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Month: December 2019

First Amendment Group Appeals Military Ban on Religious Dog Tags

Recent Stories in Issues First Amendment Group Appeals Military Ban on Religious Dog Tags Supreme Court Keeps Hold on Federal Executions Judge Tosses Six Counts, But Allows Calif. to Prosecute Pro-Lifer Behind Organ Harvesting Videos Religious freedom advocates are appealing the U.S. military’s decision to prohibit the sale of religiously themed dog tags, a move the military made after receiving complaints from a secularist group. First Liberty, a religious freedom advocacy group, submitted a letter to the Army on Tuesday, asking it to lift a ban on the sale of dog tags that feature U.S. military logos alongside Bible verses. The group argued that the ban targeting dog tags sold by Shields of Strength, a “faith-based” business, violates the First Amendment’s Establishment Clause, which prohibits the government from favoring or disfavoring a particular religion. “What Shields of Strength is doing is perfectly permissible under the Constitution and the law,” Michael Berry, director of military affairs at First Liberty, told the Washington Free Beacon. “It is the Army that’s in the wrong here and they’re the ones that need to take corrective action.” Shields of Strength has sold more than four million dog tags featuring trademarked U.S. military logos and Bible verses, many of them to service members. The company—which licensed logos from the Army, Marines, and Air Force—estimates that at least 9 out of 10 operational units have received the...

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How The Dems & The Fed Ensured Trump’s Re-Election

How The Dems & The Fed Ensured Trump’s Re-Election Authored by Chris Hamilton via Econimica blog, The story I’m not hearing… July 31…Debt Ceiling Deal – July 31st of this year, Senate Democrats carried President Trump’s budget deal eliminating the debt ceiling through July 31st of 2021.  This after a majority of Trump’s House Republicans voted against the budget deal but House Democrats overwhelmingly passed it.  And thus the debt ceiling was no more.  Since July 31st, the Treasury has issued over $1 trillion in net new debt but that is just the start. July 31…Federal Reserve begins series of interest rate cuts – On July 31st, the Federal Reserve begins cutting rates and has cut rates from 2.4% to 1.55% or a 35% reduction on the cost of overnight intra-bank lending, the foundation of credit. August 21.. Federal Reserve restarts QE –  Since August, the Fed ceased quantitative tightening (QT) and restarted quantitative easing (QE).  The Federal Reserve balance sheet has expanded by over $300 billion in short order, with an $180 billion increase in Treasuries held. Excess Reserves Not Restarted – With all the new QE, hardly any of it has been added to bank excess reserves…just a paltry $16 billion out of the $306 billion in new currency digitally conjured. Direct Monetization – That is $290 billion in new dollars directly in banks hands…and banks do what banks do, which is leverage those dollars...

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How To Re-Elect Trump In One Easy Lesson

How To Re-Elect Trump In One Easy Lesson Authored by Mike Shedlock via MishTalk, Radical progressives are up in arms. Ironically, if Trump wins again, they will be the reason… Not Getting It Wall Street Journal writer Jason Riley laments “Bloomberg’s past accomplishments in business and politics are liabilities among today’s Democrats.” With that lead-in, Riley tries to explain Why Bloomberg’s Candidacy Is Terminal. It isn’t that Mr. Bloomberg doesn’t have a solid record of accomplishments as a private citizen and elected official. He built one of the world’s most successful financial-media companies and is now worth an estimated $54 billion. According to the Chronicle of Philanthropy, last year he donated $767 million to various charities, second only to Amazon’s Jeff Bezos. And as mayor of New York from 2002 to 2013, he oversaw an expansion of school choice for low-income minorities and sharp reductions in violent crime and incarceration. Mr. Bloomberg’s problem is that these past accomplishments in business and politics are liabilities among today’s Democrats. To win the support of teachers unions, Sens. Bernie Sanders and Elizabeth Warren have attacked the charter-school movement that Mayor Bloomberg championed. And the social-justice activists now ascendant in the party are far more interested in racial parity among people arrested than in reducing crime rates and keeping the streets safe. Progressives view the Mike Bloombergs of the world primarily as rhetorical punching...

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Biden And Pelosi Snap On The Same Day, Anti-Impeachment Witness Threatened; What’s Going On With Democrats?

Biden And Pelosi Snap On The Same Day, Anti-Impeachment Witness Threatened; What’s Going On With Democrats? As public support for impeachment continues to fade, Democrats appear to be coming unglued – with rabid outbursts in public, and privately threatening anyone who might derail their ill-advised gambit. To wit, George Washington University Law School professor Jonathan Turley says he’s been “inundated with threatening messages” following his Wednesday testimony in front of the House Judiciary Committee, where he argued that Democrats have launched a “slipshod impeachment” based on flimsy evidence against President Trump. “Before I finished my testimony, my home and office were inundated with threatening messages and demands that I be fired from George Washington University for arguing that, while a case for impeachment can be made, it has not been made on this record,” Turley wrote in a Thursday Op-Ed. Turley was the lone expert at Wednesday’s hearing to warn Democrats that pushing forward with impeachment would be ill-advised because they can’t prove that Trump inappropriately pressured Ukrainian President Volodomyr Zelensky to investigate 2020 Democratic candidate Joe Biden and his son Hunter. Moreover, Zelensky has stated multiple times that there was no pressure, no quid pro quo, and that he didn’t know that nearly $400 million in US military aid had been paused until after his discussions with Trump. On edge On the same day that Joe Biden snapped...

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Japan Is Again Forced To Stimulate Its Troubled Economy

Japan Is Again Forced To Stimulate Its Troubled Economy Submitted by Bruce Wilds of Advancing Time Japan faces a wall of debt that can only be addressed by printing more money and debasing its currency. This means they will be paying off their debt with worthless yen where possible and in many cases defaulting on the promises they have made. Japan currently has a debt/GDP ratio of about  250% which is the highest in the industrialized world. With the government financing almost 40% of its annual budget through debt it becomes easy to draw comparisons between Greece and Japan. While adding to the markets move higher across the globe the latest move by Prime Minister Shinzo Abe should do little to boost confidence in the small island nation. Entering the third quarter of 2019 Reuters reported their monthly Tankan survey showed that Japanese manufacturers had again turned pessimistic about business prospects. Confidence in the service sector also plunged. Amid the escalating Sino-U.S. trade war, and problems in China the prospects for a global downturn remain large. Survey results showed the weakest sentiment reading since April 2013. Concerns about weakening global demand intensified after a closely watched bond market indicator pointed to the growing risk of a U.S. recession, and data revealed Germany’s economy was in contraction. Japan. the world’s third-largest economy is highly dependent on exports. The U.S.- China...

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