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Trillion-dollar Coin
The trillion-dollar coin is a concept that emerged during the United States debt-ceiling crisis of 2011 as a proposed way to bypass any necessity for the United States Congress to raise the country's borrowing limit, through the minting of very high-value platinum coins. The concept gained more mainstream attention by late 2012 during the debates over the United States fiscal cliff negotiations and renewed debt-ceiling discussions. After reaching the headlines during the week of January 7, 2013, use of the trillion-dollar coin concept was ultimately rejected by the Federal Reserve and the Treasury. The concept of the trillion-dollar coin was reintroduced in March 2020 in the form of a congressional proposal by congresswoman Rashida Tlaib during the shutdown caused by the COVID-19 pandemic in the United States. Tlaib sought to fund monthly $2,000 recurring stimulus payments until the end of the pandemic. The idea gained further traction in late 2021 with propositions by Bloomberg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trillion Dollar Coin
The trillion-dollar coin is a concept that emerged during the United States debt-ceiling crisis of 2011 as a proposed way to bypass any necessity for the United States Congress to raise the country's borrowing limit, through the minting of very high-value platinum coins. The concept gained more mainstream attention by late 2012 during the debates over the United States fiscal cliff negotiations and renewed debt-ceiling discussions. After reaching the headlines during the week of January 7, 2013, use of the trillion-dollar coin concept was ultimately rejected by the Federal Reserve and the Treasury. The concept of the trillion-dollar coin was reintroduced in March 2020 in the form of a congressional proposal by congresswoman Rashida Tlaib during the shutdown caused by the COVID-19 pandemic in the United States. Tlaib sought to fund monthly $2,000 recurring stimulus payments until the end of the pandemic. The idea gained further traction in late 2021 with propositions by Bloombe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seigniorage
Seigniorage , also spelled seignorage or seigneurage (from the Old French ''seigneuriage'', "right of the lord (''seigneur'') to mint money"), is the difference between the value of money and the cost to produce and distribute it. The term can be applied in two ways: * Seigniorage derived from specie (metal coins) is a tax added to the total cost of a coin (metal content and production costs) that a customer of the mint had to pay, and which was sent to the sovereign of the political region. * Seigniorage derived from notes is more indirect; it is the difference between interest earned on securities acquired in exchange for banknotes and the cost of printing and distributing the notes. "Monetary seigniorage" is where sovereign-issued securities are exchanged for newly printed banknotes by a central bank, allowing the sovereign to "borrow" without needing to repay. Monetary seigniorage is sovereign revenue obtained through routine debt monetization, including expansion of the money ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brad Delong
James Bradford "Brad" DeLong (born June 24, 1960) is an economic historian who is a professor of economics at the University of California, Berkeley. DeLong served as Deputy Assistant Secretary of the U.S. Department of the Treasury in the Clinton Administration under Lawrence Summers. Education DeLong graduated from Harvard College in 1982, and also received an M.A. and a Ph.D. in economics also from Harvard. He then taught economics at universities in the Boston area, including MIT, Boston University, and Harvard University, from 1987 to 1993. He was a John M. Olin Fellow at the National Bureau of Economic Research in 1991–1992. Career DeLong joined UC Berkeley as an associate professor in 1993. From April 1993 to May 1995, he served as Deputy Assistant Secretary for Economic Policy at the U.S. Department of the Treasury in Washington, D.C. As an official in the Treasury Department in the Clinton administration, he worked on the 1993 federal budget, the unsuccessful he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warren Mosler
Warren Mosler (born September 18, 1949) is an American hedge fund manager and entrepreneur. He is a co-founder of the Center for Full Employment And Price Stability at University of Missouri-Kansas City. and the founder of Mosler Automotive. Mosler is a proponent and research financier of post-Keynesian Modern Monetary Theory. He was awarded an honorary doctorate by the Franklin University Switzerland, and in 2014 was appointed Visiting Professor at the University of Bergamo, Italy. Mosler has run as an independent for multiple offices including: United States president, a delegate to Congress three times, and lieutenant governor. In 2018, he ran unsuccessfully for governor of the U.S. Virgin Islands as an independent. Early life Mosler attended the University of Connecticut where he graduated with a degree in economics. He initially went on to work at the Savings Bank of Manchester in Manchester, Connecticut in 1973. Next he went on to work in Hartford for Bache and Co. befor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bo Gritz
James Gordon "Bo" Gritz (; born January 18, 1939) is an American former United States Army Special Forces officer and presidential candidate. After serving in the Vietnam War and retiring from the military, Gritz has worked on attempted POW rescues in conjunction with the Vietnam War POW/MIA issue. Gritz ran for United States president under the Populist Party in 1992 under the slogan: "God, Guns and Gritz," and published an isolationist political manifesto titled "The Bill of Gritz".Newell G. Bringhurst and Craig L Foster (2008). ''The Mormon Quest for the Presidency'' (Ann Arbor, Mich.: John Whitmer Books, ) pp. 208–226. Gritz lives in Sandy Valley, Nevada and has four children. Early life Gritz was born on January 18, 1939, in Enid, Oklahoma. His father served in the Army Air Force in World War II and was killed in action. He was raised by his maternal grandparents. After being expelled from his local high school, Gritz attended and graduated from Fork Union Military Acad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Populist Party (United States, 1984)
The Populist Party was a political party in the United States between 1984 and 1996. It was conservative and often white nationalist in its ideology. The party was unrelated to the original American Populist Party or other American parties that have used the same name. Willis Carto helped found the Populist Party, which eventually served as an electoral vehicle for the former Knights of the Ku Klux Klan leader, David Duke. The party was also known as the "America First" party. 1984 presidential election In the 1984 presidential election, athlete and minister Bob Richards ran for president of the United States on the newly formed far-right, Populist Party ticket. He and running mate Maureen Salaman earned 62,646 votes. 1988 presidential election In the 1988 presidential election, white nationalist David Duke was the Populist Party's nominee for President of the United States. In some states, the vice presidential nominee was Floyd Parker, while in other states it was Tren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standing (law)
In law, standing or ''locus standi'' is a condition that a party seeking a legal remedy must show they have, by demonstrating to the court, sufficient connection to and harm from the law or action challenged to support that party's participation in the case. A party has standing in the following situations: * The party is directly subject to an adverse effect by the statute or action in question, and the harm suffered will continue unless the court grants relief in the form of damages or a finding that the law either does not apply to the party or that the law is void or can be nullified. This is called the "something to lose" doctrine, in which the party has standing because they will be directly harmed by the conditions for which they are asking the court for relief. * The party is not directly harmed by the conditions by which they are petitioning the court for relief but asks for it because the harm involved has some reasonable relation to their situation, and the continued exis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard Law School
Harvard Law School (Harvard Law or HLS) is the law school of Harvard University, a private research university in Cambridge, Massachusetts. Founded in 1817, it is the oldest continuously operating law school in the United States. Each class in the three-year JD program has approximately 560 students, among the largest of the top 150 ranked law schools in the United States. The first-year class is broken into seven sections of approximately 80 students, who take most first-year classes together. Aside from the JD program, Harvard also awards both LLM and SJD degrees. Harvard's uniquely large class size and prestige have led the law school to graduate a great many distinguished alumni in the judiciary, government, and the business world. According to Harvard Law's 2020 ABA-required disclosures, 99% of 2019 graduates passed the bar exam. The school's graduates accounted for more than one-quarter of all Supreme Court clerks between 2000 and 2010, more than any other law schoo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Laurence Tribe
Laurence Henry Tribe (born October 10, 1941) is an American legal scholar who is a University Professor Emeritus at Harvard University. He previously served as the Carl M. Loeb University Professor at Harvard Law School. A constitutional law scholar,Gregory, Vanessa (December 6, 2010Indefensible, ''The American Prospect'' Tribe is co-founder of the American Constitution Society. He is also the author of ''American Constitutional Law'' (1978), a major treatise in that field, and has argued before the United States Supreme Court 36 times. Tribe was elected to the American Philosophical Society in 2010. Personal life and education Tribe was born in 1941 in Shanghai, which was then part of the Republic of China but had been taken over by the Empire of Japan in 1937 following the Battle of Shanghai. He was the son of Paulina (''née'' Diatlovitsky) and George Israel Tribe. His family is Jewish. His father was from Poland and his mother was born in Harbin to immigrants from Eastern Eu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Washington Post
''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large national audience. Daily broadsheet editions are printed for D.C., Maryland, and Virginia. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. Financier Eugene Meyer purchased it out of bankruptcy in 1933 and revived its health and reputation, work continued by his successors Katharine and Phil Graham (Meyer's daughter and son-in-law), who bought out several rival publications. The ''Post'' 1971 printing of the Pentagon Papers helped spur opposition to the Vietnam War. Subsequently, in the best-known episode in the newspaper's history, reporters Bob Woodward and Carl Bernstein led the American press's investigation into what became known as the Watergate scandal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Party (United States)
The Democratic Party is one of the two major contemporary political parties in the United States. Founded in 1828, it was predominantly built by Martin Van Buren, who assembled a wide cadre of politicians in every state behind war hero Andrew Jackson, making it the world's oldest active political party.M. Philip Lucas, "Martin Van Buren as Party Leader and at Andrew Jackson's Right Hand." in ''A Companion to the Antebellum Presidents 1837–1861'' (2014): 107–129."The Democratic Party, founded in 1828, is the world's oldest political party" states Its main political rival has been the Republican Party since the 1850s. The party is a big tent, and though it is often described as liberal, it is less ideologically uniform than the Republican Party (with major individuals within it frequently holding widely different political views) due to the broader list of unique voting blocs that compose it. The historical predecessor of the Democratic Party is considered to be th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republican Party (United States)
The Republican Party, also referred to as the GOP ("Grand Old Party"), is one of the two major contemporary political parties in the United States. The GOP was founded in 1854 by anti-slavery activists who opposed the Kansas–Nebraska Act, which allowed for the potential expansion of chattel slavery into the western territories. Since Ronald Reagan's presidency in the 1980s, conservatism has been the dominant ideology of the GOP. It has been the main political rival of the Democratic Party since the mid-1850s. The Republican Party's intellectual predecessor is considered to be Northern members of the Whig Party, with Republican presidents Abraham Lincoln, Rutherford B. Hayes, Chester A. Arthur, and Benjamin Harrison all being Whigs before switching to the party, from which they were elected. The collapse of the Whigs, which had previously been one of the two major parties in the country, strengthened the party's electoral success. Upon its founding, it supported c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
