Our forefathers turned their debts into currency. That Constitutional approach could work today. On Friday, Jan. 13, Treasury Secretary Janet Yellen wrote to Congress that the U.S. government will hit its borrowing limit on Jan. 19, forcing the new Congress into negotiations over the debt limit much sooner than expected. She said she will use accounting maneuvers […]
source / The Money GPS Get your stimmy, buy a share or two or your favorite tech company. Or better yet, buy a few 2×4’s. In order to stimulate the economy, the government has sent out a massive flow of cash to a big group of people. For those who need it, it might be […]
Biden's bailout will not alter the structural inequities and other fundamental underpinnings of America's death spiral.
The post Chris Hedges: Bandaging the Corpse appeared first on MintPress News.
American citizens have been in many cases really deeply impacted by COVID-19 tinpot dictators closing businesses due to fear of the virus. In the spring, the President and Congress swiftly passed a relief plan that paid every American aside from the super-wealthy a $1,200 payment. This extended to benefits for children as well, so a […]
21WIRE | Trump rejects the bloated COVID bill, calling it a “disgrace.”
21WIRE | Paul takes Washington lawmakers to task over their fantasy economics and warnings of the monetary fallout from the current reckless spending spree.
Lawmakers finally agreed to a new coronavirus stimulus package yesterday and like the CARES Act, it appears to include huge new tax breaks for corporations and the very wealthy.
The post A “Slap in the Face:” Anger at Pelosi, Democrats Over Paltry $600 Stimulus Check appeared first on MintPress News.
On Monday the Senate GOP released their outline for a new $1 trillion coronavirus stimulus package.
The actual number of people who stand to benefit the most from last month’s CARES Act could fit into Dodger Stadium and still have plenty of elbow room to catch any foul balls that might come their way.
The consequences of the $2.2 trillion stimulus package are being ignored, even by the White House budget office that put it together, admitting that the package had “come together so quickly,” that they had no time “to do the customary modeling of its fiscal impact.” What does appear to have consensus in financial circles is that after this is over central
