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Media and CulturePolitical Theory
The recent firing of Tucker Carlson by Fox News has set off speculation as to why Fox pulled the trigger. It's no mystery, writes Michael Rectenwald.
Media and CulturePoliticsStrategyThe Police StateU.S. History
Today is the 30th anniversary of the Waco Massacre in which the media and the government self-congratulated each other in absolving the FBI of any crimes. Nothing has changed since then.
Big GovernmentThe Police StateWar and Foreign Policy
There is a concerted effort in the legacy press to paint a picture of Jack Teixeira as an antigovernment Trump-loving right-winger who is undeserving of whistleblower protections.
The FedMoney and BanksMoney and Banking
If the dollar does lose its position as the global reserve currency, it will be catastrophic for the American economy.
Even when currency is backed by gold, governments have many political reasons to pursue national, territorial currencies. Now there are hundreds of national currencies. It didn't have to be this way.
The FedMoney and BanksU.S. Economy
Despite all of the supposed safeguards to prevent bank failures, banks still fail. Perhaps the so-called safeguards are causing much of the trouble.
Bureaucracy and RegulationThe FedMoney and BanksU.S. Economy
While progressive lawmakers blame the current banking crisis on regulatory issues, the Fed's easy money policies have been the real problem.
Understanding what turns an ordinary currency into a global reserve currency can help us understand how the dollar could go into decline and give way to competing currencies.