Latest Articles: Economy
Cops Knock Man Off Bicycle, Then Make Up Charges and Arrest Him to Justify It
Calexit gets go-ahead to start collecting signatures
Uranus Smells Like Rotten Eggs
Suicide of the West HOW THE REBIRTH OF TRIBALISM, POPULISM, NATIONALISM, AND IDENTITY POLITICS IS DESTROYING AMERICAN DEMOCRACY By JONAH GOLDBERG s
Total Control: New Measures Toward Global Totalitarianism
Civic Anarchism and Statism: I Believe in the State
'A Man Without Courage': Dershowitz Slams Comey for Leaking Trump Memos
Comey, the memos and the question of what’s classified
The 10 Highest BACs Ever Recorded (You are supposed to be dead at 0.4)
Woman fined $500 for saving free Delta Air Lines apple
Under attack, the FBI becomes a partisan battleground
Dad, Why Do I Have To Go To School?
Michigan town’s feud over military gear gets ugly
Democrats are getting desperate as Mueller stalls
Entire County Refuses to Obey New Gun Control Law, Declares Itself Gun Owner Sanctuary
Body Cam Shows Cops Never Got Out of Car to Look for Trapped Boy as He Died Right By Them
Penn State's 98-Year-Old Outing Club Is No Longer Allowed to Go Outside
14 Years Ago, Pat Tillman Was Killed and Gov’t Covered Up the Truth to His Death to Sell War
Strange Sounds in the Sky 2018
Strange Sounbds in the Sky 2018
Why I Won't Read James Comey's Book
The Sequel on The Conservative Cave on 22 Apr 2018
Hundreds of Muslims from Bangladesh breaching US border at Laredo, Texas
Revealed: Robert Mueller's FBI Repeatedly Abused Prosecutorial Discretion
A Pelosi joke
Mitt Romney fails to secure Utah GOP nomination, will face primary
Giuliani Looks To Swiftly End Mueller's Investigation
Man makes pipe-guns from scrap, sells them to gun “buyback” program for $300
Rocket Man no more: North Korea suspending nuclear and ICBM testing
Meanwhile in Sweden: Shootings And Grenade Attacks Are So Common, the Media Doesn’t Bother to Report Them Anymore (VIDEO)
Interview With Boy In ‘Chemical Attack’ Video: ‘We Didn’t See Any Chemical Attack Symptoms’
The Comey Memos Read Like The Diary Entries Of A Young Teenager
The Democratic (Democrat-Communist) Party filed a lawsuit alleging a conspiracy by Russian officials, the Trump campaign and Wikileaks to damage the Clinton campaign
Brooklyn postal worker arrested after 17,000 pieces of undelivered mail found
Facebook Suspends (Black) Conservative Comedian For Posting Abusive Messages Sent To Him
Bitter lessons 25 years after Waco, Texas, siege
Woman Calls Police Over Man Wearing Pro-Gun T-Shirt At Park
On This Day in 1914, US Military Slaughtered Kids in Colorado and JD Rockefeller Had Media Cover It Up
The Democrats’ circumstantial case against the president who beat them
DNC files suit alleging Russia, the Trump campaign, and WikiLeaks conspired to disrupt the 2016 election
The Oklahoma City Bombing - Were there additional explosive charges and additional bombers?
23 Years Later: The Oklahoma City Bombing Story You Were Never Told About
In Louisiana, Threatening to File a Complaint Against Police Can Lead to a Five-Year Prison Sentence
This Is The Problem: Out of Top 100 News Outlets, Not a Single One Questioned Syrian Attack
Child ‘Victim’ of Alleged Syrian Gas Attack Speaks Out, Says He Was Given Food to Make the Video
Police Go Undercover for Months, Spend Thousands to Bust FSU Quarterback with Tiny Bit of Weed
Flashback: Vice President Joe Biden: No improper motive by feds at Waco, the Davidians “committed suicide”
US Intel Officials Just Admitted U.S. Bombed Syria with No Proof of Sarin Attack
If you like eating dogs, prepare for a ban
Men arrested at Starbucks were there for business meeting hoping to change 'our lives’
You won’t believe what tax reform will cost wealthy Californians in 2019
Post Date: 2018-04-18 09:31:53 by Tooconservative
Lots of people just talk about soaking the rich, but Donald Trump and the GOP actually did it in California, anyway, although they wont be alone. The controversial phase-out of the state and local tax deduction (SALT) will drop like a bombshell on high-tax-rate blue states, which is one reason why Democrats so staunchly opposed it. According to an analysis from Californias Franchise Tax Board, the Golden State will be Ground Zero: President Donald Trumps tax cuts will be anything but for about 1 million California taxpayers who will owe Uncle Sam more money a year from now. Theyre the Californians who will lose a collective $12 billion because the new law ...
The Richest 1% Will Own Two-Thirds Of Global Wealth By 2030, Report Finds [Full Thread]
Post Date: 2018-04-11 09:43:51 by Deckard
Back in November, Credit Suisse highlighted an alarming - yet altogether unsurprising - milestone in the increasing concentration of global wealth that has been perhaps the most influential force behind the populist revolts that rocked the US in 2016 and have continued to unfurl across Europe. According to the Swiss bank's annual "global wealth pyramid," for the first time, the wealthiest 1% of the world's population had accumulated more than half of its aggregate household wealth. Credit Suisse's researchers describe in stark terms how global wealth inequality had actually improved somewhat in the years between the start of the new millennium and the financial crisis ...
The Omnibus Spending Bill Is a Fiscal Embarrassment
Post Date: 2018-03-22 09:46:58 by Deckard
Republicans prove yet again why they deserve to be labeled the biggest swamp spenders.Republicans are once again proving why they actually deserve the label of the biggest swamp spenders. The latest gigantic omnibus spending bill would fund the government for the remainder of the fiscal yearwith a price tag of $1.3 trillion. That doesn't include entitlement funding or payments for the interest on our debtwhich continue to grow and drive our debt higher, as Republicans have apparently given up on slowing down spending. Most Republicans favor the bill as a way to avoid the self-inflicted risk of another government shutdown. Never mind that members have had no time to read the ...
Is The U.S. Economy Really Growing? (No) [Full Thread]
Post Date: 2018-03-17 21:49:33 by hondo68
Most people are aware that GDP growth has been lower than expected in the aftermath of the Global Financial Crisis of 2008 (GFC). For example, real GDP growth for the past decade has been closer to 1.5% than the 3% experienced in the 50 years prior to 2008. As a result of the combination of slow economic growth and deficit spending, most people are also aware that the debt/GDP ratio has been rising. However, what most people dont know is that, over the past ten years, the dollar amount of cumulative government deficit spending exceeded the dollar amount of GDP growth. Put another way, in the absence of deficit spending, GDP growth would have been less than zero for the past decade. ...
Paul Ryan Will Hate This=> US Aluminum Manufacturer Announces 300 New Jobs in Kentucky Following Trump’s Tariff Announcement
Post Date: 2018-03-07 00:41:19 by 3-Dee
Paul Ryan Will Hate This=> US Aluminum Manufacturer Announces 300 New Jobs in Kentucky Following Trumps Tariff Announcement Speaker Paul Ryan pushed back against President Donald Trumps announcement to place tariffs on foreign aluminum and steel. Paul Ryan, a renowned globalist who joined President Obama in pushing the Trans-Pacific Partnership, attacked President Trump on Monday for his announcement to place tariffs on foreign steel and aluminum. Paul Ryan still has NO INTENTION of passing the Trump agenda more than a year after his stunning win over Hillary Clinton. Paul Ryan came out again on Tuesday and slammed President Trumps plan to tax aluminum and steel ...
Against Trump's Tariffs
Post Date: 2018-03-06 00:55:01 by hondo68
The Trump administration has announced it plans to raise taxes on Americans in the form of tariffs. On Thursday, the president promised steel and aluminum executives that he would protect them against foreign competition by levying tariffs on both metals in the coming weeks: 25 percent on steel and 10 percent on aluminum. The effect of tariffs will be to impose a higher tax burden on Americans, while increasing the cost of living, and the costs imposed on entrepreneurs using the taxed materials.For centuries, economists have examined and explained the negative consequences of tariffs. And for more than a century, the economists of the Austrian school have added even more sophisticated and ...
Here’s why the Dow took the Trump tariffs so hard
Post Date: 2018-03-02 19:08:24 by buckeroo
Add trade tensions and the threat they pose to economic growth to the list of worries that were already dogging stock-market investors in 2018. President Donald Trumps announcement Thursday that he was set to impose tariffs on aluminum and steel imports sent stocks tumbling. Weakness continued Friday morning, with stocks opening sharply lower before rebounding off lows, with the S&P 500 SPX, +0.51% taking back some of the previous days decline while the Dow DJIA, -0.29% ended lower for a fourth straight session. While underlying fundamentals remain strong, investors said the threat of a trade war adds another layer of uncertainty to existing concerns about inflation and ...
Deutsche Bank: This Does Not Make Sense
Post Date: 2018-02-26 11:03:10 by VxH
... According to Reid, "notwithstanding the short-term low supply expectations in Europe, a real head-scratcher going forward is how the market will cope over the years and even decades to come with the central case scenario of higher and higher government debt around the world. Figure 13 looks at the US, Germany and Japan government debt/GDP with forecasts from the US CBO and BIS. ---
KEENAN: Rand Paul Is Wrong About The Deficit
Post Date: 2018-02-13 07:40:30 by Gatlin
Study the chart below, math whizzes: 2% growth: $1.2T deficit 3% growth: $900B deficit 4% growth: $600B deficit 5% growth: $300B deficit 6% growth: $0 deficit, balanced budget 1% economic growth = $300 Billion of federal revenue. Let me be the first to say it, the new spending measure by Trump & the GOP may BALANCE THE BUDGET. Rand Paul kept the Senate wide awake on Thursday night, grandstanding to lament what he called a $1.2 Trillion annual deficit predicted by this new bi-partisan spending measure. But who predicts the deficit? The CBO. The CBO has based its revenue projection off their usual static scoring, presuming a pessimistic 2% growth (apparently for the upcoming ...
The discreet terror of the American bourgeoisie
Post Date: 2018-02-10 07:22:20 by A Pole
Elites thought they could have it both ways: capital gains and moral certainty [ A product of privilege himself, Luce is an unlikely rebel. The Oxford-educated FT writer is the son of Margaret Thatchers former minister Baron Richard Luce (also the former Lord Chamberlain). While his paternal grandfather was Sir William Luce, once the Governor of Aden (now in Yemen) and his maternal great-grandfather was Sir Trevylyan Napier, a one-time chief of the British Navy in the West Indies. But, then again, perhaps his background helps Luce to realize when the elite has gone too far. ] [...] What will Americas elites see when they look inwards? The first will be the shock of ...
White House Issues Statement On Today's Historic Market Crash (Dow Plunges Almost 1200 Points)
Post Date: 2018-02-05 18:59:38 by hondo68
Today, the Dow Jones suffered (including the plunge after hours) its biggest point crash in history, turning negative for the year, which for a president who takes particular delight in every uptick in the market, was terrible news. So, as many expected, the White House issued a statement after the close, commenting on today's market crash. Predictably, there was little commentary of the "day to day" moves, and instead Trump deflected by pointing out that he is now focusing on the economy's "long-term fundamentals" instead. Full statement below: "The Presidents focus is on our long-term economic fundamentals, which remain exceptionally strong, with ...
Success: EPA set to reduce staff 50% in Trump's first term
Post Date: 2018-01-10 03:05:17 by Tooconservative
The Environmental Protection Agency, seen by President Trump as a bloated bureaucratic whale, is on schedule to fulfill his promise to reduce its staff nearly in half by the end of his first term mostly through retirements, not cuts, according to officials. The EPA Tuesday provided to Secrets its first year staff results which show that the agency is below levels not seen since former President Reagans administration. And if just those slated to retire by early 2021 leave, Administrator Scott Pruitt and his team will have reduced a staff of nearly 15,000, to below 8,000, or a reduction of 47 percent. Were proud to report that were reducing the size of government, ...
The States' Unfunded Pension Nightmares
Post Date: 2017-12-30 10:56:24 by Tooconservative
Pensions: The stock market boom has helped everyone, right? Nope. States' pension funds have nearly $4 trillion of stock investments, but somehow haven't benefited from soaring stock prices. A new report by the American Legislative Exchange Council (ALEC) shows why this is true. It notes that the unfunded liabilities of state and local pension plans jumped $433 billion in the last year to more than $6 trillion. Let that number sink in for a moment: It's one-third the size of the U.S. economy, equal to "a whopping $18,676 for every man, woman, and child, or nearly $50,000 for every household in America," as The Daily Signal notes. It's a massive amount of money, in ...
Trump’s direction is a road to ruin
Post Date: 2017-11-13 10:23:02 by Willie Green
Mention Kansas and peoples minds turn to Dorothy, Toto and the yellow brick road.That view almost always turns on the technicolour version of The Wizard of Oz. Not the black, white, dusty and generally unforgiving opening (and closing) shots of Kansas.Beyond that, however, it would be difficult for anyone outside of the US (and even outside of the mid-west) to name anything of note about the Sunflower State.But for the past five years Kansas has also been the centre of an important tax change.And the proponents of that change have been left with a lot of egg all over their faces.In 2010, the good people of Kansas elected Republican Sam Brownback as the states governor.His aim ...
You’re Better Off in a State With a Higher Income Tax
Post Date: 2017-10-28 11:07:31 by Willie Green
The Higher the Better, Says 2017 StudySupply-side economics isnt delivering. Many lawmakers in Congress and in statehouses around the country peddle the same supply-side theory about income taxes: the lower the tax, the more the economy will grow. But new research from the Institute on Taxation and Economic Policy reveals this economic approach is failing to deliver in the states. In fact, states with higher income taxes outperformed states with no income tax. My colleagues and I compared the economic track record of the states that have charted the most radically different courses with their income tax policies, or lack thereof. Specifically, we examined economic growth in the nine ...
Donald Trump: King of Deregulation?
Post Date: 2017-10-24 12:37:50 by Tooconservative
In a speech on October 11 promoting his tax-reform plan, Donald Trump spoke rosily of Americas economic revival, crediting himself for having cleared the way for growth. Since January of this year, we have slashed job-killing red tape all across our economy, the president said. We have stopped or eliminated more regulations in the last eight months than any president has done during an entire term. Its not even close. It seemed a characteristic bit of Trumpian magniloquencehes not only a boffo deregulator, hes the best ever! Still, it was a remarkable claim. Trump has overseen more deregulation than George W. Bush or Ronald ...
EPA Chief Scott Pruit To Repeal Obama’s Global Warming Rule
Post Date: 2017-10-09 15:34:53 by Tooconservative
Environmental Protection Agency (EPA) Administrator Scott Pruitt announced he would sign a proposed rule to repeal the centerpiece of former President Barack Obamas plan to fight global warming. Pruitt announced his intention to withdraw the Clean Power Plan (CPP) to applause from a crowd gathered at a mining event on Monday. EPA has been working to repeal the CPP for months. @EPAScottPruitt: Tomorrow, Ill be a signing a proposed rule to withdraw the so-called Clean Power Plan of the past administration. pic.twitter.com/6hjvfkoX5d Fox News (@FoxNews) October 9, 2017 The Obama administration finalized the CPP in 2015, which aims to cut carbon dioxide ...
A Conservative Tax Hike [ending state-tax deductions]
Post Date: 2017-10-01 22:13:25 by Tooconservative
President Donald Trumps tax-reform plan is in total a very expansive steaming pile of irresponsibility and the presidents argument that it will lead to sustained 6 percent economic growth is pure fantasy but it does have one attractive provision: raising taxes on blue-state progressives. The plan would eliminate the deductibility of state and local income taxes for federal tax purposes. In the highest bracket, Californians are paying 13.3 percent in state income taxes, and that money comes off the top when those high-earning Silicon Valley types are calculating federal taxes. In New York City, the Wall Street guys are paying 8.82 percent to the state and another ...
John McCain comes out against GOP's last-ditch Obamacare repeal bill
Post Date: 2017-09-22 15:12:24 by Jameson
Sen. John McCain announced Friday that he opposes the Republicans' last-ditch Obamacare repeal effort, which could almost nearly kill the bill. The Arizona Republican released a statement about the bill, proposed by Sens. Bill Cassidy, R-Louisiana and Lindsey Graham, R-South Carolina, which would repeal Obamacare's structure and replace it with block grants for states and it would roll back the 2010 health care law's Medicaid expansion.
How Price Gouging Helped My Family during a Storm
Post Date: 2017-09-07 10:24:54 by hondo68
I was grateful for Walmart because by raising its price for milk it thwarted the greedy customers who, without consideration for others, snatch up two and three gallons. Two years ago, Raleigh, North Carolina, was expecting a severe ice storm and some minor accumulation of snow. For those living in the Northeast that is just a typical Tuesday. But for those of us living in North Carolina, it is a reason to go into full panic. The Price of Milk So I decided to leave work a few hours early in order to beat the storm. Before leaving, however, my wife texted me and asked if I could stop on my way home and pick up some milk. By raising the price of milk, Walmart gave people proper incentive to ...
1:02:12 How to Get a Loan - Real Estate Investing Made Simple
Post Date: 2017-08-07 17:52:06 by A K A Stone
Cannabis company buys entire California town to create marijuana tourist destination
Post Date: 2017-08-04 19:12:58 by hondo68
© Google maps A 100-year-old ghost town founded during the California Gold Rush is being modernized for the green rush after a cannabis company purchased all the land, buildings and businesses for $5 million. On Thursday, American Green, a marijuana technology company, announced they purchased a small town in San Bernardino County with the intention of turning it into the the country's first energy-independent, cannabis-friendly hospitality destination.Read more Colorado weed sales top $100mn for 12th consecutive month "The Cannabis Revolution that's going on here in the US, has the power to completely revitalize communities in the same way gold ...
Rick Perry on supply and demand economics: Supply it, then demand will follow
Post Date: 2017-07-06 19:01:44 by Willie Green
Secretary of Energy Rick Perry sparked disbelief on Twitter Thursday after he tried to offer an economics lesson while touring a coal plant in West Virginia. "Here's a little economics lesson: supply and demand. You put the supply out there and the demand will follow," Perry said, responding to a question about a shale gas boom in comments captured by S&P Global Market Intelligence reporter Taylor Kuykendall. "The market will decide which of these they're going to pick and choose," Perry continued at Longview Power Plant. "I mean, that's really pretty simple. All too often, you have in the last eight years, you have an administration ...
Report: Steve Bannon wants to raise federal income taxes on the rich
Post Date: 2017-07-03 18:33:54 by Tooconservative
A companion piece to Andrews post this morning about the diminishing appetite among Republicans for tax cuts unto death. The mystery in Bannons case is why hes pushing this knowing that Paul Ryans going to vomit when he hears about it and the conservative, tax-cutting House Republicans caucus will quickly dismiss it out of hand. Maybe thats the point. Steve Bannon is causing a stir inside the administration by pushing an idea thats anathema to most Republicans: raising taxes on the wealthiest Americans to pay for steep middle and working-class tax cuts. (Some officials whove heard Bannons idea think its crazy, but the Presidents ...
China's JAC Motors unveils first vehicles assembled in Mexico
Post Date: 2017-07-01 21:21:34 by Anthem
JAC Motors of China has presented the first two SUVs manufactured in Mexico. It happened after JAC signed an alliance with Giant Motors Latin America and the Inbursa financial group, owned by Mexican magnate Carlos Slim, which represents an investment of around 4.4 billion pesos (236 million U.S. dollars). "It is significant for us to see our company enter the North America market, where Mexico plays an important and strategic role. We want to use this to gradually update our products and position the brand in a mature market with potential niche," David Zhang, deputy director-general of JAC International, told Xinhua on Tuesday. The vehicles are being manufactured at a plant ...
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