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from Competitive Enterprise Institute
Today a federal appeals court denied a request by landlords to resume evictions, leaving in place a temporary, nationwide eviction moratorium imposed by the Centers for Disease Control (CDC) as a response to the coronavirus pandemic. CEI Attorney Devin Watkins said the U.S. Supreme Court should step in.
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from DW News (Deutsche Welle)
Broadcasting & Media Production Company in Bonn, Germany
US President Joe Biden is ″looking closely″ at reports Russian hackers were to blame for ransomware attacks on businesses in the United States, the White House said on Wednesday. Biden will discuss the issue of Russia harboring ransomware hackers with President Vladimir Putin this month following an attack on a major meat processing firm this week. "The president has launched a rapid strategic review to address the increased threat of ransomware to include four major lines of effort," White House press secretary Jen Psaki said.
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from FEE (Foundation for Economic Education)
RIGHT-CENTER BIAS, HIGH, non-profit organization
Companies are adapting to a surge in their expenses in a crafty way.
We already know that top inflation metrics have recently surged, and executives at companies like Costco are warning that price hikes are hurting their customers. Now, there’s a new inflation consequence hitting consumers: “Shrinkflation.” I’d never heard the term before today, but new reporting from the Washington Post explains how some companies are dealing with inflation in their supply costs by shrinking the sizes of their products, to avoid the customer backlash that comes with raising sticker prices.
The idea that value comes from labor is simply untenable.
The Chief Executive Officers of the nation would be justified in singing along with the Coasters’ 1950s rock and roll song “Why’s everyone pickin’ on me?” (Officially known as "Charlie Brown.") Needless to say, Sen. Bernie Sanders is leading the pack, as per usual, baying for some CEO “blood;” well, money. In his latest initiative he is on the warpath against CEO salaries. The Senator from Vermont (Socialist) wants to limit them to 50 times the amount paid to the median worker in their corporations.
In LA County, 31 lifeguards made between $50,000 and $131,500 in overtime alone, a recent investigation found.
The vice president wants to double down on the same approach that caused our grave problems in the first place.
The Biden administration doesn’t just want the US to recover from the COVID-19 crisis: it wants to “build back better,” as their latest slogan reveals. But what exactly does that look like in the White House’s vision? Vice President Kamala Harris provides some answers in a new Forbes cover story she just penned. The article explains “how to leverage this moment to ensure that everyone has the opportunity to pursue the American Dream.” Harris wants to do that by passing trillions more in federal spending under the guise of infrastructure and family support funding. Why? She says our economy is broken.
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from HumanProgress.org
Education Website
International war is not a requirement of history or of human nature, but merely an idea that has been grafted onto international society.
The idea that war is profoundly stupid has likely been evident pretty much forever. For example, it was certainly possible to note with dismay that one of the most famous wars in history or mythology—the one between Greece and Troy—was stupidly fought over an errant wife, lasted for ten brutal years, and ended in the violent annihilation of an entire city-state. However, it took until recent decades for substantial numbers of people effectively to act on and abide by the idea. Europe, once the most warlike continent, took the lead on this. In the 75-year period since 1945, it has experienced (and, for the most part, enjoyed) the longest period free from substantial interstate war since the continent itself was invented as a concept some 2500 years ago.
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from The Spokesman-Review
Newspaper in Spokane, Washington
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