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News & Articles By Cassie B.
12/05/2024
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By Cassie B.
U.S. pension systems are on the verge of debt collapse
Pension systems throughout the U.S. are falling deeper into what experts term “pension debt paralysis,” even in the face of record-setting contributions from state and local governments. The city of Milwaukee was recently given a grade of D by Truth in Accounting for its financial position due to its pension system’s huge net liability of […]
11/27/2024
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By Cassie B.
WAR RACKET: Polish politician accuses corrupt Ukrainians of embezzling and diverting half of American aid
A Polish politician claims that Ukraine did not receive all the aid that the Biden administration provided them – and much of the money they did receive was embezzled. This is according to Piotr Kulpa, a former Polish deputy minister who is now a political commentator. He previously served as Poland’s deputy labor minister and […]
11/25/2024
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By Cassie B.
State Dept. allowing global censorship hub to hide government grants from American taxpayers
A global censorship hub known as the National Endowment for Democracy has gone out of its way to hide information about the government grants it receives and awards, potentially violating the Federal Funding Accountability and Transparency Act – but it turns out they have an agreement with the State Department to keep quiet about it. […]
11/17/2024
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By Cassie B.
Fed pulls half of credit available from BTFP, engineering a potential banking crash to be thrown in Trump’s lap
The Fed’s latest move has some observers warning that we could be about to experience another crash. X user @FinanceLancelot cautioned: “The Federal Reserve’s emergency BTFP dropped by a shocking $30 billion this week, leaving only $26 billion left.” “Jerome Powell is pulling the liquidity rug away to trigger a crisis, exactly like Feb 2020,” […]
11/05/2024
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By Cassie B.
America’s current economic problems pose a big challenge for the next president (Trump)
Economic experts are warning that whoever ends up winning the election will face an uphill battle when it comes to the American economy, and many of the solutions both candidates have put forth to address issues plaguing the economy could end up causing unintended problems. Right now, many Americans are unhappy with the state of […]
10/14/2024
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By Cassie B.
Consumer Price Index rises more than expected as Americans pay more for everything amid ongoing inflation
The latest Consumer Price Index report has just been released, and it showed a higher rise than expected, marking the 52nd straight month of core consumer price rises on a month-over-month basis. The 2.4% increase recorded in September on an annual basis was slightly higher than the 2.3% that was forecast for the index, which […]
09/30/2024
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By Cassie B.
Gold and silver hit record highs amid geopolitical tensions and Fed rate cuts
As geopolitical tensions continue to heighten, gold and silver prices are surging, compounded by weak American economic data and potential rate cuts by the Federal Reserve. On Tuesday, gold hit a historic high of $2,657 dollars in a 1.1% gain on the day, before hitting another record high on Thursday of $2,685.58. So far this […]
07/31/2024
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By Cassie B.
Ukraine’s credit rating downgraded again by Fitch over $20 billion debt restructuring
The credit rating agency Fitch has downgraded Ukraine’s credit rating as the conflict with Russia continues, cautioning that a default is imminent. Fitch moved the country from a CC rating to C after they reached an agreement, at least in principle, with foreign investors for restructuring their $20 billion debt on Monday. Last week, Ukraine’s […]
07/19/2024
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By Cassie B.
Nearly 1 million Californians rely on 385 failing public water systems
A new report shows that hundreds of public water systems in California fall short of the recommended drinking water safety standards, and it’s symptomatic of wider problems in the liberal-run state. According to the State Water Resources Control Board, around 913,000 California residents are affected by the 385 public water systems that are currently failing; […]
07/11/2024
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By Cassie B.
Saudi Arabia threatened to sell European debts if G7 confiscates Russian assets
Saudi Arabia threatened to sell off some of its European debt holdings earlier this year if the G7 went forward with rumored plans to seize nearly $300 billion in Russian assets it had frozen. One source who was aware of the discussions described it to Bloomberg as a “veiled threat,” while two sources said that […]
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