The thing that needs to be grasped in respect of President Obama’s nomination of Judge Merrick Garland to fill the seat once held on the Supreme Court by Justice Antonin Scalia is this — his nomination would have been vexed even if this were not an election year. It’s not that Garland isn’t an incredibly […]
How about this for a ticket — Trump-Schumer? That would be a pairing of Republican Donald Trump for president and Democrat Charles Schumer for vice president. It’s the whimsy that a New York Sun editorial used to highlight the ironies of Trump running for president on the Republican line while trumpeting, in trade protection, an […]
Remember the “forgotten man”. He is the man who works, votes, “generally prays” and “always pays”. He was made famous by the economist William Graham Sumner years ago and more recently by my wife, Amity Shlaes, in her book The Forgotten Man. And he is about to emerge at the center of the coming campaign, […]
One of the most amazing things about the referendum in respect of Brexit — now set for June 23 — is that it has been met among Republicans here in America with little but silence. That silence echoes in the face of a strategic blunder by President Obama, who has been warning the ally with whom America […]
Could the collapse of confidence in central banking, which has been so in the news the last few weeks (and years), reinforce the maneuvering of governments toward doing away with cash — or vice versa? That’s the question that nags at me after reading the column by the American editor of the Financial Times, Gillian […]
A shocking new report on what really went on during the showdown in 2013 on the debt ceiling should serve as a warning alarm to all GOP presidential candidates for the top job. Two months after the next president is inaugurated, after all, the debt ceiling will expire and debate about raising the debt limit […]
It is surprising how little comment has erupted over how close the Senate came in January to passing Audit the Fed. It certainly didn’t escape the notice of Ben Bernanke, former chairman of the Federal Reserve, who rushed out a blog post to warn of the danger that the Congress might enact a system of […]
What an amazing situation is unfolding as we pass the sixth anniversary of the Supreme Court decision in Citizens United. I’m reminded of this by an email from a progressive group called Public Citizen, which wants to overturn Citizens United with a Constitutional amendment. Its alert says that the legislature in New York is but […]
The prospect that the Federal Reserve will radically expand margin requirements — and not just on banks — invites reflection on the goose and the gander. The Fed’s scheme to expand margin requirements has been mooted for some time, but the news broke this week in the Wall Street Journal. It reports that the banks and […]
