Monday, May 30, 2022

Hoover Turning Over? Biden And K-2? Market Thoughts. Democrats Have Little Regard For Value of Citizenship.





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Hoover is turning over in his grave.
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Here's the One Word the FBI Doesn’t Seem to Know Anymore
Matt VespaMatt Vespa


You’ve got to be kidding me. Someone should at least get a slap on the wrist, right? A written reprimand—anything? There’s no reduction in rank or pay? The Federal Bureau of Investigation has been in what seems to be an endless cycle of bad press for the better part of the last five years. The Russian collusion fiasco has damaged the bureau. The inability of this institution, our preeminent law enforcement and domestic intelligence agency, to do anything right is pervasive. The Russia hoax was the least of it. The FBI had their own kidnapping plot against Michigan Gov. Gretchen Whitmer blow up in their faces when a grand jury failed to indict any of the alleged conspirators. The damage was done—this fake plot was weaponized by Democrats and the press during the 2020 election. Almost as if the FBI wanted this story to be used this way. 

Amid the FBI’s obsession to clip Donald Trump, we have Larry Nassar who got away with sexually assaulting countless young women. The FBI was told. They ignored it, and then lied about the process to cover up their incompetence. And the Department of Justice won’t charge these bumbling agents who ignored countless allegations of sexual abuse, some of which came from Olympic champions, like Simone Biles and McKayla Maroney (via WSJ):

The Justice Department said Thursday it is standing by an earlier decision not to charge the FBI agents who disregarded Olympic gymnasts’ allegations that former national team doctor Larry Nassar sexually assaulted them and later made false statements to cover their mistakes

Officials said in October that they would review their decision not to prosecute the agents. The monthslong inquiry analyzed evidence and the outcome “reflects the recommendation of experienced prosecutors,” the department said in a written statement.

“This does not in any way reflect a view that the investigation of Nassar was handled as it should have been, nor in any way reflects approval or disregard of the conduct of the former agents,” it added.

Victims had been furious over the decision not to prosecute Jay Abbott and Michael Langeman, the two agents at the Federal Bureau of Investigation’s Indianapolis field office, whose actions in 2015 and 2016 drew the most blame in a July report by the Justice Department’s inspector general.

Senators had also criticized the lack of a prosecution during a hearing last year where they heard wrenching testimony from four of the star gymnasts initially identified as potential victims of the doctor: Simone Biles, McKayla Maroney, Maggie Nichols and Aly Raisman.

Mr. Abbott, then the special agent in charge of the office, has retired. The FBI last year fired Mr. Langeman, then a supervisory special agent, in the wake of the inspector general’s report that concluded that the men hadn’t taken seriously the complaint brought to them by USA Gymnastics officials in late July 2015.

There’s all this gobbledygook about whether this was a federal crime or a state matter—but we all know these clowns didn’t care. They were too busy focusing on manufacturing evidence against Donald Trump, at least that’s my theory. These guys doctored evidence to secure FISA spy warrants against Carter Page, a former Trump campaign official. Lisa Page and Peter Strzok, a former counterintelligence agent who was fired in disgrace, became the faces of the bias and corruption that had infested the FBI. Strzok was one of the key people who signed off on the Russian collusion probe that was later taken over by Robert Mueller and the spy operation against Trump’s campaign via Crossfire Hurricane. Maybe that's why when FBI Director Chris Wray testified before Congress about how the Nassar case was bungled, he could offer no real explanation. 

They couldn’t declare that a Bernie Sanders supporter who opened fire on the GOP congressional baseball team was politically motivated. The man hated Republicans, had a hit list and scoped out the area where they were to practice for days. This is called domestic terrorism. Then, in January, there was that synagogue hostage situation in Colleyville, Texas, where Malik Akram took four people hostage. Anti-Semitism was one of the motives, but the FBI downplayed it initially. Synagogues are not often targeted unless someone hates Jewish people. It’s not that hard. It’s been this way since the dawn of man. Incompetence and political bias reek out of the J. Edgar Hoover Building, which has lost the meaning of a keyword in all of this: accountability. 
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If this is true then Biden and the radical Democrats would be better driving a nail through their tongues.
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Biden Admin Demands that K-12 Schools Eliminate Gender-Based Bathrooms in Order to Receive Federal Lunch Funds
By Eric Lendrum 

The Biden Administration’s Department of Education has announced that it will be withholding federal lunch funds from public school systems that do not allow students to use restrooms and other private facilities that are designated for the other gender.

As reported by The Federalist, an Education Department spokesman said that, after the initial press release announcing the policy earlier this month, official rules outlining the new policy will be implemented in June.

The new policy would affect the allocation of funds from the National School Lunch Program (NSLP), which feeds nearly 30 million students every day, as well as up to 100,000 public schools, private schools, and residential care facilities. The new rules declare that any establishment that utilizes federal food funding such as food stamps must allow men who believe they are women to use women’s facilities, including restrooms, showers, locker rooms, and sleeping areas. Facilities must also force their staff to use “proper” pronouns when referring to so-called “transgender” individuals.

“It seems to be playing politics with feeding poor kids, which is really unfortunate,” said John Elcesser, executive director of the Indiana Non-Public Education Association. “Because if a school feels like they cannot participate because it’s in conflict with their mission or values, if a religious exemption is not granted, you’re taking away a program that’s feeding low-income kids.”

The new policy will allow for religious institutions to seek exemptions from this rule, according to Senior Counsel Greg Baylor with the Alliance Defending Freedom (ADF). However, Baylor pointed out that any schools or other facilities that do pursue such exemptions are opening themselves up to attacks from far-left organizations. The radical group Human Rights Campaign (HRC) has already demanded that the Biden Administration publicly reveal every school or organization that seeks religious exemptions.

“There is a lot of harm that comes from inflicting this interpretation of Title IX on public schools and private schools that are not eligible for the exemption,” said Baylor. He also warned that the ideology being forced on schools from the top-down may reduce accountability at the local level.

“Some percentage of school districts want to be told by the federal government that they have to implement gender ideology,” Baylor pointed out. “If anyone complains, they can say, ‘We’re just doing what they told us. Go blame Joe Biden, not me.’”

Some are already claiming that the new policy is a drastic federal overreach that violates state and local sovereignty. Indiana Attorney General Todd Rokita (R-Ind.), said that “like many of the Biden administration’s power grabs, this imposition transgresses areas of proper state and local authority.”

“As the principal guardians of federalism, state attorneys general have the ability to combat such overreach where it injures state functions,” said Rokita.
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Marketwise, we have had a nice bounce and there could be more upside but the air is getting thinner and there are far more potential negatives than positives so I would look for a little more upside and then a modest reaction.

Meanwhile, I remain positive on  energy, select technology, health care and for income T and VS as well as select utilities.

If Republicans win with overwhelming numbers and then would be capable of overriding Biden vetoes I might be a modest bit less enthused over energy because I would expect resumption of U.S drilling and that would result in lower prices and a bit of revision in projected earnings and thus, more capital spending and less free cash flow.
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Democrats obviously have little regard for the value of citizenship if they are willing to cheapen it by letting illegals vote:
 

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