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What Do They Want? Why is the Electorate So Unhappy?

The American public is in a state of incipient revolt against its own leadership. This opposition will keep growing until the leaders recognize the problems the nation faces, and admit that these can only be solved with the full support and participation of the citizenry.

The Fed is Caught in its Own Trap

The Fed is Caught in its Own Trap

The much-​​anticipated, long-​​awaited pronouncement from the Fed yesterday confirmed what nearly everyone else expected: Things are not going swimmingly, but they’re ready to help further if the patient continues to drown.

The Economy Looks Like “L”

The Economy Looks Like “L”

Just when the headline news about the economy was beginning to look good and the talking heads were beginning to sound good, along came a barrage of bad news that was so bad that it couldn’t be covered up.