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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Jester's Courtroom Legal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts
Notable Quotes
 
On President Biden:
 
 

"President Biden is going to deliver a prime-time speech Thursday on what the White House calls the 'battle for the soul of the nation.'

It's a timely topic with rich possibilities, but none richer than the notion that the Big Guy is qualified to address America's soul. Unless he's going to confess how his family made millions by selling access to foreign governments and Communist oligarchs, Biden will be stuck spinning a web of fiction.

No problem there because fiction is what he's good at. He has a gift for playing make-believe.

All politicians lie, but Biden doesn't stop there. He's a proven plagiarist, a fabulist, always the hero of his own stories, the Walter Mitty of American politics!

Never mind that on his watch and under his policies, America has gotten more violent, more expensive and more pessimistic. The world smells weakness and when our enemies say the United States is in decline, it's hard to argue otherwise."

Read the entire article here.

 
 
— Michael Goodwin, New York Post
— Michael Goodwin, New York Post
Posted August 31, 2022 • 07:57 AM
 
 
Reporting on the Worsening Main Street Rent Crisis:
 
 

"The Federal Reserve chair Jerome Powell said on Friday there will be 'pain' to come in the economy as a result of the central bank's battle with inflation, and right now, small businesses are experiencing that pain on both sides of the fight.

"Inflation has been the No. 1 concern of small businesses for some time, as high prices in raw materials, labor, energy and transportation cut into margins. Higher rents, and landlords feeling more aggressive the farther away the nation moves from the peak of Covid, have compounded the hit from inflation being felt on Main Street. While there are some signs of inflation easing across the economy, that's because the Fed is intentionally cooling demand, and that has small business owners anticipating a sales decline.

"What does it all add up to? According to a new national survey of small business owners by Alignable, a big jump in August in the percentage of small business owner who couldn't pay full rent in August.

"Nationally, apartment rental prices, which have soared, are among the inflation indicators that may have recently peaked. But the Alignable data shows that the rent inflation crisis for small businesses is actually getting worse. Forty percent of small business said they could not pay their rent in full this month, up 6% month over month and setting a record for 2022. ...

"The Alignable data also shows that many small business are still struggling to get back to pre-Covid revenue levels, just as the Fed is taking steps that are slowing overall demand. Casto said Alignable would hope that the numbers would be trending down among small business owners who say they have not returned to pre-Covid sales marks, but that's not happening now. Last December, amid the critical holiday season for many small businesses, 43% said they were 'fully back,' according to Alignable. 'It's 23% now,' Casto said, 'and has just been slipping. ... even people who thought they were out of the woods in December or January, all of a sudden they're not.'"

Read the entire article here.

 
 
— Eric Rosenbaum, Senior Editor at CNBC.com
— Eric Rosenbaum, Senior Editor at CNBC.com
Posted August 30, 2022 • 08:24 AM
 
 
Reporting On News That President Joe Biden Was Warned by Treasury Secretary Yellen and the Frist Lady Not to Cancel Student Debt:
 
 

"Joe Biden was warned by the Treasury Secretary and his wife not to cancel student debt, but pressed ahead regardless on the urging of Kamala Harris, it has been claimed.

"Treasury Secretary Janet Yellen argued that with inflation around a 40-year high, the cancellation of student loans could free up consumer spending and drive inflation higher, the New York Times reported.

"Jill Biden, who works part-time as a college lecturer, also urged her husband to reconsider. She campaigned on free community college, but did not push for the cancellation of debt.

"The president ultimately chose to ignore their advice -- after being cajoled on the subject by Vice President Kamala Harris, who was in favor of loan cancelations. ...

"On Friday, The New York Times reported that many within the White House had significant doubts about the wisdom of the plan -- and that, despite months of lobbying from both sides, the rollout had been so rushed the loan companies were uninformed and White House economists had no idea how much the scheme will cost.

"One estimate, by Wharton School of Business, puts the cost at up to $1 trillion."

Read the entire article here.

 
 
— Harriet Alexander, Dailymail.com
— Harriet Alexander, Dailymail.com
Posted August 29, 2022 • 07:09 AM
 
 
On Biden's Student Loan Bailout:
 
 

"In unilaterally 'canceling' up to $20,000 in student loan debt for borrowers earning less than $125,000 annually, the Biden administration on Wednesday put into motion a plan that will further inflate college costs, hinder economic growth, reward upper-income earners, and provide a major handout to woke institutions of higher education.

The administration has stuck its thumb in the eye of the millions of working Americans who don't hold college degrees but who will bear the cost of this federal largesse.

The administration is also rubbing salt in the wounds of those responsible borrowers who worked their way through college to avoid debt or who worked hard to pay off their college debt after graduating.

The millions of Americans who graduated from college, lived modestly, and did without fancy dinners and vacations so they could diligently repay the debt they agreed to pay back are surely wondering why they will get no such rebate.

Those responsible Americans are left standing there, holding the bill like chumps. They have good reason to feel insulted.

So should the Americans who eschewed college altogether because they thought it was a bad value proposition -- which the Biden administration has tacitly admitted through the very move to cancel debt."

Read the entire article here.

 
 
— Lindsey Burke and Adam Kissel, The Heritage Foundation
— Lindsey Burke and Adam Kissel, The Heritage Foundation
Posted August 25, 2022 • 08:33 AM
 
 
On the Biden Administration's Move to Fund Canadian Mining While Blocking U.S. Mining Efforts:
 
 

"The Biden administration is considering funding the Canadian mining and metal industry as it is desperate to acquire more rare earth minerals to build renewable energy technologies; however, the administration has previously blocked the development of U.S. mining efforts, according to E&E News.

"Following the passage of the Democrats' massive climate spending package, the Biden administration is looking to import critical minerals such as lithium, cobalt and nickel and may even give money to the Canadian mining industry to acquire such minerals and help push mineral supply chains out of Chinese hands, according to E&E News. Although it is desperate to produce these minerals and confront the Chinese dominance of the mineral market, the administration has blocked major mining projects in Minnesota and Alaska."

Read the entire article here.

 
 
— Jack McEvoy, Energy & Environment Reporter at The Daily Caller
— Jack McEvoy, Energy & Environment Reporter at The Daily Caller
Posted August 24, 2022 • 07:11 AM
 
 
On the Need for New Leadership at the CDC:
 
 

"Centers for Disease Control and Prevention Director Dr. Rochelle Walensky admitted this week that her agency made 'some pretty dramatic public mistakes' handling the coronavirus, promising to 'pivot' the organization so that it can better provide information to ordinary people.

"But communication was never the CDC's real problem. That was its arrogant and politicized leadership, which was unable to tell the truth. That is why no one trusts the CDC anymore or cares much for its guidance, whatever it happens to be. The cure begins with Walensky's resignation. ...

"The CDC's function is dependent upon the agency enjoying the public's trust. More than 18 months of flip-flops and transparently political decision-making have undermined the CDC's credibility. The agency desperately needs to earn that credibility back. The best way to start is by holding its current leadership accountable."

Read the entire article here.

 
 
— The Editors, Washington Examiner
— The Editors, Washington Examiner
Posted August 23, 2022 • 08:07 AM
 
 
Reporting on Two New Citizens United Lawsuits Against the Biden Administration for Failing to Comply With FOIA Requests for Documents Related to White House Efforts to Federalize Elections:
 
 

"Citizens United filed two lawsuits this week against the Department of Interior and Department of State for failing to comply with Freedom of Information Act (FOIA) records requests regarding the White House's attempt to federalize elections.

"The nonprofit submitted FOIA requests in June, but both agencies failed to respond (federal law requires FOIA requests to be responded to within 20 working days). The requests sought email and text messages from both agencies that mentioned President Biden's Promoting Access to Voting executive order and the Hatch Act, a law that prohibits executive branch employees from engaging in election activities. ...

"As previously reported by The Federalist, Biden's executive order directs all 600 federal agencies to become voter registration agencies and organize voter outreach efforts. It allows such agencies -- including ones that dole out federal benefits -- to work with leftwing get-out-the-vote groups.

"Government watchdogs and Congressional Republicans are worried Biden's EO is a scheme to mobilize the federal bureaucracy to drive Democratic voter registration and turnout, swinging elections in favor of Democrats -- particularly as the 2022 midterms loom."

Read the entire article here.

 
 
— Victoria Marshall, The Federalist
— Victoria Marshall, The Federalist
Posted August 22, 2022 • 07:58 AM
 
 
On the UK's Single-Payer Health Insurance System:
 
 

"Flash!

"We interrupt your inconveniently scheduled recession -- aggravated by crazy congressional spending and absurd tax hikes -- to bring you breaking news from London. Britain's famed 'single-payer' system of national health insurance is in crisis. Again.

"According to The Telegraph, one of Britain's leading newspapers, the total number of patients waiting for medical care has soared to a record 6.6 million British citizens, almost 10% of the entire population. The newspapaer's Data Tracker contains a remarkable set of revealing numbers on the Western world's oldest model of socialized medicine. ...

"In short, according to The Telegraph, 'The NHS is failing to meet every single one of its key duties of care to patients.' ...

"Given the NHS performance, it is worth recalling the promises of America's 'progressive' champions of a single payer national health insurance system for the United States. They insisted, after all, that such a system would be much better prepared to cope with the COVID-19 pandemic than the existing public-private financing and delivery systems that characterize American health care. ...

"It's hard to imagine anything more expensive than 'free care for all.'"

Read the entire article here.

 
 
— Robert E. Moffit, Ph.D., Senior Fellow in Domestic Policy Studies at The Heritage Foundation
— Robert E. Moffit, Ph.D., Senior Fellow in Domestic Policy Studies at The Heritage Foundation
Posted August 19, 2022 • 08:14 AM
 
 
On Sanctuary City Policies Backfiring:
 
 

"The surest sign that public policies are simply virtue signals is when the messages don't cost anything. The easiest way to tell when that signal starts to fail is to watch politicians flounder as the costs start to rise and voters demand relief. ...

"Changes like this happen when voters realize the old virtue signals actually entail serious costs -- and that they will have to pay them. That is exactly what's happening in New York City and Washington D.C. now that Texas governor Greg Abbott is sending those cities a few busloads of illegal immigrants from his state.

"These progressive bastions were silent when the Biden administration flew planeloads of illegal immigrants to suburban airports in the middle of the night. TV coverage was prohibited, and the arrivals were secretly dispersed. Abbott's buses, by contrast, arrive downtown greeted by local TV crews. Now you can hear the politicians screech."

Read the entire article here.

 
 
— Charles Lipson, the Peter B. Ritzma Professor of Political Science Emeritus at the University of Chicago
— Charles Lipson, the Peter B. Ritzma Professor of Political Science Emeritus at the University of Chicago
Posted August 18, 2022 • 08:32 AM
 
 
On Democrats' Massive Expansion of the IRS:
 
 

"This $739 billion tax-and-spending bacchanale includes $80 billion to swell the Internal Revenue Service's payroll from 93,654 to 180,506 -- up 92.7%. The IRS will have more staffers than the 148,511 aggregated employees at the federal departments of Commerce (35,406), Education (3,532), Energy (13,809), Health and Human Services (64,985), Housing and Urban Development (7,334), Labor (13,720) and State (9,725), as the Office of Personnel Management tallied them in 2018 -- the latest totals available.

"These 86,852 new IRS agents are a bit much, if Democrats want them to find billionaires, capsize them and shake them until the gold bars and stock certificates cascade from their pockets. Forbes counts 735 American billionaires. IRA would underwrite 118 IRS agents per billionaire.

"Don't be shocked if IRS audits aim lower -- much lower -- as they already do.

"The Government Accountability Office (GAO) reported in May that in Tax Year 2019, IRS audited 196,717 returns from earners between $1 and $25,000; 72,669 between $25,000 and $50,000; and 32,285 between $50,000 and $75,000. IRS audited 379,357 returns from filers with incomes below $1 million."

Read the entire article here.

 
 
— Deroy Murdock, Fox News Contributor
— Deroy Murdock, Fox News Contributor
Posted August 17, 2022 • 07:15 AM
 
Quiz Question   
Which one of the following U.S. Presidents signed the executive order establishing the Federal Emergency Management Agency (FEMA)?
More Questions
Notable Quote   
 
"On December 15, 2021, President Biden released an Executive Order related to global drug trade and stated, 'I find that international drug trafficking -- including the illicit production, global sale, and widespread distribution of illegal drugs; the rise of extremely potent drugs such as fentanyl and other synthetic opioids -- constitutes an unusual and extraordinary threat to the national security…[more]
 
 
—Derek Maltz, a Retired Director of the Drug Enforcement Administration's Special Operations Division
— Derek Maltz, a Retired Director of the Drug Enforcement Administration's Special Operations Division
 
Liberty Poll   

Choosing from the list below, what issue is currently most important to you heading into the mid-term elections?