Trump, in reference to strong suggestions that he invoke the Defense Production Act in order to requisition the production of medical masks, respirators, and other medical equipment for the COVID-19, stated that he didn’t want to go down that path
Continue reading…Partial Nationalization of Private Sector Firms: Why Not?
In response to COVID-19, The Federal Reserve (FED) has quickly flooded the capital markets with $1.5 trillion in short term funding; it has committed to an additional $700 billion in purchases of longer dated securities. This latter action is open
Continue reading…“Funding” the Federal Response to COVID-19 is not the Issue: Inflation is the Issue
The U.S. oil industry is lobbying the Trump Administration to pressure the Saudis to cut oil production in order to raise the price of oil. That’s right, raise the price of oil. In case you have not been following events
Bernie Sanders’ comments on literacy improvements in Cuba under Castro will continue to be a campaign issue. With this in mind, we should be clear in our minds about the Cuban experience. When Castro came to power after the successful
Continue reading…Bernie Sanders’ Comments on Literacy under Castro in Cuba