Estimated Reading Time: 5 minutes
Sometime during the mid-afternoon of July 17, 1967, a band of six mountaineers set off from Camp VII at 17,900 feet on Mount McKinley in their quest to reach the summit. Four others of their party had summited the mountain two days earlier after an eight-hour climb from Camp VII with nearly perfect weather. The […]
Estimated Reading Time: 3 minutes
For those who make their living on Capitol Hill and at 1600 Pennsylvania Avenue, the real horror this Halloween won’t be the kids in their Halloween costumes or the scary movies in the cinema — it will be (and is) the return of the Bond Market Vigilantes. Simply put, the Bond Market Vigilantes are a […]
Estimated Reading Time: 4 minutes
Those of us who grew up in the 1950s and 1960s watching television cartoons may remember a famous character from Looney Tunes: Wile E. Coyote, a cartoon character who was forever bested by The Road Runner. On occasion, Wile E. Coyote would be hanging suspended in midair over a chasm. Everything seemed fine for a […]
Estimated Reading Time: 5 minutes
Almost a half-century ago, legendary trader Richard Dennis of C&D Commodities put on a famous trade: long (soy)beans and short bonds. The trade reflected the established bull market in commodities and bear market in 30-year U.S. Treasury Bonds. It was an era of high inflation (peaking at 14 percent during the disastrous Carter Administration). Bonds […]
Estimated Reading Time: 4 minutes
When a Far Left screed like The New York Times publishes a first-page article that is harshly critical of some “free” or low-cost socialist program, you know that (1) it’s got to be really, really bad, and (2) what The New York Times is writing about it just has to be true. There are simply […]
Estimated Reading Time: 4 minutes
Until less than six months ago, no United States president or former president had ever been indicted for any serious crime. The closest any president had ever come to criminal prosecution for a serious crime was Richard M. Nixon, who was named as an “unindicted co-conspirator” in the Watergate affair in the mid-1970s. Ulysses S. […]
Estimated Reading Time: 3 minutes
The Radical Left’s fanatical hatred of Donald J. Trump truly knows no bounds. Back in early 2016, some Leftist elements cheered his nomination for President by the Republican Party because they believed he had no chance of winning the White House. When that was proven false by Trump’s overwhelming Electoral College victory in November 2016, […]
Estimated Reading Time: 6 minutes
The last 150 years have been the most amazing 150 years in all of human history. If we turn the clock back to, say, 1870, we find a world where there were no automobiles, no airplanes, no electric washing machines or gas dryers, and no computers — you get the point. Economic growth powered by […]
Estimated Reading Time: 7 minutes
Editor’s Note: The Prickly Pear published a related article last week on January 3 entitled The Price of Easy Money Now Coming Due. We recommend reading both articles together to understand current economic conditions and our readers’ concerns about personal financial situations. When it comes to the economy, nearly the entire populace is of […]
Estimated Reading Time: 6 minutes
Perhaps the biggest mistake liberty-loving Americans can make is to assume that so-called “progressives” are people who have America’s best interests at heart but simply have different views about how to make America a better place. To believe this is to believe the wolf in sheep’s clothing is really a sheep. The wolf’s sheep clothing […]