New York City

"Pre-Crime" Returns To America With New Airbnb Law

With stupidity like this so pervasive in government, it’s no wonder why the productive and entrepreneurial spirit is being crushed in the Land of the Free. When a broken system and out-of-touch political class make it more difficult for people to produce, prosperity suffers.

The United States Of Refugees

Consider the state of Nebraska. What comes to mind? Common associations with the Cornhusker state include: row crops, silos, college football, Warren Buffet, and wholesome, earnest Americana. Now try this one: Refugee Capital of the United States.

Russia Wants To Monitor "Rigged" US Presidential Elections

In what can only be described as an epic attempt to troll both Obama and Hillary, and an apparent move to embarrass the United States over Trump's claims of that the upcoming presidential election will be "rigged", Russia has asked to send monitors to US polling stations for the Nov. 8 vote, according to reports by Russian media.

Frontrunning: October 20

  • Global stocks nudge higher after final U.S. presidential debate (Reuters)
  • Trump, Clinton Double Down: Final Debate By the Numbers (BBG)
  • Will Trump accept election's outcome? 'I will keep you in suspense' (Reuters)
  • After Sedate Start, Trump Takes the Bait (WSJ)
  • ‘Rigged’ Election Charge Takes Spotlight (WSJ)

Billionaire Clinton "Hillblazer" Pushes New Tax That Funnels Middle Class Money To Wall Street

Wall Street is maneuvering to propose and implement a new retirement tax on Americans under a Hillary Clinton Administration. Leading the charge is billionaire financial oligarch Tony James, who is COO of private equity giant Blackstone. Mr. James is a generous contributor to Hillary Clinton’s Presidential run, and is listed as a “Hillblazer” by her campaign for having raised at least $100,000 toward her candidacy.

The Absurdity Of Political Correctness Has Reached New Heights

...some bureaucrats in New York City think that it is sexual harassment for a professor to base grades in part on effort and classroom behavior. It appears that the bureaucrats decided that “effort” could be interpreted as an invitation for female students to trade sex for higher grades.

Key Events In The Coming Week

The key economic releases this week include industrial production on Monday, CPI on Tuesday, and housing starts on Wednesday. There are several scheduled speeches from Fed officials this week. The Beige Book for the November FOMC period will be released on Wednesday.

The Pentagon Warns Of Looming Dystopian Future For "Megacities"

According to a startling Pentagon video obtained via FOIA request, the future of global cities will be an amalgam of “Escape from New York” and “Robocop” with brutal and anarchic supercities filled with gangs of youth-gone-wild, a restive underclass, criminal syndicates, and bands of malicious hackers... without the US Army to save them.

Political Risk Strikes US Equities

With just 26 days until the U.S. election, U.S. stock markets are starting to consider the possibility of a dramatic Republican loss - not just the Presidential contest, but the party’s hold on Congress.