Employers were compelled to cut back the working hours of workers, causing a lower income of minimum-wage workers by $125 per month. Political intervention in the free market always hurts lower-income workers. [...]
The banks themselves create money, usually at a rate of at least 9 to 1 - for every one dollar deposited, the banks can create an additional $9. There is a massive expansion of the money supply. [...]
The US Senate, in a close vote, approved of Trump's request to sell $110 billion in weapons to Saudi Arabia. Five Democrats whose votes made the weapons deal possible were Senators Bill Nelson, Claire McCaskill, Joe Manchin, Joe Donnelly, and Mark Warner. [...]
The Federal Reserve has hiked interest rates three times since Trump was elected, but only once during Obama’s eight years. This has led to the suspicion that the Fed is trying to undermine Trump's economic programs and his voter support. [...]
ObamaCare's premiums more than doubled over the past four years and rose by an average of 105% in 2017. He added that insurance companies make $15 billion a year, and the government should stop subsidizing them. [...]
Alex Soros posted a photo with Senator Chuck Schumer and thanking him for helping to preserve the assault on our nations values and democracy! [Pretty blatant, don’t you think?] [...]
AG Jeff Sessions ended corporate donations to political cronies as a means of escaping prosecution for crimes. This money, estimated in the hundreds of billions in 2014 alone, typically funded special interests like La Raza. [...]
We tend to demonize people who make money – how dare they have more than us? But that negative reaction forgets the voluntary role we play in profit-making every day. This week in Words and Numbers, Antony Davies and James R. Harrigan discuss just how good it is to earn a profit, and the vital difference between that and forcing money from people.
While the US used to be a rich country, an increasing number of Americans now are living in poverty. Half of the people in the US have no savings and cannot raise $400 on a day's notice. Politicians refuse to address the death of the middle class because they created the bad economic conditions. [...]
(ANTIMEDIA) Phoenix, AZ — The latest massive price increases in cryptocurrencies like Bitcoin and Ethereum have boosted the credibility of investors who criticize the fiat currency system. Unfortunately, precious metals haven’t followed in crypto’s footsteps yet, and heavy losses over the last few years have led many people to write off the asset class altogether.
