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I was still just a kid as the US headed into the 1992 US Presidential election, but I remember the excitement around my home town as Ross Perot entered the race as an independent candidate. Perot was from Dallas, where I grew up. And he was one of the first tech billionaires, long
On Friday afternoon last week, the US national debt hit another ignominious milestone: $37 trillion. And there’s absolutely no end in sight. Perhaps the wildest part is how quickly the debt is rising. Just before the One Big Beautiful Bill was passed on July 4th– barely a month ago– the national debt was
Say hello to the new face of Minneapolis politics: Omar Fateh. He’s young, ambitious, and just clinched the city’s version of the democratic primary… which almost assures his final victory. One might assume that winning a mayoral election would require a track record of competence, leadership, or results… But in today’s political landscape,
It wouldn’t be an overstatement to say that global trade is one of the most important issues happening in the world right now. On April 2nd—so-called “Liberation Day”—the President upended decades of established business and trade practices that virtually every major government and corporation on the planet has relied on. All of those
There’s been a lot of buzz lately surrounding the UK’s Online Safety Act. While it originally passed back in October 2023, it’s been back in the headlines recently because several key provisions just came into force over the last few days. And not surprisingly, a lot of people are worried. One of the
She will never admit to it. But according to recently-released federal disclosures, Alexandria Ocasio-Cortez is one of the wealthiest people in Congress. And it’s easy to understand why; she completely dominates every other member of Congress when it comes to fundraising. In fact her total fundraising haul just in the first half of
When King Louis XV died in 1774, nearly all of France breathed a collective sigh of relief. The late king, along with his predecessor— the legendary Louis XIV— had indebted France up to its eyeballs with endless war, waste, and lavish spending. Sure, Versailles was gorgeous. But the interest payments were eating the
In January of 1843, a local entrepreneur in the city of Philadelphia named Alexander Simmons launched a weekly publication called the Philadelphia Dollar Newspaper. (It was named that because the subscription price was a whopping $1… per YEAR.) There was a lot of competition in the media industry back then, just as there
Bitcoin today is trading at around $120,000. If you’re willing to pay double the price, i.e. $240,000, please contact me immediately. I’ll happily sell you some of mine. Why would anyone do that? I don’t know. But that’s exactly what investors are doing when they buy shares in “Strategy,” formerly known as MicroStrategy.
Tucker Carlson spoke at a conservative political conference over the weekend and didn’t hold back on his diagnosis of America’s serious problems. But at one point, he also railed against having a second citizenship. Initially the question from the audience was about US politicians who also hold Israeli citizenship. Tucker found that “obviously
In the woke, radical left fantasy world that Supreme Court Justice Ketanji Brown Jackson lives in, reducing the federal bureaucracy is the ultimate Constitutional crisis. It started back in February when President Trump issued Executive Order 14210, directing federal agencies to lay off government workers and shrink the size of government. Naturally, the
We’ve all heard the legend: there was a beautiful girl, kidnapped, a thousand ships launched, and the mightiest warriors of the ancient world descended upon the city of Troy to win her back. Obviously this was all a myth. But Troy itself existed. And the Trojan War very likely happened as well. Though
US President Dwight D. Eisenhower was absolutely terrified of inflation. And that’s really saying something for a guy who had commanded Allied forces against the Nazis, faced down the Soviet Union during the Cold War, and overseen the dawn of the Atomic Age. Sure, those threats might seem more serious than a 5%
The Senate passed the “Big Beautiful Bill,” and it’s about to make America’s financial house of cards a whole lot shakier. Already today interest on the national debt costs more than the entire— very large— defense budget. The runaway national debt is literally a matter of national security. And the bill will add
It was September 29, 2021— nearly four years ago— that then House Speaker Nancy Pelosi held a press conference about their $3.5 trillion “Build Back Better” spending bonanza. Despite the outrageously high price tag, Pelosi told reporters at the presser, “the dollar amount [of the Build Back Better bill], as the President said,
