The mass shootings in August at a Walmart in El Paso, Texas, and at a bar in Dayton, Ohio, prompted the CEOs of more than a hundred large and small corporations to write a letter to the members of the U.S. Senate about “a public health crisis that demands urgent...
Since September 17, the Federal Reserve Bank of New York has pumped billions of dollars into the repurchasing (repo) market, the first such intervention since 2009. The Fed has announced that it will continue to inject as much as 75 billion dollars a day into the repo...
This is one of those stories that sounds like fiction and totally made up. But it actually happened. Over a long period of time. The warning signs was flashing as red as they could, but complex internal work relationships kept the employee hired far longer than...
From Zerohedge Patrick Byrne the ex-CEO of Overstock sold his entire holding of stock totaling 90 million dollars. What did he do with the money? "...after paying tens of millions in taxes (after all, “We didn’t build that,” right?) by Friday the rest will be in...
As this article shows, technology creates more jobs than it destroys – despite the claims to the contrary, innovation is a job creator, not a job demolisher”. But this issue keeps receiving attention. For example, Bill de Blasio’s “robot tax” idea and Andrew Yang’s...
Whenever a central bank introduces easy monetary policy, as a rule this leads to an economic boom — or economic prosperity. At least this is what most commentators hold. If this is however the case then it means that an easy monetary policy can grow an economy. But...
In poor countries, welfare state represents a system where businessmen and statesmen work side by side (to plunder money from the people) The idea of an economic model able to set an improbable combination of economic liberalism with central planning (a middle way...
Shannon O’Toole, according to the author's biography on Amazon, “worked extensively to identify fraud in multiple government programs. She received countless accolades and honors for her achievements and finally the prestigious HUD Secretary’s Award for her work.” The...
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