Fri, 24 November 2017
The House has passed their version of tax reform and now the senate is working on their version of the bill. Will the republicans get a bill through by year end? This bill has gotten a lot of criticism from the media now don’t get me wrong this bill has a lot to be desired to get a truly great bill but it does have some good things in it. Most people are saying this bill only helps the rich, this is lie! This bill helps every income bracket by reducing your taxes. But what’s more important than cutting taxes right now…it’s cutting government spending! All government spending is a tax so that should be the first thing addressed and I don’t hear anyone on Capitol Hill talking about it!
Fri, 10 November 2017
Who holds more U.S. Treasuries than anyone else? Hint: It’s not China…Also, new Fed Chairman Powell is just more of the same and will continue the destructive policies at the FED!
Most people think that China is largest holder of our debt and so everyone is very worried about China and if they decide to dump U.S. treasuries. But China isn’t the largest holder of U.S. Treasuries, it’s the Federal Reserve! They own more than double what China owns! Also, Trump has made his choice for the new fed Chairman, Jerome Powell. Powell is not an economists but he really is more of the same and he seems like he fits right in the middle between a Bernanke and Yellen. Protect yourself from the destructive Federal Reserve!