Home / Uncategorized

Wealth Recovery? Not Even Close.

A new report by the Federal Reserve Bank of St. Louis reveals that the wealth recovery since the bottom of the recession has been 45%. It also reveals that most of this recovery has been in the stock market. It does not mention the fact that about 20% of stock market investors own 80% of [...]

Continue reading →

Pizza on Mars. “Tea. Earl Gray.” The Food Replicator Is Here.

Twenty years ago, I wrote an article: “Growing Toyotas. Manufacturing Soybeans.” I was half right. There is a 3-D printer that can manufacture chocolate. The future is clear: people will have food replicators, just like on the Enterprise. “Tea. Earl Gray.” There will always be foodies who grow food in their backyard, the way my [...]

Continue reading →

IRS Demands: “Turn Over Those Names!”

In 2012, the IRS demanded that the Conservative Leadership Institute turn over the names of its student interns. It also demanded the names of interns in 2008. No other years were audited. Both were election years. The IRS demanded the following: Copies of applications for internships and summer programs; to include: lists of those selected [...]

Continue reading →

A Classic Book on the Totalitarian State

Is civil government the only true government? Does it alone possess legitimate sovereignty? Defenders of the modern state insist that this is the case, and that it should be the case. Robert Nisbet, as a sociologist, looked to social organizations as the source of political tradition. He explained the rise of the modern state in [...]

Continue reading →

Billionaire Buys a Hideous Picasso Painting for $155 Million

Picasso had enormous talent at age 15. He drew magnificently. Then he visited an art museum that was displaying African art. This experience changed him. He painted hideous trash for the rest of his life. You know it’s trash. Maybe you are afraid to admit this in public. That is because art experts says it’s [...]

Continue reading →

Junk Bonds Soar in Price as Investors Seek Higher Rates

Junk bonds are high-risk bonds. They are rated CCC — barely above default status. They pay higher interest rates because there is risk of default. You may not get your money back. Bonds are always at risk, because interest rates can rise. When long-term rates rise, the market value of the bonds falls. In times [...]

Continue reading →

Socialism in Latin America: Dead and Dying

Hugo [OOgowe] has gone. Fidel has retired. Raul says he will retire in a few years. He keeps quiet in the meantime, for which Cubans are happy. He does not give five-hour speeches the way his brother did. Chavez’s hand-picked replacement is a former bus driver. Who speaks for socialism today? North Korea’s Kim may [...]

Continue reading →
Page 1 of 41234»