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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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…
Will Ron DeSantis Actually Run for President in 2024?
Commentary It’s likely that Florida Gov. Ron DeSantis will announce a 2024 presidential campaign. Les jeux sont fait, the bets are placed, as the French say at Monte Carlo and elsewhere—not to mention the ability the rest of us have to place them on the ever-escalating number of political betting sites. DeSantis is forming or…
Digital Fentanyl: The CCP’s Cyber Campaign to Destroy America
Commentary The Chinese Communist Party (CCP) has always played the long game. It’s pivotal to their strength. They have a disciplined ability to think generationally rather than focus on the current political climate of the now. The CCP has zero respect for the rule of law, nor do they abide by any code of ethics….
The Perfect Democratic President?
Commentary Daniel Henninger, writing in the Wall Street Journal on April 26, properly describes Joe Biden as “the perfect Democratic president.” According to Henninger, Biden’s “non-compos” condition should give the “left wing of his party free rein” during his second presidential term, which is exactly what his party wants. A cognitively impaired, not particularly principled…
Speaker McCarthy’s Amazing Week
May 3, 2023
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artificial intelligencedebt ceilingIsraelKevin McCarthyOpinionSouth KoreaU.S. House of RepresentativesViewpointsYoon Seok-yeol
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Commentary When it took Kevin McCarthy 15 votes to become Speaker of the House, the Washington establishment concluded that he was pleasant but would be unable to get much done. The fate of the last two Republican speakers, John Boehner and Paul Ryan, seemed to hang over his head. They had not been able to…
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