Thursday, March 16, 2017

Thursday roundup (03-16-2017)

Don’t get excited about the Dutch election result, Le Pen still has a 40% chance of victory: UBS (CNBC)

Bank of England votes 8-1 to hold interest rate at 0.25 percent (CNBC)

America First: A Budget Blueprint to Make America Great Again (The White House)

Trump Budget Is ‘Heavy Lift,’ Even for G.O.P. Congress (The New York Times) Capitol Hill Republicans not on board with Trump budget (The Washington Post) Trump’s dystopian budget is going nowhere (The Boston Globe)

What America would look like under the Trump budget (CNNMoney) Trump federal budget 2018: Massive cuts to the arts, science and the poor (The Washington Post) If you’re a poor person in America, Trump’s budget is not for you (The Washington Post blogs) Trump's 'hard power' budget makes sweeping cuts to EPA and State Department, boosts defense spending (The Los Angeles Times) Trump Takes a Gamble in Cutting Programs His Base Relies On (The New York Times) Trump Proposes Cutting Billions to Urban Areas He Vowed to Help (NBCNews) Trump Budget Cuts to Scientific, Medical Research Would Have ‘Devastating’ Effect: Experts (NBCNews)

PBS and the Corporation for Public Broadcasting push back on Trump's proposal to defund (The Los Angeles Times)

The 62 agencies and programs Trump wants to eliminate (USAToday)

Trump’s Budget Could Cut 200,000 Federal Jobs (Fortune)

Wall Street Worried It Might Be Underrepresented In Trump Administration (Dealbreaker) Team Trump’s Troubling Tentacles: The Goldman Sachs Vampire Squid (The New American)

Health bill short of votes, GOP leaders look to Trump (The Associated Press)

2 Federal Judges Rule Against Trump’s Latest Travel Ban (The New York Times) Trump vows appeal up to Supreme Court after loss on travel ban (Reuters)

Are Collapsing Pensions "About To Bring Hell To America"? (ZeroHedge blog)

     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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