spending

Bubbles R-Us

Bubbles R-Us

The Wall Street Journal today brings word that a professor Efraim Benmelech of the finance department at Northwestern University thinks the Fed is hurting housing and the consumer too much. Opined he, ...those higher interest rates are making mortgages more expensive...

US to Transfer Seized Russian Assets to Ukraine

US to Transfer Seized Russian Assets to Ukraine

The US government is preparing to hand Ukraine assets confiscated from Russian businessmen under a scheme proposed by the Biden administration last year, which aims to target the wealth of “oligarchs” and pass it on to Kiev.

Hands Off My Income

Hands Off My Income

House Democrats finally obtained former president Donald Trump’s tax returns and promptly released them to the public. No one should have his tax returns released: not presidents, not politicians, not celebrities, not sports figures, not cab drivers. Released was...

News Roundup 1/1/2023

News Roundup 1/1/2023

Russia After over 10 months of fighting between Russian and Ukrainian forces, there’s no sign that 2023 will bring peace to Ukraine as the warring parties have radically different demands, and the US continues to escalate aid for Kyiv and its role in the war. AWC...

News Roundup 1/1/2023

News Roundup 12/22/2022

Russia Congress unveiled on Tuesday a massive $1.7 trillion omnibus funding bill that includes $45 billion in new Ukraine aid, which will bring total US spending on the war to about $112 billion. AWC Russia’s Foreign Ministry warned on Monday that Washington’s...

News Roundup 1/1/2023

News Roundup 12/18/2022

Kosovo Serbia has formally asked NATO if it can deploy up to 1,000 troops into northern Kosovo, where Serbian President Aleksandar Vucic says ethnic Serbs are being “terrorized” by the Kosovo government based in Pristina. AWC Russia The Senate on Thursday night passed...

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