Trump sends property rights up in flames

December 8, 2016
Future of Freedom Foundation
by Laurence M Vance   Laurence M. Vance

"Alongside of Catholicism and Protestantism, the primary religion in the United States is not Islam or Judaism but the American civic religion. The Pledge of Allegiance is the creed of this religion and the American flag is its chief symbol. In the American civic religion, the worst sin that an American can commit is to refuse to pledge allegiance to the flag or to desecrate it. Federal law contains numerous provisions regarding the use, handling, display, and disposal of the flag. After some college students recently burned American flags on their campuses, President-elect Donald Trump tweeted, 'Nobody should be allowed to burn the American flag -- if they do, there must be consequences -- perhaps loss of citizenship or year in jail!' Outrageous statements like that from Trump are commonplace and can ordinarily be ignored. But this one is different." (12/08/16)  

Venezuela: Opposition botches talks with Maduro regime

December 8, 2016
PanAm Post     PanAm Post

"President Nicolás Maduro walked away victorious from dialogues with the Venezuelan opposition, leaving many critics frustrated at losing a golden opportunity to bring an end to Chavismo and make progress on the recall referendum. 'The opposition lost confidence and generated distrust among its hosts,' Deputy Nelson Chitty said, 'and proved it was unable to offer a consistent response to the expectations that it had at one point raised.'" (12/08/16)  

Russia: Regime proposes 10-year prison sentences for hackers and malware authors

December 8, 2016
The Hackers News    

"The Russian government has introduced a draft bill that proposes prison sentences as punishment for hackers and cyber criminals creating malicious software used in targeting critical Russian infrastructure, even if they have no part in actual cyber attacks. The bill, published on the Russian government’s website on Wednesday, proposes amendments to the Russian Criminal Code and Criminal Procedure Code with a new article titled, 'Illegal influence upon the critical informational infrastructure of the Russian Federation.'" (12/08/16)  

Claims for US unemployment aid slide again

December 8, 2016
Tulsa World    

"The Labor Department said Thursday that weekly claims for jobless aid slid by 10,000 to a seasonally adjusted 258,000. The less-volatile four-week average rose by 1,000 to 252,500. Overall, 2.01 million Americans are collecting unemployment checks, down 10 percent from a year ago. ... Claims have come in below 300,000 for 92 straight weeks, longest such streak since 1970 when the population and labor force were much smaller." (12/08/16)  

A rising stock market does not signal economic health

December 8, 2016
Foundation for Economic Education
by Steven Horwitz   Steven Horwitz

"The headlines tell us that the Dow Jones is up around 1,000 points since Donald Trump won the election on November 8th. The conventional wisdom is that this shows how much confidence people have in Trump's ability to generate a healthy American economy. The argument is that if people are willing to buy stock in American firms, this indicates their belief that those firms will see improving profits over the next few years. They then draw the conclusion that more profitable firms indicate a healthier American economy. Although this argument is correct about stock prices reflecting an increasing belief in the profitability of US firms, it makes a major error in assuming that profitable firms necessarily mean a better economy." (12/08/16)  

America’s imperiled democracy

December 8, 2016
by Wendy Kaminer  

"Is democracy resurgent in America? Not exactly. About 25 per cent of eligible voters elected Donald Trump, although about two-thirds of Americans rated him 'unqualified.' A higher percentage voted for losing candidate Hillary Clinton, although about two-thirds rated her untrustworthy. But even if the popular vote mattered, or if Clinton instead of Trump had eked out an electoral-college win by slim margins (below one per cent respectively) in three key, formerly Democratic states, she would have won only a slightly larger and almost equally unimpressive minority of voters." (12/08/16)  

More forced registration

December 8, 2016
Common Sense
by Paul Jacob  

"Voting's a right, not a duty. So voter registration and actual voting should be made easy. But I'm not for mandating that people vote, or for registering them involuntarily. Which is why I oppose the Automatic Voter Registration Initiative (AVRI), an indirect Nevada initiative that state officials just announced has turned in enough petition signatures." (12/08/16)  

Our Sponsors