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‘Thank you President T:’ Trump thanks himself for lower oil prices, jabs Fed on interest rates as holiday break ends

WEST PALM BEACH, Fla. — President Donald Trump congratulated himself for falling oil prices,chided the Federal Reserve over interest rates and claimed Central American countries are trying to dump “ce... read more

David Collum: Everything That Mattered In 2018

David Collum, thank you ... the Fed keep all these different zombies alive? Big one in my book as I study it closely is the shale space. Shale operators have not made money on a free cash flow basis s... read more

Trump nominates Jerome Powell to be next Fed chairman

WASHINGTON (AP) - President Donald Trump ... Fed's committee of board members and regional bank presidents who set interest rates. But the chairman's position is critical to achieving consensus. The c... read more

The President's beastly bus

President Obama is rolling through the Midwest this week on ... So how pimped is this ride? We don't know. The Secret Service won't reveal details and so far members of the press have yet to sneak a p... read more

Why Are Keynesians of All People Calling for Tax Increases in a Crap Economy?

Whether one thinks that tax rates should higher or lower in the long run ... to the point that under Bush spending rose far faster than revenues did. And you just didn't hear enough folks on the right ... read more

Obama Jumps on McCain House Comment

"If you don't know how many houses you have ... the years Bill Clinton was in office -- mentioning the former president by name -- as strong economic years. Obama is presenting himself as a fighter (r... read more

Bush Impeachment: Open, Live Blogging #2

Don't Articles of Impeachment go through the Judiciary Committee ... NB: By "good intentions" I mean just what the little voice in your head said when you read it. to be set in this way. Sure, Obama W... read more

The Democratic Party’s Deadly Dead-End

Lax campaign finance laws already left the U.S. political system wide open to corruption, or “legalized bribery” as former President Jimmy Carter has ... which called the Zumwalt, “a ship you don’t ne... read more

A lack of money isn't the problem: it's time to shrink

Central banks, principally the Federal Reserve, complied in the process of debt build-up by holding down interest rates and allowing asset prices to rise ... forest because you're too busy watching th... read more

Trump to LaVar Ball: ‘I should have left them in jail’

Ball told ESPN when asked about Trump’s role in the situation. “What was he over there for? Don’t tell me nothing ... from the players. “Do you think the three UCLA Basketball Players will say thank y... read more

Harvey Didn’t Come Out of the Blue. Now is the Time to Talk About Climate Change.

What you ... ends. It’s also a hard truth that the window for having these debates is vanishingly small. We won’t be having any kind of public policy debate after this emergency subsides; the media wi... read more

Unions aren't to blame for Wisconsin's budget

I'll let the state's official fiscal scorekeeper explain (pdf): More than half of the lower ... didn't cause, and a budget reversal that Walker himself helped create, to justify it. And it's not as if ... read more