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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The FBI Shouldn't Be Above the Law Either Print
By David Harsanyi
Sunday, May 06 2018
Rosenstein has yet to explain why he's not cooperating with a congressional inquiry. Instead, he plays martyr to a friendly media.

These days, a number of people seem to be under the impression that investigating President Donald Trump is the most vital project undertaken by this nation since its founding. Perhaps. But their feelings shouldn't override the Constitution, because for all the principles allegedly being whittled away by this administration, its antagonists seem to be doing everything they can to keep pace.

For instance, while it might come as a surprise to many, the Justice Department is not an "independent" entity. Presumably, those who work for the DOJ have fealty to law and justice first, yes. But they are ultimately subordinates of the president of the United States, who was elected legally and has powers identical to those of former Presidents Barack Obama or George W. Bush.

In other words, Deputy Attorney General Rod Rosenstein doesn't work for CNN personalities or Vox explainer writers. He works for Trump.

And while it might also come as a surprise to some people, Congress  a separate, co-equal branch of government run, for the moment, by Republicans  is tasked with oversight of the executive branch, which includes the Justice Department. Now, you may deem Congress scandalously incompetent or hopelessly partisan, but it's within the purview of a congressional committee to ask the FBI for documents pertaining to an ongoing investigation. Congress isn't breaking the law or "extorting" anyone by asking for more transparency, as Rosenstein recently asserted.

Yet most Democrats (and never-Trumpers) have taken the exceptionally convenient position that not only should the president (well, this president) not have a say over the goings-on at the Justice Department but Congress (well, this congress) also has no right to demand oversight. Most of the media frame their work accordingly, creating the impression the FBI doesn't answer to anyone.

Fact is, Rosenstein has a habit of slow-walking documents to Congress that make the FBI look bad. This is a political consideration. The deputy attorney general is now refusing to hand over redacted documents that pertain to former Trump aide Michael Flynn's statements about interacting with Russians. Will Flynn's statements magically change if the public or Congress see them? Rosenstein has yet to explain why he's not cooperating with a congressional inquiry. Instead, he plays martyr to a friendly media.

Last time we went through this charade, in fact, Democrats and their allies were claiming that releasing congressional findings on alleged FBI abuses would be a reckless attack on the nation's security. Whatever you make of the veracity of the claims in the Devin Nunes memo, this claim turned out to be untrue. We went through a similar circus with the release of the James Comey memos, which ended up giving Americans more context to the endless leaks that have consumed news coverage for the past year and a half.

The idea that partisans and journalists who've made a living using favorable leaks regarding the investigations into the Trump administration are suddenly concerned about the sanctity of a criminal investigation is ludicrous. Moreover, Congress, whether you like it or not, is also conducting an investigation. Let's see more, not less.

Which bring me to special counsel Robert Mueller. There has been a continued effort in Congress to pass a law insulating the special counsel, which would create a super prosecutor with wide-ranging autonomy that would allow him to investigate whatever he likes for as long as he likes. I'm not sure such a law would be constitutional, but it's certainly an attack on the separation of powers.

Let's face it: Most Democrats or Republicans have acted in partisan ways during the Russia collusion investigation because much of it is a partisan concern. The only thing left is to try and save the already-tattered process because by creating the impression that wholly constitutional actions are abuses, we are also creating precedents that undermine norms of governing oversight.

Now, firing Mueller would almost surely have major political ramifications, giving Democrats fodder to seek impeachment without any proof of criminality, much less "collusion." And considering the questions Mueller reportedly wants to ask Trump  a net-casting expedition that has almost nothing to do with collusion  doing so would probably be an act of self-destruction on the president's part.

Or maybe Mueller will uncover criminality. Maybe Trump will abuse his office in an effort to bury the investigation. If the House believes so, it can impeach the president. If the Senate believes so, it can remove him. If the Republicans believe it, they can nominate someone else. If the American people agree, they can elect another president. This is all proper. But changing how government works by effectively stripping embedded constitutional oversights for political reasons is just another kind of corruption.


David Harsanyi is a senior editor at The Federalist and the author of the forthcoming "First Freedom: A Ride through America's Enduring History with the Gun, From the Revolution to Today." 
COPYRIGHT 2018 CREATORS.COM

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
 
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