America

Via George Friedman and Jacob Shapiro of MauldinEconomics.com,

Via Ted Galen Carpenter of The Strategic Culture Foundation,

Via John Whitehead of The Rutherford Institute,

You can’t have it both ways.

You can’t live in a constitutional republic if you allow the government to act like a police state.

You can’t claim to value freedom if you allow the government to operate like a dictatorship.

You can’t expect to have your rights respected if you allow the government to treat whomever it pleases with disrespect and an utter disregard for the rule of law.

Earlier today, the world's biggest fast food retailer spooked its investors when it briefly halted trading in its stock ahead of its annual investor day. However, instead of some dramatic M&A deal revelation, McDonalds had a far less exciting announcement: it had decided to go back to basis in an attempt to recover some 500 million U.S. orders it had lost over the past five years to competition as a result of failed attempts to widen its customer base.

Last October we wrote about the unfortunate situation in Loyalton, California whereby CalPERS was threatening to slash pension payments to a group of retired city workers after their City Council members failed to understand basic pension accounting and the unintended consequences of terminating their plan (see "Pension Benefits In Tiny California Town To Be Slashed As "Ponzi Scheme" Is Exposed").  Now it seems as though retirees of the East San Gabriel Valley Human Services Consortium may be facing a similar fate after their former municipal employer failed to pay their pension due