Category Archives: MN Gordon
Biden’s Global Climate Summit Kicks Off Full-Tilt Wealth Redistribution
The central planners are setting the stage for epic, government directed renewable energy boondoggles. A full-tilt raid on the public purse that will make everyone rich – except you. Printing press money will be distributed to mega solar and wind generation programs as a matter of monetary and fiscal policy. Continue reading
The Ugly Truth About Printing Press Money
After asset price inflation and wild gambling and speculation comes consumer price inflation…the real wealth destroyer. This is the ugly truth about printing press money. The ugly truth Fed Chair Powell and Treasury Secretary Yellen will never share as they champion the virtues of their policies of mass inflation. Continue reading
Journey To The End Of San Pedro Bay
Nowhere is the insanity of central economic planning so visibly stark raving mad as at the Port of Los Angeles / Port of Long Beach (POLA / POLB) shipping complex. The combined ports account for over one third of all U.S. imports. Continue reading
Coming to America: LA Metro’s Model of Extreme Capital Consumption
LA Metro’s Fiscal Year 2020 budget was $7.2 billion. Of this, only $284.5 million was covered by passenger fares. Another $96.8 million was covered by advertising and other revenues. The remaining $6.8 billion was covered by five different sales taxes, diesel and gas taxes, highway tolls, and various grants and bonds. Continue reading
