I read “Biden Can Go Bigger and Not ‘Pay for It’ the Old Way” by Economics Professor and MMT advocate Stephanie Kelton. It is an important read that we need to understand. Stephanie Kelton hits the nail on the head. See full episodes here. Ironically Professor Kelton shared some concerns with former...
Treasury Department
Friendly reminder: retiring U.S. Senator Pat Toomey (R. PA) is still an asshole and will not be missed: Republican Sen. Pat Toomey of Pennsylvania on Thursday blocked a bill meant to bar private debt collectors from seizing checks issued as part of the recent stimulus bill. The law that Toomey...
The “Arctic is already under such threat from so many angles, and while production there is expensive, it is also very, very high risk. It requires absolutely the strongest levels of global oversight.” Phoebe Barnard, Professor at Washington’s Conservation Biology Institute Putin’s Russia made history today when the Christophe de Margerie, the enormous...
A majority of people polled want Trump convicted in the upcoming Senate impeachment trial, as pressure is being applied to GOP senators. A Republican group plans to run ads in the home states of nearly two dozen GOP senators during next week’s impeachment trial, pressuring them to vote to convict...
Taggan Goddard of Political Wire has an interesting theory about why Trump decided to veto the National Defense Appropriation Act (NDAA): Buried in its 4500+ pages is something called the Corporate Transparency Act (link is to the original stand-alone House version). According to Goddard (behind a paywall) this puts Trump...
“The hack is seen as so significant that a National Security Council meeting was held at the White House on Saturday over it, according to Reuters.” Because having at Commerce, a former head of a bank known for Russian money laundering in Cyprus and a Treasury head who approved lifting financial...
Former Fed Chair Janet Yellen will be nominated as Treasury Secretary. Remember that Trump though Mnuchin lifted some Russian sanctions during the Mueller investigation on one Russian oligarch in particular, affecting steel and aluminum tariffs. Then there was Mnuchin’s stonewalling during the impeachment. x https://t.co/drXVFNCBYs— Claudia Sahm GET MORE MONEY...
It moves… there will still be monkey business even as one good sign has been put into place: x Good evening, one and all. Please note that the FAA has restricted the airspace around Wilmington, Delaware, also known as the location of @JoeBiden. You know, similar to how they restrict the air...
Prior to this reporting, very few SARs had ever been revealed. The FinCEN Files encompass more than 2,100. Will there be folks taking the easy way out after these revelations, but more importantly, will this have an effect on future prosecutions that might even involve Trump and his minions, because...
So the guy who says nearly any kind of malarkey accuses his opposition of “massive disinformation”. Firehose of gaslight projected on an entire nation. x #SundayThoughts: The word “trumpery” appeared in the 15th century with the meanings “deceit” or “fraud”. 100 years later, it was being applied to objects of...
Good news for the Arctic, and the entire planet, as Deutsche Bank announced that they were ending financing fossil fuel projects at the tar sands in Alberta, and projects of fossil fuel extraction in the Arctic. Burning the filthy dirty tar sands for energy is far worse than crude oil. The...
Received this e-mail from former Vice President Joe Biden’s presidential campaign: Make no mistake: America has been knocked down. The unemployment rate is higher than it was in the Great Recession. Millions have lost jobs, hours, pay, health care, or the small business they started, through no fault of their...
So you’ve no doubt seen this explosive New York Times story about Donald Trump’s treachery, fecklessness, and sickening lack of patriotism. If not, here’s the gist: American intelligence officials have concluded that a Russian military intelligence unit secretly offered bounties to Taliban-linked militants for killing coalition forces in Afghanistan — including...
After he leaves office, Trump will try to stonewall a prosecution of him but eventually he will lie to prosecutors — he won’t be able to help himself. Adam Schiff says Trump faces “real prospect of jail time” after leaving office” (CNN) Poll of the week: A new Marquette Law School poll finds...
Kudos to Dan Desai Martin at The American independent for highlighting this: Sen. Martha McSally (R-AZ) did not attend a Senate hearing Tuesday on the federal government's coronavirus response so she could take a trip on Air Force One with Donald Trump. The Senate Banking Committee, of which McSally is...
Because it’s far more important to give Donald J. Trump credit for doling out cash than to stimulate a cratered economy ASAP, we get this execrable nonsense. The Washington Post: The Treasury Department has ordered President Trump’s name be printed on stimulus checks the Internal Revenue Service is rushing to send...
President Donald Trump is preparing to announce a second coronavirus task force solely focused on reopening the nation's economy, multiple sources told CNN. This now seems to be a trial balloon at present. Making Arthur Laffer the economic recovery Czar could signal the depth of the coming recession. OTOH dinner napkins will do double...
Like the President Trump’s Guidelines for America, Trump wants it to appear like he personally disbursed the US Treasury’s money to you. Because you will vote for his re-election as if you are grateful to Mango Mussolini. How absurd has this example of bad capitalist brand management become. x Normally, a...
This is the best news I’ve heard since the Trumpian coronavirus shitshow started. (Question for lexicographers: Is shitshow one word, two words, or hyphenated? I’m really going to need to know this going forward. I plan to use it a lot, and for some reason my AP Stylebook isn’t giving...
Jake Tapper: “It’s not all bad news”. There’s no way of knowing the false sense of security that Trump’s declaration created one month ago, that “15 cases will soon be zero”. The Trump goal remains reelection, if only to evade indictment, and the key is trying to resurrect the economy,...
Minority Leader Chuck Schumer went to the door and slammed Majority Leader Mitch McConnell for a corporate stimulus Republican bill and partisan screech. x x YouTube Video Politico reports the following. AsSenate Democrats went to the floor Sunday night to vote — the first time they’dbeen there in days —...
You all have heard by now that Moscow Mitch proved once again how immoral he is with his proposed fraud of a “fiscal stimilus” plan. We all knew this was coming because he locked Democrats out of any negotiations on his scheme to enrich corporations while a pandemic rages across...
Oh, look! It’s the actual president of the United States turning a worldwide pandemic into a personal grievance session! (Second tweet) x REPORTER: Will you commit that no money from the emergency stimulus bill will go to your own properties? TRUMP: “I have no idea what they're talking about. Everything...
“We are in the midst of a crisis where people are literally having to skip work and may miss paychecks or face medical debt” because of coronavirus, said Robert Hockett, a professor at Cornell University who has advised Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.) on economic policy. “The...
The cover-up continues as shenanigans abound. Jessie Liu is a PoC Republican, including service on the transition committee, but she might know too much about things like the Michael Flynn and Erik Prince prosecutions, as well as the Roger Stone case. x MORE: Per a source familiar, Liu was expecting to stay...
It’s bad enough that there are Democratic politicians who argue that large campaign contributions do not affect their policy prescriptions, but Zach Carter of Huffington Post points out an essential truth I have observed with regards to more than a few Democratic voters. They simply do not want to face...
Surprising that it’s not connected to the Shreks’ company, “Fraud Guarantee”, and yet sanctions got removed from related Russian companies. Individual-1 Trump obeys his masters, even if there are a lot of folks with similar names. Lavrov may have ordered Trump to *remove immediately* three Russian ‘companies’ connected with Evil...
DUI poster-child and WH Press Secretary Stephanie Grisham declared that the reason that Florida Man didn’t need an impeachment War Room was because he was one. So much disinformation to come and Steve Bannon is grifting from it. Kushner is more likely running the war room operation. Mr. Trump’s team has...
Is sanctioning Turkey a kind of virtue signaling or is the Trump administration prepping the ground to lift Russian sanctions? In case you forgot that there was a monstrous steel imports tariff on Turkey that Trump promptly rescinded, because it’s virtuous to double a tariff then reduce it by 50%...
Slowly we turn, step by step. x The other whistleblower: Trump taxes to be investigated by Treasury Department inspector general https://t.co/3xWC9FioQY— Raw Story (@RawStory) October 4, 2019 The inspector general of the United States Treasury Department said on Friday that it will review the handling of President Donald Trump’s taxes....
Moscow MItch is certainly covered in something dirty, but it ain’t coal dust from helping coal miners. From Erin Banco of The Daily Beast: Senate Majority Leader Mitch McConnell last month blocked a measure that would have used Treasury Department funds marked for Appalachian development to help pay for coal...
We’re already running huge deficits during flush times for the U.S. economy — contrary to common sense and the advice of every reputable economist on the planet — but that shouldn’t stop us from delivering even more windfalls for the super-rich! Right? That’s what Ted Cruz seems to think, anyway. ...
Well, so did Trump, of course, and he’s allegedly president. Apparently, Monica Crowley has a penchant for saying Barack Obama is secretly a Muslim. You know, the usual. Totally normal, folks. Totally, totally normal. CNN: Monica Crowley, who was appointed by Trump last week as assistant treasury secretary for public...
Oof. So much smoke — everywhere. Maybe Trump needs to rake his offices to prevent these wildfires from spreading. The New York Times: Anti-money laundering specialists at Deutsche Bank recommended in 2016 and 2017 that multiple transactions involving legal entities controlled by Donald J. Trump and his son-in-law, Jared Kushner, be...
In one sense, it’s actually a pretty good thing that I’m practically a “shut in.” Every night, from 6-8 pm PDT, my dance card is full. From 6-7 it’s the national treasure that is Rachel Maddow, and from 7-8, it’s Lawrence O’Donnell, the only one in cable news that can run...
The last we heard on the subject, the average American’s tax refund was off 8.7 percent from last year, and people thought that augured poorly for Republicans. Today, the news is even worse for the Grand Old Pity Party. According to the IRS, the average refund so far this tax...
obstinance – the trait of being difficult to handle or overcome. mulishness, obstinacy, stubbornness. intractability, intractableness – the trait of being hard to influence or control. 2. obstinance – resolute adherence to your own ideas or desires. The only thing that’s missing from the above description is a picture of The Pampers President...
Julia Davis, an expert on Russian propaganda and creator of the Russian Media Monitor, does yeoman’s work in keeping the Western world apprised of Russia’s sometimes shifting attitudes toward their addlepated puppet. Sometimes it looks like he might turn into Chucky, but lately he’s more like Mortimer Snerd with all the varnished stripped off...
Keep an eye on this. The US Senate is preparing to hold a vote on actually taking concrete action against the Kingdom of Saudi Arabia over Kreepy Kushners newest kash kow, Inglorious MBS, over the murder of journalist and permanent US resident Jamal Khashoggi. besides the importance of this country...
Mitch McConnell probably thought he was being very clever, waiting almost a full year after the passage of the Republican tax scam to blame the resultant budget hole on an 83-year-old program. Yes, the public has a short memory, but if the GOP succeeds in stripping them of their Social Security...
Campaign Action During the run-up to the passage of the “Republican Tax Cuts and Jobs Act” late last year, one technical paper from the Treasury Department’s Office of Tax Analysis suddenly went missing. Why “Distributing the Corporate Income Tax: Revised U.S. Treasury Methodology” alone among the office’s four-decade online archive of...