STAY INFORMED
Receive regular news, commentary, and analysis straight to your inbox.
POWERED BY
DrRichSwier.com | ThePricklyPear.org
As an Amazon Associate we earn from qualifying purchases.
Receive regular news, commentary, and analysis straight to your inbox.
POWERED BY
DrRichSwier.com | ThePricklyPear.org
How Government Created the Baby Formula Shortage—and a Black Market for ‘Unapproved’ European Imports
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy Foundation for Economic Education (FEE) As Christina Szalinski reported in the New York Times, “baby formula is one of the most tightly regulated food products in the US.” As many know, the US is confronting a shortage in baby formula that has grown quite serious. What started as complaints on Twitter of “out of […]
The Homeless Election Battle
/in Economy, Environment, Featured, Healthcare, Liberty, Life Advocacy, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Bruce Bialosky When I had the opportunity to engage one of the major candidates for Mayor of Los Angeles, I stated there are only two issues in the race. The first being proper funding and use of the police and the second being the Homeless. The candidate agreed with me and the issues for […]
Cultural Traits and Work Ethic: Human Capital Matters
/in Economy, Education, Featured, ThePricklyPear.org /by ThePricklyPear.orgBy Lipton Matthews Editors’ Note: This essay could well be expanded as a theme to explore further because it is that important. If you are an employer or even have had work done around the house by outside contractors, you likely have discovered that for many younger workers the American work ethic is in decline. […]
Disney hasn’t found itself in this much trouble since 1941
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy MercatorNet – Navigating Modern Complexities The family-friendly, controversy-averse Walt Disney Co. has walked into the buzz saw of the American culture wars, version 2022. In April, officials at Disney objected to a Florida law prohibiting instruction in sexual orientation and gender identity in kindergarten through third grade. Florida Gov. Ron DeSantis responded by signing a bill revoking […]
Gasoline & Diesel Prices Spike to New WTF Records, But Don’t Blame Crude Oil
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter Predictions a few weeks ago of peak gasoline prices have been obviated by the inflationary mindset. The average price of all grades of gasoline at the pump spiked to a record $4.33 per gallon on Monday, May 9, the third week in a row of increases, and was up 46% from a year […]
Biden’s Orwellian “Truth Ministry”
/in Economy, Education, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Peter Murphy Challenging economic times are bringing out the worst in the Biden administration, which has turned desperate to the point of overtly undermining the First Amendment rights of those with whom they disagree. This pernicious trend has been acute in the climate change and Covid issues, and it is accelerating. The Biden administration’s […]
State of the American Debt Slaves: Borrowing More to Buy Less due to Raging Inflation
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter Credit card balances up 3.0% from March 2019, but CPI inflation up 13%, LOL. Auto sales plunged, but auto loans jumped. You guessed it, ridiculous price increases. Credit card balances ticked up 1.9% in March from February, not seasonally adjusted, to $1.036 trillion, according to the Federal Reserve today. Compared to three […]
Governments Giveth and Taketh Away
/in Economy, Featured, Healthcare, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Jeffrey Tucker The jobs report this morning seemed like good news (3.6% unemployment) until you look at the details: “The U.S. labor force shrank by 363,000 people in April from a month earlier, the Labor Department said Friday. The labor force participation rate, or the share of American adults working or looking for a […]
SCHOEN: Americans Are Sounding The Alarm Over Big Tech
/in Cyberwarfare, DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy The Daily Caller Elon Musk’s Twitter acquisition — which can be summed up as the world’s wealthiest person buying one of the most powerful social media and news platforms — underscores one of the big problems with Big Tech. In the absence of modernized anti-trust and anti-monopoly laws, Big Tech companies in the U.S. have […]
Biden’s Economy Sends Americans Into ‘Unretirement’
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy The Geller Report Disaster! And what does President Biden do as Americans suffer? He hides in Delaware. Shame on the mainstream media for manipulating millions of Americans into voting for this clown. #Trump2024! Newt Gingrich: Food prices are going to go up all summer on a worldwide basis. pic.twitter.com/v659HisNbH — Laura Ingraham (@IngrahamAngle) May […]
Sweden Finally Gets Some Recognition
/in Economy, Education, Environment, Featured, Healthcare, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Neland Nobel During the recent government panic over Covid, almost all governments in one form or another used “lockdown”, or the quarantining of the healthy, in order to stop the spread of the disease. This was a first in history because usually, isolating the sick or the especially vulnerable was the strategy. The result […]
No Increase in Flight Cancellations After CDC Mask Mandate Lifted, Data Show
/in Courts & Law, DrRichSwier.com, Economy, Elections, Politics, Science /by DrRichSwier.comBy Foundation for Economic Education (FEE) Data suggest that fears of widespread cancellation of flights in the wake of the CDC mask mandate being lifted are baseless, thankfully. It’s been two week since a federal court threw out the CDC’s transport mask mandate, to the glee of some and the outrage of others. While many […]
Made in America Series: North Arrow Coffee Company – Veteran Owned
/in DrRichSwier.com, Economy, Politics /by DrRichSwier.comBy 2ndvote .com Here at 2ndVote we always advocate for the three pillars of shopping your values; shop local whenever possible, shop the highest 2ndVote score whenever possible, and shop American whenever possible. American production has been outsourced overseas for the sake of labor costs, sometimes even using slave labor, for far too long. It […]
Elon Musk To Serve As CEO Of Twitter
/in DrRichSwier.com, Economy, Politics /by DrRichSwier.comBy The Geller Report Maybe Pamela Geller will be reinstated. We shall see. Elon Musk set to become temporary CEO of Twitter: report By Summer Lane, RSBN, May 5, 2022 Elon Musk, the billionaire CEO of Tesla and SpaceX, is reportedly set to serve as the interim CEO of Twitter when his purchase of the social media […]
Arizona to Widen Interstate 10
/in Economy, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Tom Joyce In a long-fought win for local officials, Arizona will soon widen a portion of Interstate 10. The state is investing $400 million to widen the road due to the passage of Senate Bill 1239. Arizona Governor Doug Ducey signed the bill into law on Wednesday. “In the State of the State, we […]
‘Ludicrous’: Buttigieg Watches As Manchin Throws Cold Water On Biden’s EV Dreams
/in Economy, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Thomas Catenacci Democratic West Virginia Sen. Joe Manchin slammed the Biden administration’s lofty electric vehicle (EV) plans as “ludicrous,” saying the U.S. should first address root issues. Manchin expressed concerns that the administration was focusing too much on electric vehicle incentives rather than shoring up the domestic battery and critical mineral supply chains, during […]
Prices Continue to Rise, Exceeding Fed Projections
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy William Luther New data from the Bureau of Economic Analysis shows that prices continue to rise at breakneck speed—and much faster than the Federal Reserve has projected. The Personal Consumption Expenditures Price Index (PCEPI), which is the Fed’s preferred measure, grew at a continuously compounding annual rate of 6.3 percent from March 2021 to […]
No Comfort in a Correct Prediction
/in Economy, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Neland Nobel Trying to guess what the economy and the financial markets will do occupies an entire industry. And, within that industry of financial services, opinions vary greatly. That makes the job of prediction even more difficult because so many bright people have such diametrically different points of view. Which set of views is […]
Real Personal Income Down 20% from One Year Ago
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy David Stockman Editors’ Note: Some readers may find it offensive to see the criticism of Donald Trump. We think Trump did many good things and we admire his courage. However, he and the Republican leadership did abandon one of the key elements of conservative Republicanism, fiscal prudence. Yes, he was bullied by the medical […]
Meet the CCP-Loving Biden Donor Responsible for US Economic Interests in Asia
/in Economy, Featured, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Chuck Ross President Joe Biden’s pick to represent the United States on a council that promotes free trade in Asia has a long history of cozying up to the Chinese Communist Party. He’s also a top Biden donor. Biden tapped Dominic Ng, the chairman of East West Bank, to represent the United States on […]
Will Peter Thiel and other Conservative and Libertarian investors buy Disney?
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy Dr. Rich Swier Peter Thiel may be buying Disney? Really? BREAKING: Peter Thiel and other conservative/libertarian investors announce plans to buy Disney after kerfuffle over Florida Parental Rights in Education law. “This woke sh*t has gone way too far,” he told reporters. “If Elon can buy Twitter, then dammit, we can buy Disney.” — […]
Mortgage Volume Gets Crushed by Spiking Interest Rates: What it Means for Future Home Sales and Consumer Spending
/in Economy, Featured, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter The boom is over. And there are broader effects. Spiking mortgage rates multiply the effects of exploding home prices on mortgage payments, and it has taken layer after layer of homebuyers out of the market for the past four months. And we can see that. Mortgage applications to purchase a home fell […]
Private-Sector Union Membership Hit Record Low in 2021, Labor Department Data Show
/in DrRichSwier.com, Economy, Elections, Labor & Unions, Politics /by DrRichSwier.comBy Foundation for Economic Education (FEE) Private-sector union membership fell to 6.1 percent in 2021, the lowest level since the federal government started tracking this data. President Biden repeatedly has promised to be “the most pro-union president in American history.” But there’s one key group of people standing in his way: The tens of millions of workers […]
While Americans Can’t Afford Gas, Biden Slashes Drilling
/in DrRichSwier.com, Economy, Elections, Energy, Environment, Politics, Science /by DrRichSwier.comBy Jihad Watch It’s not Putin’s price hike, it’s Biden’s. And he insists on reminding us of that every few days. The Biden administration on Monday reversed a Trump administration plan that would have allowed the government to lease more than two-thirds of the country’s largest swath of public land to oil and gas drilling. The Bureau […]
Stock Markets in China & Honk Kong Dive, Yuan Slides, Crude Oil Drops on Confidence Crisis in China
/in Economy, Featured, Healthcare, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter The Shanghai Composite and Hang Seng fall to where they’d first been in 2007 during the run-up of the bubble. The Shanghai Composite Index plunged 5.1% to 2,928 on Monday, the biggest one-day drop since February 2020, during the Wuhan crisis. The index is now down 20% year-to-date and down 14% from […]
Stock Markets in China & Hong Kong Dive, Yuan Slides, Crude Oil Drops on Confidence Crisis in China
/in Economy, Featured, Healthcare, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter The Shanghai Composite and Hang Seng fall to where they’d first been in 2007 during the run-up of the bubble. The Shanghai Composite Index plunged 5.1% to 2,928 on Monday, the biggest one-day drop since February 2020, during the Wuhan crisis. The index is now down 20% year-to-date and down 14% from […]
Company Contrast: AirBnB & VRBO
/in DrRichSwier.com, Economy, Politics /by DrRichSwier.comBy 2ndvote .com Each week 2ndVote takes a look at popular companies that either score well or score poorly and then try to provide alternatives that either better align with the 2ndVote values or should be avoided to the best of your ability. This series is called The Company Contrast, and the company we will […]
The Biggest Reason Netflix Shares Are Tanking [+video]
/in DrRichSwier.com, Economy, Politics /by DrRichSwier.comBy Foundation for Economic Education (FEE) The main reason Netflix is hitting headwinds is straightforward: competition. When asked about the best way to fight monopolies in his documentary series Free to Choose, Milton Friedman had a firm answer: “the free market.” Some of his guests had other positions and argued that government intervention was necessary, but […]
The Grave Dangers of Politicizing Medicine
/in Economy, Featured, Healthcare, Liberty, Life Advocacy, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Joe Wang For the past 20 years, medical practitioners (nurses and doctors) were ranked the most trusted professions by the Gallup Honesty and Ethics poll. When a patient visits a doctor, he or she can assume that the doctor will only consider treatments benefiting the patient. This is because hundreds of years of medical […]
U.S. Economy Shrank 1.4% Marking Worst Quarter in 2-Years
/in DrRichSwier.com, Economy, Elections, Politics, Taxes /by DrRichSwier.comBy The Geller Report How do President Trump’s tweets look now, America? Under President Trump the American economy was booming in all sectors. It was the envy of the world. Today, under the Biden Administration socialist economic policies, America’s economy is shrinking, and Wall Street is warning of a recession. Once again, the Biden Administration is a […]