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Economics

Global Debt Surpasses $244 Trillion as “Nearly Half The World Lives On Less Than $5.50 A Day”

The borrower is the servant of the lender, and one of the primary ways that the elite keep the rest of us subjugated is through the $244,000,000,000,000 mountain of global debt that has been accumulated.  Every single day, the benefits of our labor are going to enrich somebody else.  A portion of the taxes that […]

Categories
Politics and Economics

Obama Administration Seeks Bankruptcy and Bailout for Puerto Rico

Obama Administration seeks bankruptcy for Puerto Rico financial crisis[/caption] The financial crisis in Puerto Rico has attracted the attention of both Congress and the Obama White House. Treasury Secretary Jacob Lew has written to leaders in Congress urging them to pass a package of bailouts and bankruptcy protection for the Commonwealth of Puerto Rico. In […]