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Tariffs threaten capitalismAnswer your questions about President Trump’s vast new tariffs | April 7thAs a social science major at Marietta College, I recall reading the work of economist Joseph Schumpeter. His point was clear – capitalism succeeds when raising the standard of living not only for the elite but also for the masses.For decades, American consumers have enjoyed the benefits of globalization. Globalization has reduced costs through specialization and access to more affordable labor. Once a T-shirt that requires time to spare, costs a few dollars, and smartphones were once considered luxury, but now they are an essential tool in…
The trio said in a statement posted by Dan Caldwell they still don’t understand why they were on vacation.The trio of former Pentagon employees spoke on April 19 after taking leave this week in connection with an ongoing investigation into leaks within the Department of Defense.This week, Department of Defense officials confirmed that Dan Caldwell, Colin Carroll and Darrin Sernick were all taking administrative leave during an ongoing leak investigation.Joining social media platform X on Saturday, Caldwell posted what he described as a joint statement between himself, Carol and Sernick, who are working on a recent shakeup.”We are extremely disappointed…
The exemptions for leading housing suppliers in Canada and Mexico are welcomed by industry experts from global tariffs.Mortgage loan applications for new home purchases increased by 5.5% compared to a year ago, according to new data released by the Mortgage Bankers Association (MBA) on April 18th.”We’re committed to providing a great opportunity to help you,” said Joel Kang, vice president and vice-chief economist at MBA. “The growing inventory of newly constructed move-in-enabled homes has supported a month’s interest in home buyers, increasing the index over the last year’s level. Seasonally adjusted estimates of new home sales saw a slight decline…
The US military began to become involved in Syria in the early 2010s amid the country’s civil war and the rise of ISIS.The Pentagon is preparing to reduce the footprint of Syria’s US military in the coming weeks, citing recent success against ISIS terrorist groups.Pentagon spokesman Sean Parnell announced on April 18 what the Department of Defense characterizes as a planned integration of Syria’s US military. Parnell said Defense Secretary Pete Hegses ordered the squad cut plan.The US military began to become involved in Syria in the early 2010s amid the country’s civil war and the rise of ISIS. An…
The third unnamed Marine remains in critical condition at the University Medical Hospital in El Paso, Texas.The 1st Marine Division announced the identities of the two Marines who died after a vehicle crashed along the tropical border on April 15th.Lance Albert Aguilera, 22, from Riverside, California, and Premier Lance Marcelino Gamanino, from Fresno, California, joined the fleet movement near Santa Teresa, New Mexico.The military’s deportation flights departed from the base, and Aguilera and Gamanino were there to support joint forces at the Southern border as part of the 1st Battle Engineer Battalion after President Donald Trump took control of the…
Critics say the library space honoring Chinese leaders highlights Beijing’s influence operations at Seoul National University.SEOUL – South Korean lawmakers have joined the student’s phone call to close the XI Jinping Collection Room at Seoul National University (SNU).People Power Party member Na Kyung -Won joined the Truth Forum student group at a gathering on April 15th at the SNU campus. They presented petitions containing more than 2,000 signatures from students and community members.Speaking at the event, NA warned about the “sharp power” of the CCP. This is a strategy the regime uses to influence other countries through cultural and academic…
Healthcare and tech stocks were the biggest losers, while financial stocks earned profits.News AnalysisVolatility continued on Wall Street this week, with stocks losing money despite a drop in Treasury yields. Dow Jones Industrial and the high-tech Nasdaq led mixed revenues and economic reporting losses.The S&P 500 index closed at 5,282 on April 17th, down 0.28% for the week. The Dow Jones industrial average fell 1.14% at 39,142. Nasdaq fell 0.62%, finishing the week at 16,286.Among the profits were financial stocks, led higher by better revenue than expected from Bank of America and American Express.Bank of America reported better revenue and…
Erin West watched as a Chinese jet touched down at the airport in tropical Mae Sot, Thailand.It was the first of 20 such flights, taking thousands of Chinese nationals away from a life of forced labor in the vast prison-like scam center compounds across the border in Burma (also known as Myanmar).Those compounds, and others like them in Cambodia and Laos, are the center of a global cybercrime web that now snares trillions of dollars each year. Its first victims, however, are hundreds of thousands of trafficked scam center workers—an estimated 120,000 in Burma alone, according to a 2023 United…
It was found that at least 62 Taiwanese service members hold the permit, but that is not illegal and is regulated for military members.Dozens of active members of the Taiwanese military are known to have residence permits in China, revoking access to military information.It has been found that at least 62 Taiwanese service members hold the permit, which is not illegal, but is prohibited for members of military and government workers, Taiwan’s Ministry of Defense said on April 17.Communist China does not grant Taiwanese passports, and the Chinese immigration law requires that applicants live and work in China before they…
TALHASSEE, Fla. (WFLA) — It was an emotional day as students returned to campus and walked to the Student Union and relived the tragedy from Thursday’s mass shootings in which six people were injured and two others were killed. Students shared mixed feelings about the graduation ceremony and final round the corner on Monday, April 12th. “I woke up and started the day around 11:30am. Around 12pm was my first alert hit and I didn’t think it was real,” said Andres Kubilos, a graduate student at FSU. The confusion and disappointment filled the streets of Florida State University as students…