Here's some potentially VERY good economic news that was lost amid the weekend news flurry.  Those…
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Some Potentially VERY Good Economic News

Here's some potentially VERY good economic news that was lost amid the weekend news flurry.  Those with "skin in the game," and who likely possess the best perspective, are betting heavily on an upturn, as highlighted by Friday's Wall Street Journal:

Corporate insiders are buying stock in their own companies at a pact not seen in years, a sign they are betting on a rebound after a coronavirus-induced rout.  More than 2,800 executives and directors have purchased nearly $1.19 billion in company stock since the beginning of March.  That's the third-highest level on both an individual and dollar basis since 1988, according to the Washington Service, which provides data analytics about trading activity by insiders."

Here's why that's important:

Because insiders typically know the…[more]

March 30, 2020 • 11:02 am

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Home Press Room CFIF Applauds Announcement of Support for T-Mobile/Sprint Merger by FCC Chairman Ajit Pai and Commissioner Brendan Carr
CFIF Applauds Announcement of Support for T-Mobile/Sprint Merger by FCC Chairman Ajit Pai and Commissioner Brendan Carr Print
Monday, May 20 2019

ALEXANDRIA, VA - Today, Federal Communications Commission (FCC) Chairman Ajit Pai announced his intention to recommend that the agency green-light the proposed T-Mobile/Sprint merger.  Commissioner Brendan Carr similarly announced his support for the transaction.  In response, Jeffrey Mazzella, President of the Center for Individual Freedom (CFIF), issued the following statement: 

"Today's announcement constitutes a significant step forward for U.S. telecommunications policy, and CFIF applauds the wisdom and leadership demonstrated by Chairman Pai and Commissioner Carr.  We at CFIF have consistently emphasized that the transaction would immediately and enormously benefit the American economy and consumers via faster 5G transition, rural broadband acceleration, more jobs, greater private investment in telecommunications, increased market competition, broader nationwide coverage, capacity improvements, performance improvements and lower prices.  We accordingly urge the FCC and Department of Justice to complete their respective reviews and approve the merger without delay."

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