You are here

America

While America Debates The $20 Bill, China Moves Closer To Gold

Submitted by Tho Bishop via The Mises Institute,

On Wednesday, Jack Lew announced that the US Treasury was following Ben Bernanke’s advice and keeping Alexander Hamilton on the $10, instead deciding to bring Harriett Tubman to the $20. While Lew’s news left America distracted in debate over whose portrait should grace the Federal Reserve’s most popular bank note, Zerohedge was highlighting how China was taking important steps to distance themselves from the dollar.

America Unbound

America Unbound

Last night I listened to this hourlong talk, with Q&A, by Andrew Bacevich, about his new book America’s War For The Greater Middle East: A Military History. It’s worth your time. Here, in a Politico essay from earlier this month, Bacevich lays out his thesis. Excerpt:

The Most Dangerous Divergence

The Most Dangerous Divergence

Submitted by Jim Quinn via The Burning Platform blog,

The chart below would appear to be in conflict with the results of a recent Gallup poll regarding stock ownership by Americans. The ratio of household equities to money market fund assets is near a record high, 60% above the 2007 high and 30% above the 1999 internet bubble high. The chart would appear to prove irrational exuberance among the general populace.

Trump Slams "Horrible Act Of Desperation" As Cruz And Kasich Form Last Minute Alliance To Stop Him

In the bottom of the 9th, with two out and the bases loaded, Ted Cruz and John Kasich are attempting one final maneuver to stop Donald Trump from getting the GOP nomination.

As the WSJ reports, top officials from both the John Kasich and Ted Cruz campaigns have announced that the candidates have formed an alliance, and will work together during the remaining primaries in order to make sure Donald Trump doesn't have enough delegates to win the nomination outright before the convention in July.

Pages