Their voters are very sensitive, you know Fox knows they are awful people… New text messages revealed in Dominion Voting Systems’ $1.6 billion defamation lawsuit against Fox News showed a former Tucker Carlson producer trash the network’s audience. Newly revealed text messages show that Alex Pfeiffer, a former producer for “Tucker Carlson Tonight,” was uneasy about covering false election conspiracy theories purported by disgraced pro-Trump attorney Sidney Powell. Powell claimed to have an affidavit showing that a large number of votes had been covertly flipped by Dominion “at the direction” of former Venezuelan President Hugo Chavez, who died years earlier. Powell also said the voting software company had ties to the Clinton Foundation and Soros, claims which are also unfounded and untrue. The Washington Post reported that Fox executive and former Trump aide Raj Shah tried to play both sides when it came to covering Powell’s lies. When former New York mayor Rudy Giuliani, along with Powell, endorsed false election claims during a press conference on Nov 19, 2020, Carlson expressed doubts.
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The collapse of Silicon Valley Bank has many parents. Twitter is alight with fingers pointing at venture capitalists for starting a run against a bank whose many wealthy customers had deposits far in excess of the maximum that is guaranteed in the event of a bank failure ($250,000). Michael Hudson blames the aftermath of the … Continue reading "Silicon Valley Bank: The Fed’s Role in its Downfall"
May 24, 2018: President Donald Trump signed the biggest rollback of bank regulations since the global financial crisis into law Thursday. The measure designed to ease rules on all but the largest banks passed both chambers of Congress with bipartisan support. Backers say the legislation will lift burdens unnecessarily put on small and medium-sized lenders by the Dodd-Frank financial reform act and boost economic growth. Opponents, however, have argued the changes could open taxpayers to more liability if the financial system collapses or increase the chances of discrimination in mortgage lending. “Dodd-Frank was something they said could not be touched. And honestly, a lot of great Democrats knew that it had to be done and they joined us in the effort,” Trump said before he signed the bill, surrounded by lawmakers from both major parties. “And there is something so nice about bipartisan, and we’re going to have to try more of it. Let’s do more of it.” The measure eases restrictions on all but the largest banks.
This is so ridiculous I’m reluctant to even comment. But the sad fact is that there really is a convergence of some on the left and right, particularly on the issue of Russia and it’s starting to bleed into other areas. Sigh: When they take the microphones behind a DJ booth at the New York Young Republican Club party, Dasha Nekrasova and Anna Khachiyan have a less-than-captive audience. The event’s headliner, longtime Republican operative Roger Stone, has just finished speaking and is on his way to the bar to make martinis, setting off a small stampede of young conservatives. Nekrasova and Khachiyan, co-hosts of the podcast Red Scare, address the remaining crowd. “Hey, we’re all Republicans here,” Nekrasova says. “I’m a Democrat now,” Khachiyan deadpans. “Yeah, we’re actually Democrats.” “After tonight, I changed my mind. I am registering as a Democrat.
Pence fully breaks with Trump on J6 Pence is cruisin’ for a bruisin’: Former Vice President Mike Pence on Saturday harshly criticized former President Donald Trump for his role in the Jan. 6 riot at the U.S. Capitol, widening the rift between the two men as they prepare to battle over the Republican nomination in next year’s election. “President Trump was wrong,” Pence said during remarks at the annual white-tie Gridiron Dinner attended by politicians and journalists. “I had no right to overturn the election. And his reckless words endangered my family and everyone at the Capitol that day, and I know history will hold Donald Trump accountable.” Pence’s remarks were the sharpest condemnation yet from the once-loyal lieutenant who has often shied away from confronting his former boss. Trump has already declared his candidacy. Pence has not, but he’s been laying the groundwork to run. In the days leading up to Jan. 6, 2021, Trump pressured Pence to overturn President Joe Biden’s election victory as he presided over the ceremonial certification of the results.
Another Big Lie What an ass. I was reminded of this piece when I heard that Melania was actually the one who persuaded Trump to be seen with that dog. I know it’s the least of his problems, but his hatred for animals said everything about him: When Abu Bakr al-Baghdadi died following a raid by American special forces in his Syrian bolthole, Donald Trump was delighted to report, in October, that the Islamic State leader had “died like a dog”. You mean enfolded by love and grief, Mr President? You mean surrounded by human beings who feel like they have just had their hearts ripped out? Not quite. If anyone was in any doubt about how a dog dies, Trump was happy to elaborate: al-Baghdadi had “whimpered, cried and screamed like a coward”, he chortled. “[He] spent his last moments in utter fear, in total panic and dread!” But that is not how a dog dies, Mr President. There are almost 90 million dogs in the United States and all of their owners will have winced to hear their president gloating about how a dog slips this mortal coil.
What fresh hell is this? Is there even one political scandal of the past few years that Steve Bannon isn’t in the middle of? Jeffrey Epstein said in an unaired interview that he distanced himself from former President Donald Trump after realizing Trump was “a crook,” according to his brother, Mark Epstein. Mark Epstein told Insider he viewed a clip of the interview, conducted by Trump’s former White House advisor Steve Bannon, after his brother forwarded it to him in the spring of 2019. At the time, Bannon was conducting filmed interviews with the now-dead pedophile financier. Bannon sent Jeffrey Epstein a Dropbox link to a clip, which he forwarded to his brother. The link is no longer active, according to Mark. “Jeffrey showed me the link to one of these interviews,” Mark Epstein said. “And in that interview, Jeffrey said he stopped hanging out with Trump when he realized Trump was a crook.” Insider has not been able to independently view the video. Bannon could not be reached for comment.
This is a post from Michael Hudson. It will be posted later today on his site https://michael-hudson.com/, but the site admin is in Australia, and won’t be up for several hours. Since this is a fast moving story, Michael wanted his info up ASAP, hence this cross post. I do recommend that people follow Michael … Continue reading "Why the Banking System is Breaking Up"
An educational controversy Let’s break it down, my swing dance instructor used to say. We learned more complex moves not by watching him and his partner perform them over and over at music speed and trying to memorize the whole. We learned the move by reducing their actions to component parts. Do this, then this, then that. Where to put your weight on which foot. When to shift it — more subtle stuff than the eye could catch. I’m old. I learned to read decades earlier the same way with phonics. But sometime between then and now, the “whole word” method took hold. It’s been controversial. Controversial enough that the Washington Post Editorial Board saw fit to address it in its Sunday editorial: The so-called reading wars have been raging for decades now, sometimes pitting teachers against publishers or publishers against academicians — and also sometimes, as too many things do these days, pitting progressives against conservatives or Democrats against Republicans.
VC billionaires demand bailout … for the little people In the wake of the Silicon Valley Bank collapse, the squealing from the venture capitalist community will not stop until they get theirs. Of course, that’s not how they’re selling their demands. But as with the 2008 financial collapse, the Randian elites are covering their own asses first. Axios: Silicon Valley Bank on Friday paid out annual bonuses to eligible U.S. employees, just hours before the bank was seized by the U.S. government, Axios has learned from multiple sources. What to know: The bonuses were for work done during 2022, and were previously scheduled to be disbursed on March 10. That date ultimately coincided with the bank’s takeover by the Federal Deposit Insurance Corporation. Anand Giridharadas’ (“Winners Take All: The Elite Charade of Changing the World“) Twitter feed is filled with the rich advocating for the poor, poor paycheck worker. Giridharadas is still swapping barbs with billionaire Mark Cuban over the SVB bailout demand.