Oppose Graham Platner for His Socialism, Not Just His Outrageous Behavior

Thanks in large part to the erratic and often-destructive policies coming from Donald Trump’s White House, the Democrats are favored to win both houses of Congress, as they hope to flip several Republican-held seats in the House and the Senate. One of the most closely-watched races is the Senate campaign in Maine, where upstart Democrat Graham Platner is favored to end Sen. Susan Collins’s long political career.

The Fed Holds the Interest Rate Steady, and Warsh Buys Time with New “Task Force” Scheme

The Federal Reserve’s Federal Open Market Committee Today announced that it will keep its target policy interest rate at 3.75 percent. The FOMC has held to this target now for seven months, but has reduced the target rate by 175 basis points since August 2024. The committee’s statement, released this afternoon, is considerably shorter than those released by former chairman Jerome Powell, coming in at only 125 words. The statement reads: 

Bond Market Sell Off: Welcome to the “Titanic Effect”

On April 14, 1912, at 11:40 pm, the Titanic—the legendary passenger ship regarded as unsinkable—tore open its hull on an iceberg during its maiden voyage from Southampton to New York. The watertight compartments filled with water, and—just 2 hours and 40 minutes later—the ship sank in the icy waters of the North Atlantic. Approximately 1,517 people lost their lives—not least because the Titanic did not carry enough lifeboats and the crew failed to summon help by radio in time.