Page de couverture de 2025 9-16 Matters of Democracy "Invasion" of Memphis; Corruption; Fed Reserve; TikTok

2025 9-16 Matters of Democracy "Invasion" of Memphis; Corruption; Fed Reserve; TikTok

2025 9-16 Matters of Democracy "Invasion" of Memphis; Corruption; Fed Reserve; TikTok

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Political Posturing and "Invasion" of Memphis: Donald Trump has shifted his declared target for National Guard deployment from Chicago to Memphis, ostensibly to combat crime. This move is largely seen as a political maneuver to "intimidate a blue city in a red state." The sources emphasize the racial implications of this deployment in a majority-Black city in the South, recalling historical contexts of policing evolving from "slave patrols" to enforce racial segregation.

The administration is accused of increasingly "brazen" corruption, particularly regarding financial dealings and policy decisions. Key Facts: The New York Times reported that Sheikh Tahnoon bin Zayed Al Nahyan of the UAE invested $2 billion into the Trump family's "crypto scam," World Liberty Financial. Weeks later, the UAE gained "unexpected" access to "hundreds of thousands of the world's most advanced and scarce computer chips," a crucial tool for AI dominance, with White House agreement.

Trump is actively trying to exert control over the independent Federal Reserve, encountering both successes and setbacks. Key Facts: The Senate approved Stephen Miran, Trump's pick for an open Fed seat, by a vote of 48-47. Miran works for the Trump administration in the White House, raising "a severe conflict of interest" concern. Trump attempted to fire Fed member Lisa Cook, a Biden appointee, citing alleged mortgage fraud.

The administration has failed to enforce congressional legislation requiring TikTok to be sold to non-Chinese interests, seemingly due to political expediency and a perceived shift in the platform's content. Key Facts: Trump refused to enforce the bill's terms, granting multiple extensions when only one was allowed. His stance shifted from "very anti-TikTok because he was very anti-China" to allowing extensions after the platform "took a very pro-Trump turn." The White House announced a "framework" for a deal, but details are unknown, and a spokesperson confirmed it's "not actually been resolved quite yet."

Kamala Harris, in her leaked book "107 Days," states it was "reckless for Democrats to leave the decision up to Joe Biden about whether he should seek reelection at his age (81)." She noted, "But at 81, Joe got tired. That's when his age showed in physical and verbal stumbles."

Two-year Treasury yield: Identified as the most sensitive part of the yield curve to Fed policy, currently at 3.53%. It serves as a "contrarian indicator" when consensus strongly favors rate cuts. Polymarket vs. Futures Markets: Polymarket is considered a "better place to bet on the probability of [rate cuts] than betting on bonds." While both predict multiple cuts, Polymarket shows "more conservative" and "a shade more skeptical" expectations than futures traders.

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