Wednesday AM ~ thefrontpagecover

TheFrontPageCover
~ Featuring ~ 
 Student Debt — Cost vs. Value
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Robin Smith  
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This Nomination Is The Next Big Battleground 
For The Federal Courts
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by KEVIN DALEY
dailycaller.com } ~ Steven Menashi’s nomination for the 2nd U.S. Circuit Court of Appeals is the latest touchstone in the judicial confirmation wars... Liberal commentators and activist groups are accusing Menashi of advancing extremist positions in the Trump administration and as an academic, while his conservative supporters say Democrats are warping his views. The 2nd Circuit is the federal appeals court that covers Connecticut, New York, and Vermont.“These are the same types of smears the Democrats have thrown at several highly qualified people nominated by the president to serve as federal judges including Amy Coney Barrett, Neomi Rao, Brian Buescher, Ken Lee and, of course, with Supreme Court Justice Brett Kavanaugh — all of whom were confirmed,” said Judicial Crisis Network (JCN) chief counsel Carrie Severino. CNN published  a review of opinion columns Menashi wrote as a college student and young professional Thursday, highlighting pieces critical of campus feminism, gay-rights organizations, and Islamic societies. Writing for an American Enterprise Institute publication in 2000, Menashi accused college administrators of hypocrisy for opposing the military’s “Don’t Ask, Don’t Tell” policy for gay soldiers while supporting separate campus housing for LGBT students. In another column during the same period, Menashi said “Take Back the Night” marches, which promote awareness about sexual misconduct, are wrong to implicate men generally in rape or other forms of assault...
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Iran Prepares To Sanction Top Trump 
Administration Officials Mnuchin, Bolton, 
And Sen. Cruz
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by ADELLE NAZARIAN
dailycaller.com } ~ Iran’s parliament is preparing a bill to sanction top Trump administration officials and their supporters in Congress for what regime officials described as “their long animosity towards Iran.”... According to the Iranian government’s semi-official Fars News Agency, the sanctions will permanently bar U.S. National Security Adviser John Bolton, U.S. Treasury Secretary Steve Mnuchin, and Sen. Ted Cruz (R-TX) and their families from ever entering Iran, prevent them from engaging in talks with Iranian government officials, and precludes them from conducting business with any Iranian entity or officials. “The bill calls for lifetime bans on U.S. National Security Adviser John R. Bolton, U.S. Secretary of Treasury Steven Mnuchin, and American senator Ted Cruz and their family members’ traveling to Iran, in a reaction to Washington’s embargos on Iranian officials, and these figures’ strong hostile measures against Iran in the past few years,” Fars News reported. Sen. Cruz, through a spokesperson, indicated the sanctions against him change nothing in the way he has and will continue to operate with regard to the Islamic Republic. “Senator Cruz already avoids travel to terrorist regimes that take American citizens hostage and want to use nuclear weapons to attack American cities. He urges all Americans to do the same, especially since interacting with Iran’s economy in any way carries significant sanctions risk, including some sanctions that he’s personally helped author and more that he intends to introduce in the near future,” his spokesperson told the Free Beacon. Meanwhile, a U.S. official who works on Iran issues reportedly told the Beacon that the decision to include Mnuchin in the sanctions was ridiculous and indicates Iran’s failure to comprehend basic international diplomacy and America’s political system. Cruz has accused Mnuchin and several top Trump officials at the Treasury Department and State Department of working behind the scenes to preserve the scumbag/liar-nObama-era Iran nuclear deal... 
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Iran Just Told Its 'Security Apparatuses,' 
AKA Terrorists, to Go After an American 
Think Tank in Washington D.C.
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by Katie Pavlich
townhall.com } ~ Just as Iranian Foreign Minister Javad Zarif was attending the G7 Summit as a surprise guest of French President Emmanuel Macron over the weekend... he issued a fatwah against the Foundation for Defense of Democracies, an American think tank based in Washington, D.C. "The Foreign Ministry has announced the sanctions on the FDD and its CEO based on a law titled 'Countering America’s Human Rights Violation and Adventurous and Terrorist Actions' passed by the Iranian Parliament in 2017," MEHR News Agency reported over the weekend. "Accordingly, taking any actions by the judicial and security apparatuses against the FDD and their Iranian and non-Iranian accomplices will be considered legitimate as their actions are against the Iran’s national security and the interests of Iranian people and government." Iran is calling their action against FDD "sanctions," but as the think tank notes, the instruction to "security apparatuses" is a direct safety threat against its CEO, members and employees. “FDD conducts independent research and analysis on national security issues. The Islamic Republic prohibits such freedoms at home, and would like to do so abroad as well. The Islamic Republic, which has occupied the great nation of Iran for four decades, continues to brutally repress the peoples of Iran, stealing their wealth and creating destruction and chaos in the Middle East," CEO Mark Dubowitz said in a released statement. "FDD considers its inclusion on any list put out by the regime as a badge of honor and looks forward to the day when Americans and others can visit a free and democratic Iran.”...
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Left Stoops to Cherry Picking Bible, 
Constitution to Justify Socialism
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by Cameron Cawthorne
freebeacon.com } ~ A speaker at the Democratic National Committee summer meeting Friday said if free health care is labeled "socialism" by Republicans... then they should "acknowledge that the Bible must then promote socialism." "When we embrace moral language, we must ask does our policy care for the least of these? Does it lift up those who are most marginalized and dejected in our society? Does it establish justice? That is the moral question," said Rev. William Barber, who has spoken at several DNC meetings. "If someone calls it socialism, then we must compel them to acknowledge that the Bible must then promote socialism, because Jesus offered free health care to everyone, and he never charged a leper a co-pay." DNC chair Tom Perez and others in audience gave a standing ovation before Barber took a shot at Republicans, saying, "If you want to have a moral debate, bring it on, baby." "The Bible says a nation will be judged by how it treats the poor and the sick and women and the immigrants," Barber said. "The Bible says that God makes it rain on the just and unjust alike. If you want to call caring for folks socialism, then the Constitution is a socialist document because it calls us to promote the general welfare and to establish justice." Health care has been a major issue during the Democratic presidential primary. Several major candidates have endorsed a single-payer vision of "Medicare for all" that eliminates private health insurance, while others, like former Vice President loose lips liar-Joe Biden, have called for bolstering scumbag/liar-nObamacare and providing a "public option." Sen. lowlife-Kamala Harris (D., Calif.), one of the top five Democratic candidates in the primary, backtracked on Sen. commie-Bernie Sanders's (I., Vt.) single-payer plan, saying, "I have not been comfortable with commie-Bernie's plan" after she previously endorsed and cosponsored it, the Washington Free Beacon reported.  commie-Sanders, a self-proclaimed democratic socialist, has received scrutiny for his policy proposals. loose lips liar-Biden  attacked commie-Sanders in June, saying socialism is not necessary and even counterproductive. "It doesn't require socialism, and it doesn’t require some fundamental shift. It requires sort of reordering capitalism to make capitalism work and save it," loose lips liar-Biden said...  https://freebeacon.com/politics/dnc-speaker-socialism-endorsed-by-constitution-bible/  
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Japan Surpasses China as Top 
Foreign Holder of U.S. Debt
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By Terence P. Jeffrey 
cnsnews.com } ~ Entities in Japan have surpassed entities in Mainland China as the top foreign holders of U.S. Treasury securities... according to the latest estimate published this month by the Treasury. In May of this year, the Chinese owned $1,110,200,000,000 in U.S Treasury securities and the Japanese owned $1,101,000,000,000. In June, however, Chinese ownership of U.S. Treasury securities rose only to $1,112,500,000,000 and Japanese ownership climbed to $1,122,900,000,000. That marked the first time since May 2017 that entities in Japan have owned more U.S. Treasury securities, as estimated by the U.S. Treasury, than entities in China. In May 2017, the Japanese owned $1,111,500,000,000 in U.S. Treasury securities and the Chinese owned $1,102,200,000,000. In June 2017, Chinese ownership of U.S. Treasury securities increased to $1,146,500,000,000 and Japanese ownership declined to $1,090,300,000.000. Chinese ownership of U.S. Treasury securities, according to the estimates, peaked in November 2013 at $1,316,700,000,000. The $1,112,500,000,000 level it hit in June was $204,200,000,000 below that peak. The Federal Reserve owns more U.S. Treasury securities than either Japan or China. As of June 27, according to the Federal Reserve's balance statement, the Federal Reserve owned $2,110,256,000,000 in Treasury securities. U.S. Treasury securities held by entities in Hong Kong are counted separately from those in Mainland China. According to the Treasury’s estimate, entities in Hong Kong owned $215,600,000,000 in U.S. Treasury securities in June...  https://www.cnsnews.com/news/article/terence-p-jeffrey/japan-surpasses-china-top-foreign-holder-us-debt   
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Student Debt — Cost vs. Value
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Robin Smith:  What a mess! We’ve got Democrat candidates for president promising some government-funded program (remember, government has NO money other than the money it takes from its working citizens) will pay for all the college debt owed to colleges and universities while tuition prices rise and the practice of activism replaces academics in too many of the campuses conferring degrees to the newly entitled, pretentious crowd they’ve crafted.

Once upon a time, the value assigned to higher education — specifically at four-year colleges and universities — was on an ascending trajectory. Not so any longer. Between the rising costs of obtaining degrees, many of which come with very dim prospects for employment, and the proven indoctrination that is epidemic on the campuses of many institutions of higher learner, the reputation and worth of a college degree has taken a hit of late. So says the Pew Research Center’s latest survey.

Released last week, the report showed that only half of those surveyed viewed colleges and universities as having a positive impact on our country, down 10 points from seven years ago. Meanwhile, almost 40% deemed higher education as having a negative impact, an increase of 12 percentage points over that same window of time.

In both the Pew and a separate Gallup study, costs and indoctrination are cited as the driving factors devaluing institutions, yet, the value of a functional degree remains high. A full 91% surveyed in a 2018 Pew publication identified that a college degree is important or essential in the success of the younger generation. But America has at least one generation of college-educated individuals, carrying degrees like gender or interdisciplinary studies with little pay or functional value or they’ve been instructed that being malcontented Millennials is acceptable and, oh, by the way, we’re going to pay off your school debt.

The forgiveness of school debt is one of the key drivers of the Democrats’ platform. A great deal of focus is on their primary corral of candidates and, while “free stuff” is grossly irresponsible, it’s also appealing to their demographics.

The magnitude of that promise is astonishing. According to Credit.com, as of June 2019, there’s $1.52 trillion in unpaid student debt. Loans have been taken under the premise that these men and women would exit the college classroom prepared for employment, create wealth, and repay the institutions of lending for services provided.

Elizabeth dinky-Warren wants elimination of this debt through some redistribution scheme of taking from those who have money to pay for the debt of others who have less. Essentially, she’s saying let’s just print some more money and borrow another trillion or so from China — or whatever her conjured up logic is to deal with the debt held by 45 million student borrowers.

Please remember that the famed minority-wanna-be-dinky-Warren enjoyed favored status as a “Native American” while on faculty of Harvard, which charges between $47,000 to almost $68,000 annually for tuition, and is the driving force behind easing the access to loaned money and now wants all who hold the debt to walk away from their responsibilities. Both she and commie-Bernie Sanders are unashamedly luring our next generation into the lie of socialism and government dependency.

As government subsidies increase for the purpose of defraying the burden on students and parents attempting to pay for college, it makes a market distortion. Prices charged by colleges and universities are not forced to reflect consumer ability to pay or demand for a range pricing. With subsidies, institutions of higher learning can also be institutions with ever-increasing costs that reflect a subsidized market.

The 2018-2019 average tuition for college is $21,370. That’s an 145% in tuition costs compared to 1971 prices while wages have increased only 28% over that same window of time. Bottom line, the easier it’s been to borrow money and obtain educational funding subsidies, the higher costs have risen on campus.

Just like it sounded good to give easy access to loans for mortgages in the mid-2000s but the ability for individuals to repay that debt was removed, and now in the student-loan arrangement, creating a crisis, not from any free market force but because of a manufactured scenario that was logically unmanageable.

As dinky-Warren predicts a crisis of student debt, she helped create it — just as the mortgage market failures were created by a government interference that, while rooted in good intentions, constructed a situation that had a predictably poor outcome.

We’re learning that education has a value, but its costs are inflated by government interference. Wise up.  ~The Patriot Post

https://patriotpost.us/articles/65050?mailing_id=4492&utm_medium=email&utm_source=pp.email.4492&utm_campaign=snapshot&utm_content=body  

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