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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Notable Quotes
 
Reporting on News that an Increasing Number of Americans are Dipping Into Savings or Going Into Debt to Cover Expenses:
 
 

"More than half of Americans are dipping into their savings, borrowing money or going into debt just to cover their expenses, according to data from the National Retail Federation (NRF).

"Consumers are facing a rise in costs across all categories from everyday goods to groceries and gas 'as we continue to face the highest rate of inflation in decades,' according to the nation's largest retail trade group.

"In a recent survey conducted by the NRF, 47% of consumers said they have been switching to cheaper alternatives when looking for household necessities as they try and navigate the challenging economic environment."

Read the entire article here.

 
 
— Daniella Genovese, FOX Business
— Daniella Genovese, FOX Business
Posted June 16, 2022 • 07:48 AM
 
 
Reporting On Voter Sentiment Regarding Moral Values:
 
 

"Half of Americans in a new Gallup poll say they would rate the overall state of moral values in the U.S. as poor, a record high, according to the survey giant.

"The poll released on Wednesday found that 50 percent of respondents rate the state of moral values in the country as being poor while 37 percent rate it as being only fair and 12 percent see it as good. One percent said they rate it as excellent.

"The last time respondents rated the state of moral values in the U.S. similarly was back in 2018, when 49 percent of those polled said it was poor.

"The dismal view of moral values is largely driven by Republicans polled, 72 percent of whom rated moral values' state in the country as being poor."

Read the entire article here.

 
 
— Caroline Vakil, The Hill
— Caroline Vakil, The Hill
Posted June 15, 2022 • 08:55 AM
 
 
Reporting on Inflation, Rising Interest Rates and Real Estate Prices:
 
 

"The US and European real estate markets are experiencing a downwards shift in prices as buyers fall away, according to the global chief investment officer of Hines, one of the largest closely held real estate investors in the world.

"Prices have fallen by about 5% to 10% compared to a year earlier in some areas, according to David L. Steinbach, with Europe following a trajectory set in the US. 'I think we're in for a rough few months,' he said. 'This year is going to be choppy water.'

"Businesses are re-examining expansion plans in light of higher costs, Steinbach said in an interview in Abu Dhabi. Rising interest rates are feeding through into higher funding costs, further dampening demand, he added.

"'Higher inflation is without a doubt making its way into private real estate,' Steinbach said. 'The bidding pools are becoming thinner.'"

 
 
— Zainab Fattah and Jack Sidders, Bloomberg
— Zainab Fattah and Jack Sidders, Bloomberg
Posted June 14, 2022 • 08:13 AM
 
 
On the Deteriorating Prospects for Democrats in the Midterm Elections:
 
 

"Three recent developments indicate that Democrats' already shaky political prospects are deteriorating further, and suggest that the party could be on track to experience a historic rout -- worse than 1994 or 2010 -- in the midterm elections.

"First, the president's approval rating -- which has historically been a harbinger of his party's midterm performance -- hit a new low this week: just one-third (35 percent) of registered voters approve of President Biden's overall performance, while a majority (56 percent) disapprove, according to Quinnipiac polling.

"Importantly, Democrats have lost ground with two key segments of their 2020 coalition -- independents and Hispanics -- as only one-quarter of adults in each group approve of President Biden, while majorities disapprove.

"Republicans also have an advantage in terms of preference for party control of Congress. Nearly one-half (46 percent) of registered voters prefer Republican control, while 41 percent prefer Democratic control. GOP control is also preferred by independents (40 percent-38 percent) and Hispanics (41 percent-38 percent)."

Read the entire article here.

 
 
— Douglas E. Schoen and Zoe Young of Schoen Cooperman Research
— Douglas E. Schoen and Zoe Young of Schoen Cooperman Research
Posted June 13, 2022 • 07:33 AM
 
 
On Iran:
 
 

"As if we didn't have enough to worry about: This week Iran escalated its war against the West.

"On June 8 the International Atomic Energy Agency (IAEA) passed a resolution calling on Iran to explain traces of uranium that it found at three undisclosed sites of nuclear activity. Hours before the IAEA vote, Iran disconnected security cameras from one of its declared nuclear sites. Then Iran began taking down IAEA cameras throughout its territory. The world's nuclear watchdog is flying blind. 'When we lose this,' IAEA director Rafael Mariano Grossi told reporters, 'then it's anybody's guess' what Iran is doing.

"But we know what Iran is doing. Iran is playing hardball. For over a year now, the Biden administration and its European partners have attempted to lure Iran back into the 2015 nuclear deal, a.k.a. the Joint Comprehensive Plan of Action (JCPOA). Those negotiations have failed. Iran keeps upping the ante. It wants Biden to drop sanctions on the Islamic Revolutionary Guard Corps, its terrorist army, and to guarantee that future presidents won't back out of the deal. The first demand is harmful to national security and a political hot potato. The second is impossible. Result: deadlock.

"Deadlock that favors Iran. The mullahs have used the months of jaw-jaw to prepare for war-war. Ayatollah Khamenei has placed radicals in top positions, including the presidency. His proxy forces have spread violence in Iraq, Yemen, and throughout the Greater Middle East. He has plotted to assassinate U.S. officials. He has evaded sanctions. And he has built up his stockpile of nuclear fuel."

Read the entire article here.

 
 
— Matthew Continetti, Resident Fellow at the American Enterprise Institute and Founding Editor of Washington Free Beacon
— Matthew Continetti, Resident Fellow at the American Enterprise Institute and Founding Editor of Washington Free Beacon
Posted June 10, 2022 • 07:07 AM
 
 
On News That the Pentagon Offered to Send National Guard Troops to the U.S. Capitol Four Days Prior to the Jan. 6 Riots::
 
 

"The Pentagon first raised the possibility of sending National Guard troops to the U.S. Capitol four days before the Jan. 6 riots, setting in motion a series of rejections by Capitol Police and Democrats that left Congress vulnerable as threats of violence were rising, according to government memos that validate Trump administration officials' long-held claims.

"An official timeline of the Jan. 6 tragedy assembled by Capitol Police shows that a Defense Department official reached out to a Capitol Police deputy chief, Sean Gallagher, on Jan. 2, 2021 to see if a request for troops was forthcoming, but the offer was quickly rejected after a consultation with then-Chief Steve Sund."

Read the entire article here.

 
 
— John Solomon, Editor in Chief of Just the News
— John Solomon, Editor in Chief of Just the News
Posted June 09, 2022 • 08:11 AM
 
 
On the Untold Story About Green Energy:
 
 

"The untold story about 'green energy' is that it can't possibly be scaled up to provide anywhere near the energy to replace fossil fuels. (Unless we are headed back to the stone ages, which is what some of the 'de-growth' advocates favor).

"Right now, the United States gets about 70% of its energy from fossil fuels. To go to zero over the next 20 years would be economically catastrophic and cost tens of millions of jobs. With gas prices at nearly double their price back from when Donald Trump left office and inflation up from 1.5% to 8% in just 15 months, we are already experiencing the economic damage from the green energy crusaders.

"But we also have to ask whether green energy is even good for the environment. Some environmentalists are pointing to a little-noticed study by the World Bank showing that moving toward 100% solar, wind and electric battery energy would be just as destructive to the planet as fossil fuels. This was precisely the conclusion of a story in Foreign Policy magazine, hardly a right-wing publication.

"According to the Foreign Policy analysis, moving to a 'carbon-free' energy future 'requires massive amounts of energy, not to mention the extraction of minerals and metals at great environmental and social costs.'"

Read the entire article here.

 
 
— Stephen Moore, Author, Economist and Fox News Contributor
— Stephen Moore, Author, Economist and Fox News Contributor
Posted June 08, 2022 • 07:48 AM
 
 
On Rising Gas Prices and President Biden's Hostility Towards Oil and Gas:
 
 

"Gas prices are now more than double what they were when President Joe Biden took office just 18 months ago. ...

"Speaking in Japan last month, President Biden celebrated the high prices as 'an incredible transition' while increasing his push for the Democrats' energy agenda that prioritizes the suppression of oil and gas production.

"'When it's over, we'll be stronger and the world will be stronger and less reliant on fossil fuels,' Biden said. ...

"Despite soaring energy prices, which are in large part a consequence of the administration's enthusiastic forfeiture of the energy dominance inherited from the Trump White House, Biden announced a major push to promote unreliable solar power to replace coal, oil, and natural gas on the power grid. The president invoked the Defense Production Act to manufacture new panels while waiving import tariffs on solar supplies for 24 months. Last month, CBS News revealed that Biden canceled more oil and gas projects in Alaska and the Gulf of Mexico."

Read the entire article here.

 
 
— Tristan Justice, The Federalist
— Tristan Justice, The Federalist
Posted June 07, 2022 • 08:25 AM
 
 
On Dismal Public Confidence in President Biden's Ability to Handle Crises:
 
 

"What's a president to do when his polling numbers are stuck in the basement?

"Joe Biden is hoping to figure that out, trying speeches, and policy gambits, and photo ops. But as a White House event this past week showed, success isn't coming easy.

"After meeting with administration officials and baby formula manufacturers about the severe shortage here, Biden struggled to inspire confidence as reporters battered him with questions about that crisis and several others he's facing.

"Biden flatly admitted he didn't know the formula shortage was a serious problem until April, weeks after the initial recall in February that triggered it. Asked what he would do about record-breaking gas prices, which have strained family budgets and driven up inflation, he argued they "could be higher" if not for steps his administration had taken and said he cannot "click a switch" and bring the cost down.

"And finally, as he was walking out of the White House auditorium Wednesday, Biden was asked if he was confident Congress would pass gun safety legislation in the wake of recent mass shootings targeting elementary school students in Texas and Black grocery shoppers in Buffalo. "I served in Congress for 36 years. I'm never confident, totally," he said. "And I don't know. I've not been in on the negotiations that are going on right now."

"In a nation buffeted by one crisis after another, Biden has had difficulty not only in solving the complex challenges facing him but in simply projecting to the public that he's up to the task. Touted as the most experienced person ever to occupy the Oval Office, Biden has faced questions about his expertise in leading the federal bureaucracy, pushing legislation through Congress, and navigating foreign affairs -- and his approval rating has tumbled accordingly."

Read the entire article here.

 
 
— Jim Puzzanghera, The Boston Globe
— Jim Puzzanghera, The Boston Globe
Posted June 06, 2022 • 08:32 AM
 
 
On the Moral Failure of America's Leaders:
 
 

"It's a standard pattern. After a horror like the Uvalde, Texas, school shooting, pundits, journalists and politicians come forward to say that the event is evidence of some deep moral failure, a flaw in America's soul. Predictably enough, of course, they then preach that salvation can only come by doing what they want.

"But when the facts come in, it invariably turns out that the tragedy doesn't stem from a spiritual failing in America but rather from the fact that some (most?) of our institutions are run by creeps, crooks and incompetents. ...

"Our ruling class keeps failing, and somehow it's supposed to be because of Americans' moral failings. But if Americans have a moral failing, it's in tolerating rule by the cast of clowns in charge of our institutions."

Read the entire article here.

 
 
— Glenn Harlan Reynolds, Professor of Law at the University of Tennessee and Founder of InstaPundit.com
— Glenn Harlan Reynolds, Professor of Law at the University of Tennessee and Founder of InstaPundit.com
Posted June 03, 2022 • 08:13 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?