May..

 

Soonish..

 

Going..

Chinese and Taiwanese warships played high seas “cat and mouse” on Sunday ahead of the scheduled end of four days of unprecedented Chinese military exercises launched in reaction to a visit to Taiwan by U.S. House Speaker Nancy Pelosi.

Pelosi’s visit last week infuriated China, which regards the self-ruled island as its territory and which responded with test launches of ballistic missiles over the island’s capital for the first time and the cutting of some areas of dialogue with Washington.

In a statement later on Sunday, the ministry said it had detected 14 Chinese warships and 66 Chinese aircraft in and around the Taiwan Strait.  But a late-evening commentator on Chinese state television said the Chinese military would now conduct “regular” drills on the Taiwan side of the line, saying the “historic task” of China’s “reunification” could be realized.

Starting a war over there, so we can take the talk away from the Misery at home. Just a thought. Just a thought.

One..

 

Photo..

 

Anyone knows the goal for this visit or the USA-White House Policy here?

Act..

 

Onward...

 

In a week full of big economic-news releases, before the U.S.  learned we’ve experienced two consecutive quarters of the GDP shrinking, the traditional definition of a recession.

Treasury secretary Janet Yellin and other Biden officials are already arguing that we’re not in a recession which seems like a clear hint that they expect Thursday’s numbers to be ugly. But to the average American, “recession” is a synonym for “economic hard times” and with inflation at 9.1 percent, lots of Americans feel squeezed.

Yellin said most Americans define recessions as similar to those that have occurred in the past: "Substantial job losses and mass layoffs, businesses shutting down, private sector activities slowing considerably, family budgets under immense strain ... a broad-based weakening of our economy."  "That is not what we're seeing right now."

Her remarks extended the Biden administration's concerted pushback against recession talk after the Commerce Department reported earlier on Thursday that U.S. GDP shrank 0.9% in the second quarter, on top of a 1.6% contraction in the first quarter.

Loot..

 

Former Obama White House education advisor Seth Andrew was sentenced Thursday to a year-and-one-day in federal prison for a scheme to steal $218,000 from a New York charter school network he founded.

He was arrested in April 2021 on charges of wire fraud, money laundering and making false statements to a financial institution. He pleaded guilty in January to wire fraud.
 .
Andrew, who is the husband of CBS News anchor Lana Zak, founded Democracy Prep Public Schools in 2005.

Prosecutors said that in 2019 — more than two years after severing ties with Democracy Prep — he looted money from escrow accounts belonging to individual schools in the charter school network.

 Did he realy needed that money?  Just a thought.

Fired..

 

China fired multiple missiles toward waters near northeastern and southwestern Taiwan on Thursday, the island's Defense Ministry said, as Beijing makes good on its promise that Taipei will pay a price for hosting US House Speaker Nancy Pelosi.

The Chinese military's Eastern Theater Command said in a statement that multiple missiles had been fired into the sea off the eastern part of Taiwan. It said all the missiles hit their target accurately.

"The entire live-fire training mission has been successfully completed and the relevant air and sea area control is now lifted," China's statement said. Earlier, the Eastern Theater Command said it had conducted long-range, live-fire training in the Taiwan Strait, state broadcaster CCTV reported, as part of planned military exercises around the island.

Pariah..

 

President Biden’s trip to Saudi Arabia was deemed a failure by analysts after oil-producing states announced Wednesday that they would boost output by just 100,000 barrels a day starting next month — a drop in the bucket compared to America’s vast energy needs.

Despite the diplomacy, the cartel opted to keep supplies tight while prices remain high. The 100,000 barrels a day boost is a far cry from the 648,000-barrels-a-day increase that was announced in June.

Biden reversed his campaign pledge to treat bin Salman as a “pariah”

This man, our President, say anything without logic or proper thinking and end up reversing his campaign pledge. Remember No Drill Kiddoo? 

 Just a "Reversed Pledge" thought