How much money can our government give away and still remain viable? How much money can Americans spend without being tired of spending? How many subsidies is the business community willing to accept without recognizing its addiction to socialism? So far, the federal government, under the guise of Covid relief, has passed five laws that…
Thomas Catenacci on March 18, 2021 Senate Banking Committee Republicans led by Ranking Member Pat Toomey urged Federal Reserve Chair Jerome Powell not to pursue environmental policies in a letter Thursday. Toomey and the other Republican committee members warned that the Federal Reserve potentially using regulatory authority to push an environmental agenda would be beyond…
Jason Hopkins The New York Stock Exchange (NYSE) paused trading Monday after stocks plummeted more than 10% over coronavirus concerns, triggering a 15-minute pause in trading. The coronavirus pandemic is still wreaking havoc on the stock market, despite major action by the Federal Reserve to improve investor confidence. The S&P 500 and Nasdaq fell about 9%, and…
President Donald Trump is trying to advance two conflicting narratives about the US economy. A pair of tweets the president recently sent out within an hour of each other demonstrates the bizarre balancing act he’s trying to maintain. The Fake News LameStream Media is doing everything possible the “create” a U.S. recession, even though the…
Our economy is strong, but so is the possibility that it may have an Achilles heel—the national debt. That was the consensus of participants in a recent panel discussion at The Heritage Foundation. The unmatched power and recently strong economic growth of the United States masks a dangerous hazard that could lead to our collective downfall,…
When people talk about the economy, they generally focus on government policies such as taxation and regulation. For instance, Republicans credit Pres. Trump’s tax cuts for the seemingly booming economy and surging stock markets. Meanwhile, Democrats blame “deregulation” for the 2008 financial crisis. While government policies do have an impact on the direction of the…
A lot of people labor under a misconception that President Donald Trump opposes the Federal Reserve. While the president has leveled a great deal of criticism at the central bank in recent months, he has never opposed the Fed in principle. He’s merely expressed frustration that the central bankers won’t implement the monetary policy he…
Herman Cain, the former Godfather’s Pizza CEO and 2012 Republican Presidential candidate, is reportedly under consideration by the Trump administration for a seat on the Federal Reserve Board. Cain, 73, was in the White House on Wednesday, according to people connected to the issue. Two seats on the Fed Board are vacant, but the possibility…
by Mike Maharrey A bill introduced in the West Virginia House would repeal all taxes on gold and silver specie. Passage would pave the way for West Virginians to use gold and silver in everyday transactions, a foundational step for the people to undermine the Federal Reserve’s monopoly on money. Del. Pat McGeehan (R-Chester) introduced…
by Josh Guckert April 7, 2015 Government Agencies Are Out of Control When George Washington became President, his cabinet consisted of only an Attorney General and the Secretaries of State, War and Treasury. Needless to say, in the two centuries since then, government bureaucracy has gotten completely out of control, and it has become nearly impossible…