President Donald Trump’s former personal attorney Michael Cohen testified on Capitol Hill on Wednesday to make a series of allegations against his old client. It was mostly a yawn-inducing affair because it consisted of no new information and contained plenty of the same reports you see on the Counterfeit News Network all day long, such […]
Archives for February 2019
U.S. pedestrian deaths surge to 28-year high, smartphones taking the blame
If you have left the house in the last few years, you have probably noticed the many people who bury their heads in their smartphones as they walk – even to cross the street. Whether they’re busying playing Flappy Bird or tweeting about how President Donald Trump is LITERALLY HITLER, pedestrians seem indifferent about their […]
Chinese state-owned firm defaults as markets brace for tsunami of corporate insolvencies
Things are not looking up for China. For the first time in 20 years, a state-owned business has defaulted on its obligations, a hint that the slowing economy and soaring debt levels are placing a strain on all three levels of government. According to The Wall Street Journal, Qinghai Provincial Investment Group, the biggest aluminum […]
SUGAR HIGH: Sweetheart welfare for the rich
Oil and gas, green energy, and Wall Street – these industries get flack for receiving corporate welfare. But what about sugar? This is America’s dirty little secret: Big Sugar gets plenty of money from taxpayers. John Stossel takes a look at the sweetheart deal that sugar gets every year:
U.S. dollar, slowing economy send goods trade deficit higher
After making gains on the trade balance, the U.S. fell behind once again as the goods trade deficit widened to finish off 2018, according to new data from the Census Bureau. In December, the goods trade deficit rose 12.8 percent to $79.5 billion. Exports tumbled 2.8 percent, driven by a sharp drop in shipments of […]