Новости за 22.09.2022

When World Bank head David Malpass delivered a classic climate denier’s answer this week at Climate Week in New York—hedging on a direct question about whether fossil fuels are warming the planet—many immediately called for his removal. But meanwhile, an equally scandalous sound bite the same day by someone else has somehow flown under the radar. 

If I were to paraphrase Phil Gramm’s analysis of Charles Dickens’s much-loved A Christmas Carol, you wouldn’t believe me. So I’ll have to quote Gramm at length. What follows is from The Myth of American Inequality: How Government Biases Policy Debate, a new book by the former senator and Texas A&M economist, in collaboration with economists Robert Ekelund and John Early. Because I didn’t finish discussing this book Wednesday, I’m writing about it again today. And now to Gramm’s explication... Читать дальше...

Fresh off a legislative winning streak and after a tough summer, the Biden administration is having a moment. Unprecedented investments in driving clean energy innovation and rebuilding supply chains are poised to reshape the American economy for the next decade and beyond. 

Incumbent Democratic presidents have long struggled with red-meat partisan rhetoric. Defending a Democratic Congress in 2010, Barack Obama favored a long-winded, heavy-handed trope about how the Republicans wanted the car keys back after driving the economy into a ditch.

Most of the books banned in schools in the United States in the last year featured LGBTQ+ or POC characters, or both. And half of voters oppose all such bans in schools and public libraries. Both of those findings come from two reports released Monday, which marked the beginning of Banned Books Week.

Even by the standards of the financial sector, private equity—the $7 trillion industry that laid waste to Toys “R” Us, Radioshack, Fairway, and Payless—has a uniquely bad image problem. A majority of Americans believe the industry is ripe for a regulatory crackdown. And in Congress, that sentiment is, to no great surprise, widely shared amongst progressive lawmakers, including Senator Elizabeth Warren, who recently re-introduced sweeping legislation to rein the industry in. But apart from the... Читать дальше...

Former President Donald Trump defrauded banks, insurers, and tax agencies out of at least a quarter-billion dollars over roughly the last decade, the New York attorney general’s office said on Wednesday. That totaling came as part of a lawsuit filed against Trump and his family real-estate business, the Trump Organization, that sought to recoup those illicit profits and ban Trump and his top lieutenants from running a company in New York ever again.

It’s a tale as old as time: The House has one version of a bill, the Senate has another, and both are convinced that their legislation is the better of the two. In the latest iteration of this story, each chamber is currently considering a measure to reform the Electoral Count Act, or ECA, the confusing nineteenth century statute that no lawmakers really thought about until it was nearly used as an instrument to subvert democracy on January 6, 2021.