Happen to miss The Larry O’Connor Show today? Recap today’s program by checking out topics from the program below:
Opportunity Zone Rules Aim to Draw Capital to Distressed Areas (Bloomberg)
It will be easier to invest in businesses and real estate in low-income communities throughout the U.S. now that the Trump administration has released rules for a tax break to encourage economic development in distressed areas.
Wall Street banks, private equity firms, real estate developers and others have been eagerly awaiting the regulations, which the administration says will spur $100 billion of investment into the more than 8,700 areas designated as “opportunity zones” in the 2017 federal tax overhaul. [Read More]
Socialist eras and errors (The Washington Times)
Socialism is cool again, thanks not least to septuagenarian Sen. Bernie Sanders and millennial Rep. Alexandria Ocasio-Cortez (aka AOC). Socialism has been cool before, of course, notably during the Great Depression and what became known as the Sixties, the era of Vietnam, the civil rights movement, hippies and the (old) New Left.
As a reporter for my high school newspaper in the later period, I interviewed Earl Browder, who had been general secretary of the Communist Party USA during the 1930s. He coined the slogan: “Communism is 20th century Americanism.” [Read More]
Attorney general will hold a news conference to discuss Mueller report (The Washington Post)
Attorney General William P. Barr will hold a news conference Thursday to discuss special counsel Robert S. Mueller III’s final report, adding a must-see-TV event to the day he will release the long-awaited document.
President Trump revealed the plan during a radio appearance, and a Justice Department spokeswoman later confirmed it. The news conference will occur at 9:30 a.m., and Barr, appearing alongside Deputy Attorney General Rod J. Rosenstein, will take questions. It was not immediately clear whether the news conference would occur before or after the report’s release. [Read More]
