Spreading the truth. Empowering the people.
via Bloomberg: The Vanguard Group holds about $415 million of municipal bonds issued on behalf of PG&E Corp., about half of the $920 million state and local debt sold for the California … Read more
by Martin Armstrong The governmental system we have is totally corrupt and it outright UNSUSTAINABLE!!!! In Illinois, the city of Peoria has been forced to eliminate 22 firefighter and 16 police positions … Read more
These are commonly found in 3rd world countries How is this legit? Am I missing something here? “ARTICLE I. General Rights and Liabilities Section 1. MUNICIPALITY; NAME, BASIC POWERS: The … Read more
by Martin Armstrong I have previously reported that about 50% of German municipalities are insolvent. This is a global trend and we are witnessing it in the United States as well. … Read more
by Thinker Even to the casual observer, the financial condition of government budgets are under severe stress. Taxes have gone up consistently and have outpaced any meager adjustments in income … Read more