Dems Flee Bank of America

The Democratic National Committee is withdrawing its funds from the Bank of America to Amalgamated Bank, a union-0wned bank. What do they know that we don’t?

Union-Based Bank Draws Democrats

WASHINGTON—Some prominent Democratic and progressive organizations are scaling back financial ties with Bank of America Corp. and switching accounts to the nation’s largest union-owned financial-services firm.

The latest convert [...]

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Broke Bank Mountain

Why, for example, do we need a central bank at all? A typical if feeble answer is that we need a lender of last resort. To which the answer is: why? Why do we need a government-appointed entity to support banks that get in over their heads? A typical answer is [...]

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