Most voters believe the Biden administration is allowing gas prices to rise to force Americans to use less fossil fuel, a Convention of States Action/Trafalgar Group survey released Friday found…
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Job Creators Network Puts Biden’s Failures on Times Square Billboard…
Job Creators Network (JCN) put up another billboard, which if wasn’t so painfully true, would be comical. It is located in the Mecca of all billboard areas: in the heart of Times Square…
Government Employees Got $872 Million in Bonuses Out of COVID Aid Cash…
The federal bailout of state and local governments padded the paychecks of many public employees.
May Inflation Higher Than all Expectations at 8.6 Percent, Energy, Gasoline, Food Prices Continue Climbing…
The Bureau of Labor and Statistics has released the May inflation report [DATA HERE] showing a 1.0% increase in the month of May, bringing the rate of inflation to 8.6 percent. The highest rate of inflation in over 40 years…
The Biggest Reshuffle of Oil Flows Since the 1970s…
The Ukraine war has triggered the largest reshuffle of oil flows since the 1970s…
Biden’s Blood Panels? Suspect Solar Panel Import Restrictions Eased…
Will President Biden’s Green Revolution be built on the blood of persecuted Chinese minorities? President Biden has moved to suspend restrictions imposed by the US Commerce Department, after tariffs were imposed following an accusation that Chinese manufactured components are being secretly incorporated into third party products…
Remarkable Admission, Pete Buttigieg Announces Biden Inflation Plan is to Create Increased Dependency State and Apply Socialist Economics, Biden Led Govt to Provide Medicine, Childcare, Housing and Food…
Here is one succinct interview containing the smorgasbord of far-left policies the people behind Joe Biden are proposing as the solution to the inflation crisis they have created. It is remarkable to see it all packed into one 8-minute segment. There is so much crazy in here it would take a week of articles to unpack it…
Biden Administration Quietly Raised Amount of Ethanol Required in Summer Blend Gasoline from Ten Percent to Fifteen, Three Predictable Problems Will Surface Soon…
Last Friday the Biden administration raised the mandatory amount of biofuel, specifically ethanol, that must be blended within the U.S. gasoline supply. The previous amount of 10% (summer blend) was raised to a year-round 15% (waiver) by the Environmental Protection Agency (EPA). This is likely to lead to two sets of bigger issues, less food and higher gas prices…
Domestic Crude Oil Peaked at $145 a Barrel in 2008. It Closed Yesterday at $118.50. So Why Is Gas at the Pump at All-Time Highs?…
The owner of Schlafer’s Auto Body & Repair in Mendocino, California has made headlines at CNN, the Los Angeles Times, and across local TV affiliates in the past few days – and not in a good way. Schlafer’s is home to an independent Chevron gas station and, as of this weekend, it was charging the highest price for a gallon of regular gas in the nation: $9.60…
Fed Data Shows a Half Century of Moderate Growth in the Fed’s Balance Sheet through Two World Wars – Then a Seismic Explosion Under Bernanke, Yellen and Powell…
Last month the Federal Reserve Bank of New York released its 2021 annual report from its “Markets Group.” That’s the group that operates a trading floor (complete with speed dials to the trading houses on Wall Street) at the New York Fed, located not far from the New York Stock Exchange, as well as another trading floor on the premises of the Chicago Fed, which is not far from the futures exchanges in Chicago…
Tech Layoffs Top 15k in a Brutal May…
It’s been a rough month in the tech sector. We’ve rounded up week after week of layoffs, and according to aggregator layoffs.fyi, more than 15,000 tech workers have lost their jobs this month. Hopefully the sun will come out in June…
White House Supply Chain Advisor Is a World Economic Forum Climate Change Activist Who Worked at Hunter Biden’s Think Tank…
Now wonder there’s no end to America’s supply chain issues…
Buy-Now-Pay-Later Apps Like Klarna Left Me in a ‘Vicious Cycle’ of Debt…
Last July, Armani Bryan spotted a $2,000 blue Marine Serre dress on posh digital retailer Farfetch that she just had to have — but couldn’t quite afford…
More Pretending, Treasury Secretary Janet Yellen Pretends She Got It Wrong on Inflation, She Did Not…
Treasury Secretary Janet Yellen has more financial and analytical resources at her fingertips than thousand hedge funds combined. When Secretary Yellen claims today that she “got it wrong” about inflation, what she is doing is continuing the game of pretending; she’s positioning the administration as incompetent, not deliberate…
Supreme Court Rules in Favor of Biden’s Social Cost of Carbon…
Social cost of carbon puts dollar amount on each carbon ton…
Inflationary Pressure Is Worse Than They Say…
We are apparently back in the spend-your-way-to-prosperity mode. Last week Wall Street greeted the “strong” April PCE number with a spree of dip-buying, but you have to wonder just how long households can keep reaching into their cookie jars in order to spend what they are not earning…
Ed Dowd Explains the Four Converging Forces That Will Destroy the Economy (VIDEO)…
1.) Deflation of assets
2.) Out of control inflation
3.) Supply chain breakdowns
4.) Green New Deal policies that fail to address pressing issues.
Ed Dowd: “The Fed will say they’re fighting inflation and maybe raise [interest rates] one or two more times, but they’re making a huge policy error, and they can’t raise rates; they’re trapped. And that’s why a new monetary system is coming, and this is all smoke and mirrors, and there’s going to be all sorts of explanations as to why the economy is collapsing.”…
How Sanctions Have Increased Russia’s Oil and Gas Revenue…
Russia’s oil and gas revenues hit another record high despite sanctions designed to hurt the Russian economy…
Americans Have Lost $20 Trillion Since the Start of 2022 Americans Have Lost $20 Trillion Since the Start of 2022…
Citing estimates from JPMorgan, over the weekend Bloomberg wrote that courtesy of a Biden administration terrified of what soaring inflation will mean for the Democrats in the midterms, and a Fed that is determine to do anything – even crash the market and spark a recession – to do Joe Biden’s “kill inflation” bidding, the US faces a new scary threat: a plunge in wealth which JPM estimates at least $5 trillion, and could reach $9 trillion by year-end…
Biden Admits U.S. Gas Prices Driven by Incredible Transition Away from Fossil Fuels…
During a joint press conference held in Tokyo, Japan, held by Joe Biden and Prime Minister Fumio Kishida, Biden was asked about the financial pain Americans are feeling with massive increases in gasoline prices…
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