Politics & Government

Chinese Central Bank tries to Alleviate Major Credit Problems

In an innocuous release from the Chinese Central Bank several days ago, it is apparent that the mounting credit crisis is getting the attention of the Chinese government. The Peoples’ Bank of China (PBOC) is attempting to tweak its monetary strategy regarding the management of its reserve requirements. Facing the pressure of a slowdown in the Chinese economy and dissatisfaction ...

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Trump Expected to Ban Chinese Telecom Equipment

President Trump is expected to sign an executive order banning Chinese equipment from US wireless networks. The decision, which comes ahead of a key industry conference later this month, sends a clear signal that US officials are prioritizing cybersecurity amid the global rollout of 5G infrastructure. The directive “could further roil the Trump Administration’s already tense relationship with Beijing, especially ...

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The Hypocrisy of Socialists and Taxes

I’m not sure if freshman Rep. Alexandria Ocasio-Cortez (AOC) was around during the Reagan era and the economic notion of supply-side economics, but I’m pretty sure her partner in crime against capitalism, Elizabeth Warren was. I don’t know what either of these women studied in school, but I can assure you it was not economics. Who is Elizabeth Warren to ...

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HORIST: Trump’s speech is all about credibility

As a person who has been evaluating and working on politicians’ credibility for more than a generation – and teaches a course on that subject – I know that it is not what a person says, but who says it. President Trump’s State of the Union Speech is a prime example of the problem. If you were to read or ...

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Trump vs. Davos and Economic Globalization

One wonders what the 2019 World Economic Forum in Davos, Switzerland will be like without the presence of the United States. Also by the way, it looks as if Vladimir Putin may be a no-show, and the world’s second largest player, China, has sent as surrogate Vice President Wang Qishan. Yes, there will be important players there, such as Angela ...

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Government Shutdown – We Warned You This Could Happen

The continuing saga, who will win?

As the partial government shutdown continues, those of you who are relying on funding backed by the SBA have been put on hold. The Small Business Administration stopped processing new loans on Dec. 22.  Thousands of companies can’t get their SBA loans approved, meaning they can’t get money they need to start or expand their companies. President Trump notes that there ...

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The weaponizing of fact-checking

For most of American history, it has been the role of the news media to report on the five classic questions – who, what, when, where and how. Opinion – and they all have them – was left to the editorial department and named columnists … period. And even among editorial writers and columnists, it was expected that various opinions ...

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The Move to the One-World Euro Turns Twenty

Depending upon which side of the coin you are on, the euro has either been the best thing to happen to Europe since the end of the Ottoman Empire or the worst thing since the great pandemic of the bubonic plague. Let us overlook for a moment the loss of fiscal sovereignty of some 19 nations and the gain of ...

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