William Katz:  Urgent Agenda

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SHORT TAKES ON THE DRIFTING WRECKAGE – AT 11:55 P.M. ET:

GOOD –FROM ABC NEWS:   Abortions are down to the lowest rate since the landmark case Roe v. Wade legalized a woman’s right to abortion in 1973, according to a new report from the Centers for Disease Control and Prevention.  From 2006 until 2015, the total number of reported abortions decreased by 24 percent — from more than 840,000 in 2006 to about 638,000 in 2015, the report found.  The CDC also focused on two other measures that reached their lowest level over the same time period: the total number of abortions in the population, or the abortion rate, which decreased 26 percent, and the proportion of all pregnancies that end in abortion rather than birth, or the abortion ratio, which decreased 19 percent.  The trend is good.  No matter how one feels about Roe, abortion is not a positive thing in itself.  It challenges the Biblical command to choose life.

DECENCY – FROM THE WASHINGTON FREE BEACON:   Exiled Chinese businessman Guo Wengui announced this week he is creating a $100 million fund to aid the victims of Chinese communist repression under current leader Xi Jinping.  Guo announced the creation of the fund, which will also be used to finance investigations into Chinese government financial activities and those of its supporters in the West, at press conference in New York City on Tuesday.  The former Chinese insider also revealed in a presentation for reporters details on the disappearance, imprisonment, or death of 56 prominent Chinese nationals, including the mysterious death in July of Wang Jian, one of China's wealthiest business leaders.  "A lot of people lost their freedom, a lot of people disappeared," Guo said through an interpreter. "What we see here is the tip of the iceberg."   If handled correctly, and with respect for civil liberties, this could be a step forward.  China is not our friend, and it must be resisted, even if that means a cold war.

THE MARCH OF SOCIALISM – FROM BLOOMBERG:   Venezuela’s fuel shortages are worsening as mass resignations at the state oil company’s tanker fleet have delayed gasoline shipments.  Petroleos de Venezuela SA’s refineries are running at less than a quarter of their capacity, forcing the country to rely on imported gasoline. Once the cargoes are unloaded at import docks, smaller ships distribute fuel to terminals along the coast, where its loaded on trucks to refuel inland stations. But as Venezuelan tankers lose engineers and helmsmen, delivery delays are becoming increasingly frequent, according to people with knowledge of the situation.  Gasoline lines are one of the challenges of daily life in Venezuela, along with the scarcity of basic goods, regular power outages and a lack of public transport. Gas prices are still the among the cheapest in the world, with the black market rate earlier this month less than one cent per gallon. Maduro has yet to increase prices after vowing to do so at the end of September.  Maybe we should send down some of those Hollywood actors who supported the Venezuelan socialist revolution.  They could pump oil and write checks.

November 23, 2018