Spreading the truth. Empowering the people.
by Jesse Colombo CNBC just published a piece about how venture capital spending hit an all-time high in 2018, surpassing the dotcom bubble record: Venture capital just had its highest spending year … Read more
by deejay1974 Even people on very low income manage to save, and people on high incomes sometimes don’t – in both cases the key to success/failure is spending less than you … Read more
by WhereIsFiber Regarding our country’s “Defense” spending, the 21 Trillion dollars in missing money and highly unusual adjustments covers just the years 1998 to 2015 (a 17-year period). (The title above says 1988, but … Read more
Nancy Pelosi Is Spending Shutdown at Hawaii Resort Democratic House leader Nancy Pelosi is spending the government shutdown at a luxury resort in Hawaii, the Washington Free Beacon has learned. Pelosi, who has put … Read more
via Investors: The new report from the Government Accountability Office — a federal auditing agency — shows that of the $3.7 trillion the federal government spent in 2015, $3.2 trillion … Read more
via ACLU.ORG: According to recent reports, congressional leaders from both sides of the aisle are planning to sneak a bill criminalizing politically motivated boycotts of Israel into the end-of-the-year omnibus spending bill. … Read more
by John Rubino The past few years have seen more than the usual amount of political upheaval. But, interestingly, most regime changes have resulted in pretty much the same thing: Higher government … Read more
Manhattan-based federal prosecutors are investigating whether some of the $107 million in donations to then-President elect Donald Trump’s inaugural committee were misspent, The Wall Street Journal reported Thursday. The Journal, … Read more
by moneymetals U.S. government agencies could run out of operating funds starting on midnight this Friday, December 7th. At issue: President Donald Trump’s proposed border wall. He wants Congress to commit … Read more
by WARREN MOSLER Looking very weak: Highlights Construction has been a soft spot of the economy evident once again in October where spending fell 0.1 percent for the third straight decline … Read more
by WARREN MOSLER No drama here: More housing weakness news: Highlights This has not been a good run for housing data. Pending home sales fell a very steep 2.6 percent … Read more
via William Horobin Tax cuts and a spending splurge will be needed if the global economy slips into a sharp downturn because central banks have nothing left in the tank, according to the … Read more
Josh Sigurdson talks with author and economic analyst John Sneisen about the continued raising of Canada’s deficit spending as it climbs $2 billion from its projected rate to $19.6 billion … Read more
by FS Financial Sense Newshour spoke with Ryan Sweet, director of real-time economics at Moody’s Analytics, to discuss his forecast for a holiday spending boom and 2020 bust. Ryan is … Read more
by Ron Paul The Pentagon has finally completed its first ever audit and the results are as many of us expected. After spending nearly a billion dollars to find out … Read more
by Frank Shostak via Mises Wire On Monday October 15 2018, the US Treasury Department released figures showing that the federal budget deficit had widened by 17% in the 2018 fiscal … Read more