08.04.2020

President Trump is right. Why is the U.S. still building important parts of the F-35 outside the U.S.?
http://dailytorch.com/2020/08/president-trump-is-right-why-is-the-u-s-still-building-important-parts-of-the-f-35-outside-the-u-s/
The fifth-generation F-35 stealth fighter plane by Lockheed Martin has been in development since the 1990s, one of the most expensive military systems ever at a cost of about $80 million per plane, after all these years is still dependent on global supply chains including certain Chinese-made components and rare earth minerals. In May, President Donald Trump declared, “It’s a great jet, and we make parts for this jet all over the world. We make them in Turkey, we make them here, we’re going to make them there. All because President [Barack] Obama and others — I’m not just blaming him — thought it was a wonderful thing. The problem is if we have a problem with a country, you can’t make the jet. We get parts from all over the place. It’s so crazy. We should make everything in the United States.” He’s right. Why are we outsourcing our national security?
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Americans for Limited Government: https://getliberty.org
Daily Torch: http://dailytorch.com
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08.04.2020

A new movie, narrated by Jon Voight, portrays former Fox News head Roger Ailes in a positive light. That is in contrast to three previous films that made him look like a villain. Former Fox News Channel Producer Frank McCaffrey talks about his relationship with Roger Ailes and why this new movie, “Man in the Arena,” is a must-see.
08.03.2020

Why are American pensions and mutual funds investing $251 billion in Chinese equities and bonds built on child and slave labor?
http://dailytorch.com/2020/08/why-are-american-pensions-and-mutual-funds-investing-251-billion-in-chinese-equities-and-bonds-built-on-child-and-slave-labor/
U.S. mutual funds and pension funds, including private, state and local government pensions, have invested about $251 billion in Chinese equities and bonds including Hong Kong, according to an Americans for Limited Government estimate of U.S. Treasury data. That is out of a total of $381 billion that U.S. residents have invested in China and Hong Kong as of April 2020, according to the U.S. Treasury. Here’s the problem. A good chunk of the investment that includes manufacturing in China that is built on child and slave labor, according to the annual report on child and forced labor by the Department of Labor Bureau of International Labor Affairs, including any investment in companies producing textiles made by child labor, artificial flowers, Christmas decorations, coal, footwear and garments and nails made by forced labor, and bricks, cotton, electronics, fireworks and toys made by child and forced labor. Meaning, because millions of U.S. investors and pensioners own tens of billions of dollars of shares of these companies who are abusing their labor forces, we are effectively slave owners — despite having abolished slavery 155 years ago in 1865 at the end of the Civil War. What do you think?
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Americans for Limited Government: https://getliberty.org
Daily Torch: http://dailytorch.com
Facebook: https://facebook.com/AmericansForLimitedGovernment/
Twitter: https://twitter.com/LimitGovt and https://twitter.com/Daily_Torch
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07.31.2020

Will the virus ever allow the U.S. economy to fully reopen again?
http://dailytorch.com/2020/07/will-the-virus-ever-allow-the-u-s-economy-to-fully-reopen-again/
The U.S. economy contracted a record-setting, inflation-adjusted, annualized 32.9 percent in the second quarter of 2020 as tens of millions of Americans waited out the Chinese coronavirus in their homes, not venturing out much except for work and needed supplies, according to the latest data from the Bureau of Economic Analysis. The second quarter comprises of April, May and June, when 25 million jobs were lost by April and then 8.8 million came back in May and June as states slowly began reopening. It was by far the worst quarter in American history including the Great Depression, and gives you an idea of what a catastrophe the pandemic has been to the U.S. economy. And that’s with the $3.3 trillion of deficit-spending Congress has pumped into the economy since the beginning of the year — and counting as Congress considers phase four legislation — to cover payroll protection for small businesses, expanded unemployment benefits, checks to every household, plus payments to critical industries, larger businesses and state and local governments. When you ignore what the government did via the massive spending — government spending is calculated as a part of GDP — the hit to the private sector and the American people came in at a whopping 39.1 percent. Consider that. Closing the economy for a few months almost cut the private sector in half. How long will it take for the economy to recover, if ever?
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Americans for Limited Government: https://getliberty.org
Daily Torch: http://dailytorch.com
Facebook: https://facebook.com/AmericansForLimitedGovernment/
Twitter: https://twitter.com/LimitGovt and https://twitter.com/Daily_Torch
Parler: https://parler.com/profile/LimitGov
07.29.2020

In the 1990s, then-Senator Joe Biden pushed for a crime bill that was to “lock the S.O.B.s up!” As time went on, he stopped being so tough on crime. Now he is calling police the enemy. Hear from ALG President Rick Manning as he ponder whatever the hell Joe Biden is on!
07.29.2020

Attorney General Barr: Portland insurrection by Antifa on federal courthouse ‘an assault on the Government of the United States’:
dailytorch.com/2020/07/attorney-general-barr-portland-insurrection-by-antifa-on-federal-courthouse-an-assault-on-the-government-of-the-united-states/
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Americans for Limited Government: https://getliberty.org
Daily Torch: http://dailytorch.com
Facebook: https://facebook.com/AmericansForLimitedGovernment/
Twitter: https://twitter.com/LimitGovt and https://twitter.com/Daily_Torch
Parler: https://parler.com/profile/LimitGov
07.28.2020

The 2016 Republican Convention was an epic that fired up a lot of people. This year, COVID-19 fears mean the convention is not going to be so epic. Plus a once-dominant NFL brand becomes a generic name. ALG President Rick Manning offer his two cents.
07.28.2020

Last week, President Donald Trump signed a series of executive orders on prescription drugs. However, ALG President Rick Manning says he does not think the ideas will work out too well. Manning wants a more free market approach.
07.27.2020

Another 930,000 leave unemployment in a week as Trump economy continues rapid recovery—but will the virus get in the way?
http://dailytorch.com/2020/07/another-930000-leave-unemployment-in-a-week-as-trump-economy-continues-rapid-recovery-but-will-the-virus-get-in-the-way/
Another net 930,000 Americans left continued unemployment claims the week of July 11, according to the latest unadjusted data from the U.S. Department of Labor as momentum continues to bring millions of Americans back into the labor force. The states with the biggest returns to the labor force were California, Florida and Pennsylvania, with 217,000, 223,000 and 141,000 leaving unemployment claims the week of July 11, respectively. Michigan and Georgia also contributed to the drop in unemployment, falling 99,000 and 97,000 respectively. Since the week ending May 9, unadjusted continuing unemployment claims have dropped from 22.8 million to 16.4 million the week ending July 11, an overall drop of 6.4 million. In the meantime, the Institute for Health Metrics and Evaluation (IHME) estimates about 117,000 new COVID-19 cases a day at the moment, still down 53 percent from it late March peak of 253,000 new cases a day. IHME puts daily deaths are at about 851 today, down 63 percent from its April 17 peak of 2,301. Will the temporary spike in cases after bottoming in June be enough to slow down the economy again?
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Americans for Limited Government: https://getliberty.org
Daily Torch: http://dailytorch.com
Facebook: https://facebook.com/AmericansForLimitedGovernment/
Twitter: https://twitter.com/LimitGovt and https://twitter.com/Daily_Torch
Parler: https://parler.com/profile/LimitGov
07.24.2020

Governor Greg Abbott of Texas has been accused of re-opening Texas too soon. But a recent spike in COVID-19 in South Texas has other factors that probably lead to it. Hear from a small business owner on what he has seen.