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...
Located nearly three hours drive from Adelaide, the property rested in the South-East. The nearest township a good thirty minutes if you pushed your vehicle over dirty unselaed road. It was a job that a mate threw my way, help out some old timers that he knew through...
He lies about everything. This time it's his uncle Ambrose who was lost at sea during WWII. Genocide Joe lies that he was eaten by cannibals, smearing the people of Papua New Guinea, who fought as America's allies in that war.
COL John Boyd was quite the maverick in the military ranks and rocked the boat all the time. You will not though incredibly capable, he was never promoted to flag rank. One of the best insights he ever gave was that when one distills strategy simply, it is:...