Category: Economy

House Dissatisfaction With Johnson Explodes Over Foreign Aid ‘Insanity’ That Neglects US Southern Border

House Republican dissatisfaction with Speaker Mike Johnson (R-LA) is rapidly growing as Reps. Scott Perry (R-PA) and Jim Banks (R-IN) share their frustrations about what Banks called “insanity” in Johnson’s foreign aid framework; which includes over three times as much money for Ukraine as it does for Israel while neglecting the U.S. Southern border...

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Disgraced Crypto Trading King Sam Bankman-Fried Is Sentenced To 25 Years In Prison For FTX Fraud

Last Thursday, FTX founder Sam Bankman-Fried was sentenced to 25 years in prison by Judge Lewis A. Kaplan. Prosecutors had sought a 40- to 50-year sentence for the disgraced crypto king. Judge Kaplan said Bankman-Fried had shown no remorse. Bankman-Fried’s defense team will appeal the conviction and sentencing…

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New Floating Offshore Wind Projects Will Squander Hundreds Of Billions Of Dollars

If only from a financial perspective, offshore wind development, should it go forward, will be the largest alternative energy boondoggle & the biggest waste of money ever imposed on the backs of working Californian taxpayers. It will also forever irreparably damage and blight a large portion of America’s most scenic coastline...

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Biden Unveils Massive 2025 $7.3T Budget With $5.5T In Tax Hikes: Greatest Tax Burden In US History

President Biden unveiled his election-year budget pitch Monday, calling for $5.5 trillion in tax increases by raising rates on the wealthy and corporations — while spending $7.3 trillion on defense, federal benefit programs, affordable housing and student debt cancellation, among other proposals...

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