Senate Republicans will not vote to raise the debt limit at this time because of Democrat plans to spend trillions of dollars, Senate Minority Leader Mitch McConnell (R-Ky.) and other Republican leaders said Wednesday. The House of Representatives voted this week along party lines to pass a bill that includes suspending the debt limit until…
Republicans Won’t Vote to Raise Debt Limit Given Democrats’ Partisan Budget Plans: McConnell
Civilization Requires Deterrence
Commentary Deterrence is the ancient ability to scare somebody off from hurting you, your friends, or your interests—without a major war. Desire peace? Then be prepared for war. Or so the Romans believed. It’s an easily understood concept in the abstract. But deterrence still remains a mystical quality in the concrete since it is only…
An Economic History Lesson
Commentary Following the death of Mao Zedong, former president and founding father of the People’s Republic of China, more than 40 years ago, his successor, Deng Xiaoping, instituted economic reforms that looked less like classic communism and more like capitalism. It didn’t happen all at once, but gradually. The result was that millions of Chinese…
Texas Governor Sends ‘Steel Wall’ of Cars to Block Illegal Immigrants at Border
September 23, 2021
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Border WallFeatured TopicsGreg Abbottillegal immigrantsImmigration & Border SecurityLocal NewsRegional NewsRegional-Local NewsTexasUSUS News
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Texas Gov. Greg Abbott said he directed hundreds of state Department of Public Safety vehicles to create a “steel wall” to block illegal immigrants—mostly Haitians—from crossing into the United States. During an interview with Fox News, the Republican governor said the vehicle wall prevented people from illegally “walking into the state of Texas.” In photos taken…
Old Bananas, New Trick: How to Make Banana Bread Pudding
Banana bread pudding is a delectable new way to use up slightly ripened bananas and day-old bread. As an alternative to your go-to quick bread, this custard-based recipe—with all of the same flavors as its namesake—is an excellent brunch or dessert option for using up aging bananas. Although it’s exceptional on its own, a warm rum…
Fed’s Newest ‘Dot Plot’ Shows Growing Appetite for Rate Hikes as Inflation Bites
While Federal Reserve policymakers voted on Wednesday to keep rates at near zero, they also pulled forward their expectations for rate hikes, suggesting a mix of optimism about the pace of economic recovery and fear that easy money policies would fan the flames of inflation. The Federal Open Market Committee (FOMC) on Wednesday released updated…
US Olympic Committee Requires COVID-19 Vaccinations for Team USA
The United States Olympic & Paralympic Committee (USOPC) announced a new policy on Wednesday requiring American athletes competing at the 2022 Beijing Winter Olympics to be fully vaccinated against the CCP (Chinese Communist Party) virus. According to a statement, all staff members, athletes, and contractors have to be fully vaccinated against the CCP virus by the…
Investors Watch US Companies’ Record Profit Margins as Costs Rise Further
September 23, 2021
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Business & EconomyCompaniescostsEconomieseconomyInvestmentinvestorsMarginsMarket WatchMarketsprofitRECORDriseUS
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NEW YORK—U.S. companies have retained strong profit margins through the pandemic because they have cut costs and passed along high prices to customers. The question is: How long can this go on? With inflation still strong, the ability for companies to keep margins at record levels is being closely watched by some investors and strategists…
Impossible Foods to Launch Meatless Pork in US This Week
September 23, 2021
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Business & EconomyCompaniesHong KongImpossible Foodsinitial public offeringplant-based meatUSUS News
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Impossible Foods will begin rolling out its new meatless pork in the United States this week as it seeks to make a footprint in the growing plant-based protein market, the company announced on Sept.23. The California-based company said Chef David Chang will debut Impossible Pork at his famed Momofuku Ssäm Bar in New York City on Thursday, while the…
Lithuania to Donate More COVID-19 Vaccines to Taiwan
September 23, 2021
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CCP VirusChinaChina Business & EconomyEuropeEurope-China RelationsLithuaniaSpecial TopicsSubverting TaiwanTaiwanVaccinesVaccines & SafetyWorld
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Lithuania announced on Wednesday that it will donate over 230,000 additional doses of the AstraZeneca COVID-19 vaccine to Taiwan, on top of the first 20,000 doses delivered to the self-ruled island since June. A Sept. 22 official statement said the Lithuanian health ministry would allocate 235,900 vaccine doses to Taiwan in the next three weeks, helping…
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