“Sounds Like Corruption”: FCC Fast-Tracks “Soros Shortcut” Purchase Of 200+ Radio Stations

“Sounds Like Corruption”: FCC Fast-Tracks “Soros Shortcut” Purchase Of 200+ Radio Stations

The recent approval by the Federal Communications Commission (FCC) of billionaire activist George Soros’ acquisition of more than 200 Audacy radio stations has ignited controversy.

According to the NY Post, the FCC adopted an order to approve Soros’ purchase of more than 200 radio stations in 40 markets just weeks before the US election in November.

This development has prompted allegations from Republican FCC commissioners and lawmakers of straight up malarkey. According to the Post, this deal was pushed through with a partisan 3-2 vote just before the presidential election, potentially enhancing Soros’ reach to over 165 million Americans during a critical time.

The deal, which saw Soros funnel $400 million into the bankrupt Audacy network, has raised concerns because it involves foreign capital that exceeds the typical FCC cap on foreign ownership of U.S. radio stations. This cap is ordinarily set at 25%, but Soros’ proposal requests an exception, urging a swift process adjustment. Critics argue that this fast-tracking bypasses the usual national security checks that are standard for such significant transactions, suggesting an unprecedented move by the FCC.

Commissioner Brendan Carr slammed the move, criticizing the FCC for creating what he termed a “special Soros shortcut,” to which Elon Musk replied “[S]ounds like corruption.”

Carr was echoed by Nathan Simington, another Republican commissioner, who pointed out the irregularities in the approval process.

“The FCC has a practice of permitting entities temporarily to exceed foreign ownership caps when emerging from bankruptcy—and the majority, over my objection, did so here. But that wasn’t the only way in which this item was ‘fast-tracked,’” he told Fox News.

“Commission leadership tried to approve the item at the staff level, with nothing but a 48-hour notice to Commissioners on a summer Friday. There is almost no factual record on the item because there was almost no attempt to do a real public interest analysis,” Simington continued. “Not a single Commissioner outside of the Chairwoman was invited to even think about the issue until staff was directed to handle it on our behalf without our votes. That’s the true ‘fast-track.’

The transaction is stirring concerns over potential shifts in media influence. Soros’ track record of acquiring media outlets and shifting their editorial directions has been a point of contention, especially concerning conservative radio programming. The Soros Fund Management, however, has stated plans to revisit the FCC for a regular review in the future.

Amid these developments, FCC Democrats argue that similar procedural flexibilities have been applied under previous administrations, citing bankruptcy cases like Cumulus Media and iHeart Media, where foreign ownership limits were temporarily exceeded to facilitate restructuring.

Rep. Nick Langworthy (R-NY) called out the FCC over the move – saying “Looking at the facts, it seems the administration is giving a left-wing billionaire, who is a major donor, a close ally, one of the chief funders of all of their efforts and their dark money, a free pass to take control of hundreds of local radio stations, flooding the airwaves with leftist propaganda and I think it’s blatant.

Tyler Durden
Wed, 09/25/2024 – 16:40

via ZeroHedge News https://ift.tt/3jbWfD9 Tyler Durden

Key Ukrainian Stronghold About To Fall To Russia As Zelensky Touts ‘Victory Plan’ In D.C.

Key Ukrainian Stronghold About To Fall To Russia As Zelensky Touts ‘Victory Plan’ In D.C.

Having been in the United States since Sunday, Ukrainian President Volodymyr Zelensky is about to present his ‘victory plan’ to President Biden, as well as VP Kamala Harris and former President Donald Trump, likely in that order as the meetings unfold this week.

He said in an ABC News interview published Tuesday, “I think that we are closer to peace than we think.” But he caveated this by saying this will only be assured if Ukraine comes from a “strong position” with the help of Western backers.

Aerial view of the Ukrainian town of Vuhledar. Source: Mosccow Times/X @pavlokyrylenko_donoda

He described his so-called victory plan as not being focused on seeking to negotiate with Russia, but rather it is “a bridge to a diplomatic way out, to stop the war.”

“We just have to be very strong, very strong,” Zelensky said, and this is largely dependent on the “quick decisions”. He has also of late said that “bold” decisions must be made by Washington, in reference to the request for NATO to greenlight long-range missiles strikes on Russia.

“Everybody’s looking up to [Biden], and we need this to defend ourselves,” he told ABC, in an obvious effort to increase pressure on a somewhat hesitant White House. Ukraine also wants a firm path to NATO membership.

He further said his plan is about “the strengthening of Ukraine, Ukrainian army and Ukrainian people. Only in the strong position we can push [Russian President Vladimir] Putin to stop the war – diplomatic way.” He emphasized: “That is why we are asking our friend.”

Despite this optimism about Ukraine’s battlefield chances from Zelensky, Reuters on Tuesday has more bad news for Kiev, centering on rapid gains in Donetsk as another key town is about to fall.

“Russian forces have begun storming the eastern Ukrainian town of Vuhledar, a stronghold that has resisted Russian attack since the beginning of the 2022 war, according to Russian war bloggers and state media,” Reuters writes.

“Russian forces in eastern Ukraine advanced at their fastest rate in two years in August, according to multiple open source maps, even though a Ukrainian incursion into Russia’s Kursk region sought to force Moscow to divert troops.”

One well-known regional journalist and war observer, Leonid Ragozin—formerly of the BBC—agrees that things are looking bad for Ukraine forces in Vuhledar…

“The situation on the frontline couldn’t be worse for Zelensky-Biden summit,” Ragoniz writes.

So it seems Zelensky is busy in Washington ramping up the hawkish talking points even as his forces are against the ropes in the Donbass. “Russia can only be forced into peace, and that is exactly what’s needed — forcing Russia into peace,” Zelensky had told ABC further. But so far, it seems the opposition situation is unfolding.

Tyler Durden
Wed, 09/25/2024 – 15:15

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Is America’s Cultural Glue Weakening?

Is America’s Cultural Glue Weakening?

Authored by David Rose via the American Institute for Economic Research (AIER),

It’s hard to imagine a starker difference in political visions than between Trump-Vance and Harris-Walz. This could get ugly, so now is a good time to remind ourselves of what it is that holds us together as a nation and a people.

America is a nation of immigrants who had very different ideas about all sorts of things, but no group was able to impose its culture on the others to a significant degree. We naturally presume this produced a melting pot that united us by creating a new alloy out of many different metals.

But the real key to America’s success was not uniting us by homogenizing us. It was the emergence of a uniquely American culture that held us together through shared moral beliefs and principles, while allowing us to retain our personal individuality.

In America, heavy investment into our civic culture through these shared moral beliefs and principles produced the freest thinking minds in human history. The founders recognized this and worked hard to preserve it. This is why they wrote a constitution that provided a formula for a government that was to serve the citizens and not the other way around.

When Alexis Tocqueville published his first installment of “Democracy in America” in 1835, he argued that America had a distinctive culture that made it especially capable of self-government. There was something about the American culture that led to the proliferation of mediating institutions that in turn led to an extraordinary level of organic (uncoerced) cooperation. That, in turn, made Americans uniquely well-suited to practice democracy.

But just exactly how did that happen?

As America grew, specific religious beliefs became increasingly subordinated to an overarching moral belief structure. In short, not doing the moral don’ts (not lying, not stealing, etc.) became increasingly viewed as a universal moral duty and a public matter, while doing the moral dos (being conscientious, being generous, etc.) became things that were encouraged but otherwise viewed as a purely private matter.

This was not by design. It happened because, as the scale and scope of economic activity increased, it became increasingly impractical to abide by moral standards for behavior based on promoting, rather than protecting, the welfare of others around us.

This shift in moral thinking began long ago in the West. As people in the West lived in ever larger groups, religious wisdom began to reflect and reinforce this shift. As but one example Hillel (הלל), a towering figure in first century Talmudic thought, proclaimed:

“That which is hateful to you, do not do to your fellow [man]. That is the whole Torah; the rest is the explanation; go and learn.”

Hillel was effectively saying that avoidance of harm is what the Torah is about, not benevolence, which is consistent with not doing the moral don’ts taking precedence over doing the moral dos.

Because of America’s extraordinary diversity, the idea that we should concern ourselves with not doing the moral don’ts above all flowered most fully. This was also consistent with America’s early Protestant nature, which stressed that one’s conscience should guide moral decisions rather than any kind of religious formulary.

This was very important, because our ability to trust others we don’t know has nothing to do with hoping they’ll be nice to us by doing the moral dos to promote our welfare. In a large society it can’t. Small group trust is lovely, but it doesn’t scale up.

When you walk the streets of Manhattan, it is not your belief that everyone you pass is so inclined to do nice things for everyone else that it makes you feel safe enough to go about your business. It is your belief that they won’t do the moral don’ts.

Since not doing moral don’ts involves not taking actions, it doesn’t require resources. This means we can all obey all the moral don’ts at the same time. The moral don’ts therefore provide a basis for trust that can scale up.

The rise of civilization is the story of people living in ever-larger groups. In places like America, culture evolved even further, producing the moral belief that we should never do moral don’ts and use government, if necessary, to enforce them. Meanwhile, obeying the moral dos is to be treated as a purely private matter. In other words, we should mind our own business. This is so deeply ingrained in the American ethic that for us it’s like water to fish.

Being confident that, in most contexts, no harm would come to us led to a habit of extending trust to strangers unless there was a good reason not to. That is the essence of a high trust society. Since trust is a powerful catalyst to voluntary cooperation, this unleashed the power of freely directed cooperation as never before in human history.

Tocqueville’s own thesis for American success notes that many of our mediating institutions are highly trust dependent. These institutions were voluntary associations which is why they were epiphenomenal with a culture of freedom. It is difficult to imagine that such voluntary associations would last long if everyone in them was highly suspicious of everyone else.

But America’s cultural glue, which makes all of this possible, is weakening. Today’s civic and moral educators don’t stress the primacy of not doing the don’ts over doing the moral dos.

Instead, they preach that certain kinds of positive moral actions are duties—like driving an electric car. This is a prescription for a virtue-signaling arms race wherein people indulge their moral vanity by doing whatever they can to appear morally superior to everyone else.

Not so long ago in America it was considered rude to ask anyone other than one’s inner social circle which positive moral actions they undertook. But it now happens every second of every day on social media, in our grade schools, on our campuses, and even at work.

What really matters for trust is not what you do, but what you don’t do. But since inactions are not observed, they cannot be rewarded with social approval. Just imagine the reaction you’d get by bragging about the lies you didn’t tell, the property you didn’t steal, and the people you didn’t murder.

To earn explicit social approval, one must do the moral dos. So today, Americans loudly tout their doing of moral dos—whether that’s using the “right” pronouns or boycotting the “wrong” people. But they are basically touting that they are following the company line, so the price of social approval is steadfast conformity that can hardly be described as genuine freedom.

In most American schools today, children are taught that they should care enough about everyone else to be willing to think, say, and do approved things to produce conformity sufficient to unite us. But that’s not what made America a free and prosperous country. Getting along well enough to freely cooperate even with strangers, while preserving our individuality, is.

Unless we return to prioritizing not doing the moral don’ts over doing the moral dos, our cultural glue will weaken further, and we will become less trusting and therefore less willing to cooperate outside our most intimate social circles. We will increasingly be unable to do that which made America the envy of the world.

Tyler Durden
Wed, 09/25/2024 – 16:20

via ZeroHedge News https://ift.tt/zU1HfP6 Tyler Durden

Stocks, Bonds, Crypto, & Crude Plunge Ahead Of Powell/PCE

Stocks, Bonds, Crypto, & Crude Plunge Ahead Of Powell/PCE

Markets are reversing some of the positive momentum seen over the past few sessions. The Nasdaq outperformed on the day (thanks to NVDA & META) but only just managed to close green. The rest of the US majors were red with Small Caps the biggest loser…

…albeit without any clear drivers aside from potential anxiety ahead of Powell’s speech and GDP tomorrow and PCE on Friday.

The vol market is taking note…

Source: Bloomberg

Goldman’s Chris Hussey notes that under the surface, markets seem to be leaning into a combination of traditionally defensive and secularly growing pockets of the market, with Utilities, Tech, Communication Services, and Staples offsetting declines in more procyclical areas.

Source: Bloomberg

Yields on most US Treasury durations are also higher, a potentially another signal of investors more defensive posture…

Source: Bloomberg

The yield curve (2s10s) continues to bear-steepen – now at its steepest since June 2022…

Source: Bloomberg

But, as Hussey notes, with little new news to trade on, it’s hard to see what, exactly, is behind the move.

Another take on today’s price action – outperformance from stocks related to power demand, AI, plus higher 10-year yields – is increased confidence in the economy over the longer term.

Mag7 stocks extended yesterday’s gains but faded a little as the day wore on…

Source: Bloomberg

NVDA rallied notably but up to a key resistance level…

We also note that NVDA topped $3 trillion market cap once again (GOOGL and AMZN back above $2 trillion)…

Source: Bloomberg

Perhaps more notably, the machines were unable to manufacture some momentum in most-shorted stocks today, as they continue to languish in a narrow range…

Source: Bloomberg

Goldman’s trading floor noted that it was skewed small to buy with volumes quiet but S&P top of book (liquidity) bouncing back to much better levels ($11m+).

  • Both HFs and LOs net for sale.

  • We continue to see risk off flows on our trading desk.

  • HF covers (macro) by L/O passive trimming (singles) into strength.

Before we leave equity-land, we note that VIX ended higher today, holding above the 15 handle…

The dollar was on fire today, erasing the post-China stimulus weakness…

Source: Bloomberg

Yuan rejected 7.00/USD and faded…

Source: Bloomberg

…but despite the dollar strength, gold managed small gains to a new record high…

Source: Bloomberg

Some context for gold vs USD…

Source: Bloomberg

The strong dollar did weigh on crude prices which sank back below $70 (WTI) despite strong inventory draws (erasing all of the post-China-stimmy gains)…

Source: Bloomberg

Crypto pumped and dumped, with Bitcoin testing down to $63,000 (after topping $64,500)…

Source: Bloomberg

Finally, US Sovereign risk remains extremely elevated relative to the last few months…

Source: Bloomberg

Is crypto (and gold) starting to sense something’s breaking?

Tyler Durden
Wed, 09/25/2024 – 16:00

via ZeroHedge News https://ift.tt/MgUINqe Tyler Durden

Lucky Timing: Nancy Pelosi’s Husband Dumps $500k In Visa Stock Months Before Federal Antitrust Charges

Lucky Timing: Nancy Pelosi’s Husband Dumps $500k In Visa Stock Months Before Federal Antitrust Charges

Today in ‘total coincidences’ news, the world’s most gifted stock-picking family, the Pelosis, appear to have done it again, selling hundreds of thousands of dollars in Visa stock with what can only be described as timing that is beyond prescient.

Paul Pelosi sold more than $500,000 in Visa stock less than 3 months before the company was hit with federal antitrust charges, according to a new report from the New York Post.

The Post reported that on Tuesday, Visa faced a lawsuit accusing the company of illegally monopolizing the debit card market. The suit follows an extensive investigation by the Justice Department’s antitrust division, spanning several years.

According to the court filings, Visa is alleged to have leveraged its dominant market position to disadvantage customers and merchants who opted to use rival payment processors. Antitrust regulators claim Visa pressures fintech firms into working with them by threatening penalties for non-compliance. Visa has yet to comment. 

As of the time of this writing, Visa stock was down about 6.5% over the last 5 day period. 

Christopher Josephs, who runs the “Nancy Pelosi Stock Tracker” on X, posted a screenshot of a July 3 congressional filing showing that Paul Pelosi, husband of the former House Speaker, sold 2,000 Visa shares valued between $500,000 and $1 million.

The filing marked the sale as “SP” for spouse. At the time of the sale, there were no public signs of an impending antitrust lawsuit against Visa.

Hilariously, Nancy Pelosi’s spokesperson told the Post: “Speaker Pelosi does not own any stocks, and she has no prior knowledge or subsequent involvement in any transactions.”

But Ron Geffner, a former enforcement attorney with the Securities and Exchange Commission, said: “At various critical inflection points in history, members of our government have engaged in trading at a time which their conflicts are called into question.” 

Before adding: “Before public opinion judges Pelosi unfairly, it is important to determine who engaged in the transaction on her behalf as well as whether it was part of a broader change of her portfolio.”

Pelosi has a net worth in the hundreds of millions, largely from her and her husband’s investments. She has consistently opposed bipartisan efforts to ban stock trading by lawmakers and their spouses due to potential conflicts of interest, according to the report

Tyler Durden
Wed, 09/25/2024 – 15:45

via ZeroHedge News https://ift.tt/5Vejisl Tyler Durden

At Least He’s Not A Communist…

At Least He’s Not A Communist…

Authored by Eric Peters via EricPetersAutos.com,

Trump is exasperating.  But he’s not a communist.

The election that’s already under way (in part because of Trump’s exasperating failure to do anything to prevent states from turning Election Day into Election Months during the last year of his presidency) can be reduced to this simple maxim, which maybe Trump ought to tout.

At least I’m not a communist.

I’d vote for that. Probably a working majority of Americans would vote for that as the alternative to that is something most Americans never imagined could actually come to America. And that is precisely why it already has.

Most of the major planks of the Communist Manifesto have been part of American life for a century or even longer. Government control of education; “progressive” income taxes. And – above all – the effective elimination of private property by eliminating even the possibility of ever owning it. If you don’t think so, see what happens when you fail to pay the property taxes on the home you allow yourself to think you own but which you’re merely allowed to occupy, for as long as you keep paying for the privilege. That is not owning. It is renting.

Americans have not only gotten used to communism, many of them are communists. They prefer to call themselves Democrats – and Republicans, for that matter. But both believe in the same things that communists do, just to lesser or more degrees. Neither believes that what you earn is yours and that no one else has a right to a “fair share” of it. Neither believes that the education of children is the obligation of parents and – failing that – of other adults who are willing to pick up the slack at the expense of their own time and money. As opposed to voting to have the slack picked up by other people’s time and money.

Neither likes the idea of leaving others alone, even if they don’t like those others and disagree with whatever it is those others are doing, so long as whatever they’re doing isn’t actually imposing costs on others or harming others. They are both in favor of plans – theirs – and you are expected to abide by them.

Trump is cut from the same cloth – but he is at least not a communist. He has lots of plans, as for instance his plan to (somehow) reduce the exploding cost of car insurance. His plan does not include ending the compulsion that is fundamentally responsible for the exploding cost of car insurance. So we cannot expect to be allowed to eliminate the exploding cost of car insurance by being freed to not buy it.

But at least he’s not a communist.

Trump continues to take credit for the “beautiful” drugs he helped to push, by using the power of the federal government to eliminate the usual safety testing protocols (bad enough) and enable the drug-pushers to be in a position to literally push their drugs on people, something no seller of what are styled “street drugs” has ever done. People have always been free to Just Say No – to marijuana, cocaine and so on. But millions of Americans were not free to Just Say No to the “beautiful” drugs pushed on them by Pfizer, via the weight of the federal government.

But at least he’s not a communist.

It seems it has come to down to that. It is not much and yet it may be everything. Emphasis on may. Trump talks a lot – in his disjointed way – about a lot of things, most of which he never does anything about, such as lock her up as a for-instance.

But at least he’s not a communist and – just maybe – this time he will do rather than say he’ll do. And we can be sure of what the communists – the last Democrat, Robert F. Kennedy, Jr.,is now a Republican – will do. Because we know what communists always do. Their plan is always the same.

Ergo, the appeal of at least he’s not a communist.

It is a choice many of us would prefer not to have to make, but it is the only choice on the table. And – just maybe – a sufficient number of Americans will begin to question the acceptance of communism by drabs and dribbles that led to the current state of things.

Maybe Trump, himself, will begin to understand that the lesser of two evils is still evil and that communism is just about as evil it gets.

Tyler Durden
Wed, 09/25/2024 – 15:25

via ZeroHedge News https://ift.tt/DFa4Yt3 Tyler Durden

Home Prices Set To Soar Amid Mortgage Refi Explosion

Home Prices Set To Soar Amid Mortgage Refi Explosion

The Fed could not have picked a worse time to start easing (although with the election in just over a month, the “apolitical” Fed really had no choice).

As we predicted all the way back in December, the Fed would cut rates just in time for shtler/home prices and rent to start rising again…

… and sure enough, just days before the Fed’s jumbo 50bps rate hike, the BLS reported the first annual increase in shelter costs since March 2023.

But that’s just the beginning: for what happens next, and the next price surge from already record high prices… hold on to your hats.

Thanks to the Fed’s 50bps rate cut which has already translated into the cheapest mortgage borrowing costs in two years, applications to refinance mortgages surged for a second week: the Mortgage Bankers Association’s refinancing index (whose data covers more than 75% of all retail residential mortgage applications in the US) soared 20.3% in the week ended Sept. 20 to the highest level since April 2022 following a 24.2% surge in the previous week, as the rate on a 30-year fixed mortgage eased 2 basis points to 6.13%, the eighth straight weekly drop and the longest stretch of declines since 2018-2019.

That also helped boost the group’s home-purchase applications index higher by 1.4% last week to the highest level since early February. The fifth straight weekly advance in the measure points to burgeoning demand in a housing market that’s gradually finding some footing.

While traditionally an easing cycle does not immediately translate into a surge in refi applications, largely because borrowers would rather wait a little longer and lock in even lower rates, in this case there may be a glitch in the matrix since yields on the 10-year Treasury note already edged higher in the last week as traders debated the magnitude of Federal Reserve’s expected interest-rate cut in November as well as the path for reductions, and also started pricing in the next bout of inflation (which will be triggered in part by the coming burst in home prices).

Sure enough, as the average contract rate on a 15-year mortgage and the five-year adjustable-rate mortgage ticked up last week after sharp declines in the prior two weeks, those seeking to refinance may rush to do so now before rates rise even more and the curve steepens further.

But why do lower refi rates mean higher prices? Simple: lower prices means higher affordability, and as mortgage rates slide to the lowest in two years, borrowers are set to shave thousands of dollars off of their annual payments. That’s freeing up cash that could be used to continue consumer spending, outlays for home improvements, debt repayment and more. But mostly for home purchases and even higher home prices at a time when the home supply pipeline is woefully plugged up.

In fact, one can make the argument that the surge in refinancings could spark a dramatic, double-digit increase in median home prices.

But the recent surge indicates it may not take much for other mortgage holders to realize significant savings. The last time refinancing activity was this high, mortgage rates were just under 5%, according to MBA.

“While the level of refinance activity is still modest compared to prior refi waves, they now account for the majority of applications,” said Joel Kan, MBA’s vice president and deputy chief economist.

Consider the following example: the average loan refinanced last week was around $386,000. If it were taken out a year ago and assuming that $4,000 in principal has been paid off in that time, the original loan amount was about $390,000. At a 7.41% rate when that loan was originated, the homeowner would pay $2,700 a month. But refinancing the remaining $386,000 into a new 30-year mortgage at the current 6.13% rate would translate to a payment just under $2,350. That’s a saving of $350 a month or more than $4,000 a year!

Naturally, the drop in mortgage rates helps larger loans exponentially. For a $1 million mortgage — once extremely rare but now much more common — the payment with a 6.13% mortgage interest rate would be around $6,079 a month. But a year ago, with rates at 7.41%, the payment would have been over $6,900, so that homeowner could save more than $800 a month.

The chart below shows the recent drop in the average mortgage payment for a $500K house, 30Y mortgage and 20% down.

Of course, falling mortgage rates are just one piece of the affordability puzzle. On the resale market, where inventory remains near the lowest on record as owners remain locked into their low mortgage rates, the median price is $416,700, near the highest on record. Which is why any cash unlocked thanks to lower refi rates, will almost certainly go toward the price of a new home, just as Kamala’s $25,000 first home buyer subsidy will also lead to even recorder home prices. Which is why in the coming months, keep a close eye on the Owner-equivalent rent component of the CPI basket (which just happens to be the largest one) which is about to blast off just as fast as all those new mortgage refis.

Tyler Durden
Wed, 09/25/2024 – 15:05

via ZeroHedge News https://ift.tt/hpPxDNK Tyler Durden

Watch: RNC Chair Tries To Memory-Hole Mark Robinson; N.C. Christians Won’t Let Him

Watch: RNC Chair Tries To Memory-Hole Mark Robinson; N.C. Christians Won’t Let Him

Authored by Ben Sellers via Headline USA,

“North Carolina is becoming like a second home to me,” quipped Sen. JD Vance, R-Ohio, during a stop Monday at Charlotte’s Central Piedmont Community College.

Indeed, he and former President Donald Trump have traversed the battleground state in recent weeks, with stops in Raleigh and Wilmington over the past five days as they push hard to defend a razor-thin lead in the final stretch of the presidential race.

For better or worse, Republicans fear that the second home for Vance—which also happens to be the home state of Republican National Committee co-chairs Michael Whatley and Lara Trump (the president’s daughter-in-law via Eric)—now comes with its own proverbial black sheep.

Neither the local leftist media nor a coalition of Christian conservatives was willing to let GOP officials attempt to memory-hole the state’s besmirched gubernatorial candidate, Mark Robinson, following a CNN smear attack last week.

Robinson, the state’s current lieutenant governor, is accused of having posted crude and offensive comments online between 2008 and 2012—roughly six years before he was propelled into politics by a viral video about gun rights.

“What he said or didn’t say is ultimately between him and the people of North Carolina,” Vance said in response to one of three media questions, all seeming to ask the same thing about where GOP leaders stood currently with respect to Robinson. “The people of North Carolina are gonna make that decision.”

Robinson, who is black, has denied unequivocally that the series of posts—including references to Nazism, slavery and transgenderism—came from him, and he has vowed to stay in the race, despite reported pressure from the Trump campaign last week to drop out for fear he could drag down other races on the ticket.

Thus far, however, Robinson’s popular support—among conservatives, at least—appeared to remain strong, with many of the Republican attendees at Vance’s events on Monday booing outside attacks on the gubernatorial candidate while also appearing to urge GOP officials to acknowledge and circle the wagons behind him.

The same was true on social media, where many of the comments coming from well-known conservative influencers also conveyed support, despite the predictable presence of leftist snipes and pearl-clutching—a flip-flop from a party that suddenly finds transgenderism and anti-Semitism objectionable after tacitly, if not overtly, embracing both, while often condemning criticism of black individuals with the caveat that those oppressed themselves cannot be “racist.”

Vance’s answers to media questions seemed to be the most direct response from the Trump campaign since the supposed scandal broke on Thursday.

Now look, I’ve seen some statements,” said the vice-presidential candidate.

“I haven’t seen them all—some of them were pretty gross, to put it mildly,” he continued. “Mark Robinson says that those statements are false and he didn’t actually speak them, so I think it’s up to Mark Robinson to make his case to the people of North Carolina…”

The crowd erupted in applause as Vance expressed his measured and qualified support for the top GOP state leader before trying to shift the focus from Robinson onto the media itself for its preoccupation with the topic.

“I gotta say that this entire episode illustrates something that is fundamentally broken about the American media,” Vance said.

You’ve got in this country right now, a record number of Americans who are dying of fentanyl overdoses thanks to Kamala Harris’s policies. You’ve got a record number of young Americans who can’t afford to buy a home thanks to Kamala Harris’s policies. And you’ve got a record number of Americans who are struggling to buy groceries thanks to Kamala Harris’s policies,” he continued. “The media oughta focus on Kamala Harris and her failure.”

However, that effort to refocus only led more reporters to double down on asking Robertson follow-ups, with two additional questions sounding much the same as the first one, eliciting more peevish responses toward Vance directed toward the journalists themselves.

At a separate event later that evening, prior to Vance taking the stage, Whatley, the current RNC co-chair and former state-level GOP chair in North Carolina, pointedly snubbed Robinson in his own remarks.

“We need more men and women of faith in public office, in North Carolina and across this country,” Whatley said, proceeding to list several other races while clumsily skipping over the gubernatorial race.

At least twice, people in the audience loudly shouted Robinson’s name, but Whatley proceeded to ignore them.

The event, which was specifically geared toward Christian conservatives, took place at Freedom House Church, in a room that, just two years prior, Robinson had delivered the keynote address for the Faith and Freedom coalition’s “Salt and Light” conference, a multi-day event that brought several prominent political and conservative evangelical figures to the stage.

Meanwhile, Robinson said during a campaign stop in Wilkesboro that he planned to lawyer up against CNN and any others involved in what he maintained was a hoax to smear his good name.

Over the weekend, most of his campaign staff quit, leaving only two spokespeople and a security guard, according to a report by Axios.

Already, the lieutenant governor, known for his fiery and provocative rhetoric, had appeared to be trailing in polls to state Attorney General Josh Stein, leaving some to suspect that the GOP and Trump campaign were all too eager to cut bait when the scandal broke.

Nonetheless, supporters see similarities between the attack on Robinson and past character attacks on Trump—most notably the October 2016 Access Hollywood smear just a month before his victory over Democrat Hillary Clinton.

Even if the posts from Robinson did prove to be his, some argue that the situation has been blown out of proportion, applying a blatant double-standard to Robinson, who would be the state’s first black governor if elected.

Ben Sellers is the editor of Headline USA. Follow him at x.com/realbensellers.

Tyler Durden
Wed, 09/25/2024 – 14:45

via ZeroHedge News https://ift.tt/8hUwsxi Tyler Durden

New Transcripts Prove President Trump’s Request For More Troops On January 6th Was Denied

New Transcripts Prove President Trump’s Request For More Troops On January 6th Was Denied

Authored by Eric Lendrum via American Greatness,

After years of mainstream media accusations that former President Donald Trump did nothing to protect the U.S. Capitol on January 6th, new transcripts reveal that the then-president was the only one who wanted extra security, only for his requests to be refused.

As reported by Just The News, the transcripts show that President Trump ordered officials to “do whatever it takes” to protect the Capitol on the day that the electoral votes for the 2020 election were being certified, out of fear of protests against the suspicious and probably fraudulent election results.

The transcripts were recorded during interviews with top government officials in the aftermath of January 6th by the Pentagon’s inspector general. One of the key witnesses was Mark Milley, former Chairman of the Joint Chiefs of Staff. During his interviews, Milley admitted that during a meeting on January 3rd, President Trump had already approved the use of the National Guard and active-duty troops to maintain law and order in the nation’s capital on the 6th.

“The President just says, ‘Hey look at this. It’s going to be a large amount of protesters coming here on the 6th, and make sure that you have sufficient National Guard or Soldiers to make sure it’s a safe event,’” Milley recalled to the inspector general. Milley then said that Christopher Miller, who was acting Secretary of Defense at the time, assured the president of security plans for that day: “Miller responds by saying, ‘Hey, we’ve got a plan, and we’ve got it covered.’ And that’s about it.”

Later in the same interview, Milley again confirmed that President Trump was the one who insisted on higher security.

“It was just what I just described, which was, ‘Hey, I don’t care if you use Guard, or soldiers, active-duty soldiers, do whatever you have to do,” Milley continued. “Just make sure it’s safe.”

However, when Miller was interviewed by the inspector general, he confessed to refusing to use additional security for fear of political repercussions.

“There was absolutely — there is absolutely no way I was putting U.S. military forces at the Capitol, period,” said Miller at the time. The former acting secretary went on to say that officials instead utilized an interagency process to come up with an alternative plan that would delegate some DC National Guard troops to the job of directing traffic, but not to actually guard the Capitol; this proposal was suggested by Washington D.C. Mayor Muriel Bowser (D-D.C.).

“The operational plan was this, let’s take the D.C. National Guard, keep them away from the Capitol,” Miller explained. “Let’s put — the request, it wasn’t my request, Bowser and her Metropolitan Police Department were like ‘Let’s put D.C. National Guard on traffic control points and at the Metro stations to free up credentialed law-enforcement officers that can go out and arrest people.’”

The transcripts of the interviews were released by House Administration Oversight Subcommittee Chairman Barry Loudermilk (R-Ga.). The bombshell revelations vindicate President Trump, and raise even more questions about the roles that officials like Milley, Miller, and Bowser played in the lead-up to the peaceful protest which went inside the Capitol, which has since been widely and falsely described as an “insurrection.”

Tyler Durden
Wed, 09/25/2024 – 14:05

via ZeroHedge News https://ift.tt/xjoaGDu Tyler Durden

“High-End Cat. 3” Hurricane Helene Forecast To Hit Florida’s Big Bend

“High-End Cat. 3” Hurricane Helene Forecast To Hit Florida’s Big Bend

The National Hurricane Center reports around 1100 ET that Helene has reached hurricane status and is expected to produce “life-threatening storm surge, damaging winds, and flooding rains to a large portion of Florida and the southeast US.” 

Hurricane Helene is expected to rapidly strengthen over the eastern Gulf of Mexico on Wednesday and ahead of landfall on Thursday evening along the east part of the Florida Panhandle − possibly the Big Bend area. 

NHC forecasters believe Helene could strengthen to Category 4 status in the Gulf’s warm waters.

This would mean the storm would achieve devastating maximum sustained winds between 130 and 156 mph

Some areas along the Big Bend could experience a storm surge of nearly 15 feet. 

Bloomberg data shows Helene will track just right of major oil/gas infrastructure in the Gulf and onshore.

After landfall, the storm could track into the southern Appalachian area, unleashing extreme winds and torrential rains.

Some parts of the Appalachians are in desperate need of rain. 

Here’s our reporting on the storm:

*Developing… 

Tyler Durden
Wed, 09/25/2024 – 13:45

via ZeroHedge News https://ift.tt/KE7qiVQ Tyler Durden