How Much More Debt Can We Handle?
By the time you read these words, Congress will be putting the finishing touches on President Biden’s COVID-19 relief package, with American taxpayers footing the bill to the tune of $1.9 trillion.
By the time you read these words, Congress will be putting the finishing touches on President Biden’s COVID-19 relief package, with American taxpayers footing the bill to the tune of $1.9 trillion.
“A crisis is a terrible thing to waste.”
While this statement was first attributed to Stanford economist Paul Romer in 2004, politicians have long used crises to justify new laws that crush peoples’ rights.
We’re hesitant to wade into the already heavily debated vaccine conversation, if only because of the near-unbelievable enmity both pro-vaxxers and anti-vaxxers have for each another.
We’ve long criticized the barbaric (yet legal) practice of civil forfeiture, in which police or other authorized government agencies seize your property and then make you prove that the property is “innocent” to have it returned.
In 1971, President Richard Nixon supposedly told an ABC News reporter that he was "now a Keynesian in economics."
At this point the “hack” doesn’t look like a hack as we usually think about it. The responsible parties didn’t try to damage anything, at least based on the incomplete knowledge we currently have.
In this season of giving, it’s important that the holiday spirit moves us to thank Congress and the many taxpayer-funded federal agencies throughout the country for their support of so many worthy causes.
Only a decade ago, cryptocurrencies, also known as “cryptos,” were virtually unknown. Since the invention of the first crypto (Bitcoin) in 2008, thousands more cryptos have been developed.
Anyone over the age of 30 has likely been told by someone younger than them that, “you’re living in the past.”
As COVID-19 spread throughout America last spring, many previously solid investments were devastated.
Stock prices are hitting all-time highs on a daily basis as investors rejoice at the prospect of an economic recovery in 2021.
The year is 2054. For the first time in recorded history, Washington, D.C. is completely murder-free.
“Ransomware” is a class of malware that hackers use to infiltrate a victim’s computer or other online device, encrypts its files...
The October 20 headline was a familiar one, at least to us here at The Nestmann Group: “Arrest warrants issued for founders of Panama Papers firm.”
We distribute this week’s Nestmann’s Notes as the world waits in suspense over whether America’s voters (in reality, that tiny subset of America known as the Electoral College) [...]
After the 1787 Constitutional Convention had concluded in Philadelphia, 81-year-old Benjamin Franklin was reputedly asked, “Sir, what form of government have you given us?”
An American president’s authority to grant pardons has long been controversial. The Constitution provides the commander-in-chief with a broad reach in exercising these powers.
I’ve been called “The World’s Most Pessimistic Man” and “Mr. Worst-Case Scenario.” But I’m actually an optimist when looking at the long-term future.
It’s no surprise that Big Brother takes an intense interest in how we interact with our mobile devices.
Your US passport, once a gateway to the world, is now a travel liability. As I pointed out in this article...
One of our clients’ recurring concerns is the long-term viability of the US dollar as the world’s “reserve currency.” I have a simple answer for them:
The dollar is doomed.
Alexander Kearns’ name should be seared into your memory.
Last week, the Centers for Disease Control (CDC), with the support of the Trump administration, announced a nationwide moratorium on evictions through the end of this year.
Americans are giving up their citizenship faster than ever before – with 2,406 renunciations in the second quarter of 2020 alone.
The COVID-19 pandemic has reignited the debate over the rights of individual states versus the federal government. It’s a debate that began before the Constitution was even ratified in 1788.
In the months and years ahead, you’ll do fine and maybe even get rich if you sell weed edibles or become a video game star. If you own a mall, your golden days have passed.
You’ll no doubt be happy to learn that last week, the State Department lifted the “Global Level 4 Travel Advisory” which warned Americans not to travel abroad due to the COVID-19 pandemic.
Gold prices, measured in US dollars, rocketed to all-time highs last week, reaching a peak $1,970.90 on July 29.
Back on April 7, I predicted that the economic downturn spurred by COVID-19 lockdowns would be as bad or worse than the Great Depression of the 1930s.
During the worst economic downturn in over a century, you might expect that Congress’s top priority would be enacting legislation that helps put more than 32 million unemployed Americans back to work.