The Federal Reserve (Fed) has the power to adjust the interest rates that banks charge each other. This impacts rates charged to consumers and businesses. The Fed adjusts rates as a tool to ensure economic stability in the US.
Social science is the study of relationships within a society including economics, political science, and more. Many social sciences like philosophy are also considered humanities (the study of culture).
Most people know to vote for President every four years in the US. However, there is a lot more to vote on than that each year. In every state there are federal elections every two years. In some states there are also local off-year elections. Plus there are primaries before the actual elections that decide who gets on the ballot. Plus there are special elections sometimes when there are vacant seats!
There are a number of traps created from both taxation and assistance that inhibit class mobility. We might generally call these welfare traps, tax traps, and debt traps.
I would argue that most sources of information and any information they contain should not be dismissed due our thoughts on them in general or a portion of their content. Instead, I would argue that any source is capable of presenting good and useful information, even if they typically don’t.
President Trump has claimed that Democrats are responsible for his administration’s policy of separating migrant families apprehended at the border. However, this is mostly false, as existing laws were passed by both parties, weren’t commonly enforced to their full extent in the past, and don’t actually require families to be separated. In short, there is no law that requires families to be separated, and it was Trump’s administration who enacted the current “zero tolerance” policy.
The Athenian Constitution tells the story of how Solon liberated the people by cancelling all debts, public and private. This was called the Seisachtheia [the removal of burdens or relief of burdens]. It is an example of what we might today call “a great reset.”
Some claim we are in the middle of an “everything bubble” (an economic bubble, not of an asset, but of everything). We examine this claim and offer opinions.
The American left and right aren’t synonymous with the political left right. Rather, they describe “big tents” that contain a broad spectrum of political views.
A favorite political term used by the political left to insult the right is “fascist.” We look at why left-wingers call right-wingers “fascists.”
The U.S. Pledge of Allegiance is an oath of allegiance written by Christian socialist minister Francis Bellamy in August 1892. It was meant to paired with a salute.