The curious thing about politics is that one cannot advance one’s ideological agenda without the power to do so, and at its core politics is about the accumulation and usage of power. We’ve known this for millennia; just look at the writings of the Greek philosophers. Heck, Cicero once published a pamphlet about winning elections …
What the heck happened on Wednesday after the Fed meeting? Helicopter Ben Bernanke promised to keep the pace of bond purchases going steady. That is, the Federal Reserve promised to print $85 billion per month to buy mortgage bonds and US Treasury Bonds, continuing with its “Quantitative Easing” policy. Bernanke also promised that the discount …
Mike’s Financial Pocket – 06/21/13 – Bernanke’s BluesRead More »
George Washington was a fascinating man. This is not only because he was twelve stories high and made of radiation, our first President, and a very lucky fellow in battle. All those make him interesting, yes, but one of the aspects of Washington I’ve always found noteworthy is that from a young age he endeavored to …
George Washington’s Civility vs Washington DC’s CivilityRead More »
George Zimmer — better known as the guy in the Men’s Warehouse commercials — was randomly fired from the company yesterday. Business Insider reports: Men’s Wearhouse has fired George Zimmer, the man who founded the brand 40 years ago. […] He stepped down as CEO in 2011, but was still largely seen as the face of the …
Men’s Warehouse Randomly Fires the Face of Their CompanyRead More »
Dramatic television has come a long way. It wasn’t that long ago television was seen by many big screen actors as a step down. A place where failing actors had to go in order to get work. It wasn’t unreasonable for them to think so. Television history is littered with dramatic shows featuring bad writing, …
The Sopranos Changed The Landscape of Television DramaRead More »
For one week each summer, the city of Oshkosh, Wisconsin (population 66,083) hosts the largest airshow in the world, with more than 500,000 people coming from over 60 countries to attend – bringing in approximately $110 million to Wisconsin’s state economy. The Experimental Aircraft Association’s (EAA) AirVenture event brings over 10,000 airplanes into Oshkosh’s local airport, ranging from …
FAA Plays Politics At the Expense of the Aviation CommunityRead More »
Julian Assange, founder of WikiLeaks, has stated that his organization’s legal team is attempting to help NSA leaker Edward Snowden get asylum in Iceland. U.S. authorities believe Snowden is in Hong Kong right now, but no one knows for sure. USA Today reports: Assange, marking the one-year anniversary of his stay at the Ecuadorian Embassy in …
WikiLeaks Trying to Get Snowden Asylum in IcelandRead More »
Protests began in Brazil earlier this month, initially sparked by increased bus fares. However, as the weeks passed by, the protests morphed into something very different. The protests have been peaceful overall, yet the authorities have been accused of using tear gas and rubber bullets in Sao Paulo as the demonstrations have become more violent. The …
Whacko bird Senator Rand Paul is at it again. This time, offering some reasonable and sane amendments to the “Gang of 8″ immigration bill. Paul’s most ambitious proposal would eliminate the pathway to citizenship for 11 million illegal immigrants and lift the caps on guest workers. It would provide immigrant workers to employers who can demonstrate …
As John Avlon reports, the teflon is off. It was only going to be a matter of time before this happened.