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Apr 18, 2024
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will end up on the basket list and treasury gets remote. share the concern that it may affect the u.s. treasury's ability. >> this authority in the premises, you cause harm, you essentially wave your sovereign immunity and assets that are frozen and can pay for the harm and injury done, a country violating international law. i'll be happy to back you look this is a very popular provision because it says let russia pay for its own war crimes. these are russian assets under international law agreed on this before twice wherever country causes harm or injury and assets are seized, thinking for operation. i think once we get into reconstruction, i would be a wise use as well. they would prefer be from the russian oligarchs and assets to help pay. >> we could end up costing the taxpayers more because the debt could go up for u.s. treasuries when they go for auction so i hope that's been factored into the cost. as i understand, we were in conflict, engaged, this would be iraq kuwait war and we used united nation security council plan to cease tho
will end up on the basket list and treasury gets remote. share the concern that it may affect the u.s. treasury's ability. >> this authority in the premises, you cause harm, you essentially wave your sovereign immunity and assets that are frozen and can pay for the harm and injury done, a country violating international law. i'll be happy to back you look this is a very popular provision because it says let russia pay for its own war crimes. these are russian assets under international...
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Apr 10, 2024
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in 2021, treasury secretary yellen said, quoting her, there's a good argument that the best place to hide and launder ill-gotten gains is actually the united states. yes, the u.s. has allowed cartels,un terrorist groups, roe states, chinese money laundering organizations and foreign oligarchs to use phony u.s. shell corporations into illicit schemes. these show companies mayor exist only on paper, but they enable deadly threats to american slides and security. nearly 108,000 americans died of overdose in 2022 according to the cdc. 436 rhodepe islanders. the death of the 436 people were also crossed my small state in a type ofer heartbreak. fentanyl and other synthetic opioids are being many of these deaths. sentinels death toll is a a dt result of a shell corporations, shell corporations the height of the rate of precursor chemicals, and shell corporations that hide profits from sales. one doj indictment last year alleged cartel operatives decide to network of shell companies in wyoming to launder millionsd of dollars for the sinaloa cartel. companies in wyoming to launder millions o
in 2021, treasury secretary yellen said, quoting her, there's a good argument that the best place to hide and launder ill-gotten gains is actually the united states. yes, the u.s. has allowed cartels,un terrorist groups, roe states, chinese money laundering organizations and foreign oligarchs to use phony u.s. shell corporations into illicit schemes. these show companies mayor exist only on paper, but they enable deadly threats to american slides and security. nearly 108,000 americans died of...
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Apr 12, 2024
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treasury market. that is how we fund our government if you want to lower this funding cost toos you and something called private funds. we believe it or not larger than the entire banking system. the hedge funds, private equity and so forth. so, it is infused right in the mandate. because congress and presidents told us that they had to be. we take it seriously. >> thank you. >> will first because i'm going to be retiring soon, entitled to stress i think we would be remiss if we do not congratulate for the brilliant performance here. [laughter] >> absolutely.[l [applause] [applause] >> she was able to get a lot of what were all doing appear is very understandable. very impressive in a very jealous and the well so i have the honor with all the respect thing the body regulates the most professional monopolist in the country. my. [applause] >> you were not going to be without. >> modo. they banana for 200 years ever since they were formed and of course tributes in part of the farmers led to the creation
treasury market. that is how we fund our government if you want to lower this funding cost toos you and something called private funds. we believe it or not larger than the entire banking system. the hedge funds, private equity and so forth. so, it is infused right in the mandate. because congress and presidents told us that they had to be. we take it seriously. >> thank you. >> will first because i'm going to be retiring soon, entitled to stress i think we would be remiss if we do...
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Apr 9, 2024
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treasury is committed to using all of our tolls -- tools to counter this threat. third, we are announcing we will continue a series of financial technical exchanges between the united states and china. just like military leaders need a hotline in crisis, american and chinese financial regulators must be able to communicate to prevent financial stresses from turning into crises with tremendous ramifications for our citizens in the international community. over the past few months, we have hosted several exercises with china, including on how we would coordinate if there were to be a failure of a large bank in either of our countries. i'm pleased that we will hold upcoming exchanges on operational resilience in the financial sector and on financial stability implications from the insurance sector's exposure to climate risks. these are the types of discussions we have with other major economies. since we know a financial issue in a foreign country can quickly cascade two hours and i'm glad we are doing the same with china. this technical exchange builds on other sphe
treasury is committed to using all of our tolls -- tools to counter this threat. third, we are announcing we will continue a series of financial technical exchanges between the united states and china. just like military leaders need a hotline in crisis, american and chinese financial regulators must be able to communicate to prevent financial stresses from turning into crises with tremendous ramifications for our citizens in the international community. over the past few months, we have hosted...
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Apr 30, 2024
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and we are still getting this push and pull back and forth with treasury. we are inching what is predictable and what is consistent. if i could move on to a couple of other quick things, one of them is i work a lot on charitable giving. i think it is important that we incentivize it in our tax code. it is something that will come next year -- come up next year when we are dealing with tax policy issues. it is our understanding that after we stopped incentivizing charitable giving through our tax code we had a dramatic drop in charitable giving across the country. it hurts our nonprofits, which hurts our big safety net. we want to get more information from you on that. we will follow up on that in the days ahead. we are also working a lot on the tax cuts and jobs act. obviously that is coming up next year for bonus depreciation. it was interesting to me on this that we have seen such conservative bastion locations such as harvard, princeton, university of chicago recently put out a study saying based on some of the business tax increases there is a 20% in in
and we are still getting this push and pull back and forth with treasury. we are inching what is predictable and what is consistent. if i could move on to a couple of other quick things, one of them is i work a lot on charitable giving. i think it is important that we incentivize it in our tax code. it is something that will come next year -- come up next year when we are dealing with tax policy issues. it is our understanding that after we stopped incentivizing charitable giving through our...
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Apr 30, 2024
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the treasury inspector general for tax administration has also raised some concerns. last week the government accountability office listing out problems with this new irs program. the irs had a better at helping taxpayers? works were trying to do is provide an option first taxpayers. it's also better or worse this s give taxpayer options. i also would offer the pilot is not done. there have been no cost estimates for your reference a cost estimate your question i'm unfamiliar with right do notot think it's going to end up their wait more taxpayers that direct file in the past few days. it's very different than the number should have in front of you. i will say this they're one of our pilot states a final cost of number a final number of taxpayers. trek to the data and provide feedback i look forward to the feedback required of us who the true state treasurer atse helpig wyoming. it's a big private sector guy as an eyebrow the question is does the private sector have the same what i would say it can conflict of interest the irsor has the is is the tax enforcer and now
the treasury inspector general for tax administration has also raised some concerns. last week the government accountability office listing out problems with this new irs program. the irs had a better at helping taxpayers? works were trying to do is provide an option first taxpayers. it's also better or worse this s give taxpayer options. i also would offer the pilot is not done. there have been no cost estimates for your reference a cost estimate your question i'm unfamiliar with right do...
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Apr 12, 2024
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on january 1st of this year, the treasury department established a beneficial owner registry to sort out this anonymous shell company mess. at long last, helping law enforcement and national security officials find out who is behind american shell companies that facilitate criminality. the best place to hide and launder ill-gotten gains is actually the united states. this year, the treasury also announced puzzles related to dirty money and in the dirty money and in the it is regreatable that well-paid, white-collar american professionals, brokers and accountants provide services. me enabler's act would crack down on those aiding and abetting america's enemies byty beaming daylight on key sectors. we can organize our efforts better against the global dark economy. i've introduced the bill to establish a cross-border financial crime center to coordinate investigations with nexus to u.s. border. finally, we should provide resources, the department of justice and federal agencies, time and again we have seen those seeking to harm the u.s. use opaque corporations to cover their tracks and
on january 1st of this year, the treasury department established a beneficial owner registry to sort out this anonymous shell company mess. at long last, helping law enforcement and national security officials find out who is behind american shell companies that facilitate criminality. the best place to hide and launder ill-gotten gains is actually the united states. this year, the treasury also announced puzzles related to dirty money and in the dirty money and in the it is regreatable that...
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Apr 11, 2024
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treasury market. and working in the equity markets. i will see if we lower the cost in either it helps companies as well. it may not help the dealers in the middle. when i was on a wall street i was on wall street for 18 years there's a saying darkness is her friends. that is what we knew volatility was her friend as well. lack of competition was our friend the deal is in the middle it doesn't matter if you are a diamond dealer, an auto dealer a loan dealer or a stock deal or r you don't want competition. but competition is really good for the economy, for companies, for investors. >> jonathan, we are all using different technical terms. but in some ways with the sector or regulators are doing is very similar. it's looking and making switching easier where the are you are a consumer, whether you are an investor. it's making sure they're not gatekeeper abuses. >> that is the core of it. we are all using different words for. we are all using different legal tools but this is what we're wee trying to do is create some consistency of a par
treasury market. and working in the equity markets. i will see if we lower the cost in either it helps companies as well. it may not help the dealers in the middle. when i was on a wall street i was on wall street for 18 years there's a saying darkness is her friends. that is what we knew volatility was her friend as well. lack of competition was our friend the deal is in the middle it doesn't matter if you are a diamond dealer, an auto dealer a loan dealer or a stock deal or r you don't want...
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Apr 17, 2024
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>> it is not the treasury, it's congress. and i know that it is a painful thing to say but i remember with the previous review, i and the white house, something i cared about, a lot of people did, tried to persuade christine log guard that we were on it and really trying, to explain the president was behind this and the president was behind it but there was the twist if i remember one time when there was funding for ukraine, the imf thing was going to get attached to it and within half an hour it wasn't attached anymore so it is very hard to manage that kind of politics. as far as china having a bigger role, the us position has been in support as far as i am aware of more proto-share or capital share for emerging markets that represent larger economies and as i said the problem is more endurance but i want to put forward a slightly different angle which is what we really need for global cooperation is to think how countries and countries leadership can cooperate on the big global problem. whether it is climate change, it's ha
>> it is not the treasury, it's congress. and i know that it is a painful thing to say but i remember with the previous review, i and the white house, something i cared about, a lot of people did, tried to persuade christine log guard that we were on it and really trying, to explain the president was behind this and the president was behind it but there was the twist if i remember one time when there was funding for ukraine, the imf thing was going to get attached to it and within half an...
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Apr 27, 2024
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yesterday, secretary of the treasury donald regan sent to the congress a request to raise the debt ceiling to $985 billion. this represents a dramatic jump of $50 billion over the previous debt ceiling. the administration took this action with great regret because it's clear that the massive deficits our government runs is one of the root causes of our profound economic problems. and for too many years, this process has come too easily for us. we've lived beyond our means and then financed our extravagance on the backs of the american people. the clear message i received in the election campaign is that we must gain control of this inflationary monster. let me briefly review for the american people what we've already done. within moments of taking the oath of office, i placed a freeze on the hiring of civilian employees in the federal government. two days later, i issued an order to cut down on government travel, reduce the number of consultants to the government, stop the procurement of certain items, and called on my appointees to exercise restraint in their own offices. yesterday i anno
yesterday, secretary of the treasury donald regan sent to the congress a request to raise the debt ceiling to $985 billion. this represents a dramatic jump of $50 billion over the previous debt ceiling. the administration took this action with great regret because it's clear that the massive deficits our government runs is one of the root causes of our profound economic problems. and for too many years, this process has come too easily for us. we've lived beyond our means and then financed our...
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Apr 13, 2024
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a very rosy revenue model as a percentage of gdp coming into the treasury. so that to me is concerning because history would tell you the average amount of revenue coming into the treasury at 17.5%. i say that in the one last point. today we've got 24 hours to review this omnibus spending bill that's roughly 1.2 trillion dollars over 1000 pages. we've got to say the next 24 hours of we're going to support it. you can probably guess whether i will support it out. as we look ahead and look at the bill my question for you is just this. you came to the negotiating table along with the president of the united states of the administration with a certain set of priorities. republican leaders in the house of representatives came to the negotiating table at the white house and chuck schumer but that certain set of priorities. yesterday's report of the democratic caucus meeting the highlights for my democratic colleague. this no poison pills on antiabortion lgbtq or di policy writers significant increase in child care medic, dod climate resilience, humanitarian assist
a very rosy revenue model as a percentage of gdp coming into the treasury. so that to me is concerning because history would tell you the average amount of revenue coming into the treasury at 17.5%. i say that in the one last point. today we've got 24 hours to review this omnibus spending bill that's roughly 1.2 trillion dollars over 1000 pages. we've got to say the next 24 hours of we're going to support it. you can probably guess whether i will support it out. as we look ahead and look at the...
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Apr 13, 2024
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to the united states treasury. and for the first two years of the law, i track the cost of return and fugitives and then all the record does disappear as though somebody came along and said, we shouldn't keep these anymore. i mean, that's my conspiratorial best because i went everywhere in the archives, in the old national archives and the new national archives. they're nowhere to be found. nobody that everybody thinks they should be there, but they're not there. but no, the cost the cost comes is covered by the federal government and the catcher himself pays is paid by the slave holder to return them. and that cost also be part of the expenses. it's a wonderful it's a wonderful system. i am wondering how the secessionist states figured that secession would solve this fugitive slave problem. and i realize logic may not be the answer for that. the recording. yes, you're right. logic. logic isn't isn't part of calculation. there were. many people in the south and i am you're going to hear this in other lectures who s
to the united states treasury. and for the first two years of the law, i track the cost of return and fugitives and then all the record does disappear as though somebody came along and said, we shouldn't keep these anymore. i mean, that's my conspiratorial best because i went everywhere in the archives, in the old national archives and the new national archives. they're nowhere to be found. nobody that everybody thinks they should be there, but they're not there. but no, the cost the cost comes...
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Apr 16, 2024
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treasury and the architecture we got bored with that analogy knocking things down and building things up. i think there is a problem rearranging chairs on the titanic i'm not so attracted to the idea of making small changes in the institution as i am thinking about how to generate political will and emerging societies and the major societies amongst the leadership as well as the people for global cooperation. part of that is what is the threat? the threat is real on climate, on conflicts, may be on disease although i think everyone wants to forget about that now. and on migration which is another looming question. the threats are there and connecting those threats with actions government can take and can only take because they are global threats was a huge challenge but that's what leaders need to be due. >> i would like to ask you carolyn says we should not be out rearranging the chairs on the titanic. running with the finer details of organizations in some ways. as a big report from the committee that says we should not be ripping apart the organization. we should try to be more eff
treasury and the architecture we got bored with that analogy knocking things down and building things up. i think there is a problem rearranging chairs on the titanic i'm not so attracted to the idea of making small changes in the institution as i am thinking about how to generate political will and emerging societies and the major societies amongst the leadership as well as the people for global cooperation. part of that is what is the threat? the threat is real on climate, on conflicts, may...
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Apr 15, 2024
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there's a group of red states secretaries of the treasury who have said that if if you're a bank and you're refusing to lend to fossil fuel companies, we're going to take out our state funds from your bank. and if you're a management company and you're trying to create these portfolios, don't include fossil fuel companies, then our attorney generals of our states are to sue you because. you're not doing the best for your clients. so i think these kinds of activities are having an because we know that because having such a strong reaction from the other side. yeah. and of those really big ones like blackrock and some of the others have pulled out, they've, they've gone back on their climate and so forth because of this. so you probably remember quite a few years ago, you and i wrote some papers, central banking. i remember very and we were writing about the ways in which the the independence, the political of central banks led to the private banking sector having a disproportionate influence on monetary and banking policy and that interest to promote their own agendas. so independent
there's a group of red states secretaries of the treasury who have said that if if you're a bank and you're refusing to lend to fossil fuel companies, we're going to take out our state funds from your bank. and if you're a management company and you're trying to create these portfolios, don't include fossil fuel companies, then our attorney generals of our states are to sue you because. you're not doing the best for your clients. so i think these kinds of activities are having an because we...
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Apr 9, 2024
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last year the fdic worked with the treasury department with inserts detailing the benefits of opening a bank account along with 6.2 million federal checks already being sent to households. the partnership is continuing this year and we believe the message is getting through the fields we've experienced significant content for granting us and graces and visits to the webpages containing information on how to open an account. so let me fast forward to today. taking stock of where we are now, i can report that over the decade ending in 2021, the un- banked rate has fallen in the united states by nearly half from 8.2% to 4.5%. the decrease among the populations that have historically had higher rates was also pronounced and let me share those with you. it declined from 21.3 to 11.3% during this period. the hispanic rate of decline from 20.4 to 9.3% for those earning less than 30,000 per year, the rate went to 13.5 and for working age households with a disability, the un- banked rate dropped from 18.9 to 14.8%. for single parent households the un- banked rate fell from 25.5 to 14.9 and for
last year the fdic worked with the treasury department with inserts detailing the benefits of opening a bank account along with 6.2 million federal checks already being sent to households. the partnership is continuing this year and we believe the message is getting through the fields we've experienced significant content for granting us and graces and visits to the webpages containing information on how to open an account. so let me fast forward to today. taking stock of where we are now, i...
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Apr 23, 2024
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treasuries are not a good investment? we've already seen the consequences over the last couple of years. interest rates go up. inflation goes up. home mortgages become more expensive. are we at least a little bit worried that the bond markets could react negatively to us seizing tens of billions or hundreds of billions of dollars of assets? we certainly should be worried about it because we already can't afford the deficit spending in this country to begin with. treasury yield rates are already extraordinarily high. and thanks to the biden spending programs, they've actually shown a remarkable stubbornness over the last few months. here's another unintended consequence. germany has, it's an important american ally and it has by some standard the fourth or fifth largest economy in the entire world. a very, very important country. a very important ally. and, by the way, a beautiful country with beautiful people. but germany, under the influence of a series of so-called green energy policies, is rapidly deindustrializing. ge
treasuries are not a good investment? we've already seen the consequences over the last couple of years. interest rates go up. inflation goes up. home mortgages become more expensive. are we at least a little bit worried that the bond markets could react negatively to us seizing tens of billions or hundreds of billions of dollars of assets? we certainly should be worried about it because we already can't afford the deficit spending in this country to begin with. treasury yield rates are already...
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Apr 8, 2024
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fiscal year we will work so we are not reliant on further pandemic funds that come from the federal treasury. a possible half $1 billion shortage is forecast for 2025 according to your budget committee's five-year baseline projection. this forecast is a consequence of our economy, the phaseout of federal funds and the temporary sales tax and our projected spending needs. as a result, our budgetary work we present to you a budget that spends $3 billion less than the state did last year. i ask you to work with me to develop innovative ways to empower our agency heads and all of state employees to identify efficiencies and cost savings in our ongoing operations. some of those savings might well be used on more important and immediate priorities without increasing the base spending and be available in future years to cope with potential shortfalls. we shall continue to work within the constitutional restraints to budget responsibly. now, speaking of the constitution, and constitutional parameters, it is time for us to open the dialogue about reforming our bloated and outdated and antiquated and
fiscal year we will work so we are not reliant on further pandemic funds that come from the federal treasury. a possible half $1 billion shortage is forecast for 2025 according to your budget committee's five-year baseline projection. this forecast is a consequence of our economy, the phaseout of federal funds and the temporary sales tax and our projected spending needs. as a result, our budgetary work we present to you a budget that spends $3 billion less than the state did last year. i ask...
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Apr 28, 2024
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aforementioned spy would take would make copies of franklin's correspondence right drive them to the to the treasury gardens in into a bottle under a tree. from there they would be delivered posthaste to. so london has an exceeding good idea of what's happening on franklin's end and and he has a sense of that he operates as if as he puts it, even his valet might be a spy. he just assumes everyone is informing on him. so how is he successful? through an extraordinary amount of candor about what he's doing and. as i said, by a certain amount of secrecy, by just not always putting his cards on the table, except when forced to. what was franklin's back here he sent by the americans because he's the perfect man for the job, he has a better understanding of europe than any other american. he's nearly 16 years in london. prior the revolution, he's crossed the ocean seven times. no other american has this much familiarity with europe in. incongruous he can be viewed with suspicion for that very reason. he's a little too worldly. he's a little too european. then by the time he comes back from france, he's al
aforementioned spy would take would make copies of franklin's correspondence right drive them to the to the treasury gardens in into a bottle under a tree. from there they would be delivered posthaste to. so london has an exceeding good idea of what's happening on franklin's end and and he has a sense of that he operates as if as he puts it, even his valet might be a spy. he just assumes everyone is informing on him. so how is he successful? through an extraordinary amount of candor about what...
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Apr 19, 2024
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last year, it felt like a bit after wake-up call, we had a variety of events from treasury auctions to down grades and a big upward move and felt like we're finally meeting the moment when the world is recognizing that our fiscal situation is unsustainable. let me put the question as broadly as possible starting with the panel, starting with you, gosh. how much closer is a fiscal crisis or punch point with everything going on right now and should we be worried? >> in order and in answer to your questions, i have no idea and, yes. [laughter] >> i'll expand on that a little bit. just to say, first of all, natasha, thank you to you and your colleagues at yale. i'm in complete agreement with greg on the immediate value and i think the potential great value of what you're doing, so, i'm pleased to have a chance to be here to support the initiative. and greg, my experience is the same as yours. my career goes even farther back, and fiscal policy has always been-- not always been, but has been unsustainable for at least the last 20, maybe 25 years. and well, i would say with a brief exception
last year, it felt like a bit after wake-up call, we had a variety of events from treasury auctions to down grades and a big upward move and felt like we're finally meeting the moment when the world is recognizing that our fiscal situation is unsustainable. let me put the question as broadly as possible starting with the panel, starting with you, gosh. how much closer is a fiscal crisis or punch point with everything going on right now and should we be worried? >> in order and in answer...
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Apr 30, 2024
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he also is in the process of helping through treasury state small business credits. also addressing the issues to help military spending 37,000. so, for a lot of black people, they really don't know what he has done. how they need to do their homework. i don't think they know much about politics. >> there is a concern about georgia as far as a concern for black voters there. >> i am 61 years old. nobody i ever knew in my life has ever been polled so i do not believe the polls. i've never met anybody in my life at 61 years old. >> queen is next in virginia. independent line. hello. i am a registered nurse. the one thing that obama did was healthcare. that is enough for me. these young people do not understand, do they remember that? trump wanted them killed. we need to get civics back in school and the educator, you need to teach these kids how a bill was made. >> with respect, as far as president biden is why are you supporting him? >> because i know history. i am part of history. i did not understand what he was saying. >> go ahead and finish. >> that is all that i
he also is in the process of helping through treasury state small business credits. also addressing the issues to help military spending 37,000. so, for a lot of black people, they really don't know what he has done. how they need to do their homework. i don't think they know much about politics. >> there is a concern about georgia as far as a concern for black voters there. >> i am 61 years old. nobody i ever knew in my life has ever been polled so i do not believe the polls. i've...
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Apr 5, 2024
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shultz gets pulled into treasury, right? and then he ends up working for wal-mart. yeah. who? he had met at ohio, actually, because, you know, weinberger was with reagan. he got into a little spat with then-governor reagan right at. but he developed gloss over them. yeah. where you get that? yeah. i mean, the context here governor reagan is fighting a particular program when he wants kill a program california, which your father said, no, i don't want to kill this program. yeah yeah. so my father finds a diplomat way to make both things happen, which i actually think is another a line that that flows throughout this book. so there's a federal program that governor reagan wants to kill. and my dad working in ohio doesn't to kill it. so he says well, why don't we appoint a three judge panel in california to, republicans and a democrat to see this program is actually as bad. you say it was reagan was going after this program because it's good sample. governor reagan, a waste or whatever, right? yeah, yeah, yeah. and the three judge panel says, actually, no program's okay. so my da
shultz gets pulled into treasury, right? and then he ends up working for wal-mart. yeah. who? he had met at ohio, actually, because, you know, weinberger was with reagan. he got into a little spat with then-governor reagan right at. but he developed gloss over them. yeah. where you get that? yeah. i mean, the context here governor reagan is fighting a particular program when he wants kill a program california, which your father said, no, i don't want to kill this program. yeah yeah. so my...
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Apr 15, 2024
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the treasury department identified 10,000 of the small businesses from all over the country. their operating costs are dominated by research and development, but the biggest tax incentive for research and development is now one-fifth as valuable to them as it used to be. that's because of changes that were made by republicans during the trump administration. right now a rot of -- a lot of these research and development small businesses are telling every senator who will listen that they may not survaif if the senate fails to act. -- survive if the senate fails to act. in addition to small businesses, the bill will boost low-income housing, adding more than 200,000 new units across the country and incredibly, madam president, it's paid for by shutting down a pandemic-era tax fraud that is just riddled with problems. the congress has some difficult tax debates. there's a big one coming up in 2025. this bill, madam president, according to three 357 members of the other body -- this bill is the easy stuff. the list of groups supporting this bill is so broad, it almost takes your
the treasury department identified 10,000 of the small businesses from all over the country. their operating costs are dominated by research and development, but the biggest tax incentive for research and development is now one-fifth as valuable to them as it used to be. that's because of changes that were made by republicans during the trump administration. right now a rot of -- a lot of these research and development small businesses are telling every senator who will listen that they may not...
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Apr 22, 2024
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aforementioned spy would take would make copies of franklin's correspondence right drive them to the to the treasury gardens in into a bottle under a tree. from there they would be delivered posthaste to. so london has an exceeding good idea of what's happening on franklin's end and and he has a sense of that he operates as if as he puts it, even his valet might be a spy. he just assumes everyone is informing on him. so how is he successful? through an extraordinary amount of candor about what he's doing and. as i said, by a certain amount of secrecy, by just not always putting his cards on the table, except when forced to. what was franklin's back here he sent by the americans because he's the perfect man for the job, he has a better understanding of europe than any other american. he's nearly 16 years in london. prior the revolution, he's crossed the ocean seven times. no other american has this much familiarity with europe in. incongruous he can be viewed with suspicion for that very reason. he's a little too worldly. he's a little too european. then by the time he comes back from france, he's al
aforementioned spy would take would make copies of franklin's correspondence right drive them to the to the treasury gardens in into a bottle under a tree. from there they would be delivered posthaste to. so london has an exceeding good idea of what's happening on franklin's end and and he has a sense of that he operates as if as he puts it, even his valet might be a spy. he just assumes everyone is informing on him. so how is he successful? through an extraordinary amount of candor about what...
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Apr 23, 2024
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taxpayer dollars meaning printed money down the federal reserve and treasury, just churn those printing presses. send money out the door. and export to other countries our inflation. other countries use our dollar because we're the world reserve currency. and because they're trying to do business with us and among other countries in some common language, some common fiat currency, the common fiat currency of the world is the u.s. dollar. well, the more we print it and send out monopoly money, the more we export to other countries our inflation. every senator in this room makes $174,000 a year. that's our salary. by the way, our salary is the exact same as it was when i arrived in congress in 2009. congressional salaries have been frozen since 2009. $174,000 then is worth $122,000 today. that's how much inflation has eroded the paychecks of every member of congress. yet we think we can live with frozen salaries since 2009. why can't other people live with frozen dollars in federal agencies? do you know that our federal government is bigger than chi china's? this place has got to do some
taxpayer dollars meaning printed money down the federal reserve and treasury, just churn those printing presses. send money out the door. and export to other countries our inflation. other countries use our dollar because we're the world reserve currency. and because they're trying to do business with us and among other countries in some common language, some common fiat currency, the common fiat currency of the world is the u.s. dollar. well, the more we print it and send out monopoly money,...
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Apr 29, 2024
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he, through the gangs, means becoming such a key figure that in 2013, the us treasury, his assets rooted in california and exported salvador. the transnational violence they experienced as young people in war weary central america. then in gang war in california helped launch a transnational menace. despite those clear ties between the social fault lines of california just a few decades ago and the violence that constantly rattles central america today, politicians in united states insist on more of the same central american gangs, such as myself and the 18th street gang, largely serve as cross-border couriers, smuggling and people into the united states. biden, secretary of homeland security mike litterst told congress in his trademark viciousness. trump described gang members as animals. obama took a softer tone, but he also emphasized their crimes while ignoring their humanity. a bites. these are powerful tactics as policy continuing to deport gang members. this is what we've done in the past means that the future immigration policy is likely to look a like the present and that presid
he, through the gangs, means becoming such a key figure that in 2013, the us treasury, his assets rooted in california and exported salvador. the transnational violence they experienced as young people in war weary central america. then in gang war in california helped launch a transnational menace. despite those clear ties between the social fault lines of california just a few decades ago and the violence that constantly rattles central america today, politicians in united states insist on...
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Apr 20, 2024
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every nation is an air of a vast treasury, of ideas and of labor. to which both the living and dead of all nations have contributed, whether we realize it or not each of us lives eternally in the red. we are everlasting debtors to known and unknown men and women. when we arise in the morning we go into the bathroom where we reach a sponge. and it's been provided to us by a pacific island where we reach for soap that has been created for us by a european. and then at the table we drink coffee, which has come to us from a south american or tea from china or cocoa from the west. before we leave for jobs, we are already beholden to more than half the world. dr. king wrote these words decades before the words global economy became part of our national parlance. he understood concept of the connection between of humanity and our vocation and being not because he was an economist, but rather because he was a pastor. and as dr. king pastor, that i a pastor want to stop and remember and celebrate this day day our word pastor connotes a shepherd, one who care
every nation is an air of a vast treasury, of ideas and of labor. to which both the living and dead of all nations have contributed, whether we realize it or not each of us lives eternally in the red. we are everlasting debtors to known and unknown men and women. when we arise in the morning we go into the bathroom where we reach a sponge. and it's been provided to us by a pacific island where we reach for soap that has been created for us by a european. and then at the table we drink coffee,...