Category Archives: The Rant

4 Suicides in 4 Days Is A Warning

By Mike McCune —   Michael Dueker…William Broeksmit…Karl Slym…Gabriel Magee. Chance are you’ve never heard of any of these people. But they are important to the world population and they are all linked together.   Dueker, Broeksmit, Slym and Magee all … Continue reading

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Would Dr. King approve of liberal policies?

By Mike McCune —   “I Have A Dream” Led to Bad Legislation. “There comes a time when one must take a position that is neither safe nor politic nor popular, but he must take it because his conscience tells … Continue reading

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In the battle for the economy the consumer is the loser

Rising Markets, Bad Jobs Report Conflict Economy Analysis The American economy has a split personality and that spells trouble for everyone–but most particularly the bureaucratic elitists and those dependent on that system.   In the Red corner there is the … Continue reading

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December Economic Numbers Go From Upbeat to Ugly Down Very Quickly

By Mike McCune —   Whoever is eyeballing the economy better get rid of the old standby baloney from college testbooks. Something is rotting but the economists can’t find it.   However, one thing is conclusive: the economic numbers for … Continue reading

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Default Hits Not On Debt But Unpaid SS

By Mike McCune —   It is disheartening to discover all those anger management classes I took are wasted when I listen to what passes for new reports.   Monday morning it was the effects of the government shutdown that … Continue reading

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Global Warming Report ‘Facts’ Debatable

By Michael McCune —   The Intergovernmental Panel on Climate Change issued a report late last week in which it claims it “was more confident than ever that global warming is man-made.” What the panel does not report is the … Continue reading

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Shredded Constitution Means We Live On Borrowed Time

By Mike McCune —   The Constitution is under mass attack by progressive politicians. For this reason alone, the best news that could happen is a government shutdown to protect this document that contains all the principles on which this civil government … Continue reading

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Banks Disappear In Economic Weakness

By Mike McCune —   To paraphrase President Obama, “I took my eye off the [real economic] ball.” For that I apologize to Rant readers.   While trying to keep up with the messes scattered by this Administration–Benghazi, NSA, IRS, Syria, … Continue reading

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The Rant – All Obama’s Got Is Hope

by Mike McCune —   President Obama wrote an autobiography The Audacity of Hope. Maybe he should have read the book with a critical review.   Even though he’s been President of the United States for 4 years and nearly … Continue reading

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The Rant – Job Market Data Leaves Questions

By Mike McCune —   The No. 1 paradox in the U. S. labor market today is more jobs are being listed by companies but fewer jobs are being filled.   Since June, 2010, the number of listed job openings … Continue reading

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In Syria, Unknown Facts Abound

by Mike McCune —   The biggest problem in the debate of whether to go to Syria or not is the large amount of known unknown facts. Let’s cut through the chaff and get to the main points.   There … Continue reading

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Syria Policy Will Break Our Bank

by Mike McCune —   Hosea 8:9–For they are gone up to Assyria, a wild ass alone by himself…   How irrelevant Congress has become under the Obama Administration! If they can’t decide as a group of 535, he decides … Continue reading

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Crowded Prisons Might End Sentencing Tax Evaders

by Mike McCune — Eric Holder, the detestable Attorney General of the United States who selectively enforces laws and has rendered the U.S. law moot, is at it again. Holder, using cost as a factor, wants to eliminate the overly-long … Continue reading

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Bill of Rights’ Taxation in America’s Future?

by Mike McCune — All Americans are aware Obamacare would not be an issue today if the Supreme Court had not taken the curious track of deciding it was a tax and not insurance because the Internal Revenue Service was … Continue reading

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Quality Missing From Economic Measurements

by Mike McCune —  Every time our government borrows a dollar or prints a dollar not based on anything of recognized value, the dollar in your pocket, savings account or investment goes down. That is government-fueled inflation at work.   … Continue reading

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The Rant – Detroit: Inevitable Fall

Detroit’s announced bankruptcy proceedings have put the economic-recovery-that-isn’t mantra from Washington in jeopardy. Oh, the periodic pronouncements have always been full of optimistic blather but have been lacking in concrete facts. Detroit is the biggest obstacle yet.   Detroit for … Continue reading

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America Gets More Empty Reports

by Mike McCune —   American market indexes reached all-time highs on April’s unemployment and jobs report today. The markets ignore corresponding reports showing service sector jobs are in retreat and factory orders showed the sharpest decline in seven months.(1) … Continue reading

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Government Attacks Payday Loan Industry

by Mike McCune —   The Federal government has a spending problem. The Federal government has more debt than it can possibly pay. The Federal government is now monetizing (buying) its own debt at the rate of $85 billion per … Continue reading

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The Rant – America’s Workers Losing Faith in Retirement Funds

by Mike McCune —   The Employment Benefit Research Institute finished a survey of working Americans during the closing days of March. It reported the ‘startling’ fact a mere 13% of working Americans are “very confident” when it comes to … Continue reading

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The Rant – “Honor” Missing From U.S. Government

by Mike McCune —     What damages America more, manipulated inflation or higher tax rates? Both pluck wealth from America at a devastating pace.   Earlier this week the President made an impassioned plea to gain support for his … Continue reading

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Pediatrics Academy Supports Gay Marriage

by Mike McCune —   Let me be precise on my position on gay marriage: I abhor the concept with every fiber of my soul. That this is not a universally-supported position I understand but if it were, please explain how … Continue reading

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Almost a Fifth of U.S. Economy Moves Underground

by Mike McCune —     American over 30 know about the infamous Russian “Black Market” wherein the population did most of its food and illicit items trade. Since it was officially off-the-records by the government, but necessary to sustain … Continue reading

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Wall Street, Main Street Do Not Agree

by Mike McCune —   The jobs report for February came in nicely and Wall Street cheered. Meanwhile the January jobs report was slashed by 25% from a gain of 157,000 to 119,000 and Wall Street yawned.   That is … Continue reading

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Wall Street Thinks Bull Will Continue

by Michael McCune —   There is some amazement among Wall Street observers about how well the market is doing in the face of so many stern headwinds. Their continued amazement is either a sign of stupidity or culpability.   … Continue reading

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Fed’s “Recession Index” Trumps Sequester

by Michael McCune —   Attention, class: The word of the day is “Sequester.”   Isn’t it funny how a word you really never heard before 2013 is now threatening to topple our economy? At least it is if you … Continue reading

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Why Applaud Hollowness?

by Michael McCune —   Did you watch the State of the Union address? I didn’t. Instead I removed all the emotion of the moment and got a printed transcript of the speech the next day.   I do not … Continue reading

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How to Simplify the Tax Season

by Michael McCune —   The normal person fears to tread the swampy ground of tax loopholes and deductions–that’s why the unofficial-official business of tax preparation and legal tax defense has been the biggest single growth sector since the 1950s.   … Continue reading

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Fed Thinking Links Policy to Unemployment Rate

by Mike McCune —   Have A Happy Thanksgiving. The normal Friday Rant is replaced by this one, three days early, as we will be taking a long holiday break. See you again, Monday, Nov. 26–Mike   Richmond Federal Reserve … Continue reading

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D.C. Eyes Retirement Accounts To Meet Expenses

Debt, public debt to be exact, is no longer a problem in America–at least according to the Democrats following their big win last week. By their accounts the Earth’s orbit has been changed so we no longer need fuel to … Continue reading

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The Rant – Not Solyndra-sized But Another Stimulus Black Eye

Solyndra was the first boondoggle of the stimulus. It wasn’t the biggest but it was the first and it demonstrated beyond a shadow of a doubt why government and business differ–business has a bottom line that must be in the … Continue reading

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The Rant — Food Supply Not Keeping Pace with Demand

The United Nations just issued numbers on food inflation that contradicts Federal Reserve Chairman Ben “BS” Bernanke’s assessments. “Hunger Games” may not be just a movie much longer.   The UN food agency reported Friday that food prices are “rising again.” Old BS just … Continue reading

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Job Market Improving? No, It’s Phony Figuring

I have often cited the various methods the government utilizes to keep the unemployment figure at a manageable level. Today, after the official unemployment rate fell to 7.8%, it became apparent just how blatantly political the process has become.   … Continue reading

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The Rant – Crisis Bubbles Form From Fed’s QE3

The Federal Reserve’s decision to proceed on an open-ended asset-buying policy is being well-received by other central banks but few others.(1)   The problem for Ben Bernanke and the U.S. dollar is the move’s aim and its outcome are not the … Continue reading

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Poor Recovery Doesn’t Eliminate Recession Yet

by Mike McCune   Sometimes you have to wonder if Wall Street insiders are even aware of what is going on beyond Wall Street’s narrow perspective. The case in point is an article by Lawrence “Larry” Kudlow. (1)   In … Continue reading

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Education System Has Failed, Drastic Change Needed

by Mike McCune —   School Time is Near! I can tell because of the “Back-to-School” ads everywhere. All it means is another nine-month sentence to boredom for our kids because they crtainly don’t have any need to learn in … Continue reading

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