We're the United States of America for God's sake, the most powerful nation in the history-- not in the world, in the history of the world. The history of the world. We can take care of both of these (Ukraine and Israel) and still maintain our overall international defense.

 

President Biden on CBS 60 Minutes October 15, 2023

President Biden's decision to block Russia from using the Society For Worldwide Interbank Financial Telecommunications (SWIFT)) has been epic.

President Biden's decision to block Russia from using the Society For Worldwide Interbank Financial Telecommunications (SWIFT)) has been epic.

It's the story of a finely tuned economic machine that is as delicate and precise as a Swiss watch. It's the American Economy and perhaps the most complicated social organization ever created.

It's the story of a finely tuned economic machine that is as delicate and precise as a Swiss watch. It's the American Economy and perhaps the most complicated social organization ever created.

"I have directed the USS Dwight D. Eisenhower Carrier Strike Group to begin moving into the Eastern Mediterranean," with those words, Defense Secretary Lloyd Austin signaled that the full power and might of the United States would come to the support of Israel, in its hostilities with Hamas, the Islamic Resistance Movement.

"I have directed the USS Dwight D. Eisenhower Carrier Strike Group to begin moving into the Eastern Mediterranean," with those words, Defense Secretary Lloyd Austin signaled that the full power and might of the United States would come to the support of Israel, in its hostilities with Hamas, the Islamic Resistance Movement.

In the 78 years since the end of World War II, this country has had 13 Economic Recessions, or an average of a recession every six years. Perhaps the strangest of all these downturns was when a President had a heart attack.

In the 78 years since the end of World War II, this country has had 13 Economic Recessions, or an average of a recession every six years. Perhaps the strangest of all these downturns was when a President had a heart attack.

Let's be clear: this strategy of raising interest rates works because it depresses overall commercial activity. As rates rise, industries cut back on investment, consumers curtail the amount they purchase, and eventually, prices stabilize, but in a much weaker overall economy. That's why when these rate hike strategies begin, they're almost always followed by a Recession (a more fragile economy).