Scott talks to David Stockman about the fate of the economy after the coronavirus-induced shutdown and the multi-trillion dollar bailouts being undertaken by the U.S. government. Stockman is much more concerned about the economic ramifications than about the virus...
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3/20/20 Mike Swanson on the Coming Recession
Mike Swanson offers his take on the current virus-induced stock market downturn. What has surprised him most so far is the fact that assets are down across the board, unlike previous recessions, which might see a decline in stocks offset by a jump in precious metals....
3/20/20 Scott Paul on Yemen’s Ongoing Humanitarian Crisis
Scott Paul discusses the looming cholera outbreak in Yemen as the country prepares for yet another rainy season. Thanks to U.S.-backed Saudi bombing of critical infrastructure, the people of Yemen lack the tools to fight cholera: basic nutrition and clean water. Paul...
Like Freedom? Then You Won’t Like the FREEDOM Act
Last Monday, a bipartisan group of Senators and a coalition including libertarian and progressive activists thwarted a scheme to ram through the Senate legislation renewing three provisions of the USA FREEDOM Act (previously known as the USA PATRIOT Act). The bill had...
The Fed’s Massive Injection of ‘Liquidity’ Also Benefits Uncle Sam
There’s a lot to be said regarding the Fed’s surprise announcements—including its Sunday surprise of $700 billion in renewed QE and the complete elimination of all reserve requirements for banks—but here let me just focus on one element: the tendency for Fed officials...
News Roundup 3/24/20
Assange Julian Assange's lawyers apply for bail because of the risk to Assange’s health posed by the coronavirus. [Link] Afghanistan Secretary of State Pompeo met with the two men claiming to be the president of Afghanistan to try to negotiate a settlement. The...
3/20/20 Philip Weiss on Israel’s Uncertain Political Future
Scott talks to Philip Weiss about the latest in Israeli politics, where Benjamin Netanyahu still has neither been removed from power in a decisive election, nor tried for his corruption charges. His main opponent, Benny Gantz, may now be offered the chance to form a...
3/20/20 Tim Shorrock on Getting Along with North Korea
Tim Shorrock shares what might be a positive side to the global coronavirus outbreak: a chance for the U.S. government to relax sanctions on Iran and North Korea. Shorrock thinks it would be easy for President Trump to announce that these sanctions will no longer be...
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