President Trump approved $900 billion in stimulus spending in December and President Biden approved another $1.9 trillion in March. Biden is set to propose a further $3 trillion on infrastructure, and Majority Leader Chuck Schumer is exploring ways to bend Senate rules to keep the spending flowing. This gusher of spending is greatly damaging. This is not monopoly … Read more
By Egon von Greyerz When bubbles burst, we will discover how very few superior men there actually are – as defined by Confucius: “The superior man, when resting in safety, does not forget that danger may come. When in a state of security he does not forget the possibility of ruin. When all is orderly, he … Read more
Archegos Capital Management, a private investment first based in New York, resorted to a huge fire sale of stocks worth $20 billion on Friday that caused big drops in the share prices of companies linked to the investment firm, putting markets on edge about the scale of the possible fallout. The fire sale of about … Read more
The best way to protect against economic turbulence is with hard assets like precious metals and real estate, but even these are under threat from the government, said former Congressman and host of The Liberty Report, Ron Paul. “The government is a threat,” Paul said. “They will crackdown because they have the ability to do … Read more
US Special Operations’ new “chief of diversity” has been reassigned just days after he was appointed, amid an investigation into social media posts in which he compared former President Donald Trump to Adolf Hitler. A Department of Defense official confirmed the reassignment of Richard Torres-Estrada to Fox News on Tuesday. Torres-Estrada’s appointment as chief of … Read more
The man busted for the hate-fueled attack on an Asian woman in Midtown was out on parole for killing his own mother back in 2002, authorities said Wednesday. Brandon Elliot, 38, who lives in a nearby hotel that serves as a homeless shelter, was arrested early Wednesday and hit with a number of charges, including … Read more
10 Chinese military aircraft enter Taiwan's air defense identification zone. @TaiwanNews886 https://t.co/g2SvJy20cr pic.twitter.com/gUndz33cm6 — AMTI (@AsiaMTI) March 31, 2021 "Notable, however, were Chinese military planes performing something akin to a pincer movement around Taiwan, with two additional warplanes approaching the east coast after flying through the Miyako Strait between Japan-controlled islands."https://t.co/uzDnCJoynz — Simadologist (@simadologist) March … Read more
NEW YORK (WPIX) — Police on Tuesday arrested two former employees of the New York City Medical Examiner’s Office on allegations they stole credit cards from multiple bodies in the city’s custody and charged thousands in unauthorized purchases, according to officials. Charles McFadgen, of the Bronx, and Willie Garcon, of Brooklyn, were taken into custody … Read more
Democrats, contending laws requiring voters to present photo ID amount to discriminatory “suppression” of the black vote, are pushing legislation in the Senate that would gut state voter ID laws. But a new Rasmussen national telephone and online survey finds that 69% of likely black voters and 75% overall believe voters should be required to … Read more
The cost of lumber has gone up 188% since the beginning of the pandemic, which raises the cost of new builds and could price out some homebuyers. SKAGIT COUNTY, Wash. — Anyone buying lumber these days is in for sticker shock. Prices are at unprecedented levels, and it’s affecting everyone from people planning home construction … Read more