With only four more months left in office, President Barack Obama and his Democratic cronies are doing everything they can to transform the United States into a Third World country. The latest twist in their plan to turn America into a socialist basket case involves giving illegal immigrants “free” health care, while giving nothing to […]
Trump economic plan STUNS critics
Republican presidential candidate Donald Trump has made a fortune with a savvy eye for investing, and well-planned business deals. Trump has attached a price tag to an economic vision for America and is promising what many economists say is impossible: lower taxes, a dramatic expansion in some federal programs and a slimmer government running a […]
Disgraced bank exec gets HUGE payday
Wells Fargo’s dirty scheming has seemingly caught up with the company. But don’t expect the bank’s executives to pay. California and federal regulators fined Wells Fargo a combined $185 million last week, alleging the bank’s employees illegally opened millions of unauthorized accounts for their customers in order to meet aggressive sales goals and get bonuses. […]
Teachers’ unions tremble as Trump declares war
Republican presidential candidate Donald Trump’s education speech on Thursday has conservatives cheering and moderate voters paying close attention — especially because his promises have unpopular teacher’s unions across the country furious. The Republican presidential nominee announced plans to spend $20 billion during his first year in office to help states expand school choice programs, which […]
$487M Powerball winner to announce big plans
Attorneys for the winner of a $487 million Powerball jackpot are announcing the winner’s philanthropic plans for the money. The winning ticket for the July 30 drawing was sold at a supermarket in Raymond, New Hampshire, a town of about 10,000 residents. The New Hampshire Lottery says attorneys will come forward on Monday. It’s unclear […]
Email providers suppress conservative news
There’s been a lot of talk about liberal bias in the media — but it looks like the bias doesn’t end there. Some of the largest tech companies in the world seem to be conspiring to make sure news from conservative sources never reaches your inbox. Every day, increasingly more Americans are turning to the […]
Here’s Why High Yield Bonds Are Much Riskier Than Most Investors Realize
By Michael Lewitt Editor, Sure Money Money Map Press The high‐yield bond area has been a Petri dish for misapplied financial theories and assumptions for years. High yield bonds are properly understood as hybrid securities that possess the characteristics of both debt and equity. Yet most investors in this asset class focus on the “spread” at […]
Facebook cracking down on anti-conservative bias
Facebook is promising its days of anti-conservative bias are over — but the proof will be in the pudding. The company is taking new steps to reduce the role of human judgment in its “Trending Topics” feature, which drew controversy earlier this year over claims the service was suppressing conservative views. Although it denied bias, […]
This Looks Like the Set-Up for a Bond Bloodbath
By Michael Lewitt Editor, Sure Money Money Map Press The move of more than $12 trillion of global debt into negative-yielding territory is directly at odds with the argument that the global economy is healthy. The same is true of the drop in U.S. Treasury yields. Real per capita GDP has risen by a mere 1.3% […]
Eight Reasons to Dump Your Equities Right Now
By Michael Lewitt Editor, Sure Money Money Map Press Both the U.S. and global economies are suffocating under the crushing weight of debt. The retarding effects of debt are further exacerbated by the growing regulatory burdens placed on businesses in the U.S. and Europe by voraciously expanding governments. Sluggish growth will continue until radical policy changes […]
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