Week Ending January 14th, 2022
Nonfarm Payrolls came in considerably below forecasts… Economists expected nonfarm payrolls to come in at around 450,000. Yet the economy only added 199,000 jobs in December.
Week Ending December 10th, 2021
James Madison warned us… “If Congress can employ money indefinitely to the general welfare, and are the sole and supreme judges of the general welfare, they may take the care of religion into their own hands; they may appoint teachers in every state, county, and parish, and pay them out of their public treasury; they may take into their own hands the education of children, establishing in like manner schools throughout the Union; they may assume the provision for the poor; they may undertake the regulation of all roads other than post-roads; in short, everything, from the highest object of state legislation down to the most minute object of police, would be thrown under the power of Congress; for every object I have mentioned would admit of the application of money, and might be called, if Congress pleased, provisions for the general welfare.”
Week Ending November 26th, 2021
Thanksgiving week was filled with a plethora of economic news and the worries of the new XI or Omicron variant. But more disturbing we are witnessing the breakdown of our society in major cities across the country. It is highlighted by the state of our legal system as we let out known criminals and do not hold accountable those who loot and destroy businesses and private property.
Week Ending October 29th, 2021
In-N-Out Burger closes all of its Contra Costa County indoor dining rooms over local vaccine mandates… In-N-Out refuses to become vaccination police. Government officials force teenagers working at In-N-Out to check customers’ vaccine status. This ridiculous overreach by government is on its way to Los Angeles and probably to most cities in California.
Week Ending June 18th, 2021 Inflation is transitory… And Modern Monetary Theory (MMT) will save Zimbabwe. What does it mean – All the printing in the world will not save Zimbabwe or any other country with its own currency. I have a $Trillion dollar note from Zimbabwe that is not worth the paper it is […]