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
Tag: Trump
America’s Trade Deficit: An Enormous Concern
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
Memo to The Donald: Cut Tariffs NOT Rates
So far, President Trump’s economic response to a potential coronavirus outbreak and a further stock market sell off has been expected – calls for more interest rate cuts and an additional round of monetary stimulus. For the stock market, economy, and the virus itself, neither measure will have their desired effect and, in fact, may … Continue reading Memo to The Donald: Cut Tariffs NOT Rates
Pope Francis the Taxman
On the heels of calling for a Marxist economic conference this coming March (“Economy of Francesco”), Jorge Bergoglio (a.k.a. “Pope Francis”) has once again opined on financial matters. The purported head of the Catholic Church has now designated “tax cuts” as sinful behavior on a par, apparently, with stealing, lying, and adultery: Today’s structures … Continue reading Pope Francis the Taxman
The Geopolitical Consequences of a Coming Recession
With the recent ominous inversion of the 2-10 year yield curve and its near infallible predictive recessionary power, the consequences for the economy are plain to see, however, what has not been spoken of by pundits will be the effect of a recession on US foreign policy. If a recession comes about prior to November … Continue reading The Geopolitical Consequences of a Coming Recession
Debt, Death, and the US Empire
Deep State Operative John Bolton In a talk which garnered little attention, one of the Deep State’s prime operatives, National Security Advisor John Bolton, cautioned of the enormous and escalating US debt. Speaking before the Alexander Hamilton Society, Bolton warned that current US debt levels and public obligations posed an “economic threat” to the nation’s … Continue reading Debt, Death, and the US Empire
Mike Pompeo and John Bolton: Trump’s Tag Team of Death and Destruction!
Trump's Men! With the welcome departure of war mongering UN Ambassador Nikki Haley, the Trump Administration’s neocon tag team of death and destruction – Secretary of State, Mike Pompeo and National Security Advisor (NSA), John Bolton – have enthusiastically taken up where the repellent Haley has left off. It is highly doubtful that the former … Continue reading Mike Pompeo and John Bolton: Trump’s Tag Team of Death and Destruction!
Only Economic Collapse Will Bring Down the American Empire
The Bomber-in-Chief announces air attacks on Syria Despite the vehement pleas and letter-writing campaigns by a significant portion of his political base including notable media personalities such as Tucker Carlson against military action in Syria, President Trump committed what looks like political suicide by ordering air strikes on Friday evening. The bombing, thankfully, appeared to … Continue reading Only Economic Collapse Will Bring Down the American Empire
“Strong Dollar,” “Weak Dollar,” What About a Gold-Backed Dollar?
The recent hullabaloo among President Trump’s top monetary officials about the Administration’s “dollar policy” is just the start of what will likely be the first of many contradictory pronoucements and reversals which will take place in the coming months/years as the world’s reserve currency continues to be compromised. So far, the Greenback has had its … Continue reading “Strong Dollar,” “Weak Dollar,” What About a Gold-Backed Dollar?
What President Trump and the West Can Learn from China
Instead of a demonstration of its overwhelming military might intended to intimidate tiny North Korea and pressure China to lean on its defiant communist neighbor, President Trump and the West should try to learn a few things from China. The President’s trip to the Far East came on the heels of the completion of China’s … Continue reading What President Trump and the West Can Learn from China









