The Biden Administration Takes a Swipe
at Credit Card Industry
Posted By: FlyRight, 3/26/2024 6:01:51 AM
Now they're trying to stop Capital One from acquiring the credit card company Discover. That's a bizarre cease-and-desist order, because this acquisition by Capital One would INCREASE rather than inhibit competition in an industry that processes two-thirds of retail store and online transactions worth $5 trillion each year. Americans love swiping and tapping for their shopping. To suggest that the acquisition of two companies that control less than 10% of the market is anti-competitive is a proposition that borders on the absurd. For years the Federal Trade Commission and retailers have argued falsely that there isn't competition in the credit card market. There are dozens of credit cards issued by banks and retailers
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Trump says ex-RNC chair Ronna McDaniel
is in ‘Never Neverland’ after being
dropped by NBC News 10 replies
is in ‘Never Neverland’ after being
dropped by NBC News 10 replies
Former President Donald Trump on Tuesday weighed in on NBC News’ decision to drop ex-Republican National Committee Chairwoman Ronna McDaniel from the network after complaints from on-air talent.
“Wow! Ronna McDaniel got fired by Fake News NBC. She only lasted two days, and this after McDaniel went out of her way to say what they wanted to hear,” the 77-year-old presumptive GOP nominee wrote on Truth Social.
Trump then appeared to suggest that McDaniel may now be in some sort of political purgatory after her NBC News exit and prior resignation from the RNC following mounting criticism of her leadership.
Robert F. Kennedy Jr. picks Nicole Shanahan
as his running mate for his independent
White House bid 16 replies
as his running mate for his independent
White House bid 16 replies
Robert F. Kennedy Jr. chose Nicole Shanahan on Tuesday to be his vice presidential pick as he mounts an independent White House bid that has spooked national Democrats.
Shanahan, 38, is a California lawyer and philanthropist who’s never held elected office. Shanahan leads Bia-Echo Foundation, an organization she founded to direct money toward issues including women’s reproductive science, criminal justice reform and environmental causes.
Kennedy, a former Democrat, made the announcement in Oakland, California.
“Nicole and I both left the Democratic Party,” she said. “Our values didn’t change. The Democratic Party did.”
Trump tells Michigan’s Republican chair
to ramp up outreach to Black voters in
Detroit, chair says 4 replies
to ramp up outreach to Black voters in
Detroit, chair says 4 replies
Former President Donald Trump is urging Republicans in Michigan to target Black voters in Detroit and other predominantly African American areas in the swing state, state GOP leaders said Monday.
Michigan GOP leaders, including the state party’s new chair, traveled to Florida to strategize the Trump campaign’s approach to winning the state in 2024. Much of the discussion centered on southeast Michigan, an area with large groups of minority voters who have been critical of President Joe Biden, particularly over his handling of the Israel-Hamas war that has caused high civilian casualties in Gaza.
Now they're trying to stop Capital One from acquiring the credit card company Discover.
That's a bizarre cease-and-desist order, because this acquisition by Capital One would INCREASE rather than inhibit competition in an industry that processes two-thirds of retail store and online transactions worth $5 trillion each year. Americans love swiping and tapping for their shopping.
To suggest that the acquisition of two companies that control less than 10% of the market is anti-competitive is a proposition that borders on the absurd.
For years the Federal Trade Commission and retailers have argued falsely that there isn't competition in the credit card market. There are dozens of credit cards issued by banks and retailers
Last Friday, terrorists attacked Moscow’s “Crocus City Hall” music venue, killing over a hundred people. My condolences to their families. Within a day, leaked footage showed a suspect getting his ear cut off and being made to eat it. Additional footage showed a suspect in great pain with electrical equipment attached to his genitals.
It was the type of gruesome footage from which we tend to turn away. We form our private opinions and don’t discuss them. I fear the silence allows some observers to regard this as extreme but effective justice. Perhaps people will tell themselves the word that has justified centuries of Russia’s self-inflicted tyranny: “order.”
Look at the Crazy List of Things Illegal
Immigrants Get for ‘FREE’ in Liberal Massachusetts 12 replies
Immigrants Get for ‘FREE’ in Liberal Massachusetts 12 replies
Liberal Massachusetts is overrun with illegal border crossers and there’s really no wonder why when you see the laundry list of things that are provided for ‘free’ courtesy of taxpayers in the Bay State.
All of these perks just act as incentives, driving more illegals into the state.
And remember, there are American citizens in Massachusetts who are poor and don’t get nearly as much from the state.
Longtime Boston talk host Howie Carr posted this list on his website: Three meals a day at $64 per person per diem.
Free on-site medical & dental services (including condoms).
Special diet for Ramadan.
Free same-day dry cleaning w/free pick up & delivery.
There he’s said it again
6 replies
There he’s said it again President López Obrador (in Spanish/English translation): We do and want to continue doing it, but we do want for the root causes to be attended to, for them to be seriously looked at.
With the ear of the White House – President López Obrador proposed his fix- that the United States commit $20 billion a year to poor countries in Latin America and the Caribbean, lift sanctions on Venezuela, end the Cuban embargo and legalize millions of law-abiding Mexicans living in the U.S. Sharyn Alfonsi: If they don’t do the things that you said need to be done, then what?
President López Obrador (in Spanish/English translation)
Constitutional law professor Jonathan Turley weighed in on Letitia James’ latest move to seize Trump’s assets.
Marxist New York Attorney General Letitia James on Thursday took the initial step to seize Trump’s assets. She filed judgments in Westchester County where Trump’s private estate and golf course is located.
President Trump has until Monday to either pay the judgment or convince the appellate court to allow him to defer the payment pending appeal.
Turley said James’ effort to seize his assets and padlock Trump Tower is not likely to happen because Trump’s properties are complex partnerships with leveraged debt.
Domination Through Chaos and Fear
16 replies
In the decade I served on a school board, I learned a great deal about group dynamics. The most important lesson, I suppose, is that there are people -- most often highly neurotic people -- who deliberately create chaos. They undermine every effort to rationally deal with issues that require solutions. They violate norms like crediting the work of committees that were designated to analyze what needs to be done and offer solutions for the board to act on, dispiriting those desirous of accomplishing what must be done. They go behind the backs of board members to undercut the systematic workings of the board,
The results of the Louisiana Republican primary are in and Trump won the day.
Louisiana is a ‘winner takes all’ state, so Trump also won every delegate.
Trump won Louisiana in the general elections of 2016 and 2020. Former President Trump, the likely GOP nominee, has won the Louisiana Republican presidential primary, Decision Desk HQ projected.
Trump went into the Louisiana primary with 1,636 pledged delegates and won all 47 delegates available Saturday. The state awards its delegates in a “winner-take-all” manner.
The former president has already crossed the threshold needed to clinch the party’s nomination, setting up a rematch between him and President Biden in November
Ronna McDaniel, who stepped down as chair of the Republican National Committee earlier this month, will join NBC News as a political analyst starting Sunday.
McDaniel is expected to contribute to both NBC and MSNBC. Her first appearance will be on Sunday on “Meet the Press,” where she will give her first interview since stepping down from the RNC. An NBC News spokesperson confirmed the move to POLITICO, which was first reported by The New York Times. “It couldn’t be a more important moment to have a voice like Ronna’s on the team,” Carrie Budoff Brown, who leads political coverage at NBC,
CNN data analyst Harry Enten recently cited a new poll which shows Trump with a nearly insurmountable lead over Biden on the issue of border security.
It’s very easy to understand why. It’s just amazing that CNN reported on this.
And remember, this is now the top issue for the 2024 election, even eclipsing the economy.
Mediaite reports: CNN elections analyst Harry Enten observed that polling suggests that President Joe Biden is on pace for the worst performance by a Democratic presidential candidate with Hispanics “since we started polling the gosh darn thing” in an appearance on Anderson Cooper 360 Wednesday night.
Most Active Articles (last 48 hours)
Pete Buttigieg said Wednesday there will be 'accountability' if an investigation finds there are specific entities or individuals responsible for the Baltimore bridge collapse.
The promise from the Transportation Secretary comes after President Joe Biden vowed the day the Francis Scott Bridge went down into the Patapsco River that the federal government would foot the bill for reconstruction.
The 1.6-mile bridge partially collapsed after a cargo shipping container vessel crashed into one of its support structures just before 1:30 a.m. on Tuesday morning.
Tulsi Gabbard For VP?
34 replies
Donald Trump either has a short list or a long one, depending on the media source, in his search for a running mate. Either way, he could do a lot worse than Tulsi Gabbard. At least she knows, unlike many establishment Republicans, just how malicious Democrats are, since she used to be one and saw the depravity up close.
Maybe Trump will choose Florida Sen. Marco Rubio, or New York Rep. Elise Stefanik. He might turn to Ben Carson, a Cabinet official in his previous administration, South Carolina Sen. Tim Scott, or South Dakota Gov. Kristi Noem. All would be
At least eight states are planning to ban the sale of new gas-powered cars in the next decade - and others are considering joining them.
Only zero-emission vehicles can be sold in participating states beginning from the 2035 model year, according to the Advanced Clean Cars II legislation.
The rule, which was first adopted by California, means that automakers and dealerships would be banned from selling new gas cars in these states from that point onwards.
Americans will not be forced to take their gas-powered cars off the road, however, and will still be able to buy used and secondhand gas vehicles.
These states have gone further
Former President Donald Trump received criticism for sharing scripture from a supporter who drew a parallel between his ongoing legal battles and Jesus Christ’s persecution.
“Received this morning—Beautiful, thank you!” Trump said on Truth Social, sharing the commentary he received from a supporter.
“It’s ironic that Christ walked through His greatest persecution the very week they are trying to steal your property from you. But have you seen this verse…?” the quote reads, pointing to Psalm 109:3-8.
A 9,000ft bridge in Maryland has collapsed after being struck by a container ship.
Astonishing footage shows the moment the vessel plowed into the Francis Scott Key Bridge in Baltimore, sending the colossal steel structure crashing into the Patapsco River, shortly before 1.30am Eastern.
There were no immediate reports of any casualties but there did appear to be traffic on the bridge at the time of the catastrophe.The US Coast Guard and the Maryland Transportation Authority confirmed the crash but provided no further details.
A livestream showed the disaster unfolding, with the vessel plowing into a pile holding up the central part of the bridge. The road and steel arches
Joe Biden told reporters on Tuesday that he hade taken the TRAIN over the Francis Scott Key Bridge “many times.”
Joe Biden: “About 1:30 a container ship struck the Francis Scott Key Bridge which I’ve been over many, many times commuting from the state of Delaware either by train or by car.”
That’s odd, considering their is no rail line on the bridge. The bridge was built for automobiles and trucks.
Via Brick Suit and Midnight Rider. (X Video)
Early this morning, the Francis Scott Key Bridge in Baltimore, MD, collapsed after a cargo ship collided with a support column, causing the bridge to collapse. The Francis Scott Key Bridge is a significant commuter route carrying the Baltimore Beltway I-695 over the Patapsco River at the southern end of the Baltimore Harbor.
There are no official reports on casualties yet; however, there are unconfirmed cars in the water and reports of several construction workers unaccounted for. As of just before 5 a.m. EDT, rescue crews have not pulled anyone out of the water. A road crew was fixing potholes on the bridge at the time. Two people were rescued
New York Democrat Gov. Kathy Hochul has proposed $2.4 billion in spending for migrants in her latest budget proposal, along with plans to spur residential development in a state with some of the highest rent and home prices in the country.
Hochul released her budget proposal on Tuesday to address the pressures facing the Empire State, one of which is Joe Biden’s continuing migrant crisis.
The Democrat suggested an additional $2.4 billion for migrant care in addition to the $1.9 billion the state spent in 2023, according to Politico.A large portion of the new spending is targeted for New York City.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday after being hit by a container ship — sending cars plunging into the water in what was quickly declared a mass-casualty event. [Snip] The container ship that crashed into a vital Maryland bridge early Tuesday "lost control" as it was leaving port and warned state officials of a possible collision, security officials said in an unclassified report.
Engineers have blamed the deadly collapse of Baltimore's Francis Scott Key bridge on a design flaw that is present in tens of thousands of US bridges.
Several experts told DailyMail.com that the Maryland bridge was missing critical protection systems that would have stopped the the nearly 105,000 ton container ship from smashing into the bridge's support.
The Francis Scott Key Bridge was built in 1977 and anti-collision devices like fenders or protection cells were not introduced until the 1980s.
Robert F. Kennedy Jr. named the Bay Area lawyer, entrepreneur and philanthropist as his running mate. She brings some welcome cash to what will be a costly effort to gain ballot access. Nicole Shanahan is a wild card.
Robert F. Kennedy Jr.’s vice presidential pick doesn’t have the kind of public persona typically associated with politicians. She’s not a frequent-flier on cable news, barely has a social media presence and is interested in some niche policy issues, like reproductive senescence, regenerative agriculture and gut biomes. But what Shanahan, 38, has is an abundance of wealth (which will come in handy as Kennedy mounts an expensive cross-country ballot access effort)
President Biden is jetting into New York on Thursday for a star-studded campaign fundraiser at Radio City Music Hall featuring a raft of celebrity performers and former Presidents Bill Clinton and Barack Obama. Pop superstar Lizzo, jazzy rap goddess Queen Latifah and Broadway’s Ben Platt will perform, and the three Democratic powerhouses will sit for a conversation moderated by late-night funnyman Stephen Colbert. First Lady Jill Biden will kick off the gala event, and some donors will get legendary photographer Annie Leibovitz to snap their picture with the three presidents. The event is expected to draw thousands of big and