The Federal Reserve Must Go

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

If you want to permanently fix America’s economy, there really is no other choice.  Even before Ron Paul’s rallying cry of “End The Fed” shook America during the peak of the Tea Party movement, I was a huge advocate of shutting down the Federal Reserve.  Because no matter how hard we try to patch it up otherwise, the truth is that our debt-based financial system has been fundamentally flawed from the very beginning, and the …

Congress’ Budget Deal has Money to Build the Wall

Dr. Eowyn ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS 0 Comments

Don’t believe what the MSM tells you. In the video below, Mick Mulvaney deftly and lucidly explains the budget deal that recently was approved by Congress. As the director of the Office of Management and Budget (OMB), Mulvaney certainly would know the budget deal better than any so-called journalist. Beginning at the 8:37 mark, Mulvaney says: “We are building this [the US-Mexico border wall] now. There is money in this deal to build several hundreds …

True Health Care Reform Should Put the Patient First, Not the Bureaucrat

Jerry Newcombe ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

By Jerry Newcombe 5/10/17   The House passed (217-213) a new bill to help repeal Obamacare on Thursday, the American Health Care Act (the AHCA). It is said that President Trump’s personal persuasion of many Congressmen helped this to pass. Now the ball goes to the Senate.   Ironically, Obamacare is officially known as the “Affordable Care Act.” What an Orwellian title. Obamacare has literally made health care unaffordable for millions of Americans. Millions of …

Former Reagan Administration Official Is Warning Of A Financial Collapse Some Time ‘Between August And November’

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

If a former Reagan administration official is correct, we are likely to see the next major financial collapse by the end of 2017. According to Wikipedia, David Stockman “is an author, former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.” He has been frequently interviewed by mainstream news outlets such …

11 Reasons Why U.S. Economic Growth Is The Worst That It Has Been In 3 Years

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

Those that were predicting that the U.S. economy would be flying high by now have been proven wrong. U.S. GDP grew at the worst rate in three years during the first quarter of 2017, and many are wondering if this is the beginning of a major economic slowdown. Of course when we are dealing with the official numbers that the federal government puts out, it is important to acknowledge that they are highly manipulated. There …

Have We Just Reached Peak Stock Market Absurdity?

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

Have you ever wondered how tech companies that have been losing hundreds of millions of dollars year after year can somehow be worth billions of dollars according to the stock market? Because I run a website called “The Economic Collapse“, there are naysayers out there that take glee in mocking me by pointing out how well the stock market has been doing. This week, the Dow is flirting with 21,000 and the Nasdaq crossed the …

Trump Administration Signals it Will Agree to Budget Deal without Funding for the Wall

Onan Coca ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS 0 Comments

The White House is signaling Congress that the President is willing to agree to a budget deal to fund the government, even if it excludes funding for a border wall. Appearing on CNN’s the Lead with Jake Tapper, White House Budget Director Mick Mulvaney told the host that the President was more than willing to sign a spending bill that excluded funding for the border wall because the Democrats had signaled that they were willing …

Democrats: Trump Must Surrender On Funding For A Border Wall To Avoid A Government Shutdown On His 100th Day In Office

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

Is Donald Trump going to unconditionally surrender to the Democrats and completely give up his dream of building a border wall in order to avoid a government shutdown on his 100th day in office?  As I have warned before, the Democrats are perfectly willing to force a government shutdown if the Trump administration and the Republicans in Congress do not let them win all of the key battles in this funding bill fight.  It is …