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News & Articles By Ramon Tomey
05/22/2023
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By Ramon Tomey
Pentagon admits to $3B “accounting error” in Ukraine aid, which means more goodies for Zelensky
The Department of Defense (DoD) has purportedly found a $3 billion accounting error that short-changed Ukraine of American aid. Rectifying this error would mean more weapons, ammunition and equipment being sent to Kyiv. The department cited a Senate aide and an official with the DoD, who were both anonymous. The two said the U.S. military had […]
05/11/2023
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By Ramon Tomey
Pentagon to announce another $1.2B weapons package for Ukraine – when does it end?
The Department of Defense (DoD) has announced plans to provide $1.2 billion worth of weapons for Ukraine. This forms part of an ongoing program to build up the Ukrainian Armed Forces (AFU) over the long term and provide for immediate battlefield needs. The DoD confirmed the plan on May 9, adding that the money was […]
05/01/2023
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By Ramon Tomey
California businesses still paying for Julie Su’s $31B mistake
Businesses in California are still shouldering the $31 billion mistake of Acting Labor Secretary Julie Su three years on. The so-called “Su tax” was a hike in payroll taxes imposed to offset the massive benefits fraud that happened during the Wuhan coronavirus (COVID-19) pandemic in 2020. Nearly 60 businesses and agriculture groups in the Golden […]
03/15/2023
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By Ramon Tomey
Economist: Silicon Valley Bank collapse just the “tip of the iceberg” under Biden admin’s reckless economic policies
An economist has warned that the recent collapse of California-based Silicon Valley Bank (SVB) was only the “tip of the iceberg” under the Biden administration’s economic policy. Freedom Works Chief Economist Steve Moore put in his two cents on the bank’s failure during a March 13 appearance on Fox News. He warned the conservative outlet […]
03/14/2023
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By Ramon Tomey
Silicon Valley Bank collapse sends investors scrambling toward bonds, gold
The collapse of California-based Silicon Valley Bank (SVB) sent investors scrambling toward bonds and gold to keep their assets safe. SVB failed on March 10 after a bank run depleted its funds. The California Department of Financial Protection and Innovation subsequently seized the bank and put it under the receivership of the Federal Deposit Insurance […]
02/21/2023
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By Ramon Tomey
Real estate collapse: LA property management firm defaults on $755M loans
A property management firm in Los Angeles defaulted on $755 million loans for two office buildings under its wing. Fortune reported on Feb. 15 that Brookfield DTLA Fund Office Trust Investor, a subsidiary of Brookfield Corporation, is deeply in the red. Back in November of last year, the fund manager warned that it may face […]
02/09/2023
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By Ramon Tomey
Migrants leaving NYC for Canada by bus – on taxpayer dime
Illegal immigrants in New York City (NYC) transported by bus from southern states are now leaving the Big Apple for Canada on taxpayers’ dime. According to the New York Post, most of the illegal aliens packing up and leaving NYC are fed up with the city’s crime and filth. The outlet spoke to a source at […]
02/06/2023
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By Ramon Tomey
Economic collapse incoming: Sweden hit with wave of bankruptcy filings
The Scandinavian nation of Sweden saw a sharp increase in the number of companies filing for bankruptcy. Russia Today (RT) mentioned that the number of bankruptcy filings surged to the highest level in at least a decade in January. It cited a Feb. 1 Bloomberg report that also pointed out the increase coinciding with an […]
12/21/2022
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By Ramon Tomey
Watchdogs demand Congress stop funding Wuhan lab responsible for COVID-19
Seven watchdog groups urged Congress to stop funding the controversial laboratory in China responsible for the Wuhan coronavirus (COVID-19). The seven groups outlined this demand in a Dec. 16 letter addressed to Sen. Patrick Leahy (D-VT), Sen. Richard Shelby (R-AL), Rep. Rosa DeLauro (D-CT) and Rep. Kay Granger (R-TX). Leahy and Shelby head the Senate Appropriations […]
11/17/2022
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By Ramon Tomey
Bitcoin’s drop in value triggered by FTX fiasco a “deadly blow” to El Salvador’s financial solvency
Bitcoin’s sudden drop in value, triggered by the collapse of cryptocurrency exchange company FTX, dealt a “deadly blow” to the Central American nation of El Salvador. The most popular crypto token saw a 21 percent drop in its value, with its price hitting the lowest in two years. While the ongoing global economic recession seriously […]
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