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Tag Archives: debt ceiling
Far Right Overreach
Alan Zendell, April 27, 2023 Whenever right-wing extremists gain a foothold of power in the United States they overreach, and it always backfires. But as investment managers like to remind us, past trends are not guaranteed to continue in the … Continue reading
Posted in Articles
Tagged billionaires, debt ceiling, default, depression, E. Jean Carroll, economic disaster, extremists, kevin mccarthy, lost wealth, Matt Gaetz, Ukraine
1 Comment
Kevin McCarthy is Engaged in a Fight He Can’t Win
Alan Zendell, April 20, 2023 I can’t recall a better case study for the aphorism, “Be careful what you wish for,” nor a better example of Former White House Counsel John Dean’s warning about succumbing to blind ambition. As leaders … Continue reading
Posted in Articles
Tagged debt ceiling, default, FDR, Freedom Caucus, jobs, John Boehner, john dean, John Kennedy, John Thune, lyndon johnson, market crash, Mitch McConnell, Nancy Pelosi, New Deal, Paul Ryan, trade agreements, unemployment rate
1 Comment
The Politics of Obstruction
Alan Zendell, March 17, 2023, “The minority wins when Congress accomplishes less.” Long time Representative Steny Hoyer (D-MD) attributed that statement to former Republican House Speaker Newt Gingrich (R-GA). In a nutshell, it summarizes the philosophy of obstructionism that has … Continue reading
Financial Instability
Alan Zendell, March 13, 2023 The collapse of Silicon Valley Bank and its subsequent shutdown by California regulators and the FDIC brought back nightmarish memories of the financial crisis of 2008. That one happened so fast, we didn’t have much … Continue reading
Frankenstein’s Monster
Alan Zendell, January 6, 2023 We all know the story of Frankenstein, the obsessed scientist who creates a living creature from used body parts. There are different versions, the original Mary Shelley novel, and four Hollywood movie screenplays, but they … Continue reading
The Challenges We Face
Alan Zendell, September 30, 2022 The phrase, “When it rains, it pours,” is usually a reference to problems piling on top of each other. Not to strain the metaphor too much, depending on what those problems are, they can lead … Continue reading