Unless you’ve been following the alternative media, you probably don’t know on Sunday night, October 1st, there were police scanners reporting shooters at the following Las Vegas hotels: New York-New York, Tropicana, Bellagio, Planet Hollywood, and Paris. A Twitter post called this “Muslim Terror.”  On Monday morning, at 8:42 a.m. PST, before facts had been established, Time online reported, “There isn’t evidence of shots fired at other hotels on the Las Vegas Strip Sunday night, nor is there evidence that the shooter was linked to Muslim terrorists.” The article went on to warn readers of fake news....Read More
Author: Jeff Petermann
Earlier this month, President Trump floated the idea of eliminating the debt ceiling. Since 1940, the debt ceiling has been raised more than 100 times. The first debt ceiling was $49 billion, on June 25, 1940. Today, our national debt is $20,200 billion! This leads to the question, “Why have a ceiling, if it is NEVER used?” Let’s be honest. The U.S. will never pay back our debts. It is mathematically impossible. Future generations will bear the burden of the interest on our national debt. They will be patriotic debt-slaves. So let’s drop the debt ceiling. While we’re at...Read More
The dollar will lose its reserve currency status; Americans will see a decrease in their standard of living…due to Hubris.
In 1995, Motorola introduced the world’s then-smallest cell phone. It was a sleek clamshell design. It beat the pants off the competition. It was called, “StarTAC.” Leading up to this cool unveiling, Motorola had 50% of the global cell phone market. The only problem with StarTAC…no one wanted it. The newly-designed phone used analog technology just when the market turned to digital. According to Roger O. Crockett, who closely covered the company for Business Week, one of Motorola’s senior leaders dismissed the digital threat: “Forty-three million analog customers can’t be wrong.” In his book, [How The Mighty Fall], Jim...Read More
We are paying teachers in this town to “Give the Bird” to students while the other teacher is going on rants saying “F” police officers? I’ve got a few more budget cut ideas for you Governor Ricketts and Legislature when you meet with Mr. Bounds next to discuss University of Nebraska-Lincoln funding. What an embarrassment this department is to our University. Newsflash to Nebraska…people will not remember the English Department…they will remember the University of Nebraska as the offending party. This is our school! This cant happen! Why do the other departments just sit in silence, be intimidated, and ‘go along...Read More
The pictures are horrific. The storm Harvey has destroyed the Texas Gulf Coast. By Sunday afternoon, FEMA (Federal Emergency Management Agency) informed the Texas Governor: “We’re going to be there for years.” By Monday, FEMA said they expect over 450,000 Harvey victims. People are more valuable than things. Unfortunately, the loss of life is growing; it is now at 30. The physical damage is devastating. This disaster is bigger than what Texas can handle. Volunteers from around the country are in Texas helping. More will come. The federal government will have an important role. Here are six economic lessons...Read More
- Citizen Journalists vs. Corporate Media
- Why stop with the debt ceiling? Let’s eliminate the income tax!
- The dollar will lose its reserve currency status; Americans will see a decrease in their standard of living…due to Hubris.
- Talking Point: Professors Protest TPUSA Tabling Event, Forced to Request Police
- Six Economic Lessons From Harvey