Wolf PAC is an organization founded by TYT Network that attempts to stop campaign finance money from controlling our politicians (and our lives.) Wolf PAC has moved through several states already and recently helped pass a bill in the Delaware senate to create an Amendment to the Delaware constitution that would limit the money corporations can give to politicians.
Last Week Tonight With John Oliver
The vast majority of US judges are elected, forcing many judges to pander to the electorate and accept campaign money in order to keep their jobs. The midterm elections gave a host of courthouses all over the country to big business, and corporate campaign donations were the big winner in judicial elections.
Last Week Tonight with John Oliver looks at it.
China’s central bank cut interest rates for the second time in less than four months, in a fresh sign that the country’s leadership is becoming more aggressive in trying to stop the slowdown of economic growth, The Wall Street Journal reports.
The rate cut by the People’s Bank of China was announced Saturday, and it came sooner than some analysts and investors had expected. It reflects growing worries over the world’s second-largest economy as it struggles with certain difficulties: a slumping property market, more money being sent offshore and growing risks of falling prices that, in effect, are pushing up borrowing costs for businesses.
The cut, effective Sunday, lowers by a quarter percentage point the benchmark one-year loan rate, to 5.35%, and the one-year deposit rate, to 2.5%. In a statement accompanying the announcement, the central bank singled out increasing deflationary pressure as a trigger for the move, saying that plunging commodity prices world-wide “provided room” to spur growth by lowering interest rates.
Former Baltimore Ravens running back Ray Rice is free to return to football after he won an appeal regarding an indefinite suspension. The suspension was regarding a domestic dispute with his wife.
Will Rice play in the league again? ESPN states that “at least four teams have expressed interest in Rice.”