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Monday, November 18, 2024

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Federal Spending Remains on ‘Unsustainable Long-Term Fiscal Path’

(Brett Rowland, The Center Square) A Ccongressional watchdog told President Joe Biden and Congress on Thursday that the federal government is on an "unsustainable long-term fiscal path." The report from the U.S Government Accountability Office comes a week after a Congressional Budget Office report found federal spending is projected to...

Former CEO: High Interest Rates ‘Killing’ Companies as Layoffs Continue

(Bethany Blankley, The Center Square) President Joe Biden is blaming corporations for high prices and "shrinkflation." Business executives and many economists disagree, arguing the real problem is inflation created by federal deficit spending policies. Ahead of the Super Bowl, Biden tweeted a video saying, “While you were Super Bowl shopping, did...

Law-Enforcement Officials Warn That Terrorists Are Targeting Small-Town America

(Gwendolyn Sims, Headline USA) Country-music superstar Jason Aldean may have intended his recent hit "Try That in a Small Town" as a warning to big-city interlopers. But now, it seems, some terrorists may view it as an invitation. And just as the song suggests, one local law-enforcement official is advising...

Fed Bank Bailout Program Ends in March… Then What?

(Mike Maharrey, Money Metals News Service) The bank bailout program established by the Federal Reserve in the wake of last spring's banking crisis is scheduled to shut down on March 11. Then what? There are a lot more questions than answers. For instance, will the Fed blink? And if it doesn’t, how will...

Why Rising Shipping Costs Won’t Cause Inflation

(Mike Maharrey, Money Metals News Service) Defining inflation as "rising prices" creates all kinds of confusion. As I explained in-depth, historically, inflation meant an increase in the amount of money and credit in the economy, or more succinctly, an expansion in the money supply. Rising consumer prices - price...

Disastrous Court Hearing on Affair Likely Spells Doom for Fani Willis and Lovebird

(Brett Rowland, The Center Square) Attorneys grilled the paramour of Fulton County District Attorney Fani Willis for several hours Thursday over the couple's relationship and when it started as defense attorneys worked to get Willis thrown off the prosecution of Donald Trump's election interference case. Special prosecutor Nathan Wade's testimony followed...

The Fed Hasn’t Done Enough to Beat Price Inflation

(Mike Maharrey, Money Metals News Service) Price inflation was supposed to be dead and buried months ago. But it’s doing just fine, thank you very much. The January Consumer Price Index report makes that pretty clear. Sure, the Federal Reserve managed to knock inflation down. But it was never out....

CIA on Spying Scandal: ‘That’s Classified’

(Ken Silva, Headline USA) The CIA is facing a lawsuit from journalists and lawyers who say the agency spied on them when they visited WikiLeaks founder Julian Assange while he was living under political asylum at the Ecuadorian embassy in London. The plaintiffs filed their lawsuit in August 2022 and...

Rapinoe Mocks Christians, Claims There Is ‘Special Place in Hell’ for Her Haters

(Headline USA) Ex-U.S. women’s soccer player Megan Rapinoe mocked Christians and claimed her haters occupied a “special place in hell” during an interview this week, Outkick reported. Despite twice leading the U.S. team to victory in the FIFA Women’s World Cup tournament, Rapinoe, an outspoken leftist lesbian, became a divisive...

New ‘National Security Threat’ Could be Russian Space Nukes, Sources Say

(Ken Silva, Headline USA) After Rep. Mike Turner, R-Ohio, sounded the alarm Wednesday on a vague new "national security threat" facing the U.S., multiple sources are saying that the threat relates to a space-deployed Russian anti-satellite weapon—sparking fears that the Russian weapon could have nuclear capability. However, skeptics aren't buying...

Dem. Rep. Wants $50 Minimum Wage in California as Consumers Pay Toll

(Jacob Bruns, Headline USA) At a Monday night debate in California, candidates for the United States Senate vied for the support of voters. One candidate in particular, Rep. Barbara Lee, D-Calif., floated the idea of raising the state's minimum wage to $50 per hour, Fox News reported. According to Lee, such...

Is Alex Soros Dating Anthony Weiner’s Ex-Wife?

(Luis Cornelio, Headline USA) Huma Abedin, the infamous ex-wife of disgraced former Rep. Anthony Weiner, and Alex Soros, the son of billionaire left-wing donor George Soros, caused a stir on social media when they publicly announced an apparent relationship.  On Wednesday, Soros took to Instagram, sharing a photo of himself with Abedin...
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