The Bureau of Labor and Statistics has always been crafty with releasing data. The BLS consistently revises data from its monthly survey as it prefers to release stronger initial reports. Their most recent revision is the steepest alteration since 2009. In fact, the agency has admitted that there were 818,000 fewer jobs in March than […]
Vice President Kamala Harris unveiled her first economic agenda – price controls. Reminiscent of the Soviet Union, Harris believes that the government should invade the private sector and determine the price of goods. Kamala believes that corporate price gauging is to blame, particularly at the grocery store. Where have we seen this before and what […]
Kamala Harris’ father was basically a radial communist. She is not far from her father’s ideas, any more than Bill Gates is different from his father’s fears of population when he created Planned Parenthood and stuck them in minority areas to reduce the population of blacks. No matter how many times Socialism has been […]
The coming economic collapse will not resemble the Great Depression. Yes, we are in a recession – but it will not be reminiscent of the Great Depression that began in 1929. For you see, the landscape is entirely different now. America was transitioning from an economy based on agriculture to industrialization. About 40% of the […]
US Treasury Secretary and establishment puppet Janet Yellen has denied the advice of her own advisors to encourage debanking practices. Twenty Republican Attorney Generals have reached out to Yellen to remind her that she is not permitted to impede with state laws to weaponize her department against the Democrat’s political opponents. Florida Attorney General Ashley […]
COMMENT: Marty, I just had to write to congratulate you on Socrates’s truly amazing ability to forecast so many markets and economic statistics without opinions that are far too often colored by personal biases. I made a friendly bet with a friend in the bank that unemployment would start to rise in July. I won. […]
Serving debt is the largest cost of Washington’s debt crisis; America currently spends $2.4 billion in daily interest fees alone. The debt and spending simply cannot keep up with what America is bringing in. The federal govt spent $658 billion on interest fees in 2023, a 38% jump from the $476 billion in servicing debt […]
There has been so much disinformation and sensationalizing of Quantitative Easing that this has led to academic economists who lack any trading experience to propose Modern Monetary Theory for its seems nobody actually comprehends what the hell is really going on. Much of the problem stems from this ancient theory that if you increase the […]
COMMENT: It’s akin to a multi-billion marketing campaign I have family in UK, Sydney, and Galway, Ireland All are getting “diversity” pushed. It’s like a weapon now to prevent unity, common heritage against govt I made these for friends. The end game of diversity? There will be OLYMPIC teams in 30 years! RL REPLY: The […]
The government insists that the economy is fine, thriving perhaps, and has asked the public to pay no mind to their current financial situation. No one, aside from those living off government assistance, are better off now than they were four years ago. Americans cannot be gas lit into believing the economy is sound when […]
