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Inside the ‘dangerous’ spending scandal rocking Monaco palace

Palace malice reached Defcon 1. The scandal, which has been smoldering since 2021, involves some of the most powerful people in the postage-stamp-sized principality of Monaco, including Grand Duke Albert, the once-trusted “Gang of Four,” and shrewd real estate agents. Developers, and now includes Princess Charlene. In the wrong direction. Claude Palmero, the Grimaldi family's […]

Kim Jong-un Says North Korea Economy Is ‘Very Pitiful,’ Keeps Spending on Nukes

North Korea's communist dictator Kim Jong-un said in remarks to the Politburo on Wednesday that the country's economic situation is “extremely dire” and that most people have no access to food and other basic necessities. He complained that the government was not preparing the situation. “A serious political problem.” Kim was speaking at a conference […]

Excessive Government Spending Is Fueling Inflation

The pandemic stimulus never went away The Fed's rate cut plans this year face strong headwinds. excessive government spending. Even though the public stimulus measures adopted during and after the pandemic have largely been phased out, federal spending remains very high compared to historical trends. If spending had returned to pre-pandemic trends, the federal government […]

Boebert blasts spending deal as ‘Pelosi-Esque’

Rep. Lauren Boebert (R-Colo.) denounced the short-term spending bill passed Thursday to keep the government funded through March as a “Pelosi-esque” deal. Just hours after the Senate approved the bill, the House approved a two-step continuing resolution (CR) by a vote of 314-108. Boebert was one of the Republicans who opposed the bill. issued a […]

Senate passes short-term spending bill through March

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Yellen warns of shutdown consequences as Congress races to pass spending bill 

Treasury Secretary Janet Yellen is urging Congress to quickly pass legislation to keep the government funded past the looming Friday shutdown deadline. “Failure to provide funding to the government by this Friday's deadline will hurt American families and small businesses across the country,” she said in remarks prepared for Wednesday's U.S. Conference of Mayors Winter […]