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  • Duane Lester 8:11 am on August 2, 2016 Permalink
    Tags: QE, quantitative easing, Stock Market   

    Zero Hedge – Here’s What Might Happen When The Money Printing Ends 

    This sounds about right:

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    My best set of guesses is we have another huge deflationary asset bubble collapse at some point, that prime minister Abe goes totally crazy in Japan, that the eurozone does not survive intact, that yen-hedged Japanese equities soar, and gold is a safe haven in this mess (especially when central banks respond with still more QE madness).

    The most painful scenario would likely be slow torture along the lines of a 10% correction this year, a 6% correction next year, then a 5% rally, followed by a 15% decline, a 7% rally and another 15% decline, etc., for a period of seven years or so.

    At the end of seven or 10 years, investors would be down 40-50% without a crash. It would destroy pension plans. Heck, given 7.5% assumptions, even a flat market for seven years would destroy them.

    There is one thing he left out. Everyone will be blaming capitalism, especially the people that caused this to happen.

    And then, they’ll start regulating themselves more control over the market.

     
  • Duane Lester 7:40 am on August 2, 2016 Permalink  

    The Difference Between Education and Schooling 

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    “Education is a matter of self-mastery, first; then self-enlargement, even self-transcendance—as all possibilities of the human spirit open themselves into zones for exploration and understanding. There are points where the two conditions inform one another, but in schooling, somebody else’s agenda is always uppermost.”

    This is why more and more parents are choosing to homeschool, as noted at Reason.com.

    Photo Credit: IowaPolitics.com/Flickr
     
  • Duane Lester 8:19 pm on August 1, 2016 Permalink
    Tags: Glenn Beck, Liars   

    Quick Review of Glenn Beck’s New Book “Liars: How Progressives Exploit Our Fears for Power and Control” 

    This was the first live video I did on Facebook, so I had the camera in the usual landscape position and didn’t realize I needed it upright. I fix the problem towards the middle of the video. Sorry about that.

     
  • Duane Lester 4:13 pm on July 25, 2016 Permalink  

    To all the pro-Trump people who want me to move from a position of principle and support a man I find vile and dangerous, I say, “No, you move.”13680301_10154292502006000_3111586753826621384_o

     
    • Charles 11:06 am on July 26, 2016 Permalink | Reply

      Yes you should keep your principles and stand your ground. After all, what America needs (?) is the Supreme Court to become more liberal for decades in the future. Somewhat of a slippery slope the ground upon which you stand.

      • Duane Lester 8:20 pm on August 1, 2016 Permalink | Reply

        What evidence do you have that Trump is going to appoint conservative, originalist judges?

  • Duane Lester 8:18 am on December 29, 2014 Permalink
    Tags: The Show-Me Report   

    The Show-Me Report: December 29, 2014 

    Post-Dispatch: Protester who advocates peace charged with setting fire at Berkeley QT

    LA Times: Well-known Ferguson activist charged with arson, burglary

    KMOV: Ferguson business owners take boards down, hopeful for future

    St. Joseph Post: Mo. police violence protest march ends, closes monument

    News-Tribune: Ferguson police spokesman suspended after remark

    Post-Dispatch: Missouri unlikely to join GOP-led states expanding Medicaid

    Jefferson County Penknife: JeffCo Court Stunt?

    Kansas City Star: Campaign pursues a Missouri tobacco tax increase for early childhood health and education

    Post-Dispatch: Campaign pursues a Missouri tobacco tax increase

    Lee’s Summit Journal: Rep. Grisamore’s son hurt in attack

    The Missouri Times: Rep. Grisamore’s son home from hospital

    Connect Tri-States: School transfers a priority for lawmakers

    Kansas City Star: Lawmakers: Missouri student transfer issue unresolved

    Ozark Area Network: Congressman Smith Praises Extension of Tax Code

    Ozark Area Network: Missouri Lawmakers Uncertain About Budget Powers

    Kansas City Star: New Hampshire senator to speak to MO Republicans in KC

    Kansas City Star: Missouri at center of highway guardrail safety debate

    News-Tribune: Republicans woo McCaskill, other moderates

    Post-Dispatch: Dooley reflects on 36 years of public service

    Kansas City Star: TheChat: John Diehl OKs campaign disclosure law

    Fox 2: Recount of the St. Louis County Executive race raises ballot integrity questions

    The Missourian: Legislators propose bills addressing law enforcement standards and community relations

     
  • Duane Lester 8:01 am on December 29, 2014 Permalink
    Tags: Convention of States, Keith Carmichael, The TorchCast   

    The TorchCast #2: Keith Carmichael on The Convention of States (Video) 

    There are a lot of questions surrounding the idea of the states calling an Article 5 convention to amend the United States Constitution.

    Should we worry about a runaway convention? Is that possible?

    Is it a threat to the Second Amendment?

    Is it a Con-Con?

    Keith Carmichael is the Missouri Director for the Convention of States movement. He spoke with me for 20 minutes about the effort and answers these questions.

    [su_youtube url=”https://www.youtube.com/watch?v=wHCM_oEohgU”%5D

     
  • Duane Lester 10:08 am on December 24, 2014 Permalink
    Tags: The Show-Me Report   

    The Show-Me Report: December 24, 2014 

    Missourinet: Columbia police investigate ‘brutal’ assault of Nat. Guardsman, son of Missouri state Rep. Jeff Grisamore

    The Eagle: Son of State Rep. attacked at Columbia bar

    Fox 4: Outgoing Mo. state representative says son was badly beaten by two attackers

    ABC 17: Ferguson’s lone black councilman: Normal didn’t work

    Post-Dispatch: Ferguson’s sole black councilman is confident change is coming

    Right Wing News: THANKS Ferguson Looters! First K-Mart, now Big Lots CLOSING in Ferguson

    The Missourian: ACLU sues after Ferguson protester gets detention

    Post-Dispatch: Ferguson Commission releases more details about hiring of director

    Post-Dispatch: Berkeley officer kills suspect who pulled gun; police say victim was ‘known’ to police

    Fox 2: Surveillance video released of fatal officer involved shooting in Berkeley

    ABC 17: Protest turns violent at scene of Missouri shooting

    Ozark Area Network: Sen. Blunt’s Staff to Hold Mobile Office Event in Eminence

    KMOV: Raw video: Explosion at scene of Berkeley protests

    KBIA: Lawmakers Produce Ideas Responding To Ferguson Unrest — But Can They Deliver?

    Connect Mid-Missouri: Nixon wants to go to Cuba

    News-Tribune: Missouri to explore agriculture exports to Cuba

    Kansas City: US consumer spending up solid 0.6 pct. in November

    JeffCo Tea Party: Center For Self Governance Level One Training

    Kansas City InfoZine: Missouri Sues California Telemarketer for Violating Missouri’s No Call Law

     
  • Duane Lester 8:49 am on December 23, 2014 Permalink
    Tags: The Show-Me Report   

    The Show-Me Report: December 23, 2014 

    Missouri Business Alert: Anheuser-Busch taps Kit Bond’s lobbying firm in push to cut beer tax

    Fox 2: Springfield mayor predicts ‘very’ tight budget

    KBIA: Missouri’s Prison Garden Program Donates Record Haul Of Fresh Produce To The Needy

    KBIA: Senator Blunt Says More EPA Regulation Will Be Costly For Missouri

    Fox 2: New Missouri law relating to breast cancer goes into effect January 1st

    Kansas City Star: Liberty Memorial is now officially the nation’s memorial to WWI

    West Central MO Info: 12/22-Agriculture and Economic Development in Rural MO

    KBIA: First-Ever National Coal Ash Regs Disappoint Missouri Environmentalists

    The Pitch: Jay Nixon quick to issue statement on New York cop killing, not as fast on civilian deaths in his home state

    Kansas City InfoZine: Missouri Governor’s Conference on Agriculture Honors Agriculture Leaders

    KSHB: How Nonprofit Hospitals Seize Patients’ Wages

    St. Joseph Post: Mo. A+ college scholarship program to see funding cuts

    The Missourian: Audit criticizes closed meetings of Missouri Accountancy Board

    Post-Dispatch: Ferguson’s sole black councilman is confident change is coming

    Post-Dispatch: Ferguson Commission picks a managing director and receives a $150,000 donation

    KMOV: Molotov cocktails thrown at home in North St. Louis

    KPLR: St. Louis Metropolitan Police Department on guard after killings in New York

     
  • Duane Lester 1:02 pm on December 22, 2014 Permalink
    Tags: Missouri Alliance for Freedom   

    Missouri Alliance for Freedom Lays Out Its 2015 Legislative Priorities 

    The Missouri Alliance for Freedom sent out an email recently, outlining what they consider their “general priorities and interests” for the upcoming legislative session. Here they are:

    priorities

    I gotta admit, I’m in complete agreement with those priorities, though some are more exciting than others to me.

    First, the expansion of parental options in public schools is a must. It’s high on my priorities too, and should be for the Missouri Republican Party too.

    Second, the Parental Rights Amendment is important also. Sad that it’s needed, but it is.

    And finally, the Convention of States. The more I look into this, the more I get behind it.

    Which priorities are important to you this coming year?

     
  • Duane Lester 11:21 am on December 22, 2014 Permalink
    Tags: Sen. Kurt Schaefer, The TorchCast   

    The TorchCast #1: Sen. Kurt Schaefer Discusses Amendment 5, Felons and Ferguson (Video) 

    As I announced this morning in the newsletter, I’ve begun production of a series of videos for The Missouri Torch, beginning with The TorchCast, a 10-15 minute weekly interview with players in the Missouri political scene. This week, I had the pleasure of speaking with Sen. Kurt Schaefer regarding the lawsuit currently being discussed in the Missouri Supreme Court regarding a felons right to bear arms under the Missouri Constitution. We also talked about the new committee doing the investigation into Gov. Nixon’s botched handling of the Ferguson situation. Sen. Schaefer was voted to be chair of that committee.

    Here’s the first of hopefully many. Let me know what you think in the comments:

    [su_youtube url=”http://youtu.be/93w7IUFT5MM”%5D

     
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