A Fed-issued digital dollar could print money —
for the people
Posted By: MDConservative, 7/28/2021 12:27:05 PM
More and more informed observers are asking why, after 13+ years of the Federal Reserve’s increasingly aggressive monetary interventions, the benefits remain so skewed toward Wall Street over Main Street. The answer is simple: follow the money. Using its traditional tools, the Fed pumps money into the financial system, hoping it will make its way into the broader economy. But the Fed can’t control where the money goes or who financial institutions decide to lend to, and clearly, the primary beneficiaries have been investors and the ultra-rich.
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MDConservative"
Joe Zich doesn't have one secret to staying on a baseball diamond at age 81. He has several, and he'll tell you all about them.
It's the running two to three times a week, the stretching regimen, the tossing to a backstop two to three times a week with a rubber ball he bought from Dunham's Sports. He'll tell you all about the mechanics he uses on the mound, skills that have enabled him to keep pitching after all these years.
To reiterate: "Lefty Joe" pitches for his baseball team. This isn't slow-pitch softball.
Hours after a dominating performance, the Needville Little League All-Stars are now out of the Little League Southwest Regional tournament.
Little League International said on Friday morning that at least one Needville player and/or coach tested positive for COVID-19, and the team will not be allowed continue to participate in the tournament, according to a statement.
“Little League International has been informed of at least one positive COVID-19 test within multiple teams participating in the Little League Baseball Southwest Region Tournament. The teams impacted are the Mississippi State Champion, Oklahoma State Champion, and Texas East State Champion,” the statement read.
Two 18-year-old Namibian runners threw track and field's contentious testosterone issue back into the Olympic spotlight Monday when they blazed into the women's 200-metre final in Tokyo just weeks after being barred from the 400-metre race.
One of them, Christine Mboma, broke the world under-20 record twice in the space of about eight hours at the Olympic Stadium on the way to the 200 final.
More and more informed observers are asking why, after 13+ years of the Federal Reserve’s increasingly aggressive monetary interventions, the benefits remain so skewed toward Wall Street over Main Street. The answer is simple: follow the money. Using its traditional tools, the Fed pumps money into the financial system, hoping it will make its way into the broader economy. But the Fed can’t control where the money goes or who financial institutions decide to lend to, and clearly, the primary beneficiaries have been investors and the ultra-rich.
Employees at South Memphis shopping center say
a Dollar Tree employee shot and killed a shoplifter 17 replies
a Dollar Tree employee shot and killed a shoplifter 17 replies
A Dollar Tree employee was charged with second-degree murder after police say she shot and killed a man in the store’s parking lot Wednesday afternoon.
Others who work at the shopping center at South Third and Belz said the man who was killed was a Dollar Tree customer, and he was shot after he shoplifted at the bargain store.
Toyota Motor Corp (7203.T) said on Thursday its political action committee will halt donations to U.S. members of Congress who voted against President Joe Biden's election certification in January.
The largest Japanese automaker has faced harsh criticism for donations to some lawmakers - members of then-President Donald Trump's Republican Party - who voted against certification of Biden's win in some U.S. states.
It was around 4:30 p.m. on Monday, Jan. 11, when police got word of a Nissan Versa driving erratically near the New York-New Jersey border. Once they caught up to the driver, they discovered the man covered in blood, with gashes across his arms and thighs.
"I am tired," Jeffrey Sabol, 51, told the Clarkstown, N.Y., police officers as they aided him, according to court documents. "I am done fighting."
A New York grand jury has indicted the Trump Organization and its chief financial officer with tax-related crimes that will be made public Thursday in court, people familiar with the matter said, marking the first criminal charges against the former president’s company since prosecutors began investigating it three years ago.
The charges against the company and longtime CFO Allen Weisselberg are a blow to former President Donald Trump, who has fended off multiple criminal and civil probes during and after his presidency. But the initial charges won’t implicate Mr. Trump himself, his lawyer said...
Anne Blom has called Milwaukee home for more than 40 years.
She raised three children in a house she has owned for decades in Washington Heights, a neighborhood full of shade, wide streets and well-kept lawns.
On a scale of 1 to 10, she’d rate the city a 9.
“We love what the city has to offer,” she said.
But Blom, who is white, acknowledges that Milwaukee doesn’t provide everyone with the same opportunities. She recalled an instance years ago when a Black friend house sat for her. When he was outside the home one day, a passerby questioned his presence there.
Brazilian auto racer Helio Castroneves made history after winning his fourth Indianapolis 500 race on Sunday. He is now one of four drivers to win "The Greatest Spectacle in Racing" four times. Castroneves, who took the checkered flag in 2001, 2002 and 2009, held off runner-up racer Alex Palou, winning by a mere .4928 of a second. Castroneves claimed his first three wins with Team Penske, but Sunday's win was the first Indy 500 win for Meyer Shank Racing. CORRECTION*
There was at least one Republican who disagreed with former House Speaker Paul Ryan's critique of Donald Trump's hold on the party.
That would be Trump.
"Paul Ryan has been a curse to the Republican Party," Trump said as part of a lengthy statement issued Friday by the former president. "He has no clue as to what needs to be done for our Country, was a weak and ineffective leader, and spends all of his time fighting Republicans as opposed to Democrats who are destroying our Country."
Acknowledging that "conservatives find ourselves at a crossroads," former House Speaker Paul Ryan sought to map out a vision for the Republican Party in the post-Donald Trump era.
In an address Thursday night at the Ronald Reagan Presidential Library in California, Ryan credited Trump for bringing "many new voters into our party" but said Republicans have to face a reality.
"If the conservative cause depends on the populist appeal of one personality, or of second-rate imitations, then we're not going anywhere," Ryan said.
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The adult LGBTQ population in the United States reported living in households facing much higher levels of food insecurity when compared to non-LGBTQ adults, according to data recently released by the Census Bureau.
Of the more than 64,000 people who responded to a recent survey by the bureau, 13.1% of LGBTQ adults reported living in a household “where there was sometimes or often not enough to eat in the past seven days,” compared to 7.2% non-LGBTQ adults. The latest version of the Household Pulse Survey, which measures household experiences during the COVID-19 pandemic, also included questions about respondents’ sexual orientation and gender identity.
Democratic Congressional Campaign Committee Chairman Rep. Sean Patrick Maloney chose to raise awareness recently about the most obvious thing in Washington: The Democrats’ control of the U.S. House of Representatives is in serious jeopardy. Politico’s story “House Dem campaign chief warns the majority at risk without message reboot” amplified Mr. Maloney’s cry for help but made it clear that Democrats are in serious denial about the dire situation they’ve created for themselves.
Not only is history working against them - a new President’s party almost always loses seats in Congress in their first midterm election - but Democrats have the smallest majority in 100 years and
President Joe Biden is weighing vaccines mandates for interstate travel, according to the Associated Press (AP) on Thursday.
“Still, while more severe [coronavirus] measures — such as mandating vaccines for interstate travel or changing how the federal government reimburses treatment for those who are unvaccinated and become ill with COVID-19 — have been discussed,” the AP writes, “the administration worried that they would be too polarizing for the moment.” For the time being, the White House seems content with shaming those who are unvaccinated, while demanding private companies mandate vaccinations for their employees.
For instance, Biden told churchgoers April 1, they were being ungodly if they did not become vaccinated.
Afghanistan veterans are 'riveted in horror’ by
Taliban's 'faster-than-expected' takeover 41 replies
Taliban's 'faster-than-expected' takeover 41 replies
As Afghanistan continues to fall to the Taliban at a "faster-than-expected" pace, those who served in the war are reportedly "riveted in horror" watching the militant group make gains, and immensely frustrated by the withdrawal that's threatening to undo their 20 years of work, The Washington Post reports. "It makes me angry, really angry," said Tom Amenta, a retired veteran who was originally deployed in 2002. Afghanistan "has never had a clean solution," he told the Post. "But now that it's gotten hard, we're just going to bounce? It doesn't make it right." The United Kingdom's Foreign Affairs Select Committee
Earlier this week video was released of President Biden’s son Hunter Biden naked with a hooker complaining about Russians stealing his laptop for blackmail purposes.
Hunter Biden filmed the whole thing and kept the video on his laptop that he later abandoned at a computer repair shop in Delaware.This is a national scandal like Nothing this country has ever seen before.
Certainly, dirtbag Chris Wray and the FBI are on top of this? And yet Not One mainstream liberal outlet even ran the story!
Academy of Breastfeeding Medicine suggests
‘chestfeeding,’ ‘father’s
milk’ in new guidelines 38 replies
‘chestfeeding,’ ‘father’s
milk’ in new guidelines 38 replies
The Academy of Breastfeeding Medicine has issued guidelines that suggest employing such terms as “chestfeeding,” “human milk feeding,” and “parent’s milk” to promote what it calls “gender-inclusive language.” The ABM position statement on “infant feeding and lactation-related language and gender,” co-authored by eight doctors and the academy, said that “the use of de-sexed or gender-inclusive language is appropriate in many settings.” “ABM recognizes that not all people who give birth and lactate identify as female, and that some of these individuals identify as neither female nor male,” said the four-page document posted July 29. Suggested “gender-inclusive terms” for “breastfeeding” include “chestfeeding, lactating,
The Taliban have retaken 12 provincial Afghanistan capitals following the U.S. military’s secretive overnight withdrawal from Bagram Airfield earlier this year (U.S. officials didn’t even notify the base’s new Afghan commander before silently slipping away, leaving the official to discover for himself, nearly two hours after the fact, that the Americans had Irish Goodbye’d after nearly 20 years of occupation).Since the May 1 departure, the Taliban have captured 69 of the country's 407 districts, including ones American and Afghan officials previously considered impenetrable government strongholds against the terrorist group. In total,
Dr. Anthony Fauci said on Thursday that he can't rule out people having to have COVID-19 booster shots indefinitely as the virus continues to surge. Fauci, the chief medical advisor to the president, made his comments in an interview with Anderson Cooper on CNN in which he also warned that fully vaccinated people with so-called breakthrough infections can still get long-term COVID. 'We know a lot more than we did to start, but there's obviously, you know, we need to be humble in the face of this virus,' Fauci said.
He sure is. One can give him a partial pass on COVID’s resurgence since the rise of the Delta variant was out of his hands. But the other three here are squarely on him. Even COVID is only a partial pass. Many millions of senior citizens are sitting around waiting to be infected as the immunity from shots they received six or seven months ago ebbs. What are Biden’s CDC and FDA doing about it? Jack at the moment, to all appearances.
I have no sense of how the catastrophic lightning fall of Afghanistan’s government will play with voters.
Justice Amy Barrett denies appeal from
Indiana University students fighting
COVID-19 vaccine mandate 31 replies
Indiana University students fighting
COVID-19 vaccine mandate 31 replies
Supreme Court Justice Amy Coney Barrett denied an appeal from students at Indiana University to block the school’s vaccine mandate.
Barrett, who has jurisdiction over the appeals court involved in the case, denied the students request for an injunction against Indiana University’s vaccine mandate on her own without consulting other colleagues on the court and without hearing from the school.
Joy Reid: ‘Homicidal’ Republicans
Don’t Believe in ‘Staying Alive,’
Don’t Want Citizens to Live 30 replies
Don’t Believe in ‘Staying Alive,’
Don’t Want Citizens to Live 30 replies
MSNBC’s The ReidOut host Joy Reid continued on her warpath against conservatives and Republicans while poisoning her left-wing viewership, telling them on Thursday that their right-of-center coworkers, family members, and friends possess “nonsensical, homicidal arguments” that lack “a really strong feeling about staying alive…and keeping their kids alive” amidst the coronavirus pandemic. And, of course, Reid had plenty of help in the form of dutiful guests who saw little reason to disagree with her dangerous rhetoric.
For decades, the Democrat “death tax” has been greatly frowned upon by Republicans and the American people. Most Americans hate the concept of taxing someone’s wealth after they have died however this has not stopped Democrats from gouging money from a deceased person’s family.National Review reports that the death tax has dropped from 55% to 40% this century however it now appears that the Biden administration wants more.You heard that right: The Biden administration wants to tax you or your loved one’s dead body.
Comments:
This is scary...just push a button to move billions, if not trillions. Cheaper and quicker than printing cash. The last paragraph says it all - "If we are going to print money to support our economy, then let’s print it for the people. Central Bank Digital Currency (CBDC) can provide the way." Power to the people!! BTW, how are the poor and uninformed who can't even figure out how to get ID to vote going to access these funds in digital wallets?