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We Can Only Afford One, So Choose Wisely: Social Security/Medicare, Cartel Cronyism Or Inflation (Central Banking)

January 7, 2017 - 1:55am
We Can Only Afford One, So Choose Wisely: Social Security/Medicare, Cartel Cronyism Or Inflation (Central Banking)

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.

Drug Prices Likely to Rise in Trump Administration

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.

David Stockman: The Good, Bad & Ugly Of Donald Trump

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.

Bill O’Reilly Promises To Flee To Ireland If Bernie Sanders Wins

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. 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.