As Businesses Flee The Violence, Will Major U.S. Cities Be Transformed Into Economic Wastelands?

Urban communities all over the U.S. are now facing the possibility of a mass exodus of businesses, and many local leaders are freaking out because they realize what such a mass exodus will mean for their cities.  In the aftermath of George Floyd’s death, peaceful protests were held in more than 300 cities all across America, and a recent CNN poll found that 84 percent of all Americans supported those peaceful protests.  Unfortunately, rioting, looting and violence also erupted in major cities from coast to coast, and very little was done to suppress that violence.  As a result, the core areas of many of our largest cities now resemble war zones, and in the months ahead there will be a constant threat that the violence could flare up again at any time. (Read More...)

Flooding Damage From Jonas Will Cost Billions And Is Being Described As ‘Worse Than Hurricane Sandy’

Flooding - Photo by the National GuardThe economic damage done by winter storm Jonas looks like it is going to be much higher than many had originally anticipated. As you will see below, Moody’s Analytics is projecting that up to 3 billion dollars of damage has been done, and USA Today is reporting that the flooding along the New Jersey and Delaware coasts was “worse than Hurricane Sandy in 2012”. So all of those that are mocking Jonas as “just a snowstorm” don’t really understand what they are talking about. Large numbers of homes, businesses and vehicles were destroyed – especially right along the coast. This was a major disaster, and it is going to take months of work for many of the affected areas to fully recover. (Read More...)

You Could Be Fined 250,000 Dollars If You Offend A Transgender Woman In New York City

Political CorrectnessPolitical correctness is officially out of control in New York City. According to brand new rules that were just issued by the New York City Commission on Human Rights, you could potentially be fined $250,000 if you purposely offend someone that is transgender. This includes such offenses as calling a transgender woman “him” when she wants to be called “her”, or not allowing a transgender woman to use the women’s bathroom. These guidelines are particularly focused on the behavior of landlords, employers and businesses, but they will undoubtedly create a chilling effect on speech all throughout New York City. (Read More...)

Why Are The Chinese Gobbling Up Real Estate And Businesses In Detroit?

Detroit Michigan at Milwaukee Junction looking southwest at Russell Industrial Complex - Photo by no body atollSomething very strange is happening to Detroit.  Once upon a time, it was the center of American manufacturing and it had the highest per capita income in the United States.  But now the city is dying and the Chinese are moving in to pick up the pieces.  Lured by news stories that proclaim that you can buy homes in Detroit for as little as one dollar, Chinese investors are eagerly gobbling up properties.  In some cases, this is happening dozens of properties at a time.  Not only that, according to the New York Times “dozes of companies from China” are investing in businesses and establishing a presence in the Detroit area.  If this continues, will Detroit eventually become a city that is heavily dominated by China? (Read More...)

20 Examples Of How America Is Rapidly Going Down The Toilet

Toilet - Photo by Tenzinx3Deep corruption is eating away at every level of American society like cancer.  We can see this in our families, we can see this in our businesses, and we can especially see this in our government.  We have the highest rate of divorce in the world, we have the highest rate of teen pregnancy in the world, we have the highest rate of obesity in world, and nobody has higher rates of cancer, heart disease and diabetes than we do.  The suicide rate is soaring and our economy is falling apart.  Meanwhile, our politicians seem absolutely clueless and we have piled up the biggest mountain of debt that the world has ever seen.  Has America ever been in such bad shape before?  The following are 20 examples of how America is rapidly going down the toilet… (Read More...)

19 Examples Of How Control Freaks Are Killing America With Their Completely Ridiculous Regulations

The control freaks are winning, and they are absolutely killing America.  Our founding fathers intended to establish a nation where Americans would be free to pursue “life, liberty and the pursuit of happiness” in an environment where freedom was maximized and government interference was minimized.  Unfortunately, our nation has turned away from those principles and is now running 180 degrees in the other direction.  For some reason, our political system tends to attract psychotic control freaks that want to micromanage our lives and make most of our decisions for us.  These control freaks are actually convinced that freedom and liberty are “dangerous” and that there should be a rule or a regulation for just about everything.  This is not just happening on the federal level either.  The truth is that the control freaks are often the worst on the local level.  When you add up the red tape on all levels of government, we literally have millions of laws, rules and regulations in America today.  All of this red tape is suffocating our businesses, destroying our liberties and our freedoms, and slowly sucking the life out of all of us.  If we ever want to have any hope of restoring America to what it once was, then we have to start doing something about this horrific mountain of red tape. (Read More...)

The Beatings Will Continue Until Morale Improves: 10 Ways That Obama Is Killing Jobs In America

Have you ever heard the old saying “the beatings will continue until morale improves”?  According to Wikipedia, that phrase is often “used sarcastically to indicate the counterproductive nature of such punishment or excessive control over subordinates such as staff in the workplace or children living at home.”  Well, apparently Barack Obama believes that the more punishment that he inflicts on the U.S. economy the more we will like him.  What other explanation is there for his insane economic policies?  The truth is that Barack Obama is killing jobs in America.  His regulations are absolutely crippling our businesses, he has been heavily promoting new job killing “free trade” agreements, Obamacare has the potential to be the most job killing law of all time, and he is running up debt that will crush job creation in this country for ages to come. Obama will likely go down as the most anti-business president in U.S. history.  He has presided over the worst “recovery” from a recession in post-World War II history, and under his leadership a whole host of economic statistics have steadily gotten worse.  The percentage of working age Americans that have jobs has not bounced back since the end of the last recession, and now the next major economic crisis is rapidly approaching. (Read More...)

The Real Obama Budget Deficit For 2011: 5 Trillion Dollars

If the U.S. government used the same accounting methods that most U.S. businesses use, the real federal budget deficit for last year would have been 5 trillion dollars instead of 1.3 trillion dollars.  So where does the huge difference come from?  I think a simple illustration would be helpful here.  When you go shopping, do you only count the transactions where you use cash, or do you also count the transactions where you signed on the dotted line and promised to pay later?  Of course you count both of them.  Well, the U.S. government does not count promises to pay later when calculating budget deficits.  The “official” Obama budget deficit for 2011 was 1.3 trillion dollars, but according to USA Today when you add in the rise in liabilities for Social Security, Medicare and other retirement programs that adds another 3.7 trillion dollars to the total.  Those are future financial promises that we have made that future taxes are not expected to cover.  This analysis by USA Today squares very well with what analysts such as John Williams of shadowstats.com have been saying for years.  The truth is that our federal budget deficits have actually been far worse than we have been told. (Read More...)