Here's some potentially VERY good economic news that was lost amid the weekend news flurry.  Those…
CFIF on Twitter CFIF on YouTube
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

Liberty Update

CFIFs latest news, commentary and alerts delivered to your inbox.
Jester's CourtroomLegal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts.
The Democrats' February Blues Print
By Victor Davis Hanson
Thursday, February 13 2020
The Iowa mess confirmed that the Democratic Party is torn apart at a time when a near-record 90 percent of Republicans are united under President Donald Trump.

All political parties and candidates have bad days. But the new progressive Democratic Party had four of its worst days in recent memory in a single week in February.

On Feb. 3, the Iowa Caucuses imploded for the first time in their history. The new app-driven counting melted down, discrediting the very idea of caucusing in general.

The winner  Pete Buttigieg by two delegates over Bernie Sanders  was not known for days. The mess was ironic in a number of ways.

The Democrats are the party of the Silicon Valley. They pride themselves on being on the cutting edge of youthful computer culture. But the inability to count simple votes was a bitter reminder that they understand the cyber world no better than their Republican opponents.

Voters might remember the 2013 meltdown of the Obamacare website, the abject failure of Hillary Clinton's supposedly sophisticated 2016 campaign analytics, and the incompetence of supposedly tech-driven 2016 polling.

Four years ago, the Democratic Party found ways to thwart socialist Bernie Sanders' primary bid. Democratic National Committee interim chair Donna Brazile leaked CNN debate questions to Hillary Clinton, and the party used superdelegates to nullify Sanders' grassroots surge.

This time around, the release of a pre-caucus Des Moines Register poll was canceled for the first time ever. Rumors swirled that the Democratic establishment was embarrassed over the likely strong showing of Sanders. Such conspiracy theories were only further fueled when it was not known for days who actually won the caucuses.

The Iowa mess confirmed that the Democratic Party is torn apart at a time when a near-record 90 percent of Republicans are united under President Donald Trump.

Democrats say they appeal to diversity, protect the average working American and are suspicious of the billionaire class. But the Democratic primary race so far reminds us that party rules favor rich, white candidates.

The agendas voiced on the debate stages are not those of Middle America. So far Johnny-come-lately multibillionaire Michael Bloomberg has spent hundreds of millions to buy his way onto the Democratic debate stage and move up in party polling. Billionaire Tom Steyer has virtually no support, but he has qualified for the debate stage solely due to his billions.

On Feb. 4, the second day of this Democratic train wreck, Trump gave his State of the Union address. Even many critics grudgingly admitted that it was the best speech of Trump's presidency. That same day, a Gallup poll showed Trump's approval rating at 49 percent, the highest of his presidency  higher than when he won the 2016 election.

The Democratic members of Congress attending the State of the Union address appeared petty, showing that they were politicos first and elected officials second. Some Democratic representatives did not show up. Others walked out. Some hectored Trump. Some would not stand up  even when ordinary Americans were being applauded for their extraordinary lives.

House Speaker Nancy Pelosi (D-Calif.) tore up her official copy of the presidential speech on national television the moment Trump finished delivering it. It was the first time in history that the House speaker, seated directly behind the president, had shown such childishness.

Then, on Feb. 5, the Senate voted to acquit Trump on two impeachment charges of abuse of power and obstruction of Congress.

When the impeachment inquiry started in September based on a "whistleblower" complaint, Trump's approval rating was about 8 points lower than it is now. The efforts of the impeachment triad of Reps. Pelosi (D-Calif.), Jerrold Nadler (D-N.Y.) and Adam Schiff (D-Calif.) proved an unmitigated political disaster for their party. It's no wonder, given that the partisan impeachment effort never won bipartisan or public support.

The Democrats did not offer a special counsel report or draw on an independent investigation. By the time the partisan spectacle was over, a terrible precedent had been set of turning impeachment into just another crass political tool. From now on, if sitting presidents lose their House majorities after their first midterm elections, will they inevitably be impeached by the opposition?

Finally, the Democrat debate on Feb. 7 confirmed opinions that the party is heading over the cliff. All seven candidates  six of them white  pilloried the United States as an inherently racist society. If so, then why didn't the debaters invite on stage the Democratic candidates of color who dropped out of the race earlier?

The candidates monotonously trashed Trump without offering a convincing alternate agenda that would appeal to a majority of voters and might improve on the current vibrant economy.

The Democrats have nine months to unite around a centrist candidate. They have to give up on aborting Trump's first term and instead offer a realistic counter-agenda to Trump's booming economy and recalibration of foreign policy. Democrats also have to run their debates and primaries competently, fairly and professionally.

Otherwise, 2020 will turn out to be a disaster for them  just like those four bad days earlier this month.

Victor Davis Hanson is a classicist and historian at the Hoover Institution, Stanford University, and the author of "The Second World Wars: How the First Global Conflict Was Fought and Won," from Basic Books. You can reach him by e-mailing authorvdh[at]


Question of the Week   
Which one of the following pandemics caused the largest number of deaths in the 20th Century alone?
More Questions
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?