Pattie Boyd, British fashion model and muse to two rock superstars, George Harrison and Eric Clapton, engaged Christie’s to auction love letters from Harrison and Clapton in addition to other memorabilia. As with all other assets these days, Boyd’s bounty went for boom-time prices. Chron.com r eports, “Christie’s, the world-renowned auction
Yeah, the other night I laid sleeping And I woke from a terrible dream So I caught up my pal Jack Daniel’s And his partner Jimmy Beam And we drank alone, yeah With nobody else Yeah, you know when I drink alone I prefer to be by myself ~George Thorogood I poured hundreds of “Jack and Cokes” when I tended bar from the late 70’s to mid
In a few short weeks since SEC approval Inflows into Bitcoin ETF funds had reached just over $59 billion on Good Friday, according to btcetffundflow.com . Meanwhile the unloved and disrespected GLD [gold] ETF holds $54 billion, despite its thousand year pedigree. Gold fan and crypto disser Peter Schiff debated crypto evangelist Raoul Pal on Real
Day-to-day we don’t hear much about the commercial office property crash. As The Fed’s Michael Barr said at an event hosted by the National Community Reinvestment Coalition in Washington, “This is the kind of thing where it’s likely to be a very slow-moving train as the financial sector and commercial real estate market move forward,” he said,
Back when I was a construction lender, I thought the perfect construction loan would pay off after one day, just long enough to collect the loan fee. After all, time is your enemy in construction lending. Any of a myriad of unknowns can keep construction from being completed: the market may evaporate for what is being built, interest rates may
Not many teachers would admit they had taught eight or nine murderers and a number of criminals in over four decades on the job. Coach and educator Steve Finesilver makes this confession in his book Hard Knocks & Dirty Socks: Through the Eyes of Coach . The book is 80 percent indictment of the Denver Public School system (DPS) with the remaining
The folks at the Federal Reserve haven’t said whether they will continue the Bank Term Funding Program (BTFP) which is set to expire on March 11, 2024. Jay Powell was asked about it during the November meeting Q & A and said they’d start thinking about it in 2024. With $131 billion outstanding in loans to banks and credit unions collateralized by
People aren’t messing with their 401(k)s enough, according to the The Wall Street Journal . It used to be “Set it and forget it.” Now, according to the Wall Street Journal ’s Jon Sindreu, if you forget it, you might miss it. Inspired by a BlackRock thought experiment which included perfect knowledge, Sindreu looked backward between 2020 and the
“That’s not cool. That’s not cool. They’re just being greedy pigs.” The Chiefs-Dolphins wild card playoff game is only being shown on Peacock, NBCUniversal Media Corp’s streaming service, and that was the reaction of the former Round Mound of Rebound and current professional pontificator Charles Barkley when he called in to @Balltalksource. “They”
Construction lending juggernaut Bank OZK made news when its shares fell 17% after Citigroup analyst Benjamin Gerlinger wrote in a report that cut his rating to “sell.” Bloomberg reported “Bank OZK faces ‘largely idiosyncratic’ exposure to life sciences relative to peer banks,” with a $915 million loan on the Research and Development District on
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.