Rising Star Rep. Byron Donalds DESTROYS Crazy Democrat Carolyn Maloney After She Thugs Out Against Oil Execs at House Committee Hearing

Carolyn Maloney and House Democrats thugged out against the top oil company executives on Thursday at the House Oversight Committee blaming the oil companies for spreading misinformation on global warming.

These are the same people who spread disinformation that the world will end in 9 years if we don’t buy more Chinese windmills.

Maloney and Democrats are attacking oil executives as gas prices continue to surge to record highs under the misguided Biden administration.

It’s as if they WANT Americans to be destroyed. Weird.

Rep. Byron Donalds (R-FL) took his time to BLAST Maloney and Democrats for harassing the oil company executives and deny them their freedom to speak out and spend their company money as they wish.

Rep. Byron Donalds: Let’s be clear you need an apology because what I witnessed here today was just rank intimidation by the chair of this committee. Trying to get you to pledge on what you are going to spend your money on is a gross violation against the First Amendment… It is disgusting. It is absolutely disgusting. Somebody needs to call Merrick Garland and tell him to get in here and watch the intimidation that came from this very panel today. Because this is not about defending big oil or defending big anything. It is about the people in this country to be free, say anything they want, think what they want, spend their money how they choose. And if we’re not going to be any better than the Chinese, how do we ever expect to beat them on the world stage.

Rep. Donalds was terrific! Truly a rising star.

https://youtu.be/L1tsUkiFrx0

https://www.thegatewaypundit.com/2021/10/boom-rising-star-rep-byron-donalds-destroys-crazy-democrat-carolyn-maloney-thugs-oil-execs-house-committee-hearing-video/

Vice Chairman’s Retirement Leaves Hole on Joint Chiefs as Biden Delays Nominee Pick

The office of the second-highest ranking military officer in the U.S. Gen. John Hyten, vice chairman of the Joint Chiefs is set to be vacant within weeks because the Biden administration hasn't named a replacement.

The coming gap between vice chiefs on Nov. 21, when Hyten retires, is what the Pentagon described this week as "not optimal." Hyten helps lead the Joint Chiefs, the top military planners and advisers, and is also responsible for overarching strategies that unify the military services.

It is a "big job with immense responsibilities," Pentagon spokesman John Kirby said.

By law, nobody can temporarily fill the vice chief position in an acting capacity, unlike so many civilian leadership jobs, and the Pentagon can't farm out all of those job responsibilities to others while it waits for a replacement, according to Kirby.

Instead, Congress must confirm a new vice chief with a hearing and a vote. But President Joe Biden has been slow to name a nominee even amid new and growing geo-political threats such as China's recent test of a hypersonic missile, which Joint Chiefs Chairman Gen. Mark Milley called a near Sputnik moment in a Bloomberg interview.

"I hoped to actually have a conversation with my successor but he has not been nominated yet, so I may be writing that letter," Hyten said Thursday during a meeting with reporters.

Hyten, an Air Force officer and Harvard graduate, has warned that his successor also faces a Defense Department and military services that take far too long to develop new weapons and needed capabilities to fend off global threats, while China and other adversaries leap ahead.

"Right now, it's so frustrating because the answer to every question I get is that, OK, we need the following capability and how long is it going to take, and the answer is 10-15 years," he said.

"Every program you look at, you can see it that way," Hyten added.

https://www.military.com/daily-news/2021/10/28/vice-chairmans-retirement-leaves-hole-joint-chiefs-biden-delays-nominee-pick.html

READ THE BILL: Biden’s Build Back Better spending framework

WASHINGTON — President Joe Biden, as he jetted off to Rome Thursday, was hoping his Democratic collogues in Congress could agree to a $1.85 trillion ‘social safety net and environmental bill.’

Amid party infighting, the scaled down legislation is now being referred to by the White House as the “Build Back Better Framework.”

Thursday night, Speaker Nancy Pelosi, wrote a letter to fellow congressional Dems saying, “[Biden] inspired us with his vision and dazzled us with his thorough knowledge of the specifics of the Build Back Better Framework. He also emphasized his support for the Bipartisan Infrastructure Framework.”

“As you know by now, the House will postpone the vote on the BIF. The good news is that most Members who were not prepared for a yes vote today have expressed their commitment to support the BIF. I thank the overwhelming number of House Democrats who support both the BIF and the Build Back Better Act. It is both heartening and impressive to observe the strength of Members’ engagement in the discussion.”

“Your feedback is welcome and necessary, soon, to assist the Rules Committee as it prepares the BBB legislation for Floor action,” Pelosi said. “As you may recall, we are ready for the Floor vote on the BIF, because the debate on the rule and the bill have already occurred.”

READ THE BILL HERE

https://breaking911.com/read-white-house-details-build-back-better-spending-framework/

The Printer and the Shredder: Reserve Bank has neat trick to tackle rising interest rates

Rates went ballistic this week but the Reserve Bank has a secret weapon for tackling inflation. But who would have thought it would entail Dan Andrews paying Josh Frydenberg? Michael West reports.

Victorian Premier Dan Andrews might not have twigged yet, and he will hardly be over the moon when he does, but he is giving his nemesis Josh Frydenberg some money.

Circuitously. A $640m issue of Victorian state bonds matures today. That money goes to the Reserve Bank, which in turn pays the Federal Treasury some $2b a year in dividends.

Dan will be happy to know that the RBA, and we have had this confirmed, will be shredding the bonds, or rather cancelling that $640m as if it never existed. It will vanish, as will much of the government debt, the billions of dollars in new money created by QE, created to get Australia through the Pandemic.

However, the RBA has been getting income from the bonds, the interest payments on the bond coupons, and the RBA pays dividends, not to the states, but to the Commonwealth.

It is no small irony then, in light of the political rivalry, the barbs shot back and forth between Labor premiers and the Treasurer over lockdown and pandemic funding, that the Feds have been, and will continue to profit from the millions in interest rate payments on state bonds.

Josh Frydenberg would no doubt like it if the full $640 million, and the billions to come in maturing government bond issues, came his way too. It would surely help him tackle the biggest debt and deficit in Australian history.

But the principal on these bond issues will be cancelled with the tap of a computer keystroke by the Reserve Bank. When Josh used to say there is no money tree, he was of course wrong. There is a money tree, it’s called QE. And when he and his Coalition colleagues used to say our children’s children’s children will be paying Labor’s debts, they were wrong too.

One set of children will simply be paying another set of children.

https://www.michaelwest.com.au/the-printer-and-the-shredder-reserve-bank-has-neat-trick-to-tackle-rising-interest-rates/

>>14876080

oh the irony

Crown Resorts’ biggest shareholder and former chair James Packer expresses regret to Perth royal commission

Reclusive billionaire James Packer has made a bombshell admission at a Perth royal commission into Crown Casino.

James Packer has conceded there were many “things that should have been done differently” at Crown Perth when he was at the helm - and he should have quit rather than missing board meetings for three years as criminal junkets infiltrated.

The probe is the third faced by Crown Resorts over now substantiated allegations of money laundering at the West Australian casino and also at its Melbourne venue.

The reclusive billionaire and major shareholder in the gambling giant fronted the WA probe via videolink on Friday, admitting he did not attend a single board meeting of Crown Perth’s Burswood Ltd between 2013 to 2016 after he moved overseas.

Counsel assisting Patricia Cahill suggested that if he had been “more active and engaged”, Burswood Ltd may have been more aware of the risk of money laundering through its Riverbank Investments account, which was closed by ANZ in 2014 over regulatory compliance issues.

Mr Packer said he “should have attended or resigned”, and an account closure “absolutely would have been a red flag” but claimed he was “not informed” of the risk of criminal infiltration through high roller junket tours until after 19 Crown staff were arrested in China in 2016 for marketing the business on the mainland, where gambling is illegal.

“You weren’t keeping an eye on things, Mr Packer,” Ms Cahill said, which he rejected.

“I should have resigned or attended, I accept that,” he added.

He agreed he left it to management to ensure risks such as money laundering were mitigated and assumed they were doing enough.

“I had full confidence in the CEO Barry Felstead,” Mr Packer said.

Mr Packer said “at some point the culture slipped”, responding “potentially” after Ms Cahill asked whether that was due to his absence.

The royal commission has been seeking to establish to what extent those who ran the Perth venue functioned independently or at the behest of the parent company in a bid to find out who was most responsible for allowing the money laundering scandal to unfold.

Mr Packer paused lengthily and carefully considered Ms Cahill’s questions about the 2004 to 2016 period, when he was chair of Burswood Ltd, before responding.

He often said he did not recall certain details and that he was “not a lawyer”, and asked Ms Cahill to repeat questions.

Earlier, Mr Packer’s barrister Noel Huntley objected twice when Ms Cahill pressed his client on how the corporate structure operated, describing her line of questioning as “argumentative”.

“I may well have known these things in 2006. I can’t remember now,” the businessman had responded.

He admitted he could not recall which specific subsidiary held the Crown Perth gaming licence.

Asked if that mattered to him, he replied: “What mattered to me was that the company was operating and behaving well, and that if that wasn’t happening that information should flow to the board ASAP.”

Mr Packer disagreed with testimony by former Crown Resorts director and his board nominee John Poynton that the overwhelming power rested with the parent company.

He said Burswood Ltd only did not have the authority to sign off on capital expenditure and redevelopment decisions, with Crown Resorts holding the purse strings.

If Crown Perth didn’t want someone appointed, it would not happen, Mr Packer said.

https://www.news.com.au/finance/business/other-industries/crown-resorts-biggest-shareholder-and-former-chair-james-packer-fronts-perth-money-laundering-royal-commission/news-story/cea751d69e925b47c246d16b14b3e446