Author: nick

Hunter Biden has sat down for an interview with Candace Owens; it hasn’t aired yet, but select clips are available on social media. So while it’s not yet possible to get a feel for the overall tone of the conversation, we can nevertheless conclude that there is at least some warmth between the two. For instance, Biden can be seen praising Owens for asking supposedly tough questions about the assassination of Charlie Kirk. She has stated plainly that she does not believe the official story, and has suggested that Kirk’s wife, Erika Kirk, his organization, Turning Point USA, or even…

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Image, Unsplash. As the second round of presidential voting in Peru approaches on June 7, the progressive Roberto Sánchez of the United for Justice Party is confronting Keiko Fujimori, the right-wing candidate who has finished second in Peru’s last three presidential elections. First-round voting for 30 candidates took place on April 12 and extended into the next day. Vote counting finished five weeks later, on May 17. Election authorities announced Sanchez has12.0% of the vote; Fujimori, 17.2%; and reactionary candidate and former Lima mayor Rafael López Aliaga, 11.9%. Only 21,000 votes separate the latter two. Flawed management by the National…

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April existing home sales in the U.S. came in at an annualized pace of just 4.02 million units, barely rising 0.2% from March and missing expectations yet again. We are now looking at one of the weakest spring housing seasons in decades, despite population growth and years of underbuilding. Real estate has always been driven by confidence in the future. People buy homes when they believe their job is secure, taxes will remain manageable, and the economy is stable enough to justify taking on long-term debt. That confidence has been steadily collapsing under inflation, rising insurance costs, property taxes, and…

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Ruins, Imperial Valley, California. Photo: Jeffrey St. Clair. As we all wait for reality, and/or China, to catch up with the Silicon Valley AI boys, it might be a good time to go back in time a bit and see what it looked like in the past when our bubbles burst, specifically the tech bubble in 2001 and the housing bubble in 2008. Fortunately, it is easy to find the key data. The Tech Bubble Deflates; the 90s End with the Millennium  The general view among economists in 2000 was that the strong growth of the 1990s would continue and…

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Of the various ideas that have been proposed over the years to “reform” the U.S. Supreme Court, the call for imposing term limits on the justices has generally enjoyed the broadest bipartisan support. At the same time, however, it would be among the most difficult of changes to bring about, as any such alteration to the federal judiciary would require a new constitutional amendment in order to go into effect. Or would it? A recent New York Times op-ed made the case for SCOTUS term limits and confidently asserted that they “can be imposed through federal law,” no pesky constitutional…

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