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News & Articles By Arsenio Toledo
04/03/2023
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By Arsenio Toledo
Social Security reserves draining faster than expected
Social Security’s reserves are being drained at a faster rate, and the benefits it pays out to sustain about 67 million Americans are now set to be depleted in 2034, one year earlier than previously projected. An economic slowdown, persistently high and record-breaking inflation and weaker productivity growth are all contributing to the downturn in Social […]
03/30/2023
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By Arsenio Toledo
Just five of Chicago’s largest public pension systems owe more pension debt than the sum of 44 states
The public pension funds of the City of Chicago owe so much debt that they rival the debt held by 44 states. This is according to the Illinois Policy Institute, a libertarian public policy think tank, which found that the city has $48 billion pension debt. The massive size of Chicago’s pension fund underscores how difficult […]
03/24/2023
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By Arsenio Toledo
Coalition warns against using taxpayer dollars to restart dangerous nuclear power plant in Michigan
A coalition of concerned groups representing thousands of people on Wednesday, March 22, implored the federal government to not fund the revival of the Palisades Nuclear Generating Station in Van Buren County, southwestern Michigan. The administration of President Joe Biden has pledged $1.2 billion to keep nuclear reactors in the United States online. Biden’s environment team […]
03/24/2023
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By Arsenio Toledo
US bondholders preparing to sue Swiss government over wipeout of $17 billion worth of Credit Suisse bonds
American investors in Credit Suisse and corporate litigators are preparing to take on the government of Switzerland over its decision to wipe out $17 billion worth of Credit Suisse bonds. Swiss bank Credit Suisse was sold to one of its main competitors, UBS, in a sale brokered by the Swiss government. As part of this deal, […]
03/15/2023
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By Arsenio Toledo
Investigation shows taxpayers may have been DOUBLE BILLED by US government for projects in Wuhan
The United States government may have duplicated payments for projects at labs in Wuhan, China, including the lab where the Wuhan coronavirus (COVID-19) was engineered and subsequently leaked to the public. Catherine Herridge and Analisa Novak of CBS reported that these labs may have billed both the National Institutes of Health (NIH) and the U.S. Agency for International […]
03/02/2023
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By Arsenio Toledo
America spent $11 TRILLION on COVID-19 but nearly NOTHING on compensating those injured by the vaccines
The United States has spent over $11 trillion on the Wuhan coronavirus (COVID-19) pandemic, but has spent next to nothing compensating those injured by the vaccines. The amount the U.S. has spent on COVID-19 was calculated by the Committee for a Responsible Federal Budget, a non-profit public policy think tank. It has found that the […]
02/21/2023
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By Arsenio Toledo
US could default on its debt by July if deal on raising the debt ceiling is not reached
The Congressional Budget Office (CBO) has warned that the United States could default on its national debt if Congress and the White House are unable to agree on raising the debt ceiling. The current debt ceiling is $31.4 trillion. The U.S. is expected to reach this limit sometime between July and September, according to the […]
02/16/2023
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By Arsenio Toledo
Federal government hides true rate of inflation by changing how CPI is calculated
Federal authorities may be hiding the true rate of inflation from the American public by changing how the Consumer Price Index (CPI) is calculated. This is according to financial expert Rebecca Walser, who noted in an interview with Brannon Howse, host of the “Worldview Report,” that this main statistic used to track how prices change […]
02/06/2023
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By Arsenio Toledo
Credit card debt SURGES to record-high $930.6 billion and will keep increasing due to inflation, interest rates
The amount of credit card debt owed by Americans jumped by 18.5 percent, hitting a record-high of $930.6 billion – and this is expected to climb even higher as American consumers continue to deal with nflation and rising interest rates. “Whether it’s shopping for a new car or buying eggs in the grocery store, consumers continue to […]
02/03/2023
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By Arsenio Toledo
US, NATO using discredited domino theory to justify sending even more taxpayer-funded arms shipments to Ukraine
The United States and the North Atlantic Treaty Organization are using a discredited Cold War-era political theory to justify sending Ukraine even more weapons. The domino theory is the Cold War theory that justified further participation in the Vietnam War, claiming that if the North Vietnamese are not stopped, their communist ideology would spread to the […]
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