Trump risks a major diplomatic scandal with China - before he has even been inaugurated - after speaking on the phone on Friday with Tsai Ying-wen, the president of Taiwan, which Beijing considers a renegade province.
Bogus news stories did flood social media throughout the campaign, and the hack of the Clinton campaign chair John Podesta’s e-mail seems likely to have been the work of Russian intelligence services. But, as harmful as these phenomena might be, the prospect of legitimate dissenting voices being labelled fake news or Russian propaganda by mysterious groups of ex-government employees, with the help of a national newspaper, is even scarier.
A new study from the University of New Hampshire Carsey School of Public Policy brought some welcome news to disaffected Hillary supporters as it confirmed that white populations are shrinking fast in the key swing states of FL, PA, NV and AZ.
While some have described Trump's approach as crony capitalism, if the terms of the deal really are limited to tax relief, such claims are baseless. While it is true that tax breaks for specific companies are less ideal than across-the-board cuts (or outright abolishment) of business taxes, they should not be confused with taxpayer subsidies. The underlying deal seems to reflect a larger commitment to addressing the corporate tax and regulatory burdens that have long held back the American economy.
Because the debt lifestyle has been normalized, there now exists social stigma to live below one’s means. To not give the appearance of wealth one doesn’t have by purchasing – on credit – things one can’t really afford. That – as much as the regulatory burden of government – is what’s driving up the cost of life for all of us (including those still trying to live within our means).
While paper gold traders can't seem to dump the precious metal fast enough, physical gold demand is soaring around the world. India retail premiums are spiking (amid demonetization), local China premiums soar to a 3-year-high (as capital controls loom), and coin sales from the US Mint have risen for the 4th straight month, accelerating post-election to the highest since July 2015 since Trump's victory at the election.
“The problem for Trump is that we no longer reside in the 80’s where a large group of ‘baby boomers’ were entering the workforce and driving a massive wave of innovation and productivity changes. Today, we are on the wrong side of the demographic trends combined with falling productivity and labor force growth.”
A man from the French region of Normandy recently inherited a house from a deceased relative, only to discover his newly acquired home was actually a secret gold depository.However, this story of good fortune doesn’t end as happily as we would like...
Who creates federal laws? Civics books say it is Congress, but the real answer today may be the executive branch. A recent report showed that the 229 major regulations issued since 2009 added over $100 billion in annual costs (according to the regulatory agencies), $22 billion coming in 2015. With estimates of the total regulatory costs now exceeding income tax burdens at over $2 trillion annually, regulations were far more burdensome for many Americans than legislation.
Over 30 years after a botched test at the Soviet nuclear plant sent clouds of smoldering nuclear material across large swathes of Europe, the world's largest land-based moving structure has been slid over the Chernobyl nuclear disaster site to prevent deadly radiation spewing from the stricken reactor for the next 100 years.