Jason Ditz talks about escalating tensions in Iraq, the ongoing humanitarian crisis in Yemen, and the murmurings of another attempt by the U.S. to put Juan Guaido in power in Venezuela. Scott and Ditz are stunned that America keeps making the same foreign policy...
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News Roundup 4/7/20
US News The US daily output dropped 29% since the first week of March. [Link] The Secretary of the Navy gave a speech to the crew of the USS T Roosevelt slamming the recently fired captain of the ship. The secretary is receiving a lot of backlash and calls to resign....
Less Driving Amid Outbreak is Hurting Red Light Camera Revenue — Which is Great
Since states began locking down in mid-March, unemployment has skyrocketed, businesses have shuttered their doors, and these uncertain times have grown more worrisome by the day. There is one industry that is hurting, however, that shouldn’t bother many of us and that...
News Roundup 4/6/20
US News The FDA will allow medical staff in the US to use Chinese made KN-95 respirators. The respirators are an alternative to the N-95s. [Link] Trump invokes the Defense Production Act to prevent 3M from exporting respirators. [Link] The fired Captain of the USS T...
Coronavirus Being Used to Scare You Away From Using Cash
Cash has been the target of the banking and financial elites for years. Now, the coronavirus pandemic is being used to frighten the masses into accepting a cashless society. That would mean the death of what’s left of our free society. CBS News, CNN, and other...
News Roundup 4/3/20
US News Over 6.6 Americans filed for unemployment this week. That is nearly double last week’s record-setting number. New York City police are arresting people for failing to social distance. Once arrested, they are put in a holding cell with dozens of other people....
News Roundup 4/2/20
US News The US will allow the sailors on the USS T Roosevelt to quarantine sick sailors in Guam. The Captain of the aircraft carrier wrote a letter warning about a catastrophic situation on the ship as he was unable to stop the spread of coronavirus. [Link] Trump...
Will Coronavirus End the Fed?
September 17, 2019 was a significant day in American economic history. On that day, the New York Federal Reserve began emergency cash infusions into the repurchasing (repo) market. This is the market banks use to make short-term loans to each other. The New York Fed...
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