Trump's Economic Shield Cracks As Gas Prices And Iran Standoff Threaten Midterm Fortunes

The Democratic Party Is Dead, Long Live The Jacobins! Authored by Victor Davis Hanson via American Greatness, For the past century, the agendas of the Democratic Party were predictable. They professed concern for working Americans and supported blue-collar unions. Unemployment insurance, a 40-hour work week, disability insurance, and Social Security were their trademarks—often rapidly achieved by growing government bureaucracies and continually raising taxes. Still, many Democrats were socially conservative. By the 1970s, Democrats still deplored antisemitism. Party officials had rejected their own segregationists to champion civil rights. Presidents like Franklin Roosevelt, Harry Truman, and...

Futures Slide Ahead Of Massive $5.7 Trillion OpEx As Iran War Shows No Signs Of Easing Futures are weaker heading into the weekend after US equities finished lower yesterday despite Netanyahu headlines leading to a late day bounceback into EOD. Geopolitical headlines remain the focus overnight with Brent rising as much as 90bps before reversing, as Iran pressed ahead with hitting energy assets & headlines that the US is considering plans to occupy Iran’s Kharg Island to press for the reopening of the Strait of Hormuz. As of 8:15am, S&P 500...

Turns Out the Elites Like The Administrative State Better Than Democracy Authored by William L. Anderson via MisesInstitute, If there is a mantra among progressive American political and media elites, it would be “our democracy,” usually preceded by what they believe to be a threat from the Right. For example, progressives deemed the recent reversal of Roe “a threat to our democracy” because it removed laws regulating abortion from Supreme Court jurisdiction and returned the issue to democratically elected legislatures. It would seem inconsistent to invoke the democratic electoral process to deal with...