The United States’ national debt crisis continues to get worse. The Committee for a Responsible Federal Budget projected that in 2024, the U.S. will spend more on interest payments than national defense. To put this into perspective, the U.S. spends over $900 billion a year on national defense, which is $600 billion more than the […]
The first bank failure of 2024 has taken place. Republic First Bank, which operated in Pennsylvania, New Jersey and New York, was seized Friday by the Federal Deposit Insurance Corp., according to The Associated Press. The Philadelphia-based bank, which did business as Republic Bank, was sold to competitor Fulton Bank, based in Lancaster, Pennsylvania. Republic […]
The International Monetary Fund last week ripped the Biden administration’s out of control spending, calling it “out of line with what is needed for long-term fiscal stability.” According to the New York Post, the IMF, an international organization aimed at fighting financial crises across the globe, warned that ever-growing national debt in the U.S. poses a […]
Forty years ago, President Ronald Reagan secured re-election with a 525-13 Electoral College shellacking of Democratic challenger Walter Mondale. California, land of boundless opportunity and breathtaking natural beauty that seemed to symbolize Reagan’s “Morning in America,” helped its former Republican governor complete that historic near-sweep in the unforgettable 1984 presidential election. Alas, everything has changed. […]
Welcome, Login to your account.
Welcome, Create your new account
A password will be e-mailed to you.