by Penka Arsova
LaCorte News
A school in Texas came under fire over a student assignment that likened law enforcement officers to slave owners and Klu Klux Klan members.
The assignment, which was given to an 8th-grade social studies class at Cooper Junior High in Wylie ISD has since been removed, included a political cartoon. It showed five different images of men with their knee on the neck of a black man. In the first four pictures, the black man is depicted as saying “I can’t” and in the last “breathe,” a reference to what has become a political slogan associated with the deaths of black men Eric Garner and George Floyd in police custody.
The United States added 1.76 million Jobs in July 2020, compared to a consensus estimate of 1.48 million. Unemployment fell to 10.2 percent versus the 10.6 percent expected. It is true that the rate of job creation is slowing down and labor force participation rate remains at 61.4 percent, but we need to compare the figures with those of the rest of the world, where we are witnessing a worrying “jobless recovery.”
Acceptance of the dictatorial rule of China’s Communist Party and its leader Xi Jinping depends on the party’s ability to keep delivering improving material prosperity. But suddenly, there are signs that an adequate food supply is in question, raising the specter of mass hunger or even worse. Bella Huang and Amy Qin report in the New York Times:
Democratic presidential nominee Joe Biden said he would shut down the economy to stop the spread of the coronavirus, if that was the course of action scientists recommended to him.
The broad market (S&P 500) is trading at the highest forward PE multiples since November 1999, but the financial press is rife with mendacious piffle claiming there is no bubble. For example, in celebration of Tuesday’s all-time high on the S&P 500, one James Mackintosh of the Wall Street Journal minced no words:
I write this introduction from an all-too-short vacation in Montana (more below). This week I have asked my longtime associate Patrick Watson to step in and write Thoughts from the Frontline, offering his perspective as a small business owner.
Dear Friend of GATA and Gold:
Hayek and Cuomo? That is Friedrich Hayek and Andrew Cuomo. These names are rarely mentioned together. But here they are in the same phrase! In terms of opposites they rival “North versus South,” “Good versus Evil,” “Genius versus Idiot”, “Substance vs. Fluff,”etc. One is to the other as matter is to anti-matter.
Back in December 2019, I spotted something peculiar in the gold market…
The Los Angeles County Superior Court ruled Thursday that no court order exists prohibiting Grace Community Church and its senior Pastor John MacArthur from gathering in-person, despite conflicting rulings from lower courts.
President Trump told Fox News’ Steve Hilton on Sunday that he would be open to completely decoupling the U.S. economy from China, before warning: “If Biden is elected, China will own our country.”
Twitter hid another tweet from President Donald Trump behind a warning label earlier today, the latest in a string of censorship against the President that the platform has taken this year.
Black people have been victimized by gun violence at a far greater rate than any other racial group amid a surge of shootings and murders in New York City, according to New York City Police Department data reviewed by the Daily Caller News Foundation.
If we step back from the details of daily headlines around the world and try to make sense of larger patterns, the dominant dynamic defining world geopolitics in the past three years or more is the appearance of a genuine irregular conflict between the two most formidable powers on the planet—The Peoples’ Republic of China and the United States of America. Increasingly it’s beginning to look as if some very dark global networks are orchestrating what looks to be an updated rerun of their 1939-1945 World War. The powers that be periodically use war to gain major policy shifts.
It has just been one thing after another in 2020. First, the COVID-19 pandemic erupted and quickly spread all over the globe. At this point more than 800,000 people have died globally, and authorities are warning us to brace ourselves for another wave of the pandemic in the fall. Of course many would argue that fear of the virus has been even worse than the disease itself, and it is undeniable that the COVID-19 shutdowns were the primary reason why we have plunged into the worst economic downturn since the Great Depression of the 1930s. More than 57 million Americans have filed new claims for unemployment benefits so far this year, and that number just keeps rising with each passing week. On top of all that, the tragic death of George Floyd caused an unprecedented wave of civil unrest to erupt in major cities all across America, and many are anticipating a fresh outburst of unrest as we head toward election day in November. So coming into this month we had already faced far more trouble than we do in a typical year, and now a very strange series of natural disasters is making things even worse.