Welcome! Apple launches a savings account with a 4.15% interest rate.
DELAYED: Fox News is trying to settle the Dominion Voting defamation case out of court.
OUTRAGE: California power companies roll out income-based bill proposal.
CHINA: Products from a Chinese surveillance giant were used to target Uyghurs.
NEW: Sen. Marsha Blackburn endorses Donald Trump.
HEADLINE: Only 10 Electric Vehicles Qualify for Full $7,500 US Tax Credit - Bloomberg (paywall)
🚨 I’m tearing apart this New York Times article shortly on radio. You can listen live here. The show starts now.
Biden 2024
Many Democrats are pointing out that Joe Biden’s reelection timeline is well behind Barack Obama’s on every major front. Biden has refused to select a campaign chief and will only discuss his alleged reelection campaign with two of his senior aides. In an awkward exchange last week, Biden told NBC, “I’m planning on running… but we’re not prepared to announce it yet.”
The announcement has been moved from shortly after the Christmas break, to after the State of the Union, to mid-spring, to potentially as late as this fall. At 80 years old, Biden’s delayed reelection announcement may simply be a tactic to keep him from prematurely jumping into a grueling campaign schedule… or to keep him from posting embarrassing grassroots fundraising numbers from a base that doesn’t want him to run. Politico suggests that Biden’s 43% approval rating is a looming drag on the campaign. Here’s the paragraph that matters:
A deep dive into the numbers reveals Biden isn’t just struggling with independents and near-unanimous disapproval among Republicans. He’s also soft among Democrats and left-leaning demographic groups, a weakness that suggests a diminished enthusiasm for his candidacy — though something that could be papered over by partisan voting patterns in the general election.
Regardless, the campaign message is taking shape according to The New York Times:
That is the basic blueprint for 2024. The Biden campaign-in-waiting is expected to be built around one of the president’s favorite political sayings: Don’t compare me to the Almighty. Compare me to the alternative.
One of Biden’s signature initiatives ahead of his reelection announcement will be his administration’s new regulations on tailpipe emissions that will force more Americans into electric vehicles over the next decade. While electric vehicles comprise 6% of the cars sold today, the new proposal would skyrocket that number to 67% in just nine years. Here’s what Josh Krashaur at Axios had to say:
If Biden's plan goes through, consumers in nine years would find fewer gasoline options and be compelled to buy vehicles that currently are more expensive and have less driving range than traditional cars.
Ouch.
DESANTIS: A new poll out has DeSantis leading Biden in a head-to-head match-up in two key swing states. The same poll has Biden ahead of Trump in the same states.
More DeSantis headlines:
DeSantis Attempts to Woo Young Evangelicals - NYT (paywall)
Scoop: DeSantis super PAC strikes Trump in first TV ad - Axios
Chicago
A weekend of chaos engulfed Chicago just days after the Democrats announced plans to hold their 2024 convention there. Two teenagers were shot and multiple vehicles were vandalized in a teen-organized event called, “Teen Takeover Of The Loop.” Despite the damage, Mayor-elect Johnson said, “It is not constructive to demonize youth who have otherwise been starved of opportunities in their own communities.”
Fox vs Dominion
The most significant defamation case in modern times has been delayed 24 hours as Fox News is feverishly working to settle. The Dominion Voting $1.6 billion defamation case was set to start this morning at 9 AM and was abruptly delayed a full 24 hours by the judge. The development came as a surprise with Dominion saying just last week, “In the coming weeks, we will prove Fox spread lies causing enormous damage to Dominion. We look forward to trial.”
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