INSIDE THIS ISSUE
F or centuries, gold has been the showcase of wealth, a safe haven when the dollar waned or stocks tanked. Then along came cryptos... Has bitcoin upset the apple cart of currencies? This month, we delve into which currency will stand the test of time... Stansberry Research financial reporter Daniela Cambone takes you behind the curtain of the recent fantastic battle-of-the-billionaires debate between crypto king Michael Saylor and gold guru Frank Giustra. We’ve got plenty of material in this issue about our current leader of the free world... In “America’s Worst-Made Plans Come Home to Roost,” our editor in chief, P.J. O’Rourke , muses on the folly of government planning, including whatever Biden plans to do with $6 trillion of your money. Publisher Trish Regan dives into how the Biden administration’s barrage of spending and handouts has inspired Americans to do, well, nothing... Executive Editor Buck Sexton breaks down the first four months that President “Amtrak Joe” has been in office, and, unfortunately, it appears that the train is heading to Destination Nowhere... R.I.P. Bernie Madoff... The late financial swindler’s body count exceeds 40,000 investors. Executive Editor Kim Iskyan explains how Madoff (almost) pulled off the most sweeping financial fraud in history. Then, RealClearMarkets editor John
Tamny takes a contrarian approach in his Misunderstood Deficits piece, and writes that the panic often surrounding sizeable debt is a false alarm. John Tierney , a contributing columnist for the New York Times , looks back at the early COVID-lockdown measures in this must- read story, noting that what seemed like sound science at the time may have cost more lives than it saved. Fallen-from-grace Rudy Giuliani has been one of America’s favorite political clowns this past year... But it’s all gags and giggles until the Feds come knocking in this month’s Dunce of the Month. Former Car and Driver editor John Phillips III tackles electric vehicles in this fresh take on whether these plug-in cars will actually stick. Now, politician memoirs are typically good for very little... least of all, reading. But, according to P.J., former Speaker of the House John Boehner’s book exceeds expectations, proving an endlessly entertaining and quotable firing squad aimed at the idiocy of Washington, D.C. And the winner for worst award show goes to... actually, no one cares. Commentary magazine editor John Podhoretz shares how Hollywood, the Academy, and the Oscars- marketing monster are irrelevant in 2021, a self-inflicted casualty of #MeToo, wokeness, COVID, and digital content. Regards, Laura Greaver Managing Editor, American Consequences
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May 2021
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