Crooked Media - What A Day: Sickfreak and Roy

- Self-professed “Alpha Male” Nick Adams. Nothing says tough-guy masculinity like fury over fictional cartoon candy mascots.

The GOP is in control of the House of Representatives so you know what that means: right-wing lunatics threatening to do grave damage to the whole country unless they get the insane things they want.
 

• So we’re doing this again, huh? Treasury Secretary Janet Yellen notified Congress today that the United States is projected to reach its statutory debt limit on Thursday and will then be forced to resort to “extraordinary measures” to avoid default. Yellen warned, “Failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the livelihoods of all Americans, and global financial stability.” Even the threat of letting the U.S. government default on its obligations (a favored tactic of these nihilistic psychos) has sent global markets into free-fall in the past. 
   

• House Republicans, for their part, are preparing a plan to tell the Treasury Department what to do if they push us into default, underscoring their general hostage-taking ethos. The plan was part of the back-room deal to get the ultra-conservative flank of the GOP caucus to finally elect Kevin McCarthy speaker. Rep. Chip Roy (R-TX), one of the proto-fascists who brokered the deal with McCarthy, told the press that McCarthy agreed to pass a “payment prioritization plan” by the end of the first fiscal quarter. The Senate would never agree to such a plan, and President Biden would never sign one, so we’re back to: just doing as much damage as possible out of spite.
   

• As in the Obama years, Republicans say they’ll only lift the debt limit if and when Biden agrees to sign major spending cuts that he doesn’t actually support. And when they say cuts, Republicans don’t mean maybe taking a hammer to the bloated Defense Department budget. Specifically, they want to take aim at their old adversaries: Social Security, Medicare, and other social safety net programs. Things that actually help the majority of Americans. We also saw them recently try to gut the IRS, (which would balloon the national debt by tens of billions each year) because the super-rich need to evade their taxes in peace!

If Republicans shoot their hostage, the United States would default on its interest payments, which would cause international markets to panic, and inevitably lead to a recession (probably a global one) that costs millions of people their jobs. “Party of the working American,” baby!! 
 

• We’re less than two weeks into the 118th Congress, and already, a tiny group of insurgents, with the backing of GOP leadership, have ignited a huge, psychotic crisis. Treasury Department aides declined to comment on the GOP plan, and naturally, McCarthy’s people have not returned requests for comment. In her remarks, Yellen referenced the 2011 debt-limit standoff during the Obama administration. We’re in that situation again, except the Republicans this time around are significantly more fascist and dishonest than last time.  
   

• Speaker McCarthy said he hoped to sit down with President Biden early to work through these fiscal issues and must-pass legislation, but the White House is taking a “We don’t negotiate with terrorists,” approach. White House Press Secretary Karine Jean-Pierre stressed to the press that the debt ceiling “is one of the basic items congress has to deal with, and it should be done without conditions.” (I’d have gone with “must,” but good enough!) House Republicans are using their razor-thin majority to extract concessions which are incredibly unpopular with the majority of Americans and opposed by economists on both sides of the aisle. 

Much has been said about the “new” GOP, but these are their true colors, this is who they have always been: willing to burn down the whole economy as revenge for losing an election, so long as their pockets remain lined.

Disgraced former president Donald Trump’s namesake real estate corporation was ordered to pay a $1.61 million penalty (the maximum allowed under statute) after being convicted of a 15-year tax fraud scheme. Seems low but okay!

The Republican-controlled Missouri House of Representatives used its first day in session to make the dress code (for female legislators only) stricter. Not a drop of substantive policy in sight!

Lisa Marie Presley, the only child of Elvis Presley, died at 54 yesterday after being hospitalized for cardiac arrest. 

An eighth body has been found after a violent tornado tore through Alabama and Georgia on Thursday. 

FEMA fired a California company hired to translate emergency messaging into Alaska Native languages like Yup’ik or Inupiaq, after the company translated the messages into Inuktitut, an indigenous language spoken in northern Canada, not Alaska. 

President Joe Biden told Japanese Prime Minister Fumi Kishida today that the United States remains strongly committed to its alliance with Japan amidst the country’s “historic” defense reforms. 

Tesla has slashed prices on its electric vehicles in the United States and Europe by as much as 20 percent to boost demand, as the company’s shares are down 65 percent since the start of 2022. 

Steve Bannon’s lawyers want to quit his border-wall fraud case, which is extremely funny.


A Supreme Court justice in Brazil approved including former president Jair Bolsonaro in the incitement probe of the January 8 riot in Brasília. Wow, so I guess holding a former president accountable for inciting a coup in a timely manner doesn't have to be that hard after all. 

The Kremlin claimed today that its forces had taken control of Soledar, a town in eastern Ukraine near the crucial city of Bakhmut, after some battlefield advances earlier this week. However, Ukrainian officials said that its troops were still fighting in the town, and that they had not surrendered. Reuters could not immediately verify whose account is correct, as violence in the small salt-mining town continues, but if the Kremlin’s assertions are true, Russia would be able to cut off Ukrainian supply routes to Bakhmut and trap remaining Ukrainian forces there, as it has been trying to do for four months. Soledar has already proven to be the bloodiest campaign that Russian forces have waged since the war began.

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The Brooklyn Public Library and Pen America are joining forces to train high-school students to resist book bans and promote literacy freedom. 

The U.S. near-term consumer inflation projections are the lowest they have been in nearly two years.