Commentary At the annual Boys’ Club of New York luncheon on April 4, a 16-year-old guest asked hedge fund manager Chase Coleman what stock he should buy. It was an innocuous and softball question. Buy the FAANGs, Coleman said, referring to the acronym of several mega-cap technology stocks including Apple, Alphabet, and Meta Platforms. Wait,…
What Legacy Will Pope Francis Leave Behind?
Commentary With the recent hospitalisation of Pope Francis, speculation has once again turned to how much longer his papacy will last, given he is 86 years of age and in declining health. In fact, 10 years ago last month, Jorge Bergoglio was elected pope. But there is no cause for celebration. The Demos document (Greek…
Businesses Holding Onto False Hope Regarding China
April 10, 2023
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AustraliaAustralia-China tradeBusiness & MarketsChinaChina Business & EconomyChina-Australia RelationsCPTPPeconomic policiesInnes WilloxInternationalInternational RelationsJennifer WestacottOpinionThinking About ChinaViewpointsWorldXi Jinping
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Commentary How naïve. It was reported last week that the Business Council of Australia (BCA) and the Australian Industry Group (Ai Group) were open to China joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The CPTTP is a trade agreement established in 2018 between 11 Pacific nations including Australia. China is the next application…
Los Angeles Replaces One State of Emergency With Another
Commentary On March 31, a full three years after first implemented, Los Angeles’ COVID-19 state of emergency finally expired. Officials had used their emergency powers to regulate virtually every aspect of life in L.A. They closed beaches, parks, and hiking trails. They closed businesses they deemed not to be essential. Churches were closed, but not…
A Ride on Roaring Camp’s Redwood Train in Felton, California
April 9, 2023
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CaliforniaLifestyleNorthern CaliforniaOpinionRedwoodRegional & State NewsState NewstrainsTravel & DiscoveryUSViewpoints
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As the train ascended the tight curves of Bear Mountain in Santa Cruz, California, it began to sing. Harmonic tones rang out among redwood trees as the projecting edge (flange) of the train’s wheels pressed up against the inside of the rails. “This railroad has tighter curves than almost any other railroad in the country,”…
Will It Be Smooth Sailing for Albanese? Maybe Not
Commentary Labor supporters are in a frisson of excitement because they hold all of the mainland states along with the Commonwealth. They think that will make it easier for Prime Minister Anthony Albanese. History suggests otherwise. If politics were a team sport, then that would be like one sporting club winning almost all the premiership…
The Point of No Return
Commentary The Roman historian Suetonius described Julius Caesar as timid and noncommittal as he initially approached the Rubicon River—a shallow and narrow waterway that, at the time, demarcated the boundary between Cisalpine Gaul and Italy proper—in January 49 B.C.E. In fact, the historian ultimately attributed Caesar’s decision to cross the waterway, precipitating a four-year civil…
No One Is Above the Law? Give Me a Break
Commentary Lock Donald Trump up, or don’t lock him up, but don’t tell me that “no one is above the law.” It’s one of the most ludicrous fantasies peddled by the left. Plenty of people are “above the law.” James Clapper, who lied under oath to Congress about spying on the American people, is above…
The Founders and the Constitution, Part 4: John Dickinson
Commentary Like James Madison, the subject of the last essay in this series, John Dickinson was one of those Founders about whom it could be said, “Without him, we probably would not have a Constitution.” However, Madison’s contribution is justly renown, while Dickinson’s has been unfairly overlooked. Testifying to the proposition that Dickinson should get…
Is a New Gold Standard Possible?
Commentary The price of gold is once again testing its all-time highs as both individuals and institutions flee the chaos of our times toward safety. What John Maynard Keynes decried as the “barbarous relic” just keeps coming back. The worse government policies become, and the more deranged and dysfunctional the Federal Reserve is revealed to…
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