The FBI recently released a report detailing $12.5 billion lost to scammers online in 2023. CNN's Sean Lyngaas reports: A record $12.5 billion in losses from online scams were reported to the FBI in 2023, fueled by a surge in cryptocurrency investment fraud, the bureau said in a report released Wednesday. It’s a more than $2 billion increase in total losses from scams reported in 2022 and by far the highest tally of losses from digital scams since the FBI began reporting on the subject more than two decades ago. “Profit-driven cybercriminals and nation-state adversaries alike have the … [Read more...]
Can Blue City Politicians Defeat the Chaos They Created?
On Tuesday, San Franciscans showed the world that they have had enough of the chaos and lawlessness in their city by passing two ballot measures that aimed at cleaning up the city's streets. The passage of the ballot measures upset progressives but was lauded by the city's moderate Democrats, who are funded by its wealthy tech executives. Fox News's Gabriel Hays reports: The first of the two ballot measures, Proposition F, requires drug screening for people receiving public benefits and would force drug addicts to go into treatment if they want to continue receiving those benefits. The … [Read more...]
CONSTITUTIONAL CARRY: Louisiana 28th State to Protect 2nd Amendment
Over the last few years a number of states have joined the ranks of those protecting the Second Amendment rights of their citizens by passing laws explicitly allowing permitless carry of a firearm, either concealed, open, or both. Louisiana has just become the 28th state to protect those rights, with Governor Jeff Landry signing Senate Bill 1 into law on March 5. America's 1st Freedom magazine detailed the signing of the legislation, writing: The ranks of constitutional carry continue to grow as Louisiana recently became the 28th state to join. “Today, we join 27 other states in … [Read more...]
America Is Spending More than It Will Make
When you make your family budget, you don't normally factor in spending that you won't be able to fund. If you do, that means taking on debt, and eventually, that option closes to you. So why are America's elected officials promising to spend more than the country can afford for the next few decades? At the Cato Institute, Adam N. Michel explains that America's "fiscal trajectory is unsustainable." He writes: Looking only at current taxes obscures the fact that the US federal government has run a budget deficit every year since the early 2000s, financing higher spending levels through … [Read more...]
A $16 Dollar Cheeseburger?
Rising costs are pushing independent restaurants to the edge of viability in many areas. The outrageous prices restaurants must charge to cover their costs, like $16 cheeseburgers, are driving customers away. Heather Haddon reports in The Wall Street Journal: A $16 bacon cheeseburger may not be enough to save your neighborhood bar and grill. Independent restaurants are on financial life support, owners say, squeezed between escalating payroll costs and diners’ dwindling tolerance for ever-higher checks. Wages for waitstaff, table bussers and line cooks will grow more expensive for many … [Read more...]
Is Minimum Wage the Chicken or the Egg?
You will often hear arguments over the minimum wage in an inflationary environment. Some argue that higher prices mean people need to be paid more. And other argue that higher pay for employees will push up the prices of goods and services, like $16 cheeseburgers. But when states lock in minimum wages, one thing is certain: prices may stabilize, but it will be a lot harder for them to go back down. Like a ratchet, price floors lock the economy out of declining prices. This year, twenty-two states will raise their minimum wage. You can see the increases on the map below from the Economic Policy … [Read more...]
Why This Is My Number 1 Super State
As you can see in Your Survival Guy's 2024 Super States, my number one state, New Hampshire, is a beacon of freedom in New England. Some of the wealthier bring their money with them to live free or die in NH, while others make a border crossing to ply their trade in Massachusetts. Look at how government in Massachusetts crowds out private businesses thinking it knows best. If you want to see government make a billion dollars start with three. When your government starts talking about AI, run. Jon Chesto reports in The Boston Globe: Governor Maura Healey on Thursday unveiled details of how … [Read more...]
Staggering U.S. Debt Growth: $1 Trillion Every 100 Days
You know America's voters are scared of the massive debt load being piled up in Washington, D.C. Now, reports CNBC's Michelle Fox, America is stacking up $1 trillion in new debt every 100 days. She writes: The debt load of the U.S. is growing at a quicker clip in recent months, increasing about $1 trillion nearly every 100 days. The nation’s debt permanently crossed over to $34 trillion on Jan. 4, after briefly crossing the mark on Dec. 29, according to data from the U.S. Department of the Treasury. It reached $33 trillion on Sept. 15, 2023, and $32 trillion on June 15, 2023, hitting this … [Read more...]
Your Survival Guy’s 2024 Super States: Time to Flee?
Your Survival Guy’s 2024 Super States is in, and I wonder: Is it time to flee? Because this is the beginning stages of a tectonic shift in America. You and I know the moving vans are gassed up and running. They’re ready to leave the big, blue-blob states on both coasts and elsewhere. No longer are “flyover” states the forgotten states of America. They are lands of opportunity, right there, ready for the pickin’ of freedom-loving citizens looking for the way of life they love. The exciting part is you’re not alone, as others are seeking the same thing and will welcome you with open arms (maybe … [Read more...]
Is It Any Wonder Residents Are Leaving New Jersey?
Is it any wonder residents are leaving New Jersey? The Wall Street Journal's editorial board explains Governor Phil Murphy's epic flip-flop on the state's corporate surtax. They write: New Jersey Gov. Phil Murphy on Tuesday proclaimed the resurrection to much jubilation in Trenton. Lo, he plans to revive a corporate 2.5% surtax that lapsed a mere two months ago. The Governor’s $55.9 billion budget for the next fiscal year includes a “new dedicated funding stream to support NJ TRANSIT.” That is, a 2.5% tax on corporate income above $10 million, which would be on top of the state’s current … [Read more...]
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