The Case for Clinton

On February 1st the actual voting starts in the Presidential race – sort of. That’s the date of the Iowa Caucuses, an event which is much more involved than simply voting. You have to show up and stay there for your candidate, literally taking a stand. Polls show that whether you do it by likely caucus attendees or possible attendees the lead for Clinton is small at best.

That’s a reflection of how much Sanders has caught fire through this pre-election season, and for good reason. Sanders is fighting for the soul of the Democratic Party – making it stand up for working people and a fair economy once more. It’s a good and noble effort and something to be happy about. But when it comes time for me to caucus, a month later in Minnesota, I’ll be supporting Hillary Clinton.

What it comes down to, for me, is how I read the job description.

Continue reading

Panic – or Laugh?

“This is no time to panic. There’ll be plenty of time to panic later.”
– Groucho

So far this year the S&P500 has lost 100 points (5%). Where did they put them? Isn’t hard to lose something that is pointy? Despite looking under every sofa cushion the search has so far remained pointless.

It may not seem like the time for humor, but the US market reaction to the meltdown in China is purely comical in many ways. It shows how much the market is responding to emotion rather than reality – and the prevailing emotion is fear. Run away!

Continue reading

People, not Guns

Guns. There is currently no more emotional issue in the US and nothing that polarizes more. You’re either in favor of guns or you aren’t, and if you’re in favor of them the ownership of a gun is probably viewed as a fundamental right. There isn’t much room for compromise.

Into this debate we have a nearly constant litany of shootings, sometimes with legal weapons and sometimes not. President Obama has decided to act where he can, more or less working on tightening up the existing background check laws and enforcing them more uniformly and rigorously.

There was a time when gun advocates called for us to “enforce existing laws” rather than write new ones, but even this action is controversial. But it shouldn’t be.

Continue reading

Not Our (big) Fight

Welcome to 2016 – when the actual election starts. It would be easy to say it will be the news story of the year. But as important as it will be a bigger story is developing, as it did in 2015.

The conflict between Sunni and Shia Islam is more than a millenium old. It resonates today because the region is emerging, as so many other developing nations are, away from the thumb of Western influences.

It’s not our fight – and we can probably only make it worse. But it will be hard to stay out of.

Continue reading

Happy New Year!

With 2015 out of the way, it’s time to look forward. But as we’ve shown many times, the best way to draw a line into the future is an extrapolation from the past. Such is the real tradition at New Year’s – looking back and ahead at the same time.

Besides, the stillness of the present time moment is usually more of a hangover.

Continue reading