Opinion

right side

‘Roaring economy,’ Trump policies, Bredesen senate bid examined

Unemployment drops. The dollar rises. The ruble collapses, as does the Russian stock market. Same in China. The yuan declines and the Shanghai index is down 20 percent since the first of the year, putting Chinese stocks in or near bear market territory.

Last week, the American president smacked Recep Erdogan, president of Turkey, with sanctions and tariffs after Erdogan played to his Islamist base by refusing to release an American pastor on trumped-up espionage charges. The Turkish lira imploded, interest rates rose to more than 20 percent and Turkey’s stock market accelerated a decline that has cut market capitalization in half over the past year.

America! Forgive my momentary jingoism but money talks and right now, at this moment, the U.S. economy is roaring and the world knows it. Hence, global funds are flowing into assets denominated in U.S. dollars. Is it sustainable? Who knows. But it is real-time reality.

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letter to the editor

Reader takes issue with U.S. Flag used as ‘wearing apparel’ in Aug. 2 f-press photo

It was with interest that I observed a picture on page 2B of the Aug. 2, 2018 “farragutpress” showing Mr. Lynn Fox during his presentation to the Farragut Lions Club on the history of the American Flag.

Obviously, Mr. Fox is not the expert on our nation’s standard as he presents himself. Had he been more knowledgeable he certainly would not have worn a representation of our flag as a shirt.

According to Title 4 of the United States Code, “the flag should not be used as ‘wearing apparel, bedding, or drapery,’ or for covering a speaker’s desk, draping a platform or for any decoration in general (exception for coffins).

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