L0074 USAFSOC C-32B departed Eglin AFB ne
TEAL73 USAF WC-130j Hurricane Hunter from Gulfport/Biloxi tracking Elsa
morning
Trump Sues Jack Dorsey, Mark Zuckerberg Over Social Media Censorship Of Conservatives
Shortly after President Trump made his first political appearance since leaving the White House with a rally in the key swing state of Ohio, the GOP standard-bearer and his team are reportedly preparing to fire off their latest salvo in the longstanding war between Trump and America's social media giants.
With Trump suspended from Facebook until at least January 2023, Axios reports that Trump is preparing to file a class action lawsuit against Facebook CEO Mark Zuckerberg and Twitter CEO Jack Dorsey. Trump has also been indefinitely suspended from Twitter. In the lawsuit, Trump's lawyers will argue that both platforms enforce systematic censorship against conservatives.
Offering some insight into Trump's legal strategy, Axios said a class action lawsuit could enable Trump to sue the two CEOs individually on behalf of a broader group of people whom, he argues, have been unfairly censored by the biased CEOs. Even though it got the scoop, Axios appeared to dismiss the importance of the lawsuit, claiming in it report that "Trump and other conservative critics have not presented any substantial evidence that either platform is biased against conservatives in its policies or implementation of them."
However, it looks like the market is taking Trump's threats seriously: shares of Facebook and Twitter (the companies that Zuck and Dorsey respectively lead) traded lower on the news. Trump is expected to formally announce the lawsuit at a press conference set for 1100ET.
Additionally, Trump is being supported by the America First Policy Institte, a non-profit focused on preserving Trump's legacy and supporting policies he backed. It's run by Trump's former SBA head Linda McMahon and Brooke Rollins, another former administration official who served as acting director of the Domestic Policy Council.
https://www.zerohedge.com/markets/trump-sues-jack-dorsey-mark-zuckerberg-over-social-media-censorship-conservatives
Not AF1 Joe 82-8000 USAF 747 departed JBA for Chicago O'hare Int'l
Biden headed to Illinois to promote efforts to aid 'human infrastructure'
https://www.upi.com/Top_News/US/2021/07/07/illinois-chicago-joe-biden-visit/3041625654558/
French AF CTM2103 Airbus A400M departed Langley AFB after an overnight (this ACis was one of two Airbus A400M's that departed from Nellis AFB yesterday that were ahead of AF2 SAM2A and SAM782 that returned to JBA from Los Angeles Int'l depart
'''U.S. Treasury Yields Extend Steep Decline
Yield on 10-year hits multimonth lows, highlighting concerns about the prospects for growth'''
Yields on U.S. government bonds reached fresh multimonth lows on Wednesday, reflecting investors’ anxiety about the economic outlook and new concerns about the highly contagious Delta variant of Covid-19.
In recent trading, the yield on the benchmark 10-year U.S. Treasury note was 1.313%, according to Tradeweb, compared with 1.369% on Tuesday.
Yields, which fall when bond prices rise, have been trending lower for months, dragged down by investors reassessing their more optimistic economic forecasts amid signs that Congress and the Federal Reserve might not provide quite as much stimulus as previously anticipated. Underwhelming economic data has added to those concerns, along with new data from Israel suggesting Pfizer Inc . ’s vaccine is less effective at protecting against infections caused by the Delta variant.
On Wednesday, yields edged lower overnight before dropping steeply near the start of U.S. trading. That resembled their moves on Tuesday following the three-day holiday weekend.
Investors and analysts this year have put forward very optimistic forecasts for economic growth and inflation, said Subadra Rajappa, head of U.S. rates strategy at Société Générale. Now, she said, “The market is sort of taking a deep breath and saying, ‘Are those optimistic forecasts actually achievable?’”
https://www.wsj.com/articles/u-s-treasury-yields-extend-steep-decline-11625672462
https://www.marketwatch.com/investing/bond/tmubmusd10y