Year: 2013

During the weeks preceding the formal unveiling of the ludicrously named Border Security, Economic Opportunity and Immigration Modernization Act of 2103, S. 744, the Gang of Eight authors dominated the headlines with their empty promises. Led by an all too familiar cast of characters that included Senators John McCain, Marco Rubio and Chuck Schumer as […]

There’s a stomach-turning segment of the American population that sees surviving Boston bomber suspect Dzhokhar Tsarnaev as a romantic maverick. The New York Times mused about the accused jihadist’s “Holden Caulfield-like adolescent alienation.” Pop singer Amanda Palmer wrote a fan girl “Poem for Dzhokhar.” An adoring “Free Jahar” movement thrives on social media. Fringe, you […]

The “hygiene hypothesis” is the scientific theory that the rise in asthma and other autoimmune maladies stems from the fact that babies are born into environments that are too clean. Our immune systems need to be properly educated by being exposed early to germs, dirt, whatever. When you consider that for most of human evolutionary […]

I think the current controversy over immigration reform points to a larger issue in America today, which is that Americans are essentially split on the very idea of what America is and should be. It used to be that Americans mostly agreed that in order to attain citizenship, immigrants had to not only come to […]

The selloff in gold that captured the world’s attention in mid-April has revealed some truths about how the market trades and the sentiments of many of the investors who have piled into the trade over the past few years. While the correction does highlight a higher degree of uncertainty than many of the most ardent […]

There are many ways to describe the enormous gap between the American people and their elected politicians. Most in official Washington tend to think that their elite community is smarter and better than the rest of us. Many hold a condescending view of voters and suggest that the general public is too ignorant to be […]

The most puzzling part of the investment business is seeing how the vast and largely economically illiterate masses interpret any given piece of news. Take the recent gold selloff: many large players were motivated to sell by news that Cyprus will have to liquidate its gold stockpiles to pay off acute debt obligations. But just […]