Posts Tagged ‘goverment’

The Art of the Threat

May 3, 2017

The Art of the Threat
Borrowing a stratagem from every petty thug with a protection racket, President Donald Trump has threatened to shut down the federal government in October if he doesn’t get his way:

“President Trump on Tuesday called for a government shutdown later this year and suggested the Senate might need to prohibit future filibusters, dramatic declarations from a new commander in chief whose frustration is snowballing as Congress continues to block key parts of his agenda.

‘Our country needs a good ‘shutdown’ in September to fix mess!’ Trump wrote in a series of tweets Tuesday morning. He likely meant a shutdown in October, as the current spending bill lawmakers have agreed to would fund government operations through Sept. 30.

Trump’s call for a shutdown, which appears to be unprecedented from a sitting president, come as his problems are mounting within the House and Senate, chambers that are both controlled by his party.”

— “Trump raises prospect of government shutdown to leverage better budget for GOP in fall,”  Damian Paletta and John Wagner, Washington Post

More:

“Trump Says U.S. Needs Government ‘Shutdown,'”Julie Hirschfeld Davis, New York Times

“President Trump Wants a Government Shutdown,” David A. Graham, The Atlantic

“Trump May Be Spoiling For A Shutdown Fight, But It Could Spell Disaster In 2018,” Jessica Taylor, NPR

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Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

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Citigroup Explained

February 23, 2009

Citigroup Explained

The United States government, currently the largest shareholder in the Citigroup family of financial companies, may increase its share of ownership to 25 or even 40 percent.

The importance of this is explained by a simple graphic (above).

 

 

Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not obscene. Comments may be edited for clarity and length.