“On behalf of the Ukrainian people, I express my sincere condolences to the relatives and friends of Kakha Bendukidze, and millions of those for whom he was and will remain the engine of great change.”(source infra)I don't know if he or she exists, but this is the kind of person we so badly need as President of the USA--Kakha Bendukidze—the Georgian multimillionaire:
Start with the dark side to beautiful weather. Sun, salt and wind are cruel to houses. One owner in Virginia Beach was shocked to learn he'd need new windows every six years. That alone wiped out an entire summer of rental income, says David O’Brien, his adviser. Storms take out roofs, docks and sea walls, replaceable only at exorbitant rates... There are also utilities, association fees and lots of taxes, all often high in resort areas.
The notion that developed economies are in a “liquidity trap” – where printing money no longer has any effect – is treacherous. The problem is partly semantic but semantics can shape politics. A trap is hard to spot and difficult or impossible to escape. The implication is that monetary policy makers have done everything possible. In liquidity trap models of the economy, the central bank is impotent. Although it can create money at will, this power no longer provides influence over interest rates or the ability to give the economy a boost. The reason this is said to happen is a supposed “zero lower bound” on interest rates. Central banks stimulate spending and investment by increasing the money supply. With more liquidity in the economy than people want to hold, they try to buy profitable assets for their cash. This drives market interest rates down. But when nominal rates are (near) zero, investors can hold all the liquidity the central bank throws at them without missing out on returns elsewhere, so money printing loses its power to pull market rates further down – even if that is what the economy needs fully to employ its resources.... (read more at the link above)
Diana Whitten, the film’s director and producer who spoke with me by phone from a screening in Vermont, told me that, while it’s not in anyone’s best interest to break the law, “laws never prevent abortion.” “They never have, and they never will. All they prevent is safe abortion,” she said. Women on Waves, she added, will never bring “abortion to these countries - it’s already there.” It’s just illegal.