Moody’s Credit Downgrade of China First in Almost 30 Years
Moody's Investors Service, one of the big three credit-rating services in the country, may be late in lowering the creditworthiness of China, but they're right: China has begun cratering....
About: Bob Adelmann
Posts by Bob Adelmann
OPEC to Extend Oil Production Cuts Another Nine Months
The OPEC meeting in Vienna, where the cartel plans to extend oil-production cuts to drive up oil prices is just for show. The real action is taking place right...
Venezuela Entering Final Stages
The violence in Venezuela is ramping up as it heads toward erupting into a conflagration. ...
Trump’s Budget: a Mixture of Magic, Hope, Pixie Dust, and Gimmicks
As expected, Trump's budget for Fiscal Year 2018 is what skeptics expected: Growth plus lower taxes is said to balance the budget by 2027 — though much of it is...
Ford CEO Suddenly Retires: Early Casualty of AV Revolution
The announced retirement of Ford’s CEO Mark Fields — his position to be taken by the head of Ford’s autonomous vehicle division — caught many by surprise. It shouldn't...
Trump Considers Joe Lieberman for FBI Director
It would be hard to find someone less qualified and more dangerous to fill the slot of FBI director than former senator from Connecticut Joe Lieberman, but Trump interviewed...
Sweden Revokes Arrest Warrant for WikiLeaks’ Julian Assange
Little is likely to change for Julian Assange, the founder of WikiLeaks, who just learned on Friday that his arrest warrant issued by Swedish authorities back in 2010 has...
Harvard Study Confirms Media Bias Against Trump
The credibility of the mainstream media takes another hit, this time from a surprising source. ...
Trump Didn’t Cause Stock Market Decline
According to nearly every major news outlet, Wednesday’s 372-point decline in the Dow Jones Industrial Average was Trump’s fault. ...
Whistleblowers Ask Trump to Drop Investigation Into WikiLeaks
The Courage Foundation released a letter on Monday signed by more than 100 free speech activists (including Noam Chomsky and Edward Snowden) asking President Donald Trump to drop his...
Are Concerns Over EMP Attack From North Korea Overblown?
While the mainstream media is focusing most of its attention on North Korea’s missile tests, it is largely ignoring what some are calling the rogue nation’s real threat: Launching...
Russia, Saudi Arabia Release Trial Balloon: Extend Production Cut by a Year
In a joint statement released on Monday, oil ministers from Russia and Saudi Arabia said the present crude oil production reduction agreement reached last November — put in place...
North Dakota Oil Production Jumps as Access Pipeline Nears Completion
Hello, Bakken. Goodbye, OPEC. The latest report from North Dakota’s state oil and gas division showed that crude oil production for March is back up over a million barrels...
As Expected, Former Florida Democrat Congresswoman Convicted of Fraud
Former Florida Democrat Representative Corrine Brown is going away for a very long time for fraud and conspiracy. ...
Ruling for Big Taxi in Europe Could Spell End for Uber, Lyft, Airbnb
In the same battle between the free market and the regulators that has been going on for centuries, the European Court of Justice will decide if Uber will be...
KU Professor Quits Over Concealed Carry in his Classroom
Somehow Professor Dorman neglected to mention that he failed once again to be promoted to full professor after 10 years on KU's faculty as an associate professor. Just a...
Pro-life Agenda Boosted With Charmaine Yoest in HHS
Trump remains consistent in naming pro-life people to his administration — eliciting howls from abortion advocates who now are on the outside looking in. ...
Venezuela Coming Undone: Maduro Wants New Constitution
Another crack opened in the wall supporting Marxist dictator Nicolas Maduro’s administration: On Monday Major General Miguel Rodriguez Torres, who ran Maduro’s intelligence service until he was fired in...
Stock Market’s Complacency Index Highest in 24 Years
Complacency among investors is high and getting higher. Is this a signal for higher stock prices? Or not? ...
Uber Facing “Existential Threat” From AVs?
Unless Uber is able to overcome its present challenges and stay ahead of the curve, it could wind up as just another footnote in the history of the free...