A “modern leather” table lamp, listed online at Walmart, shot up from $24.99 to $39. The price of an air fryer on a retail site called Newegg went from $84.99 to $149.99. An electric ice-cream maker was listed at just $17.99 at Amazon and Best Buy. Then it became unavailable at Best Buy, and more […]
The Republican leader of Pennsylvania’s state Senate saluted his allies in labor earlier this month after their successful, years-long effort to defeat what they saw as a job-killing climate initiative. “Thanks to this repeal, the members of this union won’t have to pack suitcases to go to a job,” Sen. Joe Pittman declared while introducing
Power On: What PA’s Battle Over Climate Change Can Teach the Nation Read More »
Looking to reorient U.S. energy policy toward fossil fuels and nuclear plants, President Trump has access to an enormous sum of money made available by an unlikely source: the Biden administration and congressional Democrats. Legislation passed on party-line votes, most notably the $1 trillion Inflation Reduction Act, allocated hundreds of billions to the Department of
Biden’s Push for Renewables Funding Trump’s Push To ‘Drill, Baby, Drill’ Read More »
Two weeks ago, President Donald Trump shocked the banking industry by announcing his support for capping credit card interest rates at 10 percent for one year. When markets opened the next trading day, the stocks of the largest credit card issuers (Capital One, Citigroup, and JPMorgan Chase) and credit card networks (American Express, Mastercard, and
The Case for Capping Credit Card Interest Rates Read More »
Few people—even diligent media followers—are likely to speak knowledgably about the Bank of International Settlements (BIS). Yet, hidden in plain sight in a 20-story tower (with four more stories below ground level) in Basel, the BIS influences the leaders of the world’s top central banks and controls the global economy. Moreover, it cannot be questioned
The Shadowy Past Of The Secret Bank That Controls The World Read More »
Global manufacturers are fleeing China in favor of less expensive and more stable and predictable nations. For the Chinese Communist Party (CCP) and CCP leader Xi Jinping, U.S. President Donald Trump’s second term of tariff mania is “déjà vu all over again”—only much worse. A brief look back puts today’s situation in context. Trump Tariffs
The Great Manufacturing Migration out of China Read More »
Historically, April 15 has not been a good day. On April 15, 1865, Abraham Lincoln died after being shot in the head the previous evening. Researchers and historians have long debated the claim that John Wilkes Booth was the assassin…and that there was a much darker truth to the story, involving a “deep state” conspiracy
Beware The Taxman! Read More »
Congress feeds corporate greed with the latest farm bill, leaving local farmers and taxpayers to foot the bill. After handing Joe Biden and Kamala Harris everything they wanted on budget bills for the past two years, the duplicitous Republican-controlled House isn’t finished with its inflationary spending spree. Now, more than half of the House Republican
Nothing Changes: House GOP Greenlights $1.5 Trillion Inflation Bomb Read More »
For the sake of this conversation, let’s assume the American people are going to finally accept electric vehicles to replace in large part the fossil fuel cars and trucks. We all learn daily the downside of battery-driven vehicles: lack of charging stations, cost of batteries, and the costs of these battery-operated vehicles when compared to
Largest Lithium Reservoir On Earth Discovered Located In California Read More »
It appears that 2023 could be remembered as the year that marked the beginning of a new financial crisis. When Silicon Valley Bank and Signature collapsed in March, optimists argued that this was an idiosyncrasy driven by the banks’ large holdings of startup deposits. Shortly afterwards, when Credit Suisse fell, Americans shrugged it off as
Continued Bank Bailouts Will NOT Stop Pending Bank Failures Read More »
