08.24.2020

What is the plan to safely reopen schools if the vaccine doesn’t work?

By Robert Romano Probably the most important question that the press might ask President Donald Trump and former Vice President Joe Biden is what America will look like if the hoped for COVID-19 vaccines now in clinical trials are not effective at reducing the spread of the […]

08.21.2020

1.56 million Americans come off unemployment continued claims in two weeks as rapid recovery Trump predicted continues

By Robert Romano A combined, unadjusted 1.56 million Americans came off of unemployment continued insurance claims the weeks of August 1 and August 8, according to the latest data by the Department of Labor as the U.S. economy continues a rapid recovery almost nobody but President Donald Trump was predicting. Since the week ending May 9, unadjusted […]

08.18.2020

Joe Biden’s sweetheart deal with China to put Chinese companies on U.S. exchanges a ticking time bomb for investors

By Catherine Mortensen The Trump administration is threatening to reverse a sweetheart deal former Vice President Joe Biden orchestrated giving Chinese companies access to U.S. capital markets because it puts the retirement accounts of millions of Americans at risk. The 2013 Biden deal gave Chinese companies access to America’s capital […]

08.17.2020

We need FDA reform to lower drug costs, not Medicare spending caps based on foreign governments’ price controls

08.14.2020

Price controls for Medicare prescription drugs will just pass along costs of drug innovation to non-Medicare patients, could lead to socialized medicine

By Robert Romano President Donald Trump is currently considering an executive order that will direct the Center for Medicare & Medicaid Services (CMS) to implement a proposed 2018 rule instituting an International Pricing Index for Medicare Part B prescription drugs. The intent is to reduce drug costs for seniors. However, it […]

08.13.2020

California public pension fund investing $3.1 billion in Communist China a cautionary tale for other states

By Catherine Mortensen California often serves as a cautionary tale for other states with its misguided policy choices informing other governors of what not to do. Most recently, California is under scrutiny for directing billions of dollars in its state retirement pension funds into companies connected to […]

08.12.2020

Deflation averted for now as consumer and producer prices recover in July, signal strong third quarter

By Robert Romano The Producer Price Index and Consumer Price Index have both recovered dramatically in the month of July, each growing 0.6 percent amid increased demand for oil and gasoline, according to the Bureau of Labor Statistics (BLS). About one-third of the producer price jump and one-quarter of the consumer price increase, […]

08.07.2020

Trump was right. U.S. economy produces 10 million jobs in three months amid speedy recovery since April as Covid cases decline

By Robert Romano The U.S. economy produced between 1.35 million and 1.8 million jobs the month of July, bringing the total number of jobs created since April when labor markets bottomed with the federal and state governments in lockdown to combat the Chinese coronavirus to between 9.3 million and 10 million. […]

08.06.2020

Socialism is theft and Marxist regimes like Venezuela and China need to be held accountable

By Rick Manning Socialism is theft.  At their very core, these Marxists believe that they have a right to take the property of others and make it their own without even bothering to compensate the rightful owner in any way.  Thieves, looters, mobsters and some government officials, […]

08.03.2020

Why are American pensions and mutual funds investing $251 billion in Chinese equities and bonds built on child and slave labor?

By Robert Romano U.S. mutual funds and pension funds, including private, state and local government pensions, have invested about $251 billion in Chinese equities and bonds including Hong Kong, according to an Americans for Limited Government estimate of U.S. Treasury data. That is out of a total […]

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