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Yearly Archives: 2021

Senate Poised to Raise Debt Limit by $2.5T, Avoiding Default

(Associated Press) The Senate was poised Tuesday to lift the nation's debt limit by $2.5 trillion under a deal struck between party leaders, defusing...

Kamala Harris Befuddled by Electric Car

(Headline USA) The Biden administration has released a plan to build 500,000 charging stations for electric vehicles across the country and bring down the cost...

Wholesale Inflation Jumps Record 9.6% Over Past 12 Months

(Associated Press) Prices at the wholesale level surged by a record 9.6% in November from a year earlier, an indication of on-going inflation pressures The...

‘Enough Is Enough’: Business Owner Rips Chicago Mayor After Smash-and-Grab

(Newsweek) After his Chicago car dealership was robbed on Saturday, the owner of the business called on city leaders to do more to address...

BofA CEO: Consumers Spending at Fastest Pace He’s Seen

(Associated Press) The head of the nation's second-largest bank said consumers are spending "at a faster rate" than he's ever seen but he remains...

Lies, Damn Lies, and Government Inflation Statistics

(Clint Siegner, Money Metals News Service) More and more Americans aren’t buying the Wall Street fairy tale, no matter how heavily it is promoted. Consumer prices...

Time Magazine’s “Person of the Year” Is Elon Musk

(Associated Press) Calling him a "clown, genius, edgelord, visionary, industrialist, showman," Time magazine has named Tesla CEO Elon Musk as its Person of the...

Misery Index: Wages Aren’t Keeping Up with Surging Inflation

(Ryan McMaken, Mises Institute) According to new data released Friday by the Bureau of Labor Statistics, price inflation in November rose to the highest...

Caregiver Steals $300K from Elderly Woman to Gamble at Casinos

(WFRV) A Wisconsin woman has been sentenced for stealing over $400,000 from an elderly individual she provided in-home care for and spending nearly half of the...

Crews Search Rubble After 6 Die at Illinois Amazon Facility

(Associated Press) Search efforts at an Amazon facility in Illinois where at least six people were killed in a tornado were expected to take...