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bankruptcy

01/21/2018 / By Robert Jonathan

Run by liberals, California now takes the prize as the most IMPOVERISHED state in America

Once governed by Ronald Reagan, California is a prime example of the wretched failure of big government socialism. A high-tax, excessively regulated state — measures which primarily target law-abiding, middle-class workers and their families — in the death grip of virtue-signaling, far-left Democrats now has the highest poverty rate in America. From 1992 through 2015, the Golden State, […]

07/08/2017 / By Lance D Johnson

The Illinois lottery just imploded, declaring it can no longer pay large winnings

Not even the Illinois state lottery pool is safe from the financial collapse that is taking place in the Land of Lincoln. Illinois lottery winners are no longer guaranteed their winnings and will have to wait for lawmakers to pass a budget before there is the possibility that they can collect their cash. As the […]

07/04/2017 / By Mike Adams

For America to survive, we must declare independence from Big Pharma’s failed medical monopoly

Although suddenly everyone is aware of the looming financial collapse of the State of Illinois, almost no one is aware of why it’s actually happening. And the lying mainstream media — purveyors of fake news — won’t dare tell you the real truth: Illinois is being bankrupted by Big Pharma and the failed “sick care” […]

06/19/2017 / By JD Heyes

Several states set to collapse under crushing weight of bankrupt pensions: Will Illinois become the first?

For years Natural News founder/editor Mike Adams, the Health Ranger, has been warning Americans that many of the nation’s public sector pensions are underfunded by hundreds of billions of dollars and are on a course to collapse. In 2013, Adams warned police officers, firefighters, teachers and others who work for government entities that unless funding […]

05/10/2017 / By Russel Davis

Shock report reveals 60% of countries will be bankrupt within 50 years

A report by Standard & Poor revealed that some 60 percent of countries around the world will be bankrupt within 50 years. According to the report, entitled Global Aging 2010: An Irreversible Truth, these countries will be in such great debt by 2060 that their debts will eventually be downgraded to “junk status.” Countries with a junk […]

04/19/2016 / By usafeaturesmedia

BLEEDING OUT: Insurers warn their Obamacare losses are unsustainable but the prez won’t budge

(BigGovernment.news) Critics of Obamacare have long said that once the law was fully implemented, it wouldn’t take long before the private insurance market began to hemorrhage money at a pace they could not sustain. That time has arrived. As reported by The Hill, health insurance companies are ramping up warnings regarding the financial sustainability of […]

04/13/2016 / By usafeaturesmedia

TIME BOMB: $3.4 trillion pension funding shortfall threatens to bankrupt cities and leave millions shortchanged

(BigGovernment.news) U.S. public pension systems throughout the nation face a mindboggling $3.4 trillion funding deficit that is putting tremendous financial pressure on cities and states to either dramatically cut back on spending and services or raise taxes big time in order to avoid bankruptcies and defaults. As reported by the Financial Times, academic research shared […]

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