Reading the breathless Green coverage of the soon-to-be COP 28, the UN conference on climate change (CFACT is on the way!), I noticed a fundamental fallacy occurring endlessly. The analysts seem to assume that decision-making is democratic, such that what you need to pass a rule is a majority vote along the lines of Congress […]
https://pricklypear.news/wp-content/uploads/iStock-1342229191-1-scaled.jpg14402560David Wojickhttps://pricklypear.news/wp-content/uploads/logo_2023.pngDavid Wojick2023-12-01 00:24:212023-11-30 18:25:14UN COP 28 Is Not A Democracy
There are many joys of being a Californian. The price of housing, the price of gas, and the price of electricity are just a few. One that is not discussed is how our elected leaders are constantly changing the laws under which we are governed. This is one of the worst aspects of our “independent […]
Arizona has moved up in rankings determined by the Tax Foundation, but still can’t break into the Top 10. The Tax Foundation just came out with its 2024 State Business Tax Climate Index. The bad news is that Arizona does not make it into the Top 10. The good news is Arizona did move substantially […]
https://pricklypear.news/wp-content/uploads/crushing-taxes.jpg348495Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2023-11-27 00:30:412023-11-25 15:41:14Arizona’s Tax Regime Improves But Arizona Ranks High In Other Measures Of Freedom
Our last market commentary noted that the stock market was very oversold, both in momentum and particularly in sentiment. As we moved to the end of October, we entered a period where “seasonal” strength is typical. The combination of “oversold” and seasonal strength prodded us to become more bullish on the market, at least for […]
https://pricklypear.news/wp-content/uploads/new-york-city-wall-street-bull.webp650900Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2023-11-24 00:32:512023-11-25 08:09:15Will Seasonal Strength Become a New Bull Market?
A Potemkin village is a construction—literal or figurative—designed to deceive people into believing a situation is better than it is. The term arose from a fake portable village reportedly built by Russian military leader Grigory Potemkin, former lover of Empress Catherine II, solely to impress her while she traveled to Crimea in 1787. The Biden […]
https://pricklypear.news/wp-content/uploads/umbrella.jpg8071280Carrie Sheffieldhttps://pricklypear.news/wp-content/uploads/logo_2023.pngCarrie Sheffield2023-11-21 00:30:312023-11-21 08:36:33U.S. Job Market Growth Inflated By Government Hiring, Not Real Value Creation
A bottom-up libertarian localism that rejects federal funding and resists centralized control is the only viable way to defeat the totalitarian left and to restore the American republic Two political, economic, and cultural movements are vying for the soul of America. One is a program from above, and the other, a movement from below. But […]
The goals of President Joe Biden’s administration are lofty: among them, nationwide vehicle electrification within 20 years. To reach that goal, the administration has recently proposed new fuel economy regulations that will help ensure that 67% of new passenger cars sold are electric vehicles by 2032. The problem is that this green dream is physically impossible to achieve […]
https://pricklypear.news/wp-content/uploads/iStock-1292252309-scaled.jpg17092560Brent Bennett, Ph.D., The Honorable Jason Isaachttps://pricklypear.news/wp-content/uploads/logo_2023.pngBrent Bennett, Ph.D., The Honorable Jason Isaac2023-11-19 00:28:592023-11-18 07:28:55The True Cost of EVs Is More Than The Sticker Price
Several news stories caught attention in the last few days. One was that Moody, the bond rating agency, joined Standard and Poor’s and Fitch, in downgrading the bond rating of US government debt. It would seem the issuer of the reserve currency of the world, and the world’s largest economy no longer has a AAA […]
https://pricklypear.news/wp-content/uploads/iStock-664340822.jpg14142121Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2023-11-17 00:32:272023-11-17 14:30:07The Great Inflation Head Fake
The Great Depression was the most significant macroeconomic event of the past century, but don’t expect to find an accurate portrayal of its causes in your college history classroom. The most commonly assigned college-level US history textbooks contain obsolete and economically erroneous explanations of the 1929 stock market crash and its aftermath. In a new […]
https://pricklypear.news/wp-content/uploads/depression.jpg627640Phillip W. Magnesshttps://pricklypear.news/wp-content/uploads/logo_2023.pngPhillip W. Magness2023-11-17 00:28:562023-11-16 06:26:59College History Textbooks Spread Misinformation About the Great Depression
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 […]
https://pricklypear.news/wp-content/uploads/Mt._McKinley_-_a_Closeup.jpg13662048Mark Wallacehttps://pricklypear.news/wp-content/uploads/logo_2023.pngMark Wallace2023-11-15 00:30:562023-11-13 06:20:14Commercial Real Estate Debt: Calm Before the Storm or the Pause That Refreshes?
UN COP 28 Is Not A Democracy
/in Culture War, Economy, Environment, Liberty, National Security, Politics/by David WojickReading the breathless Green coverage of the soon-to-be COP 28, the UN conference on climate change (CFACT is on the way!), I noticed a fundamental fallacy occurring endlessly. The analysts seem to assume that decision-making is democratic, such that what you need to pass a rule is a majority vote along the lines of Congress […]
Too Many Laws
/in Culture War, Economy, Education, Featured, Latest News, Liberty, Politics/by Bruce BialoskyThere are many joys of being a Californian. The price of housing, the price of gas, and the price of electricity are just a few. One that is not discussed is how our elected leaders are constantly changing the laws under which we are governed. This is one of the worst aspects of our “independent […]
Arizona’s Tax Regime Improves But Arizona Ranks High In Other Measures Of Freedom
/in Arizona News, Economy, Featured, Latest News, Liberty/by Neland NobelArizona has moved up in rankings determined by the Tax Foundation, but still can’t break into the Top 10. The Tax Foundation just came out with its 2024 State Business Tax Climate Index. The bad news is that Arizona does not make it into the Top 10. The good news is Arizona did move substantially […]
Will Seasonal Strength Become a New Bull Market?
/in Economy, Featured, Latest News, Personal Finance/by Neland NobelOur last market commentary noted that the stock market was very oversold, both in momentum and particularly in sentiment. As we moved to the end of October, we entered a period where “seasonal” strength is typical. The combination of “oversold” and seasonal strength prodded us to become more bullish on the market, at least for […]
U.S. Job Market Growth Inflated By Government Hiring, Not Real Value Creation
/in Culture War, Economy, Featured, Latest News, Personal Finance, Politics/by Carrie SheffieldA Potemkin village is a construction—literal or figurative—designed to deceive people into believing a situation is better than it is. The term arose from a fake portable village reportedly built by Russian military leader Grigory Potemkin, former lover of Empress Catherine II, solely to impress her while she traveled to Crimea in 1787. The Biden […]
The Two Nations
/in Culture War, Economy, Education, Featured, Latest News, Liberty, Politics/by Michael RectenwaldA bottom-up libertarian localism that rejects federal funding and resists centralized control is the only viable way to defeat the totalitarian left and to restore the American republic Two political, economic, and cultural movements are vying for the soul of America. One is a program from above, and the other, a movement from below. But […]
The True Cost of EVs Is More Than The Sticker Price
/in Culture War, Economy, Environment, Featured, Latest News, Liberty, Personal Finance, Politics/by Brent Bennett, Ph.D., The Honorable Jason IsaacThe goals of President Joe Biden’s administration are lofty: among them, nationwide vehicle electrification within 20 years. To reach that goal, the administration has recently proposed new fuel economy regulations that will help ensure that 67% of new passenger cars sold are electric vehicles by 2032. The problem is that this green dream is physically impossible to achieve […]
The Great Inflation Head Fake
/in Economy, Featured, Latest News, Personal Finance, Politics/by Neland NobelSeveral news stories caught attention in the last few days. One was that Moody, the bond rating agency, joined Standard and Poor’s and Fitch, in downgrading the bond rating of US government debt. It would seem the issuer of the reserve currency of the world, and the world’s largest economy no longer has a AAA […]
College History Textbooks Spread Misinformation About the Great Depression
/in Culture War, Economy, Education, Featured, Latest News, Politics/by Phillip W. MagnessThe Great Depression was the most significant macroeconomic event of the past century, but don’t expect to find an accurate portrayal of its causes in your college history classroom. The most commonly assigned college-level US history textbooks contain obsolete and economically erroneous explanations of the 1929 stock market crash and its aftermath. In a new […]
Commercial Real Estate Debt: Calm Before the Storm or the Pause That Refreshes?
/in Economy, Featured, Latest News, Liberty, Personal Finance, Politics/by Mark WallaceSometime 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 […]