Will the US Dollar Collapse in May?

John Williams, founder of Shadowstats.com, predicts the US dollar will collapse by May 2013 from a massive self-off (i.e. the value of the dollar will crash because other countries will dump dollars in favor of other currencies) by May 2013. ShadowStats.com is dedicated to correcting the deliberate distortions the federal government, builds into their unemployment […]

S S & Medicare Are Part of the Solution, Not the Problem

Let me try to make this very simple.  Social Security and Medicare are not part of the problem.  They are part of the solution.  They are NOT part of the deficit.  Cutting them will not make the deficit less.  Cutting them will reduce the revenue side of the equation and make the deficit bigger.  Everyone […]