By: Ryan McMaken In recent days governments in Australia, Europe, and the US have moved toward imposing a new wave of forced lockdowns in the name of fighting the spread of COVID-19. Australia has imposed harsh new lockdown measures, including a curfew from 8 pm to 5 am. CNN reports: Those restrictions include a curfew […]
Archives for August 2020
REINCARNATION: Bankrupt companies unfile to receive PPP loans, go bankrupt again
The pandemiconomy gets weirder and weirder as time goes by. First we have dumb money flooding financial markets. Then we have unlimited asset-buying by the Federal Reserve, as well as unlimited money-spending by the federal government. Then we have companies that raise millions but don’t do anything. Now we have bankrupt companies that unfile to […]
WATCH: From Scientology to a fake Native American, Joe Biden’s finalists
Senator Kamala Harris (D-NY) has a terrible record as a state attorney general, especially from a progressive vantage point. Senator Elizabeth Warren (D-MA) claimed to be a Native American and took advantage of the status. Representative Karen Bass (D-CA) has an affinity for Fidel Castro and Scientology? Yikes. Bring on Tulsi Gabbard.
Does the Federal Reserve have an escape plan?
By: Robert Aro Fed Chair Powell would shock the world if he said something like this: The Federal Reserve’s response to this crisis has been guided by our mandate to promote maximum employment and stable prices, along with our responsibilities to promote the stability of the financial system. The problem is that these are misguided policies […]
Gold soars to another all-time high, silver rallies 5%
Gold continues to glitter, silver continues to spike. The precious metals are booming on Tuesday on a whole host of issues, from inflation fears to stimulus spending to the mysterious explosion in Beirut, Lebanon. December gold futures spiked $35.50, or 1.79 percent, to $2,021.70 per ounce. September silver futures surged $1.408, or 5.77 percent, to […]