The Taxpayers Bailed Out Yellow Trucking. It Went Bankrupt Anyway.
The Trump administration doled out $700 million in CARES “loans” to trucking firm Yellow. Now Yellow has gone bankrupt, and the taxpayers may foot the bill.
The Trump administration doled out $700 million in CARES “loans” to trucking firm Yellow. Now Yellow has gone bankrupt, and the taxpayers may foot the bill.
Dr. Jonathan Newman joins the show to talk about his doubts of a "soft landing" for the economy, and the lies being told to sell Central Bank Digital Currencies.
When it comes to the debt ceiling, political parties are irrelevant, and the recent debt ceiling drama, was little more than a sham.
While many economists claim that high overall debt levels can lead to economic recessions, irresponsible government spending and money expansion are the real culprits.
Governments do two things: they grow and they deprive citizens of their wealth. That process has not changed for more than a century in the USA.
The political passion for "social justice" is creating a larger free-rider problem and a problem of injustice.
The political passion for "social justice" is creating a larger free-rider problem and a problem of injustice.
When it comes to the debt ceiling, political parties are irrelevant, and the recent debt ceiling drama, was little more than a sham.
On this week's episode, Mark summarizes some problems with taxpayer-subsidized EVs.
Socialists like Bernie Sanders have decried the possible US government debt default. Marx and Lenin would have vociferously disagreed.