Senator Bernie Moreno, a Republican, is co-sponsoring legislation with Elizabeth Warren to eliminate the Social Security payroll tax cap. For self-employed Americans and high earners, that is not a reform. That is a 52 percent tax rate dressed up as compassion.
Credit card stress at Great Recession levels, consumer sentiment in the gutter, prices up coast to coast, and the official line from Washington is that everything is basically fine. I don’t care which party is doing the gaslighting. A lie is a lie.
The Department of Justice, run by Trump’s personal attorney, just created a $1.776 billion taxpayer-funded fund after settling a lawsuit that was days away from being thrown out of court. If this does not make your blood boil, you have not been paying attention.
They told us it was coming, and right on schedule the trial balloons are in the air. Stimulus checks are being floated again, wrapped in economic pain that is real, driven by political motives that have nothing to do with helping you.
Your brain is running against you every time you make a financial decision, and the brokerage industry built an entire business model around exploiting exactly that. I’ve been watching this con for decades.
Six point two million people fraudulently enrolled in Obamacare still have their coverage intact, while I am paying forty thousand dollars a year and fighting to get a basic scan approved. This is not a broken system. This is a rigged one.
Wall Street loves a good war trade, and right now plenty of people are positioning for $150 oil like it’s a foregone conclusion. I’ve seen this movie before, and it doesn’t end the way they think.
The financial press handed out confetti over May’s jobs report like it was New Year’s Eve. But when you strip away the government hires and the hotel staff additions, the picture gets a lot less festive.
Eighteen-year-old college athletes are blowing NIL money on Bentleys for prom while advisors and agents stand around collecting their cut and saying nothing. This is financial malpractice dressed up as lifestyle management.
A former chemical plant worker convinced a bank and hundreds of investors that he was running one of the biggest cattle operations in the country. It was a ghost herd, and 170 million dollars disappeared. I’m going to show you exactly how to never end up in that position.
