The New York Fed is launching a 12-week proof-of-concept trial of a Central Bank Digital Currency (CBDC) just as lawmakers clamor for more control over cryptocurrency in the wake of the $35 billion FTX bankruptcy.Continue Reading
Forbes reports that the video sharing app TikTok, which boasts more than 1 billion monthly users, is being used by pedophiles and predators to share pornographic videos featuring children.Continue Reading
An interfaith group of religious environmental activists broke mock stone tablets on a mountain in Egypt believed by some to be Mount Sinai, symbolizing the need for “climate repentance.”Continue Reading
A hedge fund founded by Wall Street billionaire Paul Singer warned its clients this week that the sudden end of cheap money has “made possible a set of outcomes that would be at or beyond the boundaries of the entire post-WWII period.”Continue Reading
The expected “red wave” failed to materialize Tuesday night. Although Republicans are expected to win a majority of the House, Democrats may keep a slim edge in the Senate. In other news, God is still on His throne.Continue Reading
A new study finds that only 29% of American adults believe the Bible should be the foundation for determining right and wrong. 42% say “what you feel in your heart” should be the main determinant of moral values.Continue Reading
German Chancellor Olaf Scholz’s visit to Beijing last week may be the opening move in an effort to replace the US with China as a key ally and trade partner.Continue Reading
President Biden this week condemned political violence as a threat to democracy, but strangely enough, he failed to mention threats to Republican politicians or $2 billion property damage from “fiery but mostly peaceful protests” by liberals.
The Pentagon confirmed earlier this week that American troops are on the ground in Ukraine to inspect stockpiles of weapons sent by the US. The proxy war between the US and Russia threatens to get hot.Continue Reading
The Intercept reports that the Department of Homeland Security is broadening efforts to clamp down on speech it considers dangerous by partnering the big tech platforms. This isn’t news to anyone who’s been paying attention.Continue Reading