With each passing day, the failure of Congress and the Administration to reach a deal on extending fiscal stimulus creates a bigger and bigger hole in consumer cash flow. So far investors have brushed off the stalemate. But that's a mistake.
South Dakota Governor Kristi Noem, a Republican, refused recently authorized federal unemployment money because nearly 80% of job losses following the coronavirus panic have been recovered. The economy is rebounding because it was never shut down.
"Well, I may do it myself," President Trump said. "I have the right to suspend it, and I may do it myself - I have the absolute right to suspend the payroll."
Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the extension of the emergency relief plan into 2021.
"We have over 44 million Americans who have lost their jobs, and we have got to get America back to work," Cruz stated. "Unfortunately, I have listened to your interview with Speaker Pelosi, and her objectives are focused on neither of those.
Prof. Richard Wolff of Democracy at Work and Daniel McAdams of the Ron Paul Institute join News.Views.Hughes to discuss the massive and ongoing stimulus measures with which the Trump administration seeks to address the impact of the COVID-19 lockdown
While tens of millions of Americans have seen their jobs disappear due to the "stay-at-home" coronavirus shutdown, the military contractor industry is moving to grab tens of billions to reimburse workers put on leave during the crisis. The actual pri
In this video Tim and Yoshi cover a few areas they forgot to cover the previous night and expand upon a few topics, such as the German Stock Market and unemployment numbers.
...From Commercial Leases
The surge in incomes is entirely due to massive government transfer payments...
...the current market optimism ignores deep problems in the US economy the existed before the pandemic – chief among them staggering levels of debt and the proliferation of zombie companies.
The coronavirus is negatively impacting the economy and will leave lots of damage in its wake. Our government should feel the pain as well.
May 7, 2020. the $2.5 trillion they printed since March is more money than they printed in the first 95 years of the Federal Reserve's existence.
It's obvious the global economy is painfully fragile. What is less obvious is the bailouts intended to "save" the fragile economy actually increase its fragility, setting up an inevitable collapse of the entire precarious system...
There is not going to be a V-Shaped recovery. Many lives will be shattered and ruined in its wake.
With nothing left they used their freedom, and the freedom of their family as collateral...Many were sold into debt slavery after defaulting on this second loan.
$2 trillion! That is the amount of free money that the feds are distributing to the American people to help them get through the coronavirus crisis. Most everyone is receiving a part of this free money.
As the middle class gears up to once again unknowingly bail out the world via way of inflating the money supply, the rich are doing what they do during bailouts: getting richer.
Mexico is now caught in a perfect storm: on one hand the economy is collapsing and desperately in need of more fiscal stimulus; on the other any new debt issued to fund this stimulus will immediately result in a junk rating causing even more pain for
We warned yesterday that it was imminent, and now it has occurred...
Today, Luke and returning guest John Sneisen (The Economic Truth) address one of American's most prevalent concerns: When they'll get their stimulus check.
In today's economic news, President Donald Trump proposed ANOTHER $2 Trillion bill to bring jobs and stimulate the economy. Yet many democrats - like Nancy Pelosi and Chuck Schumer - oppose the bill because it's too progressive.
Rep. Thomas Massie (R-KY) became "the most hated man in America" when he dared to demand that Congress actually vote on the biggest bailout of Wall Street in history - the two trillion dollar "coronavirus" bill. What happened behind the scenes and wh
In our daily economic impact report, Luke and Tim dive straight into the days financial headline news.
Fresh on the heels of the largest stimulus in history, House Democrats and government agencies are already compiling their lists with what they say they need from the next package.
...just a week after the Fed "enhanced" its swap lines with central banks and included a bunch of non G-5 central banks to the list of counterparties, it has found that this is not working
In our third video of the day, Luke and Tim dive into all of the day's biggest headlines not covered so far.
To kick things off, Luke dives straight into President Donald Trump's 96-0 Congratulations America tweet, which was a reference to the government approving the $2 Trillion Stimulus package.
The coronavirus relief bill that passed unanimously in the Senate is reported to contain a provision to allocate $350 million for migration and refugee assistance.
The unilateral response from governments to the coronavirus is to helicopter money to people and their businesses in unlimited quantities. Their priority is to keep the debt-driven Keynesian show on the road, and policy makers are approaching the tas