Hennessy's View

First 13er President: A Gen X Independence Day

“As they reach their turn for national leadership, 13ers will produce no-nonsense winners who will excel at cunning, flexibility, and deft timing.” —Neil Howe and William Strauss, 13th Gen: Abort, Retry, Ignore, Fail? I’ve written before that 2016 was the first Gen X Election. And that Donald Trump would be the first Gen X president. Not because he’s an Xer, but because he personifies our coming-of-age view of the world. Read more →

People Want You Dead

Have you ever found yourself in the midst of a riot? Even if you’ve only seen riots on television, you can probably imagine how it feels to be inside one. Imagine yourself surrounded on all sides by angry faces dressed in shabby clothes, some faces covered with bandanas or ski masks. People are chanting something you can’t quite understand, like a private joke you’re not allowed to get. Or maybe they’re chanting at you. Read more →

I Am a Right-Leaning Libertarian

What political label do you give yourself? Yesterday, I blogged about calling myself a Republican. I was a kid. Then, from about 1996 on, I called myself a conservative. Over the past year or so, I’ve taken on the label of libertarian. Now, a simple online test confirms that I’m a right-leaning conservative. [Take the test yourself] That’s exciting, because I feel like I need a new label. Labels Matter I know there was a movement a couple of years ago to abolish political and ideological labels. Read more →

What Scrooge Teaches Millennials

_This is the fourth in a series. If you haven’t, please read part 1_, _part 2, and _part 3_. _ Because so many school systems have driven great English literature out of students’ hands and minds, it’s possible that some kids never read Charles Dickens’s A Christmas Carol. If you’ve never read this classic, please do so now. You need it. Back? Good. Fascinating stuff, isn’t it? And so much more accessible than David Copperfield, which was my introduction to Dickens. Read more →

Peering Into the Future from the Past

Check this out: As far as the market drop and the comeback of the market, I’d just like to pass along the following information. I stand in the Ten-Year Treasury-Note pit in the Chicago Board of Trade. The name of the room I trade in is the Financial Room. We trade the commodities that represent most of our national debt. When the gov., sells debt, the buyers of that debt have to hedge somewhere. Read more →

Don’t Look for Quick Fixes

According to a book by historians Neil Howe and William Strauss, history follows a fairly predictable pattern, rotating in cycles equal to a long human life. The book, _The Fourth Turning_, was written in 1997. Read it. If Howe and Strauss are right—and so far, they’re dead on—then we recently entered a Fourth Turning in the current saeculum which they named “millennium.” What is a Fourth Turning? The Fourth Turning is a Crisis, a decisive era of secular upheaval, when the values regime propels the replacement of the old civic order with a new one. Read more →