Govt Bailouts Plagued by Potential $260 Billion in Fraud

All told, Congress has authorized about $5.9 trillion in spending to address the social and economic fallout from the pandemic, of which $4.32 trillion has been disbursed or committed already. By now, more than a year into this unprecedented burst of spending, there’s sufficient hindsight to assess the federal pandemic response, and the early results bode poorly … Read more

BITCOIN CLIMBS on Mexican billionaire’s tweet TO ALLOW BITCOIN TO BE CURRENCY IN MEXICO

“Bitcoin rose Monday after Ricardo Salinas Pliego, the owner of Mexico’s Banco Azteca, said he was pushing his country to accept the cryptocurrency and encouraged his Twitter followers to buy it. “Me and my bank are working to be the first bank in Mexico to accept #Bitcoin,” he tweeted Sunday. Pliego has been vocal about … Read more

Interventionism Turns Crisis into Depression

via Mark Thornton: Austrian economists have a well-developed theory that explains the boom, bubble, bust, and recovery. A good introduction to the Austrian theory of the business cycle can be found in Larry Sechrest’s article “Explaining Malinvestment and Overinvestment.” Larry wrote the article to provide a pedagogical device for economics students, but academic economists will probably be … Read more

DeSantis: America Would Look Like Canada if Florida Hadn’t Fought Against Lockdowns

Watch the latest video at foxnews.com Sunday on Fox News Channel’s “Life, Liberty & Levin,” Florida Gov. Ron DeSantis (R) touted his state’s handling of the coronavirus pandemic. DeSantis advised that had Florida not pushed back against lockdowns, and other states followed suit, the United States would look more like Canada right now, which he … Read more

Biden Administration About To Implode

Offer­ing a blunt analy­sis of the Biden Admin­is­tra­tion, Steve Ban­non made a major pre­dic­tion of the future of Joe Biden as pres­i­dent and it’s look­ing imminent. “Between now and Labor Day, you’re going to see an implo­sion of the Biden Admin­is­tra­tion,” Ban­non said. He made this state­ment fol­low­ing details of the col­lapse the coun­try has seen … Read more