Friday, July 7, 2023

Harsh..

 



Of all the economic rifts between the United States and China, one felt personally by American executives is what they describe as the difficult, even hostile, conditions they face doing business in China.

Treasury Secretary Janet L. Yellen laid bare those concerns by leveling a forceful objection in Beijing to punitive measures the Chinese government has taken against foreign firms, as tension between the two nations has escalated.

Surrounded by executives from some of the most powerful American companies, Ms. Yellen criticized the Chinese government’s harsh treatment of companies with foreign ties and its recent decision to impose export controls on certain critical minerals. 

She suggested that such actions justify the Biden administration’s efforts to make U.S. manufacturers less reliant on China. 

 This may be a failed trip right from the start.  Just a thought.

Leqembi...

 


FDA  fully approves 'novel' Alzheimer’s disease drug Leqembi. 
The medicine will be covered by Medicare. The drug works by reducing amyloid plaques that form in the brain, a defining pathophysiological feature of the disease," the statement added. 
The FDA disclosed that patients who take anticoagulant medication, or blood thinners, are at increased risk of hemorrhages with Leqembi. 
Leqembi is also only approved for use by Alzheimer's patients in the mild dementia or cognitive impairment stage of the disease. 

Control..

 

Oct 2r, 2021, Treasury Secretary Janet Yellen told CNN that the U.S. had not lost control of inflation. “On a 12-month basis, the inflation rate will remain high into next year, because of what’s already happened. But I expect improvement by the second half of next year,” she said.

Later on:   Treasury Secretary Janet Yellen conceded that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on in part by trillions of dollars in government stimulus spending.  Just a thought.


Trickle..

 

Change..

 

Democracy..

 

Yellen..

 


Treasury Secretary Janet Yellen will travel to Beijing later this week for meetings with senior Chinese officials, the Treasury Department said Sunday, as the U.S. tries to ease friction between the two countries.

Yellen’s trip, scheduled for Thursday to Sunday, follows a visit last month by Secretary of State Antony Blinken, who met with Chinese President Xi Jinping. President Joe Biden met with Xi in November.

While in Beijing, Secretary Yellen will discuss with [People’s Republic of China] officials the importance for our countries — as the world’s two largest economies — to responsibly manage our relationship, communicate directly about areas of concern, and work together to address global challenges,” Treasury said in a statement.

 The President, Biden,  said Xi as a dictator. So what are we expecting here?

Fascist..

 

Simply..

 

Tuesday, July 4, 2023

Declare..

 
The most direct power Congress has is the power to declare war. The principle behind this is that no one person should put the burden of war on the entire country, and such a choice should instead require the masses’ approval. 

As U.S. Supreme Court Justice Joseph Story wrote in 1838, “[I]t should therefore be difficult in a republic to declare war; but not to make peace.” This is why the Constitution grants Congress the power to declare war and not the president.
There have been multiple wars over the last eight decades without a declaration of war from Congress.
In some cases, Congress gave a different form of authorization, or the president moved forward with military action without congressional approval. 
In response, Congress passed the “War Powers Resolution,” which modernized the declaration of war power and proscribed rules for when the president can use the military to engage in combat. 
The congress gave up their responsibilities to follow up on major issues in the country, like failed impeachments, ... The responsibilities fell in the hands or picked up by some.....       Just a thought.