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Senate gives law enforcement the OK to spy on your internet history

Senate gives law enforcement the OK to spy on your internet history

A heartbreaker of a vote just went down in the U.S. Senate with disturbing implications for online privacy. On Wednesday, the Senate failed to pass an amendment to parts of the Patriot Act that would explicitly prevent law enforcement from using it to justify collecting individuals’ internet browser and search history without … Continue reading Senate gives law enforcement the OK to spy on your internet history

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$2 Trillion Coronavirus Stimulus Nullifies “How Will You Pay for It?” Question

$2 Trillion Coronavirus Stimulus Nullifies “How Will You Pay for It?” Question

When all of this is behind us, to the extent that it ever can be, let’s not forget what we’ve learned: Congress knows how to spend money when it wants to. Will be helpful when it comes time to address climate change. Source: $2 Trillion Coronavirus Stimulus Nullifies “How Will You Pay … Continue reading $2 Trillion Coronavirus Stimulus Nullifies “How Will You Pay for It?” Question

Coronavirus pandemic: politicians, CEOs believe in MMT, Modern Monetary Theory

Coronavirus pandemic: politicians, CEOs believe in MMT, Modern Monetary Theory

The issue of “balancing the books” with taxes or via the issuance of debt is not only an afterthought — it is not even necessary. Our government holds a monopoly to “issue” the currency, it does not merely “use” it like the rest of us. An epochal shift in economic thinking that … Continue reading Coronavirus pandemic: politicians, CEOs believe in MMT, Modern Monetary Theory

Stephanie Kelton: Just Use ‘the Computer’ to Give People More Money

Stephanie Kelton: Just Use ‘the Computer’ to Give People More Money

Congress has all the firepower it needs. It just needs to send spending instructions to the Federal Reserve, as it always does. We can afford to keep the country whole, this article explains why. Source: Opinion | Stephanie Kelton: Just Use ‘the Computer’ to Give People More Money – The New York … Continue reading Stephanie Kelton: Just Use ‘the Computer’ to Give People More Money

Italian regions' responses to coronavirus show testing, distancing work - Business Insider

Italian regions’ responses to coronavirus show testing, distancing work – Business Insider

A region of Italy that took earlier and more aggressive measures to fight the coronavirus is now seeing fewer cases. One region, Veneto, tested everybody, even those with no symptoms, and the other region, Lombardy, only tested those with symptoms. The result is that Veneto is seeing a decrease in the spread … Continue reading Italian regions’ responses to coronavirus show testing, distancing work – Business Insider

Airlines are begging for a bailout, but they've used 96% of their cash on stock buybacks over the past 10 years. 

Airlines are begging for a bailout, but they’ve used 96% of their cash on stock buybacks over the past 10 years. 

The Trump administration has proposed $50 billion of emergency aid for airlines ravaged by widespread cancellations amid the coronavirus pandemic. But critics are deriding it as a bailout to an industry that made bad financial decisions. Resistance to the plan emerged among Democrats and even some Republicans. They’re concerned that extra money … Continue reading Airlines are begging for a bailout, but they’ve used 96% of their cash on stock buybacks over the past 10 years. 

Don’t look to the Fed for help on the coronavirus — Congress has the money and power - MarketWatch

Don’t look to the Fed for help on the coronavirus — Congress has the money and power – MarketWatch

The U.S. needs protection for households — that families are not foreclosed on or evicted, that they have income to weather the storm, that credit scores aren’t ruined, that kids are not denied school lunches. It’s not about lowering interest rates, it’s about making sure Americans who are living paycheck to paycheck … Continue reading Don’t look to the Fed for help on the coronavirus — Congress has the money and power – MarketWatch