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'Insulting' Biden Campaigned for Newsom While Residents Stuck in Afghanistan: California GOP

'Insulting' Biden Campaigned for Newsom While Residents Stuck in Afghanistan: California GOP
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The Capital Letter: Biden's Vaccine Blunder


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President Joe Biden speaks as he tours a Pfizer manufacturing plant producing the coronavirus vaccine in Kalamazoo, Mich., February 19, 2021.
(Tom Brenner
/Reuters)
The week of May 3: waiving the COVID-19 vaccines’ intellectual-property protections, disappointing jobs numbers, and much, much more.
Just in case its tax plans were not evidence enough that the Biden administration has little understanding of the value of incentives, its proposal that intellectual-property protections should be waived in the case of COVID-19 vaccines bolstered the message that no economically productive deed should go unpunished.
The
New York Timesprovided some background:
The United States had been a major holdout at the World Trade Organization over a proposal to suspend some of the world economic body’s intellectual property protections, which could allow drugmakers across the globe access to the closely guarded ....

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Charlie Munger: 'Bernie Sanders has basically won' on income inequality


Charlie Munger: Bernie Sanders has basically won on income inequality
Max Zahn
Berkshire Hathaway (BRK-A, BRK-B) Vice Chairman Charlie Munger on Saturday declared progressive Vermont Senator Bernie Sanders (I-VT) the victor in the nation s political fight over income inequality. The hot economy and loose monetary policy will end up narrowing the nation s wealth gap, Munger predicted.
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With everything boomed up so high and interest rates so low, what s going to happen is the millennial generation is going to have a hell of a time getting rich compared to our generation, Munger says. 
The difference between the rich and the poor in the generation that s rising is going to be a lot less, he adds. So Bernie has won. ....

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