The Wes Moore gambit. The downside of Joe Biden not resigning full stop.

Around 1:46 pm today, President Joe Biden, via a letter to delegates, announced that he would not seek nor accept the nomination by the Democratic Party for president. I expected the announcement by tomorrow (Monday), but I guess a Sunday is good as any. More people at home to receive the news. The energy was … Continue reading The Wes Moore gambit. The downside of Joe Biden not resigning full stop.

Mr. Biden should promise no further use of Executive power …

Atlanta will be a hot mess on Thursday as President Joe Biden and former president Donald Trump roll into Atlanta to debate. CNN veterans Jake Tapper and Dana Bash are reportedly moderating the debate. I have little faith that journalists with seven figure compensation packages who likely have never set foot in Atlanta’s poorest neighborhoods … Continue reading Mr. Biden should promise no further use of Executive power …

Should the executive power be applied to help out the Fearless Fund? No.

Strategically, it makes sense that Fearless Fund would seek to apply one prong of the State’s power, the Executive, to help settle whether a mechanism that creates, extracts, and distributes capital is being fairly deployed. Alliance was the first to pull the State power trigger when it filed its suit last year. The issue here is should Mr. Biden issue an executive order? My answer is no. Continue reading Should the executive power be applied to help out the Fearless Fund? No.

If the Fed wants to protect its political independence, it should petition to amend the Federal Reserve Act.

We are moving deeper into the silly season. If there are still any primaries going on, Super Tuesday just about sucked what little oxygen there was out of the room. That President Joe Biden and former president Donald Trump would end up being the presumptive nominees for their parties was, based on the polling, expected. … Continue reading If the Fed wants to protect its political independence, it should petition to amend the Federal Reserve Act.

Trump or Biden. Who can best obscure the battle on Mount Olympus?

Last night’s Super Tuesday primary victories for former U.S. president Donald J. Trump and incumbent president Joseph R. Biden were no surprise. So boring were the returns that I was in bed by 8:30 pm. For us mortals, the electorate, the worn-out questions are, “Which of these candidates best represents me?” and “Which of these … Continue reading Trump or Biden. Who can best obscure the battle on Mount Olympus?

Should a president be allowed to manage the economy where she doesn’t provide actual facts?

If a president can’t give you full facts about the political economy, then should she be managing it? Last week, U.S. President Joe Biden announced that “inflation was at the pre-pandemic benchmark of 2 percent over the last six months of 2023.” The problem with this statement is that if year-over-year inflation was two percent during the … Continue reading Should a president be allowed to manage the economy where she doesn’t provide actual facts?