UVA Suspends Medical Lawsuits In Wake Of KHN Investigation

By Jay Hancock and Carmen Heredia Rodriguez, Kaiser Health News. -

Charlottesville, Va. — Under pressure after Kaiser Health News reported Monday that it sues thousands of patients a year and sends many into bankruptcy, University of Virginia Health System [...]

The Key To A Sustainable Economy Is 5,000 Years Old

By Ellen Brown, Truthdig.com -

We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, [...]

Are Ordinary People In The United States Screwed? My Reply

By Jack Rasmus on his website. -

In short, the policies since 2008–both Obama’s and Trump’s–for ten years now have been subsidizing the rich, the elites, the owners of capital incomes like never before in US history. Tax cuts [...]

The Average U.S. Farm Is $1,300,000 In Debt, And Now The Worst Farming Crisis In Modern History Is Upon Us

By Michael Snyder, Endoftheamericandream.com -

We haven’t seen anything like this since the Great Depression of the 1930s.  Leading up to this year, farm incomes had been trending lower for most of the past decade, and meanwhile farm debt [...]

The Mexican Debt Crisis And The World Bank

By Eric Toussaint, Cadtm.org -

Robert McNamara and president Luis Echeverria (1970-1976) were thick as thieves. The Mexican president had cracked down on the radical left. From 1973 on, Mexico’s foreign currency revenue soared [...]

The U.S. Is In Debt To Central America

By César Chelala, Informationclearinghouse.info -

August 01, 2019 "Information Clearing House" -  At the beginning of the 1980s, during a meeting in New York with then ex-President Jimmy Carter, I accompanied Argentine Nobel Prize laureate [...]

Puerto Ricans’ Revolt Is Deeper Than The Governor’s Chats

By Margaret Flowers and Kevin Zeese, Clearing the FOG. -

Puerto Ricans have suffered over the past several years from deep debt, a faltering economy and the aftermath of Hurricane Maria. Struggling to hold on, the final straw came when hundreds of [...]

Low-Wage Workers Being Sued For Medical Bills By Nonprofit Hospital That Employs Them

By Wendi C. Thomas, MLK50, Pro Publica. -

MEMPHIS, Tennessee — This year, a Methodist Le Bonheur Healthcare housekeeper left her job just three hours into her shift and caught a bus to Shelby County General Sessions Court. Wearing her [...]

The Bankers’ ‘Power Revolution’: How the Government Got Shackled by Debt

By Ellen Brown, Web of Debt. -

US debt is unnecessary. has been financially sovereign ever since President Franklin D. Roosevelt took the dollar off the gold standard domestically in 1933. This was recognized by Beardsley [...]

Why Thousands Are Getting Hit With Unexpected Medical Bills

By Simon F. Haeder, Theconversation.com -

Hardly a week goes by without another story in the media covering a family somewhere in America dealing with an outrageous medical bill. Yet, in more and more cases, these families don’t [...]

Evaluate War’s True Costs, Including Massive Debt

By Ed Flaherty, Vcnv.org -

Have we become a welfare state for the military-industrial complex?  In August, 2018, Congress passed the Fiscal Year 2019 National Defense Authorization Act (NDAA) with overwhelming bi-partisan [...]

Lesson From History: How Bronze Age Rulers Simply Canceled Debts

By Michael Hudson, Evonomics.com -

There has been an explosion of discussion about whether to cancel student debts. Critics of the idea point out that wealthy people would be the main gainers, posing moral hazard. The debate has [...]

Trump’s $34 Trillion Deficit And Debt Bomb

By Dr. Jack Rasmus, Globalresearch.ca -

Not surprising, the $2.7 trillion in social program spending cuts will finance spending for the military and defense related programs like Homeland Security, Border walls, veterans, police, and [...]

“Earth-Shattering” Book Argues That Ancients Routinely Did What Our Government Should Do: Give Debtors A Clean Slate

By Staff, Publicbankinginstitute.org -

Michael Hudson, one of the few economists who accurately predicted the Great Recession, has written a book — …and Forgive Them Their Debts — that caused John Siman to remark in Naked Capitalism: [...]

Single Mother And Healthcare Worker Jailed For Three Days In Indiana Over Unpaid Ambulance Bill

By George Marlowe, Wsws.org -

Melissa Latronica is a 30-year-old healthcare worker and single mother of three who lives in La Porte, Indiana, 65 miles southeast of Chicago. On February 11, Melissa was pulled over by police in [...]