Saturday, November 23

United States

The U.S. political situation grew increasingly polarized in the last two decades with both parties moving away from the ideological center. What started as intense partisanship has turned into outright extremism, in some cases. Extremism peaked after the 2020 presidential election. It culminated in a violent and deadly scene as the defeated candidate denied he lost the election and encouraged a mob to “fight like hell” at the U.S. Capitol. Several factors are increasing the divide, including gerrymandering–or carving out–districts, the primary system for selecting candidates in the two parties, the amplification of partisanship in cable news and mass media, and campaign finance.

Top PAC Recipients in the U.S. House 2023-2024
Domestic Politics, Political Systems, Domestic Politics, Types of News: Brief, United States

Top PAC Recipients in the U.S. House 2023-2024

Eye on Politics March 6, 2024-As the U.S. political cycle kicks into higher gear, it's time to take a closer look at who is running with what resources. Political action committees, known as PACs, play a significant role in U.S. elections. Below is a list of House members receiving the most PAC money, according to data from Open Secrets. The top receiver, Jason Smith, Republican from Missouri, is chairman of the powerful Ways and Means Committee. The top five contributors to Rep. Smith in the 2023-2024 cycle are the National Association of Realtors, American Israel Public Affairs Committee (AIPAC), Apollo Global Management, Herzog Contracting, and the Alliantgroup.
Mexico’s Lawsuit Against Gun Makers Moves Forward
Arms Sales, Military Industry, Corruption, Bribes, Illicit Finance & Money Laundering, International Law, Legal Battles, Types of News: Analysis, United States

Mexico’s Lawsuit Against Gun Makers Moves Forward

Appeals Court Decision Comes As U.S.-Mexico Meet On Root Causes Of Migration January 25, 2024—As President Biden faces pressure at home to stop the flow of irregular migration to the United States at the southern border, Mexico is drawing attention to one of the root causes: U.S.-made weapons in the hands of cartels. Mexico's Defense Department said this week drug cartels are armed with U.S.-made weapons intended for military use, such as grenade and rocket launchers and fully automatic machine guns. Mexico wants the weapons trafficking to stop. Furthermore, the government is demanding answers from the Biden administration.   "It is very urgent that an investigation into this be carried out," Foreign Relations Secretary Alicia Bárcena said on Monday. Mexico has the third...
GUEST POST: Congress, Ukraine Is Still Germane
Foreign Aid, International Development, Geopolitics, Type of News: Guest Post, Types of News: Analysis, United States

GUEST POST: Congress, Ukraine Is Still Germane

Don't Renege On Our Promise To Ukraine Editor's Note: The U.S. Senate is currently considering a $100 billion supplemental spending bill, S.Amdt.1371 to H.R. 815. It would provide $61 billion in aid to Ukraine, $14.3 billion for Israel, and Taiwan, and include $14 billion for U.S. border security. As much of the world's attention has shifted to the Middle East, support for Ukraine in its war against Russian aggression is waning in some countries, including the United States. Ukrainian President Zelenskky addressed top officials from United States, the European Union, China, the Middle East have gathered for the annual meeting of the World Economic Forum on January 16, 2024. Op-Ed by William Slomanson Distinguished Professor Emeritus, Thomas Jefferson School of Law. William Slo...
Biden Takes The Bullhorn, Walks The Picket Line
Domestic Politics, Types of News: Brief, United States

Biden Takes The Bullhorn, Walks The Picket Line

President Biden joins striking workers in Michigan September 26, 2023. September 26, 2023—The power of the U.S. presidency is the bully pulpit, and today President Joe Biden put it to use. As the national autoworkers' strike grew in numbers and gained more news media attention, politicians are taking close notice. The issue is not only that the expanding strike has consequences for workers, consumers, business and the larger U.S. economy, it is also a political one. It is not cynical to say that both parties want to win the loyalties of blue-collar workers, especially in a swing state like Michigan. It's simply a practical matter in U.S. politics. Biden Comments On Workers' Pay Today, Biden wooed striking workers in person. He arrived on the scene one day in advance of a vis...
In the U.S., One Strike Ends As Another Grows Bigger
Domestic Politics, Types of News: Analysis, United States

In the U.S., One Strike Ends As Another Grows Bigger

Auto Strike Has Political And Economic Consequences Auto workers strike outside Ford plant in Michigan. September 25, 2023—As one major labor union strike in the United States ends, another one is getting bigger. U.S. politicians gearing up for the 2024 election are taking notice. Both strikes are taking place as industries undergo technological change. For writers, the issues relate to the gig economy and artificial intelligence. The auto workers, meanwhile, are trying to secure a future in the industry as it undergoes a global transformation to electric vehicles. While the writers' strike affected the entertainment economy and America's viewing pleasure, the autoworkers' strike has the potential to impact the broader U.S. economy. Hollywood Writers Strike First, an end ...
U.S.: Another Debt Limit Debacle Looms Large
Currency, Debt, National Budgets & Interest Rates, Types of News: Brief, United States

U.S.: Another Debt Limit Debacle Looms Large

May 2, 2023—U.S. Treasury Secretary Janet Yellen warned congressional leaders on Monday the federal government might have trouble paying its bills beginning in early June if Congress can't come together on terms for increasing the debt limit. The U.S. government breached the $31.381 trillion limit on amassing debt in January. Ever since the federal government has been resorting to extraordinary measures to get by. As of April 28, the U.S. federal debt stood at $31.45 trillion. State And Local Governments First To Feel The Pinch In a letter to Congress on May 1 Yellen said state and local governments are the first to feel the pinch. Today, Treasury stopped issuing securities known as State and Local Government Series (SLGS) that help states and local governments comply with tax reg...
US Regulators Act Following Bank Collapses
Currency, Debt, National Budgets & Interest Rates, Finance, Investing, Types of News: Brief, United States

US Regulators Act Following Bank Collapses

Run On Bank Was First Sign Of Significant Volatility Amid Rate Hikes March 14, 2023—U.S. regulators and policymakers acted swiftly over the weekend following the collapse of Silicon Valley Bank on Friday and Signature Bank on Sunday. The runs on the banks by customers are the first signs of major volatility following the Federal Reserve's multiple rate hikes to reduce inflation. The government through the Federal Deposit Insurance Corporation provided a risk-exception guarantee for all bank deposits of the two banks. That mitigated the risk of additional runs on banks. The details are as follows: The FDIC's guarantee would not apply to investors or unsecured debt holders. Regulators removed senior management of the banks. The FDIC took over Silicon Valley Bank and opened Signature...
U.S. Government Owes $395.5 Billion In Interest On The Debt
Currency, Debt, National Budgets & Interest Rates, Types of News: Bit, United States

U.S. Government Owes $395.5 Billion In Interest On The Debt

Feb. 26, 2023—Here's something to remember when discussing the U.S. budget, national debt, and debt limit: The U.S. government is expected to pay $395.5 billion this fiscal year on interest charges alone. That's a helpful reminder that comes from the Pew Research Center in a recent post. For more information on the U.S. budget, go to the White House's Office of Management and Budget. There you'll find historic tables of the U.S. budget. Moreover, the U.S. government is projected to spend over $1 trillion more this year than it collects in revenue. That money not only increases the U.S. debt, it also fuels rising inflation in America and beyond.
It’s A Rocky Start To The New U.S. Congress
Domestic Politics, Political Systems, Domestic Politics, Types of News: Bit, United States

It’s A Rocky Start To The New U.S. Congress

118th Congress begins with no Speaker named to the House. With No Leader Named In The House, Work Cannot Begin January 3, 2023—As U.S. lawmakers opened a new session of Congress today under the slimmest margins of power. Although Republicans won a majority of seats in the House, intraparty conflict is preventing them from establishing control. With slim margins in both chambers, it is likely to be a weak Congress unless the two parties find room for compromise. Rep. Kevin McCarthy, R, failed to garner enough votes to become the new Speaker as 19 Republicans rejected him in back-to-back votes. In the first two ballots of the House, McCarthy won only 203 votes. In contrast to Republican infighting, Democrats voted unanimously for their leader Hakeem Jeffries, who received a total of...
House Committee Investigating January 6 Ends Work
Democracy, Domestic Politics, Types of News: Brief, United States

House Committee Investigating January 6 Ends Work

The House Jan. 6 Committee released its final report on Dec. 19, 2022. Investigation Shows The Fragility of U.S. Democracy January 3, 2023—As a new Congress begins to take shape in Washington, the House Select Committee investigating the January 6, 2021 attack on the U.S. Capitol completed its work. At its core, the committee upheld its purpose of defending democracy in the United States. A key tenet of democracy is free and fair elections. In the 2020 presidential elections, the country nearly lost in fulfilling that promise to the people. Former President Donald Trump used every means possible—including a violent attack on the legislature—to hold onto power. As the truth came to light, the evidence showed the fragility of the republic itself and the key tenets of democracy i...

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