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Created
Wed, 23/08/2023 - 18:00
Gerry Gunner and James Waddell Buy-Now-Pay-Later (BNPL) is a relatively new form of consumer credit that you might have noticed as a payment option when shopping online or in person. However, there is little analysis in the public domain about who is using BNPL credit in the UK and its contribution to total household debt. … Continue reading Shining light on ‘shadow credit’ – what is Buy-Now-Pay-Later and who uses it?
Created
Wed, 23/08/2023 - 17:46
I’ve been thinking a lot lately about how society, and people in my profession (academics), think about activism. It seems to me that there is a widespread insufficient appreciation for the importance of activists in the world; often that attitude is even plainly dismissive. If this is true, then why is this the case, and […]
Created
Wed, 23/08/2023 - 09:14
Preparation time: 15 min.Chilling time: 2 hrs. Elegant enough for company but inexpensive enough for every day, this delicious dessert is easy to make. Unmold it in your nicest glass dessert dishes and top with delectable Creme Francaise. For 4 servings you will need:1 cup soft pitted dried prunes1 cup water1 envelope unflavored gelatin¼ cup […]
Created
Wed, 23/08/2023 - 08:30
Another GOP train wreck is coming to town They just can’t help themselves: Members of the House Freedom Caucus are making it harder for leadership to avoid a government shutdown, announcing on Monday that they’ll oppose a stopgap funding bill unless it caves to their terms.  The HFC is demanding more funding for border enforcement, cuts to the Department of Justice and FBI, and an end to “woke” policies at the Department of Defense. “We refuse to support any such measure that continues Democrats’ bloated COVID-era spending and simultaneously fails to force the Biden Administration to follow the law and fulfill its most basic responsibilities,” they said in a statement. “Any support for a ‘clean’ Continuing Resolution would be an affirmation of the current FY 2023 spending level grossly increased by the lame-duck December 2022 omnibus spending bill that we all vehemently opposed just seven months ago.” Congress is unlikely to complete its work on appropriations bills by the deadline on Sept. 30, with leadership calling for a continuing resolution to provide themselves with more time.
Created
Wed, 23/08/2023 - 07:00
This is a very useful piece about the timing of good economic news from Bill Scher: Despite near-record low unemployment, respectable Gross Domestic Product growth, wages outpacing inflation, and disposable personal income rising, Joe Biden’s job approval numbers have been stuck in the low 40s. Even more perplexing, approval for his handling of the economy is usually a tick worse than his overall job approval. In turn, several commentators are openly wondering: Why hasn’t Biden gotten credit for the improving economy? But the better question is: How long does it take for any president to get credit for an improving economy? We don’t have a pat answer because every president’s economic circumstances differ. But we have evidence to suggest that credit does not come quickly. Ronald Reagan experienced a sharp recession early in his first term, from July 1981 to November 1982, with the unemployment rate peaking at 10.8 percent a month after the recession officially ended.
Created
Wed, 23/08/2023 - 06:24
Donald’s Trump’s threats on social media MIGHT finally lead to legal consequences for him. Woo hoo! Today it was revealed that in Trump’s pretrial conditions in the Georgia RICO case he is forbidden from making any “direct or indirect threat of any nature against the community or to any property in the community,” including in “posts on social media or reposts of posts” by others on social media. Wow. It took a long time to get here, especially considering all the other times he intimidated and threatened witnesses on social media. Remember Alexander Vindman? Marie Yovanovitch, US Ambassador to Ukrainian? But now, because he’s under pretrial conditions and protective orders issued by a judge in our legal system, he MIGHT be charged with witness tampering. It’s one of the reasons that we needed to get him in this position. It’s the difference between lying to the media and on social media to the public, vs lying in court under oath. Keep Normalizing Jail For Trump Every time these conditions are set I watch the cable hosts and legal analysts talk about how pretrial jailing is not going to happen.