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Default Browsers and Debit Payments: The DOJ’s Latest Antitrust Cases
fee.org > articles > default-browsers-and-debit-payments-the-dojs-latest-antitrust-cases
Kimberlee Josephson | Tuesday, December 3, 2024Antitrust has been a hot topic for media coverage ever since the Biden administration appointed Lina Khan to the chair position of the Federal Trade Commission (FTC). And while Khan’s days may be numbered at the FTC, antitrust enforcement will continue to be a contested issue for some of America’s most successful businesses thanks to […] -
The Post Office Is on Pace for Its Worst Year since 2012 Default
fee.org > articles > the-post-office-lost-6-billion-already-in-2019-and-is-on-pace-for-its-worst-year-since-its-2012-default
Jon Miltimore | Tuesday, August 13, 2019The Post Office has racked up $5.9 billion in losses already this fiscal year. Since 2007, losses have totaled more than $70 billion.
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Default Looms at Postal Service
fee.org > articles > default-looms-at-postal-service
Kevin Bayer | Tuesday, July 31, 2012“The U.S. Postal Service is bracing for a first-ever default on billions in payments due to the Treasury, adding to widening uncertainty about the mail agency’s solvency as first-class letters plummet and Congress deadlocks on ways to stem the red ink.” (USA Today) This would be a good time to open mail delivery to the […] -
Obama Invites Congressional Leaders to White House to Avert Default
fee.org > articles > obama-invites-congressional-leaders-to-white-house-to-avert-default
Kevin Bayer | Wednesday, July 6, 2011“Facing an Aug. 2 deadline, Congress and the White House are stepping up face time to avert what the Treasury Department has called ‘catastrophic economic and market consequences’ of a default on the national debt. President Obama on Tuesday invited congressional leaders to the White House on July 7 to ‘drive toward a final agreement’ […] -
Greek Default Nears
fee.org > articles > greek-default-nears
Kevin Bayer | Friday, April 23, 2010“The Greek debt crisis escalated sharply Thursday, weakening the euro and sending ominous ripples across a stagnant European economy. Greece is on the edge of default as talks continue on a $56 billion rescue package from the International Monetary Fund and the European Union that is contingent on Athens taking further austerity measures.” (Washington Post, […] -
Greece’s Default Would Benefit Banks
fee.org > articles > greeces-default-would-benefit-banks
Kevin Bayer | Thursday, February 25, 2010“Bets by some of the same banks that helped Greece shroud its mounting debts may actually now be pushing the nation closer to the brink of financial ruin.” (New York Times, Thursday) A window into our future? FEE Timely Classic “Underground Government” by Hans F. Sennholz -
Government to Step up Mortgage-Default Program
fee.org > articles > government-to-step-up-mortgage-default-program
Sheldon Richman | Monday, November 30, 2009“The Obama administration on Monday plans to announce a campaign to pressure mortgage companies to reduce payments for many more troubled homeowners, as evidence mounts that a $75 billion taxpayer-financed effort aimed at stemming foreclosures is foundering.” (New York Times, Sunday) If government makes it easier to change the terms of loans, it will make […] -
Federal Shortfall Equals $670K Per Household
fee.org > articles > federal-shortfall-equals-670k-per-household
James Agresti | Friday, February 17, 2017If all $84.3 trillion worth of government debt were spread out among every household in the U.S., each of our families would be on the hook for $670,000.
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Blaming the Wrong Culprit for Rising College Costs
fee.org > articles > blaming-the-wrong-culprit-for-rising-college-costs
James Agresti | Monday, June 24, 2019Elizabeth Warren, Bernie Sanders, and various media outlets are misleading the public about these issues while calling for taxpayers to provide even more money.
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The Pentagon Ramps Up the War on Privacy
fee.org > articles > the-pentagon-ramps-up-the-war-on-privacy
David M. Brown | Tuesday, April 1, 2003David Brown is a freelance writer and editor. This is the first of two parts. [Editor's Note: As we went to press the U.S. Congress had hampered the Defense Department's ability to carry out the threat to privacy discussed in the following article. Under the provision adopted the Pentagon cannot proceed until it assesses for […]