Mass Layoffs Coming One Way or Another
“…massive layoffs of city and state workers and turmoil in the bond market. That kind of thing alone is enough to send the U.S. back into…”
Continue readingbankrupt cities
The NRA Would Be Wise to Leave New York ASAP
The state of New York has wasted no time reminding Americans about its pathological disregard for personal freedom…
Continue readingHelicopter Money and the End of Taxes
Rather than right the ship, the “easy fix” is to distribute “free money”–not just to billionaires and corporations but to everyone…
Continue readingLocked Down & Unemployed: The Fed’s Solution?…Bring On The Inflation!
State & local governments are looking to raise taxes, and the Fed, enabler of big government, intends to escalate the counterfeiting of dollars on top of…
Continue readingIs California Over?
Beyond a certain point even a place like California, blessed as it is with both Hollywood and Silicon Valley, can’t support the unsupportable…
Continue readingWill Washington Cave? Cities & States Are Bankrupt Without A Bailout
A few more trillion dollars will blink into existence, and pressure will shift from the cities & states to the dollar itself…
Continue readingWhy So Many American Cities Already Headed For Catastrophe Are Now Paralyzed
The worst-run cities will pay a huge price for this indecision when rioters finally leave but shoppers and merchants don’t come back…
Continue readingThe Shutdowns DESTROYED LIVES – Now The Government Wants To HIKE TAXES To Pay For It!
The state is kicking people while they are down, under the guise of “helping them”…
Continue readingNew York tax revenue down $8 billion, or 68%, compared to last April
But New York did receive over $5 billion from the federal government’s CARES Act, and the city is…
Continue readingBankrupt Cities And States Get The National Disaster They’ve Been Hoping For
Mayors and governors – along with public sector union leaders – have been hoping for a massive crisis to save their bacon…
Continue readingThe Winner Of The Next Half Trillion Dollar Bailout
If you believe, as I do believe, that they’re going to continue printing money to bail-out everyone, then there’s a very strong, long-term case to own…
Continue readingMnuchin: $150 Billion For States Already Gone, No Bailouts For States With Badly Managed Budgets
Mnuchin picks-up this Tuesday where Trump left off on Monday, and it’s not looking good for the poorly run states…
Continue readingPension Funds Unable to Save New York City from Bankruptcy Again
Resources that normally go toward other municipal needs are swirling into a black hole of pension shortfalls. Last October, the city…
Continue readingApocalyptic Debt Crisis In America: 63 Of America’s Largest 75 Cities Are COMPLETELY BROKE
A new and horrifying report details the reason why 63 of America’s largest cities are completely broke…
Continue readingNickel & Dimed: Chicago Playstation Users Angry They Must Now Pay 9% ‘Amusement Tax’
Many online gaming/streaming services have already given in, having lost in court. Now Sony has given in as broke cities nickel and dime their residents…
Continue reading