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Debt slaves can become slaves to the state if Senate bill 2726 passes

Remember the Peace Corps that was all the rage during the 1960's and 70's?  It was a way for students who had debts remaining after graduation to receive a deferment or even full forgiveness for volunteer service.  Now, Washington is a proposing a new way for students to receive forgiveness of their massive debts by having them work for the government for a set amount of years, and becoming part of Presiden ...

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The NFL’s year just got even worse as FCC overturns blackout rules

Does anyone remember a number of months ago when Dallas Mavericks owner Mark Cuban stated in an interview that he believed the NFL had gotten so big that they are due for a fall simply from their greed and arrogance?  Well since that time, the NFL has experienced some major PR blunders including ones in areas such as concussions, domestic abuse and even child abuse. But while Roger Goodell and the NFL might ...

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Detroit deals with water problems once again as Judge orders shutoffs

Earlier this year, the City of Detroit found itself in a quandary as impoverished citizens were having no access to water as the municipality shutoff supplies when residents couldn't pay their water bills.  After numerous protests, the city relented and water was restored to thousands of people. However, a judge presiding over Detroit's bankruptcy case declared on Sept. 29 that the city had no right to give ...

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Martin Armstrong: Sanctions against Russia will only backfire

On Sept. 29, well known and highly respected economist Martin Armstrong wrote a short piece on the ongoing sanctions that U.S. and Europe, and in particular member nations within the G-8 (err 7 now), are imposing upon Russia.  In just a few short words, Armstrong went straight to the core of what sanctions actually will do to both Europe and America, with the final results being catastrophic to the West, wi ...

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Happy to let government run healthcare? Cost overruns now reach $1.3 billion

By now, most Americans know about the utter failure of the Obamacare website, and its inability to function after the President funneled nearly $1 billion to CGI Federal to build it.  CGI Federal of course has ties to Michele Obama through an executive who went to college with the First Lady, and has been fired from several contracts in Canada for ineptitude and failures to deliver. Yet if wasting $1 billio ...

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U.S. makes secret deal with Saudi’s to try once again for Assad in ISIS campaign

Any analyst with half a brain knows that President Obama's sudden inspiration to go after ISIS is a backdoor excuse to get American arms back into Syria, and try once again to oust Bashir Assad after they were thwarted by Russia in September of 2013.  But on Sept. 25 of this year, revelations of a secret deal Secretary of State John Kerry made with Saudi royals came to light, and proves that this assessment ...

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Chinese IPO becomes 11th largest company in U.S. on opening day of trading

On Sept. 19, the Chinese version of Amazon.com opened from trading on the NYSE a day after going public in a record setting IPO.  Alibaba, which was built from the ground up by former school teacher Jack Ma, quickly flew from its IPO price of $68 per share to a whopping $92.30 at the time of the opening bell. Closing the day around the same price, Alibaba has a market cap of right around $230 billion, and i ...

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These 6 Corporations Control 90% Of America’s News Media

This infographic created by Jason at Frugal Dad shows that almost all media comes from the same six sources. That's consolidated from 50 companies back in 1983. NOTE: This infographic is from last year and is missing some key transactions. GE does not own NBC (or Comcast or any media) anymore. So that 6th company is now Comcast. And Time Warner doesn't own AOL, so Huffington Post isn't affiliated with them. ...

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White House sent your tax dollars over to Ukraine for… Border control?!

To the politicians in Washington, border control means one thing within the confines of America, and another thing to foreign countries in which they provide aid and assistance to through our taxpayer dollars.  And in the case of Ukraine, which Assistant Secretary Victoria Nuland has said is well over $5 billion dollars, the public should have the right to know just where that money is going, and what it is ...

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National debt has climbed an additional $1 trillion since debt ceiling was removed

While the American people continue to question the so called economic recovery, an overlooked aspect of the U.S. budget is no longer getting much press since Congress voted to remove the debt ceiling and allow the President to borrow money from the Fed as he sees fit.  And while Obama supporters in the media continue to prop up stories of how the President has lowered the budget deficit, the fact remains th ...

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EU countries buying oil from ISIS might be the reason why they wont join U.S in bombing Syria

Last week, President Obama came out acting all John Wayne to the camera and stated that he has finalized his new strategy for taking out the ISIS threat in the Middle East.  Included in this strategy was the desire for NATO countries such as Britian and Germany to be part of his coalition, along with several Arab nations who are suddenly feeling the heat from the radical caliphate. But interestingly enough, ...

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