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California’s Billionaire Tax and State-to-State Flight
Bob lays out California’s proposed 5% wealth tax on billionaires, using it to explain why taxes on wealth are especially destructive, how different tax structures change incentives, and what recent migration data says about people voting with their feet.
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Mar 27, 2026 / Tyler Durden
Schiff: "Real Rates Are Going To Collapse"; Dollar Confidence Crisis
Schiff: "Real Rates Are Going To Collapse"; Dollar Confidence Crisis
Gold or Bitcoin: which can anchor the next reserve system?
Last night, in a ZH debate hosted by Real Vision's Ash Bennington, Peter Schiff argued for gold’s role as the future global reserve currency, while Mark Moss made the case for Bitcoin, arguing that it is gaining traction on sovereign balance sheets as of 2025.
They covered America's dwindling reserve status, fundamental monetary properties, and the nature of governments. Here were some highlights for those short on time:
Gold: Tried and True
Schiff argued that...
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Apr 5, 2026 / Tyler Durden
Third Order Effects Begin: U.S. Airlines Hike Bag Fees As Jet Fuel Prices Spike
Third Order Effects Begin: U.S. Airlines Hike Bag Fees As Jet Fuel Prices Spike
The New York Harbor jet fuel benchmark has doubled in just five weeks as the aviation fuel crisis spreads from airport to airport worldwide following ongoing disruptions at the Hormuz chokepoint. The third-order effects of that energy shock began to materialize this past week, with major U.S. airlines raising checked-bag fees to offset soaring fuel costs.
United Airlines and JetBlue Airways, two major U.S. carriers, raised checked-baggage fees for domestic travel this week as they begin...
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Jun 23, 2026 / Tyler Durden
Obama-Appointed Judge Dismisses Federal Government's Lawsuit Challenging Los Angeles Sanctuary City Policy
Obama-Appointed Judge Dismisses Federal Government's Lawsuit Challenging Los Angeles Sanctuary City Policy
Authored by Aldgra Fredly via The Epoch Times,
A California judge has dismissed the federal government's legal challenge to Los Angeles's sanctuary city ordinance that restricts the use of city resources to assist federal immigration enforcement.
People in the audience hold up signs as the Los Angeles City Council considers a "sanctuary city" ordinance during a meeting at City Hall in Los Angeles on Nov. 19, 2024. Etienne Laurent/AFP via Getty Images
U.S. District Judge Fernando Olguin of the Central District...
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