NEWS

Authored by Ryan McMaken via The Mises Institute,

Weakness in the US economy continues to hide behind surging debt levels and government spending. As noted last month by Daniel Lacalle, 

This trend is continuing at least into the first quarter of the new fiscal year, as it is apparent that total public debt isn't slowing down. 

According to the latest monthly statement from the Treasury Department, the total budget deficit for the 2024 fiscal year (which began October 1) has already risen above $380 billion. The new total, which includes the months of October and November, puts the US on track for a total annual deficit of more than $2 trillion by the end of the fiscal year. That would be an increase of more than 25 percent over 2023 fiscal year, which was itself a 23 percent increase over 2022. 

A 2024 annual deficit of $2 trillion would make 2024's deficit the third-largest deficit ever, behind only 2020 and 2021 during which federal spending in covid-related social benefits were seemingly unlimited. 

Comparing the same two-month period over the previous decade, the totals also suggest deficit spending in 2024 will lag only the covid years (more…)

Authored by Olivia Murray via AmericanThinker.com,

It’s that time of year again! Time to celebrate the birth of Jesus, gather with family and friends, make gingerbread houses, go Christmas caroling, play in the snow, and… remind yourself how much your government absolutely hates you.

Don't forget, every holiday season is also time for Rand Paul's annual Festivus Report. and this year, for the ninth report.

Paul highlighted nine hundred billion dollars in (more…)

Rapper "Ye," formerly Kanye West, unexpectedly apologized to "the Jewish community" in an Instagram post on Tuesday morning. 

"I sincerely apologize to the Jewish community for any 'unintended outburst.' It was not my intention to hurt or demean, and I deeply regret any pain I may have caused," Ye (or maybe his PR agent) wrote in a post in Hebrew. 

Ye continued: "I am committed to starting with myself and learning from this experience to (more…)