A coalition of Republican lawmakers introduced a bill in Congress that would prohibit any federal or “funny-money” funding to bail out to state, county, local, or territorial governments across the United States. If the legislation is approved, the prohibition would apply to bailouts by both the Obama administration's Treasury and the “independent” Federal Reserve System, which in recent years has conjured trillions of dollars into existence out of thin air to bail out mega-banks and other cronies in America and worldwide. Some analysts, though, are skeptical of the motives.
Canadian members of Parliament are concerned about the potential subjection of their citizens' private banking data to the U.S.'s PATRIOT Act surveillance.
With China leading the way by selling a record $187 billion of U.S. treasuries in 2015, a massive global liquidation continued during January and February of this year. What does this mean for the U.S. economy?
Citing concerns about about a possible economic crisis and a desire for monetary stability, the State of Tennessee is now officially on record supporting the establishment of a depository facility to house gold and other precious metals for Tennesseans. In a remarkable example of bi-partisanship on serious issues, the resolution passed unanimously in both the state House and Senate before being signed by the governor. But more work remains, according to pro-Constitution and sound money activists supporting the efforts.