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Wall Street Journal (August 23)

2021/ 08/ 23 by jd in Global News

The Government of Japan “is already on the hook to pay out nearly $10 trillion to its creditors.” This may appear *an impossibly large sum to rustle up” when annual tax collections amount to “less than $600 billion.” But today’s “economists talk more about the risk of issuing too little debt” and the U.S. may soon follow Japan’s lead. “Congress is debating trillions of dollars more in proposed spending that would push America’s borrowing toward levels policy makers in Tokyo have long embraced.”

 

LA Times (January 13)

2021/ 01/ 14 by jd in Global News

“Trump was rightly impeached. Now the Senate must do its job and convict…. There is no reasonable way to defend how Trump undermined the public’s faith in elections for his own gain, or how he recklessly stoked the passions of his followers in the hope of intimidating Congress into voiding Biden’s win.”

 

Wall Street Journal (January 8)

2021/ 01/ 10 by jd in Global News

With 13 days remaining in Trump’s presidency, “the best outcome would be for him to resign to spare the U.S. another impeachment fight.” Though impeachment could send a valuable “message to future Presidents that Congress will protect itself from populists of all ideological stripes willing to stir up a mob and threaten the Capitol or its Members.” Doing this “so late in the term” wouldn’t be “easy or without rancor…. It is best for everyone, himself included, if he goes away quietly.”

 

Los Angeles Times (July 16)

2019/ 07/ 17 by jd in Global News

“Demeaning, offensive, nativist, unbecoming a president”—President Trump’s words telling 4 members of Congress to go back to their own countries were all of that and more, but “they were not politically stupid.” The president “wants to run against something scarier than he is, which is why he” wants “to paint Democrats as radical socialists.” He “wants the most liberal and controversial House members to become the face of the Democratic Party so he, the most disruptive and norm-violating president of modern times, will seem like the political equivalent of comfort food, or at worst the devil you know.”

 

New York Times (June 9)

2019/ 06/ 11 by jd in Global News

“Americans have been far too vulnerable for far too long when they venture online. Companies are free today to monitor Americans’ behavior and collect information about them from across the web and the real world.” U.S. lawmakers have fallen behind their European peers. In fact, widespread compliance with the EU’s GDPR means that “technocrats in Brussels are doing more for Americans’ digital privacy rights than their own Congress.” Finally, however, “there finally seems to be enough momentum to pass a federal law.”

 

Washington Post (May 31)

2019/ 05/ 31 by jd in Global News

“If congressional Democrats will temper their enthusiasm for impeachment with lucidity about the nation’s needs and their political self-interest, they will understand the self-defeating nature of a foredoomed attempt to remove a president for aesthetic reasons. Such reasons are not trivial but they are insufficient, particularly when almost all congressional Republicans are complicit in, by their silence about, President Trump’s comportment.”

 

Washington Post (May 22)

2019/ 05/ 23 by jd in Global News

Despite the hubbub, “you shouldn’t expect impeachment anytime soon.” You may be certain President Trump has “already committed the ‘high crimes and misdemeanors’” necessary for impeachment, but that hurdle is “ill-defined. In the end, it amounts to ‘anything Congress thinks merits removal from office.’” This means “President Trump isn’t going to be impeached and removed from office unless the Republican Party decides it wants him gone.”

 

Newsweek (April 17)

2019/ 04/ 19 by jd in Global News

“The Mueller Report will be interesting for what it tells us about the evidence Congress will be considering in determining whether to impeach Donald J. Trump for obstruction of justice.” Most of “the offenses, including the felony campaign crimes we already know Trump has been accused of by federal prosecutors, are more serious than the offenses the Republicans impeached President Bill Clinton for not long ago.”

 

Bloomberg (March 3)

2019/ 03/ 05 by jd in Global News

The submission of Special Counsel Robert Mueller’s “long-awaited final report…will be only the start of an explosive chain of events. There will be a struggle in Congress, on cable TV and social media and probably in the courts over how much must be disclosed. There also will be an epic political fight over whether the findings implicate President Donald Trump in wrongdoing that may even merit his impeachment.”

 

Bloomberg (February 7)

2019/ 02/ 09 by jd in Global News

Stock buybacks are under attack in Congress, but the market has already “soured on the strategy. Last year’s trillion-dollar splurge didn’t stop the stock market from falling for the year.” Furthermore, the S&P 500 Buyback Index shows that firms conducting buybacks have been outpaced by the market two years in a row. “With stocks expensive, using shareholders’ money to buy at inflated prices is a bad deal. The buyback phenomenon could die a natural death.”

 

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