Netanyahu and Gantz Agree On West Bank Annexation Plan

by | Apr 6, 2020 |

From Haaretz Netanyahu and Gantz have agreed on a plan to annex the West Bank.  All that's left is to negotiate the details and pass the plan in the Knesset. "Once approved by the cabinet, a proposal to apply Israeli sovereignty over parts of the West Bank would also require approval by the Knesset's Foreign Affairs and Defense Committee, and then the full Knesset." Right-wing settler parties have expressed concern that language in the proposal requires American approval first: "Gantz and Netanyahu, until recently political rivals who faced off in Israel's March 2 election, agreed that...

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Three Pieces Of Legislation That Are Making The Coronavirus Worse

by | Apr 4, 2020 |

There are 3 pieces of legislation that are making the Coronavirus 10x worse than it ought to be. 1. 1997 Balanced Budget Act: Capped the number of residents and physicians. 2. 2011 Affordable Care Act: Made it illegal for physician ownership of hospitals. 3. Certificate of Need (CON): Mandated approval of all medical facilities through special committees. No competition allowed. https://www.youtube.com/watch?v=AmMp6tjqMuQ&feature=youtu.be

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The U.S. Fed Just Became The World’s Banker

by | Mar 31, 2020 |

From Marketwatch "The Federal Reserve on Tuesday said it was establishing a temporary repo facility for foreign central banks that will help make U.S. dollars available in their jurisdictions. In the new facility, the central banks will be able to temporarily exchange their U.S. Treasurys held at the Fed for U.S. dollars. "This facility should help support the smooth functioning of the U.S. Treasury market by providing an alternative temporary source of U.S. dollars other than sales of securities in the open market," the Fed said. It should also ease strains in global U.S. dollar funding...

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Where Is All The Money Going From The Covid-19 Stimulus Bill?

by | Mar 30, 2020 |

The Visual Capitalist has an excellent graphic showing who-gets-what.  Note their is approximately $17 billion "required for national security".  That is believed to be for Boeing.  Of course money is fungible and this visual only shows broad categories. https://www.visualcapitalist.com/the-anatomy-of-the-2-trillion-covid-19-stimulus-bill/

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Sanctions Are Inhumane – Now, And Always

by | Mar 28, 2020 |

Asli U. Bali and Aziz Rana at Boston Review on the brutality of sanctions and why they must end. The current covid-19 pandemic has exposed the brutality of the economic sanctions imposed on the world by the U.S. government. This current crisis reveals all of Trump's personal deficiencies: his narcissism, xenophobia and brutal belief in "American Exceptionalism." He has filled his administration with Christian and Jewish Zionists, China haters and nationalist imperialists that have used sanctions as a weapon to conduct their "civilization wars" against countries that don't bow to pax...

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Help For Small Business Owners

by | Mar 27, 2020 |

For any small business owner that needs to apply for a loan their is some good news.  Secretary Mnuchin announced that the emergency small business funding mechanism will be administered through the Treasury FDIC system rather than the SBA.  The contact point for the loans will be any FDIC bank so you should be able to go directly to a local bank and apply for emergency funding rather than having to go through the cumbersome SBA loan process. Mnuchin describes how this will work here https://www.youtube.com/watch?time_continue=185&v=Y1AyZpSp8d0&feature=emb_logo Hat tip to Sundance at...

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