Florida Bill Would Restrict Scholarships for Majors that Don’t Lead to Jobs

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A bill currently in Florida’s state senate would restrict college scholarship funds for students who select majors that do not promise a return on investment — such as social justice majors that are not expected to directly lead to employment. Senate Bill 86, which would reduce Florida’s “Bright Futures” scholarships for students who pursue degrees deemed … Read more

Container Ship Operators Are on a Tear as Freight Rates Skyrocket

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by Frank Holmes, CEO, U.S. Global Investors For the past 20 years, the Port of Los Angeles has been the busiest seaport in the Western Hemisphere, responsible for exporting commodities such as soybeans and raw cotton and importing everything from furniture to electronics. In 2020, container volume reached 9.2 million 20-foot equivalent units (TEUs), with … Read more

Powell Sounds Dovish, but Is He Dovish Enough for Gold?

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by Arkadiusz Sieron of Sunshine Profits Although dovish, Powell downplayed the bond yield rally. The Fed’s more tolerant stance on inflation is good for gold, but the metal may continue its bearish trend in the short-term. In the last edition of the Fundamental Gold Report, I analyzed the latest FOMC statement on monetary policy and economic projections. Today, I would like … Read more

Prosecutors Now Backing Away from Statements and Charges Against January 6th Protestors

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by Sundance  Interesting that Reuters would outline the walk-backs.  Even more interesting that the details of the walk-backs seem to prove the DOJ never actually intended to win any of these cases, but rather wanted to advance a political narrative about extremists through their earlier statements. The approach of building a political narrative through false accusations … Read more

Dem Senator Wants to Subsidize Industry His Family Is Investing In

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Sen. Ron Wyden, D-Ore., is pushing for legislation to expand U.S. manufacturing of semiconductors, batteries and other technology – but his wife recently purchased at least $2,000 worth of stock in American semiconductor manufacturing tool companies. Wyden’s wife Nancy Bass Wyden purchased between $2,002 and $30,000 in stock from two companies, Applied Material Inc. and KLA Corp., on Feb. 26, … Read more

Washington Post Writer Wants the Government to Fact-Check the Press

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The Washington Post’s opinion writer Jennifer Rubin wants President Joe Biden’s administration to begin fact-checking the White House press corps. Rubin, once described as The Post’s “conservative opinion writer,” centered her argument around the situation at the border. Reporters have pushed the administration on whether it should be called a “crisis” as the area experiences a surge … Read more

White-Collar Visa Workers Take 2/3 of New Tech Jobs Each Year

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https://twitter.com/scootdooby/status/1370708245187289089 Two-thirds of entry-level tech jobs go to compliant foreign guest-workers, not to the young American professionals who may create a new wave of establishment-shaking companies, according to a report from Bloomberg. In 2018, “the U.S. had between 96,000 and 143,000 openings in IT occupations that typically went to candidates with a bachelor’s degree or … Read more

SEC Begins Enforcing Law That Could Delist Chinese Firms From U.S. Exchanges

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WASHINGTON/HONG KONG (Reuters) – Shares in dual-listed Chinese companies fell sharply on Thursday in Asia after the U.S. securities regulator adopted measures that would kick foreign companies off American stock exchanges if they do not comply with U.S. auditing standards. The move by the Securities and Exchange Commission (SEC) adds to the unprecedented regulatory crackdown … Read more

Elizabeth Warren is totally clueless about stock buybacks

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Earlier this month, Sen. Elizabeth Warren blasted corporate share repurchases as “nothing but paper manipulation.” According to the Massachusetts Democrat, when a company buys back its own shares, it merely cheats the system. “They got a little fluff-and-buff in their stock,” Warren said. “And how did they do that? By taking their excess cash and saying, ‘Geez, … Read more

Biden Admin Planning Corporate Tax Hike – Here’s Why The Only Losers Will Be Middle-Class Americans

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By Jon Hall  After automotive giant Ford announced it’s moving a project worth almost $1 billion dollars from Ohio to Mexico, the Biden administration remains silent. In December, Biden vowed to be “the most pro-union President” but has revealed plans of raising the corporate tax rate. Whilst on the surface, an increase might seem of benefit to workers, it’s anything but. The … Read more

Peter Schiff: Fed is trapped; will either bankrupt the government or the American people

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BINGO! So, in the next war they drag us into, who will it be with? The Federal Reserve has trapped themselves; either they raise interest rates and bankrupt the Treasury, or they don’t raise rates, let inflation spiral out of control, and bankrupt the American people, said Peter Schiff, chief market strategist at Euro Pacific … Read more

How Washington is Bailing Out Failed States, Decapitating Competitive Ones: The Ending of America

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An astonishingly sweeping, radical movement to level cities and states is underway, propping up the failures and pounding down those that have been successful. Most everything is being federalized. The role of cities and states as we have known them – as laboratories of democracy – is being eviscerated. It’s being financed by both the United States Treasury and … Read more