Millions to Receive Social Security Retroactive Payments

Some of these beneficiaries, most of whom were either federal employees or worked for local governments, will also see bigger monthly checks beginning in April.

Millions of Americans who receive Social Security benefits will get a lump-sum amount and see a spike in their monthly payments as part of a new law signed last month, according to the U.S. Social Security Administration (SSA).

The agency “is immediately beginning to pay retroactive benefits and will increase monthly benefit payments to people whose benefits have been affected by the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO),” SSA said in a Feb. 25 statement.

These provisions reduced or eliminated the Social Security benefits for over 3.2 million people who receive a pension based on work that was not covered by Social Security (a non-covered pension).” Continue reading

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The Great American Heist: It’s Not About the Missing Trillions

The most potent and powerful weapon has been deployed against America. This weapon is so devastating that it has the potential to bring America to its knees and even collapse. It is a weapon that has festered for decades and is now ready to explode!

We have been robbed! Our wealth has been siphoned away, and malicious thieves have covered their tracks. Many Americans have felt this growing suspicion as news of the Department of Government Expenditures (DOGE) audit emerges.

But what if I told you that The Great American Heist is not merely about missing money, but something far more disturbing and sinister? Buckle your seatbelts; we may be in for a crash landing! Continue reading

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19 Money Lessons From the Great Depression That Still Matter Today

Great Depression photo by Library of Congress

People love to say, “Times are different now.” Sure, technology has advanced, and we’re not waiting in bread lines, but human nature hasn’t changed.

Money mistakes today look a lot like money mistakes back then. People overspend, rack up debt, ignore risks, and assume good times will last forever.

The Great Depression taught a generation the hard way that financial security isn’t guaranteed. Continue reading

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If You Invested $10,000 in Gold 20 Years Ago…

Gold has been a sought-after prize since the beginning of recorded history. From the days of the ancient Mesopotamians to the 21st century, gold has been used for everything from jewelry to currency. And while gold is still prized for numerous industrial and cosmetic purposes, it’s also valued in the investment world. Continue reading

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Repricing US Gold Reserves Would Be Bullish for the Market, Signaling the Precious Metal Is Not a ‘Barbarous Relic

Much attention has been focused on US gold reserves in recent days, especially the stockpile in Fort Knox. While Treasury Secretary Scott Bessent dismissed the possibility of revaluing the stash of gold to market levels, an analyst said that would be bullish for prices, which have already been on a tear. Continue reading

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Snyder: Where Did All Of That Money Go?

Apparently our government cannot explain how 4.7 trillion dollars was spent. Are you kidding me? A stack of 4.7 trillion one dollar bills would reach all the way to the Moon and part of the way back. This is yet another example of why we desperately need the Department of Government Efficiency. Continue reading

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Musk Signals Looking Into Gold at Fort Knox

Auditing Fort Knox gold reserves is “several decades overdue,” says a sound money advocacy group executive.

Aurick Goldfinger

Tech billionaire Elon Musk indicated that Fort Knox, the Kentucky-based facility famous for storing U.S. gold reserves, could be investigated.

“Looking for the gold at Fort Knox,” Musk wrote on social media platform X on Feb. 18. “Who is confirming that gold wasn’t stolen from Fort Knox? Maybe it’s there, maybe it’s not. This gold is the property of the American people. I sure hope it’s still there!Continue reading

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The Fed Has Stopped PRETENDING that Price Inflation Is Going Away

At its September 2024 meeting, the Fed’s FOMC cut the target federal funds rate by a historically large 50 basis points and then justified this cut on the grounds that “The Committee has gained greater confidence that inflation is moving sustainably toward 2 percent, and judges that the risks to achieving its employment and inflation goals are roughly in balance.”

The FOMC again cut the target rate in November and then again in December. Each time, the FOMC’s official statement said something to the effect of “[price] inflation is headed to two percent. Specifically, the November statement said “[Price inflation] has made progress toward the Committee’s 2 percent objective.” The December statement said exactly the same thing. Continue reading

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Paper Money and the Fed Have Destroyed the Penny and the Rest of Our Money

President Trump has ordered the U.S. Mint to stop producing pennies. The reason is that it’s too costly to produce them. It costs the Mint nearly four cents to produce one penny.

The penny phenomenon is good example of what the federal government — and, specifically, the Federal Reserve — has done to our money.

Ever since the Fed and a paper-money system were established in 1913 and the 1930s, the Fed has destroyed the value and stability of American money. Continue reading

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Is It the Money or… Is It the People?

What’s Responsible for Third World Economic Problems: The Monetary System or Dishonesty?

In a video of Jayant Bhandari at a Hans Hoppe conference – Property and Freedom Society (2024) – titled “Understanding India.” To summarize, he mentioned a number of cultural ideologies and mindsets he experienced in India which were totally different to what he experienced when he first came to the Western world. The contrast was so great that he had a culture shock when he came to the West and he did not know how to react.

When listening to the video, however, I kept thinking, “Surely, he is talking about Africa! He must mean Nigeria, Kenya, Zimbabwe, right?” I double-checked the title of the video to verify that he was, in fact, talking about India. What struck me, particularly as an African, was how many similarities there seemed to be between the cultural ideologies and thinking of the two regions. Here is a summary of some of the traits… Continue reading

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