US Army Proposes To Cut Troop Levels Under 1 Million For The First Time In 20 Years

This is scary shit… 473,000 full time soldiers and the rest are weekend warriors. Russia, has well over a million active military and China…millions. https://www.bloomberg.com/news/articles/2022-03-28/u-s-army-proposes-to-cut-its-troop-numbers-below-one-million?srnd=premium The Army would fall under 1 million soldiers for the first time in 20 years …

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CT Gov Proposes $336M in Tax Cuts

Lamont, a Democrat running for re-election, floated a package mainly targeted to middle and lower-income residents that would: Increase a property tax credit to $300 from $200 and expand eligibility Reduce property taxes on 1.7 million motor vehicles Accelerate the …

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Hilarity in NIRP Zone: Italian 2-Year Yield Still Near 0%, as New Government Proposes Haircut for Creditors and Alternate Currency, Markets on “Knife Edge”

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The ECB’s Negative Interest Rate Policy has been the funniest monetary joke ever. The distortions in the European bond markets are actually quite hilarious, when you think about them, and it’s hard to keep a straight …

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SEC Proposes to Enhance Protections and Preserve Choice for Retail Investors in Their Relationships With Investment Professionals

by Eazy_DuzIt https://www.sec.gov/news/press-release/2018-68 Washington D.C., April 18, 2018 — The Securities and Exchange Commission today voted to propose a package of rulemakings and interpretations designed to enhance the quality and transparency of investors’ relationships with investment advisers and broker-dealers while preserving …

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