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.
spending
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...
David Stockman’s Explainer to the 2023 Economy
You can count on the knuckleheads at Bloomberg to start off the year with still another dead-wrong proposition. That is, more nonsense about the “strong” labor market—-one so strong that it is purportedly even defying the mighty Fed. The latest US employment report is...
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...
Mainstreet Hunkers Down as Home Sales Drop Drastically
The crash landing of the housing market continued in November. Existing home sales of just 4.09 million units at an annualized rate represented at staggering 37% drop from the 6.49 million rate posted in January. There has never been a drop this severe within a single...
South Korea Says it Will ‘Punish’ North for ‘Provocations’
South Korean President Yoon Suk-yeol has vowed more aggressive retaliation to military action by Pyongyang, calling to “punish” the DPRK soon after Seoul unveiled a new $440 million military spending package.
Space Force Gets Massive Budget Boost Amid Sexual Harassment Scandal
The 2023 National Defense Authorization Act (NDAA) increases the budget of the Pentagon’s newest branch by billions of dollars. The funding increase comes after a top Space Force civilian employee sexually harassed his subordinates and kept his job.
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...
Blog
Podcasts
Shop Our Books
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.