As we roll into the 2024 political season, you can rest assured the political right will be posturing more and more against China, while rightfully calling for an end to Ukraine aid. This trend was highlighted by a long line of recent Republican congressional and senatorial candidates (Joe Kent, Blake Masters, Matt Gaetz, Marjorie Taylor Greene, J.D. Vance, Mehmet Oz, etc).
Bannon, Guo, Yan: Where a Populist Right Idol Gets His Funding (archived)
Tag: Loans
US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs
The US Federal Reserve printed $300 billion in a week to save collapsing banks and bail out Silicon Valley oligarchs. 93% of Silicon Valley Bank’s deposits were uninsured, over the FDIC limit of $250,000, but the government still paid them. 56% of SVB’s loans went to venture capitalist and private equity firms.
US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs
Sanctioning China Will Destroy The Dollar | America’s Ultimate Mistake
If the United States and its allies impose sanctions on China, this could be the greatest financial mistake in all of modern history. Unlike Russia, China is more resilient and has deeper ties across the global economy. Punishing China will likely backfire against the dollar and unleash a de-dollarization wave that could knock it off the reserve status. Here’s what you must know!
Sanctioning China Will Destroy The Dollar | America’s Ultimate Mistake via Sean Foo
Related:
One Year After Russia Mega Sanctions, Senate Asks ‘Can We Do Same To China”
[2014] If Apple Were A Worker Cooperative, Each Employee Would Earn At Least $403K
Apple has 98,000 employees and earned $39.5 billion after tax over the past year. If Apple was a worker cooperative, then each employee would’ve received a $403,000 dividend on top of their salaries. Even the lowest paid worker would’ve earned at least $403,000 in Apple as worker cooperative.
If Apple Were A Worker Cooperative, Each Employee Would Earn At Least $403K
Congress at Odds Over How to Give Taiwan Military Aid
Some members of Congress are at odds over how to provide $10 billion in military aid for Taiwan that is included in the 2023 National Defense Authorization Act (NDAA). The funds are set to be disbursed over five years through the State Department’s Foreign Military Financing program.
Congress at Odds Over How to Give Taiwan Military Aid
Ethiopia Nears Victory in its Civil War, US Scrambles to Control the Outcome
War between Ethiopia and the TPLF may be coming to an end, but the US is using sanctions to have the final word despite the apparent defeat of its proxy.
Ethiopia Nears Victory in its Civil War, US Scrambles to Control the Outcome
Related:
US Treasury recommends exploring creation of a digital dollar
The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar. Administration officials say it’d help reinforce the U.S. role as a leader in the world financial system.
US Treasury recommends exploring creation of a digital dollar
H/T: PFYT2
Related:
A digital dollar would allow Americans to directly open up an account at the Fed
And while some have suggested that the Fed could potentially launch a digital dollar on a public network like Ethereum, Luther suspects that it would instead choose to launch on its own dedicated blockchain.
“A public blockchain would limit the government’s ability to control access and monitor transactions. I am not convinced it will give up control and oversight, even if doing so would be in the best interest of society.”
Fed’s Powell: a U.S. digital dollar could help maintain international primacy
The development of an official digital version of the U.S. dollar could help safeguard its global dominance as other countries issue their own, Fed Chair Jerome Powell said on Friday, weighing in with generally positive remarks on a hot-button topic at the central bank that has left policymakers divided.
…
Ten countries have already launched central bank digital currencies and another 105 countries are exploring the option, according to the Atlantic Council, leading to fears the dollar could lose some of its dominance to China.
Bill Gates Failed Effort to Feed Africa:Was he even trying to help in the first place?
Healthcare administration students in the United States have no choice but to learn about private vs public interests, and the power that private interests have in crafting the Nation’s healthcare policy. Essentials of Health Policy and Law is a fairly standard healthcare administration textbook that budding health policy experts are given to study in American universities. The text uses health policy decisions made in recent years by the Bill and Melinda Gates Foundation as an example of the way private interests control public health policy. According to the book, the Bill and Melinda Gates foundation “provides grants to develop crops that are high in essential vitamins and minerals to improve the nutrition of people in developing countries” (Wilensky, 2023). A very uncritical examination of the way investors like Gates use their wealth to make important decisions that affect millions.
Bill Gates Failed Effort to Feed Africa:Was he even trying to help in the first place?
Resources:
Gates-funded ‘green revolution’ in Africa has failed, critics say
Bill Gates: ‘We’re in a Worse Place Than I Expected’
Irish Potato Famine: How Belief In Overpopulation Leads To Human Evil
Serve the people: The eradication of extreme poverty in China.
The US Played Gorbachev for a Fool
How a tiny Pacific nation asserts its place between China and the US
By Timur Fomenko
The Solomon Islands has barred foreign navies from docking at its shores, showing it’s not willing to be anyone’s ‘backyard’
How a tiny Pacific nation asserts its place between China and the US
Ms. Cat’s Chronicles 
You must be logged in to post a comment.