Republican Insider: Trump Is Creating Deep State 2.0, But It Might Crash the Economy

Mike Lofgren, a former Republican Congressional aide with high-level national security clearance, speaks out about the Donald Trump administration, its dangerous relationship with the American Deep State — and what it means for the future of the American Republic.… Read More Republican Insider: Trump Is Creating Deep State 2.0, But It Might Crash the Economy

Definition of Madness: Spain Needs Bigger Banks, Apparently

There’s a “very big risk” of “destroying value for shareholders.” In the case of Bankia and BMN, the majority shareholder is the Spanish taxpayer, which by now is wearily accustomed to seeing the value of its holdings destroyed as it keeps being left holding the tab for bankrupt banks’ impaired balance sheets.… Read More Definition of Madness: Spain Needs Bigger Banks, Apparently