Steven Woskow | The Libertarian Institute

Meet The New Boss – At The Fed

by Steven Woskow | Mar 27, 2020 | Blog

Jim Bianco at Bloomberg "The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury. In other words, the federal...

Gantz Sells Out To Netanyahu

by Steven Woskow | Mar 26, 2020 | Blog

Never trust a politician. In the end they all sell out. From the Jerusalem Post “We formed Blue and White to offer an alternative to the Israeli people,” Lapid said. “The election results proved that Israel needed that alternative like we need air to breathe. We wanted to bring about change, to bring about hope, to start a new path. Benny Gantz decided today to break apart Blue and White and crawl into Netanyahu’s government. It’s a disappointing decision. What’s being formed today isn’t a unity government or an emergency government. It’s another Netanyahu government. Benny Gantz...

Doctors In Italy: We No Longer Help Those Over 60

by Steven Woskow | Mar 22, 2020 | Blog

This is why people that work in U.S. health care are trying so hard to keep the number of cases down. When medical systems become overwhelmed, they have to make heartbreaking decisions about who lives and who dies. "As his department receives coronavirus patients who are terminally ill the focus is to allow patients to meet loved ones and communicate with them during their last moments despite the quarantine regulations."

The European Debt Crisis Explained

by Steven Woskow | Mar 20, 2020 | Blog

https://www.youtube.com/watch?v=I5QwKEwo4Bc&feature=youtu.be

Don’t Bailout The Share Buyback Queens

by Steven Woskow | Mar 17, 2020 | Blog

From Wolf Richter at Wolf Street. The Trump administration is considering a $850-billion stimulus package (bailout) for corporate America. This includes a bailout for the airline industry - the same airline industry that spent the past few years spending cash and borrowed money on share buybacks. "The S&P 500 companies, including those that are now asking for huge bailouts from taxpayers and from the Fed, have blown, wasted and incinerated together $4.5 trillion with a T in cash to buy back their own shares just since 2012." Now the Fed is worried, but Fed policy helped create this...

Look On The Bright Side

by Steven Woskow | Mar 9, 2020 | Blog

It's not all bad news: "The comments came days after spread of the coronavirus forced the weeklong closure of two F-35 related facilities in Italy and Japan―a sign the outbreak had begun to impact operations within the American defense industrial base."

Coming Soon: The Last Interview of Justin Raimondo

by Steven Woskow | Feb 13, 2020 | Blog

Robert Wenzel, a final interview with Justin Raimondo. A month before his death last year, I sat down for a two-hour interview with Justin Raimondo where he recounted his 45 years of experiences as part of the libertarian movement and the personalities he encountered. You are not going to want to miss this. here

18 Months Of Negotiation To Crack The Saudi Blockade Of Yemen

by Steven Woskow | Feb 7, 2020 | Blog

To airlift 7 Yemenis in need of medical care to Jordan. The Saudi blockade of the airport at Sana has prevented much needed medical care going in or out of Yemen. It took 18 months of negotiations just to be able to airlift 7 people. But , the article claims "Prince Mohammed has also faced stinging international criticism over his conduct of the war." Really, what criticism? Where is all this harsh criticism? Where was any coverage of this on network TV news? The airport in Sana has been closed to civilian traffic since 2015, effectively imprisoning thousands of Yemenis requiring urgent...