Sunday, 12 November 2017

Who Owns the U.S. Debt?

Written by  Joe Wolverton, II, J.D.

https://www.thenewamerican.com/economy/economics/item/27352-who-owns-the-u-s-debt…

After spending a truly obscene amount of money on the Georgia special election last month, money that was proven to be completely wasted after Jon Ossoff was destroyed by Karen Handel, the DNC’s balance sheet is looking a little deflated.  Of course, spending $22 million dollars for a seat where candidates usually spend about…

Early in the Obama administration it should have been blatantly clear the hypocrisy that the president and even his wife Michelle would rule America with. While telling Americans  that they needed to tighten their belt buckles and accept a lowered standard of living, his exorbitant golf vacations, and European excursions with Michelle did not demonstrate leading by…

Signs: America To Hit The Wall And Go Splat!!

Not a Debtor? You Don’t Exist

Karl Denninger  Market Ticker

February 23rd, 2015

http://www.thedailysheeple.com/not-a-debtor-you-dont-exist_022015…

Thousands of Spain’s horses head for the slaughterhouse as economic crisis results in abandonment

By Agence France-Presse

Tuesday, March 12, 2013 2:34 EDT

In Spain’s boom years, they were a rich family’s status symbol. Now abandoned as a result of the economic crisis, horses are plodding in their tens of thousands to the slaughterhouse.…

‘Screw the Troika’: Hundreds of thousands protest austerity measures across Portugal

The Israeli army’s chief of staff states that in the past three years, “US taxpayers have contributed more to the Israeli defense budget than Israeli taxpayers,” according to a report in the Jerusalem Post, a prominent Israeli newspaper.…

PHILADELPHIA (CBS) — A survey of about 1,100 Americans finds that more than 4-in-10 respondents admit they don’t have more than $500 in readily accessible savings.

The survey is a kind of departure for …

Riot rage: Athens protesters throw firebombs, police shoot tear gas

Published: 26 September, 2012, 13:42

Edited: 26 September, 2012, 19:23

A rally in the Greek capital turned violent when protesters in Syntagma Square lobbed Molotov cocktails at police, who retaliated by firing tear gas at the demonstrators.

Security forces also…

Occupy Wall Street demonstration on September 15 down Broadway to Zuccotti Park, New York City. (Photo: PaulSteinJC)…

According  to Bloomberg, the "Fiscal Gap" is the true measure of debt. The gap "is the  present value difference between projected future spending and revenue. It  captures all government liabilities, whether they are official obligations to  service Treasury bonds or unofficial commitments, such as paying for…

Ashley Lutz

Business Insider

June 16, 2012

This infographic created by Jason at Frugal Dad shows that almost all media comes from the same six sources.…

Zero Hedge

June 13, 2012

Yesterday, we did an update of the Greek bank jog, when noting that between €…

Brussels ready to back £80bn bailout for Spain: Economy minister requests bigger-than-expected rescue package for struggling banks

• Decision taken following discussion about eurozone's struggling economy
• Spanish minister said aid will not come with austerity conditions attached…

Invasion of the migrant squatters: Eviction orders for London mansions DOUBLE as economic crisis drives influx from overseas

By Daily Mail Reporter

PUBLISHED: 15:09 GMT, 9 June 2012 | UPDATED: 15:09 GMT, 9 June…

Greece could quit the euro, admits Merkel as global markets are plunged into turmoil

• Growing pessimism over future of single currency in current form
• Greek political paralysis as talks continue at 7.30pm to form government
• Communists vow to take to the streets as fears of civil war grow…