
The financial situation in Puerto Rico is at the crisis point, leading to proposals for a massive bailout that would ostensibly stabilize the island’s economy and protect small investors… but would, in fact, be a tremendous giveaway to Wall Street interests.
by John Hayward15 Dec 2015, 8:06 AM PST0

“It will be very difficult for me to vote for any funding bill that risks American lives by improving the chances of successful terrorist attacks on American cities,” Mo Brooks said in an interview with Breitbart News Tuesday. “And so if that’s the funding bill Barack Obama and the House and Senate leadership want me to support they’re going to need to look elsewhere for votes.”
by Caroline May17 Nov 2015, 1:49 PM PST0

Senator Rand Paul (R-KY) argued that “Congress has become a shell of itself” and gets along too much, in addition to wondering whether debt is more disruptive than uncertainty over the debt ceiling in a speech on the Senate floor
by Ian Hanchett30 Oct 2015, 12:15 AM PST0

GOP presidential candidate Dr. Ben Carson vows he won’t raise the debt ceiling if elected President of the United States, and says he’ll address the budget “immediately.”
by Alex Swoyer27 Oct 2015, 10:59 AM PST0

Lamar Odom may not have settled all of his outstanding debt to the brothel where he was found unconscious earlier this month — and if he does not pay, the owner has pledged to go after his wife, Khloe Kardashian.
by Daniel Nussbaum25 Oct 2015, 11:57 AM PST0

On Wednesday afternoon, 2016 Presidential candidate and pediatric surgeon Dr. Ben Carson addressed thousands of people at a rally in Anaheim, California. Much of Carson’s question and answer session touched significantly on his medical experience. His speech centered around his
by Michelle Moons9 Sep 2015, 7:32 PM PST0

South Carolina Senator and Republican presidential candidate Lindsey Graham said, “if you’re looking for a Republican, Joe, to do revenue, count me in” in a discussion of his tax policy, elaborating that he would “close many tax loopholes” and “increase
by Ian Hanchett2 Sep 2015, 1:33 PM PST0

“All great change in America begins at the dinner table,” Mark Levin quotes President Reagan’s Farewell Speech in the final chapter of Plunder and Deceit.
by Michelle Moons24 Aug 2015, 10:55 AM PST0

New Jersey Governor Chris Christie reacted to the news of the stock market crash on Wall Street earlier today on Fox News, blaming President Obama for racking up too much national debt. “What’s happened is, because this president has run up more debt than any president in American history, that debt has been given to us in large measure by the Chinese,” he said.
by Charlie Spiering24 Aug 2015, 7:54 AM PST0

In a very long piece on former Greek finance minister Yanis Varoufakis in the New Yorker, the former head of the nation’s economy admits to being surprised both by the Greek people’s rejection of an austerity deal and the Prime Minister’s acceptance of one.
by John Hayward20 Aug 2015, 8:00 AM PST0

Puerto Rico officially defaulted on part of its $73 billion in debt on Monday afternoon, when the U.S. territory only paid $628,000 toward a $58 million debt due by 5 p.m.
by Chriss W. Street4 Aug 2015, 5:24 AM PST0

SAN JUAN, Puerto Rico, Aug. 3 (UPI) — Puerto Rico paid only $628,000 on a $58 million debt bill due Monday, putting the country into default for the first time.
by Breitbart News3 Aug 2015, 2:50 PM PST0

in his elegant and moving new book, Plunder and Deceit, Mark Levin takes his message to the next generation.
by Ben Shapiro31 Jul 2015, 9:15 PM PST0

China’s stock market suffered an 8.48% crash on Monday that humiliated the country’s leadership and will almost certainly cause a major Communist Party crisis.
by Chriss W. Street27 Jul 2015, 1:26 PM PST0

If there’s an 18-year-old in your life — or if you’ve been 18 yourself, in the not-too distant past — you know that credit card invitations start clogging the mailbox right around that magic birthday. And whether you’re a “financial education” specialist or just your average parent, you know one of the first lessons an 18-year-old needs to learn is not to borrow when you don’t have to.
by Breitbart Texas10 Jul 2015, 7:23 AM PST0

All sorts of deadlines have come and gone during the Greek debt crisis—as the basket-case nation’s European creditors repeatedly blinked and decided to grant one extension after another—unwilling to precipitate the pan-European (and possibly global) financial earthquake of a “Grexit” from the Euro.
by John Hayward9 Jul 2015, 7:08 PM PST0

The poll found that UK, France, Germany and the Netherlands appear to view the perception of Greece more negatively due to the current situation. However, the study showed countries that were more impacted by the economic crisis across Europe had a less negative opinion of Greece as a tourist destination.
by Alex Swoyer9 Jul 2015, 8:30 AM PST0

In her first interview since her husband, Dr. Ben Carson, announced he is running for president, Candy Carson talked to Breitbart News exclusively about their wedding anniversary, family, and faith, but she also stressed how critical it is for Americans to get out there and vote as well as educate themselves on the issues to hold their Congressmen accountable.
by Alex Swoyer8 Jul 2015, 10:40 AM PST0

As Greece breaks apart on the rocky shores of the European Union, the man who did so much to run his nation’s finances aground has decided to call it quits. The New York Times sees the sudden resignation of “combative” Finance Minister Yanis Varoufakis as a gesture of “conciliation” between the socialist Syriza government and a thoroughly fed-up European Union, but it might be premature to talk about Greece making peace with its creditors.
by John Hayward6 Jul 2015, 11:55 AM PST0

Puerto Rico’s governor said that the U.S. territory was in a “death spiral” and may default on the $72 billion debt it has accrued. “Even if we raise revenues and cut costs, the magnitude of the problem is such that we would not resolve anything given the weight of the debt we’re dragging,” the Democratic governor, Garcia Padilla, said in a public address.
by Michael Lucchese30 Jun 2015, 2:42 PM PST0

SAN JUAN, Puerto Rico (AP) — The governor warned that Puerto Rico can’t pay its $72 billion public debt as international economists released a critical report Monday on the island’s economy.
by Breitbart News29 Jun 2015, 8:07 PM PST0

Former Texas Governor and Republican presidential candidate Rick Perry dubbed the US debt “immoral” in an interview with Fox News Channel host Greta Van Susteren released on Monday. Perry began by touting his economic record as Governor of Texas and
by Ian Hanchett29 Jun 2015, 6:20 PM PST0

The long standoff between intransigent Greek socialists and their increasingly exasperated creditors appears to be reaching an end, judging by the commentary after an International Monetary Fund meeting this week. It sounds as if the Greeks are running out of cards to play.
by John Hayward14 Jun 2015, 7:49 AM PST0

On July 30, 1965, President Lyndon Johnson signed Medicare into law and enrolled former President Harry Truman as its first beneficiary. But today, federal unfunded liabilities are catastrophic for future taxpayers and economic growth. The US Debt Clock lists federal unfunded liabilities at $97 trillion. That equals about $818 thousand per taxpayer; about three times average U.S. net worth; and 131 percent of world GDP.
by Chriss W. Street11 Jun 2015, 4:15 AM PST0

The Group of Seven (G7) kicked off its annual summit this week with the situations in Ukraine and Greece on top of the agenda. President Barack Obama and German Chancellor Angela Merkel met privately on Sunday to hammer out details about the two countries.
by Mary Chastain8 Jun 2015, 12:25 PM PST0