It isn’t surprising to understand that the current Obama administration hasn’t exactly been honest, successful or transparent. It has been quite the opposite, but this video “Lies My President Told Me” showcases various statements made by President Obama that have turned out to be dishonest or inaccurate. Courtesy of YouTube user LibertyPen.
Archives for June 2014
U.S. savings bonds could vanish amid low interest rates
Patriotism, loving your country, saving for your future and helping the United States government were some of the common reasons given to Americans to purchase savings bonds. In today’s world, people just don’t care anymore. The interest rate has been artificially suppressed for many years due to Federal Reserve monetary policy. In order to spur […]
Foreign holdings of U.S. treasury debt increase to record $5.96 trillion
Amid hostile situations in many parts of the globe, some countries have sought refuge in United States Treasury debt. The Treasury Department released its monthly numbers that show foreign buyers of U.S. Treasury securities rose to another record in the month of April for the ninth consecutive month. Total foreign holdings of U.S. debt rose […]
10 states with the fastest, slowest growing economies
Are you considering migrating to another state this year? 24/7 Wall Street recently compiled a list of 10 of the fastest and 10 of the slowest growing economies in the United States today. The former suggests if your state has plenty of farmland and oil you’ll rake in the dough, the ladder shows if you […]
Week in Review: Jun. 9 – Jun. 15
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: Most Americans think economy won’t recover until 2017, expect financial crisis (hot) 17 facts to show retirement will cease to exist in the future (hot) Spending billions on […]