By Lee Enochs
When Joe Biden was elected President last year he promised to bring unity to a country that was highly divided during the Trump presidency.
However, he and the Democrats quickly forgot that campaign pledge to bring unity and healing to our divided nation as evidenced by Biden and the Democrats’ massive $3.5 trillion dollar spending bill called the “Build Better Act.”
The 2,465-page bill which promises to significantly expand America’s social safety net, is Joe Biden’s chief legislative priority, and if passed will fund everything from expanded Medicare funding, free community college and the fight against climate change.
By Lee Enochs
History now shows that Rumsfeld and the second Bush administration were gravely mistaken about WMD's being in Iraq at that time and the consequences of this blunder of unfathomable proportions, was the loss of over 5 000 American soldiers and over 100,000 innocent Iraqi lives.
Because Rumsfeld was considered the "chief architect" of the second Bush administration's Iraq war policy, any objective discussion over his legacy must include this monumental and historic foreign policy mistake. This was left out of your comments on Rumsfeld.
by Lee Enochs
Anyone that has been paying attention to what is transpiring in current affairs throughout the United States should acknowledge that political progressives and socialists have been emboldened and are increasingly influencing public policy decisions in America. With this increased influence of leftism has come a proportional erosion in our civil and constitutional liberties.
Case in point, the massive social media popularity and “Green New Deal” agenda of Democratic socialists Senator Bernie Sanders (I-VT), Congresswoman Alexandria Ocasio-Cortez (D-NY) and other leftist environmentalists, have already influenced new President Joe Biden to kill the economically prosperous Keystone Pipeline contract and with it, thousands of American jobs.
By Ryan McMaken
On Wednesday, a mob apparently composed of Trump supporters forced its way past US Capitol security guards and briefly moved unrestrained through much of the Capitol building. They displayed virtually no organization and no clear goals.
The only deaths were on the side of the mob, with one woman—apparently unarmed—shot dead by panicky and trigger-happy Capitol police, with three others suffering nonspecific “medical emergencies.”
Yet, the media response has been to act as if the event constituted a coup d’etat. This was “A Very American Coup” according to a headline at the New Republic. “This Is a Coup” insists a writer at Foreign Policy. The Atlantic presented photos purported to be “Scenes from an American Coup.”
By Michael Maharrey
The US national debt pushed above $24 trillion on Tuesday.
The US government was already running massive budget deficits long before the coronavirus pandemic and the debt was piling up at a dizzying pace. Response to the outbreak has put spending and debt in hyperdrive.
By Tyler Durden (Reposted from Zero Hedge)
Somewhere, SocGen's permabearish strategist Albert Edwards is dancing a jig, as every day that passes bring us every closer to his trademark "Ice Age."
One week after the universe of negative yielding debt regained its prior high of $11.7 trillion, overnight - thanks to the dovish capitulations by both the ECB and Fed - the notional value of global sovereign debt with a minus yield sign jumped to $12.3 trillion, a new all time high.
The collapse in yields started on Tuesday morning when Mario Draghi said that the central bank might also trim rates and resume its bond-buying should inflation continue to languish well below its 2% target (recently European 5Y5Y forwards hit an all time low but have since rebounded following Draghi's comments).
