Archive for 2024

THE LEFT’S NEW MANTRA: Submit to leftism or you’re an authoritarian.

They call Javier Millei a fascist as he slashes government and restores freedom and prosperity. If that be fascism, make more of it.

REMEMBER WHEN BIDENFLATION WAS A TRANSITORY PROBLEM? Fed Governor Bowman says she’s still open to raising rates if inflation doesn’t improve.

Recent readings have shown moderating inflation, with the Fed’s preferred indicator running just under 3%. However, the rate-setting Federal Open Market Committee noted after its last meeting that there has been only “modest further progress.”

Bowman noted that there are “a number of upside risks” prevailing that could accelerate her outlook, which is among the most hawkish of all policymakers.

“I remain willing to raise the target range for the federal funds rate at a future meeting should progress on inflation stall or even reverse,” she said. “Given the risks and uncertainties regarding my economic outlook, I will remain cautious in my approach to considering future changes in the stance of policy.”

The Commerce Department on Friday will release its reading on the May personal consumption expenditures price index, the Fed’s preferred inflation gauge. Economists surveyed by Dow Jones expect a 12-month inflation rate of 2.6% on both the all-items and core, which excludes food and energy prices.

Does anyone outside Washington still trust Washington’s numbers?

TOM KNIGHTON: Politically Selective Prosecution.

The way things are supposed to work in our country, people shouldn’t be punished selectively. Their politics should be largely irrelevant to their prosecution nor should who they are or what they stand for prevent it if prosecution is warranted.

That’s the ideal situation, at least.

In reality, prosecutors use all kinds of criteria to determine who gets prosecuted and who doesn’t. Sometimes, that’s informed by the DA’s politics. A conservative “tough on crime” type might prosecute someone that a more liberal DA would let walk, for example.

But again, as long as the defendant’s politics don’t play into things, I don’t have an issue with that. District attorneys are voted on, after all, and people deserve what they vote for.

In Manhattan, however, DA Alvin Bragg isn’t trying to be subtle. He’s blatantly allowing his politics to expressly determine who gets prosecuted and who doesn’t.

For example, we all know about Trump’s prosecution for a crime that makes absolutely no sense. Bragg distorted the law and likely only got a conviction because of an equally biased judge. The idea that an internal accounting error, at worst, is fraud was stupid beyond belief.

Then there’s the flip side, where now people feel betrayed by Bragg over who he didn’t prosecute. . . .

Let’s remember that the mob at Columbia wasn’t just antisemitic. Being antisemitic is constitutionally protected, after all.

Oh no, they were violent. They assaulted individuals, held people in buildings against their will, and took over entire buildings. They destroyed university property as well.

These are real crimes that don’t require the mental contortionism Bragg engaged in when going after Trump, and yet he opted not to prosecute them. Why?

The obvious answer is that they held the right politics.

When the law isn’t evenhanded, people will take the law into their own hands.

OH MY OMAR: A formal complaint has been filed with the House Ethics Committee against Rep. Ilhan Omar (D-Minn.) by the National Legal and Policy Center’s Paul Kamenar alleging she failed to report income generated by her husband’s wine and marijuana businesses, the Washington Free Beacon’s Meghan Blonder reports.

“EXPERTS.” Elon Musk and other DEI critics are latching on to ‘MEI,’ a new hiring catchphrase that experts say misses the point.

Meet “MEI,” short for “merit, excellence, and intelligence,” and coined by Alexandr Wang, cofounder and CEO of Scale AI, a startup valued at $4 billion that provides companies with labeled data used to train artificial intelligence models. “MEI,” according to a blog post authored by Wang, represents a “hiring principle” that ensures one “[hires] only the best person for the job.”

You can see why “experts” would be uncomfortable with that.