Recently, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), suggested that the year 2023 could "represent a turning point, with inflation declining and growth bottoming out.” She based the prediction on economic assumptions....
IMF
The U.S.-Led Sanctions Blitz on Russia Has Failed
by Ted Snider | Feb 21, 2023 | Featured Articles, Foreign Policy
In February 2022, when Russia invaded Ukraine, the U.S. orchestrated a perhaps unprecedented sanctions clampdown on Russia. A month later, U.S. Treasury Secretary Janet Yellen declared with certainty that "the Russian economy will be devastated as a consequence of...
Ukraine Passes 2023 Budget in Secret, Expects US To Cover Deficit
by Kyle Anzalone | Oct 9, 2022 | News
Ukraine’s Rada approved a draft budget for 2023 in a closed session. The spending plan has a $30 billion deficit which Kiev largely expects to be covered by Washington. The White House has sent Ukraine tens of billions in aid since Russia invaded in February.
Biden Builds Anti-Iranian Axis During His Middle East Trip: COI #305
by Kyle Anzalone | Jul 22, 2022 | Conflicts of Interest
On COI #305, Kyle Anzalone and Connor Freeman break down the latest news on Iran, the JCPOA, President Joe Biden’s Middle East trip, and the economic crisis facing Europe. Connor discusses Biden’s trip to Israel where he signed a joint declaration with the Israeli...
Joe Biden Blames Everyone for Inflation (Except Himself)
by Ryan McMaken | May 11, 2022 | Economics, Featured Articles, Politics
Speaking at the Eisenhower Executive Office Building, President Joe Biden on Tuesday morning declared inflation to be his top “domestic priority” and insisted that inflation would not be a problem were it not for covid and the war in Ukraine. There was little room,...
Ukraine Seeking Tens of Billions in Financial Aid as War Costs Mount
by Kyle Anzalone and Will Porter | Apr 11, 2022 | News Roundup
Ukraine is seeking tens of billions of dollars in financial aid from the International Monetary Fund’s Covid relief program. Kiev says it is in dire economic straits due to the Russian invasion, while the World Bank estimates the country’s GDP will drop by a staggering 45% in 2022.
Sanctions Don’t Hurt Only Russia
by Daniel Lacalle | Feb 22, 2022 | Economics, Featured Articles, Foreign Policy
The escalation of tension in Ukraine has reminded us of something many investors seemed to have forgotten: geopolitical risk. Sanctions and the inevitable drop in trade have proven to generate a significant negative impact on the different economies involved. We know...
12/30/21 Basir Bita on the Economic Crisis in Afghanistan
by Scott Horton | Jan 1, 2022 | The Scott Horton Show
Scott interviews activist Basir Bita about the economic calamity that’s hit Afghanistan since the U.S. withdrawal this past summer. With the U.S. and IMF freezing Afghan government funds as well as widespread market corrections after the fall of the previous regime,...
Lunatic With a Plan: Erdogan and Turkey’s Economic Woes
by Tom Luongo | Dec 28, 2021 | Economics, Featured Articles, Foreign Policy
Since the first assault on Turkey’s finances in 2018, which I wrote about multiple times (here, here, and here), I’ve been the lone voice telling everyone that President Recep Tayyip Erdogan is a lunatic but he’s a lunatic with a plan. That plan is to de-dollarize the...
News Roundup 8/19/21
by Kyle Anzalone | Aug 19, 2021 | News Roundup
US News Biden says nursing homes that have Medicare and Medicaid residents have to mandate their staff are vaccinated. [Link] The FDA approved a third booster shot of the 2-shot covid vaccinations for most adults. [Link] The federal government will reimburse states...
News Roundup 2/22/21
by Kyle Anzalone | Feb 22, 2021 | News Roundup
US News Assange’s lawyers are considering a cross appeal to the UK High Court. [Link] Bolivia has returned the entire US-IMF loan the country received when a coup government was in charge. The $346 million loan racked up $25 million in interest when it was paid off....
Public Letter, Signed By Prosecutors, Judges, and Cops, Demands Congress Expunge All Marijuana Convictions
by Matt Agorist | Sep 9, 2020 | Criminal Justice, Featured Articles
The organization formerly known as Law Enforcement Against Prohibition (LEAP), now known as Law Enforcement Action Partnership, along with the National Black Police Association, and Fair and Just Prosecution have signed onto a revolutionary letter to Congress urging...
New Global Data Shows Economic Lockdowns Have No Impact On Coronavirus Spread
by Thomas Eddlem | Jun 1, 2020 | Featured Articles
The United States and much of the world may have initiated a business shutdown—resulting in tens of millions of unemployed domestically, along with all of unemployment's other negative side effects—for no statistically measurable benefit in tamping down COVID-19. (See...
Judge Rules Biden to Be Named in Ukrainian Criminal Probe
by Kyle Anzalone | May 27, 2020 | Conflicts of Interest
On FPF #497, I discuss the developing story of a Ukrainian judge ruling Joe Biden is to be named in a criminal probe from his time as Vice President. The criminal probe is looking into the firing of former-Ukrainian Prosecutor General Victor Shokin. Biden has...
Blog
Military Conscription is Slavery: Woodrow Wilson Edition
By the guidelines set down by the Selective Service Act, all males aged 21 to 30 were required to register to potentially be selected for military service. At the request of the War Department, Congress amended the law in August 1918 to expand the age range to include...
The Capitalist Competition Myth
Capitalism involves far more cooperation than competition—think of the number of mutually beneficial transactions you’ve had today compared to the number of competitions you’ve been in today - Chris Freiman, author of Why It's OK to Ignore Politics Democratic...
Blame Mexico? Blame Neocons! Blame Big Pharma! Blame the USA!
ABC News: If fentanyl is so deadly, why do drug dealers use it to lace illicit drugs? I have an alternative explanation. America has been fighting endless wars almost the entire century. Many have come home from these never-ending wars with injuries and pains. Doctors...
My Testimony Before the Maine State Senate
In support of Ld 1054, Defend the Guard legislation: Thank you all so much for the opportunity to testify before your committee today. Today is the 20th anniversary of the beginning of Iraq War II. The consensus now is that we should not have done it. Iraq was not...
These Iraq War Supporters Are Still in Congress
On March 19, 2003 the United States began its military invasion of Iraq. The Authorization for Use of Military Force Against Iraq passed Congress in October 2002, with 296 congressmen and 77 senators voting in favor of giving President George W. Bush carte blanche...
Laci Green is Wrong: Democratic Competition vs. Free Market Competition
In environments where there's a lot of competition, people tend to lie out their ass and you can apply this to any competitive situation. Take capitalism. As industrialization took full effect, the Federal Government had to interfere because there was so much false...
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