Times of extreme volatility in the market provide an opportunity to reconsider your investment strategy.
Since he changed his legal address from Trump Tower in New York City to his Mar-a-Lago Club in Palm Beach, Fla., some have assumed that’s where he'll go after leaving Washington. There’s just one problem.
For more than a year, an 80-year-old Hialeah woman refused to tell her daughter that she was being forcibly raped by her daughter’s ex-husband, according to police.
The United States could begin sharing sensitive intelligence with Honduras about inbound flights carrying drugs, U.S. officials told Reuters, even as the Central American country faces scrutiny from Washington over drug-related corruption. A proposed memorandum of understanding on intelligence sharing, which has not previously been reported, has yet to be finalized by the U.S. and Honduran governments.
A Hong Kong pro-democracy activist who is visiting Denmark urged European nations on Wednesday to allow protesters in Hong Kong "a safe haven from the terror” of China's Communist Party. “The situation in Hong Kong is getting worse by the day and it is important that the world knows that Hong Kong is no longer a free city,” Ted Hui said in an email to The Associated Press. Britain has extended residency rights for up to 3 million Hong Kongers eligible for British National Overseas passports, allowing them to live and work there for five years.
Senator Ron Johnson pushed back Wednesday against allegations that he has admitted privately that Joe Biden won the presidential election but refuses to do so publicly due to political concerns, saying his statements have always been consistent.Mark Becker, former chairman for the Brown County Republican Party, wrote an op-ed published Wednesday in the The Bulwark claiming that Johnson admitted that Biden won during a private phone call last month, but said he would not say as much publicly because it would be "political suicide.""Senator Johnson knows that Joe Biden won a free and fair election," Becker wrote. "He is refusing to admit it publicly and stoking conspiracies that undermine our democracy solely because it would be 'political suicide' to oppose Trump. I find this unconscionable."Becker said the "war that leaders of the GOP such as Senator Johnson are waging on the very foundations of our democracy" spurred his decision to publish details about his November 14 phone call with the Wisconsin Republican senator.Johnson dismissed the op-ed's accusations against him on Wednesday, saying the article "should be viewed as the political hit piece it is, and simply ignored.”“I have been very consistent in both public and private statements that I believe there are way too many irregularities and suspect issues that need to be fully investigated and publicly vetted before a final result is determined and a peaceful transition of power takes place," Johnson said in a statement emailed to National Review.On Tuesday, shortly after Attorney General William Barr said the Justice Department has not found evidence of voter fraud widespread enough to change the outcome of this year’s presidential election, Johnson called on Barr to “show everybody” his evidence that no mass voter fraud occurred, saying there are “enough suspicions” and “irregularities" to warrant questions about the process.Meanwhile, a growing group of GOP senators is calling on President Trump to concede the election as his legal team fails to produce evidence of widespread fraud and runs out of legal avenues to challenge the vote tallies.Becker, who has been vocal in his opposition to Trump over the past four years, says he endorsed and campaigned for Johnson's unsuccessful opponent, Democrat Russ Feingold, during their 2016 Senate race in Wisconsin.
In 2018, Crystal Mason was sentenced to five-years for voting in the 2016 election. The American Civil Liberties Union of Texas is now working with her to appeal the verdict. Mason had no idea she was not allowed to vote in 2016 when she cast her provisional ballot due to the fact that she was on federally supervised release.
As Sen. Lamar Alexander (R-Tenn.) bid farewell to his colleagues on the Senate floor Wednesday, the retiring lawmaker received a standing ovation from the rest of the upper chamber.In an emotional speech, Senate Majority Leader Mitch McConnell (R-Ky.) said Alexander is "leaving this body and those of us in it, and the nation it exists to serve, stronger and better because you were here."> WATCH: Sen. Mitch McConnell gets emotional while speaking on Sen. Lamar Alexander: "You're leaving this body and those of us in it and the nation it exists to serve stronger and better because you were here." pic.twitter.com/JKqBpefAM5> > -- The Hill (@thehill) December 2, 2020Veteran Democratic senators, including Senate Minority Leader Chuck Schumer and Sen. Dianne Feinstein (D-Calif.), also heaped praise on Alexander. Schumer, referring to Alexander as his friend, said he "will leave this chamber with a legacy that every senator should be proud of," emphasizing instances in which he's reached across the aisle despite potential personal political cost.Feinstein, meanwhile, said "I truly have come to appreciate Sen. Alexander's fairness, interest in solving problems, and his bipartisanship. Most of all, I so appreciate your friendship."In his final address, Alexander said the Senate needs "a change of behavior" resulting in lawmakers ceasing to block each other's amendments. > Not something you see often -- bipartisan standing ovation on Senate floor for retiring GOP Sen. Lamar Alexander after he wraps up farewell address, which featured a heavy emphasis on his cross-aisle relationships and bipartisan accomplishments, especially on education issues> > -- Deirdre Walsh (@deirdrekwalsh) December 2, 2020More stories from theweek.com The naked corruption of Kelly Loeffler and David Perdue Trump will sign McConnell's coronavirus stimulus bill, Mnuchin says 'Stop the Steal' rally asks Trump supporters not to vote in Georgia's Senate runoffs
Back in July, the US attorney general Bill Bar was dutifully echoing Donald Trump's warnings that mass mail-in voting was vulnerable to election fraud. Mr Barr's forceful repetition of the unfounded claims were met with heavy criticism from opponents, who accused the country's top law enforcement official of using his position to boost Mr Trump's chances of re-election. After the vote, Mr Barr attracted criticism once more when he authorised prosecutors to pursue allegations of vote counting "irregularities" before election officials had certified the results - a significant reversal from long-standing Justice Department policy. So it was a severe blow to the president's hopes of overturning the election results when Mr Barr publicly declared on Tuesday night: "To date, we have not seen fraud on a scale that could have affected a different outcome in the election". Democrats were quick to crow over the admission by the head of the Justice Department, one of the president's closest allies. "If you've even lost Bill Barr... it’s time to pack it up," said Adam Schiff, a senior Democrat congressman.
An international human rights group has asked Sri Lanka to conduct an impartial investigation into prison unrest and the use of live ammunition by guards that resulted in the death of 11 inmates and injuries to more than 100 others. Amnesty International said authorities should examine the underlying causes of the unrest at Mahara prison, which began Sunday evening and continued into Monday. “Yesterday’s incident reflects the anxiety among prisoners about the threat of COVID-19 within severely overcrowded prisons and the inadequate measures in place to protect them," said David Griffiths, director of the Office of the Secretary General at Amnesty International.
From a private island to a tiny Vermont tree houseOriginally Appeared on Architectural Digest
A tight race for a congressional seat in upstate New York is being further complicated by the discovery of 55 uncounted ballots, a Chenango County attorney announced on Tuesday.In New York’s 22nd Congressional District Republican Claudia Tenney led Democratic Representative Anthony Brindisi by just 12 votes on Monday, which should have been the last day for election officials to report vote totals in the district.On Tuesday, Chenango County Attorney Alan Gordon told Supreme Court Justice Scott DelConte about the newly discovered ballots, which were cast during New York’s early voting period in the 22nd Congressional District.“Those ballots were apparently mislaid and never counted,” Gordon wrote. “I have advised our Board of Elections to not open any of those ballots and to secure them in their offices,” he said.Eleven of the 55 ballots appear to be from unregistered voters, while the remaining 44 could undo Tenney's lead. However, the New York Supreme Court is expected to rule this week on challenges that have been made against over 2,000 other absentee and affidavit ballots in the race.Chenango County Elections Commissioner Carol Franklin told Syracuse.com she did not know why the votes had not been counted.“My guess is they came in early and they were put aside and mislaid,” Franklin said. "I would hope that we could open them tomorrow with representatives present from each campaign.”The race has taken a number of twist and turns since Election Night, when Tenney initially led by 29,000 votes before mail-in votes were counted, eliminating her lead. Last week, Brindisi picked up a double-digit lead that later disappeared after two counties said they had made tabulation errors.
Carlos Rojas Rodriguez confronted then-candidate Joe Biden about deportations in 2019. Here's what Rodriguez wants to see from the president-elect.
An Alabama soldier was charged with reckless murder after allegedly forcing his girlfriend's unruly 5-year-old son to get out of a car at night along a road where the boy was hit and killed by another vehicle, authorities said.
Control of the United States Senate hinges on two January 5 runoff elections in Georgia, where incumbent Republicans David Perdue and Kelly Loeffler are facing Democrats Jon Ossoff and Raphael Warnock respectively. Most immediately, the race is a contest over whether President-elect Joe Biden and the Democratic Party will be able to govern — especially by passing another big coronavirus rescue package.However, Loeffler and Perdue are also excellent examples of what interests the Republican Party serves — namely, the ultra-rich, which includes both Loeffler and Perdue personally. These are two people who were rich before they got into politics, and leveraged their power as senators to make themselves even more rich — by profiteering off the pandemic. It is government of, by, and for the top 0.1 percent.Let me consider their cases in turn. David Perdue is a longtime businessman who served as CEO of Dollar General in the mid-2000s, where he worked diligently to source more products from China. According to his financial disclosures, he is worth between $15 million and $43 million.As Michela Tindera writes at Forbes, Kelly Loeffler and her husband Jeffrey Sprecher own a big stake in International Exchange, a financial clearinghouse company that Sprecher founded and where he remains CEO and chairman. (That company also owns the New York Stock Exchange, where Sprecher is again chairman.) After closely examining Loeffler's financial disclosure forms and other information, Tindera estimates that the couple is worth at least $800 million, and likely over $1 billion — or roughly quadruple the wealth of the second-richest member of Congress, Senator Mitt Romney (R-Utah).Here's how the pandemic profiteering worked. On January 24, there was a private all-Senate briefing about the looming disaster — long before there was a broad public understanding that the U.S. was going to get slammed by COVID-19. Immediately afterward, both Loeffler and Perdue started trading strategic stocks. As The Daily Beast reported at the time, Loeffler executed 29 transactions valued between $1.275 and $3.1 million in the following days before the market crashed, almost all of them sales — one exception was a purchase of Citrix, which sells teleworking software. (Also, Loeffler recently violated the legal prohibition on soliciting campaign funds in a Senate office building.)Perdue made a similar number of trades, but bought more than Loeffler — in particular, an investment of up to $850,000 in DuPont, which manufactures personal protective equipment. And as The Associated Press reports, in late January he sold between $1 million and $5 million in shares of Cardlytics, a financial technology firm, at $86 per share. Then, when the market had bottomed out in March, he snapped up between $200,000 and $500,000 of Cardlytics shares at $30 apiece; since then the share price has shot back up to $121. Nice tidy little profit to counterbalance the 270,000 dead Americans. (The Daily Beast also reports that in 2019, Perdue bought up shares of a submarine parts manufacturer before voting to give the company a lucrative contract, then sold it for another handsome profit.)When reports of these trades first came out, both Loeffler and Perdue insisted they had nothing to do personally with the moves. "I have never used any confidential information I received while performing my Senate duties as a means of making a private profit ... professionals buy and sell stocks on our behalf," wrote Loeffler in an April 8 Wall Street Journal op-ed. Perdue told the Atlanta Journal-Constitution that advisers made his investment decisions on their own.In the first place, candidates not taking direct control of their stock trades does not actually remove the conflict of interest. If you are a senator, and you hire a bunch of asset managers to look after your investments without any kind of blind trust, you still know what those investments are. You can make decisions knowing that your Goldman Sachs lackeys will make the profit-maximizing move in response — which is the best-case scenario of what happened here.But realistically speaking, it is virtually impossible to believe that all these trades had nothing to do with the two senators. Are we really to believe it was a coincidence that these asset managers started making "there is a pandemic coming" trades the very same day the two were receiving classified briefings on the disaster? Come on. Indeed, The New York Times recently reported that Perdue was lying with his blanket denial — he did directly instruct his manager to sell the Cardlytics shares after receiving a cryptic email mentioning "upcoming changes" from the company's then-CEO. (Perdue and Loeffler have been cleared of legal wrongdoing by the Department of Justice, but given that Attorney General Barr is a shameless Trump stooge, that is hardly reassuring.)Since then, both Perdue and Loeffler have largely downplayed the pandemic. Unlike Ossoff and Warnock, both have been holding large, in-person rallies. In July, both Loeffler and Perdue came out against extending the boost to unemployment insurance in the CARES Act, and since then neither have answered questions about further economic rescue measures from Atlanta Magazine. Instead, since the election they have amplified Trump's flagrant lies that Georgia's Republican governor and secretary of state somehow helped Joe Biden steal the election there.Over the last decade or so, there has been a long discussion of why Democrats are bleeding votes in rural areas (precisely where Republicans run up huge margins in Georgia). And on one level it's an important debate — there is good evidence that as Democrats embraced austerity, deregulation, and free trade that harmed such places, it hurt their vote share.But on another level, it is frankly staggering that the Republican Party has swooped in to replace them. The Democrats may not be much of a friend to the working class or rural farmers, but Republicans are straight-up picking their pockets. If you want a couple senators to govern solely on behalf of their massive asset portfolio while leaving everyone else twisting in the wind, vote Perdue and Loeffler.More stories from theweek.com Trump will sign McConnell's coronavirus stimulus bill, Mnuchin says 'Stop the Steal' rally asks Trump supporters not to vote in Georgia's Senate runoffs Trump gives 45-minute speech about voter fraud — which 1 analyst says he'd be making in court if it had any merit
Retired Gen. Michael Flynn is fresh off a presidential pardon and ready to get back into some trouble.President Trump pardoned his short-lived national security adviser last week, after Flynn had previously pleaded guilty to lying to the FBI about his contacts with a Russian ambassador. Flynn has since been sharing dubious allegations of voter fraud, and on Wednesday, boosted a message telling Trump to take some radical actions to stop it.In a full-page Washington Times ad from something called the We the People Convention, Ohio Tea Party leader Tom Zawistowski tries to draw a comparison between Lincoln trying to save the union in 1863 and Trump trying to claw back the 2020 election, using some disputed facts along the way. Zawistowski alleges a lot of similarities between the two times, from "Democrat/Socialist federal officials plotting to finish gutting the U.S. Constitution" to big tech "actively censoring free speech and promoting leftist propaganda." So to counter that, the We the People Convention suggests Trump "declare limited Martial Law to temporarily suspend the Constitution" in order to hold a presidential election re-vote overseen by the military.> Big pro-authoritarian energy in Trumpland today:> > The president's (recently pardoned) former national security adviser, Mike Flynn, shared a message encouraging President Trump to "temporarily suspend the Constitution," impose martial law and "silence the destructive media." pic.twitter.com/cQh0wl7oWw> > — Brad Heath (@bradheath) December 2, 2020Flynn shared the ad on Twitter on Wednesday, seemingly trying to encourage a bunch of Fox News hosts and QAnon supporters to share it. It's just one of many disputed facts and allegations about the election that are apparently flowing through the mind of the man who used to oversee America's national security.More stories from theweek.com The naked corruption of Kelly Loeffler and David Perdue Trump will sign McConnell's coronavirus stimulus bill, Mnuchin says 'Stop the Steal' rally asks Trump supporters not to vote in Georgia's Senate runoffs
Hong Kong leader Carrie Lam on Tuesday urged residents to stay home as the city grapples with a resurgence of the coronavirus, which has infected more than 600 people in the last week. Lam asked citizens to “refrain from social gatherings” and said that people, in particular the elderly, should remain at home. Hong Kong has reported 6,397 infections since the pandemic began, with 109 deaths.
Adam Laxalt, the co-chair of the Trump campaign in Nevada, is fighting ferociously against his state’s decision to reward its six electoral votes to President-elect Joe Biden, alleging widespread voter fraud and hyping litigation to overturn Biden’s victory.But a nonprofit ethics and transparency group affiliated with Laxalt, Nevada’s former attorney general, has already conceded Biden’s victory and is looking ahead to the new administration.“It’s become clear that we’re going to be having a Biden team and a Biden administration in 2021,” said Caitlin Sutherland, the executive director of Americans for Public Trust, in an interview on Tuesday. The new administration is “what we will remain focused on going into next year.”Sutherland stressed that Laxalt’s work with the Trump re-election campaign, and his efforts to invalidate Biden’s win in Nevada, were entirely separate from his work with APT, a tax-exempt nonprofit that’s barred by law from engaging in political or partisan activity. “That is something he does in a personal capacity outside his role in APT,” Sutherland said. “As a 501c3, we, and Adam when he works with us, do not engage in anything with a partisan or political bent.”Nevada Gov. Calls Trump’s Conspiracy Theory Retweet ‘Unconscionable’ But Laxalt maintains his position as APT’s outside counsel and frequent spokesman even as he works with the Trump team in a personal capacity. And the fact that the group he works with is planning for a reality he refuses to concede underscores just how great a divergence has developed within the broader conservative movement. One faction appears unable to acknowledge the reality of Joe Biden’s win—perhaps for fear of offending Trump. Another doesn’t want to get caught flat-footed for when that reality comes about.Illustrating the political complications that these two pulls can create for the president’s political allies, Sutherland followed up on her initial interview with The Daily Beast to clarify her statement—and hedge her view on the outcome of the election. “As Biden is working to build out his team, APT will provide transparency and scrutiny, even as litigation on the election results are ongoing,” she wrote.As a leading Trump campaign official in Nevada, Laxalt has been a face of the campaign’s efforts to overturn the state’s presidential contest. Last month, he appeared at a news conference in North Las Vegas—alongside former Trump intelligence chief Ric Grenell and GOP lobbyist Matt Schlapp—to level allegations of widespread voter fraud and preview a lawsuit demanding that a state court declare Trump the winner, despite trailing by more than 33,000 votes.The Shady Ex-Cop Behind Trump’s Nevada Voter-Fraud FarceAs part of that lawsuit, the campaign submitted a list of thousands of voters who it said had cast ballots in Nevada despite living out of state. Many of those voters turned out to be military servicemen and their families stationed outside of Nevada, but who are permitted by law to cast ballots in the state.Like nearly all of the Trump campaign’s election-related lawsuits over the past month, the Nevada effort has so far fallen short. Last week, Nevada’s Supreme Court certified Biden’s win in the state. The campaign’s efforts persist nonetheless, and the president and his attorneys continue to gripe about a nonexistent conspiracy against him perpetrated by high-level government officials—including Republicans—and voting machine companies with nebulous ties to foreign dictators.Those voting machine conspiracy theories, which largely focus on the company Dominion Voting Systems, have not extended to Nevada, or Laxalt's efforts there. But on Tuesday, the president hailed a Nevada court ruling allowing both presidential campaigns to inspect voting machines used in the state’s largest county. In a tweet on the ruling, Trump tagged Grennell, Schlapp, and Laxalt.Founded this year, APT uses open records requests and other transparency tools to root out apparent conflicts of interest and ethical breaches among government officials and interest groups. APT is a conservative-leaning group, though Sutherland, a former research director at the National Republican Congressional Committee, said it has and will continue to investigate Republicans and Democrats alike.“We have demanded accountability and transparency from a variety of groups and politicians from both sides of the aisle. That momentum will not change as we head into a Biden administration,” she said.APT has already begun to file open records requests for documents related to incoming Biden administration officials, Sutherland said. “We are taking a look at each individual that will be nominated to the cabinet, and who President-elect Biden is surrounding himself with, what that network has done in the past, and what they would mean in a Biden administration.”Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
General Motors Co, which has long struggled with labour relations in South Korea, will have to renegotiate a preliminary labour deal after a majority of union members voted against it. Only about 45% of members were in favour of an agreement reached with union negotiators last week for each member to receive a lump sum payment of 4 million won ($3,615) by early 2021, a union official said on Tuesday. GM has rejected employee demands to raise the retirement age by five years to 65 and to build more vehicles at one of its South Korean plants.
President Trump will sign Senate Majority Leader Mitch McConnell's (R-Ky.) coronavirus stimulus proposal, Treasury Secretary Steven Mnuchin told reporters Wednesday.McConnell announced what appears to be a tweaked version of his previous $500 billion deal on Tuesday, just hours after a group of bipartisan senators put forward a $908 billion proposal. McConnell hasn't revealed many details of his bill yet, but it does include school choice tax credits, a proposal blocking the federal government from using unspent CARES Act funding, and other GOP priorities.Mnuchin made no mention of the bipartisan senators' bill, nor of a "secret deal" Democratic leaders reportedly put forward. The bipartisan bill's price tag was similar to the package McConnell shot down in July, but repurposes funds from the CARES Act, meaning only half the figure is new money. House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Chuck Schumer (D-N.Y.) meanwhile gave Republicans what Schumer called a "private proposal" on Monday night. No further meetings between Democrats and the White House are on the docket.COVID-19 relief bill negotiations have been stalled for months, with the last CARES Act expiring at the end of July. Boosted unemployment benefits ended then, but a slate of other unemployment protections and tax propositions will expire at the end of the year without action.More stories from theweek.com The naked corruption of Kelly Loeffler and David Perdue 'Stop the Steal' rally asks Trump supporters not to vote in Georgia's Senate runoffs Trump gives 45-minute speech about voter fraud — which 1 analyst says he'd be making in court if it had any merit
Six years after the alleged incident, one woman is taking a prominent TV star to court.