Good news too late for Biden? – June’s Consumer Price Index fell to 3.0%, from a 3.4% rate the month before. Month-over-month prices actually fell by 0.1% on the heels of Chairman Jerome Powell’s hints the Federal Reserve may soon ease interest rates. Overall CPI less food and energy was up 3.3%, lowest since April 2021. [CHART: Bureau of Labor Statistics]

Biden His Time – President Biden holds a news conference in Washington Thursday afternoon to wrap up the NATO summit, NPR’s Morning Edition reports. Meanwhile, the future of his re-election bid appear to be at the tipping point, as Peter Welch of Vermont became the first Democratic senator to call for him to withdraw. 

Biden has held the fewest press conferences of any president since Ronald Reagan, according to NPR.

Did I say that out loud?... Actor George Clooney’s warning in his New York Times op-ed that Biden’s cognitive issues also will hand the House and Senate over to Republican control reportedly is shaking up Democratic congressmembers themselves, and Speaker Emerita Nancy Pelosi (D-CA) “hasn’t tried to hide her disdain for the situation the party now finds itself in,” one anonymous lawmaker told Politico Playbook

Meanwhile… Adding to pressure from the Democratic side, the Trump campaign is now looking at a landslide and hope Biden will not drop out, according to Tim Alberta in The Atlantic magazine’s The Decision newsletter. “Donald Trump was well on his way to a 320-electoral vote win before the debate,” campaign co-manager Chris LaCivita told Alberta.

Politico Playbook quotes “about a half-dozen” Democratic lawmakers who say Pelosi told them Biden will not win in November, and aside from her much-parsed statement on MSNBC’s Morning Joe that Biden should make the decision himself, has advised some Democrats in swing districts that they should “secure their own re-elections” even if it means they ask Biden to step aside. 

About time… However, Pelosi’s advice above comes with the warning that they hold off from asking Biden to withdraw from the race until after this week’s NATO summit is finished. 

It’s going to be a long weekend.

--Compiled and edited by Todd Lassa

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AOC: Impeach Thomas, Alito/WEDNESDAY 7/10/24

Rep. Alexandria Ocasio-Cortez (D-NY, above) has filed articles of impeachment against Supreme Court Justices Clarence Thomas and Samuel Alito alleging a "pattern of refusal to recuse from consequential matters before the court in which they hold widely documented financial and personal entanglements" (The Hill).

"Justices Thomas and Alito's repeated failure over decades to disclose that they received millions of dollars in gifts from individuals with business before the court is explicitly against the law. And their refusal to recuse from the specific matters and cases before the court in which their benefactors and spouses are implicated represents nothing less than a constitutional crisis. These failures alone would amount to a deep transgression worthy of standard removal in any lower court, and would disqualify any nominee to the highest court from confirmation in the first place," she said in a press release.

BIDEN AND NATO'S 75TH

Zelenskyy Addresses NATO – Ukrainian President Volodymyr Zelenskyy told the meeting of NATO members gathered in Washington for the alliance’s 75th anniversary that American missiles and permission to fire them across the border into Russia helped his military hold off an attack on the city of Kharkiv, and for thus stopping a Russian offensive this spring, The New York Times reports. But he requested the lifting of other restrictions to allow Ukraine to fire at military bases hundreds of miles inside Russia to destroy aircraft and weapons being dropped on his country’s civilians and children. 

‘Trump-proof’… At Washington’s convention center, policymakers moved control of major elements of aid to Ukraine to NATO’s “umbrella” from the US in order to “Trump-proof” the military alliance (The Washington Post). Whether Joe Biden or Donald J. Trump wins the November election, “Putin will hate him,” Zelenskyy said at the conference (NYT).

Meanwhile, on MSNBC… Appearing on Morning Joe with Belarusian political activist Svetlana Tikhanovskaya, with whom she penned a Washington Post op-ed, House Speaker emeritus Rep. Nancy Pelosi (D-CA) was asked to comment on whether Biden should remain in the presidential race. Pelosi gave the non-answer answer; “It’s up to the president to decide if he’s going to run.” Of course, Biden has decided, and the primary delegates he won are his to give up. 

Pelosi’s WaPo op-ed with Tikhanovskaya is titled, “NATO is a bulwark against tyranny,” subtitle, “Facing down dictators such as Vladimir Putin and (Belarus’) Alexander Lukashenko is what the alliance was built for.”

•••

Hollywood Dissent -- Actor George Clooney, who hosted a star-studded Los Angeles fundraiser for President Biden in June is now asking him to step down from the campaign in a New York Times op-ed.

"I love Joe Biden. As a senator. As a vice president and as a president," Clooney writes. "I consider him a friend, and I believe in him. Believe in his character. Believe in his morals. In the last four years, he's won many of the battles he's faced.

"But the one battle he cannot win is the fight against time. ... It's devastating to say it, but the Joe Biden I was with three weeks ago at the fund-raiser was not the Joe "big F-ing deal" Biden of 2010. He wasn't even the Joe Biden of 2020. He was the same man we all witnessed at the debate."

--TL

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TUESDAY 7/9/24

Biden Bites Back – President Biden has support of his continued re-election campaign by Senate Majority Leader Chuck Schumer (D-NY), House Minority Leader Hakeem Jeffries (D-NY) and Sens. John Fetterman (D-PA) and Alex Padilla (D-CA), The Washington Post reports Tuesday morning. Democratic senators were to discuss Biden’s debate debacle and what to do about his defiance in remaining in the presidential race at their weekly luncheon Tuesday.

Meanwhile, NATO… Tuesday evening in Washington, Biden is to give a commemorative speech at the 75th anniversary of the North Atlantic Treaty Organization, with leaders from its member countries (WaPo).

Meanwhile, Ukraine… “Poorly trained” Russian forces are unlikely to make “significant” territorial gains in a Ukraine that finally has been reinforced with fresh Western munitions, The New York Times reports ahead of NATO’s 75th celebration, citing US officials. 

•••

Neurologist’s Visits – White House visitor logs show Dr. Kevin Cannard, expert on Parkinson’s disease from the Walter Reed National Military Medical Center, visited the White House eight times in eight months up to this spring, The New York Timesreports. At least one of the meetings was with President Biden’s physician. 

After Press Secretary Karine Jean-Pierre “dodged” and refused to reply to questions about the president’s health, White House physician Dr. Kevin O’Connor released a statement at 9:40 p.m. Monday that Biden had not seen a neurologist “outside his annual physical” and suggested most of those eight visits were to others working in the White House.

•••

MAGA in Milwaukee – The Republican National Committee released the 2024 Republican Party Platform Monday from Milwaukee, where the national convention that will formally nominate Donald J. Trump as its presidential candidate begins next week. The document reflecting “20 GOP Principles, Roadmap to Make America Great Again” calls for, number one, to “seal the border, and stop the migrant invasion,” and two, to “carry out the largest deportation operation in American history.”

Number three; “End inflation, and make America affordable again.”

Number four is to “make America the dominant energy producer in the world, by far!”, answering the Democratic argument that the US already is the world’s largest oil exporter … but with OPEC still hanging on, not yet “by far.”

Five, “Stop outsourcing, and turn the United States into a manufacturing superpower.”

Six, “Large tax cuts for workers, no tax on tips!”

Seven, “Defend our Constitution, our bill of rights, and our fundamental freedoms, including freedom of speech, freedom of religion, and the right to keep and bear arms.”

Eight, “Prevent World War Three, restore peace in Europe and in the Middle East, and build a great iron dome missile defense shield over our entire country – all made in America.”

Number nine, almost the halfway point, is to “end the weaponization of government against the American people.”  

Read all 20 planks of the platform here.

The platform’s press release concludes with “When America is united, confident, and committed to our principles, it will never fail,” and “Today and together, with Love for our Country, Faith in People, and Trust in God’s Good Grace, we will Make America Great Again!”

•••

Defund Justice? – The fiscal year 2025 Commerce-Justice-Science spending bill is up for markup Tuesday in the powerful House Appropriations Committee, where Republicans hope to “handcuff” the Department of Justice with riders preventing it from suing states over laws that limit abortion, curtail court challenges to state redistricting plans and block it from bringing lawsuits against local or state governments that limit “transgender medical procedures,” CQ Roll Call reports.

None of this will get far in the Democratic-controlled Senate or the Biden White House, of course, though it would give voters a clear roadmap of what a 2025 Trump White House and GOP-controlled Senate would look like.

--Compiled and edited by Todd Lassa

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COMMENTS: editors@thehustings.news

(CHART: Bureau of Labor Statistics)

(FRI 8/5/22)

528,000 more jobs in July…That’s about twice the number economists had predicted for last month, NPR reports. The Labor Department’s Bureau of Labor Statistics says the unemployment rate dropped by 0.1 points, to 3.5% and marks the return of the unemployment rate and nonfarm employment numbers to pre-pandemic, February 2020 levels. Widespread employment gains came in leisure and hospitality, and professional and business services, and health care, BLS reports. 

•••

China censures Pelosi … The Chinese government has censured House Speaker Nancy Pelosi (D-CA) and her direct family members, over her visit to Taiwan as part of a five-nation diplomatic trip to Asia this week, NPR reports. U.S. Secretary of State Antony Blinken has repeatedly noted Pelosi and her delegation have a right to visit the breakaway island nation and accused Beijing of overreacting, and Pelosi told a Tokyo press conference, “They will not isolate Taiwan by preventing us from traveling there.”

•••

Sinema signs on … The Senate will begin procedural votes today on the $739-billion Schumer-Manchin Inflation Reduction Act, with a Vote-o-Rama of unlimited amendments expected by the middle of next week. Sen. Krysten Sinema’s (D-AZ) crucial vote on the filibuster-proof budget reconciliation (subject to Senate parliamentarian approval) was secured late Thursday when Democratic leaders agreed to tweak the 15% minimum corporate tax by removing accelerated depreciation, according to Politico, and swap out killing the carried interest tax provision in favor of taxing large corporate buybacks, according to our fellow news aggregates at The Recount

Upshot: Sitting in the Catbird seat since Sen. Joe Manchin (D-WV) signed on with Majority Leader Chuck Schumer (D-NY) last week, Sinema could have made these negotiations much worse for her fellow Senate Democrats. But we find the specificity of her demands, particularly restoration of the carried interest tax provision for wealthy hedge fund managers, curious at the very least.

--Todd Lassa

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COMMENTS: editors@thehustings.news

(THU 8/4/22)

After Pelosi’s departure from Taiwan … Five Chinese ballistic missiles that were fired into the seas near Taiwan landed within the Japan’s exclusive economic zone, NPR reports Thursday. China conducted “military exercises” in the waters surrounding Taiwan after House Speaker Nancy Pelosi (D-CA) departed Wednesday from her visit in which she said her delegation was in Taipei to make it “unequivocally clear” the U.S. would not “abandon” Taiwan, the BBC reports. Pelosi met with Taiwan's female president, Tsai Ing-wen.

Meanwhile: “As the outside world debated war risks, Taiwanese tourists flocked to glimpse China’s most provocative military drills in decades,” according to Bloomberg Politics, citing local media reports that ferries to Little Liuqiu Island, less than 6.2 miles from the nearest point to the mainland where the ballistic missiles were expected, were busy.

White House message: While the State Department’s official response to Pelosi’s visit prior to her arrival was that our third-ranking elected official has the right to visit Taiwan, the White House assessed it “not a good idea,” according to the BBC. 

One China policy: There seems almost a casual attitude toward U.S. adherence to Beijing’s intense interest in taking back the nation of 23 million people that broke off after Mao Zedong’s communists captured the Mainland in 1949. But Taipei also has had to watch what the People’s Republic of China has done to self-determination in Hong Kong in recent years despite the agreement that Beijing had with Great Britain to retake that special region in 1999.

Upshot: Democratic and Republican administrations over the decades have quietly and vaguely agreed to the One China Policy despite Taiwan’s democratic values and vibrant free market economy, though Pelosi, who first unfurled a pro-democracy banner in Tiananmen Square, as a young Congress member two years after the PRC’s 1989 massacre there. As has been widely noted, Pelosi’s Taiwan visit this week is the first by a House speaker only since Newt Gingrich in 1997. 

In those 25 years, China’s military has grown much larger and stronger. Only very recently, the U.S. has begun to make moves (see the CHIP Act) to try and reduce our economic dependency on China. Could that lead to closer consideration of the Pelosi doctrine, to never abandon Taiwan?

•••

Car crash kills Rep. Walorski… Rep. Jackie Walorski (R-IN) died in a head-on collision when a vehicle crossed the median into the path of the congresswoman’s SUV in Northern Indiana. The six-term congresswoman’s aides, Zachery Potts, 27, and Emma Thomson, 28, as well as the driver of the other vehicle were also killed (The Hill). 

--Todd Lassa

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COMMENT: editors@thehustings.news