Friday, July 2, 2021

In the news, Saturday, June 19, 2021


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JUN 18      INDEX      JUN 20
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from Axios
LEFT-CENTER BIAS,  HIGH,  news website

Juneteenth forces U.S. to confront lasting impact of slavery economy
Juneteenth, a once-obscure commemoration of emancipation of enslaved people in Texas, has transformed into an annual reminder about how slavery robbed Black Americans of generational wealth. Why it matters: That lack of generational wealth still denies Black families the economic security that many white families take for granted.

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from CNN

In the run up to the Geneva summit with President Joe Biden on Wednesday, Russian strongman Vladimir Putin had been on a rampage. A Russian court designated the opposition group led by Alexey Navalny an extremist network, after crackdowns across the country. Cybercriminals who operate in Russia are believed to have attacked critical US infrastructure, targeting the energy and food supply. And a week before the two leaders' one-day meeting, the Washington Post reported that Russia was planning to give an advanced satellite system to Iran. Any of these incidents would have been good reason for Biden to call off a summit that never should have existed. Now that it's over, I'm even more mystified as to why it happened at all. I can answer for Putin, of course. Dictators love events that put them on an equal footing with democratic leaders and sitting one-on-one with the president of the United States is the most coveted prize of all. Putin already scored a major victory the moment the summit was announced, especially since Biden himself proposed the meeting. For Putin, it wasn't just a meeting between heads of government -- for him, it was literally the highest point, the top of the world.

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

On Thursday, the US government agreed to remove the steep tariffs it had placed on Scottish whiskey, Fox Business reports. The levies had raised the cost of this whiskey, Scotland’s main export, by roughly 25 percent. They emerged from a broader trade dispute between the US and the European Union, and were waived this week alongside other tariffs on olives and cheese.

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from Mises Institute
RIGHT-CENTER BIAS, MIXED


The SALT tax deduction allows state and local taxes—like property taxes—to be deducted from federal taxes. To cap it is to pave the way for the federal government to tax income twice.

Powerful federal politicians have many ways of expressing their displeasure with America's private sector, and this is partly why we so rarely hear any real criticism of the feds from corporate America.

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from The Spokesman-Review
Newspaper in Spokane, Washington

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