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Potential Proxy War in Venezuela

No one blinked when Venezuela declared itself at war with the US. President Trump said he would not bother declaring a war against the drug cartels, opting to simply kill any potential smugglers. Venezuelan President Nicolas Maduro was labeled a terrorist by US intelligence agencies this week. The West showed no concern over the matter,

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Will Powell Finish His Term?

Donald Trump sees the economy through the lens of a borrower. He does not understand the perspective of lenders, no less the central bank. Trump recently mocked that Federal Reserve Chairman Jerome Powell had “some real mental problems” and is “grossly incompetent.” Treasury Secretary Scott Bessent came forward on Tuesday and said there is a

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Jobs and Rates – Down and Up

The Bureau of Labor Statistics will release its delayed jobs report on December 16, nearly a week after the Federal Open Market Committee meets to discuss rates. The latest ADP data suggest that payrolls are continuing to contract. Private companies have shed an average of 13,500 employees per week over the past four weeks. The

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29% of Low-Income American Households Live Paycheck-to-Paycheck

Around 29% of low-income American households are currently living paycheck to paycheck, according to a new study by the Bank of America Institute, up from 23.5% in 2024. Spending on necessities such as groceries, utilities, housing, autos, and credit cards now exceeds over 95% of household income for over a quarter of Americans. The poor

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Trump’s 28-Point Peace Plan

Peace is on the table—my detailed outline for ending the Russia-Ukraine-NATO war has been read and received by Moscow and Washington. Peace only emerges when both sides have something to gain and nothing to lose by walking away from war. Washington is listening; the Trump Administration’s 28-point peace plan for Russia successfully changed the narrative

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