New York Post, August 9, 2023 Joe’s Bidenomics victory tour is a bust on Day One By James Bovard Joe Biden’s re-election campaign kicks into high gear this week with the president and Cabinet secretaries blanketing the nation to boast about Bidenomics. But CNN reports more than half of Americans believe “the economy is still […]
New York Post, April 25, 2023 Biden’s mortgage ‘equity’ will screw up the homebuying market By James Bovard When did being creditworthy become a federal crime? Team Biden will intentionally punish homebuyers with good credit scores to subsidize people with shaky histories of paying their debts. But the latest salvation scheme ignores the sordid history […]
Libertarian Institute, November 28, 2022 College Graduates Are the New Favored Class of Democratic Largesse by Jim Bovard When Americans make lists of the persecuted, downtrodden groups in our society, college graduates rarely top the ranking. But President Joe Biden is offering one bribe after another to convert college graduates into perpetual dependents of the […]
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American Institute for Economic Research, November 22, 2022 Industrial Policy Returns, Prior Pratfalls Notwithstanding James Bovard Jubilation erupted in Washington this summer as industrial policy came back into fashion. Congress passed Biden-backed legislation known as the CHIPS Act to spend $52 billion subsidizing semiconductor production. But the new law is a reminder that politicians prosper […]
Libertarian Institute, November 2, 2022 Biden, Our Boneheaded Chip Czar by Jim Bovard Jubilation erupted in Washington this summer as politicians lurched towards commandeering a key swath of the American economy. Congress passed Biden-backed legislation known as the Chip Act to spend $52 billion subsidizing semiconductor production. A Washington Post headline hailed “a big month […]
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Biden’s Rescue Act Targets Americans’ Freedoms by James Bovard Since the 1800s, surly Americans have derided politicians for spending tax dollars “like drunken sailors.” Until recently, that was considered a grave character fault. But Joe Biden’s American Rescue Plan Act shows that inebriated spending is now the path to national salvation. It was a common […]
American Institute for Economic Research, May 26, 2021 Will the Pandemic Promote Political Power in Perpetuity? James Bovard “It’s like we created another industry in our state. The amount of money is staggering,” Andrew Schaufele, director of Maryland’s Bureau of Revenue Estimates, happily declared last week. The Biden stimulus plan is deluging governments across America […]
Stephanie Kelton explaining what Ben Bernanke meant in 2009 when he said the Fed doesn't "spend tax money" when it transfers money to banks, but simply changes numbers in a computer.
Prosecuting protest, gun trace task force and full-throated warmongers + this day in history w/the "I Don't Like Mondays" shooting and our song of the day by The Vaccines on your Morning Monarchy for January 29, 2018.
In the midst of a hurricane season that shows just how expensive inaction on climate change can be, two new reports highlight how massive taxpayer-funded subsidies for fossil fuel companies are propping up an industry that refuses to take responsibility for the destructive and costly chaos it has played an enormous role in creating.
