IRS chief asks Congress for authority and resources to regulate cryptocurrencies

  Internal Revenue Service Commissioner Charles Rettig on Tuesday asked Congress for new authority and resources in order to regulate cryptocurrencies for better tax collection and to avoid frauds and scams. Rettig asked for the new measures during a Senate Finance hearing Tuesday to examine President Joe Biden‘s 2022 budget proposal, which calls for $41 million to expand … Read more

The Great Housing Bust of 2021-22 with John Rubino

from Kerry Lutz’s Financial Survival Network A housing bust is on the way. John Rubino’s builder had an amazing story to tell. 6-12 months ago he was doing record business. Half of his customers have put their project on hold. He’s working just as hard re-pricing projects and passing on the bad news to his buyers. Housing prices … Read more

Communist China’s Propaganda Infiltration of Italian Media Revealed

Since becoming the first country of the G7 nations to sign onto China’s Belt and Road Initiative in 2019, Italy has seen the communist nation infiltrate its mainstream media, including Italy’s news wire service, a national business newspaper, and a tabloid owned by the family of former Prime Minister Silvio Berlusconi. “Wherever the readers are, … Read more

The Fed’s Reverse Repo Madness

by Dave Kranzler of Investment Research Dynamics Let me translate – We at The Fed have to pretend that we might one day stop QE, but we know in truth that that we can’t. The last time we tried tapping our foot lightly on the brake we blew up the markets. We are trapped. We know it. You … Read more

Libertarian Party of Texas: “Until we have open borders, we can’t get rid of the welfare state.”

Logic: Public support for welfare goes down when a country has more immigrants. So if we really want to get rid of the welfare state, we should advocate for as many immigrants to come here as possible. For the pendants: "can't" = "won't be able to get"https://t.co/LRa4CHDz81 — Libertarian Party of Texas (@LPTexas) June 7, … Read more

GOP Senators Demand Answers for 2020 Riots

A group of Republican senators sent a letter Monday to Attorney General Merrick Garland demanding answers regarding punishments for those who stormed the Capitol on Jan. 6 and those who rioted over the spring and summer of 2020. The Daily Caller first obtained the letter, which was sent to the Department of Justice (DOJ) by … Read more

TAKEOVER: THE U.S. IS STARING AT A DOLLAR COLLAPSE BY THE END OF 2021

by Mac Slavo of SHTFplan People used to call those who could see the writing on the wall “crazy conspiracy theorists.” Now, major mainstream media outlets are reporting that the United States dollar could crash by the end of 2021. Honestly, I am surprised the dollar hasn’t crashed already.  It’s almost worthless in the sense that prices are … Read more

Surprise? Citi Inflation Surprise Index Hits All-time High (Used Car Prices Rise 48.2% YoY)

by confoundedinterest17 With The Federal Reserve going where no central bank has gone before and the Biden Administration and Congress spending like spoiled children, it is no surprise that Citi’s Inflation Surprise Index is off the charts and at its highest reading since its inception. Used car value index (according to Manheim) is up 48.2% YoY. … Read more

Joe Biden may have to ‘build a wall’ to deal with ‘humanitarian drama’ on the border

Joe Biden and Kamala Harris are essentially trying to “rescind the invitation they sent out” on the US-Mexico border after generating a “horrible mess of their own making,” according to Sky News host Chris Kenny. “We all knew didn’t we, it was all so obvious, what would be the inevitable consequences on the US southern … Read more