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US deficit grows 13.6% in 2017, now 3.5% of GDP

October 21, 2017 cody 0

The US budget deficit grew to $666 billion in fiscal year 2017, according to official data released Friday, with much of the increase associated with spending on an ageing population. It represented a 13.6 percent year-on rise. The deficit now account…

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‘The Swamp’ Settles in at the Pentagon

October 21, 2017 cody 0

Another week, another nominee for the Pentagon coming directly from a massive arms maker. On Monday, President Donald Trump formally sent the nomination of John Rood, a top executive at the world’s largest defense company Lockheed Martin, to the Senate. Rood would be taking over as the under secretary of defense for policy, a powerful […]

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To Uber Or Not? Why Car Ownership May No Longer Be A Good Deal

October 20, 2017 cody 0

Every day there’s more news about the inevitable arrival of autonomous vehicles. At the same time, more people are using ride-hailing and ride-sharing apps, and the percentage of teens getting their driver’s license continues to decline. Given these technologies and social changes, it’s worth asking: Should Americans stop owning cars? We’ve conducted an analysis of […]

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New DOJ Hire Would Oversee Property Seizure w/out Due Process

October 20, 2017 cody 0

(Emily Larsen, Liberty Headlines) Attorney General Jeff Sessions on Tuesday announced he would create a new position for the purpose of reviewing compliance and efficiency in the Justice Department’s Asset Forfeiture program. Jeff Sessions/IMAGE: YouTube The new position – Director of Asset Forfeiture Accountability – comes following criticism from conservatives over Sessions’s support for the […]

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How Scandal Derailed Tezos’ $232 Million Cryptocurrency Project

October 20, 2017 cody 0

The cryptocurrency project Tezos, which set a new record in July by raising $232 million in an initial coin offering, is currently embroiled in a legal battle that threatens to derail the technology. The project’s founders, Kathleen Breitman and her husband Arthur, have accused Johann Gevers, the head of the Swiss nonprofit foundation managing Tezos’s […]

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