The War Against the Working Class
In 2011, tensions came to a head when Occupy Wall Street amassed in reaction to the 2008 financial collapse. Out of fear of...
Economy
Inflation Pushes California Minimum Wage to $15.50
Rising inflation is forcing the California minimum wage to $15.50 for all employers starting January 1, 2023, announced the state’s Department of Finance...
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The Secret of Trade Deficits
According to economist Stephen Roach, countries that have low savings tend to run trade deficits. So America’s lopsided economic relationship with China may...
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Amazon Grows Healthcare Presence with $3.9 Billion Clinic Chain Purchase
The online retail giant announced this week that it has purchased One Medical, a national chain of primary care clinics, in a $3.9...
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Inflation Exceeds Expectations at 9.1% for June
The dramatically rising price of almost everything is affecting Americans more today than ever before. Today’s report confirmed this, with the Consumer Price...
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Top Banker at HSBC Resigns After Announcing “Investors Need Not Worry About Climate Risk”
Less than two months after giving a controversial speech at a Financial Times event, where he downplayed the risk that climate change poses...
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Biden’s Attack on Middle Class Is Succeeding: Monmouth University Poll
The latest poll from Monmouth University, released on Tuesday, reveals the extent to which the Biden administration’s economic attack on the middle class...
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Credit Crash
According to Stephen Roach’s book ‘Unbalanced,’ America and China are addicted to ‘the political economy of false prosperity’. In America’s case, they undertook...
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Flooring the Fakery: Biden Now Blames Gas Stations for High Prices as China Cheers
Joe Stalin blamed small-businessman farmers, the kulaks, for the Soviet Union’s 1920s food shortages. Now another Joe, he of Biden fame, has his...
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Biden Admin: Don’t Worry, Be Happy — High Gas Prices Fuel the “Liberal World Order”
One of the Biden administration’s seldom-recognized triumphs is that it has enabled the average American to easily double his car’s value. All he...
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Biden: Americans Will Pay High Gasoline Prices for “as Long as It Takes”
A defiant Joe Biden says Americans should expect to pay high gas prices for “as long as it takes” to get Russia out...
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ESG: Is This Green Iron-fist Fantasy a Major Cause of Inflation and Economic Destruction?
Is rich people’s greentopian fantasy causing middle-class misery? The answer is yes, according to analysts such as Marlo Oaks, Utah state treasurer and...
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Sound Money Movement Scores 2022 Wins
As state legislatures clear out and head home for the summer, one reality has emerged: Sound money is a winning issue in the...
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Edward Dowd: Economic Fallout of Covid Vax Fraud
In the interview with The New American, former BlackRock fund manager Edward Dowd warned about the devastating societal and economic consequences of the Covid vaccine fraud...
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Musk Says “Rude Awakening” Coming for U.S. Economy
When one of Elon Musk’s Twitter followers asked him if he thought a recession was coming, Musk responded: Yes, but this is actually...
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