Sen. Kamala Harris (D-CA) recently proposed a housing strategy that has the federal government intervene into the real estate market, proving that politicians have no clue how or why the housing crash occurred. Harris wants to spend $100 billion to help four million households who rent or live in previous red-lined neighborhoods and give them […]
Archives for July 2019
Thanks, Big Pharma, for saving lives and making profits
By: Andrew Moran There are only a few things that can bring the nation together these days: demand for Marianne Williamson to appear in every Democratic debate moving forward, binge-watching Seinfeld several times, and disdain for the pharmaceutical industry. For years, Big Pharma has been the go-to target for Democrats and Republicans, even though politicians have received hefty […]
REPORT: Donald Trump is considering removing Wilbur Ross after Census boondoggle
Is Commerce Secretary Wilbur Ross on the chopping block? Several media reports say that President Donald Trump is considering to give Ross the heave-ho because of his failure to get a question about citizenship on the 2020 United States Census. Citing sources close to the situation, NBC News is reporting that Ross could be gone […]
LIBRA: ‘Sexy Steve’ tells Facebook U.S. government will protect financial system from abuse
Oh, it’s getting serious between the federal government and Facebook’s latest cryptocurrency experiment. Speaking to reporters at the White House, Treasury Secretary Steven Mnuchin said that the White House has “very serious concerns” about the social media juggernaut’s Libra, a proposed cryptocurrency that is supported by assets and supported by various companies, such as MasterCard […]
Week in Review: July 8 to July 14
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: Trump says if Federal Reserve ‘knew what it was doing’ it would cut interest rates LOL: Eric Swalwell to drop out of 2020 race Ron Paul: Neocons threatening […]