Imagine the entire population of Peoria, Illinois’ seventh-largest city, all picking up and moving across state lines in one year, never to work, pay taxes or create jobs in Illinois again. That’s equivalent to what happened to Illinois over the past year...
Being on the hook is not going to be pretty when interest rates are raised back up, and debts come due. At a personal level, it will mean more stress and juggling to make ends meet. For the larger economy, it will mean cities and states unable to meet obligations or balance their budgets – ending in bankruptcy, and bailouts. Meanwhile, millions of people are relying on that money to keep coming in order to survive. Something is going to go very wrong.
The Michigan Republican Party filed emergency motions with the U.S. 6th Circuit Court of Appeals early on Tuesday, seeking a stay of a federal judge's order that started a statewide presidential recount in Michigan on Monday, even as another potentially "dealbreaking" snag has emerged to Jill Stein's recount effort.
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.
"There are fears he is having a nervous breakdown. He’s surrounded by all these crazy people, but there’s nobody he listens to or who can rein him in. He’s a mad genius, and he’s spiraling further and further out of control."
Shortly after a haggard-looking Hillary Clinton made her first public appearance since the election, Jesse Jackson called for President Obama to issue a blanket pardon to Hillary Clinton before he leaves office, just like Ford did for Richard Nixon.