By: Tyler Curtis One of the more interesting reactions to the Green New Deal (GND) came courtesy of Ross Douthat. Writing for the New York Times, Douthat offered “one cheer for the Green New Deal,” two cheers shy of a full endorsement. Given that the GND has been roundly and justifiably mocked for its impossibly extreme goals, why would the […]
Archives for March 2019
Beto O’Rourke wants a wealth tax, refuses to provide specifics
Another Democrat wants a wealth tax. This time, former Representative Beto O’Rourke (D-TX), the guy who lost a big senate race and decided to run for president after repeatedly saying he wouldn’t, has proposed a wealth tax to ensure the country doesn’t have any “kings and queens”: “Fundamental to this experiment to America and our […]
MSM still begging for Russian collusion after #MuellerReport finds nothing
CNN: “Mueller report is just the start of a new Russia showdown” CNN: “Even if there is not legal liability for Trump or his family, the report could still inflict significant political damage” MSNBC: “Nation on edge for next steps as Mueller probe runs its course” MSNBC: “Trump circle not out of the woods on […]
Random Friday: Trump attacks Fed, timing the market, Ted Koppel lambasts press
News Story of the Day: President Donald Trump is attacking the Federal Reserve again. Speaking in an interview with the Fox Business Network, he complained that gross domestic product would have topped four percent if the United States central bank hit the pause button on interest rates a lot sooner. “If we didn’t have somebody […]
QE4 here we come? Peter Schiff may be right about Fed policy after dovish meeting
On Wednesday, the Federal Reserve completed its two-day Federal Open Market Committee (FOMC) policy meeting. The Eccles Building made several major announcements: – The benchmark fed funds rate would be left unchanged in the 2.25 percent to 2.50 percent range. – It plans to raise interest rates just once in 2019 and not at all […]