Article
Hochul Joins Mamdani In New York's "Eat The Rich" Movement
Hochul Joins Mamdani In New York's "Eat The Rich" Movement
Authored by Jonathan Turley,
The hunt is on...
New York City Mayor Zohran Mamdani used Tax Day to announce a new fee targeting wealthy people who still linger in the city after moving their primary residences to other states.
The tax, called pied-à-terre (or “foot on the ground”) is designed to hit people who still maintain high-value properties in the city. It is a remarkably moronic effort to ensure that wealthy people cut all ties with the city. However, Gov. Kathy Hochul has...
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May 5, 2026 / Tyler Durden
Stablecoin Proposal Still 'Falls Short' Of Protecting Bank Deposits: US Banks Say
Stablecoin Proposal Still 'Falls Short' Of Protecting Bank Deposits: US Banks Say
Authored by Brayden Lindrea via CoinTelegraph,.com,
America’s largest banking groups said they remain dissatisfied with the CLARITY Act’s newly proposed language on stablecoin yield, arguing that it fails to protect bank deposits.
In a statement Monday, the bankers acknowledged that US Senators Thom Tillis and Angela Alsobrooks are “seeking to achieve the correct policy goal” in prohibiting stablecoin yield but noted that the CLARITY Act’s “proposed language” currently “falls short of that goal.”
“It is imperative that Congress get this right,” the American...
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May 27, 2026 / Joshua Mawhorter
The Public Goods Circular Argument
Public goods theory often assumes what it seeks to establish, namely, that the state is the indispensable precondition of production, even though the state itself depends upon prior production for every resource it possesses.
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Jun 29, 2026 / Dave DeCamp
Russia Says Finland’s Lift of Its Ban on Nuclear Weapons Requires a Response
Russia said on Monday that Finland’s reversal of its long-standing ban on nuclear weapons requires a response as tensions between NATO and Moscow continue to rise. Finland’s parliament voted on June 17 to lift the ban, which allows the country to receive, transport, and facilitate the movement of nuclear weapons on its territory as part of […]
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