Weekly Updates

The Blame Game: How Washington is Failing in the Face of Inflation

There’s an old adage known as Hanlon’s Razor which says: “Never attribute to malice that which can be adequately explained by stupidity.” That would explain a lot where our government goes. No matter what choices are open to it, you can almost always count on them to make the wrong ones.  But stupidity only goes …

The Blame Game: How Washington is Failing in the Face of Inflation Read More »

Cool Under Pressure: Florida Man Saves Day (A Lesson for the Fed)

When it comes to headlines containing the phrase “Florida Man,” they’re usually about said man being arrested for swinging an alligator around by its tail while sporting a blood alcohol level that would kill most people. Or something along those lines. But this week something different happened… “I’ve got a serious situation here,” the Cessna …

Cool Under Pressure: Florida Man Saves Day (A Lesson for the Fed) Read More »

Believing Their Own Spin: How the Fed’s Wage-Price Myth Will Tank the US Economy

Just yesterday Federal Reserve Chairman Jerome Powell sealed the deal on a 50-basis point rate hike at the committee’s May meeting. His comments sent stocks on a 45-degree slide lower for the rest of the day but did little real damage to the markets. They’ve been soft-peddling this rate hike (and the ones that are …

Believing Their Own Spin: How the Fed’s Wage-Price Myth Will Tank the US Economy Read More »

Biden’s “Burn the Ships” Attitude on Green Energy Promises Energy Inflation for Years

In 1519 as Spanish Conquistador Hernán Cortéz prepared to launch an invasion into Aztec territory, he turned to his men and ordered them to burn their ships. (So the story goes.)  Whether or not he burned them or sank them or just scuttled them on rocks near the shore, isn’t important. What was important was …

Biden’s “Burn the Ships” Attitude on Green Energy Promises Energy Inflation for Years Read More »

Doubling Down on Stupid: Economic Warnings Already Coming to Pass

And now they’re coming for your kids! In a bold demonstration of their willingness to play the reeeeally long game, the Biden administration has reached out to TikTok “influencers” — teenagers who command the attention of millions of other teenagers by doing goofy, teenage stuff — to inform their followers that the price of gas, …

Doubling Down on Stupid: Economic Warnings Already Coming to Pass Read More »

Biden’s War on Oil: The Truth Behind the Great “9,000 Permit” Lie

As the old political saying goes… “Never let a crisis go to waste.” I’m beginning to think the corollary to that adage is, “Whenever possible, start a new one.” This week, President Biden, in further retaliation for their aggression in Ukraine, suspended all Russian oil imports. Naturally oil prices spiked on the news.  In truth, …

Biden’s War on Oil: The Truth Behind the Great “9,000 Permit” Lie Read More »