In this episode of Thoughts from Maharrey Head, I explain that the United States aren’t “one nation,” that the Pledge of Allegiance is not an authoritative statement of American founding principles and why it matters. I created a firestorm when I published an article taking Hillary Clinton to task for perpetuating the America as “one…
"When the European Central Bank introduced a negative interest rate on lenders’ deposits two years ago, few thought things would ever go this far. This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee — population 5,767 — said it’ll start charging retail customers to hold their cash. From September, for savings in excess of 100,000 euros (US$111,710), the community’s Raiffeisen bank will take back 0.4 per cent. Introducing the sub-zero policy in June 2014 with a cut to the deposit rate to minus 0.1 per cent, ECB President Mario Draghi said the move was 'for the banks, not for the people.'" Continue reading →
"When the European Central Bank introduced a negative interest rate on lenders’ deposits two years ago, few thought things would ever go this far. This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee — population 5,767 — said it’ll start charging retail customers to hold their cash. From September, for savings in excess of 100,000 euros (US$111,710), the community’s Raiffeisen bank will take back 0.4 per cent. Introducing the sub-zero policy in June 2014 with a cut to the deposit rate to minus 0.1 per cent, ECB President Mario Draghi said the move was 'for the banks, not for the people.'" Continue reading →
"When the European Central Bank introduced a negative interest rate on lenders’ deposits two years ago, few thought things would ever go this far. This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee — population 5,767 — said it’ll start charging retail customers to hold their cash. From September, for savings in excess of 100,000 euros (US$111,710), the community’s Raiffeisen bank will take back 0.4 per cent. Introducing the sub-zero policy in June 2014 with a cut to the deposit rate to minus 0.1 per cent, ECB President Mario Draghi said the move was 'for the banks, not for the people.'" Continue reading →
"When the European Central Bank introduced a negative interest rate on lenders’ deposits two years ago, few thought things would ever go this far. This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee — population 5,767 — said it’ll start charging retail customers to hold their cash. From September, for savings in excess of 100,000 euros (US$111,710), the community’s Raiffeisen bank will take back 0.4 per cent. Introducing the sub-zero policy in June 2014 with a cut to the deposit rate to minus 0.1 per cent, ECB President Mario Draghi said the move was 'for the banks, not for the people.'" Continue reading →
"When the European Central Bank introduced a negative interest rate on lenders’ deposits two years ago, few thought things would ever go this far. This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee — population 5,767 — said it’ll start charging retail customers to hold their cash. From September, for savings in excess of 100,000 euros (US$111,710), the community’s Raiffeisen bank will take back 0.4 per cent. Introducing the sub-zero policy in June 2014 with a cut to the deposit rate to minus 0.1 per cent, ECB President Mario Draghi said the move was 'for the banks, not for the people.'" Continue reading →
Today, you have all kinds of original sources just a mouse-click away. You can read the ratification debates. You have the Federalist Papers in support of the Constitution. You have essays written by opponents. With just a little effort, you can get a very clear understanding of the Constitution - right from the source.
"For investors with $12 trillion of negative-rate bonds worldwide, U.S. junk securities and their 6.9 percent average yield look like a gold mine. But with so many investors streaming into the market, the debt is now yielding almost 3 percentage points less than the average of the past two decades, Bank of America Merrill Lynch index data show. And they’re buying it up at the same time that junk-rated borrowers default at the fastest pace in six years." Continue reading →
There has been a lot of talk of late about how damaging a Hillary Clinton Supreme Court nominee would be for the 2nd Amendment – with many going so far as to say that things “would be over.” Clearly, she hates your right to keep and bear arms, and whether it’s her, or someone in…
MONTGOMERY, Ala. (Aug. 11, 2016) – The Alabama State House and Senate leadership soundly rejected the principles of the Founding Fathers during the 2016 legislative session. They protected the status quo by killing six bills that would have helped block the enforcement of unconstitutional policies. To make matters worse, several of the legislative acts did not even…