Democrats Double Down on Failed Financial Services Policy
Politics

Democrats Double Down on Failed Financial Services Policy

The Democratic Party’s platform draft for Financial Services states that “[t]o restore economic fairness, Democrats will fight against the greed and recklessness of Wall Street.” Despite these goals, the proscribed policies in the Democrat’s platform will have unintended consequences that will harm consumers, and make the biggest banks bigger and smaller banks disappear. In short, … Continue reading

The Debt Ceiling: Good Politics, Not Policy
Debt / Economy / Fiscal policy / Politics / U.S. Domestic Policy

The Debt Ceiling: Good Politics, Not Policy

As of this past week, our federal government has managed to clear the hurdle of fully funding the Department of Homeland Security. Unfortunately, this is only one of the many vitally important budget issues on the horizon, including Medicare payments to doctors, funding for the Highway Trust Fund and our crumbling infrastructure, and the prospect … Continue reading

Want to Weaken Terrorist Groups? Go After Their Bank Accounts.
National Security / Politics

Want to Weaken Terrorist Groups? Go After Their Bank Accounts.

Terrorist groups use a variety of different methods for funding. Many of them, including Al Qaeda and Al- Shebab, heavily rely on donations and money laundering in order to support their operations. The Islamic State is no exception. While it takes advantage of other funding opportunities, including black market crude oil sales and looting, both … Continue reading

A Federal Balanced Budget: Not a Cure-All, but Definitely Not a Bad Idea
Debt / Economy / Fiscal policy / Politics

A Federal Balanced Budget: Not a Cure-All, but Definitely Not a Bad Idea

To all the people who believe that a constitutional requirement forcing Congress to pass a balanced budget every year will make the federal debt (and yes, there is a difference between a debt and a deficit: deficit being how much money we have to borrow per year, debt being how much money we have borrowed … Continue reading

Retirement Age and the Social Security Dilemma
Aging / America / Debt / Economy / Labor Force / Social Security

Retirement Age and the Social Security Dilemma

Ever since the members of the U.S Business Roundtable presented their plan to gradually raise the retirement age to seventy last year, the political and economic realm has been on fire with both support and recrimination. This fervor has only intensified after a recently released report by the Congressional Budget Office (CBO) which stated that, holding … Continue reading

How the Republican “Wave” was Possible
Politics / U.S. Senate

How the Republican “Wave” was Possible

Obama’s 2012 Presidential victory cinched 60 percent of the youth vote, causing many Republican insiders to question where the party was headed. Republicans were warned that they must “get diverse” to continue the party’s survival. The College Republican National Committee found that young people saw the party as “lacking in diversity” and “old-fashioned.”  Republican National … Continue reading