Written by William Kurtz
The Supreme Court sits at the very top of the governmental pyramid which controls our lives.
Of all of the massive deconstruction of the practical meaning of the Republicans' maintenance of majority control of the House of Representatives and of their gaining of majority control of the Senate, no comment that I have seen discusses the effect of that control over the everyday life of every American citizen.
Written by Frank Li
Hello from China!
In two previous posts, I highlighted China's domestic mega-infrastructure projects (The People's Republic of China at Age 65) and China's global trade (China's Global Trade). In this post, I will highlight China's international projects in four categories as follows:
November 4th, 2014
in Op Ed
by Lee Adler, Wall Street Examiner
UPDATE- The Fed renewed its Term Deposit facility a couple of weeks ago initially taking in $110 billion in 7 day deposits paying 26 basis points. That amount rose to $219 billion today from 69 banks.Since these payments reduce the surplus which the Fed returns to the US Treasury, the taxpayer bears the cost of the program. The US taxpayer is now on the hook for a direct subsidy to the banks on excess cash which the Fed handed them for nothing in the first place. This is an outrage. Below are the post and video I originally wrote and produced on this on June 20, 2014.
by John West, Asian Century Institute
The Chinese economy is caught between a rock and a hard place. Extricating itself from this predicament will not be easy.
Since the Lehman shock of 2008, China's economic growth has seemed very impressive, especially when compared with the sluggish Western economies. Growth was around 10% from 2009 to 2011. It has since slipped down to the 7-8% range, and will likely be around 7% over the next year or so. This is consistent with economic maturation, and appears a more sustainable.