America

Submitted by Lance Roberts via RealInvestmentAdvice.com,

Earnings: Everyone Gets A Trophy

The ongoing process of the “wussifcation of America” has now spread from Main Street to Wall Street.

When I was growing up, we played sports. Coaches yelled at us, when we got hurt we were told to “rub some dirt on it” and “walk it off.” When we won a game we were cheered by our parents and coaches, when we lost we were disappointed.

Guess what? We got over it.

Can Russia Survive Washington’s Attack?

Paul Craig Roberts

Meanwhile, over at The Week, I’ve been offering Hillary Clinton some free campaign advice in a series of columns.

In the first column, which you can read here, I focus on the need for Clinton to redefine herself yet again:

As I fully expected them to, most of the institutional GOP has fallen into line behind their standard-bearer, whatever their private reservations. A handful of intellectuals – mostly neoconservatives who have long had ties to both parties – have openly defected to Clinton, which makes perfect sense since her foreign policy views are largely congenial to them, and foreign policy is what they care about most of all. But most of those who previously expressed disdain or alarm about Trump are being cajoled or bullied into supporting the nominee.

Submitted by Charles Hugh-Smith of OfTwoMinds blog,

Destroying our ability to discover the real cost of assets, credit and risk has not just crippled the markets--it's crippled the entire economy.

Is anyone else fed up with the Federal Reserve? To paraphrase Irving Fisher's famous quote about the stock market just before it crashed in 1929, we've reached a permanently high plateau of Fed mismanagement, Fed worship and Fed failure.