Remember Herman Cain? He ran for president in 2012 for the Republicans and became a frontrunner for a brief period thanks to his 9-9-9 plan. This consisted of a nine percent sales tax, a nine percent income tax, and a nine percent corporate tax. He proposed that his idea would replace all of the existing […]
Archives for January 2019
Trump tweets about stock market for first time since Halloween as Dow tops 25k
President Donald Trump has not commented on the stock market since October, when new highs were being made on an almost daily basis. Since then, however, he has refrained from remarking on equities. Now that the market is riding high again, Trump is tweeting. With the Dow Jones climbing above 25,000, the president tweeted: “Stock […]
AOC and another terrible, horrible, no good, very bad day
It seems like whenever Representative Alexandria Ocasio-Cortez (D-NY) speaks she embarrasses herself. From claiming the being morally right trumps being factually correct to claiming that the unemployment rate is low because everyone works two jobs, AOC hasn’t exactly been the intellectual that some had hoped for. This week, she had another terrible, horrible, no good, […]
Two questions for Jamie Dimon on higher taxes on the wealthy
Ever since Senator Elizabeth Warren (D-MA) proposed a wealth tax on net worth and Representative Alexandria Ocasio-Cortez suggested a 70 percent marginal tax rate on the “tippy top,” the left has been salivating over the prospect of hiking taxes on the rich. In an age of envy, this is the most desirable policy, even if […]
Are gold, silver finally headed for a big rally in 2019?
By: David Smith Two years ago at a conference during which I both presented and attended, a Keynote speaker, “Rich Dad” Robert Kiyosaki, introduced me to a different way of looking at things. He posed the question, “How many sides does a coin have?” The correct answer is “three.” The front (obverse), back (reverse) and… […]