Category Archives: Uncategorized

Replacing Jerome Powell As Fed Chair?!?



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Joe Biden has the opportunity to appoint a new chairman of the Federal Reserve or extend Jerome Powell’s term. Progressives have come out to criticize Powell for his handling of banking regulations. Here is exactly what’s happening!


The Debt Ceiling Fight Explained For Dummies!



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On August 1st, America stopped borrowing money. Since then, the treasury has been scrambling to keep paying for things by shifting around funds and trying to get tax dollars to go as far as possible. The current predictions are that America will start bouncing checks in mid-October or mid-November. Here’s what’s happening!


Texas’s New Abortion Law Blows Up Civil Standing Procedure, Explained



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Texas’s new abortion law gives standing to anyone to ANYONE who want’s to sue someone getting an abortion or assisting someone getting an abortion after a fetal heartbeat is detected. Giving anyone standing, whether they have been personally affected or not, is a huge departure from existing civil standing precedent. Here’s exactly what’s happening!


The John Lewis Voting Rights Act vs. The Supreme Court, Explained



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The house just passed the John Lewis Voting Rights Act, a bill which aims to address several recent Supreme Court decisions rolling back the 1965 Voting Rights Act. Here is how the John Lewis Voting Rights Act clarifies congress’ intention in the cases of the 2013 case of Shelby County v. Holder and the 2021 case of Bernovich v. Democratic National Committee.


The Fed Loses Control of REPO Markets; Banks, Bonds, and the Federal Reserve, Explained



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Banks are sitting on enormous piles of cash with little to do with it. People aren’t taking out loans and they have serious restrictions on what assets they can buy. Banks were going all in on bonds until the government hit the debt ceiling and stopped issuing fresh bonds. Now they’re lending it to one another and writing out the Federal Reserve. Here’s what’s happening.


The Unexpectedly Large Argentine Economic Recovery, Explained



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The numbers are in and Argentina’s economy is doing a lot better than predicted. This newfound reason for optimism is based on a successful inflation fighting program, a huge increase in agricultural exports, and increased consumer sentiment on the back of easing lockdowns. Here’s exactly what’s happening!


The Lake Mead Water Shortage Declaration, Explained



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America just declared the first water shortage for Lake Mead. This triggers cuts to the amount of water different states can drain from the reservoir. Here’s exactly what’s happening!


Avoiding a Taper Tantrum; The Federal Reserve’s Money Printing/Bond Buying Program, Explained



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Since the start of the pandemic, the Federal Reserve has been engaging in an unlimited bond buying program to sure up struggling companies’ finances. With the economy recovering, the question is whether they should begin tapering these purchases. This could either lead to an enormous negative correction in markets or financial markets regaining independence. Here is what that conversation looks like.


What is the Debt Ceiling? The Coming 2021 Debt Ceiling Crisis, Explained



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Will congress be able to keep charging expenses to America’s “credit card”? We’re about to find out. On July 31st, the treasury hit it’s $28.5 trillion debt ceiling. Now the question is, how are politicians going to raise it? A partisan budget reconciliation measure? A bi-partisan negotiation? Here is exactly what is happening!


Extending or Ending the Eviction Moratorium



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With the recent expiration of the Eviction Moratorium, politicians are playing the blame game. Between the CDC, the Supreme Court, and Congress, every branch of government is dipping their toes into this debate. Here’s how we got here and what our options are moving forward.