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

“new research on foreigners bearing the tariff burden”

Commentary by Erica York at the Tax Foundation on the pass-through impact of tariffs on pricing in the United States. The other possibility is companies may they eat it for a short period of time and maybe pass it through later in the time-table. The idea being the United States may later drop the tariff […]

Trump Throws Down his Glove

Trump threatens Iran. I believe a 30-day window of an oil embargo just went out the window. At 8:50 yesterday morning, President Donald J. Trump posted on social media: “There will be no deal with Iran except UNCONDITIONAL SURRENDER! After that, and the selection of a GREAT & ACCEPTABLE Leader(s), we, and many of our […]

The Shock of Middle East War on Thailand

Looking at the issue from a different country’s perspective. I have worked in Thailand for weeks at a time at several plants the company had near Bangkok and Phitsanulok If you have not been, Thailand is a friendly country. It does have a degree of poverty which will catch your eye in the cities. It […]

Blockading Oil

I was based in Cuba for about 9-10 months. It is not like there are hostilities between the Marines and Cuba. It was quiet duty. I was setting up land line communications for 20 posts and maintaining them day and night until they sent me some new-straight out of training privates. For a few months, […]

releasing the dogs of war for no reasons other than being a bully globally

AB: In the past attacks in the Middle East did result in oil and gasoline shortages., I expect the same to happen. Also expect higher oil prices even if no damage is done to wells or refining. Increases will occur in the oil market. Discussing Iran and diplomacy in the SOTU before he orders bombing […]

Active Volcano in Mexico

Interesting piece on a Mexico Volcano called El Chichón. Biggest fear is an economic impact similar as to what happened previously. “The 1982 eruption of El Chichón in Chiapas, Mexico, was the nation’s deadliest modern volcanic disaster, killing roughly 2,000 people and destroying nine villages with pyroclastic flows. The March-April explosions deposited up to 40 […]

Lower Drug Prices Brought to You by Trump? Nope . . .

During President Trump’s first term, the administration falsely claimed that prescription drug prices are high for Americans because they are lower elsewhere. He enlisted the U.S. Trade Representative to help raise medicine prices abroad by lengthening prescription drug monopolies in other countries. Don’t Buy Trump’s SOTU Claims on Drug Prices, Public Citizen President Trump and congressional Republicans’ Big […]