Financial Crisis Looming for NYC as It Teeters on the Edge of Bankruptcy
According to some financial experts, New York City is currently facing the worst financial situation since February of 1975 when the city was...
Economics
New York Governor Cuomo Blames Exodus of Wealthy on Trump
N.Y. Governor Cuomo blamed his state’s revenue shortfall of $2.8 billion on Donald Trump during a press conference on Monday. ...
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Buzzfeed and Other Media Suffering Financial Woes, Scrambling to Survive
At the same time that many media organizations have hitched their wagons to a rabid anti-Trump narrative, many of them are struggling to...
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Oxfam Report Notes Increasing Gap Between Rich and Poor, Fueling Anger
Oxfam asserts that governments are under-funding public services and failing to clamp down on tax dodging, supposedly increasing the income gap between rich...
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Another Step Toward Auditing the Federal Reserve
Representative Thomas Massie kicked off the legislative New Year on January 3 with H.R. 24, the Federal Reserve Transparency Act. ...
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Cellphone Location Data for Sale on Black Market, Investigation Reveals
AT&T and the other major telcos have committed to stop selling customers’ location data after an investigation reveals the data ends up available...
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Tax Attorney: Social Security Participants About to be “Disenfranchised”
The intergenerational conflict built into Social Security is about to heat up. ...
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Top Headline – Stockton, CA Explores Universal Basic Income
VIDEO - Even though Stockton emerged from bankruptcy a scant few years ago, the overpaid public servants have decreed it’s time to explore providing...
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Stockton, California, to Begin “Basic Income” Welfare Program in 2019
In 2019, Stockton, California, will become the first American city to implement a “universal basic income” program. ...
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“Wage Gap” Between Men and Women Caused by Their Work Choices, Not Sexism
A new Harvard study finds that the wage gap between men and women can be entirely explained by their differing work decisions, not...
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Social Security COLA for 2019 Is 2.8 Percent, or $40 a Month
Starting in January, the 62 million Americans receiving Social Security will get a cost of living adjustment (COLA) in their benefit checks of...
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White House Issues Attack on Socialism in Response to Sanders’ “Medicare for All”
President Trump’s Council of Economic Advisors released a 72-page report explaining the dangers in enacting Bernie Sanders’ socialist healthcare takeover called “Medicare for...
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California Middle Class Disappearing
Middle class California residents — who are no longer able to afford living there — are leaving the state in large numbers, fleeing...
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Jobless Claims Fall Again; Impact on Midterms?
Especially considering the low unemployment rates, momentum is shifting toward Republicans in the midterms, but Independents will determine the outcome. ...
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Trump and the Fed: The Real Issue Is the Power of the Federal Reserve
Should a private monopoly have the kind of power exercised by the Federal Reserve System? ...
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