Category Archives: Uncategorized

Lebanon’s Economic Currency Collapse Crisis, Explained



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The Lebanese Pound has collapsed because of a shortage of US Dollars. The government has defaulted on loans owned by the Lebanese Central Bank, depleting their reserves so they couldn’t pay back regional banks, meaning that depositors are locked out of their deposits. This has triggered branches of government to lash out at each other and led to protests in the street overthrowing the prime minister. Here’s what’s happening.


Trump’s Coronavirus Relief Executive Orders, Explained (Payroll Taxes, Student Loans, Unemployment, and The Eviction Moratorium)



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With Congress in a deadlock on Coronavirus Stimulus, Donald Trump has signed four executive orders. These executive orders defer payroll taxes, defer student loan payments, fund continued unemployment insurance supplements, and continue something that is occasionally described as an eviction moratorium, although it is not that comprehensive. Here is exactly how it accomplishes those goals without congress.


NRA vs. New York; Attorney General Letitia James’ Suit to Dissolve the National Rifle Association, Explained



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New York’s Attorney General has introduced an action to dissolve the National Rifle Association along with charges against several executives for fraud and embezzlement. Here is exactly what’s going on and an explanation of the NRA’s legal fight to stay alive.


Trump vs. The Postal Service, Explained



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The US Postal Service is struggling and the question is how to fix it. Trump’s new Postmaster general is proposing cuts that are leading to delivery delays. Mnuchin is proposing renegotiating last mile delivery contracts with major shippers to raise prices. Liberals are proposing new features that will open up different revenue streams or reincorporating the Post Office into the federal government’s budgeting. Here’s what’s happening.


Congress’s Coronavirus Liability Protection Stimulus Debate, Explained



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Speaker Pelosi and Mitch McConnell are debating how much legal protection to give businesses negligent in protecting their workers or consumers from Covid-19. Here’s what’s being debated.


Bivens v. Six Unknown Federal Agents: Supreme Court Weighs In On Officer Arrests Without Just Cause



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Back in 1971 the Supreme Court faced a case dealing with similar issues to ones that have recently arisen. Six Anonymous Federal Agents arrested an individual without just cause or a warrant. The question facing the Supreme Court was, facing those facts, what should we do? Specifically should we allow a civil action to take place in federal court and should the officers have the right to remain anonymous. This is what happened.


Lebanon’s 2020 Dollar Currency Economic Crisis and the IMF, Explained



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Lebanon is having a major currency crisis. They promised to pay tens of billions of dollars to investors through years of government bond issuances. Unfortunately they are running low on currency and starting to default on their loans. With no new money coming in, an inability to raise money through taxes, and a simering virus outbreak, a crisis is sweeping their financial system.


What the Heck Are Federal Law Enforcement Officers Doing in Portland?



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Donald Trump’s executive order protecting monuments and federal buildings has sent tons of federal law enforcement agents to several large cities. Between not disclosing what agency they’re with and making arrests on questionable grounds, people are asking what the law is. Here is exactly what’s happening.


The US and China Central Bank’s Cryptocurrency Face Off, CBDC Explained



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China and America’s central banks are developing competing currency backed Cryptocurrencies. These two countries are weighing the positives and negatives of privacy versus efficiency as they develop their own blockchains. Here’s exactly what’s happening.


The Supreme Court Rules Half of Oklahoma is a Native American Reservation



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The Supreme Court just ruled in the case of McGirt v. Oklahoma that the Eastern Half of Oklahoma is now considered a Native American reservation for the purposes of criminal justice. Here’s why the Supreme Court ruled that way and what it means.