Dow jumps 527 points with economic rebound in focus

U.S. equity markets secured a fourth straight day of gains Wednesday as investors received better-than-expected news on the jobs front and as the riots and looting that gripped America over the past week showed signs of abating. The Dow Jones Industrial Average climbed 527 points, or 2.05 percent closing above 26,000, a key psychological level. The S&P 500 and the Nasdaq Composite gained 1.36 percent and 0.78 percent, respectively. Financials, industrials and energy stocks helped drive the gains. West Texas Intermediate crude oil gained 1.3 percent to $37.29 a barrel. Protests following the death of George Floyd continued across the country on Tuesday evening, but there were fewer reports of violence than on previous nights. Meanwhile, the ADP Employment Report released Wednesday morning showed the private sector lost 2.7 million workers in May versus the 9 million job losses that analysts surveyed by Refinitiv were expecting. The report showed 20 million job losses in April. On Friday, the May jobs report will be released. Looking at stocks, gun-related names that had seen big gains over the past few sessions cooled off. Heavily beaten-down airline stocks continued their recent grind higher while cruise operators turned lower. Elsewhere, Tiffany & Co. shares were in focus after fashion trade publication Women’s Wear Daily reported board members of French luxury-goods maker LVMH expressed concerns about its acquisition of the jeweler. Coty and Kim Kardashian West are in talks to collaborate on certain beauty products. The company paid $600 million for a 51 percent stake Kylie Cosmetics, owned by Kardashian West’s half-sister Kylie Jenner, in November. On the earnings front, Zoom Video Communications reported better-than-expected earnings and revenue as the company benefitted from the increase in telecommuting caused by the COVID-19 pandemic. The company raised its full-year revenue outlook to between $1.78 billion and $1.8 billion, nearly double its previous forecast of $915 million. Campbell Soup saw first-quarter earnings surge 31 percent as consumers stocked up on canned soup and other non-perishable items to ride out the COVID-19 pandemic from home. Canada Goose warned it expects “negligible” revenue in its fiscal first quarter, a time when online sales reach a low point for the year, due to the uncertainty caused by COVID-19. The company’s fourth-quarter revenue outpaced Wall Street estimates. Looking at metals, gold fell 1.59 percent to $1,697.80 an ounce and U.S. Treasurys were under pressure, pushing the yield on the 10-year note up to 0.679 percent. Germany’s DAX led the advance in Europe, up 3.88 percent, while Britain’s FTSE and France’s CAC were higher by 2.61 percent and 3.36 percent, respectively. Markets gained across Asia with Hong Kong’s Hang Seng up 1.37 percent, Japan’s Nikkei higher by 1.29 percent and China’s Shanghai Composite edging up 0.07 percent.

Much needed good news!  Let’s pray it continues…

Opinion: The left’s poisoning of the educational infrastructure

Courtesy of our educational infrastructure having been transformed into leftist indoctrination centers, the result is politicians who care only about ideology where citizens are collateral damage in their march toward a leftist utopia. Our media is populated with news-actors who are similarly bound to their teachers’ idols of social justice, political correctness and identity politics. All of our institutions are suffering from the twin masters of identity politics and woke philosophy. In New York City during the riots, two individuals were arrested for attempting to bomb a marked New York Police Department cruiser with a Molotov cocktail. Upon arrest, police found additional material in the car to make more Molotov cocktails, and the booking complaint alleges they intended to hand out the bombs to other rioters. The kicker? Both of the suspects are lawyers. One, Colinford Mattis, a 32-year-old man had been working with a corporate law firm in New York City, and is a graduate of Princeton University. The other, Urooj Rahman, a 31-year old woman, is a graduate of Fordham Law School and was admitted to the bar in 2019. On her Facebook page, she fashions herself a “human rights lawyer.” His background as an “anti-poverty intern” for a mayor of San Francisco was listed on LinkedIn, as well as being president of the Princeton Black Student Union. With such promising backgrounds and illustrious educations, we must ask, what went wrong? Education went wrong, which is a dangerous realization, considering its importance not just as a conveyer of information, but as an important and formidable influence on character and values. With the breakdown of the American family, for many, the leftist indoctrination at the academy is the only instruction on life and principles to which they’ve been exposed. On Twitter, the Federalist’s Molly Hemingway noted, “Battle lines are more clearly being drawn these days, between those who clearly believe America is irredeemably evil and must be violently overthrown and those who believe America remains the greatest country on earth, based on rule of law, individual liberty, and inalienable rights. Decades of public education have given the former group a *huge* advantage, reinforced by media that awards itself prizes to indoctrinate message. The seriousness of that side now being impossible to ignore, however, finally forces the rule of law side to realize the fight must be engaged.” As leftists consumed public education, they accepted open-minded young people into their realm and are now vomiting them back up as heartless anarchists. The issue is not just at Ivy League institutions, it is a systemwide problem. Case in point is brought to us by the University of Alabama Birmingham (UAB). In the midst of violent rioting in dozens of cities across the United States, and on the same night rioters set fire to Washington, D.C.’s historic St. John’s Episcopal Church, Sarah Parcak, a faculty member of UAB went to Twitter encouraging people to topple a local monument she deemed a racist insult. “Ms. Parcak began coaching rioters about how to tear down monuments as networks covered the unrest in Washington on Sunday night. ‘PSA for ANYONE who might be interested in how to pull down an obelisk* safely from an Egyptologist who never ever in a million years thought this advice might come in handy,’ Ms. Parcak tweeted. She went on to fire off more than a dozen tweets demonstrating how protesters could topple obelisks …,” The Washington Times reported. On Parcak’s bizarre tweet frenzy encouraging mayhem, Mark Bauerlein, the editor of First Things Magazine, a journal on religion and public life, said, “The crucial point in this maniacal tweet is that this professor has been honored by TED, the Smithsonian, and the Guggenheim,” and asked, “Many advocates of disorder now occupy elite institutions that have in the past been the guarantors of order. Who let them in?” Kyle Shideler, the director/senior analyst for homeland security and counterterrorism at the Center for Security Policy, has the most direct answer: “They took over the academy and all credentialing. The middle and lower-middle-class families in this country paid millions to let the Weather Underground raise their kids in hopes they would climb the social ladder,” as he responded on social media. A Fox News producer inquired with UAB if it had any comment about a faculty member encouraging the destruction of property and mayhem on a night when the nation was aflame in violence. UAB responded, “These are not the opinions of the university. Our 45,000+ students, faculty and staff often use social media to express thoughts that do not necessarily reflect the voice of the university. If a public comment by a member of the campus community needs to be addressed by Student Affairs or Human Resources, it would be. However, personnel and student conduct matters are addressed privately between the individual and the institution.” Whoever Mattis’ and Rahman’s professors were, they weren’t out fixing up Molotov cocktails Sunday night, but for some reason their young charges allegedly were. And Parcak was no doubt comfortable in a chair during the 10 p.m. hour on a Sunday as she was tweet-inciting others to put themselves and their futures at great risk. Why put yourself on the line when others who look up to you are too naive to know you’re stuffing them into a cannon?

No kidding…  Thanks to Tammy Bruce for that outstanding op/ed.  Tammy is president of Independent Women’s Voice, is a radio talk-show host, and a New York Times best-selling author.   Excellent!!    🙂

Bail reform laws let alleged criminals back on the streets within hours, threatening public security

Hundreds of looters and rioters arrested by the New York Police Department over the past several days have been immediately released due to the state’s new bail-reform law that some say is turning the criminal justice process into a mockery and threatening public safety. New York City police chief Terrance Monahan said “just about all” of the looters arrested will be released without bail. Frustrated law enforcement officials across the state say repeat offenders are getting bolder by the day and claim the state’s policy gives lawbreakers the green light to commit crimes without consequences. Louis Turco, head of the Lieutenants Benevolent Association, said the violence seen during the demonstrations in New York is the byproduct of the new law that requires defendants to be released without cash bail on a long list of misdemeanors and some felonies including arson and burglary. “This has been put in motion by our politicians that have allowed the criminal element to feel as if there’s no consequences for any crime that you do and now you’ve seen this coming out,” Turco told The Washington Post. “…Now they go home and tell all their friends, ‘Listen, I got out the next day and nothing’s going to happen to me.'” Former NYPD detective Oscar Odom told Fox News on Wednesday that he thinks it’s likely that “99.9 percent” of the people who were arrested and released from jail because of the new law have gone right back to looting. But it’s not just happening in big cities. Two and a half hours away in Albany, a 26-year-old man accused of slamming a $2,000 door and looting a hotel Monday night had been released from the county jail a week earlier despite having pending charges against him from prior arrests. Cops claim Lucas J. Kaplan brazenly swiped a badge, a credit card, cash and other items from multiple jail employees’ cars on his way out of lockup. In most jurisdictions across the country, people who are arrested and charged with crimes are required to put down a refundable deposit to ensure that they will show up for their court date. If they don’t have the cash on hand, they often turn to a commercial bond company that fronts the money on their behalf. If the person arrested cannot afford to pay his or her bail, they remain in jail until their court hearing. In 2019, New York lawmakers passed sweeping changes to the state’s bail law, limiting the number of crimes for which judges could set bail – largely to those who were believed to have committed violent felonies. Almost everyone else – about 90 percent of the state’s arrests – could walk out of jail after being processed. Even in cases where bail is permitted, judges are no longer allowed to take into account the severity of the allegations or the possible danger the defendant may pose if released. The only criterion they can consider is whether the defendant is a flight risk who would fail to make future court appearances. Should a defendant fail to show up in court, the judge is no longer allowed to immediately issue a bench warrant. Instead, the law says, the judge must give them 48 hours to come in before issuing a warrant. During the first three months the law was in effect, New York’s jail population dropped significantly. At the end of 2019, the number of people jailed across the state was close to 20,000. By March of 2020, the number had dipped to 15,000. But the celebration by criminal justice reform advocates in the Empire State was stopped in its tracks after a spike in hate crimes. In one case, a woman named Tiffany Harris, 30, had been accused of slapping three Orthodox Jewish women in late December and allegedly using anti-Semitic language during the attack. Harris was arrested and released without bail. She was arrested the very next day in connection to a separate assault. After she was arrested a third time for missing an appointment with a social worker, Harris was ordered to be held at a hospital for a psychiatric evaluation. Critics of New York’s bail reform law, including several law enforcement officials, used Harris’ case to show how the new law threatened public safety. In March, the New York Police Department released a report showing that crime in February 2020 had jumped 22.5 percent compared to February 2019. The cops blamed the rise on criminal justice reforms they claimed were too soft on offenders. In the first 58 days of 2020, 482 people who had been arrested on charges where a cash bail was prohibited went on to commit 846 new crimes. “Thirty-five percent of the new crimes were for arrests in seven major crime categories – murder, rape, robbery, felony assault, burglary, grand larceny and grand larceny auto – that is nearly triple the amount of those crimes committed in the same 58 days in 2019,” the report claimed. Since then, the law has been modified to give judges more discretion in setting bail and other conditions of pretrial release but those effects won’t go into effect until July 1. New York isn’t the only place bail policies have been loosened. Since 2012, at least 19 states have moved to reduce the use of financial conditions for a person’s release. In 2018, California became the first jurisdiction to pass a law that ended money bail entirely. Under the law, only people charged with certain low-level, nonviolent misdemeanors would be eligible for automatic release within 12 hours of being booked into jail. New Jersey decided to replace its cash bail with a scorecard to assess whether a criminal defendant might skip out on his or her hearing. The 2017 change was part of the Criminal Justice Reform Act passed under former Gov. Chris Christie in 2014 and enacted three years later. A 2019 report from the state’s Administrative Office of the Courts found that people released under the new system were no more likely to commit a crime while waiting for their trials than those released under the prior system based on money bail. Alaska and Illinois have put restrictions on the cases in which people can be assigned cash bail. Both states have also encouraged their courts to use “unsecured” bail, which is only payable if the person fails to appear in court. In 2018, Georgia lawmakers passed a bill that requires judges to consider a defendant’s financial status when setting bail and allows officers to use citations instead of filing criminal charges. That same year, New Hampshire Gov. Chris Sununu signed off on legislation that would allow low-risk defendants to be released without cash bail.

Mike Huckabee rips Mayor de Blasio for comments about National Guard: ‘His ignorance is stunning’

Former Arkansas Gov. Mike Huckabee (R) said on Wednesday that NYC Mayor Bill de Blasio refusing to send in the National Guard to address the rioting “makes no sense.” Huckabee told “Fox & Friends” that it was wrong for de Blasio to claim the National Guard is not trained to help police quell violence. “Yes, they are. That is exactly what they are trained for. … His ignorance of that is stunning to me,” Huckabee said. Huckabee said that the National Guard is “carefully trained” and “know how to get into these situations” to handle them. De Blasio earlier Tuesday announced that the city’s curfew will be extended through the end of the week following yet another night of looting, destruction and “vicious attacks on police officers.” The decision to order residents to stay indoors from 8 p.m. to 5 a.m. comes as De Blasio simultaneously urged local community leaders to “not let outsiders attack” by stepping forward, creating peace and taking charge of their neighborhoods. The Democrat’s administration so far has failed to stop roving bands of looters from ransacking everything from chain stores to mom-and-pop businesses in recent days. “We are going to ensure there are additional NYPD resources where they are needed,” de Blasio told reporters Tuesday while announcing the curfew extension. “We are going to work actively and strategically to stop any disorder, but again community leaders need to be a part of this effort.” When de Blasio was asked by a reporter if he intends to call in the National Guard for help – as many governors across the U.S. have done in hopes to quell rioting linked to George Floyd demonstrations – he poured cold water on the idea. “We do not need, nor do we think it is wise for the National Guard to be in New York City. Nor any armed forces,” he said. “When outside armed forces go into communities no good comes of it.” New York City implemented its first curfew in decades Monday night around 11 p.m. But before that even went into effect, the looting was well underway, particularly in the Manhattan and Bronx boroughs.

Wow..  Gov. Huckabee (R) is exactly right.  Mayor Bill de Blasio’s (D) comments truly are stunningly ignorant.  To borrow a Rush-ism..  He is a “glittering jewel of colossal ignorance,”…and equally incompetent.  First of all..   The National Guard in peacetime is local to the state, and the commander in chief is that state’s governor.  So, they are NOT “outside armed forces,” as he suggests.  They are members of that state, and that community.  They are citizen soldiers who are full time citizens, and part time soldiers  and are specifically trained to support and augment civilian critical response agencies whether it is to support disasters from hurricanes and blizzards, or to supporting law enforcement in times like these.  For him to suggest otherwise shows either his ignorance of that fact, which illustrates his incompetence for the job he holds, OR it illustrates his disdain for the military in general.  It’s actually probably both, as he has on numerous occasions spoken out against the NYPD, oh…and remember, his daughter was arrested Saturday night for involvement in the protests/rioting that occurred there.  Soo..  The seed probably doesn’t fall far from the de Blasio tree..  Bill de Blasio is arguably the most incompetent mayor of a big city in America.  He is a disgrace.

Get set for strawberry moon: NASA’s top tips for June skywatchers

The next full moon, known as the strawberry moon, will light up the sky this week. Here are NASA’s top tips for June skywatchers. The moon will be full on Friday, June 5, at 3:12 p.m. EDT. “The Moon will appear full for about 3 days around this time, from early Thursday morning into early Sunday morning,” NASA explains on its website. Citing the Maine Farmer’s Almanac, NASA notes that the June full moon was dubbed the strawberry moon by Algonquin tribes. “The name comes from the relatively short season for harvesting strawberries in the north-eastern United States,” the space agency explains. “An old European name for this full Moon is the Mead Moon or the Honey Moon.” Mead is an alcoholic drink made from a fermented mixture of honey and water. “Some writings suggest that the time around the end of June was when honey was ripe and ready to be harvested from hives or from the wild, which made this the ‘sweetest’ Moon,” explains NASA. The Old Farmer’s Almanac notes that the name strawberry moon was used by every Algonquin tribe. The celestial event was also known as the rose moon in Europe, it adds. The June full moon may also be linked to the phrase “honeymoon,” according to the Old Farmer’s Almanac. “In the past, June has been the most popular month for weddings, leading some to suggest that the Moon’s honey-colored appearance in June was the origin of the ‘honeymoon’ phrase,” it explains on its website. “Nowadays, however, the most popular wedding months are August, September, and October, plus a little research shows that the Moon’s color never did have anything to do with that expression.” The strawberry moon, however, will not be a supermoon. The May full moon, known as the flower moon, was the last supermoon of 2020. In April, skywatchers enjoyed the super pink moon, which was the largest supermoon of the year. NASA notes that a partial eclipse is also on deck for June 5, although this will not be visible for most people in the Americas. “The Moon will be close enough to opposite the Sun that it will pass through part of the partial shadow of the Earth, called a partial penumbral eclipse of the Moon,” it explains on its website. “During this eclipse the Moon will not be in the sky for most of the Americas. If we could see the Moon, the slight dimming during this eclipse will not be noticeable without instrumentation.” “It’s the most subtle kind of lunar eclipse, one that most people won’t even notice,” adds the EarthSky website. The summer solstice will occur later this month, on June 20. “As spring ends and summer begins, the daily periods of sunlight reach their longest on the solstice, then begin to shorten again,” explains NASA on its website. “Summer Solstice will be on Saturday, June 20, at 5:43 PM. This will be the day with the longest period of sunlight, 14 hours, 53 minutes, and 41.5 seconds,” it adds. The ancient site of Stonehenge in Southern England has become synonymous with solstices. Some scientists believe that Stonehenge was built to mark the summer and winter solstices. NASA also offers other skywatching tips for this month. “As twilight ends on the evening of the full Moon on Friday, June 5, (at 9:42 PM EDT for the Washington, DC area), the planet Mercury will appear about 6 degrees above the horizon in the west-northwest,” it explains, on its website. “The bright star appearing nearest to directly overhead will be Arcturus, appearing (for Washington, DC and similar latitudes) 68 degrees above the horizon in the south-southeast. Also near to directly overhead will be the constellation Ursa Major, also known as the Great Bear or the Big Dipper.”

For more info, click on the text above.  And, remember to check for that Strawberry Moon this Friday afternoon at 1:12p MDT, for those of us here in sunny Colorado.     🙂

 

Trend of Armed Human Smuggler Arrests Continues in Texas near Border

Del Rio Sector Border Patrol agents arrested another armed human smuggler in South Texas near the Rio Grande border with Mexico. Del Rio Sector agents patrolling Val Verde Road near the Mexican border with Texas attempted to stop a 2004 GMC Yukon SUV. As the vehicle stopped, about 16 people bailed out of the vehicle and fled on foot toward the Rio Grande, according to information provided by Del Rio Sector Border Patrol officials. Joined by a U.S. Customs and Border Protection Air and Marine Operations aircrew, Border Patrol agents arrested the two U.S. citizen human smugglers and one of the Mexican illegal aliens before they could get to the river. Officials said the remainder of the group made it into the river and crossed back into Mexico. Border Patrol agents assigned to the Del Rio Sector Foreign Operations Branch contacted the Mexican government and provided the location of the illegal crossing. Mexican law enforcement responded and rounded up the migrants. Mexican authorities turned them over to civil services in Ciudad Acuna, Coahuila, for processing. Agents searched the SUV and found a loaded .380 caliber Ruger pistol. They also found drug paraphernalia. A records check on the driver identified him as a 24-year-old U.S. citizen with a criminal record for being a felon in possession of a firearm. The smugglers now face a felony charge under 8 USC 1324, alien smuggling. They could also face a federal charge for being a felon in possession of a firearm. “With effective cooperation between our law enforcement partners, our reach to disrupt their dangerous activities is greatly enhanced.” Del Rio Sector Acting Chief Patrol Agent Doyle E. Amidon Jr. said in a written statement. “Collaboration continues to be an invaluable key to our success in capturing these dangerous criminals.” Under coronavirus protection protocols put in place by the Centers for Disease Control and Prevention, the Mexican illegal alien will likely be returned to his home country after clearing a medical screening and criminal background check.

This sorta thing is happening EVERY day in Texas, California, and other states on our border with Mexico.  It is just another reason (we’ve documented so many) why it is absolutely critical that we BUILD THE WALL NOW!!!….and put U.S. Army National Guard troops physically ON the border, until that wall/fence is finally built, above and below ground to prevent tunneling, etc.  Securing our southern border needs to be our federal government’s #1 domestic national security priority.  Period.  The Trump Administration is making big strides.  But, it’s nowhere near enough.

Dana Perino says Trump’s visit to St. John’s Church was a good idea, but ‘not executed well’

“The Five” began Tuesday’s program by reacting to the latest riots that followed protests over the death of George Floyd and analyzing President Trump’s much-criticized walk from the White House to St. John’s Church Monday evening. Co-host Dana Perino called Trump’s visit to the church a great idea that was “not executed well.” “I don’t think that people intended to use it as a photo op. I believe that the president was trying to show resilience, that America is not going to be taken over by people who would actually set fire to St. John’s,” Perino said. ” … The execution of all of that became the story today when we should really … talk about the actual horrible destruction of America’s great cities, especially New York City.” During the brief visit to the boarded-up church — part of which was set on fire the night before — Trump posed for the cameras while holding up a Bible. Before Trump left the White House, authorities used smoke canisters and pepper balls to clear the park of protesters. Co-host Jesse Watters dismissed the criticism that peaceful protesters were attacked, claiming that they don’t deserve the benefit of the doubt after many American cities have been ravaged by riots and looting. “They’ve shown no ability to be trusted at this point, killing cops now, punching people in the face for no reason. They’re trying to protest violence against an innocent man, and yet they’re committing violence on innocent men and women. It’s disgusting. This country has had enough of it,” Watters said. “And this fake scandal is just another frame job of the president while the rest of the country agrees with everything he did.” Co-host Greg Gutfeld said those who were looting and rioting were doing so for the thrill of it. “There’s this myth that that anger is driving this. There was no anger on the faces of the looters in my neighborhood on Sunday night. They were having a blast. And the unspoken truth about all of this is that it’s fun,” Gutfeld said. “You’re going out in an organized fashion. You’re beating the crap out of people. You’re taking stuff. This is not about George Floyd. This is about ’28 Days Later.’ This is about the ‘Dawn of the Dead.'” Gutfeld then raised the possibility of riots taking place for weeks and months on end. “If the other cops aren’t charged [in Floyd’s death], another round of riots. If they’re arrested and let off, another round of riots. If the bad cop gets charged and only gets a couple of years, another round of riost. If he’s let out, another round of riots,” he said. “The system is now designed to accept the purge. We are stuck in a dystopian deja vu. We’re stuck on repeat of a just repulsive, reprehensible activity.”

A great discussion among the crew of The Five.  Dana’s assessment of what Trump did last night is spot on.  It was well-intentioned, but poorly executed.  And, for Speaker Nancy Pelosi (D-CA) to accuse Trump of staging a “photo-op” is the height of hypocrisy, as she was doing the exact same thing, with a Bible, at the same time.  What a nauseating tool she is..