For a man who constantly claims to support "Buy American," Joe Biden demonstrates an inexplicable and…
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Inexcusable and Dangerous: Biden Administration Surrenders U.S. Patent Rights to World Trade Organization (WTO)

For a man who constantly claims to support "Buy American," Joe Biden demonstrates an inexplicable and almost fetish-like tendency to undercut American industries.

Since day one, the Biden Administration has ceaselessly besieged a domestic energy sector that finally achieved U.S. energy independence after decades of effort.  And now, it is following through on its inexcusably foolish assault against the U.S. pharmaceutical sector.

Each year, American pharmaceutical innovators account for an astounding two-thirds of all new lifesaving drugs introduced worldwide.  That's the direct result of our system of intellectual property (IP) protections, including patents, which consistently leads the world.

Instead of protecting that legacy of American Exceptionalism, however, the Biden Administration…[more]

June 17, 2022 • 12:30 PM

Liberty Update

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Notable Quotes
Reporting On Russia's Attack Against Ukraine:

"Vladimir Putin has declared WAR on Ukraine and unleashed his terrifying arsenal with a full scale assault on the country - plunging Europe into a bloody new crisis.

"The tyrant declared a 'special military operation' in Ukraine with a dawn raid after months of amassing his forces on the border and brazenly lying to the world about his plans to invade.

"The world is waking up to what could the most horrific crisis since World War 2 as Putin seeks to tear down the world order."

— Nick Parker, Jerome Starkey, Henry Holloway of The Sun
— Nick Parker, Jerome Starkey, Henry Holloway of The Sun
Posted February 24, 2022 • 07:05 AM
On the Biden Administration's Sanctions Against Russia:

"The Biden administration brought economic sanctions to a gunfight...

"One of the problems with using economic sanctions as your primary tool of deterrence in foreign policy is that eventually you'll run into a hostile foe or force that does not care about trading with the U.S. or even money at all. In fact, it is fair to wonder how much money motivates any of America's current foes.

"The Taliban certainly don't particularly care about money; they think they're on a mission from Allah. Iran has been hit with just about every sanction in the book, and no doubt it's had an impact on the Iranian economy, but the mullahs don't seem to care much. Kim Jong-un and the North Korean regime have been sanctioned many, many times, and they just keep getting better and better at evading them. The U.S. and China are too economically intertwined to easily enact sanctions that are serious enough to alter the decision-making in Beijing.

"And then there's Vladimir Putin's Russia -- a government that foresaw the types of moves the West was likely to make, and prepared accordingly..."

— Jim Geraghty, Senior Political Correspondent at National Review
— Jim Geraghty, Senior Political Correspondent at National Review
Posted February 23, 2022 • 07:54 AM
On the Russia-Ukraine Crisis:

"The Ukraine crisis has entered a phase of maximum danger. In an address to the nation Monday night, Russian President Vladimir Putin announced the recognition of the Donetsk and Luhansk regions of eastern Ukraine as independent states. ...

"The coming weeks will serve as a foreign-policy test of the Biden administration rivaled only by the August withdrawal from Afghanistan. If it is to emerge successful, the White House must embrace two simple but essential truths of Russia policy: Putin is in conflict with us, and he only respects strength.

"While the United States talks of off-ramps, de-escalation and the path of diplomacy, Putin is prosecuting a multifaceted war against the West. He announced his hostility at the Munich Security Conference in 2007 and opened the conflict with a major cyberattack against Estonia later that year. After the subsequent invasion of Georgia, annexation of Crimea, conflict in Donbass, intervention in Syria, blockade of Ukraine, hybrid attacks across the West, including the use of chemical weapons in assassination operations in the United Kingdom, and now recognition of Donetsk and Luhansk, it is beyond time for the West to abandon hopes for partnership. ...

"During Monday's meeting of the Security Council of Russia, its deputy chairman, former President Dmitry Medvedev, observed that Russia's invasion of Georgia, which also included the recognition of two provinces, led to no firm response from the West. The lesson, he concluded, is that the West will once again stand by, since 'Russia is more important than Ukraine.' It's time for the Biden administration to prove otherwise."

— Peter Rough, Senior Fellow at Hudson Institute
— Peter Rough, Senior Fellow at Hudson Institute
Posted February 22, 2022 • 08:12 AM
Reporting On Democrat Retirements in the U.S. House of Representatives:

"The number of House Democrats not seeking reelection this year has hit a 30-year high -- a bleak benchmark reflecting frustrations with the gridlock on Capitol Hill, the toxicity of relations between the parties and the challenges facing Democrats as they fight to keep their slim majority in the lower chamber.

"Rep. Kathleen Rice's (D-N.Y.) announcement this week that she won't run again made her the 30th House Democrat to call it quits. That's the most for the party since 1992, when 41 House Democrats decided to retire even as voters were sending their presidential nominee, Bill Clinton, to the White House.

"It marks just the third time since 1978 that either party has seen at least 30 retirements in a single cycle, according to figures tallied by the non-partisan Brookings Institution. The last instance was just four years ago, in the 2018 midterms, when 34 House Republicans made for the exits. It was a grim sign of things to come: The GOP went on to lose 41 seats -- and the House majority -- in a Democratic wave widely viewed as a referendum on then-President Trump.

"This year, it's President Biden's Democrats who face the difficult terrain. Between Biden's sagging approval ratings, a stalled policy agenda in Congress, nationwide redistricting and the historical trend that the incumbent president's party tends to lose seats in midterm elections, the odds of winning the House are increasingly in the Republicans' favor."

Read the entire article here.

— Cristina Marcos and Mike Lillis, The Hill
— Cristina Marcos and Mike Lillis, The Hill
Posted February 21, 2022 • 07:19 AM
Reporting on Rising Home Mortgage Rates:

"Home mortgage rates continue to climb upward, and the average 30-year fixed-rate is now approaching 4% according to the latest data from Freddie Mac.

"The organization's Primary Mortgage Market Survey for this week shows the average rate for a 30-year fixed-rate mortgage hit 3.92%, up from 3.69% last week. The average rate for the same product a year ago was at 2.81%.

"'Mortgage rates jumped again due to high inflation and stronger than expected consumer spending,' Freddie Mac's chief economist, Sam Khater, said in a statement. 'The 30-year fixed-rate mortgage is nearing four percent, reaching highs we have not seen since May 2019.'"

— Breck Dumas, FOX Business
— Breck Dumas, FOX Business
Posted February 18, 2022 • 08:53 AM
Reporting on the High Stakes of Soaring Inflation:

"In an exclusive interview Wednesday with Yahoo Finance Editor-in-Chief Andy Serwer, legendary investor Charlie Munger weighed in on the high stakes of soaring inflation in the United States.

"Citing examples from the Roman Republic to Adolf Hitler to Latin America, Munger said, 'Inflation is a very serious subject, you could argue it is the way democracies die.'

"He notes that it was after of years of inflation when 'eventually the whole damn Roman Empire collapsed, so [the current situation] is the biggest long-range danger we have, apart from nuclear war.'

"The recent Consumer Price Index (CPI) data from the Bureau of Labor Statistics found U.S. inflation accelerating in January at its highest rate in 40 years, with prices rising across a wide range of goods and services. The 7.5% annual gain in January -- driven by high demand and lingering shortages from supply chain disruptions -- was a jump from the 7.0% year-over-year increase seen in December's number."

Read the entire article here.

— Ben Werschkul, Senior Producer and Writer for Yahoo Finance
— Ben Werschkul, Senior Producer and Writer for Yahoo Finance
Posted February 17, 2022 • 07:23 AM
On the Recall of School Board Members in San Francisco:

"San Francisco residents recalled three members of the city's school board Tuesday for what critics called misplaced priorities and putting progressive politics over the needs of children during the pandemic.

"Voters overwhelmingly approved the recall in a special election, according to tallies by the San Francisco Department of Elections. ...

"Parents in the politically liberal city launched the recall effort in January 2021 out of frustration over the slow reopening of district schools, while the board pursued the renaming of 44 school sites and the elimination of competitive admissions at the elite Lowell High School. ...

"Many Asian parents were already angered by the board's efforts to end merit-based admissions at the elite Lowell High School, where Asian students are the majority."

Read the entire article here.

— Jocelyn Gecker, Associated Press
— Jocelyn Gecker, Associated Press
Posted February 16, 2022 • 07:51 AM
On the Russian-Ukraine Crisis:

"Russia said Tuesday that some units participating in military exercises would begin returning to their bases, adding to glimmers of hope that the Kremlin may not be planning to invade Ukraine imminently, though it gave no details on the pullback.

"The announcement came a day after Russua's foreign minister indicated the country was ready to keep talking about the security grievances that led to the Ukraine crisis -- changing the tenor after weeks of rising tensions. Still, Western officials continued to warn that an invasion could come at any moment and said some forces and military hardware were moving toward the border, muddying the picture.

"It wasn't immediately clear where exactly the troops that the Russian Defense Ministry said were pulling back were deployed or how many were leaving, making it hard to understand the significance. The announcement pushed world markets and the ruble up, but Ukarine's leaders expressed skepticism.

"'Russia constantly makes various statements,' Ukrainian Foreign Minister Dmytro Kuleba said. 'That's why we have the rule: We won't believe when we hear, we'll believe when we see. When we see troops pulling out, we'll believe in de-escalation.'"

— The Associated Press
— The Associated Press
Posted February 15, 2022 • 08:13 AM
On Eyes Turning to Hillary Clinton in the 'Russiagate' Scandal:

"So there you have it.

Russiagate, the collective delusion that Donald Trump was secretly a Russian agent aided and abetted by the Kremlin, the topic of uncountable inches of Washington Post and New York Times copy and the entire primetime lineup of MSNBC, was a dirty trick by the Hillary Clinton campaign. Not just part of it. All of it. One of the most diabolical, successful misinformation campaigns ever concocted. ...

"Now another piece of Russia, Russia, Russia is kaputski. A computer server operated by Trump's company was secretly communicating with a Russian firm, claimed Slate magazine and endless Twitter threads of would-be tech experts.

"But as special counsel John Durham outlines in his latest indictment, that was just a story made up by tech executive Rodney Joffe, who desperately wanted a job with the Clinton administration. He hacked Trump's servers, cherry-picked privileged Internet data he had access to, and molded it to look like something nefarious.

"He was coached by lawyer Michael Sussmann -- who was being paid by the Clinton administration, although he lied about that to investigators. Sussmann goes to the FBI as a 'concerned citizen' -- not a 'Clinton stooge' -- o try to get them to bite. The ultimate goal: Be able to leak to the Times that Trump is under official investigation."

Read the entire article here.

— New York Post Editorial Board
— New York Post Editorial Board
Posted February 14, 2022 • 07:34 AM
On the Democrats' War Against the American Oil and Gas Industry:

"The Biden administration and Democrats have waged war on the American oil and gas industry, all while Russia expands its oil and gas footprint around the world. Off the bat, President Biden canceled the Keystone XL Pipeline, stopped leasing on federal lands, and unleashed regulations that have destroyed at least 10,000 good-paying oil and gas jobs. ...

"Last year, Democrats on the House Committee on Oversight and Government Reform began to complement the Biden administration's agenda during a hearing with four major energy companies represented, ExxonMobil, BP, Chevron and Shell Oil. Those in the majority berated the executives from these companies with accusations of lying regarding their actions on combating climate change.

"Despite these companies being industry leaders when it comes to technology and innovation to reduce carbon emissions, Democrats have attempted to depose these executives to further their agenda. This has been done by issuing countless legal document requests and holding hearings meant for partisan show, rather than gain.

"We need to focus on issues that impact Americans directly, like the rising cost of gas. Oh, it has real impact -- gas prices have risen 40% at the pump. So much for helping the working class, Biden. ...

"The American people are suffering from the costs of inflation, of rising gas prices, and of the threat of Russia's expanding footprint all over Europe as it uses its own natural gas leverage. It is time for Congress to turn its attention to solving these problems, and leave the partisan investigations meant for political theater behind."

Read the entire article here.

— Congressman Pete Sessions (R-TX)
— Congressman Pete Sessions (R-TX)
Posted February 11, 2022 • 07:12 AM
Quiz Question   
What is the current estimate of collective losses to American retirement accounts since January 2022?
More Questions
Notable Quote   
"Mocking climate-change warriors for their private jets and yachts, far-flung vacation homes, and chauffeured SUVs has become routine among jaundiced observers of the world's increasingly numerous environmental conferences. Such mockery hasn't had the slightest effect on the conferees' conspicuous consumption of the miraculous products of Western innovation and capitalism. The celebrities and climate…[more]
—Heather Mac Donald, Thomas W. Smith Fellow at the Manhattan Institute, Contributing Editor of City Journal, and New York Times Bestselling Author
— Heather Mac Donald, Thomas W. Smith Fellow at the Manhattan Institute, Contributing Editor of City Journal, and New York Times Bestselling Author
Liberty Poll   

Are housing prices in your area currently rising, dropping or staying about the same?