Inflation. The Oxford dictionary defines inflation as ‘a general increase in prices and fall in the purchasing value of money.’ According to the Federal Reserve Bank of San Francisco, (1) there are two types of inflation. Demand-pull, which occurs when there is a rapid increase in demand for goods and services that is greater than the economy’s ability to produce said goods and services. Then there is Cost-push. This type of inflation occurs when ‘when prices of production process inputs
"Power tends to corrupt, and absolute power corrupts absolutely." These immortal words were uttered long ago by one of the greatest conservative political philosophers, Lord Acton. (1) Sadly, recent events have proven Lord Acton to be right. Here in America and around the world we are seeing the media and political elite getting away with, or at the very least surviving a great deal longer than if they were not in the public eye. Nowhere is this made more clear
After the failed attempt to create a 9/11 style commission to investigate the events of January 6th, Nancy Pelosi (1) vowed to create a House Select committee for that specific reason. On June 30th, a resolution passed the House of Representatives (2) by a vote of 222 for, and 190 against. Sixteen Republicans abstained from the vote, while another two Republicans voted for the committee, (3) the infamous Liz Cheney and Adam Kinzinger. The rules of the committee allows for
In ancient Greek mythology, one of the most beautiful creatures was Pegasus. (1) A winged horse that was the child of the Gorgon Medusa and the God of the sea, Poseidon, he would one day be tamed by another child of Poseidon named Bellerophon, before being stabled by Zeus. Sadly, his name has once again popped up, but not for the appreciation of a beautiful myth, but rather, it has been perverted and is now the name of a spyware.
Since the overthrow of military dictator Fulgencio Batista, (1) in 1959, Cuba has been ruled by the Castro’s, and they have ruled with an iron fist. First under Fidel, (2) who then ceded the office of President over to his brother Raul in 2008 due to health concerns. He died in 2016. Raul Castro (3) then held onto power for nearly a decade, enacting some reforms in the process, until he began to yield power in 2018 to the current
Critical Race Theory (CRT) continues to be pushed aggressively by far-left activists, media commentators, and politicians. But now it has officially been endorsed by the two largest teacher unions in the country. The National Education Association (NEA) (1) originally endorsed CRT on its website, but it was taken down. The NEA, also in coordination with the Zinn Education Project, has had over five thousand teachers sign a ‘Pledge to Teach (2) the Truth.’ This is an act of defiance against