By: Antón Chamberlin Last week on September 9th, a gas pipeline in Alabama began leaking, significantly shrinking the supply of gasoline in the Southeast, including the state of Georgia. This pipeline alone is estimated to supply the East Coast with up to 40 percent of its gasoline. Pipeline volume has still not returned to normal, […]
Archives for September 2016
5 random things for Friday (NIRP hurting bank stocks, Tom Woods quote, why is Hillary Clinton yelling at us?)
News Story of the Day: former Federal Reserve Chair Alan Greenspan thinks the current bullish rally in the bond market is unsustainable. In fact, according to Greenspan, the bond market has already reached its peak. “Whenever you have a bull market, it looks as though it is never going to turn,” Greenspan told Bloomberg Television […]
Meltdown: Clinton campaign manager interview with MSNBC ends in disaster (video)
Hillary Clinton campaign manager Robby Mook appeared on MSNBC on Wednesday to discuss an array of issues, particularly Syria and Clinton’s foreign policy in the region. Let’s just say that the interview didn’t go very well, which is surprising considering how much MSNBC has bet big for Clinton. You can watch the clip embedded below.
Donald Trump, Hillary Clinton would add more to the federal debt: report
Whether it’s Donald Trump or Hillary Clinton in November, you can guarantee the national debt will go up. If Republican nominee Donald Trump is elected in November and his proposals are enacted then the national debt would expand by an additional $5.3 trillion over the next decade. If Democratic nominee Hillary Clinton is elected in […]
$1.9 trillion state, local public pension shortfall ‘storm cloud’ expected to worsen
There is a “storm cloud” coming in the nation’s state and local pension funds. The storm cloud is estimated to be $1.9 trillion, up by $510 billion since the end of 2013. And it is expected to grow in the years to come, which seems certain in today’s environment. According to Bloomberg News, the nation’s […]