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10/09/2020
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By News Editors
Democrats want you to pay the media’s bills
The media is dying. Its business model is defunct. Its bias has alienated most of the country. In the latest Pew survey, the only group that still trusts the media are Democrats. (Article by Daniel Greenfield republished from FrontPageMag.com) And while so many millions are out of work, Democrats are bailing out the media. The wave […]
10/09/2020
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By Ramon Tomey
Coronavirus pandemic lockdowns worsen the “debt mountain” problem of the American middle class, which is being deliberately CRUSHED
Forty-three-year old Alysse Hopkins and her husband Ian Boschen earned a comfortable living in the suburbs of New York City. Their combined income of $175,000 covered the mortgage, two car leases, student loans, credit cards and the expense of raising two daughters. But Hopkins’ work as a lawyer representing clients in foreclosure cases and personal […]
10/06/2020
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By Ramon Tomey
More than half of US states unable to pay their debts – report
A report examining all 50 U.S. states’ fiscal health found that 39 of these do not have enough money to pay their bills. The eleventh edition of the Financial State of the States report, published by non-profit organization Truth in Accounting (TIA), showed that the total debt among all 50 states amounted to $1.4 trillion […]
09/23/2020
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By Franz Walker
BLOWOUT: Coronavirus relief spending will cause federal debt to increase to 104 percent of GDP by next year
The ongoing Wuhan coronavirus (COVID-19) pandemic, including federal relief efforts to blunt its impact on the economy, will cloud the U.S.’s long-term fiscal outlook for decades to come. This analysis comes from the Congressional Budget Office (CBO), which released new forecasts Monday, showing that federal debt will likely surge to 104 percent in 2021 and be nearly twice […]
08/07/2020
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By Ethan Huff
DEBT SUICIDE: Democrats pushing for $3.4 trillion in new “stimulus” money to bail out failing Democrat-run states
CNN‘s Manu Raju recently asked House Speaker Nancy Pelosi what it would take for House Democrats to support the new proposed stimulus deal, and her response was $3.4 trillion in funding for failing states that are going bankrupt, many of which are run by Democrats. Indicating that she has no plans to budge on the […]
07/21/2020
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By Mike Adams
The Long Drift Toward OBLIVION: John Rubino interviewed by the Health Ranger on the coming monetary catastrophe
In this latest interview for Brighteon Conversations, financial analyst John Rubio of DollarCollapse.com warns that our world is on the “long drift toward oblivion” which will end in catastrophe. In this interview, we also discuss the endless money printing by the Fed, which seems determined to expand its balance sheet to infinity by bailing out […]
06/15/2020
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By Franz Walker
Coronavirus recession will hurt low-income and emerging market economies for years
As the world starts to recoup its losses over the economic carnage brought on by measures to stop the Wuhan coronavirus (COVID-19), it’s becoming clear that recovery will not be easy. A new study from the World Bank states that low-income and emerging market economies will remain deeply damaged five years after the pandemic. The ongoing coronavirus pandemic has already […]
06/05/2020
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By News Editors
The national debt clock is flashing a major red alert
The National Debt Clock is flashing a major warning, Red Alert! this morning while working on another article I happened to glance at this indicator and recoiled in horror. While most people are aware the national debt has exploded, it brought my focus back to this subject. Many of us that watch the economy closely […]
05/13/2020
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By Tracey Watson
California becomes the first state to borrow money from the federal government to pay unemployment claims
With millions of Americans filing for unemployment benefits as the COVID-19 pandemic decimates the economy, states have come under increasing pressure to find the money to pay these claims. As reported by CBS Sacramento, California has become the first state to borrow from the federal government to meet these demands, with the Employment Development Department […]
04/12/2020
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By Mike Adams
Trump’s INSANE-o-nomics: Govt. will pay Americans to sit at home and collect $15 / hour while small businesses collapse from lack of labor during attempted “recovery”
Clarification: The comments about this article led me to realize I didn’t do a good job explaining the timing of all this. The lockdowns are ending May 1st, based on current talk from the White House. Yet the “bailout money” paychecks will keep being paid to people for three additional months (at least), and probably […]
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