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Latest Articles
Does Cost Cutting Undermine Economic Growth?
Post Date: 2023-03-27 21:29:40 by Charles_Byrd
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Keynesian economists claim that cost cutting by companies in order to protect profits can lead to an economic slump. They believe that if everyone tries to cut costs, demand from retrenched workers for goods and services weakens, and as a result corporate revenues and profits come under pressure. This necessitates new layoffs, and the downward spiral accelerates. Popular thinking presents economic activity as a circular flow of money: spending by one individual becomes part of the earnings of another individual, and spending by this other individual becomes part of the first individual’s earnings. The idea is that recessions occur because consumers—for unknown reasons—cut ...
Marine Veteran Driving Uber Killed in California Carjacking
Post Date: 2023-03-26 19:30:56 by Charles_Byrd
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A U.S. Marine combat veteran and father driving Uber was shot and killed by a rider Friday morning. Aaron Orozco, 38, got into a "physical altercation" with two of his Uber riders at a 7-Eleven in Lynwood, California, when he was shot by one of the riders, according to L.A. police. The criminal fled the scene in Orozco's Honda Accord, which was ditched not far away from the scene, according to police. Click for Full Text!
Florida Abortion Providers Fined $500K Over 24-Hour-Wait Law
Post Date: 2023-03-26 19:27:41 by Charles_Byrd
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Florida is handing out fines for abortion providers under a little-known law, as the state has become a destination for women seeking abortions due to its 15-week abortion restriction. Surrounding states with heartbeat laws that restrict abortions around 6 weeks have travelers going to Florida for abortions, but a law requiring a 24-hour wait for those to sleep on their decision has abortion providers getting fined, Politico reported. Click for Full Text!
Pentagon Urging Silicon Valley Startups Into Arms Race Business
Post Date: 2023-03-26 19:25:26 by Charles_Byrd
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Amid a burgeoning arms race with China, an expert is warning the Pentagon is set up like an outdated Detroit automaker, while China is modernized like a Silicon Valley startup. "China is organized like Silicon Valley," Gordian Knot Center for National Security Innovation at Stanford University co-founder Steve Blank told The Wall Street Journal. "That's not a fair fight. Click for Full Text!
Israeli PM Netanyahu Fires Defense Minister
Post Date: 2023-03-26 19:24:02 by Charles_Byrd
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Thousands of Israelis took to the streets on Sunday in protest after Prime Minister Benjamin Netanyahu dismissed his defense minister Yoav Gallant, who had urged the government to halt a highly-contested plan to overhaul the judicial system. Reuters TV footage showed huge crowds blocking Tel Aviv's main highway as well as a group of protesters lighting a bonfire in the middle of the highway. CNN reported that protesters had breached a security fence near Netanyahu's residence. Click for Full Text!
Army Pulls Recruiting Ads After Jonathan Majors' Arrest
Post Date: 2023-03-26 19:22:13 by Charles_Byrd
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The arrest of actor Jonathan Majors has upended the Army’s newly launched advertising campaign that was aimed at reviving the service’s struggling recruiting numbers. Majors, who authorities said was arrested Saturday in New York on charges of strangulation, assault and harassment, was the narrator of two ads at the heart of a broader media campaign that kicked off at the start of the NCAA's March Madness college basketball tournament. Click for Full Text!
Protester Fighting for Life After France Clashes
Post Date: 2023-03-26 19:17:14 by Charles_Byrd
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A protester with trauma to the head was fighting for his life on Sunday following clashes with police during a demonstration over water storage facilities in France, a prosecutor said. The 30-year-old man was among three protesters admitted for emergency treatment after the protest in the southwestern village of Sainte-Soline Saturday, prosecutor Julien Wattebled said. Click for Full Text!
90% of Babies With Down Syndrome are Killed in Abortions, We Must Fight for Them
Post Date: 2023-03-25 06:52:06 by Charles_Byrd
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Children with Down syndrome face discrimination before they are even born. Researchers estimate between 60 percent and 90 percent of unborn babies diagnosed with Down syndrome are aborted in the United States. In other countries, the deadly discrimination rate is nearly 100 percent, and many families say they felt pressured to abort their unborn babies by doctors and genetic counselors. Click for Full Text!
Loving the Unlovable
Post Date: 2023-03-25 06:49:24 by Charles_Byrd
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Pro-life pregnancy centers may be a best-kept secret in America. But even more unknown are the hundreds of maternity homes, many that provide desperately needed help on a level that may surprise you. The false accusation is well known. “Anti-abortion people only care about the fetus. They don’t support women or the baby after delivery.” Click for Full Text!
FDIC Insurance, Credit Suisse and the Day the Fed Killed Europe
Post Date: 2023-03-25 06:47:28 by Charles_Byrd
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So, Credit Suisse is no more. Good riddance? I think this is an open question given the very complicated landscape of the global banking system today. By the time I’m done here I think you’ll have an answer that no one, including me, was expecting. There’s a lot to cover, so let’s start at the beginning. Click for Full Text!
US Studies How To Guarantee All $18 Trillion In US Bank Deposits
Post Date: 2023-03-25 06:46:00 by Charles_Byrd
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After repeated laments by the likes of Bill Ackman, who most recently said that “I continue to believe that the best course of action is a temporary @FDICgov deposit guarantee until an updated insurance regime is introduced” (and who just flip-flopped on his “Fed must hike with shock and awe“ call from 2022 and is now urging for a Fed hiking pause), and following a Bloomberg weekend report that US mid-sized banks demanded a two-year total deposit insurance scheme from the FDIC, and warned if it doesn’t arrive, there may lots more shotgun weddings (or shotguns), moments ago Bloomberg reported that “US officials are studying ways they might temporarily expand ...
The Radical Pro-Abortion Bills that Threaten Colorado
Post Date: 2023-03-25 06:44:38 by Charles_Byrd
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Recently, Colorado introduced a trio of radical new pro-abortion bills that, if passed, would make it the most hostile state for preborn life in the Union. One of the bills, named “Prohibiting Deceptive Practices at Anti-Abortion Centers,” takes direct aim at pregnancy resource centers, which have been serving women across the country for decades with free pregnancy tests, prenatal care, parenting classes, baby clothes, diapers, and more. Referring to these centers as “anti- abortion” is an attempt to paint them as shadowy fronts for nefarious political action. Left unaddressed in this and every politically motivated attack on pregnancy resource centers is where women ...
The Secret Plan To Bailout Moderna
Post Date: 2023-03-25 06:42:56 by Charles_Byrd
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In a court filing last month, Department of Justice lawyers offered to “relieve” Moderna of any liability it faces from a lawsuit that accuses the drug company of failing to pay licensing fees for technology it used to develop its vaccine during “Operation Warp Speed.” Moderna has argued that the federal government should be on the hook for any legal settlement because of a stipulation in its contract that protects the company from patent litigation. The government had stayed silent on the matter until last month, when Justice Department lawyers said that any liability that Moderna faces should “transfer” to the United States government, citing a World War ...
"We Are Headed for Another Train Wreck": Bill Ackman Blames Janet Yellen for Restarting the Bank Run
Post Date: 2023-03-25 06:41:01 by Charles_Byrd
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Yesterday morning we joked that every time Janet Yellen opens her mouth, stocks dump. Click for Full Text!
Abortions are Not Safe, They Just Kill Babies and Hurt Women
Post Date: 2023-03-25 06:38:35 by Charles_Byrd
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Abortion headlines on steroids are plastered nationwide as a federal judge in Texas prepares to decide if Chemical Abortion Pills were recklessly introduced in the U.S. market leading to a reprisal of Chicken Little’s famous cry, “The sky is falling” because a dangerous abortion pill may not be available. For women who want to survive an abortion without injury, infertility, death, or exposure to abusers, this is good news. The rush job for approval led by former President Bill Clinton, ignored potential problems, resulting from a strange focus by our federal government – a fixation on corporate interests and not on the consumer or patient. Click for Full Text!
Here’s How I Know You’ll Survive This
Post Date: 2023-03-25 06:35:40 by Charles_Byrd
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There’s a survival secret that not a lot of people talk about, and it’s how I know that more than likely, you’re going to survive whatever is coming at us next. It’s easy to get swept away by the doom and gloom and the pending disaster of the moment. At times like this, it feels like we have annihilation bearing down on us from every angle: the economy is almost kaput, nuclear powers like Russia and China aren’t our biggest fans, and civil war could erupt at any moment. And that doesn’t even take into account random natural disasters like wildfires and hurricanes, or horrific accidents like the train derailment in Ohio. Click for Full Text!
John Bolton’s Prominence In The Media Proves Our Entire Society Is Diseased
Post Date: 2023-03-25 06:34:29 by Charles_Byrd
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In order to narrative-manage the public conversation about the Iraq War on the 20th anniversary of the invasion, those who helped unleash that horror upon our world have briefly paused their relentless torrent of “Ukraine proves the hawks were always right” takes to churn out a deluge of “Actually the Iraq War wasn’t based on lies and turned out pretty great after all” takes. Council on Foreign Relations chief Richard Haas — who worked in the US State Department under Colin Powell when Bush launched his criminal invasion — got a piece published in Project Syndicate falsely claiming that the US government and his former boss did not lie about weapons of ...
The 5th Circuit Rebukes the FDA for Flouting the Law While Imposing a De Facto Ban on Flavored E-Cigarettes
Post Date: 2023-03-24 21:34:19 by Charles_Byrd
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Since 2020, when the Food and Drug Administration (FDA) began considering millions of applications from companies seeking permission to keep selling their nicotine vaping products, it has rejected almost all of them. All of the products it has approved are tobacco-flavored, reflecting the agency's conviction that other flavors, which are the ones that former smokers overwhelmingly prefer, are dangerously appealing to teenagers. Yesterday a federal appeals court said that pattern and the shifting regulatory criteria underlying it amount to an unacknowledged and probably illegal policy change: The FDA moved the goal posts for applicants without admitting it was doing that, let alone ...
A million lives later, I cannot forgive what American terrorism did to my country, Iraq
Post Date: 2023-03-24 21:29:13 by Charles_Byrd
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In early 2003, I was living in Cairo and carrying out research for my doctoral dissertation on a famous Iraqi poet who lived in my hometown, Baghdad, in the 10th century. But I was increasingly anxious about the Baghdad of the 21st century. Like millions of people across the world’s major cities, I took part in the massive protests against the then imminent invasion of Iraq. Tahrir Square, the centre of the revolution that toppled the Egyptian president, Hosni Mubarak, eight years later, swelled with tens of thousands of angry Cairenes. We headed to the nearby US embassy, but the riot police pushed us back with batons. Click for Full Text!
Brickbat: Don't Forget To Look Inside
Post Date: 2023-03-24 04:27:34 by Charles_Byrd
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The body of Adam "A.J." Blackstock was found in the storage area of his SUV, which was parked at a Kansas City police station. It had been towed there after his family did not hear from him and tracked the vehicle down through a GPS device to a stranger's home, where it was covered with a tarp. Click for Full Text!
Is Secession Fanciful? It’s Already Underway, Says Professor
Post Date: 2023-03-24 04:25:17 by Charles_Byrd
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Secession goes periodically in and out of pseudo-elite fashion. When a Republican is elected president, as in 2016 with Donald Trump, liberals in blue (mood) areas sometimes talk about leaving the Union to form their own republics. The media may call this understandable frustration. When leftists control the executive branch and start trampling the Constitution, as in now with the Biden administration, conservatives opine likewise. Representative Marjorie Taylor Greene has done this, warning that civil war is inevitable unless there’s a national divorce. Of course, when rightists do it, the media may call secession appeals “dangerous radicalism.” But there’s another way ...
Federal Judge Strikes Down California Gun Law as Unconstitutional
Post Date: 2023-03-24 04:20:17 by Charles_Byrd
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A federal judge on Monday blocked a California law that restricts the sale of new handguns. U.S. District Court Judge Cormac Carney pointed out that parts of the legislation violate the Second Amendment and therefore are unenforceable. Click for Full Text!
North Carolina Second Amendment Protection Bill Sits on Governor’s Desk
Post Date: 2023-03-24 04:16:44 by Charles_Byrd
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Republican North Carolina state Senator Jim Perry is locked in a legislative vs. executive showdown with the state’s Democratic governor, Roy Cooper, over the former’s bill to protect the right to keep and bear arms in the Tarheel State. Notably, Governor Cooper has vetoed similar legislation in the past. Perry is one of the primary sponsors of Senate Bill 41 — the Guarantee 2nd Amendment Freedom and Protections Act — a measure that was handily passed by both houses of the state’s legislature and now sits on Governor Perry’s desk, waiting for his signature or veto. If he hasn’t rejected the bill by March 26, then it will become law without his signature. ...
Brickbat: Walk This Way, Don't Drive
Post Date: 2023-03-24 04:14:23 by Charles_Byrd
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In England, the council for the London borough of Hackney has announced plans to ban through traffic from from motorized vehicles from 75 percent of city streets. Electric vehicles and bicycles would still be allowed to travel through, as will emergency vehicles and trash collection trucks. Click for Full Text!
How government casually violates the letter and spirit of the First Amendment
Post Date: 2023-03-24 04:10:08 by Charles_Byrd
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As long as the awful law exists, concerning which the Supreme Court will hear oral arguments on Monday, be careful what you say to, or write about, unauthorized immigrants. Congress, in one of the federal government’s increasingly frequent offenses against the First Amendment, makes it a crime if one “encourages or induces an alien to come to, enter, or reside in” this nation in violation of federal law. Let the formulation of hypotheticals begin in order to illustrate the law’s unconstitutional vagueness and overbreadth. Suppose a pediatrician says an unauthorized immigrant’s child needs medical care that is available here but not in the country from which the ...
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