Is That It?

Have you ever seen Old Faithful, the famous geyser in Yellowstone National Park? I saw it with my family when I was in college. We took a family ski trip to Montana and after a few days on the slopes, several of us piled into a car and headed to Yellowstone. Just outside the park…

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Another Day Older and Deeper in Debt

It is a hard number to fathom: $40 trillion. Our national debt eclipsed $40 trillion this past week. The yield on the 10-year Treasury is now 4.7 percent, and the dollar is weakening. Treasury Secretary Scott Bessent has a solution: The Treasury will just start buying back our debt. In plain English, this means he…

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First Quarter 2026

Panic and Run! When my daughter was young her favorite show was a Disney cartoon called “The Lion Guard.” In one episode, the Lion Guard was trying to help a zebra whose herd was under attack by some hyenas, and the zebras’ reaction was to panic and run. I can still see my daughter dancing…

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