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Article 6102 they declared a bank holiday and all the banks shut down for a week and no one could get their money out; and when the banks opened back up, gold was illegal
U.S. government borrowing and spending never stops.
When you are creeping out on a very high tree limb, everything may seem fine until suddenly the limb snaps and disaster strikes.
The U.S. has successfully navigated past debt challenges, notably in the 1990s. Policymakers can fix this if they find the will to do so.
Let's discuss the latest BLS report on employer costs with a special focus on teachers.
In response to court rulings blocking key elements of the federal government's new student loan repayment program, the Biden administration will be giving about 3 million borrowers a reprieve from their monthly payments.
Interest on the national debt is rapidly becoming the biggest single category of spending by the U.S. government. As of May 2024, the amount of money spent to pay interest owed to the federal government's creditors surpasses the annual amount it sp
Corruption exists everywhere, but in America, how corrupt have the federal government and the agencies that run our country become? Today, we meet with First Amendment attorney Benjamin Barr to stroll around Washington, D.C., to better understand gov
Our government is now so deep in debt, that taxpayers must spend a trillion dollars a year...
James Lavish, CFA, is a seasoned professional in institutional investing and risk management with over two decades of experience. He is currently the Managing Partner of the Bitcoin Opportunity Fund, which focuses on public and private investments in
As the real figure far exceeds that, Washington will make it easy for Global South states to sideline the dollar
According to the latest data from the FDIC, the U.S. banking system is sitting on $517 billion in unrealized losses due to deteriorating bond portfolios.
American Compass, a think tank promoting a conservatism lacking even a rhetorical commitment to free markets, recently called for Republicans to support tax increases.
Where Does US Debt End?, Why Massie Voted 15 Times Against Funding Israel, AIPAC, Mitch McConnell, Area 51, Massie's Relationship with Trump, Kill Switches in Cars, Mike Johnson and the Deep State, How Massie Got Into Politics, Living off the Grid
"Catherine Austin Fitts explains the Commonlaw Right of Offset---what you have when you owe someone money, who also owes you money--you simply discharge your debt, against the debt the other person owes you...
"There could be hell to pay" - Jamie Dimon
...And Global Events Will Soon Bring It Crashing Down
Ever since it started growing in earnest following the abandoning of the 'Bretton Woods system' in the early 1970s, and accelerated to an unprecedented pace following the 'Economic Recovery Tax Act' of 1981, the U.S. national debt has been a
'Safe haven' of choice has become gold, Invesco says
President Biden's latest loan forgiveness comes less than six months before the presidential election.
The US national debt is so out of control that, ironically enough, even the Federal Reserve chair has expressed concern about the problem.
What many of us didn't know--including me for a long time--is that much of the billions of dollars of aid that Washington sent to Ukraine was in the form of CASH. Of course, there is zero accountability as to what happened to all of that cash.
Jessica Burbank and Amber Duke discuss the documentary "Finding the Money," which chronicles the U.S. monetary system. The hosts chat with the film's impact is director Maren Poitras.
According to new reports from the Social Security and Medicare trustees, Social Security and a Medicare fund that pays for hospital expenses will both begin running deficits in 2035 and 2036.
During a Senate Energy and National Resources Committee hearing this week, Republican Senator Josh Hawley exposed a Biden official as having no clue what is going on in her own department.
I'm opposed to debt jubilees. The reason is simple. One man's liability is another man's asset. If somebody owes money and defaults on the debt, it becomes a problem for the next person.
In 2007, the U.S. national debt was below $10 trillion, and the budget deficit was about $160 billion. Federal spending was about $3 trillion, and interest payments were approximately $400 billion.
"This is the weirdest era in human history. By far. Nothing else even comes close. Billionaires trying to kill everyone. Civil society unable to form a coherent thought..."
While Congress failed to pass a border security bill over the weekend amid a flurry of billions in international aid to Ukraine and Israel, they did set aside $3.5 billion for "Migration and Refugee Assistance" for the State Department to "address hu
Rep. Hakeem Jeffries Hailed as House 'Shadow Speaker' After $95 Billion Ukraine Bill Passes
