Politics & Government

Trump Plays Nice With Chinese President

President Trump’s 12-day Asian tour landed him in Beijing this week, where he discussed trade and North Korea with Chinese President Xi Jinping. Trump has long sought to minimize the trade imbalance between the US and China. During his presidential campaign, Trump accused Beijing of “raping” the US and threatened to label China a “currency manipulator.” That vitriol has since ...

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Trumps Picks Jerome Powell to Take Over as Fed Chairman

On Thursday, President Donald Trump announced that he has selected Republican Jerome Powell as the Federal Reserve Chairman. Powell, if confirmed, will officially take on the powerful position once the current Chair Janet Yellen’s term ends in February of next year. Powell has had leadership roles in both the George W. Bush and Barack Obama administration and was appointed to ...

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Is Mark Zuckerberg Eyeing the White House?

There is increasing speculation that Facebook CEO Mark Zuckerberg, 33, is thinking about running for president. He hasn’t made any announcements, but the signs are certainly there. Zuckerberg recently hired Joel Benenson to work as a consultant for the Chan Zuckerberg Initiative (CZI), the philanthropic project he founded with his wife in 2015. Benenson’s past jobs include: • Democratic pollster • ...

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The Politics of Inflation

“Bankers Uneasy on Inflation” was the Wall St. Journal’s above the fold headline on Monday October 16, 2017 in its story summarizing recently concluded meetings of the International Monetary Fund and the World Bank in Washington D.C.  Wages and consumer prices in the US remain stubbornly stagnant after close to a decade now of aggressively low interest rates ostensibly intended ...

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Chinese Propaganda Movies Losing their Impact

Two propaganda films that were released in China this month did not foster the reactions that the Chinese Government had hoped for. Instead of inspiring Chinese pride and nationalism, one of the films, “The Founding of an Army” was mocked especially by the younger generation it was targeting. The film featured popular teen idols as revolutionary leaders. Hung Huang, a ...

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Top Candidates For Federal Reserve Chair Position And Their Views

President Trump is weighing his options for appointing a new Federal Reserve Chairman and this could be one of the most important appointments that he makes in his first year or his first term possibly. The Fed Chair is seen as the main policy maker when it comes to monetary issues. The way the Fed sways the economic environment is ...

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Senate Passes $4 Trillion Budget Plan

Senate Republicans passed a $4 trillion budget resolution Thursday night after a so-called “vote-a-rama” where amendments are considered in quick succession. The vote was 51-49, with Kentucky Senator Rand Paul the only Republican to vote against the plan. “Tonight we completed the first step toward replacing our broken tax code by passing a comprehensive, fiscally responsible budget that will help ...

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Which Companies and Industries Will Suffer If NAFTA Is Terminated

The North American Free Trade Agreement was signed between Canada, Mexico and the United States in 1994. The agreement was designed to eliminate almost all trade barriers between the three countries. For the most part, it has had its desired effect with trade between the three increasing significantly. For the United States, Canada is the leading country for American exports ...

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Trump Expected to Roll Back Obamacare Regulations by Exec Order

The Wall Street Journal has reported that the Trump administration is about to take another step to reform America’s healthcare system. President Donald Trump is expected to sign an executive order that will roll back some of Obama’s former healthcare rules in an effort to make plans more affordable. “The order is aimed at expanding insurance options for Americans who buy ...

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A Canary in the Underfunded Pension Coal Mine

In its purest form, hydrocarbon natural gas is composed primarily of methane, which is odorless and colorless. “Coal seam” natural gas is a natural byproduct of coal deposits. As recently as the 1980’s, coal miners would often bring canaries with them into the mines because canaries were known to be far more sensitive to air quality than humans. If the ...

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