Author: admin

A financial crisis and a tornado: prepare and prevent

On the morning of Monday, Oct. 19, 1987, after some troubling trade data and Washington rumors over the previous week, stock markets around the world went into free-fall. Over that one day, the Dow Jones Industrial Average fell 22.6 percent, the largest one-day drop in the history of the index. Fourteen markets around the world fell […]

Eat the Rich? They’re Not Even Filling

The latest billionaire list is peanuts next to what progressives want. Forbes is out with its annual billionaires list, so it’s time for a reminder that even if progressive politicians ate the rich, it would barely take the edge off their hunger. President Biden’s recent budget plan includes a disguised wealth tax on centimillionaires, and he’s […]

Ron Paul: Joe Biden’s Big Government Spending Plan

The annualized interest payment on the $30-plus trillion US national debt increased by over $16 billion in just six months. With the COVID crisis seemingly in the rear-view mirror, the economy allegedly strong, and the Fed raising interest rates to supposedly fight inflation, you’d think this might be a good time for the government to address […]

Reed criticizes DC for growing deficit

U.S. Rep. Tom Reed believes the United States’ future is at risk, not because of growing tensions with foreign leaders, but because of its increased debt On Wednesday, Reed talked about President Joe Biden’s $5.8 trillion budget proposal, calling it “a political document,” something Democrats and Republicans are both guilty of.“It’s not really about trying to address […]

‘A heap of trouble’: Sen. Romney on national debt

During a Budget Committee meeting on President Biden’s $5.8 trillion Fiscal Year 2023 budget, U.S. Senator Mitt Romney (R-UT) discussed the urgent need to tackle the national debt. The Utah senator uses examples of collapsed economies from around the world, citing Greece and Italy, to warn of what the U.S. could face if we continue […]

Biden’s budget would bankrupt America, put national security at risk

Fiscal sanity and economic strength are foundational to national security Is America serious about survival in this increasingly dangerous world? President Joe Biden’s $5.8 trillion budget says no. So does the recent $1.5 trillion earmark-filled spending bill. They send the message that America doesn’t care about the fiscal sanity and economic strength on which our national security […]