Category: US
The Real Problem with AOC’s Tax Hike
Americans seem to be getting on board the ‘tax the rich’ train faster than they can sell tickets for it. Envy is readily disguised as ‘virtue signalling,’ and larceny is easily confused with reducing ‘inequality.’
The Billionaire Backlash Is Coming
What happens to the money the feds tax away from the elite? Where does it go? Back to its rightful owners? Does it boost working-class wages?
Bill Bonner: Seeing Eye Human
Untying the US economy from China is not possible. The relationship is sick…but symbiotic. The US provides the fake money. China provides the cheap stuff.
A Big Loser from the US Government Shutdown
This is now the longest government shutdown in US history, and no one has any clue as to how much longer it will last.
This Gov’t Shutdown Has Me Tickled Pink
It’s been almost a month since the shutdown began. As you’d expect, nobody’s happy with this scenario…Except me.
Donald Trump and Alexandria Ocasio-Cortez Will Join Forces
The private sector faces a recession. Wall Street sees a bear market coming. In Washington, tax receipts will fall…as costs continue to rise.
Trillion-Dollar Deficits From Here to Eternity
In America today, it is almost impossible — politically — to cut government spending or to raise taxes. That leaves debt as the only way forward.
The Greatest Comedy of Modern Politics
Government, always and everywhere, is a way for the few to exploit the many. Modern democracy depends as much on fraud as force. Elite conquerors pretend to respond to the ‘will of the people.’
Mr Market Will Have the Last Laugh
The US government funded the boom of the last 30 years with debt — which increased, year after year, 2-4 times faster than the GDP needed to pay it.
The Most Absurd Myth of the 21st Century
Assets, markets, companies, and empires rise and fall. But now comes the most absurd myth of all — that the feds can ‘manage’ and ‘guide’ the economy,
The Trouble With ‘The Wall…’
The Donald goes to ‘The Wall’ and the debate goes on. Meanwhile, we’re losing ground financially. The country is at least $1.2 trillion poorer today than it was in 2016.
Donald Trump: Swamp Man
In his talks with Democrat leaders yesterday, POTUS apparently lost his temper. He slammed his hand down on the table and walked out.
This Economic Slowdown Is Setting Off Alarm Bells
It took them months to admit what was already obvious to most of the population. That is, that the economic ‘slowdown’ was in fact a full-blown crisis.
Alexandria Ocasio-Cortez: A Danger to The Nation
A big, new danger appeared in Congress this month: Alexandria Ocasio-Cortez, the newest representative of New York’s 14th district.
Trump Is Trapped
Stocks advanced a little yesterday. Investors were said to be hopeful about the upcoming trade talks with the Chinese. With a little luck, President Trump will talk to Chinese President Xi Jinping about the ongoing trade war. He’ll announce a