According to the July Consumer Price Index (CPI) report, prices rose by 2.7 percent over the past year, and by 3.1 percent when the “volatile” food and housing sectors are removed from the calculation. Markets rose following the release of the CPI since the increase...
Bureau of Labor Statistics head Dr. Erika McEntarfer is one of the latest persons President Trump has told “you’re fired.” President Trump said this month that he fired Dr. McEntarfer because the president believed she manipulated jobs data. Manipulations, he stated,...
Last week the nuclear rhetoric between the US and Russia made some of us feel like we were transported back to 1962. Back then, Soviet moves to place nuclear-capable missiles 90 miles off our coast in Cuba led to the greatest crisis of the Cold War. The United States...
President Trump has recently suggested that, unless Federal Reserve Chairman Jerome Powell cuts interest rates, the president might revert to his The Apprentice days and tell Powell, “you’re fired.” President Trump backtracked on firing Powell after the president’s...
As Syria descends into full-scale civil war, with more than a thousand people killed in just the last few days, it may be a good time to remember the phrase, “Assad must go.” That was the slogan the regime-changers rolled out some 14 years ago during the “Arab Spring”...
Last week the Department of Justice announced that Jeffrey Epstein did not maintain a “client list” of prominent individuals who may have broken the law at Epstein’s private island. These individuals could be blackmailed by Epstein and whatever intelligence agencies...
A few weeks ago I urged President Trump to make a deal with Iran that would satisfy his stated goal of no nuclear weapons production and would allow Iran to continue its lawful pursuit of civilian nuclear energy. The deal on the table, as described by the Iranian...
The US Senate worked through the weekend on the “Big Beautiful Bill.” The goal was to pass it quickly to ensure the House will then pass it and send it to President Trump’s desk before the July 4th holiday. However, disagreements among Republican Senators over...
Just a few weeks ago in this space I urged President Trump to accept a deal with Iran allowing it to continue pursuing civilian nuclear power while ensuring that it would not pursue nuclear weapons. Iran signaled it was ready to sign such a deal, yet suddenly Trump’s...
On March 20, President Trump signed an executive order “Eliminating Information Silos.” The order directed heads of federal agencies to make sure officials designated by the president “have full and prompt access to all unclassified agency records, data, software...
Last week’s dramatic blowout between President Trump and his one-time top collaborator Elon Musk was shocking yet predictable. According to media reports, a cold war had been brewing between Musk’s people and Trump’s appointees and it was bound to break out into the...
Japanese company Nippon Steel’s plan to purchase US Steel was bound to provoke a strong reaction from left- and right-wing economic nationalists. After all, US Steel was once the world’s largest company, and it was the first company to be valued at over a billion...
Deal-making is said to be President Trump’s specialty, yet after five rounds of indirect talks with Iran – most recently just days ago – we seem as far away from an agreement as ever. The fifth round ended last Friday with no breakthrough, but at least no breakdown....
Last week, Moody’s Ratings lowered the United States credit rating. Fitch Ratings and S&P Global Ratings had already lowered the US rating. This new downgrade was driven by Congress’s failure to make any efforts to reduce the almost 37 trillion dollars national...
President Trump’s return to the Middle East this week, the first since his first-term 2017 visit, will take place amidst great turmoil. It is a region that bears little resemblance to the Middle East of 2017 and it appears, at least from media reporting this...
President Trump has proposed using the revenue from his increased tariffs to lower or even eliminate income taxes — with a priority on removing Americans making less than 200,000 dollars a year from the tax rolls. Exempting more Americans from income taxes — and...
News this week that Elon Musk will soon be departing his “Department of Government Efficiency” (DOGE) is a grim reminder of what happens when you challenge big spending DC. Unfortunately, the lesson once again is that when you challenge the empire, the empire...
Those who hoped the second Trump Administration would reject big spending, war, and restrictions on liberty continue to be disappointed. A new disappointment came when Department of Homeland Security Secretary Kristi Noem announced her department would in May begin...
Millions of people around the world were at the edge of their seats over the weekend, waiting to hear whether Trump special envoy Steve Witkoff’s indirect talks with the Iranian foreign minister would ratchet down tensions or would break down and bring on a major...
President Trump was elected in part because he promised to reduce prices and not drag the country into foreign wars. Sadly, President Trump has adopted a tariff policy that will raise prices and abandoned his “America First” foreign policy in favor of a return to...
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