Blog

On Markets, Predictions, and Geopolitics

It’s amusing to watch professional economists and “market experts” try to protect the future level of economic retraction, how many millions of Americans will lose their jobs (it may be in the tens of millions), how long they will lose their jobs for, how long the recession will last, whether it will turn into a depression, how fast the recovery will be off the bottom, what industries will look like post-virus, on and on and on. Nobody knows.  It’s complete guesswork. What we go know for certain is we are going to have at least a recession (defined as two

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My Perspective on Coronavirus and the Economy

By George Seay As coronavirus fears mount, and as the US stock market continues its enormous volatility to the upside and downside, both, Americans and specifically investors should focus on the long term.  We are undoubtedly in for at least several months of economic, social, and health hits from the virus, and fears appear likely to mount further.  A key thing to watch is when cases outside of China plateau and decline, as they already have in China.  This event will likely signal most, if not all of the damage to the global markets and economies will have occurred by

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Giving Tuesday — The force of American compassion and charity is epic when we all come together

How fitting that December 3 is known as “Giving Tuesday” or “National Giving Day” and that it falls five days after Turkey Day, following Thanksgiving Week. Americans have been a grateful and generous people throughout our history. It seems intuitive to our tribe to be thankful, as almost every American comes from an immigrant family originally, typically coming to our great country with almost nothing except hope, and a deep desire for freedom and a fresh start. One of my ancestors came over on the Mayflower as an indentured servant, earning his freedom in the New World over time. On the

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My thoughts on the Democratic debate with KTRH

I discussed my thoughts on what to expect for tonight’s Democratic debate on KTRH: “They’re going after Biden, because if they get rid of him then it’s a brand new playing field. You have Sanders fading, Biden is barely hanging, and Warren is surging.”

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Forget the Past – The U.S. / U.K. “Special Relationship” Must Adapt to Remain Truly “Special”

A few weeks back, the United Kingdom’s distinguished Ambassador to the United States Kim Darroch found himself in hot water.  Sure, what he said was far kinder than what the “mainstream media” has said and continues to say about President Trump, but he’s a diplomat.  His diplomatic secrecy was shattered by an unknown mischief maker in the British government, designed to take him out as Ambassador to the U.S. and embarrass both his government and President Trump.  The ambassador’s resignation confirms the mischief maker was at a minimum, partially successful.  While the episode was mostly trivial and somewhat amusing (except

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Back to the Future on Race Relations

Recently, I went on television to discuss immigration.  After advocating application of American ideals and humanitarian action as a must for effective immigration policy, I concluded by emphasizing the ongoing desperate need for secure borders, and that those who enter our country illegally have broken our laws, and for national stability and respect for the rule of law, such infractions had to suffer some form of legal redress.  The guest on the program taking the opposing view opined that my citing the rule of law and legal violations was “vile” and “inflammatory.”  In his defense, he backtracked when I calmly

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Hispanics are the key to keeping Texas red

Hispanics are the key to keeping Texas red Republicans have been wringing their hands non-stop since Robert “Beto” O’Rourke came within 2.8% of defeating Senator Ted Cruz in the 2018 U.S. Senate election.  The hand wringing accelerated when a poll came out this spring showing former Vice President Joe Biden 4% ahead of President Trump in Texas.  On top of that, losing two congressmen, twelve state representatives, one state senator, and a score of appellate court judges have Republicans in a fear frenzy. They should all take a deep breath and relax.  There is one, clear decisive factor in Texas politics in the

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Remembering the Tiananmen Square Massacre – 30 Years Later

Thirty years ago last week, the tanks of the People’s “Liberation” Army (emphasis added, no irony whatsoever here) rolled into Tiananmen Square and cleared out thousands of pro-liberty protesters. Scores died and many more were injured in the quintessential brutal crackdown on human freedom of the late 20th century—it was a dark day, one of the darkest, for humankind. The Tiananmen Square Massacre was the Chinese Communist Party’s grim sequel to the catastrophic Cultural Revolution and Great Leap Forward, which led to the deaths of millions. As Americans, we must never forget this event, and we should honor and remember the victims. Protesters gathered on

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Perspective on Iran

The United States and Iran have been far from “bosom buddies” since our old friend the Ayatollah Khomeini overthrew the Shah and imprisoned over 40 Americans in our Embassy for over a year in 1979-1980.  Since that sad event, Iranian financed terrorists killed more than 200 Marines in Lebanon, leading to a Marine withdrawal, and seized American troops in a small military vessel during the Obama Administration. They have funded terrorist activity all over the globe, including in Iraq while Americans were trying to stabilize that country, Hamas in the Gaza Strip, Hezbollah in Lebanon, as well as terrorists in

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