Category: Finance

Russian Ruble Worthless, Oil Reaches $139 a Barrel amid Ukraine Conflict

Tom Patriot

War in Ukraine is beginning to have some trickle-down effects on surrounding countries. After sanctions and bans were placed on Russia, the rest of the world began to see a massive boom in oil prices, and the stock market in Russia saw a massive collapse.  The price of oil reached $105.18 a barrel early last week, that’s almost a 10% increase.  And now, Brent Crude oil has reached a high of $139.13 per barrel during the early minutes of trading Monday morning. This is the highest it’s reached since July…

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Pelosi Changes Her Tune on Insider Stock Trading Act

Tom Patriot

After the news was released about 54 members of Congress caught violating the STOCK Act  – speculation about who was going to stop these politicians circulated through the media. Legislation has since been introduced by a group of Senators that would limit all members of Congress and their families, in a bill called the Banning Insider Trading in Congress Act. The problem here is insider stock trading – the illegal practice of trading in the stock market for one’s own advantage by using the company’s confidential information – is easy…

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54 Congress Members Failed to Comply with the Federal STOCK Act

Tom Patriot

According to Insider, there are 54 members of Congress who violated the STOCK Act – a law made in 2013 designed to stop Congress members from insider stock trading.  Insider stock trading is the illegal practice of trading in the stock market for one’s own advantage… by using the company’s confidential information to their benefit. Some of the Congress members involved with insider stock trading include: Sen. Dianne Feinstein Sen. Tommy Tuberville Rep. Susie Lee Rep. Katherine Clark Out of all the politicians who were abusing their power, House Speaker…

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Divide Among House Dems Threatens the Fate of Their Spending Plan

Tom Patriot

Dollars / 401(K) 2012 / Flickr / November 8, 2011 / CC BY-SA 2.0 / Since last year, the dems have been very inconsiderate when it comes to how they manage the federal budget… They’re still pushing their massive spending plan, and we’ve already seen how terribly that’s going… Americans felt inflation throughout the year. The stock market went down. Meat prices went up. Energy prices skyrocketed. A new divide among House dems threatens the fate of their irrational spending plan. Two mega-bills were thrown into limbo… First is the…

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The Biden Administration Has Ruined Our Labor Economy

Tom Patriot

The Biden administration continues to mismanage our labor economy. It’s gone from bad to worse over the last several months… A few months ago, we saw how Biden’s unemployment bonus destroyed our country’s work ethic… and how it bred lazy Americans.  We’ve also seen how the administration forcibly implemented their vaccine mandates on Big Tech employees, healthcare workers, and military veterans.  Now we’re seeing the effects of their actions on America. Let’s go, Brandon!  This December, corporate layoffs are falling to their lowest in almost 30 years… as the US…

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