We think of thieves as conducting their work when no one is looking, such as breaking into a house while the owners are away. But the most successful thieves have done their stealing in plain sight, on a grand scale, while the owners were home and often with their tacit approval, though with sleights of hand that few are able to detect.
Currency
More BRICS in the Wall
The leaders of China, Russia, India and Brazil met to discuss common interests with dozens of dignitaries in South Africa. The meeting was a three-day summit seeking to cobble together currently unaligned powers who would counter Western influence worldwide.
DISQUS Doodlings – No, bartering never left the economic scene
Will the pandemic bring back bartering? The short and to the point answer is: it never went away. Our economic systems started with it and it has continued to this day: two people eyeing what the other person has, figuring out the relative values of each thing, and then trying to do a swap of “equal” value.
Winning: China’s Economy is Teetering – Want to Talk About a Trade Deal
As noted last night, America is not alone in our trade war with China. Everyone that trades with the Chinese could do better. And as of this morning, China is ready to talk to Donald Trump. Their currency and markets are collapsing.
On Two Recent Court Decisions That Deal with ‘In God We Trust’ On U.S. Currency
Two cases came down last week in separate circuit courts on the subject of the motto ‘In God We Trust’ as presented in various forms of US currency.
On May 28th, the 6th Circuit ruled that “In God We Trust” on US currency was not a burden to plaintiffs under the Religious Freedom Restoration Act of 1993 and dismissed their case. If you like to get into the weeds the decision makes for interesting reading.
The court’s examination could also be useful to Gov. Sununu as he prepares to sign trans legislation that could place an unreasonable burden on free speech, association, and possibly burden business owners in a way that could force the state into a lengthy legal challenge that is entirely unnecessary.
Greece To Leave EuroZone June 18
That’s the headline. And some folks sound happy to see the freeloaders gone. “The basic question is that a German has to increase working from 65 to 67 and that is to pay for Greeks retiring at 50. The 17th of June is the perfect opportunity to say either ‘we’ll behave’ or ‘we’ll carry on … Read more