A few weeks before the election, I speculated that a potential election threat to the Democrats was a significant correction to the stock market.  The main reason for the speculation was the impending cessation of QE3, the Fed’s monetary stimulus program.  Pretty much all market observers believe the Fed’s stimulus has at least contributed to […]

President Obama’s Executive Order (which essentially places about five million illegal immigrants beyond the reach of federal law enforcement) is now, it seems, a matter of history. The media have, for a while, fixated on how the decision might influence current political dynamics, as opposed to examining the propriety of the act itself. Now that […]

President Obama has announced, via Facebook and other outlets, that he is going to issue an executive order that will, if sources are correct, shield at least five million illegal immigrants from law enforcement. The President, and others, are floating several justifications for the action. In his own video, Obama claims he is going to […]

Not like the brazen giant of Greek fame, With conquering limbs astride from land to land; Here at our sea-washed, sunset gates shall stand A mighty woman with a torch, whose flame Is the imprisoned lightning, and her name Mother of Exiles. From her beacon-hand Glows world-wide welcome; her mild eyes command The air-bridged harbor […]

It looks like the media are again raising the specter of inequality.  The New York Times, whom no one would confuse with a conservative newspaper, in a November 15, 2014 article, now seems to be lamenting the fact that some “super rich” people are purchasing bigger private jets, “leaving behind” the mere wealthy.  I didn’t […]

President Obama appears to be weighing the possibility of unilateral executive action to redefine the legal status of between 5 and 10 million illegal immigrants. His party’s defeat at the polls just two weeks ago appears not to have chastened the President, but has, perhaps, precipitated a constitutional crisis. Obama’s defenders are invoking previous Presidents […]

During the month of October the Bereans at the Gate “Roadshow” played at several churches in the greater Miami Valley area. This Sunday, November 23, several Berean regulars: Marc Clauson, Jeff Haymond, and Bert Wheeler will be making presentations at the Southern Economic Association meeting in Atlanta. In preparation for this momentous occasion we will be making slightly […]

Earlier this fall the Institute for Faith, Work, and Economics (IFWE) responded to an article I had written in September’s edition of Christianity Today. The article opened by describing the recent IFWE video, “I, Smartphone”—a 21st Century take on Leonard Read’s influential “I, Pencil” written over a half-century ago. I used the video as a […]

There was a great short article in Forbes Magazine November 10 by George Leef.  It also brought back memories from my law school days when I wrote about a very similar topic.  Leef’s article was about the Raisin Administrative Committee—yes you read it correctly a Federal agency named the Raisin Administrative Committee.  If only it […]

Something was missing from the recent Republican campaign efforts.  Though they did retake the Senate and several governor’s mansions, most were strangely silent on what might have been some winning issues.  These included Obamacare, school reform and reforming bureaucracy and regulation.  Obamacare did receive some attention, which is good, and all the new senators vowed […]