President Joe Biden met with congressional leaders today over the debt ceiling, which the Treasury will hit in about a month. A wounded political animal — 36 percent approval rating indicates wounded — Biden may go for broke, in a…
There is absolutely no risk that the United States will default on the national debt, unless President Joe Biden takes this unprecedented, disastrous step in order to sock it to his enemies, “the mega-MAGA Republicans.” Revenues pouring into the U.S….
Two articles on the front page of the Washington Times reveal the dichotomy at work in the geopolitics of the western Pacific. Tom Howell Jr. and Jeff Mordock write about Philippine President Ferdinand Marcos Jr.’s seeking concrete security pledges from…
Junkies jonesing for a fix say anything to satisfy their addiction. Big-government addict Janet Yellen, who unfortunately also serves as secretary of the treasury (dangerous combination, that), wants more of her drug of choice, which, in her case, means money…
“Biden’s Inflationary Economic Policy,” editorial cartoon by Shaomin Li for The American Spectator, April 6, 2023.
I’ve got a video to show you that you probably haven’t seen. It’s 14 minutes long, and it’s from the testimony last week by Treasury Secretary Janet Yellen at the Senate’s hearing on the Biden budget. And specifically, Sen. John…
Sam Bankman-Fried’s arrest makes for a fitting final act to this chapter of cryptocurrency history. The internet prodigy-turned-supervillain had been at large for a whole month since the spectacular collapse of his crypto trading platform, FTX. But Sam is no…
“Abuse of words has been the great instrument of sophistry and chicanery, of party, faction, and division of society.” – John Adams The Biden administration has mastered sophistry, the use of ostensibly logical but erroneous arguments that are intended to…
Fear and raging inflation have roiled hot but still nascent digital currency markets. From November 15 to May 26, the cryptocurrency market plunged 57 percent, with $1.6 trillion of value lost. At the same time, the price of leading cryptocurrencies…
