Showing posts with label Politics. Show all posts
Showing posts with label Politics. Show all posts

Sunday, March 31, 2024

Former US Senator and Vice Presidential Nominee Joe Lieberman Dies at 82

Former US Senator and Democratic Vice Presidential nominee Joe Lieberman died Wednesday at 82. His family said in a statement that his death was caused by complications from a fall.

Lieberman, born on February 24, 1942, to a Jewish family in Stamford, Connecticut, attended Yale University for his undergraduate and law degrees. He was elected to the Connecticut State Senate in 1970 as a Democrat, where he later became majority leader. He became Connecticut attorney general in 1983, and in 1988 he challenged incumbent US Senator Lowell Weicker, a liberal Republican. With the support of fellow Yale alumni William F. Buckley, founder of the National Review, and his brother, former Senator James L. Buckley, Lieberman won the Senate seat.

In 2000, Al Gore chose Lieberman as his running mate. The ticket later narrowly lost to George W. Bush. Lieberman lost the Democratic nomination in his 2006 reelection campaign to future governor Ned Lamont, but won the general as an independent. He continued to caucus with the Democrats to maintain his committee assignments.

He endorsed John McCain for president in 2008 and was considered as a possible VP pick for McCain. Lieberman retired from the Senate in 2012.

 

Biden Ramps Up Campaign as Trump Faces Financial Headwinds

The Biden campaign raised around $26 million from a New York City fundraiser last week attended by celebrities and two of the three former Democratic presidents. This adds to the president’s and the Democrats’ large fundraising advantage over Donald Trump and the Republicans.

The fundraiser consisted of musical performances by Queen Latifah and Lizzo, along with a panel discussion with Biden, Barack Obama, and Bill Clinton and hosted by comedian Stephen Colbert.

Biden’s team has tapped into their funds for a $30 million ad blitz in the swing states, where he largely trails Trump. Biden has closed some of the gap with Trump in these states, but he still trails Trump in the RealClearPolitics polling aggregate, both in the swing states and nationally.

Trump, facing financial setbacks as a result of his legal troubles, may have gotten a needed boost when his social media company, Truth Social, went public last week under the ticker DJT. The long-awaited listing allowed the company to reach a market capitalization of over $8 billion. Trump’s 58% stake in the company gives the former president $5.2 billion, in addition to his existing wealth from real estate and other investments.

However, a large selloff of his holdings may cause the stock price of Trump Media & Technology Group to fall, reducing the liquid wealth from which he can draw. Trump also faces a lock up period in which he cannot sell his shares for six months. He may, however, obtain a waiver from this restriction or borrow money against his holdings.

 

Thursday, February 29, 2024

Haley Vows to Stay in Until Super Tuesday

While former South Carolina Governor Nikki Haley has failed to win any states so far in her quest for the Republican nomination, she has vowed to remain in the primary race until Super Tuesday. Former President Donald Trump has finished first in all states that have voted so far, including Haley’s home state of South Carolina.

Haley is the last major candidate still challenging Trump for the nomination, with all other major GOP challengers dropping out prior to the Iowa caucuses or shortly after. A longshot contender, Texas pastor and businessman Ryan Binkley, dropped out of the race this week and endorsed Trump.

Trump leads Nikki Haley in the RealClearPolitics average of polls 78.7% to 14.5%. So far, Haley has performed much better in each state that has voted than 14.5%, though in Michigan, the latest state to hold its primary, she failed to break 30% of the vote.

Trump’s campaign has appeared to transition to general election campaigning, with Trump choosing not to mention Haley in his victory speech after the South Carolina primary.

 

Wednesday, January 31, 2024

Trump Looks Likely to Take GOP Nod, Haley Vows to Stay In

Coming off two straight victories in Iowa and New Hampshire, former President Donald Trump has moved closer to becoming the Republican nominee in November. While still early in the contest, Trump only faces one major competitor for the race, former South Carolina Governor Nikki Haley, over whom he holds a nearly 55-point lead nationwide, according to the RealClearPolitics average of polls.

Even with this large polling advantage, Haley has vowed to remain in the race, putting her hope in a strong showing in her home state of South Carolina, which votes next month. While it is Haley’s home state, Trump currently has a 30-point polling lead over Haley in the South Carolina.

Trump recently rebuffed an effort by some Republican National Committee (RNC) members to declare Trump the presumptive nominee. Trump wrote on his Truth Social page, “While I greatly appreciate the [RNC] wanting to make me their PRESUMPTIVE NOMINEE...I feel...that they should NOT go forward with this plan...and finish the process off AT THE BALLOT BOX.”

 

Sunday, December 31, 2023

In Memoriam: Those Lost in the Final Weeks of 2023

Charlie Munger (1924-2023)

Chares “Charlie” Munger, the longtime vice president of Berkshire Hathaway and right-hand man to fellow investing legend Warren Buffett, died on November 28, just weeks shy of his 100th birthday. Born on January 1, 1924, in Omaha, Nebraska, he served as a weather forecaster in World War II. After the war, he received his law degree from Harvard, even though he never completed his undergraduate degree. He became a successful corporate lawyer before pivoting to becoming a businessman himself.

He met Buffett in 1959 at a dinner, becoming inseparable business partners and friends. Together, they grew Berkshire Hathaway, once a struggling textile manufacturer, into an corporate juggernaut, investing in myriad companies and posting outsized returns for decades.


Henry Kissinger (1923-2023)

Henry Kissinger, one of the central figures in 20th century American diplomacy, died November 29 at 100. Kissinger, who was born in Germany, came to the US in 1938, his family fleeing Nazi rule. His accounting studies interrupted by World War II, Kissinger served in the army. He later studied political science at Harvard, eventually earning his Ph.D. He became a noted foreign policy expert by the time Richard Nixon appointed him as National Security Adviser in 1969 and later as Secretary of State in 1973.

His diplomatic contributions include establishing relations with communist China and negotiating a peace with the North Vietnamese. His controversial actions include advocating for bombing Cambodia, support for Argentina’s military during the Dirty War, and support for the coup which led to Augusto Pinochet’s dictatorship in Chile.

Kissinger remained an influential voice on diplomacy in the decades after his public service, most recently making a surprise visit this year to China to speak with leader Xi Jinping amid growing tensions between the US and China.

 

Sandra Day O’Connor (1930-2023)

Sandra Day O’Connor, the first woman appointed to the United States Supreme Court, died December 1 at 93 following a five-year battle with Alzheimer’s, the same disease that afflicted her late husband, who died in 2009.

O’Connor, born in El Paso, Texas, in 1930, graduated from Stanford Law School, but found difficulty finding work following graduation. She eventually found work with the San Mateo County DA’s office and started her involvement in Republican politics. She and her husband later moved to Arizona, where she ran for state senate, rising up to majority leader. After her stint in the legislature, she became a judge.

In 1981, President Ronald Reagan appointed her as the first female Supreme Court, fulfilling a campaign promise. O’Connor became known as a conservative-leaning moderate, retiring in 2006. In retirement, she launched a project to teach kids about civics.


Norman Lear (1922-2023)

Norman Lear, television pioneer and political activist, died December 5 at 101. Lear was a prolific creator of television shows, with some of his best known including ‘All in the Family,’ ‘The Jeffersons,’ and ‘Good Times,’ often including commentary on social issues.

Lear was also noted for his activism, most notably founding the progressive advocacy group People for the American Way.

 

Saturday, November 25, 2023

Former First Lady Rosalynn Carter Dies at 96


Former First Lady Rosalynn Carter died last Sunday at her Plains, Georgia, home at 96. She was the second oldest first lady ever, after Bess Truman, and her marriage to her husband former President Jimmy Carter was the longest presidential marriage in US history at 77 years.

Carter was born in Plains, Georgia, on August 18, 1927. She started dating her future husband Jimmy in 1945, and they married in 1946. They would have four children together.

Carter became first lady of Georgia in 1971 and first lady of the US in 1977. She took an active role her husband's administration, acting as an adviser and attending cabinet meetings. She was a fierce advocate for mental health reform, both as first lady and during her husband’s post-presidency.

 

Tuesday, October 31, 2023

Louisiana Congressman Mike Johnson Elected Speaker

Louisiana Congressman Mike Johnson was elected speaker of the US House of Representatives on October 25, capping over three weeks of political drama which left the House paralyzed following the ouster of Speaker Kevin McCarthy, the first in US history.

Johnson, a staunch conservative, managed to attract unanimous support among his Republican colleagues on the House floor after winning the nomination from House Republicans. His victory followed three GOP nominees failing to win enough Republican support to win in a vote from the full House. Of the three, only Jim Jordan’s (R-OH) nomination received a vote on the floor, in which he lost three votes amid staunch opposition from GOP moderates.

 

Saturday, September 30, 2023

Dianne Feinstein, Longest Serving Female Senator, Dies at 90

US Senator Dianne Feinstein (D-CA), the longest serving female US senator in history, died Friday at 90. Feinstein, who had announced that she would not run for reelection in 2024, had been facing health issues the past few years, including shingles, encephalitis, Ramsay Hunt syndrome (causing face paralysis and other sensory issues), and possible dementia. 

Feinstein, born in 1933, started her political career on the San Francisco Board of Supervisors in 1970. She became president of the board in 1978, which allowed her to become acting mayor after the assassinations of Mayor George Moscone and Supervisor Harvey Milk. Feinstein won election as mayor in 1979, where she served until 1988.

Feinstein ran for California governor in 1990, losing to Republican candidate, US Senator Pete Wilson. Feinstein made a political comeback in 1992, winning Wilson’s Senate seat in a special election in a year that saw six other women elected to or currently serving in the Senate (often termed ‘The Year of the Woman.’)

Her death leaves the Senate with a 50-49 Democratic majority. Until a replacement is named, only one Democratic senator needs to vote against his or her party to block legislation. California Governor Gavin Newsom, a Democrat, has vowed to appoint a black woman to replace Feinstein in the Senate. While one black woman, Bay Area Congresswoman Barbara Lee (D) is already running for the seat, Newsom has said he will not appoint anyone currently in the race for the seat, which he says will create an unfair advantage against the other candidates, which include Democratic House representatives Katie Porter and Adam Schiff.

 

Congress Struggles to Avoid Shutdown

The federal government is nearing another shutdown of non-essential operations, which would make it the fourth such occurrence since September 2013. Congressional leaders have so far failed to arrive at a spending agreement, with House Republican leadership unable to pass their own proposal as a group of conservative lawmakers have voted with Democrats to stop any GOP proposal from advancing.

The GOP proposal would fund the government for thirty days as both parties work to reach a more long-term solution. However, the group of breakaway Republicans has criticized any funding proposal that does not meet their demands for deep spending cuts and other conservative priorities. The small GOP majority in the House (221-212) gives this group near veto power absent GOP leadership relying on Democratic votes to pass their plan.

One of these lawmakers, Representative Matt Gaetz (R-FL), has given no indication of backing down, saying, “I’m doing everything in my power to stop the uniparty…The battle is on.” The ‘uniparty’ is a term some use to describe the establishment of both the Democratic and Republican parties.

 

Thursday, August 31, 2023

Trump Enters Not Guilty Plea in Fulton County, GA Case

Former President Donald Trump entered a not guilty plea to 13 state felony counts, including racketeering, Thursday. Trump did not appear in court in person in Atlanta, Georgia, where the charges were filed, but rather filed a written plea which also waived a formal arraignment. Trump surrendered last week to the Fulton County Sheriff’s Office, where he was booked and had his mugshot taken. Trump is one of 19 defendants to be charged by Fulton County District Attorney Fani Willis’s office. 

Fani Willis, a Democrat, launched an investigation into Trump and his allies in February 2021 after Trump’s team challenged the results of the 2020 election and in the aftermath. Willis believes Trump and his co-defendants broke the law by their actions challenging the results.

 

Monday, July 31, 2023

Incandescent Lightbulb Ban Takes Effect in August

The Biden administration’s new ban on the sale of most incandescent light bulbs takes effect August 1, capping a nearly sixteen year long effort to phaseout the lighting from most consumer use. The Trump administration had delayed implementation of the rule, with the Biden administration reinstating it.

People can still own incandescent bulbs, but retailers can no longer sell them after August 1.

The market has long been shifting toward more energy efficient LED lighting, which uses a fraction of the power that traditional incandescent bulbs use. LED lighting also does not contain any toxic elements like fluorescent lighting does.

LED lighting does have its limitations: They are more difficult to dim than incandescent lights, and the spectrum of light they emit is different from incandescent light, requiring adjustments to emulate the light of incandescent bulbs.

Praise for the new rule focuses on the expected environmental benefits from using less energy. Criticism has focused on perceived government overreach and that consumers can no longer choose incandescent lighting even if they prefer it.

 

2024 Contest Marked by Trump Legal Troubles, Biden Investigations

The two likely general election opponents in the 2024 presidential race are both dealing with their own legal issues. Former President Donald Trump’s are more pressing given his three state and federal indictments, but President Biden faces increased scrutiny over alleged involvement in his son Hunter’s business dealings, with calls for impeachment growing among congressional Republicans.

Trump was indicted for the third time this month; in a superseding indictment, he is now alleged to have obstructed justice by scheming to erase video surveillance at Mar-a-Lago in an attempt to cover up his retention of classified material. Trump has denied the charges.

Trump is also expected to face another federal indictment over his actions in challenging the results of the 2020 election and the Capitol riot on January 6, 2021. He may also face a state indictment in Georgia over his actions to overturn Biden’s victory in the state in 2020.

Meanwhile, President Joe Biden and Hunter Biden remain the subjects of House GOP inquiries. Biden has long denied any knowledge of his son’s business dealings, which have been linked to previous money laundering, tax evasion, and foreign lobbying investigations, which have led to misdemeanor failure to pay tax charges (Hunter Biden has pleaded not guilty to those charges after a recent plea deal was effectively rejected during a recent hearing).

Republicans have so far failed to tie Joe Biden directly to Hunter’s business activities, though an FBI document reporting a source’s claim that Joe Biden was bribed by Ukrainian company Burisma has been uncovered. To date, no evidence to confirm that claim has been found.

 

Monday, May 29, 2023

Biden, McCarthy Reach Debt Ceiling Deal

President Joe Biden and House Speaker Kevin McCarthy reached a deal this past weekend to the raise the debt ceiling by $4 trillion, which would avoid a default on certain federal government obligations, something projected to occur by June 5. The deal caps weeks of negotiation, with Republicans seeking to cap spending levels and roll back increased IRS funding and Democrats seeking to preserve their many of the programs passed in the last congress, most notably certain green energy subsidies.

The debt ceiling deal caps 2024 and 2025 discretionary spending levels based upon 2023 levels, with a 1% increase allowed for 2025. Republicans win’s also included imposing new work requirements on childless, able-bodied Supplemental Nutrition Assistance Program (SNAP) recipients, as well as also adjust the formula states use to calculate aid as part of the Temporary Assistance for Needy Families (TANF) program.

The deal also will cut $1.9 billion in additional IRS appropriation this year, and a further $20 billion is now set to be reallocated in 2024 and 2025. Democrats, who passed an additional $80 billion in IRS funding as part of the Inflation Reduction Act (IRA) in 2022, claim the additional funding passed last year will lead to a net revenue gain by auditing primarily high earners. Republicans in contrast say the additional funding will primarily increase audits on lower- and middle-earners.

The deal will also force the Biden Administration to resume collecting student loan repayments this summer. It does not prevent Biden’s proposal to cancel $10,000 in student loan debt, which is currently in litigation before the Supreme Court.

 

Turkish President Erdogan Wins New Term

Turkish President Recep Tayyip Erdogan won reelection as president of Turkey Saturday, defeating his rival Kemal Kilicdaroglu 52% to 48% in a runoff. Erdogan’s victory in the election preserves his 20-year rule as Turkey’s head of government, beginning his third decade in power.

Erdogan’s Justice and Development Party (AKP) also retained its control in the Turkish Parliament, winning a coalition majority with its partner Nationalist Movement Party (MHP) in the May 14 elections. Erdogan himself narrowly fell short of a majority in that election, leading to Sunday’s runoff.

Erdogan, who has strong support from the country’s working class and rural areas, has been a populist force in his two-decade tenure leading the country, often appealing to nationalist and economically populist policies and rhetoric to maintain support. In his victory speech to supporters, he made allusions to Monday’s 570th anniversary of the Ottoman conquest of Constantinople (modern day Istanbul), a pivotal date in Turkey’s history.

Former US Secretary of State Henry Kissinger Turns 100

Former US Secretary of State and National Security Advisor Henry Kissinger celebrated his 100th birthday Saturday. Kissinger, who served in the Nixon and Ford administrations, is most noted for negotiating a ceasefire in the Vietnam War and engineering the US opening of relations with communist China. After his service, he became a widely sought-after voice on foreign affairs.

Kissinger’s legacy has also been marked with controversy, including his role in the US bombing of Cambodia, support for the Argentinian military junta during the ‘Dirty War’, and support for Augusto Pinochet’s 1973 coup in Chile.

Sunday, April 30, 2023

House Passes Debt Ceiling Bill

The House passed the Republican debt ceiling package Wednesday on a near party line vote, with four GOP defections and all Democrats voting against. The bill would raise the debt ceiling by $1.5 billion while reducing discretionary spending by 9%.

President Biden and Senate Democrats have said the bill is dead on arrival. House Speaker Kevin McCarthy hopes the bill will bring Biden and Senate leadership to start negotiations. Biden ally Sen. Chris Coons (D-DE) has called Republican attempts to use the debt ceiling limit to force spending cuts as ‘hostage negotiations’ and has called for such discussions to be part of regular appropriations talks. 

 

Biden Announces Reelection Campaign

President Joe Biden’s campaign released an announcement video this past week that formally announced his reelection bid in 2024, a move widely expected. Biden enters the race the overwhelming favorite to win the Democratic nomination, with his two announced opponents, self-help author Marianne Williamson and environmental and anti-vaccine activist Robert F. Kennedy, Jr. polling in the high single digits to low double digits. 

The Republican field, while becoming more crowded, remains  overshadowed by former President Donald Trump’s campaign, and to a lesser extent, the unannounced campaign of Florida Governor Ron DeSantis. Trump has retained a strong consistent lead over DeSantis throughout the past few months, experiencing a bump following his indictment by Manhattan District Attorney Alvin Bragg for business falsification charges related to the 2016 hush money payment to pornographic actress Stephanie Clifford (aka Stormy Daniels). DeSantis has a consistent second-place lead, and the only other candidate, unannounced or otherwise, consistently polling in double digits.

Other Republican candidates include former South Carolina Governor and UN Ambassador Nikki Haley, who is running a campaign appealing to her gender and traditional Republican politics, former Arkansas Governor Asa Hutchinson, who has criticized Trump’s influence over the GOP, former California gubernatorial candidate and radio host Larry Elder, and technology entrepreneur and political activist Vivek Ramaswamy. South Carolina Senator Tim Scott has formed an exploratory committee and is expected to announce a run in the near future.

 

Friday, March 31, 2023

Former President Donald Trump Indicted by Manhattan Grand Jury

Former US President Donald Trump was indicted by a Manhattan grand jury Thursday. Trump is the first president, former or current, to be indicted on a felony charge.

The indictment stems from an October 2016 payment from Michael Cohen, Trump’s then personal lawyer, to pornographic actress Stephanie Clifford, better known by her stage name Stormy Daniels, to cover up a 2006 affair between her and Trump. Cohen, who was reimbursed by Trump for the payment, was later convicted for violating campaign finance law for making the payment without it being disclosed as a campaign expenditure. The conviction was part of a larger criminal investigation in which Cohen pleaded guilty to multiple charges of fraud and tax evasion related to his businesses.

The indictment comes amid other probes into Trump’s conduct during his presidency and his post-presidency. He is under investigation by state authorities in Georgia over his alleged attempts to improperly influence election officials in the 2020 election. He also is facing a federal investigation into his handling of classified documents after he left the presidency as well as potential obstruction. Attorney General Merrick Garland appointed special counsel Jack Smith to investigate in the federal case.

Trump is expected to surrender to police on Tuesday next week, where he will be fingerprinted and have his mugshot taken.

One of Trump’s lawyers, Joe Tacopina, is making television appearances defending his client from the alleged charges, also saying that Trump will not take a plea deal in the case.

Republicans have vocally criticized the indictment, accusing Manhattan District Attorney Alvin Bragg (D) of political animus. Some congressional Republicans have said they will call on Bragg to testify before Congress regarding the prosecution. Bragg has denied any political motivation for the prosecution. 

Bragg himself is a controversial figure. Elected in 2021, Bragg ran on a progressive platform, promising a less punitive approach to criminal justice focused on rehabilitation rather than punishment. Critics argue his policies are in part responsible for an increase in crime in New York City.

 

Tuesday, February 28, 2023

East Palestine, OH Residents Grapple With Toxic Fallout

Nearly a month after a Norfolk Southern freight train derailed near the village of East Palestine, Ohio, local residents are still contending with the fallout of the toxic chemicals that were spilled in the initial derailment, as well as those burned in an attempt to clean the area.

After the initial derailment on February 3, officials began evacuations within a 1-mile radius. Three days later on February 6, the vinyl chloride, a toxic, carcinogenic chemical used in the manufacture of PVC, was burned to prevent possible explosions. The evacuation order was lifted on February 9 after Environmental Protection Agency (EPA) officials reported that the area was safe. However, local residents have reported health issues since that time, and numerous animal deaths have been documented, including thousands of fish and frogs.

Officials hosted a town hall for residents to ask questions. Representatives from Norfolk Southern were set to appear at the event, but the company pulled out at the last minute, citing what they perceived as safety issues.

Grocery chain Giant Eagle has pulled its branded water, which is bottled 25 miles away from the derailment site. Some high school teams have also forfeited games rather than play in the affected region, concerned about possible health effects from the released chemicals.

Some have criticized the state and federal response to the derailment and chemical contamination. While FEMA sent an assistance team, because there was technically no property damage to the residents of the area, it did not qualify as a “major disaster.”

 

Tuesday, January 31, 2023

Mishandled Classified Documents Scandal Plague Biden, Trump, Pence

The Biden White House continues to work to limit the political and legal fallout from classified documents dating from his time as vice president found at the Penn Biden Center as well as his personal residence.

Biden’s lawyers first alerted the National Archives and Records Administration (NARA) on November 2, 2022, of classified documents found at the Penn Biden Center. NARA alerted the Department of Justice (DOJ), which began investigating the handling of the documents. CBS News reported on January 31 that the FBI searched the Penn Biden center in mid-November 2022, something the White House has not yet revealed.

On January 9, the White House revealed the released information about the document situation while trying to draw differences between Biden’s case and former President Donald Trump’s handling of classified documents after his presidency. Trump’s Florida residence Mar-a-Lago was raided by the FBI on August 8, 2022, and Attorney General Merrick Garland appointed a special counsel into Trump’s case on November 18.

Garland would do the same in Biden’s case on January 12.

More documents were reported found in Biden’s Wilmington, Delaware residence on January 11. The FBI later conducted a voluntary search of his residence, finding additional documents.

On January 24, NARA revealed that former Vice President Mike Pence also retained classified documents at his Indiana home, leading to speculation that such mishandling of documents may be widespread among high-ranking government officials.