Steve Forbes to Newsmax TV: Dem Win in Georgia Will Wreck Stock Market

Steve Forbes to Newsmax TV: Dem Win in Georgia Will Wreck Stock Market (Newsmax TV/"The Count")

By Sandy Fitzgerald | Saturday, 28 November 2020 09:45 PM

The upcoming Georgia Senate runoff races are "absolutely critical," because if Republicans don't keep control of the Senate, Democrats will push through massive tax increases on capital gains that will "help wreck the stock market," publisher and author Steve Forbes warned on Newsmax TV Saturday.

"I hope we've learned from what happened in this recent election in terms of making sure those ballots are looked at before they're opened, so we can see which ones are valid and which are not," Forbes told Newsmax TV's "The Count." "The Democrats are planning to dump in hundreds of thousands of those kinds of ballots. We've got to be on guard about that."

Losing control of the Senate would mean devastating taxes all around, including business and individual taxes that will hurt the economy, Forbes added.

"The stock market will lose several thousand points very quickly," he said.

Forbes also ridiculed Joe Biden for his comments that the market doesn't affect everyday Americans' lives.

"His ignorance on the stock market does not bode well for his understanding of economics…what Biden knows would fit on the thumb of (President) Donald Trump," said Forbes. "The market wouldn't be doing well if they didn't think the economy was making gains…as for the stock market meaning nothing, tell that to 100 million Americans who have IRAs, 401Ks, and the like."

Forbes also cast doubt on former Fed Chairwoman Janet Yellen becoming the nation's next Treasury Secretary if Biden's election is confirmed, because "she thinks you can print money and that'll create prosperity."

"She will work very closely with Chairman (Jay) Powell at the Federal Reserve to try to get around federal blocking, especially, by the Senate," said Forbes. "They'll try to use the Federal Reserve as a way to bail out states like Illinois, New York and New Jersey, which have been mismanaged."

Forbes also said he's concerned with how Biden would handle foreign affairs, particularly with China and Iran.

"The fact we got rid of, or somebody got rid of, their chief nuclear scientist in Iran shows that the Arabs and the Israelis and others don't want Iran dominating the Middle East and the oil fields there," said Forbes.

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Original Article

Arizona Republicans to Hold Meeting on Nov. 3 Election

Arizona Republicans to Hold Meeting on Nov. 3 Election

Saturday, 28 November 2020 08:38 PM

Arizona Republicans have scheduled a meeting at a hotel in downtown Phoenix on Monday to discuss the Nov. 3 election.

The event was billed as a “fact-finding hearing" featuring members of Trump's legal team and members of the Arizona Legislature, but top leaders of the Republican-controlled Legislature told The Associated Press that the planned gathering was not an official legislative event.

According to press release by state Rep. Mark Finchem, R-Oro-Valley, the gathering is intended “to hear testimony and view evidence related to allegations of electoral compromise related to the 2020 election."

A similar event was held Wednesday in Gettysburg, Pennsylvania.

No evidence of fraud or hacking of voting machines has emerged during this election in Arizona.

Five challenges have been filed in Maricopa County Superior Court in Phoenix since Nov. 3 and four of those have been dismissed. An initial hearing on the fifth is scheduled Monday, the same day as the hotel event and the state election canvass at the state Capitol.

Among the Trump supporters using social media to publicize the Arizona event were state GOP Chairwoman Kelli Ward and U.S. Rep. Paul Gosar, R-Ariz. “I will be there," Gosar declared on Twitter.

It wasn't clear whether the Trump attorneys would be present in Phoenix or addressing the gathering remotely.

On Tuesday, Republican Gov. Doug Ducey acknowledged for the first time that President-elect Joe Biden won Arizona.

The Arizona Legislature is not in session and Senate President Karen Fann said neither she nor House Speaker Rusty Bowers, authorized fellow Republican lawmakers to hold a hearing at the Capitol on the election.

“So they found a site off-site to hold it," Fann said.

The planned gathering drew scorn from some Democrats.

“Might as well have a boat parade and call it a legislative hearing. This unsanctioned unofficial circus sideshow will have no bearing or impact on @JoeBiden’s victory in Arizona,” the Democratic Caucus of the Arizona House said in its Twitter feed.

Original Article

Over 700 Gang Members in Central America Arrested in US-Aided Actions

Over 700 Gang Members in Central America Arrested in US-Aided Actions Over 700 Gang Members in Central America Arrested in US-Aided Actions (Dreamstime)

Friday, 27 November 2020 08:14 PM

El Salvador, Guatemala and Honduras have brought criminal charges against more than 700 members of cross-border criminal organizations, primarily the MS-13 and 18th Street gangs, in a U.S.-assisted effort, the U.S. Department of Justice said on Friday.

"The U.S. Department of Justice and our law enforcement partners in Central America are committed to continued collaboration in locating and arresting gang members and associates engaged in transnational crimes," said U.S. Attorney General William Barr, according to the statement.

The charges resulted from a one-week coordinated law enforcement action under Operation Regional Shield (ORS), a DOJ-led initiative to combat transnational organized crime that brings together authorities from El Salvador, Guatemala, Honduras, Mexico and the United States.

Tackling transnational human smuggling networks and gangs, including MS-13, is a top priority for U.S. President Donald Trump.

Prosecutors in El Salvador this week filed criminal charges against 1,152 members of organized crime groups in the country, primarily MS-13 and 18th Street gangs, the statement said.

The national civil police captured 572 of the defendants on charges involving terrorism, murder, extortion, kidnapping, money laundering, human trafficking and human smuggling, among others.

In Guatemala, authorities executed 80 search warrants, arrested 40 individuals and served 29 arrest warrants against people already in custody, all of whom are members of the 18th Street gang and MS-13, the DOJ said. Guatemalan authorities seized drugs and a firearm, and filed charges for extortion, illicit association, conspiracy to commit murder and extortive obstruction.

In Honduras, the one-week joint operation resulted in the arrest of over 75 MS-13 and 18th Street gang members and five police officers and the execution of over 10 search warrants.