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Category Archives: The Mine or the Shaft
Powell’s “aggressive pivot“
Federal Reserve Chairman Jerome Powell gave the market exactly what it wanted on Wednesday–although that might not be exactly what the economy needs. The Dow Jones Industrial Average was down about 44 points ahead of the Fed announcement; and ended … Continue reading
It’s the Inflation, Stupid
Biden and Pelosi predict victory in ‘22, but voters blame them for rising prices. “We’re going to win in 2022,” Joe Biden promised the Democratic National Committee at its holiday party. “I wanna tell my Republican friends: Get ready, pal! … Continue reading
The Flight of the Barbarous Relic
We’re told by experts that the Fed is our number one inflation fighter, our protector against economic meltdown. Certainly, any person who cares about our country would accord it only the highest respect. But Preston Mathews wants to destroy the … Continue reading
Banks around the world experiencing power outages, leaving millions of customers stranded from their cash, assets
What’s going on? The IT systems of banks around the world are being hit with denial-of-service attacks, and it’s unclear why or how long they will persist. But one thing is certain: When these outages occur, customers are cut off … Continue reading
Taking America to the Cleaners
Our nation and people have experienced higher inflation in past years, than we are currently experiencing, but the difference today is our federal government rests in the hands of America’s radicals who are acting with purpose and intent to destroy … Continue reading
The Nation in the Bubble
Why is the U.S. economy stagnating instead of booming? Simple: We have spent a year training Americans to believe that work is alternately unsafe, unavailable or unnecessary. This week, the Biden administration received just the latest slap in the face … Continue reading
The Necessity of Avoiding Group Think For Future Financial Survival
For the past year now, I have been writing about the importance of not only avoiding group think and greatly increasing one’s ability to think critically but also of the necessity to get one’s finances in order. These two achievements … Continue reading
Social Security to become unable to pay full benefits sooner than previously estimated
Social Security’s trust funds will become unable to pay full benefits starting in 2034, one year earlier than estimated last year, its trustees projected Tuesday, as the COVID-19 pandemic forces a reassessment of the giant federal program’s finances.
“Gold, Mr. Bond!”
‘Goldfinger’ 2021 plot twist could be villainous for banks In the plot to the 1964 James Bond classic, international gold smuggler Auric Goldfinger hatches a dastardly plan to enrich himself and his outsized gold holdings by setting off a Chinese-made … Continue reading