Politics

As expected, the Trump administration has slammed the CBO's assessment of the Republican plan to repeal Obamacare, which as reported earlier showed that as many as 24 million would lose their health insurance by 2026. 

"We disagree strenuously with the report that was put out," Health and Human Services Secretary Tom Price told reporters at the White House.  Price said the report released Monday afternoon does not take into account the entirety of the GOP plan to replace the Affordable Care Act.

Senator Rand Paul has introduced the Stop Arming Terrorists Act (S. 532) following Tulsi Gabbard’s claims that the Obama administration funded ISIS and Al-Qaeda. Dr. Paul has vowed to stop the U.S. from directly or indirectly supporting terrorist groups in the Middle East, in a companion bill to H.R. 608, which was reintroduced by Gabbard in January. “One of the unintended consequences of nation-building and open-ended intervention is American funds and weapons benefiting those who hate us,” said Dr. Paul.

George Galloway has vowed to make a return to UK politics and take on corrupt globalists in Parliament by running in the upcoming election.  Galloway, who has previously warned that the American ‘deep state’ are out to assassinate President Trump, is keen to tackle human rights and justice for the people of Palestine as well as bring his brand of plain speaking back to the House of Commons. Following the death last month of Labour MP Gerald Kaufman, rumors are swirling that Galloway may stand in the by-election for his vacated seat in the Manchester Gorton constituency.

The U.S. government officially has less cash than internet giant Google, with just $34 billion in the bank compared to Google’s $75 billion. In the year 1517, one of the most important innovations in financial history was invented in Amsterdam: the government bond. It was a pretty revolutionary concept. Governments had been borrowing money for thousands of years… quite often at the point of a sword. Italian city-states like Venice and Florence had been famously demanding “forced loans” from their wealthy citizens for centuries.

Authored by Howard Kunstler via Kunstler.com,

Let’s take a breather from more consequential money matters at hand midweek to consider the tending moods of our time and place — while a blizzard howls outside the window, and nervous Federal Reserve officials pace the grim halls of the Eccles Building.