"Nobody loves America more than I do, you know. That's why we left, because I couldn't bare to watch. You kids have got to understand this. Like when my mother died, she'd been strong as an ox, fell down, broke her hip, went into the hospital and caught double pneumonia. She's laying in bed dying and I went over and held her hand. She looked up to me and you know what she said? "Why don't you give me some rat poison?" Couldn't listen, couldn't watch, so I went away. People said that I was at the height of callousness, it's not true. I loved her too much to watch her die." -- Allie, The Mosquito Coast

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Nearly 20,000 businesses have warned they’re at risk of closing if President Joe Biden is elected to a second term.

In a new report from RedBalloon and PublicSquare, nearly half of the 80,000 small businesses surveyed said they “definitely” or “probably” will not survive another four years with Biden.

A coalition of House Republicans, led by Rep. Thomas Massie of Kentucky, has introduced a bold measure aimed at dismantling the Federal Reserve System, signaling a renewed push to overhaul the nation’s monetary policy.

The legislation, dubbed the “Federal Reserve Board Abolition Act,” proposes the elimination of both the Board of Governors of the Federal Reserve System and all Federal reserve banks, while also repealing the Federal Reserve Act.

The New York Federal Reserve believes that several regional banks throughout the country are at risk of failure due to their overexposure to commercial loans. The Fed cited an analysis by the Klaros Group, which studied 4,000 American banks and found 282 could go under if their commercial loan portfolios were to fail. The good news for American consumers is that most of those banks are smaller and hold less than $10 billion in assets.

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Interest payments on the nation’s ballooning debt just eclipsed spending on defense and Medicare, worrying policy experts who have warned this threatens to undermine U.S. economic stability.

In the first seven months of fiscal year 2024, which began in October, spending on net interest surged to $514 billion, surpassing spending on both national defense ($498 billion) and Medicare ($465 billion). In fact, interest costs have topped spending on veterans, education and transportation combined.

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