Arizona will begin using airplanes to move immigrants from border communities to other cities around the country.
The state’s former Republican governor Doug Ducey chartered buses to Washington D.C. at a cost of $82,000 per trip. The new Democratic governor Katie Hobbs is going to continue the practice of transporting immigrants out of state. But according to a contract signed on January 14th, they will expand transportation to chartered aircraft. The cost has yet to be released. Although Hobbs’ office said they are looking at using options that are more cost effective than buses.
Hobbs says her administration will make sure they get the immigrants where they need to go to connect with sponsors.
Gov. Katie Hobbs: “I think we need to look at that practice and make sure that it’s effective. It’s it’s something that provides support to those local communities. If we’re spending the money to bus people, why not just get them to their final destination?”
Governor Hobbs will also have to finish taking down Ducey’s shipping container border wall. The former Governor agreed to stop installing new containers and remove ones that were already there to avoid a restraining order or injunction in federal court. In exchange, the federal government agreed to install new fencing.
Gov. Hobbs: “We need to utilize state resources where they can be most effective and it’s really unfortunate that almost $200 million was spent on this shipping container publicity stunt. We’re looking for ways to creatively repurpose the shipping containers that have been purchased by the taxpayers of Arizona.”
Construction on the new section of wall began in early January, it’s scheduled to be completed this summer. Straight Arrow News will keep covering immigration, with unbiased, straight facts.
SIMONE DEL ROSARIO: COULD THE NATION’S DEBT CRISIS BE SOLVED BY A SINGLE COIN?
EVERY DAY THE U-S GETS CLOSER TO DEFAULTING ON ITS DEBT – THE CALLS GROW LOUDER FOR A TRILLION DOLLAR SOLUTION.
1998 THE SIMPSONS CLIP: Truman authorized the one time printing of the largest denomination of a currency ever a trillion dollar bill. Ooh a trillion dollar bill that’s a spicy meatball.
SIMONE DEL ROSARIO: WHILE THE SIMPSONS ALMOST FORESHADOWED IT IN 1998, THE REAL PROPOSAL IS A PLATINUM TRILLION DOLLAR COIN.
THAT’S BECAUSE THERE IS A LEGAL LOOPHOLE THAT ALLOWS THE TREASURY TO MINT PLATINUM IN ANY DENOMINATION WITHOUT CONGRESSIONAL APPROVAL.
THE RULE WAS INTENDED FOR COLLECTOR’S COINS, BUT THEORETICALLY, THERE’S NOTHING LEGALLY STOPPING THE TREASURY FROM STAMPING $1 TRILLION ON IT TO PAY DEBTS.
THE “MINT THE COIN” DEBATE’S BEEN CIRCLING WASHINGTON FOR MORE THAN A DECADE.
JOE WEISENTHAL: The debt ceiling is an absurd legal contrivance and we’re using another absurd legal contrivance to get around it.
SIMONE DEL ROSARIO: BUT TREASURY SECRETARY AND FORMER FEDERAL RESERVE CHAIR JANET YELLEN IS NO FAN OF THE SCHEME, TELLING THE WALL STREET JOURNAL AS RECENTLY AS SUNDAY SHE DOESN’T THINK THE FED WOULD GO FOR IT.
IT’S NOT THE FIRST TIME SHE’S SPOKEN OUT.
JANET YELLEN: I’m opposed to it and I don’t think we should consider it seriously. It’s really a gimmick.
SIMONE DEL ROSARIO: BUT A SO-CALLED GIMMICK THAT GAINS TRACTION EVERY TIME CONGRESS GETS CLOSE TO DEFAULT.
I’M SIMONE DEL ROSARIO. IN NEW YORK IT’S JUST BUSINESS.
LONGWORTH: WE’RE SEEING REPORTS THAT, IN 2022, POLICE KILLINGS REACHED A RECORD HIGH IN THE U.S.
THE CONTEXT MATTERS, THOUGH. THE RECORD USED ONLY DATES BACK TO 2013, AS IT’S FROM A NONPROFIT CALLED MAPPING POLICE VIOLENCE.
NIX: “WE HAVE A GOOD SENSE THAT, COMPARED TO THE 70S AND 80S, POLICE ARE SHOOTING PEOPLE WAY LESS THAN THEY USED TO.”
LONGWORTH: TO PROVE THIS, EXPERTS LIKE CRIMINOLOGY PROFESSOR JUSTIN NIX, HAVE TO POOL VARIOUS SOURCES TOGETHER.
ALL BECAUSE THE U.S. DIDN’T–AND STILL DOESN’T–HAVE A FEDERAL DATABASE TRACKING CASES OF POLICE VIOLENCE NATIONWIDE.
NIX: “THE FBI HAS BEEN TRYING FOR YEARS. AND IN FACT, IN 2019, THEY REVAMPED THEIR EFFORTS AND LAUNCHED A NEW DATA COLLECTION EFFORT. AND TO DATE, THEY STILL HAVEN’T SEEN ENOUGH PARTICIPATION, TO RELEASE THE DATA. WHEN THEY LAUNCHED THEIR NEW EFFORTS, THERE WAS THIS ARBITRARY THRESHOLD OF 60% OF AGENCIES PARTICIPATING BEFORE ANY DATA CAN BE PUBLICLY RELEASED. AND, YOU KNOW, THREE PLUS YEARS LATER, WE’VE STILL NOT MET THAT THRESHOLD.”
LONGWORTH: AND SO, US JOURNALISTS AS WELL AS OFFICIALS AND ACTIVISTS RELY ON A FEW DATABASES FOR THE INFORMATION.
THEY’RE RUN BY THE WASHINGTON POST AND NONPROFITS LIKE MAPPING POLICE VIOLENCE, WHICH COUNT DEATHS AT THE HANDS OF POLICE–WHETHER THEY’RE JUSTIFIED OR NOT.
BUT THESE DATABASES DON’T PAINT THE FULL PICTURE.
NIX: “THEY DON’T TRACK WHEN OFFICERS SHOOT, BUT DON’T KILL CITIZENS, WHICH I ARGUE IS THE SAME AS YOU KNOW, BUT FOR THE OUTCOME OF DEATH, RIGHT. IT STILL REPRESENTS A USE OF FORCE THAT COULD KILL A PERSON.”
LONGWORTH: ALSO, THE DATABASES LIKELY DON’T FIND EVERY CASE.
MAPPING POLICE VIOLENCE SAYS, ACCORDING TO ESTIMATES, ITS DATABASE CAPTURES “92% OF THE POLICE KILLINGS THAT HAVE OCCURRED SINCE 2013.”
THE CASES IT MISSES ARE LIKELY UNREPORTED BY THE MEDIA, AS MAPPING POLICE VIOLENCE DEPENDS ON LOCAL NEWS STORIES AND AGENCY INFORMATION. IT’S ALSO COLLABORATED WITH OTHER DATABASES.
NIX: “THEY’VE DONE A LOT OF, YOU KNOW, GRUNT WORK TO BASICALLY REACH OUT TO AGENCIES AND REQUEST THOSE DATA. SO IT’S A TALL TASK, RIGHT, AND A COUNTRY WITH UPWARDS OF 18,000 POLICE DEPARTMENTS.”
LONGWORTH: HOWEVER, NIX SAYS, WE NEED A MORE COMPLETE SOURCE OF DATA TO INFORM POLICY CHANGES.
NIX: “AND I TRULY BELIEVE WE CAN DO BETTER WHEN WE HAVE THAT DATA, BECAUSE IF WE DON’T NOW WE’RE JUST GUESSING WE’RE JUST PLAYING DARTS IN THE DARK AND HOPING THAT WE GET LUCKY.”
SIMONE DEL ROSARIO:
YOU ROLL OUT OF BED, POUR A CUP OF COFFEE AND MAKE SURE YOU’RE PRESENTABLE FROM THE WAIST UP. THIS IS THE LIFE OF WORK FROM HOME. BUT IS 2023 THE YEAR OF “RETURN TO OFFICE?” HERE ARE THE SIGNS IN THIS WEEK’S FIVE FOR FRIDAY.
WE ALL KNOW COVID WAS THE CATALYST FOR WIDESPREAD WORK FROM HOME, BUT COMPANIES WERE ITCHING TO GET BACK TO THE OFFICE BY 2022. DELTA AND OMICRON VARIANTS UPENDED THOSE PLANS. BUT NOW CASES HAVE LEVELED OFF FOR THE MOST PART, KNOCK ON WOOD, AND IT’S “TAKE 2” FOR 2023.
BELIEVE IT OR NOT, 60 PERCENT OF REMOTE-CAPABLE WORKERS PREFER A HYBRID WORK ENVIRONMENT, ACCORDING TO A GALLUP POLL. THAT’S NEARLY DOUBLE THOSE WHO PREFER BEING FULLY REMOTE. BUT FIVE DAYS A WEEK? ONLY 6 PERCENT SAY THEY WANT TO BE ON-SITE FULL TIME. HINT: IT’S THE SAME PERSON WHO VOLUNTEERS TO COME INTO THE OFFICE ON A SUNDAY.
BUSINESS IS ABOUT THE BOTTOM LINE AND OFFICE SPACE COSTS A TON. ESPECIALLY IN THE TECH HUB OF SAN FRANCISCO WHERE IT’S MORE THAN $75 BUCKS A SQUARE FOOT, NEARLY DOUBLE THE NATIONAL AVERAGE. COMPANIES CAN’T BE WASTING ALL THAT MONEY ON PREMIUM SPACE. KASTLE’S BEEN TRACKING A STEADY INCREASE OF FOLKS REPORTING TO THE OFFICE, A SIGN OF WHAT’S TO COME.
YOU KNOW WHAT THEY SAY, IF AN EMPLOYEE NEVER GOES TO THE OFFICE, DID THEY EVER REALLY WORK THERE? THAT’S KIND OF HOW 96 PERCENT OF BUSINESS LEADERS SURVEYED BY RESUME BUILDER FEEL, BELIEVING THERE ARE MORE BENEFITS TO IN-PERSON WORK. EVEN THOUGH EMPLOYEES WITH FLEXIBLE SCHEDULES CLAIM TO BE 29 PERCENT MORE PRODUCTIVE. MAJOR FIRMS LIKE APPLE, DISNEY AND STARBUCKS HAVE ALREADY MANDATED RETURN TO OFFICE IN SOME CAPACITY, SO YOU KNOW OTHERS WILL FOLLOW RIGHT BEHIND.
WORKERS HAD ALL THE POWER AFTER THE PANDEMIC SHOCK. BY MARCH OF 2022, THE U.S. HIT A RECORD 11.5 MILLION JOB OPENINGS. EMPLOYERS FIGHTING FOR GOOD HELP DISHED OUT HIGHER WAGES AND FLEXIBLE CONDITIONS. BUT PAY INCREASES ARE SLOWING AND CONCERNS OF A GLOBAL RECESSION COULD TIP THE SCALES OF POWER BACK TO THE EMPLOYER. 21% ALREADY SAY THEY’LL FIRE EMPLOYEES WHO REFUSE RETURN TO OFFICE.
WE’VE GOT A STANDOFF HERE BECAUSE 60% OF REMOTE WORKERS SAID THEY’D RATHER QUIT THAN COME BACK. SEEMS LIKE BOTH SIDES ARE CALLING THEIR BLUFF. I’M SIMONE DEL ROSARIO. THAT’S FIVE FOR FRIDAY. IT’S JUST BUSINESS.
The United States has hit the debt ceiling, or the maximum amount of money it’s allowed to borrow to pay its bills. That amount, nearly $31.4 trillion dollars.
In a letter to Congressional leaders, Treasury Secretary Janet Yellen said she is now taking extraordinary measures to keep the United States from defaulting.
Those measures include pausing investments in the Civil Service retirement and disability fund, and the Postal Service Retiree Benefits fund. She will redeem a portion of the investments already held by those accounts. By law, both funds will be made whole once the debt limit is increased, and Yellen says no federal retirees or employees will be affected by her actions. The Secretary will also begin a debt issuance suspension period starting today and going through June 5th.
Yellen told congressional leaders that the length of time these measures will last is subject to quote considerable uncertainty.
Yellen wrote quote: “I respectfully urge Congress to act promptly to protect the full faith and credit of the United States.”
House Republicans and the White House have not made any tangible progress on increasing the limit. The White House says it will not negotiate.
Karine Jean-Pierre: “It is essential for Congress to recognize that dealing with the debt ceiling is their constitutional responsibility. This is an easy one. This is something that should be happening without conditions.”
But Republicans say debt increases should be met with spending decreases.
Speaker McCarthy: “Find the compromise, and find the common sense compromise that puts us back on to a balanced budget that I believe every household, every state does this, every county.”
For fiscal year 2023, the federal government has spent $421 billion dollars more than it has collected. That deficit spending is 44 billion dollars or 12 percent more than the same time last year. Straight Arrow News will continue covering the debt ceiling with unbiased, straight facts. That includes our interview with a Senior economic analyst for Bankrate.com about what happens if Congress doesn’t make a deal in time, and what other actions the treasury can take to prevent a default. Stay tuned.
SIMONE DEL ROSARIO: IT’S NINE LONG MONTHS BEFORE FTX FOUNDER SAM BANKMAN-FRIED WILL FACE TRIAL IN ONE OF THE BIGGEST FRAUD CASES IN MORE THAN A DECADE.
BUT EVERYDAY IT SEEMS SOMETHING NEW COMES OUT OF THE COLLAPSED CRYPTO EXCHANGE.
HERE’S THE LATEST.
FTX REPORTS IT’S RECOVERED $5.5 BILLION IN LIQUID ASSETS TO DATE, 3.5 OF WHICH CAME FROM CRYPTO TOKENS LIKE SOLANA AND FTX’S OWN FTT.
THEY ALSO TOLD CREDITORS THAT $415 MILLION IN CRYPTOCURRENCY WAS STOLEN FROM EXCHANGES IN HACKS.
BASED ON THE FUNDS IN FTX EXCHANGES, FTX SAYS THERE’S STILL A SUBSTANTIAL SHORTFALL OF DIGITAL ASSETS.
BUT FOUNDER BANKMAN-FRIED – WHO’S BEEN CUT OFF FROM THE COMPANY LEDGERS SINCE NOVEMBER, CALLS PARTS OF THE REPORT EXTREMELY MISLEADING.
HE SAYS FTX US IS SOLVENT, LIKELY WITH HUNDREDS OF MILLIONS OF DOLLARS IN EXCESS OF CUSTOMER BALANCES.
MEANWHILE, SBF FACES EIGHT CRIMINAL COUNTS RELATING TO FRAUD, MONEY LAUNDERING AND VIOLATING CAMPAIGN FINANCE LAWS.
WE’VE KNOWN THAT SBF AND OTHER FTX EXECUTIVES HAVE MADE SIGNIFICANT POLITICAL CONTRIBUTIONS.
BUT NEW REPORTING FROM COINDESK REVEALS THAT MORE THAN 1 IN 3 MEMBERS OF CONGRESS HAVE RECEIVED CAMPAIGN DONATIONS.
THE 196 MEMBERS RANGE FROM REPUBLICAN HOUSE SPEAKER KEVIN MCCARTHY TO DEMOCRATIC SENATE MAJORITY LEADER CHUCK SCHUMER, ALL THE WAY DOWN TO NEW MEMBERS OF CONGRESS.
COINDESK REACHED OUT TO ALL OF THEM, AND SAID MANY WHO RESPONDED SAY THEY’VE HANDED THE FUNDS OVER TO CHARITIES, WHILE OTHERS HAVE SET ASIDE THE FUNDS TO COMPENSATE FTX VICTIMS.
THE SUDDEN FTX COLLAPSE CRATERED THE CRYPTOCURRENCY SPHERE IN NOVEMBER, WITH TOKENS AND EXCHANGES DIVING IN VALUE AND STABILITY IN THE DAYS AND WEEKS THAT FOLLOWED.
BUT THIS WEEK, BITCOIN HAS LIFTED ABOVE $21K – RECOVERING ALL OF ITS LOSSES SINCE THE FTX COLLAPSE.
OTHER COINS ARE FOLLOWING SUIT.
EVEN FTX’S OWN FTT TOKEN IS UP 150% IN JANUARY.
I’M SIMONE DEL ROSARIO. IN NEW YORK IT’S JUST BUSINESS.
A Russian National who runs a crypto exchange in Hong Kong was arrested last night in Miami. Prosecutors at the Justice Department say the firm Bitzlato processed over $700 million dollars in illicit funds that were made from crimes including ransomware and drug trafficking. Now the firm’s majority shareholder Anatoly Legodeemov is charged with conducting an unlicensed money transmitting business and faces five years in prison.
Lisa Monaco: “Operating off shore or moving your servers out of the continental US will not shield you.”
The Justice Department said the crypto exchange Bitzlato catered to known crooks, and purposefully worked around safeguards put in place by the US government to detect and investigate financial crimes. Bitzlato is even accused of advertising that they require minimal identifying information from clients to complete their transactions.
Breon Peace: “The result was that Bitzlato became a safe haven for criminals, including drug dealers and ransomware groups. They knew that when the police traced their funds to Bitzlato, Bitlato would not be able to turn over its users’ true identities.”
The FBI says it is working to keep crypto markets free of illicit activity. Deputy Attorney General Monaco says the Justice Department is also taking steps to address what she called a crisis of confidence in the crypto currency markets. For more crypto coverage stick with Straight Arrow News for unbiased straight facts.
Neither the White House nor the Secret Service maintain visitor logs for President Biden’s personal residence in Wilmington, Delaware.
They’re disclosing that because the House Oversight Committee is investigating the President’s handling of classified documents found at his home and personal office. The sCommittee’s Chairman James Comer put in an official request with the White House Chief of Staff for all logs going back to January 20, 2021, the day President Biden took office.
The White House Counsel’s Office said in a statement obtained by Fox quote: “Like every President in decades of modern history, his personal residence is personal.”
A Secret Service spokesman said the agency does screen visitors but does not maintain a record of those checks. The Secret Service said the same for former President Trump’s Mar-a-Lago home when classified documents were found there.
Oversight Chairman Comer wrote to Biden Chief of Staff Ron Klain:
“President Biden’s mishandling of classified materials raises the issue of whether he has jeopardized our national security. Without a list of individuals who have visited his residence, the American people will never know who had access to these highly sensitive documents.”
Comer also requested all documents and communications by Biden aides that are related to the case.
Rep. James Comer: “Because this is the same type of investigation that the democrats were so outraged and launched and demanded happen to President Trump. What we see with President Biden is there are multiple locations we would have never known about the possession of the classified documents if it were not for investigative reporting by CBS”
Democrats say President Biden’s team has handled the situation well and handed the documents over as soon as they were discovered.
Rep. Jamie Raskin: “That is a very different posture than we saw with Donald Trump, where he was fighting for a period of more than 8 months to not turn over hundreds of missing documents that the archives was asking for.”
But many Democrats also say this is a serious matter and needs to be thoroughly investigated. Attorney General Merrick Garland appointed a special counsel on Thursday.
For more updates on the investigations, stick with Straight Arrow News for Unbiased, Straight Facts.
Google just told the Supreme Court that if it guts Section 230 of the Communications Decency Act it would upend the internet, encourage suppression of legitimate speech and proliferate offensive speech.
So why is Google taking such a strong stance?
They’re being sued, and they’re defending the law that protects platforms like youtube, facebook, and twitter from lawsuits regarding content people post on their sites.
Section 230 states: “No provider or user of an interactive computer service shall be treated as the publisher or speaker of any information provided by another information content provider.”
To give you an idea of just how strong Section 230’s protections are: A young boy was once lured into performing sex acts with a grown man, that man then marketed videos of the crime on AOL. The boy’s parents sued AOL and AOL won.
In this case, the family of Nohemi Gonzalez is suing Google saying it aided and abetted ISIS by recommending the terrorist organization’s videos to users. Gonzalez was killed in 2015 during an ISIS terrorist attack in Paris. 129 people died.
The family says google recommended, sorted and displayed the ISIS videos, and it’s not just what’s called an interactive computer service that allows third parties to post content.
Google’s lawyers told the court: “Recommendation algorithms are what make it possible to find the needles in humanity’s largest haystack.”
Google argues if websites accepted all third-party content without organizing or limiting that content, it would risk a proliferation of pornography, hate speech, and illegality.
The Justices will have to decide if online platforms can be held liable for recommending content, even if they did not create it or post it.
While the supreme court may have the final word on that specific issue, lawmakers on Capitol Hill have debated for years whether to keep or repeal section 230 entirely.
Sen. Ron Wyden: “Section 230 was absolutely necessary to bring our legal system into the 21st century. It has been the legal foundation for the growth of the internet, particularly in areas like education and jobs and a platform for free speech around the world. And I believe it ought to be kept in tact. ”
Sen. Marsha Blackburn: “This year, efforts to reform section 230 and protect speech online are in full swing. There’s no denying that conservatives have suffered under liberal mob rule. But, right now we’re looking for ways to reform section 230 and to regulate big tech without turning the congress into a new speech police.”
If online platforms are ultimately made responsible for users’ content and have to further police it, Google’s brief puts into perspective what an enormous task that would be: Each day users worldwide generate over 500 million tweets, 294 billion emails, 4 million gigabytes of Facebook data, and 720,000 hours of new YouTube content.
As for Gonzalez v. Google, the Justices will hear oral arguments February 21st and a decision will be released by this summer. Straight Arrow News.com will keep covering this case with unbiased, straight facts.