The U.S. debt bubble continues to balloon, and one day it will pop, leaving behind immense damage that will ruin households, especially as the Federal Reserve gradually raises interest rates. According to WalletHub, a personal finance website, U.S. consumers added $29.8 billion in credit card debt during the second quarter of 2018, the fourth-largest Q2 […]
Archives for September 2018
4 reasons why socialism fails
By: Anthony Mueller The new “democratic socialists” want to make their followers believe that one could redistribute wealth and income and socialize a large part of the economy without harming production and productivity. They claim that a comprehensive control of the economy by the government would bring more justice and more prosperity. The democratic socialists […]
Stephen Moore thinks Trump should win Nobel for economics (seriously)
If the North Korean situation has calmed down and Pyongyang is really denuclearizing, then President Donald Trump should win the Nobel Peace Prize, even if it just to inflate his ego. Heck, former President Barack Obama bombed several nations, killed thousands, and murdered two U.S. citizens without a trial and still won the Nobel because […]
REPORT: Trump wanted to print, borrow money to pay down national debt
When Donald Trump was a candidate for president, he promised to tackle the national debt, eventually balance the budget, and audit the Federal Reserve – he slammed the printing presses a few times on the campaign trail. Since becoming president, none of these have come to realization as spending has skyrocketed, the debt has surged, […]
Ron Paul: Why is the U.S. siding with al-Qaeda?
By: Ron Paul Last week, I urged the Secretary of State and National Security Advisor to stop protecting al-Qaeda in Syria by demanding that the Syrian government leave Idlib under al-Qaeda control. While it may seem hard to believe that the US government is helping al-Qaeda in Syria, it’s not as strange as it may […]