US Launches Another Airstrike in Somalia as Trump Continues Ramped Up Bombing Campaign

Money-Supply Growth Accelerated In July To A 59-Month High Authored by Ryan McMaken via The Mises Institute, Shortly after becoming the new Fed chairman, Kevin Warsh has admitted that it's been more than five years since the Federal Reserve hit its two-percent price-inflation target. Warsh has also claimed that he'll change that, and he'll bring down price inflation very soon. But if Warsh is serious about price inflation he's going to have to make some pretty substantial changes. After all, the Fed's preferred price-inflation measure (core PCE) was up by 3.7...

The $1.5 Million Rich Kid Socialist: NYC-DSA Co-Chair Gustavo Gordillo Lives The Revolution From Daddy's Townhouse Gustavo Gordillo wants you to believe the system is broken. He wants landlords punished, private property redistributed "from landowners to the landless," and double-digit returns on investment declared unconstitutional. He wants New York City to stop being a "playground for the rich." He wants grocery stores that can't compete with government-run ones to simply close. And he wants you to see him as a blue-collar union electrician fighting for the working class. What he...

Eat The Rich: Sanders And Khanna Introduce Federal Billionaires Tax Authored by Jonathan Turley, “Enough is enough.” With those words, Senator Bernie Sanders (I., Vt) launched a push to impose a 5% annual wealth tax on America’s billionaires. With Rep. Ro Khanna (D., Cal.), the legislation, “Make Billionaires Pay Their Fair Share Act,” echoes the growing “eat-the-rich” mantra on the left — seeking to replicate a disastrous push in California that has led to an exodus from that state and an estimated loss of $2 trillion in taxable assets. It is also flagrantly...