Stephen Moore’s Senate Confirmation Hearings Could Get Ugly
The powers that be have decided that Trump’s nominee for the Fed’s Board of Governors won’t be a team player and therefore must be subjected to a gauntlet during...
About: Bob Adelmann
Posts by Bob Adelmann
Repatriation of Overseas Profits Surged in 2018, Bodes Well for Strong 2019
Once again, economic forecasters are embarrassed. The economy is not enjoying a temporary “sugar high” from Trump’s tax reform, but is just beginning to feel its impact. ...
Senate Says “No Deal” on Green New Deal
Senate Majority Leader Mitch McConnell brought a procedural vote on the Green New Deal to the Senate floor on Tuesday. Forty-three Democrats voted “present,” with four joining the Republicans....
Bump Stocks Now Illegal, With One Exception
Here is the Administrative State in action, just the sort of governmenal overreach the Founders worked to prevent. ...
Russia “Clarifies” Its Position on Venezuela by Sending More Troops to Support Maduro
The arrival of fresh Russian troops in Venezuela is sending a message to Washington: "We're not going anywhere." ...
Government Deficits Running $100 Billion a Month; Lenders Not Concerned
The U.S. Treasury announced on Friday that the federal government has spent $1.8 trillion since October 1, while tax receipts were only $1.3 trillion. According to Modern Monetary Theory,...
Trump Nominates Fed Critic Stephen Moore for Fed Board
President Donald Trump has asked the former economic advisor to his campaign, economist and writer Stephen Moore — a Fed critic — if he would accept a nomination to...
New Zealand’s PM Announces Gun Ban Following Mosque Attacks
New Zealand’s Prime Minister Jacinda Ardern announced a country-wide ban on Thursday on “military-style semi-automatic weapons.” ...
Maduro’s Thugs Keep Him in Power While He Loses Support
Despite the Trump administration ratcheting up sanctions against Venezuelan dictator Nicolás Maduro, and Maduro’s support among Venezualans eroding, he remains firmly in control. ...
Newark to Study “Universal Income Plan” for Its Poor
Newark Mayor Ras Baraka announced plans to create a commission to study the concept of a “universal” income plan to help the more than one quarter of the city’s...
Wall Street Journal: Median Pay for CEOs Is a Million Dollars a Month
Many CEOs are making millions per year, and socialist/progressives such as Alexandria Ocasio-Cortez and Bernie Sanders criticize that fact, despite their sparse, largely failing histories in the business world. ...
Court Reinstates Lawsuit Against Gun Maker Over Sandy Hook Massacre
Families of the victims filed a lawsuit against Remington Arms, the maker of the weapon used in the 2012 Sandy Hook massacre. The lawsuit was tossed in 2016, but...
Jumps in Durable-goods Orders & Business Investment Confound Forecasters Again
Two measures of the U.S. economy were reported on Wednesday, both of which exceeded forecasters’ expectations. ...
Closing of U.S. Embassy in Venezuela Paves Way for Harsher Measures Against Maduro
The United States is closing its embassy in Venezuela and removing the last embassy personnel. This will pave the way for harsher measures against the Maduro government. ...
Trump’s Preliminary Budget Is Aspirational Only
President Trump’s preliminary budget proposal for Congress released on Monday is show business; all show and no go. ...