Politics & Government

South African Gov to Take Land from White Owners Without Compensation

South African lawmakers in February voted 241-93 on a proposal to amend the country’s constitution to enable the government to expropriate land without paying for it. The proposed changes to section 25 of the constitution are undergoing review and will be submitted to lawmakers by August 30th.  Land ownership is a sensitive issue in South Africa, as roughly 72% of ...

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McDonald’s Labor Fight Shows Why $15 Minimum Wage Doesn’t Work

Anytime Elizabeth Warren chimes in on an issue I must first start my deep breathing exercises, try not to stare into her fake-Indian eyes, and convince myself that her presence on the political stage is just a dream, or perhaps the proverbial nightmare. In an attempt to make this attack on her non-personal, I just have to say that I ...

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HORIST: Is Trump in trouble?

Those with a visceral hate for Donald Trump go on the attack against anyone who disagrees with them on any point for any reason.  Despite their pompous claims to the contrary, that have little interest in facts, truths and rational objectivity.  Lynch mobs have little interest in laws and justice.  I do. The people who form the #NeverTrump resistance movement ...

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EPA to Roll Back Coal Restrictions with the New Affordable Clean Energy Rule

The latest move by the Trump Administration to roll back the former President Obama’s Clean Power Plan will limit the restrictions on the coal industry. The new Affordable Clean Energy (ACE) Rule gives the states the authority to regulate power plant’s greenhouse gas emissions. With this rule, the Environmental Protection Agency (EPA) is aiming to improve the business of the ...

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Shifting from Quarterly Reporting to Semi-Annual Reporting – Bad Idea?

President Trump has instructed the Securities and Exchange Commission to study the impacts of shifting corporate earnings’ requirements from a quarterly schedule to a semi-annual schedule. There are two theories behind the idea. First, that there is too much attention paid to the quarterly results and that management in turn is too short-term in its focus. The second part is ...

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Xi’s Troubling Systematic Suppression of Christianity in China

Karl Marx, the father of Communism, once said, “Religion is the opium of the people.” For reasons that have been apparent and studied by academics, religion as it relates to theism is not a tenant of communism, or any of its branches. As such, a disturbing metamorphosis is underway in the Peoples Republic of China (PRC), foreshadowing change that depicts ...

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Trade War Impact Spreading and Not Just Geographically

When President Trump announced intentions to place tariffs on goods from Canada, China, Mexico, and the European Union, I knew the effects on the markets would be widespread. I wasn’t sure how long the spat would go on, but I knew that the longer it went on, more markets would be affected and the impact would increase. The effects are ...

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Chinese Internet Stocks Falling With Trade Dispute

The Trump administration went on the offensive regarding trade imbalances back in January. When the idea of placing tariffs on Chinese goods was announced, it caused equity markets around the world to experience a short-term selloff. Since then, there have been ups and downs in the markets as well as in the negotiations. When the trade war started, I immediately ...

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New York Sets Limit on Uber and Lyft Cars in the City

The New York City Council voted on Wednesday to limit the number of ride-sharing services, including Uber and Lyft. After intense campaigning from taxi drivers in the city, council members agreed in a 39-6 vote to pass multiple bills that will halt the business of these ride-sharing apps. “The council voted to halt the issuance of new for-hire vehicle licenses ...

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Lack of Global Diplomacy Rattles Financial Markets

There are a number of diplomatic disputes going on around the globe currently. The U.S. has placed sanctions on Iran and Turkey for different reasons. Canada and Saudi Arabia are at odds over human rights and things have escalated dramatically. England and the European Union are at odds due to Britain’s plans to exit the union. Of course then there ...

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