Just how bad is the situation for the average American today? With Wall Street receiving bailouts from the federal government and the Washington elite leading luxurious lifestyles on the taxpayers’ dime, one must ask the question: what about a lower- or middle-class American that is consistently hindered by bureaucrats? The Associated Press published an exclusive, […]
Archives for July 2013
Thailand becomes first country to ban bitcoins, central bank rules it’s not a currency
Bitcoin issued a statement on its website Monday explaining that it had delivered a presentation to officials at the Thailand central bank to educate them on how it operates in order for the bitcoin to be traded in the Asian country. Despite their best efforts, senior officials of the Foreign Exchange Administration and Policy Department […]
White House won’t pick next Fed Chair until fall
Despite the growing debate and endless speculation as to who the next chairman of the Federal Reserve will be, the White House has confirmed that President Obama will not tap the successor of Ben Bernanke until the fall. A White House official speaking on the condition of anonymity also noted that the president still has […]
6 ways to prepare for the economic collapse and bankruptcy of the U.S. government
With the bankruptcy of Detroit and the coming financial meltdown of various cities across the country, many are concerned that the United States government is also on the verge of complete collapse. It is no surprise, though: $17 trillion national debt, $122 trillion in unfunded liabilities and expenditures, a crumbling fiat currency and a bloated […]
Plastic bag bans in U.S. cause jump in shoplifting rates
Cities across the United States and other places around the world have implemented bans on plastic bans. This environmental initiative has led to unintended consequences, such as consumers getting sick because they continually use their tote bags and either forget or refrain from washing them. However, another unintended consequence has begun to transpire: a spike […]