Tag: Libertarian

Ep. 506 – Does Anybody Care?
The Kapital News
The Kapital News
Ep. 506 - Does Anybody Care?
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In the world of the Nobody CARES Act 1.0 and now 2.0, it is evidently clear that our government does not care about the people of this country. It’s all about their power, control, and payback to their corporate cronies and masters. This is not conspiratorial because this news is in the data!

In today’s podcast we discuss market performance, the Georgia Senate election, the President’s phone call that was recorded by Georgian election officials as the President was asking for a “recalculation” of the vote so that he would have just one more vote than Joe Biden. Even though in the very same sentence the President makes the claim that he won the state of Georgia. So in the very same sentence he is asking for a recalculation to win a state that he claims he already won. Talk about ridiculous. We also briefly cover corporate profits, the projected global famine for 2021, the sharp increase in transportation costs, especially with respect to vessels, the march on Washington, DC, scheduled for this Wednesday as Congress convenes to certify the election results, and lastly, the vandalism that took place at the residencies of Speaker of the House, Nancy Pelosi, and Senate majority leader, Mitch McConnell. You thought 2020 was crazy – just wait till you see what unfolds in 2021. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Debt #Gold #Silver #Inflation #Recession #Depression #Bailouts #Jobs #USA #Liberty #Revolution #BananaRepublic #EndTheFed

Ep. 505 – 2021, And So It Begins…
The Kapital News
The Kapital News
Ep. 505 - 2021, And So It Begins...
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It’s Sunday evening, but as we watch the overnight futures markets, we are seeing some nice moves to the upside in the commodity space. This decade is likely to be a bull-market for precious metals and commodities. It’s back to the basics. It’s back to real tangible items that are needed for an economy to function and hedges against fiat currencies and weakening governments. All of the funny-money printing is going to end up somewhere, and precious metals and commodities is a place to pay close attention to.

During today’s podcast we discuss initial jobless claims for the week ending 26 December, which came in at 787,000; we also cover the Fed’s balance sheet, M1 and M2 money stock, and a few other data points of interest. We have been stating this for weeks, if not months, that economically speaking, 2021 is likely to be worse than 2020. Tomorrow begins the first trading day of the year, and while one day does not make a trend, it’ll be interesting to see how the markets navigate the oncoming turmoil, chaos, certainties, and uncertainties. Stay diversified, stay vigilant, and stay with The Kapital News. Happy Birthday Papou! #Economy #Debt #Gold #Silver #Inflation #Liberty #USA #Bailout #BananaRepublic #EndTheFed #Recession #Depression #Jobs

Ep. 504 – Here Comes 2021
The Kapital News
The Kapital News
Ep. 504 - Here Comes 2021
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As an historic year comes to an end, should we be excited about 2021 or cautious? Now there are many reasons to be excited – it is a new year, and it is no longer 2020. That alone can be enough reason for a celebration. However, at least economically speaking, it may be premature to throw a party. Structural issues that have been around for years have not and are not being resolved. And in fact, many of the policies that led to the structural decline are continuing to be implemented. There are many risks that remain for 2021 and beyond and we will be sure to cover them as they arise and unfold. Have a very Happy and Blessed New Year! Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Jobs #Debt #Liberty #Revolution #Inflation #Gold #Silver #Bailouts #EndTheFed #BananaRepublic

Ep. 503 – Junk Debt, Junk Economics
The Kapital News
The Kapital News
Ep. 503 - Junk Debt, Junk Economics
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Trillions of dollars in negative yielding debt, zombie corporations, modern monetary theory (MMT), universal basic income (UBI), out of control central banks, and a seemingly never-ending government spending spree. These are just some of the items that can be classified as junk economics. The economy is suffering and is need of a major correction. This correction will undoubtedly be painful and widespread, yet current policies have led us to this current environment that is also painful and widespread. Yet, our policymakers believe it’s right and prudent to continue with the very same policies that led us to this ruin and to do even more of it! What is needed is free-market capitalism. Markets need to correct. This means bankruptcies, restructurings, insolvencies, liquidations, and the cleansing of malinvestments. When governments and central banks intervene and interfere with the proper functioning of a market economy, they can only serve to make the problem(s) worse. They end up picking winners and losers; they prop up businesses that otherwise would be out of business, such as our zombies corporations; and all of this goes to hurt those well-functioning businesses, as they would have picked up the market share, where others have failed. In essence, it’s all about maintaining the status quo and prioritizing the short-term at the expense of the long-term. Problem-being is that it’s just a matter of time before the long-term catches up with us. We are nearing this moment. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Debt #Bailouts #Revolution #USA #Liberty #EndTheFed #BananaRepublic #Inflation #Gold #Silver

Ep. 502 – More Cash In Your Stocking
The Kapital News
The Kapital News
Ep. 502 - More Cash In Your Stocking
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It looks like the gift-giving season isn’t over yet, as President Trump signs the $900B “stimulus” bill. This package contains the $600 checks, which may very well turn into $2,000 or at least more than the $600 figure. The House has already passed a new bill that increases the amount to $2,000. It now goes to a vote in the GOP led Senate. All of these Republican Senators voted for the Nobody CARES Act earlier this year, but now all of a sudden they’re seemingly concerned with spending levels, deficits, and the national debt. The Kapital News is of course against all bailouts, but at least we’re consistent and not hypocrites like so many politicians. This is still the early innings, as there will be more spending measures to come throughout 2021.

We also cover initial jobless claims, the Fed’s balance sheet, and M1 and M2 money stock. The monetary measures all hitting new highs as we print our way into oblivion. And jobless claims are still north of 800k, which is heart-breaking and very much in the wrong direction. However, it is in alignment with our analysis – and economically speaking, 2021 is likely to be worse than 2020. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Jobs #Debt #Inflation #Gold #Silver #Liberty #Revolution #USA #EndTheFed #BananaRepublic

Ep. 501 – A Nation of Debt
The Kapital News
The Kapital News
Ep. 501 - A Nation of Debt
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We continue our discussion and analysis of the Federal Reserve’s balance sheet and the national debt of the USA. We provide an historical perspective with respect to these two variables so that the audience can gain a better picture of the current state of monetary and fiscal policy. It also serves the purpose to highlight the rapid decline of the United States and how this is the management of the bankruptcy of the United States of America. With each passing administration, there is exponential growth with our levels of debt, but unfortunately, not with our levels of growth. And this makes intuitive sense because debt is not growth. In fact, debt, especially at these levels, retards and stunts growth. Debt is the theft of future prosperity. This is clearly evident, yet the political will to stop this type of debt expansion is non-existent. It is non-existent because the truth is too hard to stomach for these politicians and the coward’s way out is to add to the debt and to inflate our currency. Truth, prudence, and principle are not words that are used or understood in Washington, DC. And as such, it is the people and the country at large that has to pay for and suffer the consequences of such poor and absent leadership. Because of this, we are not a free nation, but rather a nation of debt. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Debt #Bailouts #Revolution #EndTheFed #BananaRepublic #Inflation #Leadership #Gold #Silver #USA

Ep. 500 – More Spending Is Never Enough
The Kapital News
The Kapital News
Ep. 500 - More Spending Is Never Enough
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More drama in Washington, DC as the President condemns the Covid-19 “stimulus” bill and says the $600 checks are not enough. Instead, the President wants Congress to authorize checks in the amount of $2,000. The President also criticized the amount of wasteful and overseas spending. The Speaker of the House, Nancy Pelosi, has already stated that she and her fellow Democrats will be happy to take up the bill again and include the $2,000 figure. The question will now be put to the Republicans to see if they can stomach that amount. There was already pushback from some Republicans when it was $600 – so will they be able to tolerate $2,000 or will this bill now get shutdown?

Of course, should this bill in conjunction with the $1.4 trillion spending bill get passed and signed into law, where will all of this money come from to finance these monstrosities? Well the printing press certainly. The latter half of today’s discussion is centered around the Federal Reserve’s balance sheet. As we noted yesterday, the Fed’s balance sheet hit an all-time high last week at nearly $7.4 trillion. With all of this additional spending coming down the pike, it stands to reason that the balance sheet will hit and/or exceed $10 trillion by the end of 2021. This is ridiculous and would be a near 10x fold increase to the balance sheet just since the Great Financial Crisis and would be about 50 percent of US GDP. These numbers are unsustainable and go against everything this country is supposed to stand for. Where are the free-markets, and where are the checks and balances? Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Jobs #Debt #Bailouts #Inflation #Gold #Silver #Liberty #Revolution #EndTheFed #BananaRepublic

Ep. 499 – Nobody CARES Act 2.0
The Kapital News
The Kapital News
Ep. 499 - Nobody CARES Act 2.0
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So after months and months of political infighting and election posturing, it appears that Congress will pass another major “stimulus” bill. With a price tag of $900 billion this will be one of the largest bills ever passed and it is even tied to another spending bill that comes in around $1.4 trillion. Congress has clearly taken out the country’s credit card during the holiday season. The $1.4 T will only keep the lights on in the country for a few months and then they’ll be right back to the drawing board.

Nonetheless, the $900 billion is already drawing some harsh criticisms as there are billions that are going to foreign countries. And while the bill is securing another round of “stimulus” checks, this time the amount will come to $600 as opposed to the $1,200 issued earlier in the year. Further extensions have also been put into place with respect to unemployment programs and eviction moratoriums. These are merely temporary adjustments to structural issues and as such, will not solve anything. 2021 is likely to prove even worse than 2020 with respect to the economy and these measures passed by Congress are further indication that this will likely prove correct. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Jobs #Bailouts #USA #Liberty #Revolution #EndTheFed #BananaRepublic #Inflation #Gold #Silver

Ep. 498 – 2020, The Year That Will Live In Infamy
The Kapital News
The Kapital News
Ep. 498 - 2020, The Year That Will Live In Infamy
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Since it is the anniversary of the Pearl Harbor attacks, 7 December, 1941, we thought it prudent to title today’s podcast as such. Of course, this is a play on words to those spoken by President FDR, following this attack. We think it’s more than fair and reasonable to make such a statement.

During today’s show we discuss a number of items of which we were able to recall as happening throughout this year. Surely, topics were missed, but we ask the audience to share any items not mentioned. The events throughout this year are nothing short of Biblical – various natural disasters (fires, hurricanes, locusts, etc); trade wars, impeachment hearings and trial, negative oil prices, economic and/or country and government collapse, Presidential primaries and elections, Brexit, wars and conflicts, Covid-19, significant inflation and debt expansion, massive job loss and business closures, protests and riots, banking and financial market fraud, and what lies ahead for much of the world, may very well be a combination of civil wars, revolutions, and world war. We pray that we are wrong due to the destruction and devastation that will follow. However, this is an honest assessment given the moral, political, social, and economic decay and decline that has been experienced for generations and is picking up momentum. So while 2020 is a year for the record books – prepare yourselves, as 2021 and beyond are likely to be even worse. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #War #Recession #Debt #Bailouts #Inflation #Depression #Gold #Silver #EndTheFed #BananaRepublic #Liberty #Revolution

Ep. 497 – November Jobs Report
The Kapital News
The Kapital News
Ep. 497 - November Jobs Report
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According to the BLS, 245,000 jobs were created in the month of November. This was well below market expectations and where jobs gains had been over the last several months. Perhaps portending of a loss of momentum within the jobs market. Such a situation, would however, be consistent with other data that we have been witnessing with respect to initial jobless claims remaining stubbornly high at over 700,000 per week. Such a small monthly gain is also consistent with recent small business surveys that indicate that nearly half of these businesses remain at risk of closing for good. Those industries hardest hit are continuing to feel the brunt of the economic contraction and the narrative is showing consistency across various reports and surveys. Thus, indicating to The Kapital News, that there is still a long way to go with respect to the recovery of employment. It should also be noted that elements within the Nobody CARES Act are expiring at the end of the month. Therefore, those who may be losing their jobs for the first time, will likely qualify for state benefits. However, those that typically do not qualify for state benefits, such as small business owners, contractors, gig workers etc, have been relying on the PUA and/or PEUC programs created in the Nobody CARES Act, will run into a problem as these programs are set to expire. These two programs were also available as an extension if and once, state benefits expired. Lastly, the headline U-3 unemployment rate was 6.7 percent for the month of November. However, per the BLS, if calculated “more accurately,” the rate would have been 7.1 percent. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Jobs #Unemployment #Bailouts #Debt #Recession #Depression #Inflation #Gold #Silver #EndTheFed #BananaRepublic #Liberty #Revolution