Have We Really Learnt The Lessons Of The GFC?

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...

Outrage As Suspect In UK Toddler Crocodile Attack Released On Bail; Identity Still Hidden Authored by Steve Watson via Modernity, The insane attack at a family-run zoo in Cambridgeshire, UK has now produced a fresh outrage. A three-year-old boy from the area remains in critical but stable condition at Addenbrooke's Hospital after being thrown into a crocodile enclosure. Yet, the 30-year-old man from Norfolk arrested on suspicion of attempted murder has already been released on bail until 18 September. Police assessed him as "unfit for interview" and continue to withhold his identity from...

This Is What You Get When Commies Are Running NYC... Authored by Steve Watson via Modernity.news, New York City, already reeling from crime under years of radical leftist rule, now faces a proposal that sounds ripped straight from a communist energy-rationing handbook: mandatory blackouts every night. Manhattan Assemblywoman Deborah Glick is sponsoring the “Dark Skies Protection Act,” which would require businesses and residents to turn off non-essential lighting between 11 p.m. and 5 a.m.  Critics are blasting it as a criminal’s dream come true in a city that already struggles with safety after dark. New York City...