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As the 2024 election draws near, former President Barack Obama and President Joe Biden are working closely together, suggesting that Obama is concerned about Biden’s possible loss to former President Donald Trump.

Biden contacts Obama on a regular basis to talk about personal issues and the current election. Obama is now taking charge by contacting Jeffrey D. Zients, Biden’s chief of staff, and important aides in the Biden campaign to plot and provide advice. However, talking to Old Joe and really doing anything do not seem to be the same thing. Obama’s involvement shows how much he worries about former President Trump defeating Biden rather than how much he supports the former president.

A senior advisor, who wished to remain anonymous, claimed that Obama has “always” been concerned about a Biden loss and is ready to “eke it out” with his former vice president in what seems to be a close race.

Following the death of his son Beau in 2015, Biden thought about running for president, but Obama discouraged him, thinking Hillary Clinton would be a stronger candidate. Obama’s dismissal of Biden left his advisers with unresolved animosity. In 2019, when Biden finally decided to challenge Trump, Obama first declined to provide his endorsement until following the Democratic primary.

Despite their rather chilly history, Obama and former President Bill Clinton’s mutual contempt for Trump and desire for continued power have strengthened their friendship even more as Obama gets ready to host a star-studded event for the Biden campaign on Thursday.

CBS’s “The Late Show with Stephen Colbert” host Stephen Colbert will lead “Evening with Presidents” at Radio City Music Hall in New York. Along with Biden, Obama, and Clinton, he will facilitate an “armchair chat.”

Program presenter Mindy Kaling, an actress well known for her work on “The Office” and “The Mindy Project,” will be presenting the show. Musical guests Lizzo, Queen Latifah, Cynthia Erivo, Ben Platt, and Lea Michele will also perform during the evening. Three of Lizzo’s former backup dancers have accused her of sexual assault and harassment, making her a contentious pick. Still, there is nothing “on brand” that Billy and Joe cannot connect to.

Celebrity photographer Annie Leibovitz will be taking photographs of attendees with the three presidents at the benefit. Presumably, due to inflation, a picture including all three presidents starts at $100,000. Donors who make gifts at the $250,000 and $500,000 levels will receive exclusive invitations to the three presidential events.

The campaign’s co-chairs, Jeffrey Katzenberg from DreamWorks, Rufus Gifford, the campaign finance chairman, and Anna Wintour, the U.S. artistic director of Condé Nast and inspiration behind the “devilish” character in “The Devil Wears Prada,” are all involved in organizing the fundraiser. Chris Korge, a seasoned Democratic fundraiser and the Biden Victory Fund Finance Chair, is leading the charge.

According to the organizers, this sold-out benefit is the first of its type.

Korge stated:

“This will be Joe Biden’s largest fundraising endeavor to date in his political career. It is the biggest fundraising occasion in Democratic Party history, I think. Additionally, it is the only occasion that three Democratic presidents have collaborated on a campaign fundraiser.”

The event hopes to draw about 3,000 people and raise at least $10 million. There are $250 to $500,000 worth of tickets available, making this projected to be Biden’s most profitable fundraiser to date. With the help of joint committees and the Biden campaign, the incumbent president amassed a significant war chest of $155 million in February—the most amount ever for a Democratic presidential contender at this point in the election season.

Hillary Clinton and Hamilton creator Lin-Manuel Miranda will hold another Broadway fundraiser for Biden the following month. $500 to $5,000 tickets will be available, and participants will see a production of “Suffs,” a musical about the women’s suffrage struggle that Hillary Clinton co-produced.

Author: Blake Ambrose

With the closing of a 29-month-long SPAC deal involving his social media company, Trump Media & Technology Group, and the lowering of the bond required in his New York civil fraud trial to appeal a $454 million legal verdict, former President Donald Trump’s net worth surpassed $6.4 billion on Monday.

Furthermore, even though Trump’s gains from the SPAC deal with the Digital World Acquisition company. may only be theoretical (any significant sales after his six-month lockup is over would probably destroy the price), the $4 billion increase was sufficient to get him added to the Bloomberg Billionaires Index, which ranks the 500 richest people in the world.

Trump received approval to appeal the NY civil trial about his real estate, with a greatly lowered bail demand of $175 million. Trump promptly responded by saying he would post it.

A deal with the SEC and last-minute litigation from executives and investors did not prevent the SPAC merger from going through.

For Democrats, the timing could not be worse: the Biden campaign of 2024 chose this precise moment to mimic Trump’s slurs and nickname the outgoing president “Broke Don.” Even former President Barack Obama basically acknowledged that Biden’s campaign team is a bunch of idiots, so it appears that they need to start again. That was based on a new campaign finance report that revealed Biden outraised Trump in February.

Or not, as long as there are things like curbside voting and vote drops that arrive at 2 a.m. that are meant to be kept under wraps.

Author: Steven Sinclaire

The Francis Scott Key Bridge collapse has caused the Port of Baltimore to come to a complete halt, posing hazards to the U.S. economy in the form of increased inflation, less productive capacity, and higher government deficits.

According to the most recent information available from the Bureau of Transportation Statistics, the Port of Baltimore was the 17th busiest port in the US in terms of total tonnage in 2021. The ports in New York-New Jersey, Mobile, Alabama, Virginia, and Savanah, Georgia, surpass it in size, making it the fifth biggest on the East Coast.

According to Governor Wes Moore, the port handled 52.3 million tons of international cargo in 2023, totaling $80.8 billion. It was an all-time high.

The port is “one of the greatest economic producers” in Maryland, according to Moore.

According to the governor’s office, it was the first in terms of the quantity of vehicles and light trucks (847,158 cars and light trucks), roll on/roll off heavy agriculture and machinery, sugar, and imported gypsum.

As per Moore, it ranked ninth overall in terms of the value of foreign cargo and ninth in terms of the amount of foreign cargo handled.

Serious supply chain problems for consumer goods and imports that go into items made in the United States might result from the port shutdown. It seems improbable that the remaining ports along the U.S. Eastern Seaboard will be able to accommodate all of the lost capacity.

This increases the risk of more inflation in the United States. Although inflation has decreased from the extremely high levels observed during the first two years of the Biden White House, it is still high by historical standards and more than what the Federal Reserve deems suitable for a robust economy. There have been concerns that disinflation may have waned due to the unusually high inflation rates seen in the first two months of this year.

During Bloomberg TV’s Surveillance program on Tuesday, Citigroup’s Andrew Hollenhorst stated, “These kinds of supply side shocks are the worst thing for the Fed and the worst event that can happen for the economy because what they do is reduce the productive capacity of the US economy and boost inflation at the same time.”

Resources that would have been used elsewhere will also need to be allocated for the clearance of the harbor and the reconstruction of the bridge, on top of the supply limitations. This may increase the pressure on prices.

In a time when government borrowing is already historically high, the budget deficit would rise if the U.S. government intervened to help finance the repairs, as is expected. Increased government expenditures may make inflation worse.

“We are probably moving out of this phase of deflation in goods that we have been in for the last six months or so,” Hollenhorst stated.

Author: Blake Ambrose

According to reports, the state of Michigan is promoting a scheme that pays residents $500 a month to welcome migrants.

Under the Newcomer Rental Subsidy scheme, “refugees” will be able to find housing outside of governmental facilities. Homeowners would be eligible for the help for a maximum of one year, according to MLive.com.

The state lists the following groups as qualifying: refugees, asylees, holders of special immigrant visas, victims of human trafficking, citizens of Cuba and Haiti, Afghans, and Ukrainians on humanitarian parole.

On March 21, 2024, hundreds of foreigners who had set up camp near the border knocked down the fence using sticks, hands, and whatever tools they possessed, covered the spikes with blankets, and crossed into the United States through Gate 36 in Ciudad Juarez, Mexico. (Photo by Anadolu/Christian Torres via Getty Images)

People who entered under the Family Reunification Parole Process for El Salvador, Guatemala, Honduras, and Colombia, people whose asylum application is still ongoing, and other immigrant people on a case-by-case basis are also eligible.

The Michigan State Housing Development Authority’s executive director, Amy Hovey, asserted that the initiative will assist immigrants in “building a new life here.”

In a statement released at the program’s first announcement, Hovey remarked, “This program is really a win-win, since it tackles the most pressing obstacle to refugee resettlement by fulfilling housing requirements while setting up families for success with improved employment and opportunity.”

$4 million from the state-funded Michigan Housing and Community Development Fund is going toward the initiative.

With over 700 arrivals in 2022 alone, Michigan emerged as the ultimate destination for migrants from the Democratic Republic of the Congo, Syria, Sudan, Burma, and Ukraine.

There are other places than Michigan that pay homeowners to house immigrants.

To save the City of Detroit, which has been drowning in the costs of sheltering Joe Biden’s illegals, politicians and activists in Denver started urging locals to take in migrants in December.

Author: Scott Dowdy
Every day, a Democrat or someone they support manages to escape punishment for their wrongdoing.

The son of Representative Nancy Pelosi (D-Calif.) and Paul Pelosi Sr., Paul Pelosi Jr., was connected to two people, Bill Garlock and Gina Rodriguez, who were involved in financial frauds pertaining to a flophouse that Paul Jr. purportedly owned in San Francisco’s Mission District. According to the Daily Mail, there appears to be documentation showing Jr. paying individuals off to get building permits in the neighborhood.

According to rumors, Garlock and Rodriguez would con individuals by promising real estate projects, leading them to receive payments totaling more than $1 million. Numerous transaction documents listed Paul Pelosi Jr. as the selling realtor. It was clear that he was friends with Garlock and Rodriguez, and he also had a relationship with Karena Feng, the original owner of the flophouse, who sued Paul Jr. in 2019 on the grounds that he had assisted Garlock and Rodriguez in defrauding Feng of the property.

Beautiful.

Did you also know that Paul Pelosi Jr. has been connected to federal offenses for the seventh time?

Back in 2022, the New York Post reported on Jr.’s apparent hiring by five separate firms the FBI was looking into for possible fraud, including InfoUSA in 2007. Vin Gupta, a well-known Clinton fundraiser, launched InfoUSA. A fraud investigation into the firm led to the resolution of the matter.

Later, Paul Jr. co-founded Natural Blue Resources, an investment company specializing in water harvesting and aquifers, which the Securities and Exchange Commission (SEC) was investigating for potential covert operations by two convicted fraudsters. On the other hand, Paul Jr. testified against the two, denying any “meaningful part” in any of the significant transactions.

I’ll give it the benefit of the doubt, but there’s a saying about “honor among thieves” that comes to mind: none.

The Federal Bureau of Investigations (FBI) is looking into a number of other companies that Paul Pelosi Jr. was involved in. These companies include FOGFuels; Targeted Medical Pharma, which was looking into drug testing on people without authorization; Corporate Governance Initiative, where he connected with fraudster Asa Saint Clair; and Oroplata, a lithium mining company, where Paul Jr. purchased shares for $2,800 each, despite their potential value of millions.

And Paul Pelosi Jr. never faced any charges or accusations.

Should this have been Donald Trump Jr. or Eric Trump, they would have been in Club Leavenworth by now and in the national spotlight for several months.

However, other than websites like PJ Media, you don’t hear anything about it since it’s Nancy Pelosi’s kid. The strange incident involving Paul Pelosi Sr. and an odd Canadian nudist guy fighting over a hammer in November 2022 seems like a distant memory.

Author: Scott Dowdy

To maintain government operations, President Joe Biden has approved a $1.2 trillion spending deal.

Shortly after the Senate passed the funding package measure on Saturday, Biden signed it.

Biden called the bill “excellent news for the American people” and lauded it as a compromise.

Rejecting “extreme cuts from House GOP members and expanding access to child care, investing in cancer research, funding mental health and substance use care, advancing American leadership abroad, and providing resources to secure our border that my team successfully fought to include,” Biden continued, emphasizing that the agreement was a compromise and that neither side got everything it wanted. The American people will be pleased to hear that.

During his remarks, Biden emphasized the need for Congress to pass a law to strengthen national security and an accord to secure the borders.

“Now is the moment to complete this,” Biden declared.

With a bipartisan vote of 286 to 134, the House passed the legislation on Friday, prompting some conservatives to call for the removal of Speaker Mike Johnson (R-La.).

After many hours of talks, the measure finally cleared the Senate with a vote of 74 to 24 early on Saturday morning.

Author: Steven Sinclaire

Vice President Kamala Harris announced the allocation of three quarters of a billion dollars to secure new red flag legislation during her Saturday speech from Marjory Stoneman Douglas High School.

On February 14, 2018, a gunman entered Marjory Stoneman Douglas High School and murdered 17 students and faculty members with a lawfully acquired handgun.

After viewing the area of the school where the incident took place, Harris reportedly made two announcements, according to UPI.

The first piece of news is that the Biden administration will be allocating $750 million to establish a resource center for National Extreme Risk Protection Orders.

In the second statement, the speaker urged state legislatures to pass red flag laws using federal funds. According to Harris:

“The basic idea behind red flag legislation is to provide communities with a way to communicate their concerns about possible danger or an individual’s cries for help in a timely manner, ideally before a catastrophe happens. Present today, in part, is to issue a challenge to each and every state to enact a “red flag” statute.

Giffords claims that Harris omitted the fact that in 2014, California passed a red flag statute. But in terms of “active shooter situations” in 2021, according to FBI statistics, California was number one in the US.

Author: Scott Dowdy

Democrats in California are advocating for a once-a-year registration requirement, along with a state charge, to replace the present one-time gun registration system.

“The bill would force the registrant to pay a fee every year to be deposited into a special account that is continuously used for carrying out the enforcement of the gun registry,” states the Democratic-sponsored SB 1160 bill. This money will stay in the state’s gun registration system.

Furthermore, a new “program” centered on unregistered firearms would be established under SB 1160: “This law would ban possession of an unregistered firearm, a violation of which would be penalized as an infraction.” This measure would enforce a state-mandated municipal program by establishing a new violation.

Mike Bloomberg’s Everytown for Gun Safety has previously ranked California as the best state for gun regulation. Among other things, the state has a one-day waiting period before allowing the purchase of a gun, a requirement for the registration of firearms, a ban on carrying a gun for self-defense on college campuses, restrictions on “high capacity” magazines, laws regarding “ghost guns,” a red flag law, requirements for gun storage, microstamping, and ammunition controls.

Furthermore, despite having universal background checks and a prohibition on “assault weapons” for more than 30 years, California will lead the US in “active shooter situations” in 2021.

Author: Scott Dowdy
The Texas State Education Board has accused BlackRock of engaging in a fossil fuel boycott, which has resulted in the board’s decision to withdraw billions of dollars in investments from the corporation.

On Tuesday, Aaron Kinsey, chairman of the Texas Education Board, published a statement in which he explained the board’s decision to terminate BlackRock’s $8.5 billion investment, citing the firm’s “dominant and consistent leadership in the ESG movement.”

American Republicans are actively campaigning against environmental, social, and governance (ESG) practices at BlackRock, despite the fact that the firm is the largest investment management firm in the world and a leading voice in the financial community on climate and energy transition concerns.

Republicans and Democrats alike have accused BlackRock of seeking to harm energy companies and furthering a social agenda.

In the battle against ESG, Texas has taken the lead. Texas has built a list of asset managers that could face divestment if they continue to back energy companies. At the same time, lawmakers in the Lone Star State held a hearing to question State Street and BlackRock executives about their ESG and climate change stewardship efforts, engagement voting, and investment practices. Because of its environmental, social, and governance (ESG) principles, the municipal bond market excluded the U.K. bank Barclays.

Despite the state’s growing opposition to ESG, investors can end up paying a hefty price for these actions.

Many states have encountered opposition to their proposed ESG investment prohibition laws due to the reduced returns and expected costs of these anti-ESG measures.

For instance, TCDRS predicted that over a ten-year period, the retirement system could have lost over $6 billion in returns due to a ban on environmental, social, and governance (ESG) investing in the state’s retirement investment system, as well as the ability to collaborate with top investment managers.

The lead sponsor of the hearing and the anti-ESG bill planned for 2023, Senator Bryan Hughes (R-Texas), took to social media after the Board of Education’s announcement to express his views.

“With the money of Texans, BlackRock and other Wall Street firms have been pushing a left-wing agenda.” Retaliation from Texas continues. Taking $8.5 billion out of BlackRock’s coffers is our way of telling Wall Street firms they can’t use public money to kill employment in Texas and threaten the state’s energy dominance.

Following the introduction of Senate Bill 13 in 2021, which forbids “investment in financial organizations that boycott particular energy businesses,” Kinsey stated that the Texas Permanent School Fund (PSF) opted to cease investing with BlackRock.

If you ask him, “BlackRock’s dominating and unwavering leadership in the ESG movement substantially affects our state’s oil and gas business and the same corporations that generate money for our PSF.”

A recent statement by Larry Fink, CEO of BlackRock, emphasized the company’s strong ties to the energy sector and denied accusations made during a GOP presidential debate that BlackRock is forcing an ideological agenda and that it hinders energy corporations from producing oil.

According to Fink, the firm’s customers have invested almost $170 billion in the energy sector of the United States.

In spite of political pressure, BlackRock has declared that it will keep working with firms on sustainability-related issues, including “climate and natural capital” and “business consequences on people,” as outlined in its 2024 engagement goals.

Its strategy for dealing with climate-related risks and possibilities was to figure out how these factors would likely influence firms’ long-term goals and objectives. We are not responsible for bringing about any particular decarbonization result in the actual economy, the statement said.

Author: Steven Sinclaire

In a Friday filing, the Justice Department (DOJ) charged Mississippi businessman Keaton Langston, a close acquaintance of James Biden, with plotting to steal Medicare.

James Biden and maybe President Joe Biden would likely come under more “scrutiny” as a result of the lawsuit.

The SEC claimed that Americore’s Pennsylvania hospital was a part of a Medicare fraud scheme in the lucrative “Americore” contract, which is the subject of the complaint.

James Biden and Langston were both associated with Americore. James worked to obtain foreign investors while also assisting Americore with regulatory permissions related to the acquisition of the Pennsylvania hospital. Politico has already revealed:

“Jim Biden’s business partner has refuted claims made by the Securities and Exchange Commission in September that he committed fraud in connection with company financing. In the meantime, the Justice Department discovered that Americore’s hospital in Pennsylvania had engaged in a conspiracy to bill the government for medically unnecessary lab tests that the hospital had shipped out to be completed elsewhere, which involved entering into phony service agreements and paying bribes. According to a source familiar with the case, the bribe receiver has entered a guilty plea in connection with the federal prosecution of a $100 million scheme to cheat Medicare, which is still pending.

James Biden attempted to disassociate himself from Langston during his interview with the House impeachment investigation investigating Joe Biden by asserting that he was not a part of the plan and had no affiliations with Langston.

Politico, however, stated that “investment documents depicted Jim Biden as an adviser to his older brother” and that “Joe Biden’s name and close circle were more connected with the firm than had been acknowledged.”

Furthermore, House Oversight Committee Chair James Comer (R-KY) stated in October that James Biden sent Joe Biden a $200,000 check the same day he obtained a $200,000 loan from Americore because of his relationship with Joe Biden.

Author: Blake Ambrose

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