Hickman: Freedom is Like Inflation ~ You Lose 2-3% Every Year

My grandfather was born on April 19, 1915 in a dirty, one-room shack in the town of Bonham, Texas. Given the era, they had no electricity and no running water. And the family considered themselves fortunate that both mother and baby survived childbirth.

Pretty much everyone in the area was a farm laborer; they worked long, hard days in the unforgiving Texas heat trying to beckon life from ungenerous soil. But it was a living– one that my grandfather joined at an early age.

He was 14 years old – considered a “man” by the standards of his time – when the Great Depression struck. Continue reading

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Snyder: They Are Accusing Trump Of “Manufacturing” A Recession, But What Is Really Going On?

Is it just a coincidence that a large number of talking heads in the corporate media have all suddenly decided to start blaming Donald Trump for causing a “recession”? During the four years of the Biden administration those same voices insisted that there was no “recession” on the horizon even though homelessness was setting record high after record high, demand at food banks surged to levels never seen before, inflation was out of control, home sales plunged to extremely depressed levels, stores and restaurants were closing all over the nation and debt levels were breaking records.

Let’s be real. The U.S. economy has been on a downward trajectory for a long time, and that downward trajectory got even steeper in the final stages of the Biden administration. But now we are being told that the economic problems that we are experiencing are happening because Donald Trump is “manufacturing” a recession… Continue reading

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Forgotten Anniversary: One Hundred Years of Legal Tender

NOTE: Below has been edited from an Address by Antal E. Fekete, Professor of Money and Banking, San Francisco School of Economics at a Fund-Raising Dinner for the benefit of the Ficino School, Auckland, New Zealand, October 28, 2009. ~ Ed.

The year (2009) will most likely expire without commemorating the centenary of a most momentous event in history that figures prominently as the main cause of the Great Financial Crisis of the century. This event was the so-called legal tender legislation in 1909. The bank notes of both the Banque de France and the Reichsbank of Germany were made legal tender by law, first in France and then, a very short time later, also in Imperial Germany. The rest of the world followed suit. In this way all roadblocks were removed in the way of financing the coming world war through credits and monetizing the resulting debt through the issuance of bank notes. Continue reading

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DOGE Derails The Gravy Train!

We’ve often heard the term “gravy train” lately in reference to the Democrat Party’s corrupt method of raking in taxpayer dollars for themselves. The gravy symbolizes money, of course and the train has been steadily delivering it to the Democrats for many decades. Continue reading

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The Way it Was – The Plot Against America’s 99%

That is the way it was… during Trump’s FIRST administration in November of 2017. What in the Hell has changed? ~ Editor

US President Donald Trump, in partnership with congressional Republicans, is pursuing tax cuts that will blow up the fiscal deficit and add to the public debt, while benefiting the rich at the expense of middle – and working-class Americans. Once again, Trump has not hesitated to betray the people he conned into voting for him.

After multiple failed attempts to “repeal and replace” the 2010 Affordable Care Act (Obamacare), US President Donald Trump’s administration now hopes to achieve its first legislative victory with a massive tax giveaway that it has wrapped in the language of “tax reform.” To that end, Republicans in the US Congress have just unveiled a bill that, if enacted, could vastly widen the deficit and increase the public debt by as much as $4 trillion over the next decade. Continue reading

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Congress Spends, Future Generations Pay the Bills

Congress recently passed the so-called “supplemental” spending bill, wasting billions of your tax dollars supplementing the already swollen $2.3 trillion 2003 federal budget. Congress loves the annual supplemental bill, because unlike other spending bills, the supplemental does not fund any particular federal departments or agencies. This means members and the administration can find a home for pet spending projects that would not be permitted in a defense or education bill. This year, however, the supplemental also provides convenient cover for the big-spenders to quietly increase the federal debt ceiling. Continue reading

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The Gold In Fort Knox Does Not Back the Dollar or Anything Else

Aurick Goldfinger

I’m all in favor of a thorough and public audit of the US’s gold reserves. This includes the gold, not only at Fort Knox, but also at the other gold storage facilities at West Point, Denver, and the New York Federal Reserve Bank. Ron Paul was right when, in 2011, he tried to force the federal government to be transparent about its gold holdings.

Virtually everything the US government owns is stolen, whether it’s stolen from Americans or from foreign individuals and institutions. This is certainly true of the federal government’s gold hoard. It’s important to know how much gold the US government owns for the same reason it’s important to know how much of any asset – land, buildings, or cash – the government owns. Continue reading

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Snyder: 17 Signs That America’s Long Economic Slide Threatens To Become An Economic Avalanche

Are you better off than you were four years ago? If you are, you should consider yourself to be extremely fortunate, because the vast majority of the population is not. The U.S. economy has been sliding the wrong direction for a very long time, and now our economic momentum in the wrong direction is accelerating. Retail sales are slowing down, the housing market is in a depressed state, mass layoffs are happening all over the nation, stores are closing at a staggering pace, the cost of living has become extremely painful, and debt levels have soared to unprecedented heights. Continue reading

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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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