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Story by David Lerman, Roll Call, 2/15/24 SOURCE: https://www.msn.com/en-us/news/politics/democrats-unions-ramp-up-pressure-against-fiscal-commission/ar-BB1ilKTF?ocid=msedgntp&pc=U531&cvid=0d820786033c41af88ac72712da21375&ei=171 Aproposed fiscal commission to fast-track deficit reduction measures, already under attack from the right, also faces…
Story by Eleanor Pringle, Forbes, 2/11/24 SOURCE: https://www.msn.com/en-us/money/markets/jamie-dimon-believes-u-s-debt-is-the-most-predictable-crisis-in-history-and-experts-say-it-could-cost-americans-their-homes-spending-power-and-national-security/ar-BB1i6y8l?ocid=msedgntp&pc=U531&cvid=874eb3b6706245d7b53ebffb98f5a4f1&ei=29 EDITORIAL: For more on government fiscal policy and debt, see: Money, Banking, and Credit, Sections 11.4 and…
Story by Taylor Giorno, The Hill, 2/6/24 SOURCE: https://www.msn.com/en-us/money/markets/powell-the-us-is-on-an-unsustainable-fiscal-path/ar-BB1hLOD2?ocid=msedgntp&pc=U531&cvid=4464e15dfe1f499dba641f909b14db6e&ei=18 Federal Reserve Chair Jerome Powell said “the U.S. is on an unsustainable fiscal path” in a…
Story by Suzanne Blake, Newsweek, 2/5/24 SOURCE: https://www.msn.com/en-us/news/us/texans-could-get-hit-with-new-tax-bill-if-state-leaves-america/ar-BB1hOPsn?ocid=msedgntp&pc=NMTS&cvid=5ea32c5851834372a9fc3c5279b4923d&ei=88 If Texas seceded from the country, Texans could be in for a hefty tax bill. As conversations around the…
Story by Jennifer Sor, Market Insider, 1/30/24 SOURCE: https://www.msn.com/en-us/money/markets/black-swan-author-nassim-taleb-says-the-us-is-heading-for-a-debt-death-spiral/ar-BB1hv0JP?ocid=msedgntp&pc=U531&cvid=9cbd98935dd7412dad72be8443f779db&ei=15 The US is facing a “death spiral” as a result of its mounting debt and the…
Violating Americans’ privacy “not just unethical but illegal,” senator says. ASHLEY BELANGER , 1/26/2024 SOURCE: https://arstechnica.com/tech-policy/2024/01/nsa-finally-admits-to-spying-on-americans-by-purchasing-sensitive-data/ The National Security Agency (NSA) has admitted to buying records…
Story by Jay L. Zagorsky, Clinical Associate Professor of Markets, Public Policy and Law, Boston University, The Conversation, 1/22/24 SOURCE: https://www.msn.com/en-us/money/personalfinance/no-cash-accepted-signs-are-bad-news-for-millions-of-unbanked-americans/ar-BB1h4Dlm?ocid=msedgntp&pc=U531&cvid=ad1f13c4f13e49ff9c8f1cca48f4c258&ei=6 How many people don’t…
Story by Irina Ivanova, Fortune, 1/20/23 SOURCE: https://www.msn.com/en-us/money/markets/greedflation-caused-more-than-half-of-last-year-s-inflation-surge-study-finds-as-corporate-profits-remain-at-all-time-highs/ar-BB1gZ8gp?ocid=msedgntp&pc=U531&cvid=eddab1fc0576457b97e2f09e8f290d89&ei=28 “We may be looking at the end of capitalism.” Those words, from the pen of the loquacious…
Once, drug dealers and money launderers saw cryptocurrency as perfectly untraceable. ANDY GREENBERG, WIRED.COM – 1/18/2024, 3:00 AM, ARS Technica SOURCE: https://arstechnica.com/features/2024/01/how-a-27-year-old-busted-the-myth-of-bitcoins-anonymity/ JUST OVER A DECADE AGO, Bitcoin appeared…
Story by Thomas M. Boyd, New York Post, 1/14/23 SOURCE: https://www.msn.com/en-us/news/opinion/supreme-court-poised-to-end-constitutional-revolution-that-s-marred-us-governance-for-40-years/ar-AA1mXArb?ocid=msedgntp&pc=U531&cvid=7766645d0eca43569aa210c672879853&ei=12 When Justice John Paul Stephens issued his 1984 opinion in Chevron U.S.A. v. National Resources…
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