Fiat currency the fuel of leftists – will the Fed rescue us from wealth inequality?
November 29, 2019 06:13 Posted in: Economy, Policy - From Bernie Sanders to Warren Buffett, many say that US wealth inequality is a problem. In 2019, big ideas about how to solve it have been in the air. One of the most unlikely solutions is emerging from the Federal Reserve (Fed) ... Ut oh. Neel Kashkari, the outspoken dove at the Minneapolis Fed, says monetary policy can play the… Continue Reading
First Pilgrims tried SOCIALISM, it FAILED – your lesson to learn this Thanksgiving Day
November 28, 2019 09:35 Posted in: Economy, Policy - Gun Enthusiast Speaks - Bernie Sanders is a proclaimed Socialist, and he campaigned on the idea of bringing more socialist ideas to the government if he were elected President. Bernie criticized Elizabeth Warren as a capitalist, but the reality is they are two peas in a pod - socialists. Bernie thinks that socialism is a new great idea and right… Continue Reading
Hong Kong feels the boot on the neck from COMMUNIST China
November 19, 2019 03:51 Posted in: Economy, Events - South China Morning Post - While we are all watching the clown impeachment hearings, there are other things going on around the world. A day after tear gas and violence returned to Hong Kong’s streets, following a week’s respite, two more protests are being held on Sunday afternoon. And all eyes are on whether the 12th straight weekend of anti-government… Continue Reading
Impeachment looky here, does the Fed have a plan B?
November 13, 2019 23:24 Posted in: Economy - You would have to be living under a rock if you haven't been watching the impeachment clown show of President Donald Trump in the U.S. House of Representatives. Democrats are having a political orgasm. The Republicans are shaking their heads in disgust. Everyone understands that the impeachment hearings are going nowhere - Trump won't be convicted in the Republican-held Senate.… Continue Reading
Chicago Teachers strike wins a free ride down the toilet
November 12, 2019 15:39 Posted in: Economy - The Chicago Teachers Union reached a landmark tentative agreement for a new contract with Chicago Public Schools. According to the teacher's union, this historic agreement recognizes and values the voice and experience of Chicago educators, and turns the page and provides a new pathway for the union and its rank-and-file members to do right by students and families - so… Continue Reading
Trump Economy charge stocks to new highs, what next?
November 7, 2019 08:32 Posted in: Economy - The media world continues to struggle with the Trump economy - and yes, we can now say it is a Trump economy that is fully into the Trump era. President Trump often says the US economy is on a historic high, perhaps the greatest it's ever been - stock markets seem to hit new highs every month. However, many media… Continue Reading
Economy October 2019, still going strong
November 5, 2019 22:08 Posted in: Economy, Trump - "It's the economy, stupid," a slogan James Carville coined as a campaign strategist of Bill Clinton’s successful 1992 presidential campaign against sitting president George H. W. Bush. So where are we at in terms of the U.S. economy heading into the U.S. 2020 presidential elections? As a backdrop to the recent data dump of PMI reports (click here), the trade… Continue Reading