Aug 21 2020 14 mins 1
This is Toby Sumpter with your CrossPolitic Daily News Brief for Friday, August 21, 2020. Today you will hear about Steve Bannon’s arrest, Obama taking his presidential gloves off, stock markets feeling bullish, LA court sides with MacArthur again, Trump stumps in Pennsylvania, and South Australia says it can take your kids. Stephen Bannon Arrested https://www.washingtonpost.com/national-security/stephen-bannon-arrested-charged/2020/08/20/6d46847c-e2ea-11ea-b69b-64f7b0477ed4_story.html?hpid=hp_hp-top-table-high_bannon-1010am%3Ahomepage%2Fstory-ans Trumps former chief strategist, Steve Bannon was arrested Thursday on a boat off the coast of Connecticut with three other men: Brian Kolfage, Andrew Badolato, and Timothy Shea. All four men were charged with conspiracy to commit wire fraud and money laundering through a campaign called “We Build the Wall,” which had raised over $25 million to help construct the wall along the Mexico border. Prosecutors allege that Bannon and the other men were siphoning off payments to themselves with fake invoices. Bannon appeared in court later on Thursday, pleading not-guilty to the charges, and was expected to be free on bail shortly. Trump said he felt “very badly” for Bannon but added, “I haven’t been dealing with him for a very long period of time.” The president also added that he thought the fundraising effort was not something he had ever approved of, “I thought it was being done for showboating reasons.” However, Donald Jr., was a guest at a symposium hosted by the group in New Mexico in 2019, where he praised the organization as “private enterprise at its finest.” “Doing it better, faster, cheaper than anything else,” he added. And one of the group’s advisers, Kris Kobach, former Kansas Secretary of State told the New York Times that he had talked with the president at one point about the We Build the Wall Effort and the president had told him that the project had his blessing and he’s welcome to tell the media that. Obama Breaks with Precedent https://www.washingtonpost.com/politics/2020/08/19/takeaways-democratic-convention-night-2/?utm_campaign=wp_post_most&utm_medium=email&utm_source=newsletter&wpisrc=nl_most Former President Barack Obama spoke at the Democratic National Convention Wednesday night and broke with traditional American post-presidential protocol by attacking President Trump’s presidency with far more vehemence than some believe has ever happened before. Michael Beschloss, a contributor for NBC and PBS, an historian of past American Presidents, tweeted out, “No former President has ever attacked his incumbent successor at a convention like Barack Obama tonight, or even come close.” This came as a pretty stark contrast to Obama’s initial reports after Trump was initially elected, describing their post-election conversation as “excellent” and something that “encouraged” him. At Wednesday’s convention speech Obama called Trump’s presidency a reality show and warned America that in this coming election democracy was at stake. This is why we need Weapons for this War. Which is why we want to invite you to our first annual Fight Laugh Feast Conference in Nashville October 1-3. We’ve put together a package that is full of feasting and psalm singing, hearty fellowship, and a line up of speakers committed to showing you how God’s Word applies to politics, economics, business, education, creativity, marriage and family, and much more. Please join us this October 1st through the 3rd as we build a rowdy Christian culture for God’s glory and our good. Go to Fightlaughfeast dot com and register today. The Stock Market Roars Back to Life https://disrn.com/news/shortest-bear-market-in-history-ends-as-sp-500-sets-new-record/ The S&P 500 closed at a new record high on Tuesday, rebounding from it’s massive plunge in February and March, regaining and eclipsing its previous record set on February 19th. Taking just the S&P 500, [...]
