If only that were still true.

Today, the business of America is government.

Governments everywhere dominate every nook and cranny of our lives.

We have a TITANIC, OBSCENE federal government. It’s so huge that nine of the twenty wealthiest counties in the U.S. are D.C. suburbs. […]

— Read More: pjmedia.com

The losses have been so severe that would-be retirees need to work an extra six years on average before they can hang up their work boots—and they can blame Washington for this financial disaster.

Much of the damage to senior’s retirement accounts has been hidden by the stock market rally of the last several years. The S&P 500 increased 45% from the first quarter of 2021 through the third quarter of this year, but almost half of that was just inflation driving stock prices higher, not an increase in real value.

The inflation-adjusted increase over that same period is 22%. Still, that’s not a bad rate of return. The problem is that people don’t put all their retirement savings into the stock market, especially as they get closer to retirement. They rely more on fixed income assets, like bonds, which have been decimated recently.

The rapid rise in both inflation and interest rates has been a one-two punch to bond returns, which have had their worst four-year run in at least a century. Ironically, seniors who thought they were being responsible by shifting their retirement savings into bonds as they got older ended up taking the worst losses. […]

— Read More: www.dailysignal.com

American society teaches hatred and distrust of everything capitalist, even though its benefits are all around us—helping to feed, cloth, house, and protect us. In contrast, the government screws up virtually everything it lays its hands on and charges us double to do so.

I remember when I was a child that my mother would retrieve the morning milk, just outside the back door, from the “milk box.” I don’t remember how old I was when I finally asked how the milk got there, and my mother told me that the milkman put it there. I think I had previously chalked it up to something akin to Santa Claus or the tooth fairy, and when I realized how dark and cold—even snowy—it could be outside early in the morning, I was amazed!

Today, on the drive to work, I heard an otherwise-intelligent retired athlete say the following:

If you are a billionaire sports team owner you obviously have screwed a lot of people over, but in the case of building sports stadiums, taxpayer subsidies are needed because they create jobs. […]

— Read More: mises.org

Even after her loss on Nov. 5, Vice President Kamala Harris’ election campaign is still hounding donors for money.

Harris’ campaign has bombarded supporters with fundraising messages following her election day defeat, with the most recent being sent out Sunday night, according to emails obtained by the Daily Caller News Foundation. Each email claims, using slightly different language, that the “Harris Fight Fund” is collecting donations to fund legal efforts and recount initiatives to help Democrats in close congressional races.

“First and foremost, we want to acknowledge the fear, confusion and sadness many of you are feeling at this moment,” one of Harris’ post-election emails reads. “As you read this, there are U.S. Senate and House races that are either too close to call, or within the margin of recounts or certain legal challenges. Can you please rush a contribution to the Harris Fight Fund program today?”

After clicking the donation link contained in the emails, prospective donors are sent to the ActBlue page for the Harris Victory Fund. The first $41,300 in donations from an individual to the Harris Victory Fund are sent to the Democratic National Committee (DNC), according to the fine print of the donation page. Only the next $3,100 in donations from a given individual are deposited into “Harris for President’s Recount Account.” The next $510,000 in donations from an individual donor are earmarked to be disbursed equally among the Democratic Parties in all 50 states and D.C., with any excess funds going to the DNC. […]

— Read More: dailycallernewsfoundation.org

Cortese shared about the audit on a recent episode of EpochTV’s “Bay Area Innovators.”

He said $24 billion is what was invested throughout the state of California by the time the audit came out, and with that spent on 58 counties, homelessness should have been wiped out.

“We want homelessness to be resolved, to be eradicated, really … but that hasn’t happened, obviously. Everyone can see that with their own eyes,” Cortese said. “In San Jose … there’s still somewhere between 4,500 and 5,000 people on the streets.”

He noted that there are two types of homeless people, those who are sheltered and those who are unsheltered. […]

— Read More: www.theepochtimes.com

Guest host David Asman said, “Jay Powell was talking yesterday about fiscal responsibility and of course some people wonder about the responsibility of the Fed to inform Congress and the White House when they’re not being fiscally responsible. But let me just roll that tape and get your response.”

Powell said, “The U.S. fiscal, federal government’s fiscal path, fiscal policy is on an unsustainable path. You’ve got a very large deficit at, you’re at full employment and that’s expected to continue. So it’s important that we, you know, that to be dealt with. It is ultimately a threat to the economy.”

Asman said, “Yeah, well, where was he with the rollout of all that deficit spending of the Biden administration?”

Carney said, “Right, we needed to hear from him back in 2021 when the Biden administration was rolling out the American Rescue Plan, another two trillion dollars.” […]

— Read More: www.breitbart.com

Like so many disasters, this started out with a great idea proposed by the venture Marxists who grift their way to the top of most federal agencies.

The Biden administration in 2021 unveiled an initiative to kick-start smaller meatpackers and help the U.S. food system avoid supply shocks such as those during the Covid-19 pandemic, when shutdowns of meat plants backed up livestock on farms and prompted some farmers to euthanize animals.

If, in the words of the prophetic James Carville, you “drag a hundred-dollar bill through a trailer park, you never know what you’ll find,” then you can imagine the effect of $325 million in grants and $700 million in federally secured loans had on the meatpacking industry. It increased everything except production and market share.

This project has sad echoes throughout the economy.

The Bipartisan Infrastructure Law, which Biden signed in November 2021, included $7.5 billion for EV charging. Of that, $5 billion was allocated to individual states in so-called “formula funding” to build a network of fast chargers along major highways in the National Electric Vehicle Infrastructure, or NEVI, program.

But after two years, that program has only delivered seven open charging stations with a total of 38 spots where drivers can charge their vehicles, according to a spokesperson for the Federal Highway Administration. (The funding should be enough to build up to 20,000 charging spots or around 5,000 stations, according to analysis from the EV policy analyst group Atlas Public Policy.) Stations are open in Hawaii, New York, Ohio and Pennsylvania and under construction in four other states. […]

— Read More: redstate.com

It stands to reason that Trump Media shares would also be on the rise, especially after Trump torched the people saying that he was about to offload his shares in the company.

New York Post reported:

“Shares of Trump Media & Technology Group jumped on Friday after President-elect Donald Trump said he had no intention of selling his shares in the company, which owns his Truth Social media platform.”

Trump took to Truth Social to counter what he described as ‘rumors’ that he had the intention of selling his shares.

“’There are fake, untrue, and probably illegal rumors and/or statements made by, perhaps, market manipulators or short sellers, that I am interested in selling shares of Truth’, Trump wrote. ‘THOSE RUMORS OR STATEMENTS ARE FALSE. I HAVE NO INTENTION OF SELLING!’, Trump added.”

Shares of the social media company jumped 15% higher on Friday at $31.91, with a session high of $33.03. […]

— Read More: www.thegatewaypundit.com

“Your pocketbook is bad, not because the Bidens did anything. Not because the economy is bad. Your grocery bills are what they are because the folks that own the groceries are pigs,” Whoopi said hatefully.

Wanting to talk about "the real stuff," multi-millionaire, Whoopi Goldberg declares "your pocketbook's bad not because of the did anything, not because the economy is bad" but because "the folks that own the groceries are pigs!" pic.twitter.com/xoKkKIMtao

— Nicholas Fondacaro (@NickFondacaro) November 7, 2024

Fake Republican Alyssa Farah Griffin agreed, adding, “But no one articulated that.”

Whoopi, who makes $8 million a year on the show, spreading this hate, then went on, “Well, that’s what I’m saying, is that let’s talk about the reasons why stuff—gas is high, not because the Bidens didn’t try to help, but because the folks who control that decided ‘I want mo’ money!’”

GROCERS ARE OUTRAGED

The National Grocers Association warned that her remarks could fuel violence against store employees, emphasizing that inflation stems from broader economic issues. […]

— Read More: www.independentsentinel.com

Modern nuclear technologies show promise and offer a safer harnessing of the mighty atom. The limitations of renewable energy technologies – particularly a continuing need to power the electric grid with difficult-to-replace fossil fuels, including coal, oil, and natural gas – have caused even left-leaning environmentalists to give the castaway nuclear harlot another gander. And she’s lookin’ good!

Horrors of Atomic Armageddon Abate

Fears of bureaucratic incompetence or corruption in safely maintaining massive1950s nuclear reactors were the stuff of end-of-the-world disaster movies long before the proliferation of real nuclear incidents proved such anxieties were quite sensible. Godzilla was a fictional depiction of lurking real-life anxiety, compounded by justifiable concerns about terrorist attacks against nuclear installations and where to safely store spent radioactive fuel cells forever (if not beneath Yucca Mountain). Other blockbuster flicks teased audiences with nuclear salt for their worried nerves: Damnation Alley, Fail-Safe, Goldeneye, Silkwood, The Hunt for Red October, and The China Syndrome examined various threats of the dawning atomic age.

Hollywood may have to shift its Armageddon themes to climate change, nasty pathogens, or alien invasions; its honeymoon with atomic horror movies has largely ended. Many US reactors have been permanently decommissioned, reducing threats from operation, terrorism, and disposal. Americans just aren’t having nuclear nightmares the way they used to. The promises of future technologies suggest they may finally be able to sleep well. […]

— Read More: granitegrok.com