July 3, 2024

YOLO isn’t dead — it’s living a long life

Recently, the death of YOLO has become a hot dinner table topic — proclaimed as a fact by mainstream media and then tweeted and re-tweeted to the point of a foregone conclusion.  However, like all fake news, the truth differs from the...

June 8, 2024

Prices Are Never Going Down

Inflation is like the weather.  To paraphrase Mark Twain, “everybody talks about it, but nobody does anything about it.”  Biden tells us he’s fighting inflation, and it seems as if we hear every day in the news a...

May 30, 2024

The Dow Will Never Exceed 1,000!

When I was an undergraduate in the 1970s and still knew everything, I completed a paper for a finance class and received an A grade.  At the time, the Dow Jones Industrial Average (DJIA) was flirting with 1,000 for the first time. ...

April 16, 2022

The Ending Corporate Greed Act Is Greedy

From the twisted world of Bernie Sanders, where he believes that if he has a dollar and you have a dollar, then he has two dollars, comes another terrible idea: the Ending Corporate Greed Act (ECGA).  According to the Vermont socialist, inflatio...

March 25, 2022

The child tax credit is a ruse

The firebrand congressional Squad leader known on the streets as AOC recently said, "Gee, the child-tax credit just ran out on December 31, and now people are stealing baby formula."  She said this in response to the NYPD announci...

February 23, 2022

Biden's economic truths are real...real whoppers!

Is an airplane vacuumed into the air from above, or is it pushed into the air from below?  Aeronautical engineers still disagree on Bernoulli's Theorem — how airplanes fly is all about the way you explain it.  And in the...

February 10, 2022

Biden's oil nightmare

If you think the highest overall inflation rate in 40 years of 7% is bad, get ready for a real shock coming to a pump near you.  Oil prices are surging so much that, ironically, even the "Green New Deal" president is begging globa...

December 17, 2021

No one to blame for the oil crisis but Biden's lousy policies

If you are not Greta Thunberg, but the president of the United States, what's the first thing you do when returning from a global climate conference — especially one where you pledged to reduce emissions by over 50% in eight years? ...

November 19, 2021

The Dumbest Thing Democrats Could Do with the Post Office

"Far too many can't afford to be banked & end up paying MORE in fees to check cashing places.  So ... and I called upon the USPS to provide basic $ services, like cashing, wiring or an ATM w/o fees.  The program also ...

September 24, 2021

Congress Wants to Tax You by the Mile

Have you ever stood in front of the shelves of toilet paper at your local market and tried to figure out the best deal?  Jumbo rolls, super jumbo rolls, mega rolls, 8-packs, 12-packs, one-ply, two-ply.  It's maddening. ...

June 1, 2021

The new, new way to raise the minimum wage

The line we're being sold by the left is that the stimulus payments are to help people in need during this COVID economic "crisis."  Apparently, not unlike Little Bo Peep, they've all lost their jobs and don't know whe...

February 16, 2021

Urban to rural: The next migration is now!

The "Great Migration" of the early twentieth century had segregation and the racist policies of the South as one of its roots.  The largest human migration, Chunyun — the Spring Festival Season in China — is founded on...

September 23, 2020

The mysterious battle raging over fintech, or non-bank banks

If it walks like a duck...  Here's a simple question most five year olds can answer: "What is a bank?"  It seems simple, but can you answer it?  Yes, it's pretty obvious if a company has the word "...

August 22, 2020

The Cold, Hard Truth about the Post Office

Apparently, Congress doesn't have time to pass an economic stimulus package and save the American economy, but they do have time to address — in an emergency session no less — the Post Office.  Yeah, yeah, we're being to...

June 6, 2020

Why People Are Hoarding Cash in the Coronavirus Panic

A funny thing happened on the way to the Fed.  To keep the COVID-19 economy rolling, the Federal Reserve pumped in trillions of dollars — mostly by buying securities to increase the lendable reserves of commercial banks.  Th...

May 15, 2020

Test-driving coronavirus socialism

COVID-19 has given us many opportunities — the opportunity to catch up on television reruns, the chance not to wear pants all day, and the joy of finding peanut butter in stock on our weekly masked grocery trips.  More importantly, it...

March 4, 2018

The Rise of the Millennial Economy

Second Amendment arguments aside, would you pay $500 for a gun?  That's about what average guns go for these days – sometimes more, sometimes less, so let's agree on about $500.  However, what if that gun existed ...

November 8, 2017

Wages Are Actually Growing Faster Than They Should!

I have an acquaintance who owns several franchises of a national fast food chain.  He refers to increasing wages for his workers as the 49-cent taco problem.  If he raises wages too much, his cashiers just can't sell enough 49-cent taco...

October 26, 2016

Wells Fargo: Does it really matter?

About a month ago, the Consumer Financial Protection Bureau (CFPB) announced it had reached a deal with Wells Fargo for the bank to pay a $190-million fine for opening bogus accounts in customer names.  Ostensibly, this practice was widespread a...

October 3, 2016

How Fair Is Paying Your Fair Share?

What if the next time you bought a pair of shoes exactly like the person ahead of you in line, but you had to pay an extra five or ten bucks in sales tax because of your income?  Or what if the next time you bought groceries, you had to pay sale...