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Policymaker’s Take on Federal Student Loans?

Democratic candidates for 2020 election have the same sentiment or at least, has the same bill with regards to the crisis of student loan debt. Believe it or not, college debt in the US has almost tripled from 2006 and now has exceeded 1.5 trillion dollars. That is trillion with the “T”. This puts it shy of the first place which is mortgage debt. There are roughly 43 million students who have taken student loans across the state.

Meanwhile, US President Trump pushes a provision that’s going to put a ceiling to the amount of federal assistance a student can acquire in bid to stop the runaway debt. He made a commitment of fixing the issue and whatever is happening to it.

Then again, the Democrats rooting for his job agreeing on how big the problem was but has a different take on how it could be solved.

Senator Kamala Harris, D-Calif

She said that that she has plans of going after private colleges that are luring students with nothing but empty promises of securing profitable jobs and then, leave them in mountain of debt. One proponent of Schatz bill, she called this debt crisis as among the biggest challenges that the country is facing. Thus, pushing for a debt free college and at the same time, organizing a system for students in refinancing their debt like personal loans.

Speaking of personal loans, applying for Zebra loans to deal with education problem among college students can help parents to send their children to a reputable school. It doesn’t always have to be about student loans. Besides, this is another way the citizens can help the economy and state as a whole.

Julián Castro, former Housing and Urban Development Secretary

In a statement, he said that he wanted to make sure that students would learn the significant trade skills and focused more on community colleges as well as apprenticeship programs than completing a 4-year college program. He believes at the same time that student loan debt is something that is not needed by the country and therefore, has to be eradicated for good.

Jay Inslee, Washington Governor

Inslee is a Washington governor and has focused his efforts as well as the national campaign on global warming. However, he disclosed his plan for dealing with rising cost of education. The College Promise grant offers financial aid to students in north of 93000 students by the year 2021.

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.

Government Shutdowns Spell Damage in its Economy and Lending Programs

With the partial shutdown of the government, it can potentially affect various programs down the road. At the same time, delay home loans and even lainavertailu would not be an exemption. To give you an example, the US Department of Agriculture said that the Women Infants and Children nutrition or WIC program runs at local and state level with whatever funding is available.

The Alabama Arise Policy Analyst Carol Gundlach stated that this spells trouble for folks who are currently in this program. She additionally mentioned that WIC is running on the state money offhand and don’t any clues on how far the program can operate with that finances. Spokesperson with Alabama Department of Public Health mentioned that healthcare services are functioning as normal as of the moment.

SNAP or the Supplemental Nutrition Assistance Program isn’t even guaranteed to get funding this past January.

It Looks Good on the Surface

Barry Spear who is the spokesperson with Alabama Department of Human Resources indicated that SNAP keeps operating as normal. He has recommended for people to still apply for the said program so long as they’re eligible. Alabama Arise has said that there are countless of non-profits who are providing services to people in the said state with federal dollars via federal formula grants. Gundlach had said as well that most of the grants originated from the Department of Housing and Urban Affairs and Department of Justice. Both departments have had appropriation from Congress yet. This can include sexual assault programs, homeless shelters and domestic violence shelters.

Not to mention, the government shutdown can delay a couple of USDA home loans. Helga James, one of the mortgage brokers with Barr Group Mortgage have three clients who are waiting for USDA approval. They cannot get the approval at the moment as a direct effect of USDA shut down.

That’s the Job they have to Take

James mentioned that they don’t have any other ways of knowing how many documents or applications USDA is going to receive throughout the shutdown and that the backlog may look like. This is why people in the department are working diligently to assist and support every applicant to prevent any issues.

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.

Digital Marketing To Aid Political Campaigns

Clickfunnels is a funnel builder for online sales wherein it aids businesses to promote, sell, as well as deliver their service and products online. This is a software and an innovative toolkit that makes it particularly easy and simple for entrepreneurs to build or better their online businesses. Clickfunnels pricing explained simply, the main differentiation between pricing plans are the quantity of landing pages as well as the sales funnels allotted per month. Irrespective of the plan or service you or your business chooses, your desired funnel could immediately become a reality.

Digital Marketing for Political Campaigns

In the political world, marketing, selling, and delivering your campaign platforms are essential to win over supporters and voters. Similar to businesses, every candidate, whether for local, state as well as national political campaigns, have to make a connection with constituents over diverse digital marketing outlets. Digital marketing intended for political campaigns has made it simpler and easier to connect with a targeted audience at a portion of conventional marketing cost. There’s a great deal of open and accessible data regarding voters however how this is utilized will influence the triumph of the campaign.

Here are a few digital marketing schemes as well as marketing channels that anyone who is running for office ought to do.

Obtain a Domain Name

Once you have come to a decision to run for office, the initial thing that you should do is to get a name for your domain of your political campaign. In fact, it wouldn’t be a terrible idea to buy more than a few domain names associated to your name as well as the office or position you are running for. In some instances, political opponents take your domain or domains associated to your name to redirect the links to their domain. On average, a domain name prices at $15 yearly and it will safeguard your name as well as your brand, in addition to saving you lots of headaches.


The next thing that you require is a logo or an insignia establishing you as a branded political figure. Your brand will be seen on all of your campaign materials such as businesses cards, banners, yard signs, email marketing, videos, website, social media, and ads. To portray figures and statistics, make use of infographics since they are an effective and compelling visual portrayal that demonstrates the dissimilarity between you and your adversary. This is very effectual and helpful for constituencies who are busy and simply have a few minutes to have a glimpse at your campaign or message.

Create a Website

A website that is well-thought of and is easy to navigate is another thing you need. Don’t be swayed by websites that are templated and cheap wherein users won’t be able to locate it on browsers or search engines. You will be necessitating pages that incorporates relevant materials about you and your campaign such as videos, photographs, email signup, volunteers, and a donation button. Also include blog posts, social media links as well as current and/or recurring concerns that you concerned about. On your blog, post everything like events, campaign notices, press releases, fundraisers, surveys, your opinion on relevant various matters, and constructively responding to the attacks and/or disagreements of your opponents.  Utilize SEO keywords that your constituents and other users search online to locate information regarding the candidate and/or the campaign.

Social Media     

If you lack the funds to set up a website, make an account on social media and direct your domain to the social media platform you have created. Presently, social media is widely used and is one channel that is trouble-free to establish rapport and connection with the constituencies.

Political Violence, Terrorist Attacks and Oil Impact on World as a Whole

Whether you like it or not, we’re living in a world to which political violence is subtlety felt. According to latest Terrorism & Political Violence map from Aon, the year 2016 has brought around 14.2% increase in reported terrorist attacks. Majority of these attacks were against gas and oil industry – the commercial or private sector taking the most hit worldwide.

The reason for this is that, it plays a key role in driving government revenue and economic status. Additionally, the remote locations of key infrastructure add to play.

Oil is worth roughly 4.5 to 6.5 percent of the world’s GDP. This is an industry that is constantly under fire for it’s a highly valuable commodity. For countries whose economies largely depend on gas and oil sector, terrorist incident may result to a disruption across various industries.

This can almost instantly push up the cost of commodities while hindering economic growth in the process.

As a matter of fact, two countries especially Colombia and Nigeria were targets of 74% of all the attacks that took place in 2016.

As we enter the new era of political and global uncertainty, being able to understand the probable impact of terrorist attacks on the most valuable and sought-after commodity in the world becomes even more critical. WOT is well aware that this is a real issue and doing all possible actions and solutions to fight back.

Worldwide Impact of Attacks on Oil Industry

Terrorist attacks particularly on remote infrastructures similar to pipelines are the hardest to defend. At the same time, they are seen by violent political parties as a chance to weaken economies, exploit local grievance and undermine authority of governments. This is as per Bruce Jefferis, the CEO of Global Energy, Aon.

Back in 2016 again, terrorist attacks on gas and oil infrastructure were consists of nearly 42% of all attacks on commercial interests. Additionally, it serves as great illustration of how disruption to the local economic activities may have a big impact on knock-on cumulative impact.

Lessons Learned from Political Violence

As mentioned, political violence is subtlety felt. Militia and terrorist attacks targeting oil industry or any vulnerable infrastructures that could bring high level of damage and worldwide impact are expected to continue. If only politicians and other higher officials in the government understand and model complex, the chain of terrorist attacks and how every attack interferes supply chains can give them full picture of the situation.

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.

A Great Way to Borrow Money in Times of Federal Shutdown


In some countries, such as the United States, a federal or government shutdown is inevitable. In general, a federal shutdown is an itemized plan for the yearly public expenditures of the United States. This has, somehow, positive impacts to the government. However, the major downside of this is that federal employees will be working without pay. Thus, they have to resort in alternative so as to have money for their daily expenses. Fortunately, there are great ways to get an instant cash advance loans that is proven to be confidential, safe and secure. In addition, there is also an option to for installment loans that are perfect for people who need instant money but needs more time to pay the loan. Continue reading to know more about this.

I. What is a Federal Shutdown? Why does it happen?

Federal shutdown, as defined in the early part of the article, is a government’s plan to for the annual expenses of the United States. One major grounds of federal shutdown is the lack of funding for government agencies that are not that relevant. Hence, the freezing of government employees salary. Oftentimes, the temporary lack of funding is due to the late approval of the federal budget. There are some offices that still operate even without funding and will just rely on cash reserves, but operation will stop once it run out.

If the shutdown of the government remains for a longer period of time, chances are, the negative impacts will extend to private institutions because in the process of achieving their deliverables include the help of the government. So, outputs will be delayed.

Good thing is that there are many ways to borrow money and of the most popular is through quick cash loans. If you are not sure of what type of cash loan is for you, below are two types of loans that may be suitable for you:

  1. Payday Loans– This type of loan is cash advance loan that let you borrow instant money during emergencies. This is not suitable for government employees during federal shutdown because the payment will be deducted in your paycheck the next month. If you are an employee that won’t be receiving salary for few months, this i not right for you.
  2. Payday Installment Loans- this is perfect for those who will not be able to pay off their loan in the following month. This installment loans is flexible in terms of payment. You will be given 4-6 months to to fully pay your loan.

Federal shutdown is not only the reason for this type of loan. Emergencies related to health, work, family, and other personal matters will eventually happen. With this, it is important to identify the best option to borrow money.

The Politics of Cryptocurrency

Without a doubt, politicians are still at the early stages of understanding cryptocurrency and thus, it’s still blurry what proper regulations or tax laws to implement on it. The IRS or the Internal Revenue Service has released guidance on these virtual currencies among taxpayers back in 2014.

Since then, there’s no other guidance or legislation was proposed.

The Basics

In this article, we are going to take a look at how lawmakers study the structure of cryptocurrency and at the same time, outline the integral elements needed to be mindful about.

Well first, cryptocurrency is deemed much like any other assets. Meaning to say, capital gains tax rules are applicable to it as well. This is regardless if you have gained or not. Being able to calculate losses and gains are basically the same as if you’re selling and buying stocks. The same thing is applicable in relation to holding period, cost basis as well as triggering event.

What about those who are 100% Clueless?

Don’t think that you’re a fool for not knowing any of this. There are many others who are in the same shoes as yours and don’t know anything about tax laws or fundamentals, which make everything so confusing. In this regards, we’ll dive to the more complex pieces of information.

Your Capital Gains

If it is for a tax purpose, first thing to be done is to calculate capital losses and gains. This can be done by finding out how much percentage your cost basis shoots up or down. This is from the time you’ve obtained the asset from the time when there’s a taxable event. Simply speaking, your capital gains are equivalent to current fair market value of cryptocurrency minus the cost basis.

                Capital Loss/Gain = Fair Market Value – Cost Basis

Cost basis is simply the amount you pay for the asset. Meaning, cost basis for whatever cryptocurrency you are using is the sum of money that you use to buy it. This cost is basically the fees that you’ve paid to have the crypto from VIPsignals signals. It normally includes:

  • Exchange fees and;
  • Brokerage fees

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 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.