I can confirm that I was told to be a good boy and the government would hand me millions of dollars a year to put out studies to support whatever. They tell you what the conclusion is to be and you then write a report that they can claim some expert has derived this as […]
Working people are concerned about taxes and national security. In America they are screaming loud about how Obamacare raised the cost of everyone’s healthcare changing that for 300 million Americans to be concerned about 20 million who the government should have simply added to Medicaid if someone could not get insurance or were illegal […]
There is a rising tide that many people are not paying attention to. That is the rising unrest among the youth. The problem with allowing the youth to vote on economic issues is simply they want to rob others so they have their free world of education, spring breaks, and parties. In Britain, they have […]
Justice Sotomayor in the Supreme Court just held that the 5-year statute of limitations for penalties under 28 USC 2462 applies to SEC disgorgement claims. This is a monumental decision for in every case the SEC claims they has disgorge you back to birth. In KOKESH v. SECURITIES AND EXCHANGE COMMISSION decided June 5th. Because disgorgement sought by […]
Send anything to the St Petersburg Address Armstrong Economics 360 Central Ave, Suite 800 St Petersburg, Fl 33701
The most telling thing about Comey is he said he did not trust Trump and “thought” he might need notes to protect himself and the FBI when speaking to him. Yet, in the interview that was supposed to clear up Hillary Clinton’s involvement with countless scandals, including her private email server where Comey admitted she was […]
The big talking point in Asia was GBP and the early indications that results were leading to a hung-parliament. Even before Europe had opened sterling was around 1.75% lower on the day. However, Asian markets were mixed with the largest mover being KOPSI (+0.75%). China data (CPI) released in line at 1.5% for May, whilst […]
The European Central Bank (ECB) left its stimulus programs and record low interest rates unchanged. Pundits were seeing some cyclical signs of what they hoped was a spreading recovery in the 19 countries that use the euro currency rather than just a bounce in anticipation of tourist season. The ECB dropped any wording that it could […]
Spain’s Banco Santander is paying €1 to take over troubled rival Banco Popular, in a deal that illustrates Europe’s new system to rescue failing banks without burdening taxpayers or stressing markets. This is being cheered around the world because the shareholders lost absolutely everything. The bank which was valued in the collapse at €1.6 billion was […]
James Comey that he orchestrated the leak of his conversations with President Donald Trump claiming he thought it might lead to the appointment of a special prosecutor to head the Russia investigation. Comey said he had asked a friend at Columbia University to leak the content of one of his memos. Comey testified: “My judgment was that […]
