Commerce Secretary Wilbur “Wolverine” Ross put the trade world on notice today when he announced a staggering $1.19 billion penalty on Chinese company ZTE for violating U.S. sanctions and selling electronics to Iran and North Korea. China’s ZTE has agreed to pay the United States the fine. Remember, in China all private businesses are politically […]
For Every Living-Wage Job, There Are Seven People Looking for Work…
Living-wage jobs are scarce in the United States. The People’s Action Institute (PAI), a national organization with the goal of achieving economic, racial, gender and climate justice, just released a study that reinforces the profound need for jobs that pay a wage people can live on. A PAI news release states…
Treasury Secretary Mnuchin on Economic Growth, Tax Policy…
Treasury Secretary Mnuchin covers budget, budgetary priorities, regulatory reform, tax simplification, middle class tax cuts, financial reform, the federal reserve and a ton more. Well worth your time to watch…
Trump Meets with Healthcare CEO’s (VIDEO)…
Today President Donald Trump met with healthcare executives in advance of a repeal and replacement process ongoing for ObamaCare. It is anticipated that President Trump will outline some of the healthcare measures in his upcoming speech tomorrow night to a joint session of congress.
Monopolies Are Worse Than We Thought…
Economists are increasingly turning their attention to the problem of monopoly. This doesn’t mean literal monopoly, like when one utility company provides all the power in a city. It refers to market concentration in general — when an industry goes from having 20 players to having only 10, or when the four biggest companies in […]
The Challenge To Trump’s Executive Order Limiting Visas is Motivated by “The Money”… Trillions of It…
Byron York has done some yeomans work analyzing the angles within the Trump executive order and temporary Visas suspension. York’s most recent outline on the monetary influence behind Washington State’s financial interest is directly on target. 1) To ensure an uninterrupted supply of relatively low-wage H-1B foreign workers for Microsoft and other state businesses; 2) […]
Just Can’t Make This Stuff Up – Italy and EU Strike Deal to Pay Libya To Keep Migrants in North Africa…
You really must reflect upon this recent media release to fully grasp the scope of the exhibited EU sanctimony. There’s a level of intellectual dishonesty that increases in direct proportion to the scale of Hypocrisy (X Axis) and Liberalism (Y Axis), that is to say “it becomes exponential”…
U.K. Parliament Votes 498-114…
When Their Shifts End, Uber Drivers Set Up Camp in Parking Lots Across the U.S….
The vast majority of Uber’s full-time drivers return home to their beds at the end of a day’s work. But all over the country, there are many who don’t. These drivers live near, but not in, expensive cities where they can tap higher fares, ferrying wealthier, white-collar workers to their jobs and out to dinner—but […]
Obama Exit Interview — I Coulda Been a Contender…
There is a widely discussed interview between President Obama and David Axelrod being discussed today where Obama claims his legacy would have reelected him, if only… etc. However, the single least discussed aspect to the interview content itself is the reemergence of a truism no-one ever pays attention to…