Fresh off the front-pages of the Bo$ton Globe:
My printed New York Times piece said Barr "has advanced Trump's political agenda perhaps more than any other Cabinet member," (HA!) and they also report that McConnell has cut him loose, too, and that's assuming they hold the Senate (not a given by any means given the false flag narrative that is being rolled out).
Trump really screwed up by putting the Deep $tate $wamp creature Barr in place. I know he was sold on he will protect you, but he is only interested in protecting the institution as controlled by the $wamp, not the man.
I mean, think about it, where is Attorney General Barr on the Russiagate investigation (answer: nowhere), where Barr is on the Hunter Biden laptop investigation (answer: nowhere), and where Barr is on the massive electoral fraud (answer: on the Democrat side)?
Trump really seems to be in a box now, with the courts no help and only a faction of the militray and the American people behind him.
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The map is way wrong, and here is the definitive case proving Donald Trump won the election.
"President Donald Trump’s aides have told The Washington Post to never expect the president to actually say “I concede” the election, and polls suggest the president has taken along a sizable chunk of the Republican base with him into falsely believing the election was rigged and he won, but Trump is acknowledging in other ways that he knows he's lost, most recently and prominently on Thursday, when he told reporters he'd leave the White House if (rather, when) the electoral college votes for President-elect Joe Biden on Dec. 14. "Certainly I will, and you know that," he said, which came after reporters pressed him four or so other times on the question, with Trump refusing to say he'd concede. Trump is out of options, and every week he’s starting to talk more and more like he knows he’s lost....."
So says the analysis from the The Wa$hington Compo$t, but I think he realizes he is being gutted and bled as a federal appeals court rejected his request for an emergency injunction to overturn certification of Pennsylvania vote.
Somehow he was an empty suit with long coattails:
"Republicans have picked up their 11th seat overall in the US House and the third seat in California, as Republican David Valadao reclaimed the seat he lost in the farm belt two years ago. The former congressman defeated Democratic Rep. TJ Cox, who ousted Valadao in the 21st Congressional District two years ago by 862 votes. Valadao endorsed President Trump after withholding his backing in 2016 — a risk in a swing district the president lost by 15 points four years ago, but he also stressed his independence, criticizing the Trump administration for family separations at the border and promoting his willingness to work across party lines. On paper, the 21st District looks like it should be a Democratic stronghold: The party holds a nearly 17-point registration edge, but California’s agricultural centers have long been known for Republican residents who vote reliably and Democrats who often do not. Valadao proved tough to beat after he was first elected in 2012, fending off Democratic challengers by focusing on water for agriculture and other local issues. That changed in 2018, when Democrats captured seven GOP-held House seats in California as voters rejected the Trump agenda. The 21st was among them, though the results weren’t settled until weeks after Election Day. While Valadao has tried to distance himself at times from the Trump administration, the president has called the former congressman “an incredible guy” he wants back in Washington. Valadao declared victory on Wednesday, before The Associated Press had called the race. In his statement, he made it clear his first priority is delivering help for the coronavirus pandemic, the Fresno Bee reported Friday. “This Thanksgiving, as the coronavirus continues to spread and our community and nation struggle, we desperately need relief,” Valadao said. “The only way we will get through this is by sticking together as Americans, not divided by political parties.” Cox has not yet conceded the election. He said in a Facebook post on Thursday that he wouldn’t make a statement on the election results until every vote is counted....."
You have to love that Democrat hypocrisy, and given the amount of fraud and actuarial impossibilities in favor of Biden, one can only come to the conclusion that the Democrats stole the House by minimizing the losses -- the reason being to immunize Biden against impeachment.
And now, all of a sudden, the pre$$ is concerned that recounting ballots in the presidential race in Georgia is costing taxpayers in some metro Atlanta counties hundreds of thousands of dollars as the “eyes of the world are focused on Fulton County, Georgia.”
"In key states, Republicans were critical in resisting Trump’s election narrative" by Peter Baker and Kathleen Gray New York Times, November 28, 2020
If the president hoped Republicans across the country would fall in line behind his false and farcical claims that the election was somehow rigged on a mammoth scale by a nefarious multinational conspiracy, he was in for a surprise. Republicans in Washington may have indulged Trump’s fantastical assertions, but at the state and local level, Republicans played a critical role in resisting the mounting pressure from their own party to overturn the vote after Trump fell behind Nov. 3.
Has the New York Times even bothered to investigate, or is it just pooh-poohing things out of hand?
Their style of "journali$m" makes one sicker than sick these days. It's flat-out flatulence and garbage.
The three weeks that followed tested American democracy and demonstrated that the two-century-old system is far more vulnerable to subversion than many had imagined, even though the incumbent president lost by 6 million votes nationwide, but in the end, the system stood firm against the most intense assault from an aggrieved president in the nation’s history because of a Republican city clerk in Michigan, a Republican secretary of state in Georgia, a Republican county supervisor in Arizona and Republican-appointed judges in Pennsylvania and elsewhere.
UN-FLIPPING-F**KING-REAL after FOUR YEARS of RUSSIA, RUSSIA, RUSSIA!
They turn everything on its head and then proclaim it reality!
They refuted conspiracy theories, certified results, dismissed lawsuits and repudiated a president of their own party, leaving him to thunder about a supposed plot that would have had to include people who had voted for him, donated to him or even been appointed by him. The desperate effort to hang onto office over the will of the people effectively ended when his own director of the General Services Administration determined that Joe Biden is the president-elect and a judge Trump put on the bench chastised him for ludicrous litigation.
“Free, fair elections are the lifeblood of our democracy,” Judge Stephanos Bibas, appointed by Trump in 2017, wrote for a three-judge panel of the 3rd Circuit Court of Appeals in Philadelphia on Friday as it dismissed the latest of dozens of legal claims filed by Trump and his allies. “Charges of unfairness are serious, but calling an election unfair does not make it so. Charges require specific allegations and then proof. We have neither here.”
He (and McConnell) thought the Supreme Court would help him, or was he just naive enough to think he would win a fair vote?
Unfounded as it is, the president’s campaign against the results may leave lasting scars. With much of the Republican establishment endorsing or staying silent on Trump’s claims, and polls indicating that tens of millions of Republicans believe the election was somehow rigged, faith in American democracy, the fundamental tenet of the social contract established by the framers, has eroded in a dangerous way, and Biden, the incoming president, now faces a country where many of his constituents consider him illegitimate.
What social contract?
That was shredded a long time ago!
The drama began within hours after the polls closed. The initial leads that Trump enjoyed in several battleground states began to dwindle as absentee and mail-in votes that favored Biden were slowly counted and added to the tallies released publicly. Trump portrayed the numbers as fraudulent and headed to court, filing lawsuits in multiple states.....
That is the coup-supporting pre$$ narrative, and I was up all night watching it.
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There was a hell of a lot more in that article but why waste your time and mine?
Meanwhile, the Wa$hington Compo$t says the facts are indisputable: President Trump lost, but he refuses to see it that way and the New York Times says he is baselessly casting more conspiracy theories, hinting that the nation’s law enforcement agencies were biased against his fading efforts to remain in office (something Barr just proved!).
Related:
Of course.
Trump ‘ashamed’ to have endorsed Republican Georgia governor
Didn't think he would turn on you, did you?
A rush to expand the border wall that many fear is here to stay
The New York Times is worried that the towering wall Trump pledged to build on America’s border with Mexico will long outlast him as Elder Guerra-Perez awaits an uncertain fate at the hands of immigration officials because language is a barrier to citizenship if you don't know the nation’s common tongue as there is one last push to impede immigrants from the White House.
Believe it or not, the Globe has the gall to suggest that Trump extend student loan payment freeze before he is forced from office, and he says he will leave if electoral college votes for Biden.
Wisconsin, Arizona certify Biden wins New York Times
Georgia GOP officials rebut Trump’s allegations New York Times and Washington Post
Fired election security chief reaffirms vote integrity New York Times
Who could ever question it then?
"Giuliani is said to have discussed a pardon with Trump" by Maggie Haberman and Michael S. Schmidt New York Times, December 1, 2020
Rudy Giuliani, President Trump’s lawyer who has led the most extensive efforts to damage his client’s political rivals and undermine the election results, discussed with him as recently as last week the possibility of receiving a preemptive pardon before Trump leaves office, according to two people told of the discussion.
It was not clear who raised the topic. The men had also talked previously about a pardon for Giuliani, according to the people. Trump has not indicated what he will do, one of the people said.
Giuliani’s potential criminal exposure is unclear. He was under investigation as recently as this summer by federal prosecutors in Manhattan for his business dealings in Ukraine and his role in ousting the American ambassador there, a plot that was at the heart of the impeachment of Trump.
TIt's a plot now, and further confirmation the House was stolen so no impeachment of Biden for the conduct Trump of which was accused.
Giuliani did not respond to a message seeking comment, but after a version of this article was published online, he attacked it on Twitter and said it was false. Christianné L. Allen, his spokeswoman, said Giuliani “cannot comment on any discussions that he has with his client,” and Giuliani’s lawyer, Robert Costello, said, “He’s not concerned about this investigation because he didn’t do anything wrong, and that’s been our position from Day 1.”
A spokeswoman for Trump did not respond to an e-mail seeking comment.
Such a broad pardon preempting any charge or conviction is highly unusual but does have precedent. In the most famous example, Gerald Ford pardoned Richard Nixon for all of his actions as president. George Washington pardoned plotters of the Whiskey Rebellion, shielding them from treason prosecutions, and Jimmy Carter pardoned thousands of American men who illegally avoided the draft for the Vietnam War.
Trump has wielded his clemency powers liberally in cases that resonate with him personally or for people who have a direct line to him through friends or family, while thousands of other cases await his review.
That's what all presidents do, and they neglected the H.W. Bush pardon of Weinberger and others in their rundown.
In July, Trump commuted the sentence of his longtime adviser Roger Stone, who had refused to cooperate with the special counsel’s investigators and was eventually convicted of seven felonies. Last week, Trump pardoned his former national security adviser Michael Flynn, who had backed out of his cooperation agreement with the special counsel’s office for “any and all possible offenses” beyond the charge he had faced of lying to federal investigators.
That's where the printed indictment ended.
A pardon for Giuliani, who has been involved in some of the president’s most brazen acts, is certain to prompt accusations that Trump has used his pardon power to obstruct investigations and insulate himself and his allies. Andrew Weissmann, a top prosecutor for the Special Counsel Robert Mueller, has said that Trump’s dangling of pardons for his allies impeded their work.
The Flynn pardon raised expectations that Trump would bestow clemency on other associates — like his former campaign chairman Paul Manafort, who refused to discuss matters from the 2016 election with prosecutors — in his final weeks in office.
The president’s discussions of a pardon for Giuliani occurred as he has served as one of the loudest voices publicly pushing baseless claims of widespread election fraud that cost Trump the election. Many of Trump’s longtime aides have refused to do the president’s bidding on the election results, but Giuliani has repeatedly thrust himself into the spotlight to cast doubt on them, further ingratiating him with the president.
How would they know they are baseless?
They haven't investigated anything!
Giuliani has asked Trump’s campaign to pay him $20,000 a day for his work on trying to overturn the election, a figure that would make him among the most highly paid lawyers in the world. The staggering sum has stirred opposition among Trump’s aides that Giuliani has perpetuated the claims of election fraud in hopes of making as much money as possible.
Why doesn't the Times ask Rudy who told him those buildings were going to turn to dust and collapse into their own footprints, and why he destroyed a crime scene and sent the still to China to be melted down?
Giuliani has expressed concern that any federal investigations of his conduct that appear to have been dormant under the Trump administration could be revived in a Biden administration, according to people who have spoken to him.
Not if you stop fighting and accept the coup.
Legal experts say that if Trump wants to fully protect Giuliani from prosecution after he leaves office, the president would most likely have to detail what crimes he believed Giuliani had committed in the language of the pardon.
Federal prosecutors in Manhattan have been investigating since 2019 the role of Giuliani and two other associates in a wide-ranging pressure campaign directed at pushing the Ukrainian government to investigate Trump’s rivals, namely the son of Joe Biden.
The two Giuliani associates — Lev Parnas and Igor Fruman — were arrested in October 2019 as they prepared to board a flight from Washington to Frankfurt with one-way tickets. Parnas and Fruman were charged with violating campaign finance laws as part of a complex scheme to undermine the former American ambassador in Kyiv, Marie L. Yovanovitch, whom Giuliani and Trump believed should have been doing more to pressure the Ukrainians.
Those guys are part of the Jewi$h mafia, and which faction of that crime syndicate would you prefer to be ruled by?
Prosecutors in Manhattan continued to investigate Giuliani’s role in the scheme over the past year, focusing on whether he was, in pushing to oust the American ambassador to Ukraine, essentially double dipping: working not only for Trump but also for Ukrainian officials who wanted the ambassador gone for their own reasons, according to people briefed on the matter.
It is a federal crime to try to influence the US government at the request or direction of a foreign official without disclosing their involvement. Giuliani has said that he did nothing wrong and that he did not register as a foreign agent because he was acting on behalf of Trump, not any Ukrainians.
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If I were Trump I would pardon Snowden and Assange on my way out, too, giving the Deep $tate that stole the election a big fuck you, and what's amazing is the pardons for the family have been completely scrubbed from the Globe pickup!
"President Trump has discussed with advisers whether to grant pre-emptive pardons to his children, to his son-in-law and to his personal lawyer Rudolph W. Giuliani, and talked with Giuliani about pardoning him as recently as last week, according to two people briefed on the matter. Trump has told others that he is concerned that a Biden Justice Department might seek retribution against the president by targeting the oldest three of his five children — Donald Trump Jr., Eric Trump and Ivanka Trump — as well as Trump’s husband, Jared Kushner, a White House senior adviser. Donald Trump Jr. had been under investigation by Robert S. Mueller III, the special counsel, for contacts that the younger Trump had had with Russians offering damaging information on Hillary Clinton during the 2016 campaign, but he was never charged. Kushner provided false information to federal authorities about his contacts with foreigners for his security clearance, but was given one anyway by the president. The nature of Trump’s concern about any potential criminal exposure of Eric Trump or Ivanka Trump is unclear, although an investigation by the Manhattan district attorney into the Trump Organization has expanded to include tax write-offs on millions of dollars in consulting fees by the company, some of which appear to have gone to Ivanka Trump. Presidential pardons, however, do not provide protection against state or local crimes....."
Coincidentally, Barr's Justice Department is now investigating a possible bribery and lobbying scheme in return for White House pardons(!) and I don't know what he is worried about if these reports are true:
It is one of many planned parties this month, and he doesn't seriously think they will let him back in after denying him a second term, does he?
If so, he is more of an idiot than I thought.
"President Trump has raised about $170 million since Election Day as his campaign operation has continued to aggressively solicit donations with hyped-up appeals that have funded his fruitless attempts to overturn the election and that have seeded his post-presidential political ambitions, according to a person familiar with the matter. The money, much of which was raised in the first week after the election, according to the person, has arrived as Trump has made false claims about fraud and sought to undermine public confidence in the legitimacy of President-elect Joseph R. Biden Jr.’s victory. Instead of slowing down after the election, Trump’s campaign has ratcheted up its volume of email solicitations for cash, telling supporters that money was needed for an “Election Defense Fund.” In reality, the fine print shows that the first 75 percent of every contribution currently goes to a new political action committee that Trump set up in mid-November, Save America, which can be used to fund his political activities going forward, including staff and travel. The other 25 percent of each donation is directed to the Republican National Committee. A donor has to give $5,000 to Trump’s new PAC before any funds go to his recount account. Still, the Trump campaign continues to urgently ask for cash. While a breakdown of the money was not immediately available, the deluge of donations would appear to have paid off any remaining Trump campaign debt (in the first days after the election, the fine print showed that contributions were earmarked for that purpose). The money is also likely to provide Trump with a sizable financial head start in paying for his post-presidency political activities....."
Looks like he won't be headed to prison or execution as he loots his way out the door and into history without even a sex charge.
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The New York Times says Biden must move quickly or the task will become more complicated, forcing him to navigate tricky currents of ideology, gender, racial identity, party affiliation, friendship, competence, personal background, and past employment.
Biden hires all-female senior communications team
She is going to be the face of the Biden administration there, and the sell-outs prove #MeToo was never a serious movement, while Biden’s reported choice for federal budget chief is a Clinton hack and pos.
Biden looks to fill out economic team with diverse picks
It's a group that includes several liberal economists and policy specialists who established their credentials during the previous two Democratic administrations.
Biden’s economic picks suggest focus on workers and income equality
The New York Times says his team is "stocked with champions of organized labor and marginalized workers," including Janet Yellen, the former Federal Reserve chair, who my print photo caption says is a "longtime champion of workers."
You really can't make this stuff up, folks.
That is the type of hard-hitting, investigative stories the New York Times will be bringing you during the reign of the Biden regime.
I thought I smelled something familiar.
Mary Nichols has been the regulator behind some of the nation’s most ambitious climate policies and, in recent years, she’s been their staunchest defender against President Donald Trump’s effort to dismantle them, and it replaced this printed New York Times flop as environmental groups see a tremendous opportunity to address climate change in a Biden administration.
I'm told $cience is the way forward despite the bias, falsehoods, and evidence that come with the "experts" consensus, and there is a far more streamlined approach to the climate crisis than the Paris Agreement because the best climate change solutions benefit humanity and nature like the new BBC series that follows a former Boston couple saving chimps in Liberia (“Baby Chimp Rescue” debuts on Saturday on BBC America) before they disappear.
Major storm to unleash snow, heavy rain and wind in eastern US
It was the first powerful winter storm of the season when WINTER is STILL THREE WEEKS AWAY!
Neverthele$$, the seeds of truly green technologies are being planted now with unexpected findings from the world of social science as the Globe watchdog digs up big tech’s dirt because the pandemic can’t kill ‘Rocky Horror’:
"The sheer breadth of the current outbreak means that the cost in lives lost every day is still climbing. More than 170,000 Americans are now testing positive for the virus on an average day, straining hospitals across much of the country, including in many states that had seemed to avoid the worst of the pandemic. More than 1.1 million people tested positive in the past week alone. At the peak of the spring wave in April, about 31,000 new cases were announced each day, though that was a vast undercount because testing capacity was extremely limited. Still, the toll of the virus was an abstraction for many Americans because deaths were concentrated in a handful of states like New York, New Jersey and Louisiana. Now the deaths are scattered widely across the entire nation, and there is hardly a community that has not been affected....."
Yeah, it's the usual suspect and criminal liars claiming that virus deaths are approaching the spring record while the president-select is coming in ready to navigate the coronavirus crisis and the CDC to shortens quarantine!
"Dr. Scott W. Atlas, the former Stanford University radiologist who espoused disputed theories and rankled government scientists while advising President Trump on the pandemic, has resigned his White House position, according to a senior government official. The move was not entirely unexpected. Dr. Atlas caught Mr. Trump’s eye with his frequent appearances on the Fox News Channel over the summer, and joined the White House in August as a special government employee for a limited term that was set to expire this week. Fox News first reported his resignation, which Dr. Atlas later announced on Twitter. “I worked hard with a singular focus — to save lives and help Americans through this pandemic,” Dr. Atlas wrote in a letter obtained by Fox, adding that he “always relied on the latest science and evidence, without any political consideration or influence,” but some of Dr. Atlas’s administration colleagues would likely differ with that assessment, citing views that differ starkly from those put forth by officials at the Centers for Disease Control and Prevention and other government scientists. Dr. Atlas has argued, for example, that the science of mask wearing is uncertain and that children cannot pass on the coronavirus. Even more controversial was his libertarian vision of the role of the government in the pandemic. In Dr. Atlas’s view, the government’s job was not to stamp out the virus but simply to protect its most vulnerable citizens as Covid-19 takes its course. His argument was that most people infected with the virus would not get seriously ill, and at some point, enough people will have antibodies from Covid-19 to deprive the virus of carriers — “herd immunity.” Public health experts were appalled, and Dr. Atlas clashed in particular with Dr. Anthony S. Fauci, the government’s top infectious disease specialist, and Dr. Deborah L. Birx, the coronavirus response coordinator. “I don’t want to say anything against Dr. Atlas as a person, but I totally disagree with the stand he takes. I just do, period,” Dr. Fauci said earlier this month on the NBC program “Today,” but Dr. Atlas had the ear of one person who mattered: Mr. Trump.
How SAD that the man who had the weight of the world on his shoulders is now history, and so is Trump since he didn't extend his stay.
I would be remiss without thanking him for what he did, and if government was supposed to protect the most vulnerable, it failed at the state level in regard to nursing homes.
The Globe has the chutzpah to claim that it saved America from the Trump wrecking crew, and thus saved democracy, but the honeymoon phase will be short for Biden because of his dementia.
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They told the New York Times Trump is better, ha-ha-ha-ha!
Related:
"Hong Kong on Monday imposed sweeping curbs to stop a fresh spike in coronavirus infections, closing government offices and swimming pools and limiting public gatherings to two people. The announcement follows Sunday’s decision to close schools for in-person teaching the rest of the year. The territory’s leader, Chief Executive Carrie Lam, announced 76 new confirmed cases on Monday, including nine that were untraceable. That was on top of 115 infections reported Sunday. The upsurge is “very severe,” Lam told reporters. “I don’t want the public to mistakenly reckon that the peak of the epidemic is over already,” she said. Lam said government employees, except those in emergency services, would work from home. She appealed to private employers to do so as well if they could. That marks the third time government employees have been told to stay home this year in an attempt to control repeated surges of the virus. The government will take over two hotels with a total of 800 rooms for use as quarantine centers, Lam said. She said three government facilities with 600 to 700 beds that were used earlier for quarantine would be reopened. Restaurants were ordered to limit diners to two people per table and move up mandatory closing to 10 p.m. from midnight. Gyms will be limited to two people at one time. Fines for violations will increase, Lam said, but she gave no details. “We are now closing everything, almost everything, except the restaurants because we are meeting the daily needs of the people, Lam said."
"Surging coronavirus cases in the United States have translated into record numbers of infections among American military personnel in Japan’s Okinawa Prefecture, according to local media reports. Authorities announced Monday that 72 new cases had been detected among military personnel who underwent PCR testing after arriving from overseas — the highest number to date. Due to a mandatory two-week quarantine for all new arrivals, no Okinawa-based troops or members of the public have been exposed, according to officials. The US Marine Corps, which has a base in Okinawa, stopped reporting individual coronavirus cases in early November, according to Stars and Stripes. Whether cases are found among service members, civilian employees, or family members of military personnel is also not disclosed. Most infections reported by the US military in Japan are typically found in people who have recently arrived from the United States, the paper reported. Although Japan is one of several Asian nations reimposing restrictions as colder weather and “pandemic fatigue” lead to a rise in cases, community transmission is still nowhere near the levels of the United States. According to data compiled by Johns Hopkins University, Japan added 11 new cases for each 100,000 people last week, compared to 297 in the United States."
There are 10 fatal flaws in the PCR test, and they should be discarded immediately.
It's ALL a LIE, folks!
"Thai authorities said Monday that they have launched a large-scale contact tracing effort after three recent travelers tested positive for the coronavirus in the north of the country. Provincial governor Prachon Pratsakul said the three women are Thai nationals who had skipped border controls and the mandatory quarantine upon their return to Thailand from neighboring Myanmar, Reuters reported. Overall, more than 300 people could have been exposed to the virus, including in restaurants and a shopping mall. About 150 people have already been identified, authorities said, adding that officials are seeking to identify an additional 200 people who may have come into contact with the three women. Thailand has managed to keep the number of coronavirus infections and deaths low because of a combination of rigorous tracing protocols and border restrictions, with fewer than 4,000 cases confirmed in the country so far. According to official statistics, 60 people have died of the virus in Thailand, a country of around 70 million residents. Meanwhile, neighboring Myanmar is facing a surge in new cases, with more than 1,500 new infections reported Sunday. The Bangkok Post reported that Thai authorities are working to reinforce controls along the Thailand-Myanmar border in response to the incidents."
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One last look at the Trump economy:
"Wall Street wraps up monstrous November" by Hamza Shaban and Taylor Telford Washington Post, November 30, 2020
US stocks slid on Monday but still delivered a record-breaking November marked by major developments on the political, economic, and coronavirus fronts.
The Dow Jones industrial average gave up nearly 270 points, or 0.9 percent, by market close, but nonetheless bagged its best monthly performance since 1987.
It also crashed that year.
Markets have been on the upswing since news outlets projected Democrat Joe Biden the winner of the Nov. 3 presidential election, creating political clarity even as President Trump pressed baseless claims of widespread voter fraud and refused to concede. Then came several promising announcements showing the effectiveness of coronavirus vaccine candidates. Last week’s formal launch of the White House transition lifted Wall Street’s optimism further, notching double-digit growth and solidifying November’s broad-based rally as one of the best performances in more than 90 years.
The Dow, which last week surpassed 30,000 for the first time, climbed 12 percent this month. Analysts are encouraged by the makeup of the rally, which has broadened beyond the giant technology companies that fueled much of Wall Street’s comeback in the summer months.
Other sectors also powered the gains, as are smaller companies — another upbeat economic indicator.
Wall Street also cheered Biden’s early Cabinet picks. Perhaps chief among those was the selection of Janet Yellen to head the Treasury Department. Yellen led the Federal Reserve from 2014 to 2018, overlapping the Obama and Trump administrations. During the pandemic, she has emerged as a leading voice urging robust spending from Congress to avoid further economic damage. She’s also praised governments that have taken a more aggressive approach to containing the virus.
On Nov. 23, nearly three weeks after the election, the head of the General Services Administration formally notified Biden that the transfer of power could begin. The crucial bureaucratic step — which allows the incoming administration to access public funds, partake in security briefings and access the expertise of the federal bureaucracy — was seen as a stabilizing signal to investors even as Trump refused to acknowledge his defeat.
When bu$ine$$ abandons him after all he has done for them, you know it's over.
I'm almost glad. Let Biden suck on a cratering stock market and shitty economy.
You wanted it, you got it.
’'November’s rally built on three very promising vaccines for covid-19, greater post-election certainty that includes market friendly cabinet nominations, and a forthcoming peaceful transition of power,’' said Michael Farr, president of Farr, Miller & Washington, but there are still major concerns for the weeks and months ahead, he added: an unrelenting pandemic, the economic suffering of households in desperate need of government aid, volatile political dynamics in the Middle East and protracted trade tensions with China.
My only concern is the COVID lie and the needle behind it.
In November, the United States has recorded more new cases than ever — more than 100,000 per day — and many states reported record-high caseloads and hospitalizations. More than 13.4 million Americans have fallen ill, and 266,000 have died since the virus took hold of the country this year.
Biden’s election means the United States probably will return to a more traditional approach to trade policy, which will in turn provide more clarity for investors, said Kristina Hooper, the chief global market strategist at Invesco. ’'The good news is that we now have a lot of visibility and clarity on 2021, and that has been the main driver of the November rally,’' she said, describing the wave of positive vaccine announcements as a ’'game changer.’'
It allowed some to ca$h out early anyway.
The resurgence of Wall Street dealmaking is another sign of growing business confidence, even as the virus continues to spread.
Time to WAKE the FUCK UP, America!
On Monday, S&P Global announced that it will merge with IHS Markit in a $44 billion all-stock deal, in the biggest corporate tie-up of 2020, creating a financial data colossus. During the third quarter, mergers and acquisitions around the world tallied more than $1 trillion worth of transactions, according to Refinitiv data, after deals plummeted earlier this year because of the pandemic.
Nicole Tanenbaum, partner and chief investment strategist at Chequers Financial Management, said a recovery is still far in the distance as infections surge, but ’'investors have continued to keep an eye toward the long-term economic implications an effective vaccine will ultimately bring to a post-pandemic world.
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Speaking of that deal:
"S&P Global’s $39 billion deal marks data’s dominance in markets" by Lananh Nguyen and Viren Vaghela Bloomberg, November 30, 2020
S&P Global Inc. grew out of a firm that provided bond ratings and railroad data. IHS Markit Ltd. traces its roots to a British barn and an effort to offer prices for the opaque world of credit derivatives.
Now, the second-biggest acquisition of 2020 will combine the two into a data Goliath that tracks everything from the price of wheat to the movements of hundreds of thousands of ships criss-crossing the world’s oceans.
The $39 billion deal underscores the central role of data in financial markets and the ever-growing demand from investors for information that gives them an edge in increasingly fast and computerized markets. Global spending on market data and analysis rose almost 6 percent to $32 billion last year, according to Burton-Taylor International Consulting.
“Data is the lifeblood of markets,” said Roman Ginis, chief executive officer of Imperative Execution, an equities-trading venue. “Diversifying into data makes a lot of sense, and the more people need this data, the more you can charge for it.”
Everything is for f**king sale in this $hit country!
S&P is widely known for its ratings and index businesses, and the purchase of IHS Markit would give it a stronger foothold in more opaque markets for financial derivatives including credit default swaps and collateralized loan obligations. In commodities, S&P Global Platts is the main provider of benchmark prices for key raw materials, including oil and refined products. That business could be complemented by IHS Markit’s maritime products, which include ship tracking, port data, and information on trade flows.
Those are all set to collapse, and is the kind of stuff that caused the 2008-2009 meltdown!
Bloomberg LP, the parent of Bloomberg News, competes with IHS Markit and S&P Global in providing financial analytics and information. Other providers include Moody’s Analytics, FactSet, and Intercontinental Exchange Inc., according to Burton-Taylor.
Some recent transactions in the industry have come under scrutiny.
Here we go!
London Stock Exchange Group Plc is still negotiating with the European Union over its agreement last year to acquire Refinitiv Holdings Ltd. for $27 billion, over concerns that the company’s control of data could make it the gatekeeper for an entire industry, but Bloomberg Intelligence analyst Larry Tabb said he doesn’t see significant antitrust risk in the S&P deal.
This fits in line with the Great Communi$t Re$et!
The deal will likely get separate scrutiny from merger regulators in the European Union and UK as the British authority starts weighing deals after the country’s exit from the EU.
The combination could also reduce S&P Global’s reliance on a ratings business whose fortunes are somewhat tied to market activity. IHS Markit said almost 90 percent of its revenue in the nine months ended in August was recurring.
IHS Markit has grown rapidly over the past two decades and has faced regulatory concerns about competition before. A civil probe by the US Justice Department examined whether banks conspired to use Markit before the financial crisis to maintain their dominance in credit-default swaps and prevent new players from gaining a foothold. The DOJ probe was dropped after government concerns were addressed by new rules under the Dodd-Frank Act, people said at the time.
The European Commission said in 2013 it probed difficulties faced by Deutsche Boerse AG and Chicago-based CME Group Inc., two of the world’s largest derivatives clearinghouses, as they sought to start a central clearing platform for instruments including credit default swaps from 2006 to 2009. Markit and the International Swaps and Derivatives Association, which was also under investigation, settled the claims in 2016.....
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Of course, November is the cruelest month.
"Unemployment statistics during the pandemic have been inflated by backlogs, according to GAO report" by Eli Rosenberg Washington Post, November 30, 2020
The nation’s weekly unemployment statistics have been plagued by backlogs, fraud, and inconsistent data reporting state by state, making them a seriously flawed measurement that has likely overstated the amount of individuals claiming unemployment during the pandemic, according to a federal report released Monday.
You gotta be f**king kidding me!
Is there no amount of absurdities they expect us to believe, or do they just not care?!!
Yeah, the unemployment isn't as high as you think it is!
The Government Accountability Office, the nonpartisan auditing agency that works for Congress, was unsparing about the problems with unemployment statistics, as part of a lengthy report that looked at the country’s response to the coronavirus.
In particular, unemployment numbers have likely been inflated due to issues with backlogs that have plagued many state unemployment systems, it found.
Just like the COVID deaths and caseloads!
The Labor Department doesn’t actually count each person who is claiming jobless benefits every week. Historically, the agency has used the states’ tally of ongoing continued claims as a stand-in for the number of people receiving unemployment benefits at any given time, and each week of unemployment is counted as a separate continued claim, the GAO noted.
Why the fiddle-fuck confu$ion?
Before the pandemic, this was a fine approximation, but due to the massive level of backlogs, as well as the ability for some workers to file claims retroactively, this has resulted in a significant number of inflated claims during the pandemic, the GAO said.
The claims have also relied on inconsistent reporting of data, state by state, from the Pandemic Unemployment Assistance program - the unemployment compensation Congress created for gig and self-employed workers, which has further complicated week-to-week comparisons of the data.....
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Related:
CEO Abby Johnson said that the heavy volume of questions from customers is prompting the company to hire more people than normal this year and in 2021, and assets under Fidelity’s direct control as well as those managed by other financial firms but processed by Fidelity, have risen 13 percent in the past year to $8.8 trillion.
Also see:
"Federal Reserve Chairman Jerome Powell says while progress on developing vaccines had been “very positive,” significant challenges remained regarding the timing, production, and distribution of the vaccines, and it remained difficult to assess the economic implications of this process with any degree of confidence. Powell’s remarks were prepared for a joint appearance he will make on Tuesday with Treasury Secretary Steven Mnuchin before the Senate Banking Committee....."
The FCC stopped listening and is also leaving.
"Wall Street kicked off December with more milestones Tuesday after a broad rally for stocks pushed the S&P 500 and Nasdaq composite to new highs. The S&P 500 gained 1.1%, with Big Tech companies and banks driving a big part of the rally. The strong opening to December follows a 10.8% surge for the broad index in November, marking its best month since April. The tech-heavy Nasdaq climbed 1.3%. Both indexes beat the record highs they set on Friday. Treasury yields also rose in another sign of optimism from investors. Stocks have been ramping higher in recent weeks as investors focus on the possibility that coronavirus vaccines could soon help usher in a fuller global economic recovery. Lawmakers in Washington are debating once more whether to deliver another round of coronavirus relief to the economy before President Donald Trump leaves office. “It seems like both the House and the Senate are trying to break this logjam,” said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. “It seems the market is feeding off that.” Roughly 76% of the companies in the S&P 500 rose Tuesday, as did every sector in the index, except for industrials. Technology stocks led the way higher, with the Big Tech companies notching gains. Apple rose 3.1% and Microsoft gained 1%. Facebook climbed 3.5%, while Netflix added 2.8%. Google parent Alphabet rose 2.3% and Amazon gained 1.6%. Banks, health care stocks and companies that rely on direct consumer spending also helped drive the market higher. JP Morgan Chase gained 1.6% and Pfizer rose 2.9%. The yield on the 10-year Treasury rose to 0.93% from 0.83% late Monday, a big move....."
They have so f**ked him, and I would veto it if I were him.
Yeah, time is of the essence and“speed is now more important than size” now that Trump is leaving.
While the economic recovery has been stunted by a resurgence of the virus, investors are looking past much of that because of good progress on vaccine development. The Organization for Economic Cooperation and Development said in a report that the world economy will bounce back to its pre-pandemic levels by the end of next year. Investors are betting the economy will begin to turn around next year as pharmaceutical companies come closer to delivering vaccines to a world beaten down by the COVID-19 pandemic.
You can FUCK OFF with that!
They apparently intend to have their whole project completed and us all vaccinated by then, huh?
Good luck!
Unemployment remains high as the COVID-19 outbreak widens the gulf between average people and the wealthiest Americans.
Gee, Klaus Schwab said they will be fixing that!
Of course, the "virus" didn't do any of that; it was done by EVIL MEN who are CRIMINAL PSYCHOPATHS!
The virus, which has claimed more than 269,000 lives nationwide, is resurgent across the country amid holiday travel and colder weather sending people indoors. President-elect Joe Biden on Tuesday repeated calls for Congress to pass immediate pandemic relief funding even before he takes office. The coronavirus vaccine optimism, plus economic data that, while uneven, continue to point to a recovery, low interest rates and now signs that Washington might take another stab at a stimulus bill are giving investors a green light to push stocks to new highs, said Samana. “When you take it all together and piece it into a mosaic, to a lot of investors it seems like there’s no way to lose if all of these tailwinds are conspiring to drive equities higher,” he said, adding the market’s upward push may be getting “a bit overdone.” Early in Wall Street’s recovery this spring, it was Big Tech that almost singlehandedly carried the market higher on expectations that work-from-home and other trends would mean bigger profits for them, but hopes for a vaccine and return to economic normalcy have been helping boost stocks of companies whose profits are more closely tied to the economy’s strength. The higher yields are also helped bolster banks, which rely on higher bond yields to charge more lucrative interest on loans....."
I'm so glad they are picking up the $lack, aren't you?
Related:
The Wa$hington Compo$t says the effort still faces enormous hurdles, and most congressional aides are skeptical that the push will succeed even as the biparti$an center asserts itself.
Also see:
It's Trump trying to break a union, just like the Bo$ton Globe!
"Black Friday, Cyber Monday sales disappoint, another sign the economic recovery is stumbling" by Abha Bhattarai Washington Post, December 1, 2020
Fewer Americans shopped during Black Friday weekend, and those who did spent less than they did a year ago. It’s the latest example of how the pandemic has upended consumer habits and created new challenges for retailers.
Roughly 186 million shoppers purchased something online or in-store from Thanksgiving through Cyber Monday, down from 190 million a year ago, the National Retail Federation said Tuesday. Shoppers spent an average of $312, a 14 percent drop from $362 in 2019.
Did you bargain for this when you threw in with the COVID fraud and Great Reset?
The industry group attributed those declines in Black Friday sales to a flurry of early holiday deals that retailers began rolling out in October, but analysts said a number of economic uncertainties, combined with high unemployment and rising COVID-19 rates, have put a damper on consumer spending during the all-important shopping period.
Fine, delude your$elf. I won't be doing any shopping this year anyway.
’'It’s going to be a tough holiday season for most retailers,’' said Paula Rosenblum, managing partner at RSR Research. ’'Target, Walmart, grocers, and sporting goods stores are cleaning up, but hundreds of thousands of independent retailers have already gone out of business. Things are going to get worse before they get better.’'
Nine months into a global pandemic, retailers have already made sweeping changes to their supply chains, store layouts, and online capabilities to adapt to changing consumer demands. Many have introduced curbside pick-up options and beefed up their websites and mobile apps.
Black Friday sales also got a makeover, with some of the country’s largest retailers — Amazon, Target, and Walmart among them — kicking off discounts in early October. Many chains also closed stores on Thanksgiving and staggered in-store sales over several weeks, in hopes of defusing large crowds. (Jeff Bezos, Amazon’s founder and chief executive, owns The Washington Post.)
The efforts appeared to work: In-store shopping fell 55 percent on Thanksgiving and 37 percent on Black Friday, compared to a year ago.
’'We knew the pandemic was going to impact in-store foot traffic and we anticipated that consumers would shift some of their shopping behavior online and we certainly saw that,’' Matthew Shay, retail federation chief executive, said on a call with reporters on Tuesday. Though e-commerce sales notched new highs, online sales growth was not as pronounced as analysts had expected. Americans spent a record $10.8 billion online on Cyber Monday, up 15 percent from last year, making it the largest online shopping day in US history, according to Adobe Analytics.
That is when my printed paper stopped shopping.
The group, which tracks online sales at 80 of the nation’s 100 largest retailers, had forecast growth between 15 and 35 percent. On Tuesday, it revised down its online holiday sales forecast by $5 billion, to $184 billion. Last year, by comparison, Americans spent $142 billion online.
The pandemic has widened the divide between the country’s largest and most profitable retailers, and the rest of the industry. Analysts say they expect that gap to become even more pronounced during the holiday shopping season, when Americans are more likely to buy from retailers they already frequent.
Amazon on Tuesday said this holiday season was the biggest of its 26-year history. The company did not disclose sales figures, but said the weekend’s big sellers included its new Echo Dot home device, former president Barack Obama’s new book, ’'A Promised Land,’' and a hair-drying brush from Revlon. Shoppers also loaded up on toys, genetic testing kits, and ’'cozy comfort’' items, the company said.
I'm glad the Bea$t is getting phat!
The retail federation last week projected robust growth in holiday spending — 3.6 to 5.2 percent compared with the 3.5 percent average recorded the past five years — because consumers would be buoyed by a record-high stock market and climbing home values, but the coronavirus recession has fueled stubbornly high unemployment, leaving millions of Americans out of work and struggling to put food on the table.
Those numbers are being inflated!
’'This is a very bifurcated recovery,’' Rosenblum said. ’'The savings rate is high, but evictions are back on the table and there’s no stimulus money on the horizon. For many people, this is not going to be a pretty Christmas.’'
The rich are not only getting richer, they have all the money!
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Related: Black Friday Fa$t
They had such high hopes, too:
"Retailers hope Small Business Saturday will be more than a hashtag" by Lucas Phillips Globe Correspondent, November 28, 2020
Local businesses are hoping the down-home version of Black Friday — Small Business Saturday — will propel them into a successful holiday season amid a pandemic that has some retailers on the brink of closing.
The state’s top political officials voiced support for Small Business Saturday, a campaign to promote local businesses started by credit card company American Express a decade ago.
That is when I put my wallet back in my pocket.
Mayor Martin J. Walsh of Boston announced that street parking would be free to encourage consumers, Senator Elizabeth Warren called on Washington to do more in support of businesses, and Governor Charles D. Baker joined in the retail association’s two-week #BuyInMA Challenge, which began Saturday.
“We need to shop like jobs depend on it, because they do,“ Baker said in a radio advertisement for the association’s campaign. The campaign also involves cash prizes for consumers who publicly support local businesses.
Mr. COVID lockdowns and mandatory vaccines can FUCK OFF!
In Cambridge’s Central Square, the “Popportunity Winter Market,” featuring more than 40 small storefronts, galleries, and tents, began Saturday to coincide with the campaign, according to organizers, and will run weekends through Dec. 20.
The retailers association is encouraging consumers to return to stores — which Jon B. Hurst, who has been president of the Retailers Association of Massachusetts for 30 years, said is safe, thanks to public health guidelines about mask wearing and crowding — or seek out local businesses online. Twice as many of their members are set up for online sales this year, he said.
PFFFFFFFFFT!
Lift this fraud and its onerous and harmful restrictions like distancing and masks, and we will; otherwise, $crew you!
Even though online sales are fiercely competitive, Hurst said he believes Massachusetts consumers may be uniquely attached to the local businesses that have been part of the fabric of New England for hundreds of years. “That’s why I’m optimistic that many will survive this,” he said.
We can't go back to the old ways.
Great Reset!
Frugal Bookstore in Nubian Square was seeing an increase in business Saturday, according to Clarrissa Cropper, one of the owners. “It is just really busy in here,” she said in a phone interview as she briefly stepped away from customers.
Mykaliah Best, 28, of Cambridge said Small Business Saturday was a good excuse to come to the store for copies of Barack Obama’s new memoir, bell hooks’s “All About Love,” and Matt Ruff’s novel “Lovecraft Country.” (Best was inspired by the HBO show of the same name).
Sigh.
It's crap propaganda!
“It’s Small Business Saturday and I wanted to spend my money at a small business — Black owned and in a black community,” said Best, who used to visit the store every week as a teenager.
No Whites allowed?
For Danny and Catherine Hardaway, who run Final Touch With Class Boutique on the other side of the Nubian Square bus station, said the loyalty that their customers show gives them comfort going into this uncertain holiday season, but the couple worry about the fate of Nubian Square with its many small businesses, said the Hardaways, who both grew up visiting the square and have actively promoted it as adults.
“We don’t want Dudley to go backward,” she said, using the old name for the square, which was renamed about a year ago.
In Dorchester, the owners of a small clothing store that has been struggling since the start of the pandemic had not heard of the campaign. Max Jean, whose family runs Lunotte’s Everything in the Four Corners area, said, hopefully, clothes and blankets will sell as well as they normally do as winter sets in, he said, but his family won’t let themselves be anxious about whether there will be a spike in holiday sales.
“We don’t worry about that,” Jean said. “We know we’re going to get some customers. You got to stay positive, man.”
Even when you are in debt!
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Related: $low $aturday $ayonara
Bye-bye, readers.
