AMERICA’s Birthday

Author: David R. Kotok, Post Date: July 4, 2017
image_pdfimage_print

It’s America’s birthday. Hot dogs and fireworks. Burgers and beer. Gatherings. A lightness is in the air from Key West to Presque Isle, from Pasadena to Juneau. We have good reason (our freedom) for that lifting of spirits.

Let’s celebrate, but let’s also be serious for a moment.

This writer wants to elevate the First Amendment. Here is the Wikipedia history version and copy of the original text: wikipedia.org/wiki/First_Amendment_to_the_United_States_Constitution. And here is the explanatory part about freedom of the press:

Freedom of the press in the United States is protected by the First Amendment to the United States Constitution. This amendment is generally understood to prevent the government from interfering with the distribution of information and opinions. Nevertheless, freedom of the press is subject to certain restrictions, such as defamation law.”

Dear readers. When the Clinton White House dodged the press inquiry about scandal we were angry.  When the Nixon White House did the same we were enraged. The issue of a robust, inquisitive press is not partisan.  It is only made partisan when a political force resorts to muzzling the press because it cannot take the heat from inquiries. When that occurs, that White House has taken aim at the very foundation of our freedoms.

As a commentator and as a professional in the financial markets, I find this course the worst offense of the Trump administration. Please understand that this commentary is not about who won the election. I would equally criticize a D or an R on this issue.

This is about what happened after and what is happening when a White House resorts to conflicting tweets and mixed messages while dodging and quashing and any inquiry. The dodging and muzzling is the issue.

cumber map
Cumberland Advisors® is registered with the SEC under the Investment Advisers Act of 1940. All information contained herein is for informational purposes only and does not constitute a solicitation or offer to sell securities or investment advisory services. Such an offer can only be made in the states where Cumberland Advisors is either registered or is a Notice Filer or where an exemption from such registration or filing is available. New accounts will not be accepted unless and until all local regulations have been satisfied. This presentation does not purport to be a complete description of our performance or investment services. Please feel free to forward our commentaries (with proper attribution) to others who may be interested. It is not our intention to state or imply in any manner that past results and profitability is an indication of future performance. All material presented is compiled from sources believed to be reliable. However, accuracy cannot be guaranteed.
Loading...