Could it be that we’re simply a victim of our own technology and the hubris acquired in response to its perceived capabilities?
US
Jobless claims soar again in early April as coronavirus layoffs swell to nearly 17 million
From Marketwatch The coronavirus has turned life upside down in the blink of an eye. Just a month ago, new claims were in the low 200,000s and sat near a half-century low. Already, the ranks of the unemployed appear to have exceeded the prior record of 15.3 million...
News Roundup 4/9/20
US News Bernie Sanders drops out of the presidential race. [Link] Los Angeles requires people to wear masks when shopping. [Link] The US will seize all personal protective equipment that someone attempts to export. [Link] Hospitals are accusing the federal government...
Judge: Cops and DAs Can Break Any Law They Feel Like, What Are You Gonna Do About It? That’s What I Thought.
There is no such thing as the "rule of law." There are just corrupt men like the low-life scumbag in a black dress who goes by the name of Alan Albright, though you are to address him as "Your Honor," on pain of imprisonment.
Global Government Debt Has Soared To A Record $2.1 Trillion in March
From Reuters Now they are increasing spending, but what happens when tax revenues fall off the cliff because people aren't working? A debt jubilee, inflate the debt away, debt restructuring, or deficits don't matter MMT - what will they do? The latest surge in...
News Roundup 4/8/20
US News DHS announces the implementation of the REAL ID Act will be delayed by a year to October 2021. [Link] The Acting Secretary of the Navy Thomas Modly resigns. Modly fired the captain of the USS T Roosevelt last week. Then, Modly addressed the ship slamming its...
How the CARES Act Will Delay Economic Recovery
The economic fallout of the government’s shutdown in response to the coronavirus pandemic has been unprecedented. Nearly ten million people have filed for unemployment benefits in just two weeks. The 6.6 million claims from the last week of March doubled the previous...
Crisis Exposes Devastating Consequences of Fed Policy: Americans Have No Savings
Two weeks ago, during a March 17 address to the nation in response to the COVID-19 outbreak, President Donald Trump asked that Americans work from home, postpone unnecessary travel, and limit social gatherings to no more than 10 people. And last week, on March 27,...
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