The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

BLACK FRIDAY? Betting Market Reaction to Failure of Boehner’s Debt-Ceiling Bill

Drudge Report headlines: Boehner Delays Vote on Debt… Limbaugh: We’ve Been Played… GALLUP: Obama Rates Higher Than Boehner, Reid on Debt Situation! Ron Paul: ‘Default Is Coming’… Treasury Contingency Plan on Debt Gives Priority to Bondholders… Carney: If We Have No Other Alternative We Will ‘Take Action’… Obama faces legal bind if time runs out… […]

Hey, If You Listened to Glenn Beck …

. . . and bought gold when it was still trading under $1,200 an ounce, you may be asking yourself now: “Should I sell at $1,600+ and cash out the 33% profit I’ve made in the past 14 months?” If you’re in such a mood, Adrian Ash at Forbes says, “Buy real estate!” After this […]

VIDEO: Dick Morris Interview With Herman Cain: ‘What an Impressive Guy!’

Dick Morris does what he calls his “Lunch Alert” videos, and here he talks economics and jobs with Herman Cain: More at DickMorris.com. PREVIOUSLY: July 27: Herman Cain: He’s In It To Win It July 26: A One-Way Ticket to Des Moines … July 17: VIDEO: Herman Cain Talks Mosques, Sharia and the Muslim Brotherhood […]

Obama Kabuki Wrecking Your 401(k)

Let’s see: Dow Jones Industrial Average dropped another 91 points Tuesday, down to 12,501.30, having lost 223 points in the past three sessions. If stocks are down, then bonds are up, right? Nope: Treasuries fell [Tuesday], eroding a gain from [Monday], as President Barack Obama threatened to veto House Speaker John Boehner’s plan to raise […]

BLACK MONDAY? Obama’s Debt-Ceiling Crisis Strategy Could Sink Wall Street

Let’s be clear: President Obama has orchestrated this unnecessary drama for the specific political purpose of causing a crisis that he — with the willing assistance of the liberal media — hopes to blame on Republicans. Yet while Obama, the Democrats and the media (but I repeat myself) are scripting a kabuki dance, economic reality […]

VIDEO: ‘Demographic Winter’

My wife and I have six children, which is three times the national average in the U.S. People often ask, “Are you Catholic?” No, we’re proudly Protestant. Yet one cannot ignore the fact that, almost alone among major Christian denominations, the Catholic Church has a well-developed pro-life, pro-family doctrine as part of its basic belief […]

The Terrible Legislative Catastrophe No One Will Remember in November 2012

For weeks we’ve endured non-stop sturm und drang about the debt-ceiling crisis, and the tightrope negotations between President Obama and Republican leaders in Congress: President Obama and House Speaker John A. Boehner rushed Thursday to strike agreement on a far-reaching plan to reduce the national debt but faced a revolt from Democrats furious that the […]

You Should Have Listened to Glenn Beck

In May 20, 2010, when I first took note of Rep. Anthony Weiner’s attack on Glenn Beck for promoting gold, the price was $1,192.60 per ounce. Now here’s Monday’s headline from Bloomberg: Gold Tops $1,600, Surges to Record in Longest Rally in 31 Years on Debt Monday’s price was $1,607.90 an ounce, which means gold […]

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