“The aid will be facilitated by the Commodity Credit Corp, an agency set up during the Great Depression, and will not require congressional approval.”
“The states’ methods can be aggressive: Issuing subpoenas to pore through credit card statements, bank transactions or phone records to track a taxpayer’s location, and sending auditors to interview doormen or confirm doctors’ appointments.”
“The stark contrast of failure and success is an increasingly familiar sight in the Saudi capital as the 86-year-old kingdom undergoes the biggest upheaval in its modern history to adopt a Western-style model of capitalism. Since the government trimmed subsidies and costs rose, the survival of businesses is being determined by different market forces.”
“The current draft omits a clause in the 1976 constitution on the ultimate aim of building a ‘communist society’, instead simply focusing on socialism. ‘This does not mean we are renouncing our ideas,’ Esteban Lazo, president of the National Assembly, was quoted as saying by state-run media. Cuba had simply moved into a different era following the fall of the Soviet Union, he added.”
“The IMF also expects the Venezuelan economy to contract 15% this year, leading to a cumulative GDP decline since 2013 of 50%. Venezuela’s collapse, while contained, is so profound it is now holding back the rebound of the entire region: while Latin America is expected to grow 1.9% this year, the number would be 2.5% without Venezuela according to Bloomberg.”
“People depending on a pension not only likely won’t get the money owed to them in the future… but they’ll also get stuck paying more into the system today. It’s a true lose/lose.”
“A Reuters analysis of U.S. household data shows that the bottom 60 percent of income-earners have accounted for most of the rise in spending over the past two years even as the their finances worsened – a break with a decades-old trend where the top 40 percent had primarily fueled consumption growth.”
A lot of people are pushing for Congress to mandate conceal carry reciprocity. It may sound like a great idea, but there are some serious constitutional issues. In this episode of Thoughts from Maharrey Head, I focus specifically on the idea that the “full faith and credit” clause authorizes Congress to pass such a law.…