The most important Treasury Department hire in years landed with a whisper, and that silence was not an accident. When Judy Shelton walks into a room, the people who profit from inflation get very uncomfortable.
Private equity bought up your hospitals and your doctor’s office, Obamacare blew up whatever was left, and now you can’t even get someone to answer the phone when your 86-year-old mother-in-law is sick. Welcome to American healthcare in 2024.
Jamie Dimon walked into the Wall Street Journal and said what most establishment figures are too cowardly to say out loud about American decline. I’ve been saying the same things on this program for years, and people called me negative. Maybe now they’ll listen.
The same party that handed you 5% average annual inflation, $1 million per unit affordable housing, and 33-cent electricity in California now wants your vote on affordability. I have the receipts.
Listeners keep emailing me telling me I have to vote Republican or the world ends. But nobody wants to talk about the financial criminals who got pardoned while senior citizens lost everything. I am done with this game.
I’ve been on the air 26 years, and I’m done holding back. The most important lessons I’ve learned have nothing to do with markets. They come from a man who reached 30 million people a week with nothing but a chalkboard and 60 years of unbroken discipline.
For 26 years I have been telling you the government inflation numbers are not real, and for 26 years the establishment laughed. Nobody is laughing now as the 10-year Treasury blows past 5% and your grocery bill tells you everything the CPI report will not.
Social Security is already staring down a 25% benefit cut and Congress just introduced a bill that would empty the tank even faster. Welcome to Washington, where the solution to a sinking ship is to cut more holes in the hull.
Tech executives are suddenly blowing the whistle on their own AI systems and warning of a technological apocalypse. If that sounds familiar, it is because Wall Street ran the exact same play in 2008 and you paid for it.
Washington wants you to believe a diesel export ban will lower your energy costs before the election. What they are not telling you is the chain reaction that follows could drive prices through the roof on everything from gas to groceries.