Tuesday, January 31, 2017

Tuesday roundup (01-31-2017)

EU disintegration? Here's the probability of France's far right ending the largest civilization project of the 20th century (CNBC)

Trump Nominates Neil Gorsuch for U.S. Supreme Court: In what could be one of his most enduring legacies, the president announced Tuesday night he had selected the 49-year-old federal judge to fill Antonin Scalia’s vacant seat. (The Atlantic) Neil Gorsuch is Trump's SCOTUS nominee. Background, bio, facts and political views (Politico) What you need to know about Colorado judge Neil Gorsuch, Donald Trump’s pick for the Supreme Court: The fourth-generation Coloradan and conservative jurist has written against euthanasia and in favor of political term limits (The Denver Post) Neil Gorsuch & Abortion: 5 Fast Facts You Need to Know (Heavy)

The Wrongly Fired Attorney General Lawfully Refused To Defend The Muslim Exclusion Order (Forbes) Democrats Stall a Sessions Vote After Trump Fires Yates (Bloomberg) Democrats Skip Votes, Delaying Confirmation of Trump Nominees (The New York Times)

Trump sacking acting A.G. raises new questions about his respect for the rule of law (The Washington Post) Donald Trump firing Attorney General Sally Yates has led to breakdown of rule of law, say legal experts: The sacking of attorney general Sally Yates violates 'a principle that everything else in our democracy depends on', said Matthew Miller (The Independent) Trump’s firing of the acting attorney general sets a dangerous precedent (The Washington Post) Donald Trump Could Threaten U.S. Rule of Law, Scholars Say [June 3, 2016] (The New York Times) Nixon White House lawyer [John Dean]: Trump's firing of acting AG Yates a 'new low' (The Hill) Trump threatens independence of Justice Department with firing (MSNBC)

White House aides who wrote Trump's travel ban see it as just the start (The Los Angeles Times)

Big Pharma CEOs Met With Trump But They Won’t Give In to His Demands (Fortune)

Five big questions about Trump’s executive order on regulation: What does "regulation" even mean? Don't count on the order to tell you. (Politico)

     The aim of this blog is to show (mostly from reports in mainstream respected news sources) that there is reason to believe that both the United States and the global economies remain fragile in the wake of the financial crisis of 2008 and that a number of threats exist today that could, if they worsened, bring about economic depression -- not just a minor depression, but a depression worse than the Great Depression. Key threats include excessive risk-taking by financial firms, unchecked by effective regulation; the continued existence of "too big to fail" institutions; and most especially, the amassing of levels of public and private debt which could become unsustainable.

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