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Why Inflation Is at a 12-year High
• https://fee.org, Peter JacobsenIt's all about the money.
Contents Pages by Subject
Government Debt & Financing
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Going Viral in Japan:
• https://needtoknow.news by Gateway PunditJoe Biden Sent Out $1,400 Stimulus Checks to Roughly 150,000 Japanese Citizens
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Big Government and Big Inflation
• http://www.ronpaulinstitute.org, by Ron PaulApril's 4.2 percent past year increase in the Consumer Price Index is not likely to dissuade the Federal Reserve from continuing its policy of near-zero interest rates. Fed Chairman Jerome Powell believes the rising prices are just a temporary phen
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Inflation: Cost-push or Demand-pull?
• https://www.youtube.com, RonPaulLibertyReportThe effects of unprecedented government spending (of money it does not have) and unprecedented Federal Reserve counterfeiting of U.S. dollars are showing up in the economy with rapidly rising prices.
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Another Month, Another Huge Budget Deficit
• https://schiffgold.com, BY SCHIFFGOLDThe US government ran another huge budget deficit in April. The shortfall came in at $225.58 billion, running the total budget deficit through the first seven months of fiscal 2021 to a record $1.9 trillion, according to the Treasury Department's M
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We Are Dangerously Close To "The Tipping Point"
• by Michael SnyderEvery dollar that the federal government borrows and spends puts us even closer to a day of reckoning.
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Treasury warns of need to deal with national debt limit
• https://apnews.com By MARTIN CRUTSINGERThe Treasury Department says it will employ measures to avoid an unprecedented default on the national debt this summer, but officials say those measures could be exhausted "much more quickly" than normal given the unusual circumstances of the g
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Pentagon will cancel all Trump border wall projects paid for by diverting military funds-
• https://www.dailymail.co.uk by James Gordon--and return $14 billion to the Department of Defense as migrant crisis spirals
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Biden Bets the Farm -- to 'Change the World'
• https://www.lewrockwell.com by Patrick J. BuchananJoe Biden may not be a radical socialist, but he is doing the best imitation of one this writer has lately seen.
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Federal Taxes, Spending and Deficit All Set Records in First Half of FY2021
• https://www.cnsnews.com/article/washington/terenceFederal taxes, spending and the federal deficit all set records in the first six months of fiscal 2021 (October through March), according to the Monthly Treasury Statement.
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Jerome Powell Admits Federal Budget "Unsustainable" But Assumes We Can Fix It Later
• https://www.zerohedge.com, Via SchiffGold.comThrough the first six months of fiscal 2021, the US government ran a record $1.7 trillion budget deficit. Federal Reserve Chairman Jerome Powell said this is sustainable – for now.
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Financial Tyranny: Footing the Tax Bill for the Government's Fiscal Insanity
• https://www.lewrockwell.com by John W Whitehead"We are now speeding down the road of wasteful spending and debt, and unless we can escape we will be smashed in inflation."--Herbert Hoover
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Biden To Boost Already Bloated Pentagon Budget With Proposed $715 Billion
• https://www.zerohedge.com, by Tyler DurdenDespite progressive lawmakers in his own party long demanding a serious reduction in the Pentagon's notoriously bloated budget, President Biden on Friday is expected to request a whopping $715 billion for the Pentagon for fiscal year 2022.
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The Socialist Blind Spot
• https://www.fff.org by Jacob G. HornbergerSuppose a planet hurtling in space enters our solar system and begins circulating around the sun. The planet is perfectly habitable for humans.
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Top Tech
US military paid scientist to build 'physics-bending weapon for wars with UFOs'
• https://www.dailystar.co.uk By Michael MoranPentagon chiefs, concerned that China may already have advanced UFO technology, commissioned Dr Salvatore Pais to build a new kind of aircraft that can travel at incredible speeds
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Watch Live: Biden Unveils $2.25 Trillion Infrastructure Plan In Pittsburgh
• https://www.zerohedge.com by Tyler DurdenUpdate (1615ET): Biden and his team are in Pittsburgh - the city where he held his first campaign rally nearly 2 years ago - where he will be unveiling his "American Jobs Plan", the first part of his sweeping "Build Back Better" initiative.
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"The Largest Tax Hike In Generations" Could Pay For Up To 75% Of Biden's Next Spending
• https://www.zerohedge.com by Tyler DurdenOn Wednesday, President Biden will unveil the first part of a two-part stimulus plan aimed at infrastructure, climate change, and social programs.
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Forget "implicit" subsidies: Fossil fuels subsidize the whole world: feeding people and fo
• https://joannenova.com.auThe latest academic voodoo doll tossed at Fossil Fuels is a study claiming that the industry gets $65 billion in "implicit" subsidies in the US.
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I'm Hoping For An "Enormous" Infrastructure Package, Says Joe Manchin;
• https://www.zerohedge.com by Tyler DurdenAnd Maybe A VAT Will Pay For It I'd been idly hoping that the sticker shock of what Biden wants, upwards of $3 trillion, would scare Manchin away or at least lead him to give the infrastructure bill a serious haircut. (A shaved head, really.)
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Headed For A Collapsing Debt Bubble
• https://www.zerohedge.com by Gail TverbergA $1.9 trillion stimulus package was recently signed into law in the United States. Can such a stimulus bill, plus packages passed in other countries, really pull the world economy out of the downturn it has been in 2020? I don't think so.
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Democracy Cannot Be A License To Steal
• Ron Paul Liberty ReportDemocracy is useful for the peaceful transfer of power. However, in an of itself, Democracy does not equal "Freedom." In fact, neither the Declaration of Independence, nor The U.S. Constitution mention the word "Democracy" anywhere. Is it a coinciden
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Here's the List of the Top 20 States Getting 'COVID' Bailout Money (And Why It Raises a
• https://fee.org by Brad PolumboIt's simply naive and ignorant of human nature to expect people--especially the kind of people who become politicians--to dole out trillions of dollars without any hint of favoritism or impropriety.
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Biden Plans Biggest Federal Tax Hike Since 1993 To Fund Infrastructure, Climate Initiatives
• https://www.zerohedge.com, by Tyler DurdenHouseholds across the US rejoiced over the weekend as they received their first stimulus checks.
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Federal 'COVID' Spending Just Hit $41,870 Per Taxpayer.
• https://fee.org by Brad PolumboDid You See That Much in Benefit? For the same $6 trillion in expenditure, the government could have given every federal taxpayer a $41,870 check.
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Rabobank: Inflation Is Being "Hidden" Because Belief In Our Whole Fantasy System Is Collap
• https://www.zerohedge.com, by Tyler Durden"And as if in answer there came from far away another note. Horns, horns, horns, in dark Mindolluin's sides they dimly echoed. Great horns of the north wildly blowing. Rohan had come at last."
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Stimmy Vote Sinks Dollar, Bids Bitcoin & Big-Caps To Record Highs
• https://www.zerohedge.com by Tyler Durden"The Great Experiment begins" as the $1.9 trillion bucket of lard was passed entirely along partisan lines...
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The Fed Enabling Biden and Congress' Destructive Agenda
• Ron Paul Institute - Ron PaulAccording to the Congressional Budget Office (CBO), 2021 will be the second year in a row in which the federal debt exceeds Gross Domestic Product (GDP).
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Rothbard Explains How to Recover from an Economic Crisis
• https://www.lewrockwell.com by Antony MuellerConfronted with a severely weakened economy as the consequence of the policy-ordered lockdowns, governments now get ready to apply another severe blow to the economy.
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The First "Global Inflationary Depression" Is Very Possible
• https://www.zerohedge.com, by Tyler DurdenIt is possible that we might soon be witness to the first global inflationary depression.
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Democrats Celebrate Passage of $1.9 Trillion Coronavirus Bill:
• https://www.breitbart.com by HANNAH BLEAU'This Is Just the Start of What Congress Can Do'
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