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Record Bank Failures, And What They Mean

Record Bank Failures, And What They Mean

The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in U.S. history. Just two days following SVB’s collapse, Signature Bank joined the record books as the third largest bank failure in U.S. history. First Republic Bank also seemed...

News Roundup 2/14/2023

News Roundup 2/14/2023

US News A government watchdog estimates nearly $200 billion in pandemic unemployment insurance payments may have been misspent. The Hill  Majid Khan, a detainee at the Guantánamo Bay torture prison, was released to Belize. NPR Russia NATO Secretary-General Jens...

Abolish Society Security

Abolish Society Security

Social Security is the compulsory government retirement program Americans are required to pay into for as long as they are employed. All revenue which is used to pay for Social Security is acquired through payroll taxes. More specifically, it is acquired through...

U.S. Inflation Climbs To 7.5%

Rents rose 0.5% last month in another of a series of sharp increases since last summer. The cost of rent — the biggest expense for many households —has jumped almost 4% in the past year. Food prices also increased again, up almost 1% in January. The cost of groceries...

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