10/06/2021
Today
Steven Pedigo, New York Times The idea of the Lone Star state as a herald of the national future is not just terrifying to liberals. |
Donald Boudreaux, AIER "The seemingly objective and straightforward reality is, in fact, a distorted reality. Government policy based upon such a distorted understanding of reality is likely to worsen the true reality." ~ Donald J. Boudreaux |
Allison Morrow, CNN After a roller coaster 24 hours for Facebook — in which a whistleblower lodged damning claims at at the site, its stock fell 5% and the company suffered a more than five-hour outage across its most popular apps — the spotlight has shifted to Congress and what, if anything, lawmakers are willing to do to rein in the social media behemoth. |
John Tamny, RCM In his excellent new memoir, An Especially Good View, Peter Osnos writes of how he was viewed as the "Best Dressed" reporter at the Washington Post. This designation proved challenging once he was posted to the newspaper's Moscow bureau. Suits taken to the cleaners came back without buttons. Shoes taken to the cobbler had nails coming up through the insoles. And getting a haircut was a non-starter. The famously well-put-together Osnos was reduced to having his wife cut his hair, along with her own. Such is life in countries where the profit motive doesn't inform economic activity. |
Rani Molla, Vox Google's plan to cut pay for remote workers who relocate is a bad idea |
Dan Ferris, American Consequences With stock evaluations mirroring the art world in terms of sheer absurdity, we're close to topping out – here's how to not panic-sell. |
Market Minder, FI Pundits' reaction to volatility says a lot about sentiment. |
Steve Forbes, What's Ahead Congress is mulling over an idea to control what credit card issuers can charge merchants when you use your plastic to buy something. This move will empowe... |
Philip Cohen, The Hill There is an opportunity to address some real needs of the American people, but tax changes need to be accomplished in a manner that is effective, relatively simple and without enriching a few campaign contributors under the guise of reform. |
Brian Riedl, New York Post Progressives, in order to cut the bill's cost closer to $4 trillion, the bill's authors included a December 2025 expiration of the $130 billion annual expansion of the child tax credit. |
Walter Block, RealClearMarkets Competition tends to bring about a better product or service, at a lower price, than does monopoly. This is a basic premise of virtually all economists, disputed by pretty much no one in the profession. Our entire anti-trust edifice is built upon this foundational aspect of the dismal science. And yet when push comes to shove, our society jettisons this insight, at least when it comes to assuring the quality of our food and drugs. The Food and Drug Administration is a monopoly agency entrusted with this task. Its word is final concerning such matters. No competition is allowed. If a private... |
Editors, Forbes The Forbes 400 is the definitive list of the richest Americans, ranking the country's wealthiest billionaires by their net worths. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Preston Caldwell, Morningstar We think high inflation will be temporary. |
Marko Csokasi, Commodity.com Find out which US states owe the most dept per capita. You'll find a summary of the 15 most endebted local US governments and more. |
Jeffrey Kleintop, Charles Schwab Japanese stocks have rebounded to 30-year highs and became the world's best performers in September and the third quarter. |
Market Minder, Fisher Investments Manufacturing PMI contractions aren't unusual in China. |
James Picerno, Capital Spectator Global markets suffered their broadest retreat in a year during September. The bullish exception: commodities, which delivered a solid gain last month. Cash, as usual these days, was flat. Otherwise, red ink dominated performances for the major asset classes last month. |
Antony Davies, AIER "Federal spending is out of control. Politicians know it and they know that they can't stop it. A day of reckoning is coming. Politicians hope that we'll keep pointing fingers at the rich so we don't notice who the real culprits are." ~ Antony Davies |
Michael Cohen, MSNBC.com Congress is more interested in preparing for an unlikely war with China than helping Americans at home. |
Andrew Lautz, The Hill Politicians should implement a bipartisan plan to get our country's finances back in order. |
Travis Nix, The Examiner With President Joe Biden's approval ratings in decline and his $3.5 trillion spending package losing key Democratic support, his administration has resorted to making up a new definition of income as a way to scare the public and Congress into supporting his job-killing tax hikes. |
Nicole Gelinas, New York Post With Andrew Cuomo's cronyism vanished, Gov. Kathy Hochul has an opportunity to steer New York state away from the progressive's hurtful taxes on high income earners, Nicole Gelinas writes. |
Paul Mozur, New York Times Executives sit in jail, tech companies are being reined in and the biggest developer is teetering. It's the beginning of a new era for China's economy. |
David Smith, Brownstone I have always been a liberal, left-leaning in my politics, a devout adherent to principles such as liberty, free speech, tolerance, compassion, and personal autonomy over my body—a fierce defender of "My Body, My Choice." |
Sean Illing, Vox Author Will Storr on our universal obsession with status and how it distorts so much of human behavior. |
Jessica Anderson, The Hill If Democrats prevail here, this would be the final nail in the coffin for all that Donald Trump was able to accomplish. The success from Trump's tax cuts, pro-life policies, and overall America First agenda will all be erased. |
Jane Coaston, New York Times Coastal elites may have power. But so do the wealthy — all over America. |
Bruce Thompson, Washington Examiner A new congressional report shows that the tax increase bill approved by the House Ways and Means Committee would increase taxes on millions of taxpayers making less than $400,000. That would violate a pledge President Joe Biden has made repeatedly. |
Dan Mitchell, International Liberty There are lots of reasons (here are five of them) to dislike the version of the Biden tax hike that was approved by the tax-writing committee in the House of Representatives. From an economic persp… |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Ben Carlson, AWOCS A 20% gain for national home prices over a one year period is absolutely nuts. |
John Cochrane, The Grumpy Economist Non-profit does not = moral. |
Nick Maggiulli, Of Dollars And Data On changing investor behavior and what really drives investment decisions. |
Jamie Powell, FT Alphaville The famed investor gives his thoughts on a market that's lost its marbles. |
John Rekenthaler, Morningstar They can spend more from their nest eggs than first appears. |
Ben Hunt, Epsilon Theory There is an uncontained spark in the financial world today, a spark that emerged from the unlikeliest of places, a federal courthouse in Florida. It's a spark with the potential to light a searing bonfire under Robinhood and Citadel. |
Caleb Ecarma, Vanity Fair Leaked financial records reveal how the rich and powerful are sheltering their wealth in the Mount Rushmore State. "My concern," says one former state senator, is that "we become like Switzerland or Panama." |
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