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The FCC Needs To Abolish A Lot More Than Net Neutrality

Authored by Sam Estep via The Mises Institute, The end of the Obama administration's regulatory regime known as net neutrality has brought with it prophecies of impending doom from across the political spectrum. Leaving aside the hyperbole, most objections stem from concerns that Internet service providers (ISPs) will start “discriminating” by offering preferential speeds and […]


Trump Blames Gillespie For Virginia Defeat: “He Did Not Embrace What I Stand For”

Update (8:45pm EST): In a somewhat terse tweet, President Trump wasted not time apportioning any blame squarely on the shoulders of establishment Republican Ed Gillespie for his loss… Ed Gillespie worked hard but did not embrace me or what I stand for. Don’t forget, Republicans won 4 out of 4 House seats, and with the […]


Watch Live: Virginia Governor’s Race A Virtual Dead Heat As Results Start To Pour In

Update (7:45pm EST):  With just 21% of votes counted, the New York Times shows a virtual dead heat in Virginia between Democrat Ralph Northam (49.4%) and Republican Ed Gillespie (49.3%).  Here’s a live feed of the results: * * * After a hard-fought campaign, one which turned downright vicious in recent weeks, Virginia’s race for […]


Trump Referendum Or Just Another Dem Disappointment: All Eyes Turn To Virginia’s Governor Race

After a hard-fought campaign, one which turned downright vicious in recent weeks, Virginia’s race for governor is now just hours away from being decided with polls set to close at 7pm EST.  The race pits Lt. Gov. Ralph Northam (D) against former Republican National Committee chairman Ed Gillespie (R) and will undoubtedly be spun as […]


What Americans (And Canadians) Should Know About The Mexican Security Crisis

Authored by Will Ellis via Free Market Shooter blog, Saying the situation in Mexico is bad is a gross understatement. Since the marine-lead capture of notorious drug lord Joaquin “El Chapo” Guzman in Sinaloa back in 2016 and his subsequent extradition to the US in 2017, drug-related violence has skyrocketed in his native land. Multiple […]


Pay-To-Play: Chicago Tribune Blasts Rahm As Data Reveals 70% Of Donors Get Lucrative City Hall Contracts

What do you get when you combine the most corrupt city in the United States with a mayor that got his political debut serving in the Clinton White House?  Well, according to data presented by the Chicago Tribune today, it may just all add up to the second most sophisticated ‘pay-to-play’ operation in history…you know, […]


Is the High Cost Of Housing Crushing Wages?

Authored by Charles Hugh Smith via OfTwoMinds blog, The authors' thesis doesn't explain the 47-year downtrend of labor's share of the economy. A provocative essay, Don't Blame the Robots, makes the bold claim that "Housing Prices and Market Power Explain Wage Stagnation." (Foreign Affairs) In other words, the stagnation of the bottom 95% of wages […]


Harvey Hangover Hits Pump Prices, Jet Fuel Premium Highest Since 2008

"It's only just beginning," warned one seasoned veteran energy trader as the hangover from Hurricane Harvey flows downstream to retail gas prices and jet fuel premiums. As Bloomberg notes, Harvey impact currently includes: Colonial says it’ll commingle Rbob and conventional gasoline Explorer Pipeline planning to start lines Saturday, Sunday Logjam grows to 29 oil tankers as 11 ports […]


What David Tepper Bought And Sold In Q2: The Full Breakdown

Remember when several months ago the news that David Tepper disclosed that his Appaloosa bought a (tiny 100,000 share) take in Snapchat in Q1, sending the stock briefly higher, especially after he said that he would add more if the price fell below its IPO price of $17? Well, according to his just released 13F, […]