Hand-picked and farm-fresh–
⇒Linked articles in bold purple
♦ FBI reports a 10% increase in murders this year over last, 3% increase in overall violent crime. (Daily Mail)
♦ The Supreme Court after Scalia. Jeffrey Toobin, legal analyst for CNN and the New Yorker, states the obvious truth:
For the first time in decades, there is now a realistic chance that the Supreme Court will become an engine of progressive change rather than an obstacle to it. “Liberals in the academy are now devising constitutional theories with an eye on the composition of the Court,” [law professor] Justin Driver said. The hopes for a liberal Court will begin—or, just as certainly, end—with the results on Election Day. –Jeffrey Toobin, The New Yorker
Comment: Well, duh.
♦ BlueCross drops all Obamacare coverage in Tennessee’s three biggest markets: Nashville, Memphis, and Chattanooga. (Times Free Press, Chattanooga) These shoes will continue to drop, alongside premium increases, and will become an election issue.
♦ Stock market is high, but are valuations unprecedented? Nick Kalivas, Senior Equity Product Strategist at Invesco comments:
Stocks may seem expensive at the moment, but valuations seem less troubling when taking into account interest rates. Clearly, low interest rates have tended to buoy valuations. But there are also other forces at work. The sharp drop in energy and commodity prices in 2015 weighed on corporate profits. –Nick Kalivas, Invesco
♦ Chicago Cubs win 100 games for the first time since FDR was in his first term. (CBS Sports) After so many woeful years, the Cubs are a great team, built by Theo Epstein and his staff, managed by a savvy Joe Maddon. You never know how deep into the playoffs a team will go, but this team is not a fluke.
♦ SnapChat, now renamed “Snap,” tries to succeed where Google glasses failed. Their new glasses-camera photographs a wide angle, more like human vision, and can record brief video. The company plans a slow roll 0ut. (WSJ)
♦ Black Lives Matter co-founder, Alicia Garza, promotes the idea of “police-free communities” (Daily Caller) It’s just a guess, but I don’t think this plan will work out well.
Garza argued that the United States gives too much respect to police officers, explaining that when police do wrong, a few bad cops are blamed, rather than a “corroded and corrupt system.”
“Quite frankly, many of our [Black Lives Matter] members are continuing to investigate what it would mean to have police-free communities
Alicia Garza, co-founder of Black Lives Matter
quoted in the Daily Caller
♦ DePaul to student socialists: pay for multiple police or you cannot hold your first meeting of the school year. DePaul again shows why it is one of the worst universities for free speech. (FIRE)
Comment: Well, at least the Thought Police are free at DePaul. FIRE, which reported this maltreatment, is the Foundation for Individual Rights in Education. It is genuinely unbiased, supporting campus free speech from all viewpoints. It represents what’s best about voluntary organizations in America. (Charles Lipson comment)
♦ Chicago teachers vote to authorize a strike. The union will have to decide if they really want to go through with this and pick a date. (Chicago Tribune)
Comment: This could quickly turn into a trainwreck because there is no money to meet the union’s demands. The cupboard is bare at the school system, the city, and the state. Chicago residents know that, so I’d be surprised if there is much public support for the strike. That won’t stop the teachers from going out, but it will stop them from achieving any financial demands.