Thursday ReadsPosted: November 4, 2021
The mainstream media, led by The New York Times, is writing the Democrat’s obituary after Terry McAuliffe’s loss in the Virginia gubernatorial race, but I don’t feel like writing about that. I have no idea whether the loss will affect the 2022 midterms. I don’t really want to think about it, except that I hope the Democrats will finally do something about the filibuster. There has been some talk of changing Senate rules for voting rights legislation, after Republicans once again blocked debate on the Voting Rights Act.
The New York Times: Republicans Block a Second Voting Rights Bill in the Senate.
Senate Republicans on Wednesday blocked legislation to restore parts of the landmark Voting Rights Act weakened by Supreme Court rulings, making it the second major voting bill to be derailed by a G.O.P. filibuster in the past two weeks.
Despite receiving majority support, the John Lewis Voting Rights Advancement Act, named for the civil rights activist and congressman who died last year, fell nine votes short of the 60 required to advance over Republican opposition.
In the aftermath of the defeat, Senate Democrats said they would intensify internal discussions about altering filibuster rules or making other changes to allow them to move forward on voting rights legislation despite deep resistance by Republicans, who have now thwarted four efforts to take up such measures.
“Just because Republicans will not join us doesn’t mean Democrats will stop fighting,” said Senator Chuck Schumer, Democrat of New York and the majority leader, after the vote. “We will continue to fight for voting rights and find an alternative path forward.”
Yesterday the Federal Reserve announced plans to deal with inflation. I don’t know about you, but I’ve been affected by the rising food prices. Even though we’re getting the biggest Social Security increase in a very long time, it isn’t going to be enough. The New York Times: Fed Takes First Step Toward End of Pandemic Measures.
The Federal Reserve on Wednesday took its first step toward withdrawing support for the American economy, saying that it would begin to wind down a stimulus program that’s been in place since early in the pandemic as the economy heals and prices climb at an uncomfortably rapid pace.
Central bank policymakers struck a slightly more wary tone about inflation, which has jumped this year amid booming consumer demand for goods and supply snarls. While officials still expect quick cost increases to fade, how quickly that will happen is unclear.
Fed officials want to be prepared for any outcome at a time when the economy’s trajectory is marked by grave uncertainty. They are not sure when prices will begin to calm down, to what extent the labor market will recover the millions of jobs still missing after last year’s economic slump, or when they will begin to raise interest rates — which remain at rock-bottom to keep borrowing and spending cheap and easy.
So the central bank’s decision to dial back its other policy tool, large-scale bond purchases that keep money flowing through financial markets, was meant to give the Fed flexibility it might need to react to a shifting situation. Officials on Wednesday laid out a plan to slow their $120 billion in monthly Treasury bond and mortgage-backed security purchases by $15 billion a month starting in November. The purchases can lower long term interest rates and prod investors into investments that would spur growth.
Assuming that pace holds, the bond buying would stop altogether around the time of the central bank’s meeting next June — potentially putting the Fed in a position to lift interest rates by the middle of next year.
John Durham’s “investigation” into the origins of the FBI/DOJ investigation of Trump’s ties to Russia is beginning to look like a real witch hunt. The New York Times: Authorities Arrest Analyst Who Contributed to Steele Dossier.
Federal authorities on Thursday arrested an analyst who in 2016 gathered leads about possible links between Donald J. Trump and Russia for what turned out to be Democratic-funded opposition research, according to people familiar with the matter.
The arrest of the analyst, Igor Danchenko, is part of the special counsel inquiry led by John H. Durham, who was appointed by the Trump administration to scrutinize the Russia investigation for any wrongdoing, the people said.
Mr. Danchenko, was the primary researcher of the so-called Steele dossier, a compendium of rumors and unproven assertions suggesting that Mr. Trump and his 2016 campaign were compromised by and conspiring with Russian intelligence officials in Moscow’s covert operation to help him defeat Hillary Clinton.
The people familiar with the matter spoke on condition of anonymity because the indictment of Mr. Danchenko had yet to be unsealed. A spokesman for Mr. Durham did not respond to a request for comment.
So this information was leaked without any indication of what the basis of the arrest was. What laws did Danchenko break? The last Durham arrest was hinky too.
The charges against Mr. Danchenko follow Mr. Durham’s indictment in September of a cybersecurity lawyer, Michael Sussmann, which accused him of lying to the F.B.I. about who he was working for when he brought concerns about possible Trump-Russia links to the bureau in September 2016.
Mr. Sussmann, who then also worked for Perkins Coie, was relaying concerns developed by data scientists about odd internet logs they said suggested the possibility of a covert communications channel between the Trump Organization and Alfa Bank, a Kremlin-linked financial institution. He has denied lying to the F.B.I. about who he was working for.
Today is the hearing about whether Trump has any right to claim executive privilege over documents related to the January 6 insurrection. CNN: High-stakes hearing Thursday in Trump effort to block release of presidential documents.
The power Donald Trump holds as a former president will be put to the test on Thursday, as a federal judge is set to hear arguments on whether Trump can keep secret records from his White House about his attempt to overturn the 2020 election.
Trump has asked the DC District Court to block the National Archives from giving more than 700 pages of documents to the House Select Committee investigating January 6. He’s claimed the House’s investigation is illegitimate, and that his role as a former President should give him control over reviewing and deciding upon access to the records.
The hearing may be the pivotal moment in a potentially historic legal fight about the authority of a former president, the House’s investigative power and the reach of executive privilege….
In the short term, the case also may have huge implications for the bipartisan House investigation, which is pushing for records and witnesses before the midterm elections take place next year. Without access to the documents, the House could be hampered significantly in its fact-finding.
In court, the House has cast its investigation as one of its most critical tasks in history. “In 2021, for the first time since the Civil War, the Nation did not experience a peaceful transfer of power,” lawyers for the House wrote over the weekend. “A peaceful transfer of power from one President to another is crucial to the continuation of our democratic government. It is difficult to imagine a more critical subject for Congressional investigation, and Mr. Trump’s arguments cannot overcome that pressing legislative need.
This happened yesterday in the trial of the Charlottesville rally organizers. Buzzfeed News: A Renowned Holocaust Historian Testified That Charlottesville Rally Organizers’ Messages Were A “Call To Arms”
Neo-Nazis Christopher Cantwell and Matthew Heimbach on Wednesday seemed almost to forget for a moment that they were in a court of law and defendants in a civil case that could potentially bankrupt them and take down the white nationalist groups with which they’re associated.
“What’s your favorite Holocaust joke?” Cantwell, who is representing himself in court, asked Heimbach, who was called to the stand by the plaintiffs as a witness, during cross-examination….
The strategy behind Cantwell’s line of questioning wasn’t immediately clear, and attorneys for the plaintiffs interjected before any jokes were uttered. But Cantwell, who had previously gone on bizarre courtroom tangents, and Heimbach spent nearly an hour talking about their adoration for Nazi Germany, Adolf Hitler, the dictator’s book Mein Kampf, and their belief that the Holocaust was a hoax.
Hitler, Heimbach testified, “did nothing wrong” in murdering some 6 million Jews.
The exchange between the two neo-Nazis contrasted sharply with the testimony by Deborah Lipstadt, an acclaimed Holocaust scholar and professor of modern Jewish history at Emory University.