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...
"Will Modern Monetary Theory Work” (April 14th TLR) and “They’re All Keynsians Now” (March 27th TLR) Republicans no longer are believers in balanced budgets. Democrats most often have favored deficit spending. Both are now in agreement that Congressional spend-and-debt orgies are fun! This week, the...
The Big Blue Cities “The Hollowing Out of America” in the July 12th TLR discussed the geographical polarization of America. The “United States” isn’t as “United” as the Founders had hoped. America has become a more polarized country, highly divided between those in the...
Be Careful What You Wish For President Trump wants the US Dollar to be weaker. He has browbeat told asked the Federal Reserve to lower interest rates so that the Dollar will become a less attractive valuable currency. Fed Chairman Jerome Powell has agreed...