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Wednesday, February 5, 2025

FINANCE

DOJ Gives Epstein-like Slap on the Wrist to JPMorgan Chase

(Clint Siegner, Money Metals News Service) Gold and silver investors may have little in common with Jeffrey Epstein’s teenage victims or violent “Black Lives Matter” rioters, but there is one issue upon which they might all agree. Our system of justice often fails. Department of Justice officials refuse to apply the rule...

Anonymously Sourced NYT Report: Trump Paid $750 in Income Taxes in 2016, 2017

(Headline USA) President Donald Trump allegedly paid just $750 in federal income taxes the year he ran for president and in his first year in the White House, according to an anonymously sourced report Sunday in the New York Times, which refused to disclose how it came across or obtained...

Florida Gov. DeSantis Reopens State’s Economy, Bans Mask Mandate Penalties

(Headline USA) Gov. Ron DeSantis lifted all restrictions on restaurants and other businesses in Florida on Friday, and banned local fines against people who refuse to wear masks as he seeks to reopen the state's economy despite the coronavirus. The Republican governor's order unleashed fresh debate in the politically divided state, where...

Virtue-Signaling ‘Uncle Ben’s’ Rice Gets New Name…Sorta…

EDITOR'S NOTE: Tweets in this article contain profanity. (Headline USA) The Uncle Ben’s rice brand is getting a new name: Ben’s Original. Parent firm Mars Inc. unveiled the change Wednesday for the 70-year-old brand, the latest company to drop a logo criticized as an alleged racial stereotype. Some on Twitter objected to the...

Major Tech Company Execs Endorse Biden; Hate Trump’s ‘American Jobs First’ Agenda

High-level officials at Google, Microsoft and Facebook oppose President Donald Trump's reelection because he does not support the unlimited legal and illegal immigration necessary to sustain their monopolistic technocracy. The group endorsed Democratic presidential candidate Joe Biden and vice presidential candidate Kamala Harris in a public letter, the New York...

Beware of These Faulty ‘Inflation Protected’ Investments

The Federal Reserve last week reiterated its commitment to an unprecedented inflation-raising campaign. Specifically, the Fed aims to push the inflation rate above 2% for an extended period. The risk for investors is that central bankers succeed in their mission to depreciate the currency more rapidly – perhaps even more rapidly...

FedEx CEO Who Pushed Redskins to Change Team Name Mocks Shareholder’s Question

CORRECTION: The original version of this article incorrectly represented Scott Shepard as a "business journalist." He represents the Free Enterprise Project at the National Center for Public Policy Research, a conservative group that is a shareholder in FedEx. FedEx CEO Frederick Smith mocked a shareholder who questioned the company's advocacy...

US Bans WeChat, TikTok from App Stores, Citing Security Risk

(Associated Press) The U.S. Commerce Department said Friday it will ban Chinese-owned TikTok and WeChat from U.S. app stores on Sunday and will saddle the apps with technical restrictions that could seriously limit their functionality in the U.S. The order, which cited national security and data privacy concerns, follows weeks of...

Thinking About a Precious Metals IRA? Now May Be the Time

(Clint Siegner, Money Metals News Service) Gold prices have risen 35% since the March lows. The S&P 500 is nearly 50% higher. Stocks have outperformed but investors will want to think carefully before positioning for the months ahead. The equity markets’ move has been 100% fueled by the Fed’s liberal sprinkling of pixie...

Chick-fil-A Abandons San Antonio After Anti-Religious City Council Relents

Chick-fil-A is no longer seeking to open a restaurant in San Antonio, Texas---even though city officials were forced to relent and allow the Christian-owned business to open a franchise after more than a year of legal back-and-forth. “We are always evaluating potential new locations in the hopes of serving existing...

Salon That Exposed Pelosi Closes Its Doors Due to Constant Harassment

The salon that House Speaker Nancy Pelosi, D-Calif., illegally visited to get her hair done has been forced to close due to constant threats, according to the salon’s owner. Erica Kious, the owner of San Francisco’s eSalon, told Fox News this week that she is permanently shutting the doors to...

US Budget Deficit Hits Record $3 Trillion Through 11 Months

(Associated Press) The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the Treasury Department said Friday. The ocean of red ink is a product of the government's massive spending to try to cushion the impact of a coronavirus-fueled recession that...
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