marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
federal government
09/25/2020
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By Zoey Sky
As extra unemployment benefits run out, laid-off workers scramble to look for jobs amid coronavirus pandemic
The Wuhan coronavirus (COVID-19) pandemic has been hard on everyone, but laid-off workers in America have been struggling the hardest. While a short term extension of relief has helped them put food on the table, many unemployed Americans are struggling to look for jobs as extra unemployment benefits are starting to run out. Running out […]
05/20/2020
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By Ethan Huff
Gavin Newsom says federal government has “moral” and “ethical” obligation to bail out socialist states that have racked up insurmountable debt
After suffering years of financial mismanagement at the hands of Gavin Newsom, and before him, Jerry Brown, California is now in some deep fiscal trouble. But rather than own up to his mistakes and take responsibility for them, Newsom is instead blaming the Wuhan coronavirus (COVID-19) for his poor leadership while demanding that the federal […]
04/13/2020
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By JD Heyes
Are you ready for the big pension fund bailout of 2020? Governors who imposed coronavirus lockdowns now want taxpayers to cough up $500 billion
We’ve been carefully monitoring the fiscal health of several states with mounting pension fund debt for several years because a couple of them have been teetering on the edge of bankruptcy. One of them was California, but thanks to the omnipresence of successful tech start-ups in Silicon Valley, the state’s Democrats who created the pension […]
10/08/2019
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By JD Heyes
The pension apocalypse begins as GE freezes benefits for 20,000 employees
One thing the Democrat Left has always been good at is spending other people’s money. Whether it’s Democrat lawmakers spending trillions of dollars our country doesn’t have or their allies in the Left-wing labor union sector forcing companies to expend money in worker benefits beyond what is reasonable, there never seems to be enough money […]
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