Bernie Sanders Says He Won’t Raise Your Taxes Above Eisenhower’s 90% Rate; Don’t Expect A JFK Either

sclsm6One important fact emerged from the second Democratic presidential debate. CBS, which sponsored it, headlined it as Democratic debate shows differences on foreign policy, Wall Street. This hypes the differences, while this snoozefest actually was more notable for the similarities between the candidates.

Washington Post political Bigfeet […]

Ted Cruz Rockets Up With Gold And A Flat Tax

tdcrzdbtTed Cruz rocked in the presidential race during the CNBC debate. His biggest breakthrough, even more important than his crowd-pleasing holding the media to account, was his credible prescription to get job creation, and equitable prosperity, roaring the way they roared in the Reagan days.

Cruz thereby […]

Ted Cruz Hits a Grand Slam: The Dollar Should Be “Ideally Tied to Gold”

tdcrz5Financial reporter Rick Santelli — who triggered the Tea Party movement — put a profound question to Sens. Ted Cruz and Rand Paul in the CNBC presidential economic debate. Santelli’s key question was about the impact of the Fed on job creation and economic growth.

His question and […]

Donald Trump’s $10 Trillion Debt Bomb

ntnldbtDonald Trump is no supply-sider, as is evidenced by his pro-tariff and restrictionist immigration stands. Supply-side, from its inception, is all about job growth and equitable prosperity. Both would be hurt by such autarkical prescriptions. Trump doesn’t get it.

His tax plan, while superficially supply-side in […]

Donald Trump And Bernie Sanders Both Suffer From Preposterous Grandiosity

Donald Trump’s new tax plan has been scored by the Tax Foundation as increasing the national debt by $12T over ten years. This doesn’t seem compatible with the ferocious anti-debt Tea Party ethos nor that of responsible conservative governance. Bernie Sanders’s proposed orgy of all-you-can-eat government […]

If Paul Ryan Doesn’t Run Pick a Texan, Hensarling Or Brady, To Ride Us Out of This Box Canyon

txgpHouse Majority Leader Kevin McCarthy stepped down from contention for the contentious position of Speaker on Thursday. This caused something approaching mass hysteria in Washington.

Chairman Paul Ryan then took himself out of contention. (Full disclosure, my elder son interned for Congressman Ryan more than a decade […]

John Boehner Exits Congress’s ‘Fall From Hell’

House Speaker John Boehner, under constant sniping from his far right flank, finally hit the ejection button. This leaves the House in search of a new Speaker, presumptively but not assuredly Majority Leader Kevin McCarthy, as Congress enters what Politico predicted would be the “fall from hell.” […]

The Democrats’ Next Debate Controversy, Over Larry Lessig, Could Be A Doozy

lwrnclsg4prsdntThe Republicans have finished up their first two rounds of presidential debate.

Next up, the Democrats’ first presidential debate on October 13th. The fireworks have started.

The Democrats’ debate process is proving controversial. Democratic National Committee Chair Debbie Wasserman Schulz recently, according to and given national […]

Brutal Imperialism: The Deeper Political Meaning Of 9/11

islmcemrUpon the anniversary of the infamous 9/11 it is instructive to put that and current events into an overarching context. 9/11 was an act of terrorism and a very effective one. That said, it was more than that. By understanding the “more” we are better equipped to […]

How Donald Trump’s Campaign Spending Shows He’s Not A Serious Contender

dnldtrmpmnyDonald Trump, in the first debate, made a telling comment. “Well I’m a natural negotiator and I like leverage, to be honest with you.”

The Donald Trump candidacy has been from before inception a highly leveraged operation. Trump shrewdly has leveraged his celebrity, his novelty, and […]

Hey Elizabeth Warren, Crony Socialism, Not Crony Capitalism, Is The Problem

elzbthwrn2A Progressive axiom, made central by Sen. Warren, is that “Many feel that the game is rigged against them, and they are right. The game is rigged against them.” This theme is echoed by Sen. Sanders and, slightly paraphrased, by Secretary Clinton.

Their alleged perp? “Crony […]

If The Fed Is Always Wrong How Can Its Policies Ever Be Right?

fdrsrvOne of the most curiously persistent surrealisms of Washington, DC is the reflexive deference given the Federal Reserve System. The Washington elite tends to accord more infallibility to the Fed than do Catholics the Pope.

Now comes one of the world’s top monetary reporters, Ylan Q. Mui, […]

Politics Noir: Donald Trump, Chinatown, Breaking Bad, House Of Cards

dnldtrmp1“Forget it, Jake. It’s Chinatown.”

Donald Trump continues to dominate and fascinate. Why?

Politics, like comic books, thrillers, detective stories, science fiction, professional wrestling, movies and TV is a pulp medium. We Credentialed Members Of The Media Elite wish to sanctify it (and, thereby, ourselves). But come on. […]

As Bernie Sanders Dismantles Hillary Clinton Let The GOP Discover Human Capitalism

brnsndrsWhile the Mass Media has been obsessing on the Donald Trump phenomenon, Bernie Sanders has been packing stadiums. Sanders’s Madison speech pulled in nearly twice as many as Mrs. Clinton’s official campaign kickoff event (which The Atlantic dubbed “uninspiring”). Mrs. Clinton’s relaunches and presentations continue to draw tepid […]

On To Immense Prosperity: The Brady-Cornyn Monetary Commission Proposes To Lead The Fed Out Of Uncharted Territory

fdrlrsrv2We pixel-stained wretches of the Mass Media lately have been busy as ever transfixing you with spectacles. Meanwhile, something really important — softly outside the melodrama — has occurred. Trillions of dollars — including your dollars — in the real economy and in the stock and bond […]

Reagan Economist Larry Kudlow Reveals The Republicans’ Secret Agenda

rchThe Revelation: “All we want,” said Kudlow, “is for everybody to get richer.”

Therein hangs a tale. And therein, perhaps, hangs the outcome of a presidential race.

The Republican Party (much to the astonishment of practically everyone) is composed exclusively of … people. It thus is subject […]

At Long Last Jeb Bush And Rand Paul Throw The 2016 Presidential Race Into Overdrive

jbbsh-rndplLast month the GOP suddenly awoke.

As Michael Tomasky wrote in the March 19 issue of the New York Review of Books:

As matters are shaping up so far, the sense of many people I speak to is that the election appears destined to be about the […]

Could The Fast Track For The Trans-Pacific Partnership Be A Bad Thing?

TPPWriting about TPP, “Fast Track,” and all the associated skirmishing is made somewhat difficult by the secrecy of the legislative text. That said, supply-side thought leader John Tamny declares “The TPP is a no-brainer.” (If Tamny means free trade is a no-brainer he surely is right.) So […]

The Shoes Of Jeb Bush, Hillary Clinton, Rand Paul And Others Reveal The Truth

hlryclntnpntstsForget the speeches, the debates, the Dark Money, the white papers, the talking points, the high gloss commercials. The secret to the character — and agenda — of the presidential candidates is hidden in plain sight. Don’t “follow the money.” Follow the shoes.

No less of a […]

If The Republicans Won’t Win The Argument There’s No Way They’ll Win The War

clmtdnrs“Climate Denier.”

One of the environmental advocates who coined this term recently revealed to Jean Chemnick, a reporter for E&E, one of the Left’s most potent weapons in dominating the policy discourse (even while, often although not always, losing political battles). Call it the “framing war.”

Chemnick […]

Confessing My Secret Love Affair With John Maynard Keynes

Universal ManLet me now publicly reveal my long love affair with John Maynard Keynes. On June 5th, stationed on a barrier island in the Gulf of Mexico, I raised my annual toast to the memory of this great man on the anniversary of his birth.

This year […]

The Left’s Plan: Undoing The ‘Reagan-Gingrich-Bush Legacy’

rgnbdThe upcoming 2016 presidential election is a very big deal. As the Daily Beast’s Michael Tomasky sums it up — in all its passionate intensity — in Hillary and Liberals: Here’s the Deal.

We haven’t had a liberal Supreme Court majority in this country in 35 years. […]

What The ‘Bourbon Shortage’ And The Kentucky Derby Can Teach Us About The Fed

amrcnphrhThere is an urban legend that there is a looming Bourbon Supply Crisis. (Heaven Forfend!) Meanwhile, American Pharoah, as expected, won the Kentucky Derby. Both circumstances contain a homey lesson about the Federal Reserve System’s conduct of monetary policy.

Let’s start with bourbon. According to a recent article […]

The UK Left’s Political Martyrdom: Welcome to the Church of State

brnsndrsprsdntProgressives are a Faithful lot. They live, and die, by a Creed. Welcome to the Church of State.

We saw the religiosity at work again recently in the United Kingdom. We saw Martyrdom.

When the voters toss out a Left-wing political party (two, actually) for having moved […]

Meet The Political David To Hillary Clinton’s Goliath

Lincoln Chafee, a former Republican senator from Rhode Island, announces his support for Obama on Thrusday morning in East Grand Rapids at the Obama headquarters. Paul L. Newby, II I The Grand Rapids Press

Lincoln Chafee, a former Republican senator from Rhode Island, announces his support for Obama […]

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