Thursday, April 10, 2025

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Consumers Piled on More Debt in January But Borrowing Moderated

(Mike Maharrey, Money Metals News Service) American consumers continued to pile on debt in January, but at a moderating pace after the massive credit-card fueled spending spree for the holidays. Retail sales fell by 0.9 percent in January, and this was reflected in the slowdown in the growth of consumer...

Report: $128M in Federal Grants Spent on Gender Ideology

(Bethany Blankley, The Center Square) More than $128 million of federal taxpayer money was spent on at least 341 grants to fund gender ideology initiatives under the Biden administration, according to an analysis of federal data by the American Principles Project. In, “Funding Insanity: Federal Spending on Gender Ideology under Biden-Harris,” APP...

Trump Org Takes Capital One to Court over Debanking Post J6

(Luis Cornelio, Headline USA) Capital One may soon face consequences for unilaterally debanking Republican accounts after the Trump Organization and members of the Trump family filed a lawsuit for shutting down their accounts in 2021.  Following the protests of Jan. 6, Capital One abruptly closed roughly 300 accounts belonging to several Trump...

Idaho Eliminates Income Taxes on Gold and Silver

(Sound Money Defense League, Money Metals News Service) Idaho yesterday formally ended state income taxes on gold and silver as part of its largest tax cut in state history. House Bill 40, sponsored by House Speaker Mike Moyle and begrudgingly signed by the state’s liberal Republican governor Brad Little, provides...

Hunter Biden Wants His Laptop Lawsuit Thrown Out, Claims He Is Broke

(Maire Clayton, Headline USA) Hunter Biden wants a judge to throw out his laptop lawsuit after claiming he is now broke, according to the New York Post. The 55-year-old tried to drop his lawsuit against a former aide to President Donald Trump. He previously accused the aide of publishing an online...

Trump Admin. Moves to Abolish Another Foreign Aid Group

(Kyle Anzalone, Libertarian Institute) During the opening days of the second Donald Trump administration, the White House has worked to rein in and scale down government agencies that distribute foreign aid. The Inter-American Foundation (IAF) is next on the chopping block. On Friday, Trump appointed Peter Marocco as head of...

Ex-Homeland Security PPP Fraudster Sentenced to 15 Months in Prison

(Ken Silva, Headline USA) A former DC Homeland Security and U.S. Department of Agriculture was sentenced to 15 months in prison on Friday for perpetrating an $880,000 fraud on the COVID-era Paycheck Protection Program. The defendant, Wendy Nicole Villatoro, 40, formerly of Washington, D.C., pleaded for leniency leading up to Friday’s sentencing—asking a judge for...

Bessent Calls Out CBS Host for Downplaying Biden Economy, Panicking Under Trump

(Luis Cornelio, Headline USA) Treasury Secretary Scott Bessent called out CBS host Margaret Brennan on Sunday over the legacy media’s role in downplaying the economic turmoil under the Biden administration while suddenly sounding the alarm now that Donald Trump is president.  Brennan—who has repeatedly been criticized for regurgitating leftist talking points...

Trump Approves $3 Billion Weapons Transfer to Israel

(Kyle Anzalone, Antiwar.com) The White House used emergency powers to approve a $3 billion weapons transfer to Israel. The package includes arms that the Joe Biden administration was hesitant to send to Tel Aviv. On Friday, the Pentagon announced three arms packages for Israel totaling over $3 billion. The first sale...

Elon: Audit the Fed

(Peter St Onge, Money Metals News Service) Last week Elon Musk suggested DOGE could audit the Mother of Slush Funds, the Federal Reserve. He even suggested Ron Paul could lead the team. DOGE has already found at least $55 billion in waste and fraud. The Fed could ramp that up ten-fold. “Less Oversight than the CIA” Economist...

Wyoming Enacts Law to Establish Strategic Gold Reserve

(Jp Cortez, Money Metals News Service) A groundbreaking bill to establish a strategic gold reserve has just become law in Wyoming. Senate File 96 - also known as the Wyoming Gold Act - requires the Wyoming Treasurer to diversify the state's holdings by acquiring no less than $10 million in "specie...

Bitcoin Slides to Pre-Trump Prices

(Headline USA) The price of bitcoin fell below $90,000 and other cryptocurrencies saw large drops Tuesday morning, erasing some of the gains digital assets have made since President Donald Trump took office on a pro-crypto agenda. Bitcoin, the world’s most popular cryptocurrency, was trading at about $89,000 as the U.S. stock...
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