We’re in the middle of summer, a time when most people don’t really care about politics. But with three months left until millions of Americans head to the polls to elect either Donald Trump or Hillary Clinton (or even Gary Johns), it would be a prudent time to take a look at the latest polls, […]
Archives for August 2016
Admitting a Weak Economy, the Federal Reserve Keeps Rates Low
By: Ryan McMaken Last week, the Fed’s Federal Open Market Committee announced it would leave the target Federal Funds Rate unchanged. During 2014 and 2015, the Fed repeatedly hinted that it would raise rates “soon” and that it would return the target rate to more normal levels. Throughout most of 2015, the Fed repeatedly put […]
Gary Johnson gets backing from establishment Republicans to beat Donald Trump
Former New Mexico Republican Governor and 2016 Libertarian Party presidential candidate Gary Johnson is getting backing from anti-Donald Trump GOP members. In an effort to defeat the billionaire real estate mogul in November, establishment Republicans will work hard to ensure the Libertarian ticket of Johnson/Bill Weld will appear on the ballot in all 50 states […]
Socialist Venezuela imposes ‘forced labor’ to fight food shortage
It’s 1960s Cuba all over again. It’s 1970s Cambodia all over again. Food shortages. Mandatory labor. Nationwide suffering. Yep, this is what you get in socialist states, which always seem to have deep affection for price controls and central planning. Last week, the government of Venezuela issued a decree that would amount “to forced labor.” […]
Donald Trump gets it right on one thing: stocks are boosted by ‘artificially low’ interest rates
Well, at least 2016 Republican presidential candidate Donald Trump is right about one thing: the stock market is boosted by “artificially low” interest rates. These are sage comments that his opponent, Hillary Clinton, could never really understand. What’s interesting is that he said in May that he likes low interest rates. Ugh. Anyway, speaking in […]