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Precisely one year ago today, the US federal government opened Fiscal Year 2019 with a total debt level of $21.6 trillion: Specifically, the US federal debt on October 1st last year was $21,606,948,183,180.23 Today is the start of the government’s 2020 Fiscal Year. And the total debt is now $22,622,684,674,364.43
On Friday evening, the government here in Puerto Rico made an announcement to local retirees that many of them would have their pensions cut. Poof. Just like that. The pension cut is part of a debt restructuring plan to help Puerto Rico emerge from bankruptcy, which they declared in May
Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty and finances. And for our Jewish readers, l’shanah tovah tikatev v’taihatem. NBC news wants you to confess your climate sins Bless me media, for
I’ve never really been prone to schadenfreude— a feeling satisfaction from someone else’s misfortune. But I am a big believer in the Karmic justice. If you’re a dirty scumbag who constantly lies, cheats, and steals, sooner or later the universe is going to catch up with you. And I love
An 89 year old man named Robert Allen was feeling depressed after Christmas. He went to the emergency room, and told the doctor that he had thoughts of hurting himself. Using his powers under the Baker Act, the doctor sent Robert to a mental health facility called North Tampa Behavioral.
I arrived back home to Puerto Rico late last night after traveling back from our Total Access event in Las Vegas. It was probably around 11:15 pm when I climbed into bed. And, within minutes, just as the sound of the waves outside was carrying me off to sleep, the
There are few times in life when you have the opportunity to witness a master at work… someone who is truly the best in the world at what they do. Whether it’s the world’s greatest chef, a champion athlete, a master pianist, or even the guy who holds the world
Happy Friday everyone. I’m en route to Las Vegas today where we begin a wonderful weekend gathering with our Total Access members. But I wanted to send you this quick roll-up of the most outrageous (and comical) stories we’re following which affect your liberty and finances. Let the absurdity begin!
In a concept paper called “Treat Wealth Like Wages”, the ranking member of the US Senate Finance Committee laid out a plan late last week to radically overhaul the tax code in a way never before seen. Just as you’d expect from the title, his central idea is to tax
More than 5,000 years ago on a hilltop located in modern-day Georgia (the country, not the state), a group of people from the prehistoric Kura-Araxes civilization gathered their primitive tools and began to dig. It took years. But they eventually burrowed 20 meters deep into the earth and constructed a
Get ready for your Friday absurdity! Here are this week’s stories: Professor advocates for cannibalism to fight climate change If you’re concerned about the human impact on Earth’s climate, you could plant a tree, install solar panels, ride a bike, or eat your dead relatives. Don’t let that sack of
A few hours ago, the European Central Bank announced a bonanza stimulus package: interest rate cuts, money printing, quantitative easing, the whole nine yards. Europe’s economic growth has ground to a halt. The German economy actually shrank last quarter, according to official statistics. So the European Central Bank is throwing
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