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Yellen Says Taxpayers Can Cover the US Deficit

I reported how the US deficit reached the third-highest on record after surpassing $1.83 trillion. Instead of questioning why the deficit rose 8% in a single year, the government believes that the taxpayers should simply pay MORE into the failing system. Treasury Secretary Janet Yellen declared that she is not concerned about the widening deficit. […]

New Tax Brackets for 2025 – Last Year of Trump Tax Cuts

The Internal Revenue Service (IRS) released new tax bracket information for 2025. Most tax thresholds increased by 2.8% compared to 2024. The report, released ahead of the election, claims these changes will prevent “bracket creep” where inflation propels taxpayers into higher brackets. However, the tax breaks imposed under former President Donald Trump come to an […]

Tensions Heat Up As North Korean Troops Arrive in Russia

Defense Secretary Lloyd Austin confirmed yesterday that North Korea has deployed troops to Russia. “That is a very, very serious issue and it will have impacts not only in Europe, it will also impact things in the Indo-Pacific as well,” Austin warned. Zelensky is now panicking as two nations with nuclear capabilities are fighting against […]

Bill Gates Indicted & Donates $50 Million to Harris

  Will Gates show up in the Netherlands? If he refuses, he will have to be extradited. Then, the Biden administration would either send him in chains or refuse to give him up. Is that what the $50 million is for? Protection? He knows RFK and Trump would send him as fast as possible in […]

Market Talk – October 23, 2024

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 307.10 points or -0.80% to 38,104.86 • Shanghai increased 16.94 points or 0.52% to 3,302.80 • Hang Seng increased 261.20 points or 1.27% to 20,760.15 • ASX 200 increased 10.30 points or 0.13% to 8,216.00 • SENSEX decreased 138.74 points […]

PRIVATE BLOG – Gold & the Government’s Nightmare

PRIVATE BLOG – Gold & the Government’s Nightmare Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/

Switzerland is No Longer Neutral

“Neutral like Switzerland” can no longer be a saying as the Swiss government has announced it is joining the European Sky Shield Initiative (ESSI) to develop a shared missile defense system across Europe. Switzerland is neither an official member of the European Union nor a member of NATO. Yet, the nation forfeited its neutrality stance […]

Are Illegal Migrants Entitled to Medicaid?

Kamala Harris and Joe Biden have declared that illegal migrants may have access to Medicaid in a move that will cost billions. Individual state rights are coming into play once again, but how do individual states manage a federally funded program? Estimates believe over 21 million people have entered the United States since 2022, but […]

US Budget Deficit Third-Highest on Record

The United States Treasury reported a $1.833 trillion budget deficit for the fiscal year ending September 30. This marks the third-highest deficit on record, but it is solely due to government spending. The highest deficit happened in 2020 during the disaster of COVID, and second behind is the clean-up year of 2021 when the deficit […]

Market Talk – October 22, 2024

  ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 542.64 points or -1.39% to 38,411.96 • Shanghai increased 17.76 points or 0.54% to 3,285.87 • Hang Seng increased 20.49 points or 0.10% to 20,498.95 • ASX 200 decreased 138.70 points or -1.66% to 8,205.70 • SENSEX decreased 930.55 […]