By Matt Vespa
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The market was obviously perturbed by interest rates and now is disgusted by the lack of a Speaker. I have maintained for years, if you want to try and understand Wall Street you need to stop in D.C first because the clowns in Washington have so much control over choking our economy.
As in Ecclesiastical, "This too shall pass" but it did not need to happen except for the fact Republicans, unlike the idiots on the opposite aisle, cannot and /or refuse to speak in unison.
They are individuals and would rather be heard than succeed.
There are times when an individual voice can be eloquent and, thus, effective but when an army does not march in lockstep their ranks look awful.
You would think they would care enough to earn this simple truth . All they need do is observe their radical brethren in the other aisle but they are too stiff necked and pig headed. So they throw the political baby out with the bath water time and again.
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Our son is visiting with his family and we were discussing the sorry state of affairs regarding "cowering capitalists." I brought up the fact that were I running a company, and I know this sounds racist, I would be reluctant to hire a segment of our population because, over time, they create problems due to feelings of entitlement..
He responded by saying, he read somewhere American companies' recent hiring's among the white community reached only 8%. We know the mass media no longer uses "whitey" in their ads and when they do they are portrayed as weak and stupid. There has been a complete flip.
Most ads are banal anyway and when I was growing up many ads and books were highly racial and portrayed blacks in an enormously offensive and negative manner. It was disgraceful to do so then just as much as it is disgraceful now. Corporate America has always been "trendy" and believes they are now on the right side of the racial divide. I beg to differ.
MLK and Tom Sowell offer the correct antidote. Character and competence should be the driving force among an enlightened society not intimidation and pusillanimity.
"When all else fails lower your standards" seems to have penetrated and infected America's Corporate World and, in the long run, will have done a disservice to the nation.
If this is racist, so be it.
And:
The NYT's is one of the worst racial and ethnic offenders because they no longer care to print the truth.
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In June 2021, Nathan Thrall published a lengthy essay “A Day in the Life of Abed Salama” in The New York Review of Books.
Thrall has now turned his essay into a full-length book, a review of which appears in the New York Times.
Thrall’s book takes a fatal Palestinian school bus accident in February 2012 as the thread to critique Israel. Both Thrall and reviewer Rozina Ali, however, turn fact into fiction by using the accident as a means to bash Israel and portray Israelis as indifferent to the tragic event.
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