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UK Abandons Net-Zero Energy Policies for Energy Security
/in DrRichSwier.com, Economy, Elections, Energy, Environment, Politics, Science /by DrRichSwier.comBy Committee For A Constructive Tomorrow “I’m ending the short-term thinking on energy once and for all. I’m acting now so people and businesses are supported with a new Energy Price Guarantee. I will tackle the root cause of the issue by boosting domestic energy supply to ensure we’re not in this position ever again.” […]
America Bracing For Chaos And Pain As Tens of Thousands Railroad, Port and Hospital Workers Set to Strike
/in DrRichSwier.com, Economy, Elections, Labor & Unions, Politics /by DrRichSwier.comBy The Geller Report Everything the Democrat regime touches turns to shit. What normal human being would vote for this horror? The midterms should be a complete rout. By Alex Hammer For Dailymail.Com, 13 September 2022 America is bracing for chaos as tens of thousands of railway, port, and hospital workers look set to strike over the […]
Key Inflation Indicator Remains Sky-High In Another Worrying Sign For Businesses
/in Budget and Finance, DrRichSwier.com, Economy, Elections, Politics, Regulation, Taxes /by DrRichSwier.comBy The Daily Caller The prices faced by producers rose by 8.7% year-on-year in August as inflation continues to challenge businesses, according to the Bureau of Labor Statistics (BLS). While down from the near-record highs of 11.3% in June, the current price increases were over 4 times the typical rates — between 1 and 3% […]
Four Myths About National Conservatism You Should Stop Believing
/in Economy, Featured, Liberty, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy David Brog Within a few short years, we’ve become a full-fledged movement. It’s time to set the record straight on some myths about what we believe. This Sunday, many of the most important names in American conservatism will be gathering in Miami for the third annual National Conservatism conference. Within a few short years, […]
Electric Cars Are Not “Zero-Emission Vehicles”
/in Economy, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy James D. Agresti While praising California’s decision to ban the sale of new gasoline-powered cars by 2035, Governor Gavin Newsom declared that this will require “100% of new car sales in California to be zero-emission vehicles” like “electric cars.” In reality, electric cars emit substantial amounts of pollutants and may be more harmful to […]
U.S. Economic Freedom Index Collapses to Carter Administration Levels
/in Economy, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Phillip W. Magness The Fraser Institute’s Economic Freedom of the World 2022 report was released this morning [September 8]. This report covers 2020, which while most of our recent history is a bit of a blur, was the year when COVID-19 and COVID lockdowns defined our shared experience. The first of those lockdowns began in mid-March, and […]
Every Curve Flattened
/in Economy, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Peter C. Earle Yesterday, EU Commission President Ursula von der Leyen addressed the mounting problems in European energy markets. On Twitter, blaming Russia for “manipulating” energy markets, she recommended a handful of steps to mitigate the rolling blackouts and other shortages plaguing Europe. The first tweet reads as follows: Smart Savings of Electricity: We […]
New Study Shows A Third of Working Families Can No Longer Afford Basic Needs
/in DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy The Geller Report “A ‘mixed economy’ is a society in the process of committing suicide. If a nation cannot survive half-slave, half-free, consider the condition of a nation in which every social group becomes both the slave and the enslaver of every other group. Ask yourself how long such a condition can last and […]
Americans Spent More on Taxes in 2021 Than on Food, Clothing and Health Care Combined
/in DrRichSwier.com, Economy, Elections, Featured, Politics, Taxes /by DrRichSwier.comBy The Geller Report Obscene and wrong. It’s why there was an American revolution and why we were founded as a nation. Worse still, this legal plunder is funding our ruin and the destruction of our most basic freedoms. Americans Spent More on Taxes in 2021 Than on Food, Clothing and Health Care Combined By […]
Boots-on-the-Ground Observations by 21 Home Builders about the Housing Market They’re Facing
/in Economy, Featured, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter Are you fed up? Are you worried that America in rapidly sliding into a neo-Marxist state by the radical left in control of Washington with historically narrow majorities in the U.S. House and Senate and an Executive controlled by unnamed far leftists in place of a clinically incompetent President Biden? They are […]
No, Slavery Did Not Make America Rich
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy Foundation for Economic Education (FEE) The historical record of the post-war economy demonstrates slavery was neither a central driving force of, or economically necessary for, American economic dominance. In 1847, Karl Marx wrote that Without slavery you have no cotton; without cotton you have no modern industry…cause slavery to disappear and you will have wiped America […]
It Is Still a Dilemma for Investors
/in Economy, Environment, Featured, Liberty, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Neland Nobel Editors’ Note: The author’s warning and advice at the end of this article are so important. The economic problems plaguing much of the world are related to Democrat and Biden administration governance in many areas of public policy and economic management. The Inflation Reduction Act (misnamed – it is the Green New Deal Slush […]
Biden’s New Green Energy Adviser Has Ties To Chinese Communist Party Front Group
/in Economy, Featured, Liberty, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Philip Lenczycki President Joe Biden’s new green energy adviser, John Podesta, has cooperated with Tung Chee-hwa since at least 2009, an individual a congressional commission identified as being “clearly associated” with Chinese government influence operations, the Daily Caller News Foundation found. Podesta sits on the “U.S.-China 2022 Steering Committee” for Tung’s China-United States Exchange Foundation […]
Agriculture Shoulders Brunt of First Wave of Water Cuts
/in Economy, Environment, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Joe Pitts In 2019, states and tribes across the American West, alongside the United States and Mexican governments, signed the Drought Contingency Plan (DCP). Touted as a multi-partner agreement that would mitigate the region’s water troubles, the DCP was implemented in response to sinking water levels in Lake Powell and Lake Mead, which are […]
Virginia Gov. Glenn Youngkin Vows to Stop ‘Ridiculous’ State Ban on Gas Vehicles
/in DrRichSwier.com, Economy, Elections, Energy, Environment, Politics, Science /by DrRichSwier.comBy The Geller Report The totalitarian Newsom government on the communist state of California has banned gas vehicles. Gov. Glenn Youngkin vows to stop ‘ridiculous’ state ban on gas vehicles Former Virginia Gov. Northam signed legislation in 2021 tying state’s emissions policies to California’s Air Resources Board By: Anders Hagstrom, Fox Business, August 28, 202 Republican […]
The Fed’s Tough Year
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Alex J. Pollock The powerful and prestigious Federal Reserve is having a tough year in 2022 in at least three ways: It has failed with inflation forecasting and performance; It has giant mark-to-market losses in its own investments and looming operating losses; It is under political pressure to do things it should not be […]
Bank of America’s New Racist Policy: Offers Zero Down Payment, Zero Closing Cost Mortgage Loans to Non-Whites
/in Courts & Law, DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy The Geller Report This is absolute racism and a flagrant violation of our civil rights laws. More unequal application of law. The greatness of quality for all under the law, shredded along with every great American freedom. Bank of America’s New Racist Policy: Offers Zero Down Payment, Zero Closing Cost Mortgage Loans to Non-Whites […]
Home Purchases Now Near Its Lowest Level of the 2019-22 Period Due to Rates More Than Doubling Since January, 2021
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy Edward Pinto Key takeaways: The 10-year old seller’s market continues, evidenced by: Modest purchase volume declines, in spite of a cumulative 39% increase in constant quality HPA since January 2020, Historically tight supply, The work from home revolution, and Arbitrage opportunities due to metro & regional price differences. Purchase volume for week 35 is […]
Van Jones: Biden Wants Election to Be about Trump, Not Inflation
/in DrRichSwier.com, Economy, Elections, Politics, Taxes /by DrRichSwier.comBy Discover The Networks Monday on CNN’s Situation Room, CNN Political Commentator Van Jones stated that President Biden wants the election “to be a choice between Trump and himself” but that he needs to tell people, “I’m not just going to write you off” if you don’t vote Democrat. Jones said, “I think he’s trying to do something […]
Stock Selloff, Collapse of Cryptos, Meme Stocks & SPAC/IPO Zombies Bringing Day Traders Back into the Labor Force?
/in Economy, Featured, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter Interesting stuff happening in the labor market, suddenly. Employers added 315,000 workers to their payrolls in August, and 1.13 million over the past three months – solid growth. Households reported that the number of working people in regular jobs or self-employed jumped by 442,000 in August, after having been essentially flat for […]
ANTONI: A Massive Economic Storm Is Already Overhead And Nobody Seems To Notice
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy The Daily Caller When ominously dark clouds roll in on a hot afternoon driven by a stiff wind, it doesn’t take a crystal ball to know a storm is coming. Yet the economic equivalent is already overhead, and no one seems to notice. Many people are worried about the economy, and rightly so. Investors […]
Biden Paying Off Loans for Gas Guzzling Cars
/in Economy, Education, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Bruce Bialosky In an announcement that shocked many, the Biden Administration has announced they will be paying off all car loans and leases for people who have internal combustion engine cars. This is their biggest move yet to migrate Americans from their gas guzzlers to EVs. President Biden made the announcement saying “We had […]
Hawaii is No. 1 In the World – In Tourist Taxes
/in DrRichSwier.com, Economy, Elections, Politics, Taxes /by DrRichSwier.comBy Hawaii Free Press Last month, the website money.co.uk published an article giving our Honolulu a claim to international fame (or infamy). It listed the city as having the highest tourist tax of any city in the world. It noted our 10.25% transient accommodations tax, to which is added 3% county TAT. “That’s already a hefty […]
The Most Splendid Housing Bubbles in America, August Update: First Price Drops Appear, All in the West
/in Economy, Featured, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter The Case-Shiller index, which lags reality on the ground by 4-6 months, is starting to pick up the price drops in Seattle, San Francisco, San Diego, Los Angeles, Denver, and Portland. The housing market is going through some navel-gazing, as many buyers evaporated at current prices and mortgage rates. They’re still out […]
The Covid-Industrial Complex: ‘We’ve Created 40 New Billionaires’ of which 15 are Chinese Citizens
/in DrRichSwier.com, Economy, Healthcare, Politics, Science /by DrRichSwier.comBy The Geller Report “We’ve created an interest group to keep the pandemic going. Their argument is ‘we’re keeping people safe when in fact we’re just keeping the anxiety going.” By Giacomo Tognini Shortly after the World Health Organization declared Covid-19 a global pandemic on March 11, 2020, markets collapsed and economies around the world […]
Replacement cost of a Chevrolet Volt Battery $29,842.15 but it gets worse, much worse!
/in DrRichSwier.com, Economy, Energy, Environment, Politics /by DrRichSwier.comBy Dr. Rich Swier In 2019 GM retired the Chevy Volt to make way for its successor, the more compact but fully electric Chevy Bolt. We recently received a copy of an estimate from Roger Dean Chevrolet, located in Cape Coral, Florida, to replace the battery in a Chevy Volt (VIN: 101RB6E4XCU113962) that has on […]
What AOC and Nina Turner Get Wrong about the ‘Scarcity Mindset’
/in DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy Foundation for Economic Education (FEE) AOC and Turner are right to say we should reject the scarcity mindset. But they have it all backwards. One of the talking points the left uses fairly often is the idea of a “scarcity mindset.” Originally, this phrase was used in a self-help context to highlight a disempowering […]
Experts Blame Green Energy Policies for Europe’s Full-Scale Energy Crisis: ‘A warning to the U.S.’
/in DrRichSwier.com, Economy, Elections, Energy, Environment, National Security, Politics, Science /by DrRichSwier.comBy The Geller Report We are watching the villainous Left deindustrialize our societies, under the guise of climate nonsense. All while they fly around the world in private jets, which emit far more green-house gasses into the atmosphere. The Green Movement is a total assault on capitalism, our freedom, and our entire way of life. […]
The Globalists’ Economic War Against Humanity—Environmental, Social and Governance [ESG] Scores
/in DrRichSwier.com, Economy, Elections, Politics, Regulation /by DrRichSwier.comBy Dr. Rich Swier ESG Score: A measure of a company’s exposure to long-term environmental, social and governance risks. ESG Explained in 60 seconds: Joseph Robinette Biden Jr. recently spoke to the nation in Philadelphia, Pennsylvania. One of the items Biden did not discuss is his active support of the “great reset” which is […]
California Tells Residents Not To Charge EV Because Of Blackouts A Week After Saying State Would Ban Sale Of Gas Cars
/in Economy, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Brianna Lyman California residents are being told not to charge their electric vehicles due to possible blackouts just one week after the state announced it would ban the sale of gas-powered cars in 2035. The state issued a heat advisory Tuesday, warning excessive heat “will stress [the] energy grid.” “Consumers are urged to reduce energy use […]