During his 1928 election campaign, President Herbert Hoover defined the 'American Dream' as "a chicken in every pot and a car in every garage." And while the chickens and cars (courtesy of massive subprime auto loan bubble) don't seem to be much of a problem these days, for Americans in over half of the largest cities in the country, owning a home is.
"...the government isn’t looking to catch criminals. It’s just out for your cold, hard cash... we are now ruled by a government so consumed with squeezing every last penny out of the population as to be completely unconcerned if essential freedoms are trampled in the process."
We focus most of our ire on the federal government because bad policy from Washington is the biggest threat to our nation’s freedom and prosperity. But we also get plenty of bad policy from other levels of government...
The TSA is introducing "more rigorous" and "comprehensive" physical inspections at airports around the country. The security agency is replacing its existing pat-downs with a single, universal method which "may involve more intimate contact than before.”
"With the industry at 10% [incentives] you are in a push market. This is top cycle stuff. It's that fine balance...How much can I push the boundary without prompting a reaction that pulls all of us down?"
In his much anticipated address to Congress that was widely described as "presidential" avoiding attacks on the media and Democrat opponents, even if once again thin on detail, President Donald Trump reaffirmed his pledge on infrastructure, defense spending and tax overhaul, in broad brush strokes. Here is what a selection of Wall Street analysts thought about Trump's speech.
"From now on, America will be empowered by our aspirations, not burdened by our fears –- inspired by the future, not bound by the failures of the past –- and guided by our vision, not blinded by our doubts. I am asking all citizens to embrace this Renewal of the American Spirit. I am asking all members of Congress to join me in dreaming big, and bold and daring things for our country."