Economics & Economy articles

Rodin's "The Thinker" as re-imagined in 2014. Cartoon by Branco.

Amnesty decree, Ferguson, Hagel sack all weigh on stocks

WASHINGTON, November 24, 2014 – Pretty much everyone including the Maven expects thin, rudderless trading in stocks this weekend, compounded by the low-level overhang of headline risk with some nasty potential. The executive amnesty flap initiated by Emperor Barack I is still stewing about in the lame-duck Congress, the incoming Congress and in the majority

Obama working on Amnesty speech.

Obamacare, amnesty, Ferguson flaps worry Friday markets

WASHINGTON, November 21, 2014 – Emperor Barack I laid down his Open Borders Edict last night in a speech that seems to have been televised only on abjectly subservient New York City TV channels and a few other local channels elsewhere. All 4 networks had declined to broadcast His Imperial Highness live. Not that the

Chinese air pollution seen from space in 2009. Credit/Wikipedia

China is world’s largest carbon cesspool

Austin, November 21, 2014 — In 2013, China produced 27.6 percent of the world’s total carbon dioxide (CO2) emissions. That’s up 2.6 percent since 2009, and it’s rising fast. China’s mercurial emissions rise since 1990 has already put the earth at risk. In 2013, China produced nearly six times the CO2 emissions that it did

Electric grid image. (Via

Electric grid, immigration worries stall stocks

WASHINGTON, November 20, 2014 –  There is some ominous stuff going on in the business background today. Maybe that’s why stocks are holding back again this morning, in spite of boffo news from the Philly Fed. According to Fox News Thursday morning The head of the NSA issued a blunt warning Thursday to lawmakers: China

Leftist May Day immigration march in LA, 2006. (Via Wikipedia)

Immigration reform is needed, but executive action is not the answer

WASHINGTON, November 20, 2014 − We can all agree that the immigration system is broken and is desperately in need of repair quickly. But the impending executive (and probably illegal as well as divisive) action by the President is not the answer. So what can be done? The problem is that up to 11 million

President Obama 2012 pipeline speech. Credit/White House Video

The X-factor in Keystone XL: It’s not just about Landrieu

AUSTIN, November 14, 2014 — In purely political moves by both Democrats and Republicans, the U.S. Congress is taking up separate bills in the Senate and House for approval of the Keystone XL pipeline, long opposed by environmental activists. The transparent motive for the Senate bill is the desperate attempt by Louisiana Senator Mary Landrieu, a Democrat supporter

Cartoon by Branco.

House passes Keystone bill. Obama to House: “Drop Dead”

WASHINGTON, November 14, 2014 – It’s a sad picture indeed when an American president traveling abroad uses his bully pulpit to promote Communist Chinese companies while trashing American companies, the newly-elected Republican Congressional majority, and our close friends in Canada all in one fell swoop. But that’s what America’s Seinfeld President (no learning, ever) just