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State-Department-Hillary-Clinton-AP

State Department headquarters in D.C., left, and, right, Hillary Rodham Clinton speaks to the reporters at United Nations headquarters on Tuesday, March 10, 2015. (Photos: AP/Seth Wenig)

The State Department is reopening its internal investigation of Hillary Clinton’s private email server after the Department of Justice (DOJ) decided not to bring charges against her. U.S. Attorney General Loretta Lynch said this week the DOJ would not press charges against Mrs. Clinton.

“Given the Department of Justice has now made its announcement, the State Department intends to conduct its internal review,” State Department spokesman John Kirby said in a statement.

The State Department had suspended its investigation into its former secretary to avoid interfering with FBI Director James Comey’s recommendation and Justice Department fundings. Mr. Kirby refused to give specific information about what the department is investigating and he could not give a timeline for the process.

“Our goal will be to be as transparent as possible about our results, while complying with our various legal obligations,” he said.

The State Department’s investigation will also include top Clinton advisers including Cheryl Mills, Huma Abedin and Jake Sullivan.

Admiral Kirby said earlier this week that former officials could still face “administrative sanctions” for past actions.

If that does lead to a loss of security clearances it will make it difficult for Mrs. Clinton to put a national security team in place if she becomes president. The State Department actually gave the referral to the FBI that sparked the criminal investigation into her email practices. An internal audit conducted by the inspector general concluded she violated the Federal Records Act and administration policy.

The State Department reopened an internal investigation

FBI Director James Comey, left, speaks during a press conference on July 5, 2016, while Hillary Clinton, right, followed by aide Huma Abedin, to her right, at Andrews Air Force Base on July 5, 2016. (Photos: AP)

FBI Director James Comey, left, speaks during a press conference on July 5, 2016, while Hillary Clinton, right, followed by aide Huma Abedin, to her right, at Andrews Air Force Base on July 5, 2016. (Photos: AP)

While FBI Director James Comey announced he will not prosecute Hillary Clinton over the email scandal, her troubles with the Bureau aren’t over yet. Mrs. Clinton, the former secretary of state and presumptive Democratic nominee for president, will still be the target of at least one federal criminal investigation.

During a House Oversight and Government Reform Committee hearing on Thursday, Chairman Jason Chaffetz said he would be sending a referral to the FBI to investigate Mrs. Clinton for perjury regarding multiple false statements she made to Congress.

At least three statements she made to Congress were proven to be untrue during the FBI investigation into her mishandling of classified information by using a private, unauthorized email server to conduct official State Department business. When asked why he did not look into that activity, Director Comey said he would need a referral from Congress before investigating.

“You’ll have one,” Chairman Chaffetz said, within “a few hours.”

A referral by the State Department inspector general, who conducted a separate review that concluded Mrs. Clinton broke federal records-keeping regulations, kicked off the Bureau’s investigation into her email practices.

The statements in question were made during a hearing on Benghazi in 2015 and include Mrs. Clinton’s claim “nothing marked classified on my e-mails were sent and received” and that she turned over “all my work related emails.” Finally, the last statement related to the process used to sort and delete some 30,000 emails. Mrs. Clinton told the committee that her attorneys “went through every single e-mail.”

None of those sworn statements were true.

In essence, while Hillary Clinton misled the American public, she escaped prosecution on the email case by telling the FBI during a 3.5-hour long interview, the truth. However, she gave members of Congress the same various explanations that she gave the public, which have now been proven false by the IG audit and FBI investigators.

The FBI head said during his testimony on Thursday that Gmail was a more secure system and, though they could not find specific evidence of her account being hacked by hostile entities, they are operating under the assumption that it was. The Bureau did find evidence of her underlings’ accounts, which she frequently corresponded with, were compromised.

Director Comey was also asked by the chairman at the end of the hearing about Mrs. Clinton being the target of a criminal investigation into public corruption at the Clinton Foundation.

“I will not confirm or deny whether there is an open investigation into the Clinton Foundation.”

As PPD previously reported, the email investigation in January uncovered potential public corruption activities at the Clinton Foundation. That led the FBI to look at whether Mrs. Clinton sold access during her tenure as secretary of state, in addition to whether she mishandled classified information.

Below is the relevant statute on perjury:

Whoever—

(1)

having taken an oath before a competent tribunal, officer, or person, in any case in which a law of the United States authorizes an oath to be administered, that he will testify, declare, depose, or certify truly, or that any written testimony, declaration, deposition, or certificate by him subscribed, is true, willfully and contrary to such oath states or subscribes any material matter which he does not believe to be true; or

(2)

in any declaration, certificate, verification, or statement under penalty of perjury as permitted under section 1746 of title 28, United States Code, willfully subscribes as true any material matter which he does not believe to be true;
is guilty of perjury and shall, except as otherwise expressly provided by law, be fined under this title or imprisoned not more than five years, or both. This section is applicable whether the statement or subscription is made within or without the United States.

While FBI Director James Comey said Hillary

Chelsea-Hillary-Bill-Clinton-money

Bill Clinton, Hillary Clinton, Chelsea Clinton at the Clinton Foundation with money imposed over the photo. (Original Photo: AP)

My main problem with Hillary Clinton is that she not only supports the bloated and enervating welfare state that already exists, but she wants to make it even bigger. Indeed, there’s only a very small gap between her and crazy Bernie Sanders when you examine their voting records.

There’s only a trivially small difference…between Hillary Clinton’s lifetime rating of 10.6 from the National Taxpayers Union and Bernie Sanders’ lifetime ratingof 9.4. They both earned their failing grades by spending other people’s money with reckless abandon.

That being said, I’m disgusted and outraged by her dishonest and corrupt behavior.

The rule of law is one of the most important building blocks of a just and prosperous society, so it’s both morally nauseating and economically destructive when members of the elite enjoy special treatment.

Josh Barro definitely isn’t a member of the vast right wing conspiracy, so his listof Hillary’s ethical lapses should carry extra weight.

It’s possible that Clinton and Lynch were just catching up — “a social meeting,”… Similarly, it’s possible foreign governments donated to the Clinton Foundation because they viewed it as the most efficient available philanthropic opportunity, without regard for the favorable impression it might make on Bill and Hillary Clinton. It’s possible Goldman Sachs paid Hillary Clinton $675,000 for three speeches because they thought she would be really interesting, not because they thought the payment might help the bank make a favorable impression on a potential future president. It’s possible a major Clinton donor ended up on a State Department nuclear advisory board for perfectly innocent reasons, and that there were no untoward effects from top Clinton staffers being simultaneously on State Department and private payrolls. …The list goes on and on. …the Clintons have no apparent concern for appearances of impropriety, as long as they believe their actions cannot get them in trouble with the law.

And the Clintons get away with things that would land ordinary Americans in jail, so you have to give them credit for knowing how to exploit their political connections and power.

And that has a lot of people legitimately upset. The Washington Examiner opined about Hillary’s free pass from the FBI.

The Founding Fathers embraced principles that transcended their own human weaknesses and those of their posterity. They created a system in which process and law could check base personal ambition, favoritism and other low and common temptations. The idea was to put in place a system that would survive incompetent and corrupt leaders. …the public witnessed what happens when the system fails. Special people receive special treatment. Equal protection under the law turns out to be a fancy fiction. Some people are more equal than others. …An average government official who spent five years breaking the rules to frustrate the Freedom of Information Act, and who recklessly compromised classified information (more than 100 times), including top secret information (eight times), would serve time in federal prison. But Hillary Clinton is almost certain to suffer no consequences at all.

But what about Hillary supposedly having no bad intent, as the FBI Director offered up as a distraction?

This is bunk. Intention is something this law does not require. “Gross negligence” alone is sufficient grounds for prosecution because the officials to which it applies are entrusted with secrets that bring greater obligations than average citizens must bear. Precisely because of that greater risk of prosecution, high-ranking government officials who handle classified information, including Clinton, sign agreements that spell out their legal jeopardy.

Jacob Sullum of Reason also addresses this topic.

…one of the statutes guiding the FBI’s investigation, 18 USC 793, makes it a felony to “mishandle classified information either intentionally or in a grossly negligent way” (emphasis added), as Comey himself notes… Former New York City Mayor Rudy Giuliani, …who was the U.S. attorney for the Southern District of New York during the Reagan administration, says Comey’s description of Clinton’s behavior plainly qualifies as a violation of 18 USC 793(f). …Giuliani told NBC’s Brian Williams yesterday, “because he clearly found a direct violation of 18 United States Code, Section 793, which does not require intent. It requires only gross negligence in the handling of anything relating to the national defense. …The definition of gross negligence under the law is extreme carelessness. It’s the first definition that comes up in the law dictionary. …So that is a clear, absolutely unassailable violation of 18 United States Code, Section 793, which is not a minor statute. It carries 10 years in prison.”

For those who think Rudy Giuliani is perhaps exaggerating because of his support for Trump, then consider the views of former Attorney General Michael Mukasey, who is part of the #neverTrump camp.

It is a felony for anyone entrusted with lawful possession of information relating to national defense to permit it, through “gross negligence,” to be removed from its proper place of custody and disclosed. “Gross negligence” rather than purposeful conduct is enough. …As an example of the kind of information at stake, he described seven email chains classified at the Top Secret/Special Access Program level. These were the emails that the government had said earlier are so sensitive that they will never be disclosed publicly. …To be “extremely careless” in the handling of information that sensitive is synonymous with being grossly negligent.

Needless to say, ordinary Americans would never get this kind of preferential treatment.

David French, a former military officer, explains what would happen to someone in the armed forces who treated national security with the same degree of disdain.

I served ten years as an Army lawyer, and one of my responsibilities was advising the command on matters of military justice, including incidents where soldiers mishandled classified information. And if Hillary Clinton was a soldier, she would lose her security clearance, face administrative action, and face the specter of criminal prosecution. I’ve not only seen the pattern, I’ve also participated in the process. …If Hillary were Captain Clinton instead of the presumptive Democratic nominee and wife of a disbarred former president, the following things would occur, more or less simultaneously. First, the command would immediately suspend her security clearance. …Next, her commander would probably draft an administrative reprimand. …a career-killer if placed in an officer’s permanent file…Finally, the command would consider criminal charges. …the officer would in all likelihood not only violate the Espionage Act (the same statute at issue in Clinton’s case) but also the Uniform Code of Military Justice. …In other words, her actions would have ended her military career, and she would have been fortunate to resign in lieu of enduring a court-martial. In her post-military civilian life, she would have been unemployable in any serious government position… To say that Hillary Clinton is unfit to be commander-in-chief is to give her too much credit. It implies that she might be fit for other positions of responsibility. She’s not fit to be POTUS, and she’s not fit to be a private.

But there is a silver lining to the dark cloud of Hillary favoritism.

We can enjoy some dark humor while the rule of law is further eroded.

The clever folks at Reason TV put together this video showing how Hillary Clinton has blatantly lied about her actions.

[brid video=”52429″ player=”2077″ title=”Compare Hillary Clinton vs. James Comey on Email Scandal”]

By the way, Hillary’s negligence and disdain for national security is just the tip of the iceberg.

She already has engaged in countless other shady acts, such as allowing her top aide, Huma Abedin, to be on the government payroll while simultaneously getting payoffs as an influence peddler.

Or consider the Clinton Foundation. Investor’s Business Daily makes a compelling case that it’s nothing but a racket.

…the Clinton Foundation gathered some $100 million from a variety of Gulf sheikhs and billionaires, not to mention taking in millions of “donations” from private businesses that later benefited from their supposed “charitable” largesse. Some of those who gave big bucks to the Clintons had interests that were, to put it mildly, not in keeping with U.S. interests. …now comes a more serious, far-reaching question: Is the entire Clinton Foundation so full of conflicts of interest and questionable dealings that it amounts to little more than a massive fraud intended solely to enrich its presidential namesake and his family? Charles Ortel, a Wall Street financial analyst, who pored over the Clinton Foundation’s books, filings and records, thinks so. He concluded that “a substantial portion of Clinton Foundation activities is certainly not ‘charitable’ or ‘tax-exempt’ in the accepted legal senses…” the nonprofit watchdog Charity Navigator removed the Bill, Hillary and Chelsea Clinton Foundation from its list of charities because of its “atypical business model.” …Getting rich isn’t a crime. But it might be if you did it in the guise of being a tax-free humanitarian charity, interested only in the betterment of humankind.

The Washington Examiner also has looked at the Clinton Foundation’s dodgy finances and activities.

The Clinton Global Initiative has a curious record of leaving its projects unfinished, despite receiving multiple large donations from foreign interests that could benefit if Hillary Clinton is elected president (and may have already benefited from her service at the State Department). …the initiative has completed fewer than half of the commitments made since 2005. Thirty-six percent of them are listed as being “in progress.” Many others are listed as “stalled,” “unfulfilled,” or haven’t had any progress reported in at least two years. This may just be a sign of bad timing or ineffective philanthropy, but when combined with the rest of the information available about the Clintons’ philanthropic activities, it hints at something more sinister. …accepted a great deal of money in donations from businesses and foreign governments that had a lot to gain from her help.

Here one of the examples that certainly seems tawdry, if not sinister.

In one well-known case, a group of Canadian mining magnates made millions in undisclosed donations to the Clinton Foundation, and a Russian bank closely linked to the Kremlin paid Bill Clinton $500,000 to give a single speech in Moscow. All of these parties involved in funneling money to the Clintons and their enterprises were part of a large mining deal that required approval from a government panel on which Clinton sat.

We also have the Clintonian equivalent of Trump University, as outlined by Professor Jonathan Turley.

Donald Trump has been rightfully criticized and sued over his defunct Trump University. There is ample support for claiming that the Trump University was fraudulent in its advertisements and operations. However, the national media has been…sidestepping a scandal involving the Clintons that involves the same type of fraud allegations. The scandal involves a dubious Laureate Education for-profit online college (Walden) and entails many of the common elements with other Clinton scandals: huge sums given to the Clintons and questions of conflicts with Hillary Clinton during her time as Secretary of State.

Here are some of the sordid details.

Laureate Education was sued over its Walden University Online offering, which some alleged worked like a scam designed to bilk students of tens of thousands of dollars for degrees. Students alleged that they were repeatedly delayed and given added costs as they tried to secure degrees, leaving them deeply in debt. …The respected Inside Higher Education reported that Laureate Education paid Bill Clinton an obscene $16.5 million between 2010 and 2014 to serve as an honorary chancellor for Laureate International Universities. …Various sites have reported that the State Department funneled $55 million in grants during Hillary Clinton’s tenure to groups associated with Laureate’s founder.  That would seem a pretty major story… The Wall Street Journal reported that Laureate was able to “skirt” regulations on reporting “gainful employment” due to its large number of schools and students outside of the country… Laureate has come up in the Clinton email scandal.  In her first year as Secretary of State, Clinton is quoted as directly asking that Laureate be included in a high-profile policy dinner — just months before the lucrative contract was given to Bill Clinton. …the size of the contract to Clinton, the grants from State and the complaints over alleged fraud should warrant a modicum of attention to the controversy.

Let’s close with one final example of Clintonesque sleaze. She apparently thinks insider trading is a good idea so long as the insiders are members of her family.

In 2012, Mezvinski, the husband of Chelsea Clinton, created a $325 million basket of offshore funds under the Eaglevale Partners banner through a special arrangement with investment bank Goldman Sachs. The funds have lost tens of millions of dollars predicting that bailouts of the Greek banking system would pump up the value of the country’s distressed bonds. …newly released emails from 2012 show that she and Clinton Foundation consultant, Sidney Blumenthal, shared classified information about how German leadership viewed the prospects for a Greek bailout. Clinton also shared “protected” State Department information about Greek bonds with her husband at the same time that her son-in-law aimed his hedge fund at Greece. …sharing such sensitive information with friends and family would have been highly improper. Federal regulations prohibit the use of nonpublic information to further private interests or the interests of others. The mere perception of a conflict of interest is unacceptable. …monitoring Greece was part of Clinton’s job description, but, ethically, that does not mean that a family member should make bets that depend upon the actions of another family member.

The point of all this is not that Hillary Clinton is sleazy and corrupt, though that’s one obvious conclusion.

Instead, as I’ve demonstrated over and over again, the real lesson is that Washington is filled with people like her.

And the reason that sleazy people gravitate to Washington is that we have Leviathan-sized government that enables politically well-connected people to obtain vast amounts of unearned and undeserved wealth.

Including lots of Republicans, so this isn’t a partisan argument.

Moreover, the problem almost certainly won’t get solved by electing different people. The only real solution is shrinking the size of government so there’s less opportunity for graft.

Hillary Clinton's corruption is result of a

white-house-irs-headquarters-dc-740

The White House at 1600 Pennsylvania Ave., left, and the Internal Revenue Service (IRS) headquarters in D.C., right.

Over the years, I’ve run into oddball stories about what happens when politicians and bureaucrats get involved with matters relating to sex.

And here are two more examples. Government isn’t involved yet, but will be if statists get their way.

  • Leftists concocted a crazy theory that tax havens promote sex slavery.
  • And other leftists hypothesized that climate change promotes prostitution and AIDS.

Let’s add to our collection. We now have new evidence in favor of the Laffer Curve, thanks to Illinois politicians levying a tax on strip clubs.

Here are some excerpts from a story in the St. Louis Post-Dispatch.

…she and others…were expecting at least $1 million to be raised…the Live Adult Entertainment Facility Surcharge tax…went into effect Jan. 1, 2013, with the first monies collected in fiscal year 2014. For that fiscal year, the State Department of Revenue reported $405,996.62 in revenue; over the next two fiscal years, the amounts collected were a bit more — $501,334.85 for fiscal year 2015 and $532,271.46 for fiscal year 2016. The state’s newest ‘sin tax,’ which poses a tax on facilities that serve alcohol and that have live adult entertainment, includes topless, nude dancing and stripping. “They were expecting it to raise quite a bit of revenue,” McClanahan said of the tax on strip-club type facilities… “We anticipated it would be a greater number of clubs that would be paying and we would have anticipated about a million in revenue,” Poskin said. “So I don’t know if that if the tax that they’re paying is accurate and consistent with their gross receipts.”

The bottom line (no pun intended) is that politicians collected about half as much money as originally projected. It’s unclear, to be sure, why the revenues didn’t materialize.

The clubs are probably engaging in a bit of avoidance and evasion, which is quite common in all areas of the economy when tax burdens increase.

And the clubs presumably are suffering from a loss of business because of the tax, which also is a common effect of higher tax burdens in all sectors of the economy.

Which gives me an excuse to make a broader point about the economy-wide implication of higher tax burdens.

Scott Sumner compares output in the U.S. and the four biggest European nations (Germany, U.K., France, and Italy), observes that per-capita tax collections in the U.S. are almost as high as they are in these other countries with far higher tax burdens, and has some must-read analysis about the very high economic cost of getting additional tax revenue.

…tax rates in the US are about 31% lower than in Europe, so there is a lot of scope for tax increases in the US. But how much revenue would those higher taxes actually collect—in the long run? This data suggests not very much. …we are in a region where disincentive effects are kicking in. GDP per person in these four countries is about 25.5% lower than in the US (PPP), so they only raise about 7.5% more revenue that we do, despite far higher tax rates. …The mistake that progressives make is to see the huge US GDP as a sort of piggy bank from which money can be raised for any policy objectives, without killing the goose that lays the golden eggs. …it’s clear that progressivism can never succeed in America. The only question is how badly it will fail.

Looking at all this data, the one important question that must be asked is how anyone could possibly think that it’s a good idea to sacrifice 25.5 percent of our income in order to give politicians 7.5 percent more tax revenue.

By the way, for those who think Scott’s conclusions are somehow illegitimate because they’re based on back-of-the-envelope calculations, check out the very detailed and rigorous analysis from the European Central Bank that found an even larger negative relationship between tax revenue and foregone economic output.

In other words, there is a Laffer Curve. When tax burdens climb, taxable income falls. Which is just another way of stating that the cost of higher taxes isn’t just that politicians take our money. They also impose lots of damage on the economy, which means we suffer from lower earnings.

So it’s a double-whammy. They tax more, we earn less.

P.S. While I don’t want politicians involved with sex, I must confess that there’s also some compelling evidence that people don’t want economists involved with sex.

We now have new evidence in favor

[brid video=”52414″ player=”2077″ title=”Rep. Trey Gowdy Shreds “Intent” Argument at Hearing with James Comey”]

Rep. Trey Gowdy, R-S.C., a former prosecutor, at the House Oversight and Government Reform Committee hearing cast real doubt on the argument made by FBI Director James Comey that Hillary Clinton did not have “intent” to break the law.

GOWDY: …I’m going to ask you to put on your old hat. False exculpatory statements — they are used for what?

COMEY: Well, either for a substantive prosecution, or for evidence of intent in a criminal prosecution.

GOWDY: Exactly. Intent, and consciousness of guilt, right? Is that right?

COMEY: Right.

GOWDY: Consciousness of guilt, and intent. In your old job, you would prove intent, as you just referenced, by showing the jury evidence of a complex scheme that was designed for the very purpose of concealing the public record. And you would be arguing, in addition to concealment, the destruction that you and I just talked about, or certainly the failure to preserve. You would argue all of that under the heading of intent.

You would also be arguing the pervasiveness of the scheme: when it started, when it ended, and the number of emails, whether they were originally classified or up-classified. You would argue all of that under the heading of intent.

You would also probably, under “common scheme or plan,” argue the “burn bags” of daily calendar entires, or the missing daily calendar entires as a common scheme or plan to conceal.

Two days ago, Director, you said a reasonable person in her position should have known a private email is no place to sand and receive classified information. And you’re right: an average person does know not to do that. This is no average person: this is a former First Lady, a former United States Senator, and a former Secretary of State that the president now contends is the most competent, qualified person to be president since [Thomas] Jefferson. He didn’t say that in ’08, but he says it now.

She affirmatively rejected efforts to give her a state.gov account, she kept these private e-mails for almost two years, and only turned them over to Congress because we found out she had a private e-mail account.

So you have a rogue e-mail system set up before she took the oath of office; thousands of what we now know to be classified e-mails, some of which were classified at the time; one of her more frequent e-mailed comrades was, in fact, hacked, and you don’t know whether or not she was; and this scheme took place over long period of time and resulted in the destruction of public records — and yet you say there is insufficient evidence of intent?

You say she was “extremely careless,” but not intentionally so. Now, you and I both know intent is really difficult to prove. Very rarely do defendants announce, “On this day, I intend to break this criminal code section. Just to put everyone on notice, I am going to break the law on this day.” It never happens that way. You have to do it with circumstantial evidence — or, if you’re Congress, and you realize how difficult it is to prove specific intent, you will formulate a statute that allows for “gross negligence.”

The statute Rep. Gowdy referred to is the one under which Director Comey said the FBI had investigated Mrs. Clinton–18 U.S.C. section 793(f), which requires only “gross negligence,” not intent–in the mis-handling of classified materials.

Rep. Trey Gowdy, R-S.C., a former prosecutor,

House Speaker Paul Ryan, R-Wis., writes a letter to DNI Director James Clapper requesting the intelligence community refrain from providing any classified information to former secretary of state Hillary Clinton. (Photo: Courtesy of Speaker Ryan's Office)

House Speaker Paul Ryan, R-Wis., writes a letter to DNI Director James Clapper requesting the intelligence community refrain from providing any classified information to former secretary of state Hillary Clinton. (Photo: Courtesy of Speaker Ryan’s Office)

WASHINGTON, D.C.—House Speaker Paul Ryan, R-Wis., has written a letter to Director of National Intelligence James Clapper essentially asking to revoke Hillary Clinton’s security clearance. Speaker Ryan requested that the intelligence community refrain from providing any classified information to Secretary Clinton.

“Today I’m writing to formally request that you refrain from providing any classified information to former Secretary of State Hillary Clinton for the duration of her candidacy for president,” Speaker Ryan wrote. “This is necessary to reassure the public that our nation’s secrets are secure.”

In addition, Speaker Ryan sent a letter to Director James Comey requesting that he release all of the unclassified findings from the Federal Bureau of Investigation (FBI) relating to the case. Director Comey is testifying today before the House Oversight and Government Reform Committee.

Letter to Director Clapper
“As a former vice presidential nominee, I am keenly aware that Secretary Clinton is set to begin receiving classified intelligence briefings after the Democratic National Convention. However, Director Comey stated that ‘this is not to suggest that in similar circumstances, a person who engaged in this activity would face no consequences. To the contrary, those individuals are often subject to security or administrative sanctions.’ Given the FBI’s findings, denying Secretary Clinton access to classified information certainly constitutes appropriate sanctions. This is necessary to reassure the public that our nation’s secrets are secure.”

Letter to Director Comey
“Right now, there are simply too many unanswered questions. While we have started oversight hearings, as you stated earlier this week, ‘given the importance of the matter, I think unusual transparency is in order.’ I completely agree. That’s why I am requesting that you release all of the findings from your investigation. The American people deserve to know exactly what your investigation uncovered and why the FBI came to the decision to recommend that no criminal charges be brought against Secretary Clinton.”

House Speaker Paul Ryan has written a

[brid video=”52369″ player=”2077″ title=”Oversight of the State Department.”]

WASHINGTON, D.C.—On Thursday, FBI Director James Comey will testify in front of the House Oversight and Government Reform Committee to explain his decision not to prosecute Hillary Clinton, despite finding multiple violations. Following the Federal Bureau of Investigation’s (FBI) recommendation not to prosecute the former secretary of state and now presumptive Democratic nominee, Committee Chairman Jason Chaffetz (R-UT) announced that he had called Director Comey to testify before the Oversight Committee on Thursday, July 7, 2016.

“The FBI’s recommendation is surprising and confusing. The fact pattern presented by Director Comey makes clear Secretary Clinton violated the law,” Chairman Chaffetz said in a statement. “Individuals who intentionally skirt the law must be held accountable. Congress and the American people have a right to understand the depth and breadth of the FBI’s investigation. I thank Director Comey for accepting the invitation to publicly answer these important questions.”

WITNESSES AND TESTIMONIES

Name Title Organization Panel Document
The Honorable James Comey Director Federal Bureau of Investigation 1
Mr. Steve Linick Inspector General Department of State 2
Mr. I. Charles McCullough, III Inspector General Intelligence Community 2

FBI Director James Comey testifies at the

jobs-report-getty

SAN FRANCISCO, CA – MAY 30: A job seeker holds a pamphlet during a job and career fair at City College of San Francisco southeast campus on May 30, 2013 in San Francisco, California. Hundreds of job seekers attended a career fair hosted by the San Francisco Southeast Community Facility Commission. (Photo by Justin Sullivan/Getty Images)

The June ADP National Employment Report released on Thursday finds private sector employment increased by 172,000 jobs from May to June.

“Since the start of 2016, average monthly job creation has slightly dropped,” said Ahu Yildirmaz, vice president and head of the ADP Research Institute. “Lackluster global growth, low commodity prices, and an unfavorable exchange rate continue to weigh on U.S. companies, especially larger companies.”

Still, sectors that produce higher-paying jobs continued to lose employment this month, a roughly 7-year trend making wage growth next to impossible. Goods-producing employment was down by 36,000 jobs in June after an additional loss of 5,000 jobs in May. The construction industry lost 5,000 jobs, offsetting May’s gain of 9,000 jobs. Meanwhile, manufacturing lost 21,000 jobs after losing 3,000 the previous month.

But many so-called “mainstream” economists continue to blame non-fundamental influences, this month scapegoating Brexit. The British people voted to leave the European Union (EU) in order to preserve their national and economic sovereignty.

“Job growth revived last month from its spring slump. Job growth remains healthy except in the energy and trade-sensitive manufacturing sectors. Large multinationals are struggling a bit, and Brexit won’t help, but small- and mid-sized companies continue to add strongly to payrolls.”

Payrolls for businesses with 49 or fewer employees increased by 95,000 jobs in June, up from 84,000 in May. Employment at companies with 50-499 employees increased by 52,000 jobs, down from last month’s 60,000. Employment at large companies – those with 500 or more employees – increased by 25,000, up from May’s 23,000. Companies with 500-999 employees added 21,000 and companies with more than 1,000 employees added 4,000 this month.

Ultimately, lower-paying and even part-time opportunities have largely driven job gains. Service-providing employment rose by 208,000 jobs in June, a stronger increase when compared to May’s 173,000 jobs. The ADP National Employment Report indicates that professional/business services contributed 51,000 jobs, up from May’s 47,000. Trade/transportation/utilities grew by 55,000, nearly twice that of the 27,000 jobs added the previous month. Financial activities added 2,000, down from last month’s gain of 13,000 jobs.

The June ADP National Employment Report released

Italian Prime Minister Matteo Renzi (Photo: AFP)

Italian Prime Minister Matteo Renzi (Photo: AFP)

European economic analysts are paying too much attention to the United Kingdom and too little attention to Italy. Yes, the Brexit decision is important, and the United Kingdom is the world’s 5th-largest economy so it merits attention to see if there are any speed bumps as it escapes from the slowly sinking ship otherwise known as the European Union.

But one of the other passengers on that doomed ship is Italy, the world’s 8th-largest economy. And if the UK merits attention because of uncertainty on its way to a brighter future, then Italy should be getting five-alarm focus for its festering economic crisis as it descends into chaos.

Part of that crisis is quasi-permanent stagnation, as illustrated by this map showing changes in per-capita economic output since 1995.

To state that Italy is the slow student in the class is an understatement. There’s been a two-decade period with almost no improvement in economic output.

Even Greece has done better!

To make matters worse, Italy’s long-run stagnation is matched by an immediate banking crisis. Here are some excerpts from a MarketWatch report.

Banks in Italy are weighed by about €360 billion in nonperforming loans, or unpaid debts, according to Italy’s central bank. That represents 18.1% of total loans to consumers. Roughly €210 billion of those loans have been taken out by borrowers now considered to be insolvent. “Meanwhile, average return on equity has been less than 2% per year during the last five years, neither enough to clear out the NPLs at a decent pace, nor to attract more capital.

And, as illustrated by this chart from the Economist, this puts the nation in a very undesirable position.

There’s also a demographic disaster in Italy. The fertility rate is 1.43, which puts Italy in 208th place out of 224 nations.

To be sure, there’s nothing wrong with choosing to have fewer children. The “disaster” is that Italy has a huge, pay-as-you-go entitlement state that is premised on having an ever-growing number of new taxpayers to pay for the promises made to older taxpayers. And since Italy’s population pyramid is turning into a population cylinder, that’s obviously not happening.

Indeed, the EU Observer reports that parts of Italy are becoming ghost towns.

Around a third of villages in Italy are at risk of turning into “ghost” villages in the next 25 years because young people are leaving, and those who are left behind are dying of old age. …2,430 villages are at risk.

The “good news” is that there is some awareness that the nation faces a double-disaster of statism and unfriendly demographics.

Unfortunately, that awareness doesn’t extend to Italy’s ruling class. Almost nothing is being done to address the problems of a bloated (and notoriously incompetent) public sector and excessive government intervention. Fully one-half of the nation’s economic output is consumed by a bloated public sector. And a stifling tax burden helps to explain why economic output is stagnant.

And I’m not expecting good results from a new scheme to change the nation’s demographic outlook.

Italy’s health minister is proposing doubling a ‘baby bonus’ incentive for couples to have more children to combat what she calls a catastrophic decline in the country’s birth rate. …Lorenzin told the paper she wanted to double the standard baby bonus, currently 80 euros ($90) a month…and introduce higher payments for second and subsequent children to encourage bigger families.

Part of my concern is that I don’t think the government should pay people to have children, both because I don’t like redistribution and because I’m skeptical that you can successfully bribe people to have more children with $90 per month.

But when you dig into the details, the proposal is even more troubling. The government basically wants to encourage more children from the portion of the population that is most likely to rely on state handouts.

Higher-income families, those with taxable earnings of more than 25,000 euros per year, are not eligible for the scheme, excluding about a third of parents. The allowances are paid at higher rates for the poorest — those declaring less than 7,000 euros a year to the taxman. Under the new proposals, the payment for second and subsequent children would be 240 euros/month for average families and 400 euros/month for the poorest.

Call me crazy, but the last thing Italy needs is more people riding in the wagon of government dependency.

Oh, by the way, this scheme will add to the burden of government spending.

Lorenzin’s proposals would add 2.2 billion euros to public spending over six years, her department estimates.

More spending, bigger government, higher taxes, and additional red ink. Maybe that’s a recipe for prosperity on some planet in the universe, but it definitely won’t work on Earth.

P.S. No wonder there’s discussion in Sardinia on leaving Italy and joining Switzerland. After all, the luckiest Italian people in the world are the ones in Ticino, the southernmost canton of über-prosperous Switzerland (just as the unluckiest French people live in Menton and Roquebrune, which used to be part of Monaco).

P.P.S. Though you have to give the Italians credit for ingenuity. This doctor andthis cop both went to extraordinary lengths to earn membership in the Bureaucrat Hall of Fame.

European economic analysts are paying too much

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