Dr. Ron Paul may be retired from politics, but he is still providing his respected insight into the chaos known as Washington politics. In his latest Texas Straight Talk on Monday, the three-time presidential candidate and bestselling author stated that the budget debate between President Barack Obama and the Republican leadership is nothing but a […]
Archives for March 2013
Elizabeth Warren: Why isn’t the minimum wage at $22 per hour?
Massachusetts Democratic Senator Elizabeth Warren wants to know one thing: why isn’t the minimum wage at $22 per hour? During a Senate Committee on Health, Education, Labor and Pensions hearing Monday, Warren cited a study that showed the minimum wage had stayed flat since 1960 and it has not risen with the rise of inflation […]
Peter Schiff: Cyprus bankster bailout is bullish for gold
Peter Schiff has released a new video blog about the Cyprus bankster bailout where bank deposits will be taxed by the Cyprus government in an agreement with he International Monetary Fund. He suggests that the bailout will be bullish for gold as there will be more fear about the safety of having cash in banks […]
Cyprus debates imposing bank deposit tax to bailout banks
Over the weekend, Cypriots were shocked to find that the government may impose a tax on all bank deposits as part of a bailout agreement with the International Monetary Fund (IMF). On Saturday, Cyprus agreed to a bailout of 10 billion euros ($13 billion) from its cohorts in Europe and the IMF in order to […]
The real U.S. national debt is $222 trillion, not $17 trillion
Think the U.S. national debt stands at roughly $17 trillion? Think again. If this outrageous amount wasn’t bad enough, the actual national debt is closer to $222 trillion, according to Prof. Lawrence Kotlikoff of Boston University. This is the real debt when you count all of the federal government’s unfunded liabilities for programs such as Medicare […]