Politics
- www.vox.com The truth about inflation, wages, and the Biden economy
Exaggerating the harms of inflation doesn’t help working people.
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Anti CBDC bill passes the US House
This bill has just passed the US House of Representatives. Why is this important?
Today, we have Visa and Mastercard as our choice of digital payment. Some have floated crypto as an alternate, but crypto is complicated and not backed by an economy or central bank. Others have floated the idea of a central bank digital currency (CBDC) that matches the availability of Mastercard and Visa, but do not go through their services. It could also be used offline with smart devices.
Some critics have cited concerns over privacy, where the central government could collect information, while others have pointed out that Visa and Mastercard collect that sort of data anyways, and CBDCs might log less data if designed differently.
The point may soon become moot if the bill passes the Senate and receive the president's signature
My take on this bill is that it's a ban that should not be put into place. CBDC can still be issued to banks though, just not for you and me. It keeps Credit card companies able to charge high merchant fees.
If I were to write a bill on CBDC, I would put in privacy restrictions into the bill, but still allow for individual CBDC to be issued.
- www.theguardian.com What are the most powerful climate actions you can take? The expert view
Voting tops the list for the world’s leading climate scientists in a year when billions of voters go to the polls
- www.politico.com The presidential money machine is stalling out, and there are warning signs for both Biden and Trump
Trump is spending significant amounts on legal services, while Biden is lagging behind both Trump and Obama as an incumbent.
- www.cnbc.com Nikki Haley vows to stay in 2024 race, after raising $16.5 million in January
Donald Trump has beaten Nikki Haley in both the Iowa and New Hampshire primaries so far.
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30 Percent of Americans Believe Trump Appointed President by God
www.rawstory.com A shocking number of Americans believe God personally anointed Trump to rule the countryWhy do so many evangelical Christians support former President Donald Trump despite his decades of documented ungodly behavior?An in-depth report from The Economist shows that it has a simple explanation: They believe that God personally appointed him to rule the United States.In fact, the report ci...
> Why do so many evangelical Christians support former President Donald Trump despite his decades of documented ungodly behavior?
> An in-depth report from The Economist shows that it has a simple explanation: They believe that God personally appointed him to rule the United States.
> In fact, the report cites a survey conducted by Denison University political scientist Paul Djupe that around 30 percent of Americans believe Trump "was anointed by God to become president."
- abcnews.go.com California becomes first state to offer health insurance to all undocumented immigrants
On Jan. 1, California will become the first state to offer health insurance to all undocumented adults by expanding access to the state-run insurance plan, Medi-Cal.
cross-posted from: https://lemmy.world/post/10115454
> About 700,000 adults between ages 26 and 49 will be eligible as of Jan. 1 > > California will welcome the new year by becoming the first state to offer health insurance for all undocumented immigrants. > > Starting Jan. 1, all undocumented immigrants, regardless of age, will qualify for Medi-Cal, California's version of the federal Medicaid program for people with low incomes. > > Previously, undocumented immigrants were not qualified to receive comprehensive health insurance but were allowed to receive emergency and pregnancy-related services under Medi-Cal as long as they met eligibility requirements, including income limits and California residency in 2014.
- www.cbsnews.com Trump doesn't have immunity from Jan. 6 civil suit brought by U.S. Capitol Police officers, appeals court says
The case before the U.S. Court of Appeals for the District of Columbia Circuit was brought by seven U.S. Capitol Police officers against former President Donald Trump and more than a dozen others.
> A federal appeals court on Friday allowed a lawsuit brought by a group of U.S. Capitol Police officers against former President Donald Trump to move forward, ruling that Trump is not entitled to absolute immunity from civil lawsuits. The suit focuses on Trump's alleged conduct surrounding the Jan. 6, 2021, assault on the U.S. Capitol.
- thehill.com Wisconsin officials shut down effort to kick Trump off ballot
Wisconsin election officials have declined to review a complaint attempting to remove former President Trump from the state’s primary ballot, citing the 14th Amendment. Madison, Wis., brewery owner…
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Senator Feinstein has passed away
www.nytimes.com Senator Dianne Feinstein Dies at 90The California Democrat, the oldest member of the Senate, had been declining in health for months.