Puerto Rico has been paying its debts by borrowing. Today many of those lenders are going to be disappointed.

The U.S. middle class, which for more than four decades comprised the majority of Americans, has declined to the point where it makes up slightly less than 50 percent of the U.S. adult population.

 

OPEC's implosion continues apace, with even more recent bad market decisions, proving that cartels never last.

Because of the existence of federal subsidies, farmers are overproducing peanuts, putting taxpayers on the hook for $2 billion.

With a seemingly innocuous transportation bill, the Federal Reserve's precious "independence" is being threatened — which could be a first step toward its abolition once people realize how the system works.

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