Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory

Horne v Department of Agriculture Supreme Court Case

Horne v. Department of Agriculture: Supreme Court Hands Down Major Win for Constitutional Property Rights

You may never look at raisins the same way again.  The highest court in the United States just handed individual citizens a major win in terms of personal property rights, striking down one of FDR’s New Deal programs by depriving the Federal Government of a power it has illegitimately exercised for decades.  The case was called Horne et al., v. Department of Agriculture.  It stemmed from The Agricultural Marketing Agreement Act of 1937, which gave the Secretary of Agriculture authority to issue “marketing orders” for the purpose of maintaining stable markets in specific commodities.

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Using Words to Your Advantage in Life and Business

Using Words to Your Advantage in Life and Business

Words and phrases are interesting things.  Each represents a package of ideas and associations, instantly unwrapped the moment we encounter them.  If I say, “She stood in a cold, dark, damp basement on a winter day, with only a bit of gray, overcast sky visible through small windows around the perimeter; the rhythm of ice rain hitting…

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President Obama Foreign Tax Increase Proposal

About That Proposed One-Time $280 Billion Tax on Foreign Corporate Profits …

President Obama’s administration has announced that he wants to impose a one-time tax levy of up to 14% on the $2 trillion in foreign profits American companies have built up and not repatriated in exchange for making repatriation on future foreign profits that were subject to at least a 19% tax rate tax-free, encouraging domestic…

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JP Morgan Benefits of Saving Early

The Power of Compounding, Student Loan Debt, Communism, and Stealth Wealth

A friend of mine, a nuclear engineer, once explained that he doesn’t bother to contribute to forums or message boards when the topic of nuclear energy is brought up anymore because people are irrational about it, interested in their own confirmation bias rather than learning or having an honest discussion.  Almost everyone I know working in…

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Polygamy in the United States

Mail Bag: Do You Think Polygamy Will Be Legalized in the United States?

Mail Bag: Do You Think Polygamy Will Be Legalized in the United States? Over the past few years, I’ve received a lot of questions about the role of polygamy in American society and, in some cases, whether I think it will ever return and whether I think it should be legalized following its restriction in the…

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Bob Jones University Public Domain Photograph

Read the Amazing, Fantastical, Autocratic Bob Jones University Student Handbook

I mentioned the infamous Bob Jones University student handbook in an earlier post after explaining it was the school from which one of the extremist authors I was reading as part of a self-imposed cultural studies program graduated back in 1950.  It was the university that famously insisted God didn’t want blacks intermingling with whites and refused…

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EBT Card

Should Government Benefits Be Tied to Behavior and Decisions?

I don’t talk about it very often, but one of the charitable organizations close to my heart are community food banks and soup kitchens.  These non-profits collect groceries for those who can’t afford to feed themselves or their children, allowing them to avoid hunger.  They resonate with something very deep in my core, maybe because I…

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Sultan_Omar_Ali_Saifuddin_Mosque_02

The Sultan of Brunei Has Played the Ace of Spades

For several weeks, I’ve found myself ruminating on a passage from a book I recently read during my research on the good, bad, and benign of multi-tier marketing systems.  This was part of my counter-evidence file; people who strongly opposed the model as currently practiced.  It was written by Steve Butterfield several decades ago and is…

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Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory