News Story of the Day: Earlier this week, the U.S. Department of Agriculture (USDA) announced that it would be rolling out its $12 billion bailout to farmers on September 4, beginning with $4.7 billion in compensation. It’s a foolish policy, but what makes it worse is that it is straight out of the playbook of […]
Archives for August 2018
Cronyist Jeff Bezos destroys socialist Bernie Sanders over ‘misleading statements’
This should be good for some popcorn. Senator Bernie Sanders (I-VT) has been going after Amazon and Jeff Bezos recently, profiling a worker who earns less than $20,000 at the company and lives in her automobile. He has also offered some information that his target calls “misleading.” The socialist said in a statement: “Thousands of […]
Gas prices to hover around four-year highs after Labor Day weekend
You can expect to pay more at the pump this Labor Day long weekend – and beyond. Not only are national average gasoline prices hitting a four-year high, gas prices are going to go higher once the holiday comes to an end. The national average cost for gas is $2.85 per gallon, representing 43 cents […]
Inflation jumps to highest level in six years
We are beginning to see more signs that inflation is making its way to the United States. According to the Department of Commerce, U.S. consumer price inflation rose to a 2.3 percent annual increase, the biggest jump since 2012. From Bloomberg: Price measures were in line with analyst estimates. The Fed’s preferred inflation gauge — […]
Sonny Perdue: U.S. farmers want trade, not government aid
This week, the United States Department of Agriculture (USDA) announced that it will be allocating $4.7 billion in payments to farmers affected by the trade war with China and the rest of the world. A bulk of the bailout will go to soybean farmers, with the rest being spread out to wheat, cotton, and cattle […]