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News & Articles By JD Heyes
07/09/2017
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By JD Heyes
Bankrupt Illinois just body-slammed citizens as legislature approved whopping 32 PERCENT hike in income taxes, but it won’t stop the fiscal COLLAPSE
They say desperate times call for desperate measures, but oftentimes being desperate leads to incredibly bad decisions. And the Democrat-controlled Illinois Legislature just made one. On Thursday the legislature finally passed a budget — its first since 2015 — by overriding Republican Gov. Bruce Rauner’s veto. The governor’s big hang-up with it? The budget proposal […]
06/21/2017
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By JD Heyes
Charles Hugh Smith explains the “supernova model of financial collapse” that’s now imminent across our debt-infested world
Once upon a time governments actually had to be fiscally responsible, spending no more than they took in. Expenditures had to match revenues, in other words; when the money ran out, that was all there was. But somewhere along the line — some say it all changed at the Bretton Woods summit that occurred towards […]
05/27/2017
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By JD Heyes
Cowardly lawmakers relying on bogus CBO estimates of people who will “lose coverage” under Obamacare repeal: Is collapse of the system better?
As monthly health care premiums and patient deductibles continue to spiral upward, leaving tens of millions of Americans without any practical health coverage to speak of, congressional cowards are using every excuse in the book to not repeal the law responsible for economically savaging scores of families and businesses. One of the most popular excuses […]
05/23/2017
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By JD Heyes
Great again: Trump budget seeks to cut $3.6 TRILLION as part of plan to “put taxpayers first”
President Donald J. Trump’s first budget as the nation’s chief executive was released last Tuesday and immediately fell under assault by establishment politicians in both parties who have obviously lost sight of their moral and constitutional duty to leave the country better off than when they first began to serve it. They were, of course, […]
05/23/2017
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By JD Heyes
Expert says fiscal collapse is inevitable if Congress, Trump don’t stop national debt from ballooning
As a candidate, then-Democratic presidential nominee Barack Obama said in 2008 that his predecessor, President George W. Bush, was “irresponsible” and “unpatriotic” for doubling the national debt under his watch — from about $4.5 trillion to more than $9 trillion. Then Obama doubled it under his watch, and it now sits at nearly $20 trillion. […]
05/21/2017
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By JD Heyes
Texas establishing its own gold bullion depository, distancing itself from central banks and soon-to-collapse fiat currency
No doubt back in the time when Noah built his ark and gathered up animals ahead of God’s promised flood, more than a few people thought he was just a little off his rocker. Then it rained for 40 days and 40 nights. Whether or not you believe that account from the Christian Bible’s Book […]
05/20/2017
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By JD Heyes
Silly Americans mock Venezuela’s 99.5% currency collapse, thinking it can’t happen here
Yet another real-life attempt at creating a successful Marxist government is going down in flames — this time in Venezuela — harming millions of people in the process even as the far-Left government of President Nicolas Maduro doubles, triples and quadruples down on the same failed fiscal policies. To say that the country is an […]
05/11/2017
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By JD Heyes
U.S. government posts massive surplus in April but spendthrift Congress has blown it already by not accepting Trump budget cuts
The federal government experienced a phenomenon in April not often seen in the age of massive budget deficits – a $182 billion surplus – but you can bet not one penny of it will go towards paying off even a smidgen of the $20 trillion national debt because Congress refuses to curb its spendthrift habits. […]
04/14/2017
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By JD Heyes
Insider warns of financial Armageddon that will lock down the banks and ATM’s leaving most penniless
In the weeks before the Nov. 8 elections, Natural News founder/editor Mike Adams, the Health Ranger, warned that if then-GOP nominee Donald J. Trump won, the Deep State would work against him to crash the U.S. economy so he would take the blame. Adams wrote: Very soon after Trump takes office, the globalist criminal bankers […]
04/14/2017
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By JD Heyes
These personal financial emergencies will wipe out most households – Part II
In Part I of this series, we talked about some of the most common economic calamities that could strike at virtually anytime, leaving you and your family heavily in debt and economically devastated, perhaps for years. Some of those potential economic emergencies include loss of job/employment, an unexpected car repair, major health crisis, sudden home […]
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