Mike's Daily Comment
Quote of the Week
It is absolutely amazing what’s happening on university campuses. Heather MacDonald gives us a first hand look at the nee world order.
Shocking Stat of the Week
The Federal Reserve’s actions are a reflection of how big the problem is with borrowing, interest rates and the credit markets. It’s the biggest financial story of the year – and on one’s talking about it.
Goofy Award
For two years the biggest fake news story focused on accusations of Trump collusion with Russia. Mueller said it didn’t happen but this week’s Justice Department Inspector General’s report let’s us know how it all got started and it’s worse than anyone imagined.
With the UK election over – Boris Johnson says Brexit will be done by the end of January. And the Brits can say goodbye to 40,000 EU rules, 60,000 edicts and 170,000 EU bureaucrats – no wonder Canada’s political elites are appalled at the thought.
Mike’s still laughing that our elites are appalled at the prospect of Brexit in the aftermath of the UK election. Martin Straith drops by with a big warning for investors. Plus a shocking stat you don’t want to miss with the latest on the biggest financial story of the year – but still no one’s talking about it.
With news of a partial deal in the US, China trade dispute investors, central bankers and US consumers will heave a sigh of relief but I hope not before the rest of us grasp the huge cost of tariffs to individuals and business.
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Integrity Takes a Beating in The False Russian Collusion Scandal
Posted by Michael Campbell
on Monday, 16 December 2019 7:19
On one level it was about fake news, the mainstream media, FBI gross incompetence or worse and nasty politics. But the big picture is far more important. It’s the latest episode driving the decline in confidence in government.