Although the mainstream media and establishment like to portray preppers as paranoiac conspiracy theorists, those who prepare in event of a disaster or an emergency might be the ones to have it correct: adapt or die. Indeed, there is an array of preppers: from those who are ready to sit it out for a few […]
Archives for May 2013
U.S. pays $35 billion toward the national debt in second quarter
For the first time in six years, the United States Treasury Department paid a small portion of the national debt. In the second quarter of this year, the U.S. is expected to pay down $35 billion on the near $17 trillion national debt because of stronger-than-expected revenues, according to a statement released by the Treasury […]
Amazon launches its own virtual currency; one coin equals one cent
Amazon has announced that it has launched Amazon Coins, its own virtual currency that allows individuals to purchase apps, in-apps and games from the Amazon Appstore. At the present time, it’s only available in the United States for Kindle Fire owners. Each Amazon Coin is worth one penny and its current promotion gives Kindle Fire […]
Chinese economy could collapse if high debt loads do not decline, UBS analysts warn
UBS analysts are warning China to get their debt under control. According to research by the institution, Beijing is facing a tremendous debt issue and one that is growing each year. If left unsolved, the country’s economic growth could experience an enormous setback. This year, the central government’s debt is equal to 15 percent of […]
IRS targeted nonprofit groups critical of government since 2011: audit
An audit conducted by the Internal Revenue Service (IRS) inspector general found that over the past two years officials have been targeting nonprofit groups that are critical of the federal government and seek to educate Americans about the United States constitution. The documents were obtained by the Washington Post and show that IRS staffers held […]