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The Best in Alternative News

Here’s Who Owns a Record $21.21 Trillion of U.S. Debt…

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Who owns the huge and growing U.S. national debt? By and large, Americans. Some 70% of the national debt is owned by domestic government, institutions investors and the Federal Reserve. A shade under 30% is owned by foreign entities, according to the latest information from the U.S. Treasury. The nation’s debt climbed to a record […]

National Debt Jumps $500B in Less Than Six Months…

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The U.S. national debt has increased by more than half a trillion dollars in less than six months, amid predictions that the U.S. is on the verge of returning to another explosion in government borrowing. The debt rose to an all-time high of $21.4 trillion on Thursday, according to government data posted Friday. That’s more […]

Obama Administration Knowingly Funded a Designated Al-Qaeda Affiliate…

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The Middle East Forum has discovered that the Obama administration approved a grant of $200,000 of taxpayer money to an al-Qaeda affiliate in Sudan — a decade after the U.S. Treasury designated it as a terrorist-financing organization. More stunningly, government officials specifically authorized the release of at least $115,000 of this grant even after learning […]

Why China Can’t Afford a Trade War…

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China and the United States have agreed not to impose tariffs on one another—that is, not to engage in a trade war—at least while they negotiate a trade settlement. If the White House is to be believed, China has agreed to increase “significantly” its purchases of American goods, especially agricultural products. This is welcome news: […]

Washington Aims at Venezuela’s Cryptocurrency in New Round of Sanctions…

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The White House on Monday continued tightening financial sanctions on Venezuela, issuing an order prohibiting U.S. citizens from making any transactions in the Petro, the socialist administration’s newly launched cryptocurrency. The presidential order prohibits U.S. citizens from dealing in “any digital currency, digital coin, or digital token” issued by Venezuela after January 9, 2018. Venezuela […]

National Debt Hits $21 Trillion….

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The national debt exceeded $21 trillion for the first time on Thursday, a little more than six months after it hit first $20 trillion on Sept. 8. The national debt was $21.031 trillion on Thursday. The government releases total debt figures each business day, but it lags by one day. Federal borrowing has been on […]

U.S. Accuses Russia of Cyber Attacks, Sanctions “Putin’s Chef”, Russian Troll Farm…

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The US Treasury’s Office of Foreign Assets Control has posted a new and improved list of cyber-related sanctions targeting several Russian individuals and entities. Among those sanctioned are Yevgeniy Prigozhin, a Russian caterer known as “Putin’s Chef.” As Bloomberg reports, The U.S. issued financial sanctions against two major Russian intelligence agencies along with a St. […]

Stockman: $1.8 Trillion in New Treasury Debt Will Hit Bond Pits “Like a Tornado”…

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Investors have been whiplashed so far this week and it’s only Wednesday morning. On Monday, the Dow rocketed ahead by 399 points. On Tuesday, it plunged by 299 points. What changed investor sentiment so dramatically in 24 hours? David Stockman, the former Director of the Office of Management and Budget under President Ronald Reagan who […]

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