Sen John Kennedy took to the Senate floor on Thursday detailing how the Silicon Valley Bank collapsed, Biden’s proposed $6.9 trillion budget including $4.7 trillion in proposed tax increases; it is estimated these proposals will add a whopping $16 trillion more to the nation’s growing debt…
‘You know what I learned today?’: The Federal Reserve Failed to Stress Test Silicon Valley Bank Plus Sen Kennedy Reviews Biden’s Proposed $6.9T Budget…
Sen John Kennedy took to the Senate floor on Thursday detailing how the Silicon Valley Bank collapsed, Biden’s $6.9 trillion budge, $4.7 trillion in tax increases adding $16 trillion more to the nation’s growing debt…
The Bizarre Action in U.S. Treasuries Is Linked to the U.S. National Debt and the Repeal of the Glass-Steagall Act…
Yesterday, the Dow Jones Industrial Average closed up 258 points but the yield on the 10-Year U.S. Treasury fell below 1.50 percent. In a normal market, if stocks are rallying that means there is confidence in the trajectory of economic growth in the U.S. When yields are collapsing on U.S. Treasuries, that means there is […]
House Freedom Caucus Opposes ‘Unsustainable’ Budget Agreement…
It’s Over: The Democrats and the Republicans Are Both Conspiring to Bankrupt America and Destroy Our Future…
Both major political parties are working together to destroy America’s financial future, and most Americans don’t seem to care. Once upon a time, the Republicans were considered to be “the party of fiscal responsibility”, but now they are just as bad as the “free spending” Democrats. As you will see below, a “compromise” budget deal […]
National Debt Hits $22 TRILLION…
The national debt has passed a new milestone, topping $22 trillion for the first time. The Treasury Department’s daily statement showed Tuesay that total outstanding public debt stands at $22.01 trillion. It stood at $19.95 trillion when President Donald Trump took office on Jan. 20, 2017. The debt figure has been rising at a faster […]
“The outlook is not good”: Goldman Sees U.S. in Dire Straits As Deficit Hits $2 Trillion in 10 Years…
Three months ago, Goldman first among the big banks warned that the US fiscal trajectory was dire, warning that “US fiscal policy is on an unusual course” with the budget deficit expected to widen over the next few years, as a result of prior imbalances and recently enacted policies – namely Trump’s dramatic fiscal stimulus […]
The World Is Now $217,000,000,000,000 In Debt And The Global Elite Like It That Way…Imagine the Interest Paid on that Debt…
The borrower is the servant of the lender, and through the mechanism of government debt virtually the entire planet has become the servants of the global money changers. Politicians love to borrow money, but over time government debt slowly but surely impoverishes a nation. As the elite get governments around the globe in increasing amounts […]
Obama On Pace To Increase The Debt By Stunning $2.4 Trillion This Year
OK, this is pretty nuts. According to data released by the Treasury Department yesterday, the US national debt has soared by a whopping $294 billion since the start of the 2017 fiscal year, just 45 days ago. That’s an annualized increase of 13%…