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I listened to Chairman Powell today (Wednesday) and did not hear anyone pose the question I would have asked had I been there.
My point is that The Fed is still seeking to reach a 2% inflation target. If we are going to rebuild America's middle class and return production to our shores, I seriously doubt that will prove to be the appropriate target. American wages and benefits will not allow that level. I believe the target should elevate to 4% or more. Thus any recovery will leave an imbedded target rate above 2% as well as more permanent inflation.
To get to 2% The Fed would have to tighten, cause a more serious recession which Powell obviously does not wish to endure.
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Strikes on Iranian Nuke Sites Simulated by Israeli and US Air Forces
By JNS
The Israeli and United States air forces launched a two-day drill on Tuesday simulating strikes on Iranian nuclear facilities, Israeli media reported.
The drills will be conducted over parts of Israel and the Mediterranean Sea, and include long-range flights such as those Israeli pilots would be required to undertake to reach Iran, located some 1,200 miles from the Jewish state.
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Musk to reveal truths which we all suspected to be so. This is why the sharp and long knives are out.
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Twitter CEO Elon Musk, who only took the reins of the company last month, admitted that the Silicon Valley tech giant has meddled in past elections.
The admission came in response to a user on the platform highlighting Twitter’s mirage of “trust and safety” under prior leadership.
“The obvious reality, as long-time users know,” Musk wrote in reply, “is that Twitter has failed in trust & safety for a very long time and has interfered in elections.”
Musk, who took over the platform with a $44 billion buyout in October on a pledge to restore free speech, also wrote in a post on Monday he would soon release “The Twitter Files.”
“The Twitter Files on free speech suppression soon to be published on Twitter itself,” Musk wrote. “The public deserves to know what really happened.”
While Musk revealed Wednesday that the company deliberately interfered in prior elections, few needed the executive’s public admission after the company’s high-profile censorship of blockbuster stories in 2020. As voters went to the polls weeks before Election Day, Twitter barred users from linking to bombshell stories that implicated then-candidate Joe Biden in his son’s potentially criminal overseas business ventures.
In mid-October, the New York Post published its first in a series of exposés on the Biden family deals wherein Joe Biden was caught lying when he claimed repeatedly to never have spoken about his son’s business with Hunter “or with anyone else.” The story was promptly suppressed on Twitter, which cited selectively enforced standards to justify its censorship as it locked the New York Post’s account for weeks.
The New York Post followed up its first story with another bombshell the next day, which indicated the soon-to-be president-elect stood to personally profit from his son’s business ventures linked to a Chinese Communist Party-affiliated energy firm.
As Musk acknowledged Twitter’s electoral interference, the company’s former head of “trust and safety,” Yoel Roth, who steered the company’s censorship, admitted it was wrong to suppress the story weeks before polls closed.
“We didn’t know what to believe, we didn’t know what was true, there was smoke — and ultimately for me, it didn’t reach a place where I was comfortable removing this content from Twitter,” Roth told journalist Kara Swisher on Tuesday. “But it set off every single one of my finely tuned APT28 hack and leak campaign alarm bells. Everything about it looked like a hack and leak.”
The source for the New York Post’s blockbuster reporting came from Hunter Biden’s laptop left abandoned at a Delaware computer repair shop. By the final presidential debate, the idea that the laptop was some vehicle for Russian disinformation, which became an immediate talking point among Biden allies, had been debunked by the FBI, the Department of Justice, the director of national intelligence, and the Department of State.
A study conducted after the election by the Media Research Center found 17 percent of Biden voters across seven swing states would have recalibrated their ballots had they been adequately informed about the scandals surrounding the new First Family. Biden only captured the White House by less than 43,000 votes across three tipping-point states.
Author Tristan Justice profile
Tristan Justice is the western correspondent for The Federalist. He has also written for The Washington Examiner and The Daily Signal. His work has also been featured in Real Clear Politics and Fox News. Tristan graduated from George Washington University where he majored in political science and minored in journalism. Follow him on Twitter at @JusticeTristan or contact him at Tristan@thefederalist.com.
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All the 1/6 guns are locked, loaded and pointed in one direction, ie. Trump's.
It is amazing how Pelosi and Schumer have been able to maneuver this molehill of an insurrection, incarcerate many involved in a manner that disregards their constitutional rights while the public simply ignores what is happening and seems no longer to care. "But for the grace of God."
I am not condoning the "insurrection or the participants but once again I am repelled by the double standards being applied by a totally corrupt Justice Department and Atty. Gen.
District attorneys throughout the land are disregarding their oath of office as they fail to prosecute hundreds of citizens breaking the law who engaged in serious, meaningful crimes and nothing is done.
This is not the nation I remember. The one whose foundation rests upon law enforcement and whose criminals were pursued regardless of social status or influence.
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Beware of ‘Bollman’
In landing convictions for seditious conspiracy, the government has established a legal beachhead, from which it could try to take aim at President Trump.
The conviction of the founder of the Oath Keepers, Stewart Rhodes, of seditious conspiracy to overturn Joseph Biden’s election as president marks a major victory for the government. The conviction is of a major crime — it has been likened to “treason’s sibling” — and will hold portents for “all those” who performed “any part, however minute or however remote from the scene of action, and who are actually leagued in the general conspiracy.”
The words within quotation marks are of the fourth Chief Justice of the United States, John Marshall. That was in a treason case against two confederates of Aaron Burr, Erick Bollman and Samuel Swartwout. In 1807, Marshall acquitted them after concluding that because war hadn’t been actually levied against America, treason wasn’t possible. Then, though, he issued a warning that has rung down through the centuries and about which we’ve often written.
“It is not the intention of the Court,” Marshall wrote, “to say that no individual can be guilty of this crime who has not appeared in arms against his county. On the contrary, if war be actually levied — that is if a body of men be actually assembled for the purpose of effecting by force a treasonable purpose — all those who perform any part, however minute or however remote from the scene of action, and who are actually leagued in the general conspiracy, are to be considered as traitors.”
We understand that no one connected to January 6 has been accused of per se treason. If, though, seditious conspiracy is the sibling of treason — Laurence Tribe was the phrase maker — then it would seem only logical that the warning Marshall issued in Ex Parte Bollman would now hold, by extension, to any of those who might yet be found to have conspired with Mr. Rhodes, a number that could become huge.
“Seditious conspiracy,” the Times reports, “is the most serious charge brought so far in any of the 900 criminal cases stemming from the vast investigation of the Capitol attack.” The Times reckons that the inquiry “could still result in scores, if not hundreds, of additional arrests.” The paper notes that seditious conspiracy carries a maximum penalty of 20 years in stir. So the jury’s conclusion adds up to a serious moment.
All the more so because it’s hard, at least for us to detect, the stench of politics in the prosecution of Rhodes and his confederates. They are not politicians running for public office. They are no political threat to the administration. Yet, in landing these convictions the government has established a legal beachhead, from which, if it wishes, to take aim at President Trump and others. Expect his name to come up during negotiations for a sentencing deal.
General Garland’s prosecutors were denied a total victory, as Rhodes was acquitted on two further charges of conspiracy, and three of his alleged confederates avoided conviction on the basis of sedition. All five defendants were convicted of crimes. Jurors appear to have been convinced that in the words of a prosecutor, the Oath Keepers “concocted a plan for an armed rebellion.” That finding will now be contested on appeal.
Of greater import than the tarring of Rhodes as a seditionist is the fresh legal reality that a jury has determined that what happened on January 6 was a conspiracy. That spider’s web now awaits further unspooling. The special counsel, John Smith, who is tasked with examining Mr. Trump’s role in January 6, could now scour the record for evidence to use Chief Justice Marshall’s dicta as dispensation to implicate the former president in the plot.
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