A very large percentage of the American public (including myself), remain irate at the complete lack of any justice served with regard to finance criminals in the aftermath of the economic collapse of 2008/09. When it comes to greedy, unethical behavior in the wake of that tragic period, Steve Mnuchin is in a class of his own. To appoint such a toxic financial oligarch to Treasury Secretary is a serious slap in the face to all American citizens.
"Markets don’t have a purpose any more - they just reflect whatever central planners want them to. Why wouldn’t it lead to the biggest collapse? My strategy doesn’t require that I’m right about the likelihood of that scenario. Logic dictates to me that it’s inevitable..."
"Rapid home price appreciation and tepid wage growth have combined to erode home affordability during this housing recovery, and the recent uptick in mortgage rates only accelerated that trend in the fourth quarter,” said RealtyTrac's Daren Blomquist: "The prospect of further interest rate hikes in 2017 will likely cause further deterioration of home affordability next year."
A Reutersinvestigation this week uncovered nearly 3,000 different communities across the U.S. with lead levels higher than those found in Flint, Michigan, which has been the center of an ongoing water contamination crisis since 2014. The investigation found that many of the hot-spots are receiving little attention or funding.
The US northeast, and much of America, woke up to a brutal blast of frigid air sweeping across the United States, which has wreaked havoc on roads in Virginia and Maryland, leaving at least three dead in multi-vehicle wrecks Saturday.
The entire police department of Bunker Hill, Indiana decided to quit after alleging that Town Council members had asked them to "do illegal, unethical, and immoral things" like running background checks on other town councilors.
Trump picks conservative Oklahoma Attorney General Scott Pruitt to head up the EPA, a man who has “led the charge with repeated notices and subsequent lawsuits against the U.S. Environmental Protection Agency for their [sic] leadership’s activist agenda.”
There is over a month left until Trump's inauguration, and the President-elect's hard-hitting negotiating style may have scored yet another economic victory: according to a statement issued by Foxconn, the world's largest contract electronics manufacturer and a major Apple Inc supplier, the company said it was in preliminary discussions to expand its operations in the United States.