According to the absurd numbers that the government feeds us, the unemployment rate is very low and there are lots of jobs available.  But if what they are telling us is true, why are so many Americans not able to find work?  As you will see below, some people haven’t been hired even though they have literally applied for hundreds of jobs.  There seems to be an enormous disconnect between what is actually happening in the real economy and the economic narrative that they are constantly pushing.  By the time you are done reading this article, I think that you will agree with ..read more

When I was a kid, “Weekend at Bernie’s” was one of my all-time favorite movies.  In that film, two guys worked really hard to convince everyone that their boss was still alive so that they wouldn’t get into trouble.  I remember laughing throughout that entire movie.  Today, the Biden administration is working really hard to convince all of us that the U.S. economy is still alive, and that isn’t funny at all.  A horrific cost of living crisis is absolutely crushing millions of U.S. households, large companies are conducting mass layoffs all over the nation, and the real esta ..read more

How it is possible that initial claims for jobless benefits have been exactly the same for five of the past six weeks?  As Jim Blanco has pointed out, there is no way that this is statistically possible.  Honestly, I don’t know any other way to explain this other than to say that the numbers are being cooked.  It appears that the bureaucrats in Washington have gotten so lazy that they aren’t even bothering to change the fake numbers that they are giving us.  Even though large companies are conducting mass layoffs all over America, week after week we are given laughable numb ..read more

In the entire history of the United States, we have never witnessed an urban collapse of this magnitude.  During the pandemic, millions of Americans started working from home, and many of them have never returned to the office.  Meanwhile, rapidly rising levels of crime, homelessness and migration have transformed many of our inner cities into extremely dangerous places.  As a result, thousands upon thousands of businesses have left our core urban areas in search of greener pastures.  So now there is lots and lots of commercial real estate space that is sitting empty, and c ..read more

Why are they being so quiet about this?  On Friday, the UN Security Council will take a vote which will determine whether or not “the State of Palestine” will be granted full UN membership.  If this vote is successful, that will formally create a Palestinian state that will have full recognition by the international community.  So this is a really big deal.  Algeria is the nation that has put this draft resolution forward, and it is scheduled for a vote at 3 PM Eastern time on Friday afternoon… The United Nations Security Council is scheduled to vote Friday on a Palestinia ..read more

The middle class in the United States has been steadily shrinking, and the gap between the ultra-wealthy and the rest of us has grown to absurd proportions.  But it wasn’t always this way.  When I was growing up in the 1980s, it seemed like almost everyone was middle class.  Of course there were wealthy people and poor people in the 1980s too, but the vast majority of the population was comfortably somewhere in the middle.  Sadly, things have changed so much since that time.  Today, most of the people that I know are struggling.  According to a report that was jus ..read more

Can you imagine paying seven dollars for a gallon of gasoline?  It could soon happen, because it appears that Israel is about to strike Iran, and that is likely to cause events in the Middle East to spiral completely out of control.  Right now, approximately one-fifth of all oil used in the world goes through the Strait of Hormuz.  An apocalyptic war in the region could potentially close the Strait of Hormuz until the conflict is resolved one way or the other.  In addition, oil infrastructure could be destroyed in Iran and other nations in the Middle East as the fighti ..read more

I have been sitting here trying to figure out what to write about what we just witnessed.  Just like October 7th, the shocking attack on Israel that just took place altered the course of history.  This was the first time that Iran ever attacked Israel directly, and I was flooded with emails by readers that were concerned about World War III.  So now that the Iranian attack is over, what will Israel do now?  That is the big question.  If Israel directly attacks Iran, the Iranians will inevitably respond and the conflict could spiral out of control.  But if the Isra ..read more

Most people have absolutely no idea how close we are to a nightmare scenario in the Middle East.  Yesterday, I wrote about the fact that Bloomberg was reporting that an Iranian attack on Israel was “imminent”.  At that time we were waiting for the other shoe to drop in the Middle East, and we are still waiting.  Ynet News is claiming that Iran was “ready to launch its attack on Israel” but had a change of heart before it pulled the trigger… Iran was ready to launch its attack on Israel but decided to change or postpone it by a few days, likely after warnings from the Biden admi ..read more

As we approach what is likely to be the most chaotic presidential election in U.S. history, trouble signs are starting to erupt for the U.S. economy.  In fact, CNN is actually admitting that “the long-predicted storm clouds in the economy may actually be forming”.  I can’t remember the last time that I saw a CNN article with a headline like that.  But at this point, it is becoming extremely difficult for the mainstream media to avoid the truth.  Inflation is getting worse at the same time that many key sectors of our economy are slowing down.  If you thought that the l ..read more