Traditionally, Labor Day marks the end of the summer for the American public and the beginning of full time work and school for families all […]
Author: John Galt
08.29.25 Credit Union Failure Friday: Members First of Maryland Federal Credit Union Closes
And conveniently, just as the holiday weekend begins and no one cares, a credit union goes tango uniform into the night. From the National Credit […]
President Trump’s Firing of Fed Governor Cook Might Backfire
Tonight, in what can only be called a shocking move, President Trump put down the Diet Coke, apparently, and went fully leaded which of course […]
Trump’s Stagflation Nightmare Accelerates with Powell’s Folly
As someone who studied history and lived through the late 1970s in high school then into college, it might seem like I am now once […]
Nope, Can’t Find This in the Constitution
If any of my readers can, please show me the clause that allows the US government to forcefully acquire any percentage ownership of a company. […]
Jackson Hole Marks the Start of America’s Financial Market Insanity
Way back in ancient history, okay, actually on July 13, 2025, these pages published the following article: Will Trump’s War on the Fed Crash the […]
America, It is Time to Get Serious and MACA
There are few crisis which gets Americans worked up, but this upcoming Labor Day holiday might create a crisis that the President will have to […]
This Item is a Threat to America’s National Security
America, we have a problem. No, it is not hypersonic Russian or even Chinese nuclear missiles. It’s not terrorists crossing our border with nuclear materials […]
The Federal Reserve’s Binary Choice Means Pain
There are points in economic cycles where the outcome of any economic decision made becomes a binary choice. Unfortunately for the American public, the upcoming […]
Is Intel About to Become the Communal People’s Chipmaker?
Today was another one of those days where one looks at the Trump administration and wonder to themselves the following: Did the “R” for the […]
How Retailers Like Walmart Pass on Tariffs to the Public
After listening to Peter Navarro bark like a trained seal on Bloomberg Television this afternoon, I fear this brief thread is more necessary than ever. […]
The Populist Threat to America’s Economy
In ancient days, to avoid the wrath of a Rome, the wealthy would often offer tribute in many forms as a sign of submission and […]
Trump’s Trade War Fallacy
Today was another one of those “days of days” when President Trump announced retaliatory tariffs against India and, for some reason, Japan. At the same […]
The Only Chart From Friday’s BLS Data You Need to See
I present this with little comment other than pointing out the dates. Yes, it is that obvious and if one was around for all of […]
August 1st Was a Bizarre Day in US Economic History
First, a minor mea culpa as I missed not by a mile, but by two hundred miles in my forecast fro the Bureau of Labor […]