The Day Nixon Nuked the Dollar: How Vietnam, Jekyll Island, and Fiat Money Ruined Everything
On August 15, 1971, Richard Nixon took to the airwaves and delivered the financial equivalent of “Let them eat cake.”
Economy
The Dollar: America’s Greatest Weapon and Its Achilles’ Heel
The U.S. dollar: it’s our crown jewel and our ticking time bomb. For decades, the world has bowed to the almighty greenback, not because they love it, but because they have no choice.
How the Government Turned the Perfect Gas Can into a Useless Science Fair Project
Once upon a time, there was the Jerry can—a marvel of German engineering that made carrying and pouring fuel as easy as pie.
Two Decades in Mexico: A Honeymoon, a Return, and a Lesson in Time and Money
In 2004, my wife and I celebrated our honeymoon in Mexico. Back then, the peso exchanged at approximately 10 pesos to 1 U.S. dollar.
Marc Andreessen on Joe Rogan: ‘CFPB…Gets to Run and Do Whatever It Wants’
Dodd-Frank and its CFPB were allegedly supposed to rein in the Big Banks. They have instead murdered thousands of small banks, thereby helping to make the Big Banks 30+% bigger.
Oligarchs for Democracy?
An Oligarchy is “a government by the few.” So, when the transitioning Trump Administration puts together the duo of the richest man on the planet and a young, almost-billionaire to defund the Deep State Elites in government is the irony unseen?
And the horse Walmart rode in on; Sam Walton championed American factories. His heirs cheer Red China’s.
If tariffs are as inflationary as Fortune and Walmart claim, then why was the annual inflation rate only 1.9% under President Trump even after he imposed tariffs on Red China?
The Wailing and Gnashing of Teeth Has Begun
President Trump and Elon Musk have proposed a government efficiency commission designed to cut $2T from the federal government.
The True Cost of Rockefeller: How One Man’s Greed Built a Legacy of Suffering
John D. Rockefeller, once the world’s richest man and the godfather of the modern corporation, may be hailed by some as a “philanthropist,” but his so-called charity is little more than a feeble smokescreen to cover the harm he caused to society.
BRICS and the New Economic Warfare: A Battle Beyond Diplomacy and Elections
The global landscape is shifting, and the BRICS alliance (Brazil, Russia, India, China, and South Africa) is emerging as a formidable economic bloc, challenging traditional Western dominance.
Schadenfreude!
While it was not the reason that I voted for former, and now future President Donald Trump, I will admit to hoping for some major schadenfreude concerning the left if Mr Trump won. Well, he did win, winning the popular vote as well as the electoral college vote, and not that narrowly. As of 8:15 …
The Bidenomics Chickens Have Come Home to Roost
Our award winning economists are either more dedicated to the propaganda than the truth, or they don’t understand the difference between wealth creation and wealth redistribution.
Not Going Back? Why The Hell Not!
The last three years and nine months have not been “Morning in America.” Hopefully after this Tuesday, our long national nightmare is over. Saturday I was watching South Carolina upset Texas A&M (Aggies, this is a tackle football game, in case you forgot), thinking how many of my A&M alumni friends are likely drinking away …
End income tax, starve the beast It is your money, not the government’s
State income taxes are small compared to the ravenous federal income tax which gobbles more than $2 trillion a year from the nation’s economy, or roughly 10% of the GDP.
Mainstream Media: Where Advertising Dollars Outweigh the Truth
It’s no secret that our mainstream media companies prioritize advertising revenue over the truth, and nowhere is this more obvious than in their cozy relationships with big pharma and the military-industrial complex.
The Economy and the Election – With Just Days to Go
A century ago, relatively few Americans had investments. The stock market was for the rich – or so we thought.
Buckle Up, Buttercup: When You Think Things Can’t Get Worse, You’re Wrong
If you thought things were complicated now, buckle up, because the worst-case scenario for a Harris administration would make our current political mess look like a pleasant Sunday picnic. Sure, you might think, “How bad can it get?”
Destroying Social Security & Medicare, One State At A Time: Keep An Eye On YOUR Blue State
The more foreign nationals Biden illegally imports, the more benefits & privileges they are given, the more American citizenship is degraded.
Kamala Harris Promises Price Control … and a Few Unintended Consequences
Ayn Rand masterfully illustrated in her novel that government attempts to regulate the economy are destined to failure, because they are based on a denial of reality. Attempts to cheat the laws of economics lead to unfortunate consequences, because they are based on false assumptions about human nature.
If the Dow Keeps Climbing, Things MUST Be Okay! Right?
Frankly, the stock market has roughly held even with inflation since Jan 20, 2021. It hasn’t really grown, it’s been flat, by expanding in ever-more-worthless currency.