Wall Street Journal

When They Say "Hoarding" Instead Of "Saving" You Know You're In Trouble

Our entire central bank controlled financial system is based on the premise that unelected, unaccountable bureaucrats should be able to direct individuals’ consumption and production behavior from ivory tower conclaves. And they have abused their authority to the point that two entire asset classes are now poisonous.

40,000 Students In Limbo, 8,000 Employees Fired As ITT Suddenly Shuts Down

The long-running tragic saga of ITT Education Services, which was established nearly 50 ago and operates the ITT Technical Institutes for-profit college chain, finally came to a end this morning with both a bang and a whimper, when it announced that it is shutting down effective immediately, leaving the fate of 40,000 students currently enrolled in limbo, and some 8,000 workers without a job.

Hillary Clinton And The 'C' Word

"Journalists spend weeks trying to discredit questions about Mrs. Clinton’s health, and then it turns out Mrs. Clinton raised questions about her own health as an excuse for the FBI. That doesn’t exactly enhance the debunkers’ credibility..."

Why The Fed Is "A Terrible Parent"

"My goal is for my children to always be happy, to never experience pain, or sadness, or disappointment. To always get what they want, and to never have to hear the word ‘No.’" ...But spoiled kids take greater and greater risks, do dumber and dumber things, because there are never any consequences for their actions.

Trump Vs. The HillaryCons

“This is a binary election... [N]ot voting” for Trump is “functionally... a vote for Hillary.” So for the outspoken rightist establishmentarians, what is conservative about rendering aid and comfort to the presidential ambitions of Hillary Rodham Clinton?

Abe "Strongly Protests" After North Korean Ballistic Missile Launch Into Japan's Air Defense Zone

Just a month after Japan ordered its military to a "state of alert," and as world leaders gather in China for the G-20 summit, AP reports that North Korea fired three ballistic missiles off its east coast Monday, Japanese Prime Minister Abe "strongly condemned" the actions, as the missiles fell into Japan's air defense zone, declaring the launch a clear violation of UN Security Council resolutions.

Magical Thinking

... the more we embrace and encourage state-directed magical thinking, whether it’s of the monetary or fiscal policy sort, what we are actually doing is opening the city gates to the old evil magic and the alt-priests of fascism and totalitarianism.