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Monday, December 09, 2019 {{ new Date().getDay() }}

Reprinted with permission from AlterNet.

On Tuesday, New York Attorney General Barbara Underwood announced that her office had secured an agreement in court for the Trump Foundation to dissolve:


The Trump Foundation, which is also the focus of a tax investigation that reportedly may result in criminal charges, has come under fire for using charitable money for Trump’s personal benefit, including to buy expensive portraits of himself and even settle litigation against his for-profit businesses.

Matthew Chapman is a video game designer, science fiction author, and political reporter from Austin, TX. Follow him on Twitter @fawfulfan.

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For a long time, inflation has been the phantom of the American economy: often expected but never seen. But the latest Consumer Price Index, which showed that prices rose by five percent from May of last year to May of this year, raises fears that it is breaking down the front door and taking over the guest room.

The price jump was the biggest one-month increase since 2008. It appears to support the warning of former Treasury Secretary Larry Summers, who wrote in February that President Joe Biden's budget binge could "set off inflationary pressures of a kind we have not seen in a generation." Senate Republican leader Mitch McConnell charged last month that the administration has already produced "raging inflation."

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