ObamaCar Replacement Batteries Cost $34,000 According to GM Dealers
If Ralph Nader contended that the Corvair was “unsafe at any speed,” then I contend that the ObamaCar demand has reached it’s apex and is “unwanted at any price.” That might be because no one can actually tell buyers what it might cost to replace the batteries in the car.
Daniel J. Mitchell:
Mirror, Mirror, on the Wall, Which Nations Maintain the Rule of Law Best of All?
If you look at measures of what makes a nation competitive and prosperous, you’ll find some obvious variables such as fiscal policy, regulatory burden, and monetary policy. But in addition to those policy levers, you’ll find that it’s equally important that a nation does a good job of protecting and maintaining the rule of law.
Ransom Notes Radio:
Apple’s CEO Puts Cronyism Over Profit
Justin Danhof, Director of the Free Enterprise Project (and one of Tim Cook’s least favorite investors) joined the program to discuss his recent dust-up with the Apple CEO… Apparently, Cook thinks that return on investment isn’t nearly as important as pursuing “green energy” dollars from DC.
Everything You Should Know About Friday's Payroll Numbers
Nonfarm Payrolls rose by 175,000 vs. a Bloomberg consensus expectation of 150,000. Beneath the surface, things look worse again. The household survey shows a gain of employment of only 42,000 while unemployment rose by 223,000.
John C. Goodman:
A Personal Note on Inequality
Today I'm going to get personal. The reason? To see if readers have had similar experiences. There were about 450 students in my high school graduating class.
Putin Lectures Obama on Foreign Policy Concerns
Putin has been minimizing the Ukraine crisis as a difference of opinion, and has indirectly asked why the US is so upset. He's even come close to lecturing the US president on the issues about which he really should be concerned.
Oliver Stone Does Venezuela
Famous foe of imperialism Oliver Stone just premiered his documentary “Mi Amigo Hugo”(“My Friend Hugo”) in the Cuban colony of Venezuela. As the title suggests, the film honors Hugo Chavez, Cuba’s late Venezuelan viceroy.
The Fed, The Market, The Crash, and Wasted Time
Main Street is at a crossroads, which means the nation is at a crossroads. After being bruised and battered, even those that have seen home values rebound and incomes that are staying ahead of the rate of inflation, there is serious doubt and hesitation.
Listening to ‘Uncle' Warren Buffett Pays off Handsomely
Earlier this week, we were hit with yet another winter storm here outside of the Washington, D.C., area, and, true to form, many things came to a girding halt.
Which Stock Markets Have Soared By Double-Digit Percentages in 2014?
With the S&P 500 trading at just about the same level as it started in 2014, it has been hardly a gangbuster year for the U.S. stock market. And it also is a far cry from the #4 position that the U.S. stock market occupied among global stock markets in 2013.
Obama Can't Spell... But He Can Sure Spend Your Money
The President is so smart he does not have to bother with spelling. In addition, he does not worry about basic accounting or understand that the government cannot spend money which it does not have.
Stocks Spike Back to the Front
A huge down month for stocks in January was followed by a big rebound in February, and now it's March, and the first two trading days of the month were reminiscent of the first two months.
Weather or Not?
While it's easy to conclude that the Polar Vortex has been responsible for an excess of school shutdowns and ice related traffic snarls, it's much harder to conclude that the it's responsible for the economic vortex that appears to have swallowed the American economy over the past three months.
The Incredible Shrinking Stock Market
The Wilshire 5000 Stock Index is supposed to be the ultimate measure of the U.S. stock market, but in reality there are now only 3,666 stocks in the index. Back in 1998, it contained 7,562 stocks. The main culprit has to be excessive and unnecessary government regulation, like Sarbanes-Oxley and Dodd-Frank.
Eat Your Own Words, Debbie Wasserman Schultz
At the end of 2013, Democratic Rep. Debbie Wasserman Schultz had some nasty words for yours truly.