Rejoice! In response to the economic fallout from the Wuhan coronavirus, President Donald Trump and his administration announced that the April 15 tax deadline will be postponed for 90 days. The federal government will also waive interest and penalties. If you have filed your taxes or you plan to do so on schedule, your returns […]
Archives for March 2020
HYPOCRISY: Canada shuts down border over COVID-19 pandemic
By: Mark Angelides Canada finally appears to have been infected with that certain thing sweeping the globe in recent weeks: common sense. After much posturing and virtue-signaling, Prime Minister Justin Trudeau has decided to join the xenophobes and close his nation’s borders to prevent further infections of COVID-19. Trudeau, speaking from self-isolation in his Ottawa home after […]
U.S. stock market set for another day of losses as stimulus fails to boost equities
The Federal Reserve is pumping billions more into financial markets, in addition to the latest $1.5 trillion announcement. The United States government plans to spend about $1 trillion, including stimulus checks for every American. Some companies are announcing human trials for vaccines. And what happens? The stock market is set for another loss on Wednesday. […]
Bernie Sanders socialism vs. Donald Trump socialism
By: Tyler Curtis Is reelecting Donald Trump the only way to stem the tide of socialism in America? With self-described “democratic socialist” Bernie Sanders still a strong contender for the Democratic nomination, many on the right, including the president himself, argue that only by voting for Trump can socialism be abated. “America will never be a […]
Gold crashes as global markets hit with $12 trillion margin calls
Many gold bugs are wondering why precious metals are crashing in the middle of the market mayhem. Aren’t gold and silver supposed to be safe-haven assets that protect you from the meltdowns? This should satisfy your curiosity: The world has been hit with $12 trillion margin calls. When margin calls happen, traders will liquidate their […]