John T. Reed’s news blog

88% of blacks voted for Hillary. Many blacks are waiting for Superman, which was the name of a movie about blacks trying to get into charter schools. Trump just named a Yuge charter school advocate as head of the Department Education. Hillary and the Democrat party, who are totally owned by the teachers unions, will support charter schools when hell freezes over. Throwing black children under the school bus So memo to the blacks who want charter schools and who mindlessly voted for Hillary: you’re welcome. Wise up. The Democrats have, and will continue to, throw as many black children...

What is junk silver? In the process of working on my brother-in-law’s estate, we found 1,200 quarters and 500 half dollar coins minted before 1965 buried in the yard. They are now in our CA safe deposit box.Those denominations minted then contained 90% silver. At the time we found them, those coins were worth $7,095. Overpriced? I have rejected such “junk silver” on a number of grounds including that it is overpriced. http://www.johntreed.com/…/60940227-disadvantages-of-gold-a…However, I just redid the calculations on that. The historical average price of silver in 2016 dollars, since 1965, adjusted for inflation is $15.81 per ounce. Today’s market...

Trump should have no role in decisions to prosecute or not prosecute Hillary. It was improper for Obama to protect her. It is no less improper for Trump to protect her. Obama can pardon her and take the heat for it. So Trump is not only pardoning Hillary, he is pardoning Obama for doing that by letting him off the hook.Trump is also reneging on a number of campaign promises like the one about draining the swamp. His reason—I don’t want to hurt the Clintons—is childlike and irrelevant. The Constitution requires that he ensure that the laws are faithfully executed,...

I like much of what Trump has done since the election, but none of it will matter if he starts a trade war that results in Great Depression 2.0. Here is the pertinent part of the Wikipedia article:“In May 1930, a petition was signed by 1,028 economists in the U.S. asking President Hoover to veto the legislation, organized by Paul Douglas, Irving Fisher, James TFG Wood, Frank Graham, Ernest Patterson, Henry Seager, Frank Taussig, and Clair Wilcox.“Automobile executive Henry Ford spent an evening at the White House trying to convince Hoover to veto the bill, calling it "an economic stupidity."...

In the Spring of 2015, I said Trump was not going to run. I was wrong.During the primaries I said repeatedly that he was sabotaging his own campaign with stupid statements and being tricked into going down a dozen rabbit holes that had nothing to do with the election. I was right about those behaviors being wrong, but I was wrong about their being fatal to his campaign.I believed the pollsters in 2008, 2012, and 2016. I was right on the first two and wrong on the third.I said all candidates have advantages and disadvantages and strengths and weaknesses and...