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The black community’s best chance may be four more years of Trump
- The black community’s best chance may be four more years of Trump President Trump's support among black Americans aged 18 to 44 has doubled since he was elected.LightRocket via Getty Images I was recently chatting with a black friend who leans left politically when she said she would like to see President Trump win. I was surprised: She’s spoken out against the president on social media because of some of his past comments, especially when he told the Proud Boys “to stand back and stand by” during the first presidential debate. But my friend, like many young people in the black community, knows about Joe Biden’s history, which should repel far more black voters than Trump’s racially insensitive comments. I’m hardly the only black voter who feels this way. Biden’s policies have devastated the black community. The infamous 1994 crime bill, for example, which Biden authored, cost taxpayers $30 billion yet only reduced violent crime by 1.3 percent — and in the process, sent a shamefully high number of black youths to jail for marijuana crimes that some states have decriminalized. Or take Biden’s provision of a 1986 law that deemed crack cocaine significantly worse than powder cocaine. As a result, whites, who more often used powder cocaine, were treated with leniency, while blacks were disproportionately sent to prison for the same offenses. Given the choice before us, the best thing for the black community may be four more years of Trump. Why? Maybe then black voters will no longer be ignored and taken for granted by Democrats thereby making both parties work for their vote. It’s time to break the back of the Democratic Party and make its leaders actually address the issues that impact black lives. President Trump is not perfect. He has said things that have rightly upset black Americans. But he’s also uplifted the black community through policies like the First Step Act and opportunity zones. In fact, he’s been reaching out to the black community consistently since 2016, looking for ways to tackle issues such as rampant unemployment and prison sentencing disparities, while funding historically black colleges and universities — all of which Joe Biden could have addressed during his half-century in politics. I’ve never seen another president from either party invest so much energy into the black community. As a result, black people are listening. We see this in the polls. Trump’s support among young black voters (aged 18 to 44) has increased from around 10 percent in 2016 to 21 percent, according to UCLA Nationscape’s polling, and I believe the real percentage is even higher. Indeed, I’ve been watching closely on urban social media pages and seeing young African Americans post their support for Trump. Never before have I seen such widespread support among young African Americans for any Republican president. On a recent episode of my podcast, “Outloud with Gianno Caldwell,” football legend Herschel Walker expressed a similar sentiment. He said he gets many calls from players in the NFL who support Trump but cannot publicize their support out of fear of retribution. Polling data shows support for Trump trending upward among black and Hispanic men, many of whom are open to supporting an eager, enthusiastic president as they think the Democratic Party has taken them for granted. The black community has a genuine opportunity in this election. If enough blacks vote for Trump, the black vote will finally be competitive. Politicians will at long last actually care about producing positive results for the black community to woo black voters, rather than treating them as another box to check. The black vote hasn’t been competitive in decades, since Democrat Lyndon Johnson reportedly said, “I will have those n—ers voting Democratic for the next 200 years.” For five-plus decades, Republicans haven’t made a sincere effort to counter that monopolistic hubris — until Trump. We have an opportunity to force both parties to offer their best deals to black Americans and improve the black community in a way that has never happened before. It’s time to make the black vote competitive again. Gianno Caldwell is a Fox News Political Analyst, host of the podcast “Outloud with Gianno Caldwell” and author of “Taken for Granted: How Conservatism Can Win Back the Americans That Liberalism Failed.”
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- Animal Rights
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The black community’s best chance may be four more years of Trump
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US judge blocks TikTok ban, calls security threat ‘hypothetical’
- US judge blocks TikTok ban, calls security threat ‘hypothetical’ SOPA Images/LightRocket via Gett TikTok got yet another reprieve on Friday after a federal judge blocked a Trump administration ban which would have effectively shut down the Chinese-owned app in the US on Nov. 12. The Pennsylvania judge issued a preliminary injunction Friday that will stop US officials from restricting the popular video platform’s web hosting and content delivery after three TikTok users argued that it would stop them from being able to make a living. The judge wrote that because TikTok videos can be deemed “informational materials,” the president’s ban would stop the spread of the videos in addition to blocking “business-to-business transactions.” “[The ban] will have the effect of shutting down, within the United States, a platform for expressive activity used by approximately 700 million individuals globally,” the judge wrote. “Over 100 million of these TikTok users are within the United States, and at least 50 million of these US users use the app on a daily basis.” The judge added that “the Government’s own descriptions of the national security threat posed by the TikTok app are phrased in the hypothetical,” and that they “cannot say the risk presented by the Government outweighs the public interest” in keeping TikTok running. The government parties in the suit — which include President Trump, the Department of Commerce and Commerce Secretary Wilbur Ross — have argued that the TikTok’s parent company ByteDance has direct ties to officials in Beijing and could siphon personal information from American TikTok users that could then be used against the country. US officials couldn’t immediately be reached for comment about the Friday ruling.
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- Animal Rights
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US judge blocks TikTok ban, calls security threat ‘hypothetical’
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[단독외신] Jittery Wall Street banks brace for election-fueled uncertainty
- [단독외신] Jittery Wall Street banks brace for election-fueled uncertainty Getty Images Large Wall Street banks have been running “war game” drills in their trading businesses and preparing clients for unexpected scenarios around next week’s elections, hoping to avoid liquidity crunches or technical errors as markets react to news of who will be running the White House and Congress, industry sources said. There is more confidence now than a few weeks ago that there will be a clear presidential winner, because Democrat Joe Biden has moved up in polls against incumbent Republican President Trump. However, the two men are tied in some key states, according to the latest Reuters/Ipsos poll, suggesting it may not be a slam dunk. Traders, bankers and wary fund managers told Reuters they are preparing for a wide range of outcomes. One bank’s equities desk has been running drills across major trading hubs in New York, London, Paris and Hong Kong for a variety of scenarios to make sure systems can handle enormous volatility, an executive there told Reuters. That bank has been reaching out to top customers to get a sense of how much they expect to trade and ask whether they need margin limits increased, and to suggest they send orders through approved electronic systems rather than calling, to avoid inadvertent mistakes, the person said. Another global lender hired its own polling firm to check popular assumptions and prepare for unforeseen possibilities, an executive there said. The polling firm’s work underscored the common assumption that Biden is likely to win, but the bank is preparing for other scenarios anyway, said the executive who, like some others, spoke on the condition of anonymity to discuss non-public internal planning. Only the most daring investors are going into Nov. 3 with large trading positions, several sources said. Most do not want to be forced sellers if they get things wrong. Plus, even those who bet correctly risk the chance of a drawn-out election battle where markets flip back and forth for weeks or months. “I don’t think anybody is willing to bet on any particular outcome,” said Peter Kraus, a former executive at Wall Street banks including Goldman Sachs who founded asset management firm Aperture Investors in 2018. “The rational thing to do is to take your risk down.” If Kraus were running a trading desk at a major bank today, he would tell traders to take as neutral a position as possible, he said. “I would much rather be coming into the election with a set of flat positions and liquidity and, if the worst happened, I would be able to service the trading volume,” he said. Since banks began preparing for the election, polls and circumstances have shifted several times – making lenders more jittery about any assumptions, even days before the event. In late September, bankers told Reuters they were prepping for a situation with no clear winner. Volatility has already begun to pick up in equity and currency markets over rising coronavirus statistics, giving some traders and bankers a queasy feeling about the days ahead. Contingency planning around major events is not unusual for major global banks, which face regulatory stress tests each year to ensure they have enough capital and liquidity to survive extreme scenarios. Big trading firms conduct similar trials, as do exchanges that have been planning for soaring volumes and technical glitches, as Reuters reported on Thursday.
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- Animal Rights
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[단독외신] Jittery Wall Street banks brace for election-fueled uncertainty
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[단독외신] Disneyland Paris closes amid second COVID-19 lockdown in France
- [단독외신] Disneyland Paris closes amid second COVID-19 lockdown in France Enlarge Image Getty Images Disneyland Paris is temporarily closing again as France enters a second nationwide lockdown to slow the spread of the coronavirus. The closure, which took hold at the end of the day Thursday, is another blow for Disney, which has been trying to reopen its flagship Disneyland theme park in California. Disneyland Paris, which had reopened July 15 following a mid-March shutdown along with the rest of Disney’s parks, said in a statement that the closure is “in line with the latest direction from the French authorities,” and that it hopes to reopen for the holiday season. The theme park said it will be taking reservations from Dec. 19 through Jan. 3 “and hope(s) to be open based on prevailing conditions and government guidance at that time,” adding that it will be closed after that, from Jan. 4 through Feb. 12. France’s President Emmanuel Macron said Wednesday that the country would go in lockdown that will last until at least Dec. 1. Non-essential businesses, restaurants and bars will be closed starting Monday as the country battles a surge in coronavirus infections that hospitals warn could cause capacity issues. Meanwhile, the virus in the US has continued to surge and there are question marks around whether Disneyland in California will reopen anytime soon and if the Orlando, Fla.-based Disney World in Orlando, which reopened in July, will be forced to shut down. Although there are a handful of Disney theme parks currently open across the globe, all 12 of its parks in North America, Asia and Europe were closed between March and May. As a result, in the first half of the year, Disney suffered a $6.2 billion dip in revenue from the same period last year. Last month, the company said it plans to lay off 28,000 workers at its California and Florida theme parks.
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- Animal Rights
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[단독외신] Disneyland Paris closes amid second COVID-19 lockdown in France