Kevin D. Williamson responds to his critics, including me. He points out that he comes from the world he criticizes so harshly:
It is, in fact, about half of the original piece, the other half being autobiographical material on my own experience with that world and its pathologies.
More:
With the market already pricing in dramatically fewer rate-hikes that the "cheerleading" Fed, Deutsche Bank expects the USD to respond favorably to the FOMC’s signals on Wednesday, contrary to the pattern seen after the last four FOMC meetings with press conferences.
The waning influence of the Fed’s projections is showing up in derivatives markets. After the December revision to the projected path of interest rates, traders responded much less than they did earlier in the year in the market for derivatives known as overnight-indexed swaps.
Submitted by David Stockman via Contra Corner blog,
Talk about sheep being led to the slaughter. The S&P 500 is up 11% from its February 11th intra-day low (1812) because Wall Street still has inventory to unload. That much is par for the course.
Donald Trump, the presumptive presidential nominee of the Republican Party?
How could a non-conservative become the nominee of the conservative party when he clearly is not one at all? The uncomfortable fact is that conservative intellectuals and leaders have been working for years to make the term become meaningless, so some charlatan was inevitable.
Authored by Eric Zuesse,
On March 14th, Iran announced that it will never pay the $10.5B that a U.S. court demanded it pay for the 9/11 attacks.