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California May Flip 50-Year Nuclear Moratorium
California May Flip 50-Year Nuclear Moratorium
California, long a leader in aggressive renewable energy mandates, is showing early signs of softening its decades-old ban on new nuclear power. Bloomberg reported cracks are appearing in the state’s 1976 moratorium, driven by surging electricity demand from AI data centers and the challenge of hitting absurd climate targets like 90% clean electricity by 2035 and 100% by 2045.
At the center of the development is Assembly Bill 2647, introduced last month by Democratic Assembly Member Lisa Calderon with Republican co-sponsors. The legislation would exempt...
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Mar 8, 2026 / Kyle Anzalone
Trump Announces Anti-Cartel Coalition with Latin American Countries
President Donald Trump said that a dozen Latin American nations had enlisted in a US-led coalition to fight cartels in the region. Trump announced the new military organization, along with Latin American leaders, at his Doral resort in Florida on Saturday. The coalition was dubbed Shield of the Americas, and includes Argentina, Bolivia, Chile, Costa […]
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Feb 26, 2026 / John W. And Nisha Whitehead
Fool’s Gold: The Art of the Steal and the Privatization of the Presidency
In his State of the Union address, President Trump declared that America is entering a “Golden Age.” Golden for whom? For a president who lives lavishly in a taxpayer-funded mansion, jets around to weekend golf getaways at taxpayer expense, and dismisses concerns about “affordability” as fake news, life might indeed be gilded. For the rest of […]
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Mar 13, 2026 / Tyler Durden
401(k) Hardship Withdrawals Hit Record High
401(k) Hardship Withdrawals Hit Record High
The AI bubble and data center buildout have helped catapult equity markets to new highs (pre-Middle East conflict), minting a record number of 401(k) millionaires. However, beneath the surface, hardship withdrawals from 401(k) plans have also climbed to a record, reinforcing the view that the K-shaped economy is becoming more entrenched.
Vanguard's How America Saves 2025 report shows that hardship withdrawal activity "increased to a new high" of 6% in 2025, up from 4.8% in 2024 and about 2% before the pandemic.
The increase marks the...
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