The trade war is just getting started. On Thursday, President Donald Trump signed an executive memorandum that would institute tariffs on $60 billion in Chinese imports. The president’s latest efforts were to combat alleged theft of American intellectual property by Beijing. Well, as expected, China retaliated by implementing its own set of tariffs. On Friday, […]
Archives for March 2018
WATCH: CNN embarrasses itself with extensive porn, strip club coverage
Will the Counterfeit News Network ever shut down its propaganda operations? The ratings are collapsing, fake news is harming its reputation, and the network employs numerous double standards. After more than a year of spending every newscast focusing on Russia, CNN has found a new topic to obsess over: sex. That’s right. The same channel […]
Jerome Powell says Federal Reserve doesn’t subsidize Wall Street – huh?
By: Tho Bishop The Federal Reserve continues to slowly increase the federal funds rate from 1.5 to 1.75 percent today, the first such decision of the Jerome Powell era. More interesting is that, when asked during his press conference, Chairman Powell dismissed the idea of the Fed’s Interest on Excess Reserves (IOER) policy as a subsidy to Wall Street. IOER is the […]
U.S. debt climbs $1 trillion in six months, Rand Paul slams GOP on spending
So much for fiscal conservatism… The Republicans are as much big spenders as the Democrats. History has shown this each time the GOP takes over the White House, House, and Senate. The spending doesn’t stop or slow down. It accelerates. With the $1 trillion-plus spending fix Senate Majority Leader Mitch McConnell wants to impose for […]
Trump to announce new tariffs on China over IP theft
President Donald Trump will roll out new tariffs on Chinese imports by Friday, Reuters is reporting. U.S. Trade Representative Robert Lighthizer told the House of Representatives Ways and Means Committee that he thinks new tariffs can stop the world’s second-largest economy from stealing intellectual property from American companies. “We are losing that to China in […]