Archives for November 2017

GOOD RIDDANCE: Janet Yellen leaving Federal Reserve in 2018

Janet Yellen announced on Monday that she will be leaving the Federal Reserve once Jerome Powell is sworn in as the new Chair of the United States central bank. The only thing we can say is: good riddance! She said in a statement: "As I … [Read more...]

WATCH: Milton Friedman talks monopolies, antitrust

The Department of Justice (DOJ) is trying to block the AT&T-Time Warner merger by claiming it violates antitrust laws. The real reason, of course, is that President Donald Trump is going after his political opponents, namely CNN, which is owned … [Read more...]

Ron Paul: Yemen’s tragedy ‘is the result of foreign military intervention in the internal affairs’

By: Ron Paul It’s remarkable that whenever you read an article about Yemen in the mainstream media, the central role of Saudi Arabia and the United States in the tragedy is glossed over or completely ignored. A recent Washington Post article … [Read more...]

SOCIALISM: The Daily Hell of Life in the Soviet Bloc

By: James Bovard This month is the 100th anniversary of the Communist Party’s seizure of power in Petrograd, Russia. British Guardian columnist Paul Mason recent declared that the Soviet revolution provided “a beacon to the rest of humanity, no … [Read more...]

WATCH: Anti-Roy Moore CNN, MSNBC defend Senator Al Franken

Roy Moore is a creep. Al Franken is a creep. This month, the media have crucified the Alabama United States Senate Republican candidate over sexual misconduct allegations. At the same time, the media have given the Minnesota Democratic Senator a … [Read more...]

POLL: Just 39% say bitcoin is in a bubble

Bitcoin, the peer-to-peer decentralized digital currency, recently topped $8,000 amid the crisis unfolding in Zimbabwe and Venezuela. Despite maintaining all the hallmarks of a bubble, the most avid of bitcoin proponents argue that it isn't a bubble … [Read more...]

STUDY: 7 of 10 richest members of Congress are Democrats

For years, libertarians have fervently argued that the Democrats and the Republicans are the same thing, pointing to a host of issues, like war and welfare. Today, however, it has become quite clear on the surface to the average American that … [Read more...]

Week in Review: November 13 to November 19

In case you missed any of this week's articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: LOL: The greatest Donald Trump tweet you will ever read Government Recycling Programs Waste Valuable … [Read more...]

Housing Bubble 2.0: Michigan bank offers zero-down mortgage

Credit restrictions that were imposed soon after the collapse of the housing bubble about a decade ago have gradually been removed. You're finding more and more financial institutions reducing standards, offering subprime borrowers more credit. In … [Read more...]

WRITE A CHECK: Leftist Billionaires Virtue Signal on Tax Cuts

By: Gary Galles As happens every time any sort of tax change that can be demonized as “tax cuts for the rich” is proposed, the Trump administration’s framework for tax reform has been met with “tax me more” virtue signaling. The latest installment … [Read more...]