Barack Obama is one of the biggest “Keynesians” of all time, but unfortunately most Americans don’t even understand what that means. By propping things up in the short-term, he has absolutely demolished our long-term economic future. But like most politicians, Obama has been willing to sacrifice the future for short-term political gain.
"Politicians picking and choosing recipients of corporate welfare is railed against by fiscal conservatives, for it’s a hallmark of corruption. And socialism. The Obama Administration dealt in it in spades.... When government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair, illogical precedent."
Ford CEO frames the "ask" for starting negotiations with Trump centered around less restrictive fuel economy standards, currency-manipulation rules that promote free and fair trade, tax reform and safety guidelines for autonomous vehicles.
Coming to America? A Kuwaiti online activist will spend 10 years in jail, an appeals court has ruled, for posting messages on Twitter that “insulted the emir” and “spreading false news” that endangered the country.
This general populist backlash that we’re seeing now isn’t new. It was born out of the 2008 financial crisis. Many are still coming out of that debt burden and harbor a sense of deep resentment and suspicion. Wall Street knew what was taking place then, but like today, the media didn’t paint a full picture for everyone. As a result people lost their homes, their jobs and their life savings. We deserve so much more than to be just entertained.
As all experience from the past clearly demonstrates, it is a mistake to believe that the gold price is set solely by dollar interest rates, or its relative strength in other currencies. This being the case, the current weakness of the gold price is simply a reflection of temporary dollar shortages, and nothing more.
Under the cover of battling “fake news,” the mainstream U.S. news media and officialdom are taking aim at journalistic skepticism when it is directed at the pronouncements of the U.S. government and its allies.
The House has passed H.R. 6393, a bill which calls for the government to target "Russian Propaganda" websites and "counter active measures by Russia to exert covert influence … carried out in coordination with political leaders or the security services of the Russian Federation"
Two months after paying $38 million to settle a silver price-fixing case, on Friday Deutsche Bank agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense.
Overnight, China foreign minister Wang Yi called Tsai's call with Trump "a little trick", or loosely translated in English as "gimmick", by Taiwan which would not change the one-China consensus in international community. He added that the "One-China" policy is the foundation for the healthy development of China’s relationship with the U.S.
Trump risks a major diplomatic scandal with China - before he has even been inaugurated - after speaking on the phone on Friday with Tsai Ying-wen, the president of Taiwan, which Beijing considers a renegade province.