State-Run Pre-K Resulted in Worse Educational, Behavioral Outcomes for Kids


biden-class-zumaglobaleleven120328

Over and over again, the Biden administration has touted the benefits of “universal” preschool and pre-kindergarten (pre-K) education. These programs, a White House fact sheet declares, are “critical to ensuring that children start kindergarten with the skills and supports that set them up for success in school.” Indeed, they are so critical, in this view, that President Joe Biden’s stalled spending bill plans to devote what the White House calls a “historic $200 billion investment in America’s future” to expanding access to preschool and pre-K schooling. 

Biden himself has advertised the supposed benefits of the new spending, which would roll out through state-based partnerships, on his Twitter feed, with an October post declaring that “studies show that the earlier our children begin to learn in school, the better. That’s why we’re going to make two years of high-quality preschool available to every child.”

On the contrary, a recently published study of a state-run pre-K program in Tennessee found that not only did the program not produce any long-term educational gains, by sixth grade, the children who attended the state’s pre-K program were actually performing worse on both educational attainment and behavioral metrics relative to their peers. State-run pre-K appears to have entirely negative effects for children enrolled.

The new study results were based on the findings of a randomized controlled experiment that looked at nearly 3,000 children in Tennessee. Some of these children were randomly selected for the state’s pre-K program; others may have attended alternatives, like Head Start or home-based care. The children in both groups were then followed for years, allowing the researchers to track educational attainment and disciplinary issues over time. 

As public policy research goes, this sort of study design—randomized selection into a program plus years of follow-up on the same relatively large group of subjects—is about as high-quality as you’re likely to get. Indeed, this is the first randomized controlled study of state-run pre-K, lending extra weight to its findings. And that makes the results all the more devastating. 

Although the program initially produced small gains in educational achievement among students who attended pre-K, relative to their peers who did not, by third grade those gains had been wiped out, and a small decline in student performance began to show. 

By sixth grade, the difference was even starker: Students who had attended pre-K performed worse on standardized tests, had more disciplinary issues, and were more likely to be sent to special education services.

The study’s authors have not sugar-coated the results: “At least for poor children, it turns out that something is not better than nothing,” Dale Farran, a Vanderbilt University professor who worked on the study, told education news organization the Hechinger Report, in a report on the study’s findings.

Farran singled out the damage that state-run pre-K systems are doing to poor children, ostensibly the primary beneficiaries of this sort of program. In addition, Farran tells the Hechinger Report that the study design should rule out unique factors, such as program quality or parental engagement, as the primary drivers of student performance issues. 

No study is perfect. But with a large study group, random assignment, and repeat check-ins over a long period of time, this is about as close as you’ll ever be able to come to determining causality in public policy research: This is strong evidence that the long-term student academic performance and behavioral problems were a result of enrollment in state-run pre-K.  

Nor are these study results completely unexpected. As Sam Hammond of the Niskanen Center notes on Twitter, other studies, including one of a comparable early childhood education program in Quebec, have found “lasting negative cognitive and noncognitive impacts from pre-k.” This sort of state-run pre-K is bad for children. 

There was, however, one group who appeared to benefit from the program: teachers employed by the program. In the Hechinger Report article, Farran notes that the Tennessee pre-K system offered retirement and health care benefits as well as salaries to match the state’s public school teachers, making the program’s compensation relatively generous compared to many other state-run pre-K programs. As is far too often the case, especially in education, a state program benefited public employees at the expense of children. Biden’s proposed preschool program is not entirely focused on funding this sort of pre-K, but it would almost certainly end up funding more failed, flawed programs like this one. 

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State-Run Pre-K Resulted in Worse Educational, Behavioral Outcomes for Kids


biden-class-zumaglobaleleven120328

Over and over again, the Biden administration has touted the benefits of “universal” preschool and pre-kindergarten (pre-K) education. These programs, a White House fact sheet declares, are “critical to ensuring that children start kindergarten with the skills and supports that set them up for success in school.” Indeed, they are so critical, in this view, that President Joe Biden’s stalled spending bill plans to devote what the White House calls a “historic $200 billion investment in America’s future” to expanding access to preschool and pre-K schooling. 

Biden himself has advertised the supposed benefits of the new spending, which would roll out through state-based partnerships, on his Twitter feed, with an October post declaring that “studies show that the earlier our children begin to learn in school, the better. That’s why we’re going to make two years of high-quality preschool available to every child.”

On the contrary, a recently published study of a state-run pre-K program in Tennessee found that not only did the program not produce any long-term educational gains, by sixth grade, the children who attended the state’s pre-K program were actually performing worse on both educational attainment and behavioral metrics relative to their peers. State-run pre-K appears to have entirely negative effects for children enrolled.

The new study results were based on the findings of a randomized controlled experiment that looked at nearly 3,000 children in Tennessee. Some of these children were randomly selected for the state’s pre-K program; others may have attended alternatives, like Head Start or home-based care. The children in both groups were then followed for years, allowing the researchers to track educational attainment and disciplinary issues over time. 

As public policy research goes, this sort of study design—randomized selection into a program plus years of follow-up on the same relatively large group of subjects—is about as high-quality as you’re likely to get. Indeed, this is the first randomized controlled study of state-run pre-K, lending extra weight to its findings. And that makes the results all the more devastating. 

Although the program initially produced small gains in educational achievement among students who attended pre-K, relative to their peers who did not, by third grade those gains had been wiped out, and a small decline in student performance began to show. 

By sixth grade, the difference was even starker: Students who had attended pre-K performed worse on standardized tests, had more disciplinary issues, and were more likely to be sent to special education services.

The study’s authors have not sugar-coated the results: “At least for poor children, it turns out that something is not better than nothing,” Dale Farran, a Vanderbilt University professor who worked on the study, told education news organization the Hechinger Report, in a report on the study’s findings.

Farran singled out the damage that state-run pre-K systems are doing to poor children, ostensibly the primary beneficiaries of this sort of program. In addition, Farran tells the Hechinger Report that the study design should rule out unique factors, such as program quality or parental engagement, as the primary drivers of student performance issues. 

No study is perfect. But with a large study group, random assignment, and repeat check-ins over a long period of time, this is about as close as you’ll ever be able to come to determining causality in public policy research: This is strong evidence that the long-term student academic performance and behavioral problems were a result of enrollment in state-run pre-K.  

Nor are these study results completely unexpected. As Sam Hammond of the Niskanen Center notes on Twitter, other studies, including one of a comparable early childhood education program in Quebec, have found “lasting negative cognitive and noncognitive impacts from pre-k.” This sort of state-run pre-K is bad for children. 

There was, however, one group who appeared to benefit from the program: teachers employed by the program. In the Hechinger Report article, Farran notes that the Tennessee pre-K system offered retirement and health care benefits as well as salaries to match the state’s public school teachers, making the program’s compensation relatively generous compared to many other state-run pre-K programs. As is far too often the case, especially in education, a state program benefited public employees at the expense of children. Biden’s proposed preschool program is not entirely focused on funding this sort of pre-K, but it would almost certainly end up funding more failed, flawed programs like this one. 

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Boston Man Kicked Off Heart Transplant List For Not Being Vaccinated

Boston Man Kicked Off Heart Transplant List For Not Being Vaccinated

Authored by Steve Watson via Summit News,

A Boston man has been shunted from the top of a heart transplant list with doctors saying that it is because he refused to take the COVID vaccine, and thus has less chance of survival.

CBS Boston reports that DJ Furguson was on the waiting list to receive a heart at Brigham and Women’s Hospital in Boston, but has since been taken off it.

Furguson’s father told reporters that the COVID vaccine is “kind of against his basic principles, he doesn’t believe in it. It’s a policy they are enforcing and so because he won’t get the shot, they took him off the list of a heart transplant.”

“My son has gone to the edge of death to stick to his guns and he’s been pushed to the limit,” Mr Furguson added.

“We are aggressively pursuing all options, but we are running out of time,” he continued, adding “I think my boy is fighting pretty damn courageously and he has integrity and principles he really believes in and that makes me respect him all the more.”

“It’s his body. It’s his choice,” Mr Furguson asserted.

A hospital spokesperson told The New York Post “We do everything we can to ensure that a patient who receives a transplanted organ has the greatest chance of survival,” adding “Our Mass General Brigham healthcare system requires several CDC-recommended vaccines, including the COVID-19 vaccine, and lifestyle behaviors for transplant candidates to create both the best chance for a successful operation and to optimize the patient’s survival after transplantation, given that their immune system is drastically suppressed.”

“Patients are not active on the waitlist without this,” the spokesperson added.

A GoFundMe campaign has been setup for Furguson and has so far pulled in over $42,000 at time of writing.

DJ’s wife Amanda posted an update, noting that her husband “went through all the testing to be put on the transplant list and passed with flying colors since he’s young and healthy aside from the heart failure. With that being said he was accepted to be a candidate for heart transplant.”

She continues, “The vaccine typically causes swelling in the heart (usually temporary for most people no big deal right?) But in DJs case he can NOT afford for his heart to swell any more than it already is right now. He is at extremely high risk of sudden death if it does. We have had many conversations with the doctors, who confirmed that his heart COULD swell and go into severe crisis but they can’t guarantee anything and it’s a choice we will have to make if he wants to be listed.”

“We are devastated. We can’t even process this,” she continues, adding “I haven’t even found the courage to sit down with my son and explain what is happening to his father. I can not even start to describe the pain we are all going through.”

*  *  *

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Tyler Durden
Wed, 01/26/2022 – 15:39

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NY Can’t Teach Kids To Read on $30,000 a Year


8165962_16x9

One of the perennial defenses of mediocre public K-12 schools is that they just don’t have enough money to work with. Liberal groups like The Center for American Progress routinely put out videos like this one denouncing the “underfunding of K-12 schools” that call for more and more money to be spent.

I don’t know about you, but when I hear the phrase the underfunding of schools, my head explodes. Not because I dislike kids or public schools; my two sons exclusively attended public schools. What gets my goat is the demonstrably false idea that schools are being starved for resources. Tax revenue per student in public K-12 schools is up 24 percent nationally over the past two decades, and that takes inflation into account.

In New York, where I live, real per-pupil revenue has increased by a mind-boggling 68 percent between 2002 and 2019. Public schools in the Empire State are now shelling out more than $30,000 per kid. That’s more than double the national average, and it doesn’t even include the $16 billion extra that New York’s system got in combined federal and state COVID-19 relief funding.

Yet New York’s public schools are still as terrible as the Mets, the Jets, and the Giants, with only a third or fewer of students up to grade level in eighth grade reading and math, according to their scores on the National Assessment of Educational Progress (NAEP), widely considered the gold standard for judging school outcomes. Those scores aren’t much different than they were 20 years ago.

In fact, $30,000 a year puts the lie to the argument pushed by unions and progressives that more money will fix schools. More money hasn’t helped the rest of the country boost their scores either. According to NAEP, whatever minor improvements in reading and math that were made for students ages 9 and 13 since the early 1970s have flattened since the early 2000s. We’re paying more for the same results.

None of this is a mystery. The connection between bigger spending and good outcomes is weak at best, whether we’re talking about comparisons among U.S. states or international ones

Certainly the new money for New York hasn’t gone to fundamentally reform what gets taught, or how, or under what circumstances. According to a report on spending trends in the 21st century by my colleagues at the Reason Foundation (which publishes this website), overall teacher compensation is way up in New York, especially when it comes to benefits like health insurance and pensions, which have grown by 147 percent. Nationwide, a dozen states increased spending on benefits for teachers by over 100 percent and only three states kept the increase below 10 percent. Costs for things like administration, support staff, and transportation are up another 24 percent. Just to reiterate: All these figures are adjusted for inflation. 

Dumping more money into a broken system is like trying to fix a leaky pipe by pouring more water into it. What needs to happen is a revolution in how education is conceived and delivered. Over the past 20 years, New York has allowed publicly funded charter schools to operate, which is a good thing because it allows for experimentation while insisting on accountability. Unlike conventional public schools that get students (and funding) assigned to them based on their addresses, charters must attract and keep students in order to stay in business. They start with zero dollars to spend. The best charters have massive wait lists even though they get less money per student than traditional public schools. Charters in New York City, for instance, get about 20 percent fewer dollars per kid than typical public schools.

But instead of expanding the number of charters, New York, like most states, caps it. According to the state’s official data, there are just 359 charters compared to 4,411 public schools. Worse, New York doesn’t allow education savings accounts (ESAs), tax-credit scholarships, and vouchers that would allow more families to escape traditional public schools and pick where their kids go to learn. 

Increasing the amount and variety of school choice, though, is exactly what New York and the country need to be doing (kudos to the 18 states that have started or expanded choice programs). We’re not going to seriously improve educational outcomes for our kids if we don’t fundamentally change how we educate them.

When you look back 20 years, virtually every other service in our lives—from coffee drinks to media to medicine—has gone through multiple revolutions in terms of what’s available and the quality of what’s being offered. Everything becomes more geared toward the individual, more responsive, and usually not just cheaper in real terms, but better too. This is obviously true when it comes to things like food and consumer electronics but it’s also true of big-ticket items like cars, which cost the same as they did 20 years ago in inflation-adjusted dollars (but are massively superior today). Overall, medical costs are up, but think about how much better the variety and quality is. 

Public K-12 education is among the very few things that is still basically the same as it was when today’s parents and grandparents were in school. The only difference is the price tag, which just keeps going up and up.

Written by Nick Gillespie. Produced by Regan Taylor.

Photo Credits: Menetekel, Public domain, via Wikimedia Commons; JIM RUYMEN/UPI/Newscom; Internet Archive; Mark Hertzberg/ZUMAPRESS/Newscom; Maryland GovPics, CC BY 2.0, via Wikimedia Commons; Jim.henderson, CC0, via Wikimedia Commons; Rick Davis / SplashNews/Newscom; Lev Radin/Sipa USA/Newscom; Richard B. Levine/Newscom; Sportswire/Newscom; All-Pro Reels, CC BY-SA 2.0, via Wikimedia Commons

Music Credits: “Baseball,” (Instrumental Version) by Dani Jalali via Artlist; “Rancid Life,” (Short Version) by The Mind Sweepers via Artlist

 

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Shooting the Guns You Can’t (Realistically) Own at the Gun Industry’s Range Day


Stephen Gutowski shoots a machine gun

Very few people in the U.S. have had the experience of firing a fully automatic firearm, since even in a country awash in hundreds of millions of legal firearms, only a few hundred thousand are capable of full-auto firing. For the average person to own one requires extensive government paperwork and fees on top of the artificially inflated five- or six-figure price tag for the guns themselves. Realistically, it’s not possible for all but the richest shooters.

SHOT Show, the world’s biggest gun show, descended on Las Vegas in January after a pandemic-induced year off. Before the buyers scurried around the floor of the Venetian Expo trying to secure stock from salesmen with fewer offerings than in years past, many made their way to a massive outdoor range to test out the offerings. I went along with them.

The desert range was more deserted than usual thanks to many of the biggest gun companies being scared off by the omicron COVID variant. The ammo shortage was evident too, even at the industry’s own trade show. What used to be 20- or 30-round demos were cut to five or 10.

A few of the full-autos were there as demos for law enforcement or military buyers who are, as is often the case with gun laws, exempted from the full-auto ban enforced against everyone else. Many were meant in essence to say to normal gun enthusiasts, “Hey, look at this cool gun. Don’t you wish you could own this? Anyway, when you’re done with the fun gun, here’s what you can actually buy.”

Some available to shoot are standard full-auto versions of guns that are also popular in their semi-automatic configurations—the cousins of guns like the AR-15, AK-47, or Ruger 10/22 but with that one extra position on the safety selector which lets you fire multiple rounds with one trigger-pull and thus turn the fun up to 11. Don’t underestimate how fascinating a full-auto 22 LR can be to shoot—it’s like a grown-up version of those full-auto BB guns you use to blast out the paper with the red star at the boardwalk.

Then you get into the belt-fed guns: higher-caliber machine guns designed to be fired from a bipod or tripod. These get more fun the faster the rate of fire and the bigger the round–though, in my opinion, a bigger round beats a faster rate of fire. The Minigun is hell of a lot of fun for the half second or so it takes to spit 100 rounds, but it can’t match what it’s like to fire John Moses Browning’s Ma Deuce in an enclosed range—the concussion of every round fired rattles everything in you.

But the short-barrel rifles provide the special thrill of shouldering a machine gun, and that’s how you experience the full force of what a weapon does as you hold down that trigger and blow $50 of ammunition in the blink of an eye. Shorter barrels have the added effect of making the muzzle blast bigger and much closer to you, amping up the splash of fire and heat you get to feel.

A short-barrel AR without a flash suppressor, though? That may be my dream full-auto. While my writing about guns professionally often affords me the opportunity to shoot them, a writers’ salary means I’ll likely never be able to actually own one of those guns. 

That’s because of the National Firearms Act of 1934 (NFA).

The NFA was passed in response to the crimes of famous gangsters such as Al Capone, John Dillinger, and the aptly-named Machine Gun Kelly. It was an early 20th century attempt to ban certain kinds of guns and accessories by registering and taxing them out of existence. It instituted a $200 tax—over $4,000 in today’s money—on all silencers, short-barreled shotguns and rifles, and any gun capable of fully automatic fire.

The government then created a registry overseen by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) to enforce the tax—a bureaucracy that can take upward of nine months to process an application. Anyone who does register a machine gun with the ATF must also agree to random searches of the property where it’s registered. 

The $200 tax stamp is more manageable today since Congress didn’t pin its cost to inflation. Registration of NFA items such as silencers have skyrocketed to more than 2.6 million as of last year. But a 1986 amendment has prevented the same outcome for machine guns.

That year, the Senate attached a machine gun ban to the Firearm Owners Protection Act. Newly produced machine guns can no longer be sold or transferred to civilians so that law effectively permanently restricted the available pool of transferable machine guns to a few hundred thousand.

The ATF currently reports having 741,146 machine guns in their registry. However, a 1994 Department of Justice (DOJ) report shows only around 240,000 registered machine guns nearly a decade after the new sales ban went into place. That suggests more than half a million of the registered machine guns aren’t actually transferable to normal civilians and are likely owned by law enforcement agencies or gun dealers with special licenses (some of whom will rent them out to civilians on a per-shot basis).

Severely restricting the supply has naturally sent the price of machine guns into the stratosphere. It’s extremely difficult for a civilian, even one with no criminal record and the patience to go through the monthslong registration process, to buy any fully automatic gun. The very cheapest ones on the open market go for around $10,000. A gun that’s little more than a metal tube and a spring which initially cost a few hundred dollars to produce can go for over $13,000.

A civilian can build a semi-automatic AR-15 from parts for around $600. A fully-automatic M-16 or M-4, which shares nearly the same design but has a different fire-control mechanism starts at around $25,000. Prices only go up from there. Thus a gun that costs a few hundred dollars to build can sell for as much as a luxury car or even an exotic supercar

As with most gun regulations, there are workarounds to get something like the full-auto experience without spending your life savings or registering with the government. Recently-banned bump stocks help a shooter harness the recoil of a round going off to more quickly press a semi-automatic’s trigger and fire rounds in much quicker succession than traditional shooting methods. Binary triggers accomplish the same effect by using both the pull of the trigger and its release to fire a round.

Each method gets closer to the firing rate of slower full-auto guns, and bump firing can even be accomplished without a stock or any specialized equipment. But neither is as controllable or, ultimately, as fun as true full-auto fire.

Explaining how fun full-auto guns are to shoot isn’t likely to convince many gun-control activists they ought to be made legal. The idea that a free citizenry should have access to the same weapons its soldiers do, at least at the individual level, is even less amenable to most who favor stricter gun regulations.

But how much good, even in gun-controller terms, has the ban on full-auto guns accomplished? That’s a lot harder to answer. I’m not aware of any data that suggest many crimes were committed with registered machine guns between 1934 and the 1986 ban. There also isn’t great data on how often machine guns, or their workaround devices, are actually used in crimes since that ban. 

The ATF doesn’t report how many crimes are committed each year with registered machine guns. Though the DOJ reported only .1 percent of traces in 1994 involved machine guns and “other” guns, even that report doesn’t separate illegally unregistered machine guns from legally registered ones. 

Similarly, the ATF told the Washington Free Beacon in 2017 there are only about 44 prosecutions per year involving silencers. This has led some within the ATF to call for removing the sound-suppressing devices from the NFA’s purview. Ronald Turk, an associate deputy director at the ATF, wrote in a 2017 internal memo leaked to the press that “given the lack of criminality associated with silencers, it is reasonable to conclude that they should not be viewed as a threat to public safety necessitating [National Firearms Act] classification, and should be considered for reclassification under the [Gun Control Act].” Since machine guns appear to be even less commonly used in crimes than silencers, his logic could be applied to them as well.

That logic can cut both ways, though. If NFA detractors can argue the lack of crime committed by those weapons is proof that the law only burdens the law-abiding, NFA boosters can say that lack of crime is proof the law’s regulations work very well and should be extended to other guns such as the semi-automatic AR-15 or perhaps even every gun. That’s despite the fact that rifles outside the NFA, which AR-15s are only a subset of, are already rarely used in crime: Recent FBI reports indicate only about 300 of the 15,000 or so murders per year involve a rifle. NFA proponents would surely argue that number could be brought down even further if fewer people owned them with far greater government oversight.

Machine guns are not commonly used in crimes, especially ones that aren’t registration violations. But they have been used in some high-profile acts of mayhem, including a pair of robbers who used ARs and AKs illegally modified for fully automatic fire in a failed 1997 bank robbery attempt in North Hollywood. The two fired 1,100 rounds and injured 20 people before being killed by police.

Full-auto workarounds were also involved in one of the most high-profile shootings in American history. A shooter used ARs equipped with bump-fire stocks to kill 58 people at a 2017 music festival in Las Vegas. It is the only instance of bump-fire stock being used to commit a crime and it’s not clear how much bump firing actually added to the carnage, but it tarnished the devices enough that Donald Trump’s administration outlawed not only their sale but also their possession.

Binary triggers and other workarounds are very likely to attract further attention during the Biden administration, which is already taking a more aggressive approach to regulating devices that operate in the NFA’s gray area. President Joe Biden is currently working toward unilaterally banning pistol brace devices the ATF used to say complied with the NFA, but now say are designed to circumvent the law’s ban on short-barreled rifles; millions of those devices must be either registered or destroyed if the proposed rule is adopted.

So, while they lack a treasured place in a crook’s arsenal, If you want to own a machine gun or even something remotely like it, it’s probably not going to happen anytime soon—even if you make a decent living and have never committed a crime.

If you can manage to get an invite to the gun industry’s next range day to experience them, this shooter advises you: Definitely take it.

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No SWIFT, No Gas: Russia Responds To Western Threats As US Tries To Orchestrate Workaround

No SWIFT, No Gas: Russia Responds To Western Threats As US Tries To Orchestrate Workaround

While the situation along the Ukrainian border appears to be deescalating – aside from US/UK’s panic coalition, a top Russian official says that if the West follows through on a threat to cut the Kremlin off from the SWIFT payment system, Europe won’t receive Russian oil, gas, or metals.

Vladimir Putin signs a natural gas pipeline in the Russian Far East city of Vladivostok on September 8, 2011. (DMITRY ASTAKHOV/AFP/Getty Images)

On Tuesday, British Prime Minister Boris Johnson said he was in discussions to ban Russia from the Swift global payments system with the United States, calling it a “very potent weapon.”

“I’m afraid it can only really be deployed with the assistance of the United States though. We are in discussions about that,” he added.

Nikolay Zhuravlev, Vice Speaker of the Federation Council, responded to Johnson’s threat – telling Russia’s state-owned TASS that Europe would suffer the consequences of such a move.

SWIFT is a settlement system, it is a service. Therefore, if Russia is disconnected from SWIFT, then we will not receive [foreign] currency, but buyers, European countries in the first place, will not receive our goods – oil, gas, metals and other important components of their imports. Do they need it? I am not sure,” said Zhuravlev – who noted that while SWIFT is convenient and fast – it’s not the only game in town when it comes to financial transactions.

“SWIFT is a European company, an association which involves a lot of countries. To make a decision on disconnection, a single decision of all participating countries is required. The decisions of the United States and the UK are definitely not enough. I’m not sure that other countries, especially those in which the share of trade with Russia is significant will support the shutdown,” he continued.

In recent years, Brussels regularly raises the topic of disconnecting Russia from SWIFT amid aggravation of relations between Moscow and the West. For the first time, the European Parliament called on disconnecting the Russian Federation from the interbank payment system in 2014 in a resolution adopted after the reunification of Crimea with Russia. -TASS

The United States, meanwhile, is in talks with major energy-producing countries and companies worldwide to line up a backup plan to provide Europe with energy if Russia invades Ukraine, according to Reuters, citing senior Biden administration officials.

We’ve been working to identify additional volumes of non- Russian natural gas from various areas of the world; from North Africa and the Middle East to Asia and the United States,” said a senior administration official on condition of anonymity, adding “Correspondingly, we’re … in discussions with major natural gas producers around the globe to understand their capacity and willingness to temporarily surge natural gas output and to allocate these volumes to European buyers.”

Reuters reported earlier this month that State Department officials were discussing contingency plans with energy companies to ensure stable supplies to Europe if conflict between Russia and Ukraine disrupted Russian supplies.

The White House’s plan is complicated by the fact that the world’s LNG producers are already churning out as much as they possibly can. Reuters reported that the companies contacted told the U.S. government officials that global gas supplies are tight and that there is little available to substitute large volumes from Russia. -Reuters

That said, the situation in Ukraine appears to be deescalating as we noted on Tuesday, following a number of rapid developments which have seen lead NATO countries break from the more bellicose and threatening tone of the United States and UK.

To wit, after Germany’s neutrality toward the Russia-Ukraine crisis became apparent, Sweden became the latest to follow its lead of forbidding arms transfers to Kiev, while Croatia is out with a firm statement saying it will recall all of its troops from NATO in the event of war. 

This followed on the heels of Ukrainian President Volodymyr Zelensky announcing that circumstances in the region are now “under control” and that there’s “no reason to panic” according to The Associated Press.

It appears the earlier hyped messages of an ‘imminent Russian invasion’ have backfired, as Ukraine officials have now turned to castigating the media for spreading a sense of overblown panic and doom among the population. Defense Minister Oleksii Reznikov went so far as to say the threat of a Russian invasion “doesn’t exist” despite there still being “risky scenarios”. Other Ukraine defense officials have echoed this as well…

Hunter Biden’s Ukrainian associates must be pissed!

Tyler Durden
Wed, 01/26/2022 – 15:20

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NY Can’t Teach Kids To Read on $30,000 a Year


8165962_16x9

One of the perennial defenses of mediocre public K-12 schools is that they just don’t have enough money to work with. Liberal groups like The Center for American Progress routinely put out videos like this one denouncing the “underfunding of K-12 schools” that call for more and more money to be spent.

I don’t know about you, but when I hear the phrase the underfunding of schools, my head explodes. Not because I dislike kids or public schools; my two sons exclusively attended public schools. What gets my goat is the demonstrably false idea that schools are being starved for resources. Tax revenue per student in public K-12 schools is up 24 percent nationally over the past two decades, and that takes inflation into account.

In New York, where I live, real per-pupil revenue has increased by a mind-boggling 68 percent between 2002 and 2019. Public schools in the Empire State are now shelling out more than $30,000 per kid. That’s more than double the national average, and it doesn’t even include the $16 billion extra that New York’s system got in combined federal and state COVID-19 relief funding.

Yet New York’s public schools are still as terrible as the Mets, the Jets, and the Giants, with only a third or fewer of students up to grade level in eighth grade reading and math, according to their scores on the National Assessment of Educational Progress (NAEP), widely considered the gold standard for judging school outcomes. Those scores aren’t much different than they were 20 years ago.

In fact, $30,000 a year puts the lie to the argument pushed by unions and progressives that more money will fix schools. More money hasn’t helped the rest of the country boost their scores either. According to NAEP, whatever minor improvements in reading and math that were made for students ages 9 and 13 since the early 1970s have flattened since the early 2000s. We’re paying more for the same results.

None of this is a mystery. The connection between bigger spending and good outcomes is weak at best, whether we’re talking about comparisons among U.S. states or international ones

Certainly the new money for New York hasn’t gone to fundamentally reform what gets taught, or how, or under what circumstances. According to a report on spending trends in the 21st century by my colleagues at the Reason Foundation (which publishes this website), overall teacher compensation is way up in New York, especially when it comes to benefits like health insurance and pensions, which have grown by 147 percent. Nationwide, a dozen states increased spending on benefits for teachers by over 100 percent and only three states kept the increase below 10 percent. Costs for things like administration, support staff, and transportation are up another 24 percent. Just to reiterate: All these figures are adjusted for inflation. 

Dumping more money into a broken system is like trying to fix a leaky pipe by pouring more water into it. What needs to happen is a revolution in how education is conceived and delivered. Over the past 20 years, New York has allowed publicly funded charter schools to operate, which is a good thing because it allows for experimentation while insisting on accountability. Unlike conventional public schools that get students (and funding) assigned to them based on their addresses, charters must attract and keep students in order to stay in business. They start with zero dollars to spend. The best charters have massive wait lists even though they get less money per student than traditional public schools. Charters in New York City, for instance, get about 20 percent fewer dollars per kid than typical public schools.

But instead of expanding the number of charters, New York, like most states, caps it. According to the state’s official data, there are just 359 charters compared to 4,411 public schools. Worse, New York doesn’t allow education savings accounts (ESAs), tax-credit scholarships, and vouchers that would allow more families to escape traditional public schools and pick where their kids go to learn. 

Increasing the amount and variety of school choice, though, is exactly what New York and the country need to be doing (kudos to the 18 states that have started or expanded choice programs). We’re not going to seriously improve educational outcomes for our kids if we don’t fundamentally change how we educate them.

When you look back 20 years, virtually every other service in our lives—from coffee drinks to media to medicine—has gone through multiple revolutions in terms of what’s available and the quality of what’s being offered. Everything becomes more geared toward the individual, more responsive, and usually not just cheaper in real terms, but better too. This is obviously true when it comes to things like food and consumer electronics but it’s also true of big-ticket items like cars, which cost the same as they did 20 years ago in inflation-adjusted dollars (but are massively superior today). Overall, medical costs are up, but think about how much better the variety and quality is. 

Public K-12 education is among the very few things that is still basically the same as it was when today’s parents and grandparents were in school. The only difference is the price tag, which just keeps going up and up.

Written by Nick Gillespie. Produced by Regan Taylor.

Photo Credits: Menetekel, Public domain, via Wikimedia Commons; JIM RUYMEN/UPI/Newscom; Internet Archive; Mark Hertzberg/ZUMAPRESS/Newscom; Maryland GovPics, CC BY 2.0, via Wikimedia Commons; Jim.henderson, CC0, via Wikimedia Commons; Rick Davis / SplashNews/Newscom; Lev Radin/Sipa USA/Newscom; Richard B. Levine/Newscom; Sportswire/Newscom; All-Pro Reels, CC BY-SA 2.0, via Wikimedia Commons

Music Credits: “Baseball,” (Instrumental Version) by Dani Jalali via Artlist; “Rancid Life,” (Short Version) by The Mind Sweepers via Artlist

 

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Shooting the Guns You Can’t (Realistically) Own at the Gun Industry’s Range Day


Stephen Gutowski shoots a machine gun

Very few people in the U.S. have had the experience of firing a fully automatic firearm, since even in a country awash in hundreds of millions of legal firearms, only a few hundred thousand are capable of full-auto firing. For the average person to own one requires extensive government paperwork and fees on top of the artificially inflated five- or six-figure price tag for the guns themselves. Realistically, it’s not possible for all but the richest shooters.

SHOT Show, the world’s biggest gun show, descended on Las Vegas in January after a pandemic-induced year off. Before the buyers scurried around the floor of the Venetian Expo trying to secure stock from salesmen with fewer offerings than in years past, many made their way to a massive outdoor range to test out the offerings. I went along with them.

The desert range was more deserted than usual thanks to many of the biggest gun companies being scared off by the omicron COVID variant. The ammo shortage was evident too, even at the industry’s own trade show. What used to be 20- or 30-round demos were cut to five or 10.

A few of the full-autos were there as demos for law enforcement or military buyers who are, as is often the case with gun laws, exempted from the full-auto ban enforced against everyone else. Many were meant in essence to say to normal gun enthusiasts, “Hey, look at this cool gun. Don’t you wish you could own this? Anyway, when you’re done with the fun gun, here’s what you can actually buy.”

Some available to shoot are standard full-auto versions of guns that are also popular in their semi-automatic configurations—the cousins of guns like the AR-15, AK-47, or Ruger 10/22 but with that one extra position on the safety selector which lets you fire multiple rounds with one trigger-pull and thus turn the fun up to 11. Don’t underestimate how fascinating a full-auto 22 LR can be to shoot—it’s like a grown-up version of those full-auto BB guns you use to blast out the paper with the red star at the boardwalk.

Then you get into the belt-fed guns: higher-caliber machine guns designed to be fired from a bipod or tripod. These get more fun the faster the rate of fire and the bigger the round–though, in my opinion, a bigger round beats a faster rate of fire. The Minigun is hell of a lot of fun for the half second or so it takes to spit 100 rounds, but it can’t match what it’s like to fire John Moses Browning’s Ma Deuce in an enclosed range—the concussion of every round fired rattles everything in you.

But the short-barrel rifles provide the special thrill of shouldering a machine gun, and that’s how you experience the full force of what a weapon does as you hold down that trigger and blow $50 of ammunition in the blink of an eye. Shorter barrels have the added effect of making the muzzle blast bigger and much closer to you, amping up the splash of fire and heat you get to feel.

A short-barrel AR without a flash suppressor, though? That may be my dream full-auto. While my writing about guns professionally often affords me the opportunity to shoot them, a writers’ salary means I’ll likely never be able to actually own one of those guns. 

That’s because of the National Firearms Act of 1934 (NFA).

The NFA was passed in response to the crimes of famous gangsters such as Al Capone, John Dillinger, and the aptly-named Machine Gun Kelly. It was an early 20th century attempt to ban certain kinds of guns and accessories by registering and taxing them out of existence. It instituted a $200 tax—over $4,000 in today’s money—on all silencers, short-barreled shotguns and rifles, and any gun capable of fully automatic fire.

The government then created a registry overseen by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) to enforce the tax—a bureaucracy that can take upward of nine months to process an application. Anyone who does register a machine gun with the ATF must also agree to random searches of the property where it’s registered. 

The $200 tax stamp is more manageable today since Congress didn’t pin its cost to inflation. Registration of NFA items such as silencers have skyrocketed to more than 2.6 million as of last year. But a 1986 amendment has prevented the same outcome for machine guns.

That year, the Senate attached a machine gun ban to the Firearm Owners Protection Act. Newly produced machine guns can no longer be sold or transferred to civilians so that law effectively permanently restricted the available pool of transferable machine guns to a few hundred thousand.

The ATF currently reports having 741,146 machine guns in their registry. However, a 1994 Department of Justice (DOJ) report shows only around 240,000 registered machine guns nearly a decade after the new sales ban went into place. That suggests more than half a million of the registered machine guns aren’t actually transferable to normal civilians and are likely owned by law enforcement agencies or gun dealers with special licenses (some of whom will rent them out to civilians on a per-shot basis).

Severely restricting the supply has naturally sent the price of machine guns into the stratosphere. It’s extremely difficult for a civilian, even one with no criminal record and the patience to go through the monthslong registration process, to buy any fully automatic gun. The very cheapest ones on the open market go for around $10,000. A gun that’s little more than a metal tube and a spring which initially cost a few hundred dollars to produce can go for over $13,000.

A civilian can build a semi-automatic AR-15 from parts for around $600. A fully-automatic M-16 or M-4, which shares nearly the same design but has a different fire-control mechanism starts at around $25,000. Prices only go up from there. Thus a gun that costs a few hundred dollars to build can sell for as much as a luxury car or even an exotic supercar

As with most gun regulations, there are workarounds to get something like the full-auto experience without spending your life savings or registering with the government. Recently-banned bump stocks help a shooter harness the recoil of a round going off to more quickly press a semi-automatic’s trigger and fire rounds in much quicker succession than traditional shooting methods. Binary triggers accomplish the same effect by using both the pull of the trigger and its release to fire a round.

Each method gets closer to the firing rate of slower full-auto guns, and bump firing can even be accomplished without a stock or any specialized equipment. But neither is as controllable or, ultimately, as fun as true full-auto fire.

Explaining how fun full-auto guns are to shoot isn’t likely to convince many gun-control activists they ought to be made legal. The idea that a free citizenry should have access to the same weapons its soldiers do, at least at the individual level, is even less amenable to most who favor stricter gun regulations.

But how much good, even in gun-controller terms, has the ban on full-auto guns accomplished? That’s a lot harder to answer. I’m not aware of any data that suggest many crimes were committed with registered machine guns between 1934 and the 1986 ban. There also isn’t great data on how often machine guns, or their workaround devices, are actually used in crimes since that ban. 

The ATF doesn’t report how many crimes are committed each year with registered machine guns. Though the DOJ reported only .1 percent of traces in 1994 involved machine guns and “other” guns, even that report doesn’t separate illegally unregistered machine guns from legally registered ones. 

Similarly, the ATF told the Washington Free Beacon in 2017 there are only about 44 prosecutions per year involving silencers. This has led some within the ATF to call for removing the sound-suppressing devices from the NFA’s purview. Ronald Turk, an associate deputy director at the ATF, wrote in a 2017 internal memo leaked to the press that “given the lack of criminality associated with silencers, it is reasonable to conclude that they should not be viewed as a threat to public safety necessitating [National Firearms Act] classification, and should be considered for reclassification under the [Gun Control Act].” Since machine guns appear to be even less commonly used in crimes than silencers, his logic could be applied to them as well.

That logic can cut both ways, though. If NFA detractors can argue the lack of crime committed by those weapons is proof that the law only burdens the law-abiding, NFA boosters can say that lack of crime is proof the law’s regulations work very well and should be extended to other guns such as the semi-automatic AR-15 or perhaps even every gun. That’s despite the fact that rifles outside the NFA, which AR-15s are only a subset of, are already rarely used in crime: Recent FBI reports indicate only about 300 of the 15,000 or so murders per year involve a rifle. NFA proponents would surely argue that number could be brought down even further if fewer people owned them with far greater government oversight.

Machine guns are not commonly used in crimes, especially ones that aren’t registration violations. But they have been used in some high-profile acts of mayhem, including a pair of robbers who used ARs and AKs illegally modified for fully automatic fire in a failed 1997 bank robbery attempt in North Hollywood. The two fired 1,100 rounds and injured 20 people before being killed by police.

Full-auto workarounds were also involved in one of the most high-profile shootings in American history. A shooter used ARs equipped with bump-fire stocks to kill 58 people at a 2017 music festival in Las Vegas. It is the only instance of bump-fire stock being used to commit a crime and it’s not clear how much bump firing actually added to the carnage, but it tarnished the devices enough that Donald Trump’s administration outlawed not only their sale but also their possession.

Binary triggers and other workarounds are very likely to attract further attention during the Biden administration, which is already taking a more aggressive approach to regulating devices that operate in the NFA’s gray area. President Joe Biden is currently working toward unilaterally banning pistol brace devices the ATF used to say complied with the NFA, but now say are designed to circumvent the law’s ban on short-barreled rifles; millions of those devices must be either registered or destroyed if the proposed rule is adopted.

So, while they lack a treasured place in a crook’s arsenal, If you want to own a machine gun or even something remotely like it, it’s probably not going to happen anytime soon—even if you make a decent living and have never committed a crime.

If you can manage to get an invite to the gun industry’s next range day to experience them, this shooter advises you: Definitely take it.

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Tesla Earnings Preview: What To Watch For When The EV Maker Reports After The Bell Today

Tesla Earnings Preview: What To Watch For When The EV Maker Reports After The Bell Today

Tesla is set to report after the bell today, with the consensus EPS estimate at $2.36 and revenue estimated to come in at $16.65B. But this Q1 report may be more about the guidance than its Q4 numbers, since investors already know that the company beat expectations with deliveries during the quarter. 

Investors are going to be watching for “details about when production will begin at new factories in Austin and Berlin” and “sales projections for 2022 after the company surprised with record deliveries in the fourth quarter”, Bloomberg wrote Wednesday morning.

We reported that in Q4, Tesla gave up on $1.3 billion in German subsidies it had hoped for as part of the EV manufacturer’s new battery-cell plant in Brandenburg, close to Berlin. 

The company may also offer color and face questions on Elon Musk’s stock sales, which amounted to over $10 billion worth of Tesla stock heading into the end of 2021. 

Bloomberg estimates are also calling for Tesla’s Model Y to be the best-selling EV globally this year. We’ll take the under on those predictions.

Recall, the company just posted a record delivery quarter for Q4. For 2021, the automaker delivered “over 936,000” vehicles, per a company press release. Those numbers were up about 87% from the year prior. The report also reminded that Tesla has said “repeatedly it expects 50% annual increases in deliveries over a multi-year period”.

In addition to sales and deliveries, investors will likely be watching the company’s vehicle mix and how it affects ASP, which declined 6% YOY last quarter. 

It looks as though the phasing out of the Model S and the Model X is heading toward completion. Of the deliveries in the fourth quarter, 296,850 of them were Model 3 or Model Y vehicles, while just 11,750 were Model S or Model X vehicles.

Estimates had called for 12,719 Model S and X deliveries and 263,422 Model 3 and Y deliveries.

Investors may also be looking for color on a slew of recalls that occurred toward the end of last year, with the automaker recalling what amounted to hundreds of thousands of vehicles, stemming from from opening and closing the trunk lid that may damage the rearview camera cable harness and increase the risk of a crash. Tesla filed a recall with the National Highway Traffic Safety Administration (NHTSA) on Dec. 21 for 356,309 U.S. vehicles that could be prone to wiring harness damage, reports on Thursday morning revealed. 

There was also a recall of 119,009 2014-21 Model S U.S. vehicles that had a front trunk latch assembly possibly misaligned, preventing the secondary hood latch from engaging. 

Here’s what analysts were saying heading out of 2021 and into 2022, and their most recent expectations for Tesla:

Wedbush (outperform, PT $1,400)

  • Deliveries underpin electric- vehicle demand which looks “robust” for Tesla going into 2022, analyst Daniel Ives writes in a note
  • Says China demand is notable this quarter and “will be a focus for the bulls digesting these results”
  • Figures will improve sentiment for the EV industry as a whole, Ives writes

Jefferies (buy, PT $1,400)

  • Jefferies analysts including Philippe Houchois say “Tesla ended 2021 on a high”
  • Model S and Model X deliveries were “light due to capacity constraints” but Models 3 and Y over-compensated
  • Notes that deliveries exceeded production for the second quarter in a row

Cowen (market perform, PT $625)

  • “Tesla continues to shrug off the chip supply crunch and clearly has ramped Shanghai at breakneck speed”
  • However, Tesla will also need to successfully ramp up its new plants in Austin, Texas and Berlin, as well as maintain growth in China, for the stock to “continue to work” in 2022
  • Believes 2022 will be a more challenging year than 2021 due to increasing competition as Tesla’s existing vehicles get “long in the tooth”

Piper Sandler (overweight, PT $1,300)

  • Tesla’s 4Q run-rate suggests 2022 consensus is too low
  • Believes the company’s margins may also have ramped up substantially in the quarter
  • “Our estimates are biased higher”

For additional chuckles, just weeks ago, we also noted that Wedbush said Tesla was in a “clear position of strength” as an EV manufacturer.

Though nobody may be scrutinizing the report today more than Cathie Wood, who has Tesla as the top weighting in her ARK Innovation Fund (ARKK), which has started 2022 down over 20% after a similarly unpleasant end to 2021. 

Tyler Durden
Wed, 01/26/2022 – 15:00

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US Delivers Written Response To Russia’s Security Concerns: NATO’s Door Open To Ukraine

US Delivers Written Response To Russia’s Security Concerns: NATO’s Door Open To Ukraine

Russia has finally received its long awaited response to its security demands submitted to NATO and Washington earlier this month. Secretary of State Antony Blinken confirmed Wednesday that a US written response was hand-delivered to the Russian Ministry of Foreign Affairs by US Ambassador to Russia John Sullivan.

While the US response reportedly rejected Russia’s demand to bar Ukraine from NATO, it still according to Blinken’s words “sets out a serious diplomatic path forward should Russia choose it.” 

Blinken announced: “The document we’ve delivered includes concerns of the United States and our allies and partners about Russia’s actions that undermine security, a principled and pragmatic evaluation of the concerns that Russia has raised, and our own proposals for areas where we may be able to find common ground.”

Image: TASS

Blinken said he hopes to discuss the US response directly with Foreign Minister Sergey Lavrov in the coming days. But on the central issues of Russia’s requirement that NATO issue legal guarantees vowing no further expansion eastward, Blinken vowed the Western military alliance won’t budge, making clear that…

“From our perspective. I can’t be more clear — NATO’s door is open, remains open, and that is our commitment,” Blinken said.

“There will be no change,” he emphasized further. However, the written response could still serve to at least keep things on the diplomatic and negotiating playing field, as opposed to stoking further military build-up by both sides. 

But while Blinken seemed to ready to offer some level of overtures forming the basis of further negotiations, his deputy Wendy Sherman on Wednesday repeated some of the most dire accusations and warnings. 

She told a forum: “I have no idea whether he’s made the ultimate decision, but we certainly see every indication that he is going to use military force sometime perhaps (between) now and the middle of February.”

In the most specific prediction and timeframe offered so far by the administration thus far, Deputy Secretary of State Sherman gave an early to mid-February range of when the US thinks Russia will kick of a Ukraine offensive. Surprisingly and perhaps bizarrely, she made reference to China and the Olympic games, which starts of Feb. 4: 

“We certainly see every indication that he [Putin] is going to use military force sometime [in Ukraine], perhaps between between now and middle of February.” She added: “I think that probably [China’s] President Xi Jinping would not be ecstatic if he [Putin] chose that moment to invade Ukraine,” in reference to the start of the Beijing Winter Olympics.

Moscow has repeatedly denied that it has any invasion plans amid its troop build-up in its southern provinces and in Crimea. Increasingly, Ukraine leaders themselves have agreed that the hype surrounding the build-up is now outpacing the reality and immediate severity of the threat.

Tyler Durden
Wed, 01/26/2022 – 14:40

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