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Office Loan Defaults At Highest Point In More Than A Decade
/in Budget and Finance, DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy The Daily Caller High interest rates and low demand have led to the number of U.S. office buildings threatened by default reaching its highest point since the fourth quarter of 2012, The Wall Street Journal reported Tuesday. Around $38 billion worth of office buildings are currently facing defaults, foreclosures or another form of financial […]
Biden Admin Locks In Regulations Targeting Appliance Owned By ‘Almost Every US Household’
/in DrRichSwier.com, Economy, Elections, Energy, Environment, Politics, Regulation /by DrRichSwier.comBy The Daily Caller The Department of Energy (DOE) finalized regulations Tuesday for a popular appliance that will push the market toward adopting heat pump technology. The DOE’s final energy efficiency regulations for water heaters will apply to common electrical water heaters and significantly increase the share of those models that use heat pumps, according to the agency. […]
Elon Musk May Have Just Dealt A Blow To Biden’s EV Agenda
/in DrRichSwier.com, Economy, Elections, Energy, Environment, Politics, Regulation /by DrRichSwier.comBy The Daily Caller Tesla laid off a large portion of a key team in its electric vehicle (EV) charger division on Monday, a move that could pose problems for President Joe Biden’s broad EV agenda. The company reportedly laid off nearly all of its employees working on the company’s “Superchargers,” which charge EVs quicker […]
Why the US Debt Is Unsustainable and Is Destroying the Middle Class
/in Economy, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Daniel Lacalle In a recent tweet, a talented financial analyst and investor stated: “The “debt is unsustainable” narrative has been around for 40 years plus. What’s astonishing to me is how the people who push this narrative never ask themselves, “Why has it been sustainable for so long?”. There is a widespread idea that […]
US Economic Growth Plunges in First Quarter 2024
/in Economy, Featured, Liberty, ThePricklyPear.org /by ThePricklyPear.orgBy Peter C. Earle The release of 1st quarter 2024 Gross Domestic Product (GDP) on April 25th surprised virtually all forecasters. The first three months of 2024 were characterized by a notable deceleration in US economic growth, marking an almost two-year low. The same data release revealed that inflation, as measured by US GDP Personal […]
Trump Expands Lead over Biden in Polls amid Outrage over the Economy
/in DrRichSwier.com, Economy, Elections, Politics, Taxes /by DrRichSwier.comBy Family Research Council Over the past several months, most polls have consistently shown former President Donald Trump earning a slight lead over incumbent Joe Biden. Now, a new CNN/SSRS poll published on Sunday is showing Trump with a much wider lead over Biden. In a head-to-head contest, Trump would garner 49% of the vote and Biden […]
‘Economic Suicide’: Biden Admin Justifies Tax Hike Based On Racial Criteria
/in Budget and Finance, DrRichSwier.com, Economy, Elections, Politics, Regulation, Taxes /by DrRichSwier.comBy The Daily Caller The Biden administration’s analysis of its revenue proposals for fiscal year 2025 argues targeted tax hikes that disproportionately affect white people would ease racial wealth inequality. Increasing taxes on capital gains and income-based wealth would reduce racial wealth inequality for black and Hispanic families, the Treasury Department outlined in the analysis published in mid-March. […]
Mounting Debt Accumulation Won’t Go On Forever
/in Economy, Featured, Healthcare, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Thomas C. Patterson Joe Biden loves to give away money, especially if it’s not his own. He has spent trillions of dollars for political benefit that didn’t need otherwise to be spent. The recipients laud his compassion and generosity. Common Americans though are trapped in an inflationary spiral while our grandchildren face an unpayable […]
Mild Correction In Stocks Amidst Growing Background Problems In Bidenonmics
/in Economy, Featured, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Neland Nobel We have suggested since late December that equities would start having some difficulty as we were seeing disturbing signs in the credit markets, commercial real estate, and housing markets. The stock market, however, did not seem as worried as we were and went on to have a stellar quarter. Corporate earnings remain […]
Fed’s Wait-and-See on Rate Cuts Further Supported by Extra-Hot “Core Services” PCE Inflation & Hot “Core” PCE Inflation
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter Housing inflation refuses to cool for the eighth month, and five of the remaining seven core services accelerated further. This is not good. The core PCE price index, which excludes the volatile components of food and energy and is the inflation index the Fed is focused on, jumped by 3.9% annualized in […]
Biden White House, Small Business Admin Officials Violated Political Ethics Law, Watchdog Alleges
/in DrRichSwier.com, Economy, Elections, Featured, Politics, Regulation /by DrRichSwier.comBy The Daily Caller Officials in President Joe Biden’s White House and Small Business Administration (SBA) violated a law preventing government employees from engaging in certain forms of political activity, watchdog Protect the Public’s Trust (PPT) alleged in a Thursday complaint. PPT accused officials of political activity to benefit Biden while attacking Republicans in violation […]
Minimum Wage
/in Commentary, DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy Matthys van Raalten Let’s have a conversation based on reason about the concept of the Minimum Wage. I’m totally against the concept of having a minimum wage, based on moral principles. I do not see a role for the government in a deal between an employer and an employee. Then, I can also argue, […]
The BRAIN Drain of Communist Controlled California is Underway
/in Commentary, DrRichSwier.com, Economy, Elections /by DrRichSwier.comBy Geoff Ross The Communist state of California is about to have a massive brain drain of doctors and nurses and health care professionals once the Marxists in the California Assembly Health Committee advance a bill that will create a mandatory universal healthcare board that will ban pretty much all private healthcare in the once […]
Top Automaker Takes $1.3 Billion Dollar Bath On Key EV Line
/in DrRichSwier.com, Economy, Elections, Energy, Environment, Politics, Science /by DrRichSwier.comBy The Daily Caller Top American automaker Ford hemorrhaged over a billion dollars on electric vehicles (EV) in the first quarter, leading to massive losses per vehicle. Ford sold 10,000 vehicles in its EV Model e unit in the first three months of the year, losing $1.3 billion on the line altogether, equating to a loss […]
NEW REPORT: ‘Over 98 percent’ of world’s central banks gearing up for new system of programmable, trackable ‘digital cash’ and 24 nations will have ‘live CBDCs’ by 2030
/in DrRichSwier.com, Economy, Elections /by DrRichSwier.comBy Leo Hohmann All this despite almost zero coverage in the mainstream corporate media to date, most of which still refers to a fully digitized monetary system as ‘conspiracy theory’. The era of cash money is nearing its end, and with it will come the end of privacy. The World Economic Forum claims, in a […]
Why Small Businesses Hate Bidenomics
/in Economy, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Stephen Moore If the economy is so good, why do small business leaders feel so bad? The latest Small Business Optimism Index from the National Federation of Independent Business could hardly be more depressing. The survey finds that the men and women who run our 33 million small businesses and hire more than half of American […]
U.S. Economic Growth Slows Down Massively, Well Below Expectations
/in DrRichSwier.com, Economy, Elections, Featured, Politics, Taxes /by DrRichSwier.comBy The Daily Caller The U.S. economy grew at a rate of 1.6% in the first quarter of 2024, according to gross domestic product (GDP) statistics released by the Bureau of Economic Analysis (BEA) on Thursday. Slower growth in the first quarter follows above-trend growth in the third and fourth quarters of 2023, which measured […]
Climate Change Is Normal and Natural, and Can’t Be Controlled
/in Economy, Education, Environment, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Frits Byron Soepyanfbs Editors’ Note: The global warming crowd would like nothing better than to convince you that we are in a climate crisis and that they need to grab COVID-like emergency powers to dictate how you live your life. If it were not for the sinister nature of the movement, which wishes to […]
As the University of Arizona Goes, so Goes Tucson
/in Economy, Education, Featured, ThePricklyPear.org /by ThePricklyPear.orgBy Craig J. Cantoni As the University of Arizona goes, so goes Tucson, the city where the university is located. As Tucson goes, so goes the University of Arizona (UA). Things haven’t been going very well for either of them. Both have been operating well below their potential for a long time, and both are […]
A Coup Without Firing a Shot
/in Economy, Education, Featured, Healthcare, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Jeffrey Tucker The last few years can be tracked at two levels: the physical reality around us and the realm of the intellectual, mental, and psychological. The first level has presented a chaotic narrative of the previously unthinkable. A killer virus that turned out to be what many people said it was in February […]
Why Young Men and Women in America ‘Have Every Reason To Be Outraged!’
/in DrRichSwier.com, Economy, Education, Elections, Politics /by DrRichSwier.comBy Dr. Rich Swier “For the first time in our nation’s history, a 30 year old isn’t doing as well their parents were at 30. They see exceptional wealth across my generation… and we’re running it up on their credit card.” — Scott Galloway We have been warning for over a decade that there is […]
The FED’s Dilemmas
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Neland Nobel The Federal Reserve is an unelected board of bureaucratic experts that holds great sway over the US economy, the world economy, and the standard of living of the people of the United States. Because of the arcane nature of its work, its responsibilities are not something we would want under the sway […]
Biden Admin Weighs California’s Latest Green Gambit That Could Set Off Chain Reaction Of Economic Pain
/in Budget and Finance, DrRichSwier.com, Economy, Elections, Energy, Environment, Politics, Regulation, Science, Taxes /by DrRichSwier.comBy The Daily Caller The Biden administration could allow California to implement a rule designed to push green locomotives, but a growing list of stakeholders are warning that the regulation would severely impact the state’s economy and the national rail industry. The Environmental Protection Agency (EPA) could soon determine whether it will allow the California […]
Biden’s Title IX Rewrite Strips Away Protections For Women, Denies Women Equal Opportunity
/in Economy, Education, Featured, Liberty, Life Advocacy, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Editors of The Independent Women’s Forum Editors’ Note: Democrats cast themselves as the party of “women’s rights”, while they actually are the party of unrestricted abortion to be paid for with public money. We hope the knowledge of this most recent decision will change the minds of not only Arizona women, but women across […]
The Illegals Are Truly a Benefit
/in Economy, Featured, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Bruce Bialosky Of course, they are not really “illegals” as they should properly be referred to as “undocumented immigrants,” “unauthorized immigrants,” “non-citizens,” “without status,” and/or “unlawfully present.” As the Left stumbles over the correct characterization of people who have entered this country with no compliance to our national laws and remain here despite their […]
A Pulitzer Awaits the Arizona Daily Star
/in Economy, Education, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Craig J. Cantoni A recent Wall Street Journal column on the scam of the federal student-loan program brought to mind the financial, governance, and ethical mess at the University of Arizona (UA). The Arizona Daily Star’s coverage of the UA mess has been commendable, thanks to reporter Ellie Wolfe. A Pulitzer Prize awaits her […]
‘No Tech For Apartheid’: Google Workers Protest Company’s Services To Israel
/in DrRichSwier.com, Economy, Politics /by DrRichSwier.comBy The Daily Caller A group of Google employees protested Tuesday in California and New York against the information technology corporation’s provision of cloud computing services to Israel, according to reports. The protesters in Google’s Sunnyvale, California location entered the office of Google Cloud CEO Thomas Kurian Tuesday morning and said they would leave only […]
Weekend Read – Expropriation: The End Game of Anti-Whiteness
/in Economy, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Jeremy Carl If they don’t act, white Americans will soon be subsidizing their own destruction. This article is adapted from Jeremy Carl’s book, The Unprotected Class: How Anti-White Racism Is Tearing America Apart, which is currently available for pre-order and will be published on April 23. “I don’t feel responsible for the sins of my […]
‘Rather Despicable’: John Eastman Speaks Out After Bank Of America, USAA Shut Down His Accounts
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy The Daily Caller One of the left’s biggest political targets recently found himself “de-banked” with no warning and little avenue for recourse, the Daily Caller has learned. John Eastman, once an attorney for former President Donald Trump, was de-banked twice in the span of several months by two prominent financial institutions, Bank of America […]
Ex-TikTok Employee Alleges American Executives Were ‘Completely Complicit’ In Giving ‘U.S. Data To China’
/in Cyberwarfare, DrRichSwier.com, Economy, Elections, National Security /by DrRichSwier.comBy The Daily Caller U.S.-based TikTok executives were totally “complicit” in efforts to hand over Americans’ data to China despite company assertions to the contrary, a former senior data scientist at the social media platform alleged, according to Fortune. The House of Representatives passed legislation in March that would compel Chinese parent company ByteDance to sell TikTok for the […]