Commentary The woke apparatus has created an entire arbitrary language structure that is built upon a shifting foundation of sand. Let us count the ways at how this partial list of convoluted terms ought to be debunked. First, wokesters utilize “critical race theory” (CRT) to infiltrate our key institutions. CRT evolved out of the Marxist Frankfurt School in Germany and made...
Read moreFive U.S. senators, including two Democrats, two Republicans, and independent Sen. Bernie Sanders, are seeking a Department of Defense (DoD) investigation into allegations of price gouging by U.S. arms manufacturers. A CBS News “60 Minutes” report this week claimed systemic price gouging practices were used by major arms manufacturers such as Lockheed Martin, Boeing, and Raytheon, as well as major...
Read moreMortgage rates in the United States have hit the highest level in six months while loan applications and home sales are declining. The average 30-year fixed-rate mortgage rate hit 7.12 percent on May 25, according to a May 25 post by Mortgage Daily News (MDN). The previous high of 7.10 percent was hit on March 2. This is also the...
Read moreCommentary “If the Govt. is to be lasting, it must be founded in the confidence & affections of the people …”—George Mason, at the Constitutional Convention, Aug. 13, 1787. George Mason of Virginia helped construct the Constitution. He then opposed ratifying the very document he helped construct. Through both courses of action, he strongly influenced the Constitution’s final form. Mason...
Read moreThe outlook of Americans towards their retirement plans has worsened over the past year according to a recent Gallup poll, with concerns about rising prices and recession sapping away optimism. The expectations of non-retired Americans for a comfortable retirement are now at their “most pessimistic” level since 2012, falling by 10 percentage points since 2021, said a May 25 survey...
Read moreHouse Speaker Kevin McCarthy (R-Calif.) declared on May 25 that he will stay in Washington, D.C. “for as long as it takes” in an effort to come to an agreement on the debt ceiling that’s “worthy of the American people.” McCarthy took to Twitter amid the ongoing political deadlock where he penned, “I’m staying in DC to fight for an agreement that’s...
Read moreA senior Twitter engineer resigned on Thursday following glitches that marred the highly anticipated Twitter Spaces event in which Florida Gov. Ron DeSantis announced his presidential bid. Foad Dabiri, whose LinkedIn profile says he is Twitter’s engineering lead for growth, announced his resignation but did not mention what prompted the move. In his resignation statement, Dabiri reflected on his time...
Read moreThe unofficial start of the summer travel season is here, with airlines hoping to avoid the chaos of last year and travelers scrounging for ways to save a few bucks on pricey airfares and hotel rooms. Some travelers say they will settle for fewer trips than they hoped to take, or they will drive instead of fly. Others are finding...
Read moreRon DeSantis and his presidential campaign have remained upbeat despite his glitch-ridden announcement on May 24. The largest crowd ever tried to sign in to his announcement’s audio room on Twitter Spaces and crashed it. That led to several stoppages, a 25-minute delay, and finally, a reboot in which far fewer people were admitted than had initially tried to get...
Read moreNEW YORK—Wall Street’s building frenzy around artificial intelligence helped yank the stock market higher Thursday, even as worries worsen about political rancor in Washington. The S&P 500 rallied 0.9 percent after chipmaker Nvidia gave a monster forecast for upcoming sales as it benefits from the tech world’s rush into AI. It helped the Nasdaq composite leap 1.7 percent, while the...
Read moreCommentary Numerous stories show California’s mass transit is suffering big problems. And that’s not even counting the High-Speed Rail boondoggle. On May 22, Calmatters provided a summary, noting transit agencies are seeking $5.5 billion more in operating funds, even as the state faces a budget deficit of at least $31.5 billion. But here’s a solution: more jitneys. They are private...
Read moreCommentary I am fully aware that probably some 8 out of 10 people do not appreciate media pieces that are heavily focused on numbers. When I practiced as a Certified Public Accountant and Certified Financial Planner, I realized that most people need professional assistance for many of their fiscal decisions. Watching personal finances is critical. But, our focus should also...
Read moreA former art professor at Hunter College in New York City turned herself in to police on Thursday after she appeared to brandish a machete at a pair of New York Post reporters on Tuesday. Shellyne Rodriguez, 45, appeared to wave a machete at a New York Post news crew who had visited her apartment building on Tuesday in an...
Read moreEight out of the 10 least affordable cities for homebuyers in the United States are located in California, according to a recent report, with the state’s median sales price of a home over 30 percent higher compared to the early pandemic period. The eight Californian cities include Santa Barbara, Berkeley, Santa Monica, Glendale, Burbank, Los Angeles, Pasadena, and San Francisco,...
Read moreCommentary Ben Bernanke, former head of the Federal Reserve from 2006 to 2014, has co-authored a paper with Olivier Blanchard of the Peterson Institute for International Economics, that seeks to account for inflation rates that have knocked at least 15 cents off the value of the 2020 dollar. Reading the paper for me was a trip back in time when...
Read moreMeta Platforms Inc., owner of Facebook, Instagram, and WhatsApp, slashed jobs across its business and operations units on Wednesday as part of a plan announced last fall to eliminate 10,000 jobs in the course of a broader restructuring program. Dozens of Meta employees from enterprise engineering, marketing, corporate communications, site security, program management, and content strategy took to LinkedIn to...
Read moreCommentary This week, one of the world’s foci must be the potential U.S. government default on its debt. In most circles, this continues to progress as if we have never encountered such a situation before. But this might not be true. According to Terry Zivney and Richard Marcus of The Financial Review, “Investors in T-bills maturing April 26, 1979, were...
Read moreSan Francisco Mayor London Breed was forced to cut short an outdoor public hearing held at the United Nations Plaza in the city’s downtown on May 23 after being heckled by protesters, one of whom allegedly threw a brick that hit another attendee. Breed, a Democrat, was joined by Board of Supervisors President Aaron Peskin at the open-air hearing to...
Read moreAttorneys general from 49 U.S. states are suing telecommunications company Avid Telecom, claiming the firm is “initiating and facilitating billions of illegal robocalls to millions of people.” The lawsuit (pdf) was filed on May 23 in the U.S. District Court for the District of Arizona, where Avid Telecom is headquartered. Defendants in the suit are listed as Avid Telecom, CEO Michael D....
Read moreCommentary On March 28, the Air Force admitted that the March 13 test of Lockheed Martin’s AGM-183 air-launched rapid response weapon (ARRW) was a failure. This failure comes after four years and billions of dollars of taxpayer money sent to Lockheed Martin to develop hypersonic weapons. And this failure comes in the context of Russia’s recent successful use of its...
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