We at CFIF often highlight the clear and present danger that drug price control schemes pose to American…
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New Lung Cancer Breakthrough Illustrates the Potential Peril of Drug Price Controls

We at CFIF often highlight the clear and present danger that drug price control schemes pose to American consumers, who benefit from our private pharmaceutical sector that leads the world - by far - in innovation.  A new lung cancer treatment breakthrough in the form of Amgen's Lumakras illustrates that interrelationship.

Simply put, Lumakras reduced the risk of progression by 34% compared to chemotherapy in patents with advanced lung cancer, which is particularly welcome considering lung cancer's especially low survival rate (18.6% over five years, and just 5% for advanced forms).  The breakthrough required years of research and enormous amounts of investment, however, which The Wall Street Journal notes makes Lumakras the type of innovation put at risk by new drug price controls…[more]

September 22, 2022 • 05:06 PM

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Record Increase in U.S. Murder Rate Prompts Record Gun Sales in Response Print
By Timothy H. Lee
Thursday, February 18 2021
[A]ssaults against our nation’s police forces have created an atmosphere of record murder rate increases, and the Biden Administration only appears likely to fuel that growing inferno.

This grim and underreported number defies belief:  In 2020, the American murder rate increased by a record 31%.  

To place that number in horrifying perspective, the previous record increase was a comparatively miniscule 13% in 1968.  

The murder rate increases were even more grim in the nation’s ten largest cities, with a cumulative increase of 40%.  In deepest-blue Chicago, murders in 2020 increased 55% from their already-elevated existing rate.  And to think, those bastions of liberal governance consider themselves superior exemplars for conservative rubes living in Flyover Country.  

The U.S. murder rate tripled between 1965 and 1976, and continued escalating into the 1990s.  Between 1993 and 2019, however, the rate fell by half due to tougher policing and prosecutorial policies instituted in Mayor Rudy Giuliani’s New York City and then elsewhere.  

Today, we’re witnessing the dramatic reversal of that miraculous two-decade improvement.  

In any other year, that reversal and record increase would lead the headlines, trigger widespread alarm among the political class and commence introspection over the causes.  With a more honest and unbiased mainstream media, it would at least be a more prominent part of our national discussion.  

But that would undercut the mainstream media’s leftist narrative drumbeat.  We just can’t have Americans preoccupied with “law and order” concerns, because that inures to the benefit of conservative public policies and candidates for office.  

To the extent that mainstream media does acknowledge the escalating problem, they rationalize it as attributable to the coronavirus pandemic, allowing them to shift the discussion back to a topic they favor.  

There’s just one problem:  The month-by-month crime numbers refute that attempted rationalization, as the Manhattan Institute’s criminology expert Heather MacDonald explains:  

Why this mayhem?  The St. Louis Post-Dispatch expresses the conventional wisdom:  because of the “economic, civic and interpersonal stress” from the coronavirus pandemic.  Chicago Mayor Lori Lightfoot blamed pandemic-related “frustration, anger … trauma and mental health challenges.”  But crime fell during the first months of the pandemic shutdowns, both in the U.S. and globally.  Only at the end of May did that trend reverse itself, and only in the U.S.  

The better explanation for this catastrophic new state of affairs, MacDonald highlights, is the political and mainstream media reaction to the Minneapolis death of George Floyd this past spring.  She quotes Minneapolis Police Department Lieutenant Bob Kroll, who says, “Proactive police work is dead.”  

Police now fear engaging, because any use of force could cost officers their careers, while hesitation in carrying out their jobs could cost them their lives.  Across America, police stops and the number of police/civilian contacts have plummeted.  Police also experience increased assaults by menacing crowds, and even find themselves targets of outright assassination attempts.  

Instead of coming to the rescue or offering reason for optimism, the new Biden Administration already appears set to make matters even worse.  Biden’s anti-police rhetoric exceeded that of his old boss Barack Obama, and his Department of Justice (DOJ) is poised to treat any statistical disparities among races in stops or arrests as presumptive evidence of racist behavior.  

Accordingly, assaults against our nation’s police forces have created an atmosphere of record murder rate increases, and the Biden Administration only appears likely to fuel that growing inferno.  

While mainstream media and leftist political figures minimize the issue, everyday Americans are taking notice and acting accordingly.  

Specifically, the Federal Bureau of Investigation (FBI) announced that it conducted 4.32 million firearm background checks in January, which is not only a new monthly record but also the first time that the number of checks has exceeded 4 million.  Additionally, it’s estimated that 5 million Americans became first-time firearms purchasers in 2020, when between 17 million and 20 million firearms were sold in total.  

Like clockwork, the new Biden Administration seeks to prevent everyday citizens from protecting themselves from record crime increases, even while it continues to target the nation’s police forces as discussed above.  By restricting lenders’ ability to work with firearms manufacturers, attempting to outlaw entire categories of self-defense weapons, imposing increased liability standards for firearms manufacturers on behalf of their trial lawyer friends and harassing citizens seeking to buy guns, the Biden Administration is as unfriendly toward the Second Amendment as it is toward police.  

Fortunately, a judicial branch and Supreme Court fortified by four years of Trump Administration nominations stands ready to overturn new laws that excessively infringe upon the Second Amendment’s individual right to keep and bear arms.  But we can’t rely upon courts to stop every improper infringement.  We must therefore remain vigilant in making our voices heard.  As the nation plunges deeper into an abyss of higher crime, this is no time for complacency.  

Quiz Question   
Which was the highest 30-year fixed mortgage rate yet recorded?
More Questions
Notable Quote   
 
"Voters largely support policies allowing police to detain suspects charged with violent crimes, a new poll shows.Convention of States Action, along with Trafalgar Group, released the poll, which found that the vast majority of surveyed Americans do not support policies that keep law enforcement from detaining those accused of violent crimes.The poll found that 95.6% of those surveyed 'say they are…[more]
 
 
—Casey Harper, The Center Square
— Casey Harper, The Center Square
 
Liberty Poll   

How often do you review your IRA and other retirement accounts?