NATION AND STATE

Government Waste Thrives In Darkness Submitted by Real Clear Politics, authored by Thomas W. Smith chairman of OpenTheBooks.com.

In the last 20 years, our country’s national debt has exploded. In 2001, when George W. Bush took office, the national debt was $5.8 trillion. It took around 225 years — booms, busts, depressions, wars, etc. — to amass that much national debt. In just eight years, Bush and a compliant Congress doubled the number to $11.7 trillion. In Barack Obama’s two terms, another $8.6 trillion was added. During the past four years, Donald Trump and Congress fought many battles, but

COVID Lockdown Policies Will Disproportionately Hit Black Americans For Decades, New Study Finds “Follow the science” exclaimed every virtue-signaling talking head as left-leaning authorities/officials clamped down on Americans’ rights nationwide… “wear a mask”, “shelter at home”, “no comingling”, “slow the spread”, “think of the children”, “save grandma” were the cries as the virus refused to pay attention to state and local authories’ orders to behave as the “scientist” textbooks claimed.

And, as cases rose, and hospitalizations rose, and deaths rose, so did the tyrannical trouncing of the economy sending unemployment rates to record highs and crushing GDP growth to record

On Avoiding Expensive Mistakes… Submitted by Adventures in Capitalism

Let me throw this out there; the investing game is mind-numbingly easy. You buy good businesses for less than fair value. Sure, we can all argue about fair value. There are always surprises in the future trajectory of a business. This game has some wrinkles and drama, but at the most basic level, it’s easy. In fact, done correctly, it only involves a handful of decisions each year.

If it’s so easy, why aren’t I wealthier? It’s because I’ve tried to complicate things from time to time and made some very

Superstar Robinhood Traders Are Turning To Paid Financial Advice It’s starting to look like the new ultra-high net worth individuals are formerly twenty-somethings that got their start trading on Robinhood. Some of those who have smashed and grabbed on the platform are now turning to professionals to help protect their winnings. At least that was the takeaway from a Bloomberg report featuring several Robinhood traders who have done well and are now seeking out professional financial advisors to manage their wealth.

The piece featured traders like 31 year old Jeremy Johnson, who, after investing $15,000 per year with Robinhood, has