On August 14, 1997, shortly after the Thai baht collapsed on July 2nd, Indonesia floated the rupiah. This prompted Stanley Fischer, then the Deputy Managing Director of the International Monetary Fund and presently Vice Chairman of the U.S. Federal Reserve, to...
Barack Obama campaigned for the presidency in 2008 as a peace candidate. He signaled that he would fundamentally change America’s course after the reckless carnage unleashed by the George W. Bush administration. However, by the end of Obama’s presidency, the United...
In a 344-81 vote yesterday, the House of Representatives passed their version of the 2018 National Defense Authorization Act (NDAA), a $696 billion spending bill which far exceeds the amount of money sought by the Pentagon and the Trump Administration.The bill has a...