Geofence Surveillance: First, They Spied on Protesters. Then Churches. You’re Nextby
The Right to Be Let Alone: When the Government Wants to Know All Your Businessby
Biden Weaponizes Hate to Win Votesby
Sports Gambling: The Latest “Public Health” Crisisby
When the Government Thinks It Knows Bestby
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A Positive and Hopeful Sign in the Banking Crisisby
Throughout the time during which Silicon Valley Bank and Signature Bank were going under, U.S. officials were steadfastly assuring the American people that the U.S. banking system “remains sound and resilient.” The purpose of the assurances was to discourage people from withdrawing or transfering their deposits from smaller, regional banks. An article at CNN Business this past Saturday pointed out that ...
Are Supply Chains and Oil Shocks Driving Zimbabwe’s Inflation?by
According to an article in the New York Times, Federal Reserve Chairman Jerome Powell says that current rapid price growth in the economy is due to such factors as “snarled supply chains, an oil shock following Russia’s invasion of Ukraine, and a shift among American consumers from spending money on services like travel and dining out to goods like furniture.” In ...
Bailing Out Uninsured Deposits Encourages Bank Runsby
In the failure of Silicon Valley Bank and Signature Bank, U.S. officials decided to cover all the uninsured deposits in both banks — that is, deposits that exceeded the $250,000 insurance coverage of the FDIC. The belief was that failing to cover those uninsured deposits ran the risk that bank runs could spread to more banks. Covering those uninsured deposits was intended to ...
Let’s Not Forget the Pre-Invasion War Against Iraqby
The mainstream press and the Internet are filled with commentators who are expressing deep regret and remorse for having supported the U.S. invasion of Iraq in 2003. That’s a good sign. But we shouldn’t forget that the U.S. government was waging war against the Iraqi people for ten years prior to its deadly and destructive invasion and war of aggression in 2003. I’m ...