Well, fortunately, common sense prevailed. It was confirmed that Democrats have put the kibosh on a proposal to slap a tax on “unrealized capital gains.” This was meant to generate revenue for President Joe Biden’s $2 trillion social and climate change bill. From CNBC: Almost all households (98%) in the top 10% have some sort […]
Money
The coming Biden-OPEC war?
By: Andrew Moran President Joe Biden is locked in on a collision course with the global energy sector, mainly America’s oil and gas behemoths and the Organization of the Petroleum Exporting Countries (OPEC). The president may not have realized, but he has fired an opening salvo in his war on fossil fuels, leading to a […]
BLACK FRIDAY: Financial markets in selloff mode as WHO discovers new mutated variant
Black Friday deals have come to Wall Street! The World Health Organization (WHO) has discovered a new COVID-19 variant, warning that it has been heavily mutated. Cases have been found in Botswana, Hong Kong, and South Africa. Belgium also confirmed on Friday that it has reported cases of the variant, which experts say is likely […]
Here we go again? Janet Yellen rings the old debt ceiling doomsday alarm
By: Andrew Moran ‘Tis the season to either feign outrage over the national debt or proclaim that the U.S. government needs to spend more to avoid economic catastrophe. A month after Republicans and Democrats agreed to kick the can down the road, allowing the Treasury Department to swoop in and rescue the administration, Treasury Secretary […]
Your Thanksgiving feast for 10 will cost 14% more this year
Well, it’s official: Your Thanksgiving feast is going to cost a whole lot more this year. According to the American Farm Bureau Federation (AFBF), a Thanksgiving dinner for ten will be $53.31, up 14% from last year’s average of $46.90. The biggest contributor will be the turkey as a 16-pound bird will cost $23.99. Nearly […]