source: CNBC

Inflation and crime are soaring — if you believe the headlines — and Mitch McConnell could not be happier. He desperately wants his old job back as Majority Leader of the Senate, and had hoped that with Democrats in charge and eager to revert to their tax-and-spend ways, Republicans could simply dust off their deficit hawk talking points and ride public anxiety about a growing national debt to flip the Senate back to the GOP sixteen months from now.

Federal deficits, however, don’t seem to have the traction as a political issue that they once did. Since the 1980s, we…


Donald Trump is a tax cheat. He inasmuch as admitted it at his rally in Florida last week, just days after the indictment of the Trump Organization and its long-time chief financial officer on charges ranging from tax fraud to grand larceny. Returning to the campaign trail, surrounded by his loyal followers, he relished the opportunity to play the common man besieged by faceless bureaucrats, and the complexities of a tax code beyond anyone’s understanding.

“They go after good, hard-working people for not paying taxes on a company car. You didn’t pay tax on the car or a company apartment……


“Tell you what Mr. American Airlines,” Texas Lt. Gov. Dan Patrick bellowed several weeks ago, after American Airlines and a hundred or so other major corporations pushed back against voter suppression legislation being pursued by Republican controlled state legislatures across the country. “I take it personally. You’re questioning my integrity and the integrity of the governor and the integrity of the 18 Republicans who voted for this. When you suggest that we’re trying to suppress the vote, you’re in essence between the lines calling us racist and that will not stand! That will not stand!”

It seemed quaint, really. So…


Allen West is a crackpot of sorts. But he is not just your average crackpot — those folks screaming conspiracy theories about the evils of the federal government from random street corners or congressional seats in Georgia or Colorado — he is the head of the Texas Republican Party. In the wake of the November election and the refusal of the Supreme Court to overturn the vote of the Electoral College, West decided the time has come for the State of Texas and other disgruntled red states to secede from the United States.

At first blush, it was easy to…


House Minority Leader Kevin McCarthy looked in the mirror this week, and the face of Preston Brooks stared back at him. It was 165 years ago next month, in one of the defining political moments in the lead-up to the Civil War, that the pro-slavery Congressman from South Carolina savagely caned Massachusetts abolitionist Senator Charles Sumner on the Senate floor. McCarthy has tried for years to avoid confronting the ugly underbelly of Republican politics, even as he pursued his ambition of being Speaker of the House. …


It was a scene out of a bygone era, a few weeks back, when ten Republican senators met with Joe Biden in the Oval Office to talk about the COVID relief package. The differences were substantial. $1.9 trillion vs. $618 billion. A trillion dollars is apparently a bridge too far for those ten Republicans. They were all for unity, but unity comes at a price. If unity is what Joe Biden wants, apparently he needs to take things down a bit. Into the billions, preferably.

Decades ago, at a time when humor was still allowed in the nation’s capitol, Senator…


It’s over now. In the second impeachment trial of Donald Trump, 43 Senate Republicans cast their oath of office and oath as jurors to the wind, and decided to give the former president a pass on the charge of Incitement to Insurrection. The fact that he was guilty as charged went without saying. After all, incitement has been Trump’s modus operandi dating back to his Central Park Five days. Was Donald Trump guilty of incitement when he tweeted out “LIBERATE MICHIGAN,” and a MAGA militia heard his call to arms and promptly prepared to kidnap and kill Michigan Governor Gretchen…


The sacking of the U.S. Capitol — the most enduring symbol of democracy in the world — was a shattering blow. Yet, it may have been necessary.

January 6th marked the capstone event of a four-year presidential administration that has — with overwhelming support across the Republican Party — worked diligently to undermine democratic norms and institutions, and destroy public trust in the rule of law. Some kind of massive shock to the system may have been necessary if we are to have a chance of putting the Trump presidency behind us and rebuilding our democracy.

The insurrection was the…


“Men make their own history,” Karl Marx wrote in his historical treatise about Louis-Napoléon Bonaparte, “But they do not make it as they please.” Nor do they get to choose how they will be remembered. …


It was an act of political terrorism in plain sight. Donald Trump blackmailed Georgia Republican Senators David Perdue and Kelly Loeffler. He knew and they knew that if they failed to do what was expected of them, he had the power to destroy their careers with a single tweet. They are both wealthy — among the wealthiest members of the Senate — and they could afford to ignore him and do the right thing. But you can’t put a price on power.

Georgia Secretary of State Brad Raffensperger, the target of the President’s ire after Georgians threw their electoral votes…

David Paul

Financial advisor to city and state governments. Lifelong Red Sox fan (don't hold it against me).

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