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Tuesday, July 16, 2024

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Putting the National Debt Into Perspective We Can All Understand

(Mike Maharrey, Money Metals News Service) U.S. government borrowing and spending never stops. The federal government ran another big deficit in June, as the national debt inches closer to $35 trillion. $35 trillion USD. Trillion with a 'T.'  That's an unfathomable number. It's meaningless to most people. We simply can't comprehend a number...

Fiscal Watchdog Grades Members of Congress on Spending, Tax Votes

(Arjun Singh, The Center Square) Congress’s job approval rating among voters in June was just 16%, one of the lowest in history. But not all members of Congress are equal, not in the eyes of a taxpayer-focused group that scored them on fiscal responsibility. The National Taxpayers’ Union (NTU), a...

Uganda Joins Growing Number of African Countries Turning to Gold

(Mike Maharrey, Money Metals News Service) Uganda has joined the growing number of African countries turning to gold to support their currencies.  The Ugandan central bank has announced a domestic gold-buying program to buy gold directly from local artisanal miners. According to a statement on the Bank of Uganda’s website, “The...

Target to Stop Accepting Personal Checks on July 15

(Headline USA) Target will no longer accept personal checks from shoppers as of July 15, another sign of how a once-ubiquitous payment method is going the way of outmoded objects like floppy disks and the Rolodex. The Minneapolis-based discounter confirmed the move in a statement to the Associated Press on...

Money Metals Midweek Memo Recap: Jerome Powell’s Testimony and Platinum’s Potential

(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey provides a comprehensive overview of Federal Reserve Chairman Jerome Powell's recent testimony and delves into the investment potential of platinum. Jerome Powell's Testimony: Market Movements and Rate Cuts Federal Reserve Chairman Jerome Powell's testimony...

Is It Time to Get Bullish on Platinum?

(Mike Maharrey, Money Metals News Service) Is now a good time to get bullish on platinum? I’ve written a lot about the fact that silver appears to be underpriced given both technical factors and the supply and demand dynamics. Platinum may be even more undervalued. The current platinum price is hovering...

Have We Been in Recession for Years?

(Peter St. Onge, Money Metals News Service) Have we already entered a recession? Worse, have we been in a recession for years now? Recently I joined Jeff Tucker of the Brownstone Institute on an article about the Herculean task of trying to figure out what's actually happening in the economy. Which is a challenge given every official...

Red State’s Capital City Considers Measure to Limit Tourists on Saturdays

(Headline USA) Each year, a crush of tourists arrives in Alaska’s capital city on cruise ships to see wonders like the fast-diminishing Mendenhall Glacier. Now, long-simmering tensions over Juneau’s tourism boom are coming to a head over a new voter initiative aimed at giving residents a respite from the...

House Judiciary: Taxpayers Funding Border Crisis, Services to Illegals

(Bethany Bankley, The Center Square) Taxpayers are not only funding the border crisis, but they are also paying for numerous free services illegal immigrants receive, according to a new report published by the House Judiciary Committee and its Subcommittee on Immigration Integrity, Security, and Enforcement.  The committee blames the Biden...

Biden’s Title IX Rewrite Threatened by Post-‘Chevron’ Legal Landscape

(Casey Harper, The Center Square) President Joe Biden’s attempt to re-interpret Title IX and thereby implement a sweeping LGBT agenda at schools around the country may be put on hold after a few key court rulings. The Biden administration’s overhaul of Title IX is set to take effect Aug. 1,...

Joey Chestnut Takes Talents to Texas After Fallout with NYC Event

(Headline USA) Competitive eater Joey “Jaws” Chestnut will take his hot dog-downing talents to an army base in Texas for America's Independence Day this year after a falling out with organizers of the event that made him famous, the annual 4th of July eating contest in Brooklyn's Coney Island. Chestnut,...

Reddit Confession Unravels Foreign Student’s College Scholarship Fraud

(Jacob Bruns, Headline USA) A foreign student was arrested by police after admitting in a Reddit post to falsifying documents and lying about his life in order to attain a full-ride to Lehigh University, The Blaze reported. Aryan Anand, 19, was exposed in the wake of the post and stripped...
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