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Obama Administration Limits Freedom Again – The DOL Fiduciary Rule

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The Obama Administration continues its eight-year assault on the middle-class and lower income citizens. The Department of Labor finalized its recommendations to redefine a “fiduciary” in the retirement income space, and the implications will be significant for restricting investment options and advice for most Americans who need it most. In 1974, Congress passed the Employee Retirement Income Security Act, which ...

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Brexit – A Portent for the EU and Possibly for America

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Bigger is rarely better. Especially when it comes to governance. The “bigger” government is, the more detached from the governed it becomes; the more onerous its regulations and taxes become, and it becomes more susceptible to the ideologically motivated cause célèbre of the ruling elite. We have seen that verity over the past several years in America, and apparently the ...

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What’s what in tech – big data finds the winners and losers

Tech trends

Tech startup accelerator, Y Combinator, uses keywords from tech applications to see what sectors are on the rise and what’s getting left behind. Courtesy of: Visual Capitalist Y Combinator breaks the keyword-based research down in a post on the company’s The Macro blog, which discusses many of these trends over the course of years in great detail. Slack, the popular workplace ...

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China vs. The United States – A Tale of Two Economies

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Nothing shows data like an infographic and with Republican candidate Donald Trump shining a light on U.S./China trade disparities … here’s just that infographic. Courtesy of: Visual Capitalist

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NYT: Americans not appreciating Obama’s economic achievements

Obamacare recession

The New York Times is well-known to be little more than a Democrat ‘office of propaganda’ and this week, it’s working to change American’s perceptions of Obama’s “success” in saving the economy. the U.S. economy is in much better shape than the public appreciates, especially when measured against the depths of the financial crisis and the possibility — now rarely ...

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What Americans buy – in real time [chart]

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Advanced economies are typically heavily reliant on the domestic consumption of goods and services, and the United States is no exception. This visualization shows U.S. consumption in real-time. https://www.couponbox.com/real-time-consumption/embed/Source: Couponbox.com Lottery tickets, coffee or a book? We buy 10 times in lottery tickets what we do in books. DOOM! Doom I say! Or .. maybe I can have that gold plated ...

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So exactly what kinds of jobs are people actually finding these days? [chart]

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An estimated 589,000 jobs were created in the first three months of 2016 – an accomplishment the Obama administration and liberal analysts tout. Just what kinds of jobs were created should have them rethinking that self-praise. Here’s a visual breakdown of the U.S. Bureau of Labor Statistics (BLS) private sector job growth data for Q1 2016. Courtesy of: Visual Capitalist ...

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Obama to add $10 per barrel oil tax

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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 ...

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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 ...

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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 ...

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Economic Freedom, Not Socialism, Eradicates Poverty

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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 ...

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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 ...

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

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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 ...

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