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

“Where Assets (and “Money”) Come From”

Steve Roth — Wealth Economics When you look at the left side of an entity’s balance sheet or its brokerage account statement, you see a list of things that the entity owns, with an estimate of what those assets are worth. The estimates are generally at current market value — what somebody would pay for those assets at […]

The Missing AI Conversation

J.P. McJefferson Thoughts J.P. McJefferson Artificial intelligence (AI) has become one of the most discussed technologies of our time. Governments around the world are debating regulations. Legislatures are holding hearings. Experts are proposing safeguards. Companies are publishing ethical principles. Yet amid all this activity, one critical issue receives surprisingly little public attention: AI is a […]

Cancer teleology

It astonishes me what passes for reasoning among “conservatives.” “Steve Gruber, host of the conservative network’s morning program Day Break, made the announcement Wednesday alongside his guest and wife, Ivey Ramos Gruber, who agreed sunglasses might also be unnecessary. The segment fits neatly into the MAHA movement’s growing anti-sunscreen wing — and straight into a […]

Existing home sales report shows a sub-optimal equilibrium with rangebound sales, prices, and inventory

 – by New Deal democrat First of all, my usual caveat: although they constitute about 90% of all housing sales, I don’t pay too much attention to existing sales because they are not nearly so important as new home sales, since the latter involve much more economic activity in the building process, plus more landscaping […]

Changing of the Guard at the FED

I did not get a chance to post this commentary about the last day for Federal Reserve Chair Jerome Powell who stepped down as the Chair. Just to be clear, he was succeeded by Kevin Warsh. Powell did break precedent by remaining on the Fed’s governing board as a governor. He will serve out the […]

More on the Kennedy Center Name Change

“‘Trump’ Kennedy Center Gets SLAPP-ed,” Taken from “Above the Law,”   Liz Dye on June 08, 2026 Bravo As we wait to see if the Kennedy Center complies with Judge Cooper’s order to take Trump’s name off the building by June 12, the arts center lost yet another legal battle on Friday. This time it was Judge Tanya […]

Worst Global Conflicts Presently

I can not remember a time when there was no conflicts occurring globally. If I use AI and ask the question. This is what Artificial Intelligence comes back with in reply. I was involved in the late sixties and early seventies. Did my enlistment time and left to civilian life. They promised everything. However, I […]

Doing Business and Maintaining Your Integrity

I was in materials and logistics all of my life. I was working as management for various companies globally. Always traveling internationally and being gone for weeks at a time. While traveling and visiting company plants or various suppliers over sea’s, it was not unusual to be offered gifts. The problem with such is you […]

Court Blocks Trump Birthright Citizen Order

It probably would not matter if a DEm President made the same decision to do so on his own rather than go through Congress. Trump wishes to be a king and make edicts on his own outside of Congress, Even so and if such was done? There would be a good chance the courts would […]