Commentary In the last few days, the federal government has embarked on a disastrous path as regards banking and finance. Their actions guarantee a worsening of the problem whether in the near term or down the line. These “emergency” actions have effectively created a moral hazard that could wreck the entire sector and the whole…
Tyranny Thy Name Is Emergency
Customer Outrage as Seafolly Goes Woke
Commentary I didn’t expect to wake up and find myself as the face of the Daily Mail’s Seafolly scandal. Twice. But it has taught me an interesting lesson about the progression of the Woke-outrage narrative, which turns the aggressors into victims during the click-bait cycle. I was a long-time customer of Seafolly, an Australian women’s…
Why Set up the PBO If the Government Won’t Use It?
Commentary Victoria’s Parliamentary Budget Office’s (PBO) latest report (pdf) has revealed that the Labor government, who set it up, did not even use it to cost its 2022 election promises. The report notes that “There appears to be a disconnect between the Treasurer’s 2016 speech recommending the bill to parliament, in which he outlined his…
SVB Crash Will Slam California State and Local Budgets
Commentary We’re still early in the Silicon Valley Bank crisis. But one thing it will hurt is California’s state and local budgets. And not just in the short term, but the long term. Banking crises come and go. But what’s different this time is what was advanced by Shark Tank judge Kevin O’Leary and in…
The ‘National Divorce’ Is a Losing Strategy for the Right
Commentary You can’t win a war when the people who are supposed to lead your military don’t believe winning is possible. Our culture war is filled with right-wing pessimists who find victory in surrendering because, to them, losing is inevitable. Conservatives look for leadership from big-name voices in right-wing media and elected officials, yet they’re…
Student Debt Forgiveness Won’t Cure Higher Ed’s Disease
Commentary On Feb. 28, the Supreme Court heard arguments on President Biden’s plan to extinguish an estimated $400 billion in student debt. Biden deserves credit for highlighting a debilitating federal program in desperate need of reform. His proposal, however, would make the problem far worse, not better. Any serious reform would force academic institutions to…
In Pennsylvania, the Ice Beneath Donald Trump Is Cracking
Commentary PITTSBURGH—In 2016, then-Reps. Lou Barletta (R-Pa.) and Tom Marino (R-Pa.) became the first sitting members of Congress to endorse then-candidate Donald Trump for president. Their colleagues in Washington gave them the side-eye. Barletta told me at the time that when that didn’t work, their colleagues tried to talk them out of it. It didn’t…
Death Taxes Are Immoral—Even Worse, They Don’t Work
Commentary “I have no respect for the passion of equality,” Oliver Wendell Holmes Jr., one of America’s great jurists, once declared, “which seems to me merely idealizing envy.” But envy, and its sister vice, greed, are very much back in fashion today when it comes to the progressive Left. Just listen to President Joe Biden,…
The Fed Can’t Give Up the Inflation Fight Yet
Commentary Many people in Washington hoped for much better inflation numbers in February. Below zero would have released tears of joy following this rough weekend of bank failures and the first signs of financial instability in these three years of nonstop terrible. Alas, that did not happen. The report came in at a 0.4 percent…
How to Make Free Citizens Into Compliant Serfs
Commentary Free citizens have minds of their own and want to pursue their lives as they see fit. This is inconvenient for the elites, who wish to be in charge of everyone’s lives so that they can show their superiority and gain benefit for themselves and their friends. So the elites do everything they can…
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