On Tuesday, the Wall Street Journal reported that the federal government will be paying $800 billion annually just to service the interest on its massive debt by 2025, up from just over $200 billion currently.
A small San Francisco bookstore is going out of business because it can't afford a minimum-wage increase approved by voters last year.
Americans may not be too surprised to learn that the 5.6 percent unemployment rate the U.S. Department of Labor is touting is entirely misleading; it's currently 12.6 percent.
Following in the extremist “Quantitative Easing” (QE) footsteps of the U.S. Federal Reserve, the European Central Bank vowed to create massive quantities of new currency — more than $68 billion each month, eventually reaching well over a trillion — to buy government and corporate bonds across Europe. Under the guise of achieving an “inflation target” of two percent, the ECB will devalue all euros while propping up megabanks, Big Business cronies, European Union institutions, and out-of-control EU “member states” already drowning in a sea of red ink. More than a few experts, though, say the ultimate result of the scheme will be economic disaster. Some have also suggested that the QE bond-buying plan may violate EU treaties.
The FCC will announce new rules Thursday changing Internet providers from "information services" to "telecommunications companies." The new rules, to be issued for public comment on Thursday, will be seen for what they really are: ObamaCare for the Internet.