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How Politicians can Budget Their Money for Projects?

Politicians are always a target when it comes to excess spending on projects. Politicians are seen as corrupt and uncaring people who just want to spend money. This is the exact reason why politicians have to be extra careful in every move and decision they take. Because one wrong move and it can be used against them.

Having said that, politicians need to understand their own finances. In addition to that, they have to learn how much they can spend on projects. Politicians need to budget their money for projects and not just spend it recklessly.

Here is how you can do the same if you are a part of a politician’s team with big plans for the district or country.

Know Your District

Before you decide which projects to start or to continue, you need to know the needs of your district. That is, what problems do your constituents face in their daily lives? How can you solve these problems with your budget?

You can decide if you want to continue a project that you started or if you want to push for a new project. You can also decide if there are already solutions to the problems in your district.

Set a Budget for Each Project

After you research which projects are worth the money, you need to decide how much you can spend on each project. This is where you use your financial intelligence to set a budget. It is vital to take into account of your finances.

How much debt do you have? How much income do you get? Which projects are urgent? You also need to consider the financial situation of your district. Do they have enough income? You need to take all of these factors into consideration when you decide how much you can spend on each project. You can also use tarpera for better financial decisions.

Be Conscious on Your Spending

You have researched which projects are worth the money and you have set a budget for each project. Now, you need to be smart about where you spend your money. You should try to spend it in an effective manner that solves the problem.

You should try to spend it in a way that will bring results. You can do this by partnering with the right people and organizations in your district. You should also try to get the maximum value from each project you spend your money on.

Curse or Blessing: Regulating Cryptocurrencies

Bitcoin

 

One of the hottest topics in today’s financial world is cryptocurrencies. At the same time, despite all the hype surrounding the potential benefits of earning money using platforms like Bitcoin 360 AI, there are many different criticisms, such as the inconsistency of regulation. In fact, it wasn’t until May 2022 that the crash of a stablecoin called TerraUSD (UST) reignited the call for formal regulation of the cryptocurrency market. In response, two American senators pushed for a new cryptocurrency regulation bill to counter the current patchwork of federal and state regulations in the U.S., which are not always effective in their intentions to regulate cryptocurrencies. In Europe, too, approaches to the regulation of cryptocurrencies already exist. Learn more in our article below.

REACTION TO THE TERRAUSD CRYPTOCURRENCY CRASH

In recent years, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have taken dozens of measures to regulate cryptocurrencies. However, after the TerraUSD crash, the Treasury Secretary first called on Congress to enact a comprehensive regulatory framework for stablecoins. The argument for this request was that in the early days of social media, there was no regulator which led to many societal problems and had similar risks to the cryptocurrency market. The proposed framework includes tax requirements for digital assets as well as stricter requirements for stablecoins. The framework also proposes provisions on cybersecurity, a potential self-regulatory organization, disclosure requirements, and instructions to the Federal Energy Regulatory Commission to study the industry’s impact on the energy sector.

SEC VS. RIPPLE CASE

A precedent regarding the general definition of crypto assets and their regulation, which should be known to all crypto investors, is the case of Ripple vs. SEC. The SEC has filed a lawsuit alleging that Ripple made an unregistered $1.3 billion security offering by selling the “XRP” token created in 2012. The case is particularly important in the context of regulation, as it could lead to legal consequences for other digital assets. According to the SEC, the sale of XRP resulted in an illegal securities offering. Ripple, on the other hand, argues that XRP is a virtual currency and not an investment contract like a stock. If Ripple doesn’t win the case, there’s a lot at stake for the future of cryptocurrencies. Should Ripple lose the case, most of the cryptocurrencies currently traded in the United States would be classified as securities, resulting in crypto companies having to register with the SEC, resulting in escalating costs and enormous waiting times.

REGULATION: IMPORTANCE, POTENTIAL THREATS, AND PROGRESS
‍Meaning

Currently, there is no single regulatory authority for cryptocurrencies, neither in the US nor in Europe. Regulation is handled differently by different authorities. The aim of the future, uniform regulation is to increase investor protection and reduce manipulation in the cryptocurrency market. In the case of Bitcoin, the token is considered a commodity in the current draft law and would thus be regulated by the CFTC – other tokens, on the other hand, would be classified as securities and regulated by the SEC. However, regardless of whether the cryptocurrency market is regulated or not, it remains highly speculative.

Threats

Some of the dangers associated with the regulation of cryptocurrencies are centralization and over-regulation. This is partly because it’s not clear what cryptocurrencies should be classified as securities, goods, property, or virtual currencies. The problem with this is that each classification has its own set of rules, which could lead to over-regulation. In addition, too much regulation would destroy the innovative nature of the crypto sector. True innovation can only take place where conditions are as free as possible.

Progress

The greatest advances in the regulation of cryptocurrencies are in Europe based on the MiCa and the Travel Rule (Europe).

  • MiCa (Markets In Crypto Assets): This regulation is driven by the European Union. As a result of this framework, the European Union aims to become a global leader in competition and innovation in the financial sector and in providing consumer protection for digital finance.
  • Travel Rule: This regulation is about the prevention of money laundering with cryptocurrencies. Transactions are tracked and reported if suspected.

 

ALSO READ: Advantage And Disadvantage Of Investing In Real Estate

 

CRYPTOCURRENCY BAN IN CHINA AND RUSSIA: ALSO CONCEIVABLE IN EUROPE?

China

In 2021, China banned cryptocurrency trading and mining, making it the toughest against cryptocurrencies in the world. Then, in 2022, the Chinese government began pursuing blockchain companies and the use of non-fungible tokens (NFTs) as long as they remain under state control. A state-backed blockchain company, the Blockchain Services Network, rolled out an infrastructure that allows individuals and businesses in China to use non-fungible tokens that are not linked to private-sector cryptocurrencies such as Bitcoin or Ethereum.

Russia

Russia has experienced an internal conflict over the status of cryptocurrencies, prompting President Putin to enact a law banning the use of digital assets, including cryptocurrencies, to pay for services and goods. Under the new law, cryptocurrency exchanges and providers are required to refuse transactions where digital payments could be interpreted as a substitute for currency exchange. However, there are exceptions for certain payments based on the final clause of the law. Put simply, the new law means that individuals can buy cryptocurrencies but cannot use them to pay for goods and services.

THE ROLE OF CENTRAL BANK DIGITAL CURRENCIES (CBDCS)

It is clear that the Federal Reserve will introduce a CBDC. In general, CBDC is considered a digital liability of a central bank that is available for public use. As with existing forms of money, a CBDC would give the public the ability to make digital payments. However, this would also be a liability of the central bank, although it is also one of the safest digital assets available, as there are no credit or liquidity risks associated with it.

CBDCs are not the same as cryptocurrencies. Rather, CBDCs are digital versions of FIAT currencies and are influenced by monetary policy, inflation, and deflation. It is therefore not to be expected that CBDCs will replace traditional cryptocurrencies, especially since they have different purposes. We also point out that CBDCs will be far more stable than other cryptocurrencies. CBDCs are understood less as classic cryptocurrencies. It is quite possible that the cryptocurrency economy and CBDCs, as well as stablecoins, can coexist based on the chosen policy.

POSSIBLE CONSEQUENCES: CRYPTOCURRENCY PRICES AND MARKET CAPITALIZATION IN RESPONSE TO REGULATION

Compared to cryptocurrencies, when trading stocks in general, investors know what to expect, as they come with strict regulations to protect investors, and regular profit forecasts and actual earnings reports are issued. When trading cryptocurrencies, there is no such protection, which means there is less security and greater risk. As awareness of cryptocurrencies has evolved, governments have also developed an awareness of digital assets and their potential benefits to the economy. For example, African countries such as Nigeria, Ghana, and South Africa have already introduced CBDCs. In fact, over 100 countries, which account for 95% of the world’s gross domestic product (GDP), are considering adopting their own digital currencies.

Many proponents of cryptocurrencies see regulations as something positive, as established corporations and funds could wait to invest in cryptocurrencies due to a lack of regulation and could invest in the crypto asset class after regulation. In addition, it is argued that the introduction of regulations for investing in cryptocurrencies would lead to transparency across the asset class, which is crucial for institutional investors as it helps to create risk profiles. Other arguments for the positive effects of the regulation are that the price is unlikely to stabilize until there are clear regulations for trading cryptocurrencies and there is no reporting on them. This is not an acceptable situation for large financial firms. Institutional investors are expected to be more likely to engage in cryptocurrency investments with the implementation of regulations, which could lead to further stabilization of asset prices. However, the extent of the investments and the exact effect cannot be clearly assessed.

We expect regulation to have a positive impact on the crypto market.

Because while approaches to regulating cryptocurrencies are changing, there is still no clear indication of how and when exactly this will happen. Still, there are clear signs of change, such as the ban on cryptocurrencies in China and Russia and the increased emphasis on the adoption of CBDCs. Although there is still no clear evidence of the exact extent of cryptocurrency regulation, it has been made clear that something needs to be done to protect investors. It remains to be seen to what extent the regulatory framework can be implemented in the long term and what effect it will have on the market.

How Politicians Use Banks for their Campaigns?

Bankers can be secretive and difficult to reach. But clearly, they’re not indifferent. When it comes to their attention that an individual is running for office, bankers are quick to make themselves available for meetings and requests for small loans. 

A politician’s relationship with a bank can go a long way toward helping or hindering his or her campaign. Here are some ways politicians use banks during their campaigns to help them win votes from the public:

Establish a Reputation

A big worry that people have about politicians is that they’ll squander the public’s money. So if a politician can demonstrate that he or she knows how to handle money responsibly, this is a big plus for their campaign. Politicians who have their own bank accounts can establish their reputations for being financially responsible by showing that they keep their deposits in banks.

A politician who shows that he or she is financially responsible can counter the charge that he or she is “bankrupt” or “hopelessly in debt.”

Pay for Advertising and Promotion

Politicians who are running for office will often want to purchase advertising. They may want to purchase radio or television ads. They may want to put advertisements in newspapers or journals. They may want to purchase billboard space or put ads on websites, ads such as making it easy for people to have high credit scores, which can be a bait for subprime auto leads.

A politician who wants to run for office will go to the bank and ask for a loan to pay for advertising and promotion. 

The bank will agree to make the loan provided the person borrowing the money has an established reputation for honesty and financial responsibility. The politician will sign an agreement with the bank in which he promises to repay the loan.

Hire Staff from the Bank

The traditional method of rewarding one’s supporters was through patronage, in which key supporters are rewarded with government jobs. This practice continues to this day – in the 21st century, with a few twists: instead of being employed by the government, the supporter is hired by the politician’s campaign team.

Employees of banks are well-positioned for campaign work, since they already have experience with the highly regulated, precise and demanding nature of working for a financial institution. Plus, banks are located all over the country, so the politician can hire people living near the campaign’s headquarters.

Simple Steps to Find the Right Politician for You

Everyone knows politics is a dirty game. The scandals, the scandals, the never-ending scandals…it’s no surprise that trust in politicians has hit an all-time low. But it’s not just about distrust. It’s about finding the right politicians for you.

Finding a candidate who aligns with your values as a voter is no easy feat, but it doesn’t have to be so hard. In our fast-paced world, there are plenty of ways to find the right politician for you. You just need to know where to look. Here are some simple steps to help you find the right politician for you sooner than later.

Research before You Vote

Before you have an opinion, before you have a choice, you need information.

The first step in finding the right politician for you is to do your research. It’s extremely important to understand the issues important to you. It’s important to know how they might affect your future. Research can help you do all of these things. You can research the issues important to you online or in print. You can learn about the issues that might affect you in the future.

Look for Quality Journalism in Your Research

It’s essential to look out for quality journalism while you’re researching for your prospective candidates. While everyone has their own biases, certain organizations are more likely to report in a way that’s more balanced and fair. When you’re reading articles about candidates and their platforms, look out for signs of a slant or bias.

There are many organizations out there that have a clear political viewpoint, and that’s okay. But if you see the same slant in multiple articles from the same publication, this should give you a red flag.

Find out what’s Important to Each Candidate

While you’re reading up on the candidates, it’s also important to find out what’s important to each candidate. What are their core values? What do they stand for? Knowing how the candidates feel about certain issues is just as important as knowing their voting history.

When you’re looking at the candidates and their platforms, it helps to try and figure out what they value and what they feel is important. For example, if you’re candidate wants to do something about the production of wood, then this means that if you’re running a business who sells wholesale bathroom cabinets, then you should keep an eye on that candidate.

Advantage And Disadvantage Of Investing In Real Estate

Real estate is the most common type of asset in the world. But it has a lot of advantages and disadvantages to consider before investing.
The main benefit of owning real estate is that you can make passive income from just one property. If a property generates more monthly payments than it costs to maintain, you will have cash flow every month. Beware that real estate taxes, mortgage rates, and utility costs can be costly. So it’s best to assess these potential costs before buying any properties. If you need an expert guide about investing in real estate, visit Houseincity.

You can invest in real estate to get passive income. But some disadvantages come with owning a property, like the wear and tear of the house, repairs, and taxes.

Investing in real estate has both advantages and disadvantages, varying case-to-case basis.
Real estate investment can serve as a hedge against inflation. This is because real estate prices tend to increase while the cost of maintaining an asset such as stocks, bonds, or cash decreases.

This type of investment also offers tax benefits because it is considered depreciable property, and the depreciation expense can be deducted from its profits.
On the other hand, there are also risks involved with this type of investment, such as an increase in interest rates, rising property taxes and insurance costs, and damages that are beyond your control.

Investing in real estate will give you a lot of benefits. You can earn more money by renting out the property and selling it for a higher price. The disadvantage of investing in real estate is that it is not liquid, meaning you cannot withdraw your funds immediately without incurring losses. You should also be aware of the risk of losing capital as the market value may decrease in some cases.

 

Advantage:

Real estate investments can offer a significant long-term return on investment.

Disadvantages:

The market value of your property can change and fluctuate, leading to the loss of the entire investment.

There are countless advantages and disadvantages of investing in real estate. Some people think that it can be a good investment. However, they also see some disadvantages of owning a property. Real estate investment is seen as a conservative investment that doesn’t fluctuate like the stock market or cryptocurrency values do, making it an attractive option for those with retirement saving needs. The downside is that you need to tie up your cash for at least two or three decades while your income continues to grow if you want the value of your investment to increase.

The Importance of Studying Politics

Politics is a topic that sparks debate and discussion much as with traders with edge as many people are yet to understand to full concept of trading. As with politics, people often have wildly different opinions on what the meaning of it is, why we have it, and where we see it going. Despite this, many people shy away from studying politics as a subject in school or university. 

There are a variety of reasons for this, but the main one is that most people feel politics is not something they can make a difference in. This article looks at some of the benefits of studying politics and why you should consider doing so now!

It Helps You Understand the World around You

Politics is the study of social and economic systems, and how these systems are run. It looks at how these systems affect the world around us, and how they can be modified and improved to benefit society.

Studying politics as a subject helps you understand how the world functions, and how and why different political systems are used in different areas of the world.

It helps you understand the communities and societies you live in, and how they came to be as they are. It also helps you understand how other societies operate and why they are different to your own.

It Helps You Decide which Career Path to Take

Studying politics as a subject helps you to decide which career path you want to take once you have finished your education.

It provides you with a solid understanding of the different careers associated with the field of politics, and equips you with the skills you will need to pursue them.

It can help you decide whether you want to pursue a career in government, business, or journalism, and provide you with the necessary skills to be successful in these areas.

Studying Politics can Lead to a Job in Politics or a Related Area

If you are interested in working in politics, or in a related area, you can use your knowledge of politics to find a job in this field. Many employers in this area are always looking for people with knowledge and experience in the field, particularly if they want to work in government. Having this knowledge will help you get your foot in the door, but you may also need to complete further training or education in order to advance in your career.

Progressive Dems Develop Strategies on How to Win Seats in November

Progressive Democratic Reps Raskin (MD) and Khanna (CA) are pushing for plans they’ve developed to drive new victories as 30 House Democrats are about to exit. Rep. Jamie Raskin, who is an expert constitutional law professor asserts that

”At this point, we have to defend the United States of America’s constitutional democracy with everything we’ve got.”

As more Republican seats are up for grabs this coming midterm elections, it suggests increased threats of Republicans taking over the House majority leadership.

 

Staying Optimistic to Overcome Political Handicaps

The two progressive lawmakers who apparently have tired of the ideological politics overshadowing the true Democratic messages, want Democrats to focus on coalition-building instead of preaching.
Democrats running to win seats in the national House of Representatives should also share a more optimistic message while improving their dialogue on racial divisions. Raskin and Khanna give advice for Democratic candidates to stay out of the political correctness position by shaking up discussions for reclaiming issues on patriotism.

Also Rep. Ro Khanna says it’s important for midterm candidates to ramp up reminders of how Democrats were able to pass into law the $1.9 trillion pandemic relief bill known as the American Rescue Plan and the $1 trillion bipartisan infrastructure bill despite slim margins in the Lower House and the Senate. Although this California legislator said he wished they could have done more, he argued that they have a fighting chance to defy the odds as the other party is out to destroy American democracy.

Democratic Lawmakers Want FTC to Put a Stop to Surveillance Advertising

Democratic lawmakers Rep. Anna Eshoo of California and Sen. Cory Booker of New Jersey wrote to the FTC requesting for regulations on surveillance advertising. Through a letter titled as “Petition for Rulemaking by Accountable Tech,” the two Democratic lawmakers conveyed that the practice should be banned or at the least, have limitations across various digital platforms.

The letter to the Federal Trade Commission (FTC) was sent shortly after Rep. Eshoo and Sen. Booker introduced a bill called “Banning Surveillance Advertising Act.” The bill is still pending and if it passes, it would officially prohibit the practice that permits advertisers to track and use personal and sensitive user-data.

What is Surveillance Advertising?

Surveillance Advertising refers to the practice wherein “cookies” are used to personalize advertisements directly sent to Internet users. Cookies, refer to the personal back office data left by website visitors, which most of the time include sensitive information. This technique has become a predominant practice in online advertising, since paid advertisements bring extra sources of income for the hosting websites.

Rep. Anna Eshoo in a press release explained how the surveillance advertising business model collects and hoards personal data to enable advertisers to send out ads directly targeting consumers. It empowers online platforms not only to pursue user engagement. It can also encourage the opposite, such as user discrimination, voter suppression and privacy abuses among many others.

The two Democratic lawmakers elaborated on how targeted advertisements can be utilized by foreign adversaries and entities to collect personal data. Tracking personal data and user-targeted ads help in spreading misinformation, which according to Booker and Eshoo are serious concerns.

How Business Outsourcing Can Get Political

Office Workers

 

A new front has opened within the trade wars of yank politics. Because it spreads insecurity across the US workforce, the much-reported movement of white-collar jobs to low-wage countries – offshore outsourcing – is that the contested ground.

This trend has given economists another chance to evangelize how trade makes our economy more efficient. While strategically silent on who benefits from them, they’re right about the efficiency gains. The question “what’s in this for me?” is perfectly valid for working Americans to ask.

To competition from abroad are jobs producing autos and t-shirts have long been exposed. Considered un-tradeable were service-sector jobs like accountants (learn more), telephone operators, and medical technicians, until recently.

New technologies may have put these jobs up for grabs within the global marketplace. Familiar to anyone who regularly reads the business pages is the image of customer service representatives fielding calls from US customers from an office in Bangalore.

While the arguments over it are reruns of earlier rounds within the trade wars, services offshoring is also new. Pointing to losses of employment, wages, and bargaining power are workers in newly vulnerable industries and labor unions. Trade advocates traumatize traditional economic arguments that efficiency gains will raise the value.

One is often forgiven for thinking that these arguments contradict one another – trade can’t be bad for workers and yet raise the value, can it?

Actually, it can. Textbook trade theory, the standard wisdom of the discipline, predicts exactly that trade will raise the value within the US while leaving most workers poorer. This was proved not by some obscure tenured radical, but by the godfather of contemporary theory, Paul Samuelson, the person who literally wrote the fashionable economics textbook.

 

ALSO READ: Politics and Offshore Investments

 

Trade advocates implicitly acknowledge this. Together with a recommendation that government temporarily help trade-displaced workers go back on their feet, there’s a mention of the “winners” and “losers” from trade near the top of most pro-trade essays. This is often insufficient – trade doesn’t just harm workers directly displaced by imports; it also harms workers subsequently competing against one another for the remaining jobs.

Economics teaches that trade creates more winners than losers is what these same essays often imply. This is often strategically misleading – economics teaches only that the winnings are greater than losses. An entire bunch of losers is balanced out by one big winner. Economists agree (if not advertise) that almost all American workers are, on the net, prevent from winnings.

Of course, there are winners from trade. Companies that enjoy cheaper labor and inputs win, as do workers whose job is insulated from competition with foreign and domestically displaced labor. Thinning the pool of trade’s beneficiaries, service sector trade could radically shrink this latter group. Whether or not this process is nice “for America” depends on your perspective: is taking a dollar from a telephonist to allow Donald Trump two dollars good “for America”?

So what will be done? Trade defenders of a liberal bent sometimes verbalize a grand compromise, calling for trade’s potential victims to their drop political opposition in exchange for compensation within the health care, pensions, and adequate unemployment and wage insurance that are sort of publicly provided.

This bargain is worth considering, but only after this welfare is truly implemented, not before. There’s no reason why trade winners should get to make the most before American workers have their living standards insured. This is still true whether we’re trading automobiles and clothing or computer programs and accounting services. In the meantime, economists should focus less on deriding the anxieties about trade felt by American workers and their advocates and more on workable social welfare plans.

If trade yields gain so large on make it an imperative policy, surely a bit of those gain is wont to allow the bulk of the US workforce to share during this promised prosperity.

 

Democrats Mark a Win Vs Trumpism As Majority of Californians Vote to Keep Newsom as Leader

The results of the California gubernatorial recall election turned out to be a win for Democrats as CA Gov. Gavin Newsom won the referendum by a huge margin. Out of the 70% total ballots counted, 64% voted to have Newsom stay on as state governor while only 36% voted in favor of the Republican vying to replace Newsom in his gubernatorial position, The statistics showed that the outcome is similar to the percentage of Golden State voters who voted for Biden and Trump in the last presidential election.

Governor Newsom’s win also demonstrated that the Democratic Party has achieved its goal of cancelling out Trump’s brand of conservatism. During President Biden’s campaign speech in support of the incumbent California governor, the US President warned that Californians have to let Gavin Newsom stay on as their governor, or they get to have Donald Trump instead.

Had the election resulted to Newsom being recalled, the Republican that would have replaced him is a pro-Trump talk show host named Larry Elder.

How Did the 2021 California Recall Election Came About?

The recall effort was started by California Republicans last year by gradually criticizing Newsom’s ability as a state leader. Issues that were thrown against the California governor were in relation to he’s handling of the state’s immigration issues, the increasing size of the state’s homeless population and the most recent, the various coronavirus restrictions imposed to prevent the spread of the disease across the state.

Since majority of California’s citizens voted to keep Newsom as their governor, it showed that voters aren’t too eager to replace government officials and other leaders that made it their priority to impose COVID-19 policies that are in effect, against the grain of what Republican politicians are campaigning for.

How Mobile Technology Benefits Politics

Voting Day

 

Though most Americans currently own cell communication apparatus or have access to the world wide web, no longer than 23 percent have employed them for a number of political connections. These results imply that the possible usage of cellular communication for linking voters and possible voters to politics has not yet been fully accomplished.

These results are in the April 1-2 Gallup survey assessing how cellular technology has influenced Americans’ election and political participation.

The survey finds that approximately seven in 10 Americans utilize either a smartphone or even a tablet computer, which entire 83 percent are linked to the Internet by means of a telephone, tablet computer, or computer. The usage of these brand new mobile communicating apparatus, and more frequently using the web, have radically affected many aspects of Americans’ lifestyles — and politics, in principle, ought to not be an exception. Political candidates, political parties, and also people counseling and conducting election campaigns have certainly become conscious that cellular devices represent a new frontier of governmental contact over and beyond the conventional usage of media advertisements, telephone calls, and direct email.

However, now, the vast majority of all Americans have to be influenced by the usage of cellular technology for political motives. Between 20 percent and 23 percent of the interviewed report getting digital communication from political interest groups, utilizing social networking to discuss political views posted by somebody else, getting digital requests to get elected representatives on behalf of an origin, or getting direct digital communications out of elected officials or by political parties. Slightly fewer, 16 percent, say they place their own political views straight on social networking. Greater than 10% state they’ve received immediate communicating regarding an incipient or continuing political rally or governmental demonstration or left a financial donation by means of a smartphone or tablet computer bought from the buy now pay later ElectroFinance website.

Political Differences

The Democratic campaign of Barack Obama in 2012 was widely reported to have taken advantage of new technologies both in terms of a “large data” set of voter data, also in relation to contact with Republicans using both conventional and new digital modes of communicating. That technological benefit is still evident to a degree now, over two decades later. Democrats nationally are somewhat more likely than Republicans to document getting political communications from political parties or governmental advocacy teams in the previous 30 days. Additionally, Democrats are as likely as Republicans to state they’ve contributed to a campaign employing a smartphone or tablet computer — even 8% and 2 percent, respectively, such prices are still fairly tiny. Republicans are somewhat more likely to report sharing or “liking” articles or links which reflect their views.

As could be anticipated, independents are somewhat less likely than partisan teams to document getting political communication through their digital devices.

Not one of the differences found here is particularly big — indicating that Republicans could close the “cellular communication” gap from 2016, although if they’re able to do this for your 2014 midterm cycle remains uncertain.

 

ALSO READ: Choosing A High-Net-Worth Or Ultra-High-Net-Worth Wealth Management Firm

 

Younger Americans More Likely to Be Monitored Connected via Social Networking

Young Americans are somewhat more likely than people who are elderly to take part in both political actions between social networking — sharing or share articles or links, and submitting remarks on social networking and other Web websites. Otherwise, there’s very little difference by age in participation from other political pursuits.

Republicans More Likely to Use Mobile Devices

Republicans are somewhat more likely than Democrats to document utilizing a smartphone or tablet computer on a daily basis. However, in spite of this disparity in general usage, Democrats are as likely as Republicans to become heavy users of mobile devices (4hours each day). Apparently, the benefit Democrats might have in this respect among younger Americans, that are among the heaviest users of cellular technologies, is marginally offset by the larger use of one of the people with greater incomes, who have a tendency to be Republican. All in all, the statistics reflect the decision that there aren’t significant partisan-based differences from the capacity to reach voters and possible voters utilizing mobile devices.

Bottom Line

This really is a midterm election season, and political action has picked up in several countries with early primaries and high-profile Senate and gubernatorial elections. This action is definitely not in the level at which it’ll be in the autumn, or specifically of where it’s going to be in 2016, a presidential election season. Consequently, the recent steps of political action utilizing cellular devices as of early April — having a bit more than four in 10 with had just one of eight possible kinds of political touch — probably represent a ground or minimum amount. Given the large penetration of those devices in the population generally, the possibility is there to get a significantly improved use after this season and future elections. Democrats have a small advantage concerning continuing contact with prospective voters at this time, but the two parties will undoubtedly be actively working to raise their benefit in the weeks and years ahead.

 

Pres. Biden Signs EO Aimed at Reforming Unfair Competition Practices of Big Companies

On July 09, Pres. Biden issued a sweeping executive order containing 72 directives aimed at reigning in powerhouse capitalists dominating various U.S. markets. In rationalizing his administration’s purpose for issuing the executive order, the new POTUS remarked that the core of American capitalism is founded on a simple concept: “open and fair competition.”

Along with several members of the White House cabinet, Biden asserted that keeps the economy growing.

“Competition is the major force that keeps the economy moving toward growth and prosperity.”

 

The 72 initiatives reflects a major change in Democratic policy making processes, to which a new generation of economists conducted research studies in advocating changes aimed at protecting workers and consumers. The studies support arguments that link high prices and unfair wages to consolidated corporate capitalism.

As it is, Pres. Biden’s new executive order signifies the start of policy shifts that focus on corporate behavior and their impact on consumers. To which the White House administration expects strong resistance from companies that will seek relief by filing legal cases in courts, where some have demonstrated skepticism over arguments over competition.

All things considered, the effectiveness of the new executive order relies heavily on the efficiency of concerned federal agencies in enacting and enforcing the changes, which could take several months before any concrete actions will be carried out. ,

Examples of Sectors that the Biden Administration Identified as In Need of Reforms

The new executive order signed by President Biden enumerated 72 initiatives that aim to implement business reforms particularly in relation to competition. Below are some examples of issues that federal agencies must address:

The Food and Drug Administration (FDA) has been tasked to work toward allowing the importation of cheaper drugs manufactured by Canadian pharmaceutical companies. In addition, the order includes permitting over-the-counter sale of hearing aids as a means to reduce costs to consumers by hundreds of dollars.

The Department of Transportation must compel airlines to provide details about the “add-on fees” charged for seating provisions and baggage services. Moreover, reforms must be instituted to make it easier for consumers to claim refunds on canceled flights.

Federal regulators should institute changes to limit the provisions of “noncompete agreements,” which usually prevent employees from switching to jobs offered by competitors.

Financial regulators must require banks to furnish customers data related to their financial transaction even when they transfer to a competitor bank.

The Biden executive order directs regulators to put in place new rules that would put an end to “unfair methods of competition” adopted by online marketplaces for ecommerce like Amazon and app stores like Apple.

Federal regulators are to take direct aim at at the ability of tech companies to merge as a way solidify their influence over American and dominance in the industry by acquiring the companies of upcoming rivals.

Regulators have been specifically tasked to support leading antitrust agencies like the Federal Trade Commissions and the Department of Justice and Federal Trade Commission in preventing employers from unifying in order to reduce employee benefits as well as suppress wages.

Pres. Biden Unveils Ambitious $2 Trillion Infrastructure Plans

Last week, President Biden unveiled the details of his $2 Trillion proposal to rebuild the country’s infrastructure in order to reshape the American economy. The infrastructure plan would see to the badly needed repairs of 10,000 bridges and the construction of 20,000 miles of roads, firsts and foremost.

Biden also mentioned that the provisions would enhance internet service, improve the quality of drinking water, shorten commute times, and even out wages. Gradual completions of the plan will enable corporations to increase their revenues, which in turn, will generate more  . At the same time, projects will roll out to address racial inequities and to curb the detrimental effects of climate change..

Many were impressed at the extent of Biden’s proposal as it highlighted his use of the opportunity to address long-established economic and social challenges. White House officials reiterated that federal spending and tax credits will be utilized in:

  • Rebuilding 20,000 miles of roads, and repairing 10,000 bridges; all of which have the most economic significance;
  • Eliminating lead pipes used in providing the country’s water supplies;
  • Creating millions of jobs for American citizens through an assortment of infrastructure construction projects; and
  • Reinforcing competitiveness among American citizens in the long haul.

The proposed infrastructure plan also aims to address climate change by speeding up the process of shifting into cleaner energy sources, which would aid in encouraging racial equality.

The funding of the projects would generated through an increase in corporate tax credits that will remain in effective for 15 years. Not only will this strategy fund the plan, but it would also induce multinationals that book their earnings and profits in other countries. The improved infrastructures and tax credits would nudge companies to produce and invest locally. .

Pres. Biden Still Making an Appeal for Bipartisan Support

President Biden is still making calls for support from both Republican and Democratic lawmakers in Congress, even though Republicans have already been mentioning their opposition to the plan.

Biden described the program as the largest American jobs investment ever since the last World War, it would take only a span of eight years to complete. The projected 15-year period within which tax revenues will increase would be more than enough to offset the spending. Furthermore, the increase would eventually reduce government’s budget deficits.

Bitcoin Mining Profitability on the Rise as BTC Price Surges at $51,960

Bitcoin prices have surged further as BTC trading today (Feb.18) closed at $51,960, after major companies bought bitcoins to seed their digital business funds. During the week, BNY Mellon and Mastercard led the pack of companies that have already instituted plans of including cryptocurrencies in their business operations. These latest developments will likewise make bitcoin mining more profitable for successful miners.

Still, the continuing rise in the number of mining participants will heighten mining difficulty that will in turn, increase global electricity consumption. The growing concern among advocates of climate change movements is that the high energy used in cryptomining will greatly impact, if not negate the results of all actions undertaken to reduce carbon emissions. This is considering that climate scientists have set the year 2050 as the crucial period by which zero carbon emission must be achieved.

A recent study by Cambridge University researchers has already established that fact that about 0.56% of the global energy used in 2020 was used for mining bitcoins and various altcoins. Using a device in analyzing the electricity consumed by all cryptocurrency miners throughout the globe, the Cambridge researchers reported that the global mining industry has been using up to 121.36 terawatt-hours (TWh) of electricity per year.

The amount was compared with other countries, to which results showed that it exceeded the 113.20 TWh of electricity consumed by the United Arab Emirates and has slightly exceeded the 121 TWh of electricity consumed by Argentina.

Wide Use of Renewable Energy as a Way to Reduce the Carbon Footprint of the Bitcoin Mining Industry

While many bitcoin mining farms are using renewable energy such as solar, wind and hydro, as well as nuclear, as means of reducing cost of electricity, not all bitcoin miners have access to these types of electrical power generators. Some have formed mining pools in order to optimize the coal-powered electricity consumed by their bitcoin machines. However, the strategy proved effective at the time when bitcoin trade was dominated by retail traders, and when bitcoin was not widely used as payments for online transactions.

Nonetheless, the use of renewable energy is at present, still the likeliest solution to reducing the carbon footprint generated by the mining machines used for global mining

Mining As A Service as an Alternative to Running Mining Machines on Coal-Powered Electricity

To provide small-scale bitcoin mining businesses and independent professional miners with a solution to reducing CO2 emissions, the Elevate Group is now offering Mining As A Service. The services offered through the group’s platform include using one or more bitcoin mining machines running actively in the company’s low-cost mining facility.

The terms of the service contract is indefinite as termination coincides with the life of the bitcoin mining machine. That being the case, the Mining as a Service (MaaS) includes cost of maintaining the machine and the facility to ensure prolonged productivity of the mining machine even as difficulty rises.

Moreover, in the event of power outages, professional bitcoin miners will have less to worry about if their mining machines are supported by Elevate Group’s Mining as a Service platform.

How Democrats Will Pass Biden’s Relief Fund w/o Republican Support

A budget resolution had empowered Democrats to pass President Biden’s $1.9 trillion COVID-19 relief package via a process called reconciliation procedure. Although voting resulted to 50-50 votes between Democratic and Republican senators, Vice President Kamala Harris exercised her duty to break the tie, by voting in favor of the Democrat’s “Yea” votes.

Still, during the overnight session, the Senate voting resulted in the exclusion of an immediate increase of the national minimum wage from the present $7.25 per hour to $15 per hour. Majority of the senators voted in favor of tailoring the $1,400 direct payments to qualify only the low-income earners.

Apparently, the changes had already been discussed in a previous meeting held at the White House with the top leaders of the Democrats. They all agreed that there is a need to immediately pass and enact the $1.9 trillion relief package to enable the government to battle the still ongoing pandemic that has already claimed more than 450k American lives, whilst putting millions out of work.

President Biden Settled for Compromises to Avoid Lengthy Negotiations

Although Biden said he was willing to compromise with Republicans, he rejected the $600 billion relief package suggested by the Republicans. Still, the President said that he’d settle for some compromise just so the passing of the bill won’t be slowed down by long drawn out negotiations.

President Biden said that it was a matter of choosing getting help to Americans right away to Americans who have been hurting badly, instead of having the relief package be delayed by lengthy discussions and negotiations. According to the President, the data showing that the job market is still showing a continuing weakness is proof that the government must take a more aggressive course of action.

In a related announcement, Democrstic House Speaker Nancy Pelosi projected that the final passing of the COVID-19 relief bill would pass before the recently released special unemployment benefits expires on March 15, 2021.

Understanding the Cost of Lawsuits, as Trump and His Team Continue to Ask for Donations

When reading about news of multiple lawsuits filed by lameduck president Trump, those not familiar with lawsuits might think that litigation costs come cheap. On the contrary, filing a lawsuit from the very start costs money, especially if the complaint is civil in nature. Mainly because the plaintiff or the complainant has to pay the filing fee prescribed by the court.

Other court fees may be required if the lawsuit includes a request for garnishment, or other writs requested from the court, as deemed necessary by the attorney handling the case.

On top of the court fees, a plaintiff has to pay his or her legal representative the agreed attorney fees, deposition fees, copy fees and other fees that arise in relation to obtaining records from government, medical, school and/or other similar /institutions. In civil cases related to accident settlement claims, litigation costs would include accident reconstruction fees.

In most cases, the estimated cost of pursuing a lawsuit must be known beforehand. Even if a settlement lawsuit has a likely potential of being awarded the sum of money being claimed,   it would all be a waste of time and money if the litigation costs exceeded the settlement amount.

Trump Team’s Solicitation of Donations to Fund Multiple Lawsuits Across Different States

While Trump’s lawsuits are largely political and have seen many court rejections, he is not paying for the litigation costs out of his own pocket. As soon as the November 03 election results started showing numbers trending toward a Joe Biden win, Trump’s campaign team started sending emails soliciting donations, allegedly to fund lawsuits that will seek to overturn the fina election results.

However, the emails came with a disclosure in fine print stating that 60% of each dollar donated will be used to pay off unpaid election campaign obligations.

Nonetheless, there are loyal Trump supporters, including big-value donors who contributed to the cause despite the remote possibility that the lawsuits will garner favorable court rulings. So far, reports have it that of the 36 lawsuits filed in different courts, 26 were rejected, including an appeal turned down by the Pennsylvania Appeals Court.

Trump Legal Team Drops Lawsuit, Big-Money Donor Seeks Refund

Just recently, a donor is seeking a refund of the $2,5 million he contributed to the Houston-based Trump team called “True The Vote.” This was after learning that the group has dropped all lawsuits seeking to get legal court rulings that will declare the election proceedings as fraudulent.

The donor, Fred Eshelman, a businessman whose investment company Eshelman Ventures LLC primarily invests in private health-care companies, has actually filed his own lawsuit against “True The Vote” in order to seek refund of the huge sum he donated.

It would be interesting to find out how a federal court will rule on Mr. Eshelman’s claim for refund since the money was supposed to have been given as a form of donation. It’s not as if he gave them as a lawsuit loan to fund a settlement lawsuit the way pre settlement funding companies do.

Even if it was a form of investment, it was obviously an unwise investment decision on his part, as he should have been aware that the election lawsuits lacked merit. Federal judges did not allow the cases to prosper in court as not a single evidence could be presented as proof that there was fraud.

Political Betting – Political Events To Bet On

One of the most popular and widespread form of entertainment are online casinos, wherein players could either play at a reliable online casino website or may opt to download judi online. Downloadable casinos, download judi online, as the term implies, are gambling sites where users download and install the casino software in their PC in order to play. Trusted download judi online sites usually provide a very straightforward and simple instruction to make the process of downloading and installing their software uncomplicated.

Once the software is downloaded and installed, players are able to access the casino games through the software. However, players need to make certain that their device are compatible with the required Windows OS and other specifications to make certain the software would work and run smoothly as well as have high-quality graphics which would better your gambling and gaming experience.

Political Betting

While many enjoy online casinos and sports betting, others find political betting exciting. With the emergence of social media and its involvement in the entertainment and news world, things that people don’t bet on before are now being wagered on, hence the term political betting.

With the political climate as well as the gaming industry being hot as ever, both reflect each other to involve people in political races whilst making use of political betting websites to potentially earn some money based on their predictions.

Political Events to Wager On

People who engage in political betting could place a wager on various political events. Below are some examples:

US Presidential Election

The most popular event where you could bet on various odds is the US Presidential Election. The odds are often posted a well as changed since stock for presidential candidates fluctuates during the presidential run. Handle increases naturally when the election season is nearing and where presidential candidates are more solidified. This puts the political betting season at full blast.

There was a lot of action during the 2020 Presidential Election on numerous political betting websites. Many have also added more situational props as well as altered odds especially when the election was getting closer. Several of these changes were because of the debate performances and public reception.

US Congressional Election

Although this political event isn’t that popular as the US Presidential Election, the event still has occasional handle that comes in for these. Individuals who are constantly informed and updated with politics frequently have the knowledge to handicap this less popular election however still very much important. As this event are reliant on the state itself, wagers for the Congressional Election are actually more regional than they are national, since they don’t have the appeal that the Presidential election has.

Other Political Betting Examples:

  • British Parliament Election
  • Australian Parliament Election
  • Referendums (Brexit for instance)
  • London Mayoral Election

The Truth About the Politics of Online Casinos in South Africa

Cape Town, South Africa

 

South Africa is fast rising to become one of the planet’s most busy online casinos enjoying destinations, also many forecasts this trend increases tenfold overtime ahead of.

As the nation continues to invest heavily in the creation of technical infrastructure, in addition to more accessible and more inexpensive online access because of its visitors, the outcomes find a lot of its players glancing on the internet to find a brand fresh amount of casino entertainment.

Contemporary South African Gaming Not Fully Defined

Surprisingly South Africa has rather a rich gaming history, one that crosses as far back as the 1700s, in addition, it appears to be quite a history that has seen a range of changes to its territory and internet gaming action. For this reason, it’s no surprise many gamers have been left confused and unsure about what the present status is of gaming within the nation.

Gaming Legislation in South Africa

The Southern African American landscape has ever been a somewhat rocky land up until recently, that of course with regard to the nation’s longstanding oppression under the Apartheid regime. Beneath the then authorities that the freedom to love games of chance and luck in almost any circumstance or placing wasn’t only greatly criminal but often indicative of.

From a historic standpoint, it was just very before the 1965 South Africa Gambling Act an actual formalized ban was put on nearly all kinds of gaming actions, the sole exception with this bit of law was horse racing, solely on account of the simple fact that it had been deemed a game as opposed to a kind of sports gaming.

Strict Ban

Inevitably the 1965 Act was a spark into the fire of casino playing fans since they watched the opportunity to discover alternative methods of educating their favorite pastime, and much also more importantly an opportunity to earn some significant cash. From the time that the Apartheid regime has been abolished in 1994 and the first democratic elections occurred that there were an estimated 2000+ prohibited gaming institutions throughout the nation.

To present a more organized and regulated condition to betting from South Africa the new authorities handed the National Gambling Act of 1996. The act then allowed for the performance of casinos that were online, in addition to internet sportsbooks they owned the appropriate operating licenses provided by one of the 9 provincial gaming boards. It was also in that time that Lottery, bingo, and similar gaming activities were regulated, sadly, Interactive gaming, also known as internet gaming, was deemed prohibited within the boundaries of South Africa.

With the creation of this National Gambling Act of 1996 came an undercover governing body called the National Gambling Act. This had been the board’s duty to be sure the regulating of gaming action in South Africa, of that support and aid at the provincial level, could be offered from the 9 recently elected provincial boards.

Legal Online Gaming in South Africa

Concerning interactive gaming (online gaming), segment 11 of the gaming action 2004 issued by the NGB still stays company, it says that:

“An individual shouldn’t participate in or make accessible an interactive match except as authorized regarding this Act or another federal law.”

With that said, you will find a rising number of large scale overseas casinos requiring both South African gamers in addition to South African Randsthis, obviously, raises the issue concerning possible legal loopholes permitting local players the chance to practice online gaming with no repercussions.

The interpretation of this South African National Gambling Act and its following changes comprises two quite conflicting statements. On the 1 hand, it asserts that the sole platforms that may offer online gaming services into the SA participant pool would be such online bookmakers accredited from the NGB.

Another…

…says that no support at all should offer online gaming services to inhabitants of South Africa.

With this kind of conflicting statement, off-shore casino sites such as those that can be found on https://kiffslots.co.za, sportsbooks, poker rooms as well as the likes have discovered there isn’t any explicit text from the African law that prohibits players from playing these games that were online, nor suggests punitive steps.

Therefore, numerous trustworthy and internationally famous platforms with headquarters out the Southern African authority have come to be the ultimate alternative for lawful gaming actions by South African players.

Even the “by-way” of obtaining and enjoying online gaming services were devised, however, the topics of reliability and trustworthiness nevertheless stayed as crucial concerns. This was mainly on account of the simple fact that such foreign platforms were accredited by overseas authorities.

Due to the nature of Internet gaming for South African players, now We’ve created a number of Important standards to assist gamers in Picking the Ideal operators for their gaming needs, these standards include:

  • Permit to function — Though the licensing authority can’t be local, it’s still a good idea to decide on a platform that conveys a permit to run from any other authority. This is true as a result of standards and criteria enforced by the said government so as to attain some ordinary degree of support quality and therefore player gratification.
  • Safety protocol — SA players must also look closely at their preferred casino system’s safety. Those using good SSL encryption sign it alongside the site address from the browser bar, in addition to in corresponding webpages (such as ‘Around US’) about the phone or PC customer.
  • Game suppliers — With all the match supplier variety reaching huge proportions, you will find both top business giants with respectable applications offering and newer developments to the company seeking to show their reliability. This option mainly depends upon the players’ taste — broadly accessible, reliable titles, or even more specific gameplay choice.

Banking Strategies for Southern African players

The significance of maintaining funds and trades safe during their whole gameplay experience has induced players to pay an exclusive focus on the Cashier page in the preferred casino stage. The perfect banking systems for Southern African casino gamers are the ones that permit them to process trades in their home money, the South African Rand (ZAR).

While it has not been around for long, today, there are multiple Respectable platforms which have oriented towards this particular participant pool and offer several Kinds of techniques that take this money:

Credit & Charge cards

South Africa is growing increasingly more attractive destinations for internet gaming content suppliers, which includes, in turn, brought a growing amount of payment solutions. While the very initial platforms just watched two of those debit and credit card chips, SA players may now deposit and withdraw money with Visa, Maestro, MasterCard as well as American Express.

E-wallets & e-money chips

There are lots of e-wallet and e-money transport services available on the internet that offer SA gamers an opportunity to sign up for their money deposit and swap it in a licensed one. But it’s necessary to be aware that the top international e-wallets PayPal, Neteller along Skrill, in addition to e-money providers EcoPayz and PaySafeCard all supply this particular player pool with protected and also appropriated payment processing solutions.

Bank transports / EFT payments

Bank transfers and EFT payment arrangements make it possible for players greater freedom concerning the total deposited and removed. They might take a little more time to process the payment request, however, their longstanding, dependable, and simple operations ensure it is a good banking choice for SA gamers in their particular gaming platforms.

 

ALSO READ: Moving to Online Conferences to Schedule Hearings

 

Cyber Security Experts Consider Trump’s Refusal to Accept Defeat a National Security Risk

Political security experts consider Trump’s refusal to accept defeat as a potential threat to national security by preventing an orderly transition of power. One such threat that is being given much attention is the possible launch of cyber attacks, which makes early transmission of classified government information to President-elect Joe Biden necessary. That way, the new administration will be better prepared to respond defensively and offensively in dealing with cyber attacks. .

First Secretary of Homeland Security Voices Concerns Over Trump’s Uncooperative Stance

Former Pennsylvania Republican Governor Tom Ridge, who served as President George Bush’s Assistant for Homeland Security and the first to hold the position of Secretary to the United States Homeland Security, warned that cyberspace has always been and will continue to be unsafe. He gives advice that it’s important for Pres-Elect Joe Biden and his administration to prepare for both offense and defense strategies as soon as the new set of officials assumes office on the 20th of January in 2021.

The former Pennsylvania Governor added that Trump’s uncooperative stance will only worsen the present situation in which the country is juggling with problems coming from all directions, and while facing an economic fallout and amidst a worsening worldwide pandemic. That is why the country cannot afford to lose time in initiating the transition of presidential and administrative powers.

Cyber Attacks Expert Also Considers Trump’s Refusal to Allow Transition as Posing Security Risks

In a Washington Post interview, Marcus Fowler, who served as CIA officer for 15 years in the development of global cyber strategies and technical operations, voiced opinions similar to Mr. Ridge.

Mr. Fowler who is currently the Director of Darktrace, a leading AI cyber security company that deals in cyber threat detection and in developing responses to global threats, said Trump’s continuing refusal presents risks in the security of the country. According to Mr. Fowler, even without any major cyberattacks, the delays Trump is causing only makes the country an easy target for espionage campaigns by way of cyber attacks that could come from known adversaries like Russia, China and Iran.

Nonetheless, several Washington Post correspondents reported that President-elect Joe Biden’s team has been provided with a more than 10,000-square feet wide office space at the Herbert C. Hoover Building. Additionally, the transition team has been provided with government-issued computers and iPhones to use in conducting secure communications.

Yet Trump continues to assert that his numerous lawsuits across different states will prove that he is the rightful winner of the recently concluded presidential election. He continues to push for recognition as the winner despite the fact that he is not gaining positive grounds in his legal challenges. Mainly because his enablers still can’t produce reliable proofs that there really was voter fraud in the concerned states.

Moving to Online Conferences to Schedule Hearings

Can you picture how the Speaker of the House is trying to delete any unruly MPs from the chat or perhaps, a tech-challenged person has accidentally live-streamed himself doing chores to the entire country? In today’s time, the pandemic has really changed the landscape how we do things and even the Parliament is not an exemption to it. You’d notice that there are a lot of politicians who are embracing virtual meetings and taking in all the benefits and drawbacks associated to it.

As what we have recently mentioned, there are many politicians who are now learning to adapt to the Post-Covid19 world much like everyone else. We have our national cabinet and leaders doing their meeting through a video chat, live TV on Skype as well as parliamentary committee members discussing national issues right in their home.

Challenges that are Given

So as with everyone else trying to battle the intermittent internet connectivity and left in awe with colleagues who do not know how to mute, it is definitely time among politicians to join the bandwagon and consider doing zoom meetings too. Given with the tech challenges of working from home, it created tons of memes throughout the course of the lockdown, which is expected with the way how people are reacting to the virus.

In all fairness, the connectivity is getting a lot better than they were before. Imagine this, during questioning, rather than ejecting any unruly members or temporarily muting the mic, the Speaker of the House just kicked out an MP in the conference if they will not stop making interruptions.

The Speaker or the host has the power of muting all participants in one click, lest an important dialogue has to be marred by MP simply because they forget to turn off the video or mute the audio before doing something else.

Failure Perhaps

Refraining from committing any tech failures with some older folks of the chamber is inevitable. There is no doubt that there is one in the group who is not familiar or aware of how to use certain features and streaming with only their foreheads seen, or the inside of their nostrils. With the incorrect webcam placement, they look either too far or too close from the video.

While it is true that everyone else in the cabinet is trying to make adjustments in this “new normal”, seems that online casinos like Bandarqq and other business that is online in nature have been prepared all their life. Eventually, politicians would get used to it and have a smooth transition.

Trump Signs EOs for Coronavirus Relief, Even if Unconstitutional

Trump acted unconstitutionally again, when he signed executive orders (EOs) on four coronavirus relief measures after Congress failed to agree on 4th stimulus bill. Even if the EOs are likely to be challenged in courts, Trump signed the directives, whilst calling them “bills” which were hardly reflections of real concerns for the American people.

 

What Trump Orders as Economic Relief

The Executive Order Trump signed last Saturday (August 08, 2020) addressed only four major issues.

On the $600 Coronavirus Relief Paycheck That Expired Last July 31, 2020

While the Democrats want to extend the economic relief paycheck at the same amount of $600 ($150/week), the Republicans want to cut it down to $400. Trump’s memorandum reduces the $400 further, as the directive was to allocate the funds as aid for both the states and their people. The state government will receive $100 out of every $400 of the fund allotted as coronavirus relief. This means that Americans can expect to receive only $300 per month or ($75/week).

On the Eviction Moratorium That Expired Last July 24, 2020

On the matter of the expired eviction moratorium, the Democrats are negotiating for additional financial assistance to renters on top of the extension of the eviction moratorium. The Republicans in Congress simply suggest for an extension up to December 31, 2020. However, Trump’s memorandum does not make any mention of extending the moratorium; but only reiterates federal policy that recommends minimizing eviction proceedings on renters during the ongoing pandemic, Trump’s memorandum merely suggests that government officials should identify legal ways of helping renters and homeowners.

Suspension of Payroll Tax

Trump’s EO includes a memorandum suspending payroll tax effective August 01, 2020, which only means deferment of taxes; perhaps until Trump gets himself re-elected. Although Trump made hints that he will make permanent the suspension of payroll tax if he stays on as president, doing so would only mean a reduction of Social Security funds, which is tantamount to a reduction of benefits derived from the system.

Pause on Student Debt Payment and Accrual of Interests

.

As far as federal student loans are concerned, Trump’s order is aligned with bipartisan support for the extension of suspending collections and accrual of interest on student debts for another three months. Since the pause on student loans under the CARES Act is set to expire on September 30, 2021, it means student loan borrowers will resume making payments in January 2021.

However, it seems that the pause on payments and accrual of interest applies only to federally-backed student loans, which denotes that Trump’s memorandum has no provision for students debts obtained from private lenders.

Biden’s Newest Ad Worries Dems

Biden’s newest campaign ad was meant as a rebuttal to Trump’s insinuation that the Chinese government supports Biden’s candidacy for self-serving purposes.

The Biden ad shows how during the early stages of the Covid-19 pandemic, Trump simply rolled over with every information and explanations that China willingly offered. The former Vice President projected a tougher stance by saying that if he was in Trump’s position he would have demanded openness from China:

‘“You (China) have to be open; be clear because we have to know what is going on”

However, Democratic voters, particularly those not supportive of a Biden leadership, are saying the party’s presidential nominee is sending mixed signalsthe party’s presidential nominee is sending mixed signals. They are concerned that the campaign could stir anti-Asian sentiments that Trump encouragedwhen the latter later accused China of causing the coronavirus pandemic.

Surge in Harassments Committed Against Asian American

A report published by Stop AAPI Hate revealed that since March 2020, the organization has tracked more than 1,100 incidents of verbal and physical assault against Asian Americaans.

According to the report, harassment actions were mostly directed at women and children; usually taking place in pharmacies and retail stores across 46 state where shelter-in-place has been mandated.

Agencies under the Trump administration, including the Department of Justice (DoJ) or the CDC, are not taking action to stop negative sentiments toward Asian Americans. Although the DoJ made efforts to reach out to Asian American advocacy organizations, the action came only as a show of response to queries put forward by the Center for Public Integrity.

Speaker Pelosi and Her Impeachment Standoff Strategy to End This Coming Week

Last Friday (January 10, 2020) House Speaker Nancy Pelosi signified that the 3-week standoff in the holding of Donald Trump’s impeachment trial is about to end.

Through a letter sent to her fellow Democrats, she gave particular instructions to House Judiciary Committee Chairman Jerrold Nadler (D-New York), to be prepared in the coming week. Rep. Nadler will take on the responsibility of bringing to the House floor, a resolution that officially transmits the articles of impeachment to the Senate, while also naming House members who will be appointed as the House’s manage in the impeachment trial.

Although, the articles of impeachment were ratified by the House of Representatives before Christmas, Speaker Pelosi did not send them immediately to the Senate. The move sent Repunlican Senators, specifically Senate Majority Leader Mitch McConnel in limbo.

McConnel announced that it was his plan to turn the impeachment trial into an open-and-shut case. As it is, the Republican-controlled Senate simply intends to pass a resolution that will outrightly dismiss all impeachment charges against Donald Trump, without having to call on witnesses even for Trump’s defense.

Apparently, much has happened during the 3-week hiatus including the US-Iran conflict that Trump escalated by ordering the killing of top Iranian military official Major General Qasem Soleimani. Certain incidents and developments seem to have made the time ripe for the continuance of the impeahment trial.

Speaker Pelosi said the impeachment trial will proceed, even without securing a detailed plan of how the Senate will move forward once the ball starts rolling in the Senate floor.

Still, the House Speaker harshly criticized Senator MacConnel (R-Kentucky) for his show of total disregard for the oath he has taken in carrying out his duty as an impartial participant to an impeachment trial… to uphold the interest of the American people and not just that of Donald Trump.

Although Speaker Pelosi’s move to hold out was derided by president Trump and his staunch Republican minions in the senate, there are now indications that the impeachment trial might not carry on the way the Senate Majority Leader had strategized.

Some Republicans Intend to Make a Bipartisan Move to Bring in More Witnesses

The Republican Senator of Maine. Susan Collins has come out with a statement delivered via the Bangor Daily News that she has been working with a small group of Republican Senators, to make certain that the impeachment trial will include the presentation of additional witnesses for the benefit of the appointed House managers and the president’s counsel.

Senator Collins emphasized that they have taken an oath to carry out their duties with impartiality and it is important that both sides will receive fair treatment.

President Trump, Senator McConnel and other Republicans who have continuously lambasted the impeachment proceedings as a hoax, can goad and gloat all they want for having the numbers that will see the charges against Trump instantly dismissed. Yet it only takes four (4) Republican Senators to take a bipartisan stance in making sure a fair trial will transpire by hearing more witness testimonies.

Speaker Pelosi calls Senator McConnell’s intention of immediately passing a resolution to dismiss the impeachment charges as a “cover-up.” He and Republican Senators who support McConnel’s vastly unusual behavior, continue to show total disregard for the oath they had taken.

House Speaker Pelosi Tells Republican House Representatives to Get Serious

Speaking on behalf of the House Democrats, House Speaker Nancy Pelosi said in a press conference last Tuesday (October 15, 2019) that the House of Representatives will not subject the impeachment inquiry into a voting process.

Speaker Pelosi said

“We’re not here to call bluffs,” “This is not a game to us. This is deadly serious.”

Yet, Republicans continue to question the authority of the Lower House to conduct the impeachment probe. Actually, their contention is one of the “talking points’ recommended by the White House to support the Trump administration’s refusal to cooperate in the ongoing impeachment inquiry; particularly in submitting other documents related to Trump’s controversial phone call with Ukraine President Zelensky.

In fact, the White House officially declared war against the Democrat-controlled House of Representatives by way of a letter that conveyed the Trump administration’s refusal to cooperate with what it terms as an “illegitimate court.”

House Intelligence Committee Chairman Adam Schiff said Republican Representatives are aware of the power given by the Constitution to the Lower House with regard to the impeachment process. Chairman Schiff rationalized that Republicans know it, but are merely dodging discussions about Trump’s illegal conduct, by steering focus of discussions on the impeachment process instead.

However, as the House continues to issue subpoenas, the White House is slowly losing ground as former Trump administration officials defied orders not to appear before the impeachment inquiry hearings.

White House’s Flimsy Position Crumbles as Former Ambassador and Ukraine Advisor Confirm Whistleblower’s Complaint

Ambassador to Ukraine, Marie Yovanovitch, testified in Congress that she was ousted from her post through the machinations of Rudy Guilani and two former Ukraine officials (now held under indictment charges filed by the FBI.) The ambassador said the ouster came about because she disapproved of how Rudy Guilani was making deals with corrupt Ukraine officials.

After Ambassador Yovanovitch, the House proceeded in receiving the testimony of Fiona Hill, former national presidential adviser for EU affairs specializing in Russia and Ukraine matters. Ms. Hill volunteered to testify, outside of the subpoena issued to her by Congress.

Her testimony provided information upholding the whistleblower’s complaint that there is an underlying quid pro quo shrouding the controversial Ukraine telephone call.

Ms. Hill mentioned the names of EU Ambassador Gordon Sondland, acting Chief of Staff Mick Mulvaney, and of course, Rudy Guilani as persons having a hand in the plan to withhold the Ukraine military aide, in exchange for Ukraine’s cooperation to dig up dirt on Joe Biden. According to Ms. Hill, Sondland claimed he was in-charge of the matter, whilst claiming that his authorization to do so came from Donald Trump himself.

Ambassador Sondland was previously called upon by the House to testify in connection with a text message mentioning quid pro quo about the Ukraine aid, but backed out because he received orders from White House not to do so. Ambassador Sondland though, has now expressed willingness to appear in Congress, despite White House orders, but after he was issued a subpoena.

He is scheduled to appear next Thursday, October 24, 2019, to which Chairman Schiff’s committee will grill him not only about the text messages, but also on the information provided by former Russia and Ukraine adviser, Fiona Hill.

Republicans’ call for impeachment voting has apparently been doused by the spate of serious information underlying the controversial Ukraine call. Now silent, they are apparently waiting for advisory on “talking points” they could use on how to best defend their “lord and master” Donald Trump.

Democratic Presidential Candidate Elizabeth Warren was Once a GOP Voter

Senator Elizabeth Warren, one of the leading presidential candidates running under the Democratic banner used to be a GOP voter. Political news website Politico, went about checking Senator Warren’s previous records of registration, and interviewing the senator, her friends and former classmates to ascertain that this piece of trivia is true.

Apparently, her years as a Republican voter were at a time when the good senator had not yet developed a political inclination whatsoever. In Politico’s interview with Ms. Warren, she acknowledged the information to be true and that it was not until she became a Harvard law professor that she decided to change political party from Republican to Democrat.

Based on the records found by Politico in Pennsylvania and Massachusetts where she spent most of her mid-adult life, her years as a Republican voter ended sometime in 1996 when she was 47 years old.

In those years, which covered six (6) presidential elections, Ms. Warren recalls that she voted for only one Republican presidential candidate, Gerald Ford, who ran for the presidency in 1976. Being a former GOP voter was something Ms. Warren hardly mentioned at all, not even in her books. She explains that it was because she still did not think much of politics in those times.

Why Senator Elizabeth Warren Changed Party Affiliation

In a 2014 interview by TV host and political commentator George Stephanopoulos, Ms. Warren said she decided to leave the Republican Party because its political agenda was tilting in favor of Wall Street. She explained back then that she supported the GOP with the perception that it was conservative in its approach to economic and financial matters; but she later came to feel that the party had moved to a different playing field.

Ms. Warren stated further that before she decided to champion the cause of the liberals, she was an independent. She later joined the Democratic Party when it was clear that the Republicans were standing up for the big financial companies that were just pounding on the middle class American families.

Her views as a politician are supported by Politico’s review of her early scholarship, and from information gathered from interviews with the Senator’s more than 20 colleagues and friends who knew her since her high school years, through her academic profession.

They attested that Senator Warren’s conservatism centered mainly on economic policies and not on social issues; views that she now carries in her presidential campaign slogan, urging American voters to “Join the Fight.”

What’s the Influence of Social Culture in the Flow of Politics?

If you live in Canada, then you know that the shape of political system largely depend on the engagement of its people in politics. Yet, you will be surprised that there have been low rates of participation for the last 2 decades. Oftentimes, it not reaches over 65% of eligible voters in the federal elections. Both municipal as well as provincial elections are even lower.

While the participation in other engagements like protest activities or even petition signing has significantly increased, it is undeniable that there’s general decline in political participation. This is likewise with other nations in the West for the last 50 years. Actually, if this trend keeps going, it can be worrisome in the end. What’s more concerning here is, there’s a continuous decline in younger generations having less engagement or showing no interests in political activities.

Because what these people do are spending more of their time on searching authorized user tradelines for sale.

Cultures of Participation

An extremely influential entity to promote a higher engagement to political activities happens to be in different stages of life.

People were so immersed in cultures as well as social context that it has helped in producing political attention as well as participation.

While the said contexts may be made in social networks or in school, they are best promoted in homes.

Who Bats an Eye to Political Circumstances?

More often than not, those who have high socio economic class or people with higher income and degree of education are likely to take part in politics. One major assumption to this is, it’s brought by the impact of their higher educational attainment.

However as per research, it suggests that those who come from these backgrounds typically engage themselves in politics long before reaching higher education. Their involvement is encouraged primarily on social contexts in which behavior for political participation are promoted and normal. These social contexts have a tendency to be easily accessible among individuals from those who have high socio-economic backgrounds since their childhood.

Learning from Various Studies

Social contexts are focused on making positive action. Political talks are being promoted to be a momentum to reckon with. People may be thinking of how we could support and encourage these contexts beyond families like in schools and community as a whole and possibly the most important of all, taking part in politics by putting opportunities relevant to differing cultural backgrounds as well as socio-economics.

World Leaders Discuss the Future of Cryptocurrency

With the constantly growing demand for cryptocurrency, it is not long until it caught the attention of world leader and global regulators. Majority of the digital currencies are actually decentralized. Meaning, there is no legal body or support from central government that is backing it up. Thus, it gives every country a unique set of rules to follow.

All Eyes on Coin

Every announcement made to this subject drives the price of cryptocurrencies back in 2018. Here is a brief guide to the current status of digital currencies with the regulators and governments in various parts of the world.

At the G-20 meeting that was held, the Central Bank Governor of Argentina has outlined the summer deadline among members to have recommendations on what must be done. At the same time, it was mentioned that the task forces are working diligently in submitting all viable proposals by July. As for the central bank leader of Italy, a statement was released saying that cryptocurrencies pose no good to the government but pure risks and therefore, must be banned.

Because there’s a Market for It

Japan on the other hand is the largest market for bitcoin mining and trading.

Believe it or not, nearly half of the daily volume of this digital currency is being traded using the country’s currency.

This is as per the data furnished by Cryptocompare.

Then again, the US takes the second spot for being the biggest volume of bitcoin with around 26% as per Cryptocompare. This is not actually surprising given that it’s widespread across the country and many are using the services provided by gladage.com. As for US regulators, they have different definition of cryptocurrencies such as Bitcoin.

Implementing Stringent Security Measures

The SEC or Securities and Exchange Commission mentioned that it sees digital currency as additional form of security. In early days of March, the agency has expanded scrutiny and said that it’s seeking to apply securities and appropriate laws to everything from the exchanges and trades made on cryptocurrency to digital asset storage firms which are otherwise known as wallets. The agency has concentrated its efforts on the initial coin offerings or the digital coins released via fundraisers referred to as token sales and have exerted efforts to police them via subpoenas.

Trump’s “I-Think-I’d -Take-It” Stance to Oppo Dirt, Hastens House to Act on Election Security Bill

“I think I’d take it” was U.S. president Donald Trump’s reply to George Stephanopoulos, Chief Anchor of ABC News, which specifically suggested accepting info about his opponent in the 2020 presidential elections. What made Trump’s statement controversial was that it was in answer to a hypothetical question about accepting damaging information coming from a foreign country.

Moreover, when ABC’s Stephanopoulos expounded on the topic by asking the American president if he will notify the FBI about it, Trump said,

It is not an interference, they have information…I think I’d take it. If I thought there was something wrong, I would go maybe to the FBI… if I thought there was something wrong”

Trump even refuted the testimony given by FBI Director Christopher Wray to Congress last month, about lawmakers needing to tell the FBI about cases of foreign election meddling.

House Democrats, of course, reacted by making it known that they are actually on the verge of passing an all inclusive set of election security bills. The said package of bills aims to address legal loopholes that surfaced after Special Counsel Mueller’s unraveling of Russia’s interference in the 2016 presidential election.

House Dems Put Forward Information about Bill Clarifying Opposition Research as a Thing of Value

In the matter of campaign finance law that prohibits candidates from accepting foreign contribution, a passage will be added to include opposition research as a “thing of value.” if passed and approved as part of the US Campaign Finance Law, foreign contribution does not have to have a dollar amount to it, in order to be considered as a “thing of value.” Any disparaging information about election opponents supplied by a foreign country, being a case in point, will be illegal.

In addition, election security laws will include a bill that will require states to backup with paper ballots, their respective electronic voting system.

House Speaker Nancy Pelosi said in her press conference that the House will also introduce a “Duty to Report” bill. Ms. Pelosi made the announcement right after the day Trump made known his “I-Think-I’d -Take-It” stance toward foreign-provided oppo research. The House Speaker explained that the “Duty to Report” bill, will require any campaign to report to the FBI, damaging research concerning an opposition, whether solicited or received from a foreign country.

The Politics of Different Types of Tax and Ways to Minimize Them

In order to meet the budgetary demands of the government, charges are urged by the government on every citizen and businesses as a way of raising revenue. This charges will basically finance the governments and its officials, fund projects for public good, and develop business environment thaw will promote growth of the economy.

There are different types of taxes- Income tax, property tax, goods and services taxes. estate tax, and excise tax. If you are running a company then your employees’ salaries are probably subjected to tax through the help of Tucson payroll services. Processing paychecks for employees has never been easier with them. Tucson Services not just offer payroll services to small and large business but at the same time provide services like accounting, legal documentation, notary service, and personal and business tax. 

“Taxes are the price we pay for a civilized society.” says U.S. Supreme Court Justice Oliver Wendell Holmes. Without taxes, it will be hard for the government to meet the demands of societies. The government will collect this money and use it to fund projects such as  health, education, governance, infrastructure development, transport, and housing.  

On the other hand, despite the significance of paying taxes, some people do not believe that their taxes are being used in a good way. Hence, they find ways in order to minimize them.

1. Income Tax- Americans who receive a monthly income that is less than the IRS-designated gross income limit is not subject to filing a federal income tax return.

  • Single: $12,000 ($13,600 if age 65 or older)
  • Head of Household: $18,000 ($19,600 if age 65 or older)
  • Qualifying Widow(er): $24,000 ($25,300 if age 65 or older)

Now, if you want to lessen the burden of federal income tax bill, you may want to consider taking advantage of the tax deductions and tax credits. However, only some people will be qualified for this. Though you may still try child tax credit and education credit. 

2. Sales Tax- this is popularly known as the consumption tax primarily because the things we buy or consume are also subject to tax. They say that this will be more maximized among wealthy citizens because the more they consume, the more they are being taxed.

How will you minimize getting taxed from buying goods aside from avoiding unnecessary products at the mall? The Protecting Americans from Tax Hikes Act of 2015 (the PATH Act) made a provision to claim general sales taxes instead of states’ income taxes as an itemized deduction. The PATH Act includes several changes to the tax law that affect individuals, families, businesses and promote security against tax

 

Governments Around The World Are Considering Cryptocurrencies

Governments around the world – Russia, The United States, Canada, Republic of China, Japan, Venezuela, and others – are taking significant actions to explore and learn more about cryptocurrency (learn crypto on Pheeva.com). With governments keeping a keen eye on digital currencies, there’s a huge question of whether cryptocurrencies such as bitcoins can keep it decentralized. This question had been raised considering that governments would like to keep things centralized which is the exact opposite of true cryptocurrencies.

A Government-Backed Coin

Centralized Digital Currencies

There’s a significant difference between cryptocurrencies and the CDCs (Centralized Digital Currencies). True cryptocurrencies are decentralized meaning there’s no one person, or entity such as the government that controls them. CDCs are the exact opposite which means they are centralized and run by a certain entity such as the government and the central bank.

Through centralization, the government could make exponential changes which can either be good or bad.  This is scary because there’s also a question of security and privacy despite a good option to buy goods at a way cheaper price.

Russia has, specifically, came up with intriguing ideas as to why it wants to engage in some kind of government based cryptocurrency to work with international transactions and possibly impose levy on black markets. It has not been clear though if the said digital currency would have a decentralized ledger as it is with true cryptocurrency or if it is possible for it to be mined.

Why governments are showing interest just now?

The concept and technology behind digital transactions isn’t entirely new. Even before the internet have boomed, many companies are working to make digital transactions work without the use of cash or check. With the birth of the internet, the concept wasn’t fully adopted and the technology behind it is also not cheap. Government and financial institutions has not placed so much attention to it because the majority of the public were not into it too.

When Bitcoin was introduced in 2009, the boom had been extensive that the explosion of bitcoins along with other cryptocurrencies pushed governments to have a look at these technologies that could have a huge impact in the future of commerce, the finance industry, and the centralized authorities of the movement and generation of various currencies throughout the world.

Governments are now seeing the potential of the crypto technology but they need time to further understand it. In theory, there are several advantages drawn from true digital currencies. The straightforward and efficient instant electronic transactions that prevents fraud, better book keeping and tracking of transaction are just a few of this advantages. Not to mention that no printing is involved which saves a lot of costs behind its generation. On a side note, governments alongside many companies are overwhelmed by the ongoing trend. In order for them not to be left behind, some governments tend to make up something to catch up with what’s new.

Decentralized Money vs. Centralized Money

The success of Bitcoin proves the feasibility to generate money beyond the borders of traditional financial systems that are based on the government. This fact is pushing government authorities and central banks to inquire difficult questions about their function in future economies.

For some, the issue of true cryptocurrency (decentralized) and centralized digital currency is not the main point because the system is simply a detail. However, the main point is that you can have digital money circulating around which is a huge threat to the central bank rather than to private banks. Regardless if it is done with a blockchain or through any type of database does not make a huge difference.

The goals of Russia for running cryptocurrencies indicate how governing bodies around the globe can start adopting digital currencies no matter if the end is good or bad.

Bottom line

Governments have a tendency to move slowly and thus very little will change in the near future. A series of tests may have to be conducted to find out how the whole system will work. Nonetheless, governments will be forced to adapt the system when cryptocurrencies will start to present a real practical alternative to our current financial system.

Sanders’ Confidence Gets Doused by Hecklers in “She the People Presidential Forum”

Senator Bernie Sanders, the Vermont independent making another bid for nomination as the next Democratic presidential candidate, gets a jolt from hecklers during the ‘She the People Presidential Forum.”

She the People, a nationwide network of advocacy groups comprised by women of color, hosted a forum in Houston last Wednesday, featuring eight (8) of the 2020 Democratic presidential candidates. However, young voters coming from Historically Black Colleges and Universities (HBCU) who attended the forum gave Senator Sanders a heckling. They made it clear that they were not thoroughly satisfied with his rousing speeches.

Even before the holding of the forum, students were already of the mindset to hear candidates discuss specific plans for addressing current issues faced by women of color. As one computer science student said prior to the event

I’ve seen the rhetoric, but I haven’t seen the policies.”

What Most African American Students Want to Hear

Mr. Sanders was quite eloquent with his speech, to which he emphasized the importance of party unity in order to succeed in ending Trump’s Administration. He mentioned that Trump’s presidency had worsened racism, homophobia and sexism. He also gave assurance that even if he does not win the nomination, he pledges to give all out support to whoever will be chosen as 2020 presidential candidate.

However, as gave out anecdotes and indirect answers to questions asking for specifics on how he intends to address issues he mentioned, dissatisfaction became evident when the crowd started to boo and heckle.

Someone in the crowd shouted,

“What about black women?”

The question almost went ignored, but was pushed back by one of the forum moderators, Joy Reid of MSNBC. She nudged Sanders into giving a response by restating the heckle to a formal question and as follow up to Sander’s mention of social justice:

“For black women in particular?”

In response, Senator Sanders simply said

“Black women will be an integral part of what our political campaign and what our future administration is about.”

The response only drew more heckling from the dissatisfied crowd.

Behind Self Funded Political Campaigns

While many running candidates have relied on campaign finance to back their political campaign, there are quite a few who have funded their own political campaigns. Self-funding in electoral campaigns had always been a fact as far as politics can go. Many known politicians have had spent a huge amount of their own earnings in order to win an electoral campaign.

How Campaign Finance Works

When Senator Hillary Clinton offered $5 million in loans for her campaign, she temporarily joined other self-funded presidential candidates, which includes Mitromny, Rose Perot, John Kerry, and Steve Forbes among others.

Self-financing commonly indicates that a political campaign is economically struggling and has maximized its contribution to the donor base. However, political scientists state that voters do not automatically think this is something bad.

Clinton’s self-financing size is comparable to that of the presidential campaign of Massachusetts Senator John Kerry in 2004. Kerry loaned his home in Boston for a staggering $6 million loan to assist in a successful number of Democratic presidential selections on Super Tuesday, nevertheless, he lost to the present president George W. Bush on the general political election.

This fact is not only true to a presidential campaign; candidates from other political races have previously put in their own finances heavily.

How Far Could Self Funding Go To Boost Political Career?

A Republican independent, Michael Bloomberg, and a Democrat Jon Kozan also made use of their own wealth to reinforce their career in politics. Bloomberg put in $75 million to be among New York’s notable Mayors; On the other hand, Kozan put in $60 million to be among New Jersey’s list of governors.

Even so, for every single successful story, there is an angle of self-financing that has not reaped good rewards. Billionaire Steve Forbes failed to win the presidential nomination seat twice. He self-financed his campaign for millions of dollars in both the 1996 and the 2000 race however failed to win the electoral campaign.

Texas millionaire H. Rose Perot drew even more than $63 million in an electoral race. The race sometimes led him to a major candidate but in the end, he won third place. However, his 19% vote share is incredibly great for third-party candidates. In 1996. he ran again for an electoral campaign but this time he had taken public financing.

These candidates, when they fund their own activities, they treat these spending as a loan. For those who lose the race usually writes off the loan as a loss.

Candidates who succeed in congressional elections can take back a few of their investment by having a debt burning effort. In these instances, the lobbyists and their committees are wanting to build contacts with the new legislators and at some point find access to the legislator’s own bank account.

Thus far, there seems to be no limit in terms of self-funding. The stakes could be high. Either way, candidates will have to weigh their options when it comes to campaign spending as there are other sources of funding that will not entirely hurt their bank accounts.

Further Thoughts…

Self-funding is not the only source of funding for many political candidates, there is also the campaign loans granted to a candidate to finance such campaigns. Regardless of the nation, campaign loans are true. But only a fool takes out a personal loan or even a quick loan like quick loans NZ to fund their own political career. Candidates will have to be wise when they fund their campaigns. It can help boost your campaign or break you in the future.

Veto-Override Voting Results Showed Lack of Concern Over Congress’ Constitutional Mandate

Last Tuesdày (March 26, 2019), the Congressional voting to decide over Trump’s veto failed to muster the two-third majority necessary to bar Trump from using the National Emergency law. Apparently, there was not enough Republican defection in both chambers that will allow Congress to stop Trump from diverting military funds to his proposed expansion of the US Mexico border wall. Although voting will again take place on Tuesday, observers believe that the same results can be expected.

Previous passing of the related resolution by Congress in February 2019 had the support of both houses. However, in last Tuesday’s session, not enough Republicans rallied behind in support of overriding Trump’s veto. This, despite some previous expressions of views that Trump’s use of the National Emergency law is an abuse of presidential powers. It became obvious therefore, that those who chose not to stand by their objections were apparently more concerned with the votes they might lose in antagonizing pro-Trump supporters.

Acknowledging Democrats in Taking a United Stance to Uphold the Constitution

Praises to the Democrats, whose actions stayed true with the doctrines of democracy. Separation of powers between the executive, legislative and judiciary branches of the government is a liberal solution to limiting the powers of the majority. This received embodiment in the United States Constitution, designating Congress as controller of overall government expenditures.

In February, right after Trump declared the National State, the Democrats vowed that

”The Congress will defend our constitutional authorities in the Congress, in the Courts, and in the public, using every remedy available”

Acknowledging the Republicans Who Chose to Uphold Congress’ Constitutional Mandate

Even Republicans are wary that in allowing Trump to usurp Congress’ constitutional mandate to control government expenditures, they will also be giving future Democratic presidents a way of circumventing spending resolutions passed by Congress. As it is, only 14 House Republicans voted to override Trump’s veto.

The 14 included Rep.NY John Katko who missed voting on the February Congressional resolution to nullify Trump’s National Emergency declaration. Last Tuesday he upped the Republican override vote by joining Rep-MI Justin Amash, Rep-WA Jaime Herrera Beutler, Rep-PA Brian Fitzpatrick, Rep-WI Mike Gallagher, Rep-TX Will Hurd, Rep-SD Dusty Johnson, Rep-KY Thomas Massie, Rep-WA Cathy McMorris Rodgers, Rep-FL Francis Rooney, Rep-WI Jim Sensenbrenner, Rep-NY Elise Stefanik, Rep-MI Fred Upton (R-MI) and Rep-OR Greg Walden.

Best Essay Writing Service Review Reddit

If you’re looking for the best essay writing service that will assist you in completing your homework, you’ve probably come across reviews of 99papers. The site loads very quickly it’s user-friendly, and offers plagiarism-free content. The customer support team is exceptional. We can assure you that our writers have a wealth of experience academic writing. They can deliver top-quality writing.

ExtraEssay

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Although Reddit does have a community of writers, you cannot guarantee that you’ll receive top quality content at a low price. Some accounts are fake, or have no experience. Choose a solid writing business. Don’t purchase services that don’t meet in line with your expectations. Read reviews on the internet prior to making a final decision.

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PaperHelp

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PaperMarket

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Government and Attorney

Did you know that government lawyers work independently and impartially? For example, a Los Angeles car accident attorney can mediate conflicts. They investigate ex officio and make decisions in accordance with the law, free of client or employer interests. Their independence is guaranteed by the constitution.

Los Angeles car accident attorney: Take on demanding tasks and have a high social responsibility

Los Angeles car accident attorney

From day one of your job, you will devote yourself to demanding tasks on your own responsibility. You have to make a significant contribution to ensuring legal peace and the right to justice and criminal prosecution and thus to the functioning of the rule of law. As a judge, public prosecutor, you assume a great deal of responsibility for the state and society. In addition, you assume responsibility for the people affected by judicial or public prosecutor measures.

Los Angeles car accident attorney: Get in contact with people and in the middle of life

With lawyers, nobody can hide you under mountains of files or in a back room. In direct contact with those involved and parties, lawyers and colleagues, your ability to deal with conflict and work in a team are just as much in demand. Your communication and empathy skills are also in demand.

Los Angeles car accident attorney: You will be supported systematically and individually

On the basis of a holistic personnel development concept, judges and public prosecutors are systematically and individually promoted even part-time. Government offices around the world offer you a wide range of further training courses with a lot of events a year. In addition to specialist conferences, further training to develop communicative and social skills is particularly important to the government.

Los Angeles car accident attorney will be evaluated on suitability, ability and professional performance

Suitability, qualifications and professional performance determine your career as a judge, public prosecutor or car accident attorney.

You have to understand that government lawyers are given an unbelievable workload. In addition, they are also charged with managerial and administrative responsibilities if they show they are capable in their first assignments. Moreover, it is essential to instil public self-reliance in governments and to provide security for its people.

Lawyers and Politics

The problems you study as a business lawyer are always related to current affairs. Take, for example, international conflicts like those in Iraq, Russia and Lebanon and the threat of terrorism, which is constantly discussed. Take, for example, European integration, the political debates in the Netherlands on immigration and the changing balance of power between the various and new political parties. On the internet, you just have to check Click here button and see topics on politics.

Wallin Hester

Business lawyer: Reasons to study political science

Business lawyers are familiar with local, national, and international politics

As a business lawyer, thanks to your academic training, you are expert par excellence who understands the political interplay of social problems and possible solutions. In addition, during your studies, you learned how local, national, and international politics are interrelated. They are valued by all employers involved in political interaction and politics is everywhere.

Business lawyers have an amazing array of career opportunities

Political science graduates fill a variety of positions. You could work as a policy advisor, policymaker, researcher, or journalist. You could work for the government, in companies, NGOs, media and international organizations. Of course, some graduates are also politically active.

The business lawyer looks across borders

Political scientists learn how political activities are organized in other countries. Political scientists know how countries interact with one another and what role international organizations play. They push the boundaries of their own specialty by learning how economists, philosophers and lawyers view politics. During your studies you have the opportunity to study abroad, to travel abroad and to find out how politics is carried out elsewhere.

A business lawyer can make a significant contribution to society

As a political scientist, you can see through political games, distinguish between hypes and trends. You know how international and political perspectives are related. You can make relevant comparisons with other countries and you can distinguish empty rhetoric from well-founded reasoning.

In addition, you can make a significant critical and academic contribution to government and society. Because you are critical, you are able to judge independently. You can be scientifically sound because you have analytical skills developed according to the principles of scientific research. This expertise makes you an attractive party for employers.

Attorney of lawyers

attorney-of-lawyers

Delegate of the interests of the German lawful profession

The voice of the individual can without much of a stretch be caught. Just the ensemble, the relationship of many voices, guarantees to hear. In the German Lawyers ‘Affiliation (DAV), in excess of 250 neighborhood legal advisors’ relationships in Germany and abroad have as of now meet up to cooperate for the security of interests of a similar kind.

The DAV has an abundance of regulated components and grounded instruments. Our campaigning work is completely equipped to the particulars of public and European authoritative and administrative cycles. Most importantly, the immediate effect on the authoritative and leader parts of the administrative and state legislatures ought to be referenced – both through the government affiliation and the DAV provincial affiliations. For this reason, the DAV keeps an organization of various close-to-home contacts with political chiefs and authorities to aid political campaigns, whether or not in Berlin, the state capitals, or Brussels.

 

Authoritative councils

By means of its 35 authoritative advisory groups, which work in every aspect of the law, the DAV offers its perspective on public draft laws and draft orders of the European Union. These impact the parliamentary dynamic cycle in Germany and Europe. They bring law and order guidelines and legitimate ability into the enactment and make laws practicable. In any case, you additionally act proactively.

 

Press and advertising

A vital instrument for successful manageable support is proficient press and public-lich-keits-working. The DAV press office upholds the effect on the authoritative interaction and furthermore fortifies the impact on political cycles by setting up the social conversation in the pre-political region. Here, as well, the organization between the DAV and the media agents on lawful approach has demonstrated its value.

 

Occasions

The presence at significant occasions ought to likewise be referenced – particularly at the yearly German Lawyers’ Day. Legal counselors’ Day is quite possibly the main occasion of the year for lawyers. Along with top-class visitors from governmental issues, the organization of equity, business, science, and unfamiliar legal advisors’ affiliations, the focal issues of the calling are examined here and arrangements are started at a beginning phase. You can find out more about this on the official website of the accident attorneys.

Politics and Offshore Investments

With the success of American companies like Apple, Amazon, and Microsoft, many investors are looking to start their own business in an offshore country. However, as with any investment opportunity, there will be pros and cons for both parties involved.

The Pros and Cons of Offshore Investments

Offshore investments have been a source of controversy since they began to take off in the early 2000s. Many countries offer tax breaks and other incentives that make it more attractive than investing domestically. However, it is important to remember that this does not make any country a good place to invest.

While it makes sense for investors to run their finances through companies like Einvestment,  it is important to remember that there are still risks involved with offshore investments despite benefits from the tax breaks and other incentives offered by certain countries.

The most common risk associated with an offshore account is the loss of money if something goes wrong in a particular country due to political and social issues.

Offshore investments can also cause problems for people who are not familiar with the legal system of a particular country. If an offshore account is set up in a country that has laws that are different than the United States, there could be problems for both parties involved.

Read also: How politics has affected the stock market.

How do politics affect offshore investments?

Politicians have been known to take advantage of tax code loopholes and other incentives that are available to savers in offshore accounts. In the past, some offshore investments have been used for political purposes. For example, the US government has accused the Swiss government of making offshore investments to evade taxes to the tune of 10 billion dollars.

One of the biggest issues with offshore investments is that they are often used by rich people to avoid paying taxes. It has been shown in several studies that it is easier for wealthy people to hide their money in an offshore account than it is for someone who is not as wealthy. This means that offshore investments are often used by people who want to avoid paying taxes on their money.

Politics can also affect offshore investments because many countries have laws in place which make it illegal for companies to invest in certain countries. This means that companies will not be able to invest in countries where it is illegal for them to do so.

This can cause problems because if a company does not have the money invested in offshore accounts, it cannot make profits from its investments. This can also cause problems because if a company cannot make profits from its investments, it will not be able to pay out dividends or salaries to shareholders.

Offshore investments and money laundering

Another issue that can affect offshore investments is money laundering. Money laundering is the process of taking large amounts of cash from illegal sources and then using it to make legal payments. This means that if a company makes profits from its investments, it may be able to pay out dividends or salaries in cash. This can make it easier for money laundering to occur because the company will not have any records of where its profits came from and who paid them.

How Politics Has Affected the Stock Market?

Stock Exchange

 

Politics consistently has the possibility to impact the stock exchange notably. Why? Because political activities such as laws and regulations have a direct impact on organizations, and hence in their fundamental operation.

As presidents appoint economic advisers and fill places like the seat of the Federal Reserve, and financial policies and also the management of their rates of interest (which can be determined by the Federal Reserve) also apply a direct impact on organizations, these activities have an effect on the stock exchange.

Nonetheless, it’s an indirect effect, maybe perhaps not really just a primary you. These areas can impact the fortunes of organizations, and so influence investor opinion about the firm’s stocks.

Regulations which is going to impact organizations, as an instance, will influence people organizations’ possible outcomes. Should they truly have been anticipated to grow the most important thing, investors will be aware and become more inclined to obtain the stocks of the businesses. Should they truly have been anticipated to possess a negative effect on the most important thing, investors are not as inclined to obtain the stocks, and might even put them up for sale.

This indirect effect is just one reason that bank stocks, as by way of instance, increased in the aftermath of the election of President Donald J. Trump. His government was anticipated to prefer deregulation, as well as the deregulation of banks, which will be very likely to boost their bottom outcomes.

But politics aren’t the principal determinant of the way that stocks do. Any buyer purchasing stocks would be currently buying equity in a small company enterprise, perhaps not in any political administration. In stock investing, it’s the prognosis for the firm that matters a lot more than politics but politics may apply some influence on such a business standpoint.

Political News and Uncertainty Matter, however, the Impact Might Be Short-term

All of the news that affects the economic and enterprise environment matters in the stock exchange too. Investors can sometimes view news statements that affect stock markets, even as if information announcers state that the stocks in a certain industry do well due to your afternoon’s news. The operation of oil company stocks, for example, improved over the election of President Trump, due to his effort platform preferred conventional energy organizations over other energy such as solar energy.

But lots of the effects felt news reports could be temporary. The statements might possibly end up similar to froth within a sea wave; it has the longer-term impact — that the inherent roster of this tide — which is really going to make the gap into the stock exchange.

Oftentimes, the true effects of policy implementations won’t be understood before execution does occur and the firms changed respond — and also other aspects can impact the stock prices, too. Again, business principles thing greater than political news perse.

 

ALSO READ: Why Australia’s Labor Party is More Successful than U.S. Democrats

 

Uncertainty about politics may also have a direct effect as the stock exchange viewpoints doubt as a hazard. Stocks more likely to be influenced by political decision-making that’s presently in process and expected later on, for example, can trade if there’s uncertainty. Potential traders do not understand if the last decisions are planning to stay favorable for their organizations, neutral or negative. Exchanging could possibly be about a sort of grip in buyer’s heads prior to the doubt is resolved. That is why they should hire stockbrokers such as AJ Bell (see ajbell youinvest review to learn more).

But doubt’s influence on the stock exchange may be short-term. Once doubt is resolved and hazard removed, in actuality, that the once-affected stocks may undergo a rally, as a drawback in the horizon — that the hazard is now not.

The stock exchange facets in political consequences believed to become understood, thus an alteration in the anticipation can lead markets to react. From the 20-16 U.S. presidential elections, for example, many polls were calling the election of Hillary Clinton, therefore stocks while the election drew nearby were trading as when her effort rankings were anticipated to be appreciated.

A surprise, just such as the election of President Trump, may bring about the stock market to react short word, whilst the brand’s newest news gets payable. Once it’s, industry signals trading mainly on principles.

Do Political Parties Matter?

Is it true that the party in power at Washington thing? Not too much. Republicans are usually considered more beneficial to business compared to Democrats, therefore if politics concerning the party in power mattered, an individual could assume the stock market to perform in Republican administrations than in Democratic ones.

However, actually, that the S&P 500 overall gained significantly a lot greater than 11.6 percent an average annually from 1973 to 20-16. While there had been several individual years using downturns, these certainly weren’t connected with a political party being in power, nor were exceptionally powerful decades.

The latest year at the S&P 500 failed badly was 2008 if George W. Bush was still president. This had been the entire season Barack Obama has been chosen. Even the S&P 500 lost 3-7 percent annually, nevertheless, the politics of almost any stripe wasn’t the cause. The reason has been that the fantastic Recession — that underscores the elemental force of financial climate and performance on the prognosis for organizations, and therefore the stock exchange, compared to politics.

The stock exchange rebounded handsomely through the duration of Obama’s term since the market pulled from this downturn. The ideal currency market year of the sentence has been 2011 once the S&P 500 gained 32.4 percent.

In the same way, that the S&P 500 needed a powerful down season in 2002, when George W. Bush was still president, losing over 22 percent. However, it appeared and did well during the majority of the government, with a top of almost 29 percent in 2003.

 

Why Australia’s Labor Party is More Successful than U.S. Democrats

In Australian politics, the equivalent of the U.S. Democratic Party is the Labor Party but the latter is more openly socialist than its American counterpart. After all, being branded as a socialist in the Australian political arena does not affect the views of Australian voters. Mainly because socialism has been part of the country’s politics since the establishment of the Australian government.

Still, there are similarities between U.S. Democrats and AU Labor Party because both push for policies in favor of the working class and the economic conditions of the underprivileged families, regardless of their race, religion, culture and/or sexuak orientation.

Since the Labor Party is openly socialist, they have succeeded in pushing for progressive reforms that most Australians view as practical, as far as their welfare and economic well being are concerned. Unfortunately, the majority of American voters cringe at the mere mention of socialism when it comes to politics.

An Example of the AU Labor Party’s Success in Helping Ordinary Australian Citizens 

One of the most significant achievements of the AU Labor Party is the exposure of the financial greed that used to prevail in Australia’s banking and financial institutions. Actually, the expose’ of the financial industry’s sales-driven culture was initiated by a group of Australian journalists. Yet the Labor Party acted on the matter by recommending the establishment of a Royal Commission to oversee the investigation of numerous bank scandals that took advantage of millions of Australians and their money.

In December 2017, the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, investigated the allegations of misconduct by banks, pension organizations and financial service companies. The outcomes of which were revelations branded by the media as a “culture of greed” among several of Australia’s financial institutions.

An example of the sales-driven culture that prevailed in Australia’s financial industry were the faulty practices of many car dealerships. Dealers sold vehicles by way of auto loans even if a buyer did not have the financial capability to settle such financial obligations The accredited banks likewise simply approved the granting of auto loans that car dealerships passed on to them for servicing.

The long and short about this particular example is that the Royal Commission has recommended the abolition of the Point of Sale Exemption that enabled car dealers to offer and transact Auto financing deals even if they did not have the proper license to do so. As a result many Australian automotive consumers shelled money out of their limited budget just to pay for loan amortizations.

Most of these consumers eventually defaulted with their payments and therefore lost the vehicle they had purchased due to bank repossession actioms. Errant auto dealerships remained free from any legal responsibility in relation to their involvement in the facilitation of the bad auto loans. The servicing banks simply sold the repossessed cars in order to recover the money paid to car dealerships.

How National Loans Australia can Help Automotive Consumers

While the Australian government is yet to act on the recommendations of the Royal Commission, National Loans Australia (NLA) gives advice to automotive consumers not to be pressured into signing Auto finance contracts with car dealers.

NLA offers financial services by helping consumers find the right financing deals, since the group has had more than 24 years of expertise in the field of Auto finance. Moreover, they have built a sound relationship with more than 30 reputable banks and financing institutions, which is important in working out customised financing solutions for clients.

The people behind National Loans can also help those looking for a bank or financing company that accept car loan refinancing, with offers of the most affordable loan amortization payments.

Choosing A High-Net-Worth Or Ultra-High-Net-Worth Wealth Management Firm

High net worth individuals (HNWI) have a net worth of over $1 million. On the other hand, ultra high net worth individuals (UHNWI) are those with $30 million or more net worth. While they differ in the manner on how they make and expend their money as well as the way they get on with their lives outside or past the financial aspects, one thing is certain, wealth management is imperative, regardless if it is for high net worth wealth management or ultra high net worth wealth management.

This is where wealth management firms come in. These companies offer numerous distinctive capital solutions to their clients, whether high net worth individuals (HNWI) or ultra high net worth individuals (UHNWI). Since these clients have greater levels of wealth as well as investment portfolios, they need to work with wealth management firms with experienced, strategic services so as to properly apportion their funds.

Choosing A Wealth Management Firm

Prior to choosing a wealth management firm, it is imperative that you take into consideration the experience, expertise and services they provide as not every wealth management companies offer similar services. Several firms specifically cater to high net worth clients whereas others to ultra high net worth clients.

So what are these considerations that you have to bear in mind when looking for a wealth management firm to assist you? Here are some:

FINANCIAL PLANNING

Wealth management firms aid their clients to create refined and efficient financial planning approaches. Every wealth management firm is unique and have their own methods and personalized according to the needs as well as the financial goals of its clients. But, regardless of your needs and goals, advisors of reputable wealth management firms can help you create a clear and sound strategy that make certain it gives precedence to your needs.

ASSET PROTECTION

Look for a wealth management firm that provides complete asset protection services. Whether you are an HNWI client or UHNWI client, your assets have to be protected from various threats, such as lawsuits or even from government authorities. When dealing with legal disputes, experienced wealth managers can offer recommendations on the best financial solutions for your assets to be protected.

INVESTMENT MONITORING

Reputable wealth management firms provide its clients effective strategies to investment monitoring in order to efficiently manage HNWI or UHNWI finances. For finances to be monitored well, they offer their clients comprehensive services on portfolio advisory investment. As the invested capitals are great, the strategies have to be particularly calculated as well as systematized so as to manage the wealth of clients the best and most proper way.

GENERATIONAL PLANNING

Wealth management firms aid their clients in planning financial approaches for their future generations. This means that they would have added incomes to apportion for the coming generations. When working with a reputable, competent wealth management firm, you will be able to build a legacy building plan in the distribution of your estate and inheritance.

Why Is The USD The Most Popular Currency To Trade

The Forex market is the most popular in the world which is not surprising when you consider that money is something you can get almost anything for. Currently, the dollar followed by the euro and the yen are the most popular currencies in which to trade directly or through Forex brokers.

Why is the US dollar so popular?

  • The US economy is the largest in the world.
  • America dominates not only economically, but also politically and militarily.
  • The US dollar is the currency that is used for many transactions, for example, oil can only be bought with dollars.

Speculate on the Forex market

It is nice to know that many people speculate / gamble on the price of the currency pairs. When you apply a well-functioning strategy, it is possible to dominate these daredevils by making a profit from the blunders of this more than ninety percent of the market!

Here, the play of liquidity or the volume of a big role. The volume indicates how many people trade certain currencies in a day and how big the differences are between them. For a professional, these values ​​are very important as they can determine the speed at which the market can change at any given time.

Liquidity or the amount of trade often differs from time to time and is linked to the opening of different international markets.

Currency pairs and their mutual relationships

When you actually trade in currencies, mutual relationships are very important. In order to trade in something, mutual relationships are required, and these are expressed by the so-called currency pairs.

The EUR/USD is among the most traded currency pairs where you buy a certain number of dollars for one euro. The demand for both currencies is constantly changing so that the exchange rates/ratios are always different. This is the particular value of the euro against the dollar, and when the euro rises in EUR / USD, the USD automatically falls in value against the euro.

Exotic currency pairs

Many brokers also allow you to trade in exotic pairs. Exotic pairs are relationships in which for a well-known currency such as the dollar you receive a lesser-known currency from an often emerging country, such as Brazil or Laos.

https://www.youtube.com/watch?v=6Qbqch03wxw

The size of the Forex market and its liquidity

The special thing about the Forex market compared to other financial markets such as the New York Exchange is that the Forex market does not have a central location. It is a market that is always active and runs through a large network of banks where demand is determined by the total demand for certain currency pairs.

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