President Donald Trump’s decision to join Israel in its war of aggression on Iran has not only failed to achieve its political aim, but for the United States and the world economies, the financial fall out has been a disaster, which, if conditions continue, will only intensify. Although the United States is a net exporter … Continue reading Higher Energy Prices Threaten U.S. Unemployment, Affordability
The U.S Destroys Iranian Girls' School It is ironic that the unprovoked U.S-Israeli attack on the Republic of Iran has taken place in 2026, the 250th anniversary of American independence. No doubt there will be grand celebrations this summer for the American Revolution that brought the 13 colonies their freedom from England, However, the festivities … Continue reading America at 250 – and the War on Iran
Vladimir Putin has sky-high presidential approval ratings among Russians (the envy, no doubt, of every Western chief executive). He recently triumphed at the Alaska summit, where he got President Donald Trump to back off of his demand for a cease fire in Ukraine. The Russian president’s participation at the 2025 China Victory Day parade further … Continue reading International Affairs Analyst Says Putin’s Time May Be Winding Down
While it appears that the United States has finally realized that it has little leverage over Russia in the Ukraine war either to halt hostilities or alter battlefield conditions, it has, for now, begun to disengage from the contest despite the desperate pleas from Ukraine and its European backers. President Donald Trump has said that … Continue reading Venezuela Next on Trump Hit List for Regime-Change Operation
Despite considerable arm-twisting, President Donald Trump’s laughably misnamed “Big Beautiful Bill” (actually a Big Ugly Atrocity) barely passed both houses of Congress. Such a monstrosity, which has been conservatively estimated to add $5 trillion to the national debt including interest over the next decade, is a slap in the face to those souls who believed … Continue reading Trump’s “Big Beautiful Bill” and the Ultimate Demise of the Dollar
Since his return to office in January, President Donald Trump has called on Federal Reserve Chairman Jay Powell to cut interest rates which Powell and the Fed’s Board of Governors have refused to do. In typical child-like behavior when he doesn’t get his way, Trump has hurled insults at Powell calling him a “stupid person,” … Continue reading The Trump – Powell Spat: A Distraction from the Debt Crisis
While DOGE (the Department of Government Efficiency) has made almost daily headlines pointing out fraud and waste in government, the real battle over federal spending is beginning to take place. From what has been proposed, it looks like it will be business as usual in Washington. Last week, the full House of Representatives passed the … Continue reading Big Spending Continues Under Trump
Colorful houses of the coastal town of Ilulissat in western Greenland. Although Donald Trump is now in office, his statements since the election indicated he has forgotten his pledge to follow an “America first” foreign policy. This is what he promised during the recent presidential contest and what he pledged in the 2016 campaign, but … Continue reading Trump’s Grandiose Political Centralization Scheme Not America-First in Spirit
Former President Donald Trump attends a rally in support of Arizona GOP candidates, Prescott, Ariz., on July 22, 2022. (Mario Tama/Getty Images) Once again, former president Donald Trump criticized the Biden Administration for the record consumer price increases that Americans are now paying. His remarks followed up on his July 4th speech in Wyoming where … Continue reading Trump’s Inflation
Another milestone (or more accurately millstone) was recently passed by the U.S. economy as the January trade deficit surged to an all-time record high of $107.6 billion, up some $26 billion from December’s $80.7 billion imbalance.* Like the gigantic federal budget deficit, the trade imbalance is no longer talked about by the financial press. There … Continue reading America’s Trade Deficit: An Enormous Concern
Antonius Aquinas 