Friday, August 21, 2020

In the news, Monday, August 10, 2020


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AUG 09      INDEX      AUG 11
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from Mises Institute
RIGHT-CENTER BIAS, MIXED


Throwing Printed Money at This Problem Won't Make It Go Away
The crisis we faced in 2008 has not gone away, as we failed to heed its warning to change course and reduce debt levels. Instead, it has become bigger and more dangerous as, to obscure the risks we faced, we proceeded to pile up even more of the debt that had made the economy so susceptible to crisis in the first place.

Reflections on the Failure of Socialism
Max Eastman during the time from the Bolshevik Revolution through the early 1950s was one of the most famous political writers in America, known also for such literary works as The Enjoyment of Laughter. He began as a radical and, surprising though it may seem to us today, he first looked upon Lenin with favor. How was this possible? He was, and remained throughout his life, a devotee of the scientific method, and he saw Lenin as engaged in a great social experiment. After a long struggle, he saw the error of his ways. Lenin was a dogmatist guilty of great crimes, and socialism was a recipe for disaster. He devoted many years to combating the system he had once foolishly favored, and Reflections on the Failure of Socialism is the record of his insightful assault on socialism and his defense of the free market.

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from POLITICO
LEAST BIASED, HIGH, news and opinion website in Arlington, Virginia

Trump: Executive order on pre-existing conditions is 'a signal'
President Donald Trump on Monday acknowledged a prospective executive order he's considering to make insurers cover pre-existing conditions amounted to political messaging — and that Obamacare already offered such protections. "It's a signal to people ... it's a second platform," Trump said at a White House briefing. "Pre-existing conditions will be taken care of 100 percent by Republicans and the Republican party. I actually think it's a very important statement." Trump and Republicans are vulnerable on the issue of pre-existing conditions after waging a lengthy legal battle to strike down Obamacare and its consumer protections without offering a replacement. Trump's administration has also increased the availability of cheap, skimpier health plans that don't meet Obamacare's coverage requirements and wouldn't protect some patients with chronic conditions. Meanwhile, voters rocked by the pandemic and the loss of tens of millions of jobs are increasingly supportive of strengthening the government's safety net. Missouri last week became the sixth Republican-led state to defy GOP leaders and approve Medicaid expansion for some of its poorest adults,

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from The Spokesman-Review
Newspaper in Spokane, Washington

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from United States Senate Committee on Foreign Relations

CHAIRMAN RISCH: BELARUSIANS DESERVE A FAIR ACCOUNTING OF PRESIDENTIAL ELECTION
U.S. Senator Jim Risch (R-Idaho), chairman of the Senate Foreign Relations Committee, today released the following statement in response to the arrest of and violence against Belarusian protestors by military units and riot police after Alexander Lukashenka claimed to have won a landslide victory in Belarus’ presidential election over the weekend: “Over the weekend, the people of Belarus attempted to participate in a democratic process, and expected their votes to be counted truthfully and their choice of leadership honored. That President Lukashenka has chosen to respond to his opposition and protestors with violence and repression is unconscionable. Mr. Lukashenka should allow a true accounting of yesterday’s ballot, and stand down if, as reports indicate, he was not democratically reelected. He should also immediately cease the suppression of the media, internet blackouts, and the arrests of and violence against those who are pursuing another path for Belarus. A peaceful transition of power is vital to the future of Belarus and its sovereignty.”

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from STAT
Media/News Company in Boston reporting from the frontiers of health and medicine

Winter is coming: Why America’s window of opportunity to beat back Covid-19 is closing
Winter is coming. Winter means cold and flu season, which is all but sure to complicate the task of figuring out who is sick with Covid-19 and who is suffering from a less threatening respiratory tract infection. It also means that cherished outdoor freedoms that link us to pre-Covid life — pop-up restaurant patios, picnics in parks, trips to the beach — will soon be out of reach, at least in northern parts of the country.

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