Kamala Harris Is a Cop Who Wants To Be (Vice) President

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The Democratic 2020 veepstakes are over, and Sen. Kamala Harris (D–Calif.) is the winner. Joe Biden announced Tuesday afternoon that he had picked Harris to be his running mate as he seeks to become the next president of the United States.

The good news is that it keeps Harris—who has a long and authoritarian history on criminal justice issues—far from the Department of Justice. There was some speculation that should Biden win, he would name Harris as attorney general. As American’s top cop, Harris would have the potential to do much more damage than as vice president.

The bad news is that it puts Harris next in line for the presidency should anything happen to Biden and sets her up nicely for a future presidential run. In Harris, we would get a leader with President Donald Trump’s penchant for unchecked executive power and modern Democrats’ tendency to consider no issue outside the reach of government.

The pick is somewhat surprising. Rumor had it that Biden hadn’t forgiven Harris’ backhanded busing stunt during the Democratic candidate debates last summer, and that influential operatives were urging him not to choose her because of it.

In addition, Harris—who served as a district attorney in San Francisco and attorney general of California before becoming a senator in 2016—has a troubling history when it comes to law-and-order issues and is despised for it by many young left-of-center voters; she consistently chose to protect law enforcement prerogatives and to stonewall reform in California, beyond the minimum demands of her role as the state’s top cop. That’s a particular liability as Americans streets are still erupting with protests over police violence and calls for criminal justice reform.

For more details on Harris’s past and a glimpse of why she’ll be dangerous in the White House in any capacity, here’s some of Reason‘s previous coverage:

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Shares Of Jimmy Lai’s Newspaper Soar As Hong Kong Vows To “Fight On” Against CCP Crackdown

Shares Of Jimmy Lai’s Newspaper Soar As Hong Kong Vows To “Fight On” Against CCP Crackdown

Tyler Durden

Tue, 08/11/2020 – 18:25

Hong Kongers are literally using the financial markets, considered the beating heart of the global capitalist system, to fight the nominally “Communist” rulers in Beijing. One day after Hong Kong police arrested media Tycoon Jimmy Lai, who holds British citizenship as well, the stock of Next Digital, Lai’s media company which owns Apple Daily, HK’s most popular daily newspaper, and a frequent thorn in the side of the CCP.

After arresting Lai in April over allegations he fueled last year’s pro-democracy unrest, police arrested him again yesterday in the first major arrest tied to the new national security law. The arrest of Lai, his sons and other pro-democracy figures, including youth activist Agnes Chow, who was released from jail on Tuesday. The arrests prompted Secretary of State Pompeo and top UK diplomats to denounce the latest “disturbing” strike against the freedoms ensconced in the “Basic Law”.

But now that flooding into the streets in protests carries too much risk for the average Hong Konger (who is now facing COVID and laws conflating dissent with terrorism), many have found an interesting and innovative way to support the pro-democracy movement: buying shares in Next Digital, the parent company of “Apple Daily”.

After shedding 20% of its value yesterday, Next Digital has surged on a flood of mom and pop orders.

In just one day, the stock rose 4x from peak to trough…

Hitting its highest level since 2013.”

Shares closed on Tuesday at HK$1.10, up from its close of HK$0.255 just 24 hours before. The paper printed and sold more than half a million copies of yesterday’s edition, 5x the normal number.

On Tuesday, the newspaper’s front page showed an image of Mr Lai in handcuffs with the headline: “Apple Daily must fight on.” It comes as the paper published extraordinary scenes, streamed live on Monday, of police leading a handcuffed Jimmy Lai through his newsroom as nearly 200 officers raided the building.

Many cited the escalating crackdown on dissent as “the day Hong Kong’s press freedoms died”. US Secretary of State Mike Pompeo complained China had “eviscerated Hong Kong’s freedoms”.

In a clever display of support, Hong Kongers started lining up to buy Tuesday’s print edition at around 0230 local time.

As copies quickly sold out, some bought multiple issues to hand out to passersby.

“(I bought these) to hand them out to others, I’m afraid a lot of people can`t get their copies,” said one anonymous woman who spoke with a BBC reporter. She had bought 16 copies. Online subscriptions have soared by 20,000 just this week alone.

Pro-democracy activists are calling for supporters to buy the stock.

In a statement, the paper has promised to “fight on”, and said the search warrant executed on its offices (not to mention Lai’s arrest) will have no impact on the paper’s operations.

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

Taibbi: The New Puritans

Taibbi: The New Puritans

Tyler Durden

Tue, 08/11/2020 – 18:05

Authored by Matt Taibbi via taibbi.substack.com,

In 2011, Alex Morse looked like a progressive star. At age 22, he’d become the first openly gay mayor of Holyoke, Massachusetts, was the youngest person ever to hold the office, and soon after became the first Bay State mayor to endorse a recreational marijuana ballot initiative.

Bright, quick, and with a sense of humor, he appeared headed places.

His announcement last year that he was running for congress against Richard Neal, the House Ways and Means committee chair and a master collector of corporate cash, made him a focal point of the movement to remake the Democratic Party in a less donor-fattened image.  

Last week, Morse’s career took a dark turn. The College Democrats of Massachusetts sent him a letter telling him he was no longer welcome at any of their events. The group later released a letter accusing him of a variety of things, most particularly “having sexual contact with college students, including at UMass Amherst, where he teaches, and the greater Five College Consortium.” The College Dems claimed he met college students on apps like Tinder and Grindr; Morse taught a political science course at UMass-Amherst.

Morse acknowledged having “consensual adult relationships, including some with college students” but insisted he had “never used his power as Mayor or UMass lecturer for romantic or sexual gain,” adding that he “never violated UMass policy,” and “any claim to the contrary is false.”

UMass policy bans consensual sexual contact between faculty and “any students or postdoctoral researchers they teach, advise or supervise.” Although the College Democrats said Morse “abused his power for sexual relationships,” no one seems to be accusing him of sleeping with one of his own students. The issue here appears to lay entirely in the group’s conception of “power,” which reads like a parody of post-millenial paranoia.

The College Democrats explained that a major part of Morse’s offense was that he sought the contact information of students at their events:

Mayor Morse came to College Democrats of Massachusetts events and got to know our membership, and then sought out students that he met at our events privately on social media, in a manner widely understood by our generation to indicate intimacy. 

If you’re wondering if it’s possible that the College Democrats just defined communicating on social media as a kind of sexual act, you’re not wrong. It got worse. In their letter to Morse, the group explained that when Morse wrote to those adult students – who, of course, gave Morse their contact info voluntarily – they lacked the free will to ignore his communications:

We have heard ​countless​ stories of Morse adding students to his ‘Close Friends Story’ and Direct Messaging members of College Democrats on Instagram in a way that makes these students feel pressured to respond due to his status…

American college students, it seems, are so intimidated by someone with a political job title that they lack the agency to ignore an Instagram shout-out. The College Democrats elaborated (emphasis mine):

Mayor Morse is a widely-admired and well-connected gatekeeper to progressive politics in Massachusetts and nationally, which makes the task of refusing his advances fraught for college students who wish to enter progressive politics themselves… the Mayor’s various positions of power create a significant and undeniable power imbalance between himself and the college students he sought out… where such a lopsided power dynamic exists, consent becomes complicated.

This is not a sexual harassment issue in the classic sense of someone who actually has power over someone else, for instance in the workplace or in a classroom. The concept here is that students who might “wish to enter progressive politics” will feel uncomfortable refusing, or even just not answering, so mighty a personage as the Mayor of Holyoke, Massachusetts, for fear of what that might do to their job prospects someday, in a field they have not even chosen yet.

Read the rest of the report here.

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Daily Briefing – August 11, 2020

Daily Briefing – August 11, 2020


Tyler Durden

Tue, 08/11/2020 – 17:55

Senior editor, Ash Bennington, joins Tyler Neville to discuss secular stagnation and the financial chicanery happening in markets. With stocks rising above global GDP, Ash and Tyler consider how the increase in bond issuance has been electric all while yields aren’t rising. Tyler also argues how people look at markets through a political lens, but not a demographic lens, and how demographics can further shape an investor’s understanding of what’s occurring. They also talk about the DXY in juxtaposition with the federal deficit, the relationship between spot gold and gold miners, and what the future holds for pension funds.

via ZeroHedge News https://ift.tt/31M11BT Tyler Durden

Surging Gun Sales Triggers Second Ammo Shortage Of This Year

Surging Gun Sales Triggers Second Ammo Shortage Of This Year

Tyler Durden

Tue, 08/11/2020 – 17:45

The virus pandemic triggered a socio-economic bomb across major US metro areas resulting in one of the largest panic hoardings of guns and ammo by fearful consumers in quite some time, if not ever.

Gregory Ionadi, 75, the owner of gun shop Smoke N’ Guns, located in Oakmont, Pennsylvania, told PJ Media

“Prior to the COVID outbreak, President Obama was the best gun salesman we ever had,” said Ionadi. “Anytime he was going to ban this, ban that, there was a rush on gun sales. When President Trump was elected, the fear of a gun ban subsided, and sales were so flat that several gun manufacturers went out of business.”

Ionadi said sales at his gun shop erupted during the pandemic. He said he made more gun and ammo sales from March to April than what was done in the last three years, calling the period absolutely “crazy.”

He said once the social unrest spread across the country by late May into early summer, the second round of panic buying occurred. 

“You wouldn’t believe the first-time gun buyers I’ve seen,” said Ionadi. “I started seeing little old ladies — 70, 80 years old — wanting to defend themselves because of what was going on. So, I had to change my thinking. I had to start buying .22 Magnum revolvers. I have some revolvers here, but I had to start buying revolvers that women and older folks could use because they are easy to handle. Semi-auto and a revolver are two different things.” 

Gun stocks soared this summer as gun background checks rose 79% in July year-over-year. 

The FBI ran over 3.6 million background checks through the National Instant Criminal Background Check System (NICS) last month – the third-highest on record, behind 3.9 million checks in June, and 3.7 million checks in March.

Surging gun sales also means increasing ammo sales. For the second time this year, first reported in March/April, ammo shortages are developing. 

Stories about “ammo shortages” have appeared on local and national media outlets in the last week. 

Brownells, Inc. co-chairman Pete Brownell, recently told FOX Business’ Varney & Co that a supply shortage in ammunition is now unfolding. 

Brownell said the firearm industry recorded a 90% increase in gun sales since mid-March, with much of the sales seen in metro areas. He said ammo sales have risen by at least 30%. 

“We could receive truckloads of nine-millimeter [and] we can sell it in hours where it used to take weeks – weeks to a month,” he said.

Brownell said the surge in weapon buying might not stop until 2H21.

Google search trend “ammo shortage” is rising for the second time this year.

There appears to be a nationwide shortage of 9MM ammo. 

Ammunition Depot: Sold out of 9MM

Ammo.com: Sold out of 9MM 

Target Sports USA: Sold out of 9MM

Ammo For Sale: Sold out of 9MM 

Good luck finding 9MM ammo. 

via ZeroHedge News https://ift.tt/2DzfPvz Tyler Durden

Public Trial Clause Not Violated by Having Spectators Observe Via Live Video and Audio

From yesterday’s decision by Judge W. Keith Watkins in U.S. v. Fortson (M.D. Ala.):

The necessary trial participants are gathered to try this case at this time due to Mr. Kemond Fortson’s right to a speedy trial. This trial has been continued seven times, twice upon the court’s own motion. Mr. Fortson has waited patiently for his day in court, and that day has arrived.

Unfortunately, the circumstances over the past several months—the ongoing Coronavirus Disease of 2019 (COVID-19) pandemic—now require the court to address Mr. Fortson’s right to a public trial. The Supreme Court of the United States has interpreted the Sixth Amendment and the First Amendment as imposing a presumption that criminal trials, including voir dire, will be open to the public. Public trial serves the interests of both the defendant and the public by “ensuring that judge and prosecutor carry out their duties responsibly, … encourag[ing] witnesses to come forward[,] and discourag[ing] perjury.”

The court does not take the decision to abridge this constitutional right lightly. But the need to protect the trial participants from exposure to additional persons who may be contagious for COVID-19 and the need to limit the possibility of spreading COVID-19 from trial participants to the broader public necessitates a sua sponte order that the jury selection and trial in this case be closed to in-person spectators except for Defendant’s family members. Live video and audio of the trial proceedings will be streamed to a viewing room within the courthouse and on the court’s website.

Defendant Kemond Jareuz Fortson has been charged with one count of possession of a firearm by a prohibited person …, four counts of violating the Controlled Substances Act …, and one count of possession of a firearm in furtherance of a drug trafficking crime …. The jury selection and trial in his case are set to begin on August 10, 2020…. [EV adds: After this opinion was released, the court dismissed one of the Controlled Substances Act charges on the government’s motion, and granted a motion of acquittal as to two of the remaining Controlled Substance Act charges.]

The Eleventh Circuit has “recognized a distinction between total closures of proceedings … and situations where the courtroom is only partially closed to spectators.” … “[I]n the event of a partial closure, a court need merely find a ‘substantial’ reason for the partial closure, and need not satisfy the elements of the more rigorous Waller test.”

Because the court will allow Defendant’s family members to observe the proceedings in-person and because the court will stream live video and audio of the trial proceedings to a viewing room and on the court’s website, it views this closure as a partial, not full, closing of the trial proceedings. Still, if this closure were considered a complete closure, the circumstances must satisfy the test set forth in Waller v. Georgia, 467 U.S. 39 (1984). In order to justify closure “[1] the party seeking to close the [proceeding] must advance an overriding interest that is likely to be prejudiced, [2] the closure must be no broader than necessary to protect that interest, [3] the trial court must consider reasonable alternatives to closing the proceeding, and [4] it must make findings adequate to support the closure.” …

[The COVID-19] emergency continues in Montgomery County, which the Alabama Department of Public Health currently classifies as a “high risk” county due to the extent of the county’s COVID-19 problems. Those risks also exist in the twelve counties that make up the Northern Division of this District, from which this jury will be assembled. The Alabama Department of Public Health lists one of the counties of this Division in its very high risk category (Bullock), five in its high risk category (Montgomery, Coosa, Chilton, Lowndes, Crenshaw) and six in its moderate risk category (Autauga, Elmore, Butler, Pike, Barbour, and Covington)…. Statewide, nearly ninety-nine thousand Alabamians have been confirmed positive with the virus, over eleven thousand have been hospitalized, and over seventeen hundred have died. Over nineteen thousand new cases have been confirmed statewide in the past 14 days….

“Protecting the public from unnecessarily spreading a potentially fatal virus is not only a purpose the government may pursue; it is one it has an obligation to.” Stephen E. Smith, The Right to a Public Trial in the Time of Covid-19, 77 WASH. & LEE L. REV. ONLINE 1, 6 (2020). In light of the pressing health and safety concerns posed by an open trial, the court finds that it has advanced an overriding interest. This interest is likely to be prejudiced without closure because trial participants may not be able to focus on their important tasks at hand if they are worried about this court’s ability and commitment to protecting their safety and the safety of their family members. These measures are also necessary to reduce, as much as reasonably possible, the risk that trial could be interrupted by the illness of a participant.

The court further finds that the plan to close trial proceedings to spectators, except for Defendant’s family members, while making the trial available for viewing through a live video stream in another courtroom and on the court’s website is not broader than necessary to protect the court’s interest….

While this court has considered the alternative of allowing a limited number of other spectators in the courtroom, with household groups spaced out at least six feet apart, the court finds that this alternative is unreasonable at present, given the high number of new COVID cases (1,019) confirmed in Montgomery County over the past two weeks. Given the extensive community spread of this virus and the uncertainty that remains as to how it is transmitted, the court finds that each additional person permitted in the courtroom poses an additional, unjustified safety risk to the trial participants and to the public. This alternative is unreasonable due to the possibility of severe illness from COVID-19 and due to the public’s ability to view the proceedings via video broadcast.

The court takes seriously its special responsibility to protect the members of the jury, who have proudly presented themselves during a national crisis to carry on one of the nation’s most sacred civic duties. Diligent efforts have been undertaken to prepare the Montgomery court facilities for this trial. These efforts have included questioning prospective jurors in groups that enable six feet of distance between individuals; displaying most evidence electronically; erecting plexiglass shielding in the courtroom to provide barriers in front of the witness stand, courtroom deputy, and jury box; spreading members of the petit jury across the jury box and well; sequestering jurors during each day’s proceedings so that they do not disperse into the community and risk infection during daytime meals; and moving juror deliberations from the smaller jury deliberation room to a large courtroom.

The court will not undermine its own precautions. The court’s response is narrowly tailored to protect, as much as reasonably possible, the interests that the public and the defendant have in assuring “that established procedures are being followed and that deviations will become known.”

In the context of a COVID closure, the final Waller factor, adequate findings to support the closure, is easily satisfied….

Because these findings would support a full closure, the court finds that they necessarily support a partial closure, which requires a substantial reason to justify closure….

 

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Kamala Harris Is a Cop Who Wants To Be (Vice) President

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The Democratic 2020 veepstakes are over, and Sen. Kamala Harris (D–Calif.) is the winner. Joe Biden announced Tuesday afternoon that he had picked Harris to be his running mate as he seeks to become the next president of the United States.

The good news is that it keeps Harris—who has a long and authoritarian history on criminal justice issues—far from the Department of Justice. There was some speculation that should Biden win, he would name Harris as attorney general. As American’s top cop, Harris would have the potential to do much more damage than as vice president.

The bad news is that it puts Harris next in line for the presidency should anything happen to Biden and sets her up nicely for a future presidential run. In Harris, we would get a leader with President Donald Trump’s penchant for unchecked executive power and modern Democrats’ tendency to consider no issue outside the reach of government.

The pick is somewhat surprising. Rumor had it that Biden hadn’t forgiven Harris’ backhanded busing stunt during the Democratic candidate debates last summer, and that influential operatives were urging him not to choose her because of it.

In addition, Harris—who served as a district attorney in San Francisco and attorney general of California before becoming a senator in 2016—has a troubling history when it comes to law-and-order issues and is despised for it by many young left-of-center voters; she consistently chose to protect law enforcement prerogatives and to stonewall reform in California, beyond the minimum demands of her role as the state’s top cop. That’s a particular liability as Americans streets are still erupting with protests over police violence and calls for criminal justice reform.

For more details on Harris’s past and a glimpse of why she’ll be dangerous in the White House in any capacity, here’s some of Reason‘s previous coverage:

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Watch Live: Trump Briefs Press As McConnell Says Stimulus Talks Hit “Stalemate”

Watch Live: Trump Briefs Press As McConnell Says Stimulus Talks Hit “Stalemate”

Tyler Durden

Tue, 08/11/2020 – 17:30

Only a few hours after Mitch McConnell kicked the legs out from under the market by announcing that stimulus talks had reached a “stalemate”, President Trump will brief the press again, in what looks to be a hopefully less-eventful rerun of last night’s presser.

via ZeroHedge News https://ift.tt/33QQOXa Tyler Durden

Majority Of Americans Think Biden Unlikely To Finish 4 Year Term In White House

Majority Of Americans Think Biden Unlikely To Finish 4 Year Term In White House

Tyler Durden

Tue, 08/11/2020 – 17:25

Authored by Paul Joseph Watson via Summit News,

In another illustration of how many Americans are concerned about Joe Biden’s advancing age and declining mental faculties, a new Rasmussen poll has found that 59 per cent of likely voters don’t believe he’ll finish a 4 year term in the White House.

Broken down along party lines, 74 per cent of Republicans believe Biden won’t make it through his first term while 49 per cent of Democrats agree.

Just 14% of voters think it’s “not at all likely” that Biden’s running mate will become president before his first term ends.

Questions about Biden’s age and his alleged cognitive decline have dogged his campaign for months.

During an interview last week, Biden once again stumbled over his words while trying to assert that he didn’t need to be mentally tested.

Polls show that 38 per cent of American voters think Biden has “some form of dementia,” including one in five Democrats. 61 per cent of voters also think Biden should address the dementia issue publicly.

If the majority opinion holds true and Biden wins the election, that means his running mate, the just announced Kamala Harris, is virtually guaranteed to become president before 2024.

Additionally,  Jim Rickards’ expectation now is that Biden won’t even make it to The White house and will soon be replaced as the nominee soon.

Democratic insiders will probably force him out of the race in the next week or so.

They don’t want to risk exposing him to the American people before the election. For Democrats, the stakes are simply too high.

One public incident or serious slip-up is all it could take to kill his chances in the election. The American people simply aren’t going to elect someone who they feel is mentally unfit for office.

Many voters obviously dislike Trump. But, no one could credibly argue that he’s suffering from cognitive decline.

So what’s going to happen?

The Democrat power brokers (Tom Perez, Donna Brazile, Valerie Jarrett, Philippe Reins, AOC, John Podesta and a few others) will get in a room and pick a new nominee.

Biden will “release” his delegates, and party leadership will direct the super-delegates to support that choice. This will start a stampede among the former Biden delegates.

The Bernie Sanders delegates will already be onboard because they’ll be part of the consultation. Then the new nominee will pick a VP and  the “convention” will tidy things up. The race will continue from there.

Alternatively, the power brokers could allow Biden to get the nomination and then remove him as nominee before the debates. That’s even easier because there are no delegates involved. It’s just an executive committee decision the candidate cannot refuse.

Still, the process will be a shock to millions of Americans who’ve been expecting a Biden candidacy.

How much of a surprise would that really be?

via ZeroHedge News https://ift.tt/3ivmi9n Tyler Durden

Tesla Announces 5-For-1 Stock Split; Shares Surge 6%

Tesla Announces 5-For-1 Stock Split; Shares Surge 6%

Tyler Durden

Tue, 08/11/2020 – 17:21

On a day that saw a rotation back into value stocks pre-empt a broad-based market selloff as investors, and weeks after Apple announced a split of its own, Tesla has just announced a 5-1 stock split.

The news sent shares of the electric vehicle maker up 6% in post-market trade. Though it’s shares are still trading well above $1,000 apiece, the car company took a shellacking on Tuesday, falling 3.1% before the close.

“Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Trading will begin on a stock split-adjusted basis on August 31, 2020,” the company said in a corporate filing.

Though the split will make Tesla shares more “affordable”, Charles Schwab and other online brokerages are already offering fractions of shares held on their balance sheets for as little as $5.

So, why is Tesla going ahead with the stock split if retail investors are clearly having no trouble accessing the company’s shares? 

We’ll let you take a guess.

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