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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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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