The Evil of Private Equity “A Delicate Balancing Act” in the May 29th TLR discussed a New York Times editorial entitled “Charity Won’t Solve Student Debt,” which took to task Robert Smith, the founder, chairman and CEO of Vista Equity Partners, who had announced during his...
“Axis of the Sanctioned” (June 21st TLR) The theme of “Axis of the Sanctioned” was that “The enemy of my enemy is my friend.” It warned that that this 4th Century strategy articulation has important applications today. Those applications have been compounding. The U.S. has...
American Exceptionalism What is American Exceptionalism? What is it that makes a country, any country, exceptional? The Merriam-Webster dictionary defines “exceptional” as “rare,” “superior.” The United States is indeed a rare and superior country, rare in its economic and political success, and superior in the...
Laws, Regulations … and Conservative Values Bret Stephens wrote an editorial in the New York Times on July 26th that addressed concerns he has with something he termed “conservative nationalism,” which he defined as nationalism cloaked in the mantle of conservatism. In the editorial, Stephens...
Lying, Cheating and the Corrosion of Democracy From the title, you might suppose that today’s TLR is about America’s elected officials. Although that would have been an excellent guess …, apologies, but today’s topic addresses a broader spectrum of liars and cheats problem. The...
There’s Something Happening Here “The Canary in the Gold Mine” in the June 24th TLR quoted several prominent hedge funds managers who believe we’ve entered a gold bull market. Their break-out level was $1400/ounce, a level breached in the last week of June. In...