As every television commercial keeps reminding us that “we’re all in this together”, the data is showing that may not be exactly true. While large corporations saturate the airwaves with feel-good commercials telling us that they’ll be there for us in these difficult times, it looks like for the wealthy elite, things couldn’t be better. According to ZeroHedge and other financial outlets, the combined net worth of the wealthiest 500 people has gone up a…
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Talk of extending the lockdowns for months is nothing more than typical Progressive virtue signaling that ends up hurting the people it pretends to help.
Progressives are at it again, and this time their virtue signaling is poised to cause long-lasting damage to our economy and create painful economic suffering for millions of people. The coronavirus response here in America is working. As I wrote yesterday, the experts were wrong and a situation like Italy has not materialized here. In Italy, new cases are actually slowing down so the worst seems to be over for them. So now it’s prudent…
Read MoreThe unprecedented number of CEOs resigning was because they knew a plot to tank the economy was in place. The same way insider trading took place before 9/11.
As we continue taking in the nonstop news regarding the coronavirus, where celebrities seem to be testing positive everyday but nobody in middle America seems to know anybody who has it, a few questions are starting to come to the surface. Mainly, why did a historic number of CEOs resign over the last few months and what did they know? As has well been documented, there was a rash of insider trading in the days…
Read MoreThe economy actually is good – it’s the cost of living that’s going to ruin the middle class.
By the numbers, the economy really is doing very well. GDP growth has been spectacular and unemployment is some of the lowest ever recorded, especially among minorities and women. Then of course you have the stock market making record gains on an almost weekly basis. Overall, it’s hard to find a weak spot in America’s economy at the moment. Being president, Trump has taken much credit for the booming economy, and as well he should….
Read MoreBad Timing – Chick-fil-a surrenders just as “wokeness” begins to die.
Their chicken sandwich may be delicious, but their timing is awful. Yesterday Chick-fil-a announced they will no longer be supporting Christian based charities. An obvious bending of the knee to far-left organized attacks on the company’s long standing support of Christian values. But this caving couldn’t have happened at a worse time. Woke culture is about to face a backlash. Progressive figure heads like Bill Maher and even Barack Obama have recently remarked on how…
Read MoreNow that war with Iran is on the table, a reminder that the cost of the Iraq war could have paid for 715 years of medical research.
With the recent rumblings over Iran and Joe Biden’s bizarre claim that his presidency would cure cancer, it got me thinking of those two things and whether or not war and curing disease have anything in common. Let me start by saying that although I believe Biden’s claim was nothing more than a random empty political promise, the government could very well take an active role in something like curing a disease and it has…
Read MoreApple can’t survive on incremental improvements anymore. They need a revolutionary new product to avoid a long, slow decline.
Years of bad decisions and nonexistent innovation has left Apple in a very unenviable position for any business. They need to hit a home run with a revolutionary product in order to turn their fortunes around. Over the past two days, Apple has announced some rather troubling financial and sales data that has caused the stock to drop about 10% as of the time of this writing. But this is far worse than just a…
Read MoreWith tech stocks down, maybe their CEOs will realize their job is to run a business, not lecture everyone about politics.
Despite being among the few companies that virtually every American uses everyday, the stocks of tech giants Google, Facebook, and Twitter are all down and have given back almost all of their 2018 gains. It’s pretty shocking really when one considers the popularity and ubiquitousness of their products. It’s virtually impossible for an American over the age of 12 to not interact with at least one of these company’s products at least once a day….
Read MoreThis economic indicactor is almost never talked about in the media, but it effects everyone’s wallet more than anything else.
When the economy is talked about in the mainstream media, you almost never hear about a very important indicator and one that really describes how the average person is doing in the current economic climate. That indicator is called the labor share, or the percentage of economic earning that is paid as wages. So basically, how much of GDP is going back to the workers as wages. This can be shown as a graph which…
Read MoreStarbucks executive Howard Schultz focuses on the real issues – Bathroom keys
In the ongoing effort of Starbucks to embarrass itself by trying to change the world via its coffee shops, executive chairmen Howard Schultz has decided to take up an issue that is weighing on the minds of CEOs and business leaders around the globe…..Bathroom keys. Yes, the executive chairmen of a billion dollar multinational company has decided to formally announce his companies bathroom policies at a conference by the Atlantic Counsel. No, I’m not joking,…
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