Wall Street to Biden bank cops: We’d like European regulation instead
https://www.politico.com/news/2023/09/06/u-s-eu-banking-crisis-00113495
Lone Candle
Champion of Truth
https://www.politico.com/news/2023/09/06/u-s-eu-banking-crisis-00113495
““That day broke our tradition of peacefully transferring power,” said U.S. District Court Judge Timothy Kelly as he delivered Biggs’ sentence. “The mob brought an entire branch of government to heel.””
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“Kelly, an appointee of Donald Trump, agreed with prosecutors that the crimes committed by Biggs and Rehl amounted to an act of terrorism aimed at influencing the government. In Jan. 6 cases, that distinction had until Thursday been applied only to members of the Oath Keepers who were similarly convicted of seditious conspiracy or obstruction.
Kelly spoke at length about his decision to apply the terrorism label and how the Jan. 6 attack compared to other, more stereotypical acts of terrorism that involve mass casualties or bombings.
“While blowing up a building in some city somewhere is a very bad act, the nature of the constitutional moment we were in that day is something that is so sensitive that it deserves a significant sentence,” Kelly said.
The judge, however, did not use the terrorism designation to sharply increase his sentences for Biggs and Rehl. Doing so, he said, would result in an overly harsh punishment because the terrorism enhancement is primarily geared to actions with an “intent to kill” — which he did not attribute to Biggs or Rehl.
The sentences are an important marker in the fraught aftermath of the Jan. 6 attack. Prosecutors, who had asked for a 33-year sentence for Biggs and 30 years for Rehl, said they and their co-conspirators were the driving force behind the violence that unfolded that day, facilitating breaches at multiple police lines and helping the crowd advance into the building itself. A jury convicted the five Proud Boys of multiple conspiracies in June, after a four-month trial that recounted their actions in painstaking detail.
Prosecutors urged Kelly to severely punish Biggs and Rehl as a way to deter others who might consider similar actions in the future aimed at disrupting the government.”
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“Prosecutors say the group amassed a force of 200 hand-selected Proud Boys and marched them to the Capitol, where many of them skirmished with police or removed barriers intended to keep the crowd at bay. Nordean and Biggs were convicted of dismantling a black metal fence that was one of police’s last obstacles before the crowd reached the building.”
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“When Trump told supporters on Dec. 19, 2020, to amass in Washington, D.C., on Jan. 6, Tarrio and the Proud Boys leaders quickly responded and began assembling a new chapter that they described as a group of more disciplined and obedient men who would follow their orders. That group, which they dubbed the “Ministry of Self-Defense,” became the core of the group that descended on the Capitol on Jan. 6.”
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“During Rehl’s sentencing, Pattis more squarely put the blame for the riot on Trump, saying many in the crowd were simply following his instructions and had no reason to doubt their commander in chief. Pattis mused that it seemed unfair for Rehl to be charged with seditious conspiracy while Trump was not.”
https://www.politico.com/news/2023/08/31/joe-biggs-proud-boys-leader-gets-17-year-prison-sentence-for-role-in-jan-6-attack-00113641
“Mexico’s Supreme Court threw out all federal criminal penalties for abortion Wednesday, ruling that national laws prohibiting the procedure are unconstitutional and violate women’s rights in a sweeping decision that extended Latin America’s trend of widening abortion access.”
https://www.politico.com/news/2023/09/06/mexico-supreme-court-decriminalizes-abortion-nationwide-00114327
“The risks of a diminished Great Salt Lake aren’t merely beached sailboats and wider shores; they also include species extinction and toxic dust clouds billowing over nearby communities, the lawsuit says.”
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“The precipitous drop in water levels, which has shrunk the Great Salt Lake’s footprint by half over the past few decades, stems from a two-fold problem: Climate change has helped decimate the mountain streams that feed the lake, while demand for the streams’ fresh water has ballooned for new development, agriculture and industry.”
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“Toxic chemicals — including arsenic, lead and mercury — are trapped in the lakebed. As more of the lakebed becomes exposed and dries, those chemicals are carried into the air by the wind. The consequent toxic dust storms could lower life expectancies, as well as heighten cancer and infant mortality rates, said Moench, citing past instances of lakes drying up across the world.”
https://www.politico.com/news/2023/09/06/utah-great-salt-lake-lawsuit-shrink-00114397
https://www.politico.com/news/2023/09/06/mexico-city-mayor-presidential-candidate-sheinbaum-00114413
https://www.politico.com/news/2023/09/07/g-20-to-be-bidens-newest-front-in-his-battle-with-china-for-economic-power-00114360
“Chinese “visitors” — a broad term that encompasses both tourists and longer-term students — were at the forefront of a boom in international travel to the United States in the decade before the coronavirus pandemic hit. They spent a record $34 billion in the United States in 2018 and another $33 billion the following year.
That fell sharply as both governments clamped down on travel during the pandemic. Chinese spending in the United States plummeted to about $11.4 billion by 2021, nearly all by Chinese students at American colleges and universities. It rebounded slightly to around $14 billion last year, with education still accounting for most of the expenditures.”
https://www.politico.com/news/2023/09/06/united-states-chinese-tourism-00113789
“Judge James Ho is not a nuclear scientist, an expert in energy policy, an atomic engineer, or anyone else with any specialized knowledge whatsoever on how to store and dispose of nuclear waste.
Nevertheless, Ho and two of his far-right colleagues on the United States Court of Appeals for the Fifth Circuit just put themselves in charge of much of America’s nuclear safety regime — invalidating the power of actual nuclear policy regulators to decide how to deal with nuclear waste in the process.”
https://www.vox.com/2023/8/29/23849054/supreme-court-nuclear-safety-fifth-circuit-james-ho-radioactive-texas-commission
“China’s economy is out of balance and has been for some time. Investments dominate the country’s economy, far more than consumption — that is, what households are spending. It didn’t matter so much when investment juiced China’s GDP in good times, and indeed, kept China’s economy afloat during the Covid-19 pandemic.
But that investment playbook has been losing its potency. A chunk of investments are unproductive — for example, a shiny new airport is great, but if it sits empty and no one travels through it, that’s not a great return on investment. But whether the airport is busy or a ghost town, it required bonds and loans to build. That produced growth, but it also increased China’s debt, so much so that right now, it’s triple — yep, around 300 percent — the amount of China’s economic output. “That doesn’t really matter until the debt has to be settled. More stimulus simply increases debt and delays the reckoning,” Morgan said.
What that reckoning might look like is hard to answer because the Chinese government and its leader, President Xi Jinping, are not exactly known for transparency. As Morgan sees it, China is dealing with a “slow fizzle.” But how Xi and his government manage that fizzle is far from an easy question for anyone to answer.”
https://www.vox.com/world-politics/2023/8/29/23845841/chinas-economy-xi-expert
“Much like other places, Louisiana is experiencing record-breaking heat and dryness, which have made it easier for wildfires to proliferate.”
https://www.vox.com/climate/2023/8/30/23852363/louisiana-wildfires