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Ruth King

Armando Simon: College Degrees are a Bubble and a Collapse is on the Way

https://issuesinsights.com/2022/04/08/college-degrees-are-a-bubble-and-a-collapse-is-on-the-way/

“Some people get an education without going to college. The rest get it after they get out.” — Mark Twain

In the field of economics, a “bubble” refers to something that is being absurdly increased in value, much more than its true worth. The classic examples are the tulip mania bubble and the South Seas bubble. One could even make the case the 1929 U.S. stock market was a bubble. The results of such bubbles are invariably disastrous.

College degrees are a bubble. Many, if not most, degrees being granted are geared to be circular, that is, they are required for an academic setting. There, college graduates can happily regurgitate what their former professors told them, who in turn, repeated what their professors told them, each academic at each level in the process feeling very intellectual and very original. The problem is that there is a limited number of institutions that employ people to work in those fields or teach in them. Some politicians are proposing to exacerbate the quandary by offering free tuition, with the slogan, “Everybody deserves [?] a college education.”

Third World countries are faced with a huge mass of college graduates who cannot find a job — any job. I do not exaggerate when I say that if one of those college graduates lands a job at a local MacDonald’s, that graduate feels lucky, indeed. As has been observed, this tends to radicalize the resentful, unemployed, graduates, since they feel they are owed a job and status simply due to having gone to a university.

If the Hunter Biden Story Was ‘Irrelevant,’ Why Was It Censored?

https://www.nationalreview.com/2022/04/if-the-hunter-biden-story-was-irrelevant-why-was-it-censored/

At the University of Chicago’s “Disinformation and the Erosion of Democracy” conference this week — a “how to” discussion, apparently — the Atlantic’s Anne Applebaum was asked about the use of the “disinformation” charge as a pretext for suppressing news. Specifically, the student was referring to the concerted effort by mass media, Big Tech, and government to censor the Hunter Biden laptop story to protect Joe Biden.“My problem with Hunter Biden’s laptop is I think it’s totally irrelevant,” she responded. “I mean, it’s not whether it’s disinformation. . . . I didn’t think Hunter Biden’s business relationships have anything to do with who should be president of the United States.”

Someone might let the January 6 committee, which questioned Ivanka Trump for eight hours the other day, know that the actions of the president’s offspring are totally irrelevant. Applebaum believed questions about presidential kids were relevant during the Trump years. She shared dozens of them, and wrote her own piece about their alleged corruption. And when the Hunter story broke, Applebaum thought it relevant enough to note that the “amazing thing is that even the fraudulent claims about Hunter Biden are so much less bad than many genuine, fully-reported, well-known stories about Trump, his children and their business deals.”

My italics indicate a word that is a synonym of disinformation. That was Applebaum’s contention. Now that a Politico reporter, the Washington Post, and New York Times have all confirmed the veracity of the New York Post’s reporting (probably because that information is going to be revealed in some filing), suddenly the story is a mere distraction.

To ‘Fix’ the ObamaCare ‘Family Glitch,’ Biden Politicizes the IRS The new regulation is a clear violation of the law. By Brian Blase

https://www.wsj.com/articles/obamacare-politicizes-irs-internal-revenue-service-affordable-care-act-subsidies-families-tax-code-healthcare-biden-obama-11649337661?mod=opinion_lead_pos7

President Obama visited the White House Tuesday to support his successor’s attempts to expand ObamaCare. The big news is that the Biden White House has succeeded in convincing the Internal Revenue Service to propose a rule that would illegally extend insurance subsidies to people who are ineligible for them.

Mr. Obama’s presence at the White House was ironic given that the IRS’s proposed policy reverses its decision from a decade ago, when he was president. At that time, the IRS believed it had to follow the law as written. The reversal shows that the enforcement of the tax code has become deeply politicized. Through this rule, if finalized, the IRS will expand ObamaCare subsidies by billions of dollars a year beyond what Congress authorized.

At issue is whether an employer’s offer to provide health insurance to an employee’s dependents disqualifies those dependents from ObamaCare subsidies. The 2010 law created large subsidies for plans in the new exchanges—so large that lawmakers worried the fiscal cost would be untenable. Mr. Obama insisted that ObamaCare cost less than $1 trillion in its first decade. To meet that demand, Congress limited subsidies to people without access to Medicaid or an affordable employer plan.

The trick was determining affordability. ObamaCare based affordability on the cost of coverage for the employee alone. Both he and his dependents offered coverage are ineligible for subsidies if his premium payment for self-only coverage exceeds 9.6% of income.

Questions the media need to start asking about Hunter Biden and his dad Will America’s left-leaning press start asking questions? Andrew Mccarthy

https://www.foxnews.com/opinion/questions-media-hunter-biden-dad-andrew-mccarthy

At a 2020 debate, President Donald Trump tried to press his rival, former Vice President Joe Biden, on an intriguing financial transaction: $3.5 million invested in a fund controlled by Biden’s son. Though Hunter Biden is better known for drug addiction and overall instability than business acumen, Elena Baturina, the widow of Yuri Luzhkov, longtime mayor of Moscow and confidant of Vladimir Putin, for some reason saw wisdom in pouring Russian money into a Hunter venture. 

If Biden had been the Republican in the race, Trump would not have had to raise the question. The media would already have been asking it incessantly. The animating question of the campaign would have been why, when President Barack Obama made his vice president the point-man on administration policy regarding such countries as Russia, Ukraine, and China, people connected to those notoriously corrupt regimes suddenly thought it expedient to pay Biden’s ne’er-do-well son millions upon millions of dollars.

But Biden was the Democrat in the race. The media-Democrat complex, far from haranguing him until he answered such questions, was sure to help him deflect. In fact, an establishment-friendly assortment of former intelligence officials baselessly floated the notion that damning data on a computer that patently belonged to Hunter might be Russian disinformation. The press dutifully ran with it. 

So, in response to Trump, Biden parroted the disinformation dodge, dismissed his opponent as a “clown,” and posed as if the Hunter questions were not worth dignifying with answers.

The tables have turned.

‘When Will Biden See That His Mistakes Are Harming America’s Interests?’ by Khaled Abu Toameh

https://www.gatestoneinstitute.org/18402/arabs-biden-mistakes

“The UAE has allocated the bulk of the investments of its huge sovereign funds in the American markets, even excluding Asian and European markets, and has been keen to increase the volume of trade exchange with Washington. The UAE wanted to become America’s No 1 trading partner.” — Abdul Khaleq Abdullah, close associate of Abu Dhabi’s Crown Prince Mohammed bin Zayed Al Nahyan, United Arab Emirates, Mufakiru Al Emarat, March 29, 2022.

“This prompted the UAE and other countries not to rely on the US as a sole strategic partner. The UAE’s relationship with the US partner is at stake…. the Biden administration… may be on the verge of losing a regional partner.” — Abdul Khaleq Abdullah, Mufakiru Al Emarat, March 29, 2022

“He [Biden] has not learned the lessons from [former US President Barack] Obama’s mistakes and disasters…. Biden is continuing to make more mistakes, particularly in his dealings with Russia and the Gulf countries.” — Muhammed Al Mahmeed, Bahraini writer, Akhbar Al-Khaleej, April 3, 2022.

Veteran Lebanese journalist and political analyst Kheirallah Kheirallah said that there is no real difference between Biden and Obama. “Nothing has changed in Washington, from Barack Obama to Joe Biden. If anything has changed, it is for the worse.” — Elaph, March 30, 2022.

“How can a US administration … [refuse] to take note that northern Yemen has become an Iranian base for missiles and drones? These missiles and drones are…. now threatening navigation in the Red Sea as well.” — Kheirallah Kheirallah, Elaph, March 30, 2022.

“[This US policy] has encouraged Iran to go far in threatening the countries of the region and their security with the help of the Revolutionary Guard Corps. To put it more clearly, there is no sane person in the region willing to take seriously any reassuring words issued by [US Special Envoy for Iran] Rob Malley and other officials in the US administration dealing with the Iranian portfolio. Every child knows that these American officials have nothing but appeasement for Iran….” — Kheirallah Kheirallah, Elaph, March 30, 2022.

“Worse than all of the above would be if Washington responds to the Iranian condition by removing the Revolutionary Guard Corps from the list of terrorist organizations, as it did with the terrorist Houthi militia.” — Khorshid Delli, Kurdish researcher, Al-Ain, April 1, 2022.

“Biden’s policy toward the Iranian nuclear is not acceptable to the allies in the Middle East and the Arab Gulf….” — Khorshid Delli, Al-Ain, April 1, 2022.

“We see what Iran’s proxies are doing in Iraq, Syria, Lebanon, Bahrain and Kuwait.” — Mashari Al-Thaydi, Saudi journalist Al-Ain, March 30, 2022.

Although many in the Arab world diplomatically refer to Biden’s action as “mistakes,” they appear to recognize that they are deliberate, and lacking in any consideration for the wellbeing of people who will have to continue living in the region — which the Americans making these decisions for them will not.

The Biden administration’s courtship of Iran, a state sponsor of terrorism, seems a replay of the same heartless, coldblooded lack of concern as the Americans showed for the people they were leaving behind when they pulled out of Afghanistan; and now, when the US is seen dragging its feet to avoid giving the Ukrainians enough weapons fast enough to defend themselves adequately from a Russian slaughtering army.

Many seem confused why the Biden administration would want this as their legacy.

Many Arabs are continuing to express disappointment and frustration with the administration of US President Joe Biden, particularly its perceived appeasement of Iran’s mullahs, failure to classify the Iran-backed Houthi militia as a terrorist organization and turning its back on America’s erstwhile allies and friends in the Arab world.

Ben & Jerry’s Tries to Force Food Apartheid An unprecedented turning-point lawsuit over E. Jerusalem, Judea and Samaria. Edwin Black

https://www.frontpagemag.com/fpm/2022/04/ben-jerrys-tries-force-food-apartheid-edwin-black/

For the first time in human-rights history, an international mega-corporation has attempted to coerce a licensee into food apartheid. This unprecedented contractual demand has provoked a turning-point lawsuit that asks whether it is legal to attempt to force a food licensee to discriminate against entire communities, especially ethnic ones. More distilled, the lawsuit asks to uphold the basic right to be fair, ethical and legal.

The litigants are “David,” the tiny Ben & Jerry’s licensee in Israel vs. the twin “Goliaths,” Ben & Jerry’s of Vermont and its billion-dollar parent company, multi-brand behemoth Unilever.

Ironically, the effort to compel this food apartheid springs from none other than the alleged icon of social values, Vermont-based Ben & Jerry’s. The famous, funky ice cream brand—operated by aging millionaire hippies Ben Cohen and Jerry Greenfield—has demanded that its longtime Israeli licensee stop selling in eastern Jerusalem, as well as in Judea and Samaria, also known as the West Bank. These regions are predominantly populated by Arabs.

From the beginning, Ben & Jerry’s Israel’s owner, Avi Zinger, knew he could not comply with such an illegal request. In Israel, where communities and entire villages are historically ethnic, commercial discrimination by ethnicity, neighborhood or geographic location is strictly illegal. The United States has enacted laws forbidding similar “redlining” activities by food distributors, service providers and financial institutions.

Republicans and Democrats See the Iran Deal for What It Is By Carine Hajjar

https://www.nationalreview.com/corner/republicans-and-democrats-see-the-iran-deal-for-what-it-is/

“But perhaps the greatest sign of the deal’s weakness is that its own authors have walked away.”

Though President Biden promised a return to the Joint Comprehensive Plan of Action (JCPOA), the Iran nuclear deal that currently sits on the table is weaker and more dangerous.

Republicans, who fought against Obama’s JCPOA, are predictably calling for an end to negotiations.

Earlier today, Republicans from the House Foreign Affairs Committee hosted a press conference to denounce Biden’s Iran deal. Congressman Andy Barr (R., Ky.) said Trump’s “maximum pressure” strategy was working, and Biden’s current attempt amounts to a “flawed deal” that cannot go forward. To Barr and his colleagues, the JCPOA-minus is “flawed in process, flawed in substance, and flawed in verification protocols,” according to Barr.

As I wrote yesterday, Obama’s (already weak) Iran deal has always been a partisan issue — that is, until Biden botched it even further. Now even Democrats are speaking out.

Earlier today, Democratic Representatives Josh Gottheimer of New Jersey and Elaine Luria of Virginia led a press conference representing a group of 18 House Democrats in opposing the deal. Luria started off saying, “As a group, we have a variety of concerns; everywhere from concern about the negotiations all the way to . . . outright opposition.”

Congressman Juan Vargas (D., Calif.) criticized Biden for keeping Congress “in the dark” despite “fatal flaws.”

Judge Acquits J6 Protester in First Defeat for DOJ By Julie Kelly

https://amgreatness.com/2022/04/06/judge-acquits-j6-protester-in-first-defeat-for-doj/

D.C. District Court Judge Trevor McFadden today delivered a major blow to the Justice Department’s aggressive prosecution of January 6 protesters. Following a bench trial this week for Matthew Martin, a New Mexico man charged with the most common misdemeanors related to the Capitol protest, McFadden found Martin not guilty on all counts. It is the first acquittal in a January 6 case; nearly 800 Americans have been arrested and charged, mostly on petty offenses, for their involvement in the four-hour disturbance that day.

Martin was arrested a year ago on four counts: entering and remaining in a restricted building, disorderly conduct in a restricted building, violent entry, and parading in the Capitol building. Prosecutors confirmed he was in the building for roughly 10 minutes.

He pleaded not guilty and opted for a bench trial before McFadden, a Trump appointee. Taking the stand in his own defense, Martin said he was “waved” into the building by Capitol police. According to BuzzFeed’s Zoe Tillman, who is covering the in-person trials in Washington, an official for the U.S. Capitol Police testified that police “were so vastly outnumbered and couldn’t stop people [and] all they could do was observe [and] try to make sure no one got hurt.”

Calling Martin’s conduct “minimal and non-serious,” McFadden found it “plausible” that Martin was allowed into the building and did not realize the grounds were off-limits to the public.

McFadden’s ruling could impact pending cases and plea offers since a government witness confirmed for the first time under oath that police stood by as people entered the Capitol. The next trial for a January 6 defendant facing the same charges is scheduled for April 13 when Russell Dean Alford will appear before Judge Tanya Chutkan, an Obama appointee.

Can Ukraine Ever Win? There is as yet still no deterrent force that can stop Russia’s bombs and missiles and disrupt Vladimir Putin’s nihilist strategy. By Victor Davis Hanson

https://amgreatness.com/2022/04/06/can-ukraine-ever-win/

Even a truncated Russian Federation has four times the pre-war population of Ukraine. It enjoys well over 10 times the Ukrainian gross domestic product. Russia covers almost 30 times Ukraine’s area. 

And how does Ukraine expel Russian troops from its borders when its Western allies must put particular restrictions on their life-giving military and financial aid?   

The interests of Europe and the United States are not quite the same as those of a beleaguered Ukraine. NATO also wants Vladimir Putin humiliated, but only if the war can be confined within the borders of Ukraine. 

The West seeks a resounding reaffirmation for the supposed “rules-based international order” that prevents aggressive invasions across national borders—but not at the price of a nuclear exchange. 

So to accomplish those grand agendas, the West restricts some of its generous supplies to Ukraine. It sends plenty of lethal weapons—as long as some of them will not provoke a losing Russia into doing something stupid, like resorting to tactical nuclear weapons to save face. 

There are other complications. Time is fickle. In theory, it should favor a resilient Ukraine. 

The longer the war goes on, the more sanctions will hurt the Russian economy and insidiously undermine Russian public support for the war. 

On the other hand, the longer the war continues, the greater the Russian losses, and the fewer acceptable off-ramps for Putin, all the more likely he will grow desperate and escalate to Götterdӓmmerung levels. 

Admittedly, Putin is no longer fighting to win over Ukraine and force it back intact into the Russian federation. He is no longer wary of eradicating infrastructure that he once felt would once again become valuable Russian assets. 

Instead, Russia is going full Carthaginian peace in Eastern Ukraine—leveling cities, murdering civilians, and destroying an entire modern society for generations. 

Report: Bipartisan Group of Lawmakers Takes on Biden Over Border Crisis By Cameron Arcand

https://pjmedia.com/news-and-politics/cameronarcand/2022/04/06/report-bipartisan-group-of-lawmakers-takes-on-biden-over-border-crisis-n1587755

Axios reports that a bipartisan group of lawmakers will be introducing a bill Thursday to stop the Biden administration from lifting Title 42 on May 23, which would worsen the border crisis.

Sen. Krysten Sinema (D-Ariz.) is leading the effort, along with Sen. James Lankford (R-Okla.). Sens. Mark Kelly (D-Ariz.),  Joe Manchin (D-W.Va.), Jon Tester (D-Mont.), John Thune (R-S.D.), John Cornyn (R-Texas), Thom Tillis (R-N.C), Shelley Moore Capito (R-W. Va.) and Rob Portman (R-Ohio) are acting as co-sponsors, the outlet added.

More specifically, the bill will require a 60-day waiting period after the surgeon general tells Congress that the COVID-19 emergency is over. This would presumably give law enforcement more time to prepare for a surge of migrants at the border.