Instapopulist

March trade deficit increases 43%; should have minimal impact on 1st quarter GDP

Our March trade deficit surged to the highest level in nearly 7 years as the ending of the west coast dock strike allowed ships that had been sitting offshore to unload.  The March report on our international trade in goods and services showed that our seasonally adjusted goods and services deficit rose by $15.5 billion, or 43%, to $51.4 billion in March, from a revised February deficit of $35.9 billion, which had itself fallen by $6.8 billion from January while the strike was underway.

A Vote for Sanders is a Vote for Warren

According to the Boston Herald, upon the news of Senator Bernie Sanders running for President, Senator Elizabeth Warren said, “I’m glad to see him get out there and give his version of what leadership in this country should be. I think that Bernie Sanders is going to play out a vision for America, and that it is important for people to hear what he has to say.”

Run Jimmy Duncan Run!

I consider myself an across-the-board conservative but of the paleo sort, therefore I tend to disagree with mainstream conservatives on a few issues, most notably foreign policy. I say this to indicate that I am not a single issue voter. I have several issues that I prioritize in importance when evaluating a candidate. A discussion of which ones and why would take a separate article, but suffice it to say that foreign policy is currently the most important issue I consider, and unfortunately, given the current dynamic, it is usually a criteria I use to rule out supporting a candidate.

What Good is a Tax Raising Republican?

God put the Republican Party on earth to cut taxes. If they don't do that, they have no useful function. ~ Robert Novak

Recently the “Republican” dominated Georgia House and Senate passed a massive tax increase to fund booty for the transportation lobby … err … I mean future transportation projects. The increase was enthusiastically supported by Georgia’s “Republican” Governor, Nathan Deal. It passed the Georgia Senate by 42-12 and the House by 129-41. That's embarrassing.

Attention Populist Conservatives: Beware Ted Cruz

Attention populist conservatives who really want to stick it to the Establishment: perhaps, just perhaps, the best way to do that is not by supporting a candidate who GRADUATED FROM HARVARD LAW SCHOOL!

It is possible that Ted Cruz’s anti-Establishment conservative rhetoric is entirely sincere.

It is possible that Ted Cruz is not sincere and that his feisty populist conservative persona is a role he is playing, but one that he is playing primarily for his own benefit.

A new Etiquette de Toilette: Let's stop flushing forests and wasting water

When you slip into the restroom for a little tinkle, you probably don't realize that you are participating in massive environmental genocide -- but you are. Millions of gallons of water swoosh down the tubes every day, even as water becomes an ever-more precious and limited resource, and the specter of global drought and conflict looms (the U.S. has declared water a "national security issue"). On top of that, more than the equivalent of 9.8 million trees are flushed down the toilet every year, according to Claude Martin of Worldwide Fund for Nature.

Foreclosure Starts Rise 5.5% in January; Foreclosure Pipeline Still Well Over 4 Years Long

The Mortgage Monitor (pdf) from Black Knight Financial Services (BKFS, formerly LPS Data & Analytics) is a mostly graphics presentation that covers a variety of mortgage related issues each month. After summarizing the monthly stats, we'll take a look at a few of the graphics from this month's section on foreclosures.

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