Tag: government and politics
Are We Too Distracted to Notice Inflation?
The Consumer Price Index was up again in September. The annual rate of inflation, from September to September was 5.4%, and is likely to go higher by year-end. The Federal Reserve claims to have an inflation target of 2%, but seems to be in no hurry to enact policies to slow the rise in...
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How Governments Botched COVID-19 Testing, Reinforcing Destructive Lockdowns and Massive “Relief” Spending
By Lawrence J. McQuillan and Jonathan Hofer The most glaring governmental failure during the COVID-19 experience in the United States has been the botched testing strategy because it allowed government authorities to “justify” devastating lockdowns and massive “relief” spending. But the lockdowns and spending could have been avoided had better testing been pursued from...
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Cashing in on Congressional Trading
How bad has insider trading become among politicians elected to the U.S. Congress and congressional employees? It didn’t take long to find out. Just after this article on conflicts of interest for Federal Reserve and Congress members went live here at the Beacon, NPR broke a new story. Inexperienced traders using the TikTok app...
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Censorship Campaign Reveals China’s True Face
A full 32 years have passed since the Tiananmen Square massacre and an entire generation may be unfamiliar with Chinese reality. Fortunately, the Communist regime recently revealed its true face.  As the BBC reported this month, China will ban “effeminate” behavior and “vulgar influences.”  China’s National Radio and Television Administration (NRTA) aims to tighten...
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$3.5 Trillion Does Not Equal $0
President Joe Biden is a lot like President Donald Trump. He likes to use Twitter to gaslight his critics. How else can you explain President Biden’s September 25, 2021 tweet, in which he claims his Build Back Better Agenda will not cost anything? My Build Back Better Agenda costs zero dollars. Instead of wasting...
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Conflicts of Interest at the Fed and Congress
The Federal Reserve is trying very hard to get ahead of a potential conflict-of-interest scandal. Several high-ranking Fed officials have investments in securities the U.S. central bank has been buying to stimulate the economy. Consequently, these officials have conflicts of interest in considering policies that might materially affect the value of their investments. Reuters...
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The Debt—Does Anyone Care?
The worst part about the U.S. federal debt is not how big it has become but the fact that its growth has now become so unstoppable that we now assume that piling debt on future generations is the natural thing for the authorities to do. The Congressional Budget Office estimates that by 2051 the...
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Can an OSHA Vaccine Mandate Survive Judicial Review?
Last week, President Biden announced his plan to require private employers with 100 or more workers to mandate COVID vaccinations or require workers to be tested weekly. The mechanism to do this is the Department of Labor’s Occupational Safety and Health Administration (“OSHA”), which is working on an emergency temporary standard (“ETS”). For OSHA...
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Atheists and the Unborn
In his recent Beacon blog post “Abortion Extremities,” Graham H. Walker cites three tests for human life in the womb: living or dead tissue, human or non-human, and a distinct DNA fingerprint. As he notes, the pre-born entity also has a separate brain, nerve, cardiovascular, digestive, excretory, respiratory, musculoskeletal, immune, endocrine, and reproductive systems....
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Abortion Extremities
Below you will find the con argument in our debate on Roe v. Wade and Abortion. The pro argument, written by James A. Montanye, can be found here. Are nearly fifty years of precedent enough to insulate the abortion right established in Roe v. Wade from the challenges posed by restrictive new laws in...
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