Commentary The poor you will always have with you. (Matthew 26:11) Another thing that will always be with us: lenders making high-interest, short-term loans to the poor, who will then struggle to pay them back. This leads to yet another eternal condition: impractical moral judgments about such loans. In this year’s federal budget, the Liberals…
Book Review: ‘Modernizing Medicare: Harnessing the Power of Consumer Choice and Market Competition’
Commentary Enacted together in 1965, Medicare is the U.S. federal government-managed health insurance program for citizens 65 and over, while Medicaid is the de facto welfare program for low-income adults, children, pregnant women, and people with disabilities. While 36 million people were enrolled in traditional Medicare in 2021, the program’s actuaries already envision this number…
Is Recession Timing Still Unpredictable?
Commentary Debate continues as to whether recession still lies ahead. The yield curve has pointed to an 80 percent chance of recession. But, when comparing today’s situation with the comparable U.S. real GDP contraction in 2008, its timing forecast has low accuracy. As the original literature documented, the yield curve only predicts a yes-no outcome…
Hostility Against Religious Institutions Is Only Increasing
Commentary First, it was the takeover of the Calvary Hospital in the Australian Capital Territory (ACT). Now it is the planned removal of payroll tax exemptions for many independent schools in Victoria. These actions by state and territory Labor governments denote a marked hostility towards the not-for-profit activities of religious and other charities in Australia….
Australia Must Heed Gina Rinehart’s Timely Warnings
Commentary Amid growing fears of a recession, Federal Treasurer Jim Chalmers announced on June 28 that the $4.2 billion (US$2.8 billion) surplus forecast for the 2022-23 budget will be higher. Key drivers of the improved budget position were understood to be, among other things, higher tax revenue and stronger commodity prices than forecast by the…
ANALYSIS: Trump, Other Politicos Fight for Attention in Changing Media Landscape
June 28, 2023
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2024 electionAnalysisBig Tech, Censorship, and SocialismDonald TrumpFeatured Topicsnews mediaOpinionPoliticsron desantisSocial IssuesSocial MediaTechUSUS News
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News Analysis Big-name politicians—such as former President Donald Trump, President Joe Biden, and their rivals—are jockeying for positions amid a media landscape that looks a lot like the Wild West lately. High-profile shakeups have recently hit two major networks, Fox News and CNN, leaving candidates and viewers guessing the political direction each might take next….
Can Fox News Still Be Trusted?
Commentary Since its defenestration of Tucker Carlson, Fox News is appearing increasingly to be a “false flag” operation.” Maybe it always was to some degree, but it has a more “in-your-face” aspect recently, with a consequentially thinner veneer. Most know by now the meaning of “false flag,” but just in case, here’s one definition: “A false…
Canada Has a Role in Making the World a Safer Place. Why Don’t We?
Commentary It started in Japan: the concept of de-coupling from China. The Japanese government offered its corporations billions of dollars to move manufacturing out of China, to safer, more friendly locations. It then caught fire in the United States—initially under the Trump administration, and then continued under Biden—with their massive tariffs against Chinese goods, and…
Politicians Risk AI Dependency
Commentary Generative artificial intelligence (AI) is becoming more common, including in politics. Images of Donald Trump getting violently arrested in New York or of the Pope wearing a puffy white coat are deepfakes that many believed, or wanted to believe, when they went viral. On June 26, former Alphabet CEO Eric Schmidt warned of AI’s…
Regulatory Haze Fogs California Cannabis Policies
June 28, 2023
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Commentary After voters passed Proposition 64 in 2016, California cities were supposed to play the key role legalizing and regularizing the use and sale of marijuana. The reality has been hazy. Although this has been controversial, it remains state law. Some cities are meeting the needs of their people; some are not. But the federal…
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