marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
deception
09/22/2023
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By Arsenio Toledo
Sam Bankman-Fried’s father complained about being paid only $200K a year when he expected an annual salary of $1M from FTX
Joseph Bankman, the father of disgraced cryptocurrency mogul and former billionaire Sam Bankman-Fried, allegedly complained to his son about him only having a salary of $200,000 a year, a fraction of the $1 million he was expecting. This is according to a lawsuit filed by FTX, the cryptocurrency exchange founded by Bankman-Fried, against his parents. This […]
09/22/2023
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By Olivia Cook
IRS stops processing pandemic-era tax breaks, citing RAMPANT FRAUD
The Internal Revenue Service (IRS) has announced an immediate moratorium on pandemic-era tax breaks, citing rampant fraud. According to ZeroHedge, the tax bureau cited “rising concerns about a flood of improper Employee Retention Credit (ERC) claims” for the moratorium. No new claims will be reviewed or processed until early 2024. The stoppage seeks “to protect […]
09/20/2023
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By Belle Carter
East Coast’s largest groundfish company files for bankruptcy, lays off workers with no severance pay
East Coast’s largest groundfish company has filed for bankruptcy, according to records in U.S. federal court in Delaware, leaving employees without a job as it shutters all of its locations and concluded an eight-year private equity (PE) roll-up of New Bedford’s fishing industry. Blue Harvest Fisheries unexpectedly filed for Chapter 7 bankruptcy on September 8, […]
09/20/2023
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By Zoey Sky
Push for EVs is the most ill-conceived government policy objective in modern history, says book author Ron Ross
The push for electric vehicles (EVs) is “the most ill-conceived government policy objective in modern history. This was according to Ron Ross, a former economics professor and author of “The Unbeatable Market.” Ross said the push to convert or turn in internal combustion engine (ICE) vehicles for their electric counterparts is a hopeless Democrat-led environmentalist […]
09/18/2023
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By News Editors
The coming collapse of the global Ponzi scheme
It won’t be long before governments around the world, including the one in Washington, self-destruct. (Article by George Ford Smith republished from Mises.org) Strong words, but anything less would be naïve. As economist Herbert Stein once said, “If something cannot go on forever, it has a tendency to stop.” Case in point: fiat money political regimes. Interventionist […]
09/15/2023
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By Zoey Sky
3 Suspicious narratives behind the big push toward electric vehicles
If the average American household switched to electric vehicles (EVs), the additional electricity consumption per household would be equivalent to 25 refrigerators. But if EVs use up this much energy, why are manufacturers and the government still urging the public to switch to electric cars? Rep. Thomas Massie (R-KY), himself an electrical engineer, revealed this information while […]
09/13/2023
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By News Editors
Twilight of the Democrats
During the end of the 20th century and the beginning of the 21st, the Democrats were the party of the future. They were the party of Bill Clinton and Barack Obama, who were sworn in as presidents at the ages of 46 and 47, respectively. (Article by Alex Gutentag, Leighton Woodhouse, And Michael Shellenberger republished from […]
09/11/2023
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By News Editors
Peter Schiff: Fed money magicians running out of rabbits
Most people think everything is fine. The Fed is getting inflation under control and soon they’ll be able to cut interest rates, keeping the economy from falling into a deep recession. In his podcast, Peter Schiff poured cold water on this narrative. He explains why the Fed won’t be able to repeat the magic it […]
09/07/2023
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By Zoey Sky
Shareholders sue Disney, accusing the media giant’s leadership of FRAUD
According to a recent lawsuit, Disney shareholders have accused the media giant’s leadership of misleading investors with “a fraudulent scheme designed to hide the extent of Disney+ losses.” The lawsuit was lodged the day before Disney shares closed at a nine-year low of $82.47 per share. The complaint was filed by New Jersey-based Stourbridge Investments on Aug. […]
09/06/2023
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By Arsenio Toledo
Latest BLS report shows 187K new jobs in August – but in reality, America lost 670K jobs in two months
Latest report from the Bureau of Labor Statistics (BLS) shows that American employers added 187,000 jobs in August. But in reality, the country lost over 670,000 jobs in July and August. The BLS data for August claims that nonfarm payroll jobs grew by a seasonally adjusted 187,000, far above the Dow Jones estimate of 170,000 and suggesting […]
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