Cato Institute

Horatio Alger Association of Distinguished Americans, Inc. Names New Chief Executive Officer and Chief Operating Officer

Retrieved on: 
Mittwoch, April 10, 2024

WASHINGTON, April 10, 2024 /PRNewswire/ -- Horatio Alger Association of Distinguished Americans, Inc., a nonprofit educational organization honoring the achievements of outstanding individuals and encouraging youth to pursue their dreams through higher education, today announced Lesley Albanese has been named as Chief Executive Officer, effective April 1, 2024. Albanese succeeds Terrence J. Giroux, who served the Association for 36 years and left an indelible mark on the organization. Additionally, Constantine G. Katsarakis has assumed the role of Chief Operating Officer after 12 years in various leadership roles within the organization, most recently as Associate Executive Director.

Key Points: 
  • Additionally, Constantine G. Katsarakis has assumed the role of Chief Operating Officer after 12 years in various leadership roles within the organization, most recently as Associate Executive Director.
  • "It is an honor to be named as Chief Executive Officer of this esteemed Association," said Albanese.
  • His promotion to Chief Operating Officer will help to ensure a seamless transition in leadership for the Association and continuity of critical institutional knowledge.
  • For more information regarding the Horatio Alger Association of Distinguished Americans, Inc., please visit www.horatioalger.org and/or follow the organization on Facebook , Twitter (X) and Instagram .

Gabelli Multimedia Trust Appoints Susan Watson Laughlin to the Board of Trustees

Retrieved on: 
Montag, März 25, 2024

RYE, N.Y., March 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (the “Board”) (NYSE: GGT ) (the “Fund”) announced the appointment of Susan Watson Laughlin to the Board of the Fund effective February 13, 2024.

Key Points: 
  • RYE, N.Y., March 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (the “Board”) (NYSE: GGT ) (the “Fund”) announced the appointment of Susan Watson Laughlin to the Board of the Fund effective February 13, 2024.
  • Ms. Watson Laughlin brings to the Board an extensive career in investor relations with such notable firms as MCI, Interpublic Group, Pepsico, Nielsen Media Research, Gannett and Metromedia.
  • Most recently, she served in the Board of Directors Practice at Spencer Stuart.
  • She served as President of the Investor Relations Association from 1998-2000 and on the Board of Directors of the National Investor Relations Institute from 1994-1996.

Elon Musk's Carbon Tax Promo Fails says Friends of Science Society

Retrieved on: 
Donnerstag, Februar 22, 2024

CALGARY, Alberta, Feb. 22, 2024 /PRNewswire-PRWeb/ -- "Elon Musk's Unbelievably Simple Killer Break Down on Climate Change" - a video released on Feb. 03, 2024, which promotes a carbon tax, is a failure, says Friends of Science Society. As reported by the CATO Institute on Feb. 08, 2024, the video's voice over recycles a speech Elon Musk gave at the Panthéon‐Sorbonne University in Paris, coincident to the Paris "COP21" Climate Conference in 2015.

Key Points: 
  • Elon Musk's video promoting the notion of a carbon tax as a means to mitigate climate change is a ''failure'' says Friends of Science Society, referring to Canada's disastrous experience with carbon tax and inflation.
  • CALGARY, Alberta, Feb. 22, 2024 /PRNewswire-PRWeb/ -- " Elon Musk's Unbelievably Simple Killer Break Down on Climate Change " - a video released on Feb. 03, 2024, which promotes a carbon tax, is a failure, says Friends of Science Society.
  • Numerous academics and economists back the carbon tax as 'the solution' to climate change, but Friends of Science Society calls this " CarbonTax – a-philia : Unnatural Love of Carbon Taxes for No Reason."
  • Friends of Science Society says Canada's experience with carbon tax and rebate shows the method fails to reduce emissions while simultaneously driving up inflation.

Join Us for CREFC's Timely High-Yield, Distressed Assets, & Servicing Conference in New York

Retrieved on: 
Mittwoch, Februar 7, 2024

NEW YORK, Feb. 7, 2024 /PRNewswire/ -- The CRE Finance Council (CREFC), the trade association that exclusively represents the nearly $6 trillion commercial and multifamily real estate finance industry, will host its annual High-Yield, Distressed Assets, & Servicing Conference on March 6-7 in New York City. This event brings together servicers, alternative lenders, and high-yield investors focused on commercial real estate (CRE) debt and equity, as well as sub-performing and non-performing commercial property loans.

Key Points: 
  • CREFC's timely two-day conference offers a rich program examining the latest top-of-mind issues in CRE finance, including rising borrowing costs tied to elevated interest rates and escalating expenses for property owners.
  • Attendees will have the opportunity to learn how different property types respond to a mix of macroeconomic challenges and high borrowing costs.
  • Conference sessions will also take a deep dive into the mechanics of CRE debt workouts and servicing troubled debt.
  • Dr. Calabria, currently a senior advisor to the Cato Institute, will speak about housing, politics, the regulatory environment, and macroeconomic issues.

Fraser Institute News Release: Hong Kong plummets to 46th spot in latest Human Freedom ranking as China continues to violate “one country, two systems” pact

Retrieved on: 
Dienstag, Dezember 19, 2023

Mainland China has always been less free than the territory and this year, China ranks 149th out of 165 jurisdictions.

Key Points: 
  • Mainland China has always been less free than the territory and this year, China ranks 149th out of 165 jurisdictions.
  • “Freedom has suffered a precipitous decline in Hong Kong, but its tragic descent into oppression provides important lessons about the value of freedom,” said Fred McMahon, resident fellow at the Fraser Institute and co-author of this year’s report.
  • the freedom to choose your relationship partner), freedom of movement, speech, assembly and religion—alongside economic freedom, the ability of individuals to make their own economic decisions.
  • “Human freedom increases prosperity and human well-being and has powered the growth of some of the most remarkable jurisdictions in the world, including Hong Kong,” McMahon said.

NCLA Asks Court to Uphold Lawsuit Against Dep’t of Education’s Illegal Student Loan Payment Pause

Retrieved on: 
Dienstag, Dezember 5, 2023

of Education’s unlawful 35-month suspension of monthly student loan payment obligations.

Key Points: 
  • of Education’s unlawful 35-month suspension of monthly student loan payment obligations.
  • Congress lawfully suspended monthly payment obligations and interest accrual on federal student loans by statute for six months in 2020 in response to the Covid-19 pandemic.
  • NCLA asks the Court to declare these suspension and debt cancellation measures unlawful and put a stop to them before the Department of Education can overstep its authority even more.
  • That starts by recognizing the Mackinac Center’s economic injury here and denying the government’s motion to dismiss this lawsuit.”

NCLA Asks Appeals Court to Block Unlawful Biden Scheme Trying to Cancel Student Loan Debt

Retrieved on: 
Dienstag, Oktober 10, 2023

Moving on an accelerated schedule to deter court review, the Department of Education announced the unlawful plan in July before the ink was dry on the Supreme Court opinion striking down its old $430 billion student loan debt cancellation plan.

Key Points: 
  • Moving on an accelerated schedule to deter court review, the Department of Education announced the unlawful plan in July before the ink was dry on the Supreme Court opinion striking down its old $430 billion student loan debt cancellation plan.
  • On October 4, President Biden announced an additional $9 billion in student loan debt cancellation, including $5.2 billion for PSLF borrowers and $2.8 billion for IDR borrowers.
  • NCLA released the following statements:
    “The Supreme Court has declared unlawful the Administration’s $430 billion student loan program to cancel student loan debt by administrative fiat without involving Congress.
  • The Department of Education’s ongoing campaign to cancel billions of dollars of student loans by rewriting statutes is disgraceful and despotic.”

NCLA Asks Appeals Court to Block Unlawful Biden Scheme Trying to Cancel Student Loan Debt

Retrieved on: 
Dienstag, Oktober 10, 2023

Moving on an accelerated schedule to deter court review, the Department of Education announced the unlawful plan in July before the ink was dry on the Supreme Court opinion striking down its old $430 billion student loan debt cancellation plan.

Key Points: 
  • Moving on an accelerated schedule to deter court review, the Department of Education announced the unlawful plan in July before the ink was dry on the Supreme Court opinion striking down its old $430 billion student loan debt cancellation plan.
  • On October 4, President Biden announced an additional $9 billion in student loan debt cancellation, including $5.2 billion for PSLF borrowers and $2.8 billion for IDR borrowers.
  • NCLA released the following statements:
    “The Supreme Court has declared unlawful the Administration’s $430 billion student loan program to cancel student loan debt by administrative fiat without involving Congress.
  • The Department of Education’s ongoing campaign to cancel billions of dollars of student loans by rewriting statutes is disgraceful and despotic.”

The Paley Center for Media Announces Upcoming PaleyImpact Events at The Paley Museum

Retrieved on: 
Montag, September 18, 2023

NEW YORK, Sept. 18, 2023 /PRNewswire/ -- The Paley Center for Media announces two groundbreaking PaleyImpact events as part of the season's exciting October lineup. The first event, taking place on Thursday, October 5 at 6:30 pm, is part of this year's much-anticipated James P. Jimirro Media Impact Series, Social Media and the Public Square: Balanced or Biased? It will be followed by another installment of the PaleyImpact series exploring Media's Role in Combating Antisemitism, David Baddiel: Jews Don't Count on Wednesday, October 25 at 6:30 pm. Each PaleyImpact event taking place at The Paley Museum, 25 West 52 Street between 5th and 6th Avenues, promises to provide attendees with exclusive insight into some of the most important topics today, including the fight against the rising tide of antisemitism and social media's impact on conversations in the public square.

Key Points: 
  • NEW YORK, Sept. 18, 2023 /PRNewswire/ -- The Paley Center for Media announces two groundbreaking PaleyImpact events as part of the season's exciting October lineup.
  • The insightful James P. Jimirro Media Impact Series event Social Media and the Public Square: Balanced or Biased?
  • The Paley Center is gathering a group of journalists and experts encompassing the political spectrum to debate these questions and more.
  • "The PaleyImpact series continues to highlight some of the most pressing issues at the intersection of media and culture today," said Maureen Reidy, President and CEO of The Paley Center for Media.

The Federal Reserve Takes Bold Step in Exploring Central Bank Digital Currencies

Retrieved on: 
Montag, September 11, 2023

TAMPA, Fla., Sept. 11, 2023 /PRNewswire-PRWeb/ -- As a leader in fintech, Eaton is always looking toward future innovations in digital technology. However, she cautions, "With the lightning-fast pace of tech development and innovation, there needs to be an investment in infrastructure before its universal adoption. And, while digital currency has been around for over a decade, it is still in its beta-testing phase, especially when it comes to meeting consumer protection expectations."

Key Points: 
  • The Federal Reserve, the central bank of the United States, is actively delving into the realm of Central Bank Digital Currencies (CBDCs) with an eye toward revolutionizing financial systems and improving accessibility to digital transactions.
  • The Federal Reserve Act of 1913 established the Federal Reserve System as the central bank in the United States.
  • (1)
    A central bank digital currency (CBDC) is a digital form of a country's currency issued and backed by the central bank.
  • Among them, 26% were conducting CBDC pilots, and over 60% were engaged in experiments or proofs-of-concept related to digital currencies.