In an exclusive interview with
Inside Sources,
Arthur Laffer, who as a member of President Ronald Reagan’s Economic Policy Advisory Board is credited with America’s economic boom in the 1980s, warned of the negative impact of tax hikes, especially on those in lower-income brackets.
“Raising taxes will especially hurt the poor and minorities who need jobs,” said Laffer, adding, “It is more than bad policy; it is cruel.”
He says the principles of Bidenomics will slowly bankrupt the country if followed over the next few decades.
Biden’s oft-repeated campaign pledge not to raise taxes on anyone earning less than $400,000 is meeting the reality of his early presidential agenda. While Republicans criticize the administration’s handling of the southern border and some members of his own party clamor for immediate action on gun control, Biden is keeping his focus squarely on his $4 trillion dollar “infrastructure and jobs” plan, formally unveiling the proposal
“to be helpful in this area,” such as providing
“discreet aid,” on the basis that
“we must try and prevent new Allendes and Castros and try, where possible, to reverse these trends.” A contemporary CIA intelligence memorandum noted that, to Brazilian military top brass, Washington
“obviously” wanted Brasilia to
“do the dirty work” in Chile and elsewhere in Latin America.
By July the next year, Brazil had established back-channel communications with Chilean army officers, covertly flying them into the country to meet with high-ranking authorities and begin plotting the downfall of Allende. An August 1973 Brazilian intelligence report details a summit at an airbase in Santiago, at which high-level Chilean military officials were given extensive briefings on Brazil’s own military coup nine years earlier, in the process learning
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Stephen Bechtel Jr., the third-generation heir of the Bechtel Corp. construction empire who led its global drive for 30 years and provided President Reagan with key Cabinet members, has died at his home in San Francisco.
The company said Bechtel died Monday at 95. No cause of death was given.
The Stanford-educated engineer became a billionaire while leading the San Francisco-based firm’s expansion through “mega-projects” in Saudi Arabia, the U.S. and Canada.
At 35, he took over as president from his father in 1960 and oversaw contracts for the San Onofre Nuclear Generating Station in north San Diego County, the Jubail Industrial City in Saudi Arabia and the James Bay hydroelectric project in Canada. In less than two decades, he doubled the company’s size, according to its website.
Robert W. Erdon – Cumberland
Robert W. Erdon, 83, of Cumberland, R.I., son of the late Loretta and Clifford Erdon, passed away peacefully on March 14, 2021 at The Holiday, Retirement Home in Manville, R.I.
Bob was born in Central Falls, R.I. He was a graduate of Providence College and taught high school mathematics for 29 years at Cumberland High School. Bob was very active in the Roman Catholic community, even as a young boy serving as the head alter boy.
He was part of the Army Reserves for 22 years and he was a lieutenant colonel. His unit found the missiles in Cuba in the 1960s. Bob met Presidents’ Kennedy and Johnson. While on active duty for two years, he served as a photo interpreter.
Finger (Greg Nash/Pool via AP)
Michael Beschloss is a historian so you can take his deeply considered observation about Senator Josh Hawley’s finger to the bank.
Beschloss has written about Presidents Kennedy, Eisenhower, Johnson, and Truman and he’s credited with being a keen observer, so his Hawley observation was one to watch.
In short, the author and favorite presidential historian of the PBS crowd, when Doris Kearns Goodwin isn’t around that is, thinks that Hawley’s pointed finger during the attorney general senate confirmation of Judge Merrick Garland was historically noteworthy.
Beschloss was shocked, nay stunned, that Hawley would dare point a finger at Garland.