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Tuesday, November 5, 2024

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IRS Employees Owe $50M, Despite Monitoring Americans’ Money

(Dmytro “Henry” Aleksandrov, Headline USA) A new audit by the Treasury Department’s inspector general found that IRS employees and contractors owe a collective $50 million in back taxes, who happened to be the same people who are constantly counting every penny in the wallets of the American taxpayers. The Daily...

Are Government Statistics Concealing the Truth About the Economy?

(Clint Siegner, Money Metals News Service) Americans are questioning all sorts of government functions these days. For example, the majority of people, according to polls, have doubts as to whether U.S. elections are free and fair. Some believe the federal justice system has been weaponized and used against those in...

Netflix Boycotted After Founder Donates $7M to Kamala Harris

(Dmytro “Henry” Aleksandrov, Headline USA) After Joe Biden left the presidential race on July 21, 2024, and endorsed Kamala Harris, Netflix co-founder Reed Hastings, who had wanted Biden to step aside for a very long time, donated $7 million to Harris's 2024 campaign. Trending Politics reported that this resulted...

Market Volatility, Political Drama Increases Uncertainty As Metals Fall

(Mike Gleason, Money Metals News Service) As Democrats prepare to coronate Kamala Harris, investors are growing nervous. One measure of investor apprehension is the VIX volatility index, also known as the fear index. The VIX spiked on Thursday to its highest level in three months. That coincided with a selloff on...

Support Sound Money: Bring Back Gold Clause Contracts

(Mike Maharrey, Money Metals News Service) One of the ways the government maintains its fiat money system is by throwing up legal and regulatory roadblocks to those wanting to use real money such as gold and silver. Reviving the use of gold clause contracts removes one of those barriers.  The...

African Countries Are Turning to Gold

(Mike Maharrey, Money Metals News Service) A growing number of African countries are turning to gold to hedge geopolitical risk and protect against currency losses. Nigeria, Uganda, Zimbabwe, Madagascar, and several other African nations have made moves to increase gold reserves, bring their gold home, and even back their currencies...

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...
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