Here's some potentially VERY good economic news that was lost amid the weekend news flurry.  Those…
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Some Potentially VERY Good Economic News

Here's some potentially VERY good economic news that was lost amid the weekend news flurry.  Those with "skin in the game," and who likely possess the best perspective, are betting heavily on an upturn, as highlighted by Friday's Wall Street Journal:

Corporate insiders are buying stock in their own companies at a pact not seen in years, a sign they are betting on a rebound after a coronavirus-induced rout.  More than 2,800 executives and directors have purchased nearly $1.19 billion in company stock since the beginning of March.  That's the third-highest level on both an individual and dollar basis since 1988, according to the Washington Service, which provides data analytics about trading activity by insiders."

Here's why that's important:

Because insiders typically know the…[more]

March 30, 2020 • 11:02 am

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CFIF Constitution Day Quiz Print
By CFIF Staff
Tuesday, September 17 2019
Take our 17-Question Quiz to test your knowledge of the U.S. Constitution.

Take our 17-Question Quiz to test your knowledge of the U.S. Constitution.
(Answer key may be found at the bottom)


1. Constitution Day is observed annually on September 17th because on that date in 1787:

a. The first state ratified the Constitution
b. The last state ratified the Constitution
c. The Constitution was sent to Congress for ratification
d. The Constitution went into effect, having been ratified by 9 states

 

2. Which one of the following did the U.S. Constitution replace?

a. The Declaration of Independence
b. The Articles of Confederation
c. The Mayflower Compact
d. The Magna Carta

 

3. Which of the following sets of words begin the U.S. Constitution?

a. “When in the Course of Human Events”
b. “Four Score and Seven Years Ago”
c. “Congress shall make no law”
d. “We the People of the United States”

 

4. Who was the president of the Constitutional Convention?

a. Benjamin Franklin
b. Thomas Jefferson
c. James Madison
d. George Washington

 

5. Which one of the following states was the first to ratify the U.S. Constitution, on December 7, 1787?

a. Virginia
b. Delaware
c. Connecticut
d. Massachusetts

 

6. Which one of the following states, the ninth to ratify, claims the honor of putting the Constitution into effect on June 21, 1788?

a. New York
b. New Jersey
c. New Hampshire
d. North Carolina

 

7. Which one of the following states sent not a single delegate to the Constitutional Convention?

a. Rhode Island
b. Maryland
c. South Carolina
d. Georgia

 

8. Which of the following pairs of Founding Fathers signed the Declaration of Independence, the Articles of Confederation and the U.S. Constitution?

a. Roger Sherman (CT) and Robert Morris (PA)
b. Benjamin Franklin (PA) and George Washington (VA)
c. Thomas Jefferson (VA) and John Adams (MA)
d. James Madison (VA) and James Monroe (NY)

 

9. The signers of the U.S. Constitution included two future Presidents.  Who were they?

a. James Madison and James Monroe
b. George Washington and James Madison
c. Thomas Jefferson and John Adams
d. George Washington and Thomas Jefferson

 

10. The first 10 Amendments to the U.S. Constitution are known collectively as which of the following?

a. The Preamble
b. The Bill of Rights
c. The Proclamation
d. The Bills of Attainder

 

11. Which one of the following individuals was known as the “Sage of the Constitutional Convention”?

a. Benjamin Franklin
b. Thomas Jefferson
c. James Madison
d. George Washington

 

12. Adoption of “The Connecticut Compromise” resolved which of the following issues of concern to the Convention delegates?  

a. The border between the U.S. and Canada
b. The number of Senators from each State
c. The title of the Chief Executive
d. The issue of slavery

 

13. What is a Bill of Attainder?

a. Legislation which singles out an individual or group for punishment
b The tariff for ships entering U.S. ports
c. A marine formation in the South Atlantic
d. What you receive after dinner at a dining establishment

 

14. How many Amendments to the U.S. Constitution have been repealed?

a. 1
b. 2
c. 3
d. 4

 

15. Which Amendment to the U.S. Constitution preserves the free exercise of religion, freedom of speech and the freedom to assemble and petition the Government for a redress of grievances?

a. First
b. Second
c. Seventh
d. Ninth

 

16. The 27th Amendment to the U.S. Constitution – which relates to Congressional compensation and was first proposed in 1789 was finally ratified in which one of the following years?

a. 1865
b. 1918
c. 1971
d. 1992

 

17. Congress is required to call a Constitutional Convention when how many state legislatures formally request that one be held?

a. One third
b. One half
c. Two thirds
d. Three quarters

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"We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."  — The Preamble to the Constitution of the United States of America


Answers:

1 (c), 2 (b), 3 (d), 4 (d), 5 (b), 6 (c), 7 (a), 8 (a), 9 (b), 10 (b), 11 (a), 12 (b), 13 (a), 14 (a), 15 (a), 16 (d), 17 (c)

Question of the Week   
Which one of the following pandemics caused the largest number of deaths in the 20th Century alone?
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Quote of the Day   
 
"The city of San Francisco is forbidding shoppers from carrying reusable bags into grocery stores out of fear that they could spread the coronavirus.As part of its shelter-in-place ordinance, the California city barred stores from 'permitting customers to bring their own bags, mugs, or other reusable items from home.' The city noted that transferring the bags back and forth led to unnecessary contact…[more]
 
 
—Madison Dibble, Washington Examiner
— Madison Dibble, Washington Examiner
 
Liberty Poll   

Have you or a member of your family contracted coronavirus or are having undiagnosed coronavirus symptoms?