You can’t make this stuff up. Millions are without power and New York Gov. Cuomo (the king of blue state Govs gone wild) blames it on the utility companies. Welcome to Chernobyl. Now, Cuomo’s hitwoman, Attorney General Letitia James, is going after the NRA. This is on the heels of his handwringing about lost tax revenue. News to Cuomo: How New Yorkers live their lives shouldn’t be your problem, especially when you send the sick to nursing homes. Stupid people follow stupid orders; smart ones figure out how to protect their family. Buying guns is one way, as De Blasio guts the police. … [Read more...]
Your Retirement Life: “You Want Maine Lobster”
You’re telling me you want Maine Lobster. Lucky you, you’ve come to the right place. Allow me to set your table. Before we dig in to that sweet, juicy, mouth-watering bite of warm buttered lobster, a word to the wise: Bigger isn’t necessarily better. It just means bigger, and oftentimes, bitter. The sweet spot is 1 1/2 lbs, give or take, and if you like the delectable red roe (coral), a female is for you. Call our local seafood market before 5 pm, and they’ll steam ‘em for you or call our friends at the Trenton Bridge Lobster Pound, and they’ll ship ‘em live to your door. Now, in terms of … [Read more...]
Americans Want Guns Now More than Ever: Will They Elect Anti-Gun Politicians?
You might be one of the millions of Americans who have purchased a gun this year. If you're reading this site, it's even likelier. I have always encouraged you to get your guns and your training now, and millions of Americans are doing just that. They are scared of riots, and politicians who want them to defund the police forces they rely on for safety. In response, gun sales are soaring. The Wall Street Journal reports: There’s nothing like nationwide protests and a murder surge in major cities to cause a spurt of new gun sales. Gun controllers may want to rethink their 2020 … [Read more...]
The Wealthy Escaped the City: Politicians Beg them to Come Back and Pay Taxes
You might not believe how lopsided New York City's tax system is, but here you can read it in the words of the governor of New York State, "A single per cent of New York’s population pays half of the state’s taxes and they’re the most mobile people on the globe." Gov. Andrew Cuomo is begging wealthy New York City residents to return to their city homes so they can be taxed by the city's income tax surcharge. To fight the pending deficit the city is facing, many city politicians want to tax those who remain even more, but Cuomo knows this is a bad idea. The Daily Mail reports: It is … [Read more...]
Lott Debunks Gun Control Myths
You have undoubtedly heard some "analyst" on a major media network say that the U.S. has more mass shootings than anywhere else in the world. John Lott, who famously wrote the book, More Guns, Less Crime, has written a new volume, titled Gun Control Myths. In the new book, Lott breaks down media-driven myths like the one about mass shootings, examines the data, and debunks them. At National Review, Robert Verbruggen reviews Lott's new book, writing: In a heavily publicized study, the researcher Adam Lankford purported to count all the mass shootings across the world since 1966, and he … [Read more...]
Pension Funds in Blue States are Playing You
If you are relying on a pension fund in a blue state, you're being played. Blue states that have mismanaged their fiduciary obligations are playing the country, waiting for the finish line, aka a federal bailout. The expected return targets of most of these pensions are 7%, on balanced portfolios. You can see from the chart of 10-year Treasuries below that the current state of fixed income is not supportive of those expectations. So pension managers must be relying on the stock market, which has recently endured its third major collapse in less than twenty years. The return expectations … [Read more...]
Europe’s Lockdowns Did Little but Cause “Economic Catastrophe and Untold Human Suffering”
You may be one of the Americans who has suffered in a blue state as governors have gone wild, taking their emergency powers to new extremes. Your business may have been shuttered by their mandates. Your children were sent home, away from their friends and teachers. You may have lost your job. You aren't alone. Millions of Americans are suffering the same plight, along with possibly billions around the world. According to Dr. Ron Paul, former congressman, and presidential candidate writing at LewRockwell.com, in Europe, citizens are "realizing that their government-mandated lockdowns did … [Read more...]
Gold Prices are Soaring: Here’s Why
Owning gold is like owning some insurance in your investment portfolio. When times are uncertain, its price may go up while others are going down. It has always made a great deal of sense to own gold, but now more than ever its price is rising. Joe Wallace explains why gold's price is soaring in The Wall Street Journal: The main reason is this year’s precipitous drop in yields on U.S. Treasurys to levels below the expected pace of inflation. Unlike bonds or bank deposits, gold doesn’t pay any income. As a result, owning gold means missing out on yields from other assets when interest … [Read more...]
Survive and Thrive August 2020: The Clock is Ticking: You Must Protect Your Family
Dear Survivor, If you live anywhere near Chicago/Seattle/Portland, you’re asking me, how much longer will it take for them to come to my neighborhood? Recently over one weekend in Chicago dozens of people were shot, nearly 20 of them fatally. In Seattle, twelve police officers were hurt in violent protests. And in Portland, the Police Association office was burned. What a weekend. Listen, the clock is ticking for you to do everything you can to make you and your family a hard target. In other words, as difficult as possible to damage you or a loved one. Thugs like easy targets. When … [Read more...]
Americans Spark Lumber Shortage in Escape from the City
You have read about the lumber shortages facing America as economic activity heats up. Americans escaping the city have initiated a housing boom that is creating lumber shortages. The Wall Street Journal reports on one woodworker here in Newport, RI that ordered four times the lumber he normally would, and still didn't have enough. The Journal explains: When woodworker Michael Hendershot stocked up with lumber in March ahead of building season, he feared the coronavirus pandemic would disrupt the supply of wood more than demand for fences, decks and cabinets. He multiplied his usual order by … [Read more...]