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Much of the problem is the super generous retirement plans available to many state, federal and local government workers. As always, a bit of common sense would help cushion the impact of this largess.
The debt-laden, fraud-saturated paper Ponzi-schemes of Western bankers are now all about to implode in a deflationary (debt-default) collapse – most notably all their fraud-bonds.
Omnipotent Government by Andrew Napolitano / Ron Paul's Parthian Shot / The LIBOR Bank Scandal / John Galt Day / The Secret Constitution / The US Retail Collapse Accelerates / Global Gun Grab in Progress / One Scam After Another by Bill Bonner
While lawmakers continue to fight over how to fix the ailing U.S. Postal Service, the agency's money problems are only growing worse.
The U.S. economy is in a massive amount of trouble. There aren't enough jobs. There isn't enough money to go around.
These notions are rough and far from being fine-tuned. But war is a key factor. The president that goes to war creates more spending (and inflation) and grows the government at a higher rate.
Today's video is a conversation between our own Alex Daley and David Stockman – David gives a startlingly blunt assessment of the US's economic outlook and how it came to this precipice.
The greenwashed economy threatens our ability to pursue sustainable development.
Ben Bernanke offered a gloomy outlook for the US economy but the Federal Reserve chairman offered no hint of further monetary easing in testimony to Congress.
The U.S. needs to pay down its debt, and that won’t happen if Federal Reserve Chairman Ben Bernanke "goes wild" with more stimulus, Donald Trump told CNBC’s “Squawk Box” on Tuesday.
Politicians on the both left and right want to restrict your freedom.
Ben Bernanke says that if you where smart you would have known what was going on and that it's not his job to let people know about global monetary scandals that he may aware of.
Federal Reserve Chairman Ben Bernanke on Tuesday implored Congress to act quickly to pull the country back from the “fiscal cliff” set to go into effect at the end of the year, warning that a failure to do so will further dampen the sluggish economic
Several readers have asked me to comment on a King World interview of Michael Pento. Before I offer my comments on Pento's thoughts, let me say upfront that Eric King is a world-class interviewer. King lets his interviewees have their say, no matter
Why are we not surprised? We've been predicting this for years one way or another. In many of our analyses of public banking, we've indicated that it is a popular-seeming solution – that if the power elite can print endless amounts of money, "the peo
Good morning. Here's what you need to know.
Every hospital makes mistakes. But some New York City hospitals may not have enough money to pay for them. Several of the city’s most troubled hospitals are partially or completely uninsured for malpractice, foregoing
Democrats are making increasingly explicit threats about their willingness to let nearly $600 billion worth of tax hikes and spending cuts take effect in January unless Republicans drop their opposition to higher taxes for the nation’s wealthiest hou
Maria Arvizu continues to fill out job applications even though she has yet to deposit her last paycheck.
Desperate for a way out of a housing collapse that has crippled the region, officials in San Bernardino County, are exploring a drastic option — using eminent domain to buy up mortgages for homes that are underwater.
Individuals operate by incentives, and feedback is necessary for economies to improve. After all, Mises named his economic treatise Human Action and his methods praxeology, the study of individuals making decisions according to value and time prefere
The mechanisms for transferring wealth from the majority to the elite involve a massive conspiracy to deceive with the primary goal of getting all to jump into tangled heaps of collapsing markets. Starting with the currency market, the Federal Re
On Friday, July 6, President Obama signed into law a bill that would renew transportation programs and extend low interest rates on student loans for one year.
6 Banking Scandals That Will Make You Sick
Despite all ofthe Federal Reserveʼs interventions, the U.S. economy remains moribund. To borrow a term from Lord Keynes, the Fed is “pushing on a string.”
Just over a month ago, the intrepid correspondents from The Daily Show set out on a mission to educate the US public on what exactly 'The Economy' is all about.
Three top Federal Reserve policymakers on Monday laid the groundwork for a third round of bond purchases, saying the U.S. recovery was weak and unemployment far too high.
The problems that America is experiencing right now are not just confined to the field of economics.
If you went out and took a poll of the American people on July 4th (Independence Day) and asked them if they are free, what would the results look like?
