Author Archives: John Thomas

The Hypocrisy of Socialists and Taxes

I’m not sure if freshman Rep. Alexandria Ocasio-Cortez (AOC) was around during the Reagan era and the economic notion of supply-side economics, but I’m pretty sure her partner in crime against capitalism, Elizabeth Warren was. I don’t know what either of these women studied in school, but I can assure you it was not economics. Who is Elizabeth Warren to ...

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Cars that Fly will help lead the next Technology Revolution

In 1940, Henry Ford said: “Mark my words, a combination aeroplane and motor car is coming.” The first time in film I believe I saw flying cars was in the Tom Cruise thriller, “Minority Report.” The way that traffic moved in layers above the ground at break-neck speeds was inconceivable. That was in 2002 depicting life in the middle of ...

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Immigration at the Forefront of Italian Economy Woes

In an age where man has his sights set on traveling the universe, migration here on earth continues by sea as it has done since ancient times. As the medieval Norseman was rebuked from Europe, the seafarers from North Africa are unwanted by a large portion of the Italian population, and are at the center of the country’s current economic ...

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Soros New World Order not happy with Chinese Suppression

Just as I called out the sanctimonious left for being silent on Chinese totalitarianism, who steps up to the plate but their billionaire de facto leader George Soros. The conundrum that I am having with this piece is that he is right. China is all that and more. Soros issued a warning on Thursday that advancements in the field of ...

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Meet Harvard Professor Gita Gopinath – first Woman to Steer the IMF

It should come as no surprise that Gita Gopinath was selected as the first woman to become chief economist at the International Monetary Fund. Her academic pedigree is beyond reproach. Born in India, Professor Gopinath studied for her doctorate at Princeton under Kenneth Rogoff, a former occupant of her new job, and Ben Bernanke, who later led the Federal Reserve ...

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Beware the Chinese Silicon Valley East

The rarest of start-up breeds is being found in several cities in China. The “Unicorn,” a private company with a market capitalization of $1 billion, is being spotted more of late. A Chinese government report put the number of unicorns in the country at 164 in 2017, a 25% increase from the year before. By some counts, it already has more ...

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Trump vs. Davos and Economic Globalization

One wonders what the 2019 World Economic Forum in Davos, Switzerland will be like without the presence of the United States. Also by the way, it looks as if Vladimir Putin may be a no-show, and the world’s second largest player, China, has sent as surrogate Vice President Wang Qishan. Yes, there will be important players there, such as Angela ...

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Government Shutdown – We Warned You This Could Happen

The continuing saga, who will win?

As the partial government shutdown continues, those of you who are relying on funding backed by the SBA have been put on hold. The Small Business Administration stopped processing new loans on Dec. 22.  Thousands of companies can’t get their SBA loans approved, meaning they can’t get money they need to start or expand their companies. President Trump notes that there ...

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What you need to know about the Housing Market in 2019

As one might anticipate, projections for real estate values and the market, in general, are scattered like stars in the sky. So many thoughts and statistics it is hard to know where to begin. My experience is that real estate brokers are somewhat synonymous with stockbrokers in regard to their involvement in the efficient market of information. Maslow’s hierarchy will ...

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Mexican Government Proposes “Free Zone” to Curb U.S. Migration

Not since the buffoon and former president of Mexico Vincente Fox has been in office, has a politician south of the border made this kind of news.  As a graduate of the Harvard Business School, one wonders if all true leftists gain their socialist glee from our own academia. Enough of Fox, and on to Mexican President Andres Manuel Lopez ...

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