In the history of mankind, many republics have risen, have flourished for a less or greater time, and then have fallen because their citizens lost the power of governing themselves and thereby of governing their state. TR

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Chris Christie’s Can-Do Claptrap

It’s accepted always as a given in Washington that “gridlock” is a terrible thing and that our elected leaders need to do better at “getting things done” and “working together.” Because we are a nation of doers. “What do you do?” is our way of saying “Who are you?” One of the more pathetic laments you can hear from someone is, “I didn’t get anything done today.” And so,

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REDLINE || Thursday, July 2, 2015

Thursday, July 2, 2015​ Good morning! In the news today: Fannie, Freddie chiefs to get really rich; Hilary private emails has classified info; Sandersmania continues as he fills 10K arena; labor participation rate drops again; the five ways Obama has caved to Iran; and a majority say the Confederate flag is not racist; Have a great weekend. REDLINE will not publish Friday Keith   Fannie, Freddie

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Labor Participation at Lowest Level Since 1977

From the Wall Street Journal: U.S. employers steadily added jobs in June, but wages were flat and the participation rate fell, suggesting pockets of weakness remain in the labor market. Nonfarm payrolls rose a seasonally adjusted 223,000 in June, the Labor Department said Thursday. But revisions to the prior months showed weaker job creation this spring than initially estimated. Employers added 254,000 jobs in May,

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