"This Market Makes No Sense"

I second the motion.

The Great Depression created an entire generation of frugal spenders and savers.

The pandemic may have created an entire generation of degenerate gamblers and speculators.

Most people assumed speculative activity in the markets would cool off once sports came back, the casinos opened up again and people were able to move about more freely with their normal activities.

Judging by the action in options trading, that’s not the case. If anything, there is even more speculation going on in 2021 than 2020.


"The Great Barrington Declaration One Year On"

Philip Magness summarizes what we've learned about lockdowns and the lamentable state of (some) scientific communication.

The benefits of the lockdowns are still ambiguous at best, this after a year and a half. We still have no clear empirical evidence that they delivered anything close to what they promised. But because science has been so completely politicized, it will take years longer to arrive at the truth than would have otherwise been the case. Here, we are left to offer advice with a nearly 2,500-year track record: First, do no harm.

 

 

"The Biden Justice Department’s Lawless Threat against American Parents"

F0rmer federal prosecutor Andrew McCarthy argues that AG Garland's recent statement is simply terrible:

That is what progressives do when they’re in power: They use demagogic rhetoric to defame constitutionally protected dissent, and threaten government retaliation — with its portents of investigative harassment and ruinous legal costs — to extort compliance.

Related: "The Devolution of the DOJ" and a Matt Walsh tweet.


"The Corruption of My Liberal Tribe"

This is impressive:

I have always been a liberal, left-leaning in my politics, a devout adherent to principles such as liberty, free speech, tolerance, compassion, and personal autonomy over my body—a fierce defender of “My Body, My Choice.”

I have always considered my liberal friends to be open-minded, critical thinkers, compassionate, tolerant, educated and resourceful enough to know where to look up alternative information, capable of interpreting data and discerning facts from blatant propaganda; defenders of free speech, liberty and bodily autonomy—all of which are obviously the foundational principles of liberalism.

Now, every one of those paradigms has been shattered for me.

Every single one.

I am now ashamed to call myself a liberal.