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I hate Crocs and yet somehow I’m wearing a pair I can’t live without

NY Post
2 months 1 week ago
The universe works in mysterious ways.
Emma Sutton-Williams

Illegal alleged to have stabbed a two-week-old infant and family to death smiles arrogantly in court

NY Post
2 months 1 week ago
Joaquin Escoto was bearded, shackled and in an orange and white jump suit when he entered the courtroom as 11 family members looked on.
Jeremy Louwerse

Ron Paul: The Federal Reserve Is Why The People Are Unhappy

Zero Rss
2 months 1 week ago
Ron Paul: The Federal Reserve Is Why The People Are Unhappy

Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity,

According to the University of Michigan’s latest Index of Consumer Sentiment, a record number of Americans have negative views of the economy. This is yet more evidence that the American people are dissatisfied with their economic condition. Some commentators have claimed to be perplexed by the people’s negative views of the economy since government statistics show that most Americans have good jobs that pay them good salaries.

One problem with this defense of the economy is that government statistics are manipulated to understate the true rates of inflation and unemployment. Trip Powers, writing on Substack, looks at the situation using a more accurate definition of unemployment than what is used by the government. By, for example, including those who have given up looking for work and those working part-time because they cannot find a full-time job, the unemployment rate is over ten percent. An unemployment rate that high indicates a significant economic downturn.

The main reason why even many Americans with above average incomes are dissatisfied with the economy is high prices. According to the latest Personal Consumption Expenditures (PCE) price index, which is known as the Federal Reserve’s favorite measure of inflation, prices have increased by an understated 3.8 percent over the past year. The culprit behind the price increases is the Federal Reserve. Today, prices are several times higher than they were when President Nixon in 1971 severed the last link between the US dollar and gold, thus removing any restraints on the Federal Reserve’s ability to inflate the currency.

With inflation rising more than incomes, many Americans have suffered a loss of purchasing power even though their nominal income increased. The erosion of Americans’ purchasing power has led to a debt-based economy. This has created a number of bubbles that likely will soon burst. According to an analysis of Federal Reserve data by economist Mike Shedlock, total car, credit card, and student loan debts are now higher, measured in real dollars, than nearly 20 years ago during the Great Recession.

Of course, the greatest debtor is the US government.

The Federal Reserve’s practice of buying government debt in order to pump more money into the economy enables maintaining the largest government in history.

Without the Federal Reserve, the US government would have to finance the welfare-warfare state via direct taxation, instead of through the central bank’s hidden (and regressive) inflation tax.

Many Americans voted for President Trump in 2024 because of his promise to lower prices. Now, Democrats may gain control of one or both houses of Congress by running as the party of “affordability.” Unfortunately, most politicians think the way to address the affordability crisis is with more government spending facilitated by the Federal Reserve. That will only worsen the affordability crisis.

Eventually, Congress will be forced to cut spending as the soon to be over 40 trillion dollars Federal debt leads to a dollar crisis. This crisis will result in the collapse of the welfare, warfare, and fiat money system. Whether it is replaced with an even more authoritarian system or a restoration of liberty depends in part on whether those of us who know the truth do all we can to spread the ideas of liberty.

If we are successful, we can make America free, prosperous, and affordable.

Tyler Durden Mon, 06/01/2026 - 19:15
Tyler Durden

Punchy neighbor takes a swing at celeb-studded boxing gym, but misses

NY Post
2 months 1 week ago
The neighbor has been contacting the gym daily and has called the police over to the workout spot's music.
mliss1578

Punchy neighbor takes a swing at celeb-studded boxing gym, but misses

NY Post
2 months 1 week ago
The neighbor has been contacting the gym daily and has called the police over to the workout spot's music.
Carlos Greer

Eric Schmidt scores victory in case brought by ex-girlfriend who accused him of rape — as arbitrator decides she must pay him $10M+

NY Post
2 months 1 week ago
"I find that Ritter’s statement that she was raped by Schmidt to be false," the arbitrator wrote in the case — adding that Michelle Ritter engaged "in defamation ... "
mliss1578

Eric Schmidt scores victory in case brought by ex-girlfriend who accused him of rape — as arbitrator decides she must pay him $10M+

NY Post
2 months 1 week ago
"I find that Ritter’s statement that she was raped by Schmidt to be false," the arbitrator wrote in the case — adding that Michelle Ritter engaged "in defamation ... "
Sara Nathan

Larry Fitzgerald’s father dead at 71

NY Post
2 months 1 week ago
Larry Fitzgerald Sr., the father of NFL legend Larry Fitzgerald Jr., passed away on Monday, according to his family.
Edward Lewis

Former IndyCar driver dead at 56 as racing world still grapples with Kyle Busch’s shocking tragedy

NY Post
2 months 1 week ago
Details on the crash that caused the death of Treadway, the son of 1997 Indianapolis 500-winning team owner Fred Treadway, were not released. 
Christian Arnold

How 'confused' AI rollout hurts firms and baffles staff

BBC Tech
2 months 1 week ago
Some firms are putting pressure on staff to use AI, but have not thought through their AI rollout.

NYPD assistant chief breaks silence on off-duty gun-discharge scuffle

NY Post
2 months 1 week ago
NYPD Assistant Chief Benjamin Gurley urged the public to wait for an investigation into his stray-bullet scuffle in Rockland County to play out.
Larry Celona, Jorge Fitz-Gibbon

Killer California mother who slaughtered husband and her 6-day-old honored in shocking family tribute

NY Post
2 months 1 week ago
An online fundraiser posted in the wake of the tragic incident described Marine as a "a caring mother and wife" who “enjoyed gatherings among her loved ones.”
Ben Chapman

What’s the next Platner surprise, electing vets to fight polarization and other commentary

NY Post
2 months 1 week ago
Graham Platner was sold to “Mainers and the national media” as “an antiwar Marine during the Iraq War, a hardscrabble oysterman, and a working-class straight talker,” grumbles National Review’s Jeffrey Blehar.
Post Editorial Board

NFL Commissioner Roger Goodell asked to testify to Congress about league’s broadcast deals

NY Post
2 months 1 week ago
The hearing will examine “the extent to which” the law “has been used by the professional sports leagues to harm consumers and whether potential legislative remedies may be needed to address that harm,” Rep. Jordan wrote Goodell.
Ariel Zilber

Ballerina Farm says viral hydration drink is inspired by cows — the new flavors shocked us

NY Post
2 months 1 week ago
Now you can hydrate like a farmer.
Miska Salemann

Ciara Miller tells West Wilson look-alike he’s a ‘much better person’ than her ‘Summer House’ co-star

NY Post
2 months 1 week ago
Miller told Wilson's doppelganger to get a haircut because "you look way too much like West to be here right now."
mliss1578

Ciara Miller tells West Wilson look-alike he’s a ‘much better person’ than her ‘Summer House’ co-star

NY Post
2 months 1 week ago
Miller told Wilson's doppelganger to get a haircut because "you look way too much like West to be here right now."
Carlos Greer

New York is all aboard this surreal Landry Shamet train

NY Post
2 months 1 week ago
Landry Shamet's postseason started with him tied to the bench. He, crept back into Mike Brown’s circle of trust. And a funny thing happened: he became a genuine folk hero.
Mike Vaccaro

Let’s go, Knicks —bring it on home!

NY Post
2 months 1 week ago
New York fans aren’t just dreaming of past Knicks glory days, this 2026 iteration is providing new ones — in abundance.
Post Editorial Board

Nancy Guthrie likely targeted by local worker who believed family was wealthy, veteran investigator says

NY Post
2 months 1 week ago
Barbara Butcher believes a handyman or service person may have assumed the 84-year-old's family had money.
Fox News

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