debt

Don’t Bailout The Share Buyback Queens

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...

Millennial Success Threatens Default Keynesian Fed-Heads

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...

Peter Schiff Style, Roast of Democrat Economics

Peter Schiff Style, Roast of Democrat Economics

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...

Deficits Don’t Matter

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...

Year Zero: Bin Laden’s Victory

Year Zero: Bin Laden’s Victory

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...

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