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Brexit wins! UK peasants revolt, world markets crash

WASHINGTON, June 24, 2016 – As we write this on Friday at 7 a.m., traders and investors—or at least those who weren’t up all night—are waking up to the news that, contrary to polling data and late bookmaking odds in London, U,K, voters have decisively voted to leave the European Union (EU), a process that’s ...

The ‘Brexit’ and interest rates: Black Swans on the horizon?

WASHINGTON, June 6, 2016 – Monday morning markets are off to the races, at least as of the noon hour. Today’s rocket fuel? Apparently upon re-thinking the issue, traders have decided that last week’s bad news on employment is good, meaning that companies can continue to use cheap, low interest-rate financing to buy back shares, ...

The CW’s ‘Containment’: The germ of conspiracy

WASHINGTON, April 20, 2016 — One occurred in 541 AD during the reign of Byzantine Emperor Justinian and is estimated to have killed 25 million people. Another began in Asia around 1334 and spread throughout Europe killing about 60 percent of the population. One began in 1860s China and spread around the world until 1894, ...

Marco Rubio bows out with class and honor

MIAMI, March 15, 2016 — The Ides of March continues to be a cruel date in history. The original March 15 victim was Emperor Julius Caesar, who, of course, was assassinated on that date. Five years ago and closer to our own time, the Ides of March claimed the life of rapper Nate Dogg. This ...

Trump Mexican border policy angers Vicente Fox and friends

WASHINGTON, February 26, 2016 — Former Mexican President Vicente Fox was livid, “I’m not going to pay for that f***ing wall,” he told Jorge Ramos of Fusion television. “He should pay for it.” The “he” Fox referred to is GOP presidential front runner Donald J. Trump. Note that Fox believes Trump’s pledge to build a ...

Rick Santorum and the hollowing out of America’s middle class

WASHINGTON, Nov. 12, 2015 – Once again, the lamestream media’s postgame coverage of Tuesday’s GOP presidential debate is wasting actual and virtual column inches discussing the current state of the Republican “horse race.” It’s who they are and it’s what they do. That’s what leads them, again and again, to miss key issues in these ...

Federal Reserve Minutes: No sign of interest rate hike

WASHINGTON, May 20, 2015 – Stock and bond markets were getting some much anticipated clarity from Washington today. Not. Issuing the minutes of the April meeting at 2 p.m. EDT Wednesday, the Federal Reserve essentially confirmed that interest rates won’t be raised in June. A new employment poll noted that 8.5 million Americans remain unemployed, ...

BECKER: Leaving my father’s party

TALLAHASSEE, April 17, 2015 – People seldom see it coming. I didn’t. Over the past several years, I had become complacent about my political beliefs. It didn’t start that way. It was an insidious process of wearing down. I was never a preacher or a firebrand, but I always spoke my mind in the interest ...

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 ...