American democracy has a billionaire problem. It’s not just that they’re not paying their fair share of taxes: they’re trying to buy our highest courts to…
https://youtu.be/JkKRTONsL18 Umair Haque in Medium: DeSantis has made Florida economically attractive. At least in the short term. In an Age of Extinction, every penny you can save counts. Now, of course, it hardly takes a genius to see the problem that arises next: without a tax base, good luck having working infrastructure. And so Florida has…
A group of New York state Democrats is pushing proposals to prevent so-called “vulture funds” from trading in distressed sovereign debt for profit. The two bills in the New York Legislature would block hedge funds from purchasing sovereign debt for the purpose of litigating debt renegotiations and would create bankruptcy-like protections for sovereign debt emitters. […]