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News & Articles By JD Heyes
05/04/2020
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By JD Heyes
Big government fail: Publicly traded companies snagged $1 billion in coronavirus relief funds meant for small businesses
If you ever needed another example of why it’s foolish to rely on big government to ‘solve our problems,’ this should do the trick. As most readers know, in late March Congress passed a “coronavirus stimulus package” worth some $2.2 trillion, and part of that money was supposed to be spent keeping small businesses afloat […]
05/03/2020
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By JD Heyes
Coronavirus pandemic leads to cratering of Airbnb bookings, setting U.S. up for another housing bust like the “Great Recession”
The development of the Airbnb concept was touted as the next wave in the hospitality industry, driven by a Silicon Valley-powered network and good old-fashioned principles of capitalism. Would-be entrepreneurs borrowed money to buy new properties they could ‘rent out’ as the virtual bed-and-breakfast idea took flight. “At first it works. Your properties fill up, […]
04/23/2020
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By JD Heyes
McConnell says he favors allowing states to go bankrupt, but that would mean pensioners get SHAFTED
For decades, mostly Democrat-run states have won favor — and votes — among key political constituencies by padding their pensions. But as the tax base in many of these states dried up as people fled high levies and high prices — Illinois, New Jersey, and Connecticut come to mind — elected leaders were still left […]
04/21/2020
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By JD Heyes
Can you say “fraud?” Large companies stepping in to take coronavirus relief loans meant for SMALL businesses
The biggest problem with showering the country with money under the guise of trying to provide ‘relief’ for people, whether it’s the economic crisis of 2009 or the Wuhan coronavirus (COVID-19) pandemic, is that such helicoptering of money rarely comes off as efficient. What’s more, when there are literally trillions of dollars up for grabs, […]
04/16/2020
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By JD Heyes
Dems propose ENDLESS helicopter money during the pandemic, just pay everybody to stay home… this is NOT an economy
Democrats are continuing to use the Wuhan coronavirus (COVID-19) pandemic to advance their Left-wing agenda of socialism, which will not only prolong the economic fallout but will actually propel the country into perpetual depression. Prior to the outbreak, hard-core Leftist Democrats were pushing a scheme known as ‘basic universal income,’ where by the federal government […]
04/13/2020
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By JD Heyes
Are you ready for the big pension fund bailout of 2020? Governors who imposed coronavirus lockdowns now want taxpayers to cough up $500 billion
We’ve been carefully monitoring the fiscal health of several states with mounting pension fund debt for several years because a couple of them have been teetering on the edge of bankruptcy. One of them was California, but thanks to the omnipresence of successful tech start-ups in Silicon Valley, the state’s Democrats who created the pension […]
04/11/2020
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By JD Heyes
Nearly a half-million Chinese businesses go bankrupt after mandatory closures and quarantines over coronavirus
Without a doubt the Communist Chinese government has lied to the world about Wuhan coronavirus (COVID-19), and especially its severity. But the government there has also covered up the impact the pandemic has had on the country and the Chinese people themselves thanks to the authoritarian policies the regime put in place to try and […]
04/05/2020
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By JD Heyes
Liberal states facing a COLLAPSE of state incomes thanks to coronavirus shutdowns: Will pensions collapse, too?
The longer the Wuhan coronavirus (COVID-19) pandemic lasts, the longer governors and mayors will keep ‘stay-at-home’ policies in place, and the longer those last, the longer ‘non-essential’ businesses will be closed and Americans will be laid off from their jobs. And the longer states will be starved for income taxes, which is creating a new […]
04/02/2020
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By JD Heyes
Jobless claims in the U.S. hit 6.6 million… prepare for the “Great Depression” of the 2020s thanks to massive coronavirus layoffs
To say that the employment situation in America is bad and getting worse is probably the understatement of the year. After mayors and governors have shut down most of their cities and states around the country, ordering businesses deemed “non-essential” to close their doors in an effort to help contain the Wuhan coronavirus, most rational […]
03/28/2020
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By JD Heyes
U.S. financial markets are so fragile that now people who describe expected corrections are BLAMED for causing the crash
In today’s topsy-turvy world, up is down, down is up, and speaking the truth is bad. Because hearing the truth is painful. In recent days, noted investor Bill Ackman, founder of Pershing Square Capital Management, said that it is imperative President Donald Trump order the complete shutdown of the entire country for 30 days or […]
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