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November 2024

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BlackRock Rises From the Shadows

An unregulated Wall Street investment firm has become so powerful that it now controls the U.S. economy. To most people, if they are familiar with it at all, BlackRock helps pension funds and retirees manage their savings through “passive” investments that track the stock market. But working behind the scenes, it is much more than...

Derailing Amtrak

Eight people were killed and more than 200 injured when an Amtrak train bound for New York City derailed in Philadelphia on May 12. According to federal officials, the train had been barreling around a sharp curve at 106 mph—more than double the allowable maximum speed—just moments before the locomotive and all the cars careened...

Banking On A Sure Thing

While 49 state treasuries were submerged in red ink after the 2008 financial crisis, one state’s bank outperformed all others. So reports The Wall Street Journal, discussing the Bank of North Dakota (BND) and its striking success in the midst of a national financial collapse led by the major banks. Chester Dawson begins his November...