News Story of the Day: billionaire investor Carl Icahn believes banking and environmental regulations stifle economic growth in the United States. Icahn, who has joined the Donald Trump administration as a special advisor to regulatory reform, issued a statement as part of the Trump transition team. “Under President Obama, America’s business owners have been crippled […]
Archives for December 2016
Russia added one million more ounces of gold to its reserves in November
A new chart from Smaulgold highlights that the Russian government has added more gold to its reserves. The Central Bank of Russia added one million ounces, or 31 tons, of gold to its reserves in November. This is the second consecutive month in which Moscow added more than one million ounces worth of gold. Between […]
Not surprising! Democrats received more donations from government workers than GOP
Well, we certainly know which political party unions and government employees support. To no one’s shock whatsoever, a new report has found that Democratic politicians received more donations from federal civil servants and government employee unions than Republicans. Again, no one will be surprised by this. New data from the Center for Responsive Politics (via […]
Week in Review: Dec. 19 to Dec. 25
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: Will Ron Paul get a spot on Federal Reserve Board of Governors? Will A Stronger Dollar Cause a Trade War with Europe? Double Standard? Comedians mock Trump for […]
Rand Paul celebrates Festivus by ‘airing of grievances’ over federal waste
One Republican lawmaker is channelling his inner “Seinfeld.” “We’ve got a lot of problems with how our tax dollars are spent!” Kentucky Republican Senator and former presidential candidate Rand Paul said in the report, quoting the famous Frank Costanza character. The report takes a look at $1.4 billion worth of waste that has transpired over […]