In 1974 when Vice President Gerald Ford succeeded to the presidency after Richard Nixon resigned, the country was in a bad economic crisis. The Arab oil shocks of 1973 led to a 300% increase in the price of oil, which translated into inflation of more than 12%.
U.S. Sen. Bernie Sanders has been unable to advance a top-down, government takeover of our nation’s health care system, so like-minded California lawmakers attempted a state version that would have ended private health insurance, forced Medicare participants into a new experimental system, and put the government in charge of Californian’s health care.
Biden's overseas business operations were a source of controversy during the 2020 presidential campaign, and now first won Hunter Biden is the subject of a tax investigation.
While researching how Americans have been getting rich by helping the Chinese Communist Party achieve its outspoken aim of replacing the US as the "world's No.1 power," I came across the phrase "elite capture" -- their term to describe the actions of influential people in the US towards China.
Here’s an actual headline good for some laughs: “Vulnerable Senate Dems try to run as tax-cutters.” That howler of a header appeared this week in Politico.
When debt grows so much that people don’t believe the Treasury will pay it, they sell their bonds and buy other things, sending prices through the roof.