Smith: Killing the American Dream

Bidenomics Has Decimated American Wealth

Some have suggested that the 70s economy under the peanut farmer, Jimmy Carter, was worse, but I don’t see it. Not nearly so many were out of work as there are today – some 106 million – and even as young as I was, I wasn’t without a job from the time I was thirteen and toting shingles for one of our local roofers. Whatever is happening across the board, it’s almost as if some black plague has hit at the heart of our economy and businesses aren’t quite as willing to give new entry level workers as much as a chance as what I witnessed during the 1970s, much of which stems from corporation’s current lack of tolerance for anyone who is unwilling to go along with political correctness and the Woke ideology that’s being forced down everyone’s throat. Continue reading

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We Know the Origin of the Gold Bars Found at Bob Menendez’s House

Sen. Bob Menendez (D-NJ) is weathering the political storm that is threatening to destroy his political career. It may seem like one million years ago, but the New Jersey liberal is facing serious corruption charges. It’s not the first time Menendez has faced such allegations, but this one has receipts and solid evidence of potential criminal activity. We have gold bars and at least $500,000 in cash found at his residence; some money was stuffed into clothing. Menendez faces bribery charges, along with acting as a foreign agent. Spencer has more: Continue reading

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Saving America Starts with Rejecting Digital Currency

America in the twenty-first century has been on an accelerating descent not unlike what befell ancient Rome. For some four centuries Rome’s Senate and constitution provided continuity which sustained the Roman Republic through various challenges. But in the end, what befell Rome from barbarian invasion, political corruption, and mobs that were manipulated and used by its Caesars, was a rampage against reason and freedom, leading to the Republic’s demise and transition to a centralized imperial authority under emperors.

America’s style and state of political decline and cultural degeneration differ in many ways from that of ancient Rome, but the big picture has striking similarities. Continue reading

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American workers – are YOU happy to pay $1,800 EACH to wipe the student debt of the privileged elite who’ll earn $52,000 a year?

That’s YOUR Bill for Desperate Joe’s Naked Bribe for Votes!

How better to win back their loyalty than with a good old-fashioned quid pro quo? Elect me and the gravy train keeps chugging along.

‘Congratulations! I erased your student loans. Now will you vote for me?’

That’s what President Biden should have said in an email to more than 800,000 student loan borrowers – because his latest scheme to ‘forgive’ some of their $1.78 trillion in outstanding debts is nothing more than a bribe.

‘Your student loan has been forgiven because of actions my Administration took to make sure you receive the relief you earned and deserve,’ read the White House message sent to in-boxes on Tuesday.

Gee – Democrats are so generous with other people’s money. Continue reading

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GUESS WHO’S COMING TO THANKSGIVING DINNER

Every American who is celebrating Thanksgiving on Thursday will have an uninvited guest at the dinner table.

A greedy guest who will help themselves to the entire Thanksgiving day feast with no regards to the family sitting around the table. This uninvited guest stealing the turkey and pie right off of your very plate is named inflation. Continue reading

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Elite Investor Jim Rogers Touts Gold and Silver Over Stocks and Real Estate – and warns Inflation Will Worsen and a Recession Is Looming

Jim Rogers (Sergei Savostyanov/TASS/Getty Images)

Jim Rogers expects gold and silver to outshine other assets during a period of historic inflation and widespread worry about a recession.

“If you’re in a world where prices are going higher, you want to own the things that are going higher in price,” the veteran investor told “The Julia La Roche Show” in a recent interview. Continue reading

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BRICS Currency ‘Almost Ready’, Will Be Much More Attractive Than US Dollar, Pound and Euro

A former Russian minister says a BRICS currency with unique attributes is nearly ready to launch.

In an interview with TV BRICS, Sergey Glazyev says that the currency itself is almost complete, but it still needs support from all leaders of the economic alliance.

According to Glazyev, some member nations have already thrown their weight behind the currency. Continue reading

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KA-CHING! THE WORLD’S ATM, THE USA

The United States has become the world’s ATM.

Any war or crisis that might break out somewhere on the planet automatically triggers the USA to begin spitting out as much money as necessary to deal with the problem. Other countries need not have an ATM card. America will generously dispense the dough automatically. US taxpayers (AKA ‘chumps’) pay for it all by means of inflation. Continue reading

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Living Paycheck To Paycheck Has Become “The Main Financial Lifestyle For U.S. Consumers

Despite the fact that our politicians in Washington have been borrowing and spending trillions of dollars that we do not have in a desperate attempt to prop up the economy, living paycheck to paycheck has become a permanent lifestyle for most Americans. In other words, well over half of the country is literally living on the brink of financial disaster.

When you are living paycheck to paycheck, there is no room for error. A job loss, a business failure or a medical emergency can mean complete and utter financial ruin if you don’t have a cushion to fall back on. That is why the results of a brand new survey are so alarming. According to a report that was just released by LendingClub, 62 percent of all U.S. adults were living paycheck to paycheck last month… Continue reading

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The Specter of Hyperinflation Looms over the Economy

The threat of hyperinflation has haunted fiat money economies throughout history. Although past empires crumbled under the weight of unrestrained money printing, modern bankers at the Federal Reserve assure us that today’s financial system is immune to such a fate. Austrian business cycle theory, however, reveals that current economic stimulation may be propelling us toward a crisis of catastrophic proportions: a crack-up boom that marks the dramatic end of this boom-and-bust cycle. When a central bank expands the money supply to reinflate bubbles, it destroys the currency’s purchasing power.

This endgame, in which the monetary system crumbles beneath a weak economy, represents the ultimate failure of interventionism. Once the public expects prices to keep rising, hyperinflation becomes a self-fulfilling prophecy. Continue reading

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