Commentary The old cultural imperialism was supposedly greedy corporatism like Disneyland, McDonald’s, and Starbucks sprouting up worldwide to supplant local competitors. But these businesses spread because they appealed to free-will consumer demand abroad. They were not imposed top down. The U.S. presence in Afghanistan collapsed in August 2021 amid the greatest American military humiliation in…
Is the Fed Done Messing Up Everything?
May 4, 2023
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AnalysisBusiness & MarketsBusiness ColumnistsFederal Reserveinflationinterest ratesOpinionrecessionU.S. economy
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Commentary There is a scene in a Fred Astaire and Ginger Rogers film in which the boss of a law firm leaves for vacation and puts his intellectually limited Cousin Egbert in charge. The note adds “don’t do anything.” This is exactly the note that the Fed needs now. Just stop doing things. Its record-breaking…
ANALYSIS: NIH Leadership Was Deeply Anxious About Wuhan Lab Funding, New Emails Reveal
News Analysis New National Institutes of Health (NIH) emails released under the Freedom of Information Act (FOIA) reveal the stark contrast between the public and private views of top NIH officials on the origin of the COVID-19 pandemic. The new batch of FOIA emails, which was obtained by independent journalist James Tobias, shows a pattern…
What Does Money Say About Recession?
Commentary Both the Federal Reserve and the European Central Bank should have just raised their policy rates while the recession is coming near to the brink. According to a model prediction from a ten-year less three-month tenor Treasury yield gap, the implied U.S. recession probability by yearend already stands at 65 percent, reaching the second…
Commercial Real Estate Could Trigger the Next Big Bank Shock
May 4, 2023
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american banksBusiness & MarketsBusiness Columnistscommercial real estateeconomic policieseconomyFederal ReserveInvestmentOpinionreal estateUSUS Real EstateViewpoints
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Commentary Charlie Munger, believed by some to be the real “brains” behind Berkshire-Hathaway, the multinational investment leviathon helmed by Warren Buffet, recently told The Financial Times, “We have a lot of troubled office buildings, a lot of troubled shopping centres, a lot of troubled other properties. There’s a lot of agony out there” in real…
To Save Culture, Artists Must Value Craft Once Again
Commentary Many lament the collective decline of critical thought among young people, not just here in Australia but throughout the Western world. It seems to me that there are a variety of contributing factors to this very real crisis, not least of all social media, an agent which has significantly impaired the concentration of so…
What’s Behind the Nashville Child Murders and the National Transgender Epidemic?
Commentary It isn’t just because I live five minutes from the Covenant School in Nashville, Tennessee, that I wake up nights fixated on the crazed transgender epidemic, but it doesn’t help. The image of a young woman dressed for all the world like a Hamas terrorist while gunning down three innocent young children and their…
An Orange County Streetcar Named Disaster
May 3, 2023
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CaliforniaOpinionOrange CountyOrange County CommunityRegional & State NewsSouthern CaliforniaState NewsstreetcarUSViewpoints
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Commentary Why are so many still fascinated with implementing 19th century rail technology in the 21st century’s public transportation strategies? Using a streetcar for transit? Who is kidding who? Why is Orange County trying to build a streetcar in Santa Ana, California? My recollection from serving on the Orange County Transportation Authority (OCTA) Board, while…
Unreasonable, Illegal, and Unconstitutional: Challenging the Emergencies Act in Federal Court
Commentary Inside a spectacular courtroom at the Supreme Court of Canada building in early April, Justice Richard Mosley of the Federal Court heard arguments from national civil liberties organizations about why the Government of Canada’s invocation of the Emergencies Act last year was illegal and unconstitutional. The Federal Court is the last guardrail of accountability…
Military Leader or Business Manager?, Part 1: Good Leaders or Place Holders
May 3, 2023
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ArchivedBattlefields ProjectDave Chamberlainleader vs. managermilitary managersOpinionthe epoch timesThe Havok JournalVeterans
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Commentary I’m a little bit of a history nut. Well okay, a lot of a history nut, especially military history. I also have a keen interest in observing people and how they behave. Military leadership has been a subset of those two items that have caused considerable deliberation and consternation on my part. Add to…
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