By: Ryan McMaken More than half of Americans receive more money in various types of government transfer payments (Medicare, Medicaid, food stamps, Social Security) than they pay in federal taxes. According to a report released this year by the Congressional Budget Office, only the top two income quintiles in the United States pay more in taxes than […]
Archives for October 2018
Trump: Jerome Powell ‘almost looks like he’s happy raising interest rates’
The Federal Reserve is not making President Donald Trump happy as the real estate billionaire mogul went on the offensive once again. Speaking in an interview with The Wall Street Journal, President Trump accused Fed Chair Jerome Powell of putting the national economy at risk because it is raising interest rates. He also complained that […]
BREAKING: Trump, Putin to meet in Paris on November 11
Here is a move that will certainly upset the neoconservative-leftist alliance: President Donald Trump and Russian President Vladimir Putin plan to meet in Paris next month in Paris, says White House national security adviser John Bolton. Speaking in Moscow on Tuesday, Bolton revealed to reporters that the administration is making arrangements that will have Putin […]
How the Midterm Elections Might Affect Gold and Silver
By: Clint Siegner The outcome of the November 6th voting will be a big deal for investors, including gold and silver bugs. The metals, perhaps more than most other asset classes, are sensitive to geopolitics. Let’s break down what the potential voting outcomes might mean for the factors currently driving the metals. Let’s start with […]
Paul Volcker whines ‘nobody believes in the leadership of the country’
The political class is upset that the population doesn’t support, trust, or believe in established institutions anymore. From the central bank to the federal government to the education system, a lot of people are becoming skeptical – and it was about time. But this isn’t pleasing some of the elite, including former Federal Reserve Chair […]