Current Events
Can Biden raise the debt ceiling?
The uniparty in Washington D.C. continues to “negotiate” over the “debt ceiling” with a potential default by the United States government taking place June 1. I don’t see it happening, but this entire topic is a beautiful example of the...
Federal Tax Receipts Are Tanking But Federal Spending Isn’t
The U.S. government ran a surplus in April, as it generally does in tax return month. But federal tax revenues collapsed year-on-year and the fiscal 2023 deficit is still close to $1 trillion with five months to go despite the small April windfall. Meanwhile, the...
A Positive and Hopeful Sign in the Banking Crisis
Throughout the time during which Silicon Valley Bank and Signature Bank were going under, U.S. officials were steadfastly assuring the American people that the U.S. banking system “remains sound and resilient.” The purpose of the assurances was to encourage people not...
CBDC: Can States Stop a Central Bank Digital Currency?
The only thing that can actually keep them in check and stop this dystopian nightmare is opposition and resistance. Can states help get the job done? Too early to tell, but the time to push back is right now. Florida, New Hampshire, Missouri, and Texas with ideas and...