Institute for Peace and Prosperity, Released on 5/1/23 Last week the House passed legislation increasing the debt ceiling. The bill was supported by all but four Republicans. For some Republicans, this was the first time they had ever voted for a debt ceiling increase. Perhaps the reason they did so this time was because the […]
Institute for Peace and Prosperity, Released on 4/17/23 Future historians may say that the most significant event of 2023 had nothing to do with Donald Trump, other 2024 presidential candidates, or even the war in Ukraine. Instead, the event with the most long-term significance may be one that received little attention in the mainstream media […]
Institute for Peace and Prosperity, Released on 3/20/23 The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in US history. Just two days following SVB’s collapse, Signature Bank joined the record books as the third largest bank failure in US history. First Republic Bank also seemed on the […]
Institute for Peace and Prosperity, Released on 3/6/23 Now you see it … maybe soon you won’t. Over the last year, the seeming ability of stock values of many technology companies to keep rising forever met resistance. This was true even for the major technology companies known collectively as “big tech.” During the last 12 […]
Institute for Peace and Prosperity, Released on 2/27/23 On February 19th, the National Mall in Washington, DC saw its largest antiwar rally in 20 years. The speakers list included four former US presidential candidates and a broad and diverse collection of antiwar activists from beyond the left and right. The aptly-named “Rage Against War Machine” […]
Institute for Peace and Prosperity, Released on 2/21/23 According to the January report of the Consumer Price Index, price inflation increased by 0.5 percent last month. This follows a 0.1 percent increase in December. The total increase over the last 12 months is 6.4 percent. The official government statistics, which are manipulated to understate the […]
Institute for Peace and Prosperity, Released on 2/6/23 A group of House Republicans is supporting legislation that would replace federal income, payroll, estate, and gift taxes with a 30 percent national sales tax. The bill also eliminates the Internal Revenue Service, giving states the responsibility to collect the sales tax and send the revenue to […]
Institute for Peace and Prosperity, Released on 1/23/23 This week the US government reached its 31.4 trillion dollars borrowing limit, better known as the “debt ceiling.” This led to a showdown among House Republicans, President Biden, and congressional Democrats. House Republicans are demanding that President Biden and Senate Democrats agree to include spending cuts with […]
