Cut to the News
Cut through the clutter to today's top news
October 26, 2021
Good morning
Welcome to today's top news.
Leading the News . . .
Sharing my new Op-Ed with ya'll. Please read the whole piece on the Fox News website by clicking the source link at the bottom. Share with others. We must educate young folks on the destructive nature of socialism.
Rebekah Koffler: Biden nominee prefers Soviet system to free-market economy – don't let them destroy the US . . . President Joe Biden’s choice for comptroller of the currency, Saule Omarova, wants to transform America’s free market economy into a Soviet-style system – the same kind of central planning that destroyed her native country, the Union of Soviet Socialist Republics. As an immigrant from the former Soviet Union and communism survivor,
I know firsthand the damage central planning can do to an economy and to lives. United States senators must reject "Comrade" Omarova’s radical ideology which includes ideas like nationalizing banks, empowering federal government apparatchiks to set pay scales and prices, and enabling academics to oversee investments so they can finance social experiments. It all will doom America to the same destiny as the country I fled 30 years ago.
Omarova, a winner in her home country of the "Lenin" award, praised her native Soviet socialist system because of the lack of gender pay gap. She derided the free market economy for producing a Wall Street "a--hole culture" and expressed contempt for our "dysfunctional" financial system.
As someone who grew up standing in line for hours to shop in an over-crowded grocery store or a bare-shelved department store, let me tell you about Omarova’s "wondrous" socialist system. The socialist economy didn’t produce enough of anything and everything that was manufactured domestically was barely usable. Why? There was no incentive for anyone to work hard or innovate, because everyone was paid the same regardless of effort. Government bureaucrats, like Omarova, made it impossible for
people to improve their lot and better themselves by controlling every aspect of their lives.
We had a saying under communism: "They pretend to pay us, and we pretend to work." There can’t be a gender pay gap when there’s no pay. Whether a garbage collector or a doctor, the salary was never enough to support a family, spurring people to seek seedy alternatives like corruption and black market dealings. Meanwhile, the Communist Party ruling elites were the Soviet version of Omarova’s Wall Street "a--holes," except they didn’t produce any wealth. Fox News
Thanks to everyone who participated in my book talk on Sunday "CIA's Top Secret Soup and 'Putin's Playbook.' I will post the recording on YouTube but first it needs some editing.
I am thinking of running a similar "special" on Socialism, perhaps next Sunday, before the upcoming election.
‘Let’s Go Brandon’ song tops iTunes chart . . . The anti-Biden rallying cry “Let’s Go Brandon” is taking over iTunes, with rapper Bryson Gray’s song poking fun at the president sitting in the No. 1 spot of the music service’s chart on Monday, ranking ahead of pop music superstar Adele’s latest single. “Let’s Go Brandon,” which takes multiple shots at Biden regarding his chaotic Afghanistan withdrawal, cognitive ability and handling of the
coronavirus, features Tyson James and Chandler Crump. Gray’s “Let’s Go Brandon” music video features the rapper in a “Make America Great Again” hat with an “Impeach Biden” t-shirt as lyrics such as “Let’s go Brandon, when you ask questions they start banning.’” White House Dossier
Billionaire tax gains momentum . . . Democrats are facing hurdles to making a new annual tax on billionaires’ investment gains a reality. The proposal, championed by Senate Finance Committee Chairman Ron Wyden (D-Ore.), is seen as a way to help pay for the party’s social spending package while accommodating Sen. Kyrsten Sinema’s (D-Ariz.) opposition to raising tax rates. But some Democratic lawmakers have expressed reluctance to
including a new tax proposal in the package, and tax experts say there could be challenges in crafting its details. Taxing billionaires’ unrealized capital gains annually, a concept known as “mark-to-market,” is gaining steam as an alternative given Sinema’s objection to raising rates on corporations and high earners. Currently, people do not pay taxes on capital gains until investments are sold. The Hill
‘This could be the ballgame:’ Biden goes all-in on Virginia . . . Joe Biden and Democrats know they won’t be able to spin a loss in Virginia. So they’re raising the stakes of the election instead. Biden is back stumping for Terry McAuliffe on Tuesday as he tries to hold off Glenn Youngkin, the Trump-backed Republican, in a bitterly tight race. With the election coming next week, both the president and the Democratic Party are increasingly
embracing the notion that it is in large part a referendum on their handling of the pandemic and their support of massive government spending programs — as well as a broader repudiation of the Jan. 6 attacks on the U.S. Capitol. Politico
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China launches suspected anti-satellite weapon into space . . . China has launched a new satellite that analysts say can be used as a weapon capable of grabbing and crushing American satellites. The Shijian-21 satellite was sent aloft on Sunday atop a rocket booster from the Xichang Satellite Launch Center, ostensibly for cleaning “space debris.” The satellite reportedly is “tasked with demonstrating technologies to alleviate and
neutralize space debris.” The robotic satellite launch followed a suspected recent test of a new hypersonic missile that Chinese officials said was a peaceful space experiment. The commander of the U.S. Space Command, Air Force Gen. James Dickinson told Congress in April that spacecraft like the Shijian-21 is part of an effort by China to seek “space superiority through space and space-attack systems.” Washington Times
White House backtracks on Biden statements regarding defense of Taiwan . . . The White House clarified a number of statements President Biden made during a live town hall Thursday night, walking back his suggestion that the United States would defend Taiwan from a potential attack from China. A White House spokesperson on Friday told Fox News that the president "was not announcing any change in our policy." "There is no change
in our policy." "The U.S. defense relationship with Taiwan is guided by the Taiwan Relations Act." "We will uphold our commitment under the Act, we will continue to support Taiwan's self-defense, and we will continue to oppose any unilateral changes to the status quo," the spokesperson added.
The Taiwan Relations Act to which the United States is a party does not guarantee the U.S. will engage militarily if China attacks Taiwan, which it has claimed for decades is sovereign Chinese territory, but states that the United States "will make available to Taiwan such defense articles and defense services in such quantity as may be necessary to enable Taiwan to maintain self-sufficient defense capabilities. U.S. presidents have pursued a policy of "strategic ambiguity" so that
China would not know exactly what the U.S. response would be to an attack. Fox News
Does Taiwan’s Military Stand a Chance Against China? Few Think So . . . Poor preparation and low morale are pressing concerns; sweeping leaves and pulling weeds in basic training. The concern that China might try to seize Taiwan is preoccupying American military planners and administration officials. Few of them think Taiwan’s military could hold the line. Soldiers, strategists and government officials in Taiwan and the U.S. say the
island’s military is riven with internal problems, many of which have built up over years of calm and economic prosperity and now are eating away at Taiwan’s ability to deter China. Wall Street Journal
Ignoring Sanctions, Russia Renews Broad Cybersurveillance Operation . . . Russia’s premier intelligence agency has launched another campaign to pierce thousands of U.S. government, corporate and think-tank computer networks, Microsoft officials and cybersecurity experts warned on Sunday, only months after President Biden imposed sanctions on Moscow in response to a series of sophisticated spy operations it had conducted around the
world. The new effort is “very large, and it is ongoing,” Tom Burt, one of Microsoft’s top security officers, said in an interview. Government officials confirmed that the operation, apparently aimed at acquiring data stored in the cloud, seemed to come out of the S.V.R., the Russian intelligence agency that was the first to enter the Democratic National Committee’s networks during the 2016 election. New York Times
SolarWinds Hackers Continue to Hit Technology Companies, Says Microsoft . . . The Russia-linked hackers behind last year’s compromise of a wide swath of the U.S. government and scores of private companies, including SolarWinds, have stepped up their attacks in recent months, breaking into technology companies in an effort to steal sensitive information. In a campaign that dates back to May of this year, the hackers have targeted more than
140 technology companies including those that manage or resell cloud-computing services, according to new research from Microsoft. “ This recent activity is another indicator that Russia is trying to gain long-term, systematic access to a variety of points in the technology supply chain,” said Tom Burt, Microsoft’s corporate vice president for customer security and trust. Wall Street Journal
Biden could potentially have two concurrent conflicts on his hands, with China and Russia, whom Pentagon now has designated as 'near peer competitors,' in terms of war fighting capability. Modern warfare, in addition to traditional military operations, includes disruptive and destructive operations in the space and cyberspace. Russia has declared space and cyber as war fighting domains.
Although in pure military terms, the US is superior to both adversaries, doctrinally and policy-wise, US government has no answer to Russia's and China's asymmetric weapons' employment. This is a big problem, let alone the fact that Biden can't find his way out of a paper bag and is perceived by both Russia and China as weak and possibly cognitively impaired.
Based on 'prospect theory,' (risk of acting now is lower than acting later), I forecast that during Biden's term, China will likely attempt to take over Taiwan, and Russia may take over Ukraine and take aggressive action to destabilize the Baltics.
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As EU seeks talks, Poland risks unraveling the bloc’s legal order . . . EU leaders may want to kick their rule-of-law rupture with Poland as far down the road as possible, but the dispute’s legal implications can’t be so easily ignored. With a series of contested judicial reforms and a court ruling challenging the EU’s legal foundation, the Polish government may have set in motion a process that effectively decouples the country’s legal
system from the rest of the bloc. And there are fears others will follow Warsaw’s path. That could mean the unraveling of the EU’s common legal system — judges refusing to extradite criminal suspects to Poland, challenges to cross-border disputes on everything from divorce to commercial agreements, Polish judges being disciplined for applying EU law. The implications for people and businesses could be massive. Politico EU
Vladimir Putin Holds All the Cards As U.S. Strategy to Stop Energy Crisis in Disarray . . . Winter may not have started but already there is growing alarm that Russia will use its energy resources to hold Europe hostage in the coming cold months, ignoring a U.S. warning to Moscow not to use gas as a political weapon. Russia supplies the E.U. with 40 percent of its gas and in some other countries, like Finland and the Czech Republic, that
proportion is even higher. Russian President Vladimir Putin's recent assurances to increase supply to Europe was enough to ease soaring wholesale gas prices, but not concerns among the continent's leaders that it intends to use energy as a geopolitical tool. Moscow has been accused of deliberately not delivering more gas to meet rising demand because it wants to expedite the Nord Stream 2 pipeline between Russia and Germany, which has not been certified. Newsweek
Biden keeps giving gifts to Putin. Why?
Jehovah’s Witnesses sentenced to prison for ‘extremist’ religious activity in Russia . . . Four Russian members of the Jehovah’s Witnesses received stiff prison terms Monday in what the American-based movement calls the “longest, harshest” sentences imposed on its believers since the 2017 designation of the group as “extremists.” The Trusovskiy District Court of Astrakhan sentenced Rustam Diarov, 48, Yevgeniy Ivanov, 44, and Sergey
Klikunov, 46, each, to eight years in prison. Olga Ivanova, 38, Yevgeniy’s wife, received a sentence of 42 months, a Jehovah’s Witnesses statement said. The eight-year sentences — longer than the criminal code specifies for kidnapping or rape — are equivalent to the maximum eight-year penalty Russian law specifies for causing “grievous bodily harm,” the organization noted. Washington Times
Does that remind you of something? Parents who disagree with the indoctrination of their children in the critical race theory by the schools have been designated as "domestic terrorists" by Biden's DOJ. Biden is using Putin's Soviet Playbook targeting political opposition.
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Pfizer-BioNTech Covid-19 Vaccine for Young Children to Be Reviewed by FDA Advisers . . . Experts advising the Food and Drug Administration are scheduled to meet Tuesday to consider endorsing the Covid-19 vaccine from Pfizer Inc. for use in young children. Their positive recommendation would likely soon lead to an expansion of the U.S. vaccination campaign to millions of young children. The FDA last week said the
results from the companies’ late-stage study met the criteria for immune responses in children 5 to 11 years. The agency also confirmed data from the companies showing that the shot was found to be safe and 90.7% effective at preventing symptomatic Covid-19 in a study of the youngsters.
The expert panel, called the Vaccines and Related Biological Products Advisory Committee, is expected to review scientific data about the vaccine’s safety and effectiveness in children, and vote to recommend whether the FDA should authorize the use. Wall Street Journal
Rise in human bird flu cases in China shows risk of fast-changing variants: experts . . . A jump in the number of people in China infected with bird flu this year is raising concern among experts, who say a previously circulating strain appears to have changed and may be more infectious to people. Reuters
Another gift to the world from Chicoms is coming.
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‘Woke’ Federal Reserve in danger of losing control of inflation, economists warn . . . Former Treasury Secretary Larry Summers’ criticism that the Federal Reserve and other central banks are too focused on “woke” social issues reflects a growing concern that policymakers aren’t paying enough attention to inflation. Mr. Summers, a Democrat, is arguing his point as Senate Republicans try to prevent congressional Democrats
and President Biden from pressuring the Fed to install regional directors who would devote some of their duties to climate change and racial equity. The Republicans describe the move as a dangerous case of “mission creep” from the central bank’s traditional role of ensuring maximum employment and price stability. Washington Times
Amazon strikes deal with UK spy agencies to host top-secret material . . . The UK’s three spy agencies have contracted AWS, Amazon’s cloud computing arm, to host classified material in a deal aimed at boosting the use of data analytics and artificial intelligence for espionage. The procurement of a high-security cloud system has been championed by GCHQ, the UK’s signals intelligence body, and will be used by sister services MI5 and MI6,
as well as other government departments such as the Ministry of Defence during joint operations. The contract is likely to ignite concerns over sovereignty given that a vast amount of the UK’s most secret data will be hosted by a single US tech company. The agreement, estimated by industry experts to be worth £500m to £1bn over the next decade, was signed this year, according to four people familiar with the discussions. However, the details are closely guarded and were not intended to be
made public. Financial Times
Tim Scott warns Dems' plan to tax unrealized gains risks wrecking the entire US system . . . South Carolina Republican Sen. Tim Scott joined "Life, Liberty & Levin" on Sunday to analyze the state of Congress, criticizing Democratic majority leadership for locking out Republicans from negotiations on the multi-trillion-dollar socioeconomic overhaul legislation dubbed human infrastructure. Scott told host Mark Levin that Democrats did
not receive a proverbial mandate from voters in 2020 to enact such a sweeping transformation of the American socioeconomic system, given that they cling to a three-vote margin in the House plus three vacancies. In addition, the U.S. Senate has no outright majority save for Vice President Harris' tie-breaking position in the 50-50 split therein. Fox Business
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Alec Baldwin’s shooting mishap: Special effects expert analyzes what likely happened . . . Steve Wolf shared his expertise and analyzes how the tragic event was allowed to happen on "The Story with Martha MacCallum." Wolf: I believe it was a live round because the residue or wadding from a piece of a blank wouldn't cause any lethal injury at that distance. So a blank is simply a casing, a cartridge and some powder in there. A live round is the same three
components with a bullet attached on top. So… they just don't look the same. And anyone should be able to tell that. It was not a prop gun. It was a real gun. Prop guns like this cannot admit live ammunition. There's a physical blockage in there that prevents you from putting this in there. So if you can't put live ammo with bullets into a prop gun, then it was not a prop gun. It was a real gun. So if somebody was shot with this, it was from a real gun. Fox News
Teenager found guilty in Loudoun County bathroom assault . . .The teenager accused of sexually assaulting a ninth-grade girl in a Loudoun County, Virginia, high school was found guilty on all charges. The victim was assaulted in a women’s restroom at Stone Bridge High School by a male allegedly wearing a skirt. A juvenile court judge found the evidence enough to convict but will hold on sentencing until the convicted teenager, now 15 , is
tried for another alleged assault at a different high school. Washington Examiner
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Oh No! Someone Replaced Joe Biden's Copy Of The Constitution With A Copy Of '1984' . . . Well, this is probably not a great development: sources inside the White House confirmed Friday that someone at some point in the last nine months snuck into the Oval Office and replaced the only copy of the Constitution with a copy of George Orwell's 1984.
"Honestly, this explains a lot," said one political news analyst. "We were wondering why he was doing everything literally the exact opposite of what the Constitution said. It's like we have been living in a dystopian novel this whole time. And, well, we kind of were." Aides say this explains why the Biden administration has been lying to the public, claiming that war is peace, freedom is slavery, and that ignorance is strength. It also explains the administration's desire to monitor
every little thing Americans do in their private lives, take total control of its citizens' bodies, and brainwash the youth with CRT and other deadly government ideas. Babylon Bee
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Rebekah
Rebekah Koffler
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