Most Western countries are experiencing a revolt against the intellectual and political elites who have governed nations, the media, academia and central banks for as long as most adults can remember. While the country-specific details vary slightly, the common wisdom...
We are only about two weeks from this unfortunate election, and millions have already voted. I want to give you my current thoughts, with the caveat of retaining the right to modify my views right up to the day when I pull a lever. Let me also confirm that we are all...
This year's extraordinary election is less than two months away. Like most Americans, I am not pleased with the choices we have before us. With all of the negative generalities coming from both sides, I decided to try to put on paper specifically what concerns me. I...
By definition, we are not supposed to be able to predict Black Swan events before they occur, but I hear a lot of flapping, and it’s getting louder. If you’re interested in the future of our economy, please read Mervyn King’s new book The End of Alchemy. Lord King was...
Is there no adult left in the Presidential race who can speak the truth even when it is unpopular? The Populist Left and Right have come together in their bashing of foreign trade—proposing tariffs and torn-up agreements to win “fairness” for the American worker and,...
In my previous post I described how business cycle booms and busts are the norm, not the exception. Also, surprises, accidents and disappointments will happen regularly. We should all prepare for these national and individual Black Swans, and those of us who are...
It has now been almost seven years since the world went through its last financial meltdown, or Black Swan, and from sixty-eight years of personal observation, it’s about time for another one, because they always eventually happen, no matter what the elites and the...
If you were in a line of fast moving cars running in and out of fog and suddenly the fog parted and you could see that the bridge ahead had just collapsed, and that cars were falling into the deep canyon, would you continue to speed forward because you enjoy how your...
This short post is a thanks to KMPH-CA for its video report about "ObamaCare Having A Destructive Effect On ERs". https://www.youtube.com/watch?v=B3mU7eRPYSE Where was this kind of common sense reporting when the "Health Law-That-Can-Be-Anything" was first concocted?...
Continuing from my previous post: Why don't progressives/statists/elitists see these enormous problems and costs which damage most of us and say, “You know, we’ve tried this for fifty years and it hasn’t worked. Let’s at least consider something else.”? The Answer A...
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