By: Mark Angelides Late Tuesday night, the Budget Committee reached an agreement to complete President Joe Biden’s infrastructure plan by allotting $3.5 trillion in a sweeping spending proposal. The money is to be used to fund a reconciliation package, which means that Senate Democrats would be able to avoid the filibuster and – for all intents and […]
Archives for July 2021
Biden administration warns Americans to expect rapid inflation spikes
It turns out that the White House and the Federal Reserve got the classic Marx Bros. joke: “Who are you going to believe? Me or your own eyes?” The Biden administration finally admitted that rapid inflation is here and that there will be several more months of these inflationary spikes. “We will have several more […]
A Message from the Robert Wenzel Family
Here is a message from the family of Robert Wenzel: We are deeply saddened to announce the passing of Robert Wenzel. Robert passed away peacefully in his sleep on May 25th, 2021 in San Francisco, CA. He was 63. Robert was buried in a private ceremony for family and close friends at Tulocay Cemetery in […]
Fighting against socialism? Cuba uprising gives hope to abandoning lethal ideology
By: Andrew Moran A Cuban revolution in 2021? The island nation’s economic and political collapse had been in the making long before the coronavirus pandemic seemingly exacerbated its plight. From food shortages to deteriorating health care infrastructure, Cuba has been on the brink of national indigence for many years. The Castro revolutionaries might desire equal outcomes, but […]
IN DENIAL: Federal Reserve insists inflation will moderate after running hot in June
In June, the U.S. annual inflation rate surged to a 13-year high of 5.4 percent, coming in higher than most estimates. Even on a month-over-month basis, the consumer price index (CPI) edged up 0.9 percent, more than double the market forecast. Most Wall Street surveys anticipate that inflation will run hotter for longer, potentially for […]