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Biden: Fundamentally Trans-Forming America

PNW: Joe Biden insisted that his administration would “look like America.” If that’s true, most Americans are ready for an extreme makeover. A week and a half in, the majority would agree: nothing this White House has done comes even close to resembling their values.

Instead, it’s been a 13-day parade of far-Left extremism that’s snuffed out any hope that this president’s “whole soul” is actually in “bringing America together.” What it’s in, as far as the Washington Post can tell, is an LGBT agenda that will blow the doors off of modern convention.

Already, the Post insists, Biden is the most “pro-transgender president in history”–easily beating out eight years of Barack Obama on Day 1. Within hours, he’d thrown down the gauntlet on the military, schools, federal agencies, and any other workplace with a legitimate reason to respect the biological sexes.
It was Biden’s way of warning America: the days of feigning respect for both sides of the gender debate are over. “The president has made it clear that he intends to weaponize the law to crush dissent,” Alliance Defending Freedom’s Kristen Waggoner said solemnly.
 “That impacts not just people of faith, but all Americans who want to live life according to their convictions.” In a pluralistic society, she argued. The government should not be allowed to “single out and punish” people who hold a different view. Read More

A Cure For COVID?

Arutz Sheva: A new treatment developed by an Israeli hospital could offer hope for thousands of hospitalized coronavirus patients.

Officials at Ichilov Medical Center in Tel Aviv announced Friday morning that the medication, named EXO-CD24, which is being tested at the hospital has shown promising results, with an estimated 95% effectiveness in treating the coronavirus.

The drug is designed to treat moderate and serious cases of the coronavirus, and is given to patients via inhalation directly into the lungs. Read More

January Payrolls Miss: Only 49K Jobs Added As Unemployment Rate Tumbles To 6.3%

Zero Hedge: Following last month’s dismal unemployment print, which saw the first contraction since April in December payrolls, expectations were high for a solid rebound in January – maybe too solid – and unfortunately while jobs did grow in January, the final number of +49,000 came in well below the 105K consensus estimate, if up solidly from December’s downward revised -227K, with revisions subtracting a total of 159K jobs from the past two months. Read More

 

BIDEN ORDERS MAJOR AIRCRAFT CARRIER TO RETREAT FROM IRAN COAST

When you take the field against your enemies, and see horses and chariots—forces larger than yours—have no fear of them, for Hashem your God, who brought you from the land of Egypt, is with you. Deuteronomy 20:1 (The Israel BibleTM)

Israel 365: American aircraft carrier USS Nimitz, among the largest warships in the world boasts a reputation for signaling Washington’s power in the Middle East, has been ordered to return home, US Naval Institute News said citing US officials.

The decision was seen as a potential signal to Iran to calm tensions as the newly elected Biden administration makes efforts to open negotiations for a new nuclear agreement.

The aircraft carrier was deployed to the Persian Gulf by former president Trump in November amid rising tensions with Tehran. Read More

 

New crypto VC fund attracts Wall Street billionaires and LL Cool J

Yahoo Finance: In another sign that crypto has become a mainstream investment, private equity veteran Glenn Hutchins, along with his son James Hutchins and partner Travis Scher, have launched a new venture capital crypto fund with a marquee list of investors including hedge fund billionaire Paul Tudor Jones, Raj and Indra Nooyi (the latter being the former CEO of PepsiCo) and James Todd Smith, better known as LL Cool J.

“Crypto promises not just to revolutionize finance but also to invent a new computing paradigm that will be as transformational as the PC, the internet, mobility and the cloud,” says Glenn Hutchins. “It is the proverbial next big thing.”

There are a number of other crypto venture funds out there currently, so the North Island fund will need to differentiate itself, which it might be able to do given the experience and reputation of the founders and given that North Island already has back office infrastructure in place. The thesis of the fund is that crypto is an enabling technology which offers unprecedented capabilities that entrepreneurs can leverage and combine to create applications that could not previously exist. Read More

New Bill in Congress Essentially Nullifies the Second Amendment

TNA: Leftists have made clear that they believe only the government should have guns, and a new bill proposed in Congress would be a huge step toward making this a reality.

Submitted January 4 by Representative Sheila Jackson Lee (D-Texas), the Sabika Sheikh Firearm Licensing and Registration Act (H.R. 127) would, one observer warns, “end your 2nd Amendment rights permanently.”

The bill’s provisions are staggering, in fact, according to analysts who’ve tried to make sense of its technical language. Read More

Pentagon Orders Military-Wide ‘Stand-Down’ To Address ‘White Supremacy,’ Extremism In Ranks

Daily Wire: U.S. Secretary of Defense Lloyd Austin has ordered all branches of the military to enact a “stand down” within the next 60 days so they can address supposed internal threats posed by white supremacy and other forms of extremism.

“The Pentagon on Wednesday said it was still uncertain how to grapple with the problem of extremism in its ranks and announced a military-wide pause to allow troops and commanders a chance to focus on the issue,” NBC News reported Wednesday. “Lloyd Austin, the first Black secretary of defense who recently took over at the Pentagon, ordered each branch of the military to stand-down at some point over the next 60 days to discuss the threat posed by white supremacy and similar extremism, said Pentagon press secretary John Kirby.”

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Austin gave the order on Wednesday during a meeting with the leaders of each military branch, including Chairman of the Joint Chiefs Gen. Mark Milley and Vice Chairman Gen. John Hyten. “There wasn’t one being in the room that didn’t agree that there wasn’t a problem,” Pentagon press secretary John Kirby said.

Announcing the pause to the press, Kirby said the breach on the U.S. Capitol on Jan. 6 served as “a wake-up call” for the Department of Defense. “Current and former members of the military took part in the siege, and the Pentagon is under scrutiny over how it vets recruits and tracks extremism within the ranks,” NBC reported.

“We don’t know how we’re going to be able to get after this in a meaningful, productive, tangible way and that is why he had this meeting today and that is why he certainly ordered this stand-down,” Kirby told the media, adding, “There may be cultural issues we have to deal with here.” Read More

From GOAT To Scapegoat: Redditor Who Made Millions During Gamestop Chaos Already Being Set Up To Take The Fall

Zero Hedge: Reading about how YouTubers and Redditors with screennames liike “RoaringKitty” and “Deep Value” contributed to last week’s financial mania with posts and videos expounding the virtues of GME, AMC, BBY, BBBY, NOK, KOSS and the other “Wall Street Bets” stocks has been a big part of the drama in the aftermath of last week’s trading chaos.

For the last week, a parade of financial analysts, academics, regulators and bankers have warned that the capital markets sickness that sent GME shares to nearly $400 can be blamed on a handful of rogue charlatans hawking an absurd “stick it to the man” narrative on social media (and not the hedge funds trying to short GME into oblivion with naked short positions so large, they amounted to more than 100% of GME’s float before the explosion).

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With Janet Yellen and the rest of the top financial markets regulators in the country meeting on Thursday, we learned last night via the New York Times, and via an interview with House Financial Services Committee Chairwoman Maxine Waters, that a key player in the Feb. 18 House committee hearing/media circus will be Keith Gill, the former MassMutual employee known alternatively on Reddit and YouTube as “DeepF*ckingValue” and “RoaringKitty”.

Of course, small-time traders like Gill aren’t the only ones who profited from the chaos, and while Tenev and other witnesses will be appearing in a professional capacity, Gill is being painted as some kind of financial terrorist, and it’s already becoming clear that – just like regulators did with Nat Sarao after the May 2010 “flash crash” – they will once again find a small-time trader to scapegoat, regardless of whether their actions actually had a major impact on the market volatility in question.

But not only is Gill being dragged in front of the Committee (though Waters couldn’t say whether he was “confirmed”, only that she was trying to “get” him for the hearing), but regulators in Massachusetts are taking aim at him, and it looks like they have found an excuse to punish and scapegoat Gill, due to the fact that, technically, he was still employed by a major insurance firm, and was a registered securities broker, while carrying on his anonymous social media persona and pitching stocks online.

Some might construe that as a conflict, and regulators are reportedly – according to the NYT – putting pressure on both Gill and his former employer, MassMutual, one of the biggest financial services firms in the state of Massachusetts. Read More