#governmentdebt

Why The National Debt Doesn’t Matter If you’ve read my post about Modern Monetary Theory you’ll understand that in a sovereign floating fiat money system (e.g. US dollar, Japanese yen, but not the Euro,

Shock Report Reveals Pentagon & HUD ‘Lost’ $21 TRILLION—Enough to Pay Back Nat’l Debt Washington, D.C. – A new report analyzing the budgets of both the Department of Defense (DOD) and the Department

By David Stockman - Posted September 11, 2017 Maybe the Democrats did win the 2016 election. Or at least the the Deep State and its accomplices among the beltway political class, K-Street lobbies and the

By Michael Snyder, on September 11th, 2017 When will America finally wake up? The borrower is the servant of the lender, and we now have a colossal 20 trillion dollar chain around our collective ankles.

Well this can't be good. A $36 million spending plan. Governor Rauner vetoes it because the state is already broke. Haven't had a budget in 3 years. (Img source: Twitter) The governor was overridden by

Since the creation of the Federal Reserve in 1913 there has been cheating going on and the American public and anyone else that has been using the dollar is paying the price (no pun intended). Gold and