By: Ryan McMaken Earlier this week, President Trump allegedly disparaged Haiti, describing it as “sh*thole.” The response has been what you might expect. It’s been a torrent of demands for apologies from the Trump administration and commentary on how “troubling” Donald Trump’s views are. Upon hearing of such comments supposedly directed at Haitians, a well informed person might be […]
Archives for January 2018
Facts vs. Opinion: Americans think average business profit margins are 36%
Energy, rent, labor, inventories, shipping, and a host of variables. Suffice to say, businesses – large and small – face an enormous amount of costs that eat away at their revenues and overall bottom line. Profit margins are thin. For instance, if you own and operate a restaurant, your profit margins are anywhere between one […]
TAKE A BOW: Economists credit Trump, not Obama, for recent boom
If you’re unaware of the Federal Reserve’s money-printing, economic manipulation, and debt monetization ways, then you’d think President Donald Trump was the cause of all this greatness in the United States. To a certain extent, some of Trump’s policies have been effective, such as slashing the corporate tax rate to 21 percent and cutting regulations. […]
Are earmarks unconstitutional? Ron Paul explains
By: Ron Paul Last week President Trump urged Congress to reassert its constitutional authority to direct how federal agencies spend taxpayer dollars. Ironically, many constitutional conservatives and libertarians disagree with the president. The reason is, President Trump wants Congress to reassert its authority by bringing back earmarks. Earmarks are line items in spending bills directing […]
IRRATIONAL EXUBERANCE: Dow makes history by hitting 26k for first time
The Dow Jones made history on Tuesday, hitting 26,000 for the first time in history. At the time of this writing, the Dow Jones Industrial Average is up 140 points to 25,943. Here is what investors are looking at: Despite money-printing and a bubble induced by the Federal Reserve, it is truly remarkable to witness […]