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House Republican opposition to Ukraine funding – a large part of why Kevin McCarthy was ousted by the Freedom Caucus – is solidifying under newly crowned Speaker Mike Johnson, who hand-delivered a report to President Biden with a list of demands. In particular, the list – written by Rep. Mike Garcia (R-CA), informs Biden that Congress won’t […]
Estimated Reading Time: 3 minutes
It has become a running joke: the “strong” Bidenomics economy comes with an expiration date, as it is only “strong” for about a month, at which point the initial “strength” is downgraded, and the data is revised sharply lower. That has certainly been the case with US labor data, as we first reported last month, every […]
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The discovery last month of a Chinese COVID biolab in California shocked the nation but likely came as no surprise to the state’s Democrat governor, Gavin Newsom. He helped fund it. The now-notorious secret facility, which contained a massive stockpile of “infectious agents,” including coronavirus, and nearly a thousand dead lab mice and vials of unidentified biological […]
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Editors’ Note: This information seems to go even beyond what is called “regulatory capture.” Rule making agencies often lack expertise and hence tend to recruit personnel from the very companies they regulate. Progressives argued that “market failure” required the guiding hand of bureaucrats to correct abuses. However, in this case, regulators actually stand to profit […]
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Earlier this week, the leader of a medical watchdog organization called out Blue Cross Blue Shield (BCBS) of North Carolina over a racist grant program which only applied to organizations run by non-whites. “If ever there was a bad idea, the notion that we should start to separate our country along racial lines is amongst […]
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We previously discussed the movement in journalism schools to get rid of principles of objectivity in journalism. Advocacy journalism is the new touchstone in the media even as polls show that trust in the media is plummeting. Now, former executive editor for The Washington Post Leonard Downie Jr. and former CBS News President Andrew Heyward […]
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One week ago we looked at the latest consumer credit data where we found not one but two flashing red alerts: First, the total amount of credit card debt hit a new all time high, which however was to be expected from one of the most consistently increasing series across all US economic data, and […]
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Former US Attorney General Bill Barr says Hillary Clinton engaged in a “seditious” conspiracy against Donald Trump, and that he named Special Counsel John Durham to investigate what appears to have been a “dirty political trick” to paint the former president as a Russian stooge. “I thought we were heading into a constitutional crisis. I […]
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CEO of Germany’s multinational BASF SE, the world’s largest chemical producer, has warned that curbing or cutting off energy imports from Russia would bring into doubt the continued existence of small and medium-sized energy companies, and further would likely spiral Germany into its most “catastrophic” economic crisis going back to the end of World War 2. […]
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This essay is adapted from Mr. Ferguson’s new book, “Doom: The Politics of Catastrophe,” which will be published by Penguin Press on May 4. He is a senior fellow at the Hoover Institution at Stanford University. In 1957, the U.S. rose to the challenge of the ‘Asian flu’ with stoicism and a high tolerance for risk, offering […]