The right to private property is laid out in both the Fourth and Fifth amendments to the Constitution.  In the Fourth, individuals are protected from unreasonable search and seizure, and the Fifth protects against the government taking your property without “due process of law” and […]

By Robert Romano 59 percent of registered voters disapprove of President Joe Biden’s handling of the U.S. economy in the latest Quinnipiac survey of registered voters conducted March 31 to April. Just 37 percent approve. On April 1, President Biden was touting the latest jobs numbers from the Bureau of Labor […]

By Robert Romano Home values went up an astonishing 17.8 percent in 2021, according to the Freddie Mac Home Price Index , the highest appreciation of housing prices on record, with data going all the way back to 1975. One has to go back to 2004-2005 and 1977-1979 for the last times home values were […]

By Robert Romano This week, the House of Representatives will be considering legislation to reauthorize the Restaurant Revitalization fund , which would be increased $70.6 billion from its current level of $28.6 billion. The fund has been exhausted for eight months now and was originally a part of President Joe Biden’s $1.9 trillion stimulus […]

By David Potter Historically speaking, high inflation—greater than 5 percent—has always preceded many of the  recessions in the United States. The causality follows a simple chain of events. Household budgets for items such as housing, food, and energy are fixed — or at least rigid — for […]

By Robert Romano The spread between 10-year treasuries and 2-year treasuries , a leading recession indicator whose inversions have predicted almost all of the U.S. economic recessions in modern history, on March 31 inverted for the first time since Sept. 2019 . When the 10-year, 2-year spread inverts, a recession tends to result on average 14 months afterward , sometimes sooner, sometimes later. The one time there was […]

By Robert Romano “With regard to food shortage, yes, we did talk about food shortages.  And — and it’s going to be real.  The price of these sanctions is not just imposed upon Russia, it’s imposed upon an awful lot of countries as well, including European countries […]

By Sheryl Kaufman A few Executive Orders quite quickly flipped the U.S. energy supply situation from surplus to shortage. Just wait until you see what they can do to the world food supply. President Joe Biden campaigned on destroying the American fossil fuel industry. On […]

By Robert Romano The Federal Reserve on March 16 has hiked the Federal Funds interest rate for the first time since 2018 in response to 7.9 percent consumer inflation and 10 percent producer inflation , according to the latest data from the Bureau of Labor Statistics. Here, the central bank is raising the interbank lending interest rate to 0.25 to 0.5 […]

By David Potter Reality is stranger than fiction. Today, people with computerized brain implants inhabit the earth. Though ethical concerns and hardware limitations remain, biotech companies seem determined to move forward with their plans to bring such devices to the masses as health agencies across the globe are even […]