People have been asking about the reasons for the recent stock market decline. But the real question is: why has there been this run up recently in the first place? The Biden-Harris administration has benefitted from the situation that since before the pandemic, job openings in the US have far exceeded the total number of unemployed people. Markets have been buoyed by the fact that as people lost their jobs, they were able to replace them with those that had been previously unfillable. In...

With Donald Trump as the nominee, the Republicans adopted a 20-point platform. Here's a rundown of the good, the bad, and the ugly: 1. Seal the border, and stop the migrant invasion  This is absolutely correct, although the devil is in the details as to how this could be done.  2. Carry out the largest deportation operation in American history Though it is certainly beneficial to having a deportation program, creating a huge new government bureaucracy to effect this would be a huge...

President Biden’s college debt forgiveness programs are not only illegal, but morally and ethically wrong, and economically stupid. It certainly has appeal to those whose debt is forgiven - after all, that is the payment for their votes. But to no one else. College loan forgiveness is, at its core, a wealth transfer. Despite what the left would have you believe, it simply takes from those who have little and gives to those who have much. The Biden administration estimates that 27.6 million...

A few years back when Kamala was chosen as the VP candidate, I compiled a list of Kamala foibles; now that she's the Democrat candidate for President, I decided to dust it off. It’s important to know that she had committed some rather egregious trespasses as a prosecutor. Just as disturbing is her fluctuating policy positions, calling into serious question her attempt to presently appear as a criminal justice reformer. Instead, Harris should be known for 1) her criminality and very poor...

Kamala Harris first came on my radar in 2015, when she partnered with the Department of Education to close some for-profit colleges in California when she was the Attorney General. In an earlier post on the subject, I noted that Harris worked in conjunction with the Department of Education specifically targeting the Corinthian College system. According to the Wall Street Journal, “Last summer the Education Department began to drive Corinthian out of business by choking off federal student aid...

I get email from all sorts of groups, but this one caught my eye earlier today. “Jews United for Democracy and Justice” invited Andrew Weissmann as a speaker for a talk entitled, “THE QUEST FOR ACCOUNTABILITY: An Expert's Analysis of Trump's Liabilities” to be given on Wednesday, 6/26. The fact that Andrew Weissmann is speaking on accountability is hypocrisy in its purest forms, given his history of despicable lawyer practices.  During the Colombo crime cases in the 1990s, Weissmann...

My utility provider, Con Edison, recently announced yet another increase in utility prices and many of my neighbors are incensed. According to their website, “New York City residential customers may see an 11% increase in summer bills due to higher delivery charges. For the same reason, Westchester residential customers may see a 12% increase.” This is on top of continuous increases over the past few years. But their anger is misplaced. Instead of blaming Con Ed, they should be outraged...

Phil Gramm and John Early do a great job refuting the persistent concept of a gender pay gap in the Wall Street Journal. Whatever gap exists doesn’t stem from gender discrimination but rather from job choices. The pay gap as published is calculated each year by dividing the average full-time, year-round pay for women by the average full-time, year-round pay for men. But, as the authors point out, “that comparison is misleading because full-time, year-round work is defined so broadly.” ...