Biden Wants Banks to Report All Transaction over $600

Govt Looking

The Biden Administration is pushing banks to report every $600 transaction, whether a deposit or withdrawal, from every business or personal account. The Democrats want everything, and no matter how much they collect, they will always spend more. TAXES are really no longer even necessary along with borrowing. They never pay off the debt anyhow, and it would be immensely more efficient for the government to just print the money they need and end both borrowing and taxation. Over 70% of the national debt is due to interest and wars. It does not go to expand the economy or help people whatsoever.

Latest Posts

Tariffs are NOT Reciprocal

How did the Trump Administration come up with these tariff rates? Why would a nation like Madagascar, for example, with a small economy, be hit with a 47% tariff? Reciprocal [...]
Read more

Eric Adams Leaves the Democratic Party

New York City Mayor Eric Adams, the man who fought tooth and nail to maintain sanctuary city status for migrants, has abandoned the Democratic Party. The Democrats have become so [...]
Read more

Trump vs Putin

https://www.armstrongeconomics.com/wp-content/uploads/2025/04/Zelensky-Reniggs.mp4   QUESTION: I take it you agree with Putin that Zelensky is not legitimate and that Trump is wrong. Would you care to explain your position? WG ANSWER: I [...]
Read more

Market Talk – April 3, 2025

ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 989.94 points or -2.77% to 34,735.93 • Shanghai decreased 8.12 points or -0.24% to 3,342.01 [...]
Read more