The Market Keeps Escaping: Private Credit, Real Risk, and the Infinite Regress of Financial Regulation

Both Trump’s Iran war and the closely connected Israeli war for Jewish hegemony across the Middle East (termed “Permanent Security” in Israeli military vernacular) are unravelling fast. Iran is standing defiant in the face of Trump and Israel’s threats, leaving Trump gambling the entire US economy and its global strategic standing on conjuring up a […]

Warren Whines As Senate Banking Committee Advances Crypto CLARITY Act, Two Democrats Break Ranks Authored by Micah Zimmerman via BitcoinMagazine.com, The Senate Banking Committee advanced the Digital Asset Market Clarity Act on a 15–9 vote Thursday, with Sens. Ruben Gallego (D‑Ariz.) and Angela Alsobrooks (D‑Md.) joining all 13 Republicans to move the sweeping crypto market structure bill to the full Senate. The Clarity Act is the Senate’s bid to build a federal framework for digital asset trading, stablecoins and intermediaries, splitting oversight between the SEC and CFTC and setting registration, disclosure and compliance rules...

California Dreamin' Isn't What It Used To Be Authored by Kenin M. Spivak via RealClearPolitics, California’s elected Democrats can’t move beyond pandering. Gov. Gavin Newsom is fixated on reparations for African Americans, and the legislature’s Democratic Party majority is once again trying to divide Californians by race, sex, and gender orientation. In 1996, California stunned the nation when 55% of voters approved Proposition 209, which amended the state’s constitution to prohibit public institutions from considering race, sex or ethnicity in employment, contracting, and education. Ten years later, the United States Supreme Court...