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My “Wealth Disparity Monitor” of the Fed’s Money-Printer Era: Holy Moly. April Update of the Greatest Economic Injustice in Recent History
/in Economy, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter The wealthy got immensely wealthier. Everyone else paid for it via rampant inflation. The Fed’s own data on the distribution of wealth in the US is a quarterly report card on the Fed’s official policy goal of the “Wealth Effect.” It has now released the data for Q4. The Fed uses monetary […]
How ’emergency declarations’ & crises are being used to bypass democracy to implement Green New Deal
/in DrRichSwier.com, Economy, Energy, Environment, Politics, Science /by DrRichSwier.comBy Marc Morano Watch: Morano on Tucker Carlson on how ’emergency declarations’ & crises are being used to bypass democracy to implement Green New Deal Morano on Fox News Channel’s Tucker Carlson Tonight: “They know the Green New Deal won’t pass…The solution to the Russian invasion is the same solution to climate change, it happened […]
Obamacare: Where Does It Hurt?
/in DrRichSwier.com, Economy, Healthcare, Politics, Regulation /by DrRichSwier.comBy The Daily Skirmish – Liberato.US The problems with Obamacare are well-known. So are the lies. Let’s start with the lies. Obamacare fans are still crowing about the program’s record enrollment this year – 14.5 million. Undoubtedly, it will be mentioned when former President Obama visits the White House tomorrow to celebrate Obamacare. What they’re not telling you is […]
Debunking the Myth That Minimum Wage Laws Are ‘Progressive’
/in Economy, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Walter Block Minimum wage laws are a malicious attack on the least of us. The minimum wage is a sort of litmus test. And not only for economists. For social justice advocates, too. Forget, for a moment, the economics of it. In essence, minimum wage legislation imposes compulsory unemployment on the poor, the unskilled, racial […]
Company Contrast: Polaris
/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. We then provide alternatives that either better align with the 2ndVote values, or that should be avoided to the best of your ability. This weekly series is called The Company Contrast, and the company we will […]
Would You Trust Biden to Sell You Your Next Car?
/in DrRichSwier.com, Economy, Energy, Environment, Politics, Science /by DrRichSwier.comBy Dr. Rich Swier Joe Biden Car Salesman? Yep, Uncle Joe is determined to get you to buy all electric cars (EVs), even if you can’t afford one. Watch: Here Uncle Joe says that an EV will save $80 a month more than your current internal combustion engine care. But wasn’t it Uncle Joe […]
Weekend Read: Remembering Walter E. Williams
/in Economy, Education, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Jack Trotter The Enemy of the Nanny State Addressing a Boston anti-slavery audience in 1865, abolitionist Frederick Douglass asked, “What shall we do with the Negro?” The answer he provided was a favorite of the conservative economist Walter E. Williams, though if Douglass were to utter it today he would probably be condemned by Black Lives […]
Border Crisis Is About to Get a Lot Worse
/in Economy, Featured, Healthcare, Liberty, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Jarrett Stepman In 2021, the migrant surge at the southern border hit its highest point in two decades. But as bad as things are currently, the situation at the border may get even worse. President Donald Trump’s administration created the Centers for Disease Control and Prevention order Title 42 to allow immediate deportation of illegal immigrants […]
DeSantis Takes Aim At Disney — Here’s How Orlando Should Revoke Disney World’s Privileges
/in DrRichSwier.com, Economy, Politics /by DrRichSwier.comBy Foundation for Economic Education (FEE) Florida Governor Ron DeSantis has been getting a lot of heat in recent weeks over the state’s controversial ‘Don’t Say Gay’ bill (HB 1557). Disney joined the fray on Monday, the same day DeSantis signed the bill into law, with a statement condemning the legislation. But while the controversy surrounding the bill is […]
FDA Announces Real Meat Will Be Banned in 2024?
/in DrRichSwier.com, Economy, Elections, Healthcare, Politics, Regulation /by DrRichSwier.comBy MERCOLA Take Control of Your Health United States to Ban Real Meat? STORY AT-A-GLANCE Evidence that The Great Reset is rapidly approaching can be seen in the recent decision by the U.S. Food and Drug Administration to ban real meat, and if history is any indication, the same decision may be taken by other […]
A Defining Moment
/in Economy, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Bruce Bialosky We are coming off two years of lockdowns that were countered with government programs spending billions and billions of dollars to offset the effects of those government-imposed restrictions. We are then hit with a burst of inflation at levels not seen in America for forty years. Additionally, one of the world’s largest […]
California Democrats To Cut Gas Tax For 3rd Time, Raise Taxes Instead
/in DrRichSwier.com, Economy, Elections, Politics, Taxes /by DrRichSwier.comBy The Geller Report The brutalist party HATES you. They actually raised taxes on gas suppliers to use as rebates (Fox 40). From Republican Vince Fong: Sacramento Democrats gutted a common sense bill to temporarily suspend the state’s gas tax to provide immediate relief & replaced it w/ a massive tax increase on energy producers. […]
How Socialism Discourages Work and Creates Poverty
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy Foundation for Economic Education (FEE) Socialism diminishes people’s incentive to work to improve their circumstances by depriving them of the fruits of their effort. Advocacy for “socialism,” which the Socialist Party USA defines as a “social and economic order in which workers and consumers control production,” has made a comeback in American politics in recent years. […]
Alternatives to Woke Corporations
/in Commentary, DrRichSwier.com, Economy, Politics /by DrRichSwier.comBy The Daily Skirmish – Liberato.US Disney vowed to keep fighting Florida’s new parental rights law that prevents the sexualization of very young children in public schools. It gets worse. Disney’s president of entertainment said she supports having “many, many, many LGBTQIA characters in our stories” and wants at least 50 percent of characters to be LGBTQIA and racial […]
Cutting Edge Company Gives College Athletes Nationwide the Opportunity to Profit from their Name, Image and Likeness
/in DrRichSwier.com, Economy, Education /by DrRichSwier.comBy Dr. Rich Swier Postgame™ a cutting edge technical company in Florida has developed a smart phone app that allows college athletes nationwide to connect with brands and profit from their name recognition, images and likenesses (NIL). In a BOARDROOM article titled “Postgame App Unleashes an Army of NIL-lionaires” Russell Steinberg reported” The app that […]
Biden is Undermining Dollar Hegemony
/in Economy, Featured, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Neland Nobel Not long ago, I was talking about recent financial events related to an article I penned in The Prickly Pear with a small gathering of people, who are generally quite knowledgeable about money. A few got completely lost when discussing the dollar and its “reserve status”. It seems when one starts talking […]
Sweden—Once Mocked for Its COVID Strategy—Now Has One of the Lowest COVID Mortality Rates in Europe
/in Economy, Education, Featured, Healthcare, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Jon Miltimore Sweden, which avoided strict lockdowns, now has a lower COVID mortality rate than 29 countries in Europe alone. Early in the coronavirus pandemic, I asked a simple question. Could Sweden’s laissez-faire approach to the coronavirus actually work? Unlike its European neighbors and virtually all US states, the Swedes had opted to not shut down […]
The Exodus From U.S. Cities Is Gaining Speed, New Census Data Show
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy Foundation for Economic Education (FEE) The pattern here is clear. Americans are fleeing highly-regulated, highly taxed areas and flocking to freer states. America’s largest metro areas saw massive declines in population, new US Census Bureau data show. Three of the top five metros that saw sharp declines between July 1, 2020, and July 1, […]
How Biden Raised Gas Prices Without Anyone Noticing
/in DrRichSwier.com, Economy, Elections, Featured, Politics /by DrRichSwier.comBy The Daily Caller U.S. pump prices have surged throughout President Joe Biden’s tenure in office, even as Democrats continue to blame the spike on Russia’s invasion of Ukraine and Big Oil companies. The average price of gasoline nationwide increased a whopping 48.4% between Biden’s January 2021 inauguration and Feb. 21, three days before Russian […]
How the Fed Painted Us into a Corner
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Robert Mulligan The Federal Reserve System manages the US’s money supply, increasing or decreasing bank credit and other circulating media to reach a target interest rate usually announced at meetings of the Open Market Committee, which meets eight times a year. They met this week, announcing the first of several modest increases in the […]
Flirting with the CCP
/in Economy, Featured, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Ralph l. Defalco III Peter Schweizer is no stranger to the seamy side of American life and politics. Beginning with his 2011 book Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of us to Prison, Schweizer has routinely uncovered […]
Mortgage Rates Are Rising Much Faster than Treasury Yields. What’s the Deal?
/in Economy, Featured, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Wolf Richter Is this spread heading to what happened in the 1970s and 1980s when the Fed battled blow-out inflation? The average 30-year fixed mortgage rate tracks the 10-year Treasury yield, running roughly in parallel but higher. It tracks the 10-year yield because the average 30-year mortgage gets paid off in just under 10 […]
Excitement Grows That Elon Musk Will Start a Twitter Alternative
/in DrRichSwier.com, Economy, Elections, Politics /by DrRichSwier.comBy The Geller Report Pray for Elon. He is a singular, rational voice. Speculation grows that Elon Musk will start a Twitter alternative This was after Musk stated that Twitter’s algorithm should be open source, to which Dorsey replied that the choice of which algorithm to use should be a choice for users. Libby Emmons, Post […]
Biden’s Central Bank Digital Currencies: The Most Dramatic Expansion of Federal Powers Ever Made
/in DrRichSwier.com, Economy, Elections, Featured, Politics /by DrRichSwier.comBy Dr. Rich Swier “Too many Americans don’t have access to easy payments systems and banking accounts, and I think this is something that a digital dollar, a central bank digital currency, could help with.” – Treasury Secretary Janet Yellen “We are looking carefully, very carefully, at the question of whether we should issue a […]
Climate Change Poses No Existential Threat. Nada. Not Any.
/in Economy, Environment, Featured, Liberty, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy H. Sterling Burnett A refreshing article in the Washington Examiner demonstrates what I have repeatedly said for more than a decade: climate change does not pose an “existential threat.” In fact, that’s the title of the article: “Climate change is not an ‘existential threat.’” In discussing the energy crisis that has arisen during Joe Biden’s brief […]
Home Depot’s ‘Unpacking Privilege’ Worksheet Shames Whites, Males and Christian Employees
/in DrRichSwier.com, Economy, Politics /by DrRichSwier.comBy Dr. Rich Swier Just when you thought it can’t get worse it does. It seems that a worksheet titled “Unpacking Privilege” was distributed at Home Depot stores in Canada. The Unpacking Privilege worksheet describes two forms of privilege: Social Privilege: Special, unearned advantage or entitlement, used to one’s own benefit or to the detriment […]
Company Contrast: 7-Eleven
/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. We then provide alternatives that either better align with the 2ndVote values, or that should be avoided to the best of your ability. This weekly series is called The Company Contrast, and the company we will […]
Maricopa County, Phoenix Area, Lead Nation in Population Growth Amid Pandemic
/in Economy, ThePricklyPear.org /by ThePricklyPear.orgBy Cole Lauterbach Arizona’s valley region was one of the few major metropolitan areas in the country to grow amid the COVID-19 pandemic’s business closures, remote work, at-home school, and other disruptions. On Thursday, the U.S. Census released more detailed data from its annual population estimates recording changes in headcount from July 1, 2020, to […]
Government Debt and Inflation: Reality Intrudes
/in Economy, Featured, National Security, Politics, ThePricklyPear.org /by ThePricklyPear.orgBy Gerald P. Dwyer The last couple of years has witnessed extraordinary spending by the federal government. It has been quite the party. Figure 1 shows government spending since 2000. The increase to 30 percent of Gross Domestic Product (GDP) in 2020 stands out. Government revenue, also shown in Figure 1, does not jump. Federal […]
Airline CEOs to Biden: Drop the Mask Mandate
/in DrRichSwier.com, Economy, Healthcare, Politics, Science /by DrRichSwier.comBy The Geller Report At this point, it’s just about absolute power and seizure of our most basic freedoms. This is a crime against humanity. Scores of studies have been published on the inefficacy of masks. This is not about masks. Airlines to Biden: Drop the Mask Mandate. 10 CEOs of US passenger and cargo […]