Originally published at: https://peakprosperity.com/daily-digest/shaping-food-narratives-feds-doomsday-powers-stir-debate/
The Food Culture Alliance is spearheading initiatives in Kenya, India, and Indonesia reportedly to address the intertwined challenges of climate change, food insecurity, and diet-related health issues. By leveraging the power of food culture, the Alliance aims to transform societal food preferences towards more sustainable and healthy choices, highlighting the role of culinary systems in enhancing resilience against food shocks and promoting global food security. “Shaping narratives around food” is a stated goal of the alliance.
Meanwhile, revelations about the Federal Reserve’s emergency powers, as detailed in the so-called “Doomsday Book,” have stirred concerns over the extent of the Fed’s authority during crises. The document, which outlines the Fed’s ability to act beyond legal constraints in emergencies, underscores the central bank’s reliance on precedent over explicit congressional approval. This has sparked debate over the balance of power and the potential for unchecked authority, with critics arguing that such powers could lead to an expansion of the Fed’s role without proper legislative oversight.
In the realm of labor and competition, the Federal Trade Commission (FTC) has issued a final rule banning noncompete clauses, a move that promises to reshape the American workforce landscape. This decision, aimed at fostering competition and innovation, is expected to liberate millions of workers from restrictive agreements that hinder job mobility and suppress wages. The rule, which has been met with both applause and opposition, is projected to spur economic dynamism by increasing earnings, reducing healthcare costs, and encouraging new business formation. However, the U.S. Chamber of Commerce’s planned lawsuit against the FTC’s rule underscores the contentious nature of this policy change and its implications for American businesses.
On the fiscal front, President Biden’s proposal to increase the top capital gains tax to 44.6%—potentially the highest in over a century—has ignited debate over tax policy and economic competitiveness. This proposal, part of Biden’s 2025 budget, aims to address wealth inequality but has raised concerns about its impact on small business owners and the broader economy. Critics argue that such a high tax rate, especially when combined with state capital gains taxes, could deter investment and hinder growth, comparing unfavorably with lower rates in other countries.
In a health-related development, U.S. agriculture officials have mandated bird flu virus testing for dairy cattle moving between states following the detection of virus remnants in milk samples. This federal order, aimed at safeguarding the milk supply and public health, reflects growing concerns over the spread of highly pathogenic avian influenza (HPAI) among cattle herds. Despite assurances that pasteurization likely inactivates the virus, the presence of HPAI in the dairy supply chain has prompted calls for increased vigilance and testing to ensure the safety of milk products.
Sources
The Food Culture Alliance: Shaping Narratives Around Food
In this light, the Food Culture Alliance developed a framework comprised of what it refers to as “levers of change” that highlight the strategies available to positively transform culture. These include “shaping narratives around food,” addressing social identity concepts inherent in food practices, changing belief systems, and strengthening culinary systems.
Source | Submitted by Shplad
Top Secret Federal Reserve Doomsday Book Revealed: Unveiling the Extent of the Federal Reserve’s Powers
The Federal Reserve’s powers are far greater than is commonly supposed. Power doesn’t disappear, it just shifts.
Source | Submitted by Sunbark
The Fed’s Doomsday Book: Revealing the Federal Reserve’s Emergency Powers
The Doomsday Book confirms what many Austrians and libertarians have said about the nature of government in crises.
Source | Submitted by Sunbark
Chamber of Commerce to Sue FTC, Vows to Block Ban on Noncompetes
The US Chamber of Commerce said it will sue the FTC in an effort to block the rule, claiming the ban is ‘a blatant power grab that will undermine American businesses’ ability to remain competitive.’
Source | Submitted by Shplad
Federal Trade Commission Bans Noncompetes Nationwide, Promoting Competition and Worker Freedom
The FTC’s final rule to ban noncompetes will ensure Americans have the freedom to pursue a new job, start a new business, or bring a new idea to market.
Source | Submitted by Wes Malott
President Biden Proposes Highest Top Capital Gains Tax in Over 100 Years
President Biden has formally proposed the highest top capital gains tax in over 100 years.
Source | Submitted by bcoop
Dairy Cattle Moving Between States Must Be Tested for Bird Flu Virus
“The risk to humans remains low,” said Dawn O’Connell of the federal Administration for Strategic Preparedness and Response.
Source | Submitted by bcoop