Top News
Home >> Money

Money

Obama to add $10 per barrel oil tax

oil-field-services

President Obama is determined to wound the American economy further by putting an additional tax on oil. The White House announced Thursday that Obama will propose a $10 tax on each barrel of crude oil produced. At current prices, that represents a 33% increase in the raw material needed to make gasoline, diesel, fertilizer, heating oil, liquefied petroleum gas, plastics, rubber and ...

Read More »

ARTICLE V CONVENTION? I DON’T THINK SO!!!!!

Eagle-I willl not sit Eagle

There are many people, some who erroneously call themselves conservatives, panting at the idea of and calling for a Constitutional Convention as a resolution to the dilemma of politicians ignoring and violating the current document. What those poor, demented fools don’t understand, despite my numerous attempts to enlighten them, is that the ruling class political elitists will either abolish the ...

Read More »

San Francisco Too Expensive for Socialists to Live There

Socialism right for you

Leftists have been so successful at turning San Francisco into a “social justice” paradise that it’s getting harder for the rank–and–file cultural socialist to afford to live there. Statists who are already residents are being squeezed by higher property taxes and rising rent, while lefties who make their own Hajj to Bagdad–on–the–Bay and want to remain in the city can’t ...

Read More »

Economic Freedom, Not Socialism, Eradicates Poverty

1341180706_9658_freedom

America was was intended to be a “shining city on a hill” of freedom, individual liberty, and unlimited opportunity. She was never intended to be a socialist state. Socialistic egalitarianism is strikingly antithetical to the American paradigm. Founded in individual liberty, America has always been the one nation under heaven where equality of opportunity has taken precedence over equality of ...

Read More »

A Look at the Free Market Credentials of the GOP Candidates’ Tax Plans

This combo made from file photos shows the 2016 Republican presidential candidates who have officially declared their candidacy as of Sunday, July 12, 2015. Top row, from left, Former Florida Gov. Jeb Bush, retired neurosurgeon Ben Carson, New Jersey Gov. Chris Christie, Texas U.S. Sen. Ted Cruz, former Hewlett-Packard CEO Carly Fiorina, South Carolina U.S. Sen. Lindsey Graham, and former Arkansas Gov. Mike Huckabee. Bottom row, from left, Louisiana Gov. Bobby Jindal, former New York Gov. George Pataki, Kentucky U.S. Sen. Rand Paul, former Texas Gov. Rick Perry, Florida U.S. Sen. Marco Rubio, former U.S. Sen. Rick Santorum, and real estate mogul Donald Trump. (AP Photo)

Wednesday night’s CNBC GOP debate was touted as economic-centric. It ended up being more about the moderators baiting the candidates with ridiculous and biased questions, such as John Harwood’s query to Mick Huckabee as to whether Donald Trump has the “moral authority” to lead the nation. But there needs to be some serious discussion of economics injected into the primaries beyond ...

Read More »

Walmart avoids FTC investigation by removing questionable ‘Made in USA’ labels

walmart_marijuana

Walmart is a fine purveyor of the cheapest stuff on the planet and with that comes the reputation of being a retailer of mainly cheaply-made Chinese goods. The massive retailer tried to change that image by labeling more goods as “Made in America” and the Federal Trade Commission had a few questions about many of those items. The FTC said in ...

Read More »

Turning the Tables on Verizon & Other Cable Buccaneers

Cable guy

Charles Murray’s new book — BY THE PEOPLE: Rebuilding Liberty Without Permission —urges conservatives to embrace civil disobedience, but with a difference: We won’t loot CVS stores. In the face of all–pervasive government demanding we obey picayune regulations, Murray urges us to: “…withhold that compliance through systematic civil disobedience. Not for all regulations, but for the pointless, stupid and tyrannical ...

Read More »

The Next Stock Market Crash Is Near, And Obama Is Largely To Blame

Eagle-I willl not sit Eagle

Items that have led up to the impending crash: The 2008 real estate crash that took the economy down (caused directly by the Clinton administration by enforcing the Community Reinvestment Act which, under threat of further in-depth investigations by Clinton’s Attorney General Janet Reno, forced lending companies to make loans to risky borrowers, which in turn led to the sub-prime ...

Read More »

The Federal Reserve Doesn’t Understand Money

money capitol

Yesterday Ben Bernanke, former chairman of the Federal Reserve, published an asinine editorial in the Wall Street Journal describing how the central bank- and the central bank only- saved the economy through artificially suppressing interest rates. As if this blatantly irrational line of reasoning wasn’t comical enough, Bernanke further went on to browbeat Fed critics as not doing “their bit” ...

Read More »

Getting Real: Understanding the ‘Gig Economy’

Watching CNBC and reading economist blogs like ZeroHedge render a certain perspective on the American economy – I’ve decided to give mine. America is steadily evolving away from the democrat-favored, 8:30a-to-whatever, 40+ hour, single-job work-week to eith multiple 15-20 hour per week part-time jobs or the high-risk world of entrepreneurship. Check out our multi-part series on the ‘gig economy’ Part One: So ...

Read More »

Gig Economy: Working in Retail

Wal-mart front

As the American economy continues to slip into the crapper, more of us are taking multiple part-time jobs (gigs) to fill in the holes in our finances. Last week, I wrote about my UPS pre-loader early morning job, today – retail! See the rest of the ‘Gig Economy’ series: Part One: So you want to work as a UPS pre-loader ...

Read More »

Gig-economy: Why take a job as a UPS pre-loader?

UPS pre-loader image

Why would anyone consider a package loading job with UPS or Fedex? As the economy drives more Americans into part-time work and the “gig-economy” UPS and Fedex look appealing as they fill a time slot that most other part-time jobs don’t. I took a job as a UPS pre-loader to see if a UPS career made sense and I’ve decided ...

Read More »

Trump reveals tax proposal

Donald Trump the Republican candidate for President made a restrained and knowledgeable interview on 60 Minutes which aired Sunday night. Trump was interviewed by Scott Pelley where Trump shared his ideas on the Presidency, what needs to be done and what as President Trump would work on. Trump dropped a bombshell when he announced his new tax plan would raise ...

Read More »

Federal Reserve interest rate decision announced

Audit the Fed - HR 459

The U.S. Federal Reserves’ Open Market Committee (FOMC) has announced the decision to keep interest rates at 0%. The FOMC cited concerns over global economic conditions as the primary reason for not raising rates. The FOMC doesn’t directly affect all interest rates in the American economy. Instead, “the Fed” sets the overnight rate which banks use to charge interest for ...

Read More »

Inflation and Bubbles and Tulips: Crash Course Economics #7 [Video]

Inflation and Bubbles video

In which Adriene and Jacob teach you about how and why prices rise. Sometimes prices rise as a result of inflation, which is a pretty normal thing for economies to do. We’ll talk about how across the board prices rise over time, and how economists track inflation. Bubbles are a pretty normal thing for humans to do. One item, like ...

Read More »