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Americans Ran Up Even More Debt to Pay for Christmas
(Mike Maharrey, Money Metals News Service) Christmas 2024 was brought to you by Visa, Mastercard, et al. Was this the last gasp of an American consumer buried under mountains of debt? Retail sales were strong in December (up 0.7 percent). Economists and pundits lauded the “strength” of American consumers and their willingness to spend for…
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Gold, Debt, and the Coming Financial Storm
(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with financial analyst Greg Weldon to discuss the state of global markets, gold’s record-breaking rally, and the looming debt crisis threatening economic stability. Weldon, a veteran trader and macroeconomic expert, shared critical insights into gold, inflation, government debt, and…
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Money, Morality, and DOGE | Headline USA
(Clint Siegner, Money Metals News Service) Ayn Rand thought a lot about the philosophy of money. She understood gold as money functioned beyond providing safe haven, a store of value, and a medium of exchange. It has moral and cultural implications. People refer to it as “honest money” for a reason. Below is an excerpt…
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Senators from 17 States Want Postal Service to Pause 10-year Plan to Save $160B
(Joe Mueller, The Center Square) – A bipartisan group of 26 U.S. senators from 17 states are urging leaders of the U.S. Postal Service to delay execution of its strategic plan. “We call on you to pause planned changes to the U.S. Postal Service’s processing and delivery network under the ‘Delivering for America’ plan, until you…
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Newsom Blames Budget Shortfall on Climate Change, not Policy Failures
(Jacob Bruns, Headline USA) When confronted with the state of California’s disastrous financial situation, Democratic Gov. Gavin Newsom cited climate change in a recent interview as the reason for the state’s lack of funds. “Can we explain to Californians how we move from a $100 million surplus to such a significant deficit in just a…
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BoA ‘De-Banks’ Whitmer Kidnap Conspiracy Documentarian
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Rep. Massie Gives David Hogg a Reading Lesson on the Federal Reserve
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Taxpayers Lose Billions to Government Overlap, Duplication
(Brett Rowland, The Center Square) – Overlap and duplication cost taxpayers billions, according to a new report from a Congressional watchdog. The U.S. Government Accountability Office’s annual report identified opportunities to save billions of dollars by reducing overlap, duplication and fragmentation across the federal government. The report outlines 112 measures that Congress and federal agencies…
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Lawmakers to Grill Biden’s Energy Sec. over Energy Costs, Regulations
(Casey Harper, The Center Square) Lawmakers will grill Joe Biden’s Energy Secretary at a newly announced oversight hearing scheduled for Thursday. Energy Secretary Jennifer Granholm is expected to face lawmakers for questions amid elevated gas prices, a depleted strategic petroleum reserve, and ongoing criticism of Biden’s energy policies. According to AAA, the average national price…
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Leftist Hacks at Media Matters Face Massive Layoffs Amid Elon Musk Lawsuit
(Luis Cornelio, Headline USA) Media Matters, the leftist media watchdog non-profit, fired a dozen employees on Thursday due to the bombshell lawsuit filed by tech mogul Elon Musk. “We’re confronting a legal assault on multiple fronts and given how rapidly the media landscape is shifting, we need to be extremely intentional about how we allocate resources…
