The Fed is on the hook for an estimated one-and-a-half trillion dollars. Despite the recent headlines, that's not because of building renovations. It's a much larger cost blowout caused by big actions taken during the pandemic to help the economy: quantitative easing.
Today on the show, we talk to both a critic of these actions and someone who helped put those those actions in play.
The Trump administration has withdrawn its promised $4 billion for the California Bullet Train project because this project does not have a viable future. While they may complete the 171-mile Central Valley portion, the rest of the project is dead in the water.
President Trump is proposing a $1.5 million levy on Chinese-built ships that enter US harbors. Since a majority of cargo ships have been produced by Chinese shipyards, the costs would be substantial. This action also would damage US exports, yet another unintended consequence of US policies.
The Federal Trade Commission has fined the makers of the video game Fortnite more than $500 million ostensibly for violations that have no legal basis. This is yet another case of the feds shaking down producers in the name of “consumer protection.”
Family associations were once the backbone of social and economic organization for Chicago’s Chinatown. Their evolution over the decades tells the history of the community.
This week, Rob shines a light on the many ways singer-songwriters have utilized the concept of the word ‘home’ to convey where the heart and the human spirit truly reside. These musings serve as a springboard for a thorough analysis of country superstar Miranda Lambert’s hit song from 2010 ‘The House That Built Me’, and the defiantly authentic discography that preceded it. He’s then joined by friend and culture writer Elamin Abdelmahmoud from CBC’s ‘The Commotion’ podcast to expound further on Lambert’s infectious Texas charm.
Host: Rob Harvilla Guest: Elamin Abdelmahmoud Producer: Chris Sutton, Olivia Crerie, and Justin Sayles
Private equity is a risky business. There are high-highs and low-lows. A retirement plan, on the other hand, is meant to be a reliable beast. But President Trump believes your 401(k) can handle it! On today's show, the president's expected executive order could help offer some legal cover for fund managers who include private equity in your retirement portfolio. What are the risks and benefits?
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