A TRILLION DOLLARS. That number may keep Scott Bessent, America’s treasury secretary, up at night. Next year his government’s net interest payments will break the 13-figure mark. The combination of a bulging deficit, now worth 7% of GDP, and the sharp increase in government-bond yields over the past four years makes America’s budgetary mathematics increasingly ugly.
As the Left and the neocons advance against us to take away our liberties, many people appeal to the Constitution....
Average home prices remain very close to the all-time highs reached at the beginning of the year. Accordingly, public opinion...
This is Naked Capitalism fundraising week. 1321 donors have already invested in our efforts to combat corruption and predatory conduct,...
People who can recall or who are aware of President Dwight D. Eisenhower’s farewell speech to the nation in January...
This is Naked Capitalism fundraising week. 1314 donors have already invested in our efforts to combat corruption and predatory conduct,...
Stories are circulating that Barack Obama funneled money through the Cayman Islands to NGOs. While that cannot be entirely verified,...
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