Book Bits | 18 February 2017

By Danielle DiMartino Booth Commentary by author via CNBC It’s no longer a secret that an abundance of anger is churning among many working men and women who feel they’ve been excluded by the current economic recovery and the longest span of job creation in postwar history. The funny thing about a sense of abandonment is that more often than not, anger follows.

The Estate Tax

“The man of great wealth owes a peculiar obligation to the State, because he derives special advantages from the mere existence of government. Not only should he recognize this obligation in the way he leads his daily life and in the way he earns and spends his money, but it should also be recognized by the way in which he pays for the protection the States gives him.”

Last Week’s Rare Bird Alert

Gov. Chris Sununu and HHS Commissioner Jeffrey Meyers detailed their multi-prong strategy Friday to make use of $6.3 million in federal grants over the next two years to fight the opioid epidemic.

Dish Network put on clock to activate unused spectrum

Dish Network Corp. spent more than $3 billion five years ago on a trove of radio frequencies to exploit the mobile video revolution that’s vanquishing traditional media services such as the company’s namesake satellite-TV product. But the radio waves sit idle, and the company led by its founder, billionaire Charlie Ergen, is running into government demands that it utilize the spectrum.

Joe Scarborough calls Trump a ‘fake president’ for calling…

Scarborough’s comments followed Trump’s earlier tweet against the news media in which he said, “The FAKE NEWS media is not my enemy, it is the enemy of the American People!” Trump’s words – his harshest yet toward journalists and, by extension, the First Amendment – were viewed as authoritarian in tone. It caps off what has been another tumultuous week for Trump, and marks the end of an equally stormy first month in the White House.

NH TV station sold to FCC for $100M, will go off air

A New Hampshire television station that debuted in 2014 has been sold at auction to the Federal Communications Commission for an estimated $100 million and will go off the air in the coming months. Bill Binnie of WBIN-TV said Friday that proceeds from the sale will be used by the company to acquire other media assets in digital, outdoor and radio areas.