The debt buildup continues to melt up, with another $483B in “stimulus” heading somewhere, after the previous $2T. And there will be more–count on it. And that doesn’t include the Fed’s monetary “whatever it takes” policy of buying bonds and other assets, to include state and local government debt. Fed assets are up over $2.5T […]

Americans of all stripes and sides assert their rights. Religious Americans are no different. In some ways, this is glorious. We should be jealous of our rights. After all, we believe they are OUR rights. The Declaration claims government exists to secure those rights–not “grant” them or “recognize” them, but to secure them. Advocating for […]

You never let a serious crisis go to waste. And what I mean by that it’s an opportunity to do things you think you could not do before. Rahm Emanuel Progressives boldly suggested that the 2008 financial crisis should not go to waste. As Rahm Emanuel argued, it was possible to use it as a […]

I have the ultimate authority. President Donald Trump, April 13, 2020 Mt. Trump was built with a shovel. It started with “rapists and thieves,” which was quickly followed by “I like people who weren’t captured.” The dirt pile became a hill and grew into an overwhelming peak. “I got a beautiful letter.” “Mexico is gonna […]

**This is a follow-up on a previous post about Covid-19 and innumeracy** So, what’s a model? I was not much into model cars or planes as a kid, but I made a few. I had a phase that included extra glue, rubber cement, paints, and brushes. Done well, models are shiny and attractive. Expensive model […]

To avoid panic, understand numbers. As we hunker down for the foreseeable future, many Americans are using their newly found free time to scour the world for news of Covid-19. As a story, the pandemic has many prongs, but most of them, at least outside the immediacy and tragedy of struggling patients and medical workers, […]

Even as the health care crisis continues, and the Federal Reserve and the Congress and Administration are throwing everything they can to stop the bleeding, I want to stop and reflect on the bigger picture. On Monday, Al Mohler had a discussion on the difference between natural and moral evil, classifying the Coronavirus as a […]

The Trump Administration continues to flounder in deciding what is needed to keep the economy going in the midst of the ongoing pandemic. Do we give everybody a check? How about a payroll tax cut? The difficulty arises from the very nature of this crisis and the abject misunderstanding of economics that macroeconomic theorizing has […]

S&P futures are limit (5%) down this morning, meaning no trade can occur pre-market opening that is not above the 5% down, and one ETF that tracks the S&P 500 is down 9%, indicating the bear market is still alive and well. This despite the Federal Reserve bringing out the big guns on Sunday by […]

This has been a remarkable fortnight. Between February 29 and March 10, Democratic elites and voters shifted from a large, fluid field toward a frontrunner who appears destined to win the nomination. Joe Biden has emerged as the consensus candidate as he surged ahead in national polling, high profile endorsements, and the delegate count. Bernie […]