U.S. and California Economy is so great people are going to Mexico for lower prices

I wonder what kind of ad Gavin Newsom will run in Mexico telling Mexicans to shop in California? I guess living in a border town has its advantages as long as you can avoid the rampant crime and threats from cartels. Might be worth it for the great street...

My personal inflation rate is 33.52%

The Wall Street Journal put together a handy little personal inflation estimator. You check off the boxes of the things you normally consume and they pop out an inflation number. If I was a more normal person that consumed more processed food, pop, beer & wine, and less meat...

Price of July 4th BBQ in 2022 up almost 21%

Remember when good ole Joe told us we were saving $0.16 on our July 4th BBQ in 2021? In case you don’t remember here’s the tweet. So, what is the story for 2022? According to a story in Marketwatch the price of your BBQ this year is up almost...

I never thought that Trump would have been our last best hope to preserve the republic

The video in this tweet would be hilarious if it wasn’t so sad....

The worst bond market so far since 1842… another President Biden miracle

It was a good 180 year run. With the collapsing bond market, inflation, rising prices due to over regulation, supply chain issues from COVID policies, shortages due to the Ukraine/Russia conflict, and globalism in general run amok is it time to resurrect the misery index? I’m not a financial...

Why we suddenly feel the effects of inflation

Inflation isn’t something that just happened. It’s been happening. It’s been rising for decades and government has been misinforming the public. Since the Ronald Reagan Administration the U.S. Government changed the way consumer inflation is calculated. In fact, inflation has been above 5% consistently and probably close to 7%...

That huge sell-off in the markets today is simply a Black Friday discount for buyers of the dip

What’s a 3% dip in the stock market? The news is blaming the latest COVID variant… ooooooo so scary. Nothing to worry about. Nothing to see here. It’s simply a 3% discount on all the stocks you want to buy. Heck… use some of that stimulus money and gamble...

Venezuela is our future if we don’t stop the march towards socialism

Venezuela nationalized most of their big industries. Government pushed out the private sector in the name of equity and fairness for the people. The standard definition of socialism is “government ownership of the means of production.” When government takes ownership of the means of production, that is called “nationalization.”...

Higher wages… less purchasing power. The Biden inflation legacy

I doubt the $15 minimum wage promoters will understand that you can get paid more but make less in the end. I’m sure the Biden administration will print up more money to pass out. That’ll solve the problem. Real (after inflation) average hourly earnings have declined for seven consecutive...

Investors may finally be learning that China is no place to invest

We should have never started conducting business in mainland China. Communist countries are closed boxes where everything is owned by the government regardless of how much they make it appear they do not. An article in the Wall Street Journal lays out how the Chinese government changed their regulations...