The European Union slapped a record 2.42 billion-euro ($2.72 billion) fine on internet giant Google on Tuesday for taking advantage of its dominance in online searches to direct customers to its own online shopping business. European regulators gave the company based in Mountain View, California, 90 days to stop or face more fines of up […]
Party On! Congressional Democrats Pile Onto Another Bogus Emoluments Clause Lawsuit…
The New York Times reports that nearly 200 congressional Democrats sued Trump in federal court today, arguing that he accepted funds from foreign governments and thereby contravened the (foreign) emoluments clause of the U.S Constitution, as reported in Democrats in Congress Sue Trump Over Foreign Business Dealings. Democrats continue to pursue a line of similarly […]
U.S. Declines to Affirm International Commitment to Addressing Climate Change…
The Trump administration declined to sign a joint international statement over the weekend that would have reaffirmed the United States’ commitment to addressing global climate change. “We the United States do not join those sections of the communiqué on climate and MDBs [Multilateral Development Banks], reflecting our recent announcement to withdraw and immediately cease implementation […]
Trey Gowdy to Lead House Oversight Committee…
South Carolina Rep. Trey Gowdy was appointed as the new chairman of the House Oversight and Government Reform Committee Tuesday afternoon. Gowdy, R-S.C., was picked by the House Republican Steering Committee as the next chairman of the committee last week and the House ratified that decision Tuesday by accepting a Republican resolution making the change. […]
GOP Makes Bogus Case for Bank Deregulation as Senate Certain to Curtail House Dodd Frank “Reform”…
We’ve argued from the crisis onward that the limited re-regulation of banking that took place was inadequate. But the Republicans are whinging that banks nevertheless are being treated badly despite a lack of evidence behind virtually all of their claims. The effort to give already-overly-coddled banks an even better deal is lumbering forward. The House […]
The Slow-Motion Assassination of President Trump by Unhinged Liberal Media…
Unhinged Liberal Media Reach Peak Meltdown Over Comey ‘Hope’ Memo…
Thanks to the Incessant, Unhinged Russian/Trump Fear Porn/Fake News Dow Plunges 372 Points…
The wolves are circling, and members of Congress from both political parties are now openly talking about impeaching President Trump. On Wednesday, speculation of a looming Trump impeachment sent stocks plunging. The Dow was down 372 points, and the S&P 500 and the Nasdaq both experienced their largest declines in eight months. This downturn was […]
NYT Chides Obama Ever So Gently for Betraying His Own Words…
The editorial board of The New York Times published a piece Monday under the headline, “The Cost of Barack Obama’s Speech.” The piece discusses the $400,000 price tag on the former president’s scheduled speaking engagement on Wall Street. Beginning with a quote by Obama himself on how fundraising disconnected him from the people he began […]
Obama the Hamiltonian by Matt Stoller…
When former President Barack Obama decided to take $400,000 from a Wall Street investment bank for the first paid speech of his post-presidential career, he accelerated an important debate within the political establishment. As a policy leader, Obama’s Presidency was largely defined by the financial crisis. The government’s response, organized first by Bush and then […]
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