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It’s barely six months into the US government’s ‘fiscal year’ (which started on October 1, 2023) and the federal budget deficit is already $1.1 trillion. This number is utterly astonishing. Of course, anyone paying attention to the rapidly dwindling US financial condition knows that the national debt is now hovering around $35 trillion.
When the barbarian king Rugila died in the year 434 AD, Roman Emperor Theodosius II likely rejoiced that his mortal enemy was no more. Rugila (and his father Uldin) had been invading and terrorizing Roman territory for decades; but the Empire was so weak at that point that Theodosius was powerless to stop
There’s no limit to how much Inspired Idiots around the world hate oil companies. It seems like almost every day there’s a story about protestors who superglue themselves to the pavement in order to block traffic. Or deface an art museum. Or interrupt a public sporting event. Recently they even glitter-bombed the Constitution
[Note from James: The first thing I did this morning when I saw the US government’s latest inflation numbers was to call my friend and partner Peter Schiff to enjoy a good rant about how the Fed has completely lost the war with inflation. Peter’s thoughts are below, and I agree entirely.] Bill
Jamie Dimon, the CEO of JP Morgan Chase, did not open his annual shareholder letter with rosy language about the state of the world, or even enthusiasm about his bank’s record profits. Instead, he describes “yet another year of significant challenges” including the war in Ukraine, war in the Middle East, extreme tensions
Did you hear about the newest vehicle safety feature that Congress wants to mandate? It’s not some AI sensor system, or even a newfangled airbag. Nope. In the minds of literally several hundred lawmakers (from both parties!) the most essential safety feature that should be in your vehicle is… AM RADIO! The “technology”
Did you hear about the new streamlined tourist visa to Saudi Arabia? I’m sure you’re standing in line for it already. No? Me neither. I was actually stationed in Saudi Arabia for a while when I was in the Army… and, the most unique ‘tourist’ attraction, at least for non-Muslims, is a place
You probably heard the news: the Environmental Protection Agency (EPA) recently finalized new vehicle emissions regulations that essentially force Americans into buying electric vehicles. The actual published regulation is 1,181 pages long… because, that’s what the US economy needs– a thousand more pages added to the 200,000+ existing pages in the Code of
Rejoice, America, the federal government is FINALLY going to step in and fix the biggest problem of our time. Naturally I’m not talking about the border. Or inflation. Or the national debt. Or America’s waning geopolitical power. Or the looming insolvency of Social Security. Or rising crime. Or the broken education system. Or
On June 5, 1947, US Secretary of State George Marshall gave the commencement speech at Harvard University. This was just two years after the end of World War II, and in this speech, he first proposed giving $12 billion (approximately $170 billion in 2024 dollars) in economic assistance to help rebuild Western European
I’m on my way back home from Mexico City after an incredible weekend event here with more than 100 of our Total Access members. First things first, if you’ve never been to Mexico City, I highly recommend it. A lot of people have a misconception that the city is some kind third world
On March 2, 1901, a group of prominent American businessmen, including J.P. Morgan, Charles Schwab and Andrew Carnegie, came together to form the largest business enterprise the world had ever seen. Through the consolidation of Carnegie Steel Company along with several other steel and iron businesses, they formed US Steel. And it was
Located in Mediterranean Sea about halfway between Greece and Turkey is the island of Crete… which has attracted human civilization for more than 100,000 years. Today roughly 600,000 people call the island home. But millions of tourists also visit the popular vacation spot each year. It’s known for it’s beaches, wine, and olive
[Editor’s Note: Today’s article was written by a colleague who recently traveled to Russia. These are his observations about the current situation on the ground.] Today in Russia, there is unmistakable tension in the air. You definitely don’t want to speak out against the war or the current regime— it’s an almost guaranteed
On November 5, 1605 Guy Fawkes was caught in the cellars of the Parliament building in London in what became known as the Gunpowder Plot— a conspiracy to assassinate King James I and restore a Catholic monarch to the English throne. Guy Fawkes was arrested, tortured, and executed. And his name, ‘Guy’, became
