Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education.

Crude Oil Below Zero

How Can Oil Be Worth Less than Nothing?

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April 20th, 2020, is a day that will go down in history. Not because of wars or even because of the Coronavirus but simply because it was the first day ever where oil prices were negative. Yes, they were actually paying to try to give it away. Last month we said, that Saudi Arabia’s Oil Price War Is Backfiring. They picked a very bad time to boost production in order to drive prices down just as the Coronavirus stalled the world economy and drove demand to historic lows. It appears that Monday’s price fall is the culmination of that disastrous decision.

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Radioactive Drum

Turning Nuclear Waste into “Perpetual” Batteries

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Since the beginning of Nuclear power, the problem has been how to dispose of the radioactive waste. By refining this radioactive waste, then compressing it into a diamond and then surrounding it with a non-radioactive diamond this becomes an economical way to dispose of it. But the interesting thing about it is that the researchers found that in the process these radioactive diamonds become miniature batteries.

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4 Precious Metals to Consider

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A variety of factors, including worries about the US dollar, inflation, the stock market and trade sanctions have led people to consider alternative investments for their future. Precious metals have always been an alternative due to their negative correlation to other markets. This means that often when stocks or currencies are falling precious metals are rising.  There are 4 precious metals to consider for investment and to secure retirement.

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Champs Missile

U.S. Develops New “Humanitarian” Missile That Doesn’t Kill People

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Basically, CHAMP is a cruise missile which can be loaded on a B-52 bomber but it doesn’t actually explode. Instead, the CHAMP missile is launched and flies over an area emitting an electromagnetic pulse which destroys all the electronics within its target zone. This includes cameras, cellphones and computers. But more importantly it also includes military hardware like surveillance systems, artillery guidance systems, and radar systems.  depending on your perspective, it may sound crazy, dystopian, or maybe just like Sci-Fi but it is a real functional weapon. Although it was originally tested way back in 2012 this weapon is now a reality. It is called, CHAMP which stands for Counter-Electronics High Power Microwave Advanced Missile Project and the U.S. has deployed 20 of them.

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Chinese Hold US Treas Bar Chart

U.S.-China Trade War: Who will Win?

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One of Trump’s campaign platforms was that the U.S. wasn’t getting fair deals in international trade. His two biggest examples were NAFTA (trade with Canada and Mexico) and trade with China. And in 2018 the media panicked and drove the markets down anticipating that Trump would somehow destroy all trade and the U.S. would plunge the world into another depression. Then in  November 2018 NAFTA (North American Free Trade) was replaced by USMCA (United States-Mexico-Canada-Agreement) which included  new protections for U.S. intellectual property, Digital Trade, Anti-corruption, and Good Regulatory Practices. It also included provisions “Creating a more level playing field for American workers, including improved rules of origin for automobiles, trucks, other products, and disciplines on currency manipulation.”And now six months later the Trump administration is taking on China. But China is not Mexico and it has a lot more clout so where does the U.S. stand in this fight? 

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Electricity Production Capacity Changes in 2019

Renewable Energy Trends in 2019

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According to a new report from the U.S. Energy Information Administration (EIA) 2019 will be a good year for renewables. A whopping 46% of new electricity production will come from Wind power and 18% will come from Solar Photovoltaic power with the remaining increase coming from clean burning Natural Gas for a total increase in generating capacity of 24 gigawatts (GW). On the other hand, 8 gigawatts (GW) of electrical generating capacity will be retired this year 53% of that will be coal fired, 27% natural gas and 18% will be nuclear powered plants.

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Freedom in the 50 states

How Free is Your State?

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Unlike many countries the United States is not “monolithic”. Freedom varies widely from state to state primarily because each state is the master of its own destiny. Although the Federal Government has been trying to exert more control, each state is still able to create their own laws, taxes and regulations. Each year since 2000 the CATO Institute has published its evaluation of the relative freedom of each state based on a variety of criteria including Fiscal Policy (30.4%), Regulatory Policy (34%), and  Personal Freedom (34.1%). Of course, each of these major categories is made up of a variety of sub-categories.

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