Friday, November 06, 2020
The Good News Is That Biden Is Screwed, Even if He Wins
Hanging on to the Senate was brilliant
My gut says that Donald Trump will snatch victory from the jaws of the pollsters. A great deal hangs on Pennsylvania, where Trump now leads by 600,000 but where 1.7 million mail-in ballots remain to be counted. There’s a 2:1 ratio of registered Democrats to registered Republicans among mail-in voters, and the pundits are saying that this will cancel out Trump’s lead. What they don’t consider is that a lot of registered Democrats in Pennsylvania will vote for Trump. Of course, getting the ballots counted fairly is a non-trivial problem.
Politico.com’s headline this morning reads, “Biden looks screwed even if he wins.” The Republicans kept a Senate majority and reduced the Democratic majority in the House. If Biden squeaks by, he will have no popular mandate, no Senate, and no help from the Supreme Court. He won’t be able to pass tax increases, big changes in health care, or his Green New Deal boondoggles. He will have the same headaches confirming his favorite nominees as Trump did, and worse, as a Republican Senate casts a jaundiced eye at Biden’s supporting cast.
The good news is that the election stymied the Democratic Party’s plan for radical transformation of the United States into an Orwellian state enforcing political correctness, and turning the federal budget into a pinata for Democratic constituencies. That’s the genius of the American political system. To make big changes you need either a big majority or a small majority for a very long time, and the Democrats have neither.
Of course, a Biden administration would have the freedom to undo some of President Trump’s accomplishments in foreign policy, for example, returning to the repugant Obama policy of coddling Iran.
If Trump wins — as I hope and expect — the White House will still have freedom of action in foreign policy, as well as the ability to go after Big Tech. He will also have time to drain the swamp in the Intelligence Community. Trump will not forget that Twitter and Facebook suppressed the New York Post’s revelations about the Hunter Biden emails on the recommendation of a gaggle of retired spooks.
As Glenn Greenwald, a left-leaning investigative journalist, told Tucker Carlson last week:
The real story of the last four years of the Trump administration is that for a long time on the Left there was a healthy skepticism of the CIA,. That is all disappeared. And the reason it has disappeared is that the CIA from the very first days of the Trump administration, even before he was inaugurated, devoted themselves to sabotaging his administration because he questioned a few of their pieties.
That can’t be done in Washington. Whoever does that must be destroyed. And so the CIA and Deep State operatives became heroes of the liberal Left…They are now in a full union with the neo-cons, the Bush-Cheney operatives, the CIA, Silicon Valley and Wall Street.
Fifty former top intelligence officials published a manifesto on October 19 to denounce the Biden emails as a “Russian information operation.” They said: “We write to say that the arrival on the US political scene of emails purportedly belonging to Vice President Biden’s son Hunter, much of it related to his time serving on the Board of the Ukrainian company Burisma, has all the classic earmarks of a Russian information operation.”
The mainstream media spiked the political story of the year at the diktat of the spook establishment — perhaps the scariest thing that ever has happened in American political history. If the Deep State can do this sort of damage when it is out of power, I shudder to think what they will do if and when Biden brings them back into power.
That’s why the White House is critical. It’s the Deep State vs. the American republic. But even if Biden squeaks through, the Republican Senate and the Supreme Court provide constitutional bulwarks against the Democratic cabal. We will live to fight another day and win another presidential election.
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Wall Street jumps higher as Congress gridlock looms
US stocks surged to close higher on Wednesday (US time) as the presidential election race remained cloudy but the likelihood of gridlock in Congress made investors optimistic that major policy changes would be difficult to enact.
Both President Donald Trump and Democratic nominee Joe Biden still had paths to reach the 270 Electoral College votes needed to win as states kept counting mail-in ballots. Biden held a narrow lead in Wisconsin while Trump's campaign said it had filed a lawsuit to try and halt vote counting in that state.
A surprise win by Republican Senator Susan Collins in Maine dimmed hopes by Democrats that they could get control of the US Senate.
The S&P 500 finished 2.2 per cent higher while the Dow Jones Industrial Average added 1.3 per cent higher and the tech-heavy Nasdaq jumped by 3.9 per cent. The ASX is set for gains, with futures at 7.59am AEDT pointing to a gain of 9 points, or 0.2 per cent, at the open.
Growth stocks, currently comprised of a large portion of names in areas such as tech, surged 4.3 per cent as investors expected them to keep outperforming value stocks as they have in recent months. Value names, which closed flat, are currently comprised of mostly cyclical stocks such as banks and energy.
"Even if Joe Biden wins the Presidency, it looks like we are going to have a divided congress so the opportunity to have meaningful change at the fiscal level is pretty slim, and that is what is being priced into the back end of the market today," said David Joy, chief market strategist at Ameriprise Financial in Boston.
"If we are going to have a similar type of economic environment as we’ve had, then we are going back to an emphasis on trying to find earnings in a relatively scarce earnings environment, back to the same winners as before."
Still, investors said they favour a definitive, swift resolution of the presidential race that would clear the way for a deal on a stimulus package to revive the economy.
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Trump Campaign Manager on Why He's Still Confident in Re-election
President Trump's re-election campaign manager Bill Stepien is confident that 45 will be reelected. But that only happens, he explained on a Wednesday morning phone call with reporters, if there are no shenanigans. In his speech earlier this morning, Trump pledged to go to the Supreme Court if need be to stop states from counting suspicious ballots.
"The Democrats are pushing to count late ballots," he said. "Why? They know and we know that if we count all legal ballots, we win."
"We are confident in our pathway...we project confidence because of the math that we believe is in front of us," Stepien said. He laid out that pathway to victory in a handful of battlegrounds still counting ballots.
In Pennsylvania and Arizona especially, Stepien says the math adds up. "When we count the remaining ballots in a legal fashion, apply realistic and conservative estimates to those remaining ballots, the president can win, the president will win."
Of course, the Biden campaign says that their math shows that the Democratic nominee has the same states in the bag.
“I want to share with all of you that Joe Biden is on track to win this election and he will be the next president of the United States,” Biden campaign manager Jen O’Malley Dillon told the press.
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Liberal Law Professor Shreds Dems' Calls for Barrett to Recuse Herself From Election-Related Cases
George Washington University Law Professor Jonathan Turley slammed Democrats' assertion that Supreme Court Justice Amy Coney Barrett should have to abstain from any cases related to the 2020 presidential election. According to Turley, there's no reason for Barrett not to participate simply because she was confirmed before an election.
"Jonathan, so that brings us to the fact that Justice now Amy Coney Barrett is in this position in this Court that is now nine, filling the spot of deceased Ruth Bader Ginsburg and Democrats, during that hearing, were saying, 'You have to recuse yourself if an election case comes to the Supreme Court after November 3rd.' I assume we're going to hear that more," Fox News' Bret Baier said.
"It will and it's utterly ridiculous and it's also incredibly insulting. There's no reason under the usual interpretation of the standard for recusal for Justice Barrett to withdraw from this case," Turley explained. "She doesn't have an interest in this case. She doesn't have a financial interest in this case. She didn't work on underlying litigation or cases related to any appeal. None of those conditions exist."
"I know of no case in history where a justice would recuse herself simply because she was nominated shortly before an election and some people, as you heard, as a judicial shill," he said.
Turley made the statement shortly before President Donald Trump addressed supporters around 2 a.m. Wednesday morning. The president made clear that he plans to litigate mail-in ballots in some of the key swing states.
As of now, results from battleground states like Pennsylvania and Michigan might not be decided until the end of the week.
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USPS Whistleblower in Michigan Claims Higher-Ups Were Engaging in Voter Fraud
According to James O'Keefe, the Office of the Inspector General for the USPS is investigating.
A United States Postal Service worker on Wednesday told Project Veritas that a supervisor named Johnathan Clarke in Traverse City, Michigan – one of the big swing states this election cycle – potentially engaged in voter fraud.
"We were issued a directive this morning to collect any ballots we find in mailboxes, collection boxes, just outgoing mail in general, separate them at the end of the day so that they could hand stamp them with the previous day's date," the whistleblower stated. "Today is November 4th for clarification."
Michigan Courts ruled that ballots had to be received by the election clerk before the polls on Election Day, which would mean 8 p.m. eastern time on Tuesday, Nov. 3.
According to the whistleblower, the ballots are in "express bags" so they could be sent to the USPS distribution center.
"In regards to a hamper, there's a standard hamper that all letter mail is supposed to go to and they had a tub next to it that we were supposed to put any ballots collected today into," the carrier stated.
The postal worker said they decided to come forward because things appeared "sketchy" and they didn't like the corruption, even though he or she is afraid of potential retaliation. The person said they want other postal workers who see similar things to come forward.
"How are we supposed to have any integrity in this county if we are just going to let things slide based on a scaling issue?" the whistleblower asked rhetorically.
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IN BRIEF
It's Hazy, Man. Marijuana legalization measures pass in at least four states — NJ, AZ, SD, and MS (ABC News)
DC votes to decriminalize hallucinogenic mushrooms by wide margin (The Hill)
Oregon decriminalizes possession of hard drugs (Washington Post)
GOP Rep. Greg Gianforte wins Montana governor's race, ending 16-year Democrat streak (The Hill)
California passes Prop 22 in a major victory for Uber and Lyft (The Guardian)
Utah voted to make hunting and fishing a constitutional right (USA Today)
Trevor Noah provokes outrage by posting a video of Florida being obliterated by the Death Star (Daily Mail)
Policy: Tech hangovers: Unresolved challenges for the next administration (AEI)
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http://snorphty.blogspot.com (TONGUE-TIED)
http://edwatch.blogspot.com (EDUCATION WATCH)
http://antigreen.blogspot.com (GREENIE WATCH)
http://pcwatch.blogspot.com (POLITICAL CORRECTNESS WATCH)
http://australian-politics.blogspot.com/ (AUSTRALIAN POLITICS)
http://awesternheart.blogspot.com.au/ (THE PSYCHOLOGIST)
https://heofen.blogspot.com/ (MY OTHER BLOGS)
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