Legislation introduced in Congress recently would define the U.S. dollar as a fixed amount of gold, a move that supporters say would help stabilize the monetary system while protecting savers, workers, and investors from the ravages of inflation. If signed into law, the bill would also restrict the ability of the controversial Federal Reserve System to confiscate the American people's wealth and manipulate the economy by expanding the currency supply. President Donald Trump has publicly supported the idea of returning to a gold-backed dollar, but the prospects for the new legislation remain uncertain.
Progressives are opposed to the likely choice to head the New York Federal Reserve because he’s a white male, but the object of their ire should be the Fed itself.
The mass-murdering communist dictatorship enslaving Vietnam is urging the U.S. government to join the controversial Trans-Pacific Partnership (TPP), a pseudo-free trade regime that was set to ensnare a dozen nations around the Pacific rim under a single regional governance structure beyond the reach of voters. Blocked by President Donald Trump early in his presidency to fulfill one of his key campaign pledges, the TPP morphed into the nearly identical “free-trade” scheme known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed by the remaining nations on March 8. But now, the effort to shackle America to the sovereignty-stealing “trade” regime is making a comeback, with senior U.S. officials and Trump making noises about potentially joining. And the murderous communist leaders of Vietnam, who just got a new round of U.S. military aid in the omnibus, could not be happier.
New claims for unemployment insurance dropped last week to the lowest level in 45 years, as the performance of the economy continues to astound Democrats and delight Republicans who voted for tax cuts and tax reform.
Remington Arms Company — America's oldest gun maker — will survive bankruptcy proceedings. Under new and more capable management it may even thrive.