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Monday, January 6, 2025

FINANCE

McConnell Says Companies Weighing in on Controversial Issues is ‘Quite Stupid’

(Headline USA) Senate Republican leader Mitch McConnell said Tuesday “it's quite stupid” for corporations to speak out politically, intensifying his warnings for big business to stand down as Congress delves into voting rights, President Joe Biden's infrastructure package and other defining issues. Speaking in Kentucky, the GOP leader said he still...

Newsom Says Calif. Expects to ‘Fully Reopen’ Economy on June 15th

(Headline USA) California plans to lift most coronavirus restrictions on businesses and workplaces June 15, with officials saying enough people should be vaccinated by then to allow for life to almost get back to a pre-pandemic normal. The mask mandate in the nation's most populated state will remain in effect, Health...

Biden Called to Account for $500K in Unpaid Taxes

(Bethany Blankley, The Center Square) – Rep. Jim Banks, R-Ind., sent a letter to President Joe Biden last week asking him to explain why he reportedly used a tax loophole to avoid paying $500,000 in payroll taxes. In a letter, Banks, who serves as Republican Study Committee chairman, asked Biden, “Do you intend to...

Don’t Be Fooled by the Stock Market Rally

Markets tend to move in cycles. They typically experience cyclical pullbacks after trending higher for a long period of time. Rarely do markets move straight up or straight down. The stock market has, however, essentially moved straight up since the March 2020 mini-crash. As the market moves higher, an increasing...

New York’s Tax Burden Ranks Highest in the Country

(C. M. Schmidlkofer, The Center Square) New York has the highest tax burden in the country, according to a new analysis. The Empire State’s property tax burden and individual income taxes ranks first and total sales and excise tax at 22nd according to personal finance website WalletHub’s 2021’s Tax Burden by...

Treasury Secretary Janet Yellen Wants ‘Global Minimum Corporate Tax’

Janet Yellen, President Joe Biden’s Treasury Secretary, expressed the Biden administration’s support for “global minimum corporate tax,” the Associated Press reported. According to Yellen, the Biden administration would work with the Group of Twenty, a conglomeration of twenty so-called “advanced” nations, to enforce the proposed global taxation. The Treasury Secretary, who...

Yes, the Fed Will Cover Biden’s $4 Trillion Deficit

(Clint Siegner, Money Metals News Service) Central bankers and their comrades in Washington DC changed course in 2020. The policy shifted from “print money and hand it to Wall Street” to “helicopter money” in the form of direct payments and loans to citizens. The fiscal stimulus, like the Fed’s monetary stimulus...

Ga. Republicans Remove Coke Products from Offices After Company Folds to Woke Mob

A group of Georgia Republicans circulated a letter asking their colleagues to remove Coca-Cola products from their offices in response to the company’s criticism of the state’s new election integrity law. In a letter addressed to the soft drink company, eight lawmakers from the state House accused the company of...

Smug Leftists at Amazon Apologize to Congressman for Bogus ‘Peeing’ Tweet

(Associated Press) Amazon is sorry for tweeting about peeing. The company apologized in a late Friday blog post for a tweet it sent to a congressman more than a week ago denying that its employees work so hard they must urinate in empty water bottles. It also admitted that some delivery drivers...

Kemp Defends Election Integrity Law Against Woke & Spineless Corporate CEOs

Georgia Gov. Brian Kemp dismissed the corporate backlash to the state’s new election integrity law, saying he’s “glad to deal with it.” “If they want to have a debate about the merits and the facts of the bill, then we should do that,” Kemp told CNBC on Wednesday. Facing boycott pressure...

Why Dave Ramsey and Other Financial Gurus Are WRONG About Gold

Longtime gold bashers are gloating over the precious metal’s recent price slump. Gold prices have declined more than 10% in the first quarter of 2021. But the perma-bears shouldn’t feel vindicated. After all, anyone who heeded their advice missed out on gold’s record run in 2020 – and on many years...

Radical Activists Continue to Bully Companies over Ga. Voting-Integrity Law

(Headline USA) It may not have taken much for virtue-signaling leftist corporations like Coca-Cola to speak out against Georgia's newly passed laws strengthening election integrity. But the threat of boycotts and negative push-back from well-funded activist leaders, including those rooted in Atlanta's minority community, helped seal the deal. Some of Georgia's...
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