presidential election

Authored Doug Kass of Seabreeze Partners Management,

"The missing step in the standard Keynesian theory [is] the explicit consideration of capitalist finance within a cyclical and speculative context . . . finance sets the pace for the economy. As recovery approaches full employment . . . soothsayers will proclaim that the business cycle has been banished [and] debts can be taken on . . . But in truth neither the boom, nor the debt deflation... and certainly not a recovery can go on forever. Each state nurtures forces that lead to its own destruction. "

President Trump is expected to release the new National Security Strategy for the United States this afternoon. We discussed the potential drivers behing his reportedly aggressive stance yesterday, but the bigger questions remain...

Will it rein in some of the global adventurism of the Bush and Obama presidencies?

 

Will it correct the gaping disconnect between what the White House says about places like North Korea and what the Secretary of State says?

 

Authored by Ginni Thomas via The Daily Caller,

Despite the real possibilities of alienating paying customers, the NFL, Starbucks, Target, Chick Fil-A and a host of entertainers continue choosing sides in an escalating culture war centering on America’s past and future. As a new poll documents, citizens increasingly fear expressing their love of country or expressing their political views, for instance by wearing a Make America Great Again cap.

This week a number of stories have come out highlighting the general perspective of Palestinian Christians in the context of President Trump's controversial recognition of Jerusalem as the capital of Israel. Some of these headlines include, "Nazareth cancels some Christmas festivities over Trump recognizing Jerusalem as Israel's capital" or "Mike Pence to face bitter reception from Palestinian Christians as he visits the Middle East" or further, "Palestinian Christians: Jerusalem is for the three religions".

Authored by Constantin Gurdgiev via True Economics blog,

In 2016, a bot, named Mirai, wrecked havoc over the global internet with massive waves of DoS attacks on anything, from French telecoms, to U.S. web services, to Russian banks, to African airports and beyond.

Per Wired, "As the 2016 US presidential election drew near, fears began to mount that the so-called Mirai botnet might be the work of a nation-state practicing for an attack that would cripple the country as voters went to the polls."