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Category Archives: Financial System

The Inside Story of the Mueller Probe’s Mistakes

The Atlantic’s George Packer: The Inside Story of the Mueller Probe’s Mistakes – “In a new book, Andrew Weissmann, one of Special Counsel Robert Mueller’s top deputies, lays out the limits and letdowns of the years-long Russia investigation….Suddenly, in March 2019, the Special Counsel’s Office completed its work. A report, hundreds of pages long, with many lines blacked out, was delivered to the attorney general. Before releasing it to the public, Barr pronounced the president innocent, in a brazen mix of elisions, distortions, and outright lies—for the report presented extensive evidence of cooperation between the Trump campaign and Russian assets, and of the president’s efforts to obstruct justice. The lesson Trump took from the Mueller investigation was that he could do anything he wanted. He declared himself vindicated, vowed to pursue the pursuers, and immediately turned to extorting favors for another election from another foreign country. Uproar over “Russiagate” gave way to uproar over “Ukrainegate.” The Mueller report faded away, as if it had all been for nothing..”

CRS – The Civil Rights Act of 1964: An Overview

The Civil Rights Act of 1964: An Overview, September 21, 2020 [108 pages/PDF]: “The Civil Rights Act of 1964, comprised of eleven titles and numerous sections, has been called the “most comprehensive undertaking” to prevent and address discrimination in a wide range of contexts. From discriminatory voter registration practices to racial segregation in business establishments… Continue Reading

Fortune’s Change the World list

“Fortune’s Change the World list is built on the premise that the profit motive can inspire companies to tackle society’s unmet needs. Looking at average 1-year returns, The Change the World list has outperformed companies on the S&P and MCSI lists over the past 2 years, proving that companies can do well while doing good.… Continue Reading

AstraZeneca Releases Blueprints for Virus Vaccine Trial Amid Safety Scrutiny

The New York Times – “Polls are finding Americans increasingly wary of accepting a virus vaccine. And scientists inside and outside the government are worried that regulators, pressured by President Trump for results before Election Day on Nov. 3, might release an unproven or unsafe vaccine. “The release of these protocols seems to reflect some… Continue Reading

FinCEN Files Show How Criminals Use Big-Name Banks To Manage Global Financial Corruption

BuzzFeedNews: “A huge trove of secret government documents reveals for the first time how the giants of Western banking move trillions of dollars in suspicious transactions, enriching themselves and their shareholders while facilitating the work of terrorists, kleptocrats, and drug kingpins. And the US government, despite its vast powers, fails to stop it. Today, the… Continue Reading

COVID-19: Financial Relief and Assistance Resources for Renters

CRS Insight via LC – COVID-19: Financial Relief and Assistance Resources for Renters, September 10, 2020: “This Insight highlights resources from selected federal agencies and other organizations that may aid renters at risk of eviction due to circumstances related to the Coronavirus Disease 2019 (COVID-19)pandemic. These resourcesprovide information on COVID-19 related renter protections and resources… Continue Reading

Tracking Federal Awards: USAspending.gov and Other Data Sources

CRS Report via LC – Tracking Federal Awards: USAspending.gov and Other Data Sources, September 15, 2020: USAspending.gov, available at http://www.USAspending.gov, is a government source for data on federal awards by state, congressional district (CD), county, city, and zip code. The awards data in USAspending.gov are provided by federal agencies and represent contracts, grants, loans, and other… Continue Reading

A majority of young adults in the U.S. live with their parents for the first time since the Great Depression

“The coronavirus outbreak has pushed millions of Americans, especially young adults, to move in with family members. The share of 18- to 29-year-olds living with their parents has become a majority since U.S. coronavirus cases began spreading early this year, surpassing the previous peak during the Great Depression era. In July, 52% of young adults… Continue Reading

RAND – Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%

TIME: “Like many of the virus’s hardest hit victims, the United States went into the COVID-19 pandemic wracked by preexisting conditions. A fraying public health infrastructure, inadequate medical supplies, an employer-based health insurance system perversely unsuited to the moment—these and other afflictions are surely contributing to the death toll. But in addressing the causes and… Continue Reading

Pete Recommends – Weekly highlights on cyber security issues, September 12, 2020

Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, September 12, 2020 – Privacy and security issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the… Continue Reading

U.S. National Strategy for Financial Literacy 2020

U.S. National Strategy for Financial Literacy 2020 – U.S. Financial Literacy and Education Commission, September 2020 – “Financial education is key to unlocking the foundations of economic opportunity and powering a strong and resilient economy. Americans must acquire financial skills and knowledge to fully participate in our dynamic economy. In a 2018 study, only one-third… Continue Reading