Are CEOs so busy doing good that they have taken their eye off the ball? When Silicon Valley Bank failed, it quickly emerged that management had messed up. Most importantly, the firm had not hedged against the rapid interest rate hikes initiated by Federal Reserve Chairman Jerome Powell to fight inflation. As a result, it […]
Kudos to Paula Johnson. In an era when university administrators are too often cowed and even toppled by enraged students, the president of Wellesley College is standing her ground. Despite students voting recently to admit transgender men, Ms. Johnson announced that the college would not be changing its admissions policy, which states that “Wellesley will […]
Joe Biden is frantically cleaning house. No, he’s not firing any of the incompetent ideologues in his cabinet. Biden hasn’t dismissed Treasury Secretary Janet Yellen, a once-respected economist who now shills full-time for her boss’ out-of-control spending, though he should have. Yellen was blindsided by “transitory” inflation and also by obvious signs our banks were in […]
Despite skeins of bank regulations supposed to prevent another financial meltdown, Silicon Valley Bank, the country’s 17th-biggest bank, went down in flames last week. It was the second-biggest bank failure in U.S. history and has prompted a lot of finger-pointing. Management messed up by not addressing a serious cash shortage until it was too late. Some […]
You might think U.S. health authorities would be embarrassed. After all, the Center for Disease Control and Prevention (CDC), the National Institutes of Health (NIH), the Food and Drug Administration (FDA) and other agencies oversaw policies that produced more COVID-19 deaths per capita than nearly any other developed country. More humiliating, they earned that distinction while dictating […]
Has the progressive fever broken? Are Democrats finally abandoning the crazy policies that have delivered damaging inflation, soaring crime, unsustainable illegal immigration and failing schools? There are five positive signs. 1 . Joe Biden shocked Leftists by declaring he will veto Washington, D.C.’s new soft-on-crime bill, leaving 173 House Democrats who voted for it twisting in the wind; 2. Chicago […]
Read more at… https://www.nysun.com/article/can-typhoon-vallas-save-the-windy-city Published in The New York Sun
President Biden’s vision of a Green New World is becoming a little blurry. Believe it or not, under our “climate warrior” president, installations of new wind farms and solar fields in the U.S. dropped 16 percent in 2022 from the year before. How can that be? Didn’t we just allocate a boatload of money in […]
In his recent surprise trip to Kyiv, President Biden took pains to note that assistance to Ukraine has been “bipartisan.” That is true, but it is also true that some Republicans are beginning to question what House Speaker Kevin McCarthy (R-Calif.) called the “blank check” that Biden seems to be offering the war-torn nation. Republicans and others […]