America

After Ford scrapped plans for a new facility in Mexico and continues to flood the White House with press releases detailing normal course capital expenditures to be made on domestic plants, investments that would have been made irrespective of their outsourcing ambitions, it seems as though economics are making a comeback in  guiding the capital allocations of other companies as 'outsourcing' is once again picking up steam among American companies.

Authored by Patrick Buchanan via Buchanan.org,

“If we were to use traditional measures for understanding leaders, which involve the defense of borders and national flourishing, Putin would count as the preeminent statesman of our time.

 

“On the world stage, who could vie with him?”

So asks Chris Caldwell of the Weekly Standard in a remarkable essay in Hillsdale College’s March issue of its magazine, Imprimis.

What elevates Putin above all other 21st-century leaders?

Chicago's pension funds, along with several other large public pensions around the country, are in serious trouble (we recently discussed the destruction awaiting our financial markets here: "Are Collapsing Pensions "About To Bring Hell To America"?"). 

The problem is that the pending doom surrounding these massive public pension obligations often get clouded over by complicated actuarial math with a plan's funded status heavily influenced by discount rates applied to future liability streams. 

Authored by Erico Matias Tavares via Sinclair & Co.,

Secretary of State Rex Tillerson tried to reassure America's nervous European counterparts over Washington's commitment to NATO on Friday but it didn't quite work out as expected when he pressed them again to spend more on defense, triggering a sharp rebuke from Germany.

“As President Trump has made clear, it is no longer sustainable for the U.S. to maintain a disproportionate share of NATO’s defense expenditures,” Tillerson said at a meeting of allied foreign ministers in Brussels.