Money versus Monetary Policy

Mamdani Is Destroying The Tax Base His Stupid Ideas Desperately Need Submitted by QTR's Fringe Finance  When the Fischer-Price My First Mayor™ of New York Zohran Mamdani chose to film a “tax the rich” video in front of a Manhattan penthouse owned by Citadel CEO Ken Griffin, he wasn’t just celebrating “tax day”, he was making a policy argument. Mamdani was making a choice about his tone (dickish), about targets (“people with more money than me are bad”), and about how the city signals to the very people it depends on to fund its...

China In Talks With Iran For Safe Passage Through Hormuz, As WH Scrambles To Contain Rising Energy Prices Summary: House votes against war powers: The US House of Representatives has rejected an effort to curb President Donald Trump's ability to wage war in Iran, a day after a similar bid collapsed in the Senate. House rejected in a 219-212 vote along party lines - was largely ceremonial and was unlikely to survive an expected veto from the president: BBC. Unconfirmed: Iraqi police say a US fighter jet crashed in southern Basra province, with the pilot ejecting...

Former Virginia Lt. Gov. Justin Fairfax And Wife Found Dead In Apparent Murder-Suicide Justin Fairfax, the former lieutenant governor of Virginia, and his wife, Cerina Fairfax, a dentist, were found dead in an apparent murder-suicide at their home shortly after midnight on Thursday, according to Fairfax County police. Justin Fairfax in 2019. He served as Virginia’s lieutenant governor from 2018 to 2022.Credit...Parker Michels-Boyce for The New York Times Fairfax, 47, shot and killed his wife before turning the gun on himself, Police Chief Kevin Davis said. The couple’s teenage children were home...