It’s time to kill the penny

Over the past twelve months there have been considerable discussions of monumental public policy issues.  But before 2016 ends we need to consider one more of (in)significant importance: what to do about the penny. Continue Reading...

Throwing Reconstructionist shade

Now that conservative Christians are something of a favored group by the executive branch of the US government again after a two-term hiatus, it’s time for many to dust off those old memes regarding the theocratic tendencies of the Christian Right. Continue Reading...

Trump nominee Betsy DeVos makes Interfaith Alliance naughty list

Your writer hates to be the one to do this, but sometimes it’s necessary to bring a necessary understanding of religion to those who deliberately misunderstand and mischaracterize it. In this specific instance, it’s the Interfaith Alliance, a group more intent on spreading progressive ideology than religious faith. Continue Reading...

ATMs, bank tellers, and the automation paradox

In September 1969 the Chemical Bank branch in Rockville Center, New York opened the first automatic teller machines. The first ATM was only able to give out cash, but by 1971 the machine could handle multiple functions, including providing customers’ account balances. Continue Reading...

Financial deregulation expands opportunity

The Dodd-Frank Act became law in 2010, adding more regulation to a banking industry that was already heavily regulated.  The main purpose of this 2,300 page act was to give consumers protection against big profit seeking banks but the unintended consequences prove to be much greater.  Continue Reading...

Washington showdown looms over Ex-Im Bank and cronyism

Sen. Lindsey Graham, Republican from South Carolina, wants to change the rules of one of the biggest crony capitalist organizations in Washington.  He wants to make it easier for the Export Import Bank to dish out large amounts of corporate welfare to companies such as Boeing, which already brings in revenues upward of $95 billion per year. Continue Reading...