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Fast-Food Jobs Disappear after California Enacts $20 Minimum Wage
(Matthew Doarnberger, Headline USA) Fast-food restaurants across California have decreased their hiring of workers as part of the fallout from the state's $20-an-hour minimum-wage law that took effect April 1.
After Gov. Gavin Newsom signed the legislation into law last September, which applied to nearly all fast-food chains (with a...
Brazilian UFC Fighter Delivers Economic Punch to the Face
(Mike Maharrey, Money Metals News Service) Why is CNN suddenly highlighting an Austrian free-market economist? You can thank a Brazilian UFC fighter.
After a recent victory, a bruised and bloodied Renato Moicano gave a shoutout to Ludwig von Mises and the U.S. Constitution.
“I love America. I love the Constitution. I...
Congress’s Inaction on Debt ‘Irresponsible,’ Says Former Comptroller
(Brett Rowland, The Center Square) The former U.S. Comptroller General said Congress' failure to address the federal debt burden was "irresponsible."
David Walker, former Comptroller General of the United States and a member of the Main Street Economics Advisory Board, said recent economic data should prompt lawmakers to take action...
Biden Calls Economy ‘Strong’ Despite Poor GDP Growth
(Casey Harper, The Center Square) – President Joe Biden on Thursday defended newly released economic growth numbers that fell way short of economists' expectations.
Federal data shows the U.S. Gross Domestic Product grew at an annual rate of 1.6% in the first three months of this year, down from 3.4%...
Ukrainian Special Interest Group Seeks to Weaponize FCC against Musk
(Ken Silva, Headline USA) In September 2022, Elon Musk may have prevented a World War 3 when he instructed SpaceX employees to disable his Starlink internet service to prevent a Ukrainian attack on the Russian naval fleet in Crimea.
Now, a Ukrainian special interest group seeks to have the Federal...
‘Squad’ Rep. Paying Hubby $5K/Month in Campaign Cash, Despite Probe
(Headline USA) “Squad” Rep. Cori Bush, D-Mo., continues to pay her husband tens of thousands of dollars from her campaign despite a Justice Department probe into her alleged misuse of campaign funds.
Federal Election Commission records released on Monday showed that Bush’s campaign made two $2,500 payments to her husband, Cortney...
Don’t Be a Victim of Gold and Silver Scams!
(Mike Maharrey, Money Metals News Service) An elderly woman in Maryland lost nearly $800,000 in a gold scam. The incident underscores the importance of using caution when buying, selling, and handling gold and silver.
Montgomery County Detective Sean Petty told NBC4 that the woman was taken by a “well-crafted scam.”
The rip-off...
Here’s a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose
(Mike Maharrey, Money Metals News Service) Everybody wants to know when the Federal Reserve is going to declare victory over price inflation and begin loosening monetary policy.
The real question is - when are they going to make monetary policy tight again?
Because despite all the worry about high interest rates,...
Gold and Silver: A Hedge Against Currency Risk
(Mike Maharrey, Money Metals News Service) Holding fiat currency is risky business and that’s not going to change any time soon. Currency risk is one of the factors driving the recent rally in gold and silver. It’s no coincidence that the recent gold and silver rally started as the...
How Money Metals Exchange is Challenging the System
(Money Metals News Service) In this episode of Money Metals' Midweek Memo, host Mike Maharrey discusses the perceived ineffectiveness of the prevailing political strategy in the United States, which revolves around the notion of "voting the bums out" to solve issues.
Maharrey argues that this approach doesn't lead to significant...
Settlement Reached in Lawsuit between Disney and Ron DeSantis Allies
(Headline USA) Allies of Gov. Ron DeSantis and Disney reached a settlement agreement Wednesday in a state court fight over how Walt Disney World is developed in the future following the takeover of the theme park resort's government by the Florida governor.
In a meeting, the DeSantis-appointed members of the...
Fixing FDR’s Biggest Blunder: From Gold Standard to Fiat Folly and Back
(Jp Cortez, Sound Money Defense League) Today, states across the country are beginning to actively embrace pro-sound money legislation, inviting a critical examination of how America abandoned the gold standard of money and racked up $34.5 trillion in debt. To understand how we got here, it’s important to understand the...
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