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Trillion Dollar Spending Bill?

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According to Jerome Corsi, a trained economist:

If you had gone into business on the day Jesus was born, and your business lost a million dollars a day, 365 days a year, it would take you until October 2737 to lose $1 trillion.

Economic Collapse Imminent

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Middle Class Homelessness

The Coming Crisis: White Collar Homelessness

Last month, unemployment rates surged to 7.6 percent. As the jobless population becomes older and more educated, many are ending up with no car, no job prospects, no health insurance, and – before long – no home. Will the dramatic increase of unemployment change the face of homelessness [...]

Obama’s Wealth Destruction

Obama’s Wealth Destruction

President Obama is under the impression that history owes him $1 trillion right now to spend on whatever he wants. His language is strident and full of irritation that anyone would question his right to live out his personal dream of being Franklin Roosevelt to George Bush’s Hoover. This, he says, [...]

65.5 trillion debt?

Federal obligations exceed world GDP Does $65.5 trillion terrify anyone yet?

By Jerome R. Corsi

As the Obama administration pushes through Congress its $800 billion deficit-spending economic stimulus plan, the American public is largely unaware that the true deficit of the federal government already is measured in trillions of dollars, and in fact its [...]