From Wolf Richter at Wolf Street. The Trump administration is considering a $850-billion stimulus package (bailout) for corporate America. This includes a bailout for the airline industry - the same airline industry that spent the past few years spending cash and...
God forbid my generation gets ahead. Ladies & gentlemen, boys and girls, I give you Default Keynesian 101. Today’s “economists” demonize my fellow millennials’ practice of fiscal responsibility. It’s a miracle my generation can express financial-sovereignty at the...
Democrats argue for a high minimum wage, as they criticize Reaganomics for causing unemployment. But they have the situation backwards. The Minimum wage causes unemployment, and Reaganomics caused a financial boom that for decades created wealth that rose the middle...
Until they do. The federal budget deficit for 2019 is estimated at $984 billion, a hefty 4.7 percent of gross domestic product (GDP) and the highest since 2012, the Congressional Budget Office (CBO) said on Monday. The difference between federal spending and revenue...
On the 1 year anniversary of Year Zero, episode 65, Tommy looks at the effects of 9/11. Given all the lies told by the US government surrounding 9/11 It's easy to see why the truther community still grows and thrives. So much so that one must wonder if the...
Private property isn’t about selfishness so much as it’s about creative control. Someone might want to have their own business, not because they’re greedy, but because they have a vision of how they want things to go that won’t be realized if everyone else gets a say...
John Cleese and the Monty Python troop were seers in the 1970s. I am fond of saying the British win all their military victories in spite of their best efforts. The IED virus is destroying the institution. The British Army is reducing security checks in pursuit of...
No matter how bad either side gets the other side can only try to outdo them. The Post: On Wednesday, they passed the Antisemitism Awareness Act, which its advocates said would empower the federal government to crack down on anti-Israel protests on campuses by...
[I]f this were truly a “white supremacist” society, being called a white supremacist would be a badge of honor, not a professional death sentence. – Thomas E. Woods, Jr.
Trend-lines on military aviation accidents are edging upwards to rival in the commercial aviation industry in mishaps. Not only is this a barometer for readiness and training but an indicator for the emerging competency crisis plaguing the West. Peacetime military...
As we reported at the time, marines slaughtered innocent people after the bombing. The perfect clusterfu*k of an ending to a perfect clusterfu*k of a war. Watch US Marine’s GoPro footage that challenges Pentagon’s account of attack at Kabul airport...