Wall Street Journal 10/10/24: You can tell the Pennsylvania Senate race is tightening because CNN on Wednesday rolled out a hit piece on GOP Senate candidate Dave McCormick’s record as former CEO of Bridgewater Associates. The story happens to fit perfectly with Democratic Sen. Bob Casey’s campaign strategy vilifying private business. “Senate candidate Dave McCormick led hedge fund that bet against some of Pennsylvania’s most iconic companies,” reads the headline, which Mr. Casey tweeted. The Democratic incumbent and his allies in the press can’t find any wrongdoing during Mr. McCormick’s five years (2017-2022) running Bridgewater, so they’re peddling economic illiteracy disguised as investigative reporting.
The piece claims that Bridgewater under Mr. McCormick shorted the stocks of roughly four dozen companies headquartered in Pennsylvania, including Hershey Co., U.S. Steel, Comcast and Penn National Gaming. Short-selling is when an investor borrows a security and then sells it with the intent of buying it back at a lower price.
Well-diversified investors take short positions to hedge risks in their portfolio. As the Biden Securities and Exchange Commission explained last year, “short selling provides the market with important benefits, such as providing market liquidity and pricing efficiency.”
Yet the CNN story makes short-selling sound nefarious. “Short positions, which are essentially bets that the companies’ stocks will drop, can hurt corporations by depressing their stock prices, making it harder to gain new financing, invest or hire more workers, according to experts,” CNN says. “For financial institutions, short positions can be lucrative.”
Yes, and so can long positions. The goal of investing is to make money, but short sellers can also lose money if the price of stocks they short rise before their short bets come due. Read more
Daily Signal 9/9/24:Vice President Kamala Harris, Democrats’ nominee for president, finally released her policy platform Monday, a day before her first debate with former President Donald Trump.
The Harris platform makes various claims about the root causes of issues faced by America and the way Harris plans to address those issues. The claims underlying her policy promises are false, however.
Here is a look at what the Harris campaign released under the title “A New Way Forward.”
Harris’ policy platform says that, if elected, she will "secure our border"and fix our broken immigration system.” The Biden-Harris administration, however, abruptly shifted the nation’s border policies on Day One, enabling a massive influx of illegal immigrants since 2021.
The platform focuses on “the bipartisan border bill" that failed to pass the House of Representatives in 2023 and suggests the legislation would solve illegal immigration.
The platform blames Trump for “killing the bipartisan border bill” although out of office and thereby failing to solve the border crisis. The platform states that Harris would sign the legislation, suggesting that nothing more is needed to solve the underlying issues.
Congressional Republicans, however, said the border bill was political posturing and not a true effort to secure the border.
The bill “spends $20 billion to not secure the border, but to more efficiently encounter, process, and disperse illegal migrants,” Sen. Ron Johnson, R-Wis., told reporters. Read article
July 8, 2024 RNC Platform Committee adopts 2024 Republican party platform, Make America Great Again! It is a return to common sense, a forward-looking agenda that begins with the following twenty promises:
8/6/2024 PITTSBURGH -- Allegheny County Republican Chairman and councilman-at-large Sam DeMarco today issued the
following statement on the selection of Minnesota Gov. Tim Walz
as vice-presidential running mate for Kamala Harris:
“Tim Walz is the avuncular face of the Democratic Party’s continuing tilt to the hard left. His pals include antisemites like Ilan Omar, economic radicals who see taxes as a first resort, and environmental extremists who are determined to bring an end to Pennsylvania’s energy economy. While I have serious differences with Josh Shapiro, the Kamikaze attacks on him from members of his own party are proof that the Democratic Party has ceased to exist as a voice for tolerance and common sense.” See press release
7/17/2024 PITTSBURGH – Republican Chairman and Allegheny County Councilman-at-large Sam DeMarco today called on council colleague Bethany Hallam to resign after Tweeting what he called a “wildly inappropriate and incendiary” online post in the wake of Saturday’s assassination attempt on President Trump.
The former president was slightly wounded by the shooting, while a rallygoer was killed and another critically injured.
Hallam’s now-deleted post pictured above.
A day earlier, Hallam posted a quote popular among extremist political groups that seemed to endorse political violence.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -Thomas Jefferson
DeMarco’s comments follow:
“From the time she first joined Allegheny County Council, Bethany Hallam has employed extreme language to advance her political climb. Yesterday’s wildly inappropriate and incendiary post mocking the attempted assassination of a former president and the death of a rally attendee and grave injury to two others, leaves us with no other conclusion. She has to go. From her support for antisemitic protesters to unseemly conduct at council meetings, Bethany Hallam has shown no ability to conduct meaningful and productive discussions on public policy. She should resign.”
4/14/24 Guy Reschenthaler: U.S. Customs and Border Patrol recently released a report revealing that 54 convicted sex predators have been caught attempting to illegally cross our southern border in the Del Rio Sector over the past six months.
These criminal illegal immigrants are convicted child molesters, rapists, and pedophiles — and every single one of them tried to illegally enter our country as a result of President Biden and Secretary Mayorkas’ reckless open-border policies.
It begs the question: How many other convicted sex predators have illegally crossed our border, successfully entered our country, and are freely walking our streets?
Biden’s border crisis is an opportunity for dangerous criminals — and a threat to the American people.
If the president wants to protect Americans, he needs to start by closing the border.
4/6/24 Epoch Times: Several recent reports say that President Biden’s new EV mandates will likely amount to a sizable wealth transfer from the poor to the rich, and from rural red regions to urban, blue, Democrat-voting districts. On March 20, the Environmental Protection Agency (EPA) finalized its tailpipe emissions rules for the auto industry starting in 2027. These rules are the strictest in history and will effectively force carmakers to have one-third of new car sales be plug-in electric vehicles (EVs) by 2027 and more than two-thirds be EVs by 2032. But critics say that these measures will be costly, especially for less wealthy Americans who don’t want, can’t use, or can’t afford EVs.
“This isn’t industrial policy,” Robert Bryce, author and energy analyst, told The Epoch Times. “In reality, it’s a type of class warfare that will prevent low- and middle-income consumers from being able to afford new cars.”
According to an October 2023 report by the Texas Public Policy Foundation, as much as $48,000 of the cost of the average EV sold in the United States is paid, not by the owner, but in the form of “socialized costs” that are spread out among taxpayers and electricity consumers over a 10-year period.
These socialized costs come in the form of taxes, subsidies, fuel economy credits paid by gas carmakers to EV manufacturers, and higher electricity bills as consumers absorb the capital costs to expand the power grid and build charging stations.
Why aren't we growing? See video of James Hayes, candidate for US House District 12, running against the radical "squad" member Summer Lee.
Secure elections are the cornerstone of American democracy. Your help is critical to ensure the election is fair and honest. Republican Poll Watchers and Workers are needed in Pennsylvania for Election Integrity Operations during the 2024 election season. Poll Watchers observe and report potential issues which may arise at polling locations and ballot tabulation centers. Poll Workers play an official role in administering the election at the precinct level. Now is your chance to help America vote with confidence and do your part for election integrity. Training will be provided.
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Epoch Times: Watch for free until January 15: "The Real Story of January 6," an Epoch Original Documentary by The Epoch Times, reveals the truth that has been hidden from the American people. While a narrative has been set that what took place that day was an insurrection, key events and witnesses have been ignored, until now. After 18 months of investigation, the film was released with exclusive interviews and video footage to tell the real story of January 6.
7/3/23 WASHINGTON ― The Internal Revenue Service warned taxpayers today to be on the lookout for a new scam mailing that tries to mislead people into believing they are owed a refund.
The new scheme involves a mailing coming in a cardboard envelope from a delivery service. The enclosed letter includes the IRS masthead and wording that the notice is "in relation to your unclaimed refund."
Like many scams, the letter includes contact information and a phone number that do not belong to the IRS. But it also seeks a variety of sensitive personal information from taxpayers – including detailed pictures of driver's licenses – that can be used to by identity thieves to try obtaining a tax refund and other sensitive financial information.
"This is just the latest in the long string of attempts by identity thieves posing as the IRS see more
Association of Mature American Citizens, AMAC advocacy affiliate, AMAC Action, maintains a full-time presence in Washington, D.C., calling on members of Congress to provide guidance, discuss issues, and support or oppose legislative actions on behalf of our membership. AMAC Action also participates in D.C. conservative forums and other coalition activity and maintains a national grassroots organization comprised of hundreds of volunteer advocates. Folks, it’s not enough for us to merely hold the line. We must push back against these outrageous pieces of legislation, and we must push back against the politicians trying to replace rights that are endowed by our Creator with a new system of rights “granted” by government. This is why you need to join AMAC today! AMAC does more than just talk. It offers solutions to the problems America is facing today. It is constantly reviewing legislative proposals and if they align with constitutional principles and our mission, AMAC offers support. If they don’t, AMAC offers our opposition. Over the past several years, AMAC has organized and attended nearly one thousand in-person meetings with congressional leaders, Senators, House members, state representatives, and others who directly impact the future of our country. Stand with our national non-partisan, issues-oriented advocacy group that represents the concerns of AMAC members, supports sensible legislation and speaks for what matters – our rights as guaranteed by the Constitution, for tradition and moral compass, fiscal responsibility, federal solvency, and accountability in government by joining AMAC today.
7/12/23 Epoch TV: There is a war on truth being waged in the United States, and by international powers. New systems are being established that could soon determine what can be discussed and what cannot be discussed. In the United States, it turns out government agencies have been involved in a campaign of censorship by proxy, and a judge has momentarily put a stop to this. Abroad, the European Union is paying visits to American social media companies to coerce them into censoring their users, in accordance with foreign laws. And even beyond these battles over truth and who defines truth, there is a looming system that could soon create standards for global censorship.
We discussed before that the United States is backing the so-called pandemic treaty. This would give the World Health Organization (WHO), through the United Nations, the unilateral power to declare public health emergencies and recommend policies. This would be a legally binding agreement of all member states. And members are expected to sign on sometime next year. See article
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By Keith Rothfus, former Congressman, 3/15/23: Liberal Democrat Eric Adams, mayor of New York City, recently raised more than a few eyebrows when he observed, “When we took prayers out of schools, guns came into schools.” While the mayor’s traditional liberal allies expressed concern with his words, his remarks should be the cause of significant reflection for a nation soaked in violence that echoes other carnage across the globe.
During my years in Congress in the 2010s, I received regular Global War on Terror updates from the Institute for the Study of War, a Washington think tank that published frequent reports on Afghanistan and Iraq. The violence and deaths the ISW reported were all too routine; that, tragically, is the nature of war. Read article in the American Spectator
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