Because the cryptocurrency sytem requires no bank, and no government control it is truly disruptive and multiple agencies described by the authors are already trying to block it or control it.
When President Bill Clinton signed the Personal Responsibility and Work Opportunity Reconciliation Act into law in 1996, some Democrats and virtually all Republicans in Congress, led by then-Speaker Newt Gingrich (R-GA), predicted the law would lead to dramatic reductions in welfare. They were right.
“Businesses that sell to foreign markets put more people to work in high-quality jobs, offering more Americans the chance to earn a decent wage,” claimed the Obama administration’s Secretary of Commerce Penny Pritzker in a March 18 Wall Street Journal (WSJ) opinion piece.
The world is rapidly becoming urban. More than half the world’s 7-plus billion people live in urban areas (urban cores, suburbs and small towns). Nearly a quarter of the population lives in “cities” of a million or more. Eight percent reside in megacities — urban areas of at least 10 million. And that percentage rises with each new megacity
Everyone knows newly elected Gov. Gina Raimondo, a Democrat, has her hands full in Rhode Island. Only three states — California, Georgia, and Mississippi — have higher unemployment rates, and Illinois, Kentucky, Massachusetts, New York and South Carolina are the only states that have a higher debt-to-GDP ratio.
When the Republican-controlled Congress promoted welfare reform as one of its top priorities in 1995, opponents accused them of being unsympathetic to the plight of impoverished Americans and insisted the proposed policies would end up harming true reforms.
Expect the FCC’s new Open Internet Order’s assertion of Title II authority ultimately to be rejected in court (90%), because of its core illegal confiscatory purpose and its serial ends-justify-the-means trampling of due process.
The FCC’s Title II legal defense is a “modern” day version of “the Emperor has no clothes” fable, where the vain FCC confidently parades in public clothed in the legal fabric that utopian legal alchemists have convinced the FCC is invisible only to those who are “hopelessly stupid” or “unfit for their positions.” Sadly, this emperor (the FCC) has no clothes (sustainable legal case).
Talk about the Norfolk terrier tail wagging the Great Dane. If they are to have any hope of winning their party’s nomination, Republican presidential hopefuls better support ethanol mandates, Hawkeye State politicos told potential candidates at the recent Iowa Agricultural Summit in Des Moines.
On February 26th, the FCC executed President Obama’s call to “implement the strongest possible rules” to regulate the Internet as a telephone utility under “Title II” of the Telecommunications Act.
Legally, the result of this “reclassification” was for President Obama and the FCC to assert regulatory jurisdiction over the Internet ecosystem, creating a de facto American “Digital [Internet] Single Market” industrial policy, like the European Commission is in the process of creating for the European Union.
My grandparents were a part of the “greatest generation” and my parents’ generation ushered in the modern technological era, but it’s my generation—popularly referred to as the “Millennials”— that will bear the distinct mark of being the first group of Americans that never had to work, struggle, or strive to engage in any activities except those we personally enjoy.
Tucson, AZ. One of the biggest selling points for the Affordable Care Act (ACA or ObamaCare) was the promise that insurers couldn’t cancel your plan if you get sick. But if the U.S. Supreme Court, in King v. Burwell, holds premium subsidies to be illegal in Exchanges not established by States, the Administration will allow insurers to abrogate their contracts, says the Association of American Physicians and Surgeons.
We are (thank God) in the fourth quarter of the Barack Obama Administration. Our long national nightmare is more than three-quarters over.
That’s the good news. The bad news is – everyone in the Barack Obama Administration knows it too.
This waning Administration is in the pummel-the-private-sector business. And there is arguably no tentacle of the federal Leviathan better equipped to do it than the Environmental Protection Agency (EPA). After all – it’s the EPA’s sole reason for being.
We live in a time, as, indeed, mankind has lived already for along time, in which economic delusions, political demagoguery, and ideological deceptions abound due to the power lusting of those who wish to gain control of government to serve their own ends at others’ expense.
President Obama recently criticized the European Union for pursuing an antitrust case against Google over plans to establish a European Digital Single Market, and for its trade positions in the US-EU Transatlantic Trade and Investment Partnership.
The FCC’s Open Internet Order, which reclassified the commercial Internet as a Title II utility, is very likely (80%) in the end, to be overturned in court – for a third time.
The FCC’s legal theory and many core assumptions are so aggressive, it’s clear that the FCC expects, and needs, continual and maximal deference from the court to prevail. The FCC also requires the courts to view the FCC’s most aggressive assertion of unbounded authority ever, as a mere administrative interpretation of ambiguous law, and not a political bypass of Congress and the 1996 Telecom Act.
University of Michigan student Jesse Klein made headlines across the Internet on February 19 when her article insisting her parents are “middle class” despite having a combined annual income of $250,000 was covered by several major media outlets. Virtual sparks flew throughout the blogosphere, Twittersphere, and everywhere in between as debaters on both sides of the issue lined up to defend or denounce her allegedly controversial claim.
I was at the just concluded Conservative Political Action Conference (CPAC) on a panel entitled “The United States of Google: Big Data and Big Government.”
During which Scott Cleland and I examined amongst other things the seemingly endless Crony Socialist ties between all-everything mega-company Google and the Barack Obama Administration.
First, Saudi Arabia drove down the price of oil by increasing its production, which gave Americans a welcome drop in prices at the pump. Could the kingdom now be pushing them back up?
Prices at the pump have gone up nearly 40 cents a gallon from the January low—60 cents in California. Every year, at this time, refineries shut down to make adjustments from the “winter blend” to the “summer blend.
The traditional American corporation has been a fixture in the U.S. economy for generations. Corporations allow entrepreneurs to shield themselves from liability, spread ownership out to an unlimited number of shareholders, and more easily raise funds for large-scale business investments.