https://www.businessinsider.com/cancel-student-debt-aoc-ilhan-omar-legal-status-biden-2021-10

A group of House Democrats has given President Biden's Education Department a deadline. They want to know by October 22 if the department has determined the legality of Biden cancelling at least $50,000 in student debt per borrower.

Six months ago, Biden asked Education Secretary Miguel Cardona to prepare a memo on this legal authority. Friday's letter from 14 Democrats led by Minnesota Rep. Ilhan Omar, including New York Rep. Alexandria Ocasio-Cortez and Massachusetts Rep. Ayanna Pressley, called on Cardona to make the memo public by October 22.

But Sen. Elizabeth Warren, a leader in broad student-debt cancellation, previously said that she doesn't want to go the legislative route. "We have a lot on our plate, including moving to infrastructure and all kinds of other things." She went on: "The president can do this, and I very much hope that he will."

White House Chief of Staff Ron Klain told Politico in April that Biden had also asked Cardona to create a memo on the president's legal authority to forgive $50,000 in student loans per person.

He said Biden "hasn't made a decision on that either way, and, in fact, he hasn't yet gotten the memos that he needs to start to focus on that decision." Psaki on Monday did not comment on a reason for what might be holding up those memos.

https://www.ntd.com/huawei-hires-former-bbc-executive-as-editor-in-chief_686169.html

Chinese tech giant Huawei has hired a former BBC executive as its “editor in chief.”

The US has banned the controversial producer of telecom equipment, over national security concerns and the companies’ ties to the Chinese military.

Now Editor-in-Chief Gavin Allen was previously in charge of some of the most influential news programs in the UK, and part of the upper management of British state media, the BBC.

We all knew this was coming

https://responsiblestatecraft.org/2021/10/08/new-cbo-report-dod-can-cut-budget-by-1-trillion-without-changing-us-strategy/

The first option “preserves current post–Cold War strategy of deterring aggression through threat of immediate U.S. military response with the objectives of denying an adversary’s gains and recapturing lost territory.” Cuts would hit each military service equally, and some weapons programs would be slowed down, or, in the case of the new B-21 bomber, cancelled outright.

The second option “adopts a Cold War–like strategy for large nuclear powers of making aggression very costly and recognizing that the size of conventional conflict would be limited by the threat of a nuclear response.” It relies more heavily on coalition warfare than current U.S. strategy and would mean that it would take the United States military longer to deploy in large numbers to a region of conflict.

Option three “de-emphasizes use of U.S. military force in regional conflicts in favor of preserving U.S. control of the global commons (sea, air, space, and the Arctic), ensuring open access to the commons for allies and unimpeded global commerce.” Boots-on-the-ground U.S. interventions would largely be avoided in favor of the use of long-range strike weapons, naval blockades, no-fly zones, and arming and training of allies.

>>14746475

passive sonar and noisy shipping lanes, no pings allowed

Good read long article

https://thefederalist.com/2021/10/08/i-interviewed-trump-for-5-hours-heres-what-he-told-me-about-stupid-f-er-mcconnell-mccarthys-bromance-with-luntz-and-the-fake-news-that-bothered-him-the-most/

New world order taking shape

https://www.latimes.com/business/story/2021-10-08/global-minimum-corporate-tax-overhaul-advances

A vast overhaul of corporate taxation won support from 136 countries, as nations resolved key differences over the level of a global minimum rate and an end to new digital taxes that the U.S. has deemed discriminatory.

The group includes all nations in the Group of 20, European Union and Organization for Economic Cooperation and Development, the OECD announced Friday. After years of missed deadlines and wrangling over how to handle global tech firms such as Facebook Inc. and Alphabet Inc.’s Google, Friday’s deal included a 15% minimum rate for corporations and the main parameters to slice the profits of multinationals to be taxed in more countries.

The OECD, which has chaired the talks, said a minimum rate could ultimately raise government incomes by $150 billion a year, while new rules would reallocate $125 billion of profits to be taxed in nations where big corporations generate revenue but may have little physical presence.

In addition, countries agreed not to impose new digital services taxes as of Friday.

Friday’s accord builds on a preliminary July deal, when governments agreed on key aspects of the plan for the first time including which companies would be subject to the profit reallocation rules–.

The years-long talks at the Paris-based organization are split into two so-called pillars. The first deals with questions of allocating profits for tax, while Pillar Two seeks to create a global minimum corporate tax rate.

Of the countries involved in the talks, Kenya, Nigeria, Pakistan, and Sri Lanka haven’t signed the deal, the OECD said.

NY Times lie merchant says "OOPS"

https://www.nationalreview.com/news/new-york-times-retracts-massive-exaggeration-of-children-hospitalized-by-covid-19/

In an article published by New York Times reporter Apoorva Mandavilli on Wednesday, Times readers were told that “nearly 900,000 children have been hospitalized with COVID-19 since the pandemic began.”

A correction issued on Thursday notes that the correct number is 63,000 between August 2020 and October 2021, which means Mandavilli exaggerated the number of child hospitalizations by 837,000 cases or 93 percent. Approximately 500 American children have eventually died from the disease. The exaggeration was included in a report on the debate surrounding whether and how to vaccinate children.

Mandavilli has been a controversial figure at the Times for her ideologically-colored pandemic coverage. In May, she tweeted that “Someday we will stop talking about the lab leak theory and maybe even admit its racist roots. But alas, that day is not today.” She later deleted the tweet but not before adding “a theory can have racist roots and still gather reasonable supporters along the way. Doesn’t make the roots any less racist or the theory any more convincing, though.”