By: Andrew Moran In response to the Great Recession a decade ago, the international community fired off the big guns to stave off the inevitable decay of the global economy that had been manipulated and distorted through the Keynesian doctrine. Despite the massive fiscal and monetary stimulus at the time, many countries failed to recover from the […]
Archives for May 2020
HERE WE GO AGAIN: More calls for the Fed to adopt negative interest rates
Financial markets want subzero interest rates? Well, the fine folks at Bloomberg are at it again, promoting the idea that the U.S. economy needs negative rates to survive the coronavirus pandemic. Recently, Former Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said that the U.S. central bank has no reason not to brings rates into […]
Random Friday: 20.5 million lost jobs, Uber Eats, Joe Biden fail
News Story of the Day: It was a blood bath in April, but the United States economy was not hemorrhaging as bad as the experts had predicted. Last month, the U.S. lost 20.5 million jobs, less than the 22 million economists had predicted. The unemployment rate shot up to 14.7 percent, which was less than […]
Bay of Pigs invasion in Venezuela? Nicolas Maduro claims failed U.S.-led coup attempt
By: Mark Angelides In what is slowly being spun as President Trump’s version of the Bay of Pigs fiasco, Venezuelan President Nicolás Maduro is insisting that two U.S. servicemen captured on Venezuela’s Caribbean coastline were part of a Washington-backed coup to remove him from power. But is this all part of an elaborate hoax to either garner […]
HYPOCRISY: Leftists believe Tara Reade allegations, still support Biden to beat Trump
Well, that turned out to be a disingenuous and hypocritical movement. Despite its chief demand to BELIEVE ALL WOMEN, the #MeToo folks are now pivoting and rejecting this request because the man facing President Donald Trump in November is facing sexual assault allegations. In fact, leftists are not only tergiversating, #MeToo no longer cares about […]