Chain stores reported generally lower year-on-year rates of sales growth for April, mainly due to the early Easter this year.
Price weakness in the oil sector led the big jump in Challenger’s April layoffs report, which jumped to 61,582. A third of those layoff came from the oil sector.Today’s number is a huge increase from March’s 36,594.
Gallup’s US Payroll to Population unemployment index fell from 44.1 to 43.9 in April.
Initial weekly jobless claims rose 3,000 to 265,000. The 4-week average fell 4,250 to 279,500. Continuing claims fell 28,000 to 2.228 million. Jobless claims are currently at a 15-year low.
The Bloomberg Consumer Comfort Index fell -1 point to 43.7 in the latest week.
The Fed’s balance sheet rose $1.2 billion last week, with total assets of $4.473 trillion. Reserve bank credit fell $-11.3 billion.
The Fed reports that M2 money supply fell by $-27.4 billion in the latest week.
At the risk of beating a dead horse, I’m going to talk about how the left continues to attack free speech by trying to argue that somehow what they consider “hate speech” isn’t a part of it. We watched CNN’s Chris Cuomo embarrass himself (well he probably wasn’t embarrassed, but he should have been) when he admonished the right to read the Constitution because it clearly didn’t support such speech. And I pointed out yesterday the totalitarian origins of “hate-speech” exemptions from free speech rights.
That said, I’m fascinated by the attacks on this event in Texas and its sponsor, Pamela Geller. Agree or disagree with her agenda, in terms of free speech she had every single right in the world to put that on and not expect to be attacked. The presumption that she would be attacked is just that, a presumption. It isn’t valid in any terms but apparently the left feels that their presumption that an attack would happen is all that is necessary to condemn Geller’s event as a hate-fest and hate-speech. You have to wonder what they’d have said if no violence had erupted?
The usual suspects, however, attacked her. In the particular case I’ll cite, it was the NY Times. Watch how they set up their editorial “But!”:
There is no question that images ridiculing religion, however offensive they may be to believers, qualify as protected free speech in the United States and most Western democracies. There is also no question that however offensive the images, they do not justify murder, and that it is incumbent on leaders of all religious faiths to make this clear to their followers.
End of editorial. That’s the crux of the free speech argument. There are no “buts” after that. However, there is for the NYT:
But it is equally clear that the Muhammad Art Exhibit and Contest in Garland, Tex., was not really about free speech. It was an exercise in bigotry and hatred posing as a blow for freedom.
Pure editorial opinion masquerading as some sort of “fact”. What is the NYT doing here? Arbitrarily deciding what is or isn’t hate. And how dangerous is that? See the USSR and all previous and existing totalitarian regimes. They do that every day.
Anyway, in 1999, the NYT wasn’t in such a rush to equate an extraordinarily similar event as “an exercise in bigotry and hatred”. You may remember it:
The Times in 1999 endorsed the showing at a public museum in New York of a supposed art work consisting of a crucifix in a vial of urine, arguing, “A museum is obliged to challenge the public as well as to placate it, or else the museum becomes a chamber of attractive ghosts, an institution completely disconnected from art in our time.”
And what happened at that time?
Well, apparently the “image ridiculing” this religion was tolerated to the point that no violence occurred, meaning one can assume that leaders of that religion must have made it clear that it didn’t “justify murder” and none occurred. That’s as it should have been.
So why, then, if the Times believed in free speech in 1999 when an obviously a large segment of the population viewed the crucifix in urine as offensive, provocative and sacrilegious, does it not believe the same thing in 2015 when the same conditions exist?
Because of the “but”, of course. A “but” that didn’t exist when it was a religion being ridiculed that was not in favor with the left.
Some of those who draw cartoons of the Prophet Muhammad may earnestly believe that they are striking a blow for freedom of expression, though it is hard to see how that goal is advanced by inflicting deliberate anguish on millions of devout Muslims who have nothing to do with terrorism. As for the Garland event, to pretend that it was motivated by anything other than hate is simply hogwash.
The Times has yet to answer how “inflicting anguish” on millions of Christians who have done nothing to the artist is somehow “striking a blow for freedom of expression” or how that display wasn’t motivated by “hate” (hint: because their definition of “hate” is arbitrary). It sure had no problem putting it’s editorial heft in support of that “hate” then. And there’s no argument by anyone who can reason – it was as “hateful” as anything at the Garland event. And pretending otherwise is, to borrow the NYT term, “hogwash”.
The MBA reports that mortgage applications fell -4.6% last week, with purchases up 1.0% but refis down -8.0%.
ADP is signaling that Friday’s Employment Situation will be weak, showing just 169,000 new private sector jobs in April.
2015’s weak 1st Quarter economy pulled productivity down by -1.9%, while unit labor costs surged 5.0%. On a year-over-year basis, productivity is up only 0.6%, though labor costs are also restrained at 1.1%.
Gallup’s U.S. Job Creation Index rose 2 points in April to 31.
But the LA Times thinks there is as it states in its piece about the Garland, TX attack by Islamists:
The Garland attack refocused public attention on the fine line between free speech and hate speech in the ideological struggle between radical Islam and the West.
Hate to break it to them but what they categorize as “hate speech” is a subset of “free speech”.
Of course the term is now in popular use all across the world, but it has very interesting and nasty origin as the Hoover Institution discusses here.
The origin of the term comes from the Soviet Union and its satellites in arguments about the 1948 UN’s Universal Declaration of Human Rights (udhr). The arguments during its drafting and particularly the area concerning freedom of speech showed the world the totalitarian concept of “free speech” as articulated by the USSR and its satellites.
The drafting history of the protection of the freedom of expression in the udhr does not leave any doubt that the dominant force behind the attempt to adopt an obligation to restrict this right under human rights law was the Soviet Union. On the other hand, led by the U.S. and uk, the vast majority of Western democracies, albeit with differences in emphasis, sought to guarantee a wide protection of freedom of expression and in particular to avoid any explicit obligation upon states to restrict this right.
In particular the USSR sought language that addressed “hate”:
The first draft was limited to the prohibition of “any advocacy of national, racial, or religious hostility that constitutes an incitement to violence.” However, a number of countries led by the Soviet Union were adamant that incitement to violence was insufficient, and sought a broader prohibition against “incitement to hatred.” Poland expressed dissatisfaction with a provision only prohibiting incitement to violence, since it did not tackle “the root of the evil,” and worried that freedom of expression could be abused and “contribute decisively to the elimination of all freedoms and rights.” The Yugoslav representative thought it important to “suppress manifestations of hatred which, even without leading to violence, constituted a degradation of human dignity and a violation of human rights.”
Of course we all know how loosely such a term as “hate” can be interpreted and how arbitrarily it can be applied, especially by a state bent on oppression of the opposition. And, of course, that was the point. The totalitarian regimes were looking for the blessing of the UDHR to sanction their planned oppression.
Eleanor Roosevelt found the language “extremely dangerous” and warned against provisions “likely to be exploited by totalitarian States for the purpose of rendering the other articles null and void.” She also feared that the provision “would encourage governments to punish all criticism under the guise of protecting against religious or national hostility.” Roosevelt’s concern was shared by, among others, the five Nordic countries. Sweden argued that “the effective prophylaxis lay in free discussion, information, and education,” and that “fanatical persecution” should be countered with “free discussion, information and debate”. Australia warned that “people could not be legislated into morality.” Furthermore, it noted that “the remedy might be worse than the evil it sought to remove.” The uk representative stated that “the power of democracy to combat propaganda lay . . . in the ability of its citizens to arrive at reasoned decisions in the face of conflicting appeals.” When challenged by the Soviet Union, the uk representative pointed out that during World War II, Hitler’s Mein Kampf had not been banned and was readily available in the uk, and that its government “would maintain and fight for its conception of liberty as resolutely as it had fought against Hitler.”
Of course, at the time this was being discussed, the West was adamantly against the restrictions that the Soviets were seeking, i.e. including “hate speech” as a legitimate reason to limit speech. They clearly understood the implications of such restrictions and how they could and most likely would be used.
Fast forward to today:
All western european countries have hate-speech laws. In 2008, the eu adopted a framework decision on “Combating Racism and Xenophobia” that obliged all member states to criminalize certain forms of hate speech. On the other side of the Atlantic, the Supreme Court of the United States has gradually increased and consolidated the protection of hate speech under the First Amendment. The European concept of freedom of expression thus prohibits certain content and viewpoints, whereas, with certain exceptions, the American concept is generally concerned solely with direct incitement likely to result in overt acts of lawlessness.
So, in essence, Europe has capitulated to Soviet demands a few decades after the communist nation ceased to exist. It apparently buys into the notion that that state has the right to limit speech if hateful and reserves to itself the right to define what is or isn’t hate. Eleanor Roosevelt, of course, was right – such laws are “likely to be exploited by totalitarian States for the purposes of rendering” free speech “null and void”. That’s precisely what totalitarian regimes always do, with or without the blessing of a UDHR. They are going to control speech and they’re going to suppress as “hateful” anything they don’t agree with.
Interestingly it was a representative from Columbia who said it best:
Punishing ideas, whatever they may be, is to aid and abet tyranny, and leads to the abuse of power . . . As far as we are concerned and as far as democracy is concerned, ideas should be fought with ideas and reasons; theories must be refuted by arguments and not by the scaffold, prison, exile, confiscation, or fines.
Kirsten Powers points out that we’re slowly drifting toward tyranny when she talks about how it once was on the college campus and how it is now. Contrary ideas are now characterized as “violence” and intolerance to those ideas is rampant for some. Interestingly, for the most part, those who would ban speech they disagree with mostly find themselves on the left side of the political spectrum, which, at least, is historically consistent. They’re heirs to the Soviet Union’s attempts to oppress free speech.
They must be very proud.
March’s trade deficit was much higher than expected at $-51.4 billion. This may push 1st Quarter GDP into negative territory on revision.
Gallup’s U.S. economic confidence index for April fell from -2 in March to -9.
Redbook reports that last week’s retail sales weakened again, falling to 1.4% on a year-ago basis, from the previous week’s 1.6%.
The PMI Services Index fell -1.8 points to a still-strong 57.4 in April. Both costs and finished prices rose, some of the first inflation signals of any report.
The ISM non-manufacturing index strengthened from 56.5 to 57.8 in April. Unlike the PMI, however, there are no signs of price pressure.
It is interesting to me to examine events and the reaction too them in certain contexts, such as left and right. Below is a listing I found on Facebook (h/t Christopher Buckley) which succinctly states the left’s reaction to each of the events listed:
Rioters in Baltimore: EXPRESSION OF SPEECH
Stomping on US flag: EXPRESSION OF SPEECH
Crucifix in a jar of urine: EXPRESSION OF SPEECH
Cartoon art display: UNPROTECTED INCENDIARY HATE
In fact, rioting is now being redefined (or at least the attempt is being made) from a criminal enterprise to a “free speech” event if a protected minority is involved. If it’s a bunch of straight white guys, they’re going to jail.
Stomping the flag and a crucifix in a jar of urine have always been defended by the left as free speech. Burn the flag – free speech. Neo-Nazi’s marching in a Jewish neighborhood – free speech. The list goes on.
However, it appears that there is a line somewhere on the left where that changes. Outrageous acts focused on offending certain groups are always free speech. Outrageous acts, of exactly the same nature but against protected groups, yeah, screw free speech, it’s hate speech. And, of course, the protected group is the “victim”. On the other side, however, the deeply offended group is told to get over it, free speech is inviolate … well, except … yeah. I’m not sure how the left keeps it straight in their tiny little heads and don’t keel over from an overdose of hypocrisy.
But then, they seem to have developed some sort of tolerance for hypocrisy over the ages – no pun intended.
Boosted by aircraft and motor vehicles, factory orders rose an as-expected 2.1% in March, ending 7 straight months of decline.
Gallup’s US Consumer Spending Measure shows Americans’ daily self-reports of spending averaged $91 in April, up from $86 in March.
From Reason, a Nick Gillespie quote that perfectly sums up the precious snowflake/SJW phenomenon in colleges:
But really, what the f*ck is wrong with kids these days and, more important, the supposed adults who look after them? They act as if they are raising human veal that cannot even stand on their own legs or face the sunlight without having their eyeballs burned out and their hearts broken by a single deep breath or uncomfortable moment. I’m just waiting for stories of college deans carrying students from class to class on their backs.
“Human veal”. A perfect metaphor. Calling PETA … lol.
A well known and respected scientist resigns from the American Physical Society? Why?
It is of course, the global warming scam, with the (literally) trillions of dollars driving it, that has corrupted so many scientists, and has carried APS before it like a rogue wave. It is the greatest and most successful pseudoscientific fraud I have seen in my long life as a physicist. Anyone who has the faintest doubt that this is so should force himself to read the ClimateGate documents, which lay it bare. (Montford’s book organizes the facts very well.) I don’t believe that any real physicist, nay scientist, can read that stuff without revulsion. I would almost make that revulsion a definition of the word scientist.
Read the whole thing. His point, of course, is that any scientist with a shred of integrity who has examined the “evidence” presented should be doing precisely what he is doing – shaming those perpetrating the fraud and refusing to be associated with them.
Billy Bob in his usual role as Denier-in-Chief:
“No one has ever tried to influence me by helping you,” the former president added while channeling his wife. “There is no doubt in my mind that we have never done anything knowingly inappropriate in terms of taking money to influence any kind of American government policy. That just hasn’t happened.”
There was no doubt in his mind he hadn’t had sex with that woman too! If his lips are moving he’s … yeah, he is. And his wife is no better.
Nothing to see here citizen … keep moving, keep moving.
Guy Benson lays it out:
“A free-thinking, free citizen of a free country is not obliged to be confined to a bedazzled ideological straitjacket because that’s how they ‘ought’ to think and ‘ought’ to vote and ‘ought’ to rank their priorities,” he said. “It’s not true, it shouldn’t be true, and I think part of liberty and tolerance and coexistence is understanding that, ‘Hey, I might have something in common with this person over here, and they have every right under the sun to disagree with me on this whole panoply of public policy questions over here.’ And if their views on those things lead them to another conclusion about how they exercise their right to vote, to jump to the conclusion that that is borne of some secret, deep-seated, self-loathing is just lazy and boring.
Bingo. And given what we see today, we’re hardly “A free-thinking, free citizen of a free country”.
Social justice warriors are as dumb as they come. They probably don’t even realize that they’ll be successful in splitting the country apart. We talk about it on the podcast page.
April motor vehicle sales fell -4.1% from a strong March, to still fairly robust 16.5 million annual rate.
The Markit PMI manufacturing index for April fell -1.6 points to 54.1 in April.
Weakness in the employment component held the ISM manufacturing index unchanged for April at 51.5.
The University of Michigan’s consumer sentiment index was unchanged in April at 95.9.
March construction spending dropped -0.6% against expectations of an increase of 0.4%, showing basic weakness in the construction sector.