Finance

A man in a suit holds a soccer ball decorated with dollar signs

Elaborate government investment fraud creates incentive for election fraud.

By Justin Katz | February 21, 2024 |

The latest shiny news object in Rhode Island media is the revelation that the Tidewater soccer stadium will cost Rhode Island taxpayers $132 million in order to finance $27 million of the construction costs, or $4.4 million per year for 30 years.  Grumbling is being heard from people with familiar names — “obviously these are…

Money pouring out of the Capitol Building dome.

Primer on the Insanity of the 14th-Amendment Solution

By Carroll Andrew Morse | May 21, 2023 |

Let’s go through all of the basics.  Most basic of all:  A debt remains real, even when you don’t have the money to pay it. And what makes a debt real? Basically, a debt is real when the parties who agreed to it and other parties around them agree that something bad will happen, if…

Providence, Rhode Island, USA park and skyline.

Politics This Week: Blame, Budgets, and Bailouts

By Justin Katz | April 3, 2023 |

John DePetro and Justin Katz walk through the latest comedies in Rhode Island politics and discuss the characters who have been stealing the spotlight.

Burning $100 bills

Easy Money and Hard Decisions

By John Loughlin | February 12, 2022 |

John Loughlin speaks with guests about monetary policy, military affairs in RI, and Medicare.