Financial News

Elon Musk and Jeff Bezos Agree That Joe Biden is to Blame for Inflation

Billionaire “space tycoons” Elon Musk and Jeff Bezos do not concur on much; in fact, they are generally at odds, tossing barbs at one another. However, in an unusual moment of agreement, they both blame the government and specifically Joe Biden, for the country’s rampant inflation! The two usually combative CEOs are in lockstep in pointing the finger of blame ...

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Higher Home Prices Cause Pending Home Sales To Fall

Pending home sales unexpectedly fell in the month of November as homebuyers were hesitant to buy due to higher prices. The National Association of Realtors’ pending home sales index, which tracks the number of homes that are under contract to be sold, slipped 2.2% to 122.4 in November on a monthly basis. The latest reading came in short of the 0.5% ...

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Top 1% Now Has More Wealth Than Entire Middle Class

In some ways, we sympathize with Neel Kashkari’s fake “concern” about the unprecedented wealth inequality that has emerged in the US in recent years and which has resulted in a slow, methodical and relentless destruction of the US middle class … or rather make that precedented because there was another time when the top 0.1% had amassed as much wealth and it was ...

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Is the Global Tax Rate A Good or Bad Idea?

As economic woes deepen across the globe from breaks in the supply chain, rising inflation rates and debt defaults, the one thing leaders from around the world seem to agree on is that there should be a global minimum tax rate for all wealthy companies to pay their fair share back to the people and governments that they serve.  Looking ...

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House Dems Want to Shove Mass Amnesty into COVID Stimulus Bill

House Democrats, along with the Biden administration, seem increasingly bent on ignoring the demands of Republicans and moving forward with a COVID stimulus bill that throws all caution to the wind. In doing so, they are apparently taking some pretty extraordinary liberties under the umbrella of “pandemic relief.” For instance, a group of more than 100 House Democrats want House ...

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Bipartisan Group of Senators Pushes Back on Biden’s $1.9 Trillion Stimulus

In a conference call with the White House this weekend, a bipartisan group of senators reportedly pushed back against some aspects of President Joe Biden’s $1.9 trillion COVID stimulus package, with some of them concerned that the proposal will involve putting too much money in the pockets of “high-income Americans” who aren’t struggling. “The 75-minute call, set up by Sen. ...

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The Squad Outraged at Joe Biden’s Bait-and-Switch Stimulus Plan

Joe Biden has not been sworn into the presidency yet, but he’s already drawing scorn from the most radically-left members of Congress. In separate tweets this weekend, members of the so-called “Squad” have lashed out at Biden’s proposal to send $1,400 checks to most Americans. While Biden has argued that, when combined with the Trump stimulus checks, these new payments ...

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WHAT? Curt Schilling Loses His Insurance for His Political Views

In a cancel culture that has long since grown out of control, this is still one of the most stunning and unacceptable examples of it we’ve seen. In a post this week, former Boston Red Sox pitcher Curt Schilling revealed that AIG actually canceled his insurance plan because they don’t like the stuff he says on social media! Schilling, who ...

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Rand Paul’s Festivus Report Accuses U.S. of Wasting $54 Billion in 2020

In his annual Festivus Report on wasteful government spending, Sen. Rand Paul (R-KY) once again paid homage to the classic “Seinfeld” episode by airing his grievances about how much taxpayer money the U.S. is throwing down the drain. Coming in timely on the back of a $900 billion COVID stimulus package that Paul heartily opposed, the report reveals that $54 ...

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