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After Joe Biden announced his extraordinary request for $33 billion more for the war in Ukraine -- on top of the $14 billion the U.S. has already spent just ten weeks into this war -- congressional leaders of both parties immediately decided the am
Israel will receive a record $705 million from the United States in 2018 to finance its missile defense programs, Israeli Defense Minister Avigdor Lieberman said.
GAO Official: USAID Hasn't 'Any Inkling' How Much Has Been Lost
Wants More Money for Overseas Contingency Operations
How could trillions of dollars be laundered from the Wash DC regime to Saudi Arabia? Why, through Citigroup, of course.
The chart below will likely come as a surprise to most. It shows total nominal US defense spending, more importantly it shows that such spending has been rapidly declining since 2010.
Hard-fought gains in Afghanistan over the last decade are at risk of being squandered – unless immediate action is taken to determine the fate of tens of billions of dollars in questionable reconstruction projects
A Muslim preacher has been secretly recorded explaining to followers how to receive government assistance they can use to fund a Muslim holy war.
You cannot "ease" your way out of a debt mess.
The top U.S. military officer’s plane got damaged in Afghanistan by insurgent rockets on Tuesday morning. It’s a reminder that the U.S. military’s defense against short-range rockets remains a work in progress.
This chart of the 1-year Greece government bond seems to indicate that the potential for a default by that country is very close to 100%! What would that mean for other EU countries and the global economy?
The return on investment is poor -- and that's just the acknowledged costs.
Joint federal military training exercises will take place within and around the Boston area between July 26th and August 5th. Military personnel will conduct training exercises to ensure the military’s ability to operate in urban environments...
Papandreou pushes for unity government as protesters clash with police in capital Athens over austerity measures.
Administration Insists War Will Continue Amid Growing Congressional Opposition
As we mark Osama bin Laden's death, what's striking is how much he cost our nation--and how little we've gained from our fight against him.
America's Public Enemy #1 - He's far bigger and badder than Osama bin Who, says Gerald Celente. / Isn't It Time We Overthrew the State? - Hans-Hermann Hoppe on the legal case for anarcho-capitalism. / 'Government Cured the Great Depression' - Gary No
Sen. Paul and Judge Napolitano talk about the debt ceiling and the War on Terror.
2011 Spending to Increase on Afghan War Costs
The Slavery of Government Courts - Murray Rothbard on the "justice system." / The Criminality of War - Can a Christian take part? Article by Laurence Vance. / About Your Gold Coins - Gary North on what veterans and newcomers need to know.
One week after an international military coalition intervened in Libya, the cost to U.S. taxpayers has reached at least $600 million, according figures provided by the Pentagon.
First in muni land, he expects massive carnage, and is already setting up a fund to buy closed-end muni funds in the next year when they crash to 40% of their net asset values. What makes the muni market so crisis proone is the nature of investors...
Barring some sort of deus ex machina, it seems certain that a government shutdown is coming in just two weeks (March 4, when the existing temporary funding bill runs out).
Illinois and Nevada have the most serious immediate problems, but this doesn't means states like California are out of the woods. Many states will develop the same kinds of problems, as Illinois and Nevada, over time.
So the Federal Reserve will have to continue monetizing the Federal government debt, with no end in sight—it really has no choice: If it doesn’t, interest rates will rise so high so fast, that the Federal government would simply go broke.
The House passed an amendment Thursday that would bar the Federal Communications Commission from using any funding to implement the network-neutrality order it approved in December.
In 1998 the TOTAL SPENDING of the Federal government was $1.65 trillion. We now run deficits that equal the entire budget of the United States in 1998, without blinking an eye or questioning how we got here. The politicians have scared the populace..
Cash-strapped US states and cities face the prospect of downgrades after Fitch Ratings changed the way it analyses their burgeoning pension bills.
Introduction – We rarely ever send out a special alert. This is a time when it is necessary. The reason is the US Dollar is in the process of no longer being accepted as a reserve currency. The value of the dollar will then decline and this will resu
“The key questions are whether states and local governments are funding their pensions, how much it is taking up of their general fund and concern about the crowding out of spending for other needs,” said Laura Porter at Fitch.
