by Mike Kimel Who Will Be the Next President? We don’t know much about Panama before the Spanish arrived other than that it fit the usual pattern you see just about everywhere – there were periods of bloody violence (wars, genocides) alternating with periods of some sort of coexistence. After the Spanish arrived, there was […]
The soul-searching at the Fed is beginning. I have written many times for over a year that the Fed will have a period when they start soul-searching. They will realize that the business cycle got away from them and they will not be able to normalize rates. They just got too far behind the curve. […]
McCain answered the question about the gun debate by citing Obama’s culpability for the attack through his foreign policy: “Barack Obama is directly responsible for it, because when he pulled everybody out of Iraq, al-Qaeda went to Syria, became ISIS, and ISIS is what it is today thanks to Barack Obama’s failures,” McCain said. … […]
Well, well, the dear old National Rifled Assholeciation has weighed in with its theory. Assault weapons don’t kill people, “political correctness” does. “The National Rifle Association (NRA) on Tuesday defended gun rights, two days after a gunman killed 49 people and left 53 others injured at a gay nightclub in Orlando,” Jesse Byrnes at The […]
One for the ages.
And also the concept of attempting to cover one’s own homosexual desires by attacking a gay bar. Uh-oh. Those Arizona Senate-race polls must be looking really bad for McCain. Seriously. ____ Okay, the article I link to, by the Washington Post’s Mike DeBonis, is titled “John McCain: Obama is ‘directly responsible’ for Orlando attack.” And […]
The Democratic National Committee brought on a new chief of staff Thursday: Brandon Davis, the former national political director of the Service Employees International Union. The move is a sign Hillary Clinton is moving to consolidate control of the DNC now that she is the presumptive Democratic nominee for president. Davis was introduced as the […]
On January 6th, I made some predictions for 2016. (link to post). Let’s look at some of them. #1. I saw a higher probability than Tim Duy for a recession. He did not predict one. We do not have a recession yet. I wrote, “It is possible that the economy could stabilize by the end […]
Looks like the Fed is finally understanding that they are behind the curve and not able to catch up to the curve without triggering an economic contraction. Now we will see how long the business cycle can hold on. I still see an economic contraction starting by 2nd quarter 2017. Still a 70% chance by […]