Podcast: Play in new window | Download | EmbedSubscribe: Apple Podcasts | Email | RSSWelcome to The Daily Wrap Up, a concise show dedicated to bringing you the most relevant independent news, as we see it, from the last 24 hours (1/13/19). As always, take the information discussed in the video below and research it Read More…
Tag: 21 trillion
Search For Missing $21 Trillion Comes Up Empty As Pentagon Fails First Audit In 71-Year History
It’s difficult to tally the cost in civilian lives and mass destruction of an annual budget rapidly approaching the trillion-dollar mark, and that’s something that likely won’t be analyzed in any audit the Pentagon conducts on itself. WASHINGTON — Despite being legally required to conduct audits since the early 90s and holding a staggering 2.2 trillion Read More…
Trump Says US Military Spending Is ‘Crazy’ High — Then Calls for Billions More
Trump backs away from calling spending levels ‘crazy’ a week ago. On Monday, President Trump seemed to be positioning himself against Pentagon calls for spending increases, saying that the spending levels are already “crazy” and that he didn’t envision the 2020 military budget should exceed $700 billion, despite Pentagon presumptions it would be $733 billion. Having met Read More…
Spending Our Way Out Of A Fiscal Crisis
According to financial writer Simon Black, the federal government is spending approximately 52,000 dollars per second. This, not last year’s tax cuts, is the reason why the national debt has reached a record 21 trillion dollars, which is more than America’s gross domestic product (GDP). Another ominous sign is that this year both Social Security Read More…
The Root Of The Crisis: Every $1 Of Debt Generates Just 44c Of Economic Output
Exactly ten years ago, in the middle of the summer of 2008, the world was only two months away from the most severe financial crisis since the Great Depression. At the time, the size of the US economy as measured by Gross Domestic product was around $14.8 trillion– by far the largest in the world. Read More…
US Abandons Syrian Proxies, Sessions’ War On Kratom/Nootropics, Lost 21 Trillion & The Secret Gov
Podcast: Play in new window | Download | EmbedSubscribe: Apple Podcasts | Email | RSSWelcome to The Daily Wrap Up, a concise show dedicated to bringing you the most relevant independent news, as we see it, from the last 24 hours (6/24/18). It’s all about making choices. Every moment of every day, every small choice Read More…