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January 7, 2017 - 1:55am
Submitted by Charles Hugh-Smith via OfTwoMinds blog,
Here's the problem with central banks seeking higher inflation: costs go up but wages don't.
It's easy to quantify the annual cost of Social Security/Medicare, and not so easy to calculate the cost of Cartel Cronyism and Central Bank-created inflation. Cartel cronyism is a hidden tax on the entire economy, as is Central Bank-created inflation.
December 13, 2016 - 3:01am
The price of drugs remains out of control, and President-elect Trump has vowed to address high drug prices. But, the Republican Congress is set to repeal the Affordable Care Act, which means that the drug companies will lose millions of customers with drug coverage, many of whom will no longer be able to afford their drugs. Because drug companies have the power to set drug prices and will want to make up for their lost revenue, drug prices are likely to rise in a Trump administration.
February 28, 2016 - 9:35am
Submitted by David Stockman via Contra Corner blog, America will need the Almighty’s unstinting favor if Donald Trump becomes our 45th President. Still, blessed be The Donald for running a demolition derby in the Republican primaries. There is no hope for the future of capitalist prosperity and a free society at home and world peace abroad unless the Republican Party is destroyed. And, by golly, Trump may well accomplish the deed. We need to be clear.
January 18, 2016 - 7:15am
Fox TV host Bill O’Reilly has promised the American public that he will leave America permanently and flee to Ireland if Presidential candidate Bernie Sanders is elected President of the United States. On his Thursday show O’Reilly warned that Sanders wanted to secretly “dismantle” Medicare and the “Affordable Care Act” in order to impose his own socialist scheme – Berniecare. Presstv.com reports: “If Bernie Sanders gets elected president, I’m fleeing … I’m going to Ireland. And they already know it. … I shouldn’t say it publicly because that will get Sanders more votes,” O’Reilly said.