Sunday, April 20, 2025

FINANCE

Congressman Seeks Full Audit of America’s Gold Reserves

(Sound Money Defense League) America’s gold reserves would be audited for the first time in more than 60 years if a measure introduced yesterday by U.S. Representative Alex Mooney (R-WV) becomes law. The Gold Reserve Transparency Act of 2021 – H.R. 3526 – backed by the Sound Money Defense League, Money...

DeSantis Signs Bill Penalizing Big Tech for Censorship

Florida Gov. Ron DeSantis signed a bill this week penalizing Big Tech companies that de-platform political candidates in the state and empowering individuals to sue those companies if they believe they were “unfairly censored.” Under the new law, the Florida Election Commission can fine social media companies $250,000 per day...

As Inflation Skyrockets, Plunging Consumer Confidence Forebodes ’08 Repeat

(Headline USA) Former president George W. Bush was often maligned by the Left during his presidency (before being lionized by them as a RINO traitor) for his poor economic stewardship. But contrary to what the history books and mainstream media narratives dictate, Bush presided over a remarkably robust economy for...

Rand Paul: ‘Profound Repercussions’ Coming from Federal Spending Spree

Sen. Rand Paul, R-Ky., warned that Americans must "wake up" to the "profound repercussions" that the federal government's unparalleled spending spree will have on the dollar, The Stream reported. Paul, a long-standing deficit hawk, said on Fox Business' Cavuto: Coast to Coast that Congress and the Federal Reserve have created...

Apple CEO Denies App Store’s Monopoly Control in District Court Testimony

(Headline USA) Apple CEO Tim Cook described the company's ironclad control over its mobile app store as the best way to serve and protect iPhone users, but he faced tough questions about competition issues from a judge Friday about allegations he oversees an illegal monopoly. The rare courtroom appearance by...

White House Teams Up w/ Dating Apps to Promote ‘Vax Badges’ for Healthier Hookups

(Associated Press) The White House is pushing a new reason to swipe right: vaccination badges and “super swipes” for people who've gotten their coronavirus shots. The Biden administration said Friday it's teaming up with dating apps to showcase the benefits of getting a shot. Apps like Hinge, Tinder, Match and Bumble are...

Biden’s IRS Plan: Hire 87K New Unionized Agents & Fill Democrat Coffers

The Treasury Department released a new tax compliance initiative in which the Internal Revenue Service will hire nearly 87,000 new agents to collect an additional $700 billion over the next decade. The American Families Plan Tax Compliance Agenda aims at fixing the "tax gap"—the difference between the federal government's expected...

Dem Congressman Made Big $$ on Med Stock Trades to Capitalize on Pandemic

(Associated Press) In the early days of the pandemic, New Jersey Rep. Tom Malinowski scolded those looking to capitalize on the health crisis, saying it was “not the time for anybody to be profiting” from selling goods to combat the pandemic. The two-term Democrat did not heed his own admonition. Since early...

GREAT RESET: Treasury Department Proposes 15% Global Minimum Corporate Tax

(Headline USA) The U.S. Treasury Department said Thursday that it supports a global minimum corporate tax rate of at least 15% — below the 21% minimum it has been seeking to impose on the foreign profits of U.S.-based companies. The offer comes as the Organization for Economic Cooperation and Development...

Biden’s Treasury Department Takes Steps to Monitor & Tax Cryptocurrency

(Associated Press) The Biden administration is taking steps to ensure Americans who pay for goods or services with cryptocurrencies don't sidestep the tax man. The Treasury Department issued a report Thursday that outlines measures. Among the proposed changes, businesses that receive "cryptoassets" with a fair market value of more than $10,000...

Major Tech CEO Speaks Out Against Woke Capitalism

(Brad Polumbo, Foundation for Economic Education) It seems like every day a new viral story crops up featuring a major company’s latest woke initiative or a major executive’s latest politically-charged stance. But in a refreshing twist, a top tech CEO just stood up for old-fashioned, profit-focused business—and spoke out against...

LOL! Hawaii Replacing Its Last Coal Plant w/ a ‘Giant Battery’—Powered by Oil!

(Jon Miltimore, Foundation for Economic Education) In 2015, Hawaii made history, becoming the first US state to mandate a full transition to renewable energy. The legislation, signed into law by Gov. David Ige, mandated that state utilities generate 100 percent of electricity sales from renewable fuels by 2045. Green energy publications...
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