Live From the Pentagon Briefing Room at 4:15 PM EDTÂ
President Barack Obama will hold a press conference Thursday afternoon live from the Pentagon’s press briefing room. The President is expected to update reporters on the nation’s fight against ISIL, following aÂ National Security Council Meeting which he chaired.
The press conference is expected to begin around 4:15 PM EDT. Watch live here:
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‘Another Happy Jobs Day’: Economists Thrilled With ‘Amazing’ Report as Jobs Growth Beats Expectations, Wages Increase
The Biden economy added a whopping 263,000 jobs last month, crushing expectations of 200,000, and wages are growing as well, leading one economist to declare “another happy jobs day.”
The U.S.Bureau of Labor Statistics (BLS) adds that unemployment remains at a near-historic low of 3.7% in November, “and has been in a narrow range of 3.5 percent to 3.7 percent since March.”
University of Michigan School of Economics Professor Justin Wolfers exclaimed, “It’s yet ANOTHER happy jobs day. Payrolls rose +263k, well above expectations.”
“This expansion just keeps on rolling on,” added Wolfers, a senior fellow at The Brookings Institution.
Wolfers also takes on those who have been falsely pushing “recession” talking points.
“BTW, remember all that recession talk? It was nonsense. Bollocks. Cow dung,” he tweets. “There never was a recession. And the economy sure doesn’t look like it’s in one now. Job growth at this rate is the economy singing: ‘This is a robust expansion.'”
And he also slams the doom and gloom forecasters.
The flip from “Recession!” to “Overheating!” is just about the perfect example of the bad news bias in most economic commentary.
Look folks, if the economists you talk to are always gloomy, they’re only giving you half the story.https://t.co/mcD76jthvN
— Justin Wolfers (@JustinWolfers) December 2, 2022
Economist David Rothschild sums up where the Biden economy is compared to the rest of the world.
“Economy is far from perfect,” he writes, “but conditional on the worldwide pandemic and supply chain issues generated from pandemic: US economy has done *amazing* over last 2 years.”
In news alerts The New York Times reported hiring “continued to exceed expectations,” The Wall Street Journal called it “a sign of continued strength in the labor market,” and even Fox News reported it as “stronger-than-expected.” CNN referred to the jobs report as “robust” and “defying expectations.”
“America’s jobs engine kept churning in November, the Labor Department reported Friday, a show of continued demand for workers despite the Federal Reserve’s push to curb inflation by tamping down hiring, The Times reported. “The labor market has been surprisingly resilient in the face of successive interest rate increases by the Fed over the past year. Even sectors normally sensitive to borrowing costs, like construction and manufacturing, have been slow to back off the brisk pace of growth they posted coming out of the pandemic.”
The BLS also broke down unemployment numbers by demographics.
“Among the major worker groups, the unemployment rates for adult men (3.4 percent), adult women (3.3 percent), teenagers (11.3 percent), Whites (3.2 percent), Blacks (5.7 percent), Asians (2.7 percent), and Hispanics (3.9 percent) showed little or no change over the month.”
Image: Matt Smith Photographer / Shutterstock
‘The Law Is Clear’: Appeals Court Rules Trump Handpicked Judge Should Never Have Appointed Special Master
A three-judge panel on the conservative 11th Circuit Court of Appeals has ruled against Donald Trump, and effectively against his hand-picked federal district court judge Aileen Cannon in the ex-president’s “special master” case.
The judges, all three conservatives, two of whom appointed to the bench by Trump himself, ruled that Judge Cannon should never have agreed to Trump’s request to appoint a “special master” to review all the items the Dept. of Justice removed from his Mar-a-Lago residence by executing a legal search warrant.
Cannon had ordered the special master to specifically review approximately 100 classified documents, and blocked the DOJ from accessing them while they were under review. That block halted its investigation into Trump’s likely illegal retention of the documents and other items – over 10,000 – he removed from the White House and was string at Mar-a-Lago.
CNN calls Thursday’s ruling “a major defeat for former President Donald Trump.” The appeals court’s ruling halts “a third-party review of documents seized from his Mar-a-Lago estate,” and “removes a major obstacle to the Justice Department’s investigation into the mishandling of government records from Trump’s time in the White House.”
“The law is clear,” the judges wrote in their ruling Thursday, posted by NBC News’ Daniel Barnes. “We cannot write a rule that allows any subject of a search warrant to block government investigations after the execution of the warrant. Nor can we write a rule that allows only former presidents to do so. Either approach would be a radical reordering of our caselaw limiting the federal courts’ involvement in criminal investigations.”
“And both would violate bedrock separation-of-powers limitations,” they continued. “Accordingly, we agree with the government that the district court improperly exercised equitable jurisdiction, and that dismissal of the entire proceeding is required.”
They also wrote: “In considering these arguments, we are faced with a choice: apply our usual test; drastically expand the availability of equitable jurisdiction for every subject of a search warrant; or carve out an unprecedented exception in our law for former presidents. We choose the first option. So the case must be dismissed.”
“The district court,” meaning Judge Cannon, “improperly exercised equitable jurisdiction in this case. For that reason, we VACATE the September 5 order on appeal and REMAND with instructions for the district court to DISMISS the underlying civil action.”
Right Wing Social Media Platform Parler Announces Kanye West Will No Longer Buy It in ‘Interest of Both Parties’
After Kanye West‘s antisemitic and racist remarks last month, which led to him being deplatformed by Twitter and Instagram, the extremist artist and rapper announced he was purchasing the right wing “free speech” social media platform Parler, which performs little content moderation.
On Thursday, hours after West went on far right extremist and conspiracy theorist Alex Jones’ show and praised Adolf Hitler, Parler issued a statement saying by mutual agreement West would not be purchasing the platform.
But the Parler statement, which came from its parent company, also claimed the decision had been made weeks ago.
“In response to numerous media inquiries, Parlement Technologies would like to confirm that the company has mutually agreed with Ye to terminate the intent of sale of Parler,” Parler said on Twitter. “This decision was made in the interest of both parties in mid-November.”
On Thursday, stunning many, West told Alex Jones, “I see good things about Hitler,” as Consequence reported. “Every human being has something of value that they brought to the table, especially Hitler.”
When West had agreed to purchase Parler, he stated, “In a world where conservative opinions are considered to be controversial we have to make sure we have the right to freely express ourselves.”
CNBC reported last month that “Parler, which initially launched in 2018, was swept up in controversy last year over the role it played in the Jan. 6, 2021, riots at the Capitol building. That led a slew of tech companies, including Google and Amazon, to blacklist the service, rendering its app and website inaccessible.”
Owens, promoting nationalism, told young supporters in London, “Whenever we say nationalism, the first thing people think about, at least in America, is Hitler.”
“But if Hitler just wanted to make Germany great and have things run well, OK, fine. The problem is that he wanted, he had dreams outside of Germany. He wanted to globalise. He wanted everybody to be German, everybody to be speaking German. Everybody to look a different way. To me, that’s not nationalism.”
Hitler was responsible for the slaughter of up to 17 million people.
Image via Tinseltown / Shutterstock
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