This holiday season, millennials can forget about having a talk regarding President Obama’s lie about Obamacare, the failure of the website, the millions of policy cancellations and so on. Instead, when they travel to their parents’ house for Christmas, they will have to “get ready to have the talk.” The president is encouraging the youth […]
Archives for November 2013
Peter Schiff: Dow will crash below 13,000
Peter Schiff, president of Euro Pacific Capital, spoke with CNN‘s Jake Tapper on Monday about the economy, the stock market and the possibility that the U.S. is in a bubble. He essentially reiterated the point that rise of the stock market is due to bad monetary policy rather than a good economy. It’s a near […]
Should U.S. adults be given a basic income just for being alive?
Many concepts have been floated around as of late to tackle the nation’s finances: a $1 trillion coin to solve the debt ceiling crisis, raising the minimum wage to $15 per hour (sometimes $20 per hour depending on who you’re speaking to) and passing legislation to ask workers to voluntarily pay more taxes. These may […]
Report: Unemployment rate fabricated ahead of 2012 election
For years now, it has been widely known that government departments like to skew their figures to show themselves in a positive light or to hide facts that would put them under the spotlight. This is also true with the unemployment figures that are released each month. The New York Post published an exclusive article […]
Infographic: Sin taxes and how the government is taxing our vices
Economic Collapse News has reportedly extensively regarding how the federal and state governments tax a variety of items that are considered vices in our society, such as cigarettes, alcohol, gambling and many more. This infographic takes a detailed, visual look at these measures by government. by NowSourcing. Explore more infographics like this one on the […]