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I fully agree with all of this. In this case we have some historical context, and we know from history that those living at the time the 14th was adopted interpreted it to mean what's written. "Engaged in" was apparently all that was necessary in their minds. I read about this somewhere...

In the fwiw department, an economist friend of mine suggested two things this morning: 1) that some of the former Soviet satellite states may be so distraught at the prospect of Donald Trump becoming President again that they might plot to assassinate him; 2) that the Court may have been...

unfortunately for your argument , the 14th amendment says nothing about being "charged with insurrection." What it says, in plain everyday English, is that anyone who has taken an oath to uphold the Constitution and subsequently "engaged in insurrection" against [the Constitution of the United...

Was it early on in the pandemic or later? Did you and your family get tested. If so, what test was used and what was the result?

His lawyers omitted the words "some of", as in "some of the banks...". The "so far" at the end of the end of the sentence was also omitted. Trump's loans have not all been paid off. Trump's lying caused the risk of future default to be mis-priced, shifting additional risk to the bank's equity...

There seems to be some confusion. There is never a big problem; maybe a little temporary problem if one or a few depositors represent the bulk of a banks deposits, and those depositors all want their money at the same time. Nevertheless any bank that is solvent can handle even this situation...

It might be a good idea to enforce the Sherman and Clayton Antitrust laws. Nothing gets price inflation juices flowing better than good old fashioned monopolies on essential goods and services! https://www.ftc.gov/legal-library/browse/cases-proceedings "Competition is a sin!" -- J. D...

As of March 2020, the Fed has no reserve requirement for depository institutions! But see: https://www.federalreserve.gov/monetarypolicy/files/reserve-maintenance-manual.pdf Note also: "The annual indexation of the reserve requirement exemption amount and low reserve tranche, though required...

OK

The driving factor seems to be growth of capital > growth rate of the economy. This is not easy to fix once it has been allowed to progress to the point it has in the U.S. The problem accelerated when the Reagan Admin collapsed all the upper marginal income tax rates down to just one low rate...

You are aware that Biden's plan was undone by the Supreme Court, according to the NYT?

There is a problem. There is little money to be made from a plain reading of the law. The more Lawyers whose mouths must be fed, the more complex becomes what is written. Eventually we argue not about what is written, but what was intended by what is written. That's where the most money of...

I, for one, didn't miss it. The "Patriot" Act was hugely damaging to our democracy.

Thank you. That's probably what was intended, as it makes good sense. Our ersatz "originalist"[Scalia] is dead. Otherwise we could ask him.

Maybe even 5 words.

From today's NYT. By Zolan Kanno-Youngs Reporting from Culver City, Calif. Feb. 21, 2024Updated 8:36 p.m. ET Sign Up for the Education Briefing From preschool to grad school, get the latest U.S. education news. After the Supreme Court struck down President Biden’s plan to cancel billions of...

Is it maybe can't afford a Playstation or an XBox? That would pretty much be the end of life as we know it.

The accounting in the first video seems wrong in serious ways. M2 (the most popular measure of the Money supply) doesn't include Treasury bonds. (Bank reserves don't include bonds; yet Bonds are also money.) After this I didn't bother with the second video. I tried to look the guy up that did...

Not to mention Trump's tariffs some of which the Biden Admin foolishly left in place. Tariffs and regulatory capture, interfere with competition. Capitalism only works well in competitive markets. We see this beautifully illustrated by the Medical care delivery system in the United States.

I too am of the opinion that the S.C. will find a way to invalidate Colorado's removal of Trump from the Republican Primary Ballot. I don't agree, however, that they will conclude that the ex-president has to be convicted of insurrection in a regular Court of Law under the Federal Statute to be...