Finance

Feminist Icon Billie Jean King Needs a Man—FAR More Than a Fish Needs a Bicycle

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Feminist sports icon Billie Jean King is at it again, oblivious to economics and banging on about “equal pay” for female tennis players. It apparently never occurs to her that there’s one way to get the men’s money.

The same way the men do: Compete on the men’s tour and succeed.

Oh, that’s too much to ask? The women couldn’t cut it there?

Well, look at that: You just learned, Billie, why they’re not making the men’s money.

Put Dave Ramsey in Charge of the Federal Budget. I’m dead serious.

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I have used the envelope system in my own home. Actual paper envelopes. Actual cash. Sitting on my kitchen counter, labeled in Sharpie for groceries, gas, the kids’ activities, all of it. And here is what happened the one time I reached into the grocery envelope and there wasn’t enough left for the steak I wanted: I didn’t buy the steak. I stood there in the meat aisle at Aldi, did the math in my head, and put it back. Bought chicken instead. My daughter still brings it up. “Remember when we didn’t get steak because of the envelope, Dad?” Yes, sweetheart. I remember. Because that’s what happens when the money is gone. It’s gone. There’s no secret second envelope hiding behind the first one. There’s no “we’ll figure it out next month.” The cash in the envelope IS the budget, and when it’s empty, you stop. Full stop. No negotiation with yourself at 9pm in a grocery store.

Trump Calls Fed Rate Hike ‘Unfortunate,’ Demands a Cut

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President Donald Trump says the Fed was wrong to raise interest rates by a quarter percentage point. In a Truth Social post, Trump said that US rates “should be 1%, or less.” Chris Phelan, White House Council of Economic Advisers chairman, agrees and says anyway you measure it – inflation is coming down. He is on “Balance of Power.”

$40+ Trillion Debt: The Bell Tolls for the US Dollar

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Last Tuesday, the US’s debt passed the $40 trillion mark.

DC enjoys ignoring the debt almost as much as it loves piling it up. But that grim mile marker forced some of DC’s denizens to extrude some fake concern.

The tenor of which was almost entirely that of innocent bystanders – rather than that of the malevolent participants they all are:

Stockholders Union

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Our income is under attack from both the right and left. The socialist left wants corporate profits to be restricted with higher taxes while the Trump administration has been intimidating corps to lower prices – both plans mean less income to pay their shareholders. Corporations use their gross income (profit before tax) for capital improvements and research. What remains after taxes is paid out as dividends to the owners (stockholders). Anyone who has common stock – either personally, in trust or in a retirement account – is at risk of losing income when publicly traded companies encounter reduced profits.

Dear Trump & Kudlow: This Is Not ‘A Golden Age.’ Your Delusions Fuel the Rise of the Democrat Socialists (DSA)

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Yesterday – on Sunday, because the Internet never rests? I received in my inbox an op-ed from Larry Kudlow.

For those of you who don’t know…:

“Lawrence Alan Kudlow is an American conservative broadcast news analyst, economist, columnist, journalist, political commentator, and radio personality. He is a financial news commentator for Fox Business and served as the director of the National Economic Council during the Trump administration from 2018 to 2021.”

I’ve met Larry. He is a very nice guy.

That said: Kudlow is a standard-issue Washington, DC center-right economy guy. He is exactly the type of Republican economist – that is killing the Republican Party.

Kudlow’s economic messaging – is the Republicans’ economic messaging. And it is more tone deaf than a year’s worth of nationwide karaoke contests.

Preemptive Request: Zero Government Bailouts for AI Fails, Please

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The US’s Artificial Intelligence (AI) self-feeding frenzy is still…frenzy-ing.

Except everything about it seems fake.

The US’s Large Language Model (LLM) version of AI seems to be (at least) years away from the promises being made to feed the frenzy.

Which can be seen as a partially good thing – since no one has any idea what to do with the hundreds of millions of humans they tell us US AI will un-employ.

Jim Crow 2.0: How the Minimum Wage Became the Democrat Party’s Favorite Racist law of the Left.

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Let me open with the sentence that is going to make several people very uncomfortable before I have even finished my coffee.
The minimum wage is a Jim Crow law. Not “Jim Crow adjacent.” Not “has some racist history if you squint.” An actual, documented, still-functioning mechanism for locking people out of the labor market and into government dependency — built by the same coalition, defended by the same party, and producing the same outcome it was engineered to produce a century ago.

RISE stands for Recovery, Independence, Skills, and Employment: A replacement for Welfare

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Dave and Sarah had committed the cardinal sin of being responsible adults. They owned a home. They had a car that was paid off. They had $3,200 in a savings account — money they’d been scraping together for years to have SOMETHING in case of emergency. And now the emergency was here, and the government said, “Sorry, you’re too rich for help.”

Obfuscating Money in Politics: McCain-Feingold, USAID, and the NGO Network

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The debate over money in politics is defined by a core tension between the ideals of transparency, privacy, and mandated disclosure. Proponents of robust transparency and disclosure requirements (especially America Firsters) argue that voters have a fundamental right to know who is funding candidates, parties, and issue advocacy, as undisclosed “dark money” from wealthy individuals, corporations, unions, or foreign-linked entities can distort democratic outcomes, enable corruption or undue influence, and facilitate implementation of leftwing policies funded by US taxpayers without authorization or scrutiny. They push for lower reporting thresholds, real-time disclosures, and the closing of loopholes like super PACs and 501(c) organizations to let sunlight act as a disinfectant.