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Biden Touts CHIPS Act: No Wonder China Actively Lobbied Against This Law

Fri, 09/09/2022 - 17:06
President Biden touted the economic and security benefits of the bipartisan "CHIPS And Science Act" Friday during a visit to the future site of an Intel semiconductor factory in Ohio: PRESIDENT JOE BIDEN: Folks at home should know the manufacture of these semiconductors connects countless small businesses into a supply chain that will thrive all because of this law. Imagine if we had more of these kinds of factories across this country. This law makes that a reality. It matters. All of this is in our economic interest and in our national security interest as well. Earlier this year, I went to Lockheed's factory in Alabama, they're making the Javelin missile that we're providing to Ukraine to defend themselves against Putin's unprovoked war. We need semiconductors, not only for those Javelin missiles, but also for the weapons systems of the future which are only going to be more reliant on computer chips. This goes well beyond commercial need. Unfortunately, we produce zero --ZERO-- of these advanced chips in America. Zero. China is trying to move way ahead of us in manufacturing them. It is no wonder, but somewhat unusual, that the Chinese Communist Party actively lobbied U.S. businesses against this law. ... The United States has to lead the world in producing these advanced chips, and this law makes sure that we will. And to be clear, the CHIPS and Science Act is not handing out blank checks to companies. I've directed my administration to be laser-focused on the guardrails that will protect taxpayer dollars.

Mark Levin: The Only Leaks In The Trump Classified Documents Case Came From DOJ/FBI To The Media

Fri, 09/09/2022 - 16:15
Syndicated radio host Mark Levin said Thursday on FNC's "Hannity" that the Justice Department has done more to compromise classified documents by leaking information to the media than it accuses the former president of doing by keeping documents at his Florida home: "The only leakers here are the Department of Justice, and they do not want a special master. Why? Why, America? It's a cover-up. That's why," he said. "They don't want you to know everything that the Department of Justice grabbed out of Donald Trump's home. And so we're supposed to indict Donald Trump over this? Wait a minute." MARK LEVIN: I notice Bill Barr's out there trashing former President Trump. I think he's on cable TV more than erectile dysfunction ads at this point. I don't know what his problem is, but there are a couple of issues here I would raise with him and the nation. Who's in charge of this investigation? It's the Attorney General of the United States. He hasn't recused himself. He hasn't appointed somebody else. He's in charge of every aspect of this investigation, including the search warrant. So that is a huge problem. It's unprecedented. We have Donald Trump, a former president, who may want to be president again. So this whole thing is outrageous. Let's sit back and ask ourselves a question. What the hell is this really about? All they're going to say it is about classified documents, and then when you bring that up, they say, no, it's about obstruction and, no, no, it's about stealing documents. It's a constantly moving ball. But we have a leak here in the Washington Post, "a document describing a foreign government's military defenses, including its nuclear capabilities was found by FBI agents who searched former President Donald Trump's Mar-a-Lago residence and private club last month, according to people familiar with the matter." Who would that be? It's the Department of Justice and the FBI. "...underscoring concerns among U.S. Intelligence officials about classified material stashed in the Florida property." Number one that, Florida property is protected like Fort Knox. Those are government secret service agents, it is not just a country club. It has a gate that you have to get through. I don't know if it's an iron door or what it is, these two massive doors. These men are armed. So it's not like this stuff is all over the place. That's number one. But isn't ironic, America, that the very Department of Justice that's leaking the existence of this information to the "Washington Post" for the whole world to see, for the whole world to see is now concerned that this information was at Donald Trump's home guarded by the Secret Service, and we never knew about it. We only know about it now because the Department of Justice keeps leaking about it, violating Donald Trump's due process right. Right, Bill Barr? I don't hear you talking about that. The media is out there saying Trump needs to be indicted. Indicted for what? "Can you imagine what would have happened if the enemy got this information?" If the enemy got what information? Well, this information that was leaked to the "Washington Post." Oh, really? Can you imagine if we had presidents who actually gave information to the enemy, that endangers our national security? ... We have people all over TV, former federal prosecutors who are a dime a dozen. There are thousands and thousands of them. And Mr. Bill Barr going on and on about how grave this is. About how they have him dead to rights, that Donald Trump. So here we have Mar-a-Lago, which is a compound that is protected by government Secret Service agents. Here we have Mar-a-Lago which they want you to think is just some kind of a country club, where none of the information has been leaked, including to the "Washington Post." So the only leakers here are the Department of Justice and they do not want a special master. Why? Why, America? It's a cover-up. That's why. They don't want you to know everything that the Department of Justice grabbed out of Donald Trump's home. And so we're supposed to indict Donald Trump over this. Wait a minute, I thought we were going to indict Donald Trump over January 6th? Wait a minute, I thought we were going to indict him for violating the his emoluments clasue... or his federal tax returns. Wait a minute, I thought we were going to indict him over his colluding with the Russians? Ladies and gentlemen, these bastards are no good. I don't care if they're dressed up as Attorneys General or FBI agents or members of media or members of Congress. If you want to select Donald Trump as your nominee, selected them. Do not let these people make that decision for you. You choose who you wish. But they want to control who the Republicans choose and they hate Donald Trump. If Donald Trump was so weak and ineffective, do you think they'll be targeting him like this? I'm sick and tired of this former attorney general and all of these former federal prosecutors who do not point out the obvious. Merrick Garland should not be involved in this case. This case is a way big-time overreach, that a president cannot be charged under the espionage act if he acted to declassify, that he didn't obviously didn't steal the documents, because the FBI knew where they were. What is he going to do, shove them in his mattress? Shove them in his wife's underwear drawer? Apparently not. Meanwhile, they took attorney-client privileged information, potentially information in which he would have exerted executive privilege. We don't know yet. Private information, clothing, passports, and all the rest. I'm not big on the Stassi, whether they're dressed up as the FBI or not.

Full Replay: Biden Speaks On Bipartisan "CHIPS and Science Act" At Groundbreaking Ceremony For Intel Chip Factory

Fri, 09/09/2022 - 15:39
President Biden will speak Friday afternoon at the site of a planned Intel semiconductor manufacturing facility in New Albany, Ohio about how the bipartisan "CHIPS and Science Act" will "help rebuild American manufacturing." Read more: Biden administration releases plan to implement $50B CHIPS Act

Watch: Reporter Asks Arizona GOP Governor Candidate Kari Lake If She Would Be Trump's VP In 2024

Fri, 09/09/2022 - 15:26
Arizona Republican gubernatorial candidate Kari Lake delivered a clever answer when asked if she is using the governor's office as a stepping stone to the presidency: REPORTER: ...if Trump were to tap you to VP, is that something you would consider? KARI LAKE: No, I hate -- I don't like Washington D.C., especially now. It is funny that question was asked because for so long, many of you in the media have been trying to act like I don't have the skills to run for governor. Now, apparently, I'm so skilled you think I should be VP. I take it as a compliment, thank you for asking. ... REPORTER: Have you talked to Donald Trump about it? KARI LAKE: I talk to President Trump all the time. I have not talked to him about that. I am applying for the job of Arizona governor, and I am reaching out to the people every single day. Where is [Democratic rival] Katie Hobbs right now? She should be standing right here answering your questions. How often does she talk to you? If you're MSNBC, maybe all the time, but if you want to ask her a pressing question, she cowers. She is a coward. I am applying for a job and the people of Arizona are the hiring managers. They are my boss. And I am going to be here, much to the chagrin of some of you, for not just four years as your governor, but eight years as your governor. So have fun and get used to it, because we are going places and we're going to be the greatest state in the country.

Campaign Ad Features Blood-Curdling Scream From Chicago Crime Victim: "How Much Worse Does It Have To Get?"

Fri, 09/09/2022 - 15:12
The "People Who Play By The Rules PAC," founded by Illinois radio host Dan Proft, produced these ads highlighting the out-of-control crime in Chicago and endorsing Republican gubernatorial candidate Darren Bailey in the 2022 election. Read more: Pritzker, Bailey clash over TV ad that shows woman being attacked in Chicago Read more: Democratic Illinois Gov. J.B. Pritzker says "racism" behind political mailings that attack new criminal justice laws Read more: Lady Screams in Terror as She's Ambushed by Thugs in Broad Daylight in 'Secure' Chicago Neighborhood

Dan Proft has created a new independent expenditure committee called People Who Play By the Rules PAC. Independent expenditure committees can raise and spend unlimited funds.https://t.co/2cf2wPgJ5Q

- IL Election Data (@ILElectionData) March 9, 2022

Judy Shelton: Monetary And Fiscal Policy Are Working Against Each Other With Inflation

Fri, 09/09/2022 - 14:43
Judy Shelton, senior fellow at the Independent Institute, joins CNBC's 'Squawk Box' to weigh in on the Federal Reserve's moves to combat inflation: "Well, I think more people working is a good thing. I think we are looking at a supply side issue. So if higher rates cause businesses to fold and people to get fired, I don't see how that helps resolve inflation caused by too little output I think it doesn't make much sense to, to engage in monetary tightening if you don't have a handle on reckless fiscal policy so, so you have right now monetary fiscal working against even other they should be better coordinated"

Citizens For Sanity Ad: Radical Left Wants To Sacrifice The Innocence And Bodies Of Children

Fri, 09/09/2022 - 14:34
'Citizens for Sanity' released a new ad focused on gender ideology.

CNN On How Queen Elizabeth II Changed The British Monarchy Forever

Fri, 09/09/2022 - 14:30
From embracing technology to connecting with people outside of the Palace, Queen Elizabeth II was credited with modernizing many aspects of the British monarchy, ensuring its success for over seven decades.

Adam Carolla: Why Is Biden Looking For Opportunities To Make This Country More Racist?

Fri, 09/09/2022 - 14:20
Adam Carolla on the controversy last year over the border patrol using horses' reins and the desire to deem people racist: "And also how about the guys that said they are whipping Haitians on a horse like they are some plantation master or something? You ever think about them? And their family? You don't care? Just call everyone a racist. Those guys are probably going to sue everybody, I'm guessing. It's really a weird ugly thing that we took people that were trying to do something for this country, threw them under a bus and called them racist. Then agitated everybody, it's also sort of the end of journalism. Ladies of 'The View' you're allowed to look at the pictures and go 'eh, nothing to see.' You don't all have to jump in and say 'these guys are racist.'" "Here's my whole point, it's low hanging fruit, here's an opportunity, why is the president of the United States looking for opportunities to make this country more racist? That's my bigger question. Yes it is easy for Al Sharpton, but what about Biden? Why is he looking for an opportunity? You're suppose to get everyone back together. Remember that discussion back in the day? We are going to heal? We're going come back together. Also, they can't hire cops, I don't know if they are going to hire border patrol anymore. Who would take this job anymore? Who would do this job?" Carolla asked.

Yellen: Our Plans Worked, Fair To Say We Have Experienced One Of The Quickest Economic Recoveries In History

Fri, 09/09/2022 - 14:04
U.S. Treasury Secretary Janet Yellen delivered a speech on President Biden's economic agenda at Ford Motor's Rouge Electric Vehicle Center in Dearborn on Thursday. YELLEN: Thank you for that introduction. It's great to be in Dearborn and, later today, in Detroit. As the global capital of the automobile industry, this region will experience significant growth and many good jobs from the recently enacted Biden economic plan. I'd like to acknowledge Lieutenant Governor Gilchrist for hosting me here in Michigan today. Thank you to Senator Stabenow, whose leadership on many provisions of the Inflation Reduction Act and CHIPS Act made them a reality, including her critical work on the energy manufacturing tax credit. I'd also like to thank Senator Peters for his equally strong advocacy and leadership. Thank you, also, to the members of Congress who are here with us today – Congresswomen Stevens and Lawrence – who have worked very hard over the past few months on historic economic legislation. And I am grateful to the leaders at Ford for having me at this cutting-edge EV assembly plant. As Treasury Secretary, over the past year and a half – among other things – I have been especially focused on addressing the pandemic-caused crisis. We have been rescuing the job market from the pandemic downturn and stabilizing the economy after its unprecedented disruptions. The pandemic exposed our vulnerabilities, but our economy had long been suffering from soaring inequality, weak growth, and a sense of falling further behind for many – too many. Sluggish productivity growth and declining labor force participation have weighed down our economic potential. And growing disparities in economic conditions across geographies and racial groups have exacerbated inequality. The pandemic and Putin's immoral war in Ukraine remind us of our vulnerability to global supply shocks. But beyond that, the threat of climate change looms very large. Today, I will step back and describe the Administration's efforts to stabilize the economy amid a series of shocks and disruptions. We have brought the United States back to full employment in record time. Then, I will discuss the meaning, for the future, of the historic economic legislation enacted by this Administration. Taken together, the Bipartisan Infrastructure Law, the CHIPS Act, and the Inflation Reduction Act authorize among the most significant investments our country has ever made. I believe firmly that they will help us achieve stable, sustainable growth. And they will move us toward a fairer and more resilient economy. I. ECONOMIC STABILITY When President Biden took office in January 2021, his immediate focus was to restore the economy while protecting Americans from the threat of a deadly virus. At the time of his inauguration, the pandemic had claimed over 400,000 lives.1 And 3,000 additional lives were being lost each day.2 Our public health crisis had triggered an economic calamity. The unemployment rate was over 6 percent with more than 800,000 new jobless claims, on average, per week. It's important to remember the context for the President's actions. At that time, we faced unprecedented uncertainty about the fate of our economy. The truth is: in 2020 and 2021, the tail risk of the pandemic's impact on our economy was a downturn that could match the Great Depression. Our policy response had to sufficiently address all the potential outcomes. So the federal government intervened to keep businesses open, to keep Americans in their homes, and to keep local governments well-resourced. Our plan has worked. Due to the American Rescue Plan and our vaccination campaign, the United States experienced the fastest pace of job creation in our history. Household balance sheets are strong. Businesses continue to invest. Our broad and inclusive recovery has outpaced that of many other large economies. And measured by gross domestic income, our economy continues to expand and is operating above levels that would have been predicted pre-pandemic. It's fair to say: by any traditional metric, we have experienced one of the quickest economic recoveries in our modern history. Now, Americans are rightfully concerned that higher prices are squeezing their day-to-day budgets and their longer-term savings. The causes of inflation are largely global. But the pain of inflation is personal. This Administration's top economic priority is to combat inflation, even as we know the Federal Reserve has the primary role to play in restoring price stability. The President and his entire economic team have focused particularly on our supply chains and energy markets. Last year, when supply chain bottlenecks contributed to upward pressure on prices, the Administration worked with partners to recruit more truck drivers, to fund pop-up container yards, and to get several ports on 24/7 operations.3 We also have released a million barrels of oil per day from our Strategic Petroleum Reserve. By Treasury estimates, the President's decision has reduced the price of gas by between around 17 and 42 cents per gallon this year.4 In markets where we could not help lower prices by expanding supply, we have aimed to mitigate the pain directly, through cost relief. The newly passed Inflation Reduction Act boldly reduces everyday costs for families across the country. Without the law, healthcare premiums would have spiked for millions of Americans in January. Instead, 13 million Americans will continue to save an average of $800 a year.5 In coming years, Medicare will be able to negotiate, and thereby lower the price of high-cost prescription drugs. That corrects a market distortion that has placed excessive pricing power in the hands of pharmaceutical companies. In sum, while costs to American families remain unacceptably high, I believe this Administration's actions have made a meaningful difference. And they will continue to do so. II. SUSTAINABLE GROWTH As we continue to tackle inflation, President Biden has made clear: we cannot just return to the old normal. The recent trifecta of legislation our Administration has signed into law will strengthen the foundations of long-term growth at the core of our post-pandemic economy. Earlier this year, I described many of these policies as modern supply-side economics. I described how, prior to the pandemic, higher inequality was accompanied by slower growth. Now, with an economy at full employment, we are uniquely suited for a supply-side expansion that delivers sustainable growth and reduces inequality. Just over half a year after we introduced this concept, the Biden Administration has delivered on key aspects of the modern supply-side agenda. In doing so, we are making a generational investment in the strength of our economy and in the prosperity of our citizens. In particular, I want to touch upon three economic impacts of the newly passed Biden economic plan. They are: expanded productive capacity of our economy; increased resilience to global shocks; and greater fairness for workers and businesses. A. Expanding the Productive Capacity of Our Economy The Bipartisan Infrastructure Law, CHIPS Act, and Inflation Reduction Act will expand the productive capacity of our economy. They will raise the ceiling for what our economy can potentially produce. They will provide a historic injection of funding into investments that have been too-long neglected. Economists have long stressed the importance of basic public infrastructure for economic growth. Yet more than 40,000 bridges6 – and one in five miles of highways and major roads in America – are in poor condition.7 Our plan provides the funds to fix roads, ports, bridges, and public transit. People and goods will move faster – and with fewer bumps and costly supply-chain snarls such as the ones we have seen during the pandemic. These improvements will expand output. They will enhance the productivity of American workers. Studies show that a 10 percent increase in government infrastructure investment grows national output by over 1 percent in the long run.8 Our plan will also bring high-speed internet to unserved and underserved communities across the country. During the pandemic, I heard heartbreaking stories about parents who drove each day to parking lots with wi-fi so their children could complete their homework online.9 With this closing of the digital divide, more children will be able to complete their online schoolwork right at home. The economic opportunities for millions of Americans currently without adequate internet service will be broadened. Regardless of where they live, they will have access to new jobs or customers around the world. Economists have also long underscored the contribution of investments in research and development to American productivity growth. While recent attention on the CHIPS Act has been focused on semiconductor manufacturing, our plan also authorizes tens of billions in federal government investment into research and development across a range of agencies. This authorization could not come too soon: the United States now ranks tenth in the world in terms of R&D investments as a share of output. Over half a century ago, the federal government spent 1.9 percent of GDP on R&D, in part to fuel the race to the moon. In recent years, it has spent a third of that. The estimated cost of the retreat in public R&D is $200 billion per year in lost economic output.10 Meanwhile, competitors in China and the rest of the world are marching forward. The Biden economic plan marks our government's intent to return to serious scientific research and innovation. I've heard laments of the days when America built and America innovated. The Biden economic plan provides significant investments in the capacity of the American economy to do just that. B. Building Economic Resilience The second critical impact of the Biden Administration's modern supply-side agenda is to improve American economic resiliency. Americans know the unsettling feeling of seeing empty new car lots – or volatile gas prices due to supply shocks beyond our control. Since the private sector does not always optimize their supply chain to consider external risks, government has a critical role to play. We have become too vulnerable to countries like China using their market advantages in certain technologies or natural resources to exercise leverage against other countries for their own benefit. Our plan takes significant steps toward reducing these economic and national security risks. At the same time, we will maintain mutually beneficial trade and keep our deep ties with other countries. This begins with two sectors that are core to 21st century resilience: semiconductors and energy. While semiconductors are found everywhere in everyday goods, the United States produces only 12 percent of semiconductors today. That is down from more than a third in the 1990s.11 The impact of a chip shortage has recently been felt acutely across our economy. Factories have been idled and consumers have faced skyrocketing prices for cars and other goods that rely on chips as a key input. Our plan, which is powered by the CHIPS law, provides around $40 billion in incentives to onshore semiconductor manufacturing in the United States. That helps support the cost of investing here rather than elsewhere. There will be greater certainty in our increasingly technology-dependent economy. Progress has already been made: a number of semiconductor manufacturers have already announced expansions of their U.S. footprint since passage of the law.12 The past few years have also reminded us of our vulnerability to geopolitical and climate-related shocks. These shocks have increased in both frequency and scale. As I speak here, the southwest United States is in a megadrought – an ongoing 22-year drought that is the driest period in over 1,200 years.13As part of our plan, the Bipartisan Infrastructure Law allocates around $50 billion toward climate resilience and weatherization. It will protect farmers, homeowners, and communities against the increasing number and scale of droughts, heat waves, and floods.14 Given the existential threat posed by climate change, it is imperative that we address it. Our plan – powered by the Inflation Reduction Act – represents the largest investment in fighting climate change in our country's history. It will put us well on our way toward a future where we depend on the wind, sun, and other clean sources for our energy. We will rid ourselves from our current dependence on fossil fuels and the whims of autocrats like Putin. In policy terms, experts estimate this law puts the United States on a path to reducing emissions relative to 2005 levels by approximately 40% within the next eight years. That places President Biden's goal of cutting our emissions in half by 2030 well within reach. While there is much more work to do, we can finally say to ourselves and to the world that we are on a path to a net-zero emissions economy. I am proud that Treasury is at the forefront of implementing this plan. Today, countries representing around 90% of global GDP have made net-zero commitments by mid-century or soon thereafter.15 By mobilizing private capital, the clean energy tax credits implemented by Treasury will propel our economy and workers to a leadership position in the fastest growing markets and technologies of today and the future, with positive spillovers to the rest of the world. This includes the U.S. clean vehicle sector, where we can expect greater investment – and more good jobs, like the ones here at Ford – as we develop the supply chain here at home. Further, in the process of boosting domestic clean energy production, the law will support our energy security and insulate us from the type of fossil fuel-driven energy volatility that we've seen in the past year. III. ECONOMIC FAIRNESS I want to end by speaking about fairness in the economy. To me, fairness is a goal of policy. And it's a moral issue. But progress has been elusive: long before the virus arrived, we were living in an economy where wealth built upon wealth and a growing number of working families – and communities – were being left behind. The modern supply-side policies that I spoke of are not just pro-growth. They are also pro-fairness. The traditional approach to supply-side economics – which focuses on providing tax incentives to owners of capital in order to boost private investment – has, in many cases, contributed to deepening income and wealth disparities. We saw that in the previous Administration's signature piece of economic legislation – a tax bill that overwhelmingly benefitted the wealthiest Americans and biggest corporations. In contrast, the modern supply-side agenda is concerned with a broad range of productivity-boosting investments and with a broad distribution across sectors, people, and places. It recognizes that investing in disadvantaged communities often results in higher returns on investment. And it boosts growth by tapping all our resources. In layman's terms, this approach embraces the notion that some of the best opportunities for growth occur when we invest in people and places that have been forgotten and overlooked. We know that a disproportionate share of economic opportunity has been concentrated in major coastal cities. Investments from the Biden economic plan have already begun shifting this dynamic. Given its manufacturing focus – and manufacturing's reliance on strong infrastructure and supply chains – we expect to see dollars catalyze innovative investments across cities and towns that haven't seen such investment in years. As an example, to spur regional economic development, the Commerce Department will establish at least 20 regional technology and innovation hubs. They will be geographically dispersed with priority for underserved and underrepresented communities. Such dispersal of economic opportunity across the country will mean good new jobs in industries of the future. It will also lead to cascading economic progress for local communities that are so vital to the economic and social fabric of this country. Beyond our growth strategy, the Administration is also focused on other ways to build fairness in our economy. That includes fixing the tax system. With the President's leadership, we secured $80 billion of funding for the IRS. That reverses a decade of steep decline.16 Billions of dollars will go toward tangible improvements that taxpayers will see when they interact with the IRS. We will have improved customer service; more answered calls; expedited return processing and refunds; updated computer systems; and simplified tax filings. Furthermore, this funding will also help correct a two-tiered tax system by ensuring that large corporations and high-income earners cannot avoid paying the taxes they owe. The tax gap – the amount of money that is owed but not paid to the IRS – is huge. It is estimated at $7 trillion over the next decade. And it's disproportionately concentrated among high earners. These earners have more complex and opaque sources of income. And due to the IRS' resource constraints, they are very rarely audited. That means that an increased burden in funding our government and investing in our economy falls on working- and middle-class families that are doing everything right. These resources will enable the IRS to increase audits of taxpayers at the high end and collect taxes from those who have not paid their full bill. I have made clear that this funding will not be used to raise audit rates relative to recent years for households making under $400,000 annually. Rather, with the right technological infrastructure in place, audit rates for honest taxpayers will actually decline. This funding will help the IRS to collect billions in revenue, which can be used to reduce the deficit, fund additional public investments, or lower taxes for working families. Combined with the corporate tax reforms in the law, this funding also represents some of the most significant steps we've taken in recent years to build a fairer and more effective tax system. IV. CLOSING To summarize, the decisive actions taken by President Biden to vaccinate individuals and control the virus saved countless American lives. These lifesaving measures were accompanied by policies to revive and reinvigorate the economy. Over the past year and a half, the United States has experienced a historic jobs recovery; expanded our capacity for sustainable, resilient growth; and advanced economic fairness. So – where do we go from here? As we look to the fall and the months beyond, our Administration is ready to build on the achievements of the past year. The most immediate challenge is to return to an environment of stable prices without sacrificing the economic gains of the past two years. To ensure our long-term economic stability, we must keep our public finances on sound footing. We will build on the momentum of the Inflation Reduction Act's corporate tax reforms to advocate for additional reforms of our tax code and the global tax system. This includes closing loopholes and returning tax rates for high earners and corporations to historical norms. By making everyone pay their fair share, these reforms will provide our government with additional fiscal room to make critical investments. We will also continue to support sustainable, resilient growth. In the coming months, we expect to see significant movements of private capital into growing industries, such as clean energy production and semiconductor fabrication. We will coordinate permitting reform across the government to speed up these investments while upholding bedrock standards and laws. We also understand the importance of reliable and sustainable sourcing of raw minerals and materials – such as polysilicon, lithium and cobalt, and iron and steel – as we build the chips, batteries, and infrastructure of the future. We especially understand the urgency of investing in and expanding America's most valuable economic asset: our workforce. Programs like free community college and expanded workforce training increase the productivity of our labor force. Further, we must invest in structural reforms that increase our labor force participation rate. A wide body of research has shown that high-quality, affordable childcare and free preschool increase the likelihood that parents, particularly mothers, will participate in the workforce. They also provide lasting benefits on the outcomes of their children. Lastly, we will continue to pursue economic fairness. The policies I have just outlined – from the tax reforms to affordable childcare – are powerful tools to level the playing field. But there is more. In particular, I believe it is a national imperative to increase the affordability of housing, which will confer substantial health, social, and economic benefits on low- and middle-income families. Simply put, it should be easy – not hard – to put a roof over your head. Even as the Administration's policies prevented the tsunami of pandemic-related evictions that we had feared, we must continue advancing our coordinated government approach to expand the supply of housing. For all there is left to do, I will say this: after the progress we have made over the past few months, I am more optimistic about the course of our economy than I have been for quite a while. We are headed in the right direction. Thank you.

Hawley: DOJ Won't Lift Finger On Crime Wave, Have All The Time In The World To Investigate Political Opponents

Fri, 09/09/2022 - 13:58
Senator Josh Hawley (R-MO) talked about the politization of the Justice Department under the Biden administration: "We're seeing it unfolding in real-time. What we're seeing is an administration that cares nothing about the rule of law. They only care about abusing it. The only time they're interested in law enforcement is when they can use it against their political opponents, especially Donald Trump or anybody who supported Donald Trump. And what we're seeing is an effort by this president to use law enforcement, to abuse law enforcement to try to criminalize basically the political opposition, which is half the country. And it is unprecedented in our history, Sean, and it is extremely dangerous. Metroplex time, you got people like this killer in Memphis. We're seeing shooting sprees, murders, carjackings all across the country. DOJ won't lift a finger to do anything about the crime spree that is hurting and killing Americans, but they've got all the time in the world to target their political opponents."

Geraldo Rivera: "Black People Killing Black People, It's The Ghetto Civil War I've Been Talking About"

Fri, 09/09/2022 - 13:51
On 'Hannity' Geraldo Rivera talked about the recent increase in crime in the cities: "The only disagreement I have with it is that you didn't mention one other factor, and that's race. You have these cities, Detroit, New Orleans, Baltimore, Cleveland where I am, Memphis where two of these horrible crimes have happened. They are majority African-American cities where African-American commits most of the murders and the victims of those crimes are also usually African-American. Black people killing black people. It's the ghetto civil war I've been talking about that I've been pleading with people to please do something about."

Richard Stengel: Americans Interested In Queen's Death Yearn For The Era Of Hereditary Privilege

Fri, 09/09/2022 - 13:39
MSNBC political analyst Richard Stengel on the news coverage of Queen Elizabeth II's death and the history of the British Empire: "You played a clip of her at Cape Town in 1947 in South Africa. That was the year Apartheid took effect in South Africa. That was something British colonialism ushered in. British colonialism, which she presided over all these years, had a terrible effect on much of the world, and it's something that people revolt from. I have to say to your earlier question, why are American news networks dedicating all of this time to Queen Elizabeth's funeral? I think it's a good question. I think there is a weakness in the American character that still yearns for that era of hereditary privilege, which is the very thing that we escaped from."

Tucker Carlson: Queen Elizabeth Is Being Attacked Because She Lived In A Better Time, Africa Slumped After British Empire

Fri, 09/09/2022 - 13:15
Fox News host Tucker Carlson reflects on Queen Elizabeth II's life and legacy on 'Tucker Carlson Tonight:' TUCKER CARLSON: Queen Elizabeth II died today in Scotland, as you likely know, at the age of 96. She was the longest serving monarch in British history. She was born in one world and died in another. It's not easy to maintain your dignity while living in the public eye. Most of us could not pull it off for an afternoon. Queen Elizabeth did it for more than 70 years. "I want to ask you all," she wrote shortly before her coronation in 1953, "whatever your religion may be, to pray for me on that day, to pray that God may give me wisdom and strength to carry out the solemn promises I shall be making and that I may faithfully serve Him and you all the days of my life." For the most part, she did just that, and that was not a small achievement given the period she lived in. The week that Elizabeth was coronated, Edmund Hillary, a British subject from New Zealand, a beekeeper, became the first man in history to summit Mount Everest. The achievement seemed symbolic at the time – Britain on top of the world. But in fact, Britain was already over, whether the British knew it or not. To this day, Britain claims to have won both of the 20th century's world wars, but together, they destroyed that nation forever. After victory came humiliation. The empire evaporated, and along with it, Britain's self-confidence and ultimately its self-respect. It's hard to believe now, but Britain wasn't always a regional banking center/refugee camp. It was a real place with a history and a language and a culture and a genuinely remarkable people, a country in the North Atlantic, the size of Alabama, that somehow took over the world and ruled it with decency unmatched by any empire in human history. The British Empire was not perfect, but it was far more humane than any other ever. It's gone now, barely even remembered. Queen Elizabeth II was the last living link to a truly Great Britain. Today on social media, the usual ghouls celebrated her death. "May her pain be excruciating," a Carnegie Mellon professor called Uju Anya wrote on Twitter of the queen. "May she die in agony." Various know-nothings in the media, including a columnist at The Atlantic and a couple of employees of NBC News, seconded that thought. "The British Empire was evil," they wrote, apparently totally unaware of what came after it. And speaking of: what did come after the British Empire? How, for example, did Africa fare after the British left? Let's see. Uganda got Idi Amin, who was a cannibal. Rhodesia became Zimbabwe and then became the poorest country on the planet under the racist lunatic Robert Mugabe. As of tonight, South Africa is still being run into the ground by an incompetent kleptocratic called Cyril Ramaphosa. So, it's hard to see any of that as an improvement because it's not an improvement. Sorry, Atlantic Magazine. And now, of course, the entire continent of Africa has a new master: the Chinese government. China is the latest colonial power to dominate Africa. Its subjects will be pining for the British soon, assuming they are not already. In an ideal world, they would not be empires, no empires, only sovereign nations, but we don't have that world and we never have had that world going back to at least the Assyrians 1,400 years before Christ. In the real world, the one that we live in, strong countries dominate weak countries and that trend shows no sign of changing. The very least you can say about the English is that they took their colonial responsibilities seriously. They didn't just take things, they added. When the U.S. government withdrew from Afghanistan after 20 years, we left behind airstrips, shipping containers and guns. When the British pulled out of India, they left behind an entire civilization, a language, a legal system, schools, churches and public buildings, all of which are still in use today. Here's the train station the English built in Bombay, for example. There's nothing like that in Washington, DC right now, much less in Kabul or Baghdad. Today, India is far more powerful than the UK, the nation that once ruled it and yet, after 75 years of independence, has that country produced a single building as beautiful as the Bombay train station that the British colonialists built? No, sadly, it has not. Not one. So, despite what they may be claiming on Twitter tonight, the British Empire was more than just genocide. In fact, the British did not commit genocide, except arguably against the Dutch during the Boer War. The British did give the world the Magna Carta and habeas corpus and free speech. They helped end the transatlantic slave trade, as well as the ritual murder of widows in India. The British Empire spread Protestant Christianity to the entire world. It published some of the greatest literature ever written and produced the finest manufactured goods ever made anywhere at any time, including now. It was an impressive place run by impressive people. We will see many empires going forward, but we will never see one so benign. That's true and because it's true, the people who would like to run the world in a far harsher way would like to make certain that you don't know it. And so they destroy the evidence, the evidence that ever existed. Here they are tearing down a statue of a British philanthropist in the UK two years ago. Destroy the statue, erase the memory. That's why they're doing it. Slander the ruler, discredit the entire period she lived in. And that's exactly why they're attacking Queen Elizabeth tonight-not because she was a bad person, she wasn't a bad person, but because she lived during a better time.

Joe Scarborough: Of All Donald Trump's Horrible Legacies, Precedent Of Indicting Former Presidents Is Bad

Thu, 09/08/2022 - 20:07
MSNBC "Morning Joe" regulars Joe Scarborough and John Heilemann discussed Thursday morning the precedents that could be set for American politics and the republic if the former president is indicted over his handling of classified documents. JOE SCARBOROUGH, MSNBC: It is a bit horrifying to think about the consequences of this. And I say that, of all the terrible legacies that Donald Trump has left this nation, this may be one of the more long-lasting. If he is indicted, as the law would suggest he should be indicted, then you can bet your bottom dollar that Republicans will do everything they can, a Republican administration, to indict the next Democratic predecessor that they have. You know, there is a reason why Gerry Ford got -- won his profile in courage, because he was willing to sacrifice a presidency to stop the long national nightmare that Richard Nixon was responsible for. Over time, when people cooled down, they decided that was best for our republic. I think the extent of what Donald Trump has done is so egregious that no attorney general, no fair-minded attorney general would have any choice to indict him, but that doesn't also make it true that it will set, as Barr was saying, an absolutely horrendous precedent. JOHN HEILEMANN: Yeah. I mean, I thinK... I think any democratic president in the future who has secret documents and what the Washington Post is reporting-- SCARBOROUGH: Right, John, but, unfortunately, that's not going to be the standard, is it? HEILEMANN: Right Joe. Nope. SCARBOROUGH: The standard is going to be lowered. HEILEMANN: Again, I'm not -- let me finish. I'm trying to say, like, I think that precedent is a fine precedent to set. Do I think there's going to be the possibility that future administrations will use this as a pretext to indict future presidents for lesser crimes or no crime at all? Yeah, I think that's the problem. It's not that it is setting the wrong precedent. It's, like, going to have a lot of unintended consequences if our politics continue down the path they're going down now, where it is tit for tat and people use any excuse to take the next step. I fear that that is going to be the door that's going to be opened here. Yet, I can't believe, and I think you and I agree about this, I can't believe that you would want to set the other precedent, which is, a president could leave office, steal a bunch of documents, take them off to their private home, including top secret documents -- MIKA BRZEZINSKI: On foreign countries. HEILEMANN: Nuclear materials of foreign countries, if that turns out to be true, and we [would] let the president get away with that. You set a precedent in either case. BRZEZINSKI: Exactly. HEILEMANN: The consequences of Donald Trump's actions going forward are terrible in both cases. But the question is, which precedent do you want to set? Do you want the precedent where a president who has violated the law in this way is held accountable, or do you want to set the precedent where he is not accountable? The only conclusion you can come is, despite the possible political ramifications, the right implication, the right decision on that is going to be you can't let this go if he's done what it looks like he's done, you can't let it go without accountability. SCARBOROUGH: And I'm sure the discussions we're having right here have been had in the Justice Department for quite some time now.

Trudeau Statement On Queen Elizabeth II: "She Was Our Queen For Almost Half Of Canada's Existence"

Thu, 09/08/2022 - 18:46
Canadian Prime Minister Justin Trudeau commented Thursday on the death of Queen Elizabeth II. "She was one of my favorite people in the world, and I will miss her so," Trudeau said.

New British PM Liz Truss: "With The Passing Of The Second Elizabethan Age, We Usher In A New Era," "God Save The King"

Thu, 09/08/2022 - 18:38
Liz Truss, the new leader of the U.K. Conservative Party who has been serving as Prime Minister since Tuesday, said "God Save The King" during an announcement Thursday about the death of Queen Elizabeth II after 70 years on the throne. "Today, the crown passes, as it has done for more than a thousand years, to our new monarch, our new head of state, his majesty, King Charles III," Truss said. "We offer him our loyalty and devotion just as his mother devoted so much to so many for so long. And with the passing of the Second Elizabethan Age, we usher in a new era in the magnificent history of our great country, exactly as her majesty would have wished, by saying the words, God save the King." PRIME MINISTER LIZ TRUSS: The death of her majesty, the queen, has been a shock to the nation and the world. Queen Elizabeth II was the rock on which modern Britain was built. Our country has grown and flourished under her reign. Britain is the great country it is today because of her. She ascended the throne just after the second world war. She championed the development of the Commonwealth from a small group of seven countries to a family of 56 nations spanning every continent of the world. We are now a modern, thriving, dynamic nation. Through thick and thin, Queen Elizabeth II provided us with the stability and strength that we needed. She was the very spirit of Great Britain, and that spirit will endure. She has been our longest-ever reigning monarch. It's an extraordinary achievement to have presided with such dignity and grace for 70 years. Her life of service stretched beyond most of our living memories. In return, she was loved and admired by the people in the United Kingdom and all around the world. She's been a personal inspiration to me and to many Britons. Her devotion to duty is an example to us all. Earlier this week, at 96, she remained determined to carry out her duties as she appointed me as her 15th prime minister. Throughout her life, she's visited more than 100 countries, and she has touched the lives of millions around the world. In the difficult days ahead, we will come together with our friends across the United Kingdom, the Commonwealth, and the world, to celebrate her extraordinary lifetime of service. It is a day of great loss, but Queen Elizabeth II leaves a great legacy. Today, the crown passes, as it has done for more than a thousand years, to our new monarch, our new head of state, his majesty, King Charles III. With the king's family, we mourn the loss of his mother, and as we mourn, we must come together as a people to support him, to help him bear the awesome responsibility that he now carries for us all. We offer him our loyalty and devotion just as his mother devoted so much to so many for so long. And with the passing of the Second Elizabethan Age, we usher in a new era in the magnificent history of our great country, exactly as her majesty would have wished, by saying the words, God save the King.

Watch: BBC Announces Passing Of Queen Elizabeth II

Thu, 09/08/2022 - 18:13
The Queen's news service reported her death Thursday evening in the U.K.

Here is the moment BBC Radio 1 entered The Protocol. pic.twitter.com/VdNnnvwgf1

- Timothy Burke (@bubbaprog) September 8, 2022

The Queen died peacefully at Balmoral this afternoon.

The King and The Queen Consort will remain at Balmoral this evening and will return to London tomorrow. pic.twitter.com/VfxpXro22W

- The Royal Family (@RoyalFamily) September 8, 2022

There was total silence outside Buckingham Palace as the news broke, and then the crowds broke into song: God Save the King. pic.twitter.com/6kCUNSLw68

- Anna Stewart (@annastewartcnn) September 8, 2022

Lincoln Project Ad That Triggered Trump To Sue: "You Know Who The Sucker Is? It's You"

Thu, 09/08/2022 - 16:42
This ad from the Lincoln Project apparently triggered the former president to threaten to sue FOX News: Read more: What's really going on with the Lincoln Project, the anti-Trump, Republican-led PAC that's pissing off lots of people - Twitter loves the ads. Does that matter? THE LINCOLN PROJECT: Dear MAGA, we have some bad news. No, not that he lost. Not that your little coup attempt failed and its planners and the attackers are going to jail. No. The really bad news is why Trump told you he lost. Why he set it up way before the 2020 election. It wasn't voter fraud but it was fraud. Trump told you the election was stolen ripped you off, to sucker you, to take your hard-earned money and shovel it into his pockets. He spent it on himself not to take back the White House. It was the biggest scam in political history. Every dollar you sent him paid to keep his shady business empire and lavish lifestyle going. It was a sucker game all along. And you know who the sucker is? You. Lincoln Project co-founder Rick Wilson celebrated the attention:

Donald Trump is "Truthing" that he's going to sue @ProjectLincoln.

I have words for him. pic.twitter.com/0Cnyu5xQ3W

- Rick Wilson (@TheRickWilson) September 8, 2022

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