By: Ryan McMaken One of the more persistent myths about capitalism is that wealth and resources are “wasted” when spent on luxuries. But now this waste has reached a new level. Thanks to our abundant wealth in the developed world, we’re no longer just spending money on luxuries for ourselves. We’re “wasting” it on our pets, […]
Archives for October 2018
U.S. deficits swells to $779 billion in Trump’s first full fiscal year
President Donald Trump and the Republicans are not taking America’s finances seriously. Despite lambasting the previous administration for increasing the national debt and maintaining years of reckless spending, the GOP has refused to be fiscal conservatives. Trump recently completed his first full fiscal year in the White House and the numbers are not good. According […]
Investor Alert: Is the Trump Agenda in Peril?
By: Stefan Gleason Is the Trump agenda in peril? It’s a question investors should consider ahead of the mid-term elections. Up to now, the Trump economic agenda has certainly been great for Wall Street and much of the broader economy. The Dow Jones Industrials continues to defy all naysayers – notching yet another new record […]
MIND READER: Chris Cuomo says Trump looked like had racist thoughts in Kanye meeting
So, not only is the Counterfeit News Network filled with conspiracy theorists, racists, and fake news extraordinaries, it is also comprised of mind readers as one host knew what was going on in President Donald Trump’s head. Talking about Kanye West’s odd trip to the White House last week, host Chris Cuomo took an “educated […]
Donald Trump: ‘My biggest threat is the Fed’
When was the last time a sitting president attacked the Federal Reserve as much as President Donald Trump? There isn’t a day that goes by where he doesn’t slam the central bank for its policies. If only he went after the Fed for different reasons… Speaking in an interview with the Fox Business Network on […]