Global bond yields are now heading into subzero territory. Investors simply pay just to place their cash in government debt. After German 10-year sovereign bonds dipped to under zero this week (SEE: German 10-year sovereign bond yields reach negative territory for first time in history), Swiss government debt followed suit. The yield on the 30-year […]
Archives for June 2016
Elizabeth Warren’s War on the Poor
By: Patrick Trombly There is no American politician more closely associated with “progressive” economic causes than Massachusetts Senator Elizabeth Warren. The senator is widely regarded by the political Left as an expert on financial issues, is a self-professed champion of the “working poor,” and is a proud, finger-wagging chastiser of the 1 percent and Wall […]
Tom Woods: Is Johnson/Weld a good ticket for the Libertarian Party?
If you’re a libertarian then the 2016 election cycle must depress you. There aren’t any good choices, not even over at the Libertarian Party. Gary Johnson is a libertarian-lite, William Weld is definitely no libertarian and the party seems to have abandoned the core principles of libertarianism. Tom Woods looks at the Johnson/Weld ticket and […]
5 random things for a Friday (no rate hike for two years?, Ron Paul on election, political attack ads)
News Story of the Day: will there be only one interest rate hike until 2009? That’s what St. Louis Federal Reserve President James Bullard is advocating this week after Fed Chair Janet Yellen and the Federal Open Market Committee (FOMC) left rates unchanged. With the United States economy trapped inside sluggish growth, interest rates need […]
Report: White House failed to report $61.2 billion in federal regulations
It’s no secret that the Obama administration loves regulations (SEE: Report: Obama administration installs ‘new regulation every two hours and 24 minutes’), even if they cost the United States economy about $2 trillion in 2015. But a new report found that the White House didn’t even report new regulations that are worth billions of dollars. […]