POLITICS

thelivyjr
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Re: POLITICS

Post by thelivyjr » Mon Jun 29, 2020 1:40 p

MARKETWATCH

"Debt from AT&T and other corporate giants saw biggest purchases from the Fed"


By Sunny Oh

Published: June 28, 2020 at 2:54 p.m. ET

The Federal Reserve unveiled on Sunday further details of an emergency lending program buying corporate debt, showing which U.S. businesses have benefited from its unprecedented measures to support the flow of credit in the economy.

Through its lending facilities, the Fed is buying individual corporate bonds from the market in amounts in line with an index of its own construction, which would eventually see the central bank snap up a large cross-section of U.S. investment-grade and some sub-investment-grade debt.


Bonds from these companies were the 10 biggest beneficiaries as of June 17.

Issuer Purchase amount ($)

AT&T 16,476,295.05

UnitedHealth Group 16,451,866.25

Comcast 13,315,346.67

Anthem 12,937,095.56

Walmart 8,758,531.52

Constellation Brands 8,465,435.00

Ford 8,051,573.33

CVS Health 7,762,008.33

Boeing 7,648,612.66

AbbVie 7,394,459.72

It’s early days, so the Fed’s biggest purchases don’t line up neatly with the biggest constituents of the bond-market index.

The six biggest constituents of the Fed’s new debt index are Toyota, Volkswagen, Daimler, AT&T, Apple and Verizon Communications, yet only AT&T made the top 10 list of purchases.

These differences are expected to be ironed out over time as the central bank snaps up more debt.

The Fed has purchased 119 bond issues in the two days of trading as of June 17, even as the index is made up of 794 issuers.

The discrepancy between the Fed’s purchases and the index underpinning the central bank’s bond buying is also reflected in how the share of credit ratings of the bonds purchased differ with the proportion of ratings reflected by the Fed’s debt benchmark.

For example, around 54.8% of the bonds included in the Fed’s broad market index carry a credit rating of triple-B, the biggest but lowest letter rating in the investment-grade bond market.

But 48.3% of the bonds bought through the Fed’s secondary credit facility, however, sport a rating of triple-B.

For the week, the Dow Jones Industrial Average lost 3.3%, the S&P 500 notched a 2.9% decline, and the Nasdaq fell 1.9% for the period.

https://www.marketwatch.com/story/debt- ... _headlines

thelivyjr
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Re: POLITICS

Post by thelivyjr » Mon Jun 29, 2020 1:40 p

THE NEW YORK POST

"Shooting in Seattle’s CHOP zone leaves one dead, another in critical condition"


By Yaron Steinbuch and Tamar Lapin

June 29, 2020 | 12:51pm

One man was killed and a 14-year-old boy was wounded in a shooting early Monday in Seattle’s Capitol Hill Organized Protest zone, or CHOP, a patch of the city occupied by demonstrators rallying against police brutality and racism, according to reports.

One victim was rushed to Harborview Medical Center in a private car shortly after 3 a.m. while the second was taken via ambulance a few minutes later, hospital spokesperson Susan Gregg told KOMO News.

“When investigators arrived, they found a white Jeep Cherokee riddled with bullet holes on 12th Avenue between Pike and Pine,” Seattle Police Chief Carmen Best told reporters.


“Officers were told two men in the vehicle had been shot, but both were gone when officers got there.”

It appeared the crime scene was tampered with following the shooting, Best said.

“Our homicide detectives searched the Jeep for evidence but there wasn’t much we could find,” Best said.

“The typical things we search for in a shooting like this weren’t there.”

“It’s abundantly clear to our detectives that people had been in and out of the car after the shooting.”

Detectives are relying on witnesses to figure out what happened, but Best said that, as with the other shootings in the area, “people are not being cooperative with our requests for help.”

President Trump slammed the “Seattle Looters, Agitators, Anarchists and ‘Protestors’” on Twitter on Monday, saying they “are now refusing to leave the ‘CHOP’ Zone.”

He added: “They have ZERO respect for Government, or the Mayor of Seattle or Governor of Washington State!"

"Not good!”

The gunfire that erupted Monday near 12th Avenue and Pike Street marked the fourth shooting in the area where the Seattle police’s East Precinct was headquartered.

Police haven’t provided any further details about what led to the shooting and have not mentioned any suspects.

Protesters calling for racial justice and an end to police brutality have occupied several blocks around the police station — which cops abandoned — and Cal Anderson Park for about two weeks.

“I’m aware of three shootings and one murder that was a result of a shooting in the zone,” Police Chief Carmen Best told CNN on Sunday before the latest shooting occurred.

“We’ve also had some assaults, sexual assaults, a robbery, and a couple of arsons."

"So the level of violence that is starting in that area certainly increased over time and it is no longer a block party."

"It’s a real public safety issue,” she added.


On June 20, a 19-year-old demonstrator was fatally shot in the zone near Cal Anderson Park.

Trump last week threatened to intervene if authorities did not crack down on the protesters.

“They don’t do something with Seattle, we’re going to do that."

"We’re going to go in there,” the president told Fox News host Sean Hannity in a town hall.

“What is happening, they’re taking over American cities."

"In all cases, its Democrats."

"They’re Democrat-run, in all cases.”

City officials said barriers at CHOP would be dismantled Sunday, but they remained there as of Monday morning, KING 5 reported.

https://nypost.com/2020/06/29/shooting- ... -critical/

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Re: POLITICS

Post by thelivyjr » Mon Jun 29, 2020 1:40 p

"Bumpy's employees walk out amid protest against alleged racist operator - Hundreds rally against ice cream shop owner's alleged racist text messages"

Cayla Harris

June 28, 2020 | Updated: June 28, 2020 8:22 p.m.

SCHENECTADY – More than 200 people gathered on Sunday outside Bumpy's Polar Freeze, a popular ice cream parlor, to rally against store owner David Elmendorf, who allegedly sent text messages using racial slurs and saying he doesn't hire black people.

The demonstration was peaceful and passionate, with protesters blocking part of State Street in front of the restaurant for more than two hours.


The protest culminated in the shop shutting down for the evening around 6:15 p.m. – three hours earlier than usual – and three employees walking out, saying they'd quit.

"We set this up today ... to eradicate white supremacy in our home."

"There's no space for it here," said organizer Mikayla Foster, 21, who was born and raised in Schenectady.

"It looks a lot of different ways."

"I think people get it confused, that the only thing we're fighting against is police brutality, but that's not the case."

"We're fighting against every system that is set to discredit us, disenfranchise us, dismantle us as a people."


Foster, who works with the community organizing group All of Us, led the crowd for much of the protest, kicking off the event by directing a group of roughly 75 people who had shown up at 4 p.m. from a side road to the sidewalks in front of Bumpy's and much of State Street, blocking traffic.

Within an hour, more than 200 people had arrived with signs ranging from "Shut racists down" to "Be kind."

They chanted and danced together in front of the shop.

"We are active and ready to move forward against oppression, against black and brown people dying, against white supremacy – the same white supremacy you see at Bumpy's over here today," Foster said at the start of the protest.

"They have been operating on systems of racism and oppression for years now."

"It's a damn shame, because they didn't know that Schenectady came with heat like this."

"So, today, what the (expletive) we're going to do is shut it the (expletive) down."


The group did what was promised - at least for Sunday.

There were at least five employees inside Bumpy's Sunday afternoon, and by the end of the event, three had walked out.

All were black men.


The protest gradually moved from the street to the lot directly outside the ice cream parlor, as demonstrators held a sit-in in front of the venue for about an hour.

As attendees inched closer to the shop around 5:15 p.m., some protesters started collecting money for the employees, saying they would buy them out of working for the restaurant.

Attendees raised at least $270 for each of the men who left and promised to help them find new jobs.

One of the workers, Shameil McCoy, was wearing a Bumpy's shirt – and took it off as protesters cheered.

Some demonstrators later jumped on it and threw it in the pool next to the establishment.

Meanwhile, Bumpy's was open Sunday despite the owner racking up daily fines of $2,000 earlier in the week for ignoring a Schenectady County health department shutdown order over a minor code violation.

Schenectady County Attorney Chris Gardner has said Elmendorf was charged Wednesday with obstructing governmental administration for allegedly tearing down and ripping up notices posted at the State Street business for it to close down.

Organizer Khalifa Jackson, 27, of the group BLX, said Sunday's protest was just the first step in taking down a number of businesses in local communities "that are built on the foundation of white supremacy and are allowed to thrive in these environments."

Her organization also helps locate and augment community resources for black children; she advertised a community cleanup at Jerry Burrell Park scheduled for July 19.

"I think we had a really good turnout today," Jackson said.

"A lot of people are very passionate here, so of course emotions run high."

"We're very frustrated, we're tired at the end of the day – but I feel like we definitely maintained our initial purpose and mission, which was to shed light on what is going on in this establishment and bringing the community together to remind them just how much we're worth and how much our lives are valued."


The protest was swiftly organized after racist text messages allegedly sent by Elmendorf surfaced on social media last week.

By Friday, Gardner had asked the state attorney general's office to conduct an immediate civil rights investigation into Elmendorf's "discriminatory and illegal actions."

It wasn't clear if Elmendorf was present at the shop during Sunday's protest, and he could not be reached for comment.

The parlor was open as usual and took a few customers at the beginning of the event, as demonstrators yelled nearby.

The shop also had two "Blue Lives Matter" flags flying from the restaurant.

One customer, 23-year-old Billy Cohn, said he bought ice cream Sunday before he was aware that officials were asking for an investigation into the text messages.

Cohn has frequented the establishment for years and thought the messages were fake – but changed his mind after a brief confrontation with demonstrators who informed him of the cause.

"I regret it," he said of buying the ice cream, adding that he will "never" shop at Bumpy's again.

Cohn ended up staying on scene to livestream the rest of the protest.

Written By Cayla Harris

Cayla Harris is based at the Capitol in Albany covering politics for the Times Union. She graduated in May 2019 from the George Washington University, where she studied journalism and Spanish. During her time in D.C., she interned for the Hearst Washington bureau. Reach her at cayla.harris@timesunion.com

https://www.timesunion.com/news/article ... ief&stn=nf

thelivyjr
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Re: POLITICS

Post by thelivyjr » Mon Jun 29, 2020 1:40 p

THE CAPE CHARLES MIRROR June 29, 2020 at 6:40 pm

Paul Plante says:

So, besides the important question of what really is “Black Lives Matter,” the more important question is who really is “Black Lives Matter?”

As we saw above, on its website, “BLACK LIVES MATTER” claims that they or it is a “movement” waging an ongoing fight to end State-sanctioned violence, liberate Black people, and end white supremacy forever.

So exactly who out there is it that is advocating an end to white supremacy forever?

The answer is – outside of the howling, screaming, looting and burning mobs, we do not have a clue!

All we know is that somewhere, somebody is plotting the demise of white people here in the United States of America as if because of having skin that is white, they do not have a right to protection of law in America.

We are told “BLACK LIVES MATTER” is a “movement” waging an ongoing fight to end State-sanctioned violence, liberate Black people, and end white supremacy forever.

So who exactly is it that they are waging this fight against?

And how?

Besides violence and looting and burning, that is.

Now, if we go back to what is supposed to be the official website of Black Lives Matter, we learn that the Black Lives Matter Foundation, Inc is a global organization in the US, UK, and Canada.

So according to that, the sole purpose of the Black Lives Matter Foundation is to raise money through charitable donations for the following purposes, to wit:

…, whose mission is to eradicate white supremacy and build local power to intervene in violence inflicted on Black communities by the state and vigilantes.

end quotes

Vigilantes?

Do they mean Anti-Fa?

Getting back to the mission:

By combating and countering acts of violence, creating space for Black imagination and innovation, and centering Black joy, we are winning immediate improvements in our lives.

We are expansive.

We are a collective of liberators who believe in an inclusive and spacious movement.

We also believe that in order to win and bring as many people with us along the way, we must move beyond the narrow nationalism that is all too prevalent in Black communities.

end quotes

And there, they just said a mouthful with that statement about moving beyond the narrow nationalism that is all too prevalent in Black communities here in America!

One must wonder, given the Civil War has been over for ONE HUNDRED FIFTY-FIVE (155) years now, and the slaves have been free since Juneteenth, in what century they will begin to do that.

Getting back to the fundraising pitch:

We must ensure we are building a movement that brings all of us to the front.

We affirm the lives of Black queer and trans folks, disabled folks, undocumented folks, folks with records, women, and all Black lives along the gender spectrum.

end quotes

Black lives along the gender spectrum?

How many genders do the black folks have then?

For white people, it is only just two.

Getting back to the fundraising pitch once more, we have:

Our network centers those who have been marginalized within Black liberation movements.

We are working for a world where Black lives are no longer systematically targeted for demise.

We affirm our humanity, our contributions to this society, and our resilience in the face of deadly oppression.

The call for Black lives to matter is a rallying cry for ALL Black lives striving for liberation.

end quotes

So get out that checkbook, people, and keep that money flowing in and some day, in some way, thanks to you and your generosity, good things will happen and you’ll feel real good about yourself, as a result!

Which thought takes us to the website Charity Navigator, where we learn that on December 2, 2019, it came to the attention of Charity Navigator that Black Lives Matter Foundation is the subject of a Cease and Desist by The Office of the Attorney General of California.

This charity has received a Moderate Concern Advisory from Charity Navigator due to an open or pending investigation regarding allegations of possible illegal activity, improper conduct, organizational mismanagement, or other matters of concern.

end quotes

Uh, nothing to see here, people, everybody back into your basements and don’t forget to keep your masks on!

And here is where things related to exactly who this BLM crowd really are become quite murky, as we see from an NPR article entitled “A Company That Profits Off Of The Black Lives Matter Movement” on June 16, 2020, Heard on All Things Considered, to wit:

Transcript

NPR’s Mary Louise Kelly speaks with Buzzfeed News reporter Ryan Mac about an organization that is profiting off of the Black Lives Matter name.

MARY LOUISE KELLY, HOST: Many people have been moved by the recent protests against police brutality – moved to join in, to demonstrate and to donate.

Among the recipients of people’s charity – the Black Lives Matter Foundation.

It has raised several million dollars in recent weeks in the form of small gifts from individuals, also well-intentioned employees of big corporations, including Apple and Microsoft.

Here’s the rub.

The Black Lives Matter Foundation is not connected in any way with the Black Lives Matter movement.

Reporter Ryan Mac has been trying to untangle this for BuzzFeed News.

Welcome.

RYAN MAC: How’s it going?

KELLY: Well.

Thank you.

So the Black Lives Matter Foundation sure sounds like it would be tied to the movement.

If it’s not, tell us what it is.

MAC: You’d think so – right? – with a name like that.

It’s actually a foundation that’s based out of Santa Clarita, Calif., that has one paid employee and whose professed goal is actually to create unity between the community and the police, which is kind of an antithetical message, I guess, if you consider what the current Black Lives Matter movement is pushing for right now.

KELLY: And how much money are we talking about that has rolled in?

MAC: It’s a little unclear.

There’s dozens of giving platforms out there.

You mentioned companies.

They often use these platforms to raise money from employees and match.

And so one of those platforms, Benevity, told us that they had accumulated about $4 million worth of donations between May 31 and June 5, which, to their credit, they froze.

They noticed the issue a couple of days before we contacted them, and they froze it.

And so that money actually never was sent.

KELLY: When you go and search on some of these platforms where you can give, it comes up.

It’s a registered, legit charity.

MAC: It is, yeah.

It’s a registered 501(c)(3).

It’s been around since – 2015, I believe, is when it was registered, shortly or a couple of years after the origination of the Black Lives Matter movement.

KELLY: So I want to understand what’s going on here.

You obviously did, too.

You reached out, and you spoke with the founder, the one registered employee of the Black Lives Matter Foundation.

Who is he?

What does he say about this?

MAC: Yeah, so my colleague Brianna Sacks actually made the call to this man named Robert Ray Barnes.

And he is a 67-year-old music producer who, I guess, lives in Santa Clarita, and he’s a African American man.

He has been affected by things, including, apparently, the LAPD killing of his wife’s ex-husband.

And he started this foundation to kind of build relationships between communities and police.

And so he has this large mission statement of things that he wants to do.

He wants to, for example, have annual dinners with cops, and he wants to have community-funded, like, coffee meetings with cops.

KELLY: So there have not been coffee meetings?

There have not been dinners?

MAC: From what we could find and from what he told us, no.

There’s been kind of no expenditure of the money towards that kind of relationship-building that he wants.

It’s kind of all just a figurative plan.

KELLY: When you reached out to leaders from the Black Lives Matter movement, what do they say about this?

What do they say about the foundation?

MAC: They told us – I mean, it was a short statement, but they said they’re two completely separate organizations, that Barnes’ foundation has nothing to do with them.

They also mentioned that the Santa Clarita group is improperly using their name, that they intended to call them out and follow up.

KELLY: For people who gave to the foundation and they didn’t mean to – they were trying to give to the broader movement – do they have any recourse?

Can they get their money back?

MAC: So these platforms are now saying that they’re going to work with some of these donors to redirect the funds if they were incorrectly sent or incorrectly raised for the Black Lives Matter Foundation.

And so they’re giving people the option to either give to the Black Lives Matter movement’s charitable partner, which is something called Thousand Currents, or other racial justice charities or funds.

KELLY: And does the foundation – does Barnes say he will give any of this money back?

MAC: He thinks that it’s a rare occurrence that the money that was sent to him was a mistake, and so he hasn’t committed either way.

KELLY: That is Ryan Mac, a reporter for BuzzFeed News.

Thanks so much.

MAC: Thanks for having me.

end quotes

And as Sonny and Cher once said – the BEAT goes on!

http://www.capecharlesmirror.com/news/b ... ent-257776

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Re: POLITICS

Post by thelivyjr » Tue Jun 30, 2020 1:40 p

THE CAPE CHARLES MIRROR June 30, 2020 at 10:59 am

Paul Plante says:

With respect to BLM using pack violence, like animals, as an intimidation tool, clearing a path for a radical future, buttressed by an unwavering sense of moral superiority that entitles them to smack down any dissent, usually gagging people in the name of “free speech,” nothing captures that spirit so much as an article in the Hearst Publication the Albany, New York Times Union entitled “Bumpy’s employees walk out amid protest against alleged racist operator – Hundreds rally against ice cream shop owner’s alleged racist text messages” by Cayla Harris on June 28, 2020, where we have as follows concerning the benighted ignorance and sheer stupidity that is engulfing America, to wit:

SCHENECTADY – More than 200 people gathered on Sunday outside Bumpy’s Polar Freeze, a popular ice cream parlor, to rally against store owner David Elmendorf, who allegedly sent text messages using racial slurs and saying he doesn’t hire black people.

end quotes

Note the word “allegedly,” because today, facts do not matter, and focus in further on the words “saying he doesn’t hire black people,” because that obviously false and quite stupid, based on the actual facts, allegation will be front and center in a few more sentences.

Getting back to the demonstration outside Bumpy’s, we have:

The demonstration was peaceful and passionate, with protesters blocking part of State Street in front of the restaurant for more than two hours.

end quotes

I love this kind of stuff the media throws at us, as if we were all mindless idiots and morons in this country.

It so happens that State St. in Schenectady that this mindless mob of howlers and chanters took over and blocked for over two hours, as if it were theirs to control, because they are morons, is what used to be known in more sane and rational times in America before these mindless mobs took over as a “public thoroughfare,” which term used to mean a street, highway or road owned or controlled by the state or a political subdivision, devoted to public use and supported and maintained by public funds.

In more sane and rational times in America, obstructing a highway or other public thoroughfare used to be classed as a misdemeanor, and with good reason, as follows:

A. A person commits obstructing a highway or other public thoroughfare if the person, alone or with other persons, does any of the following:

1. Having no legal privilege to do so, recklessly interferes with the passage of any highway or public thoroughfare by creating an unreasonable inconvenience or hazard.

end quotes

As we enter this period of mindlessness and lawlessness and mob rule we are descending into here in America, once the Home of the Brave and Land of the Free, and now the land of the grossly stupid and violent, legal privilege now means having enough people in your mob to defy authority.

Getting back to the Bumpy’s protest:

The protest culminated in the shop shutting down for the evening around 6:15 p.m. – three hours earlier than usual – and three employees walking out, saying they’d quit.

There were at least five employees inside Bumpy’s Sunday afternoon, and by the end of the event, three had walked out.

All were black men.

end quotes

HUH?

The dude who allegedly doesn’t hire black people had three black people working for him while the mob of mindless idiots were out blocking a public thoroughfare to protest Bumpy’s not hiring black people were howling at the moon and chanting mindless slogans?

Yes, people, that is exactly how stupid this nation has become.

Getting back to the story, we have:

“We set this up today … to eradicate white supremacy in our home.”

end quotes

WHAT?

Eradicate white supremacy?

By shutting down an ice cream stand where three black people were working?

Getting back to the mindless spew of ignorance from this crowd of mindless thugs and idiots and morons protesting “white supremacy” at Bumpy’s Ice Cream Parlor in Schenectady, New York, we have:

“There’s no space for it here,” said organizer Mikayla Foster, 21, who was born and raised in Schenectady.

“It looks a lot of different ways.”

“I think people get it confused, that the only thing we’re fighting against is police brutality, but that’s not the case.”

“We’re fighting against every system that is set to discredit us, disenfranchise us, dismantle us as a people.”

end quotes

Uh, um, okay, right, right, yup, ayuh, we see what you are saying, now don’t hit us with that club you are swinging around looking to bash someone’s head in with.

As an aside, where do these morons come up with lame lines like that to spew mindlessly to the media which mindlessly writes them down and regurgitates them for public consumption, as if this organizer Mikayla Foster had actually said something intelligent?

Getting back to the huge Bumpy’s protest, we have:

Foster, who works with the community organizing group All of Us, led the crowd for much of the protest, kicking off the event by directing a group of roughly 75 people who had shown up at 4 p.m. from a side road to the sidewalks in front of Bumpy’s and much of State Street, blocking traffic.

Within an hour, more than 200 people had arrived with signs ranging from “Shut racists down” to “Be kind.”

They chanted and danced together in front of the shop.

end quotes

Tribalism in action in America!

Getting back to it once more:

“We are active and ready to move forward against oppression, against black and brown people dying, against white supremacy – the same white supremacy you see at Bumpy’s over here today,” Foster said at the start of the protest.

end quotes

Yeah, right, Mikayla – whatever you say has to be the truth for the single reason that you said it as the mob leader!

Continuing right along here:

“They have been operating on systems of racism and oppression for years now.”

end quotes

Selling ice cream in Schenectady, New York is now a “system of racism and oppression?”

And moving right along, we have:

“It’s a damn shame, because they didn’t know that Schenectady came with heat like this.”

“So, today, what the (expletive) we’re going to do is shut it the (expletive) down.”

The group did what was promised – at least for Sunday.

The protest gradually moved from the street to the lot directly outside the ice cream parlor, as demonstrators held a sit-in in front of the venue for about an hour.

As attendees inched closer to the shop around 5:15 p.m., some protesters started collecting money for the employees, saying they would buy them out of working for the restaurant.

end quotes

This is rich, is it not – these idiots protesting Bumpy’s collecting money to buy these black employees with, as if they were actually slaves, or players for the NBA, which raises the serious question of exactly what kind of “educational” system produces morons like these.

Getting back to that aspect of the story, we have:

Attendees raised at least $270 for each of the men who left and promised to help them find new jobs.

end quotes

Okay, so, how is that going to happen?

Is the howling mindless mob going to use violence to force some other business to have to hire these black people who walked off their jobs at Bumpy’s because the mob told them Bumpy’s was racist because it didn’t hire black people?

What kind of warped and twisted mind does it take to work out that kind of illogic?

Which takes us back to the mindless madness outside Bumpy’s, to wit:

One of the workers, Shameil McCoy, was wearing a Bumpy’s shirt – and took it off as protesters cheered.

Some demonstrators later jumped on it and threw it in the pool next to the establishment.

end quotes

Now, there is a real statement being made alright – jump on that Bumpy’s shirt laying on the ground because there weren’t any American flags around for the mob to burn, which brings us back for more, to wit:

Organizer Khalifa Jackson, 27, of the group BLX, said Sunday’s protest was just the first step in taking down a number of businesses in local communities “that are built on the foundation of white supremacy and are allowed to thrive in these environments.”

“I think we had a really good turnout today,” Jackson said.

“A lot of people are very passionate here, so of course emotions run high.”

“We’re very frustrated, we’re tired at the end of the day – but I feel like we definitely maintained our initial purpose and mission, which was to shed light on what is going on in this establishment and bringing the community together to remind them just how much we’re worth and how much our lives are valued.”

end quotes

The future is now, people!

So who will this mindless mob of Marxist slogan spouters go after next, given that the mass protest outside Bumpy’s on Sunday’s was just the first step in taking down a number of businesses in local communities “that are built on the foundation of white supremacy and are allowed to thrive in these environments?”

For that answer, all I can say is stay tuned, because once a howling mob gets itself all fired up with the righteousness of its cause, like the Maoist Red Guards in China, and begins to stampede, as this organizer Khalifa Jackson of the group BLX, is promising, there is no end in sight to the violence they will use to force their views on everyone around, in the name of democracy, of course, which makes their violence politically acceptable.

http://www.capecharlesmirror.com/news/b ... ent-258017

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Re: POLITICS

Post by thelivyjr » Tue Jun 30, 2020 1:40 p

MARKETWATCH - The Fed

"Fed’s Williams warns that U.S. economy far from healthy even if worst of the coronavirus outbreak is over"


By Greg Robb

Published: June 30, 2020 at 12:18 p.m. ET

The economy seems to be on the mend from the worst of the early days of the coronavirus pandemic but remains damaged, said New York Fed President John Williams on Tuesday.

“There have been signs that we may be past the worst of the extreme economic distress and early indications of a recovery have started to emerge,” Williams said, in a virtual talk sponsored by the Institute of International Finance.

Consumer spending has rebounded, and building permits have risen, which is a sign of strength in construction, Williams said.

In addition, the high unemployment rate has started to recede from peak levels, though job losses remain elevated.

“We are traveling down a narrow path, balancing a return of economic activity with effective containment of COVID-19,” New York Fed President John Williams.

While these improvement are welcome, “the economy is still far from healthy and a full recovery will likely take years to achieve,” Williams predicts.

The outbreak of COVID-19 will continue to be “at center stage” during the recovery, he said.

High-frequency economic data indicate that there are signs of a slowdown in southern and western states in the U.S., which are seeing a resurgence in cases of the disease derived from the novel strain of coronavirus.

“A strong economic recovery depends on effective and sustained containment of COVID-19,” he said.

At this point, however, health officials are focused on limiting the spread of the deadly pathogen.

Williams is a member of Fed Chairman Jerome Powell’s inner-circle.

His comments are similar to Powell’s prepared remarks that were released by the House Financial Services on Monday.

The Fed chairman will take questions from lawmakers starting at 12:30 p.m. Eastern.

Powell said the economy has entered an important new phase sooner than expected but said it comes with a challenge of keeping the virus in check.

Both Williams and Powell emphasized that much remains unknown about how the pandemic will play out in the months ahead.

“We are traveling down a narrow path, balancing a return of economic activity with effective containment of COVID-19,” he said.

Williams said the Fed’s purchases of over $2 trillion of assets and 11 lending programs have helped to loosen areas of financial markets that seized up back in March as the pandemic was taking root in the U.S.

The New York Fed president, which maintains a permanent vote as a part of the Federal Open Market Committee by dint of that position’s oversight of many of the nation’s largest financial institutions, said the central bank remains ready to use its “full range of tools to support the economy to bring about a full and robust recovery.”

During the question and answer session, Williams said he wouldn’t say the Fed would never use negative interest rates as a tool, but said he preferred other tools.

Asked what other policies the Fed might undertake, Williams said the Fed was collecting evidence and looking to get a “better read” on where the U.S. economy was likely to go.

Only then would the Fed think about other policy choices.

Stocks were trading mostly higher, with the Dow Jones Industrial Average, the S&P 500 index and the Nasdaq Composite rising near midday Tuesday trade.

https://www.marketwatch.com/story/feds- ... cle_inline

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Re: POLITICS

Post by thelivyjr » Tue Jun 30, 2020 1:40 p

ASSOCIATED PRESS

"'White power' flare-up in retirement haven reveals tensions"


By MIKE SCHNEIDER, Associated Press

29 JUNE 2020

THE VILLAGES, Fla. (AP) — There has always been a low-boil tension in The Villages retirement community between the Republican majority and the much smaller cohort of Democrats, but a veneer of good manners in “Florida's Friendliest Hometown" mostly prevailed on golf courses and at bridge tables.

Those tensions, though, flared two weeks ago during a golf-cart parade for President Donald Trump's birthday in which a man shouted, “White Power,” when confronted by anti-Trump protesters.

A video clip of that confrontation in America’s largest retirement community was tweeted approvingly by Trump last weekend and then taken down.

Some residents say they've never seen anything like the politically inspired hostilities that have surfaced over the past several months.

“It's like a powder keg here," said resident Alan Stone.


“And Trump is just stirring the pot."

In the past, when conflicting political views came up in The Villages, residents said it was best to say, “I disagree,” and quickly change the topic.

But the emphasis on good manners has been tested like never before in recent months with the spread of the new coronavirus, the resulting stock market gyrations for a population that largely lives off retirement investments, the presidential race and the calls for racial justice following the death of George Floyd at the hands of Minneapolis police.

“This has been brewing."

"Most people kind of agree not to discuss politics ... and it had been accepted that with things being so divisive, you don’t get into it,” said Catherine Hardy, chair of the Sumter County Democratic Party.

The Villages' population of more than 120,000 residents — among the fastest growing areas in the U.S. in the past decade — is about 98% white, according to the U.S. Census Bureau.

There are more than twice as many registered Republicans as registered Democrats in Sumter County, where most of The Villages is located.

The Trump parade occurred June 14 in the planned community immediately after a vigil was held by an African American philanthropic group to honor Floyd and the Black Lives Matter movement.

Most of the attendees at the vigil had left by the start of the Trump parade, although a white woman wearing “Black Lives Matter" on her shirt shouted profanities at the Trump supporters as they drove by in golf carts.

A man driving by in a golf car responded by shouting, “White Power," a racist slogan associated with white supremacists.

“Most people, up until now, even if people felt that way, it was socially unacceptable to voice it," Hardy said of the man's remark.

"The difference is under Trump, you can spew that hatred."

"What has changed is now it’s more acceptable."

The flare-up at the Trump parade doesn’t represent the vast majority of residents of The Villages, although with the election year, there are some people, “who are exercised" and are becoming more vocal in expressing their views, said John Calandro, chairman of the Sumter County Republican Party.

Because of the coronavirus, more residents than usual are staying at home and watching the news, rather than going to the retirement haven’s famous happy hours and dances in its town squares, he said.

Some residents worry that the tensions of the past few months may make retirees think twice about moving to The Villages, whose founders have been longtime donors to Republicans and GOP presidential candidates.

The Villages is often a popular campaign stop for GOP national and statewide candidates.

“I don't think The Villages wants this kind of publicity," Stone said.

“People are saying, ‘What the hell is going on in The Villages?'"

But Calandro said any dissension among residents is overblown.

Calandro said when he plays golf with his Democratic friends, the biggest fights they get into aren't about politics — they're about who gets to take an extra putt on the green without being penalized.

“We aren't having arguments on every street corner here," Calandro said.

“The Villages is still The Villages."

"We worked all of our lives to live here, and it’s a great place to live.”
___

Follow Mike Schneider on Twitter at https://twitter.com/MikeSchneiderAP

http://www.msn.com/en-us/news/politics/ ... &ocid=iehp

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Re: POLITICS

Post by thelivyjr » Tue Jun 30, 2020 1:40 p

USA TODAY

"Fact check: Democratic Party did not found the KKK, did not start the Civil War"


Devon Link, USA TODAY

30 JUNE 2020

The claim:

The Democratic Party started the Civil War to preserve slavery and later the KKK.

As America marks a month of protests against systemic racism and many people draw comparisons between current events and the civil rights movement, an oversimplified trope about the Democratic Party’s racist past has been resurrected online.

“Friendly reminder that if you support the Democrat Party, you support the party that founded the KKK and start a civil war to keep their slaves," claims an image of a tweet Instagram user @snowflake.tears shared on June on 19.

Many Instagram users read between the lines for the tweet’s implication about the modern Democratic and Republican parties.

Some argued this past action discredited current liberal policies while others said it did not matter.

“Everyone knows that Abraham Lincoln fought to free the slaves, but he also created the Republican Party, and was the leader of it to help fight to free the slaves, yet it’s said that most black people still vote for Democrats who fought to keep the slaves,” user @shrukenshmuck commented.

“I’m a conservative but I find this argument pretty stupid because clearly that’s not what they support anymore, values change overtime,” user @james.dubee wrote.

Historians agree that although factions of the Democratic Party did majorly contribute to the Civil War's start and KKK's founding, it is inaccurate to say the party is responsible for either.

Instagram user @snowflake.tears has not yet returned USA TODAY’s request for comment.

This is not a new argument

Princeton University Edwards Professor of American History Tera Hunter told USA TODAY this trope is a fallback argument used to discredit current Democratic Party policies.

“At the core of the effort to discredit the current Democratic Party is the refusal to accept the realignment of the party structure in the mid-20th century,” Hunt said.

In September 2019, NPR host Shereen Marisol Maraji called the claim, “one of the most well-worn clapbacks in modern American politics.”

Comedian Trevor Noah tackled the misleading trope on an episode of "The Daily Show" in March 2016, after two CNN contributors debated the topic.

“Every time I go onto Facebook I see these things: ‘Did you know the Democrats are the real racist party and did you know the Republicans freed the slaves?’” Noah joked.

“A lot of people like to skip over the fact that when it comes to race relations, historically, Republicans and Democrats switched positions.”

A similar meme attributing the claim to U.S. Secretary of Housing and Urban Development Ben Carson has been circulating social media since November 2016.

“Who started the KKK?"

"That was Democrats."

"Who was the party of slavery?"

"Who was the part of Jim Crow and segregation?"

"Who opposed the Civil Rights Movement?"

"Who opposed voting rights?"

"It was all the Democrats,” the meme reads.

Other posts making more specific claims about the Democratic Party starting the Civil War or founding the KKK continue to circulate.

This trope was rated false by PolitiFact and the Associated Press in October 2018.

A faction of the Democratic Party started the Civil War

Abolitionists founded the Republican Party and elected President Abraham Lincoln in response to escalating tensions around slavery after the Kansas-Nebraska Bill of 1854 threatened the balance of slave states to free states.

Southern states, primarily lead by Democrats, initiated secession proceedings and launched the Civil War.

However, historians say the party is not to blame.

“The short answer is that the Democratic Party did not start the Civil War,” Hunter said.

“The war was initiated by Southern slaveholding states seceding from the United States.”


Smithsonian’s National Museum of American History Curator of Political and Military History, Jon Grinspan agreed with Hunter.

“A splinter of a splinter of a Democratic Party really contributed to the secession and the coming of the war,” he told USA TODAY.

“It would be wrong to say the Democratic Party started the Civil War."

"It would be right to say some Democrats really contributed to the start of the Civil War.”


Grinspan pointed to the many Democrats, nicknamed Copperheads, that fought for the Union as evidence that the Civil War was not Democrats versus Republicans.

KKK was founded by Democrats, but not the party

The Ku Klux Klan was founded in 1866 by ex-Confederate soldiers Frank McCord, Richard Reed, John Lester, John Kennedy, J. Calvin Jones and James Crowe in Pulaski, Tennessee.

The group was originally a “social club” but quickly became a violent white supremacist group.

Its first grand wizard was Nathan Bedford Forrest, an ex-Confederate general and prominent slave trader.

Experts agree the KKK attracted many ex-Confederate soldiers and Southerners who opposed Reconstruction, most of whom were Democrats.

Forrest even spoke at the 1868 Democratic National Convention.

“The KKK is almost a paramilitary organization that’s trying to benefit one party."

"It syncs up with the Democratic Party, which really was a racist party openly at the time,” Grinspan said.

“But the KKK isn’t the Democratic Party, and the Democratic Party isn’t the KKK.”

Although the KKK did serve the Democratic Party’s interests, Grinspan stressed that not all Democrats supported the KKK.

Anti-Defamation League’s Center on Extremism Senior Fellow Mark Pitcavage told the Associated Press that many KKK members were Democrats because the Whig Party had died off and Southerners disliked Republicans after the Civil War.

Despite KKK members' primary political affiliation, Pitcavage said it is wrong to say the Democratic Party started the KKK.

A reconstituted, early 20th century KKK attracts members from both sides

After Reconstruction and as the Jim Crow period set in during the 1870s, the Klan became obsolete.

Through violence, intimidation and systematic oppression, the KKK had served its purpose to help whites retake Southern governments.

In 1915, Cornell William J. Simmons restarted the KKK.

This second KKK was made up of Republicans and Democrats, although Democrats were more widely involved.

“The idea that these things overlap in a Venn diagram, the way they did with the first Klan, just isn’t as tight with the second Klan,” Grinspan said.

Political parties switch stance on racial progress

According to Grinspan, the Republican Party was much more concerned with protecting African Americans and their voting rights from its founding through the early 20th century.

In the mid-20th century, both parties' stances on racial equity began to switch.

“It starts with FDR and the New Deal, but the actions with Lyndon B. Johnson in the 1960s with the Voting Rights Act and civil rights legislation really kind of seals the deal,” Grinspan said.

As the Democrats introduced policies to support voting rights, it became the favored party for most Black voters and has remained so since.

With that realignment, many racist voters who opposed the Civil Rights Act of 1964 left the Democratic Party to become Republicans.

“That was 150 years ago and the parties are totally different today,” Grinspan said.

“It’s like a dinosaur to a modern-day bird."

"So much evolution has happened."

"These really aren’t the same groups anymore.”

Noah has mocked the political trope of highlighting the Democratic Party’s racist past to question its current progressive policies.

“That was true in like 1910, but then after World War II Democratic presidents like Truman and Johnson started supporting civil rights laws and that led to a mass exodus of racists from the Democratic Party,” Noah mocked the claim in 2016.

“Just because something used to be something doesn’t mean it still is."

"What matters more is what it is now.”

Our rating: False

We rate the claim that the Democratic Party started the Civil War to preserve slavery and founded the KKK as FALSE because it is not supported by our research.

Experts agree that although factions of the Democratic Party were responsible for the South's secession and the rise of the KKK it is inaccurate to claim the party is responsible for either.

The Democratic Party was undoubtedly the party of racism and white supremacy during and after the Civil War.

However, it evolved throughout the late 20th century, and garnered the support of most Black voters.

Our fact check sources:

USA TODAY, "'You have to keep at it': What Black Lives Matter demonstrators can learn from civil rights protests of the past"

Princeton University Edwards Professor of American History Tera Hunter
NPR, "The Original Blexit"

YouTube, "The Daily Show with Trevor Noah"

PolitiFact, "No, the Democratic Party didn’t create the Ku Klux Klan"

Associated Press, "Ku Klux Klan not founded by the Democratic Party"

History.com, "Republican Party Founded"

Smithsonian National Museum of American History Curator Jon Grinspan

Encyclopedia Britannica, "Copperhead"

Khan Academy, "The First KKK"

Encyclopedia Britannica, "Ku Klux Klan"

This article originally appeared on USA TODAY: Fact check: Democratic Party did not found the KKK, did not start the Civil War

http://www.msn.com/en-us/news/us/fact-c ... &ocid=iehp

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Re: POLITICS

Post by thelivyjr » Tue Jun 30, 2020 1:40 p

Copperhead - American political faction

WRITTEN BY The Editors of Encyclopaedia Britannica

Alternative Title: Peace Democrat

Copperhead, also called Peace Democrat, during the American Civil War, pejoratively, any citizen in the North who opposed the war policy and advocated restoration of the Union through a negotiated settlement with the South.

The word Copperhead was first so used by the New York Tribune on July 20, 1861, in reference to the snake that sneaks and strikes without warning.


Nearly all Copperheads were Democrats, but most Northern Democrats were not Copperheads.

Copperhead strength was mainly in the Midwest (Ohio, Indiana, and Illinois), where many families had Southern roots and where agrarian interests fostered resentment of the growing dominance of industrialists in the Republican Party and federal government.

In addition, groups opposed to conscription and emancipation — e.g., the Irish population in New York City, who feared that freed Southern blacks would come north and take jobs away — backed such Peace Democrat leaders as Horatio Seymour, Fernando Wood, and Clement L. Vallandigham.

Copperheads also drew strength from the ranks of those who objected to Lincoln’s abrogation of civil liberties and those who simply wanted an end to the massive bloodshed.

In 1862 the Copperheads organized the Knights of the Golden Circle, which successively became the Order of American Knights and the Sons of Liberty.

Although Republicans accused these groups of treasonable activities, there is little evidence to support the accusation.

Most Copperheads were more interested in maintaining the existence of the Democratic Party and defeating Republican opponents for public office than they were in participating in any disloyal activities.

On the other hand, Copperheads were able to block important war legislation in the Indiana state government, and they controlled the lower house in Illinois for a time.

Seymour was elected governor of New York in 1862, and Vallandigham ran (unsuccessfully) for governor of Ohio in 1863.

At the 1864 Democratic national convention, Copperheads gained control of the party platform and inserted a plank calling the war a failure and advocating immediate peace negotiations.

Party presidential candidate George McClellan repudiated the Copperhead peace plank, however.

By the end of the war, the terms Democrat and Copperhead had become virtually synonymous throughout much of the North.

As a result, even though the Copperheads failed to exercise any significant influence on the conduct or outcome of the war and even though most Northern Democrats supported Lincoln and the war effort, the Democratic Party carried the stigma of disloyalty for decades after Appomattox.


This article was most recently revised and updated by John M. Cunningham, Readers Editor.

https://www.britannica.com/topic/Copper ... al-faction

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Re: POLITICS

Post by thelivyjr » Tue Jun 30, 2020 1:40 p

THE CAPE CHARLES MIRROR June 30, 2020 at 6:51 pm

Paul Plante says :

We older Americans who were required to know the history of the nation we were preparing to be a part of cannot hear the name of Democrat James Henry Hammond, who publicly repudiated, as ridiculously absurd, that much lauded but nowhere accredited dogma of Mr. Jefferson that ‘all men are born equal,’” without recalling the “Mudsill theory” of the Democrats, which political theory is the proposition that there must be, and always has been, a lower class or underclass for the upper classes and the rest of society to rest upon.

That in fact is the basis of DEMOCRACY – the need to have a majority, which automatically means there has to be a minority, because equality does not exist in a democracy.

As we learned in high school, and as Wikipedia informs us today, the Mudsill theory was first articulated by South Carolina Democrat and Senator/Governor James Henry Hammond, a wealthy southern plantation owner, in a Senate speech on March 4, 1858, to justify what he saw as the willingness of the lower classes and the duty of non-whites to perform menial work which enabled the higher classes to move civilization forward.

Efforts to reduce class or racial inequality, under this theory, inevitably run counter to civilization itself.

Many saw the argument as a weak justification for exploitation and a flimsy example of creating science to reference as proof.

end quotes

But that is what Democrats do – create BULL**** science theories like Hillary Clinton in 2016 saying that people with white skin were afflicted with a mental disorder Hillary labeled as “Implicit Bias,” which required treatment by the state in special facilities to cure it.

Although an obvious flaw lied in that there are no indications as to which class or race rightfully belongs to the mudsill other than the pre-supposed regional groups that were already in place at the “bottom,” thus causing a circular argument, nonetheless, it was directly used to advocate slavery in the rhetoric of other Democrats, who were struggling to maintain their grip on the Southern economy.

The Democrats saw the abolition of slavery as a threat to their powerful new Southern market that revolved almost entirely around the plantation system, which was furthered by the use of primarily-African slaves but also used destitute whites.

Interestingly, those and other colloquialisms were used as Democrat rhetoric in what has been dubbed “the Marxism of the Master-Class” which fought for the rights of the propertied elite against what were perceived as threats from the abolitionists, lower classes and non-whites to gain higher standards of living.

So yes, Nancy Pelosi, since you have chosen to re-open this ugly chapter of American history in your bid to further divide us going into the November elections, as I say, in the United States of America today, no more enduring symbol of slavery have we than they, the DEMOCRAT party of Nancy Pelosi!

http://www.capecharlesmirror.com/news/o ... ent-258042

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