Relevant and even prescient commentary on news, politics and the economy.

Deep Structures of the Cultural Marxism Myth

Jeet Heer has posted a timely and excellent essay at New Republic titled “Trump’s Racism and the Cultural Marxism Myth.” In his essay, Heer recounts much of the background to the Higgins memo that I have documented here, here and here. Heer credits William S. Lind as the major popularizer of the myth, as have […]

Donald Trump’s White House

Newspaper Editorial Cartoonists are having a field day with Donald Trump’s comments condoning the Charlottesville’s supremacists rioting, killing one person, and injuring many more. Living his father’s legacy of racism and supporting ku klux klan. Trump 2015: “ My legacy has its roots in my father’s legacy.” Trump’s staff is complaining Trump went rogue and […]

Real retail sales disappoints . . . the Doomers

Real retail sales disappoints . . . the Doomers This morning’s report on July retail sales once again belies the claim that “hard data” and “soft data” are divergent.. Not only did July come in at a strong +0.6% (+0.5% ex-autos), but June was revised up as well. Given basically non-existent inflation, this means that […]

One tiny little ray of hope

One tiny little ray of hope After the Charlottesville, VA white supremacy violence, and his failure to explicitly condemn it, Donald Trump’s Gallup approval rating has fallen to a new low of 34%, and his disapproval to a new high of 61%: This puts him below the lowest ratings during their entire term of Lyndon […]

Current Account Deficits and Safe Assets

by Joseph Joyce Current Account Deficits and Safe Assets The International Monetary Fund has issued its External Sector Report for 2017, and among its key findings: “Global current account imbalances were broadly unchanged in 2016…” The U,S. continues to record the largest deficit, $451.7 billion, which is equal in value to 2.4% of U.S. GDP. […]

Woodie Guthrie, Racism, Trump, and Beach Haven

From an old sixties coffee house person, just a little history. In 1950, Woodie Guthrie signed a two year lease to reside in a Fred Trump’s Brooklyn development. Having wandered around the countryside for a number of years, he knew the North did not have any special claim to racial enlightenment. One event of a […]

In light of Charlottesville, I noticed…

Exclusive: Trump to focus counter-extremism program solely on Islam … https://www.reuters.com/…/us-usa-trump-extremists-program-exclusiv-idUSKBN15G… Feb 1, 2017 – The Trump administration wants to revamp and rename a U.S. government … Republicans wrestle with effort to cut Obamacare … Although CVE funding has been appropriated by Congress and the grant recipients were … Life After Hate, which rehabilitates former […]

The “Narratives” of Higgins’s “Warfare”

The word ‘narrative’ appears 41 times in the infamous Higgins memo, “POTUS and Political Warfare.” Guys, it’s time for some narrative critique. The narrative Higgins is most concerned about is something he calls “cultural Marxism,” which he defines in a paragraph at the top of page four of the memo: As used in this discussion, […]