Proposed Left-Right Alliance Pushing ‘Wealth Taxes’ Probably Won’t Happen

Proposition 40, the California Billionaire Tax Act, is continuing to exacerbate the fissures within the Democratic Party between mainstream politicians such as Governor Gavin Newsom and the rising tide of Democratic socialists such as New York City Mayor Zohran Mamdani. The California Democratic Party has officially endorsed the one-time 5% tax on the worldwide net … Continue reading Proposed Left-Right Alliance Pushing ‘Wealth Taxes’ Probably Won’t Happen →

Is Democratic Socialism the Wave of the Future?

New York Mayor Zohran Mamdani The election of Zohran Mamdani as mayor of New York City earlier this year is another stark indicator of the growing popularity and influence that Democratic Socialist candidates and their ideas are having on American politics. Mamdani’s victory, no doubt, is worrying Democratic Party elites. They fear that the radical … Continue reading Is Democratic Socialism the Wave of the Future? →

The Tragedy of Alan Greenspan

Alan Greenspan, the second-longest serving Federal Reserve Chairman in history, passed away on June 22, 2026 at the age of 100. Greenspan was given the moniker of “Maestro” for his management of U.S. monetary policy, which saw periods of economic expansion, booming stock values, rising home prices, and low unemployment. While he was still lauded … Continue reading The Tragedy of Alan Greenspan →

Bleak Picture for U.S. Economy

"I don't think about Americans' financial situation" Similar to Hillary Clinton’s lack of empathy for the plight of unemployed West Virginia coal miners during her unsuccessful 2016 presidential run which contributed, no doubt, to her surprising defeat, President Donald Trump appears to be just as out of touch with the economic conditions of the vast … Continue reading Bleak Picture for U.S. Economy →

The Unseen Costs of War on Iran

While events in the unprovoked Israeli-U.S. aggression against Iran remain in flux due mostly to the quixotic, contradictory and downright duplicitous policies and actions of a seemingly mentally unstable American president, it is quite difficult to assess the effects of the war on U.S. and world energy markets and thus their overall economies. What is … Continue reading The Unseen Costs of War on Iran →

America at 250 – and the War on Iran

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 →

International Affairs Analyst Says Putin’s Time May Be Winding Down

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 →

Venezuela Next on Trump Hit List for Regime-Change Operation

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 →

Trump’s “Big Beautiful Bill” and the Ultimate Demise of the Dollar

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 →

The Trump – Powell Spat: A Distraction from the Debt Crisis

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 →