What Newt’s Reading | June 10, 2020

What Newt’s Reading A Minnesota councilwoman says citizens asking for protection from criminals should check their "privilege." – Newt CNN Guest: Not Wanting to Be Raped and Robbed Is White Privilege By Tristan Justice The Federalist Minneapolis City Council President Lisa Bender said Monday on CNN that Americans should check their privilege when they express concerns about who would stop crime without any local law enforcement. “Do you understand that the word dismantle or police-free also makes some people nervous? For instance, what if in the middle of the night my home is broken into? Who do I call?” CNN host Alisyn Camerota asked Bender. ““Yes, I mean I hear that loud and clear from a lot of my neighbors — and myself, too, and I know that that comes from a place of privilege, for those of us for whom the system is working,” Bender said. “I think we need to step back and imagine what it would feel like to already live in that reality.” In cities across the nation, those arrested for criminal activities are immediately released with no charges filed. – Newt All Rioters, Arsonists, Looters in St. Louis Freed from Jail Without Charges By John Binder Breitbart Only 36 individuals were arrested for rioting, looting, and committing arson in St. Louis last week. All of them were released from jail without facing any charges. “In a stunning development, our office has learned that every single one of the St. Louis looters and rioters arrested were released back onto the streets by local prosecutor Kim Gardner,” Missouri Attorney General Eric Schmitt said in a statement. Other cities facing riots have had similar experiences. In New York City, for example, more than 400 individuals who were arrested at riots were quickly released without paying bail. The level of distortion of the president’s words and deeds is reaching absurd new heights. – Newt What the Outrage Over Trump’s Tough Talk Gets Wrong By Marc Thiessen Washington Post Many people in Washington are more outraged with President Trump’s comments about the riots ravaging the country than they are with the riots themselves. For example, the president said he may invoke the Insurrection Act — which almost a dozen American presidents have done to put down violent unrest — and mobilize the American military to quell the riots. “Trump should use the act only if local and state law enforcement agencies, backed by their National Guard units, fail to quell the rioting. But to suggest that it would be unprecedented or inappropriate for him to do so is simply historical ignorance.” There are several other examples of the outrage being out of proportion. President Trump should soften some of his rhetoric with more compassion, but the violence needs to stop for the country to heal. As the nation reopens and Americans return to their jobs, the markets are close to pre-pandemic levels. – Newt Dow Soars More Than 800 Points as US Stocks Close in on Pre-Pandemic Levels By Thomas Heath and Taylor Telford Washington Post Wall Street is in the middle of a three-month rally that is close to returning the stock market to where it was before the coronavirus pandemic hit. A surprisingly positive jobs report on Friday helped the markets finish strong last week. The Standard & Poor’s 500 index is now within one percent of turning positive for 2020 after soaring nine percent in three weeks. The Nasdaq also performed quite well. “The Dow Jones industrial average rocketed more than 1,000 points after the release of May unemployment numbers, then cut its gains to 829 points, or 3.2 percent, to end at 27,110.98 — its first close above 27,000 in three months. The advance put the blue-chip index within 5 percentage points of turning positive for the year.” President Trump signs the Paycheck Protection Program extension to further support small business. – Newt Trump Signs Bill to Ease Guidelines on Coronavirus Relief Loans for Small Businesses By Jacob Pramuk CNBC President Trump on Friday signed a bill to give “recipients of government small business loans during the coronavirus more flexibility in how they spend the money.” The bill, which overwhelmingly passed both chambers of Congress, eases the conditions small businesses have to meet in order to get the Paycheck Protection Program loans forgiven. President Trump said the measure will “especially help restaurants, hotels, and other businesses that have been very hard hit by the virus.” Specifically, the legislation cuts the share of aid that recipients need to use on payroll from 75 percent to 60 percent, allows businesses to use the money for six months instead of two months, and extends the June 30 deadline for companies to rehire employees, among other measures.

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