Money Archives

US on Brink of Trade War as Trump Announced $50 Billion in Tariffs Against Chinese Imports

June 15, 2018 Newsmax 1

President Trump is following through on his threat to implement tariffs on $50 billion in Chinese imports, and China has vowed to retaliate. The tariffs are in response to an investigation that accused China of stealing US intellectual property in order to dominate the development of advanced technology. The US imported $505 billion of goods from China last year and exported about $130 billion, leaving a 2017 deficit of $376 billion. […]

Seattle City Council Repeals Tax on Jobs to Benefit Homeless, after Big Biz Applies Pressure

June 14, 2018 KIRO Radio 0

Amazon, Starbucks and other large employers were able to pressure Seattle’s City Council into overturning the socialist “head tax” of $275 on each employee per year that was expected to raise $50 million per year. The money was to help the growing homeless population. Amazon has more than 45,000 employees, and the tax would have cost the company $12,375,000. […]

Trump Press Conference Reveals Intentions for Peace after Summit with Kim

June 13, 2018 Gateway Pundit 0

President Trump gave a press conference to announce a signed agreement with Kim Jong Un that requires the complete denuclearization of North Korea, with sanctions remaining in place until Kim meets his commitment. Trump said also that U.S. war games will end and that his ultimate goal is to bring the 32,000 troops stationed in the area back home. [The agreement that was revealed to the public is a statement of intent. Details now must be worked out. We may be sure that those details will involve US funding.] […]

Trump Imposes Tariffs on Steel and Aluminum Imports from Mexico, Canada and the EU

June 1, 2018 Fox News 1

President Trump is imposing a new 25% tariff on steel and a 10% tariff on aluminum imported from from Mexico, Canada, and the European Union. Mexico indicated it will retaliate against US agriculture products, Canada announced a new set of $16 billion in tariffs against US goods, and the EU will target bourbon and motorcycles made in the US. It is believed that China will be next on the list. […]

US Will Dump $700-Billion into Obamacare Subsidies in 2018

May 29, 2018 ZeroHedge 1

The US Congressional Budget Office estimates that it will spend $700-billion on subsidies this year to help pay the health-care premiums for Americans under the age of 65. The extravagant benefits of the government’s so-called ‘affordable health care’ has forced insurers to raise premiums by 34% in 2018. […]

Ooops! David Hogg Stages Protest at Pro-NRA Supermarket that Responds by Canceling All Donations, Including to Gun-Control Advocates

May 28, 2018 Gateway Pundit 2

Florida: David Hogg, the student activist who emerged from the Parkland high-school shooting, organized a “die-in” at a Publix supermarket over its donations to a Republican candidate running for governor who was supported by the NRA. The market chain responded by canceling all political donations, including those to organizations that fund Planned Parenthood and gun control. […]

Former NAACP Leader Who Pretended to be Black Hit with Felony Welfare Fraud Charges

May 25, 2018 Fox News 0

Rachel Dolezal, the former NAACP chapter leader who resigned after her parents revealed she’s not African-American, is facing a felony theft charge in Washington state after she allegedly made false statements to secure nearly $9,000 in food and childcare assistance. […]

Evergreen College Cuts Budget by $6 Million Due to Enrollment Plunge

May 21, 2018 Information Liberation 1

Olympia, Washington: The student protests a year ago due to liberal intolerance, which included death threats to teachers and administrators and culminated in a siege over the school, contributed to the already declining enrollment. As a result, the budget will be cut by $6 million, which will lead to further declines in enrollment. […]

Rand Paul Forced a Senate Vote on the Budget to Expose RINOs

May 18, 2018 Townhall 0

Rand Paul’s ‘Penny Plan Budget’ bill would have cut one penny from every dollar over five years, delivering a balanced budget. He suggested that much of the cuts could have come from defense, education, and corporate welfare. 76 Senators, including RINOs (Republicans in name only), have now been put on record voting for uncontrolled spending. […]

The Pentagon and HUD Took $21 TRILLION from US Taxpayers!

May 16, 2018 Catherine Austin Fitts 0

American taxpayers have been robbed of at least $21-trillion by the DOD and HUD, based on a study of the agencies from 1998 to 2015 made by a professor of economics at Michigan State University. Meanwhile, the government has failed to fund $5-trillion in pension obligations despite many opportunities to do so, concluding it is intentional and that it will cause a “crisis” that will increase taxes, including property tax. […]

Middle Class Squeezed Out as California Economy Falls

May 15, 2018 Fox News 2

Victor Davis Hanson says that the economic distribution in California is Medieval because wealthy people on the coast, who make policy decisions, are not subject to the ramifications of their own ideologies, laws, and regulations that are imposed on the rest of the population. Because of this, an estimated four to five-million people from the middle class have left the state, replaced by illegal aliens from Mexico. [This cannot end well.] […]

Almost 50% of US Aid to Afghanistan Goes to Corruption, Waste, Fraud, and Abuse

May 15, 2018 Breitbart 2

During a Senate hearing on US Spending in Afghanistan, Sergio Gor, Senator Rand Paul’s deputy chief of staff, made a written statement indicating that between 20% and 50% of US reconstruction funding in Afghanistan “goes to corruption, waste, fraud, and abuse.” US involvement in Afghanistan will cost taxpayers $45-billion in 2018. […]