A growing number of governments are beginning to clamp down on the cryptocurrency market. Binance, the world’s largest crypto exchange, was banned by the United Kingdom’s Financial Conduct Authority (FCA). The nation’s chief financial regulator stated that the company “is not permitted to undertake any regulated activity in the U.K.” Beginning on Wednesday, Binance must […]
Federal spending surges, state spending falls — Why? Ask the Fed
By: Ryan McMaken In the wake of the Covid Recession and the drive to pour ever larger amounts of “stimulus” into the US economy, the Federal Government in 2020 spent more than double—as a percentage of all government spending—of what all state and local governments spent in 2020, combined. By the end of 2020, the […]
LIES: Kamala Harris claims she was always going to the U.S.-Mexico Border
Vice President Kamala Harris was in El Paso, Texas on Friday as part of efforts to resolve the border crisis. When asked why right now was the time to make her first trip to the border. Harris lashed out: “It’s not my first trip, I’ve been to the border many times.” As a senator, this […]
BIDENOMICS: Consumer spending stagnates, inflation climbs higher
Consumer spending stagnates and inflation strengthens. This is life in the United States economy? According to the Bureau of Economic Analysis (BEA), personal spending was flat at zero percent in May, falling short of the market forecast of 0.4 percent. This is down from the 0.9 percent gain in April. It is clear that consumers […]
WATCH: An inside look at America’s coming Baby Bonds program
Is a new baby boom coming to America? The U.S. government is about to embark upon a new entitlement program called Baby Bonds. The objective of the program is to get every child a $1,000 savings account, in addition to the child benefit under President Joe Biden’s $1.9 trillion spending scheme. How will this work […]