Dueling Townhalls Post Mortem: Snarling Savannah Vs Gentle George & Not A Single Question About Hunter BidenTyler DurdenFri, 10/16/2020 - 08:45
The contrast could not have been greater - "under great pressure" from the great-and-good of liberal media to 'resist', NBC's Savannah Guthrie came out swinging in the so-called "Townhall" with President Trump, interrupting, interjecting, and intervening his responses with the first actual 'American voter' question relegated to 20 minutes into the 'discussion'; whereas George Stephanopolous gave Joe Biden as long as he wanted to answer questions, leaving lies unchallenged and controversies unaddressed.
Behind the scenes of the NBC News Townhall, there was anger, even before the first question, but this time it wasn’t from President Trump.
As RealClearPolitics' Philip Wegmann details, NBC employees seethed that they had agreed to host a Trump townhall in the same hour that ABC was hosting a similar Biden event. It was counterprograming, they complained, a clear attempt by the incumbent to force a split-screen moment and pull the eyeballs of the electorate away from the Democratic challenger.
They were not alone, and others went public with that sentiment. Actors and producers and on-air talent put their frustration to paper in an open letter to NBC asking the network to “air the president’s town hall either before or after Joe Biden’s so that American voters can have the opportunity to watch both.”
NBC executives didn’t budge. But while Trump got half the national spotlight, Savannah Guthrie made sure he paid for it with sharp questions that kept coming, one after the other.
Did he have any remaining COVID symptoms? Did he ever develop a case of pneumonia? Did he take a coronavirus test before the debate with Biden as required by the Commission on Presidential Debates?
Trump said he is symptom-free at the moment, said he didn’t “do too much asking” about his chest X-rays while a patient at Walter Reed medical center, and said he wasn’t sure if he had or hadn’t tested before the debate: “The doctor has very accurate information -- if you are president, you have a lot of doctors you're surrounded by -- I was in great shape for the debate, and sometime after the debate, I tested positive.”
Why hadn’t he condemned white supremacy on the debate stage?
Trump said he did condemn white supremacy on stage and always has “denounced white supremacy” and then complained that the press “always starts off with the question.” Interrupting as Guthrie tried a follow-up, the exasperated president asked, “Are you listening? I denounce white supremacy!”
Why won’t he condemn Q-Anon for spreading a conspiracy theory about satanic cult of pedophiles controlling the Democratic Party?
Trump said three times that he didn’t know about the group before adding that the only knowledge he had was that they were “very much against pedophilia” and that “they fight it very hard.” The president expressed frustration that Guthrie didn’t ask him about antifa and that the press had not asked Biden about antifa.
She said it was because Biden wasn’t there, a not-so-subtle reminder to the audience about why the two presidential candidates weren’t together on stage.
”How cute,” he replied.
Why did he retweet an article claiming that Navy SEALS killed a body double of Osama bin Laden, while secretly capturing the real bin Laden, and that former President Obama may have had the SEALS killed to hide the plot?
The commander-in-chief replied that it was “an opinion of somebody” and that it “was a retweet.” While he didn’t endorse the idea, he added, he was simply putting it “out there.”
At this Guthrie responded, “I don’t get that. You're the president, not like someone’s crazy uncle who can retweet whatever.” Trump said he does a lot of retweets because “the media is so fake and so corrupt” and that without social media he “wouldn’t be able to get the word out.”
The grilling went on like this for 20 minutes without a single question from the audience. At the first commercial break, White House Communications Director Alyssa Farah hurried over to the president. Three other aides quickly followed. And although voters finally got their chance to ask questions when programming returned, Guthrie did her best to keep Trump on the ropes with her own follow-ups.
The evening was not supposed to go this way. It was supposed to feature a second presidential debate – moderated by C-SPAN’s Steve Scully with a townhall format -- but was cancelled after the debate commission insisted on a virtual event and Trump refused to participate. Without a Democrat to attack, the Trump campaign returned to familiar form. They went after the moderator. And vice versa.
“Even though the commission canceled the in-person debate that could have happened tonight, one occurred anyway, and President Trump soundly defeated NBC’s Savannah Guthrie in her role as debate opponent and Joe Biden surrogate,” Trump spokesman Tim Murtaugh said at the end of the night.
Others were delighted with the journalist’s performance. The liberal website Vox crooned that “Guthrie delivered the Trump interview we’ve been wanting for years.” Barack Obama speechwriter Jon Favreau wished she would moderate a townhall with Trump “every night between now and election day.”
To Trump loyalists, Guthrie’s adversarial attitude, and the cheering section it engendered, merely confirmed the president’s oft-stated view that the media has taken sides in this election. But, in their view, the night was not at all a waste.
“Obviously, she was trying to placate liberal critics who attacked NBC for giving Trump a platform at all,” a conservative operative close to the campaign told RCP. “Savannah’s decision to aggressively debate Trump instead of interview him or allow voters to speak at the townhall allowed Trump to appear the optimist and turned the studio audience to his side.”
This was particularly true over the left shoulder of the president. Throughout the night one woman nodded with enthusiastic agreement and gave thumbs up regularly when he spoke, earning her both online gratitude and infamy.
Conservative corners of the Internet heralded her as “the hero we need right now,” while liberal social media users suspected a plant who was pulling off “a psychological trick.” Perhaps that reaction encapsulates the entire evening – and even the Trump presidency itself. Although aggressive, the questioning from Guthrie was nothing Trump hasn’t faced before. And after four years, the nation has grown accustomed to a president who pushes back equally hard.
Did the Republican win a strategic victory then by drawing attention away from the Democrat? “Definitely,” the conservative operative explained. “That’s why liberals were up in arms in anger against NBC, knowing Trump is must-watch and Biden is a snooze-fest.”
When the night was finally over and Guthrie was out of questions, Trump press aide Dan Scavino shared a “behind the scenes” video of the night on Twitter. The president was working over a delighted crowd. As MSNBC returned to regular programming, Rachel Maddow tried distancing her cable network from parent company NBC.
“Well, that happened,” the liberal talk show host said to start her show. Guthrie’s question were fine, she added. NBC, not MSNBC, she sighed, had produced what “was a strange replacement for what was otherwise supposed to be the second presidential debate of this general election season.”
Meanwhile, on ABC, Democrats embraced their presidential nominee as a reassuring Mr. Rogers.
As RealClearPolitics' Susan Crabtree reports, the switch from debate to townhall turned out to be a net positive for Biden when it comes to displaying his skill at talking calmly with voters – even those expressing differences with him. But it wasn’t a slam dunk by any means. His performance was also marred by some wildly uneven moments and windy responses from him, along with an outright refusal to answer whether he supports packing the Supreme Court -- though promising he would do so before Nov. 3.
Throughout the dueling forums, Twitter lit up with Biden supporters’ sharply contrasting the calm and collegial tone of the ABC townhall hosted by George Stephanopoulos with the combative faceoff between Trump and NBC host Savannah Guthrie before she turned to voters in the audience for questions.
As the Biden forum wrapped up, “Mr. Rogers” was trending on Twitter after Mercedes Schlapp, a senior adviser for President Trump’s reelection campaign, compared the Democratic nominee’s performance to the long-running children’s show aimed at preschoolers.
“Well @JoeBiden @ABCPolitics townhall feels like I’m watching an episode of Mister Rodgers Neighborhood,” she tweeted, misspelling Fred Rogers last name.
Conservative critics were irate over Guthrie’s grilling of Trump for nearly 20 minutes during a format supposedly dedicated to questions from voters. They also took issue with Stephanopoulos’ light touch with Biden.
Biden’s supporters eagerly embraced the Mr. Rogers analogy, arguing it was a “self-own” for Team Trump because Rogers was known for his soothing, patient and kind demeanor.
“Pretty telling that this crew thinks Mr. Rogers is the bad guy,” tweeted Democratic strategist Zac Petkanas.
Meanwhile, during the same hour, Fox News host Tucker Carlson was revealing purportedly new Hunter Biden emails resurrecting a narrative that Biden, while vice president, demanded the firing of a Ukrainian prosecutor because he was investigating energy firm Burisma, for which Hunter worked as a highly paid board member. Twitter and Facebook for the prior 48 hours had prevented their users from tweeting or posting a New York Post story about the emails and calling into question previous assertions from Biden that he knew nothing about his son’s lucrative business deals in Ukraine and China. Trump’s personal lawyer, Rudy Giuliani, over the same two days has slammed the presidential nominee as the head of the “Biden Crime Family” over the lucrative contracts. Giuliani provided the emails to the New York Post, which he said were obtained from a laptop Hunter Biden dropped off at a repair shop last year and never picked up.
Throughout the 90 minute-townhall, interrupted for commercials, Biden fielded audience inquiries but received none from Stephanopoulos, nor the audience, about the propriety of Hunter Biden’s overseas deals and any links to his father.
Holding his mask in one hand and prepared notes in the other, Biden took a soft, measured approach to the questions. Though he often droned on with lengthy responses, he never raised his voice or grew testy.
Kelly Leigh, an undecided voter, asked if he would take the vaccine that Trump has so often touted will soon be available, considering that Kamala Harris, his running mate, said she wouldn’t if Trump alone were to endorse it. Biden responded that he would take such a vaccine, but also pointed to some of Trump’s more bizarre statements about remedies – some of which the president has brushed off as sarcasm.
"No. 1: President Trump talks about things that just aren't accurate about everything," Biden said. "The point is that if the scientists, if the body of scientists, say if this is what is ready to be done, been tested, gone through the three phases, yes, I'd take it, encourage people to take it. President Trump says things like everything from crazy stuff he's walking away from now, 'Inject bleach in your arm and that's going to work.'"
Throughout the townhall, Biden spent so much time on policy minutiae that the questioners often looked nonplused. One of those moments came when Cedric Humphrey, a young black man, asked, “What do you have to say to young black voters who see voting for you as further participation in a system that continually fails to protect them?”
At first, Biden said young black voters would have the power to determine the outcome of the election if they would only exercise their right to vote. Then, he dove off a policy cliff, leaving Humphrey staring at him with a blank expression. Along with spotlighting criminal justice reform as a way to help the black community, Biden delivered a mini-dissertation on how black Americans would be helped by his administration to “gain wealth.”
When it comes to violent protests demanding justice for black men and women killed by police, Biden said the solution isn’t defunding the police, and argued he would give law enforcement new tools without diminishing their budgets.
“Cops are kind of like schoolteachers now,” he said. “You know, a schoolteacher has to know everything from … how to handle hunger in a household, as well as how to teach how to read," Biden said. "Well, cops don't have that breadth."
Pressed again on whether he would pack the court, Biden rambled, repeating that he has never been a fan on doing so, but now, depending on how the Senate handles Trump’s nomination of Amy Coney Barrett to fill the late Ruth Bader Ginsburg’s seat, he may change his mind. Her confirmation next week is considered a fait accompli.
"It depends on how much they rush this," Biden said. When Stephanopoulos asked whether he believes voters “have a right to know where you stand,” he answered, "Yes," but then quickly followed with the caveat, "depending on how they handle this."
Biden also continued to insist that he would not ban fracking – a major industry in Pennsylvania and other Rust Belt battleground states – despite previous repeated claims that he would. He added that investing in renewable energy would produce better environmental results and more jobs. Biden argued that 128,000 people could be hired to fill oil wells, "and get a good salary doing it."
One final note, from PJMedia's Jeff Reynolds,even with about three times as many breaks, Biden showed significant signs of fatigue and a lack of focus toward the end, calling into question his capacity to handle the job of POTUS.
This worked to prove my premise after the first debate, that Trump getting him worked up and angry kept Biden engaged and on point for the entire evening. Tonight, without the constant adrenaline rushes of having to face attacks from Trump, Biden slowly faded away. In doing so, he proved what many suspect, that 77-year-old Joe Biden’s faculties are in decline.
* * *
In summary, we suspect Trump consolidated his base but did nothing to persuade fence-sitters (if there is such a person in America), whereas Biden likely alienated some of the more progressive leftists in his base, but picked up some 'undecideds'. Biden won the night, helped by the media.
It was Jan. 11, 2024 when software giant Microsoft (MSFT) briefly passed Apple (AAPL) as the most valuable company in the world.
Microsoft's stock closed 0.5% higher, giving it a market valuation of $2.859 trillion.
It rose as much as 2% during the session and the company was briefly worth $2.903 trillion. Apple closed 0.3% lower, giving the company a market capitalization of $2.886 trillion.
"It was inevitable that Microsoft would overtake Apple since Microsoft is growing faster and has more to benefit from the generative AI revolution," D.A. Davidson analyst Gil Luria said at the time, according to Reuters.
The two tech titans have jostled for top spot over the years and Microsoft was ahead at last check, with a market cap of $3.085 trillion, compared with Apple's value of $2.684 trillion.
Analysts noted that Apple had been dealing with weakening demand, including for the iPhone, the company’s main source of revenue.
Demand in China, a major market, has slumped as the country's economy makes a slow recovery from the pandemic and competition from Huawei.
Sales in China of Apple's iPhone fell by 24% in the first six weeks of 2024 compared with a year earlier, according to research firm Counterpoint, as the company contended with stiff competition from a resurgent Huawei "while getting squeezed in the middle on aggressive pricing from the likes of OPPO, vivo and Xiaomi," said senior Analyst Mengmeng Zhang.
“Although the iPhone 15 is a great device, it has no significant upgrades from the previous version, so consumers feel fine holding on to the older-generation iPhones for now," he said.
A man scrolling through Netflix on an Apple iPad Pro. Photo by Phil Barker/Future Publishing via Getty Images.
Counterpoint said that the first six weeks of 2023 saw abnormally high numbers with significant unit sales being deferred from December 2022 due to production issues.
Apple is planning to open its eighth store in Shanghai – and its 47th across China – on March 21.
The company also plans to expand its research centre in Shanghai to support all of its product lines and open a new lab in southern tech hub Shenzhen later this year, according to the South China Morning Post.
Meanwhile, over in Europe, Apple announced changes to comply with the European Union's Digital Markets Act (DMA), which went into effect last week, Reuters reported on March 12.
Beginning this spring, software developers operating in Europe will be able to distribute apps to EU customers directly from their own websites instead of through the App Store.
"To reflect the DMA’s changes, users in the EU can install apps from alternative app marketplaces in iOS 17.4 and later," Apple said on its website, referring to the software platform that runs iPhones and iPads.
"Users will be able to download an alternative marketplace app from the marketplace developer’s website," the company said.
Apple has also said it will appeal a $2 billion EU antitrust fine for thwarting competition from Spotify (SPOT) and other music streaming rivals via restrictions on the App Store.
The company's shares have suffered amid all this upheaval, but some analysts still see good things in Apple's future.
Bank of America Securities confirmed its positive stance on Apple, maintaining a buy rating with a steady price target of $225, according to Investing.com.
The firm's analysis highlighted Apple's pricing strategy evolution since the introduction of the first iPhone in 2007, with initial prices set at $499 for the 4GB model and $599 for the 8GB model.
BofA said that Apple has consistently launched new iPhone models, including the Pro/Pro Max versions, to target the premium market.
Analyst says Apple selloff 'overdone'
Concurrently, prices for previous models are typically reduced by about $100 with each new release.
This strategy, coupled with installment plans from Apple and carriers, has contributed to the iPhone's installed base reaching a record 1.2 billion in 2023, the firm said.
Apple has effectively shifted its sales mix toward higher-value units despite experiencing slower unit sales, BofA said.
This trend is expected to persist and could help mitigate potential unit sales weaknesses, particularly in China.
BofA also noted Apple's dominance in the high-end market, maintaining a market share of over 90% in the $1,000 and above price band for the past three years.
The firm also cited the anticipation of a multi-year iPhone cycle propelled by next-generation AI technology, robust services growth, and the potential for margin expansion.
On Monday, Evercore ISI analysts said they believed that the sell-off in the iPhone maker’s shares may be “overdone.”
The firm said that investors' growing preference for AI-focused stocks like Nvidia (NVDA) has led to a reallocation of funds away from Apple.
In addition, Evercore said concerns over weakening demand in China, where Apple may be losing market share in the smartphone segment, have affected investor sentiment.
And then ongoing regulatory issues continue to have an impact on investor confidence in the world's second-biggest company.
“We think the sell-off is rather overdone, while we suspect there is strong valuation support at current levels to down 10%, there are three distinct drivers that could unlock upside on the stock from here – a) Cap allocation, b) AI inferencing, and c) Risk-off/defensive shift," the firm said in a research note.
Major typhoid fever surveillance study in sub-Saharan Africa indicates need for the introduction of typhoid conjugate vaccines in endemic countries
There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high…
There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high burden combined with the threat of typhoid strains resistant to antibiotic treatment calls for stronger prevention strategies, including the use and implementation of typhoid conjugate vaccines (TCVs) in endemic settings along with improvements in access to safe water, sanitation, and hygiene.
Credit: IVI
There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high burden combined with the threat of typhoid strains resistant to antibiotic treatment calls for stronger prevention strategies, including the use and implementation of typhoid conjugate vaccines (TCVs) in endemic settings along with improvements in access to safe water, sanitation, and hygiene.
The findings from this 4-year study, the Severe Typhoid in Africa (SETA) program, offers new typhoid fever burden estimates from six countries: Burkina Faso, Democratic Republic of the Congo (DRC), Ethiopia, Ghana, Madagascar, and Nigeria, with four countries recording more than 100 cases for every 100,000 person-years of observation, which is considered a high burden. The highest incidence of typhoid was found in DRC with 315 cases per 100,000 people while children between 2-14 years of age were shown to be at highest risk across all 25 study sites.
There are an estimated 12.5 to 16.3 million cases of typhoid every year with 140,000 deaths. However, with generic symptoms such as fever, fatigue, and abdominal pain, and the need for blood culture sampling to make a definitive diagnosis, it is difficult for governments to capture the true burden of typhoid in their countries.
“Our goal through SETA was to address these gaps in typhoid disease burden data,” said lead author Dr. Florian Marks, Deputy Director General of the International Vaccine Institute (IVI). “Our estimates indicate that introduction of TCV in endemic settings would go to lengths in protecting communities, especially school-aged children, against this potentially deadly—but preventable—disease.”
In addition to disease incidence, this study also showed that the emergence of antimicrobial resistance (AMR) in Salmonella Typhi, the bacteria that causes typhoid fever, has led to more reliance beyond the traditional first line of antibiotic treatment. If left untreated, severe cases of the disease can lead to intestinal perforation and even death. This suggests that prevention through vaccination may play a critical role in not only protecting against typhoid fever but reducing the spread of drug-resistant strains of the bacteria.
There are two TCVs prequalified by the World Health Organization (WHO) and available through Gavi, the Vaccine Alliance. In February 2024, IVI and SK bioscience announced that a third TCV, SKYTyphoid™, also achieved WHO PQ, paving the way for public procurement and increasing the global supply.
Alongside the SETA disease burden study, IVI has been working with colleagues in three African countries to show the real-world impact of TCV vaccination. These studies include a cluster-randomized trial in Agogo, Ghana and two effectiveness studies following mass vaccination in Kisantu, DRC and Imerintsiatosika, Madagascar.
Dr. Birkneh Tilahun Tadesse, Associate Director General at IVI and Head of the Real-World Evidence Department, explains, “Through these vaccine effectiveness studies, we aim to show the full public health value of TCV in settings that are directly impacted by a high burden of typhoid fever.” He adds, “Our final objective of course is to eliminate typhoid or to at least reduce the burden to low incidence levels, and that’s what we are attempting in Fiji with an island-wide vaccination campaign.”
As more countries in typhoid endemic countries, namely in sub-Saharan Africa and South Asia, consider TCV in national immunization programs, these data will help inform evidence-based policy decisions around typhoid prevention and control.
###
About the International Vaccine Institute (IVI)
The International Vaccine Institute (IVI) is a non-profit international organization established in 1997 at the initiative of the United Nations Development Programme with a mission to discover, develop, and deliver safe, effective, and affordable vaccines for global health.
IVI’s current portfolio includes vaccines at all stages of pre-clinical and clinical development for infectious diseases that disproportionately affect low- and middle-income countries, such as cholera, typhoid, chikungunya, shigella, salmonella, schistosomiasis, hepatitis E, HPV, COVID-19, and more. IVI developed the world’s first low-cost oral cholera vaccine, pre-qualified by the World Health Organization (WHO) and developed a new-generation typhoid conjugate vaccine that is recently pre-qualified by WHO.
IVI is headquartered in Seoul, Republic of Korea with a Europe Regional Office in Sweden, a Country Office in Austria, and Collaborating Centers in Ghana, Ethiopia, and Madagascar. 39 countries and the WHO are members of IVI, and the governments of the Republic of Korea, Sweden, India, Finland, and Thailand provide state funding. For more information, please visit https://www.ivi.int.
Incidence of typhoid fever in Burkina Faso, Democratic Republic of the Congo, Ethiopia, Ghana, Madagascar, and Nigeria (the Severe Typhoid in Africa programme): a population-based study
We’ve added 60% to national debt since 2018. Germany - a country with major economic woes - added ‘just’ 32%.
Maybe it will never matter. Maybe MMT is real. Maybe we just cancel or inflate it out. Maybe career real estate borrowers or career politicians aren’t the answer.
I have no idea. Only time will tell. But it’s going to be fascinating to watch it play out.
He is right: it will be fascinating, and the latest budget deficit data simply confirmed that the day of reckoning will come very soon, certainly sooner than the two years that One River's Eric Peters predicted this weekend for the coming "US debt sustainability crisis."
According to the US Treasury, in February, the US collected $271 billion in various tax receipts, and spent $567 billion, more than double what it collected.
The two charts below show the divergence in US tax receipts which have flatlined (on a trailing 6M basis) since the covid pandemic in 2020 (with occasional stimmy-driven surges)...
... and spending which is about 50% higher compared to where it was in 2020.
The end result is that in February, the budget deficit rose to $296.3 billion, up 12.9% from a year prior, and the second highest February deficit on record.
And the punchline: on a cumulative basis, the budget deficit in fiscal 2024 which began on October 1, 2023 is now $828 billion, the second largest cumulative deficit through February on record, surpassed only by the peak covid year of 2021.
But wait there's more: because in a world where the US is spending more than twice what it is collecting, the endgame is clear: debt collapse, and while it won't be tomorrow, or the week after, it is coming... and it's also why the US is now selling $1 trillion in debt every 100 days just to keep operating (and absorbing all those millions of illegal immigrants who will keep voting democrat to preserve the socialist system of the US, so beloved by the Soros clan).
... having already surpassed total US defense spending and soon to surpass total health spending and, finally all social security spending, the largest spending category of all, which means that US debt will now rise exponentially higher until the inevitable moment when the US dollar loses its reserve status and it all comes crashing down.
We conclude with another observation by CNBC's Brian Sullivan, who quotes an email by a DC strategist...
.. which lays out the proposed Biden budget as follows:
The budget deficit will growth another $16 TRILLION over next 10 years. Thats *with* the proposed massive tax hikes.
Without them the deficit will grow $19 trillion.
That's why you will hear the "deficit is being reduced by $3 trillion" over the decade.
No family budget or business could exist with this kind of math.
Of course, in the long run, neither can the US... and since neither party will ever cut the spending which everyone by now is so addicted to, the best anyone can do is start planning for the endgame.
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