New president Joe Biden didn’t waste any time attacking the fossil fuel industry. We at least deserve a proper accounting of how these attacks are supposed to help us. As soon as Joe Biden first sat down at his new office in the White House, he already had several executive orders sitting on the desk, […]
No matter what party you support, no matter how ignorant you choose to be about exploding our national debt, the consequences of this bites everyone just as hard. As if 2020, the biggest fiscal devastation we have ever dealt with in a single year in history, wasn’t bad enough, get ready for more in 2021. […]
New York might have deserved their self-appointed title of being the empire state in bygone days, but the empire is falling before our eyes as politicians continue to play their fiddles. New York has been the capital of the United States as far as wealth goes for a very long time, and even though, like […]
Some were afraid that the recovery that will come when COVID goes away would cause the Federal Reserve to back up their mega support of the economy. Not anytime soon. It wasn’t that long ago when the big potential issue with the Federal Reserve during its Federal Open Market Committee meetings was its changing its […]
One of the real fears of a Biden presidency is who he might appoint as Secretary of the Treasury. Janet Yellin is at least a more palatable option than someone like Elizabeth Warren. To go along with the country’s first female Vice President, President-elect Joe Biden has also broken the gender barrier with his selection […]
It looks likely that the stock market has avoided the worst, where we get a chance to catch our breath and try to figure out how to proceed with our portfolios. 2020 will go down in history as one of the most bizarre years for stocks ever. This isn’t so much about the size of […]
The sky was supposed to fall on the stock market with a looming Democrat sweep, but it didn’t come crashing down as predicted, and the market breathed a sigh of relief. As the aftershocks of the 2020 election continue to reverberate, for those who are rooting for the stock market, it could have been worse. […]
Next week’s election may or may not be the country’s most important ever overall, but it certainly is the biggest ever for the economy. We’ll look at the issues from the economy’s perspective. What makes the 2020 U.S. presidential election stand out so much is how different incumbent Donald Trump and challenger Joe Biden differ […]
There’s a lot more on the line for social media outlets than taking away legal immunity or even breaking them up. Their massive abuse of power must be stopped. Social media outlets are presumed to be neutral parties, allowing for a free exchange of ideas among users. That’s the theory at least, although the practice […]
For all the efforts of the Federal Reserve and Congress to blow up the deflated economy that the lockdown caused, this monster is getting hungry again. To hear Donald Trump tell it, the economic recovery that we have seen over the last 6 months has been monumental. Given how fast and how unnatural the fall […]