Tuesday, December 12, 2017
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Economics and Industry

Retailers Rush Out Black Friday Sales Early

This is no surprise to hear. Given the terrible state US retailers are in, many of them are desperate for customers and desperate for...

Justice Department Demands AT&T Sell CNN to Merge With Time-Warner

Barack Obama made a habit of weaponizing the government against his enemies, bringing a third world, banana republic style politics to the United States....

Sears and KMart Continue Closing Stores as Sears Collapse Rolls Onward

I'm frankly surprised Sears' owners haven't given up and liquidated the company yet. The company is clearly bleeding to death, and closing more and...

MAGA – GOP Tax Plan Strips Illegal Aliens of All Major Benefits

The overhaul strips illegal aliens of major tax credits, which includes the American Opportunity tax credit (college tuition reimbursement), the Child Tax credit, and the Earned Income tax credit.

Venezuela Will Restructure All Debt After Tomorrow

How's that Socialism working out so far?

Papa John’s Pulls Ads, Lashes Out at NFL

For some time, it looked like the NFL's sponsors were not going to take any real action despite concerns that the anti-US protests by...

US Oil Pushes Into Asia As OPEC Fades

OPEC has been under severe pressure from US oil shale and also production cuts to try to keep the price of oil high. The...

Elon Musk’s DC-NYC “Hyperloop” is Apparently Really Going to Happen

When Elon Musk announced a few months ago that his Boring Company was going to create a hyperloop from Washington DC to New York...

Eastern Caribbean Recovery Bill Could Top $1 billion

The UN has begun assessing damage in the eastern Caribbean region, which was hit hardest by Hurricanes Irma and Maria, and needless to say...

Amazon Now Planning to Sell Pharmaceuticals

Not content with its attempts to conquer the food retail and distribution sectors, Amazon is now trying to muscle in on the sale of...

Record $30 Billion in Remittances Flowing Back to Mexico, 6.5 Percent Increase From Last Year

Well, looks like it is time to tax some remittances huh? A few years of that and the Trump border wall will be entirely...

The Hidden Recession: Most Americans Remain Worse Off After 2008

Just a reminder not to believe rosy news you hear about how well the economy is doing. The ugly truth is that for most...

“The Economy Evaporated Pretty Much Overnight”

As most of you know by now, the damage to the US Virgin Islands from Hurricanes Irma and Maria are very severe. The Virgin...

Puerto Rico’s Agriculture Has Been Totally Destroyed by Maria

This is no surprise. When a hurricane comes blowing through, it tends to do huge damage to to crops, even at Cat 1 or...

Puerto Rico Dam is Crumbling, Endangering the Populace

Maria's aftermath continues to be very ugly for America's largest territory. In addition to the problems of supplying the population with food and water...

St. Martin Inhabitants Try to Pick Up the Pieces After Irma

St. Martin was one of the worst-impacted Caribbean countries when Hurricane Irma blew through. The island's residents are now trying to pick up the...

Half of All Millennials Would Give Up Their Right to Vote for Student Loan Forgiveness

How are these guys going to keep the economy going? Fully half our next generation is broke to the point where they'd give up...

The Wall Street Journal is Being Sensationalist With the Paris Climate Treaty and Trump’s Reversal on Withdrawing From It

It is directly contravening his prior speech in June where he stated he was going to withdraw, YET it isn't the big to do that the WSJ is making.

Florida’s Tourism Industry May be Wrecked Thanks to Irma

This is going to be a huge problem for the Caribbean as well, particularly given the outbreak of violence and looting on St. Martin: Hurricane...

US Virgin Islands Wasted Hurricane Relief Money in Years Past

Their government is going to have some very hard questions to answer once the initial shock of the hurricane's passing is through: The U.S. Virgin...

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