Call Me Stormy

Finding righteous currents in turbulent times

Archive for the category “Economizing”

Hostile Takeover Of eBay Begins

GameStop is attempting to pull off a hostile takeover of eBay.

We know GameStop’s CEO Ryan Cohen currently owns about 10 percent of eBay. The only question? Does he have the means to acquire majority shares of eBay on his own?

Or does he have well-heeled, silent partners, say in the Middle East? Here’s more from Clownfish TV.

The Bessent Doctrine

‘The Days of America Being Played are Over…” says an op-ed in the New York Times.

Wait — what? Treasury Secretary Scott Bessent says that the purpose of the Treasury Department is to grow and protect America’s economic might throughout the world.

Manage your own decline, Euroweenies! Here’s a new edition of The Right Angle. Scott Ott leads the discussion, joined by Bill Whittle and Steve Green.

 

Gold, Silver To Rebound Soon?

Precious metals expert Bill Holter believes the price of gold and silver will be much higher by the end of the year. He explains why in a conversation with journalist Greg Hunter.

Much of the conversation has to do with changes taking place later in July in Communist China. The changes should cut into — if not eliminate — the practice of “naked short selling” of precious metals in the United States market. Here’s more on USAWatchdog.com.

The Economy That Britain Stole

On America’s 250th Independence anniversary, Susan Kokinda argues that this moment is more profound because Donald Trump and his administration are reviving the “American System” of political economy—tariffs to promote domestic industry, manufacturing, and internal improvements—after it was suppressed following President William McKinley’s assassination in 1901.

She contrasts the American System with the “British System,” citing Henry Carey’s warning of two opposing systems, and says the nation’s economic heritage was replaced by free trade, consumerism, and institutions like the Federal Reserve.

Kokinda connects the Declaration’s appeal to the Laws of Nature and Nature’s God to economics, quoting Lyndon LaRouche on a state shaping a nation’s relationship to the physical universe. She highlights speeches by Jamieson Greer and Scott Bessent on production over consumption, and J.D. Vance’s call for a Hamiltonian approach grounded in human dignity, linking it to the Declaration’s “pursuit of happiness” over “property.” Here’s more from Promethean Updates.

 

Who Sets Prices?

$122 for Thai takeout?

That’s what’s happened in Seattle, after politicians forced a high minimum wage for DoorDashers.

Now customers order less food, and drivers get less work.

Government wage controls ALWAYS fail. Here’s more from John Stossel, describing how government regulations broke the gig work economy.

Triumph of Economic Freedom

Politicians say they can “improve” the economy.

They impose minimum wages, wealth taxes, more spending on the needy.

But their social engineering makes things worse.

Here economist Don Boudreaux explains why “…we prosper more, the more economically free we are.” Boudreaux is co-director of the Mercatus Center at George Mason University in Fairfax, Virginia. Here’s more from John Stossel.

China Taking America’s Silver

Economist and President of Miles Franklin, Andy Schectman, rejoins the program to discuss the doom-and-gloom headlines dominating today’s media landscape. We explore the multiple narratives unfolding simultaneously—from the very real economic hardships many Americans are experiencing to the ways those hardships are being leveraged to fuel fear, uncertainty, and inaction.

Andy shares his outlook on the challenging economic conditions ahead, what they could mean for investors and everyday Americans, and practical strategies for protecting yourself and your assets. We also discuss China’s growing role in the global precious metals market and Andy’s claim that suppressed silver prices are allowing China to stand for delivery of U.S. silver in amounts not seen before; more signals that major shifts in the global financial system are coming. Here’s more from Sarah Westall on a new edition of Business Game Changers.

Beware Of Financial Frauds

As the economy tanks, more and more financial frauds will be popping up. So says Catherine Austin Fittts, the former assistant secretary for Housing and Urban Development who now serves as publisher of The Solari Report. So Fitts and her team have put together a special presentation called “Protecting Your Assets.”

One of the many frauds Fitts sees are fraudsters impersonating her to rip people off with phony deals and false financial advice. She says, “We can’t give you investment advice, but we can tell you don’t do that scam.”

In closing, she points out that gold and silver are both in long-term bull markets, but as the economy can take a hit if the metals can get sold off to raise cash. She notes, “Big drops in gold and silver can happen.”

Fitts speaks with Greg Hunter on a 57-minute interview, pushed as part of Hunter’s series USAWatchdog.com.

 

Where Bernie, Trump Coalesce?

Susan Kokinda argues that President Donald Trump’s recent comments, praising overlap with Bernie Sanders, and Treasury Secretary Scott Bessent’s critique of “slavish devotion to free markets” signal not a change of sides but a shift to a different economic system. It frames Trump’s “new economic plan” as an industrial policy that uses tariffs, tax policy, directed investment, and potential public-private stakes in major AI firms, while also challenging Federal Reserve practices and Wall Street forecasting.

Citing the latest jobs report (172,000 jobs versus a 105,000 forecast, with prior months revised upward), it claims the plan is working, though manufacturing hiring is still early, following a sequence of orders, production, investment, then jobs described by Peter Navarro. Kokinda says this approach revives Henry Clay’s “American System,” presented as distinct from free markets, free trade, or socialism. Here’s more from Promethean Updates.

Deportations Await Illegals

The New York Times runs yet another long-winded article ripping into President Donald Trump over his policies pushing the deportation of illegal aliens. The article cites cases where illegals have flourished for thirty or more years without obtaining proper entry documents.

Looking through the information given, it’s apparent two driving forces brought these illegals here: Available jobs and government handouts. Now more jobs are going to American-born civilians.

And handouts are dwindling under Trump, so more illegals are returning home. Some are self-deporting, while others are being captured and processed, before being sent home.

Is cruelty behind the change, or simply a changing economic cycle? Here’s more from Matt Morse TV.

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