Commentary The Bank of Canada (BoC) has raised the key overnight rate to 5 percent and the Bank Rate to 5.25 percent. The increases of one-quarter of a percent were widely anticipated by market observers. Coincidentally, the U.S. Consumer Price Index (CPI) for June was released and the core rate, at 3 percent, was lower…
How to Create a Fake News Cycle
Commentary Despite the best efforts of the mainstream media to pillory him as an anti-vaccine conspiracy theorist, Robert F. Kennedy Jr. is having a moment. A recent poll from CNN of all places showed him earning 20 percent of Democratic primary voters—and that was before his Joe Rogan interview and shirtless push-up video went viral. Kennedy’s support…
After Supreme Court Colorblind Ruling, the Slavery Reparations Fight Lives On as ‘Not Race-Based’
News Analysis The uncertain legality of paying reparations for slavery and its legacies came into focus two weeks ago when the U.S. Supreme Court rejected racial preferences in college admissions nationwide. But while some see the ruling as a major setback for the reparations movement, it isn’t likely to deter its advocates, who say that…
Why Are Republicans Greenhorns at Rounding Up Them Absentee Votes?
News Analysis COSTA MESA, Calif.—“I can’t begin to understand what ballot harvesting is,” Rep. Paul Ryan of Wisconsin, the former Republican House Speaker, said in an interview in the wake of a 2018 political upset in Orange County, California. Democrats had swept the congressional seats in one of California’s few Republican strongholds, largely due to a well-executed…
Sanders’ Medicare-for-All Would Destroy America’s Health Care
Commentary Trust in public health has been shattered in the wake of COVID. Confidence in government health authorities has plummeted—64 percent rate the FDA as “only fair or poor” and 58 percent rate the CDC the same. Ironically, and in defiance of Americans demanding more health autonomy, Sen. Bernie Sanders has put forth a radical Medicare-for-All 2023 bill to…
Vilnius Summit Shattered Putin’s Anti-NATO Strategy—but Left Ukrainian NATO Membership on Hold
Commentary Vladimir Putin’s war in Ukraine directly targets the Kiev government, but dismantling NATO has been another energizing mania. NATO’s Vilnius, Lithuania, summit confirms Putin has lost his NATO war. Putin despises the alliance. NATO defeated his beloved Soviet Union (a Russian Empire hawking utopian Marxist pap). Further insult: NATO defeated the Russian Empire without…
The Decline of Our Nation Is Crystal-Clear
Commentary Using statistics from the Department of Labor, The Wall Street Journal reports that real hourly wages during the Biden presidency have declined. When Biden took office in January 2021, the average hourly wage adjusted for inflation was $11.39. Now, 29 months later, it stands at $11.03, a 3.16 percent decline. Stephen Moore of the…
US Desperately Needs a Long Deflation
Commentary Consumer Price Index (CPI) day has been the same for most of the last 12 months. Data comes in and it’s not good. The mainstream media, however, immediately broadcasts the Biden administration spin that inflation is easing so stop worrying about it. Today, the report is elevated beyond expectations: 0.2 percent for the month…
The WHO Is a Real and Present Danger
Commentary Our governments intend to transfer decisions over our health, families, and societal freedoms to the Director General of the World Health Organization (WHO), whenever he or she declares it necessary. The success of this transfer of power depends on public ignorance of its implications, and of the nature of the WHO itself and its…
War Against Profits Is a War Against Prosperity
Commentary White House press secretary Karine Jean-Pierre recently reiterated a point the Biden White House has been making for the past year: that inflation remains high not because of the Biden $6 trillion spending spree but because “high profit margins” captured during the COVID-19 pandemic drive up consumer prices. We then were told that the…
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