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

Trademarking a President’s name

Trademarks his name for future use? This was going on mid-February. It is now two weeks later and I am catching up on my subscriptions. Trump is trademarking his name JIC they wanted to use it for naming an airport. I was thinking more of hot air balloons when I read this. Such vanity. for […]

Here we go again

During the Vietnam war, we were told Americans were fighting and dying because of the domino theory—that if the dictatorship in South Vietnam fell, the communists would take over all of Southeast Asia and India. It was a lie. During the US invasion and military occupation of Iraq, we were told that Americans were fighting […]

Construction spending mainly flat nominally and declining in real terms, except for AI data center-related Boom

– by New Deal democrat Before I get to the main object of this post, there was a little kerfluffle in the financial markets this morning about a “hot” producer price index number. Specifically, PPI for final demand increased 0.5% in January. Commodity prices also increased 0.3%. The YoY% changes were 2.8%, although raw commodity […]

Unitary executive theory and the Führerprinzip

SCOTUS Chief Justice John Roberts subscribes to the unitary executive theory of American government and Constitutional interpretation. The unitary executive theory posits that the President possesses total, unrestrained authority over the entire executive branch, including the power to direct, supervise, and remove all officers within it. If that sounds familiar, it’s probably because it’s been […]

Largest Mined Military Base in the Western Hemisphere

That was a few decades ago. Not sure what they are doing today. Having served at Gitmo for almost 10 months, I can clearly state there is not much threat to the United States coming from Cuba. Indeed, we would get people coming over the fence to escape. The Cubans on base were happy we […]

George Washington, the self-made icon

Josh Marshall has an interesting piece in TPM on George Washington. It’s the second of two commentaries on Presidents Day. Presidents Day was originally celebrated as George Washington’s Birthday. When the effort to declare Abraham Lincoln’s birthday a national holiday failed, due to opposition from white Southern politicians, Presidents Day replaced Washington’s birthday. In the […]

Celebration of Self

Two points to this Dan Rather piece (subscriber). President in office should not have things named after them. Gerald Ford declined such. The sitting President Ford vetoed a bill branding things with his name because he believed federal buildings should not be named while he was in office, Neither should Presidents in office add their […]

Why the US failed in Cuba

This linked article is over 30 years old, but Cuba still has a socialist authoritarian government. After the collapse of the USSR, its primary benefactor. After the death of Fidel Castro and the retirement of Raul Castro. Decades of US boycotts and saber-rattling have failed to elicit regime change. That’s because the US never trusted […]