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"Since no other developed country taxes wealth in the aggressive way that the Democrats are proposing, passage of their proposed tax would result in a massive flight of human and financial capital out of the United States."
“Americans have lost their confidence in President Joe Biden and their optimism for the country.”
Weekly Update --- Will Biden Start Nuclear War with China Over Taiwan?
China's growing military muscle and its drive to end American predominance in the Asia-Pacific is rattling the U.S. defense establishment. American officials see trouble quickly accumulating on multiple fronts — Beijing's expanding nuclear arsenal , its advances in space, cyber and missile technologies, and threats to Taiwan .
Democrats are setting up a massive December cliff as they punt several key deadlines to the end of the year.
Covid defined the political landscape for 18 months, lifting Joe Biden to the White House and commanding the near-singular attention of the electorate. But its political shelf life may be coming to an end.
Bezos Leads Parade Of 400 Private Jets To COP26 As Greta Accuses Leaders Of BetrayalNov 1, 2021 - 12:01:46 PDT
According to the Daily Mail, Amazon founder Jeff Bezos 'has led a 400-strong parade of private jets into COP25,' which includes Prince Albert of Monaco, tons of other royals, and dozens of "green" CEOs - creating a giant traffic jam which required empty planes to fly 30 miles away to 'nearby' Prestwick to find parking.
Plenty to divert attention away from critical global market developments. Ominous Bond Market Convulsions.
Fed-created inflation and government-created shortages...It doesn't have to be this way. Many of our American ancestors lived under much more favorable monetary conditions. For almost an entire century, the dollar would consistently purchase more goods and services, not less! Standards of living rose as a result of sound money.
Britain is embracing higher prices in an attempt to reduce its debt. Only three things, it is said, can happen to debt. It can be repaid or it can be defaulted on. The third option that economists state is that it can be inflated away. What does that mean?
ECB Keeps Foot On Monetary Gas Pedal Despite Inflation.
Leading Democrats have contended for several years that controlling overall health costs is paramount because working families are overburdened with medical expenses. They have a point. Rising premiums for employer coverage have crowded out wage hikes, and escalating public insurance spending has diverted government resources from other priorities.
"The Fed is the only entity I know of that could, under current law, make a meaningful difference," she says. "It's not unreasonable to basically make the Fed put its enormous amounts of money where its political mouth."
Yellen Tells Biden That Fed Chair Powell Has Done a ‘Good Job’ As Renomination LoomsNov 1, 2021 - 08:40:16 PDT
Treasury Secretary Janet Yellen said she has discussed with President Joe Biden how he should proceed on naming a Federal Reserve chairman.
Stagflation is when the economy is simultaneously experiencing stagnant activity and accelerating inflation. The phenomenon was first recognized in the 1970s when an oil shock prompted an extended period of higher prices but sharply falling GDP growth.
Passing an enormous, (theoretically) paid-for spending bill that pleases all the various factions within the Democratic Party was never going to be easy. But the current framework that Democrats have unveiled—where party leaders determine what revenue raisers to use by throwing them at a wall like spaghetti and seeing what sticks—is downright disastrous.
Nov 1, 2021 - 08:30:35 PDT
World leaders are gathering to discuss climate change at a United Nations summit, just as President Joe Biden tries to get his own spendy domestic environmental agenda over the finish line.
The central bank’s strategy is meant to help lower-income earners, but rising prices hit them hardest.
Expect COP26 to be the biggest climate summit failure to date vs expectations and goals.
Boris Johnson Warns It’s ‘One Minute to Midnight’ To Prevent Climate CatastropheNov 1, 2021 - 08:26:45 PDT
The U.K. is hosting U.N.-brokered climate talks in Glasgow, Scotland in what has been described as humanity's last and best chance to secure a livable future.