News Syndicates

Another Insurance Company Stops Offering Policies to Homeowners in California

Another major insurance provider has announced it’s no longer selling new policies for personal and business properties in California, becoming the latest insurer to reduce its footprint in the state amid inflationary pressures and growing exposure to wildfire risks. Allstate, the fourth-largest provider of casualty and property insurance in California, said in a statement obtained by The Epoch Times that...

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GOP Senators Worry About Trump 2016 ‘Replay’ as Primary Field Grows

Some top Republican lawmakers who have signaled opposition to former President Donald Trump’s 2024 presidential bid have expressed worry that the former commander-in-chief will prevail with a crowded GOP primary field. This week, former Vice President Mike Pence filed paperwork for a 2024 presidential bid, coming on the heels of announcements made by Florida Gov. Ron DeSantis and Sen. Tim...

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Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained

“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40 percent of GDP—not good, but...

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Commodity Weakness Destroys the Inflationists’ Narrative

Commentary Most politicians have used the “Ukraine invasion card” to justify the massive inflationary burst in 2021–23. It does not matter if inflation was already elevated prior to the war. Supply-chain disruptions, demand recovery, wage growth… Many excuses were used to justify inflation, except the only one that can make aggregate prices rise in unison, which is the creation of...

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The Spell of Woke

Commentary At American Greatness on May 25, there was an article by Joshua Mitchell that should be read by anyone perplexed and frustrated by the very strange current political condition of the United States. It bears a surprising title: “The Formidable Candidacy of Joe Biden.” Mitchell argues that conservatives and Republicans who take delight in the president’s many weaknesses and...

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Woke, Crony Capitalism Takes Hold Down Under

Commentary The corporate campaign backing a change to Australia’s Constitution is the latest installment in large business bludgeoning not just customers, but everyone, over woke causes. It’s a form of crony capitalism verging on fascism. It’s bad for the country, and it is bad for the government. Large companies are primed for it by the ideas of “stakeholder” capitalism. This...

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Problems With Western Australia’s New Gun Restrictions: Part 1

Commentary The government of Western Australia is promising a complete overhaul of firearms legislation, with some new restrictions having already passed in May. Regardless of what is drafted, any new laws will end up passing through Parliament because the Labor government maintains control of both lower and upper houses, allowing it to introduce virtually any legislation unimpeded. Of course, on...

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RFK Jr. on Gun Rights

Presidential contender Robert F. Kennedy Jr. says that he supports Second Amendment and would not seek a gun confiscation program if elected. Asked about his stance on gun rights by The Epoch Times, Kennedy, the nephew of President John F. Kennedy, replied, “I support the Constitution that includes the Second Amendment.” “I’m not going to take anybody’s guns away,” he...

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House Speaker Issues New Subpoena Threat to FBI Director

House Speaker Kevin McCarthy (R-Calif.) said that FBI Director Christopher Wray will face charges of contempt if he doesn’t prove a document that alleges a bribery scheme between President Joe Biden and a foreign national to the House Oversight Committee. “We have a responsibility of oversight,” the California lawmaker told Fox News’ “Sunday Morning Futures” in an interview with host...

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For This Veteran, Rehab is in the Cards

Commentary  Concussions suck. There’s no getting around that. Way back in the 20th century, in my young adulthood, I worked as a land surveyor. I enjoyed being outside and still doing “sciency” things. I learned that I had a knack for adding or subtracting long strings of numbers in my head. Those who’ve done construction staking and grade-setting know what...

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Ford Recalls Nearly 143,000 Lincoln MKCs for Fire Risks

Ford, the parent company of Lincoln, on June 2 issued a recall of nearly 143,000 of its Lincoln MKC compact SUVs over an issue that could lead to a spontaneous fire in the engine compartment. The potential danger has prompted the National Highway Traffic Safety Administration (NHTSA) to issue an urgent recall notice for 2015-2019 model-year MKCs, which affects 142,734...

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World’s Spy Chiefs—Including China’s—Meet in Secret Conclave in Singapore

Senior officials from about two dozen of the world’s major intelligence agencies held a secret meeting on the fringes of the Shangri-La Dialogue security meeting in Singapore this weekend, five people told Reuters. Such meetings are organised by the Singapore government and have been discreetly held at a separate venue alongside the security summit for several years, they said. The...

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CIA Chief Visited China in May

CIA director William Burns visited China last month for talks with Chinese counterparts, two U.S. officials said on Friday as Washington seeks to boost communications with Beijing. “Last month, Director Burns traveled to Beijing where he met with Chinese counterparts and emphasized the importance of maintaining open lines of communication in intelligence channels,” one of the officials told Reuters. News of...

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Companies Reach $1.18 Billion Deal to Resolve Claims From ‘Forever Chemicals’ Water Contamination

Companies Reach $1.18 Billion Deal to Resolve Claims From ‘Forever Chemicals’ Water Contamination

TRAVERSE CITY, Mich.—Three chemical companies said Friday they had reached a $1.18 billion deal to resolve complaints of polluting many U.S. drinking water systems with potentially harmful compounds known as PFAS. DuPont de Nemours Inc., The Chemours Co., and Corteva Inc. said they would establish a fund to compensate water providers for contamination with the chemicals used widely in nonstick,...

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