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Is Bankruptcy For Illinois The Answer?

Authored by Mark Glennon via WirePoints.com,Could a formal bankruptcy proceeding for the State of Illinois be the answer to it’s fiscal crisis? If you think that’s out of the question, as many do,...

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President Trump Fires FBI Director James Comey

Update 1: AG Jeff Sessions sent the following statement to all FBI employees tonight:The President of the United States has exercised his lawful authority to remove James B. Comey, Jr., as the Director...

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Would Congress Authorize Bankruptcy For Illinois And Other States? Yes,...

Authored by Mark Glennon via WirePoints.com,All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. -Arthur...

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Why The Next Recession Will Morph Into A Decades Long Depressionary Event......

Authored by Chris Hamilton via Econimica blog,Economists spend inordinate time gauging the business cycle that they believe drives the US economy.  However, the real engine running in the background...

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John McCain Kills Obamacare Repeal With Single Decisive Vote

In the end it was not meant to be: Senate Republicans failed, by a single vote, to pass a month-long effort to pass Republican healthcare legislation culminating with a vote on a "skinny" bill to...

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Global Market Rout Spreads: VIX Marches Higher As China Stocks, Currency Plunge

The global rout resulting from tensions over the North Korean nuclear standoff continued on Friday as world stocks tumbled for the fourth day, on course for their worst week since November following a...

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'Chapter 22' Bankruptcy Filings Increasingly 'En Vogue' For Struggling Retail...

In 2009, U.S. Shipping Partners LP accomplished what we believe was a completely unprecedented feat when they managed to confirm a bankruptcy plan of reorganization in the Southern District of New York...

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"It's Very Common": Baltimore Teacher Admits To Passing Students That Never...

Teaching can be a thankless job.  Talk to almost any educator in the public school system and you're bound to get a earful about grueling hours, disrespectful kids, infuriating bureaucracy and minimal...

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Attendance At Baltimore City Schools Crashes To 13 Year Low Just As Juvenile...

Project Baltimore, an investigative reporting series conducted by a local Fox affiliate in Baltimore City, has sifted through over a decade of high school records and discovered that attendance at city...

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Mueller Grasps At Straws As Flynn Deal Disproves Election Collusion

This whole charade with former National Security Advisor Mike Flynn reeks of desperation and makes clear that Mueller's team has an empty hand...To summarize the plea agreement from the FBI Special...

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