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US Employment Stalls as Trillion-Dollar Deficits Mount – Ryan McMaken (07/20/2020)
New tax revenue data released by the Treasury Department on Monday shows that tax revenue further worsened in June (compared year over year) from...
Twitter hack exposes broader threat to democracy and society – Laura...
Laura DeNardis, American University School of Communication In case 2020 wasn’t dystopian enough, hackers on July 15 hijacked the Twitter accounts of former President Barack...
‘The Science Should Not Stand in the Way’ of Reopening US...
President Donald Trump's White House press secretary Kayleigh McEnany raised eyebrows Thursday after claiming stating that scientific data "should not stand in the way...
You Are Now Leaving FantasyLand: The Losses Will Be Taken By...
As the inverted pyramid collapses, the effects will be non-linear. Round about late March, we entered a Financial FantasyLand in which all the sins and...
The Fed’s Liquidity Confusion – Thomas L. Hogan (07/17/2020)
The most essential function of the Federal Reserve is to provide money, or liquidity, to the financial system. The Fed is responsible for ensuring...
Why Kanye (and a Bunch of Billionaires) Got Those PPP Loans...
It was only a matter of time until the Treasury released the list of recipients of the Paycheck Protection Program (PPP). The nearly $700 billion...
