Loot and Lobby
Always and everywhere, the regime loots productive members of society to benefit corporate cronies, interest groups, and key voting blocs. The result is taxes, inflation, regulation, and war. TheLoot and Lobby Podcast takes a closer look at how this happens, and who’s on the losing side.
Tags:U.S. Economy
As the economy worsens, expect to see more articles from legacy media about how saving money is actually bad for the economy. It's an old Keynesian myth.
“Hate speech” does not exist. At all. That’s a concept the Left invented to justify state-enforced censorship of speech the Left doesn't like.
Tags:U.S. Economy
Senator Tim Kaine’s definition of “rights” as things created by government and human law is extremely dangerous because a government that creates rights can also abolish them.
Tags:U.S. Economy
A new July report shows Trump and the GOP Congress have joined forces to drive up federal spending to the highest levels since covid. The federal debt also just passed $37 trillion.
Tags:The Fed
There are many reasons for disliking the Federal Reserve. However, many critics of the Fed attack the Fed for the wrong reasons.
Tags:U.S. Economy
This week, interest rates spiked as Trump's spending problem convinced investors they want higher yields for trillions of new federal debt.
If a politician claims that he cares about the national debt, but then won't make big cuts to current federal spending, he's either a liar or a fool.
Trump has tried to claim that he favors "Main Street over Wall Street." Unfortunately, by pushing aggressive low-interest-rate monetary policy, Trump has put himself squarely in the camp of “Wall Street over Main Street.”
Tags:Taxes and Spending
Recent moves make clear the tax agency plans to grow, not fade away.
Does the US government need a gold reserve? No, it doesn't. The government's gold is basically an emergency slush fund for elites to use to preserve their political power.
Should we audit the US gold hoard? First, let's take a look at what the official numbers say about how big the US gold reserve is, where it is located, and how much it is worth in US dollars.
Activists in Illinois and Indiana are talking about changing the state borders so separatist Illinois counties can join Indiana. As you'd expect, many politicians hate the idea.
The gold in the US gold reserve is a legacy of the time the US government refused to keep its promise to redeem dollars in gold, and when it reneged on its legal obligations to repay debts in gold.
California secession would not change the US into a laissez-faire paradise, but the positive change would be immense.
No matter how the court rules on birthright citizenship (or anything else), it certainly won’t be the “last word” on the matter, and nothing is decided beyond the short term.
Europe has no countries that offer “birthright citizenship” anymore. The US and Canada are rare exceptions. Most countries that still have it are countries with net out-migration like Mexico.
In the 1870s and 1880s, and through the 1920s, it's clear that many legislators and judges did not agree that birthright citizenship applied to everyone born in the borders of the US. The modern interpretation is highly debatable.
Tags:U.S. Economy
If you thought federal deficits and spending would go back to normal after the covid panic, you were wrong. If anything, deficits are now on track to be bigger than the covid years.
One does not need to be an advocate of open borders to have concerns when one hears about a federal law enforcement agency engaging in a “crackdown.”
Since 1956, few presidential candidates have managed to get more than 51 percent of the vote in national elections.
Tags:Politics
Even if whole regions of the country vote overwhelmingly against a president, they are still forced to submit to four years of that president’s rule-by-decree.
The Fed wants independence so it can serve the interests of the banker class. There is no higher principle here. There is only power.
Tags:The Fed
The Fed claims things are going very well, but Fed Chairman Jerome Powell got three questions at the press conference that he had trouble answering honestly.
Job growth was only positive in October because of government jobs, funded by huge federal deficits.
Trump’s tax reform just replaces one tax with another. And would probably result in higher taxes.
In August, the money supply grew at the fastest rate in 23 months.
September's job numbers were driven by big increases in government jobs and part-time work.
The two-percent price inflation target is just a political slogan, and the Fed has many ways of ignoring its supposed two-percent target.
The Fed is desperate for you to think that "this time is different." Unfortunately, Powell can't seem to come up with an explanation of why that is the case.
The total number of employed persons has fallen by 66,000 since August of 2023. Moreover, the new job growth is almost all in part-time jobs.
Price inflation is never caused by greed. It's always caused by a growing money supply. The money supply has grown big-time since 2020, and now we pay a lot more for food and housing.
The Fed promises a soft landing, but the fact that the Fed now plans to start cutting interest rates is one of the strongest recession signals we can get.
The US will add another $2 trillion to the total debt this year, and the US is now spending a trillion of your dollars on interest per year. There is no end in sight.
We already knew recent jobs report—as far as the establishment survey is concerned, were based largely on made up numbers.
