#Zero tax on term insurance claim

[term-insurance]

Tax Benefits on Term Insurance I 1.5 Lakhs Tax Benefits I Zero tax on claimed benefits

Term Insurance Tax Benefits

1.5 Lakh on Premium

Zero tax on benefits.

In Section 10(10D) of Income Tax Act 1961, it states that any maturity proceeds received from a term insurance policy (if the policyholder is alive) or the Insurance amount received (in case of death of the policyholder) will be exempt from Tax.

In the recent Finance Bill, 2023, Ministry of Finance introduced a provision stating that in order to avail this exemption, the premium payable for such insurance policy must not exceed Rs 5 Lakhs if the policy is issued on or after 1st April, 2023.

In case, policyholder has taken more than one such policy, the aggregate premium paid across all such policies shouldn’t exceed Rs 5 Lakhs.

So, in addition to providing deduction for premium paid for term insurance from Income, it offers benefit of tax free maturity proceeds as well.

Add-On benefits of reading the description - https://shorturl.at/lnx24

Topics covered in this video 👇

Tax Benefits of Term Insurance 1.5 Lakh Tax Benefits on Term Insurance Zero tax on term insurance benefits Zero tax on term insurance claim Zero tax on term insurance death benefits 1.5L Tax Benefits on Premium 1.5 Lakh Tax benefits on premium 1.5 Lac Tax benefits on premium How to save tax in term insurance

[insuremileblog-blog]

Choosing the Right Insurance: Protecting Your Car and Family

When it comes to safeguarding the things that matter most in life, two key areas stand out: your car and your family's health. Insuremile, a trusted name in the insurance industry, offers comprehensive solutions to ensure both your vehicle and your loved ones are well-protected. With a range of insurance products tailored to meet diverse needs, Insuremile provides peace of mind, knowing that you’re covered in times of unexpected events.

Why Car Insurance is Essential

Insurance Car is not just a legal requirement in most places; it’s a critical component of financial protection. Accidents can happen at any time, and the costs associated with repairs, medical bills, and legal fees can be overwhelming. Here’s why having the right car insurance is crucial:

Financial Protection: Car insurance provides financial coverage for damages caused by accidents, whether it's your fault or not. Without insurance, you could be left paying out of pocket for costly repairs and medical expenses.

Liability Coverage: If you cause an accident that results in injury or property damage, liability coverage can protect you from the financial fallout. This includes legal fees, medical costs, and compensation for the other party.

Comprehensive Coverage: Comprehensive car insurance goes beyond accidents. It covers your vehicle against theft, vandalism, natural disasters, and other non-collision-related damages, ensuring you’re protected in a wide range of scenarios.

Peace of Mind: Knowing you have the right insurance policy gives you confidence on the road. Whether you're commuting daily or taking a long road trip, you can drive with the assurance that you're covered in case of an emergency.

Support During Claims: Dealing with the aftermath of an accident can be stressful. Insuremile’s dedicated support team ensures that the claims process is smooth and hassle-free, helping you get back on track quickly.

Key Features of Insuremile’s Car Insurance

Insuremile offers a variety of car insurance plans designed to cater to different needs and budgets. Here are some key features:

Third-Party Liability Coverage: This mandatory coverage protects you against legal liabilities arising from injury or damage to third parties.

Own Damage Cover: This covers repairs or replacement of your vehicle in case of an accident, fire, theft, or other damages.

Add-On Covers: Enhance your policy with add-ons like zero depreciation, engine protection, roadside assistance, and more, for comprehensive coverage.

No Claim Bonus: Insuremile rewards safe drivers with a no-claim bonus, which reduces your premium if you haven’t made any claims during the policy term.

Cashless Repairs: With a network of authorized garages, Insuremile offers cashless repairs, making the process seamless and convenient.

Family Health Insurance: Securing Your Loved Ones' Well-Being

In today’s world, health insurance is a necessity, not a luxury. Medical emergencies can strike without warning, and the costs associated with treatment can be exorbitant. A family health insurance plan from Insuremile ensures that your loved ones receive the best care without financial strain.

Why You Need Family Health Insurance

Comprehensive Coverage: A family health insurance plan covers the medical expenses of all members under a single policy. This includes hospitalization, surgery, doctor consultations, prescription drugs, and more.

Affordable Premiums: Family plans are generally more cost-effective than individual policies. By insuring your entire family under one plan, you save on premium costs while enjoying comprehensive coverage.

Cashless Treatment: Insuremile partners with a wide network of hospitals to offer cashless treatment options. This means you can focus on recovery without worrying about immediate out-of-pocket expenses.

Tax Benefits: Health insurance premiums qualify for tax deductions under Section 80D of the Income Tax Act, providing financial relief while securing your family’s health.

Peace of Mind: Knowing that your family is covered in case of medical emergencies allows you to live stress-free. Whether it's routine check-ups or critical care, your insurance plan has you covered.

Features of Insuremile’s Family Health Insurance Plans

Insuremile’s Family Health Insurance Plans are designed to provide extensive coverage with flexible options:

In-Patient Hospitalization: Covers all hospitalization expenses, including room charges, doctor fees, surgery costs, and more.

Pre and Post-Hospitalization: Expenses incurred before and after hospitalization are also covered, ensuring comprehensive care.

Day Care Procedures: Advances in medical technology mean many procedures no longer require extended hospital stays. Insuremile covers these day care treatments.

Maternity and Newborn Cover: Some plans offer coverage for maternity expenses and newborn care, providing peace of mind for growing families.

Critical Illness Cover: Opt for an add-on that covers life-threatening illnesses, ensuring your family is financially protected during challenging times.

Wellness Benefits: Insuremile offers wellness benefits such as health check-ups, discounts on pharmacy bills, and access to health and fitness programs.

Conclusion

Insuremile stands as a reliable partner in safeguarding what matters most—your car and your family. With robust car insurance policies and comprehensive family health insurance plans, Insuremile ensures you’re prepared for the unexpected. Protect your vehicle from the uncertainties of the road and secure your family’s health with the best insurance coverage available. Choose Insuremile today and drive through life with confidence and peace of mind.

[reitmonero]

Understanding Tax Credits: Opportunities for Small Business Savings

Tax credits can be a powerful tool for small businesses, offering opportunities to reduce tax liabilities and maximize savings. This guide will walk you through understanding and leveraging tax credits, covering various types, eligibility criteria, and how to apply them effectively.

1. Introduction to Tax Credits

1.1 What Are Tax Credits?

Tax credits are incentives provided by the government to reduce a business's tax liability. Unlike deductions, which reduce taxable income, tax credits directly reduce the amount of tax owed.

1.2 Types of Tax Credits

Nonrefundable Credits: These can reduce your tax liability to zero but will not result in a refund if the credit amount exceeds the liability.

Refundable Credits: These can reduce your tax liability to below zero, resulting in a refund of the excess amount.

Partially Refundable Credits: These offer a combination of nonrefundable and refundable features.

2. Identifying Relevant Tax Credits for Small Businesses

2.1 Federal Tax Credits

Research & Development (R&D) Tax Credit: For businesses investing in innovation and technological advancements.

Work Opportunity Tax Credit (WOTC): For hiring individuals from specific target groups, such as veterans or long-term unemployed.

Disabled Access Credit: For businesses that make their facilities accessible to individuals with disabilities.

Small Business Health Care Tax Credit: For providing health insurance to employees through the SHOP marketplace.

2.2 State and Local Tax Credits

State R&D Tax Credits: Similar to federal R&D credits but provided by state governments.

Job Creation Tax Credits: Offered for creating new jobs within a specific state or locality.

Energy Efficiency Credits: For implementing energy-efficient practices or installing renewable energy systems.

2.3 Industry-Specific Credits

Film and Production Credits: For businesses involved in film production or related activities.

Agricultural Credits: For farmers or agricultural businesses investing in sustainable practices or technology.

3. Determining Eligibility

3.1 General Eligibility Criteria

Business Structure: Ensure your business structure (sole proprietorship, partnership, corporation) aligns with credit requirements.

Activity or Investment: Confirm that your business activities or investments qualify for specific credits (e.g., R&D activities or accessibility improvements).

3.2 Specific Eligibility Requirements

Income and Employment Thresholds: Some credits require meeting specific income levels or employment thresholds.

Geographic Requirements: Certain credits are only available if your business operates in specific regions or states.

Documentation and Compliance: Be prepared to provide necessary documentation and adhere to compliance requirements for claiming credits.

4. Applying for Tax Credits

4.1 Research and Documentation

Identify Applicable Credits: Review available credits and determine which apply to your business.

Gather Documentation: Collect necessary records, such as financial statements, proof of expenses, or employment records, to support your claim.

4.2 Filing Procedures

Federal Credits: Use IRS forms such as Form 6765 (for R&D credits) or Form 5884 (for WOTC) to claim federal credits.

State and Local Credits: Follow your state's specific guidelines and use appropriate forms or applications.

Industry-Specific Procedures: Comply with additional requirements for industry-specific credits.

4.3 Working with Tax Professionals

Consult with an Accountant: A tax professional can help ensure you're claiming all eligible credits and handling documentation correctly.

Utilize Tax Software: Tax software often includes features to help identify and apply for applicable credits.

5. Maximizing Tax Credit Benefits

5.1 Strategic Planning

Integrate Credits into Financial Planning: Factor potential tax credits into your overall financial strategy to optimize savings.

Monitor Changes in Tax Laws: Stay updated on changes in tax credit laws and regulations that may impact your eligibility.

5.2 Regular Review and Adjustment

Annual Review: Regularly review your eligibility for tax credits as part of your annual financial review.

Adjust Strategies: Modify your business practices or investments to take advantage of new or expanded tax credits.

6. Common Pitfalls to Avoid

6.1 Missing Eligibility Criteria

Ensure you thoroughly understand and meet all eligibility criteria to avoid missed opportunities.

6.2 Inaccurate Documentation

Maintain accurate and complete documentation to support your claims and avoid issues with the IRS or state tax authorities.

6.3 Ignoring Credit Changes

Stay informed about changes in tax credit laws or regulations to ensure you’re not overlooking valuable opportunities.

7. Conclusion

Tax credits offer significant savings opportunities for small businesses. By understanding the types of credits available, determining your eligibility, and applying effectively, you can reduce your tax liability and enhance your financial stability. Regularly review and strategize to make the most of these valuable incentives.

Final Tips:

Keep Records Organized: Good record-keeping is crucial for claiming and maintaining tax credits.

Seek Professional Advice: Tax professionals can provide valuable insights and ensure you’re maximizing your credit opportunities.

[investoptionwin]

What Types of Two-Wheeler Insurance are Available in India?

When it comes to protecting your two-wheeler, having the right insurance policy is crucial. In India, various types of two-wheeler insurance policies cater to different needs, offering financial security in case of accidents, theft, or other unforeseen events. Let’s explore the types of two-wheeler insurance available in India.

1. Third-Party Liability Insurance

Third-party liability insurance is the most basic type of two-wheeler insurance mandated by law in India. It covers the financial liabilities arising from damages or injuries caused to a third party by your bike. While it’s the most affordable option, it doesn’t cover damages to your own vehicle.

Key Takeaway: Essential for legal compliance but limited in coverage.

Keywords: bike insurance third party, insurance policy for bike.

2. Comprehensive Insurance

Comprehensive insurance provides extensive coverage, including third-party liabilities and damages to your own vehicle. Whether your bike is damaged in an accident, by natural calamities, theft, or vandalism, this policy has you covered. It also allows you to add optional covers like personal accident cover, zero depreciation, etc.

Key Takeaway: Offers broad coverage but comes at a higher premium.

Keywords: two wheeler insurance, 2 wheeler insurance, bike insurance price.

3. Standalone Own-Damage Insurance

As the name suggests, this policy only covers the damages to your bike. If you already have third-party insurance, you can opt for standalone own-damage insurance for additional protection. It’s particularly useful when you want to enhance your coverage without switching your existing policy.

Key Takeaway: Flexibility to upgrade protection without changing the third-party policy.

Keywords: two wheeler insurance online, transfer bike insurance.

4. Personal Accident Cover

While not a standalone insurance policy, personal accident cover is often included in comprehensive and standalone own-damage policies. It provides financial compensation in case of accidental death or permanent disability of the rider. It’s a crucial add-on for enhanced personal protection.

Key Takeaway: Essential for safeguarding the rider against personal risks.

Keywords: bike insurance near me, insurance policy for bike.

5. Long-Term Two-Wheeler Insurance

Long-term insurance policies offer coverage for 2–3 years, saving you from the hassle of annual renewals. This type of insurance can be more economical as insurers often offer discounts on long-term policies. Plus, it shields you from annual premium hikes.

Key Takeaway: Convenient and potentially cost-saving option.

Keywords: two wheeler insurance, 2 wheeler insurance, transfer bike insurance.

6. Zero Depreciation Cover

Zero depreciation cover is an add-on to the comprehensive policy. It ensures that you receive the full claim amount without any deduction for depreciation on parts. It’s particularly beneficial for new bikes, ensuring that you don’t bear the cost of parts depreciation during repairs.

Key Takeaway: Maximizes claim value by covering the full cost of repairs.

Keywords: insurance policy for bike, two wheeler insurance online.

7. Return to Invoice Cover

This add-on cover is ideal for new bike owners. In case of total loss or theft, the insurer compensates you with the full invoice value of the bike, including registration and road tax, rather than the depreciated value. This ensures you get the actual value of your bike back.

Key Takeaway: Protects you from financial loss in case of total loss or theft.

Keywords: bike insurance price, bike insurance third party.

Conclusion

Understanding the different types of two-wheeler insurance available in India allows you to make an informed decision when purchasing a policy. Whether you’re looking for basic third-party coverage or comprehensive protection with add-ons, there’s a policy to suit every need. Always compare policies online, consider your specific requirements, and choose a policy that offers the best protection for your bike.

Choosing the right insurance not only provides financial security but also ensures peace of mind while riding.

[maranofamilylawyers]

Lawyers in Hurstville

A lawyer is a trained professional who can help you resolve your legal issue. They can help you with issues such as compensation claims, family law, and criminal law. They can also advise you on property matters and wills.

The team at Go To Court Lawyers Hurstville is dedicated to helping their clients find solutions to their legal problems. They are experts in drink and drug driving law and will guide you through the process of defending yourself against a charge.

Family law

Family law is a legal field that addresses the Lawyers Hurstville of family disputes, divisions and obligations. This includes divorce and separation, child custody and visitation rights, property and financial settlements and domestic violence cases. A family lawyer will advise on the best legal pathways for your circumstances and provide representation in court if necessary.

A Hurstville family lawyer can assist you with numerous matters relating to your relationship, including drafting and negotiating formal agreements, mediation, arbitration, and court proceedings. They will guide you through the emotional stress of a separation or divorce and advocate on your behalf to ensure that your interests are protected. They will also prepare binding financial agreements and assist with matters involving de facto relationships.

Antony Mastrogiannis is an experienced Hurstville compensation lawyer. He has represented many large businesses and insurance providers, and he has a thorough awareness of the legal concepts behind compensation claims. He is an accredited specialist in personal injury and workers’ compensation law.

Drink and drug driving

It is widely accepted that driving while under the influence of alcohol or drugs poses a risk to motorists and other road users. That is why many states have enacted legislation that criminalizes the use of both illegal and legal drugs while driving. Some of these laws are zero tolerance, meaning that any measurable amount of a drug can lead to a DUI charge. Other state’s DUI drug laws require that the DA’s office prove that the drug impaired the person’s ability to operate a vehicle safely.

Antony Mastrogiannis is a well-respected Hurstville based lawyer that specialises in compensation law. He is the principal & solicitor at AM Legal Compensation Lawyers and is an accredited specialist that stays abreast of the latest legal changes. He is committed to achieving successful outcomes for his clients and providing excellent client service. Contact him to discuss your needs today. He will be happy to assist you. He can also help you resolve your family matters.

Wills and estates

Creating a will and setting up trusts are important estate planning tools that protect your family’s future. A lawyer will help you draft a document that clearly outlines your wishes and minimizes taxes. They will also guide you through the probate process, which can be complicated. Choosing trustees for your trusts is a critical decision that should be made with care. They must act in accordance with the terms of your trust and follow a fiduciary duty to the beneficiaries.

Mortgage law in Hurstville is governed by state and federal laws, which dictate the steps to acquiring a home, how user rights are protected, and what to expect during foreclosure or repossession. These laws help ensure responsible lending and promote consumer protection. A lawyer can also provide assistance with mortgage due diligence, ensuring that your transaction is legal and compliant. This service includes reviewing contracts, conducting title searches, and negotiating terms. You can find a reputable solicitor for this type of work by asking friends and family for recommendations or researching online.

Criminal law

A criminal Family Lawyer Sydney is a legal professional who defends individuals against charges of criminal offenses. They often assist with bail matters and provide advice on plea bargaining. They also help clients understand their rights and obligations. They can handle a variety of crimes, including domestic violence crimes, drug offences, sex crimes, and white-collar fraud.

The criminal law is governed by various local laws, such as the Bail Act 2013 and Crimes Act 1900 (NSW). The latter details the different types of crimes and their associated penalties. The former stipulates how bail applications are to be processed, as well as the criteria for refusing or granting them.

If you are facing a criminal case, it is important to seek legal assistance as soon as possible. There are many options for finding solicitors, including online directories and platforms like Lawzana. Choosing the right solicitor for your case will ensure that you get the best results and the most affordable prices.

[martynwalker]

Wishi Rishi

In the damp halls of Westminster, Rishi doth declare,

A kitchen sink manifesto, promises thin as air.

With pledges vast and hopes contrived,

Yet will it cut through? Few are convinced or revived.

First, to taxes, where illusions lie,

A 2p cut in national insurance, a fleeting sigh.

Income tax for pensioners, a token nod,

Child benefit expansion, a convenient facade.

To education, 'Mickey Mouse' degrees to scrap,

Free childcare, a hollow gift in parents' lap.

In defence, national service for the youth,

An outdated notion, far from the truth.

Defence spending targets for 2030's light,

Promises to bolster, but who believes the sight?

Welfare reforms, twelve billion saved,

Austerity's mask, by new rules engraved.

GPs relieved of sick notes’ chore,

Shifting burdens, nothing more.

Crime's grand plan, eight thousand strong,

Police numbers touted, a familiar song.

Sentences increased, a harsher line,

First and second degree murder, a borrowed design.

Housing hopes with stamp duty's cease,

Up to £425k, a temporary peace.

No-fault evictions to end, they say,

Green belts protected, but for how long, who can say?

Immigration caps, work visas in the fray,

Family reunions slowed, a cynical play.

Illegal routes, Rwanda's talk renewed,

Third countries’ deals, a policy skewed.

ECHR reforms, all options in jest,

Health investments, a strained NHS.

£2.4bn for training, a short-term fix,

Waiting lists to shorten, with AI in the mix.

Social care's echo, Boris’s old tale,

A delayed package, destined to fail.

Net zero claims, with costs to veil,

Promises made, but will they prevail?

Thus, Rishi stands with grand façade,

A nation’s scepticism, the unspoken nod.

Will these pledges sway the day?

Or dissolve like mist at dawn’s first ray?

#Westminster #RishiSunak #Manifesto #TaxCuts #PublicSpending #NationalInsurance #IncomeTax #ChildBenefit #EducationReform #Childcare #NationalService #DefenceSpending #WelfareReform #GPResponsibility #CrimePolicy #PoliceNumbers #SentencingReform #MurderClassification #HousingPolicy #StampDuty #NoFaultEvictions #GreenBeltProtection #ImmigrationPolicy #VisaCaps #IllegalImmigration #RwandaPolicy #ECHRReform #HealthInvestment #AIInHealthcare #SocialCare #NetZero #VoterScepticism #PoliticalPromises

[homesteadinsurance]

Comparing Zero Depreciation & Return to Invoice Covers in Auto Insurance in Medina and Strongsville, Ohio

Securing a car with an insurance policy helps protect against financial losses that may arise from third-party liabilities or damages to the vehicle. When owning a vehicle in Medina and Strongsville, Ohio, purchasing third-party insurance is mandatory. That said, opting for a comprehensive plan is the wiser choice. Comprehensive auto insurance in Medina and Strongsville, Ohio, provides additional protection for vehicles against unexpected damages, but it does not include coverage for vehicle depreciation or ownership expenses. One way to get this coverage is by paying an extra premium or choosing add-on riders. Zero depreciation cover and return to invoice cover are two common types of riders that provide extra protection to any vehicle. ​ Comparing the differences between zero depreciation and return to invoice covers:

What's a zero-depreciation cover?

Through consistent use, the worth of a vehicle decreases gradually. The vehicle's value depreciates mainly because of the wear and tear of its parts. When the vehicle's market value decreases, the cost of the claims filed against it also decreases. If a vehicle sustains damage in an accident, the insurance company will cover repair expenses minus the depreciation of the repaired or replaced parts.

Ensure sufficient coverage against claims by choosing the zero-depreciation add-on rider. Having the Zero Depreciation car insurance add-on makes car owners eligible to claim the depreciation value, saving out-of-pocket expenses. This add-on can be purchased for five years from the vehicle purchase date. Insurers usually establish a cap on the amount of zero depreciation and basic insurance claims that can be filed in a year. Remember that with a zero-depreciation policy, the insurer might subtract certain mandatory and voluntary deductibles.

What's Return to Invoice?

For a comprehensive insurance plan, the premium charged by insurers is primarily determined by the estimated market value of the vehicle. That value is referred to as the insured declared value (IDV). If an accident occurs where the vehicle is extensively damaged or stolen, the insurance company will provide compensation equivalent to the vehicle's current market value.

With the Return to Invoice add-on, the insurer covers the purchase or invoice value of the bike, along with registration charges and road tax. It is applicable only when repair costs are over 75% of the IDV, and the vehicle is under three years old. Consider selecting the RTI as a car insurance add-on in an accident-prone region. Typically, the RTI add-on comes at a higher cost and can significantly raise the premium amount.

Zero Depreciation versus Return to Invoice: What's the Difference?

Three fundamental differences exist between zero depreciation and return to invoice covers.

The Zero Depreciation car insurance add-on covers the depreciation of a vehicle's parts being repaired or replaced. An additional feature called Return to Invoice covers the cost of the vehicle in case it is stolen or damaged beyond repair.

Zero depreciation helps cover the gap between repair or replacement costs and their depreciation value. Returning to the invoice helps bridge the gap between the purchase cost and the IDV.

Zero depreciation coverage can be obtained for a maximum of 5 years from the vehicle purchase, while the RTI add-on is accessible for three years from the vehicle purchase.

Insurance add-ons can enhance insurance policies by covering losses not included in the base plan. Consider the location and required coverage to select appropriate add-ons for optimal benefits.

Important: To understand risk factors, terms, and conditions, carefully review the sales brochure before finalizing a purchase. The discount amount may vary depending on the vehicle specification and place of registration. Just like home insurance quotes in Fairlawn and Medina, Ohio, it is essential to compare different insurance add-ons and understand their benefits before making a decision. Additionally, consulting with an insurance agent ensures one of the best coverage for all their needs. 

[ailtrahq]

Earlier today, John Reed Stark, a digital regulatory compliance expert with 15 years as an SEC enforcement attorney, shared an exhaustive critique of the NFT market and the broader crypto industry on social media platform X (formerly known as Twitter). Stark likened the NFT market to “Pet Rocks on Steroids” and cautioned that the crypto market is following a similar downward spiral. Stark cited a recent study revealing that 95% of 73,257 NFT collections analyzed now have a market capitalization of zero ether. The most common price for an NFT has dwindled to between $5 and $10. He argued that the NFT market is not just inorganic but is also manipulated to a large extent. He claimed that market manipulation and fraud are not only rampant but also encouraged, creating an environment where venture capitalists and Wall Street profiteers have exploited retail buyers. Turning his attention to the broader crypto industry, Stark described it as a modern-day adaptation of fables like “The Emperor Has No Clothes” and “The Pied Piper of Hamelin.” He elaborated on why crypto fails as an investment, citing the absence of regulatory oversight, transparency, consumer protections, insurance, licensure, and net capital requirements. Stark also pointed out that the crypto market is rife with market manipulation, insider trading, and fraud, making it a perilous venture for investors. Stark also criticized crypto’s failure as a currency, noting its price volatility, high fees, and burdensome taxes. He argued that these factors make it impractical for anyone to accept crypto as payment, as its value could plummet the next day. He also highlighted that crypto lacks utility and intrinsic benefit, making it a poor store of value. In terms of financial inclusion, Stark debunked the notion that crypto serves as a financial equalizer for the unbanked. He cited multiple studies and reports that indicate crypto has evolved into a form of affinity fraud, disproportionately affecting disadvantaged and disaffected communities. Stark emphasized that crypto’s current capabilities do not align with the needs of the groups it claims to serve, thereby worsening their financial situations. Stark also discussed the stark contrast between traditional financial systems, which he says have some form of government protection, unlike crypto platforms, which he believes lack such safeguards. He mentioned that in the rare instance of bank failure, there are statutory guardrails like insurance and federal ownership to protect depositors. However, he points out, that when a crypto platform fails, no such U.S. government protections exist, leaving customers vulnerable. Additionally, Stark touched upon the limitations of blockchain technology. He described it as a glorified, append-only, limited writer spreadsheet and immutable ledger that provides little utility. He warned that blockchain faces significant obstacles to evolving into the financial and societal solution its promoters have promised for over 15 years. In his concluding remarks, Stark labeled the crypto ecosystem as inherently fraudulent. He warned that this contagion is spreading, turning victims into victimizers, leading to the disappearance of fiat currency, and resulting in a cycle of criminality deeply rooted in the crypto ecosystem. On 18 August 2023, Stark expressed skepticism about the likelihood of SEC approval for a Bitcoin Spot ETF. Stark cited a study indicating widespread market manipulation in the crypto sector, particularly involving automated bots on social media platforms like Twitter. He highlighted the case of FTX hedge fund Alameda Research as an example. Stark criticized the crypto market for its lack of traditional financial metrics, making valuation more speculative than analytical. He also pointed out the absence of regulatory oversight, leading to a lack of transparency and consumer protection. Stark observed a trend where victims of crypto fraud become perpetrators, exploiting social media platforms to propagate misinformation.

He warned that the illusion of freedom from traditional financial systems leaves investors vulnerable, especially when platforms like FTX, Celsius, and BlockFi fail. Stark concluded by urging caution, emphasizing that the average investor often becomes prey in a predatory market. More Compelling Evidence Demonstrating That the Chances for SEC Approval of a Bitcoin Spot ETF Are Slim and None (And Slim Just Left Town)A new study offers even more proof that the crypto-marketplace is totally rigged. In fact, it seems almost axiomatic that market…— John Reed Stark (@JohnReedStark) August 18, 2023 Featured Image via Midjourney Source

[tinyshe]

I wanted to snip this because I believe the incoming administration will try to erase and change facts/history to suit them so here is a hot link and one in the title. I hope the copy traveled well because it was so large!

https://www.whitehouse.gov/trump-administration-accomplishments/

As of January 2021

Trump Administration Accomplishments

Unprecedented Economic Boom

Before the China Virus invaded our shores, we built the world’s most prosperous economy.

America gained 7 million new jobs – more than three times government experts’ projections.

Middle-Class family income increased nearly $6,000 – more than five times the gains during the entire previous administration.

The unemployment rate reached 3.5 percent, the lowest in a half-century.

Achieved 40 months in a row with more job openings than job-hirings.

More Americans reported being employed than ever before – nearly 160 million.

Jobless claims hit a nearly 50-year low.

The number of people claiming unemployment insurance as a share of the population hit its lowest on record.

Incomes rose in every single metro area in the United States for the first time in nearly 3 decades.

Delivered a future of greater promise and opportunity for citizens of all backgrounds.

Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Native Americans, veterans, individuals with disabilities, and those without a high school diploma all reached record lows.

Unemployment for women hit its lowest rate in nearly 70 years.

Lifted nearly 7 million people off of food stamps.

Poverty rates for African Americans and Hispanic Americans reached record lows.

Income inequality fell for two straight years, and by the largest amount in over a decade.

The bottom 50 percent of American households saw a 40 percent increase in net worth.

Wages rose fastest for low-income and blue collar workers – a 16 percent pay increase.

African American homeownership increased from 41.7 percent to 46.4 percent.

Brought jobs, factories, and industries back to the USA.

Created more than 1.2 million manufacturing and construction jobs.

Put in place policies to bring back supply chains from overseas.

Small business optimism broke a 35-year old record in 2018.

Hit record stock market numbers and record 401ks.

The DOW closed above 20,000 for the first time in 2017 and topped 30,000 in 2020.

The S&P 500 and NASDAQ have repeatedly notched record highs.

Rebuilding and investing in rural America.

Signed an Executive Order on Modernizing the Regulatory Framework for Agricultural Biotechnology Products, which is bringing innovative new technologies to market in American farming and agriculture.

Strengthened America’s rural economy by investing over $1.3 billion through the Agriculture Department’s ReConnect Program to bring high-speed broadband infrastructure to rural America.

Achieved a record-setting economic comeback by rejecting blanket lockdowns.

An October 2020 Gallup survey found 56 percent of Americans said they were better off during a pandemic than four years prior.

During the third quarter of 2020, the economy grew at a rate of 33.1 percent – the most rapid GDP growth ever recorded.

Since coronavirus lockdowns ended, the economy has added back over 12 million jobs, more than half the jobs lost.

Jobs have been recovered 23 times faster than the previous administration’s recovery.

Unemployment fell to 6.7 percent in December, from a pandemic peak of 14.7 percent in April – beating expectations of well over 10 percent unemployment through the end of 2020.

Under the previous administration, it took 49 months for the unemployment rate to fall from 10 percent to under 7 percent compared to just 3 months for the Trump Administration.

Since April, the Hispanic unemployment rate has fallen by 9.6 percent, Asian-American unemployment by 8.6 percent, and Black American unemployment by 6.8 percent.

80 percent of small businesses are now open, up from just 53 percent in April.

Small business confidence hit a new high.

Homebuilder confidence reached an all-time high, and home sales hit their highest reading since December 2006.

Manufacturing optimism nearly doubled.

Household net worth rose $7.4 trillion in Q2 2020 to $112 trillion, an all-time high.

Home prices hit an all-time record high.

The United States rejected crippling lockdowns that crush the economy and inflict countless public health harms and instead safely reopened its economy.

Business confidence is higher in America than in any other G7 or European Union country.

Stabilized America’s financial markets with the establishment of a number of Treasury Department supported facilities at the Federal Reserve.

Tax Relief for the Middle Class

Passed $3.2 trillion in historic tax relief and reformed the tax code.

Signed the Tax Cuts and Jobs Act – the largest tax reform package in history.

More than 6 million American workers received wage increases, bonuses, and increased benefits thanks to the tax cuts.

A typical family of four earning $75,000 received an income tax cut of more than $2,000 – slashing their tax bill in half.

Doubled the standard deduction – making the first $24,000 earned by a married couple completely tax-free.

Doubled the child tax credit.

Virtually eliminated the unfair Estate Tax, or Death Tax.

Cut the business tax rate from 35 percent – the highest in the developed world – all the way down to 21 percent.

Small businesses can now deduct 20 percent of their business income.

Businesses can now deduct 100 percent of the cost of their capital investments in the year the investment is made.

Since the passage of tax cuts, the share of total wealth held by the bottom half of households has increased, while the share held by the top 1 percent has decreased.

Over 400 companies have announced bonuses, wage increases, new hires, or new investments in the United States.

Over $1.5 trillion was repatriated into the United States from overseas.

Lower investment cost and higher capital returns led to faster growth in the middle class, real wages, and international competitiveness.

Jobs and investments are pouring into Opportunity Zones.

Created nearly 9,000 Opportunity Zones where capital gains on long-term investments are taxed at zero.

Opportunity Zone designations have increased property values within them by 1.1 percent, creating an estimated $11 billion in wealth for the nearly half of Opportunity Zone residents who own their own home.

Opportunity Zones have attracted $75 billion in funds and driven $52 billion of new investment in economically distressed communities, creating at least 500,000 new jobs.

Approximately 1 million Americans will be lifted from poverty as a result of these new investments.

Private equity investments into businesses in Opportunity Zones were nearly 30 percent higher than investments into businesses in similar areas that were not designated Opportunity Zones.

Massive Deregulation

Ended the regulatory assault on American Businesses and Workers.

Instead of 2-for-1, we eliminated 8 old regulations for every 1 new regulation adopted.

Provided the average American household an extra $3,100 every year.

Reduced the direct cost of regulatory compliance by $50 billion, and will reduce costs by an additional $50 billion in FY 2020 alone.

Removed nearly 25,000 pages from the Federal Register – more than any other president. The previous administration added over 16,000 pages.

Established the Governors’ Initiative on Regulatory Innovation to reduce outdated regulations at the state, local, and tribal levels.

Signed an executive order to make it easier for businesses to offer retirement plans.

Signed two executive orders to increase transparency in Federal agencies and protect Americans and their small businesses from administrative abuse.

Modernized the National Environmental Policy Act (NEPA) for the first time in over 40 years.

Reduced approval times for major infrastructure projects from 10 or more years down to 2 years or less.

Helped community banks by signing legislation that rolled back costly provisions of Dodd-Frank.

Established the White House Council on Eliminating Regulatory Barriers to Affordable Housing to bring down housing costs.

Removed regulations that threatened the development of a strong and stable internet.

Eased and simplified restrictions on rocket launches, helping to spur commercial investment in space projects.

Published a whole-of-government strategy focused on ensuring American leadership in automated vehicle technology.

Streamlined energy efficiency regulations for American families and businesses, including preserving affordable lightbulbs, enhancing the utility of showerheads, and enabling greater time savings with dishwashers.

Removed unnecessary regulations that restrict the seafood industry and impede job creation.

Modernized the Department of Agriculture’s biotechnology regulations to put America in the lead to develop new technologies.

Took action to suspend regulations that would have slowed our response to COVID-19, including lifting restrictions on manufacturers to more quickly produce ventilators.

Successfully rolled back burdensome regulatory overreach.

Rescinded the previous administration’s Affirmatively Furthering Fair Housing (AFFH) rule, which would have abolished zoning for single-family housing to build low-income, federally subsidized apartments.

Issued a final rule on the Fair Housing Act’s disparate impact standard.

Eliminated the Waters of the United States Rule and replaced it with the Navigable Waters Protection Rule, providing relief and certainty for farmers and property owners.

Repealed the previous administration’s costly fuel economy regulations by finalizing the Safer Affordable Fuel Efficient (SAFE) Vehicles rule, which will make cars more affordable, and lower the price of new vehicles by an estimated $2,200.

Americans now have more money in their pockets.

Deregulation had an especially beneficial impact on low-income Americans who pay a much higher share of their incomes for overregulation.

Cut red tape in the healthcare industry, providing Americans with more affordable healthcare and saving Americans nearly 10 percent on prescription drugs.

Deregulatory efforts yielded savings to the medical community an estimated $6.6 billion – with a reduction of 42 million hours of regulatory compliance work through 2021.

Removed government barriers to personal freedom and consumer choice in healthcare.

Once fully in effect, 20 major deregulatory actions undertaken by the Trump Administration are expected to save American consumers and businesses over $220 billion per year.

Signed 16 pieces of deregulatory legislation that will result in a $40 billion increase in annual real incomes.

Fair and Reciprocal Trade

Secured historic trade deals to defend American workers.

Immediately withdrew from the job-killing Trans-Pacific Partnership (TPP).

Ended the North American Free Trade Agreement (NAFTA), and replaced it with the brand new United States-Mexico-Canada Agreement (USMCA).

The USMCA contains powerful new protections for American manufacturers, auto-makers, farmers, dairy producers, and workers.

The USMCA is expected to generate over $68 billion in economic activity and potentially create over 550,000 new jobs over ten years.

Signed an executive order making it government policy to Buy American and Hire American, and took action to stop the outsourcing of jobs overseas.

Negotiated with Japan to slash tariffs and open its market to $7 billion in American agricultural products and ended its ban on potatoes and lamb.

Over 90 percent of American agricultural exports to Japan now receive preferential treatment, and most are duty-free.

Negotiated another deal with Japan to boost $40 billion worth of digital trade.

Renegotiated the United States-Korea Free Trade Agreement, doubling the cap on imports of American vehicles and extending the American light truck tariff.

Reached a written, fully-enforceable Phase One trade agreement with China on confronting pirated and counterfeit goods, and the protection of American ideas, trade secrets, patents, and trademarks.

China agreed to purchase an additional $200 billion worth of United States exports and opened market access for over 4,000 American facilities to exports while all tariffs remained in effect.

Achieved a mutual agreement with the European Union (EU) that addresses unfair trade practices and increases duty-free exports by 180 percent to $420 million.

Secured a pledge from the EU to eliminate tariffs on American lobster – the first United States-European Union negotiated tariff reduction in over 20 years.

Scored a historic victory by overhauling the Universal Postal Union, whose outdated policies were undermining American workers and interests.

Engaged extensively with trade partners like the EU and Japan to advance reforms to the World Trade Organization (WTO).

Issued a first-ever comprehensive report on the WTO Appellate Body’s failures to comply with WTO rules and interpret WTO agreements as written.

Blocked nominees to the WTO’s Appellate Body until WTO Members recognize and address longstanding issues with Appellate Body activism.

Submitted 5 papers to the WTO Committee on Agriculture to improve Members’ understanding of how trade policies are implemented, highlight areas for improved transparency, and encourage members to maintain up-to-date notifications on market access and domestic support.

Took strong actions to confront unfair trade practices and put America First.

Imposed tariffs on hundreds of billions worth of Chinese goods to protect American jobs and stop China’s abuses under Section 232 of the Trade Expansion Act of 1962 and Section 301 of the Trade Act of 1974.

Directed an all-of-government effort to halt and punish efforts by the Communist Party of China to steal and profit from American innovations and intellectual property.

Imposed tariffs on foreign aluminum and foreign steel to protect our vital industries and support our national security.

Approved tariffs on $1.8 billion in imports of washing machines and $8.5 billion in imports of solar panels.

Blocked illegal timber imports from Peru.

Took action against France for its digital services tax that unfairly targets American technology companies.

Launched investigations into digital services taxes that have been proposed or adopted by 10 other countries.

Historic support for American farmers.

Successfully negotiated more than 50 agreements with countries around the world to increase foreign market access and boost exports of American agriculture products, supporting more than 1 million American jobs.

Authorized $28 billion in aid for farmers who have been subjected to unfair trade practices – fully funded by the tariffs paid by China.

China lifted its ban on poultry, opened its market to beef, and agreed to purchase at least $80 billion of American agricultural products in the next two years.

The European Union agreed to increase beef imports by 180 percent and opened up its market to more imports of soybeans.

South Korea lifted its ban on American poultry and eggs, and agreed to provide market access for record exports of American rice.

Argentina lifted its ban on American pork.

Brazil agreed to increase wheat imports by $180 million a year and raised its quotas for purchases of United States ethanol.

Guatemala and Tunisia opened up their markets to American eggs.

Won tariff exemptions in Ecuador for wheat and soybeans.

Suspended $817 million in trade preferences for Thailand under the Generalized System of Preferences (GSP) program due to its failure to adequately provide reasonable market access for American pork products.

The amount of food stamps redeemed at farmers markets increased from $1.4 million in May 2020 to $1.75 million in September 2020 – a 50 percent increase over last year.

Rapidly deployed the Coronavirus Food Assistance Program, which provided $30 billion in support to farmers and ranchers facing decreased prices and market disruption when COVID-19 impacted the food supply chain.

Authorized more than $6 billion for the Farmers to Families Food Box program, which delivered over 128 million boxes of locally sourced, produce, meat, and dairy products to charity and faith-based organizations nationwide.

Delegated authorities via the Defense Production Act to protect breaks in the American food supply chain as a result of COVID-19.

American Energy Independence

Unleashed America’s oil and natural gas potential.

For the first time in nearly 70 years, the United States has become a net energy exporter.

The United States is now the number one producer of oil and natural gas in the world.

Natural gas production reached a record-high of 34.9 quads in 2019, following record high production in 2018 and in 2017.

The United States has been a net natural gas exporter for three consecutive years and has an export capacity of nearly 10 billion cubic feet per day.

Withdrew from the unfair, one-sided Paris Climate Agreement.

Canceled the previous administration’s Clean Power Plan, and replaced it with the new Affordable Clean Energy rule.

Approved the Keystone XL and Dakota Access pipelines.

Opened up the Arctic National Wildlife Refuge (ANWR) in Alaska to oil and gas leasing.

Repealed the last administration’s Federal Coal Leasing Moratorium, which prohibited coal leasing on Federal lands.

Reformed permitting rules to eliminate unnecessary bureaucracy and speed approval for mines.

Fixed the New Source Review permitting program, which punished companies for upgrading or repairing coal power plants.

Fixed the Environmental Protection Agency’s (EPA) steam electric and coal ash rules.

The average American family saved $2,500 a year in lower electric bills and lower prices at the gas pump.

Signed legislation repealing the harmful Stream Protection Rule.

Reduced the time to approve drilling permits on public lands by half, increasing permit applications to drill on public lands by 300 percent.

Expedited approval of the NuStar’s New Burgos pipeline to export American gasoline to Mexico.

Streamlined Liquefied natural gas (LNG) terminal permitting and allowed long-term LNG export authorizations to be extended through 2050.

The United States is now among the top three LNG exporters in the world.

Increased LNG exports five-fold since January 2017, reaching an all-time high in January 2020.

LNG exports are expected to reduce the American trade deficit by over $10 billion.

Granted more than 20 new long-term approvals for LNG exports to non-free trade agreement countries.

The development of natural gas and LNG infrastructure in the United States is providing tens of thousands of jobs, and has led to the investment of tens of billions of dollars in infrastructure.

There are now 6 LNG export facilities operating in the United States, with 2 additional export projects under construction.

The amount of nuclear energy production in 2019 was the highest on record, through a combination of increased capacity from power plant upgrades and shorter refueling and maintenance cycles.

Prevented Russian energy coercion across Europe through various lines of effort, including the Partnership for Transatlantic Energy Cooperation, civil nuclear deals with Romania and Poland, and opposition to Nord Stream 2 pipeline.

Issued the Presidential Permit for the A2A railroad between Canada and Alaska, providing energy resources to emerging markets.

Increased access to our country’s abundant natural resources in order to achieve energy independence.

Renewable energy production and consumption both reached record highs in 2019.

Enacted policies that helped double the amount of electricity generated by solar and helped increase the amount of wind generation by 32 percent from 2016 through 2019.

Accelerated construction of energy infrastructure to ensure American energy producers can deliver their products to the market.

Cut red tape holding back the construction of new energy infrastructure.

Authorized ethanol producers to sell E15 year-round and allowed higher-ethanol gasoline to be distributed from existing pumps at filling stations.

Ensured greater transparency and certainty in the Renewable Fuel Standard (RFS) program.

Negotiated leasing capacity in the Strategic Petroleum Reserve to Australia, providing American taxpayers a return on this infrastructure investment.

Signed an executive order directing Federal agencies to work together to diminish the capability of foreign adversaries to target our critical electric infrastructure.

Reformed Section 401 of the Clean Water Act regulation to allow for the curation of interstate infrastructure.

Resolved the OPEC (Organization of the Petroleum Exporting Countries) oil crisis during COVID-19 by getting OPEC, Russia, and others to cut nearly 10 million barrels of production a day, stabilizing world oil prices.

Directed the Department of Energy to use the Strategic Petroleum Reserve to mitigate market volatility caused by COVID-19.

Investing in America’s Workers and Families

Affordable and high-quality Child Care for American workers and their families.

Doubled the Child Tax Credit from $1,000 to $2,000 per child and expanded the eligibility for receiving the credit.

Nearly 40 million families benefitted from the child tax credit (CTC), receiving an average benefit of $2,200 – totaling credits of approximately $88 billion.

Signed the largest-ever increase in Child Care and Development Block Grants – expanding access to quality, affordable child care for more than 800,000 low-income families.

Secured an additional $3.5 billion in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to help families and first responders with child care needs.

Created the first-ever paid family leave tax credit for employees earning $72,000 or less.

Signed into law 12-weeks of paid parental leave for Federal workers.

Signed into law a provision that enables new parents to withdraw up to $5,000 from their retirement accounts without penalty when they give birth to or adopt a child.

Advanced apprenticeship career pathways to good-paying jobs.

Expanded apprenticeships to more than 850,000 and established the new Industry-Recognized Apprenticeship programs in new and emerging fields.

Established the National Council for the American Worker and the American Workforce Policy Advisory Board.

Over 460 companies have signed the Pledge to America’s Workers, committing to provide more than 16 million job and training opportunities.

Signed an executive order that directs the Federal government to replace outdated degree-based hiring with skills-based hiring.

Advanced women’s economic empowerment.

Included women’s empowerment for the first time in the President’s 2017 National Security Strategy.

Signed into law key pieces of legislation, including the Women, Peace, and Security Act and the Women Entrepreneurship and Economic Empowerment Act.

Launched the Women’s Global Development and Prosperity (W-GDP) Initiative – the first-ever whole-of-government approach to women’s economic empowerment that has reached 24 million women worldwide.

Established an innovative new W-GDP Fund at USAID.

Launched the Women Entrepreneurs Finance Initiative (We-Fi) with 13 other nations.

Announced a $50 million donation on behalf of the United States to We-Fi providing more capital to women-owned businesses around the world.

Released the first-ever Strategy on Women, Peace, and Security, which focused on increasing women’s participation to prevent and resolve conflicts.

Launched the W-GDP 2x Global Women’s Initiative with the Development Finance Corporation, which has mobilized more than $3 billion in private sector investments over three years.

Ensured American leadership in technology and innovation.

First administration to name artificial intelligence, quantum information science, and 5G communications as national research and development priorities.

Launched the American Broadband Initiative to promote the rapid deployment of broadband internet across rural America.

Made 100 megahertz of crucial mid-band spectrum available for commercial operations, a key factor to driving widespread 5G access across rural America.

Launched the American AI Initiative to ensure American leadership in artificial intelligence (AI), and established the National AI Initiative Office at the White House.

Established the first-ever principles for Federal agency adoption of AI to improve services for the American people.

Signed the National Quantum Initiative Act establishing the National Quantum Coordination Office at the White House to drive breakthroughs in quantum information science.

Signed the Secure 5G and Beyond Act to ensure America leads the world in 5G.

Launched a groundbreaking program to test safe and innovative commercial drone operations nationwide.

Issued new rulemaking to accelerate the return of American civil supersonic aviation.

Committed to doubling investments in AI and quantum information science (QIS) research and development.

Announced the establishment of $1 billion AI and quantum research institutes across America.

Established the largest dual-use 5G test sites in the world to advance 5G commercial and military innovation.

Signed landmark Prague Principles with America’s allies to advance the deployment of secure 5G telecommunications networks.

Signed first-ever bilateral AI cooperation agreement with the United Kingdom.

Built collation among allies to ban Chinese Telecom Company Huawei from their 5G infrastructure.

Preserved American jobs for American workers and rejected the importation of cheap foreign labor.

Pressured the Tennessee Valley Authority (TVA) to reverse their decision to lay off over 200 American workers and replace them with cheaper foreign workers.

Removed the TVA Chairman of the Board and a TVA Board Member.

Life-Saving Response to the China Virus

Restricted travel to the United States from infected regions of the world.

Suspended all travel from China, saving thousands of lives.

Required all American citizens returning home from designated outbreak countries to return through designated airports with enhanced screening measures, and to undergo a self-quarantine.

Announced further travel restrictions on Iran, the Schengen Area of Europe, the United Kingdom, Ireland, and Brazil.

Issued travel advisory warnings recommending that American citizens avoid all international travel.

Reached bilateral agreements with Mexico and Canada to suspend non-essential travel and expeditiously return illegal aliens.

Repatriated over 100,000 American citizens stranded abroad on more than 1,140 flights from 136 countries and territories.

Safely transported, evacuated, treated, and returned home trapped passengers on cruise ships.

Took action to authorize visa sanctions on foreign governments who impede our efforts to protect American citizens by refusing or unreasonably delaying the return of their own citizens, subjects, or residents from the United States.

Acted early to combat the China Virus in the United States.

Established the White House Coronavirus Task Force, with leading experts on infectious diseases, to manage the Administration’s efforts to mitigate the spread of COVID-19 and to keep workplaces safe.

Pledged in the State of the Union address to “take all necessary steps to safeguard our citizens from the Virus,” while the Democrats’ response made not a single mention of COVID-19 or even the threat of China.

Declared COVID-19 a National Emergency under the Stafford Act.

Established the 24/7 FEMA National Response Coordination Center.

Released guidance recommending containment measures critical to slowing the spread of the Virus, decompressing peak burden on hospitals and infrastructure, and diminishing health impacts.

Implemented strong community mitigation strategies to sharply reduce the number of lives lost in the United States down from experts’ projection of up to 2.2 million deaths in the United States without mitigation.

Halted American funding to the World Health Organization to counter its egregious bias towards China that jeopardized the safety of Americans.

Announced plans for withdrawal from the World Health Organization and redirected contribution funds to help meet global public health needs.

Called on the United Nations to hold China accountable for their handling of the virus, including refusing to be transparent and failing to contain the virus before it spread.

Re-purposed domestic manufacturing facilities to ensure frontline workers had critical supplies.

Distributed billions of pieces of Personal Protective Equipment, including gloves, masks, gowns, and face shields.

Invoked the Defense Production Act over 100 times to accelerate the development and manufacturing of essential material in the USA.

Made historic investments of more than $3 billion into the industrial base.

Contracted with companies such as Ford, General Motors, Philips, and General Electric to produce ventilators.

Contracted with Honeywell, 3M, O&M Halyard, Moldex, and Lydall to increase our Nation’s production of N-95 masks.

The Army Corps of Engineers built 11,000 beds, distributed 10,000 ventilators, and surged personnel to hospitals.

Converted the Javits Center in New York into a 3,000-bed hospital, and opened medical facilities in Seattle and New Orleans.

Dispatched the USNS Comfort to New York City, and the USNS Mercy to Los Angeles.

Deployed thousands of FEMA employees, National Guard members, and military forces to help in the response.

Provided support to states facing new emergences of the virus, including surging testing sites, deploying medical personnel, and advising on mitigation strategies.

Announced Federal support to governors for use of the National Guard with 100 percent cost-share.

Established the Supply Chain Task Force as a “control tower” to strategically allocate high-demand medical supplies and PPE to areas of greatest need.

Requested critical data elements from states about the status of hospital capacity, ventilators, and PPE.

Executed nearly 250 flights through Project Air Bridge to transport hundreds of millions of surgical masks, N95 respirators, gloves, and gowns from around the world to hospitals and facilities throughout the United States.

Signed an executive order invoking the Defense Production Act to ensure that Americans have a reliable supply of products like beef, pork, and poultry.

Stabilized the food supply chain restoring the Nation’s protein processing capacity through a collaborative approach with Federal, state, and local officials and industry partners.

The continued movement of food and other critical items of daily life distributed to stores and to American homes went unaffected.

Replenished the depleted Strategic National Stockpile.

Increased the number of ventilators nearly ten-fold to more than 153,000.

Despite the grim projections from the media and governors, no American who has needed a ventilator has been denied a ventilator.

Increased the number of N95 masks fourteen-fold to more than 176 million.

Issued an executive order ensuring critical medical supplies are produced in the United States.

Created the largest, most advanced, and most innovative testing system in the world.

Built the world’s leading testing system from scratch, conducting over 200 million tests – more than all of the European Union combined.

Engaged more than 400 test developers to increase testing capacity from less than 100 tests per day to more than 2 million tests per day.

Slashed red tape and approved Emergency Use Authorizations for more than 300 different tests, including 235 molecular tests, 63 antibody tests, and 11 antigen tests.

Delivered state-of-the-art testing devices and millions of tests to every certified nursing home in the country.

Announced more flexibility to Medicare Advantage and Part D plans to waive cost-sharing for tests.

Over 2,000 retail pharmacy stores, including CVS, Walmart, and Walgreens, are providing testing using new regulatory and reimbursement options.

Deployed tens of millions of tests to nursing homes, assisted living facilities, historically black colleges and universities (HBCUs), tribes, disaster relief operations, Home Health/Hospice organizations, and the Veterans Health Administration.

Began shipping 150 million BinaxNOW rapid tests to states, long-term care facilities, the IHS, HBCUs, and other key partners.

Pioneered groundbreaking treatments and therapies that reduced the mortality rate by 85 percent, saving over 2 million lives.

The United States has among the lowest case fatality rates in the entire world.

The Food and Drug Administration (FDA) launched the Coronavirus Treatment Acceleration Program to expedite the regulatory review process for therapeutics in clinical trials, accelerate the development and publication of industry guidance on developing treatments, and utilize regulatory flexibility to help facilitate the scaling-up of manufacturing capacity.

More than 370 therapies are in clinical trials and another 560 are in the planning stages.

Announced $450 million in available funds to support the manufacturing of Regeneron’s antibody cocktail.

Shipped tens of thousands of doses of the Regeneron drug.

Authorized an Emergency Use Authorization (EUA) for convalescent plasma.

Treated around 100,000 patients with convalescent plasma, which may reduce mortality by 50 percent.

Provided $48 million to fund the Mayo Clinic study that tested the efficacy of convalescent plasma for patients with COVID-19.

Made an agreement to support the large-scale manufacturing of AstraZeneca’s cocktail of two monoclonal antibodies.

Approved Remdesivir as the first COVID-19 treatment, which could reduce hospitalization time by nearly a third.

Secured more than 90 percent of the world’s supply of Remdesivir, enough to treat over 850,000 high-risk patients.

Granted an EUA to Eli Lilly for its anti-body treatments.

Finalized an agreement with Eli Lilly to purchase the first doses of the company’s investigational antibody therapeutic.

Provided up to $270 million to the American Red Cross and America’s Blood Centers to support the collection of up to 360,000 units of plasma.

Launched a nationwide campaign to ask patients who have recovered from COVID-19 to donate plasma.

Announced Phase 3 clinical trials for varying types of blood thinners to treat adults diagnosed with COVID-19.

Issued an EUA for the monoclonal antibody therapy bamlanivimab.

FDA issued an EUA for casirivimab and imdevimab to be administered together.

Launched the COVID-19 High Performance Computing Consortium with private sector and academic leaders unleashing America’s supercomputers to accelerate coronavirus research.

Brought the full power of American medicine and government to produce a safe and effective vaccine in record time.

Launched Operation Warp Speed to initiate an unprecedented drive to develop and make available an effective vaccine by January 2021.

Pfizer and Moderna developed two vaccines in just nine months, five times faster than the fastest prior vaccine development in American history.

Pfizer and Moderna’s vaccines are approximately 95 effective – far exceeding all expectations.

AstraZeneca and Johnson & Johnson also both have promising candidates in the final stage of clinical trials.

The vaccines will be administered within 24 hours of FDA-approval.

Made millions of vaccine doses available before the end of 2020, with hundreds of millions more to quickly follow.

FedEx and UPS will ship doses from warehouses directly to local pharmacies, hospitals, and healthcare providers.

Finalized a partnership with CVS and Walgreens to deliver vaccines directly to residents of nursing homes and long-term care facilities as soon as a state requests it, at no cost to America’s seniors.

Signed an executive order to ensure that the United States government prioritizes getting the vaccine to American citizens before sending it to other nations.

Provided approximately $13 billion to accelerate vaccine development and to manufacture all of the top candidates in advance.

Provided critical investments of $4.1 billion to Moderna to support the development, manufacturing, and distribution of their vaccines.

Moderna announced its vaccine is 95 percent effective and is pending FDA approval.

Provided Pfizer up to $1.95 billion to support the mass-manufacturing and nationwide distribution of their vaccine candidate.

Pfizer announced its vaccine is 95 percent effective and is pending FDA approval.

Provided approximately $1 billion to support the manufacturing and distribution of Johnson & Johnson’s vaccine candidate.

Johnson & Johnson’s vaccine candidate reached the final stage of clinical trials.

Made up to $1.2 billion available to support AstraZeneca’s vaccine candidate.

AstraZeneca’s vaccine candidate reached the final stage of clinical trials.

Made an agreement to support the large-scale manufacturing of Novavax’s vaccine candidate with 100 million doses expected.

Partnered with Sanofi and GSK to support large-scale manufacturing of a COVID-19 investigational vaccine.

Awarded $200 million in funding to support vaccine preparedness and plans for the immediate distribution and administration of vaccines.

Provided $31 million to Cytvia for vaccine-related consumable products.

Under the PREP Act, issued guidance authorizing qualified pharmacy technicians to administer vaccines.

Announced that McKesson Corporation will produce store, and distribute vaccine ancillary supply kits on behalf of the Strategic National Stockpile to help healthcare workers who will administer vaccines.

Announced partnership with large-chain, independent, and regional pharmacies to deliver vaccines.

Prioritized resources for the most vulnerable Americans, including nursing home residents.

Quickly established guidelines for nursing homes and expanded telehealth opportunities to protect vulnerable seniors.

Increased surveillance, oversight, and transparency of all 15,417 Medicare and Medicaid nursing homes by requiring them to report cases of COVID-19 to all residents, their families, and the Centers for Disease Control and Prevention (CDC).

Required that all nursing homes test staff regularly.

Launched an unprecedented national nursing home training curriculum to equip nursing home staff with the knowledge they need to stop the spread of COVID-19.

Delivered $81 million for increased inspections and funded 35,000 members of the Nation Guard to deliver critical supplies to every Medicare-certified nursing homes.

Deployed Federal Task Force Strike Teams to provide onsite technical assistance and education to nursing homes experiencing outbreaks.

Distributed tens of billions of dollars in Provider Relief Funds to protect nursing homes, long-term care facilities, safety-net hospitals, rural hospitals, and communities hardest hit by the virus.

Released 1.5 million N95 respirators from the Strategic National Stockpile for distribution to over 3,000 nursing home facilities.

Directed the White House Opportunity and Revitalization Council to refocus on underserved communities impacted by the coronavirus.

Required that testing results reported include data on race, gender, ethnicity, and ZIP code, to ensure that resources were directed to communities disproportionately harmed by the virus.

Ensured testing was offered at 95 percent of Federally Qualified Health Centers (FQHC), which serve over 29 million patients in 12,000 communities across the Nation.

Invested an unprecedented $8 billion in tribal communities.

Maintained safe access for Veterans to VA healthcare throughout the COVID-19 Pandemic and supported non-VA hospital systems and private and state-run nursing homes with VA clinical teams.

Signed legislation ensuring no reduction of VA education benefits under the GI Bill for online distance learning.

Supported Americans as they safely return to school and work.

Issued the Guidelines for Opening Up America Again, a detailed blueprint to help governors as they began reopening the country. Focused on protecting the most vulnerable and mitigating the risk of any resurgence, while restarting the economy and allowing Americans to safely return to their jobs.

Helped Americans return to work by providing extensive guidance on workplace-safety measures to protect against COVID-19, and investigating over 10,000 coronavirus-related complaints and referrals.

Provided over $31 billion to support elementary and secondary schools.

Distributed 125 million face masks to school districts.

Provided comprehensive guidelines to schools on how to protect and identify high-risk individuals, prevent the spread of COVID-19, and conduct safe in-person teaching.

Brought back the safe return of college athletics, including Big Ten and Pac-12 football.

Rescued the American economy with nearly $3.4 trillion in relief, the largest financial aid package in history.

Secured an initial $8.3 billion Coronavirus Preparedness and Response Act, supporting the development of treatments and vaccines, and to procure critical medical supplies and equipment.

Signed the $100 billion Families First Coronavirus Relief Act, guaranteeing free coronavirus testing, emergency paid sick leave and family leave, Medicaid funding, and food assistance.

Signed the $2.3 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act, providing unprecedented and immediate relief to American families, workers, and businesses.

Signed additional legislation providing nearly $900 billion in support for coronavirus emergency response and relief, including critically needed funds to continue the Paycheck Protection Program.

Signed the Paycheck Protection Program and Healthcare Enhancement Act, adding an additional $310 billion to replenish the program.

Delivered approximately 160 million relief payments to hardworking Americans.

Through the Paycheck Protection Program, approved over $525 billion in forgivable loans to more than 5.2 million small businesses, supporting more than 51 million American jobs.

The Treasury Department approved the establishment of the Money Market Mutual Fund Liquidity Facility to provide liquidity to the financial system.

The Treasury Department, working with the Federal Reserve, was able to leverage approximately $4 trillion in emergency lending facilities.

Signed an executive order extending expanded unemployment benefits.

Signed an executive order to temporarily suspend student loan payments, evictions, and collection of payroll taxes.

Small Business Administration expanded access to emergency economic assistance for small businesses, faith-based, and religious entities.

Protected jobs for American workers impacted by COVID-19 by temporarily suspending several job-related nonimmigrant visas, including H-1B’s, H-2B’s without a nexus to the food-supply chain, certain H-4’s, as well as L’s and certain J’s.

Great Healthcare for Americans

Empowered American patients by greatly expanding healthcare choice, transparency, and affordability.

Eliminated the Obamacare individual mandate – a financial relief to low and middle-income households that made up nearly 80 percent of the families who paid the penalty for not wanting to purchase health insurance.

Increased choice for consumers by promoting competition in the individual health insurance market leading to lower premiums for three years in a row.

Under the Trump Administration, more than 90 percent of the counties have multiple options on the individual insurance market to choose from.

Offered Association Health Plans, which allow employers to pool together and offer more affordable, quality health coverage to their employees at up to 30 percent lower cost.

Increased availability of short-term, limited-duration health plans, which can cost up to 60 percent less than traditional plans, giving Americans more flexibility to choose plans that suit their needs.

Expanded Health Reimbursement Arrangements, allowing millions of Americans to be able to shop for a plan of their choice on the individual market, and then have their employer cover the cost.

Added 2,100 new Medicare Advantage plan options since 2017, a 76 percent increase.

Lowered Medicare Advantage premiums by 34 percent nationwide to the lowest level in 14 years. Medicare health plan premium savings for beneficiaries have totaled $nearly 1.5 billion since 2017.

Improved access to tax-free health savings accounts for individuals with chronic conditions.

Eliminated costly Obamacare taxes, including the health insurance tax, the medical device tax, and the “Cadillac tax.”

Worked with states to create more flexibility and relief from oppressive Obamacare regulations, including reinsurance waivers to help lower premiums.

Released legislative principles to end surprise medical billing.

Finalized requirements for unprecedented price transparency from hospitals and insurance companies so patients know what the cost is before they receive care.

Took action to require that hospitals make the prices they negotiate with insurers publicly available and easily accessible online.

Improved patients access to their health data by penalizing hospitals and causing clinicians to lose their incentive payments if they do not comply.

Expanded access to telehealth, especially in rural and underserved communities.

Increased Medicare payments to rural hospitals to stem a decade of rising closures and deliver enhanced access to care in rural areas.

Issued unprecedented reforms that dramatically lowered the price of prescription drugs.

Lowered drug prices for the first time in 51 years.

Launched an initiative to stop global freeloading in the drug market.

Finalized a rule to allow the importation of prescription drugs from Canada.

Finalized the Most Favored Nation Rule to ensure that pharmaceutical companies offer the same discounts to the United States as they do to other nations, resulting in an estimated $85 billion in savings over seven years and $30 billion in out-of-pocket costs alone.

Proposed a rule requiring federally funded health centers to pass drug company discounts on insulin and Epi-Pens directly to patients.

Ended the gag clauses that prevented pharmacists from informing patients about the best prices for the medications they need.

Ended the costly kickbacks to middlemen and ensured that patients directly benefit from available discounts at the pharmacy counter, saving Americans up to 30 percent on brand name pharmaceuticals.

Enhanced Part D plans to provide many seniors with Medicare access to a broad set of insulins at a maximum $35 copay for a month’s supply of each type of insulin.

Reduced Medicare Part D prescription drug premiums, saving beneficiaries nearly $2 billion in premium costs since 2017.

Ended the Unapproved Drugs Initiative, which provided market exclusivity to generic drugs.

Promoted research and innovation in healthcare to ensure that American patients have access to the best treatment in the world.

Signed first-ever executive order to affirm that it is the official policy of the United States Government to protect patients with pre-existing conditions.

Passed Right To Try to give terminally ill patients access to lifesaving cures.

Signed an executive order to fight kidney disease with more transplants and better treatment.

Signed into law a $1 billion increase in funding for critical Alzheimer’s research.

Accelerated medical breakthroughs in genetic treatments for Sickle Cell disease.

Finalized the interoperability rules that will give American patients access to their electronic health records on their phones.

Initiated an effort to provide $500 million over the next decade to improve pediatric cancer research.

Launched a campaign to end the HIV/AIDS epidemic in America in the next decade.

Started a program to provide the HIV prevention drug PrEP to uninsured patients for free.

Signed an executive order and awarded new development contracts to modernize the influenza vaccine.

Protected our Nation’s seniors by safeguarding and strengthening Medicare.

Updated the way Medicare pays for innovative medical products to ensure beneficiaries have access to the latest innovation and treatment.

Reduced improper payments for Medicare an estimated $15 billion since 2016 protecting taxpayer dollars and leading to less fraud, waste, and abuse.

Took rapid action to combat antimicrobial resistance and secure access to life-saving new antibiotic drugs for American seniors, by removing several financial disincentives and setting policies to reduce inappropriate use.

Launched new online tools, including eMedicare, Blue Button 2.0, and Care Compare, to help seniors see what is covered, compare costs, streamline data, and compare tools available on Medicare.gov.

Provided new Medicare Advantage supplemental benefits, including modifications to help keep seniors safe in their homes, respite care for caregivers, non-opioid pain management alternatives like therapeutic massages, transportation, and more in-home support services and assistance.

Protected Medicare beneficiaries by removing Social Security numbers from all Medicare cards, a project completed ahead of schedule.

Unleashed unprecedented transparency in Medicare and Medicaid data to spur research and innovation.

Remaking the Federal Judiciary

Appointed a historic number of Federal judges who will interpret the Constitution as written.

Nominated and confirmed over 230 Federal judges.

Confirmed 54 judges to the United States Courts of Appeals, making up nearly a third of the entire appellate bench.

Filled all Court of Appeals vacancies for the first time in four decades.

Flipped the Second, Third, and Eleventh Circuits from Democrat-appointed majorities to Republican-appointed majorities. And dramatically reshaped the long-liberal Ninth Circuit.

Appointed three Supreme Court justices, expanding its conservative-appointed majority to 6-3.

Appointed Justice Neil Gorsuch to replace Justice Antonin Scalia.

Appointed Justice Brett Kavanaugh to replace Justice Anthony Kennedy.

Appointed Justice Amy Coney Barrett to replace Justice Ruth Bader Ginsburg.

Achieving a Secure Border

Secured the Southern Border of the United States.

Built over 400 miles of the world’s most robust and advanced border wall.

Illegal crossings have plummeted over 87 percent where the wall has been constructed.

Deployed nearly 5,000 troops to the Southern border. In addition, Mexico deployed tens of thousands of their own soldiers and national guardsmen to secure their side of the US-Mexico border.

Ended the dangerous practice of Catch-and-Release, which means that instead of aliens getting released into the United States pending future hearings never to be seen again, they are detained pending removal, and then ultimately returned to their home countries.

Entered into three historic asylum cooperation agreements with Honduras, El Salvador, and Guatemala to stop asylum fraud and resettle illegal migrants in third-party nations pending their asylum applications.

Entered into a historic partnership with Mexico, referred to as the “Migrant Protection Protocols,” to safely return asylum-seekers to Mexico while awaiting hearings in the United States.

Fully enforced the immigration laws of the United States.

Signed an executive order to strip discretionary Federal grant funding from deadly sanctuary cities.

Fully enforced and implemented statutorily authorized “expedited removal” of illegal aliens.

The Department of Justice prosecuted a record-breaking number of immigration-related crimes.

Used Section 243(d) of the Immigration and Nationality Act (INA) to reduce the number of aliens coming from countries whose governments refuse to accept their nationals who were ordered removed from the United States.

Ended asylum fraud, shut down human smuggling traffickers, and solved the humanitarian crisis across the Western Hemisphere.

Suspended, via regulation, asylum for aliens who had skipped previous countries where they were eligible for asylum but opted to “forum shop” and continue to the United States.

Safeguarded migrant families, and protected migrant safety, by promulgating new regulations under the Flores Settlement Agreement.

Proposed regulations to end the practice of giving free work permits to illegal aliens lodging meritless asylum claims.

Issued “internal relocation” guidance.

Cross-trained United States Border Patrol agents to conduct credible fear screenings alongside USCIS (United States Citizenship and Immigration Services) adjudication personnel to reduce massive backlogs.

Streamlined and expedited the asylum hearing process through both the Prompt Asylum Claim Review (PACR) and the Humanitarian Asylum Review Process (HARP).

Launched the Family Fraud Initiative to identify hundreds of individuals who were fraudulently presenting themselves as family units at the border, oftentimes with trafficking children, in order to ensure child welfare.

Improved screening in countries with high overstay rates and reduced visa overstay rates in many of these countries.

Removed bureaucratic constraints on United States consular officers that reduced their ability to appropriately vet visa applicants.

Worked with Mexico and other regional partners to dismantle the human smuggling networks in our hemisphere that profit from human misery and fuel the border crisis by exploiting vulnerable populations.

Secured our Nation’s immigration system against criminals and terrorists.

Instituted national security travel bans to keep out terrorists, jihadists, and violent extremists, and implemented a uniform security and information-sharing baseline all nations must meet in order for their nationals to be able to travel to, and emigrate to, the United States.

Suspended refugee resettlement from the world’s most dangerous and terror-afflicted regions.

Rebalanced refugee assistance to focus on overseas resettlement and burden-sharing.

85 percent reduction in refugee resettlement.

Overhauled badly-broken refugee security screening process.

Required the Department of State to consult with states and localities as part of the Federal government’s refugee resettlement process.

Issued strict sanctions on countries that have failed to take back their own nationals.

Established the National Vetting Center, which is the most advanced and comprehensive visa screening system anywhere in the world.

Protected American workers and taxpayers.

Issued a comprehensive “public charge” regulation to ensure newcomers to the United States are financially self-sufficient and not reliant on welfare.

Created an enforcement mechanism for sponsor repayment and deeming, to ensure that people who are presenting themselves as sponsors are actually responsible for sponsor obligations.

Issued regulations to combat the horrendous practice of “birth tourism.”

Issued a rule with the Department of Housing and Urban Development (HUD) to make illegal aliens ineligible for public housing.

Issued directives requiring Federal agencies to hire United States workers first and prioritizing the hiring of United States workers wherever possible.

Suspended the entry of low-wage workers that threaten American jobs.

Finalized new H-1B regulations to permanently end the displacement of United States workers and modify the administrative tools that are required for H-1B visa issuance.

Defended United States sovereignty by withdrawing from the United Nations’ Global Compact on Migration.

Suspended Employment Authorization Documents for aliens who arrive illegally between ports of entry and are ordered removed from the United States.

Restored integrity to the use of Temporary Protected Status (TPS) by strictly adhering to the statutory conditions required for TPS.

Restoring American Leadership Abroad

Restored America’s leadership in the world and successfully negotiated to ensure our allies pay their fair share for our military protection.

Secured a $400 billion increase in defense spending from NATO (North Atlantic Treaty Organization) allies by 2024, and the number of members meeting their minimum obligations more than doubled.

Credited by Secretary General Jens Stoltenberg for strengthening NATO.

Worked to reform and streamline the United Nations (UN) and reduced spending by $1.3 billion.

Allies, including Japan and the Republic of Korea, committed to increase burden-sharing.

Protected our Second Amendment rights by announcing the United States will never ratify the UN Arms Trade Treaty.

Returned 56 hostages and detainees from more than 24 countries.

Worked to advance a free and open Indo-Pacific region, promoting new investments and expanding American partnerships.

Advanced peace through strength.

Withdrew from the horrible, one-sided Iran Nuclear Deal and imposed crippling sanctions on the Iranian Regime.

Conducted vigorous enforcement on all sanctions to bring Iran’s oil exports to zero and deny the regime its principal source of revenue.

First president to meet with a leader of North Korea and the first sitting president to cross the demilitarized zone into North Korea.

Maintained a maximum pressure campaign and enforced tough sanctions on North Korea while negotiating de-nuclearization, the release of American hostages, and the return of the remains of American heroes.

Brokered economic normalization between Serbia and Kosovo, bolstering peace in the Balkans.

Signed the Honk Kong Autonomy Act and ended the United States’ preferential treatment with Hong Kong to hold China accountable for its infringement on the autonomy of Hong Kong.

Led allied efforts to defeat the Chinese Communist Party’s efforts to control the international telecommunications system.

Renewed our cherished friendship and alliance with Israel and took historic action to promote peace in the Middle East.

Recognized Jerusalem as the true capital of Israel and quickly moved the American Embassy in Israel to Jerusalem.

Acknowledged Israel’s sovereignty over the Golan Heights and declared that Israeli settlements in the West Bank are not inconsistent with international law.

Removed the United States from the United Nations Human Rights Council due to the group’s blatant anti-Israel bias.

Brokered historic peace agreements between Israel and Arab-Muslim countries, including the United Arab Emirates, the Kingdom of Bahrain, and Sudan.

In addition, the United States negotiated a normalization agreement between Israel and Morocco, and recognized Moroccan Sovereignty over the entire Western Sahara, a position with long standing bipartisan support.

Brokered a deal for Kosovo to normalize ties and establish diplomatic relations with Israel.

Announced that Serbia would move its embassy in Israel to Jerusalem.

First American president to address an assembly of leaders from more than 50 Muslim nations, and reach an agreement to fight terrorism in all its forms.

Established the Etidal Center to combat terrorism in the Middle East in conjunction with the Saudi Arabian Government.

Announced the Vision for Peace Political Plan – a two-state solution that resolves the risks of Palestinian statehood to Israel’s security, and the first time Israel has agreed to a map and a Palestinian state.

Released an economic plan to empower the Palestinian people and enhance Palestinian governance through historic private investment.

Stood up against Communism and Socialism in the Western Hemisphere.

Reversed the previous Administration’s disastrous Cuba policy, canceling the sellout deal with the Communist Castro dictatorship.

Pledged not to lift sanctions until all political prisoners are freed; freedoms of assembly and expression are respected; all political parties are legalized; and free elections are scheduled.

Enacted a new policy aimed at preventing American dollars from funding the Cuban regime, including stricter travel restrictions and restrictions on the importation of Cuban alcohol and tobacco.

Implemented a cap on remittances to Cuba.

Enabled Americans to file lawsuits against persons and entities that traffic in property confiscated by the Cuban regime.

First world leader to recognize Juan Guaido as the Interim President of Venezuela and led a diplomatic coalition against the Socialist Dictator of Venezuela, Nicolas Maduro.

Blocked all property of the Venezuelan Government in the jurisdiction of the United States.

Cut off the financial resources of the Maduro regime and sanctioned key sectors of the Venezuelan economy exploited by the regime.

Brought criminal charges against Nicolas Maduro for his narco-terrorism.

Imposed stiff sanctions on the Ortega regime in Nicaragua.

Joined together with Mexico and Canada in a successful bid to host the 2026 FIFA World Cup, with 60 matches to be held in the United States.

Won bid to host the 2028 Summer Olympics in Los Angeles, California.

Colossal Rebuilding of the Military

Rebuilt the military and created the Sixth Branch, the United States Space Force.

Completely rebuilt the United States military with over $2.2 trillion in defense spending, including $738 billion for 2020.

Secured three pay raises for our service members and their families, including the largest raise in a decade.

Established the Space Force, the first new branch of the United States Armed Forces since 1947.

Modernized and recapitalized our nuclear forces and missile defenses to ensure they continue to serve as a strong deterrent.

Upgraded our cyber defenses by elevating the Cyber Command into a major warfighting command and by reducing burdensome procedural restrictions on cyber operations.

Vetoed the FY21 National Defense Authorization Act, which failed to protect our national security, disrespected the history of our veterans and military, and contradicted our efforts to put America first.

Defeated terrorists, held leaders accountable for malign actions, and bolstered peace around the world.

Defeated 100 percent of ISIS’ territorial caliphate in Iraq and Syria.

Freed nearly 8 million civilians from ISIS’ bloodthirsty control, and liberated Mosul, Raqqa, and the final ISIS foothold of Baghuz.

Killed the leader of ISIS, Abu Bakr al-Baghdadi, and eliminated the world’s top terrorist, Qasem Soleimani.

Created the Terrorist Financing Targeting Center (TFTC) in partnership between the United States and its Gulf partners to combat extremist ideology and threats, and target terrorist financial networks, including over 60 terrorist individuals and entities spanning the globe.

Twice took decisive military action against the Assad regime in Syria for the barbaric use of chemical weapons against innocent civilians, including a successful 59 Tomahawk cruise missiles strike.

Authorized sanctions against bad actors tied to Syria’s chemical weapons program.

Negotiated an extended ceasefire with Turkey in northeast Syria.

Addressed gaps in American’s defense-industrial base, providing much-needed updates to improve the safety of our country.

Protected America’s defense-industrial base, directing the first whole-of-government assessment of our manufacturing and defense supply chains since the 1950s.

Took decisive steps to secure our information and communications technology and services supply chain, including unsafe mobile applications.

Completed several multi-year nuclear material removal campaigns, securing over 1,000 kilograms of highly enriched uranium and significantly reducing global nuclear threats.

Signed an executive order directing Federal agencies to work together to diminish the capability of foreign adversaries to target our critical electric infrastructure.

Established a whole-of-government strategy addressing the threat posed by China’s malign efforts targeting the United States taxpayer-funded research and development ecosystem.

Advanced missile defense capabilities and regional alliances.

Bolstered the ability of our allies and partners to defend themselves through the sale of aid and military equipment.

Signed the largest arms deal ever, worth nearly $110 billion, with Saudi Arabia.

Serving and Protecting Our Veterans

Reformed the Department of Veterans Affairs (VA) to improve care, choice, and employee accountability.

Signed and implemented the VA Mission Act, which made permanent Veterans CHOICE, revolutionized the VA community care system, and delivered quality care closer to home for Veterans.

The number of Veterans who say they trust VA services has increased 19 percent to a record 91 percent, an all-time high.

Offered same-day emergency mental health care at every VA medical facility, and secured $9.5 billion for mental health services in 2020.

Signed the VA Choice and Quality Employment Act of 2017, which ensured that veterans could continue to see the doctor of their choice and wouldn’t have to wait for care.

During the Trump Administration, millions of veterans have been able to choose a private doctor in their communities.

Expanded Veterans’ ability to access telehealth services, including through the “Anywhere to Anywhere” VA healthcare initiative leading to a 1000 percent increase in usage during COVID-19.

Signed the Veterans Affairs Accountability and Whistleblower Protection Act and removed thousands of VA workers who failed to give our Vets the care they have so richly deserve.

Signed the Veterans Appeals Improvement and Modernization Act of 2017 and improved the efficiency of the VA, setting record numbers of appeals decisions.

Modernized medical records to begin a seamless transition from the Department of Defense to the VA.

Launched a new tool that provides Veterans with online access to average wait times and quality-of-care data.

The promised White House VA Hotline has fielded hundreds of thousands of calls.

Formed the PREVENTS Task Force to fight the tragedy of Veteran suicide.

Decreased veteran homelessness, improved education benefits, and achieved record-low veteran unemployment.

Signed and implemented the Forever GI Bill, allowing Veterans to use their benefits to get an education at any point in their lives.

Eliminated every penny of Federal student loan debt owed by American veterans who are completely and permanently disabled.

Compared to 2009, 49 percent fewer veterans experienced homelessness nationwide during 2019.

Signed and implemented the HAVEN Act to ensure that Veterans who’ve declared bankruptcy don’t lose their disability payments.

Helped hundreds of thousands of military service members make the transition from the military to the civilian workforce, and developed programs to support the employment of military spouses.

Placed nearly 40,000 homeless veterans into employment through the Homeless Veterans Reintegration Program.

Placed over 600,000 veterans into employment through American Job Center services.

Enrolled over 500,000 transitioning service members in over 20,000 Department of Labor employment workshops.

Signed an executive order to help Veterans transition seamlessly into the United States Merchant Marine.

Making Communities Safer

Signed into law landmark criminal justice reform.

Signed the bipartisan First Step Act into law, the first landmark criminal justice reform legislation ever passed to reduce recidivism and help former inmates successfully rejoin society.

Promoted second chance hiring to give former inmates the opportunity to live crime-free lives and find meaningful employment.

Launched a new “Ready to Work” initiative to help connect employers directly with former prisoners.

Awarded $2.2 million to states to expand the use of fidelity bonds, which underwrite companies that hire former prisoners.

Reversed decades-old ban on Second Chance Pell programs to provide postsecondary education to individuals who are incarcerated expand their skills and better succeed in the workforce upon re-entry.

Awarded over $333 million in Department of Labor grants to nonprofits and local and state governments for reentry projects focused on career development services for justice-involved youth and adults who were formerly incarcerated.

Unprecedented support for law-enforcement.

In 2019, violent crime fell for the third consecutive year.

Since 2016, the violent crime rate has declined over 5 percent and the murder rate has decreased by over 7 percent.

Launched Operation Legend to combat a surge of violent crime in cities, resulting in more than 5,500 arrests.

Deployed the National Guard and Federal law enforcement to Kenosha to stop violence and restore public safety.

Provided $1 million to Kenosha law enforcement, nearly $4 million to support small businesses in Kenosha, and provided over $41 million to support law enforcement to the state of Wisconsin.

Deployed Federal agents to save the courthouse in Portland from rioters.

Signed an executive order outlining ten-year prison sentences for destroying Federal property and monuments.

Directed the Department of Justice (DOJ) to investigate and prosecute Federal offenses related to ongoing violence.

DOJ provided nearly $400 million for new law enforcement hiring.

Endorsed by the 355,000 members of the Fraternal Order of Police.

Revitalized Project Safe Neighborhoods, which brings together Federal, state, local, and tribal law enforcement officials to develop solutions to violent crime.

Improved first-responder communications by deploying the FirstNet National Public Safety Broadband Network, which serves more than 12,000 public safety agencies across the Nation.

Established a new commission to evaluate best practices for recruiting, training, and supporting law enforcement officers.

Signed the Safe Policing for Safe Communities executive order to incentive local police department reforms in line with law and order.

Made hundreds of millions of dollars’ worth of surplus military equipment available to local law enforcement.

Signed an executive order to help prevent violence against law enforcement officers.

Secured permanent funding for the 9/11 Victim Compensation Fund for first responders.

Implemented strong measures to stem hate crimes, gun violence, and human trafficking.

Signed an executive order making clear that Title VI of the Civil Rights Act of 1964 applies to discrimination rooted in anti-Semitism.

Launched a centralized website to educate the public about hate crimes and encourage reporting.

Signed the Fix NICS Act to keep guns out of the hands of dangerous criminals.

Signed the STOP School Violence Act and created a Commission on School Safety to examine ways to make our schools safer.

Launched the Foster Youth to Independence initiative to prevent and end homelessness among young adults under the age of 25 who are in, or have recently left, the foster care system.

Signed the Trafficking Victims Protection Reauthorization Act, which tightened criteria for whether countries are meeting standards for eliminating trafficking.

Established a task force to help combat the tragedy of missing or murdered Native American women and girls.

Prioritized fighting for the voiceless and ending the scourge of human trafficking across the Nation, through a whole of government back by legislation, executive action, and engagement with key industries.

Created the first-ever White House position focused solely on combating human trafficking.

Cherishing Life and Religious Liberty

Steadfastly supported the sanctity of every human life and worked tirelessly to prevent government funding of abortion.

Reinstated and expanded the Mexico City Policy, ensuring that taxpayer money is not used to fund abortion globally.

Issued a rule preventing Title X taxpayer funding from subsiding the abortion industry.

Supported legislation to end late-term abortions.

Cut all funding to the United Nations population fund due to the fund’s support for coercive abortion and forced sterilization.

Signed legislation overturning the previous administration’s regulation that prohibited states from defunding abortion facilities as part of their family planning programs.

Fully enforced the requirement that taxpayer dollars do not support abortion coverage in Obamacare exchange plans.

Stopped the Federal funding of fetal tissue research.

Worked to protect healthcare entities and individuals’ conscience rights – ensuring that no medical professional is forced to participate in an abortion in violation of their beliefs.

Issued an executive order reinforcing requirement that all hospitals in the United States provide medical treatment or an emergency transfer for infants who are in need of emergency medical care—regardless of prematurity or disability.

Led a coalition of countries to sign the Geneva Consensus Declaration, declaring that there is no international right to abortion and committing to protecting women’s health.

First president in history to attend the March for Life.

Stood up for religious liberty in the United States and around the world.

Protected the conscience rights of doctors, nurses, teachers, and groups like the Little Sisters of the Poor.

First president to convene a meeting at the United Nations to end religious persecution.

Established the White House Faith and Opportunity Initiative.

Stopped the Johnson Amendment from interfering with pastors’ right to speak their minds.

Reversed the previous administration’s policy that prevented the government from providing disaster relief to religious organizations.

Protected faith-based adoption and foster care providers, ensuring they can continue to serve their communities while following the teachings of their faith.

Reduced burdensome barriers to ensure Native Americans are free to keep spiritually and culturally significant eagle feathers found on their tribal lands.

Took action to ensure Federal employees can take paid time off work to observe religious holy days.

Signed legislation to assist religious and ethnic groups targeted by ISIS for mass murder and genocide in Syria and Iraq.

Directed American assistance toward persecuted communities, including through faith-based programs.

Launched the International Religious Freedom Alliance – the first-ever alliance devoted to confronting religious persecution around the world.

Appointed a Special Envoy to monitor and combat anti-Semitism.

Imposed restrictions on certain Chinese officials, internal security units, and companies for their complicity in the persecution of Uighur Muslims in Xinjiang.

Issued an executive order to protect and promote religious freedom around the world.

Safeguarding the Environment

Took strong action to protect the environment and ensure clean air and clean water.

Took action to protect vulnerable Americans from being exposed to lead and copper in drinking water and finalized a rule protecting children from lead-based paint hazards.

Invested over $38 billion in clean water infrastructure.

In 2019, America achieved the largest decline in carbon emissions of any country on earth. Since withdrawing from the Paris Climate Accord, the United States has reduced carbon emissions more than any nation.

American levels of particulate matter – one of the main measures of air pollution – are approximately five times lower than the global average.

Between 2017 and 2019, the air became 7 percent cleaner – indicated by a steep drop in the combined emissions of criteria pollutants.

Led the world in greenhouse gas emissions reductions, having cut energy-related CO2 emissions by 12 percent from 2005 to 2018 while the rest of the world increased emissions by 24 percent.

In FY 2019 the Environmental Protection Agency (EPA) cleaned up more major pollution sites than any year in nearly two decades.

The EPA delivered $300 million in Brownfields grants directly to communities most in need including investment in 118 Opportunity Zones.

Placed a moratorium on offshore drilling off the coasts of Georgia, North Carolina, South Carolina, and Florida.

Restored public access to Federal land at Bears Ears National Monument and Grand Staircase-Escalante National Monument.

Recovered more endangered or threatened species than any other administration in its first term.

Secured agreements and signed legislation to protect the environment and preserve our Nation’s abundant national resources.

The USMCA guarantees the strongest environmental protections of any trade agreement in history.

Signed the Save Our Seas Act to protect our environment from foreign nations that litter our oceans with debris and developed the first-ever Federal strategic plan to address marine litter.

Signed the Great American Outdoors Act, securing the single largest investment in America’s National Parks and public lands in history.

Signed the largest public lands legislation in a decade, designating 1.3 million new acres of wilderness.

Signed a historic executive order promoting much more active forest management to prevent catastrophic wildfires.

Opened and expanded access to over 4 million acres of public lands for hunting and fishing.

Joined the One Trillion Trees Initiative to plant, conserve, and restore trees in America and around the world.

Delivered infrastructure upgrades and investments for numerous projects, including over half a billion dollars to fix the Herbert Hoover Dike and expanding funding for Everglades restoration by 55 percent.

Expanding Educational Opportunity

Fought tirelessly to give every American access to the best possible education.

The Tax Cuts and Jobs Act expanded School Choice, allowing parents to use up to $10,000 from a 529 education savings account to cover K-12 tuition costs at the public, private, or religious school of their choice.

Launched a new pro-American lesson plan for students called the 1776 Commission to promote patriotic education.

Prohibited the teaching of Critical Race Theory in the Federal government.

Established the National Garden of American Heroes, a vast outdoor park that will feature the statues of the greatest Americans to ever live.

Called on Congress to pass the Education Freedom Scholarships and Opportunity Act to expand education options for 1 million students of all economic backgrounds.

Signed legislation reauthorizing the D.C. Opportunity Scholarship program.

Issued updated guidance making clear that the First Amendment right to Free Exercise of Religion does not end at the door to a public school.

Took action to promote technical education.

Signed into law the Strengthening Career and Technical Education for the 21st Century Act, which provides over 13 million students with high-quality vocational education and extends more than $1.3 billion each year to states for critical workforce development programs.

Signed the INSPIRE Act which encouraged NASA to have more women and girls participate in STEM and seek careers in aerospace.

Allocated no less than $200 million each year in grants to prioritize women and minorities in STEM and computer science education.

Drastically reformed and modernized our educational system to restore local control and promote fairness.

Restored state and local control of education by faithfully implementing the Every Student Succeeds Act.

Signed an executive order that ensures public universities protect First Amendment rights or they will risk losing funding, addresses student debt by requiring colleges to share a portion of the financial risk, and increases transparency by requiring universities to disclose information about the value of potential educational programs.

Issued a rule strengthening Title IX protections for survivors of sexual misconduct in schools, and that – for the first time in history – codifies that sexual harassment is prohibited under Title IX.

Negotiated historic bipartisan agreement on new higher education rules to increase innovation and lower costs by reforming accreditation, state authorization, distance education, competency-based education, credit hour, religious liberty, and TEACH Grants.

Prioritized support for Historically Black Colleges and Universities.

Moved the Federal Historically Black Colleges and Universities (HBCU) Initiative back to the White House.

Signed into law the FUTURE Act, making permanent $255 million in annual funding for HBCUs and increasing funding for the Federal Pell Grant program.

Signed legislation that included more than $100 million for scholarships, research, and centers of excellence at HBCU land-grant institutions.

Fully forgave $322 million in disaster loans to four HBCUs in 2018, so they could fully focus on educating their students.

Enabled faith-based HBCUs to enjoy equal access to Federal support.

Combatting the Opioid Crisis

Brought unprecedented attention and support to combat the opioid crisis.

Declared the opioid crisis a nationwide public health emergency.

Secured a record $6 billion in new funding to combat the opioid epidemic.

Signed the SUPPORT for Patients and Communities Act, the largest-ever legislative effort to address a drug crisis in our Nation’s history.

Launched the Initiative to Stop Opioid Abuse and Reduce Drug Supply and Demand in order to confront the many causes fueling the drug crisis.

The Department of Health and Human Services (HHS) awarded a record $9 billion in grants to expand access to prevention, treatment, and recovery services to States and local communities.

Passed the CRIB Act, allowing Medicaid to help mothers and their babies who are born physically dependent on opioids by covering their care in residential pediatric recovery facilities.

Distributed $1 billion in grants for addiction prevention and treatment.

Announced a Safer Prescriber Plan that seeks to decrease the amount of opioids prescriptions filled in America by one third within three years.

Reduced the total amount of opioids prescriptions filled in America.

Expanded access to medication-assisted treatment and life-saving Naloxone.

Launched FindTreatment.gov, a tool to find help for substance abuse.

Drug overdose deaths fell nationwide in 2018 for the first time in nearly three decades.

Launched the Drug-Impaired Driving Initiative to work with local law enforcement and the driving public at large to increase awareness.

Launched a nationwide public ad campaign on youth opioid abuse that reached 58 percent of young adults in America.

Since 2016, there has been a nearly 40 percent increase in the number of Americans receiving medication-assisted treatment.

Approved 29 state Medicaid demonstrations to improve access to opioid use disorder treatment, including new flexibility to cover inpatient and residential treatment.

Approved nearly $200 million in grants to address the opioid crisis in severely affected communities and to reintegrate workers in recovery back into the workforce.

Took action to seize illegal drugs and punish those preying on innocent Americans.

In FY 2019, ICE HSI seized 12,466 pounds of opioids including 3,688 pounds of fentanyl, an increase of 35 percent from FY 2018.

Seized tens of thousands of kilograms of heroin and thousands of kilograms of fentanyl since 2017.

The Department of Justice (DOJ) prosecuted more fentanyl traffickers than ever before, dismantled 3,000 drug trafficking organizations, and seized enough fentanyl to kill 105,000 Americans.

DOJ charged more than 65 defendants collectively responsible for distributing over 45 million opioid pills.

Brought kingpin designations against traffickers operating in China, India, Mexico, and more who have played a role in the epidemic in America.

Indicted major Chinese drug traffickers for distributing fentanyl in the U.S for the first time ever, and convinced China to enact strict regulations to control the production and sale of fentanyl.

[billehrman]

The Opening Trade Revisited

The Reopening Trade Revisited

The Delta variant, Hurricane Ida, shortages, and supply line issues are penalizing growth in the third quarter but not our view of the other side. It may ensure higher growth in 2022 than previously estimated as governments boost spending from previous plans and monetary authorities remain overly accommodative longer, with the Fed postponing tapering until next year. We expect our economy to regain momentum in the fall and the global economy to pick up steam next year. Recent economic data points here and abroad confirm the near-term slowdown, but the solid underlying longer-term fundamentals have not changed.

The financial markets continue to hit new highs, but there has been constant rotation from growth to value and back to growth again. We believe that the next move will be back to value/economically sensitive companies as governments react to the slowdowns by accelerating spending plans, mainly infrastructure, while monetary bodies maintain their overly accommodative policies longer delaying tapering, pointing to the recent pause in growth. While we will continue to own an outsized technology position as we are still in the early innings of elevated spending levels as companies must boost productivity to control costs and remain globally competitive, we have begun to add to economically sensitive/value companies who will benefit from accelerating global growth and trillions of new infrastructure spending. Liquidity trends remain strong, so we would take advantage of any corrections by adding to positions.

The key to the economy reaccelerating remains to getting our arms around the Delta variant by vaccinating all the unvaccinated. It appears that Dr. Gottlieb may be right as the number of cases/deaths is peaking in the south, where the outbreak occurred first. Unfortunately, cases/deaths are still increasing in the North and West, but he expects them to peak in a few weeks. More than 5.39 billion doses have been administered across 182 countries at a rate of roughly 41.6 million per day. In the U.S., 372 million doses have been given so far at an average rate of 918,000 doses per day. It will take less than five months to vaccinate 75% of the world population fully. Moderna filed for U.S authorization for a booster shot, indicating that it raised antibody levels 40-fold in clinical studies. We expect the FDA to approve booster shots within a few weeks, and Pfizer, Moderna, and J&J will have over 7 billion doses available worldwide to handle everyone and all contingencies. Even if a new variant pops up, we expect vaccine modifications could be completed very quickly. We see no reason that vaccines should not be mandated for all, as we have done in the past for other pandemics.

While we did not hear from Fed members this week, they face challenges ahead. In the last few weeks, the economy has softened considerably as the Delta variant spread. Also, pandemic unemployment benefits end in September for 7.5 million people. They will not even discuss tapering until the delta variant spike is under control and they see the impact of reduced government support on spending. While we do believe that most of the inflationary pressures will be transitory, shortages and supply line issues may extend well into 2022, testing the Fed’s resolve.

We are getting more confident that the $1 trillion-dollar plus traditional infrastructure bill will be on President Biden’s desk within a month as it will be political insanity for Pelosi and the Dems to hold it hostage to the $3 trillion plus social infrastructure bill after all the damage caused by Hurricane Ida. Here is what is included in the traditional infrastructure package: $110 billion for roads, bridges, and major projects; $39 billion to modernize public transit; $66 billion for passenger and freight rail; $65 billion for broadband infrastructure; $17 billion for ports; $25 billion for airports; $7.5 billion for zero and low emission buses and ferries; $7.5 billion for electric chargers; $65 billion to rebuild to grid plus another $50 billion to make it more resilient; and $21 billion to clean up Superfund and brownfield sites. The House will address the larger bill under reconciliation. And suppose Democratic Senator Joe Manchin sticks to his guns, urging a “strategic pause” on the $3.5 trillion bills wanting a far smaller reconciliation bill that America can afford and needs to spend. In that case, it is dead in the water as is. We expect a far smaller bill with less tax bite to keep America competitive and the entrepreneurial spirit alive.

Economic data points have been a mixed bag over the last few weeks: employment rose only 235,000 compared to an estimate close to 750,000; TSA airport screenings dropped to the lowest level since March as travel and fares are dropping; high-frequency charts show a weakening economy from Delta; pending home sales fell 1.9%; the Dallas Fed Manufacturing Survey fell to +9 from +25; airline booking for Labor Day is 19% below 2019 levels; consumer confidence fell to a six month low, and total productivity increased by only 2.1% while manufacturing productivity increased a more robust 8% in the second quarter.  On the other hand, U.S manufacturer's gauge of factory activity rose to 59.9 as the backlogs index increased to 68.2; the new orders index stood at 66.7; unemployment insurance claims fell to 340,000, and construction spending increased by 0.3%.

Economic data points abroad also show weakening trends due to the Delta variant, shortages, and supply line issues. China’s weakness stood out as the government took extreme actions to eradicate the virus: the non-manufacturers purchasing managers index fell to 47.5 in August from 53.3 with specific weakness in services down to 46.7; the manufacturers' index slipped 49.2, down from 50.3. In addition, Japan’s August Manufacturing PMI fell t0 52.7 while confidence in the Eurozone economy dropped to 117.5 as order books deteriorated and retail sales weakened. On the other hand, Europe’s factory backlog hit a record high as companies struggled to meet demand due to shortages and supply line constraints. India’s economy grew 20.1% in the second quarter but has slowed since then due to covid such that growth forecasts have been reduced to 9.5% for the fiscal year ending March 2022. Finally, Australia’s final Markit Manufacturing came in at 52.0 vs. 56.9 last month.

Investment Conclusions

Global growth has slowed over the last month due to the outbreak of the Delta variant, shortages, and supply line issues. We believe that governments and monetary authorities will respond quickly to support their economies just as the variant peaks. Growth, on the other side, will be more robust than initially projected. The market remains one step behind emphasizing growth over value/economic sensitivity. It is time to rotate again and invest in the re-reopening trade, as we did late last summer. We will continue to hold most of our tech positions as we remain in the early innings of above-average tech spending that we discussed last week. We also added to defense positions after Afghanistan.

The time has come for our government to pass a much-needed traditional infrastructure bill that strengthens the very core of America and rewards investment/risk-taking.  If we have learned anything from the pandemic, we need to shorten supply lines and support research to remain an economic powerhouse. And we must always be there for our friends.

[mye2edeals]

Do you have the same question which I had eight years back? Why are electric cycles important?

According to today scenario, everyone must have an electric cycle. Therefore, this blog has listed four important reasons to live the best lifestyle with Nexzu electric cycle.

 1. Improve fitness

2. Save money

3. Nature E-friendly

4. Fast and flexible                                                              

https://mye2edeals.com/blog/are-you-thinking-about-petrol-cost-do-you-want-to-be-fit-click-here-for-know-the-solution-from-nexzu-electric-bike/

 1. Improve fitness:

Scientists at the Switzerland's University of Basel have found that an E-bike is equally effective in increasing fitness than regular bikes. Although the E-bike pedals are assisted, it is still an exercise that can improve your mental and physical health. In addition, many customizable E-bikes can be used for exercise if you're more interested in fitness.

A typical bicycle can be more taxing and will give you a better workout. But, it is less convenient for everyday use. A regular bike is a commitment to intense exercise and sweat. Motor assistance makes the task easier for electric bikes. This makes it easy to incorporate into your daily life. For example, by biking to work, you can save money on gas. The bike is more fun, and you'll be exercising more, as you can ride it every day.

These are all great ways electric bikes can help you stay active, especially if your lifestyle is sedentary.

2. Reduce the expense:

This article may help you make the right decision if you're thinking of buying an E-bike. An E-bike will pay for itself quickly if you can use it. Electricbike.com has compiled a list of 7 ways that an electric bike can help you save money to help you make the right decision about buying an Ebike. Not only will you be doing something for the environment (one less car), but you will be doing something for yourself and your financial future. An electric bike is a smart investment. Here are the reasons why.

 An e-bike battery can be charged for only a few     rupees, and you can go up to 100 km. Because of its lightweight and     efficient electric motor, an electric bike is more efficient than any car.     Are petrol prices set to rise again? What do you think? What     do you think?

You save time when you consider parking and traffic. An     E-bike can be faster than a car in big cities. Time is money.

Tolls and parking: E-bikes can be locked to any metal     post, just like a bicycle. They aren't required to pay tolls for bridges and     auto ways, just like a bicycle. They do not need to renew their annual     registration or have insurance.

Cheap recreation: An electric bikes are a blast to     ride! You can save money if you choose to ride an E-bike over other forms     of expensive entertainment such as motorbikes, skydiving or going to the     movies.

E-bikes can be more healthful than regular bikes.     E-bikes have a higher likelihood of you riding more often. Exercising is     good for your body and mind. It will also save you money over the long     term regarding health care costs, life expectancy, and other expenses.

An E-bike is a good tool for emergency preparedness. It     can help you quickly get to the other side of town in major disasters     (clogged roads, etc.).

Two E-bikes are a great way to find your soulmate and     have a good time with her without spending a lot of money.

 3. Nature E-friendly:

Unlike other forms of powered transportation like cars, trucks, and motorcycles that run on gasoline and diesel, electric bikes do not emit carbon dioxide into the atmosphere. This is because electric bikes require both electric and human energy to propel them. A rechargeable battery will provide electric energy.

You can use 100% of the environmentally-friendly energy to charge your bike's battery using green and clean solar power. This will make it more sustainable. For example, a passenger vehicle can emit six metric tons of CO2 per year. Larger vehicles, especially diesel-powered ones, emit more.

You can use 100% of the environmentally-friendly energy to charge your bike's battery using green and clean solar power. This will make it more sustainable. A passenger vehicle can emit six metric tons of carbon dioxide per year. Larger vehicles, especially diesel-powered ones, emit more.

Electric bikes, as already mentioned, provide zero emissions. They don't emit harmful gases or smog, which can cause respiratory problems and other health problems. Electric bikes are great for urban areas that are already plagued with high levels of carbon emissions. E-bikes also emit very little sound, making them a great choice for urban areas, particularly those who live, work, or walk along the roadsides.

Six times more efficient than riding a train, electric bikes can be six times faster. You can also travel solo if you wish and have the freedom to move around without any restrictions. However, you will likely be sharing a space with other passengers on the bus or train, which could lead to you getting sick.

Electric bikes, even though we're still suffering from the COVID-19 pandemic that has claimed the lives over; people seem safer and more convenient ways to travel the world.

 4. Fast and flexible:

Most people thinking about the electric cycle can't go so long, but the Nexzu electric cycle changes history. Nexzu is releasing the 100KM cycle, and the look of the E-bike is beautiful, but we need to accept the fact electric vehicle is future. Even Benz also started launching electric cars.

Don't wait for long, otherwise you will be outdated. So come and let's join the hands together for a better and bright future through Nexzu electric cycle.

[investoptionwin]

Types of Add-Ons for Any Car Insurance Policy

When it comes to protecting your vehicle, a standard car insurance policy may not always provide comprehensive coverage. This is where add-ons, also known as riders, come into play. Add-ons can enhance your car insurance policy, offering additional protection and peace of mind. In this blog, we will explore various types of add-ons available for car insurance, highlighting their benefits and why they might be worth considering. We’ll also integrate key terms such as car insurance, car insurance online, third party insurance, motor insurance, car insurance policy, best car insurance, car insurance price, new car insurance, car policy, and car insurance companies.

What are Car Insurance Add-Ons?

Car insurance add-ons are optional coverages that you can purchase in addition to your base car insurance policy. These add-ons provide extra protection for specific scenarios not covered by standard policies, allowing you to tailor your car insurance to better meet your needs.

Types of Car Insurance Add-Ons

Zero Depreciation Cover- Also known as nil depreciation or bumper-to-bumper cover, this add-on ensures that you receive the full claim amount without any deduction for depreciation on parts. It is especially beneficial for new car insurance as it covers the entire cost of repairs or replacements.

Engine Protection Cover — This add-on covers damages to the engine due to water ingress, oil leakage, or other issues not typically covered under a standard car insurance policy. It is particularly useful for those living in areas prone to flooding.

Roadside Assistance- Roadside assistance provides help in case of a breakdown or emergency on the road. Services typically include towing, battery jump-start, fuel delivery, flat tire change, and locksmith services. This add-on is essential for frequent travelers.

No Claim Bonus (NCB) Protection- No Claim Bonus is a discount on the premium you earn for not making any claims during the policy period. The NCB protection add-on ensures that you do not lose this bonus even if you make a small claim during the policy year.

Consumables Cover- This add-on covers the cost of consumables such as engine oil, lubricants, nuts and bolts, screws, washers, and other small parts that are not usually covered under a standard car insurance policy. It is beneficial for comprehensive coverage during repairs.

Personal Accident Cover for Passengers- In addition to the mandatory personal accident cover for the driver, this add-on provides coverage for passengers traveling in the insured vehicle. It ensures financial protection in case of accidental injuries or death.

Return to Invoice Cover- This add-on ensures that in case of total loss or theft of the vehicle, you are reimbursed the invoice value of the car, including registration costs, road tax, and insurance. This is particularly useful for new car insurance policies.

Key Replacement Cover- This add-on covers the cost of replacing lost or stolen keys, including the locks if necessary. It provides peace of mind knowing you won’t incur hefty costs for key replacement.

Tyre Protection Cover- This add-on covers the cost of repair or replacement of damaged tires due to accidents, cuts, bursts, or impact damages. It is beneficial for those who frequently travel on rough terrains.

Daily Allowance Cover- This add-on provides a daily allowance for transportation if your car is in the garage for repairs following an accident. It helps cover the cost of alternative transportation.

Benefits of Car Insurance Add-Ons

Enhanced Protection: Add-ons provide additional layers of protection that go beyond the basic coverage of standard car insurance policies.

Customization: They allow you to tailor your car policy to meet specific needs and risks associated with your driving habits and environment.

Financial Security: Add-ons help mitigate unexpected expenses that can arise from car repairs, replacements, or emergencies.

Peace of Mind: Knowing that you have comprehensive coverage for various scenarios gives you peace of mind while driving.

How to Choose the Best Car Insurance Add-Ons

Assess Your Needs: Consider your driving habits, the age of your car, and the risks you are exposed to. For instance, a zero depreciation cover is more suitable for new cars, while an engine protection cover is beneficial for areas prone to flooding.

Compare Car Insurance Online: Use online comparison tools to compare different car insurance policies and add-ons offered by various car insurance companies. Look for the best car insurance options that provide the add-ons you need at a reasonable price.

Check the Car Insurance Price: Evaluate the cost of add-ons in relation to the benefits they offer. Ensure that the additional premium for the add-ons is justified by the coverage they provide.

Read the Fine Print: Carefully read the terms and conditions of each add-on, including exclusions and limitations, to make an informed decision.

Consult with Experts: If you are unsure about which add-ons to choose, consult with insurance experts or agents who can provide personalized recommendations based on your specific requirements.

Conclusion

Car insurance add-ons are valuable enhancements that can significantly improve the coverage of your standard car insurance policy. By understanding the various types of add-ons available and evaluating your individual needs, you can choose the best car insurance coverage that offers comprehensive protection for your vehicle. Remember to compare options, assess costs, and read the fine print before making a decision. Whether you buy car insurance online or through an agent, the right add-ons can provide you with peace of mind and financial security on the road.

[uk-news-talking-politics]

Peak uncertainty: This is what covid might do to our politics

By Chaminda Jayanetti

Just because something should happen, doesn't mean it will.

Many articles speculating on how Britain will look different after coronavirus mistake what the writer thinks should happen with what probably will, trusting in the logic of the moment when politics often obeys anything but.

Others focus on the party political fallout, which is the most unpredictable aspect of all. Coronavirus may determine the next election - or it may play no role in it at all.

But to really get an idea of how Britain could look on the other side, we need to get away from the big picture discussion and dig deep into policy areas.

Who cares?

The centrality of the NHS is now guaranteed no matter who is in charge. The Tories had already pledged increased funding, and the need for spare capacity in the event of pandemics may force a rethink of service redesigns and efficiency measures that aimed to minimise 'waste'.

Bigger questions surround the adult care system. No-one can now ignore the funding cuts and staff shortages that have left the care sector so depleted. If elderly and disabled people find themselves dying untreated in care homes in large numbers, this might - and should - become a point of national shame over the coming weeks.

The Tories' direction of travel is towards a social insurance system, whereby people pay in to a fund during their working lives that gives them access to care provision when they need it. But those who are retired or have lifelong care needs won't be able to pay into an insurance scheme before receiving care. These immediate care needs will need direct public funding, not long-term insurance.

Labour under Jeremy Corbyn took a different tack: universal free personal care for the over-65s, with an ambition to extend this to all working age adults. This is simpler and more inclusive than our current means tested mess, but it doesn't come cheap: Labour's manifesto estimated the cost as £11bn a year by 2023/24.

Keir Starmer will be under pressure from some to stick with their existing policy, and from others to engage with social insurance proposals. Keeping Labour MPs united behind whatever strategy he adopts won't be easy.

But it's plausible the Tories will also be pulled in another direction - towards voluntarism. The party's social and fiscal conservatives - uneasy bedfellows in recent years - could use the increased community cooperation seen amid the pandemic as evidence that volunteers and family members can take on more of the care burden, while still improving pay and conditions for care staff.

Expect to see rhetoric that the pandemic has 'unleashed' Britain's 'community spirit', which should be 'channelled' after the crisis by relying on family and neighbours to 'look in' on people in need - the soft-soap version of women doing unpaid care work in lieu of public services. The current trend in care provision is towards making use of what 'assets' people already have, including friends and family - an approach that can be used for good or ill. The temptation for the government to lean on unpaid volunteers instead of the taxpayer is not hard to imagine.

The care system was the biggest public service challenge facing the government before coronavirus. Now that's been magnified tenfold. It could become one of the big battlegrounds of post-pandemic politics, between competing visions of society based on universalism, managed markets, and voluntarism.

Bob Crow was right

Before his death in 2014, Bob Crow was one of the most demonised figures in Britain. His readiness to threaten to shut down rail networks as head of the RMT union made him a bête noire for commuters, causing considerable disruption.

Crow was a rarity in post-Thatcher Britain - a union leader who was ready to use strike action as a sword, not just a shield. Whereas most unions only went on strike in defence of existing jobs, pay and conditions, Crow levered the criticality of the role of his members to transform their economic position.

He was accused of holding passengers and politicians to ransom, but his argument was a simple one: the disruption caused by his members going on strike showed how important their role was, and they should be paid more - much more - to reflect this.

It has taken the worst pandemic in more than a century for many people to realise this point. Pay does not necessarily reflect the importance of a worker's role - in fact, very often it does nothing of the sort. Pay reflects many factors: supply and demand of labour, required skills and levels of education, the strength or weakness of collective bargaining, the resources of the employer, and the profit-making productivity of the role. The social necessity of the role comes below pretty much all of them.

There may well be a post-pandemic cross-party consensus for a higher minimum wage and more protection from exploitation - action on zero hours contracts, for example - to protect low-paid workers from poverty.

But Crow didn't want his members to be low paid at all. He wanted to transform their economic station. We keep hearing about essential workers in cleaning, portering, social care and customer service. Will this be rewarded with more middle class pay and conditions?

There are reasons to be doubtful. There will likely be broad acceptance of the importance of care workers, who are a very visible part of the fight against coronavirus. But that does not mean politicians will be ready to fork out for transformative pay rises. Will Starmer accept billions of pounds of extra spending on top of the £11bn Labour has already earmarked for social care, let alone the Tories?

And where is the industrial, political or public pressure going to come from to secure such pay rises for the often migrant workers in portering and cleaning? We don't want to accept it, but many workers on middle incomes would sneer at the idea of porters and cleaners being paid the same as them.

The safety net

The benefit system has taken a battering over the last decade. Now the economic shutdown is driving more than a million people to seek refuge in the rubble left behind.

The government has responded by performing emergency repairs -  raising benefit payments and scrapping job search requirements in a desperate attempt to stop the newly unemployed middle classes struggling in the way the unemployed poor were expected to.

Things could play out from here in a number of ways. If Universal Credit functions to a level the government can live with, they will declare the system a success, leaving Starmer in a politically difficult position. Will he keep Labour's pledge to axe what will have become an established system, or switch to reforming it, thus angering his left flank. Labour may try and build a minimum income guarantee using the framework of this system. Or they may 'abolish' Universal Credit by tweaking it and changing its name.

If Universal Credit simply topples over - unable to process claims properly, or pay out the right sums of money - the government might be forced to give up its costly and chaotic flagship scheme.

What then? Labour would push for a more generous system with far fewer conditions and sanctions. The Tories would be truly hamstrung, having in this scenario wasted a decade on a failed system.

Public opinion would not necessarily favour a more generous, less judgemental approach. The declared end of the pandemic, and the gradual return to some kind of economic normality, would likely bring back demands that the unemployed get back to work, and that they be cattle-prodded into doing so. Laid off workers do not carry the same image as health and care workers in this pandemic - and doubtless right wing ideologues will start shouting about the deficit the first chance they get.

But if the economic recovery is insipid, with little job creation, enduring high unemployment, and a stop-start lockdown as the virus returns, both parties could be drawn to more universal systems - a minimum income guarantee set at a liveable level, or even a Universal Basic Income.

The government toyed with introducing UBI last month, but it would face wide opposition from Tory MPs unhappy at its cost. Claire Ainsley, who is expected to be unveiled as Starmer's policy chief, is also a sceptic. It is expensive, blunt and largely untested. But if jobs don't reappear as the pandemic passes, the 'on yer bike' mentality that has underpinned the benefit system for decades will itself be left redundant.

A costly affair

Britain is running up huge deficits as sectors of the economy grind to a halt. How will all this be paid for? Starmer is calling for higher taxes on the rich, but that alone is unlikely to be sufficient, especially if corporate profits remain depressed for years. Everyone is going to have to pay more.

Could the Tories go in for funding cuts? Perhaps - but likely not at the scale we've seen. The big targets after 2010 were local government and welfare. The former can't be cut further without it collapsing. The Tories may winnow away at the latter. Foreign aid could take a hit. But the party would have to tear up its electoral strategy of higher spending on schools, hospitals and police to recreate full-blown Osbornomics.

Labour, and possibly even the Tories, may look to wealth taxes to help bring down the deficit. Taxing people's wealth would be a major shift in Britain's approach, and could finally tackle one of the key sources of economic inequality.

But there's a problem. The richest hold most of their wealth as financial assets, meaning they can easily move it to offshore tax havens. Fixed assets, like houses, tend to benefit the middle classes. Taxing property wealth could hit Tory homeowners while barely affecting hedge fund billionaires. Targeting the latter would require a Tory government to clamp down hard on tax havens.

Conservative MPs are likely to be split on middle class tax rises and spending cuts. If the Tories go after tax havens and impose a progressive wealth tax, it would be one of the most dramatic changes the pandemic brings about. The curtailment of the free movement of capital would be a paradigm-shifting development, and an extraordinary one for a Conservative government.

What does need to happen is for governments to spend on preventative services - such as social care - in the knowledge that this will cut required spending down the line. Only when that happens will Britain's fiscal politics finally grow up.

But on a variety of fronts, the British are going to have to decide what it is we are willing to pay for. If we want functioning public services and low deficits, we'll have to pay more tax. If we want properly paid frontline public servants, we'll have to pay more tax still. If we want to end poverty pay, we may have to pay more for goods. If we want to protect the high street, or British producers, we may have to pay more in digital sales taxes or import tariffs.

Cakeism has run out of road.

The known unknowns

If Britain does head down the path of higher taxes, more generous benefits and greater public provision, our politics and economy will start to look more European - either universalist northern European, or rather more patriarchal southern European.

But the irony is, we'll be firmly outside Europe. Nothing that is happening right now will be fostering a European identity among voters. And if the government decides to take radical action on the economy, that could mean Britain fundamentally diverges from EU rules, keeping us on a separate path into the future.

All this is predicated on coronavirus being conclusively 'defeated', and a one-off in its mortality, geographical spread and disruption. Those are the prerequisites for things eventually returning to some recognisable norm.

If, however, pandemics of this scale become even semi-regular, shutting down national economies for months at a time, everything changes. Rents become unpayable, debts unaffordable, jobs untenable, the economy itself unsustainable. When Rupert Harrison, George Osborne's former adviser, is openly suggesting debt forgiveness, we are in very new territory.

Most people will want life to get back to normal as soon as possible. But if normal never comes, anything goes. And even the most radical ideas we've discussed would be on the moderate end of what could happen then.

[oliverzafar]

CHANGE WILL COME FROM THE CHILDREN

Oliver Zafar officially announced his bid for the presidency in February of 2019, doing so as a left-leaning Independent candidate. His core values are based on progressivism and looking towards the future, ensuring a better America for both its present and future citizens.

Read more below about where he stands on the core issues facing Americans today!

CLIMATE CHANGE. Incredibly vocal about doing everything possible to stop climate change and vouches that the Green Movement can boost economic growth and create millions of new careers for those in the fossil fuel industry worried about losing their jobs. Launch a 10 to 15-year plan to transition to 100% clean energy and net-zero greenhouse gas pollution. Remove subsidies and tax breaks for the fossil-fuel industry and implement a Carbon Tax. Ban fracking and all fossil fuel exports. Require plastic bags in stores only be given out at a price. His own campaign is incredibly clean, offsetting all carbon emissions produced from travel activities and events by investing in renewable energy and carbon reduction projects.

GENDER AND RACE ISSUES. Mandate a universal paid parental leave policy for either or both parents. Fight the gender and race-based pay gap by requiring businesses to report salaries, promotions, and dismissals as broken down by gender and race to the public. Codify Roe v. Wade to continue ensuring safe and legal abortions. Conduct regular random, unannounced investigations into police officers to ensure no race or gender bias takes place. Work to decrease the disproportionate amount of women of color affected by infant mortality.

LGBTQ+ ISSUES. Describes the murder of black trans women in America as a “national crisis”. Include members of the LGBTQ+ community in the Equal Housing Act. Remove all legal loopholes that allow individuals to lose their jobs due to their sexuality in twenty-two states. Ban conversation therapy. Repeal the FDA’s policy that disallows gay men from donating blood.

HEALTHCARE: Work towards “Healthcare for All” by: a) sponsoring a buy-in program for Medicaid so that not only low-income individuals have the option to use public healthcare, and b) expanding Medicare by allowing people ages 50 to 64 to still buy into it. Have the government manufacture cheap generic drugs if prescription drug costs rise too high to stop excessive pharmaceutical price-gouging. Allow Americans to purchase medications from other countries as a way to lower consumer costs. Push to pass the Affordable Medications Act in the Senate to allow the federal government to negotiate drug prices with insurance companies under Medicare.

FOREIGN RELATIONS. Build a public and private international coalition against China’s intellectual property theft and compete against China in Asia with a TPP-style trade deal. Limit drone strikes, if not discontinue them completely. No military intervention in Venezuela’s current political climate.

ECONOMICS. Cut taxes on small businesses and farmers, raise them on corporations. Incorporate a VAT Tax to pay for many of his proposals, which he loves to emphasize is a tax already used by every developed country besides the US. Encourage more union-positive thinking throughout corporate America (he’s very proud of the fact that his own staff is unionized!). Stronger anti-trust regulations to break up monopolies and encourage companies to invest profits in their employees and communities.

IMMIGRATION. Repeal criminal penalties for people crossing the border. Reexamine the current immigration process and try to expedite/ease the process so that families are not forced to enter illegally. Conduct a comprehensive review of current ICE procedures and implement serious retraining based on federally approved security protocols. If this is still unsuccessful, abolish ICE and redistribute its responsibilities to other agencies. Increase foreign aid to Honduras, El Salvador, Guatemala, and other countries in crisis to thus reduce the flow of asylum seekers to the U.S.

STUDENT DEBT. Expand access to college by providing interest-free federal loans. Allow employers to make tax-free contributions to pay off their employees’ student debt and help those in work-study programs graduate without owing anything.  

EDUCATION. Introduce a free universal pre-K program to ensure all children have the same successful start. Introduce initiatives to increase the US’ advancement in science, technology, and mathematics when compared to other much more advanced developed countries. Research the amount of homework and schoolwork given at public schools and whether or not it’s the most productive to produce actual results.

DEFENSE. Lower military spending by ending regime-change wars and reducing the acquisition of nuclear weapons.

GUN REFORM. Enact the Disarmament Act with some modifications. Invest into research and development of “smart gun” technology and other technological preventative measures.

PACS: Reform campaign finance laws so that representatives don’t answer to donors, they answer to voters. Force every company that wants government contracts to disclose every campaign donation. Outlaw superPACs and overturn Citizens United.

— Please specify their target voter audience [age, ethnicity, region, income, etc]

Young, young, young! Oliver’s support is distributed between 18 to 44 years old, with very few older generations outside of his home state of Massachusetts willing to even hear him out. The quintessential Oliver voter is a grad student – high in education level but low in income. He’s also attracted a lot of support from people who are fed up with the two-party system that seems to permeate American politics and would instead prefer a more Independent candidate who doesn’t need to preen to Democratic powerhouses to make a decision. He polls very favorably among members of the LGBTQ+ community and people of color, especially Asians, Middle-Easterners, and Indians who want to see their region represented through either him or his fiancé. Both sides of the coast are the areas that his support is most concentrated in, especially Northeastern intellectual elites, while his spouts of passionate progressivism are lost on most of Middle America.

— What do their supporters love and believe in when it comes to their persona and campaign? AKA. What’s people’s reasoning for voting for your character?

The first thing Oliver’s supporters will cite as the reason that they vote for him is his passion. He speaks and campaigns with a kind of fire that most politicians lost before they even became elected. They love his youth after having grown up with generation of old white dirtbags ruling the country, and believe that as the first Millennial presidential candidate he understands the problems plaguing America’s most indebted, most stressed, and most socially conscious generation better than anyone else running. Progressives also appreciate how incredibly vocal he is about his experience as a gay man and a person of color who experienced an incredible amount of discrimination following 911.

— What does the opposition hate when it comes to their persona and campaign? AKA. What points are brought up when trying to convince others your character isn’t a good choice for the seat?

Take a seat y’all, this is gonna take a while: His youth is usually the first criticism people bring up, because it’s the one that’s least controversial as opposed to his sexuality or race (but we’ll get to that too). Even though he’s got over a decade of experience in politics, people hesitate to endorse someone who’s just a few years above the legal age to even run for president. His opposition will also bring up the hypocritical nature of his marriage, since Oliver’s this stalwart progressive while his fiancé writes for Republicans. Democrats and moderate Republicans usually stop there in terms of his personal life, but of course conservatives will reference his homosexuality as something “the country isn’t ready for” or bring up his Arabic roots as “something a post-911 USA shouldn’t trust”.

Aside from just personal issues, Oliver’s also received a lot of backlash for running as an Independent. Though he’s doing it for the sake of proving that a divisive two-party system is only going to ultimately hurt America (he’s got Madison 10 like… framed twice in his office), people are harsh to point out that he’s only going to take votes away from Berkeley and essentially hinder a Democratic victory. Oliver also doesn’t know how to just give no comment when asked questions by reporters (much to the exhaustion of his staff), which while seen as “endearingly passionate” by some is seen as “an inability to keep his goddamn mouth shut” by others. He’s also incredibly uncompromising on his key issues (climate change, healthcare, gun control, and student loans most prominently), which doesn’t resonate well with moderates who aren’t 100% committed to his radicalities. And as much as Oliver claims to fight for the people, he suffers from a chronic syndrome of Northeastern Elitism as a result of being an intellectually-raised, Harvard-educated, I’ve-read-The-Republic-in-its-original-Greek kind of guy that doesn’t hold Middle America at too high of a regard.

[theliberaltony]

via Politics – FiveThirtyEight

More than half of the Democratic field crowded into San Francisco this past weekend for the California Democratic Convention, where they tried to stand out in the crowded primary as the clock ticks away for the candidates to qualify for the first debates.

And with less than a week for candidates to hit the threshold to make the debate stage, the Democratic National Committee announced a rule change which leaves Montana Gov. Steve Bullock on the outside looking in. Bullock had qualified for the first debates, in Miami at the end of June, based on polling, but the DNC said on Thursday that two ABC News/Washington Post polls — one of which had put Bullock over the top — would no longer be counted. As of Thursday afternoon, that left 20 candidates who had met thresholds via polling and/or fundraising.

Meanwhile, the mass shooting in Virginia Beach last week brought the issue of gun violence to the fore, and former Vice President Joe Biden seemingly set himself apart from the rest of the crowd when he said he supported the Hyde amendment, which blocks federal funding of abortions. On Thursday, however, he appeared to reverse that position.

Here’s the weekly candidate roundup:

May 31-June 6, 2019

Michael Bennet (D)

Bennet met the polling criteria to participate in the first Democratic debate scheduled to take place later this month in Miami. He garnered 1 percent in a national CNN poll on Tuesday, which is the third qualifying poll he has reached 1 percent in.

In the aftermath of the deadly mass shooting in Virginia Beach, Bennet told ABC News Chief Anchor George Stephanopoulos on “This Week” that, “I think the president can make a difference. The House of Representatives has passed background checks to close the internet loophole. This person bought the guns lawfully as we know. Every single fact pattern will be different. We should pass those background checks — 90 percent of Americans support it.”

The Colorado senator spent the weekend campaigning in South Carolina while many of his fellow 2020 rivals were at the California Democratic Convention.

Joe Biden (D)

Biden broke from the other 2020 candidate when his campaign announced that he supports the Hyde Amendment, but he would be open to repealing it. Then, on Thursday, he said that he no longer supported the policy. “I’ve been working through the final details of my health care plan like others in this race and I’ve been struggling with the problems that Hyde now presents,” he said.

The Hyde Amendment was first passed in 1976, three years after the landmark Supreme Court case Roe v. Wade. It encoded abortion as a protected right, but stipulating that federal funding could not be used to pay for abortions. A few years later, Congress made an exemption for cases in which there was a threat to the patient’s life. An exemption for cases of rape or incest was added in the early 1990s. The law largely affects patients who are on Medicaid, meaning low-income patients have to pay for an abortion out-of-pocket. Many of the other candidates responded by calling for the repeal of the Hyde Amendment.

Biden also released a $5 trillion climate plan which calls for net zero emission of carbon pollution in the U.S. by 2050. The plan includes $1.7 trillion in federal spending over 10 years; the rest of the spending would come from the private sector.

Cory Booker (D)

The New Jersey senator unveiled a plan to make housing more affordable by offering a tax credit to people who spend more than 30 percent of their income on rent. According to researchers at Columbia University, the refundable renters’ credit would benefit more than 57 million people — including 17 million children — and lift 9.4 million Americans out of poverty.

Booker’s housing plan also includes measures to expand access to legal counsel for tenants facing eviction, reform restrictive zoning laws, build more affordable housing units and combat homelessness through funding grants.

At the California Democratic Convention over the weekend, Booker also addressed the issue of gun violence.

“We are seeing the normalization of mass murder in our country,” Booker said. “It is time that we come together and stand together and take the fight to the NRA and the corporate gun lobby like we have never seen before. We can lead that fight and we can win.”

Steve Bullock (D)

On Wednesday, Bullock announced the first official policy of his presidential campaign, designed to keep foreign money out of U.S. elections. His “Check the Box” proposal would require all 501(c)(4) groups that aren’t required to disclose any of their donors and Super PACs to “check a box” saying that they are not taking money from foreign actors. Lying “will carry the penalty of perjury,” according to Bullock’s policy.

In a Des Moines Register op-ed, the Montana governor wrote, “Trump’s dark money loophole is telling these secretive groups that they don’t even have to disclose the source of their funding to the IRS. It opens the door not only to significantly more spending by corporations and wealthy donors, but also to potential spending by foreign entities.”

Pete Buttigieg (D)

During a MSNBC Town Hall on Monday, Buttigieg said he “would not have applied that pressure” for Sen. Al Franken to have resigned in 2017 over sexual harassment allegations, without first learning more about the claims.

“I think it was his decision to make” the South Bend, Indiana, mayor said. “But I think the way that we basically held him to a higher standard than the GOP does their people has been used against us.”

At the California Democratic Convention, Buttigieg leaned into his position as a Washington outsider and said the country needs “something completely different.”

“Why not a middle-class millennial mayor with a track record in the industrial Midwest? Why not a mayor at a time when we need Washington to look more like our best run cities and towns, not the other way around? And why not someone who represents a new generation of leadership?” the 37-year-old mayor said.

Julian Castro (D)

The former Housing and Urban Development secretary unveiled a sweeping police reform plan Monday, aiming to prevent officer-involved shootings, increase transparency and end “police militarization.”

“Even though we have some great police officers out there, and I know that because I served as mayor of San Antonio, this is not a case of just a few bad apples,” Castro said on CNN. “The system is broken.”

Included in the proposal are restrictions on the use of deadly force, the increased adoption of technology such as body cameras, an end to stop-and-frisk tactics and expanded bias training.

Bill de Blasio (D)

De Blasio earned his first union endorsement since launching his presidential campaign. The New York Hotel and Motel Trades Council announced their support on Wednesday and even said they would campaign for the New York City mayor in Iowa, New Hampshire and South Carolina.

John Delaney (D)

Delaney criticized the DNC guidelines which include a 65,000 donor threshold as one criteria to qualify for the presidential debates. He argued that the criteria leaves voters excluded from the process.

“I don’t think we should have a donor standard, I absolutely don’t think the Democratic Party should be about money. Fifty percent of the American people can’t afford basic necessities, I’m running for those people,” he said on MSNBC.

On health care, the former congressman from Maryland was aggressively booed at the California Democratic Convention for denouncing Medicare for all as “bad policy.” His proposed health care plan would keep private insurance as an option.Jeff Chiu/AP

After New York Rep. Alexandria Ocasio-Cortez slammed Delaney’s health care plan over Twitter, urging the candidate to “sashay away,” Delaney responded by asking her to a debate, but Ocasio-Cortez declined.

“I think that’s too bad because I think health care is the most important issue facing the American people and she obviously has an issue with my plan, based on that she tweeted that thing at me, and I would have loved to debate it because I think these things should be a battle of ideas,” Delaney said in a phone interview with ABC News.

Tulsi Gabbard (D)

The Hawaii congresswoman reacted to the House passing the “DREAM and Promise Act” which would protect young undocumented immigrants and immigrants with temporary status who were once covered by the Obama-era DACA program. She said on Fox News, “The hyper-partisanship around this issue has gotten in the way of delivering a real solution. This legislation and finding a solution for these Dreamers is something that has had bipartisan support.”

Kirsten Gillibrand (D)

Gillibrand released a plan to legalize marijuana, which called for expunging all non-violent marijuana convictions. Gillibrand said that under her plan, tax revenue from recreational marijuana would be put “towards programs that help repair the damage done by the War on Drugs.”

The New York senator also participated in a town hall on Fox News, where she attacked the network for its coverage of abortion. Gillibrand was asked about her position on “late-term abortion” and she began her response by reiterating her stand that “when it comes to women’s reproductive freedom, it should be a woman’s decision.” She then criticized Fox News for creating “a false narrative” on the issue.

Gillibrand was cut off by moderator, Fox News anchor Chris Wallace, who said, “Senator, I just want to say we’ve brought you here for an hour.”

Wallace continued, “We have treated you very fairly. I understand that, maybe, to make your credentials with the Democrats who are not appearing on Fox News, you want to attack us. I’m not sure it’s frankly very polite when we’ve invited you to be here.”

Gillibrand said that she would “do it in a polite way,” but she was interrupted by Wallace again who said “instead of talking about Fox News, why don’t you answer Susan’s question?” referring to the question asked by the member of the audience.

Still, Gillibrand attacked the network for their use of the word “infanticide,” calling it “illegal” and “not a fact.” She added, “I believe all of us have a responsibility to talk about the facts.”

Kamala Harris (D)

Harris was rushed off the stage Saturday while speaking at the MoveOn #BigIdeas forum in San Francisco after an activist rushed at her and grabbed the microphone out of her hand. Harris returned to the stage, about a minute later, to chants of “Ka-ma-la” from the audience.

An animal activist group claimed responsibility for the man rushing the stage. He was identified by the group as Aidan Cook. The group’s spokesperson, Matt Johnson, told ABC News that Cook was not detained or arrested; he was simply kicked out.

John Hickenlooper (D)

The former Colorado governor has struggled to gain traction so far. He faced a disruptive crowd at the California Democratic Convention when he said, “If we want to beat Donald Trump and achieve big progressive goals, socialism is not the answer.”

The crowd of Democratic activists responded to his message with a chorus of boos and a massive display of waving “Bernie” signs.

Hickenlooper responded to the boos by saying, “You know, if we are not careful we are going to help re-elect the worst president in American history.”

Jay Inslee (D)

The Washington governor has been pushing hard for the DNC to dedicate one of its presidential primary debates to the topic of climate change. DNC spokeswoman, Xochitl Hinojosa, responded in a statement saying, “the DNC will not be holding entire debates on a single issue area because we want to make sure voters have the ability to hear from candidates on dozens of issues of importance to American voters.”

Inslee called the DNC’s decision to not host a climate debate “deeply disappointing.”

“The DNC is silencing the voices of Democratic activists, many of our progressive partner organizations, and nearly half of the Democratic presidential field, who want to debate the existential crisis of our time. Democratic voters say that climate change is their top issue; the Democratic National Committee must listen to the grassroots of the party,” Inslee’s campaign said in a press release.

Amy Klobuchar (D)

Klobuchar secured her first Iowa endorsement from State Rep. Ruth Ann Gaines. Gaines said she’s endorsing Klobuchar because of the senator’s “commitment to addressing and prioritizing mental health.”

Seth Moulton (D)

Moulton said in a CNN town hall that if elected, he would seek to change current Department of Justice guidelines which prevent a sitting president from being indicted. The comment came after former special counsel Robert Mueller said that a “longstanding” department policy prevents a sitting president from being charged with a federal crime.

Beto O’Rourke (D)

O’Rourke released a voting rights plan which called for term limits for members of Congress and for Supreme Court justices. O’Rourke is calling for members of the House and Senate to serve for no more than 12 years, and for justices to be capped at one 18-year term. O’Rourke said that after a justice completes their term, they would be permitted to serve on the federal courts of appeals.

The former Texas congressman’s plan also includes measures to increase voter participation, including by making Election Day a federal holiday and by allowing automatic and same-day voter registration.

Tim Ryan (D)

Ryan flipped his position on impeachment, this week, saying he believes Congress has to begin impeachment proceedings against President Trump. The Ohio congressman made his announcement during a CNN town hall, saying that Mueller’s statement last week made him support impeachment.

Bernie Sanders (D)

Sanders spoke at Walmart’s annual shareholders’ meeting on Wednesday, directly criticizing the company for paying its employees low wages and lobbying for a resolution that would give hourly workers representation on the company’s board of directors.

As many Democratic candidates spoke out on abortion rights this week, comments by Sanders in 1972 — prior to the Roe v. Wade decision — resurfaced via Newsweek. He told a Vermont newspaper at the time that it struck him as “incredible” that the male-dominated state legislature, and politicians in general, “think that they have the right to tell a woman what she can or cannot do with her body.”

This weekend, Sanders visits Iowa to speak at the Capital City Pride Candidate Forum in Des Moines, he will march with McDonald’s workers who are seeking higher wages and attend the Iowa Democratic Party Hall of Fame Celebration in Cedar Rapids, among several other events.

Eric Swalwell (D)

Swalwell talked about his assault weapon ban and buyback plan on ABC’s “The View.” He said that he’s the only candidate calling to “ban and buy back every single assault weapon in America.”

The California congressman also left the door open to drop out of the presidential race and run for re-election for his House seat. Swalwell said he is open to running for a fifth term in Congress, but said he wouldn’t make that decision until December.

Elizabeth Warren (D)

Warren announced on Thursday that her campaign staff has unionized.

“My campaign has submitted their support to join IBEW 2320,” Warren tweeted. Her campaign joins a growing number of others that are showing support for unions and unionizing themselves. The Sanders and Castro campaigns have also unionized and the Swalwell campaign had previously said they were unionizing.

Andrew Yang (D)

During Pride Month, Yang tied his signature universal basic income proposal to the LGBTQ community, noting in a BuzzFeed interview that he’s heard from many people who say they’ve been kicked out of housing and fired from jobs over their sexual orientation. He said it is his plan to give all American adults $1,000 per month, which could help them “adjust if they’re economically singled out.”

Yang will be among the speakers at the Iowa Democratic Party Hall of Fame Celebration in Cedar Rapids on Sunday.

[dragoni]

Progressives, Social Democrats and plain old Democrats have NEVER advocated for Communism — meaning Privatization aka State Owned industries and companies: banks, media, communications, health care which includes hospitals and insurance companies. 

Yes, there are Communist Democrats JUST as there are right-wing Fascist Republicans.

If you can accept these fundamental truths then read on. And read the article in its entirety.

Shining some light on Republican propaganda:

The Big Lie: Socialism is Communism — NO — see Political Spectrum

#FearMongering Remember when Sarah Palin and Republicans said ObamaCare / ACA would lead to “Death panels”. ZERO!

'COMMUNIST’ Russia and China have CAPITALISM

America was NEVER a 100% capitalist country. There are social programs and institutions: police, fire, public safety, military — even public transportation.

When did Capitalism include giving subsidies and tax breaks to corporations? Free Markets really?

100% of anything is Evil

Who paid and continues to pay for roads and highways? The government NOT automobile companies

“Republicans have always favored socialism for the rich and capitalism for the poor.”, Nansen47 (article comment)  ¯\_(ツ)_/¯

MYTH #1: Socialism is a single coherent ideology.

Although Sanders and Ocasio-Cortez embrace the term “democratic socialist,” the policies they advocate place them much closer to yet another socialist tradition: social democracy.

Social democrats say it is possible and desirable to reform capitalism. This tradition dominated the post-World War II European left and influenced the American Democratic Party, most notably during the Progressive era and the New Deal, inspiring Social Security, unemployment insurance and the eight-hour workday.  

MYTH #2: Socialism and democracy are incompatible.

In many parts of the world, including Europe, they were the most consistent advocates of democratization. Eduard Bernstein, for example, one of the fathers of social democracy, described democracy as “both a means and an end. It is a weapon in the struggle for socialism and it is the form in which socialism will be realized.” 

Conservatives, on the other hand, thought of democracy as “despotism of the multitude,”

MYTH #3: All socialists want to abolish markets and private property.

Social democrats have focused on redistributing the fruits of markets and private enterprise rather than abolishing them. 

Most of the policies advocated by politicians like Sanders, Ocasio-Cortez and Sen. Elizabeth Warren (D-Mass.) — including universal health care, free college education, and higher wealth and income taxes — are clearly achievable within a capitalist system.  

MYTH #4: When socialism is tried, it collapses.

Communism certainly failed, but social democracy has arguably been the single most successful modern ideology or political movement.

Stable European democracies arose after World War II because a social consensus married relatively free markets and private ownership of the means of production with expanded welfare states, progressive taxation and other forms of government intervention in the economy and society. Without the impressive economic results generated by the market, the huge improvements in living standards in the West after the war would not have been possible; the 30 years after 1945 were Europe’s fastest period of economic growth ever. But without the welfare state, the benefits of growth would not have been distributed so widely: Inequality declined dramatically during the postwar decades.

MYTH #5: Socialism offers a ready-made solution to numerous current problems.

Republicans insist that these initiatives would destroy growth and turn the United States into a tyrannical economic basket case like Venezuela. True, conservatives made similar claims in the past about major government initiatives like Social Security and Medicare. But it is surely legitimate to press advocates of increased government spending on how they would pay for these programs.

Where’s the plan to pay for it?

If socialists want to convince Americans, Europeans and others that they have the best solutions to contemporary problems, they need to show that their policies can generate substantial wealth and resources as well as, simultaneously, a more equitable distribution.

Trump’s authoritarian fascism “leads inexorably to tyranny and poverty“

President Trump, say socialism leads inexorably to tyranny and poverty.

Political Spectrum