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** February 1, 2021
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** By William L. Anderson
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** A Wave of Abusive Federal Prosecutions Is Coming ([link removed])
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With the Capitol riots, Biden has his 9/11. Now come the legal assaults against Americans.
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** By Malachy McDermott
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** The ECB Is Playing a Dangerous Game with "Collective Action Clauses" on Bonds ([link removed])
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The ECB is now turning to a new mechanism by which a bond’s value can be legally reduced by the issuer in times of hardship. The purpose is to allow central banks and governments new ways of ripping off the private sector.
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** By David Gordon
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** What Rights Do Future Generations Have? ([link removed])
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Many say economics must focus on preserving resources for distant future generations. They say climate change is why. That may seem convincing in the abstract, but we soon learn how hard it is to predict future needs, and to ignore present ones.
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