May 1, 2025

Strange bedfellows from Trump’s trade war

Over much of the past century, China, Japan, and South Korea have been bitter enemies.  In the 1930s, the Japanese military gained control and mobilized the country for war.  The rationale used to justify the war was Allied restri...

April 23, 2025

Trump challenges the Fed

President Trump has signed an executive order creating a United Sovereign Wealth Fund and Strategic Cryptocurrency Reserve. Sovereign Wealth Funds have been created in countries with surplus revenue, such as the oil-exporting Gulf states. The federal...

April 5, 2025

Taming the military-transfer complex

Dwight Eisenhower sounded the alarm about the military-industrial complex.  What he did not anticipate was the military-transfer complex. The military-transfer complex emerged in the Great Society Programs launched by Lyndon Johnson at t...