John T. Reed’s news blog

It may be too late to stop Bernie in a credible manner from winning the nomination on the first ballot. Bernie Bros include ANTIFA. If the Dem establishment steals the nomination from Bernie at the convention, I predict violent riots in Milwaukee. They have a Dem mayor so they will let the rioters riot to their hearts content. . Antifa may assassinate the non-Bernie nominee. Remember it was a Bernie supporter who tried to murder GOP Congressional leader Steve Scalise and others at that Congressional softball game practice . Who can the Dem establishment replace Bernie with? Maybe Mayor Mike,...

I have recently noticed three dishonest or misleading real estate related commercials on Fox News..One says, “it’s always a landlord’s market” and is pushing you to invest in a fund that buys apartments. That is a childish lie, like the rich get richer. Generally, the rich get poorer. It’s called regression to the mean..A landlord’s market means very low vacancy rates, like below 5%..https://fred.stlouisfed.org/series/RRVRUSQ156N.Another ad pushes a service that rates real estate agents. It says the average house takes a certain amount of time to sell and sells at an average discount off asking price. They promise to tell you...

Under stop and frisk, the number of murders in NYC dropped from 2,000 a year to 400 a year. Bloomberg now regrets stop and frisk which means he regrets saving those 1,600 lives or year. He wishes he had not done stop and frisk because stopping and frisking, however many lives it saves, loses black votes. Mr. Bloomberg considers his new political career more important than those black lives..Apparently, Black Lives Matter also opposes stop and frisk no matter how many black lives it saves. I am not yet aware of any blacks who say stop and frisk is a good...

I keep hearing Republicans and Conservatives quote Van Jones. He has said plenty that we don’t like. But it must be noted that he makes a lot of thoughtful observations that are original and that bite the hand that feeds him..A recent one was his warning Dems that Trump is making a play for black votes and he may get enough to tip the election in his favor. Jason Riley, another black commenter albeit generally libertarian, said similar things. He wrote the book Stop Helping Us, which told how liberal “help” for blacks hurts them..Van Jones also said Republicans are now...

A reader of my How to Protect Yourself from Hyperinflation & Depression book says he is going to put his assets in the “Permanent Portfolio.” That is a simple-minded portfolio of equal parts stocks, gold, bonds, and cash or treasury bills. It was invented by the late Harry Browne..Albert Einstein said that, “Everything should be made as simple as possible, but no simpler.” Browne’s portfolio violates that rule..My wife and I own some gold eagle coins. She wanted to keep them because she inherited them from her brother. I would have gotten rid of them. She let me convert half...