voters realized the 2020 election was essentially a referendum on whether or not the feds allow you to…
Silicon Valley Has the Power to Destroy the Republican Party
Commentary If you were worried during the aftermath of 9/11 about innocent citizens being spied on, having their reputations trampled via false accusations, and restrictions on freedom of political speech, the news these days might lead you to a nervous breakdown–especially since the Big Brother coming after you with weaponized communications technology might be private…
Could China Go the Way of 1980s Japan?—Part 4
Commentary As I write this, the Bank of England has just raised its benchmark short-term rate for the second time in the recent past. The European Central Bank stood pat at its Feb. 3 meeting; but beset by inflation at a multi-decade high, it is inevitable that the ECB will get dragged into the nascent…
Could China Go the Way of 1980s Japan?—Part 3
February 11, 2022
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Commentary Some have marveled in the recent past at the often mindless, herd mentality of people I will here only loosely describe as “investors.” People with seemingly more money than common sense have chased everything from fundamentally bankrupt meme stocks to every new cryptocurrency offering, typically based on no more than not wanting to be…
Report From Canada: The Regime Is Lying About the Truckers
Commentary Canadian truck drivers are continuing their protest against the government’s COVID/vaccine mandates. The protest was triggered by the federal government’s November mandate that truck drivers must be fully vaccinated by Jan. 15 or they would be subject to mandatory testing and quarantine requirements when entering Canada. It is worth noting that on Jan. 12, various government…
Investing During a COVID-Driven Economy
Commentary Timing really is everything. In 2019 an upstart in the consumer discretionary sector was getting ready to go public. In May of that year, it was named to CNBC’s “Disruptor 50” list—a list whose mission is to “identify fast-growing, innovative start-ups on the path to becoming the next generation of great public companies.” Apparently,…
Olympics Row: Visa vs. China’s e-CNY
Commentary At the Beijing Winter Olympics, China is rolling out its digital currency, the e-CNY, for the first time to foreigners. Nobody should want to attend the Games given the genocide. But if you were forced to go, then you would have the option of prepaying a credit card with digital Chinese yuan loaded for…
The One Chart the Smart Money Is Watching Like a Hawk
Commentary With the stock market having escaped January in one piece, all eyes in the market will now be turning to the month of March. When the snow starts to melt, thoughts of spring occupy people’s minds, and the FOMC meets for their second meeting of the year. This will be the big one. The…
The Economic Data Is Contradictory
Commentary A few months ago, all economic indicators seemed to line up well. They painted a positive picture. Despite Omicron and supply chain problems, it was clear that the economy was rebounding strongly from pandemic-induced strictures. Consumers were buying, and businesses were ordering new equipment and systems. Families were purchasing new homes and builders were…
The White House Now Says It Never Really Wanted Lockdowns
Commentary Last Friday, a reporter asked White House press secretary Jen Psaki to respond to the Johns Hopkins COVID study showing lockdowns provided no real benefit in terms of disease prevention. In response, Psaki dodged addressing the study directly, but then pivoted to claiming that the Biden administration had never pushed lockdowns. “We are not pushing…
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