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Ann Romney: 4 Years Ago, When Markets Collapsed, Women Were Less Focused On The Economy

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Ann Romney claims that four years ago women were less concerned about the economy than they are today, despite the fact that the worldwide financial collapse took place exactly four years and one month ago this week.

“It’s heart-breaking, what women are talking to me about now. Four years ago, there were a lot of other issues on the table. This year, it’s nearly 90 — I would say, 95% of what I hear from women, is, ‘help. Please, help’,” Mrs. Romney said to Barbara Walters this morning on ABC’s “The View.”

WATCH: Ann Romney Likens Mitt Serving As A Mormon Missionary To Serving In The Military

“Economic help?” Barbara Walters asks. “Absolutely,” Ann Romney responds.

Four years and one month ago this very week, the markets here, under President George W. Bush, and internationally, collapsed.

“On Sunday, September 14, it was announced that Lehman Brothers would file for bankruptcy after the Federal Reserve Bank declined to participate in creating a financial support facility for Lehman Brothers,” Wikipedia notes:

Beginning with bankruptcy of Lehman Brothers on September 14, 2008, the financial crisis entered an acute phase marked by failures of prominent American and European banks and efforts by the American and European governments to rescue distressed financial institutions, in the United States by passage of the Emergency Economic Stabilization Act of 2008 and in European countries by infusion of capital into major banks. Afterwards, Iceland almost claimed to go bankrupt as the country’s three largest banks, and in effect financial system, collapsed.

…

On September 16, the Reserve Primary Fund, a large money market mutual fund, lowered its share price below $1 because of exposure to Lehman debt securities. This resulted in demands from investors to return their funds as the financial crisis mounted. By the morning of September 18, money market sell orders from institutional investors totalled $0.5 trillion, out of a total market capitalization of $4 trillion, but a $105 billion liquidity injection from the Federal Reserve averted an immediate collapse. On September 19 the U.S. Treasury offered temporary insurance (akin to Federal Deposit Insurance Corporation insurance of bank accounts) to money market funds. Toward the end of the week, short selling of financial stocks was suspended by the Financial Services Authority in the United Kingdom and by the Securities and Exchange Commission in the United States.

But Ann Romney believes that four years ago, “there were a lot of other issues on the table.”

She’s not only wrong, she’s so wrong, and lives were lost. People committed suicide because their financial losses were so bad.

Here’s what the DOW looked liked four years ago:

Ann Romney is either lying — or just ignorant, or she thinks women are. Any of these choices are dangerous.

Forward to the 1:37 mark for the relevant comments:

https://youtube.com/watch?v=IuxjWiOpLAc%3Fversion%3D3%26hl%3Den_US

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Lindsey Graham Admonished by Senate Ethics Committee

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March 23, 2023

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U.S. Senator Lindsey Graham (R-SC) has been formally admonished by the Senate Ethics Committee for violating ethics rules and standards by repeatedly soliciting campaign donations during an interview at the Capitol.

The bipartisan committee issued Graham a Public Letter of Admonition after the South Carolina Republican solicited donations for Georgia GOP Senate nominee Herschel Walker.

“Based upon all available information, the Committee concluded that on November 30, 2022, you conducted a media interview with Fox News in the rotunda of the Russell Senate Office Building and that your interview was slightly over nine minutes, with over four minutes devoted to a discussion of the 2022 senatorial run-off election in Georgia. The Committee further concluded that during your discussion of the senatorial run-off election, you directly solicited campaign contributions on behalf of Mr. Walker’s campaign committee, www.teamherschel.com, five separate times.”

The letter notes that Sen. Graham had previously violated the same standards when he solicited campaign donations in a federal building in October of 2020, but said it was an “unplanned media interview.” When a reporter had asked him about fundraising, Graham “directly solicited campaign contributions” for his re-election campaign.

READ MORE: Watch: GOP Lawmaker Orders Grieving Parkland Parents Removed From ‘ATF Overreach’ Hearing

The Committee noted “mitigating” circumstances and did not cite him for that violation.

“The public must feel confident that Members use public resources only for official actions in the best interests of the United States, not for partisan political activity,” the letter concludes. “Your actions failed to uphold that standard, resulting in harm to the public trust and confidence in the United States Senate. You are hereby admonished.”

CNN’s Manu Raju posted the letter to social media.

You can read the letter below or at this link.

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RIGHT WING EXTREMISM

Watch: GOP Lawmaker Orders Grieving Parkland Parents Removed From ‘ATF Overreach’ Hearing

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March 23, 2023

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U.S. Rep. Pat Fallon (R-TX) is being criticized for having the parents of a victim of the Parkland school massacre removed from a GOP-led House committee hearing on “ATF Overreach” after he deemed them “out of order” for remarks they made while a Member was speaking. Minutes later, Capital Police pinned the father to the ground in the hallway and arrested him.

“See this is, exactly what we have to avoid!” Rep. Fallon, chairing the joint hearing, angrily declared as he pointed his finger after the father, Manuel Oliver, made a remark that was inaudible. “Which is some minority of folks trying to silence dissent. Dissent shouldn’t be kryptonite.”

“There’s a decorum that should be adhered to,” Fallon, who recently refused to sign a statement denouncing white supremacy, said as he chastising Oliver.

After another, louder outburst, Fallon mockingly asked, “Is this an insurrection? So will they be held to the same — I don’t want another January 6.”

READ MORE: ‘Unlawful Incursion’: Manhattan DA Schools Jim Jordan for Demanding He Testify in Ongoing Trump Investigation

Congressman David Cicilline (D-RI) responded, “If they’re trying to overthrow the government, they oughta be held to the same standard, but I think they’re trying to express their frustrations.”

Angrily again, Rep. Fallon interjected.

“Whoa whoa whoa whoa,” he shouted as he banged the gavel.

“Member’s out of line,” Fallon said (incorrectly. The term is “out of order.”)

Shortly thereafter, Rep. Fallon had both Manuel and Patricia Oliver removed.

ABC News reporter Will Steakin, who was in the hearing, tweeted video and said bot Manuel and Patricia Oliver “appear to leave without resistance… moments later there was a loud thud outside the hearing room and I found Manuel being pinned to the ground by multiple officers.”

“Manuel Oliver, the father of a 17-year-old Parkland shooting victim, was arrested Thursday on Capitol Hill after he appeared to shout at a Republican lawmaker who was speaking during a hearing on gun regulations,” NBC News reports. Patricia Oliver, his wife and the mother of their 17-year old son, Joaquin Oliver, who was one of 17 people who died in the 2018 Marjory Stoneman Douglas High School massacre, was not arrested.

READ MORE: ‘National Security Implications’: Former DOJ Official Speculates on Ruling Ordering Trump Attorney to Hand Over Docs

On social media critics expressed anger at Fallon.

“Rep. Pat Fallon (R) thinks parents of slaughtered children should just sit down & shut up as Republicans maintain outrageously dangerous gun laws. He had this parent expelled rather than just giving a warning, which is the usual,” wrote one Twitter user.

“Texas Rep. Pat Fallon: You are the EXACT problem with the gun violence and why it keeps being the leading cause of death in children today,” wrote another.

According to the NIH, gun violence is the leading cause of childhood death.

Still another Twitter user blasted Fallon: “What disgraceful & despicable behavior by Representative Pat Fallon. Exercising your right to free speech is being an insurrectionist? The man lost his son. Have you no compassion? I think he has more than earned the right to be heard by Congress. Such an abuse of power.”

And one called Fallon “feckless.”

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News

‘Repercussions’: Biden White House Warns Uganda ‘Kill the Gays’ Bill Could Force US to Cancel $950 Million in Annual Aid

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6 hours ago

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March 23, 2023

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The Biden administration may cancel the $950 million in annual assistance the U.S. provides to Uganda if President Yoweri Museveni signs into law its latest “Kill the Gays” bill, which calls for the death penalty for “aggravated homosexuality” and between ten and 20 years in prison for other LGBTQ “acts.”

National Security Council Coordinator for Strategic Communications John Kirby on Wednesday made clear if Uganda further criminalizes homosexuality and the LGBTQ community there could be “repercussions that we would have to take.”

“That would be really unfortunate because so much of the economic assistance that we provide Uganda is health assistance,” Admiral Kirby said at a White House press briefing.

White House Press Secretary Karine Jean-Pierre also told reporters Wednesday the Biden administration has “grave concerns” over the Anti-Homosexuality Act (AHA), and “increasing violence targeting LGBTQIA+ persons.”

READ MORE: Florida GOP Lawmaker Who Wrote ‘Don’t Say Gay’ Bill Facing Up to 35 Years After Pleading Guilty in COVID Fraud Case

“If the AHA is signed into law and enacted, it would impinge upon universal human rights, jeopardize progress in the fight against HIV/AIDS, deter tourism and invest in Uganda and damage Uganda’s international reputation,” Jean-Pierre warned. “The bill is one of the most extreme anti-LGBTQI+ laws in the world.”

Kirby and Jean-Pierre’s remarks came on the same day as U.S. Secretary of State Antony Blinken denounced Uganda’s “Kill the Gays” legislation, saying it “would undermine fundamental human rights of all Ugandans and could reverse gains in the fight against HIV/AIDS.”

“The United States provides more than $950 million in aid to Uganda each year, according to the State Department. The money supports development and health care measures, such as combating HIV/AIDS,” Courthouse News reported Wednesday. “Uganda is already among 30 African countries that ban same-sex relations. The new proposal would broaden penalties and appears to be the first to outlaw identifying as LGBTQ+, according to Human Rights Watch.”

Watch the videos above or at this link.

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