PODCAST: Why This Recession is Different

NASA Head Adds Lunar Base, Nuclear-Powered Mars Rocket To Space Road Map NASA Administrator Jared Isaacman is moving ahead with the agency's ambitious push to return astronauts to the moon, unveiling new plans for a lunar base alongside a nuclear-propelled spacecraft intended to pave the way for a future Mars mission. At an earlier event, The New York Times reported that Isaacman laid out the agency's three-phase plan: first, expand robotic missions and surface systems; second, build semi-habitable infrastructure for regular astronaut visits; and third, construct permanent infrastructure for a sustained...

To complain against the state’s actions, argues Hobbes, is to ultimately complain against yourself because you originally authorized the state through social contract and the state represents you!

Oil Spikes, Stocks Suddenly Dump During Warsh Hearing It's unclear what exactly is driving but the markets are reverting back to old habits this morning with oil spiking... ...dragging Treasury yields higher... Stocks are tanking... And so is gold... There were no obvious geopolitical headline catalysts for the move - though uncertainty remains high about the next 24-48 hours in the Middle East. Some have suggested the following comment from Fed Chair nominee Kevin Warsh may have helped (or hindered): “There’s probably no more pressing question than the cost of living.” Though that does seem like...