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Years of deficit spending has made monetary policy a slave to fiscal policy. The federal government is moving into the final stages of its fiscal life. Deficits have gotten so enormous that the Federal Reserve simply prints the money the government needs. Why? Because that’s the only option left on the table. For years, we …
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There has been mixed feedback about ESPN’s “The Last Dance” documentary about NBA icon Michael Jordan and the ‘90s Chicago Bulls, including from Jordan’s former teammates Horace Grant and Scottie Pippen, who were apparently unhappy with how they were portrayed. Dennis Rodman, on the other hand, wasn’t having it with any of his former teammates’ …
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The Justice Department announced Thursday that a former Pennsylvania election official was convicted of accepting $2,500 in bribes to stuff ballots for three Democratic candidates for Common Pleas Court judge in Philadelphia. Domenick J. Demuro pled guilty in March to the charges in a filing that was unsealed Thursday, the DOJ said. He admitted to …
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Between us, if I were the commissioner of the NFL and I suspected that a team was practicing institutionalized racism in hiring team executives and coaches, I’d see to it, and pronto, that it end, serious consequences to follow. But that’s not how Roger Goodell operates. He prefers to perform as the pandering Great White …
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Dakota Johnson opened up about how she has been coping with her depression while in isolation during the coronavirus pandemic. “You are at home, you’re not with your friends, you’re not with your family, you are not able to do the things that make you feel worthwhile,” Johnson, 30, recently told Extra. “You’re kind of …
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Actor Hagen Mills mistakenly believed he’d shot his former girlfriend dead before taking his own life in an ambush at her Kentucky home, according to his ex’s mother. Mills — who has appeared in FX’s “Baskets” — shot his ex-girlfriend, Erica Price, at her Mayfield home Tuesday after begging her to get back together, her …
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The global entertainment industry will take a $160 billion hit over the next five years as it slowly recovers from the coronavirus pandemic, according to a new report. The outbreak has already whacked Hollywood studios, which have been forced to delay the release of top grossing franchises and suspend productions of summer blockbusters under shelter-in-place …
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Google says it will no longer build custom artificial intelligence tools for speeding up oil and gas extraction, separating itself from cloud computing rivals Microsoft and Amazon. A statement from the company Tuesday followed a Greenpeace report that documents how the three tech giants are using AI and computing power to help oil companies find …
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Netflix has started to terminate accounts that people haven’t used the service for a year or more. The company announced that it is notifying customers who haven’t watched anything for 12 months since they subscribed whether they want to keep their membership. Netflix also is reaching out to those who haven’t streamed anything in the …
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Representative John Ratcliffe (R., Texas) was confirmed as national intelligence director by the Senate on Thursday, securing President Trump’s preferred pick for the position despite Democrat protests. The Senate voted by party lines to confirm Ratcliffe, 49-44 — the most votes against the confirmation of any DNI in the 15-year history of the office. The …
Years of deficit spending has made monetary policy a slave to fiscal policy. The federal government is moving into the final stages of its fiscal life. Deficits have gotten so enormous that the Federal Reserve simply prints the money the government needs. Why? Because that’s the only option left on the table. For years, we …
