Category: Economy

Ocasio-Cortez Claims Electoral College a Racist Scam to Benefit Middle America

Authored by Rusty Weiss via The Mental Recession

New York Rep. Alexandria Ocasio-Cortez claims the Electoral College is a racist scam meant to benefit middle America according to an Instagram video posted earlier this week.

Demonstrating a breathtaking lack of intelligence regarding history and government, the Democrat communist took a video of sprawling fields and, much as a child would, sarcastically asked if the Electoral College system is the best means to elect a President.

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Greenland: Trump’s MAGA Idea!

Guest Post by Pat Buchanan

Greenland: Trump's MAGA Idea!

To those of us of who learned our U.S. history from texts in the 1940s and ’50s, President Donald Trump’s brainstorm of acquiring Greenland fits into a venerable tradition of American expansionism.

To those of us of who learned our U.S. history from texts in the 1940s and ’50s, President Donald Trump’s brainstorm of acquiring Greenland fits into a venerable tradition of American expansionism.

The story begins with colonial officer George Washington’s march out toward Fort Duquesne in 1754 and crushing defeat and near death at Fort Necessity, where, according to myth, he fired the first shot of what would become the French and Indian War.

With the British victory, Washington went home to Virginia, only to be called back in 1775 to lead the Continental Army in America’s War of Independence, which lasted six years, until the victory at Yorktown.

With the 1783 Treaty of Paris, the Americans won title to all the land between the Atlantic and Mississippi, from Canada to Florida.

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What Globalism Did Was To Transfer The US Economy To China

Guest Post by Paul Craig Roberts

The main problem with the US economy is that globalism has been deconstructing it. The offshoring of US jobs has reduced US manufacturing and industrial capability and associated innovation, research, development, supply chains, consumer purchasing power, and tax base of state and local governments. Corporations have increased short-term profits at the expense of these long-term costs. In effect, the US economy is being moved out of the First World into the Third World.

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THIS DAY IN HISTORY – Sacco and Vanzetti executed – 1927

Via History.com

Despite worldwide demonstrations in support of their innocence, Italian-born anarchists Nicola Sacco and Bartolomeo Vanzetti are executed for murder.

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QUOTES OF THE DAY

“When I say cut taxes, I don’t mean fiddle with the code. I mean abolish the income tax and the IRS, and replace them with nothing.”

Ron Paul

“Government doesn’t work. That’s the first lesson we must learn if we want to improve society.”

Harry Browne

“Men in authority will always think that criticism of their policies is dangerous. They will always equate their policies with patriotism, and find criticism subversive.”

Henry Steele Commager

“The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or at least to neglect, persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.”

Adam Smith

The Uncertainty Of Money

Guest Post by The Zman

Imagine a world in which governments do business with one another only in gold, as in physical gold. They can issue promissory notes to one another, but it has to be backed by verified stores of gold. Governments, however, do not use gold for paying employees or contracting work with private business. In the case of employees, government pays in script, the value of which is set by the government. The vendors, on the other hand, are paid with silver, as in real silver coin or silver notes.

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If “Emissions” Actually Mattered . . .

Guest Post by Eric Peters

The only electric cars that make sense are being phased out in favor of those that don’t.

Hybrids are electric cars without the electric car’s gimps – or costs. They can run without burning gas – but when you run out of electricity, you don’t have to wait for a charge to get going again  . . . because hybrids carry around their own chargers.

They do have batteries – but they’re smaller and so cost less.

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The “Hidden Tax” That Could Hurt Your Retirement Savings

From Birch Gold Group

hidden tax hurts retirees

Retirees have enough potential problems to deal with when it comes to providing security for their retirement, including the disturbing fact that 42% of Americans may retire broke.

You can see in the GoBankingRates chart below that 61.6% of retirees have less than $100,000 saved for retirement, which is far from the amount some experts claim is needed on average:

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Barack and Michelle Obama are buying $15M estate in Martha’s Vineyard

Via The NY Post

Barack and Michelle Obama are buying $15M estate in Martha’s Vineyard

Barack and Michelle Obama are close to buying a massive Martha’s Vineyard estate.

TMZ reports that the former president and first lady are in escrow — aka in contract to purchase — a 29-acre beachfront plot with a 6,892-square-foot main house. The Obamas were initially just renting the seven-bedroom, 8½-bathroom spread for summer 2019, but apparently loved it so much that they made an offer.

It was most recently on the market asking $14.85 million, but the Obamas are apparently paying less.

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The Problems Of Design

Guest Post by The Zman

Whenever the subject of Intelligent Design turns up, it is always in the context of believers in ID attacking evolutionary biology. The ID’ers have a list of claims about “Darwinism” that they insist make evolution impossible. A popular one now, for example, is that there is not enough time for natural selection to produce enough gene mutations to explain the fossil record. A fair description of ID is that it is a list of arguments and assertions about evolution wrapped around a set of central claims.

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Will Dems Keep Trump In The White House By Overplaying Race Card?

Authored by Graham Noble via LibertyNation.com,

The Democratic Party appears to have decided that the surest way to win control of the White House in 2020 is to make racial division the centerpiece of its agenda. That is a gamble, to say the least, but unless the US economy crashes before the general election, the race card may be the only one President Donald Trump’s opponents can play.

Potential 2020 challengers to Trump are trying to outdo each other on the issue of perceived racial injustice and bigotry. As usual, the left-wing mediaare doing all they can to influence the next election in favor of Democrats – in this case, by ramming down the throats of Americans the notion that the Commander-in-Chief is a white nationalist and, by extension, so are his supporters.

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