Self-evidently, the news has been overwhelmingly focused on Washington’s current endeavor to unload $200 billion of imperial destruction upon Iran and its neighbors around the Persian Gulf. Well, and also upon all other users of petroleum products, liquefied natural gas (LNG), liquefied petroleum gases (LPGs), nitrogen fertilizer, food, helium, semiconductors, manufactured goods and most everything

There is more history percolating up in the current Iranian madness than just another failed Forever War. It’s going to be the end of the Trumpified GOP, too, and that means that a motley menagerie of Dem statists, spenders, regulators, lifers, wokests, and outright freaks are likely to be swept back into power in the […]

Hopefully, Elon Musk and his DOGE boys have learned a lesson the hard way. To wit, their earnest, dogged, sweeping and compelling demonstration early in 2025 that hundreds of billions can be cut from the Federal budget has already been shit-canned. Almost in its entirety. And by the usual suspects—the GOP appropriators on Capitol Hill—who […]

Here’s one of the greatest certainties facing every household in America, beyond the proverbial prospect of death and taxes: Namely, the monthly electric bill, as it arrives like clockwork either in the mail or by auto pay. And, according to Grok 4, there are approximately 143 million customers getting a metered bill each month. Needless […]

Once in a blue moon even a blind squirrel finds an acorn, or so the saying goes. But, boy, did the low-information loudmouth now resident in the Oval Office find a MOAPA (Mother Of All Policy Acorns) recently: THE ONLY HEALTHCARE I WILL SUPPORT OR APPROVE IS SENDING THE MONEY DIRECTLY BACK TO THE PEOPLE, […]

Today’s number is 41X, representing the change in the public debt since early 1981, when Ronald Reagan’s first fiscal challenge, ironically, was the unavoidable need to raise the ceiling on the public debt. That is, right out of the starting blocks he had been compelled to embrace the very bloated ogre he had campaigned against […]

We recently saw a post by the brilliant and heroic Congressman from Kentucky, Tom Massie, advocating repeal of the income tax entirely. That sounds radical on first blush, but we have always believed that the 16th Amendment was a monumental error. After all, it put Washington in the business of taxing incomes and thereby work, […]

As we predicted recently, the BLS has come out with another huge rug-pull on its nonfarm payroll count. And also, predictably, this has triggered loud blathering from both Wall Street and the White House on behalf of exactly the wrong conclusion. To wit, we don’t need any more Fed rate cuts! And we don’t need […]

Bring it on, Donald! When the President of the United States (POTUS) fires the head of the Bureau of Labor Statistics (BLS) and calls the Fed Chairman a “MORON” all in one day, perhaps the sleepwalkers on the banks of the Potomac might finally wake up. We are referring to the fact that the rogue […]

The Donald seems to be continuing his bombing campaign, albeit this time by pivoting back to the home front and taking aim at “Too Late” Jay. As usual, Trump has his facts all wrong about who has had how many rate cuts and that inflation has miraculously disappeared since January 20th. In fact, if anything, […]

Elon Musk may have already been consigned to the Trump World Wilderness, but that doesn’t gainsay his characterization of the One Big Beautiful Bill Act (OBBBA) as an abomination. That’s because the latter is not merely disappointingly deficient in its level of spending cuts, as rightly pointed out by stalwarts like Rand Paul and Tom […]

Suppose that there is nothing but blue economic skies ahead for the next decade. That is, no recessions and no energy or other international crises—even as the inflation genie slithers back into the bottle at under 2% and real interest rates average barely 1%. Furthermore, there also occurs a smooth digestion of the Trump Tariffs, […]

Following the lead of the Donald, the MAGA folks have it all wrong on trade. Yes, America’s chronic, massive trade deficits are a huge, if not fatal, problem, and are the statistical manifestation of the disastrous off-shoring of the US industrial economy over the last four decades. Indeed, the loss of good paying industrial sector […]