Vermont Senator and 2020 hopeful Bernie Sanders unveiled his $16 trillion plan to combat climate change earlier this month; a proposal that analysts say would nationalize nearly one third of the entire American economy. “Atop our existing government spending, comprising some 40% of GDP, the Vermont Senator wouldn’t just nationalize one-fifth of the economy with […]
Bernie’s ‘Green New Deal’ to Fight Climate Change Would ‘Nationalize’ 30% of U.S. Economy…
What Globalism Did Was to Transfer the U.S. Economy to China by Paul Craig Roberts…
The main problem with the US economy is that globalism has been deconstructing it. The offshoring of US jobs has reduced US manufacturing and industrial capability and associated innovation, research, development, supply chains, consumer purchasing power, and tax base of state and local governments. Corporations have increased short-term profits at the expense of these long-term […]
President Trump Explains the Big Picture: “The fact is, somebody had to take China on”…
During an oval office press conference today, President Trump took several questions about China and the U.S. trade confrontation. After receiving the third question, on the same subject, President Trump paused and then went deep into the heart of the issue. The question was: ” Mr. President, you keep insisting that your trade war with […]
Gov’t Delivers 100,000 Cheap Visa-Workers to Disney, Hilton, Tourist Industry, for Summer Work…
The huge shot of “Summer Work Travel” labor arrives each year to fill seasonal jobs in holiday resorts, hotels, and harvests, and it allows companies to reduce the recruitment of young Americans for seasonal jobs. The program is run by State Department officials, and is justified as an international cultural exchange which will benefit America. […]
Nails It – Economic Analyst El-Erian: The Era of “De-Globalization” is Here…
Finally an economic analyst gets prime-time media pundits to listen as he describes the fundamental difference between the U.S. “Economy” (Main Street) and the U.S. “Markets” (Wall Street). Charles Payne understands most of this, but El-Erian has it nailed. Allianz Group chief economic advisor, Mohamed El-Erian, accurately describes what is happening in an era where […]
Economic Gaslighting: The Corporate Media Screeching Recession – the Battle Behind Wall Street-v-Main Street…
A “negative yield curve“; a pending “economic recession“. These are the obtuse and ridiculous proclamations of the Mainstream Corporate Media today. So let’s take a moment to discuss how stunningly -intentionally- disconnected they are. Always remember, there are trillions of dollars at stake; and these media entities have a vested interest in maintaining the Wall […]
‘Another Nail in the Coffin’ of Democracy and Journalism as U.S. Newspaper Giants Gannett and GateHouse Announce $1.4 Billion Merger…
Members of the press and democracy advocates issued grave warnings about the future of journalism in the United States on Monday after the nation’s two largest newspaper publishers unveiled plans for a $1.4 billion merger that, if approved, will spawn an “unprecedented” media conglomerate. GateHouse Media announced Monday that it will purchase Gannett, which owns […]
Sen. Chuck Grassley Denounces ‘EB-5’ Giveaway to China Hidden in India Outsourcing Bill…
Iowa Sen. Chuck Grassley is throwing a flag on the stealth push by technology investors to expand the unregulated U.S.-India outsourcing economy. The business-backed bill to expand the binational outsourcing economy, titled HR.1044, quadruples the supply of valuable green cards to Indian workers who agree to take college-level jobs from American graduates. On July 10, […]
Strong U.S. Retail Sales Boost Economic Outlook…
U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment. The report from the Commerce Department on Tuesday did not change market expectations that the Federal Reserve will cut interest rates this month for the […]
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