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Fed expected to raise interest rates

(NPR) One year after raising the benchmark interest rate for the first time in nearly a decade, the Federal Reserve is widely expected to nudge rates higher again Wednesday. The move would come as the unemployment rate has stayed below 5 percent for much of…

Venezuela’s Bolivar Redenomination Will Fail

Venezuela – ravaged by socialist policies, corruption, and incompetence – is currently embroiled in the world’s 57th episode of hyperinflation. Since the beginning of November, the bolivar has lost 55.2 percent of its value on the black market (read: free market), worsening the situation in a…

Setting Bad Examples: More on the Carrier Episode

Here’s a letter to the editor I sent to the Washington Post that they didn’t publish, responding to a piece by their business columnist Steven Pearlstein. To the editor: Steven Pearlstein (Dec. 2) writes with apparent approval of the prospect that President Trump will “make an example…

TECH GODS TO TOWER…

New York (AFP) - US President-elect Donald Trump sits down Wednesday with top tech executives -- including several of his sharpest critics -- to mend fences after a divisive election in which the majority of Silicon Valley backed Hillary Clinton. The afternoon summit, which is…

Michael Moore: ‘Trump is gonna get us killed’

(AOL) Addressing the concerns related to skipping intelligence briefings, Donald Trump recently told Chris Wallace of ‘Fox News Sunday,’ in part, “I’m, like, a smart person. I don’t have to be told the same thing in the same words every single day for the next…

Unarmed elderly man with dementia killed by police

(USA TODAY) Police in Bakersfield, Calif., found a crucifix on an unarmed 73-year-old retiree with dementia shot dead by an officer, after police said the man ignored their requests to remove his hands from his jacket. An officer fired seven rounds into Francisco Serna early…

One Lesson for General John Kelly to Consider as Head of DHS

President-elect Donald Trump announced that his will appoint John Kelly, retired Marine Corps general and former commander of United States Southern Command, to lead the Department of Homeland Security (DHS).  Kelly has made many statements in support of increasing border security, and appears to believe…

Cops drag woman off Delta flight in Detroit

(ABC NEWS) video has surfaced showing an airport police officer dragging a passenger by her wrists face-up along a carpeted aisle to the front of a plane. The video then shows a second officer grabbing the passenger by the ankles to help lift her to…

AMAZON FIRST DRONE DELIVERY…

[embedded content]Amazon's video about the project says that it's only servicing a few customers in the area right now, but will soon be open to dozens more who live within a few miles of the Cambridge fulfillment center. Naturally, this center is custom-built to handle…