The Breakdown On The Debt Ceiling Meeting Between Biden And Mccarthy
- Biden and McCarthy debt ceiling meeting no deal made but both agree to keep talking. We cant go after McCarthy and we have to start talking to our representative. There was a lot of back and forth on the media. When Biden said he would not meet with McCarthy if concessions were to be made, it was all theater. If you believe that what they are reporting is the truth, you are incorrect. McCarthy said coming together and compromise, so you may be upset to hear common ground and compromise.
- You are watching this morning that stocks are up this morning because they have cut so many jobs. And Zuckerburg says something to the effect of that facebook will get lean and productive. Facebook shares are going up. But what does that have to do with the debt ceiling?
- The Feds are the owners of the stock exchange. The Fed will be in the thick of the debt limit mess. The House is the appropriations department. They have to go to the Fed to explain how to sustain the debt. McCarthy may not have all the cards to shut everything down. Our government is in a bind with our lender. They will have to make a presentation with the lender. We cant stop raising interest rates, the debt interest rate is equal to the defense budget. So if we look at our lenders (the Fed) and tell them we can only pay the interest, the payment will continue to rise.
- McCarthy went into the meeting yesterday. He is going in against Chuck Schumer, Hakeem Jefferies, Joe Biden and Mitch McConnell and the department of Federal reserves. Biden knows that the federal reserves are looking for some cuts and tightening somewhere. Joe knows he has to make a deal, and Kevin knows they have to make a deal.
- Justice for Tyre Nichols. The mother lost a child that is devastating. But if you have the family church and pastor you are not calling Al Sharpton to do the funeral. They are at Tyre funeral, rehearsing the parents and family members to say Justice for Tyre and demanding the George Floyd Justice and Policing act. The poor guy was beaten to death by black cops and Al Sharpton and Kamala Harris swooped in to capitalize on the situation. We need to know more about Tyre.
- So there are bad cops, what about bad teachers. Why can democrats pick and choose their narrative?
- The George Floyd policing act does: bolster police accountability, create a national police misconduct registry, ban no-knock warrants in federal drug cases, ban chokeholds and carotid holds, prohibit profiling based on race and religion, end qualified immunity, make it easier to prosecute officers accused of misconduct. It is not right that a police officer is released from the job and goes to the next town to get the same job. It also the same when a teacher violates the rules and has a chance to resign instead of criminal charges, and they are allowed to go to another location with the same job. We have school resource officers and administrators, making deals on the crime and once the law enforcement gets wind of it and the evidence is tainted that nothing comes of the charges. What they are trying to do is to make it a national law enforcement, and take away any local influence. You cant pass this bill.