Guest Post: How Big Government Kills The American Dream Authored by U.S. Rep. Jaime Herrera Beutler of Camas, Clark County, originally posted at The Seattle Times, Last week, Sen. Elizabeth Warren, D-Mass., and New York Mayor Bill de Blasio published their prescription for reviving the American dream. They are right to focus on the dream. …
Category: Economy
May 15
‘WE THE PEOPLE’ NEED TO CIRCLE THE WAGONS: THE GOVERNMENT IS ON THE WARPATH
How many Americans have actually bothered to read the Constitution? John W. Whitehead (Rutherford Institute) “The government is merely a servant―merely a temporary servant; it cannot be its prerogative to determine what is right and what is wrong, and decide who is a patriot and who isn’t. Its function is to obey orders, not originate …
May 15
Today’s News May 15, 2015
Why Not Tell Greece How To Run A Democracy? Submitted by Raul Ilargi Meijer via The Automatic Earth blog, I know I’ve talked about this before, but it just keeps coming and it keeps being crzay. Bloomberg ‘reports’ that the ‘German Finance Ministry’, let me get this right, “is supporting the idea of a vote …
May 14
Today’s News May 14, 2015
Chinese Iron Ore Prices Plunge After CISA Warns Of Persistent Overcapacity Having rebounded along with practically every other risk-asset class in the world over the last month or so, Chinese Iron Ore futures are collapsing tonight. Despite the promise of Chinese LTROs expanding credit (just like they didn’t in Europe), iron ore prices are down …
May 13
Greece Is Now Just A Political Issue
Greece paid off the IMF yesterday with its IMF reserves. Is that a big deal? Whatever you may want to read into this, it’s been obvious for years that Greece needs major debt restructuring if it wants to move forward and have a future as a country -let alone a member of the eurozone-. Instead, …
May 13
Today’s News May 13, 2015
Europe Preparing Greek Bankruptcy Loan "In Event Of Grexit" Earlier today, we learned that, contrary to what Greek government officials had been implying for the better part of a week, Athens did not have enough money to make a €750 million payment to the IMF on Tuesday. Instead, Greece borrowed most of the money (€650 …
May 12
In September, The UN Launches A Major Sustainable Development Agenda For The Entire Planet
Michael Snyder Economic Collapse Blog The UN plans to launch a brand new plan for managing the entire globe at the Sustainable Development Summit that it will be hosting from September 25th to September 27th. Some of the biggest names on the planet, including Pope Francis, will be speaking …
May 12
Today’s News May 12, 2015
Demographic Devastation: Italy's Birth Rate Drops To 150 Year Low Italian women would “like to have more [children], but the conditions just aren’t good enough,” laments one new mother as CBS News reports, official figures show that in 2014 there were fewer babies born in Italy than at any time since 1861. “Nowadays people don’t …
May 11
Today’s News May 11, 2015
SmartKnowledgeU Podcast #6: Deciphering the Language of Lies Very rarely, if ever, is there a failure of regulators, a failure of central bankers, a failure of commercial bankers, failures on the war on drugs, failures in military wars, etc. because all of these institutions and people deliberately plan, execute and achieve exactly what they intend …
May 10
Today’s News May 10, 2015
Schäuble Warns of “Sudden” Greek Default Wolf Richter www.wolfstreet.com www.amazon.com/author/wolfrichter The governments of Greece – new and old – screwed up. Other debt-sinner countries are able to borrow at near-zero or negative interest rates, simply taking money from investors with a promise to return it on a given day in the future if investors give …
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