... the sequence of payments is directly the opposite of what is assumed by those who talk about a “trickle-down” theory. The workers must be paid first and then the profits flow upward later – if at all.--Sowell
Meadows, Cole and Morton are all on the All Star Team.
Attorney General William Barr said on Monday that the Trump administration can legally add a citizenship question to the 2020 census, which had been excluded for the first time in US history by President Obama.
Liberalism is not a precise philosophy, it is an attitude. All liberals share a belief in individual human agency. They trust in the capacity of human beings to decide things for themselves. This belief has radical implications. It implies the right to make their own plans, to express their own opinions and to participate in public life. These attitudes were realized in the system we call “liberal democracy”. Liberals share a belief that agency depends on possession of economic and political rights. Institutions are needed to protect those rights — independent legal systems, above all. But agency also depends on markets to co-ordinate independent economic actors, free media to allow the spread of opinions, and political parties to organize politics. Behind these institutions are values and behaviors: the distinction between private gain and public purpose needed to curb corruption; a sense of citizenship; and belief in toleration.--Liberalism as defined by Martin Wolf
Brazil’s President Jair Bolsonaro is trying this month to push through a broad reform of generous pension provisions that eat up the state’s budget to the detriment of spending on schools, health care and infrastructure. Surprise!
Massachusetts representative Seth Moulton, a presidential candidate, tweeted: “Make no mistake: the partisan gerrymandering SCOTUS just allowed is also racial gerrymandering — modern-day Jim Crow. Just look at what happened with Stacey Abrams last cycle in Georgia.”
Abrams lost a gubernatorial race. How can a statewide race be gerrymandered?
A federal judge sided with manufacturers, saying the regulation requiring prices of drugs shown on TV would violate free speech. This constitution certainly gets in the way of good ideas.
The internal effects of a mutable policy are still more calamitous. It poisons the blessing of liberty itself. It will be of little avail to the people, that the laws are made by men of their own choice, if the laws be so voluminous that they cannot be read, or so incoherent that they cannot be understood; if they be repealed or revised before they are promulgated, or undergo such incessant changes that no man, who knows what the law is to-day, can guess what it will be to-morrow. Law is defined to be a rule of action; but how can that be a rule, which is little known, and less fixed?
--the Federalist #62
On this day in 1941, British cryptologists broke the secret code used by the German army to direct ground-to-air operations on the Eastern front. British and Polish experts had already broken many of the Enigma codes for the Western front.
America 3.0
A guy writing about the evolution of the American vision divides up two parts in history, agrarian and industrial. The third event he calls "America 3.0."
Meadows, Cole and Morton are all on the All Star Team.
Attorney General William Barr said on Monday that the Trump administration can legally add a citizenship question to the 2020 census, which had been excluded for the first time in US history by President Obama.
Liberalism is not a precise philosophy, it is an attitude. All liberals share a belief in individual human agency. They trust in the capacity of human beings to decide things for themselves. This belief has radical implications. It implies the right to make their own plans, to express their own opinions and to participate in public life. These attitudes were realized in the system we call “liberal democracy”. Liberals share a belief that agency depends on possession of economic and political rights. Institutions are needed to protect those rights — independent legal systems, above all. But agency also depends on markets to co-ordinate independent economic actors, free media to allow the spread of opinions, and political parties to organize politics. Behind these institutions are values and behaviors: the distinction between private gain and public purpose needed to curb corruption; a sense of citizenship; and belief in toleration.--Liberalism as defined by Martin Wolf
Brazil’s President Jair Bolsonaro is trying this month to push through a broad reform of generous pension provisions that eat up the state’s budget to the detriment of spending on schools, health care and infrastructure. Surprise!
Massachusetts representative Seth Moulton, a presidential candidate, tweeted: “Make no mistake: the partisan gerrymandering SCOTUS just allowed is also racial gerrymandering — modern-day Jim Crow. Just look at what happened with Stacey Abrams last cycle in Georgia.”
Abrams lost a gubernatorial race. How can a statewide race be gerrymandered?
A federal judge sided with manufacturers, saying the regulation requiring prices of drugs shown on TV would violate free speech. This constitution certainly gets in the way of good ideas.
The internal effects of a mutable policy are still more calamitous. It poisons the blessing of liberty itself. It will be of little avail to the people, that the laws are made by men of their own choice, if the laws be so voluminous that they cannot be read, or so incoherent that they cannot be understood; if they be repealed or revised before they are promulgated, or undergo such incessant changes that no man, who knows what the law is to-day, can guess what it will be to-morrow. Law is defined to be a rule of action; but how can that be a rule, which is little known, and less fixed?
--the Federalist #62
On this day in 1941, British cryptologists broke the secret code used by the German army to direct ground-to-air operations on the Eastern front. British and Polish experts had already broken many of the Enigma codes for the Western front.
America 3.0
A guy writing about the evolution of the American vision divides up two parts in history, agrarian and industrial. The third event he calls "America 3.0."
The emerging America 3.0 will reverse several key characteristics of the 2.0 state: decentralization versus centralization; diversity and voluntarism rather than compulsion and uniformity; emergent solutions from markets and voluntary networks rather than top-down, elite-driven commands. Strong opposition to the rise of America 3.0 is inevitable, including heavy-handed, abusive, and authoritarian attempts to prop up the existing order. But this “doubling down” approach is doomed. It is incompatible with both the emerging technology and the underlying cultural framework that will predominate in America 3.0.
This ‘Big Haircut’ will likely require a one time, across the board debt restructuring, accompanied with realistic measures to get entitlements under control and unleash American productivity. The danger is being too timid or too tardy, not in being too bold.
Of all the worries of the modern West, the growing debt underlying its growth and expansion is certainly the most inevitable. And solving it, always, involves withdrawal of money or things that people or a subset of people thought were integral and safe.
Of all the worries of the modern West, the growing debt underlying its growth and expansion is certainly the most inevitable. And solving it, always, involves withdrawal of money or things that people or a subset of people thought were integral and safe.
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