Senator Bernie Sanders (I-VT) and Representative Alexandria Ocasio-Cortez (D-NY) have introduced legislation that would cap credit card interest rates at 15 percent and allow states to lower limits as they see fit. They claim that they are helping the poor and vulnerable. But that is nonsense. A lot of credit cards that have high interest […]
Joe Biden
SAD: Donald Trump endorses Republican amendment that bans flag burning
From a lot of the right-wing punditry over the weekend, many conservatives are upset about a congressional Republican resolution that “introduces a Constitutional Amendment to give Congress the authority to prohibit burning the American flag.” It was proposed by Representative Steve Womack (R-AR) and Senator Steve Daines (R-MT). Womack said in a statement: “Our flag […]
Week in Review: June 10 to June 16
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: Tucker Carlson incorrectly targets Austrian economics, libertarian ideologues China adds to gold reserves amid U.S. trade war WATCH: How white liberals, Elizabeth Warren, SJWs act Paging Murray Rothbard […]
DNC announces first debate lineups for 2020 candidates
The Democratic National Committee (DNC) announced the list of names who will participate in the presidential debates in Miami on June 26 and 27. Ostensibly, who debates either night was chosen at random (uh huh). Here is the list: On June 26: Cory Booker Julián Castro John Delaney Bill de Blasio Tulsi Gabbard Jay Inslee […]
Random Friday: Trump disagrees with Powell, U.S.-China trade war, Wenzel on Gabbard
News Story of the Day: President Donald Trump is targeting the Federal Reserve for the 732rd time this year. His latest comments target Jerome Powell, conceding that he was his pick “and I disagree with him entirely.” “Frankly, if we had a different person in the Federal Reserve that wouldn’t have raised interest rates so […]