In 1987, Michael Milken committed an unpardonable sin; he was reported to have made over half a billion dollars in income as the lead high-yield bond trader for Drexel Burnham Lambert (DBL). This is a fantastic amount today, of course, but in 1987 it was beyond comprehension. How could any one man do that? Clearly […]
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Mr. Trump’s Just Pardon
19 Feb 2020
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No One Likes a Frontrunner – BDC Vol. 10
17 Feb 2020
The Bullington Diatribe Chronicles will run occasionally for the amusement of some, the facepalming of many others, and the inconvenience of all. The following is satire….obviously. Bernie Sanders or his corpse – we’re not really sure which is campaigning at this point – has had a heck of a time over the past few weeks. […]
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I hope and pray we have heard the death knell of the pre-eminence of the Iowa Caucus, but, for now, it still happened and may be exercising an influence on the New Hampshire Primary, which takes place today. Bernie Sanders and Pete Buttigieg tied, at least statistically, in Iowa. Politically, Buttigieg probably won, while Joe […]
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What a week!
07 Feb 2020
I suspect many of you are just like me in that life is busy, and your interest in politics has waned–especially as there seems to be no one to root for, only someone to root against. So the temptation is to either be numbed by the continuing dysfunction and just settle in for the ride, […]
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Oxford students learn a lesson
05 Feb 2020
After watching university after university cave to the politically correct demands of students here in the U.S., I was heartened to see a little sanity prevail across the pond. As reported in the WSJ earlier this week, activist students occupied the quad of the university’s bursar at St Johns College (the largest endowed college at […]
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“Inconsistencies” in Iowa – BDC Vol. 9
04 Feb 2020
The Bullington Diatribe Chronicles will run occasionally for the amusement of some, the facepalming of many others, and the inconvenience of all. The following is satire….obviously. Democrats are scrambling today to resolve a disastrous fallout from the Iowa caucuses last night, as opposed to the ongoing disaster that has been the entire DNC primary. Initial […]
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**Over several posts, I hope to look at 1) what the Constitution says about impeachment, 2) presidential impeachments in history, and 3) how President Trump’s actions should be judged in light of the Constitution, history, and other standards frequently brought to bear.** The third presidential impeachment trial unfolds before us. Our Senators will soon cast […]
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“I have a plan” is the mantra of the maven of Massachusetts, Elizabeth Warren. But thanks to the folks at Cornerstone Macro (HT WSJ) we can see her plan for taxes, as well as the other near competitors.* None of these competitors has provided these numbers in this summary form, but each have proposed or […]
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**Over several posts, I hope to look at 1) what the Constitution says about impeachment, 2) presidential impeachments in history, and 3) how President Trump’s actions should be judged in light of the Constitution, history, and other standards frequently brought to bear.** Impeachment is often described as the nuclear weapon of the legislative arsenal. Though […]
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President Trump’s impeachment and trial, like everything else with his administration, defies dispassionate analysis. The partisan trenches are deep and the tenets of objectivity bring few rewards. Social media encourages extreme opinions, and more traditional media outlets narrowcast to their ideological adherents. Academia is also a mixed bag of reliability. I can hardly claim to […]