Biden’s Tax Hikes and You
We’ll say this much for President Joe Biden‘s plan to make the “rich” pay their “fair share”: He’s not subtle about his intentions. In a speech to a joint session…
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Biden’s Tax Hikes and You
How Do You Spell B-U-B-B-L-E?
Would you pay $69.3 million for this image? A hedge fund financier who goes by the handle “Metakovan” did last month at a Christie’s auction. In case you’re wondering, the…
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How Do You Spell B-U-B-B-L-E?
US Medical Privacy Laws are Junk
It’s a truism to state that your medical records are extremely sensitive. Health care files could include details of treatment for a sexually transmitted disease, depression, or drug addiction –…
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US Medical Privacy Laws are Junk
The Next COVID Lockdowns
As we publish this week’s Notes, America is in the process of fully reopening after months of back-and-forth loosening of mandates related to the original COVID-19 lockdowns. Here in my…
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The Next COVID Lockdowns
What (Other) Wars Will Biden Get Us Into?
At the moment Joe Biden was sworn in as the 46th US president on January 20, American military forces were deployed in more than 150 countries. In at least 14…
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What (Other) Wars Will Biden Get Us Into?
Defunding the Police: A Bad Catchphrase for a Good Idea
George Floyd’s death at the hands of a Minneapolis cop last May rekindled a debate over policing that’s been simmering for years. And, like everything else in our hyper-partisan society,…
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Defunding the Police: A Bad Catchphrase for a Good Idea
The TSA’s “Mission Creep” Threatens Us All
Shortly after the January 6 attack on the nation’s capital, incoming Senate Majority Leader Chuck Schumer called on the Transportation Security Administration (TSA) to add those protestors identified as participating…
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The TSA’s “Mission Creep” Threatens Us All
Is it Time to Break up Big Tech?
A slugfest is underway, with Uncle Sam and the states joined in a rare show of bipartisan unity against “Big Tech.” Both political parties are eager to unleash the government’s…
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Is it Time to Break up Big Tech?
The Folly of “Universal Basic Income”
Last month, Republican senator and former presidential nominee Mitt Romney unveiled a proposal he calls the “Family Security Act.” The plan seemed shocking at first, especially coming from a solidly…
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The Folly of “Universal Basic Income”
How Uncle Sam Outsources Surveillance to Launder Your Data
East Germany’s Ministry for State Security, better known as the Stasi, competed with the KGB for the title of world’s most feared intelligence agency during the Cold War.
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How Uncle Sam Outsources Surveillance to Launder Your Data
What Larry King and Prince Had in Common
Former legendary talk show host Larry King died last month at 87 years. At first glance, he might not appear to have much in common with pop star Prince, who died in 2016...
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What Larry King and Prince Had in Common
Why People Are Fleeing California (and Some Other States)
We recently discovered a study analyzing migration patterns within the United States over the course of 2020.
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Why People Are Fleeing California (and Some Other States)
How Much More Debt Can We Handle?
By the time you read these words, Congress will be putting the finishing touches on President Biden’s COVID-19 relief package, with American taxpayers footing the bill to the tune of $1.9 trillion.
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How Much More Debt Can We Handle?
The Next PATRIOT Act
“A crisis is a terrible thing to waste.”
While this statement was first attributed to Stanford economist Paul Romer in 2004, politicians have long used crises to justify new laws that crush peoples’ rights.
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The Next PATRIOT Act
The Case for Informed Consent in Vaccinations
We’re hesitant to wade into the already heavily debated vaccine conversation, if only because of the near-unbelievable enmity both pro-vaxxers and anti-vaxxers have for each another.
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The Case for Informed Consent in Vaccinations
Civil Forfeiture is the Beast That Won’t Die
We’ve long criticized the barbaric (yet legal) practice of civil forfeiture, in which police or other authorized government agencies seize your property and then make you prove that the property is “innocent” to have it returned.
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Civil Forfeiture is the Beast That Won’t Die
We’re All (Hyper) Keynesians Now
In 1971, President Richard Nixon supposedly told an ABC News reporter that he was "now a Keynesian in economics."
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We’re All (Hyper) Keynesians Now
The Big Hack
At this point the “hack” doesn’t look like a hack as we usually think about it. The responsible parties didn’t try to damage anything, at least based on the incomplete knowledge we currently have.
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The Big Hack
Thank Congress for a New Year of Pork Barrel Spending
In this season of giving, it’s important that the holiday spirit moves us to thank Congress and the many taxpayer-funded federal agencies throughout the country for their support of so many worthy causes.
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Thank Congress for a New Year of Pork Barrel Spending
Is It Time to Buy Bitcoin?
Only a decade ago, cryptocurrencies, also known as “cryptos,” were virtually unknown. Since the invention of the first crypto (Bitcoin) in 2008, thousands more cryptos have been developed.
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Is It Time to Buy Bitcoin?
The Dollar Won’t Collapse in 2021 – But We Could See This Instead
Anyone over the age of 30 has likely been told by someone younger than them that, “you’re living in the past.”
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The Dollar Won’t Collapse in 2021 – But We Could See This Instead
Drugs Are Winning the War on (Some) Drugs
As COVID-19 spread throughout America last spring, many previously solid investments were devastated.
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Drugs Are Winning the War on (Some) Drugs
What Should I Do (Right Now)?
Stock prices are hitting all-time highs on a daily basis as investors rejoice at the prospect of an economic recovery in 2021.
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What Should I Do (Right Now)?
“Minority Report” Predictive Policing Pitfalls
The year is 2054. For the first time in recorded history, Washington, D.C. is completely murder-free.
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“Minority Report” Predictive Policing Pitfalls
High Profile Security Breach Proves No Company Is Immune to Hackers
“Ransomware” is a class of malware that hackers use to infiltrate a victim’s computer or other online device, encrypts its files...
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High Profile Security Breach Proves No Company Is Immune to Hackers
Is “Offshore” Another Word for Corruption?
The October 20 headline was a familiar one, at least to us here at The Nestmann Group: “Arrest warrants issued for founders of Panama Papers firm.”
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Is “Offshore” Another Word for Corruption?
Your Taxes Are Going Up (No Matter Who Wins Today)
We distribute this week’s Nestmann’s Notes as the world waits in suspense over whether America’s voters (in reality, that tiny subset of America known as the Electoral College) [...]
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Your Taxes Are Going Up (No Matter Who Wins Today)
How Trump (or Biden) Could Steal the Election
After the 1787 Constitutional Convention had concluded in Philadelphia, 81-year-old Benjamin Franklin was reputedly asked, “Sir, what form of government have you given us?”
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How Trump (or Biden) Could Steal the Election
Could Trump Pardon Himself?
An American president’s authority to grant pardons has long been controversial. The Constitution provides the commander-in-chief with a broad reach in exercising these powers.
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Could Trump Pardon Himself?
Yes, There Is Good News!
I’ve been called “The World’s Most Pessimistic Man” and “Mr. Worst-Case Scenario.” But I’m actually an optimist when looking at the long-term future.
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Yes, There Is Good News!
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