RUTHFULLY YOURS

https://www.washingtonexaminer.com/news/justice/trump-special-counsel-jack-smith-involved-lois-lerner-irs-scandal

Newly appointed special counsel Jack Smith was instrumental in the Justice Department’s public integrity unit inserting itself into the Lois Lerner IRS scandal targeting conservative nonprofit groups.

Smith, picked by Attorney General Merrick Garland to helm the DOJ’s investigations of former President Donald Trump, led the Public Integrity Section from 2010 until early 2015.

Lerner, director of the IRS’s Exempt Organizations Unit, led an IRS effort targeting Tea Party groups and similar conservative nonprofit organizations. Smith’s push for DOJ officials to contact Lerner and the IRS in order to get the DOJ involved seemed to be the impetus behind the IRS sending the FBI reams of nonprofit tax records.

An IRS watchdog and the DOJ later admitted the IRS committed wrongdoing, although not of the criminal variety. Lerner would apologize.

Republicans unsuccessfully sought a special counsel to investigate the IRS scandal at the time, with Smith’s actions cited as one reason.

“Jack Smith was looking for ways to prosecute the innocent Americans that Lois Lerner targeted during the IRS scandal,” Rep. Jim Jordan (R-OH), expected to lead the House Judiciary Committee next year, told the Washington Examiner.

Jordan and Rep. Darrell Issa (R-CA), who led House Oversight, sought Smith’s testimony in May 2014, saying, “It is apparent that the Department’s leadership, including Public Integrity Section Chief Jack Smith, was closely involved in engaging with the IRS.”

Smith testified that month that he spoke with the FBI about these nonprofit groups.

https://nypost.com/2022/11/26/convictions-plummet-downgraded-charges-surge-under-manhattan-da-bragg/

Soft-on-crime Manhattan District Attorney Alvin Bragg has downgraded more than half his felony cases to misdemeanors — while also managing to lose half of the felony cases that do reach court.

Since taking office on Jan. 1, Bragg has downgraded 52% of felony cases to misdemeanors — compared to 39% in all of 2019. Between 2013 and 2020, under District Attorney Cyrus Vance Jr., the percentage of cases the office downgraded had never exceeded 40%, according to data made public by the DA’s office.

When serious felony charges are brought, Bragg’s office wins a conviction just 51% of the time — down from 68% in 2019, the last year before the pandemic disrupted the court system.He has declined to prosecute 35 percent more felony cases this year than in 2019, with 1,119 so far in 2022 compared to 828 three years ago.

The DA’s office requested bail in only 49% of felony cases this year compared to 69% in 2019. State bail reform measures mean almost no non-violent felonies are eligible for bail now although they were in 2019.

Misdemeanor convictions have also spiraled downward — to 29% so far this year, from 68% in 2019.

https://amgreatness.com/2022/11/25/highways-to-utopia/

EXCERPTS:

At some point, the West really will decline. Is it finally happening? And what is this “West” that is “declining,” “closing,” facing a momentous crossroads? An incomplete but not inaccurate shorthand is “Christendom.” I know that the term strikes an antique note in America circa 2022. When is the last time you heard someone utter it without invisible scare quotes? (When was the last time you heard someone utter it at all?) But a decaying moral vocabulary—consider the recent career of words like “virtue,” “manliness,” “womanly,” or “respectable”—is part of the ominous cargo we are called upon to bear. As for “Christendom,” it names a dispensation in which the individual possesses intrinsic moral worth, defined not only by the Christian tradition itself but buoyed also by those traditions, predominantly classical and Judaic, which flowed into and helped nurture and define that baggy creation we call “the West.” 

One bleak route on the crossroads we face involves the willful throttling of those mighty currents. Angry at the Gyndes River for sweeping away and drowning one of his sacred white horses, Cyrus decided to punish the river by having his slaves cut 360 channels into it, stanching its flow to a trickle. This we have done to ourselves, applying mental tourniquets to the arteries that fed us from the past in order that we might gambol undisturbed in distracted present-tense ignorance. An illustrative case in point is the Princeton classics department, where woke educationists panting for relevance recently jettisoned the requirement that its students learn Latin or Greek, never mind both. At the same time, they publicly celebrate the 57 varieties of racial-trans-wonderfulness that have become the focus of academic obsession. It is a situation that is as absurd as it is malignant. In The Present Age (1846), Kierkegaard described the jaded spirit that “leaves everything standing but cunningly empties it of significance.” That is where we are today: occupying a husk of decadence assiduously emptied of vitality. Princeton, Yale, Harvard, and the rest of the querulous educational establishment are sodden with money but spiritually and intellectually bankrupt. They continue to look like educational institutions: leafy walks, imposing libraries, impressive buildings. But most of the activities they sponsor are inimical to real education, inciting thousands of puny Cyruses to divert and stymie the waters of tradition in order to polish the mirror of their narcissism. 

https://www.realclearpolitics.com/disputed_questions/how-can-we-fix-inflation.html#supply-side-inflation-and-its-cures

The Federal Reserve failed to anticipate the worst inflation since the 1970s and is now administering medicine that will sicken rather than cure the patient. As Fed Chair Jerome Powell said recently: “Restoring price stability will take some time and requires using our tools forcefully to bring demand and supply into better balance. Reducing inflation is likely to require a sustained period of below-trend growth. Moreover, there will very likely be some softening of labor market conditions.”

This is entirely misguided: unlike the 1970s, today’s inflation is the result of too little labor and too little capital investment – in manufacturing as well as energy. To a great extent, it is a supply-side problem. Discouraging employment and investment by raising interest rates will only make things worse. What the United States requires, rather, is incentives for investment and employment in manufacturing and construction.

The impulse from inflation came from a fiscal shock in the form of federal transfer payments in response to the COVID-19 pandemic.

With a lag of zero to six quarters, transfer payments show a high correlation with year-on-year changes in the Consumer Price Index, as in the cross-correlogram above. A predictive equation that relates year-on-year changes in CPI with lagged values of transfer payments explains most of the change in CPI.