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It is not surprising that some US states are facing large deficits between budgeted spending and incoming revenues. However, state bankruptcies occur when states cannot meet their bond obligations, which have little to do with operating expenses.
The fact that paramedics can forcibly inject innocent subjects with powerful drugs upon request by police should set off many alarm bells.
David J. Bier This updates an earlier post. Border Patrol Chief Jason Owens confirmed last week that the number of known successful evasions of Border Patrol (“gotaways”) have fallen to just 800 per day in fiscal year 2024—down 70 percent from 2,671 the week before the Title
The Fed-launched real estate bubble did not just create havoc in residential markets, but also has distorted the commercial real estate market, too. And it is getting worse.
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