Government's view of the economy could be summed up in a few short phrases:
If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
—Ronald Reagan, 1981

[Most Recent Quotes from www.kitco.com]


ARCHIVES
2019

Financial References:

Jan-June July-Dec
2018
Jan-June July-Dec
2017
Jan-June July-Dec
2016
Sept-Dec





MARCH 12
Taxifornia Barely Made Budget In February, As Personal Income Tax Falls Short
US Consumer Price Growth Slowest Since Sept 2016 As Auto, Drug Prices Slump
Sterling Plunges After Theresa May’s Brexit Deal Suffers Surprise Legal Setback
MARCH 11
Trump to Request $8.6B in Wall Funding, Setting Up Congressional Showdown, Sources Say
Trump’s ‘Hire American’ Policy Delivers Fastest Wage Growth Since 2009
Ocasio-Cortez: Be 'Excited' About 'Being Automated Out Of Work,' Tax Corporations at 90%
50% of Californians Say They Will Leave as State Leads in Outmigration – HOLLY NOTE: I It's OK by residents in California and New York – two of the most Progressive states in the U.S. – when they demand all the freebies UNTIL they have to pay for them.

Now half of California – or about 20 million – wants to leave the state and New Yorkers are in the process of same. The biggest problem with their outmigration is that they come to beautiful states that are conservative – or only slightly liberal. Over 4 decades, we've watched Californians move to Colorado and change it from a conservative-to-moderate state to one nearly overwhelmed by liberals. If you think this is an exaggeration, listen to Michelle Morin's podcast, "The Leftist Takeover of Colorado."

This started ramping up in the late 70s when the cost of Calif. housing went crazy. Now Colorado is experiencing the same housing shortage that spiraled California's prices into the stratosphere. Our little unincorporated area in southern Colorado has doubled in population since we moved here in 2001.

Colorado's entire population is about 5.5 million – nearly double that of when I first moved here. California's is about 40 million – many who are illegals. If even 25% of those who want to leave the state come here, those nearly 4 million would about double our population and complete the radical change of this beautiful state.

I coined the term "Californicates" decades ago before it ever became a 'thing' and ultimately a TV show because they are totally screwing up Colorado by moving here. Stupid is as stupid does. So our point of view… if you want to come to Colorado, come, but don't make us into the mess you voted for in your home state and abandoned. Learn from your mistakes.

It's tragic and short-sighted that whether it's people who move here from socialist countries or within America from very liberal states, they then begin to vote for and implement those same socialist values that destroyed the areas they came from.
As Residents Flee New York's High Taxes, State Uses Intrusive Audits to Get Cash From Defectors
Related: Cuomo: Warning Signs In $2.3 Billion Deficit
Mayor Calls For 400 Firefighter Layoffs So City Can Afford Voter-Mandated Pay Hikes For The Rest
MARCH 8
Major Catastrophe Coming To America!! You've Been Warned – video
Deadbeat Nation: 37 Million Credit Card Accounts In The U.S. Are “Seriously Delinquent” Right Now
MARCH 6
90% of Big Manufacturers High On Trump Economy, Set 4.4% Growth Target
Manufacturers See Two Years of Record-Breaking Optimism
MARCH 4
Trump Close to Closing Trade Deal With China
Winning! Trump’s Visit To Vietnam Brings $15 Billion Dollar Boeing Contract And Thousands Of Jobs To U.S.
Fiat Chrysler to Add More Than 6,000 Jobs in Michigan
Newsrooms That Rushed to Report Tax Refunds Were Smaller This Year Go Silent on IRS dAta Showing Refunds Have Increased
#MAGA: Rate of Hispanic Poverty Record LOW!
MARCH 1
US Economy Grows Faster Than Expected in the 4th Quarter, But Annual GDP Misses Trump's Goal
White House Claims Victory On 2018 Economic Growth, Aims Higher For 2019
Cuomo, NY Democrats Try To Undo AOC's Damage To Amazon Deal
PG&E Likely Started The Camp Fire And Expects a $10.5B Impact To Its Bottom Line, It Tells Regulators
Facebook and Google Will Be Punished With Giant Fines in the UK If They Fail To Rid Their Platforms Of Toxic Content
J.C. Penney to Close 24 More Stores: Sales Fall As Department Stores Struggle – HOLLY NOTE: As online sales increasingly rev up, they are killing brick and mortar stores. B&M's provide a vital cog in the purchasing wheel for those that need to sniff it, feel it, touch it, see it, try it. This is especially important for women whose bodies come in a million shapes and varieties. We need to try on clothes and shoes. Color: Everyone's desktop monitor, tablet and smart phone display color differently. If you're trying to match specific colors, it's essential to see it in person. Also, especially important for heavy items, do you want to pay shipping for furniture and appliances? Don't you want it delivered for $50?
FEBRUARY 26
ECONOMIC APOCALYPSE: Ocasio-Cortez's 'Green New Deal' To Cost Up To $93 Trillion, $650,000+ Per Household, Study Says
Chase Bank Denies Service to Conservatives
FEBRUARY 22
Democrats Downplay Job Growth, Demand 'Moral' Economy
That’s Not a Crash, THIS Is a Crash! Sydney, Melbourne Await “Housing Bloodbath”
Maduro Closes Border With Brazil To "Protect The People"
On Venezuela, Bernie Sanders Proves Socialism's Choking Immorality
FEBRUARY 20
No End In Sight For Nationwide Wave Of Teacher Strikes
Cities And States Are Scaling Back Their ‘Green’ Ambitions As Costs Skyrocket, Opposition Grows
The Wealthiest And Poorest County In Every U.S. State
Survey Shows Millennials, Baby Boomers Feel Home Ownership Is Harder Now
Boeing Wins US$43 Million Contract To Build 4 Orca Robotic Super Subs
FEBRUARY 15
Amazon Nixes Deal to Bring HQ, 25K Jobs to Big Apple After Hostile Reception From Left
1.4 Million Households No Longer Need Food Stamps Under Trump, Report
The Bipartisan Spending Binge Is Now Worse Than Under Bush and Obama
This Will Terrify You!! World Economic Collapse – video of day
Amazon Pulls Out Of Plan To Build HQ2 in New York City Amid Political Opposition
JPMorgan Will Be The First Major US Bank to Launch Its Own Cryptocurrency
'Unbelievable': RetaiL Sales Collapsed By The Most Since 2009 in December
FEBRUARY 14
Gavin Newsom To Scale Back, Not Abandon, California's High-Speed Rail – HOLLY NOTE: The Governor says he refuses to return $3.5 billion to the President for abandoning the originally designed bullet train run between L.A. and San Francisco. Newsom is only building a small fraction – 20% – of the system from Merced to Bakersfield. Also the money allocated by Obama would be returned to the Federal government, not Trump.
U.S. Will Hurtle ‘Down the Tracks to Fiscal Ruin’ If Progressives Win in 2020
Trump’s ‘Hire American’ Policy Delivers Record Wage Increases to ‘Job Switchers’
Klobuchar: Unemployment Is TOO LOW, Government Should Import More Workers
Dem Congresswoman Mocks Trump's Economic Achievements, Faces Backlash
Reporter to Jeffries: If You Can See Trump's Tax Returns, Why Not Pelosi's as Well?
The House Is Set To Vote On Trillion Dollar Spending Bill Tomorrow. No One Has Read It
Beware This Valentine’s Day: Romance Scams Cost Americans $143 Million Last Year
FEBRUARY 13
The Radical Left Is Going To Ban This!! Warning – video
Billionaire Kochs Back GOP/Dem Plan to Outsource Middle Class American Jobs
Federal Debt Tops $22 Trillion for the 1
st Time – HOLLY NOTE: That's nothing. AOC wants to add $82 TILLION more over a decade: $32.6 TRILLION for Medicare-for-All and $49.1 TRILLION for her Green New Deal. Let's not lose sight that Obama added ~$10 TRILLION of debt in just 8 years – more than ALL previous presidents combined and he didn't muster even half the economic growth and prosperity that Trump has fostered – and he's not done yet.
FEBRUARY 11
Latest Round Of Trade Talks Begins In Beijing With Deal In Doubt
Salvini Calls For Elimination Of Italy's Central Bank, "Prison Time For Fraudsters"
Higher Household Product Prices On The Way
NJ Voters Furious As Governor Murphy Prepares To Sign 'Rain Tax' Into Law
FEBRUARY 8
Green New Deal: Air Travel Stops Becoming Necessary – Build Trains Across Oceans, Rebuild Every Single Building in the U.S. - MORE – HOLLY NOTE: Take a look at the bullet points in this proposal. It is truly a disconnect from reality.
What Will The Green New Deal Cost Americans? – video of day
Steyn: AOC Plan Is As Serious As It Is Comical – video
AOC's Green New Deal Proposal Is One of the Stupidest Documents Ever Written
Venezuelans WARN Americans: Stay Away From Socialism at All Costs!
Ford Investing $1 Billion, Adding Jobs at Chicago Factories As It Makes Cuts Overseas
AI and Robotics Threaten 1 in 4 Houston Jobs, Brookings Study Finds
FEBRUARY 4
A Survival Guide For 2019 – How to Safely Navigate the 'Year Of Instability'
FEBRUARY 1
Jobs Surge By 304,000, Smashing Estimates Despite Government Shutdown
China Agrees To Buy 5 Million Tons Of Us Soybeans A Day After Talks in Washington
Bernie Sanders Proposes 77% Estate Tax For Billionaires
JANUARY 31
29 Republicans Vote With Democrats To Boost Federal Salaries 2.6%
JANUARY 29
Do People Care That The US Will Add $12 Trillion To The Debt In 10 Years, Or Am I Wasting My Time Writing About It? – HOLLY NOTE: If hare-brained Alexandria Ocascio-Cortez gets her way, she will add nearly $82 TRILLION of debt with her $32.6 TRILLION on Medicare-for-All and $49.1 TRILLION on Her Green New Deal.
The Price of 'Forever' Stamps Just Went Up
JANUARY 28
Jeff Bezos Gives a Pitiful Amount of His $160B (Net) Fortune – Just .0906% – to Charity
Trump Exults In 1,000 Media Layoffs Due to 'Fake News and Bad Journalism'
Critics: Trend to Raise Minimum Wage Will Cost Potentially Millions of Jobs
25,000 Workers Strike At Mexico Border Factories
JANUARY 25
WaPo Fact Checker Gives Ocasio-Cortez ‘Three Pinocchios’ for Minimum Wage Claims (Updated)
Adviser: Warren Will Propose ‘Wealth Tax’ She Once Shied Away From
Yet Another Union Gives Up On Preventing Its Members From Quitting
JANUARY 24
Applications for US Unemployment Aid Fall to a 49-Year Low
JANUARY 23
Over in Davos, Plutocrats Rub Their Hands Together At Ocasio-Cortez's 70% Tax Proposal
The Top 26 Billionaires Own $1.4 Trillion — As Much As 3.8 Billion Other People
JANUARY 21
Bill to ABOLISH IRS Enters Congress!
Related: See H.R.25 - FairTax Act of 2019 – HOLLY NOTE: This has to mean that they're eyeing a VAT – Value Added Tax system again. This is a nightmare beyond description, especially crippling small businesses with endless paperwork. We lived under this in Australia and while abolishing IRS sounds like happy times, there are no free rides and this is one of the best examples.
Forget the Trade War. China Is Already in Crisis
JANUARY 11
Bankrupt, Eh? Insolvency Filings Soar In Almost All Canadian Provinces
JANUARY 8
IRS Will Pay Tax Refunds During Shutdown, Easing Pressure for a Deal
Ocasio-Cortez Struggles to Explain How to Pay for $40 Trillion in Programs
Is This Downturn A Repeat of 2008?
JANUARY 4
December Jobs Report Shows Surprising Strength Adding 312,000 Jobs
Record 156,945,000 Working
Hispanic Unemployment Lowest-Ever
De-Dollarization Spreads: Why These 5 Nations Are Backing Away From The Buck
The Government “Can’t Find” $20 Trillion, While Pension Funds Are Tanking
Bokhari: The Terrifying Rise of Financial Blacklisting
2019 From a Fourth Turning Perspective
Beware: The Worldwide Debt Monster Is Rearing Its Ugly Head
JANUARY 2
Most Ridiculous Gov't Waste of 2018
Jerry Brown Blasts ‘Rural Areas’ for Not Liking Gas Tax That Disproportionately Harms Them
Joe Moribito on the Economy and Why the China Trade Deal Is So Difficult – HOLLY NOTE: (meat of the interview begins 10:55 min in)
JANUARY 1
Trump Hails 'Big Progress' Towards China Trade Deal
Dow Closes Higher on New Year's Eve, But Suffers Biggest Annual Decline Since 2008