On the heels of his son's conviction for federal gun crimes, Joe Biden, who has not condemned his son's actions, joined with the radical group Everytown for Gun Safety to discuss their desire to take guns away from law-abiding Americans. Mason Letteau Stallings reports in The American Conservative: On Tuesday afternoon, President Joe Biden addressed the “Gun Sense University” of the pro-gun control group “Everytown for Gun Safety” in his first speech since his son’s conviction on three felony weapons charges. Biden visibly struggled throughout the speech, stammering and mixing up … [Read more...]
Billionaire Trump Donor Makes Bid to Keep Remington American
If you haven't heard, CSG, a Czech industrial company, has been attempting to buy the ammunition operations of Vista Outdoors, which includes Remington. Now, there's nothing wrong with America's NATO allies, the Czechs, but Remington has been an American-owned brand since 1816. Jeffery Hildebrand, a big donor to President Donald Trump and owner of the energy company Hilcorp, as well as JDH Capital, is putting in his own bid for Vista's ammunition manufacturing. A successful acquisition by Hildebrand would keep the company in American hands. The Financial Times reports: Hildebrand is one of … [Read more...]
Stock Exchange in Texas: Geographic Arbitrage
You know Americans are voting with their feet when it comes to relocating to a better America. The same is taking place with Wall Street as trading moves to places like Florida and Texas, where politics and taxes don’t muck up transactions like New York. The Wall Street Journal's editorial board explains: The Texas exchange is also a form of political arbitrage. New York Democrats have long taken Wall Street for granted, imposing punishing taxes and regulation. Progressives in Albany recently threatened to revive a long-dormant stock transfer tax to pay for their migrant and mass transit … [Read more...]
Radical “Lawfare” Goes Beyond Trump: Food and Oil Companies Targeted
You have watched as radical progressive AGs like Letitia James (NY) and DAs like Alvin Bragg (New York County, NY) and Fani Willis (Fulton County, GA) have used legal warfare, known as "lawfare" to attack President Donald Trump. But the 45th president isn't the only target of radical progressive lawfare. James and others are now targeting oil and food companies in an attempt to drive the industries out of business, and to pad their budgets with money won in legal battles. Kevin Stocklin reports in The Epoch Times: As U.S. oil, gas, and coal companies struggle under an array of regulations and … [Read more...]
China’s Weakening State: Why Intervene?
As Your Survival Guy points out here, not all is well inside China’s economy as witnessed by the lack of Chinese tourists on a recent trip to Paris. According to Nathaniel Taplin in The Wall Street Journal, China's economy is suffering from overcapacity, and it's about to get worse. He writes: Cheap Chinese high-tech goods have flooded the global economy this year, raising alarms in Washington and Brussels as Western businesses complain about what they see as a new round of unfair competition. Chinese leader Xi Jinping has dismissed the charges, saying “there is no so-called problem of … [Read more...]
Chicago’s Recipe for Disaster: Borrow Too Much and Defund Police
If you were cooking up a metropolitan disaster, you'd probably add in one cup of over-indebted budgeting, and then you'd add a generous sprinkle of defund the police. That's exactly what has happened in Chicago, where the city's radical progressive leaders have spent its treasury on their political priorities and defunded the police. In a city that was already one of America's worst for crime, things are now getting scarier. Judge Glock reports in City Journal, writing: A fight broke out late one Saturday night, or, more accurately, early Sunday morning, at a bar on Chicago’s South Side. … [Read more...]
The Trump Conviction
Your Survival Guy’s take on the Trump conviction is it’s going to help Trump. In a close election that may be decided by nonpartisan voters, this will be a conversation starter that should lean towards Trump as it's shown he's being held as a political hostage by progressives. With wise guys like Robert De Niro “the gentleman,” showing his true colors, don’t count out Trump. The editors of The Wall Street Journal comment on the consequences of Trump's conviction for the country, writing: The evidence from the six-week trial fleshed out some of the facts. Stormy Daniels testified that she … [Read more...]
Top 10 Reasons to Own an AR-15
UPDATE 5.31.24: The NRA is America's premier defender of the Second Amendment, but the organization recently won an overwhelming victory for the First Amendment at the Supreme Court. The court's justices unanimously backed the NRA in NRA v. Vullo, a case that challenged the use of their power by government officials to silence opponents. The Wall Street Journal's editors report: The National Rifle Association alleged that New York state’s former Superintendent of the Department of Financial Services, Maria Vullo, coerced financial institutions that she regulated to stop doing business with it … [Read more...]
No Go Zones in America’s Cities Expand
With the announcement that Chicago will offer the most generous subsidies in the U.S. to save its downtown, you can expect more of the same from other blue blob cities. As I’ve said before, cities will be beautiful but smaller as governments spend resources to save their city centers. But they don’t have the money to do it for an entire city. This will create more no-go zones in more cities. If you’re not already living in the safest areas, plan your escape now. In The Wall Street Journal, Peter Grant explains Chicago's plan to save its own city center while its outskirts crumble: Chicago … [Read more...]
What Happens after 28 Years without a Real Budget?
You have seen charts of America's exponential debt growth. They aren't appealing. How did America get here? How will it get itself out? At Reason, Eric Boehm explains that Congress has not passed a normal budget in 28 years, and that perhaps it needs new rules to get the process moving again. He writes: If you made a list of all the reasons why federal borrowing has spiraled out of control in recent years, the utter failure of Congress to pass a true budget would certainly rank near, or at, the very top. Regular Reason readers know this fact well: Since 1996, Congress has never—yes, not … [Read more...]
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