Chriss Street

Chriss Street

  • April 6, 2021

    California's predatory water policy is billionaire farmer–friendly

    Just as farmers are enjoying spiking demand and the best agricultural prices in almost a decade, the California Department of Water Resources is set to slash water deliveries that could force liquidation of family farms into the hands of bi...

  • August 1, 2020

    California Supreme Court rules against pension spiking

    Facing an $85 billion state deficit and $83,738 pension liability per household, the California Supreme Court denied public employee rights to engage in “pension spiking.” Unionized public employees in California and 12 other states ha...

  • July 13, 2020

    Trump policies drive boom recovery

    The U.S. government has traditionally relied on increased state and local spending to fight recessions, but President Trump's direct stimulus payments tripled America's personal savings rate and created "pent-up demand" for a powerf...

  • July 7, 2020

    China floods threaten collapse of world's largest dam

    The China Meteorological Administration issued a "No. 1 Flood" warning as a second month of rain and earthquakes risks collapse of Three Gorges Dam and the safety of 400 million.   Southern China in June suffered its worst...

  • July 2, 2020

    California's balanced budget looks like Orange County's before going bankrupt

    California's super-majority Democrat Legislature just passed, and the governor has signed, a "balanced budget" that looks like Orange County's before it filed for bankruptcy. It has been 25 years since "AA" credit-...

  • June 20, 2020

    California Legislature facing $54.3-billion deficit chooses to increase spending

    The California Legislature, facing a $54.3 billion budget deficit in the next fiscal year beginning July 1, has chosen to increase spending in expectation of a federal bailout. The nonpartisan Legislative Analyst Office (LAO) on May 7 shocked Cali...

  • May 23, 2020

    Broke California still robbing schools to pay illegal alien legal fees

    Despite California forecasting a $54.3 billion deficit next year, Gov. Gavin Newsome intends to continue funding illegal immigrant legal fees with public school funds. Newsom is targeting the largest of his draconian cuts on the state’s $71 ...

  • May 4, 2020

    Newsom's beach closures are distraction for Cal budget collapse

    California's Gov. Gavin Newsom's closure of Orange County beaches is an effort to distract the public from the state's "tens of billions of dollars" financial free fall. Newsom's April 30 executive order closing Oran...

  • August 15, 2019

    Saudi Arabia’s $200 million a day fails to conquer Yemen

    Saudi Arabia has essentially been booted from Yemen after four years of bankrolling mercenaries at the cost of $200 million a day to crush impoverished desert tribesmen. As of mid-June, the Yemen Civil War that began in 2015 had seemingly set...

  • August 12, 2019

    Chicken farmer beats environmentalists for right to use '100% natural'

    A court dismissed environmentalist claims of "concrete injury" for the costs of shaming and refuting Sanderson Farms and its customers for calling its chickens "100% Natural." The Organic Consumers Association, on behalf of the...

  • August 8, 2019

    North America is the China-US trade war winner

    Mexico and Canada were America's top two trade partners in the first six months of 2019 as the escalating China-U.S. trade war booted China to third place. With China falling behind Mexico and Canada, President Trumps' trade war has succee...

  • August 2, 2019

    US Senate bipartisan support for Nord Stream 2 sanctions

    The U.S. Senate Foreign Relations Committee passed a bipartisan bill to sanction any company and individual that helps Russia build the Nord Stream 2 natural gas pipeline. The nearly completed Nord Stream 2 is a pair of pipelines that will run und...

  • July 31, 2019

    Conference Board: Consumer confidence headed for all-time high

    The Conference Board's Consumer Confidence Index spiked to 135.7 in July and appears headed for an all-time high as employment confidence continues to increase. The Trump administration can celebrate the Consumer Confidence Inde...

  • July 29, 2019

    America’s X-37B military space plane passes 700 days in space

    The Air Force's top-secret X-37B Space Plane that appears to be the prototype for the world's first stealth outer space fighter just set a new record of 700 days in orbit. The X-37 is called the "mini-shuttle" because it is ...

  • July 21, 2019

    Cali wildfire bailout results in electric rates 70% higher than national average

    California’s proposed $26 billion bailout of bankrupt PG&E’s wildfire liability will push the state’s average residential electric rates to 70 percent higher than national average. California Gov. Gavin Newsom signed a b...

  • July 13, 2019

    Tom Steyer enters presidential primaries

    Billionaire hedge fund–manager, former coal king, and all-time top Democrat contributor Tom Steyer launched his own $100 million presidential campaign to take control of America. San Francisco's Tom Steyer has been true to his statement:...

  • July 12, 2019

    Truth in Accounting awards Chicago 'F' grade

    The nonpartisan Truth in Accounting think-tank awarded the city of Chicago a transparency "F" grade for failing to disclose that each resident now owes $38,100. TIA for almost two decades has rapidly produced detailed forensic accou...

  • July 8, 2019

    California 6.9 earthquake was number 8,329 in last 12 months

    California's 6.9 magnitude on the Richter scale earthquake on the San Andreas fault line was just one of the 8,239 earthquakes that hit the state in the last 12 months. Earthquake magnitudes are measured on an exponential scale, with each poin...

  • July 3, 2019

    Socialism and capitalism are both making gains

    Opinions regarding socialism and capitalism are both making substantial gains with the American public, but the economic middle ground is shrinking fast. The Roper/Fortune survey has polled American adults since 1942 regarding the merits...

  • July 2, 2019

    Man-made climate change reduced US wildfires to lowest levels in 400 years

    Congressional testimony demonstrates that man-made intensive livestock grazing since 1879 has reduced the size and intensity of U.S. wildfires to lowest levels since the 1600s.  In congressional testimony regarding "Natural Dis...

  • June 28, 2019

    Climate changed: May was the second wettest month in US history

    The National Oceanic and Atmospheric Administration reported the month of May was the second wettest, and temperatures were in the bottom third for 125-year U.S. history. The 2010 publication, titled "A Global Overview Of Drought and Heat-Ind...

  • June 27, 2019

    FTC and Justice Dept. launch 'Operation Call It Quits' against robocallers

    The U.S. Justice Department and Federal Trade Commission have launched ‘Operation Call It Quits’ in what regulators promise will be a concerted crackdown on illegal robocallers. The Congressional Research Service reported last year tha...

  • June 26, 2019

    California Wildfire season begins with state still blaming climate change

    California wildfire season began with Gov. Newsom blaming climate change after $55.8 billion from wildfire losses, threatened federal funds cut-off, and PG&E's bankruptcy. Gov. Newsom unveiled another 60-day Strike Force update "...

  • June 23, 2019

    California 75% probability of financial crisis in next recession

    The Public Policy Institute of California (PPIC) estimates there is a 75 percent probability that the state’s next recession will result in a severe financial crisis.   PPIC was established 25 years ago by William Hewlett, co-found...

  • June 19, 2019

    Military Warns China’s 5G Interferes with U.S. Weapons

    The U.S. military’s Defense Innovation Board warned Congress that China’s fifth generation telecommunications rollout is designed to interfere with U.S. weapons systems. The Congressional Research Service issued a report titled ‘...

  • June 17, 2019

    China strategically withdraws in Art of War offensive

    China, facing trade war retaliation and Hong Kong protests, is following an ancient Art of War offensive strategy by temporarily withdrawing when meeting concerted opposition. Sun Tzu's Art of War military treatise may have...

  • June 13, 2019

    PG&E's bankruptcy: Renewable energy costs at 800% of market rates

    PG&E's bankruptcy court revealed that the company may dump its state-mandated renewable energy source contracts that cost up to 800 percent more than market rates. California mandated a zero carbon emissions future by passing the Glob...

  • June 12, 2019

    Apple at 100% capacity to make iPhones outside China

    Bloomberg reports that Apple’s primary business partner has capacity to produce 100 percent of iPhones outside China demonstrates America’s strength in US Trade War. Just hours after Simon Rabinovitch, Asia editor for the...

  • June 10, 2019

    President Trump shakes the big stick at Mexico

    President Trump walked hard and carried a big stick this week to bludgeon Mexico into honoring its January 2019 deal to halt illegal immigrants at its southern border. As a key implementation requirement in President Trump’s October 2018 res...

  • June 10, 2019

    China's real growth rate

    Enodo Economics recalculation of China’s first quarter real GDP growth was only +2 percent versus the +5.6 percent number officially reported by the central government. The U.S. Federal Reserve recently warned that since China supposedly tra...

  • June 7, 2019

    China's food supply imperiled

    China's food supply is being imperiled as new reports warn that up to 50 percent of China's 440 million pigs are now at risk from African Swine Fever infection. The South China Morning Post reported that Chairman Chan Kin Yip of ...

  • June 6, 2019

    California rated biggest contributor to America’s productivity growth

    California, with a productivity growth rate of +1.7 percent from 2000 to 2017 was the biggest contributor to America’s productivity growth, according to the Bureau of Labor Statistics. The nonpartisan Bureau of Labor Statistics (BLS)...

  • June 4, 2019

    Trump winning China trade war by following Art of the Deal tactics

    President Trump is winning the trade war with his Art of the Deal tactics as China's leadership lashes out in a last-ditch effort to regain a stronger negotiating position. Donald Trump in a June 2016 campaign speech blamed politicians for neg...

  • June 4, 2019

    California solvency threatened by Silicon Valley stock crash

    The California Legislative Analyst Office warned that a crash in Silicon Valley stock could threaten state solvency with $12 billion in annual capital gains tax losses. The nonpartisan Legislative Analyst's Office (LAO) has provided the Califo...

  • June 3, 2019

    America's cattle threatened by tick-borne 'yellow fever' epidemic

    America's cattle herds are now threatened by a tick-borne epidemic of bovine "yellow fever" that kills huge numbers of adult cattle and can spread to humans if not treated. The China trade war and floods have devastated agricultural ...

  • June 1, 2019

    Pentagon to counter China threats by funding US rare earth mines

    The U.S. Defense Department requested federal funding to support the ramp-up of several American rare earth element mines after China threatened an export ban. The Sino-American trade war raged this week with a series of back-and-forth retaliation...

  • May 31, 2019

    Facebook massive class-action privacy suit moves to discovery

    U.S. District Judge Vince Chhabria moved to discovery a class-action damages suit against Facebook by users claiming their privacy was mined through “friends.” Facebook’s 2019 Annual Stockholder Meeting was supposed to be a victo...

  • May 31, 2019

    US Marines invaded China 119 years ago today

    Despite the U.S. declaring an “Open Door Policy” in support of China’s sovereignty, U.S. Marines on May 31, 1900 invaded China to help defeat the Boxer Rebellion. With imperial Great Britain, Germany, Austria-Hungary, France, Jap...

  • May 30, 2019

    45% of California Roads are Rated in 'Poor Condition'

    The Transportation for America reported that 45 percent of California’s 394,383 lane miles of roads are rated in “poor condition.” The stated mission of the nonpartisan think tank known as “T4-America...

  • May 30, 2019

    Inverted Treasury Yield Curve Spooks Wall Street

    Wall Street has been spooked by an economic risk indicator of potential recession as U.S. Treasury long-term interest rate “inverted” to fall below the short-term interest rate. Interest rates on long-term borrowing should be lower tha...

  • May 29, 2019

    World's biggest computer show reveals China trade war risks

    COMPUTEX 2019, the world's biggest computer trade show, opened in Taipei with dazzling 5G, AI & IoT, blockchain, and gaming offerings, but little interest in China. Computex, following the launch of 4G/LTE, peaked in 2012 with over 14...

  • May 27, 2019

    Former top MI6 spy reveals Huawei 99% owned by China communist union

    Sir Richard Dearlove, former Head of British secret intelligence service MI6 warns that 99 percent of Huawei is directly owned by the Chinese Communist Party. In "Defending Our Data: Huawei, 5G and the Five Eyes," Dearlove repo...

  • May 24, 2019

    82% of off-shored US manufacturers in China report tariff pain

    The American/China Chamber of Commerce found that 82 percent of American-owned manufacturers in China are suffering significant pain from Trump Trade War tariffs. ‘AmCham’ surveyed business conditions for its 900 member American-owned ...

  • May 23, 2019

    Gen Z Christian youth leading conservative win in EU elections

    The hottest political leader in Europe is 23-year-old Christian Jordan Bardella of France, who is leading a youth rebellion to gain control of the 28-nation EU Parliament. With unemployment for 15-24-year old at 14.9 percent in January, a you...

  • May 23, 2019

    Tesla is at risk of bankruptcy if the stock falls by 20%

    Tesla CEO Elon Musk, who borrowed $517 million on margin to buy more stock, potentially would be forced to liquidate all his shares and risk bankrupting Tesla if the price falls by 20 percent. Tesla, Inc. has lost money almost every quarter over t...

  • May 22, 2019

    Trump trade war makes $89-billion profit

    President Trump's trade war with China is set to make an $89-billion profit after compensation payments for China tariffs against U.S. farmers. Globalists claimed that Americans would suffer the greatest harm from President Trump's trade w...

  • May 21, 2019

    European voters by 2 to 1 believe EU going in wrong direction

    The European Council on Foreign Relations' European Parliament election eve survey found that residents by a 2-to-1 majority believe that the E.U. is going in the wrong direction. Despite the ECFR describing itself as a forum to ...

  • May 21, 2019

    China foolishly threatens rare earth elements ban

    Chinese threats to ban exports of "rare earth elements" critical to high-tech American products will foolishly boomerang by forcing the U.S. to ramp up mining and processing. Bloomberg reported that China's President Xi Jinping...

  • May 17, 2019

    Trump Blacklists Huawei from 60% of 5G Market

    President Trump has export blacklisting the exclusion of China’s giant Huawei Technologies Co Ltd from about 60 percent of the world’s potential market for 5G gear. China’s last-minute walk away from an agreed upon Trade War...

  • May 16, 2019

    Winter is coming for Silicon Valley monopolists

    "Winter is Coming" for Silicon Valley monopolists, who long ago moved from innovation to mining government regulatory relationships to crush competition and maximize profits. As eloquently stated in The Myth of Capitalism regarding ...

  • May 15, 2019

    Trade war pushes China into current account deficit

    The biggest damage from a renewed trade war with the United States will be China's swing from 25 years as a net domestic saver to a global net borrower. More than $1 trillion in stock value was wiped out on Monday due to the collapse of the ex...

  • May 15, 2019

    California monster El Niño storm to bring up to three feet of snow

    California is being targeted by a monster El Niño storm that will bring seven days of torrential rain and up to three feet of mountain snow and may cause an Oroville Dam overflow. A period of strengthening trade winds th...

  • May 14, 2019

    Trump accelerates directed-energy weapons development

    President Trump's 2020–2024 military budget reveals 186 cutbacks or cancelations of Army weapon systems to focus on directed-energy battlefield dominance. The Military Times lamented just weeks before President Obama was s...

  • May 14, 2019

    Supreme Court decision opens Apple to antitrust lawsuits

    The Supreme Court has ruled that Apple iPhone users can pursue antitrust lawsuits against its app sales in a case that threatens to devastate Silicon Valley's business model. Apple tried to halt a lawsuit by four iPhone-users wh...

  • May 11, 2019

    House passes $19-billion disaster aid package over Trump's veto threat

    The Democrat-controlled U.S. House of Representatives passed a $19.1-billion pork-rich disaster recovery bill that President Trump is threatening to veto. Trump and the Republicans might have been willing to sign on to the package if it funded the...

  • May 10, 2019

    Trump one of few presidents more popular than at inauguration

    Donald Trump is only the third president since FDR whose job approval rating is higher at this point in the third year of his first term. The Gallup poll revealed that President Trump's job approval rate is 46 percent in his 119th...

  • May 8, 2019

    Federal Reserve's junk bond warning crashes world markets

    The Federal Reserve crashed world stock and bond markets by issuing a report that record levels of junk loans represent a major U.S. economic risk. The Fed's latest semi-annual "Financial Stability Report" revealed that risky loans i...

  • May 7, 2019

    China defies US oil sanctions on Iran as domestic production flops

    China will not submit to unilateral American sanctions against importing Iranian oil after reports that its domestic energy production plan has flopped. The Trump administration on April 21 announced that as of May 2, the U.S. would increase finan...

  • May 7, 2019

    Trump administration forces China to sell the Port of Long Beach

    The Trump Administration's Department of Homeland Security has forced China's state-owned Cosco* to sell the Port of Long Beach over security concerns. China's Cosco Shipping Holdings, which bought out its 75 percent–owned Hong K...

  • May 6, 2019

    China nuclear triad expansion threatens US trade deal

    President Trump threatened to kill the trade deal and slap new tariffs on $325 billion on Chinese imports after the U.S. Department of Defense warned of rapid expansion of China's nuclear triad. With most analysts expecting that the Trump admi...

  • May 3, 2019

    Global cooling: California snowpack at 188%

    The California Department of Water Resources (DWR) reported on May 2 that its Northern Sierra snowpack and water equivalent levels were 188 percent of average. DWR conducted its fifth and final manual survey at Phillips Station near Sier...

  • May 1, 2019

    Panic over 704 measles cases, silence over 59,500 flu deaths

    Despite hyperventilated reporting on 704 cases of measles, there has been silence over this year's flu season that already hospitalized 630,000 and killed 59,500 Americans.    The U.S. Centers for Disease Control (CDC) repo...

  • April 30, 2019

    California wildfire prevention: Unplugging Grandma's ventilator

    PG&E will respond to California's reckless environmental policies that cause huge wildfires by unplugging electricity on windy days, despite risks to shut-ins and the elderly. The California public utility, forced into its second bankruptc...

  • April 26, 2019

    Is Michelle Obama the Democratic stealth nominee?

    Joe Biden joined 19 other Democrat presidential candidates who appear to be serving as crash dummies until Michelle Obama as America's sixth most popular and second most famous public figure jumps in. Former vice ...

  • April 25, 2019

    China's pension crisis

    China faces the biggest pension crisis on the planet with its social security systems running out of money by 2035 and many provincial and business retirement funds already broke. Chinese Academy of Social Sciences released a study estimating that...

  • April 23, 2019

    Tesla celebrates Earth Day with stock crash

    Tesla’s Earth Day live-streaming of its updated Autonomy self-driving capability so underimpressed Wall Street analysts, the company’s stock crashed by 4 percent. It has been a rough six months for Elon Musk after he was forced to sett...

  • April 22, 2019

    US sets world record natural gas production as prices plunge

    U.S. natural gas production set an all-time world record last week despite prices hitting a new annual low and down 85 percent over the last 14 years. After dominating world natural gas production for 50 years, American production peaked in 1972 a...

  • April 21, 2019

    ObamaCare robs Medicare

    A new Rand study found that with ObamaCare robbing Medicare of $716 billion, payments to primary care doctors plunged to just 3.5 percent of total program spending. Despite funding of primary care doctors being “associated with higher qualit...

  • April 18, 2019

    MAGA: West Coast imports crash 19% in first quarter

    U.S. West Coast container import traffic plunged by 19% in the first quarter of 2019 as Trump's trade war hammered China's export economy. Drewry Maritime Research reported that U.S. West Coast ports suffered from a "tariff hango...

  • April 16, 2019

    Trump confronts China with aircraft carrier bristling with F-35Bs

    President Trump confronted China's effort to dominate the South China Sea by sailing the USS Wasp Marine Assault Carrier armed with up to 15 F-35B jump jets. Local fishermen uploaded video of the USS Wasp amphibious ca...

  • April 13, 2019

    MAGA: H&R Block average customer paid 25% less tax in 2018

    H&R Block reported that due to Pres. Trump's Tax Cuts and Jobs Act, its average customer paid 25 percent less in taxes in 2018 than in 2017. As America's largest tax preparer, the Kansas City, Missouri company operates 12,000 retail of...

  • April 11, 2019

    California wildfires are burning down public utilities

    California's public utilities' credit ratings are burning down after regulators determined that about 70 percent of the state is now rated at high or extreme wildfire risk. California's Democrat-controlled Legislature has mastered the ...

  • April 5, 2019

    The surprising economics of a no-deal Brexit

    A United Kingdom "Brexit" from the European Union without a negotiated divorce may hurt the British economy, but staying in the E.U. could surprisingly cause worse pain. The U.K.'s representative democracy has complicated the pr...

  • April 4, 2019

    Timing of Chinese spy arrested at Mar-a-Lago

    The arrest of a Chinese woman at Mar-a-Logo carrying four cell phones, an external drive, and a malware-infected USB drive comes as the U.S. and China negotiate a final trade deal.  With President Trump at Mar-a-Lago on Saturday morning,...

  • April 3, 2019

    Democrats doubling down on identity politics for 2020 elections

    Democrats are doubling down on identity politics as the top focus for their 2020 elections strategy after polls claim that President Trump got no positive bounce from the end of the special counsel investigation. The FiveThirtyEight...

  • March 29, 2019

    Mexico bows to Pres. Trump on 'containment' of illegal aliens

    Mexico bowed to President Trump's border security demands by agreeing to set up a Central American illegal alien "containment" belt 2,200 miles south of San Diego. Mexico's socialist president, Andrés Manuel López-O...

  • March 28, 2019

    Trump FTC begins privacy and anti-trust investigations against tech giants

    The FTC is using its consumer protection and anti-trust regulatory powers to begin a series of investigations against tech giants for selling users' personal data to third parties. Donald Trump's transition team made clear that b...

  • March 27, 2019

    El Niño forcing Oroville Dam spillway opening next week

    The California Department of Water Resources is being forced by looming El Niño rainstorms to open the uncompleted Oroville Dam main spillway next week. The Department of Water Resources issued public reassurances on Feb...

  • March 26, 2019

    Trump trade war victories follow Mueller 'nothingburger'

    President Trump is notching a series of trade war victories following Special Counsel Robert Mueller’s “nothingburger” vindication of our “Make America Great Again” change agent. With the two-year investigation by the...

  • March 22, 2019

    Inverted yield curve puts Federal Reserve interest rate policy in jail

    The Federal Reserve, facing an inverted yield curve crushing Main Street's small banks, panicked on March 20 and pledged no more interest rate increases this year. The U.S. central bank's Open Market Committee voted unanimously to maintain...

  • March 21, 2019

    America's highest paid union at existential risk from widened Panama Canal

    West Coast Longshore and Warehouse Union, whose members earn average wages and benefits of $285,000 by raising labor hell, is facing existential risk from the widened Panama Canal. The San Francisco Chronicle described the 42,0...

  • March 20, 2019

    MAGA: Dallas Federal Reserve reports 5% wage growth

    The Dallas Federal Reserve recently stated the "average individual wage growth" is currently 5 percent, about 2.1 percent higher than the commonly reported growth rate. Democrat economists and their media fellow travelers, such as N...

  • March 18, 2019

    Trump orders alien biometric IDs, dump 466,000 Obama green cards

    President Trump ordered biometric ID cards for all non-immigrant work visas and is moving to dump Obama's executive order expanding H-1B green cards by 466,000. Donald Trump's first initiative as president was issuing the "Buy America...

  • March 18, 2019

    Complete failure at Oroville Dam

    The $1.1 billion spent to repair Oroville Dam is failing as water is seeping through the rebuilt spillway threatens new mass evacuations over the risk of the dam collapsing. According to national dam expert Scott Cahill of Watershed Serv...

  • March 13, 2019

    Feds bust coaches and parents for $25 million in college admission bribes

    The Justice Department issued indictments across six states in a $25-million college admissions bribery and racketeering scandal that implicated nine top college coaches, three performance test administrators, and at least 33 wealthy parent...

  • March 12, 2019

    Taxifornia barely made budget in February, as personal income tax falls short

    California barely made budget in February after two months of big deficits, but personal income tax collections fell short by another $137 million. When Gov. Gavin Newsom was inaugurated in the morning of January 9, he proposed a record $144....

  • March 11, 2019

    $50 per barrel continues US oil boom, bankrupts Saudi Arabia

    The U.S. oil boom at a $50 a barrel price continues to profitably accelerate, while Saudi Arabia oil production with an $80-85 a barrel break-even cost continues to shrivel. Reuters reported a 2018 average wellhead break-even price of $40.95 for A...

  • March 10, 2019

    RAND Corp wargames: U.S. loses to combined Russia/China forces

    The RAND Corporation’s annual ‘Red on Blue’ wargame simulation found that the United States would be a loser in a conventional confrontation with Russia and China. The RAND Corporation think tank in Santa Monica, California has h...

  • March 8, 2019

    Harris Poll: Silicon Valley tech company reputations plunge

    The reputational rankings for Silicon Valley top tech corporations are plunging due to lack of ethics, according to the latest Axios Harris Poll 100. The Harris Poll has been tracking U.S. public opinion, motivations, and social sentiment sin...

  • March 7, 2019

    California judge boots all anti-sanctuary grant enforcement rules

    A California judge booted all immigration-related enforcement rules against sanctuary cities attached to federal law enforcement grants as arbitrary and unconstitutional. U.S. District Court of San Francisco judge William H. Orrick grant...

  • March 4, 2019

    Tesla’s long strange taxpayer-subsidized trip could end in bankruptcy

    Tesla is abandoning its dealerships and slashing prices to survive after its monthly sales tanked by 77 percent since the December 31 cut in federal all-electric car subsidies. A review of public records show that Tesla’s $1 million investme...

  • March 3, 2019

    Congress hears of spyware bribes to teens

    Facebook admitted to Congress that four times as many teenagers were paid bribes for unlimited surveillance access than it acknowledged four weeks earlier. TechCrunch reported on January 29th that Facebook was paying teens $20 monthly gift ca...

  • March 1, 2019

    California snow pack at record level

    The California Department of Water Resources' third snow survey for 2019 revealed that snow depths and water content equaled the state's all-time record level for February as new storms roll in. DWR since 1929 has teamed with fed...

  • February 28, 2019

    Nuclear-armed arch-rivals India and Pakistan escalate toward war

    Nuclear-armed arch-rivals India and Pakistan continue to escalate toward war along their disputed Kashmir border as both nations report shooting down enemy aircraft.  The BBC reported on February 28 that Pakistan shot down one Indian Mig...

  • February 27, 2019

    PwC: Artificial intelligence will contribute $16 trillion to GDP by 2030

    PwC Consulting forecasts that artificial intelligence's contribution to world gross domestic product will jump from $2 trillion in 2018 to $15.7 trillion by 2030. The first artificial intelligence (A.I.) patents were issued in the 19...

  • February 25, 2019

    California's Gov. Newsom inherits steaming load of scandal from Jerry Brown

    California's Gov. Gavin Newsom has inherited a steaming load of financial scandals from Jerry Brown regarding high-speed rail and the Oroville Dam. Gavin Newsom is the first Democrat California governor to follow a sitting Democrat governor in...

  • February 22, 2019

    EU: Silicon Valley must pay big bucks to distribute copyrighted content

    The European Union is set to approve a new "Copyright Directive" to force Google and Facebook to share revenue with copyright-protected providers or block postings. European Parliament, European Commission, and E.U. members claim that a...

  • February 20, 2019

    Techlash to accelerate as globalism fades

    "Techlash" against omnipotent Silicon Valley corporate giants is accelerating as President Trump demonstrates that globalism is no longer a prime economic driver. FAANG tech giants that include Facebook, Amazon, Apple, Netflix, and Alpha...

  • February 15, 2019

    Insolvent California wants to nationalize bankrupt PG&E

    Gov. Gavin Newsom announced that the insolvent State of California is putting together a "Strike Team" that could move to nationalize the assets of the bankrupt PG&E utility. Newsom told lawmakers in his State of the S...

  • February 13, 2019

    California kills 73% of bullet train, keeps 100% of taxes

    Gov. Gavin Newsom told the California Legislature the bullet train was so over budget that he would kill 73 percent of the track and still spend 100 percent of the taxes.  Facing another cost spike, Gov. Gavin Newsom stunned a joint session o...

  • February 12, 2019

    Bezos's recklessness risks Amazon loss of $100-billion DoD cloud business

    CEO Jeff Bezos's blackmail vulnerability from reckless "sexting" with a Hollywood agent's wife risks Amazon's loss of a $100-billion Department of Defense cloud service contract. Hours after Bezos and wife of 25 years Mackenz...

  • February 12, 2019

    California's Gov. Newsom misses budget by $2 billion in January

    California's Gov. Gavin Newsom missed the budget in his first month in office by $1.81 billion on a $2.53-billion crash in personal income tax collections. Despite the State of California tax collection in December missing budget by $4.82...

  • February 10, 2019

    Democrat 2018 Midterm Spending Crushed GOP by $526 Million

    The Center for Responsive Politics that tracks political spending revealed that Democrats outspent Republicans by $526 million in the 2018 midterms. The final U.S. Federal Election Commission campaign disclosure reports revealed that $5.725 b...

  • February 8, 2019

    Moody's warns Illinois raising taxes causes rich to leave

    Moody's Investor Services warned Illinois's Democratic governor that his plan to more than double income taxes on the rich could create a bigger state deficit if they leave. Democrat J.B. Pritzker successfully ran for governor of Illinois ...

  • February 7, 2019

    Trump's 2019 slowdown, followed by 2020 election boom

    President Trump's strategy is on track to sustain a 2019 financial slowdown in the interest of delivering a huge election-year economic boom in 2020. President Trump's opponents are still failing to understand "Art of the Deal" t...

  • February 6, 2019

    NASA extreme low sunspot counts indicate global cooling onset

    NASA space weather observations, extremely low sunspot counts, and a severe Polar Vortex are consistent with cyclical global cooling onset. The complex flows of ions and electrons inside the Sun produce sunspots that average about ten times the si...

  • February 5, 2019

    Venezuela's path from 4th to 82nd wealthiest nation

    Despite having the world's largest oil deposits at about 1.3 trillion barrels, Venezuela has taken socialism's path downward from the 4th to the 82nd wealthiest nation on Earth. Venezuela in 1950 had the fourth largest domestic G...

  • February 2, 2019

    China Caves to President Trump in U.S. Trade War

    China caved to President Trump’s Trade War demands as state-media published plans that foreign investors will no longer be subject to compulsory technology transfers. As China’s Vice Premier Liu He was holding a televised meeting with ...

  • January 31, 2019

    California revenue crash as pot taxes miss budget by $1 billion

    California's treasurer is lobbying the state Legislature to slash recreational pot taxes by 30 percent after legalizing sales are falling $1 billion short of budgeted tax revenue. California tax collection is being hammered, with the stat...

  • January 30, 2019

    MAGA: EIA forecasts US as energy-exporter for next three decades

    The U.S. Energy Information Agency's long-term forecast predicts that the United States will be a net energy-exporter every year for the next three decades. Titled "Annual Energy Outlook 2019," EIA credits technological advances in d...

  • January 30, 2019

    PG&E files for 'Chapter 22' bankruptcy

    Pacific Gas & Electric filed for "Chapter 22" as California's largest utility was again forced into Chapter 11 bankruptcy due to the state's social justice regulatory structure. Facing $300 million a month in unreimbursed pow...

  • January 18, 2019

    Puerto Rico bankruptcy decision a Death Star for Wall Street

    A U.S. Bankruptcy Court decision wiping out half of Puerto Rico's general obligation bonds represents a potential Death Star precedent against Wall Street buying municipal bonds from states without a balanced budget. The reason that high-tax r...

  • January 16, 2019

    California: Record spending as tax revenue collapses by $5 billion

    As California governor Gavin Newsom announced plans for a record $144.2-billion spending plan, the state controller quietly reported a $4.82-billion collapse of state tax revenues. Gov. Newsom's Proposed 2019-2020 Budget, releas...

  • January 16, 2019

    California set to seize 1,100 miles of coastline

    The California Coastal Commission is set to empower local government to take thousands of properties through eminent domain along 1,100 miles of coastline to prepare for sea level rise. Despite California being battered by 4-8 inches of ...

  • January 14, 2019

    Trump Middle East strategy: $23 billion in US arms sales

    The Trump administration has been preparing for its Syria withdrawal by conducting $22.7 billion in U.S. arms sales with 14 Middle East nations in 2018. After reports from the U.K.-based Syrian Observatory for Human Rights that some Amer...

  • January 11, 2019

    Trump disaster relief cut-off may cost California $10 billion

    President Trump's threat to halt California supplemental disaster funding for wildfire and floods unless "they get their act together" could cost the state $10 billion. Floods from a cyclical wet weather year could be more financiall...

  • January 8, 2019

    Unions celebrate California election victory with LA school strike

    The first crisis for California's new Democrat governor and veto-proof legislature will be an L.A. teachers' strike affecting 640,000 students in the wildly insolvent Los Angeles Unified School District.  Teacher union contributions t...

  • January 6, 2019

    California's El Niño storms: worse than wildfires?

    California is being slammed by an El Niño storm train packing heavy rains and mountain snow that could generate massive flooding that could be more dangerous than wildfires.  Like rail freight cars slowly moving down a track at increas...

  • January 5, 2019

    Trump's Space Force: We Win, They Lose

    President Trump’s establishment of  the ‘Space Force’ as a branch of the U.S. military recognizes that America is on the verge of “We win, and they lose” strategic dominance. In the 36 years since President Ronal...

  • January 4, 2019

    MAGA: First Real US Household Income Gain Since 2000

    President Trump’s ‘Make America Great Again’ economic policies that favor Main Street over Wall Street just delivered a record for U.S. median household income and the first full year of higher real incomes since 2000. The median...

  • December 31, 2018

    China and the Paris Accord

    Despite being lauded by President Obama for signing the Paris U.N. climate change accord, China is still rapidly expanding greenhouse gas emissions. President Obama and China's President Xi Jinping issued a "U.S.-China Joint Presidential ...

  • December 31, 2018

    California: Land of 1,000 new laws

    California's Jerry Brown's crowning achievement for his 16th and final year as state governor was signing a new record of over 1,000 laws. Despite Democrats losing supermajorities and freshman senator Josh Newman being recalled for su...

  • December 28, 2018

    Dems spent $385 million more than GOP in midterms

    The nonpartisan OpenSecrets website that tracks political spending revealed that Wall Street Democrats crushed Main Street Republicans in 2018 midterm fundraising by $385.4 million. Final campaign filing reports demonstrate that 1,435,47...

  • December 28, 2018

    California faces a pension showdown

    Governor Jerry Brown as he leaves office is warning that California and its public agencies are on the road to "fiscal oblivion" if pension benefits can't be adjusted down. The media have been celebrating Governor Brown...

  • December 24, 2018

    California spends $100 million to maximize Census cash jackpot

    California is spending over $100 million preparing for the 2020 Census to maintain its top spot to maximize the federal population spending jackpot. The key for California to keep growing its top spot in state and local government spending that hi...

  • December 23, 2018

    Flu Season Tracking Just Below Epidemic Level

    The number of cases, hospitalizations, and deaths for this year’s flu season are accelerating but remain just below the official level to be declared an epidemic. The Centers for Disease Control and Prevention’s Influenza Surveillance ...

  • December 22, 2018

    Trump warned that a Democrat win would crash the market

    President Trump has been proven right after warning America's rich that voting for Democrats in the 2018 midterms would crash U.S. stock markets. The president took to Twitter on October 31 to warn: "The Stock Market is up massively ...

  • December 20, 2018

    A Warning from Xi Jinping

    President Xi Jinping opened the 40th Anniversary of China’s reform by warning of “unimaginable” perils that only his leadership of the Communist Party can control. When Communist Party General Secretary Deng Xiaoping announced on...

  • December 17, 2018

    Overpaid public-sector employees

    The U.S. Bureau of Labor Statistics reported that state and local government employee total compensation is now 47 percent higher than for private-sector employees. Total compensation for federal, state, and local government employees co...

  • December 17, 2018

    Amazon and tax incentives

    New accounting standards reveal that state and local economic development subsidies to attract new business facilities already cost public schools at least $1.8 billion a year before Amazon's record-breaking shakedown. Amazon's highly visi...

  • December 5, 2018

    Trump's 'Hire American'

    The proposed restructure of the infamous H-1B temporary foreign worker visa program that has been used by Silicon Valley to dump U.S. tech workers is another example of President Trump honoring his "Buy American and Hire American" executive...

  • December 4, 2018

    California sustainable poverty

    California has the highest poverty rate in the nation due to residents paying double for electricity and $1 more per gallon of gas to pay for progressive politicians' quest for 100 percent sustainable energy by 2045. If California was a nation...

  • December 1, 2018

    Globalism is dead

    Globalism can officially be declared dead after the Energy Information Administration reported that U.S. crude oil and natural gas reserves both just hit all-time-record highs. Globalism is a corporate outsource construct that was designed in the ...

  • November 30, 2018

    Republicans Lost the House Due to Millennials Moving to Suburbs

    Republicans lost control of the House of Representatives this year due to a big jump in liberal Millennials moving to the suburbs to buy houses, start families, and begin the transition into conservatives. The latest Ernst & Young LLP, Researc...

  • November 22, 2018

    California wildfires and environmental radicalism

    Interior secretary Ryan Zinke on Breitbart News Sunday blamed California's 7,421 wildfires that have burned 1,665,746 acres, destroyed 30,000 structures, and killed at least 82 individuals and six firefighters so far in 2018.  Zinke str...

  • November 21, 2018

    Real estate trouble: Reverse mortgages deplete FHA insurance reserves

    The Federal Housing Administration's 2018 audits revealed that losses from real estate reverse mortgages destroyed about a third of the taxpayer-guaranteed insurance reserves. The FHA Mutual Mortgage Insurance Fund on November 15 rep...

  • November 19, 2018

    China bank stress encourages U.S.-China trade war negotiations

    With spiking dramatically higher due to collateral stress in its banking sector, Chinese Vice Premier Liu just announced he will meet with U.S. Treasury Secretary Steven Mnuchin to prepare for a trade dispute resolution summit between President Trump...

  • May 30, 2015

    OPEC Accepts Defeat In Anti-Fracking War with U.S.

    OPEC’s attempt to overproduce crude oil for export to crush prices and bankrupt the American shale-fracking oil boom has failed, according to a draft OPEC long-term strategy draft report seen by Reuters ahead of the cartel's policy meeting ...

  • May 16, 2015

    Discrimination Against Asians in Silicon Valley?

    The San Jose Mercury just published an article titled ‘Asian-American Tech Workers Absent from Silicon Valley's Executive Suites’ that describes how the Ascend Foundation wants to add Asians to the classes of black, women, and Latino ...

  • May 12, 2015

    Lowest Interest Rate in 500 Years is about the New Morality of Debt

    David Rosenberg, former Chief Economist for Merrill Lynch, recently commented that the current global interest rates at below 2 percent haven’t been this low for 500 years. The globalization cycle over the last two decades pushed up total ...

  • May 11, 2015

    British Conservatives win

    Unappreciated by most Americans so far, the Conservative Party’s running the table in the latest U.K. general election was an underlying wave of public support for Prime Minister David Cameron and his party’s pledge to go ...

  • May 6, 2015

    Hello Al Gore: Low Sun Spot Cycle Could Mean another 'Little Ice Age'

    The sun is known to be the main driver of all weather and climate. With 99.86% of the mass in our solar system, the great ball of violent fire in the sky has recently gone quiet in what is likely to be the weakest sunspot cycle in more than a century...

  • May 1, 2015

    Why has the U.S. GDP Stalled?

    U.S. economic growth stalled-out in the first quarter of 2015 as the U.S. energy boom caused a short-term collapse in U.S. capital spending, large layoffs in the oil industry, and a 15% jump in the exchange rate of the U.S. dollar. A pattern of slowi...

  • April 17, 2015

    Are Student Loans the new Sub-Prime Bubble?

    On April 15 Tax Day, Americans paid about the same amount of income tax as total student loans outstanding. The St. Louis Federal Reserve on the same day published a report titled ‘Student Loan Delinquency: A Big Problem Getting Worse?...

  • March 16, 2015

    Fracking saved U.S. economy

    The fracking revolution has been a major boon for the U.S. economy, and the switch from coal to natural gas has dramatically reduced greenhouse gas emissions.  Hydraulic fracking over the last decade has allowed American crude production to soar...

  • March 5, 2015

    Oakland's $12.25 Minimum Wage Maximizes Children in Poverty

    In the exposé ‘Poor Kids of Silicon Valley,’ a CNN reporter seems shocked to uncover a high level of child poverty in the affluent Bay Area. CNN concludes that after consulting with “economists and experts,” they l...

  • February 17, 2015

    China May Join Trade War Against U.S. as Growth Plummets to 1.7%

    Diana Choyleva of Lombard Street Research, who produces an “unmassaged” calculation of China’s growth, just reported that China’s fourth quarter GDP growth plummeted to 1.7%, versus the official 7.4% rate. According Choyleva, ...

  • December 15, 2014

    Rising Dollar is Making the World Holler

    The U.S. Federal Reserve drastically cut interest rates for over a decade to weaken the U.S. dollar exchange rate in order to make American exports more competitive and foreign imports more expensive.  Cheap money and a depreciating currency inc...

  • December 3, 2014

    Modern Trench Warfare on the Russian Front is about Economics

    Soviet dictator Joseph Stalin blamed his nation’s military collapse in World War I on Germany’s ability to use trench warfare to starve Russia into submission. On the 100-year anniversary of the Great War, Russia is again involv...

  • November 30, 2014

    Deflation is Good for Shoppers, But Death for Nations

    U.S. shopping is expected to be up big during the Black Friday weekend, since the deflated cost of gasoline under $3 a gallon is saving consumers $250 million per day. But falling prices that are good for American consumers is seen as downr...

  • November 22, 2014

    Wages and Energy Are the Only Non-Inflating Costs

    The Consumer Price Index for October 2014 came in at an inflation rate of zero versus an average rate of 1.7% over the last year, according to the U.S. Bureau of Labor Statistics.  The decline was entirely due to a 5% drop in energy costs. ...

  • November 20, 2014

    The 100th Anniversary of Britain's Worst Defeat

    The rapid rise of the Islamic State of Iraq and al-Shﾄ［ (ISIS) is rooted to the 100-year anniversary of the British invasion of Iraq and Syria in November 1914. After easily capturing the oil port of Basra, arrogant British mission creep (sound famil...

  • November 1, 2014

    Obama Politically Triangulates in Favor of Nuclear Power

    After a two-year suspension in issuing nuclear power-plant licenses, the U.S. Nuclear Regulatory Commission (NRC) on October 20th quietly granted long-term licensing renewals for Limerick Generating Station Units 1 through 2044 and Unit 2 through 204...

  • October 14, 2014

    Is Ebola the Same Virus as the Black Death?

    Most people assume that the fourteenth-century Black Death that quickly ravaged the western world was a bacterial bubonic plague epidemic caused by flea bites and spread by rats. But the Black Death killed a high proportion of Scandinavians where it ...

  • September 16, 2014

    Independent Scotland Would Generate $17,217 per Family in Energy Taxes

    Of the UK’s North Sea energy deposits, 96% of oil and 47% of gas production are in Scottish waters, according to geographic studies by the University of Aberdeen. Since oil production came on line in the 1970s, the UK has pumped two-thirds of t...

  • September 6, 2014

    Tesla's Nevada Bait and Switch

    After all the hokey-pokey about how committed Tesla is to California, the company chose Sparks, Nevada to manufacture batteries at its new 26-acre “Gigafactory” where it is already laying a foundation, according to a  CNBC report cit...

  • September 4, 2014

    EU is Being Swept into Ronald Reagan's Dustbin of History

    Markit Economics warned that its European Union Manufacturing Index dropped from 53.9 in July to 52.8 in August, with the index for Italy dropping below the level of “50”, which means that manufacturing actually contracted. Although ...

  • August 16, 2014

    China Faces Credit Crunch as Lending Falls 86%

    China's National Bureau of Statistics revealed data on August 13th that the nation’s credit plunged by a dramatic and wildly unexpected 86% plunge in July, down to the slowest pace since the 2008 bankruptcy of Lehman Brothers and the start ...

  • August 14, 2014

    China Appears Ready to Dump its U.S. Treasury Bonds

    Although investors hang on every comment by Federal Reserve Chairwoman Janet Yellen to get insight on the direction of interest rates and what it means for the economy and asset prices, the real power to determine U.S. interest rates may be in the ha...

  • August 8, 2014

    Millennials' Jobs Getting Outsourced to Their Grandparents

    The Los Angeles Times ran a story titled “Freelance Workers a Growing Segment of California Economy” lamenting that millennials working part-time costs California $17 billion a year in tax revenue. Apart from the Times' bizarre commen...

  • July 29, 2014

    Russians Can Defeat Obama's Sanctions Thru Sacrifice

    The Obama administration has led the European Union to jointly apply economic sanctions to starve Russia of the $59 billion in investment capital the nation needs to keep its oil and natural gas revenues high enough to fund over 50% of the Russian fe...

  • July 15, 2014

    Hamas Rocket Technology Moving Up

    Palestinian rockets have regularly inflicted psychological terror and disrupted commerce in Israel, rather than militarily causing physical injury to many Israelis. The launching of a Syrian made Khaibar-1 rocket on July 8th that nearly reached Haifa...

  • June 22, 2014

    Don't Cry For Argentina's Marxists

    Argentina’s 42-year-old Minister of the Economy and former economics professor at the University of Buenos Aires, Axel Kicillof, is best known for his research papers that “reinterpreted Keynes from a Marxist perspective.” Having el...

  • June 11, 2014

    The Real ObamaCare Numbers

    U.S. Centers for Medicare and Medicaid Services disclosed that 6 million of the 8 million people who signed-up for the Patient Protection and Affordable Care Act (Obamacare) will be receiving healthcare from Medicaid that is so affordable it is free....

  • June 3, 2014

    Obama Grows Economy from the Bottom Out

    President Obama bemoaned the rise of inequality in his January "State of the Union" address, French economist Thomas Piketty’s book on inequality is on the number one on Amazon.com and Hillary Clinton’s talks about the “Ca...

  • June 3, 2014

    California Hit with $31.6 Billion Audit Misstatement

    The California Bureau of State Audits set off a scandal on June 1st by disclosing that the State Controller’s Office made accounting misstatements amounting to $31.65 billion.  The timing of the announcement may be devastating to the Democ...

  • May 27, 2014

    Millennials Can't Afford Memorial Weekend Trips

    Memorial weekend has usually been a time for families to take a big car trip and 31.8 million Americans will do exactly that this Memorial Day weekend, according to AAA. But the total number of miles driven per person peaked in June of 2005 at t...

  • May 27, 2014

    French Sweep Piketty into Dustbin of History

    French Socialist economist Thomas Piketty made a big splash in the U.S. recently with his book Capital in the Twenty-First Century. The 600-page tome argues that since the owners of capital end up with capital, it must be globally taxed away to preve...

  • May 21, 2014

    China and Russia Agree to Contain the United States

    In what appears to be an effort to undermine the United States sanctions against Russia, China indicated to its state-owned Xinhua news agency that the government will agree during Russian President Putin’s May 20-21st visit to Shanghai to inve...

  • May 14, 2014

    Tim Geithner Gives the World a Stress Test

    The most unique element of Timothy Geithner’s new 580-page book Stress Test is that he seems to have actually written it.  As former President of the New York Federal Reserve Bank from 2003 to 2009 and then U.S. Treasury Secretary during F...

  • May 10, 2014

    Ukraine Cancels Victory over the Nazis Day

    The Ukrainian government has canceled the huge annual Victory Day military parade in Kiev that commemorates the capitulation of Nazi Germany on May 9th. The government will only offer a prayer service for the victims of World War II and wreath-laying...

  • May 9, 2014

    Ukrainian Crisis is about Taxes

    The bloody crisis between the pro-Western two thirds of Ukraine and pro-Russian third of the country is about taxes. The recent $17 billion International Monetary Fund (IMF) loan required Ukraine on May 1st to raise taxes and increase natural gas pri...

  • May 6, 2014

    Obama Doubled Down on Nation-Building

    President-elect Barack Obama on November 4, 2008 said “Change has come to America.” That change is most evident today in voters’ opinion of the benefits of United States world involvement. The newest Wall Street Journal/NBC sur...

  • May 6, 2014

    Sandinista-Chinese Canal to Compete with Panama Canal

    The “Interoceanic Grand Canal” (IGC) is about to be dug across Nicaragua to compete with the Panama Canal by as early as 2019. The Sandinista government of Nicaragua's President Daniel Ortega granted a 100 year concession to the...

  • May 1, 2014

    Bogus World Bank Report Says China Economy Larger Than U.S.

    According to a World Bank report released Wednesday, the United States is on the cusp of losing its economic global supremacy for the first time since it took the crown from the United Kingdom in 1872. But after their last report in 2005 found t...

  • April 30, 2014

    Gallup Doesn't See Republicans Hurt by Social Media in 2014

    Most Americans expect Democrats to dominate the political use of social media and the Internet in the 2014 and 2016 national elections.  But the Gallup Polling organization just published a report titled “Mobile Technology in Politics More...

  • April 26, 2014

    Obama Heats Up Asia Trade War

    The real purpose of President Obama’s four-nation trip to Asia was to fortify an economic and military alliance to counterbalance China's growing influence in the region. In the preceding weeks, China has shown its displeasure by backing Ru...

  • April 24, 2014

    Alaska Energy Boom Starts Cranking Up

    In a flurry of Alaskan oil deals, London-based BP announced sale of interests to American-based Hilcorp in four North Slope oil fields and the use of the proceeds for a big growth of investments on the North Slope. The major reason for Amer...

  • April 23, 2014

    Fed Chair Yellen Demands Japan End QE

    FedChair Janet Yellen after declaring the U.S. Federal Reserve is abandoning Quantitative Easing, code words for money printing, is now demanding the Bank of Japan (BOJ) also curtail their Quantitative Easing. She understands the BOJ is using mo...

  • April 20, 2014

    Senate Republicans Try To Lose In November

    In the latest example of how Republican senators are trying to snatch defeat from the jaws of victory for their party in the November midterm elections, Sen. Bob Corker (R-Tenn.) just demanded on CNN's "The Lead" with Jake Tapper: ...

  • April 19, 2014

    Obama is the Deer in Putin's Headlights

    The crisis in the Ukraine was always a confrontation between Russian President Vladimir Putin and U.S. President Barack Obama. In the opening round, Russia won a huge psychological victory by humiliating America’s NATO alliance as a military pa...

  • April 17, 2014

    Fed Chair Yellen to Follow Reagan's 'Taylor Rule'

    U.S. Federal Reserve Chair Janet Yellen gave her first speech on monetary policy since she took office from retiring Chairman Ben Bernanke. Yellen made it clear she is was focused on moving Federal Reserve (Fed) policy back to the “Taylor ...

  • April 11, 2014

    Judge Hammers San Diego County Zoning Against Church

    Pacific Justice Institute (PJI) announced that on April 9th their client, the Gutay Christian Fellowship Church, finally won its six-year litigation battle with the County of San Diego.  The ruling forced reversal of the County’s action in...

  • April 9, 2014

    EU Court Dumps U.S. Surveillance Cooperation

    In what can only be described as a national security and tech industry disaster for the United States, the Court of the European Union in Luxembourg struck down the “2006 Directive” that allowed the EU and the United States to share in in...

  • April 8, 2014

    23 Veterans Commit Suicide Every Day

    Under the Obama Administration, at least 23 veterans commit suicide every day.  Active-duty suicides in the military jumped by 30% since 2008, with one soldier, sailor or marine expected to commit suicide in the next 25 hours.  Ex-military ...

  • April 8, 2014

    California Assembly Demands Unionized Janitors

    Just two days after April Fools Day, the California State Assembly passed House Resolution 29 to denounce outsourcing of government services to private contractors and pledging oppose all future “outsourcing of public services and assets....

  • April 7, 2014

    Brazil Military Storms Ghetto near World Cup

    About 2,750 Brazilian soldiers and military police on April 5th invaded a 4 square miles complex of Rio de Janeiro slums with armored personnel, according to the Rio Times newspaper.  More than 1,000 police officers and marines had been trying a...

  • April 7, 2014

    Californians Pay $.72 More for Gasoline than Texans

    Despite having America’s highest proven reserves at over 15 billion barrels of oil, Californians now pay $.72 per gallon more per gallon of gasoline than Texans, who are number two in  reserves. Consequently, each driver in California pays...

  • April 6, 2014

    The VA and Wrongful Deaths

    With the Veterans Administration (VA) about to face hearings on Capitol Hill regarding preventable deaths in their system, the Center for Investigative Reporting (CIR) released a report exposing the VA ha secretly paid $200 million to settle nearly 1...

  • April 3, 2014

    Insurance Stocks Party like It's ObamaCare

    The stock price of UnitedHealth Group Inc., America’s largest health care company, is up +263% since ObamaCare was signed into law just over four years ago on March 23, 2010.  Over the ten years period prior to ObamaCare, UnitedHealth stoc...

  • April 3, 2014

    Oil Trains Start Rumbling Into California

    Phillips 66, formerly a division of energy giant ConocoPhillips, recently filed a project proposal to bring mile-long crude oil trains from Canada and North Dakota to its refinery in California’s San Luis Obispo County.  If appro...

  • April 2, 2014

    French Socialism Melting Like the Wicked Witch

    French President and Socialist Party leader Francois Hollande announced the resignation of Prime Minister Jean-Marc Ayrault and his replacement by hard-line anti-immigration and anti-crime crusader Manuel Valls. The action demonstrates the rulin...

  • April 1, 2014

    America's Oil Boom is All about Texas

    The media has been focused on North Dakota as “A Modern-Day Gold Rush,” but the U.S. Energy Information Administration (EIA) just published a report that over half of America’s oil boom is all about Texas.  Over the last six ye...

  • April 1, 2014

    New Cold War with Russia Heating Up in Syria

    As President Obama was his teleprompter on March 20th to announce sanctions against Russia, Syrian rebel forces led by al Qaeda-linked Islamic Front and Jabhat al-Nusra launched a surprise offensive in northwestern Syria near the Turkish border.  The...

  • March 31, 2014

    Senate Democrats Want $65 Billion in Business Tax Breaks

    Ronald Reagan famously said: “We could say [Democrats] spend money like drunken sailors, but that would be unfair to drunken sailors. It would be unfair, because the sailors are spending their own money.”  With Democrats looking like...

  • March 31, 2014

    Europe Runs Out of Other People's Money

    Margaret Thatcher famously commented on the European welfare state spending, “The problem with socialism is that eventually you run out of other people's money.” European elites are panicking over a report in the Financial Times of Lo...

  • March 29, 2014

    Government Austerity Drives Private Sector Growth

    The Obama Administration screamed during the government shutdown last October that cutting federal spending would tank the economy and lead to higher unemployment.  But the Bureau of Economic Analysis has announced that despite a huge 4.6% ...

  • March 26, 2014

    Why the Unions Declined

    Democrats and union officials usually blame management obstruction, international competition, and growth of robots to explain the 80% decline in the percentage of Americans working in the private sector that are unionized. But Steve Early, longtime ...

  • March 25, 2014

    Gallup Poll Predicts Dem Midterm Wipeout

    According to the Washington Post, President Obama has been hammering at Democratic fundraisers for the past few months that his party always gets “clobbered in midterm elections.”  Although the midterm elections are usually regarded ...

  • March 21, 2014

    Fed Chair Yellen Politely Indicates Higher Rates Ahead

    Janet Yellen, in her first press conference as the new Federal Reserve Chair, said that the U.S. economy is expanding by close to 3%, despite harsh weather.  She added that hiring and wage growth is faster than expected, causing unemployment to ...

  • March 20, 2014

    Putin Wants Crimea's Oil and Gas Rights

    Russian President Vladimir Putin was all smiles as he signed the annexation treaty between Crimea and the Russian Federation on March 18th that will allow the Crimea to be absorbed by Russia.  In a speech to the Russian Duma, Putin congratulated...

  • March 18, 2014

    Exceptional Mexicans Support Second Amendment

    The powerful Knights Templar Drug Cartel over the last few years terrorized and murdered avocado growers in the Mexican State of Michoacán to extort cash and steal farms.  Although Article 10 of the Mexican Constitutional guaranteed the r...

  • March 14, 2014

    Food Price Inflation Scares The Fed

    Stock markets around the world fell today, led by the 246 point dive, or 1.5%, for the U.S. Dow Jones Industrial Average and the 1.9% drop for German stock market index.  Analysts generally pointed to worries about a shrinking Chinese lending an...

  • March 13, 2014

    Government Workers Cost 45% More Than Private Sector

    The United States Bureau of Labor Statistics (BLS) announced on March 12th that the total cost of employing a state or local government worker is 45% more than an equivalent worker in the private sector.  For the month of December 2013, employer...

  • March 12, 2014

    North Korea's Dear Leader Sails Into the Mediterranean

    A North Korean-flagged oil tanker appears to have loaded oil at Libyan rebel-held Es Sider oil terminal southwest of Benghazi and escaped Libyan Navy pursuit.  Libya's Parliament voted earlier in the day to remove Prime Minister Ali Zei...

  • March 11, 2014

    Obama To Cut Non-Union Military Pensions By 10%

    Barack Obama has been a staunch supporter of defined benefit pensions for government employees, but his administration is now working on a plan to convert at least part of military retiree pensions from defined benefit payments to 401(k)-style define...

  • March 10, 2014

    As China and India Back Russia, Ukraine Crisis Is Over

    Foreign Minister Andriy Deshchysta on March 8th said the Ukraine is ready to negotiate with Russia “at any level” over the Crimea issue, the move followed announcements by India and China that they were officially backing Russia’ ri...

  • March 9, 2014

    Did Al-Qaeda In China Blow Up Malaysian Airliner?

    The disappearance in the Gulf of Thailand of Malaysia Airlines Flight 370 to Beijing, China after 2 hours 5 minutes of normal flight has all the trademarks of a terrorist attack against China by Al Qaeda. China’s Ministry of Defense on November...

  • March 8, 2014

    Russians Know U.S. Sanction Threats Are A Joke

    As Russia President Vladimir Putin consolidates his military hold on the Crimean Peninsula, President Obama signed an executive order suspending certain Russian visas and allowing the Treasury Department to impose financial sanctions on individuals a...

  • March 6, 2014

    Obama Budget is Rainbows, Butterflies, and Unicorns

    The Obama Administration’s 2015 proposed “Budget of United States” promises that the economy will grow at the fastest rate in a decade, unemployment will fall to the average of the Reagan Administration and spending will rise at its...

  • March 5, 2014

    Bitcoin is Not Going Away

    New York Times editorial writer Joe Nocera had a field day on February 28th raging against “The Bitcoin Blasphemy; which he claims is libertarian “sacrilege” since it is “unconnected to any currency or any government.” I...

  • March 5, 2014

    Ukraine Crisis Means Drill Baby Drill

    Russia’s invasion of the Crimea is a tipping point event that will further spur the North American oil boom.  The European Union (EU) and United Statesin 2008 threatened toslap economic sanctions on Russia for invading Georgia.  But a...

  • March 4, 2014

    Russian Stock Market Crash Won't Mean Much to US

    The Russian stock market suffered an 11% loss overnight in reaction to a run on bank deposits fed by rumors that the European Union and the United States would apply Cold War-type sanctions to punish Russia’s invasion of the Crimea. The price c...

  • March 3, 2014

    Should U.S. Pay for Ukraine's Bankruptcy?

    President Obama and leaders of the European Union (EU) celebrated the triumph of Ukraine’s“people’s revolution” and then snarled as Russian President Putin’s military rolled in and annexed the Crimea in southern Ukraine....

  • February 28, 2014

    Did Derivatives Cause PIMCO's $2 Trillion Divorce?

    The Wall Street Journal on February 25th published a story about December’s messy corporate divorce between Bill Gross and Mohamed El-Erianas, co-Chief Investment Officers at Pacific Investment Management Company (PIMCO), the world’s...

  • February 27, 2014

    Fed to Cut Off Europe to Support U.S. Borrowing

    Janet Yellen, newly confirmed Federal Reserve (Fed), announced on February 19th that America’s central bank is moving to cut off the massive financial lifeline that has been subsidizing the European banking system since the beginning of the glo...

  • February 24, 2014

    China's Economic Bubble Is Bursting

    The highly credible HSBC/Markit Purchasing Managers' Index (PMI) of economic demand in China reported that demand in China's factories fell for a second month in a row and hit a seven-month low. Markit Research also reported that production turned ne...

  • February 24, 2014

    U.S. Banks Investigated For Pay-To-Play In China

    A joint investigation by the U.S. Department of Justice, Hong Kong Department of Justice and the UK Ministry of Justice into accusations that American investment banks hired the children of powerful Asian officials to secure lucrative securities busi...

  • February 19, 2014

    All-Alaska Gas Pipeline Will Spike America's Energy Boom

    America's energy boom is about to take another huge leap forward as the State of Alaska is on the verge of approving the $50 billion All-Alaskan Gas Pipeline (AAGP). The massive project will transport "stranded" North Slope natural gas south down the...

  • February 11, 2014

    Russia's Olympics and Obama's Liberation Theology

    Americans should not be surprised by U.S. Assistant Secretary of State Victoria Nuland would say "F**k the EU" in a private cellphone call with U.S. Ambassador to Ukraine Geoffrey Pyatt that was hacked by the Russians and posted on YouTube. But they ...

  • February 5, 2014

    Germany Announces Military Rearmament

    German Foreign Minister Frank-Walter Steinmeier announced on January 30th: "As correct as the policy of military restraint is, it must not be misunderstood as a culture of standing aside." In a full-page interview under the headline "Germany and the ...

  • January 30, 2014

    President Wuss and the State of the Union

    During the morning before the 2014 State of the Union Address, White House Counsel John Podesta fired up the Democrat faithful with visions of a passionate President Obama about to declare rule-by-executive-orders to vanquish his obstructionist Repub...

  • January 24, 2014

    Impending Democrat Election Disaster

    The Quinnipiac University National Poll released on January 22nd reveals that American voters rate President Barack Obama's leadership on the economy, jobs, and healthcare as very poor; his only positive marks come from fighting terrorism. Barack Oba...

  • January 22, 2014

    France Adopts Reaganomics (Again)

    At an April 2012 campaign rally after a torrential rainstorm, Francois Hollande, on the eve of being the first Socialist Party member elected President of France in 24 years, boldly proclaimed: "We have chased away the clouds, the sky is all 'rose." ...

  • January 20, 2014

    China's Xi Jinping Wields the Communist Hammer

    In a desperate attempt to slow the rise of the Chinese currency, known as the yuan, the Treasury Department website reported on January 15th that Chinese holdings of U.S. Treasuries securities increased $12.2 billion for the month of November to an a...

  • January 14, 2014

    Obama's Internal Devaluation Causes Income Inequality

    The Obama Administration's $5.8 trillion of big government deficit spending has caused the United States to suffer an "internal devaluation," as American worker wages after inflation were forced down in each of the last five years. American competiti...

  • January 4, 2014

    Obama Railway Negligence goes Critical

    My article "Failing to Build Keystone Pipeline is Criminal Negligence" appeared in the American Thinker on October 22nd in an effort to bring public pressure on the U.S. National Transportation Safety Board and the Obama Administration to "formally d...

  • December 31, 2013

    Terrorism and the Russian Olympics

    Islamist terrorists on December 29th turned the Russian city of Volgograd, just 430 miles from venues of the Sochi Winter Olympics scheduled to open on February 7th, into a slaughterhouse in their efforts to humiliate Russia during the buildup to the...

  • December 28, 2013

    Bitcoin is Gold 2.0

    Bitcoin is the name of a group of peer-to-peer payment networks that serve as an open-source form of digital currency that was originally introduced in 2009 by a software developer with the alias of 'Satoshi Nakamoto." Bitcoin currency is created as ...

  • December 20, 2013

    Fed Exiting the Stimulus Business

    The mainstream media were surprised this week when the Federal Reserve said it will begin tapering back by $10 billion per month its bond buying stimulus, citing "recent momentum in the economy and job market. As we reported here at American Thinker ...

  • December 19, 2013

    Europe Cracks Down on Illegal Aliens

    For the last twenty years, European Union members regularly snarled at the United States' policies against illegal aliens as a selfish violation of human rights. But with thousands of screaming demonstrators protesting against depressed wages and car...

  • December 18, 2013

    China Moon Landing A Military Threat

    China's December 15th soft-landing of an unmanned spacecraft on the moon was celebrated by the Xinhua news agency as, "The dream for lunar exploration once again lights up the China Dream." China's neighbors saw the action as a nightmare demonstratio...

  • December 14, 2013

    California Voters Agree State is Expensive and Lacks Jobs

    The Field Poll on December 12th reported the number of Californian voters who believe the state is "one of the best places to live" has been cut in half since 1985, dropping from almost 80% to just over 40% today. According to the poll: "Despite this...

  • December 9, 2013

    Only the Private Sector Stimulates Job Growth

    The mainstream media were shocked today when U.S. job growth continued at a very strong pace in November, despite the October government shutdown that ended on October 17th. Employers added 203,000 jobs and the reported unemployment rate fell from 7....

  • December 4, 2013

    Nobel Prize Winner Warns of Stock Market Risk

    With the Dow Jones stock index up 115% from March 2009 to an all-time high and the number of bearish investors at the lowest point in 25 years, it should not be surprising that this years' Nobel Prize winning economist, Robert Shiller, would warn ove...

  • December 4, 2013

    Field Poll Shows Californians Abandoning Obama

    California voters are becoming critical of the job Barack Obama is doing as president. According to the latest Field Poll reveals that 51% of California voters approve of the president's overall performance, but 43% now disapprove. This represents an...

  • December 3, 2013

    Energy Drives Asian Military Confrontation

    China's Ministry of Defense on November 30th at 10 AM local time began enforcing an expanded Air Defense Identification Zone, which now covers a huge off-shore expanse that includes the disputed oil-rich Diaoyu/ Senkaku Islands in the East China Sea....

  • November 24, 2013

    The Truth Behind China Ending One-Child Policy

    China just announced that after 34 years of restricting population growth through its one-child policy, the nation will now allow families to have two children if one of the parents is an only child. The policy "initially produced a population pyrami...

  • November 23, 2013

    Harry Reid Goes Nuclear On Minority Rights

    Majority Leader Harry Reid and President Barack Obama rallied 52 Democrats and independents to vote to weaken 224 years of protection of minority rights in the Senate by eliminating the filibuster. Now only 51 votes, rather than 60, are required for ...

  • November 18, 2013

    The First ObamaCare Casualty

    Away from the cameras and the media scrum, the first political casualty of the president's disastrous launch of ObamaCare is a bipartisan Congressional revolt against crony capitalists' effort to pass the clandestine Trans-Pacific Partnership (TPP) t...

  • November 16, 2013

    Super Typhoon Haiyan Aftermath

    Super Typhoon Haiyan is estimated to have been strongest storm ever to ever make landfall. The Philippines, as a nation of 7000 islands, experiences an average of nine cyclones coming ashore each year. But even with experience and relative preparedne...

  • November 14, 2013

    Emerging Markets in Another Death-Spiral

    With the U.S. stock market flat from 2000 to 2007, emerging markets were all the rage for investors, led by the China stock exchange's 330% rise. But when the Great Recession hit, U.S. stocks fell 50% versus the highly speculative emerging-markets cr...

  • November 7, 2013

    Farewell, 'Death to America!'

    The infamous Islamic Revolutionary Guard Corps commemorated the thirty-fourth anniversary of the beginning of the Iran Hostage Crisis on November 4th with the biggest "Death to America" parades and flag burning photo-ops in the last decade. These fes...

  • November 7, 2013

    Pay 41% More and Get Less from Obamacare

    The Manhattan Institute just published an analysis of the ObamaCare individual policy insurance rates demonstrating the average cost will rise by 41% next year. The results are very similar to the 2009 PricewaterhouseCoopers analysis that predicted i...

  • November 3, 2013

    Why the French Want to Dump the Euro

    Former French Prime Minister Francois Fillon recently said that voting for the far-right National Front could be "acceptable." This is a code-word for Marine Le Pen's right-wing National Front that opposes immigration and euro common currency are the...

  • November 1, 2013

    Obamacare Tech Surge led by Top Obama Donor

    In Congressional hearings on the day before Halloween, Health and Human Services Secretary Kathleen Sebelius promised a "Tech Surge" will rescue Obamacare's HealthCare.gov software by the end of November. But a review of campaign and fund raising act...

  • October 30, 2013

    Barack Obama Should Listen To His Wife

    U.S. Ambassador James Costos was commanded to appear at the Spanish Foreign Ministry in Madrid on October 28th, as a public expression of Spain's outrage over the latest document releases from the former National Security Agency contractor and curren...

  • October 28, 2013

    Bubblicious Fed Hurts Job Growth

    Secretary of Labor Thomas E. Perez's October 24th announcement that jobless claims only decreased by 12,000 to 350,000 for the week ending Oct. 19 was immediately seen by liberal economists, who had predicted a further drop to 340,000, as justificati...

  • October 26, 2013

    China's Banking Crisis Begins

    Confirming the thesis expressed in American Thinker on October 21st regarding the growing uncompetitiveness of China manufacturing, two days later Bloomberg.com reported "China's biggest banks tripled the amount of bad loans written off in the first ...

  • October 26, 2013

    Rand Paul's Goal in Holding up Janet Yellen's Appointment

    Senator Rand Paul woke up the Washington political scene on October 25th by leaking that he intends to place a "Senatorial hold" on the upcoming presidential nomination of Janet Yellen to be the next Chairperson of the U.S. Federal Reserve; unless Se...

  • October 24, 2013

    Washington Political Press Has Got Obama's Back

    Political writers are usually confused on economic issues, but Washington DC political writers just seem to parrot the Obama Administration's talking points. A typical example is Pete Schroeder's and Vicki Needham's article for The Hill Blog: "Shutdo...

  • October 22, 2013

    Failing to Build Keystone Pipeline is Criminal Negligence

    An eyewitness noted when thirteen railroad tanker cars carrying propane and crude oil across Alberta, Canada exploded after derailing early on October 20th, "the fireball was so big, it shot across both lanes of the Yellowhead (Highway)... there's fi...

  • October 19, 2013

    Why China Wants To Dump the Dollar

    China's Dagong credit rating agency on October 17th downgraded its United States sovereign credit rating to A- and maintained its negative outlook on America's solvency.  Dagong warned that despite Washington's last-minute resolution of the...

  • October 13, 2013

    America's New Obstruction Of Justice Crisis

    The Congressional probe to determine who was responsible for the Internal Revenue Service (IRS) policy of discriminatory audits and/or retaliatory examinations of conservative organizations applying for tax-exempt status just became a criminal obstru...

  • October 12, 2013

    Times Are A-Changin' For Conservatives

    Many conservative writers become so emotionally traumatized when presented with the growing evidence that liberalism's grasp on America's youth is shrinking, they revert to denial and name calling. An especially virulent outbreak of this malady overw...

  • October 2, 2013

    The American Revival of the Persian Empire

    Historians will mark the United Nations agreement to manage the disposal of chemical weapons in Syria as the end of the proxy wars the United States has waged since the 1979 takeover of the U.S. Embassy in Tehran to prevent the revival of a powerful ...

  • October 2, 2013

    ObamaCare's Short Life Expectancy

    Despite the administrative turmoil in implementing the law, supporters like to characterize the Patient Protection and Affordable Care Act (Obamacare) as a "work in progress" that only suffered a few glitches and needed a few tweaks. This reminds me ...

  • September 26, 2013

    Captain Phillips Empathizes with Terrorists as Kenyans Die

    As the movie thriller Captain Phillips, about economically depressed Somali hostage-taking al Qaeda pirates, opens the New York Film Festival this week, the real Somali al Qaeda pirates are murdering and holding hundreds of hostages in a Nairobi...

  • September 24, 2013

    Europe Declares the Welfare State Dead

    With the Congress and the administration in full battle mode over implementing ObamaCare to convert the United States into a European welfare state, Dutch King Willem-Alexander gave a nationally televised speech to his nation's Parliament on Septembe...

  • September 4, 2013

    The Millennial Generation Is Abandoning Liberalism

    The media claimed that conservatives must become more moderate or face permanent irrelevancy after the supposedly solid liberal millennial generation of 18-29 year olds that overwhelmingly supported reelection of Barack Obama. These dire warnings rem...