Saturday, July 24, 2021

In the news, Monday, July 12, 2021


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JUL 11      INDEX      JUL 13
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from FEE (Foundation for Economic Education)
RIGHT-CENTER BIAS, HIGH, non-profit organization

An uprising in Cuba has captured international headlines after pro-freedom demonstrations broke out late Sunday and quickly went viral. Thousands of Cubans took to the street to call for freedom and protest against the Communist regime that controls the country’s population and economy with an iron fist. “Thousands of Cubans marched on Havana’s Malecon promenade and elsewhere on the island Sunday to protest food shortages and high prices amid the coronavirus crisis, in one of biggest anti-government demonstrations in memory,” MarketWatch reports. ... No matter what media spin suggests, Marcell Felipe insists that the protests are a rejection of socialism and communism.

The Bureau of Alcohol, Tobacco, Firearms and Explosives has published a notice outlining their plans to update regulations on stabilizing braces. Originally developed to help those with disabilities shoot comfortably, stabilizing braces have become a popular firearm accessory used to legally adapt AR-style pistols into guns that can be shot from the shoulder, like the highly regulated short-barreled rifle. According to the ATF, stabilizing braces will now have to conform to a set of stringent guidelines to be considered legal. If they don’t meet those standards, they—and the gun to which they’re attached—will automatically become regulated as a rifle under the National Firearms Act. ... This is a conspicuous confiscation of power, and it’s precisely what America’s founding fathers strove to avoid through the establishment of checks and balances.

The top quarter of American income earners can expect to live a decade longer than the bottom quarter, medical research shows. This health disparity seems downright cruel. Not only do those in poverty have to pay more for things like credit and insurance, they also pay more years to the Grim Reaper. ... The life expectancy gap between the rich and poor continues to increase in the US—even as the government now spends a trillion dollars a year on poverty alleviation.

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from Mises Institute
RIGHT-CENTER BIAS, MIXED


Why Europe's Highly Regulated Power Market Is So Bad for Growth
Despite an endless chain of monetary and fiscal stimuli, the eurozone consistently disappoints in growth and job creation. One of the reasons is demographics. No monetary and public spending stimulus can offset the impact on consumption and economic growth of an aging population, as Japan can also confirm. However, there is an especially important factor that tends to be overlooked: the lack of competitiveness of the eurozone industry due to rising and noncompetitive power prices.

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from The Spokesman-Review
Newspaper in Spokane, Washington

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