Thanks for the amazing insight, Comrade Chris.
Right to work states, particularly those to the south of Maryland are partly to blame for today’s rioting in Baltimore, Hardball host Chris Matthews suggested tonight as he wrapped an interview via satellite with former NAACP president and former Congressman Kweisi Mfume (D-Md.).
“I wish the jobs hadn’t first gone south, congressman, because that’s where they went first. And they went to the right-to-work states, you know where they went, where the unions didn’t have any power. You could get people to work for nothing and the stuff wasn’t that good that was made down there. But that was the first stop on the trip away [of jobs leaving the country].”
Wait, Holder said he did that…..
Check it out:
After months of waiting and a close vote, Loretta Lynch was confirmed as the 83rd Attorney General of the United States last week. In her remarks today, however, after the official swearing-in ceremony, she thanked all those who helped bring her confirmation to fruition, and pledged to do her utmost to rebuild trust in America’s judicial system.
The waters are turbulent….
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Trade legislation is sowing discord among Senate Republicans that could make it tougher than expected to pass fast-track trade authority and the Trans-Pacific Partnership (TPP).
While much of the attention in the trade fight has focused on the divide between President Obama and liberal Democrats, Republican leaders are facing dissent within their own caucus because of currency manipulation and immigration concerns.
“The polling is bad, and some people are getting nervous,” said a GOP senator who requested anonymity to talk about his conversations with colleagues.
Hmm, thought she was “quoted”?
Check it out:
“I’ll say the very blatant mischaracterization of my words was not helpful today,” Baltimore Mayor Stephanie Rawlings-Blake told a news conference Monday night, as fires burned and hundreds of “thugs” (the mayor’s word) looted and destroyed her city.
She called it “unfortunate” that the media “decided to mischaracterize my words and tried to use it as a way to say that we were inciting violence.”
America is cascading toward nirvana, now that progressives of various stripes have taken over the leadership of both major political parties and most cultural institutions as well.
However, our progressive patriarchs often speak in a tongue we mere mortals do not easily comprehend. We plebeians are still bitterly clinging to our dictionaries while our educated elites have evolved to Newspeak. Interpretation is required lest we risk losing such an important message in translation.
Thankfully, I have obtained a secret Ovaltine decoder ring that allows me to decipher what progressives really mean when they don’t really mean what they say.
Progressivism: “The science is settled.”
Translation: Most of the scientists are progressives, and those that aren’t couldn’t get tenured at band camp. Therefore, there’s really no need continuing to argue when all contrary data is just going to be ignored – or gets the person attempting to introduce it fired from their job.
Progressivism: “You’re on the wrong side of history.”
Translation: This doesn’t refer to actual history like you’d read in encyclopedias or history books. This means the new history we are crafting at this very moment, which either completely disregards actual history or distorts it to the point your legacy as a people has been stolen from you.
Don’t worry, Baltimore. The Reverend Al is on his way.
Al Sharpton said Monday that he is going to visit Baltimore this week against the backdrop of violent riots and looting in the aftermath of the funeral of the late Freddie Gray.
“I have been asked by many in the Baltimore area since day one to get involved in the justice for Freddie Gray movement,” Sharpton said in a statement. “I will come to Baltimore this week at the invitation or Rev. Westley West, who has led vigils daily there, along with local clergy, and morning radio show host Larry Young who has headed our Baltimore chapter of NAN for the last decade.”
Sharpton wants to organize a two-day march next month to protest the death of Gray, who passed away from injuries after being seized by Baltimore police.
Seven police officers have been injured in the riots, with one officer unresponsive, as of 5:30 PM EST Monday. At least two police cars have been destroyed with one car set on fire, and a CVS and a check-cashing place have been looted. Demonstrators have been seen throwing rocks and bricks at police.
The White House is reportedly monitoring the situation in Baltimore.
There is so very much going on behind the scenes of our government in regards to their effort to create a new crop of Democrat voters, and the liberals’ pet media isn’t about to tell you about it until it’s too late to stop it.
In spite of the majority opposition of American citizens, the Obama administration’s Department of Homeland Security (DHS) is making a full-scale effort to naturalize 9 million immigrants before the 2016 presidential election. In doing so, they have solidified allegations that the Democrats’ immigration reform and amnesty plans were in fact centered around creating hordes of new Democrat voters.
Inside sources from the DHS told PJ Media that the department’s “Task Force on New Americans” has reallocated a large amount of funding from their computer based “Electronic Immigration System,” in order to use those resources for sending correspondence to all 9 million green-card holders in the U.S., urging them to naturalize before the 2016 election.
Also, according to the article by J. Christian Adams, he was given a more candid insight of the policy by a dissenter who is currently employed at the DHS.
One DHS official who disagrees with the administration’s policies told me DHS “intends to ‘recapture’ ‘unused’ visas from years past to grant more visas and LPR [green card] status. In addition to this ‘visa blizzard,’ the agency will allow folks to jam in applications during the blizzard, knowing that the visa applicant/beneficiary is not eligible for the visa.”
This means that DHS is not only rushing green card holders toward citizenship before the next election, but also jamming previous visa holders toward green card status.
This ideology works to permeate every level of government in which they labor to turn the mundane delivery of everyday services into something which services their political agenda.
The State Department has picked an envoy to promote homosexuality around the world.
In February, veteran U.S. diplomat Randy Berry was named to the carefully titled position of America’s “special envoy for the human rights of LGBT persons[.]” …
Although there was a Democratic-led effort in Congress in 2014 to pass a bill requiring State to designate an LGBT envoy, the Obama administration ultimately decided to create the position on its own.
How unsurprising! One thing you have to say about the Obama administration, they’re entirely consistent!
One of the big lies we’re fed about homosexuality is that all this activism is about promoting tolerance. This appointment shows just another example of how tolerance has turned into activism.
Will the envoy on homosexual rights coordinate his activities with the envoy on heterosexual rights? Or will he work with the envoy for Christianity, who is working to protect the thousands of Christians who are slaughtered every year by radical Muslims in the Middle East? Will he also work with the envoy for capitalism to promote free-market economic growth in the Third World?
Fannie Mae and Freddie Mac’s collapse into government conservatorship was a long six and a half years ago. In spite of endless discussions of reform, they remain in conservatorship limbo, where they are run by their regulator as wards of the state, with de minimis capital. Nobody wants the old Fannie and Freddie back; nobody wants them to stay on indefinitely in conservatorship.
Here are several ways to improve Fannie Mae and Freddie Mac:
- Take away Fannie and Freddie’s capital arbitrage and set their equity capital requirements in line with other financial institutions of similar size.
- End all their securities law exemptions. Subject them to the 1933 and 1934 Securities Act requirements like all other companies with public securities.
- End all their preferences in banking law and regulation. Banks are not allowed to hold corporate equity, but as a mistaken exception were allowed to make large equity investments in Fannie and Freddie, on a highly leveraged basis.
- End their exemption from state and local income taxes.
- Open up their charters to competition just like banking charters. End their exclusive duopoly privileges.
Implementing these steps would go a long way toward making Fannie and Freddie less distortive and far less dangerous, rendering them a Fannie and Freddie we could live with as two competitors among others. Such a de-fanged, de-privileged Fannie and Freddie could safely be brought out of eternal conservatorship. If they again get themselves into insolvency, they could be placed into receivership.
Source: Mark Balabira and Alex J. Pollock, "Making a Fannie and Freddie We Could Live With," The Hill, April 27, 2015.
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The United States suffers from subpar economic growth and reduced long-term potential for growth. In part, this stems from a corporation income tax that includes a very high rate and worldwide tax, two features that put it at odds with international norms and harm the growth and competitiveness of the United States.
U.S. firms are increasingly at a disadvantage competing for the vast majority of world consumers and international markets as other nations adopt more favorable tax treatment of foreign-source income.
In light of the deficiencies of the U.S. code, tax reform should meet three key criteria:
- A permanently lower statutory business tax rate that returns the U.S. to international norms.
- A permanent move toward a territorial-style treatment of overseas earnings that would reduce or eliminate taxes on repatriated earnings.
- A permanent broadening of the tax base to reduce economic distortions in the context of rate-reducing, overall tax reform.
The current administration has proposed a one-time levy on overseas earnings to pay for highway spending, while other policymakers have a proposed stand-alone tax holiday as a financing mechanism for the same spending. These proposals suffer from a number of flaws, the most significant of which is that they are proposed separately and distinctly from a pro-growth reform of the broken U.S. tax code.
Addressing the broken code offers long-term economic growth, whereas a temporary policy offers little economic benefit in the current climate, and fails as an effective financing mechanism for the unsound Highway Trust Fund.
Source: Gordon Gray, "The Need For Tax Reform: Evaluating Recent Proposals," American Action Forum, April 27, 2015.
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