FINANCE
US Budget Deficit Hits All-Time High of $864 Billion in June
(Associated Press) The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.
The Treasury Department reported Monday that the deficit hit $864 billion last month, an amount of red...
Rep. Wants to Audit Gold Intervention; Ban Federal Tax on Precious Metals
(Chris Powell, Money Metals News Service) Surreptitious intervention in the gold market by the U.S. government is the target of legislation introduced in the U.S. House of Representatives by Rep. Alex Mooney (R-WV).
Congressman Mooney just circulated a letter to his House colleagues seeking formal cosponsors and support for his...
Coin Shortage Ramps Up War on Cash
(Stefan Gleason, Money Metals News Service) Many retail businesses including grocery stores and fast food restaurants have been wrangling with a national coin shortage.
Some are posting notices informing customers that they will need to pay in exact change or use alternative payment methods such as credit cards.
What’s driving this...
REPORT: Fusion GPS Got Up to $1M in COVID Small-Business Relief for 15 Employees
Fusion GPS, the group that hired former British spy Christopher Steele to investigate whether the Trump campaign colluded with Russia during the 2016 election, received hundreds of dollars of coronavirus relief funds through the Small Business Administration’s Paycheck Protection Program.
Enviro-Activists and Big Law Cancel the Atlantic Coast Pipeline
Like many activist targets, the Atlantic Coast Pipeline, which would have created thousands of construction jobs throughout West Virginia, Virginia and North Carolina, has been canceled.
NC Utilities Are Going Broke Due to Dem. Gov’s Free Electricity Mandate
In the early days of the Wuhan virus panic, North Carolina’s Democratic Gov. Roy Cooper ordered utility companies to provide electricity and water services to people even if they didn’t pay their bills.
Federal Student Aid Applications Down Almost 4% Since Last Cycle
It was sharpest at Title I schools...
(Liberty Headlines) The number of high school seniors applying for U.S. federal college aid plunged in the weeks following the sudden closure of school buildings this spring.
In the first weeks of the pandemic, the number of new applications fell by nearly half compared...
FBI: Background Checks for Gun Sales Skyrocketing as Protests Continue
'Large shipments are arriving in the morning and are selling out the same day...'
Background checks for gun sales last month increased by 70% what they were this time last year, according to the FBI’s National Instant Criminal Background Check System.
The system reported conducting 3,931,607 background checks in June. So...
Walmart Pulls ‘All Lives Matter’ Shirts From Stores After Leftist Backlash
'We promote listening, seeking to understand and embracing individual differences...'
(Claire Russel, Liberty Headlines) Leftist activists are now trying to cancel Walmart after discovering that the retailer sells T-shirts that say “All Lives Matter” and “Blue Lives Matter.”
The retailer has been selling these shirts on its website, Walmart.com, and in...
CNN Plans to Flee Atlanta HQ, Just Weeks after Vandalism by Network-Hyped Riots
'We feel the long-term benefit of being in one location will be a more collaborative workforce...'
(Ben Sellers, Liberty Headlines) When race riots in the wake of George Floyd's Minneapolis killing reached Atlanta, being one of the top cheerleaders for the violent protests didn't prevent CNN from becoming one of...
Unilever Yanks Ads on Facebook and Twitter for Remainder of Year
'Continuing to advertise on these platforms at this time would not add value to people and society...'
(Ben Sellers, Liberty Headlines) Virtue-signaling companies Facebook and Twitter got a taste of their own medicine Friday after household goods company Unilever pulled all its advertising for the remainder of the year.
The news...
Omaha Mayor Probes BLM Protests After Harassment, Extortion Force Restaurant to Close
'The verbal abuse, taunting and having to be escorted ... for two straight days was more than we could watch...'
(Claire Russel, Liberty Headlines) The mayor of Omaha, Nebraska is launching an investigation into the Black Lives Matter protests after protesters harassed a local restaurant, forcing it shut down.
The 11-Worth...
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