Tuesday, April 25, 2017

Tuesday roundup (04-25-2017)

Republicans offer spending plan without border wall as Trump continues to vow that it will be built (The Washington Post) Trump Signals Shift on Wall Funding to Avert Government Shutdown (Bloomberg)

A Federal Judge Blocked Trump's 'Sanctuary Cities' Executive Order: The Justice Department said it would withhold jurisdictions’ federal funding if they don’t start playing ball with immigration authorities. In his ruling, Judge William Orrick said those threats were empty. (The Atlantic)

Trump Is Said to Abandon Contentious Border Tax on Imports (The New York Times)

Only 37 percent say Trump should repeal and replace Obamacare (POLL) (ABCNews) Even in Trump’s base, his path forward on health care is awfully unpopular (The Washington Post)

At Holocaust Remembrance Ceremony, Trump Vows To Confront Anti-Semitism (National Public Radio) Trump: Those who deny Holocaust are accomplice to evil: US President Trump is the keynote speaker at this year's Days of Remembrance ceremony, held by the US Holocaust Memorial Museum. (The Jerusalem Post)

Conservative media figures disappointed with Trump meeting (The Hill)

Great-West Lifeco to cut 1,500 jobs in Canada (Reuters)

Coke goes 'lean,' to cut 1,200 jobs as part of $800 million cost-savings plan (CNBC)

     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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