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My friend Herman Cain, a Powerful Voice of Freedom and all that is good, passed away this morning. Herman had an incredible career and was adored by everyone that ever met him, especially me. He was a very special man, an American Patriot, and great friend. I just got off…
…the phone with his amazing wife Gloria, daughter, Melanie, and son Vincent to express my deepest condolences to the entire family. @FLOTUS Melania and I loved Herman Cain, a great man. Herman, Rest In Peace! pic.twitter.com/GNUf5jHjX0
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Cincinnati Enquirer by Cameron Knight July 24, 2020
Excerpt:
The Washington Post and Nick Sandmann have settled a libel and slander lawsuit stemming from coverage of the Northern Kentucky teen, who became the center of a social media firestorm in 2019.
Sandmann announced the settlement on Twitter on Friday, which also happened to be his 18th birthday.
…
Sandmann and his attorneys argued that the gist of a Washington Post article falsely conveyed that Sandmann had assaulted or physically intimidated Nathan Phillips and engaged in racist conduct.
The suit said the paper’s coverage was like a “modern-day form of McCarthyism.”
Sandmann’s attorneys claimed The Post incorrectly characterized the teen as the aggressor in the situation and exposed him to public ridicule.
The lawsuit was at first dismissed in federal court, but then was allowed to continue on a limited basis examining specific statements that said Sandmann “blocked” Phillips and “would not allow him to retreat.”
In a tweet Friday, Sandmann said: “The fight isn’t over. 2 down. 6 to go.”
CNN has settled with Sandmann in January. The details of that settlement were private.
There are outstanding lawsuits against NBC, ABC News, CBS News, The New York Times, Rolling Stone and Gannett. The Enquirer is owned by Gannett.
Between all the lawsuits, Sandmann sought $1.25 billion in damages. With the CNN and Washington Post lawsuits settled, he is still seeking $725 million.
On 2/19/19, I filed $250M defamation lawsuit against Washington Post. Today, I turned 18 & WaPo settled my lawsuit. Thanks to @ToddMcMurtry & @LLinWood for their advocacy. Thanks to my family & millions of you who have stood your ground by supporting me. I still have more to do.
Please exercise your free speech in the comments section below. There are no stipulations of political correctness on this blog. Speak your mind, give us your thoughts, both objective and subjective. Share your ideas, hunches, inklings or your expertise. Please provide recommendation and corrections if you spot errors in fact within the blog report. Lastly, remember that posting a comment is much like casting a vote, so please do so!
Financial Times by James Politi in Washington and Colby Smith in New York July 27, 2020
Excerpt:
The surge in US coronavirus cases is pushing the Federal Reserve closer to a delicate decision on the best way to deliver more monetary support to the US economy, but the central bank is unlikely to move imminently. Policymakers will gather for a meeting of the Federal Open Market Committee on Tuesday and Wednesday that will be dominated by the threat to recovery posed by the spread of Covid-19, including in such economically vital states as California, Texas and Florida.
Policymakers will gather for a meeting of the Federal Open Market Committee on Tuesday and Wednesday that will be dominated by the threat to recovery posed by the spread of Covid-19, including in such economically vital states as California, Texas and Florida.
…
With financial market conditions remaining relatively strong, the Fed has signalled it is leaning against any announcement this week. This would give it more time get a firmer grasp on the data, and reach an internal consensus on its next move. Many Fed watchers are betting that a shift will not happen until at least the September meeting of the FOMC. “One of the reasons they are not yet ready to pull the trigger is they need more space to be able to figure out what they’re aiming at,” said Randall Kroszner, a former Fed governor and economist at the University of Chicago. “In particular, there’s an enormous amount of uncertainty about the virus, about the responses to the virus, whether that’s on the fiscal side or on the health side, and uncertainty about the economic consequences.”
“One of the reasons they are not yet ready to pull the trigger is they need more space to be able to figure out what they’re aiming at,” said Randall Kroszner, a former Fed governor and economist at the University of Chicago. “In particular, there’s an enormous amount of uncertainty about the virus, about the responses to the virus, whether that’s on the fiscal side or on the health side, and uncertainty about the economic consequences.”
Please exercise your free speech in the comments section below. There are no stipulations of political correctness on this blog. Speak your mind, give us your thoughts, both objective and subjective. Share your ideas, hunches, inklings or your expertise. Please provide recommendation and corrections if you spot errors in fact within the blog report. Lastly, remember that posting a comment is much like casting a vote, so please do so!
The Fake News Media is trying to portray the Portland and Seattle “protesters” as wonderful, sweet and innocent people just out for a little stroll. Actually, they are sick and deranged Anarchists & Agitators who our great men & women of Law Enforcement easily control, but who…
The Guardian by the Associated Press July 28, 2020
Excerpt:
Lawyers for Jeffrey Epstein associate Ghislaine Maxwell asked a judge to stop her accusers from using evidence in the criminal case to boost civil lawsuits by posting materials to the internet.
The lawyers say attorneys for women who claim Maxwell recruited and abused them should be subject to the same secrecy rules as prosecutors and Maxwell’s defense lawyers.
The lawyers, though, said it was one topic that prosecutors and defense lawyers for the British woman could not agree on as they composed a proposed agreement to keep evidence secret prior to a trial scheduled in Manhattan federal court for July 2021.
Maxwell, 58, who has been incarcerated without bail since her arrest several weeks ago, has pleaded not guilty to charges that she recruited and aided the abuse of three girls by Epstein in the 1990s.
Bloomberg Shelton’s Progress Toward the Fed Has Caused a Fuss. Here’s Why By Christopher Condon July 22, 2020
Excerpt:
Judy Shelton is inspiring no shortage of fear in Washington right now, at least in certain circles.
The libertarian think-tank veteran moved a step closer to joining the Federal Reserve’s Board of Governors when the Senate Banking Committee on Tuesday approved her nomination to that post by President Donald Trump. Unless four Republicans emerge to oppose her confirmation when it reaches the full Senate, she will soon have a seat, and a vote, on one of the world’s most powerful policy making bodies.
So what’s all the fuss?
In short, she’s viewed suspiciously by many in central banking circles for policy views that are well outside the mainstream — including a history of admiration for the gold standard — and for being a political loyalist who might bend to Trump’s will. Shelton appeared to abandon her long-time advocacy for ultra-tight monetary policy when she emerged as a Fed candidate, publicly aligning herself with the president’s calls for lower interest rates.
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