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Economy


President Donald Trump earned the thanks of Economic World Forum founder Klaus Schwab on Tuesday, for “injecting optimism” into the conference. “We have many problems in the world, but we need dreams,” Schwab said. President Trump was the only world leader at the annual economic forum in Davos, Switzerland who was actually there to talk …

All the U.S. economy has ever needed to be vibrant is for the government to get out of the way.  Government’s job is not to regulate business to death.  Rather, government’s job is see that a natural, organic business environment exists, without government interference, so that free-market capitalism will allow the private sector to grow. …

Can we simultaneously love our children and betray their generation and generations unborn? Do I have your attention? I hope so, but I can’t take credit for that lead. I stole it from Page 1 of Mark Levin’s new book, “Plunder and Deceit: Big Government’s Exploitation of Young People and the Future” ( tiny.cc/5jm80x ) . …

The Bureau of Economic Analysis reports that in the first quarter of 2015 the U.S. economy declined at a 0.7 percent annual rate. Why is it taking the economy so long to recover? In this interesting article, Dr. Tracy Miller examines the numbers and details the consequences of bad policy. The Bureau of Economic Analysis …

As the economy in Greece becomes more unstable, banks closed their doors and set limits on the amount account holders could withdraw from their accounts. Banks in Greece stayed shut on Monday as officials scrambled to prevent the country’s financial system from collapsing in panic. Account holders were also facing tough limits on what they …

By Thomas Madison, Powdered Wig Society This is nuts! Here’s what we should be doing about our debt to China. “Hello, Red. This is Uncle Sam. We’ve been thinking and we are tired of giving you a free trade ride. So, we have decided that we are going to impose an import tariff, effective tomorrow …

The ‘No Justice, No Profit’ campaign – led by a movement of celebrities and activists – is calling for a nationwide boycott of retail outlets to protest the recent grand jury decision not to indict a white officer for killing an unarmed black teenager. Spearheaded by the Justice for Michael Brown Leadership Coalition, the campaign …

Technology giants claim the National Security Agency’s bulk surveillance programs are hurting the American economy, and one Senator is hoping to use that warning to push stalled reform through Congress. Google, Microsoft, and Facebook were just some of the companies represented at a public forum held by Sen. Ron Wyden (D-Ore.) on Wednesday, and they …

WELL, YEAH, IF YOU COUNT HIS HOOKERS! By Thomas Madison, Powdered Wig Society Actually, Slick Willy is lying, as usual. Newt Gingrich, and his Contract With America, which Slick signed after kicking and screaming every step of the way, is what brought prosperity, jobs, a balanced budget, and welfare reform to America. From Wynton Hall, Breitbart …

While we talk about democracy and equal rights, we seem increasingly to let both private and government decisions be determined by mob rule. There is nothing democratic about mob rule. It means that some people’s votes are to be overruled by other people’s disruptions, harassments and threats. The latest examples are the mobs in the …

Dozens in the US have received notices that their bank accounts have been closed, without explanation. Some say the banks are trying to eliminate risk, but a Muslim civil rights group suspects racist policies and has complained to the Justice Department. The letters have been sent to business owners, nonprofits, and students across the country, …

There were 11.3 million illegal aliens in the US in March 2013, including some 2.6 million living in California ‒ which makes up 10 percent of the state’s workforce, according to two new studies released Wednesday. Overall, people who have moved to the US contribute nearly $650 billion to California’s economy ‒ about 31 percent of …

By Thomas Madison We are willfully transferring our American wealth to the Chinese and others. In 20 years we will be a third-rate economy if we don’t correct the hemorrhaging of hard-earned American dollars to overseas economies. It is past time to stop being stupid. Impose an import tariff! OK, so I’m pining for the good …

The estimated economic losses from the earthquake in Napa Valley in northern California could top $1 billion- the “red alert” level, according to the United States Geological Survey (USGS). The 6.0 magnitude earthquake that struck the northern California coast Sunday morning left “extensive”and “widespread” damage, according to a report by the USGS. The results were automatically generated on Monday. Under the “red alert” category, …