A massive China-based conglomerate headed by a member of the nation’s ruling Communist Party announced last week the largest ever corporate takeover of an American firm by a Chinese company, sparking concerns among analysts about the regime’s projection of “soft power.” For more than $2.5 billion, the Dalian Wanda Group agreed to purchase U.S.-based AMC Entertainment Holdings — one of the world’s top movie theater chains — to create what will become the biggest cinema operator on earth after the merger.
The dangers that a lack of realism can bring to many educated people are completely overshadowed by the dangers to a whole society created by the unrealistic views of the world promoted in many educational institutions.
The U.S. Conference of Catholic Bishops has a gift for the Girl Scouts of the U.S.A (GSUSA) just in time for the organization’s one hundredth anniversary. The bishops’ Committee on Laity, Marriage, Family Life and Youth has launched an investigation into charges that the GSUSA partners with groups and individuals that promote abortion, contraception, and homosexuality.
“I think the disruption added to the excitement of the evening,” said a fellow attendee at the recent Milton Friedman Prize for Advancing Liberty Award Dinner as we were leaving the International Ballroom at the Washington Hilton.
George Washington once said, “Let us with caution indulge the supposition that morality can be maintained without religion." But what do studies of the behavior of religious and secular people really show? Which group witnesses better for its world view?
ClearSign Combustion in Seattle, Washington, is one of the first small “early-stage” companies to raise public capital under the JOBS Act enacted in early April. The company’s core expertise is in using computer technology to make boilers, furnaces, turbines, and other combustion systems more efficient. It sold three million shares at $4 each, raising $12 million in the process. After expenses and underwriters’ fees, the company expects to net about $9.5 million. But without the JOBS Act it might not even have bothered.
A Catholic parish in Acushnet, Massachusetts, has been targeted by homosexual activists for a sign it posted taking a stand for traditional marriage. The sign, displayed on the outside message board at St. Francis Xavier Church in Acushnet, read, “Two men are friends not spouses” — a simple and direct confirmation that, in the eyes of the Church, only a man and a woman can be married.
Peter Schiff's latest book, The Real Crash: Americans Coming Bankruptcy -— How to Save Yourself and Your Country, is a treasure trove of economic wisdom and policy proposals. Americans ignore the valuable insights of Peter Schiff at their own peril.
There is no doubt where the Southern Baptist Convention (SBC), one of the nation’s largest evangelical denominations, comes down on the issue of same-sex marriage. Throughout the years, its leaders at both the local and national levels have been at the forefront of graciously explaining the scriptural condemnation of homosexual behavior and the importance to the church and the culture at large of defending the traditional institution of marriage between a man and a woman. But recently, as the extreme comments of a pair of Independent Baptist pastors condemning homosexuals have gone viral on the Internet and beyond, the SBC has responded by condemning the hateful rhetoric and reinforcing the need for Christians to respond in biblical love to those caught in sinful lifestyles.
GOP leadership in the House of Representatives announced that legislation to thoroughly audit the secretive Federal Reserve, a wildly popular measure pushed by Rep. Ron Paul (R-Texas) for decades, will come up for a floor vote in July. Honest-money advocates and pro-transparency activists celebrated the news as a historic opportunity to rein in the central bank, which has come under heavy fire — especially in recent years — for debasing the U.S. dollar, manipulating markets, and showering big banks with trillions in bailouts.