Obama Leaves US Taxpayers with Highest Welfare Spending Ever
Chart of the Day: Entitlements Will Soon Exceed Total Federal Revenues
Chart of the Day: Entitlements Will Soon Exceed Total Federal Revenues
by Viraj Shah China is grappling with mounting debt. The countries credit to GDP ratio is at 28.8 percent. The U.S. economy was not able to ward off a financial crisis with credit to GDP ratio of 12.4 percent in 2008. Goldman Sachs‘ Sharmin Mossavar-Rahmani wondered how China will avoid the financial crisis which looms. … Read more
by Viraj Shah When Trump came to power, the dollar index rose by 4.5%. However, the trend for an overvalued dollar had only continued with the new President assumed office. This clearly wasn’t good news as Trump’s idea of manufacturing boosts and better economic growth would be hurt in an instance. Hence, President has now … Read more
by Umar Farooq Thanks to limiting animal supplies and halfhearted demand, companies including Tyson Foods Inc., the largest U.S. meat processor, and Cargill Inc. are facing plummeting profits per head of cattle they slaughter. That’s a severe setback of fortune from last year, when the fastest expansion of the American cattle herd in four … Read more
by Umar Farooq Gold is trading opposite to equities with equities breaking out of their trading range. Gold might have some near-term headwinds as is evident from the recent downward move in Gold prices. However, the dollar could act as a tailwind for gold. The moves in gold to the downside and equities to … Read more
By Michael Snyder Once upon a time, “prepping” was something that was considered to be on “the lunatic fringe” of society. But in 2017, wealthy elitists are actually the most hardcore preppers of all. This is particularly true in places such as Silicon Valley, where a whole host of young tech moguls are putting a … Read more
By Michael Snyder The Dow Jones Industrial Average provides us with some pretty strong evidence that our “stock market boom” has been fueled by debt. On Wednesday, the Dow crossed the 20,000 mark for the first time ever, and this comes at a time when the U.S. national debt is right on the verge of … Read more
by Amna El Tawil If you live in Missouri and shop on Amazon, get ready to start paying more for your purchases. According to numerous reports, the retail giant is set to start charging a sales tax for all purchases coming from this state. This new decision is set to start on February 1, … Read more
by Amna El Tawil Long gone are the days when the United States posed as a haven for all those who needed help, refuge, and a chance for a better life far away from undemocratic societies. Instead, it has become a land where immigrants and descendants of immigrants are becoming xenophobic, a place where … Read more
by Amna El Tawil President Donald Trump and his administration have prepared an executive order to start the process of reopening foreign CIA “black sites” that were largely used during Bush’s presidency. The main purpose of these black sites was to detain suspects in the so-called war on terror. The CIA black sites were … Read more
by Amna El Tawil According to reports, President Donald Trump will order the construction of Mexico border wall today. White House officials told the New York Times that Mr. Trump will order the construction of a Mexican border wall — the first in a series of actions this week to crack down on immigrants … Read more
by Pamela Williams As Hillary Clinton is under investigation by Congress for violating National Security and undermining the safety of Intelligence Agents in the field, one could say she is under criminal investigation. I would go on to say she participated in a scheme while Secretary of State of collusion between her official position and her … Read more
by Amna El Tawil Republican congressmen seek support for the federal heartbeat bill arguing that it would eliminate abortion in the United States. Despite the fact that it is highly unlikely the bill will pass Congress it is a clear indicator how a party, who’s in majority, feels about abortion. Steve King, a … Read more
by Amna El Tawil The Russian Parliament passed the second reading of a controversial bill to decriminalize some forms of domestic violence. The State Duma voted 385-2-1 to eliminate criminal liability for battery on family members that doesn’t cause bodily harm. The bill that makes battery on a family member punishable by a fine … Read more
Though Planned Parenthood claims that women depend on them for prenatal care, Live Action investigators had an incredibly hard time finding facilities that offered it—though they found plenty offering abortions. Live Action contacted all 41 Planned Parenthood affiliates where undercover recording is permitted by state law, and only 5 facilities out of 97 said they … Read more
by Pamela Williams A sign which appeared at the Women’s March on DC read, “Women are foolish to think they are equal to men. They are far superior.” Women may be superior to men in one way: only they can bring us the future by bearing children…that is the physical act of giving birth. The … Read more
by Martin Armstrong For the first time, the head of the European Central Bank, Mario Draghi, has conceded the possibility that the EU may fall apart. Draghi came out and said that any member leaving the Eurozone would need to settle its claims or debts with the bloc’s payments system before severing ties. This statement … Read more
I will be asking for a major investigation into VOTER FRAUD, including those registered to vote in two states, those who are illegal and…. — Donald J. Trump (@realDonaldTrump) January 25, 2017 even, those registered to vote who are dead (and many for a long time). Depending on results, we will strengthen up voting procedures! … Read more
by Pamela Williams Madonna, why do you and so many women hate America? America has been good to you, and all of you are hypocrites. When your beloved Obama took office, did we Republicans march on Washington during his inauguration? No, we did not, because we have more respect and honor of the voting process … Read more
by Tesseract Over the past few decades, Presidents have gone to great lengths to empower the Executive Branch of government. They have waged war without consent from Congress. They have built a massive surveillance state that collects its citizen’s private information. And in 2012, Obama signed the National Defense Authorization Act (NDAA), which now gives presidents … Read more