The Fed’s Inspector General Clears Jerome Powell of Wrongdoing in the Trading Scandal, One Day After Five Senators Accuse Him of Hampering the Investigation

By Pam Martens and Russ Martens, July 15, 2022

Yesterday afternoon, Mark Bialek, the Inspector General of the Federal Reserve, released a memorandum clearing Fed Chair Jerome Powell and former Fed Vice Chair Richard Clarida of wrongdoing in the trading scandal that has engulfed multiple officials of the Federal Reserve.

The Fed’s Inspector General Clears Jerome Powell of Wrongdoing in the Trading Scandal, One Day After Five Senators Accuse Him of Hampering the Investigation

Related:

Senators on Senate Banking Committee Accuse Fed Chair Powell of Hampering Trading Scandal Investigation

The New York Times Is Wrong: China Has No Leverage Over Twitter

Everyone has the right to criticize Musk’s purchase of Twitter and the US government can investigate it if they have a legitimate reason to, but none of that has anything to do with China, which should be left out of this controversy.

The New York Times Is Wrong: China Has No Leverage Over Twitter

Propaganda:

Elon Musk’s business ties to China draw scrutiny after Twitter purchase

My commentary: They conveniently omit Musk’s contracts with the US government. Also, I’ve already debunked the Xinjiang issue and the Hong Kong protests weren’t about ‘democracy.’

It’s Wrong For Politicians To Announce Plans To Punish Companies For Speech, No Matter Who Does It

I feel like I keep needing to write this, but once again, no matter who does it and no matter which company they’re targeting, it’s wrong for politicians to promise to punish companies for their speech. For some reason, many people’s position on this point changes based on whether or not they like or dislike the politician, and whether or not they like or dislike the company. But it’s wrong.

It’s wrong when Senators Ted Cruz and Mike Lee go after Major League Baseball for its speech. It’s wrong when Senator Elizabeth Warren threatens Amazon for its speech. It’s wrong when Senator Marsha Blackburn (and a ton of others) threaten Disney for its speech. It’s wrong when White House officials threaten Facebook for its speech. And it’s wrong when Rep. Ken Buck threatens Apple for its speech.

All of this is grandstanding nonsense, but it’s designed to suppress speech. It’s designed to punish companies for speech that these elected officials dislike. And that’s even if the companies have said something stupid or acted in a way that deserves a regulatory response. By positioning any response as retaliation for speech, these politicians are fundamentally going against the 1st Amendment.

It’s Wrong For Politicians To Announce Plans To Punish Companies For Speech, No Matter Who Does It

Lawmakers pave way for $1.2 trillion in new military spending over next 10 years

By Andrew Lautz | Responsible Statecraft | September 2, 2021

Reporters, lobbyists, activists, Biden administration officials and, of course, lawmakers and their staffs spent countless hours and an ocean of ink on the negotiations for and passage of a recent bipartisan infrastructure bill totaling around $1 trillion. Casual observers probably won’t hear as much, though, about two votes — one in the Senate and one in the House — that could pave the way for Congress to spend a whopping $1.2 trillion additional dollars on the military, above current projections, over the next decades. Here’s how.

Lawmakers pave way for $1.2 trillion in new military spending over next 10 years