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Thursday, July 25, 2024

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Teachers Union Boss Endorses Kamala in Unhinged Rant About Fascism

(Headline USA) Teachers union boss Randi Weingarten endorsed Vice President Kamala Harris as the Democratic Party’s presidential candidate in an unhinged rant on Monday. Speaking at the American Federation of Teachers’ annual convention in Texas, Weingarten warned that if Democrats don’t defeat former President Donald Trump, the U.S. could descend into...

Central Planning, Hubris, and a Lesson from 1953

(Mike Maharrey, Money Metals News Service) Don’t worry. It's fine. The Federal Reserve has everything under control. This seems to be the prevailing attitude in the marketplace. Sure, the Fed lost control of price inflation for a while, but that wasn’t really its fault. It was due to supply chain...

We Are in a Recession in Full-Time Jobs

(Mike Maharrey, Money Metals News Service) We’ve been told the economy is strong for more than a year. The strong labor market with millions of new jobs serves as a primary data point to support this claim. But the headline numbers don’t tell the whole story.  The labor market isn’t telling...

States Force Green Transition in Public Transportation Despite Taxpayer Burden

(Nolan Mckendry, The Center Square) – Despite a hefty taxpayer price tag, several states are requiring cities to transition their public transportation to emitting zero greenhouse gasses. Since 2022, seven states have passed laws to transition to zero-emission school buses. In Illinois, a law passed last year requiring all transit agencies...

Corporate Bankruptcies at Highest Level Since Great Recession

(Mike Maharrey, Money Metals News Service) Federal Reserve Chairman Jerome Powell and other Fed officials have started signaling interest rate cuts are coming, but it’s almost certainly too late to rescue a debt-ridden bubble economy addicted to easy money.  We’re already seeing the impacts of tighter monetary policy rippling through...

Far-Left Google Hides Trump Campaign Website

(Dmytro “Henry” Aleksandrov, Headline USA) Google continued censoring Donald Trump's campaign website in its search engine and propping up his political opponents. After searching Google using a “clean environment” (without the influence of prior search history and tracking cookies), MRC researchers discovered that Google completely eliminated Trump’s website from the...

If You’re Going to Take a Bribe (You Shouldn’t), at Least Get Gold

(Mike Maharrey, Money Metals News Service) At least he accepted bribes that would retain their value.  On July 16, a jury convicted Senator Bob Menendez (D-N.J.) on 16 counts, including wire fraud, bribery, and extortion. According to the indictment, the senator and his wife took bribes, including 13 gold bars, from...

DNC Says It’s Investing $15M on Turnout, Operations in 7 Swing-States

(Headline USA) Democrats are trying to offer political counterprograming to the Republican National Convention in Milwaukee, announcing $15 million to fund campaign operations in seven key swing states—even as some in the party have urged President Joe Biden to bow out of November's election. The Democratic National Committee announced Tuesday...

Union Leaders Address RNC as Trump Expands Rust-Belt Outreach

(Elias Irizarry, Headline USA) As was the case in 2020, the first day of the 2024 Republican National Convention in Milwaukee suggested that a major theme this year would be expanding the party's reach to nontraditional GOP voters. “In 2020, I made a mistake—a mistake that is hard to admit,...

Canadian Gold Exports to China Surge in Another Sign of Gold Flowing from West to East

(Mike Maharrey, Money Metals News Service) Canada’s growing gold exports to China provide more evidence of the shift of gold from the West to the East.  Asian gold demand has been hot through the first half of 2024. Vietnamese and Thai investors flocked to gold despite long lines and high...

Gold’s Breaking Records: But This Metal May Beat It…

(Lau Vegys, Money Metals News Service) 102% - That’s how much silver has rallied since it bottomed during the pandemic crash in March 2020. If you haven’t been following silver, this may come as a surprise. After all, gold’s been getting most of the attention after it hit new all-time...

The Federal Government Is Spending Us Into Oblivion

(Mike Maharrey, Money Metals News Service) The June federal budget deficit was "only" $66 billion. This looks like a big improvement, but it wasn't.  Even more concerning is the fact that interest on the accumulating debt is eating up nearly one-third of federal tax receipts.  The deficit came in lower because...
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