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Ousted Pakistan PM Imran Khan arrested, sparking protests
Today's Headlines
Headline Comments [Views]
Page 6: Politix
11 19:56 Super Hose [4] 
2 19:36 DooDahMan [13] 
2 13:46 Abu Uluque [2] 
9 21:26 NoMoreBS [8] 
5 19:59 Frank G [5] 
7 14:23 Abu Uluque [7] 
12 14:29 Abu Uluque [3] 
4 17:52 Rex Mundi [2] 
3 13:36 Skidmark [11] 
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-Lurid Crime Tales-
Biden Preparing to Pardon Hunter?
[Armstrong Economics] I cannot believe my own ears. There are people even talking about Biden pardoning his own son Hunter calling the investigation against his is a political witchhunt. But that does not apply to Trump? Just when you thought politics could not stoop any lower, it always finds new lows. Just how do you pardon Hunter when the allegations go back to Biden and his entire family? I have been hearing this through the grapevine as they say and I did not report it because I considered it just too much. But it is now making the news.

At what point will even the military stand up and say — enough is enough?
Armstrong can come up with some zingers, but if this really has legs, then I'd bet it would be Joe's last act before his resignation.
I can’t imagine the military getting involved, nor does it seem to me to be something they should. This still seems to me to be mere rumour and speculation, not anything actionable.
Posted by: DooDahMan || 05/10/2023 00:00 || Comments || Link || [8 views] Top|| File under:

#1  ^^^ It's a bit much, but Armstrong maintains in previous Blog posts that once the police/military side with the people instead of their government masters, then it's tango-uniform for that government.
Posted by: DooDahMan || 05/10/2023 8:09 Comments || Top||

#2  Why not just PARDON all taxpayers?
Say from the Obama Admin on?
Posted by: NN2N1 || 05/10/2023 8:28 Comments || Top||

#3  They will prepare the pardon packages ahead of time for Biden and his son. His replacement will sign them on day one.
Posted by: Super Hose || 05/10/2023 11:49 Comments || Top||

#4  WARNING Fox link content rehash:

Biden family received millions from foreign nationals, tried to conceal source of funds: House Oversight
Posted by: Skidmark || 05/10/2023 12:42 Comments || Top||

#5  Snark Snark: This is called throwing you a bone to give you something to chew on. To occupy yourselves. Like a doggie treat. Good boys and girls.

My eyes see nothing but corruption. Hope is all we have, and they drip feed us Hope, and the hope the feed us is nothing but a facade. But they have to give us hope, because without hope we might turn else were. Hope is a helluva drug they say. And if you hope the Presidents son is arrested, you will be sorely disappointed. Your eyes dont lie and you are tricking yourselves.

Posted by: mossomo || 05/10/2023 14:43 Comments || Top||

#6  To be pardoned, don't you have to be convicted of something first? I realize there are a whole lot of carts, but you still need a horse at the front.

Worst case: Child support, accounting/tax violations, mopery, etc. Nothing Dad and a book advance couldn't pay for.
Posted by: SteveS || 05/10/2023 18:41 Comments || Top||

#7  I don't remember Nixon being convicted of anything. Impeached, yes.
Posted by: DooDahMan || 05/10/2023 19:23 Comments || Top||

#8  If/when Joe goes full demento, he can pardon Trump.
Posted by: Gromble Dribble4342 || 05/10/2023 20:38 Comments || Top||

#9  Nixon was never actually impeached. Members of both parties have n the full House Judiciary signaled a majority ofe was certain and the referral to a full vote of the House would be certain.
On the basis of that, he was approached by leaders and convinced to resign.
Posted by: NoMoreBS || 05/10/2023 21:26 Comments || Top||


Fifth Column
George Soros fund nears $400M deal to buy Vice Media out of bankruptcy: report
News companies seem to be the latest fashionable accessory for the politically active multi-billionaire.
[NYPOST] Bankruptcy-bound Vice Media will reportedly be bought out of Chapter 11 by investors who include billionaire George Soros
...either Ernst Stavro Blofeld or Auric Goldfinger come true...
for about $400 million — after the Brooklyn-based company was once valued at nearly $6 billion.

The cash-strapped media company has been prepping for the bankruptcy filing after failing to find a buyer over the past year, The Post reported last week.

The company’s post-bankruptcy arrangement will be to sell itself to the Soros Fund Management — founded by the 92-year-old left-wing activist — and Fortress Investment Group in a deal that would value the once-high-flying Vice at just $400 million, the Wall Street Journal reported Friday.

The move could spell a return to the spotlight for bombastic Vice Media co-founder Shane Smith, who held the role of CEO in the company’s heyday, including being valued at $5.7 billion in 2017.

Reps for Vice Media, Soros Fund Management and Fortress did not immediately respond for comment.
Posted by: Fred || 05/10/2023 00:00 || Comments || Link || [2 views] Top|| File under:

#1  Vice Media's specialty is leftist propaganda.

But so is CNN, MSNBC, PBS, CBS, the NYTimes and others.

So the competition is tough
Posted by: lord garth || 05/10/2023 9:02 Comments || Top||

#2  Vice isn't worth $400M. Let him pay
Posted by: Frank G || 05/10/2023 10:53 Comments || Top||

#3  He is spending our foreign aid dollars. I guess that is less money available to buy bad prosecutors.
Posted by: Super Hose || 05/10/2023 11:56 Comments || Top||

#4  It's an investment in the next gen of prosecutors/ rioters/snitches. He knows how to spend his money.
Posted by: Rex Mundi || 05/10/2023 17:52 Comments || Top||


Government Corruption
Biden family 'got $1 MILLION from ROMANIA' while Joe vowed to clean up corruption: GOP 'influence-peddling' probe into $10M in foreign cash reveals Hunter set up 15 companies AFTER his dad became VP and lay out how money came from China
From a comment and link today by Skid:
[The Daily Mail, where America gets it's news] Republicans are digging in on over $10 million received by Biden family members from foreign actors, including previously undisclosed $1 million in Romanian-linked payments, and a 'web' of 20 companies created while President Joe Biden was vice president and pushing anti-corruption efforts abroad.
Ok, so someone please tell me Obama knew absolutely nothing about any of this.
On Wednesday, House Oversight Committee Republicans led by Chairman James Comer, R-Ky., released a 'Second Records Memorandum' that expands on information it received from subpoena returns as the committee continues its investigation into the Biden family's business practices.

The memo specifically outlines the Biden family's ties to Romanian 'influence peddling' and a web of LLCs created while Biden was vice president. It also accuses President Biden for a 'lack of transparency' regarding his family's receipt of funds from China, which he has said are 'not true.'

It details the efforts by the family to hide, conceal and confuse sources of money - including more China money, according to a committee aide.

'It is inconceivable that the president did not know it, and the White House refuses to correct the President's statement ... the president is now using the federal government to run interference for his family and his own role in these schemes,' said Comer during a press conference announcing the memo Wednesday.

During Biden's time as vice president, there were 20 companies affiliated with certain Biden family members created intentionally with a 'complicated corporate structure' the memo states.

Hunter Biden and his associates, including Rob Walker, formed 'at least 15' of those companies, after Biden took the office of the vice president in 2009.

Several of those entities including Owasco P.C. - which Hunter owned - Hudson West III, LLC, Robinson Walker, LLC, and Rosemont Seneca Bohai, LLC, accepted funds from foreign companies ranging from $5,000 to $3 million, the committee says.
Posted by: Besoeker || 05/10/2023 13:46 || Comments || Link || [4 views] Top|| File under:


#2  News Nation - Comer: Biden family received $10M from foreign nationals
Posted by: Besoeker || 05/10/2023 13:59 Comments || Top||



#5  'Della, bring me the Hunter Laptop file please.'

Another Biden-Romanian and now FBI connection:

MAIL 7 June 2021 - Hunter Biden was hired by a Romanian real estate tycoon to overturn his bribery conviction through a massive propaganda campaign with help from VP Joe's government connections and former FBI director Louis Freeh
Posted by: Besoeker || 05/10/2023 14:41 Comments || Top||

#6  Funny how the FBI keeps coming up, this time, Louie Freeh. Just shows that it doesn't matter who the director is/was. The Bureau is rotten to the core.
Posted by: DooDahMan || 05/10/2023 14:57 Comments || Top||

#7  It's all crashing down. Funny, the Dems do not seem concerned in the least.
Posted by: Rex Mundi || 05/10/2023 17:43 Comments || Top||

#8  /\ "All crashing down" and the Justice Dept. remains silent. The bastids are complicit! They knew wat was going on and did nothing. Their calculation was, Biden would take it all to his grave....and he still may.
I'm looking for a soon resignation, immediately followed by a Harris pardon.
Posted by: Besoeker || 05/10/2023 18:27 Comments || Top||

#9  Good point on a Harris pardon. I'm sure the DNC is burning the midnight oil with many lucubrations over the idea of pardoning Hunter and its effect on the, a-hem, "elections" in 2024.

Of course, the toothless GOP needs to grow a pair.
Posted by: DooDahMan || 05/10/2023 19:14 Comments || Top||

#10  lucubrations is an awesome word I was not familiar with. Well done
Posted by: Frank G || 05/10/2023 19:39 Comments || Top||

#11  I think Joe meant that he was going to cleanup on corruption. There is a fine line between clever and stupid.
Posted by: Super Hose || 05/10/2023 19:56 Comments || Top||


Proud Boys member navy veteran ‘enamored’ with Hitler gets 4 years for Capitol riot
[IsraelTimes] Virginia resident Hatchet Speed also discussed with undercover FBI agent plan to ’wipe out’ US Jews and his belief that Jewish people control Joe The Big Guy Biden

A military veteran who told an undercover FBI agent about his admiration for Adolf Hitler
...late Fuehrer of Germany, founder of the Third Reich, currently communing with his pals Himmler and Heydrich. He is reincarnated every few days as a politician somebody doesn't like...
and discussed a plan to "wipe out" the nation’s Jewish population was sentenced on Monday to four years in prison for storming the US Capitol.

US District Judge Trevor McFadden ordered Virginia resident Hatchet Speed to serve the four-year sentence after he completes a separate three-year prison term for a conviction on firearms offenses, court records show.

The FBI recorded Speed’s conversations with the undercover agent more than a year after the January 6, 2021, riot at the Capitol. The agent posed as "a like-minded individual" while meeting with Speed at least three times in 2022.

Speed, 41, was "deeply worried" about Democrat Joe Biden’s presidency and believed false claims that the 2020 presidential election had been stolen from Donald Trump
...dictatorial for repealing some (but not all) of the diktats of his predecessor, misogynistic because he likes pretty girls, homophobic because he doesn't think gender bending should be mandatory, truly a man for all seasons......
, the Republican incumbent, prosecutors wrote in a court filing. He told the undercover agent that he believes Jewish people control Biden.

Speed expressed his admiration for Hitler during the recorded conversation, calling him "one of the best people that’s ever been on this earth." He also "outlined a plan to enlist Christians to wipe out the country’s entire Jewish population," prosecutors said in a court filing.

"It is not clear why this military veteran with a (security) clearance became enamored with Hitler, began to embrace street fighting and call for the execution of the country’s entire Jewish population," prosecutors wrote. "What is clear, though, is that this defendant committed a serious offense and continues to threaten the safety of the community, posing a serious danger."

McFadden heard trial testimony without a jury before convicting Speed of all five charges in his indictment, including a felony count of obstructing the January 6 joint session of Congress for certifying the Electoral College vote. The judge also convicted Speed of four misdemeanors.

Speed’s four-year sentence matched the prison term recommended by prosecutors. McFadden also sentenced Speed to three years of supervised release after his prison term and ordered him to pay a $10,000 fine plus $2,000 in restitution.

The undercover agent testified under a pseudonym at a separate trial for Speed in Virginia on gun charges. After a retrial in January, a jury convicted Speed of three counts of unlawful possession of an unregistered firearm silencer. In April, US District Judge Michael Nachmanoff sentenced Speed to three years in prison.

Speed was a member of the Proud Boys, joining the far-right murderous Moslem group in 2020, according to prosecutors. He also was a petty officer first class in the US Naval Reserves and was assigned to the Naval Warfare Space Field Activity at the National Reconnaissance Office, the FBI said.

The National Reconnaissance Office operates US spy satellites used by the Pentagon and intelligence agencies. The agency said Speed was not part of the reserve unit at the time of the Capitol riot.

On January 6, Speed drove to Washington, DC, from his home in Vienna, Virginia. After attending the "Stop the Steal" rally, where Trump addressed a crowd of supporters, Speed joined other Proud Boys in marching to the Capitol.

Around 3 p.m., Speed entered the building through a door to the Senate wing of the Capitol after other rioters breached it. He remained inside the Capitol for roughly 40 minutes.

Speed was arrested in June 2022 on riot-related misdemeanor charges. A grand jury later indicted him on the felony obstruction charge.

Speed’s conduct on January 6 "was one step on a disturbing path toward racially motivated criminal conduct — that ultimately featured plans for the kidnapping and mass murder of civilians," prosecutors wrote.
Posted by: trailing wife || 05/10/2023 00:00 || Comments || Link || [2 views] Top|| File under:

#1  It is tempting to hope this despicable guy gets skipped on the pardons, but he looks to have been railroaded in the same process as everyone else. I believe that what is being done is and abomination even when it is done to obvious jerks.
Posted by: Super Hose || 05/10/2023 11:40 Comments || Top||

#2  The FBI entraps the "obvious jerks", convicts them in show trials and makes sure that every time their case is mentioned in the media that Donald Trump is somehow mentioned in the same breath. That way Donald Trump is made to appear responsible for the actions that were in fact instigated by the FBI.
Posted by: Abu Uluque || 05/10/2023 13:46 Comments || Top||


White House bans The Post from Biden event as Hunter indictment looms
Because if they’re there they’ll ask uncomfortable questions. How fortunate that investigative journalists don’t need press releases to get a story.
[NYPOST] The White House press office barred The Post from attending President Biden’s only daytime public event Monday as federal prosecutors near a decision on criminally charging first son Hunter Biden for tax fraud and other crimes.

The Post has closely covered the president’s ties to his relatives’ foreign dealings and first reported in October 2020 on files from Hunter’s abandoned laptop that link Joe The Big Guy Biden
...46th president of the U.S. We get to suffer the consequences...
to ventures in China and Ukraine.

Biden, who falsely characterized The Post’s reporting as Russian disinformation, appeared with Transportation Secretary Pete Buttigieg
...the testicleless mayor of South Bend, Indiana, since 2012. Buttigieg graduated from Harvard College and, on a Rhodes Scholarship, from Pembroke College, Oxford. From 2007 to 2010, he worked at McKinsey and Company, a consulting firm. From 2009 to 2017 Buttigieg served as an intelligence officer in the United States Navy Reserve, attaining the rank of lieutenant and deploying to Afghanistan in 2014. Buttigieg was first elected mayor of South Bend in 2011 and was reelected in 2015. During his second term, he announced he was gay, which surprised no one. Buttigieg also campaigned for Indiana state treasurer in 2010 and for chair of the Democratic National Committee in 2017, losing both elections. He ran for the Dem nomination in 2020 on the theory that being mayor of a nondescript medium sized city is qualification to run the country. He lost that one too...
to talk about airline policies in the White House-adjacent Eisenhower Executive Office Building.

Biden ultimately took no shouted questions at the venue, which houses the set of a "fake" White House and about 50 theater-style seats for news hounds — about 20 of which were empty Monday.

In the same room this February, Biden chose to answer The Post’s query about whether his family’s links to China compromised his ability to steer US policy. He fumed about the lack of "polite" news hounds and stormed out.

The Post has the fifth-largest news website by US readership — or fourth when excluding aggregator MSN. It is the nation’s second-most-read newspaper online and as of last year, The Post had the fifth-largest print circulation.

In a Monday email, however, White House staff said: "We are unable to accommodate your credential request to attend the Investing in Airline Accountability Remarks on 5/8. The remarks will be live-streamed and can be viewed at WH.gov. Thank you for understanding. We will let you know if a credential becomes available."

Posted by: Fred || 05/10/2023 00:00 || Comments || Link || [5 views] Top|| File under:

#1  Sort of like being banned from a Carrot Top gig. The content of a Biden presser has less intellectual content than a Telitubbies episode. This is going full Soviet for no purpose. Time for Biden bye bye.
Posted by: Super Hose || 05/10/2023 11:46 Comments || Top||

#2  Where's the lawsuit outrage?
Like Lightfoot's "no white reporters!"
Posted by: Skidmark || 05/10/2023 12:44 Comments || Top||


#4  Who was the dufus that kept interrupting Trump’s stuff? Maybe this new rule should stay in place.
Posted by: Super Hose || 05/10/2023 19:53 Comments || Top||

#5  ^ Jim Acosta
Posted by: Frank G || 05/10/2023 19:59 Comments || Top||


Hunter Biden's ex-business partner Devon Archer urged to spill Biden dirt to avoid prison
[NYPOST] As Hunter Biden faces a potential criminal indictment this week, his former best friend Devon Archer will make his last bid to avoid jail Tuesday when his appeal is heard in a courtroom in Lower Manhattan.

As he grows increasingly despondent, friends with knowledge of Hunter’s thinking are telling Archer to accept that the Bidens have thrown him under the bus and that a last-minute presidential pardon has been ruled out.
Getting ready for "Devon archer didn't kill himself"
They have urged him to save himself by using the only currency he has left — his knowledge of the Biden family influence-peddling scheme, for which he had a front-row seat for four years during Joe The Big Guy Biden
...46th president of the U.S. The very model of propity....
’s vice presidency.

WH MEET-AND-GREET
Archer was present at meetings Hunter arranged for his foreign business partners to meet with his father or talk to him on the phone.

He famously was photographed meeting the VP in his White House office weeks before Archer and Hunter joined the board of the corrupt Ukrainian energy company Burisma.

The appointment of Judge Richard Sullivan on the three-judge panel in the Second Circuit Court of Appeals hearing the case Tuesday is a cruel blow, says a source close to Archer, because the Trump-appointed judge reinstated his fraud conviction after it had been overturned by District Judge Ronnie Abrams, an Obama appointee who declared "an unwavering concern that Archer is innocent."

Archer is "caught between two presidents" is how friends perceive his predicament.
Posted by: Fred || 05/10/2023 00:00 || Comments || Link || [11 views] Top|| File under:

#1  Archer’s life insurance premium must be ridiculous.
Posted by: Super Hose || 05/10/2023 11:51 Comments || Top||

#2  Epstein!
Posted by: Skidmark || 05/10/2023 12:48 Comments || Top||



Check Biden
Direct Translation via Google Translate. Edited.

Commentary taken from various Telegram posts. Commentary by Russian military journalist Boris Rozhin is italics.

[ColonelCassad] In the United States, Republicans are trying to update at the legal level two accusations against Biden at once - corruption and abuse of power / mismanagement of the country, which could create grounds for another attempt to impeach the US president.

Two Republicans on Monday asked the Congressional oversight body to evaluate the Biden administration's management of the Strategic Petroleum Reserve and review its modernization program, saying SPR sales undermined US energy security.

Senator John Barrasso, a member of the Senate Energy Committee, and Rep. Cathy McMorris Rogers, head of the House Energy Committee, asked the Government Accountability Office (GAO) to evaluate the management of the Department of Energy (DOE) reserve after the administration sold about 250 million barrels from the property last year.

The sales pushed the reserve level to its lowest level since 1983.

“The mismanagement of the SPR by the Department of Energy has undermined America’s energy security, making the country more vulnerable to disruptions in energy supplies and increasing the ability of OPEC and Russia to use energy as a geopolitical weapon,” the lawmakers wrote to Gene Dodaro, head of the US Department of Energy.

A Department of Energy spokesman said the department is committed to replenishing the reserve "in a manner that provides the greatest value to US taxpayers and protects US national (and economic) security interests while honoring congressional mandates and performing necessary maintenance that is also part of good governance." .

In about six months of last year, the Biden administration made a record sale of 180 million barrels of oil to fight high gasoline prices.

Republican lawmakers have said they are concerned that SPR sales could cause structural damage to its pipelines and caverns, jeopardizing its ability to fulfill its mission of energy security in the event of a power outage.

The Biden administration said last month that the sales did not hurt the SPR, and the lab that monitors the facilities even said the record drawdown could extend the life of underground storage facilities.

Energy Secretary Jennifer Granholm said procurement to replenish the SPR could begin later this year after completion of life extension work on two of the four reserve sites on the Louisiana and Texas coasts and after a congressional-sanctioned sale.

Lawmakers said they were concerned about delays and cost overruns in the SPR modernization program approved by Congress in 2015.

https://t.me/oilfly/19840 - zinc

* * *

Case number 2. Congressmen have learned for certain that the DOJ and FBI are in possession of an unclassified document from a credible source. This document consistently shows that Biden, as vice president, had a commercial relationship with a foreigner, receiving money, and changing laws in response. According to the document, the DOJ and the FBI have enough information to determine the truth and accuracy of the information. But it is unclear at this time what steps the DOJ and FBI have taken to investigate this. The public is increasingly eager to see the document and fears that the DOJ and FBI are not disclosing it due to political bias. DOJ and FBI have valuable and verifiable information that is of interest to Americans. Therefore, Congress will conduct its own independent investigation.

https://t.me/politjoystick/32156- Zinc

In simple terms, they want to give legal backing to the old accusations of Biden and his drug addict son
Ouch!
that they received money from China and from various near-state lobbyists.The intelligence services, of course, are covering for Biden and will try to delay the consideration of these charges until the 2024 elections. There is no particular doubt that Biden, among other things, is also a corrupt official.

Of course, all this fight against Biden's corruption is not happening because the fight against corruption and lobbying at the very top will begin in the United States, but because the Republicans will settle scores for the persecution of Trump, since the invoice allows attempts to grab Biden by the loins, which, however, does not guarantees impeachment and landing.


Posted by: badanov || 05/10/2023 00:00 || Comments || Link || [16 views] Top|| File under:


Home Front: Politix
House Speaker Kevin McCarthy blocks Rep. Rashida Tlaib from hosting anti-Israel event
[NY Post] Update to this article
House Speaker Kevin McCarthy on Tuesday foiled Rep. Rashida Tlaib’s attempt to host an event at the Capitol with anti-Israel groups that decry the founding of the Jewish state as a "catastrophe."

"This event in the US Capitol is canceled," McCarthy (R-Calif.) announced in a tweet on Tuesday. "Instead, I will host a bipartisan discussion to honor the 75th anniversary of the US-Israel relationship."

Tlaib (D-Mich.), a member of the far-left "Squad" of congressional lawmakers, had planned to host an event with nine anti-Israel groups at the Capitol Visitor Center on Wednesday titled "Nakba 75 & the Palestinian People."

"Nakba" — which means "catastrophe" — is the Arabic term for the events surrounding the founding of Israel.

"It’s wrong for members of Congress to traffic in anti-Semitic tropes about Israel," McCarthy told the Washington Free Beacon, which first reported on Tlaib’s event. "As long as I’m speaker, we are going to support Israel’s right to self-determination and self-defense, unequivocally and in a bipartisan fashion."

McCarthy noted that he intervened late Tuesday to reserve the space where Tlaib’s event was slated to be held.

The description for Tlaib’s event read: "May 15th marks 75 years since the beginning of the Nakba, which means ’catastrophe.’ Seventy-five years ago, Zionist militias and the new Israeli military violently expelled approximately three-quarters of all Palestinians from their homes and homeland in what became the state of Israel."

The organizers of the event also said they hope to educate members of Congress and their staffs on the "ongoing Nakba to which Israel continues to subject Palestinians."

One of the groups behind the event, Jewish Voice for Peace, is described by the Anti-Defamation League as a "radical anti-Israel activist group that advocates for a complete economic, cultural and academic boycott of the state of Israel" and that "celebrates figures who have been convicted of engaging in terrorism."
Posted by: Frank G || 05/10/2023 12:11 || Comments || Link || [13 views] Top|| File under: Hamas

#1  At first I thought, "finally, somebody with backbone." Then I realized there was no risk.

Tlaib got the public exposure she wanted, McCarthy runs the calendar.
Posted by: Skidmark || 05/10/2023 12:40 Comments || Top||

#2  O.k., Kevin, now with the important stuff out of the way, any movement on impeaching Joseph R. Biden, Jr?
Posted by: DooDahMan || 05/10/2023 19:36 Comments || Top||


Biden, McCarthy start urgent debt talks as default deadline nears
[GEO.TV] President Joe The Big Guy Biden
...46th president of the U.S. We get to suffer the consequences...
and congressional leaders engaged in urgent talks on Tuesday to address the deadlock over raising the US debt limit, which is a staggering $31.4 trillion. Failure to reach an agreement could lead to an unprecedented default within three weeks, posing severe consequences for the country. With both sides showing reluctance to make concessions, Biden, accompanied by top politicians, met in the Oval Office to tackle this critical issue.

Biden, a Democrat, refrained from making comments during the meeting, jokingly stating that they would "solve all the world's problems" without entertaining questions. The leaders were seated along party lines, with Republicans Kevin McCarthy
...the GOP house majority whip. He replaces Eric Cantor, who got whupped because his politix are like Kevin McCarthy's...
and Mitch McConnell on one couch, and Democrats Hakeem Jeffries and Chuck Schumer
...Senator-for-life from New York, renowned for his love of standing in front of cameras and microphones. Schumer has been a professional politician since 1975, when disco was in flower, which is 47.42410 years. Senate minority leader as of 2017...
on the other, while Biden occupied a chair between them. Joining Biden were five senior aides, including Chief of Staff Jeff Zients and budget director Shalanda Young.

Economists warn of dire consequences if a prolonged default were to occur, including a deep recession, high unemployment, and destabilization of the global financial system reliant on US bonds. Investors are preparing for potential impacts. Biden urges politicians to raise the debt ceiling without conditions, while McCarthy insists on spending cuts to address the budget deficit. The differing views and heightened political divisions make the current situation riskier than previous debt ceiling battles.

The meeting held significant importance, as the June 1 deadline approached when the US Treasury projects a potential default on certain debts. McCarthy, facing a slim majority in the House, aims to link the debt ceiling vote to broad spending cuts, a stance that the White House considers extreme. Notably, this was Biden's first meeting with McCarthy since February 1.

The US Chamber of Commerce, the largest business association in the country, called for a swift bipartisan agreement on the debt limit, emphasizing the need for energy project permitting reform and discretionary spending caps. Unlike many countries, the US periodically lifts the borrowing limit to cover previously authorized spending by Congress.

While the start of active talks may provide some reassurance to investors, concerns remain. Treasury bills experienced price declines as investors sold off debt that could mature around the time the debt limit is reached. With Biden's foreign travel plans and scheduled recesses for the House and Senate, there are limited days for all parties to convene before June 1.

Treasury Secretary Janet Yellen has warned about the devastating impact on the US economy and the dollar's weakening as the world's reserve currency if the debt limit is not raised. As the Treasury's cash reserves dwindle and extraordinary measures are depleted, the urgency to find a solution grows. While the White House has explored the option of Biden invoking the 14th amendment of the US Constitution to lift the debt limit, the president has not yet pursued this path.

The ongoing negotiations hold significant implications for the US economy, global financial stability, and the functioning of the government. The outcome of these talks will determine whether the country averts a default and provides insight into the ability of politicians to find common ground on critical fiscal matters.

Related from 2013: A Brief History of U.S. Defaults
Posted by: Fred || 05/10/2023 00:00 || Comments || Link || [7 views] Top|| File under:

#1 

Remember the "Fiscal Cliff"? LOL
Posted by: DooDahMan || 05/10/2023 8:21 Comments || Top||

#2  It's not urgent.
1 - the government is still receiving income
2 - you pay your debts first
3 - you pay what has already been mandated by law
4 - you divide up the remainder among the departments as available
Posted by: Procopius2k || 05/10/2023 8:52 Comments || Top||

#3  Some clown on Fox News yesterday afternoon (my roomate was watching it, so bugger off blaming me) and some wanker was saying to Neil Cavuto 'Boehner and Obama fought over the budget in 2011-2012'. What I remember was Boehner completely rolling over for Obama on that budget, who got just about everything he wanted.

If Speaker McCarthy's not a putz, he needs to prove it with this one. Not that I'm holding my breath.
Posted by: Raj || 05/10/2023 10:43 Comments || Top||

#4  The $600 billion/year interest (2%) on the federal debt won't last long. Soon it will go to $1200 billion/year as older debt matures. May go to $1500-2000 billion/year. That leaves nothing for discretionary spending (military, law/regulatory enforcement, research etc). Leaves no option but to accelerate borrowing from the national credit card until the whole rotten system crashes.
Posted by: Enver Slager8035 || 05/10/2023 11:53 Comments || Top||

#5  This will be a crazy summer.
Posted by: Super Hose || 05/10/2023 11:54 Comments || Top||

#6  a crazy summer

More so with the power grid failures and no AC heat outrage.
Posted by: Skidmark || 05/10/2023 12:46 Comments || Top||

#7  Kabuki, perhaps. But either way it will be a defining moment for McCarthy. He will show himself to be either a chump or a champ.

I know one thing for certain. His constituents elected him in the hope that he would be a fiscal conservative. Now is the time for him to justify that hope.
Posted by: Abu Uluque || 05/10/2023 14:23 Comments || Top||


Jury Finds Former U.S. President Trump Guilty Of Sexually Abusing Writer In Rape Case, Awards Her $5 Million
[TWITTER]

Meaningful to her, pocket change to him.
Posted by: Fred || 05/10/2023 00:00 || Comments || Link || [3 views] Top|| File under:


#2  $100 in damages, the rest in interest and 30-something years of inflation.
Posted by: Bobby || 05/10/2023 3:27 Comments || Top||

#3  Another well paid asset of the never Trump crowd, in the league of temple prostitutes such as Ray Epps, Brennan, Clapper, and Bill Barr.

Hand me the clicker please.
Posted by: Besoeker || 05/10/2023 6:27 Comments || Top||

#4  They changed the law concerning statute of limitations 'after the fact' to allow them to go back that far to try to tag him with something. It boiled down to he said vs she said, thus a popularity contest.
Posted by: Procopius2k || 05/10/2023 7:32 Comments || Top||

#5  /\ A nation of whores.
Posted by: Besoeker || 05/10/2023 7:50 Comments || Top||

#6  Ok the LSD's changed the Statute of limitations.

Well Hello ...... Bill Clinton.
Posted by: NN2N1 || 05/10/2023 8:12 Comments || Top||

#7  How do you just simply go back and change the statute of limitations? Oh, wait, this is the United States that used to have a rule of law.
Posted by: DooDahMan || 05/10/2023 8:14 Comments || Top||

#8  Judge's instruction to jury was that even one unwanted peck on the cheek would constitute sexual abuse under the terms of the statute.

Wonder if hair sniffing is as bad as a peck on the cheek.
Posted by: lord garth || 05/10/2023 9:10 Comments || Top||

#9  She couldn't prove it (or anything) ever happened. Thrown out on appeal(s)
Posted by: Frank G || 05/10/2023 10:55 Comments || Top||

#10  ^^^ Bingo.
But they got what was really the issue, more noise for the 2024 Orange Man Still Bad playbook. Perception is reality for demokrat lawfare propaganda needs.
Posted by: NoMoreBS || 05/10/2023 11:47 Comments || Top||

#11  It wasn’t a trial. It was a reality show with a script.
Posted by: Super Hose || 05/10/2023 11:59 Comments || Top||

#12  No witnesses. No evidence. And yet the jury awards the plaintiff $5 million. This means that any woman in the country can make totally unsubstantiated accusations and then it's up to the accused to prove himself innocent...and if the court is in New York it won't matter. The jury will convict. Lawfare on steroids.
Posted by: Abu Uluque || 05/10/2023 14:29 Comments || Top||



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Two weeks of WOT
Wed 2023-05-10
  Ousted Pakistan PM Imran Khan arrested, sparking protests
Tue 2023-05-09
  Terrorists Attack Nigerian Baptist Church Service In Kaduna, Abduct 40 Worshippers
Mon 2023-05-08
  Renewed clashes erupt between army and paramilitary forces in South Darfur
Sun 2023-05-07
  Organ Harvesting: Nigerian Lawyer Writes British Monarch, King Charles, Seeks Prerogative Of Mercy For Senator Ekweremadu
Sat 2023-05-06
  Chief of Khalistan Commando Force (KCF), has been assassinated
Fri 2023-05-05
  Russia's former president Dmitry Medvedev calls for Volodymyr Zelensky to be killed
Thu 2023-05-04
  Iran’s Revolutionary Guards seize tanker in Strait of Hormuz, for 2nd time in a week
Wed 2023-05-03
  Over 100 rockets fired into Israel from Gaza in under 24 hours
Tue 2023-05-02
  Gaza hunger striker pegs out. rockets fired, threats, vitriol follow
Mon 2023-05-01
  Nigerian Anti-Narcotics Agency Says It Cannot Arrest, Prosecute President-elect For Drugs Offences
Sun 2023-04-30
  Heavy fighting continues in Sudan despite US-brokered truce
Sat 2023-04-29
  Islamic Police, Hisbah Arrests 12 Boys And Girls In Kebbi Brothel, Northwest Nigeria
Fri 2023-04-28
  Scores injured in a blast near a Nineveh market
Thu 2023-04-27
  Senior member of Iran's Assembly of Experts assassinated
Wed 2023-04-26
  Warring parties agree to a new 72-hour truce in Sudan, gov’t accuses RSF of violating ceasefire after 1/2 hour


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