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Friday, October 14, 2022
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1.
Social Security Payments See Largest Hike Since 1981 Due to Inflation

Washington Examiner: Social Security retirement payments of up to $4,194 will be rolled out to beneficiaries in just six days. The average retiree receives $1,673 per month from Social Security, but those who refrain from retiring until age 70 could be eligible to receive the maximum benefit of $4,194. Payments are slated to be sent out on Oct. 19 for individuals with birthdays between the 11th and 20th of a given month. The bolstered payments for individuals who wait until 70 years old to retire are given because they earn “delayed retirement credits,” per the SSA (Washington Examiner). Bloomberg: It’s the biggest cost-of-living increase since 1981, when there was an 11.3% bump in monthly benefits. On average, Social Security checks will rise by more than $140 a month starting in January. Roughly 70 million Americans, or about 25% of the US population, are Social Security beneficiaries (Bloomberg).

2.
Parkland School Shooter Sentenced Life in Prison Rather Than Death Penalty

ABC: Parkland school shooter Nikolas Cruz has been spared the death penalty and sentenced to life in prison by a Florida jury for carrying out the massacre at Marjory Stoneman Douglas High School that claimed 17 lives. Cruz pleaded guilty last year to 17 counts of first-degree murder and 17 counts of attempted first-degree murder in connection to the Feb. 14, 2018, killing of 14 students and three staff members at his former school. This penalty phase trial was to determine if Cruz would be sentenced to death or life in prison for the massacre he committed at age 19 (ABC). Washington Examiner: There was no trial after Cruz pled guilty, so the court went directly to sentencing. The hearing for the death penalty began in April with jury selection and opening statements in July. During closing arguments on Tuesday, the prosecution argued that Cruz’s actions were calculated and premeditated. “What he wanted to do, what his plan was and what he did, was to murder children at school and their caretakers,” lead prosecutor Michael Satz said. “The appropriate sentence for Nikolas Cruz is the death penalty.” However, the defense said Cruz’s lifetime of struggles in both home and school should prevent him from receiving the death penalty (Washington Examiner).

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3.
Final Consumer Price Index Numbers Before Midterms Do Not Look Good for Democrats

Watching the democrats’ mental gymnastics to spin this ought to be good. Wall Street Journal: U.S. consumer inflation excluding energy and food accelerated to a new four-decade high in September, a sign that strong and broad price pressures are persisting. The Labor Department on Thursday said that its so-called core consumer-price index—which excludes volatile energy and food prices—rose 6.6% in September from a year earlier, the biggest increase since August 1982. The inflation report likely keeps the Federal Reserve on track to increase interest rates by 0.75 percentage point at its meeting next month. It also raises the risk officials will delay an anticipated slowdown in the pace of rate rises after that or signal that they are likely to raise rates to even higher levels early next year than previously anticipated by policy makers and investors (Wall Street Journal). Dagen McDowell: CORE CONSUMER PRICES excluding food and energy SURGING 6.6% from a year ago. A NEW 40-YEAR HIGH FOR CORE INFLATION. INFLATION GETTING HOTTER. NOT COOLER (Twitter). RNC Research: Treasury Secretary Janet Yellen, two days ago: On the economy, “I think the United States is doing very well” (Twitter).

4.
Saudis Claim Biden Asked for Delay in Oil Output Reduction Until After Midterms

Quid Pro Quo? CNBC: The Biden administration asked Saudi Arabia, the de-facto leader of oil producer group OPEC, to delay its decision on oil output by a month, the kingdom said in a statement. The Saudis declined, and in early October OPEC+ — which includes non-OPEC oil exporters like Russia — announced its largest supply cut since 2020, to the tune of 2 million barrels per day starting from November. Notably, the White House’s request would have delayed the decision until after the U.S. midterm elections (CNBC). Daily Wire: If Saudi Arabia’s claim that President Joe Biden sought to delay oil production cuts to boost Democrats’ chances in the upcoming midterms is true, his new pledge to punish the Kingdom sounds like the kind of quid pro quo that got former President Trump impeached (Daily Wire). Ben Shapiro: This looks an awful lot like the president of the United States threatening to remove weaponry from a purported ally unless that ally performs actions that help that president politically in advance of an election. Wasn’t Trump impeached for that (Twitter)?

5.
Jan 6 Committee to Subpoena Trump

CNBC: The House select committee investigating the Jan. 6 Capitol riot plans to vote to subpoena former President Donald Trump during Thursday’s public hearing. The move to subpoena Trump has been under consideration for some time, sources familiar with the committee’s plans told NBC. The planned vote will mark the boldest step yet for the bipartisan panel, which has so far issued more than 100 subpoenas and interviewed more than 1,000 people over the course of its investigation. Trump is thought to be highly unlikely to willingly cooperate with the committee, which he repeatedly decried as a politically motivated witch hunt (CNBC). Axios: Vice Chair Liz Cheney (R-Wyo.) also reminded viewers at the top of the hearing that the committee “may ultimately decide” to make criminal referrals to the Justice Department, adding that the panel’s role isn’t to prosecute but to recommend “reforms” (Axios).

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6.
Russia Strikes Civilian Targets in Ukraine with Kamikaze Drones and Missiles

Associated Press: Ukraine’s allies committed to supplying the country with advanced air defense systems as Russian forces attacked the Kyiv region with kamikaze drones and fired missiles at civilian targets elsewhere Thursday as payback for the bombing of a strategic bridge linking Russia with annexed Crimea. Missile strikes killed at least three people and destroyed an apartment building in the southern city of Mykolaiv, while heavy artillery damaged more than 30 houses, a hospital, a kindergarten and other buildings in Nikopol, a city located across a river from the Russian-occupied Zaporizhzhia Nuclear Power Plant. Russia intensified its bombardment of civilian areas in recent weeks as its military lost ground in multiple occupied regions of Ukraine that President Vladimir Putin illegally claimed as Russian territory. Putin’s supporters urged him to escalate the campaign further to punish the invaded country for the Crimea bridge attack (Associated Press). CBNC: Russian President Vladimir Putin is expected to meet Turkey’s President Erdogan on Thursday. It’s expected that Turkey could formally offer to host peace talks between Russia and the West in a bid to end the war in Ukraine (CNBC).

7.
North Korea Fires Additional Short-Range Ballistic Missiles Into the Sea

Reuters: North Korea fired a short-range ballistic missile into the sea off its east coast on Friday, South Korea’s military said, the latest in a series of launches by the nuclear-armed country. Earlier, South Korea’s military said it scrambled fighter jets when a group of about 10 North Korean military aircraft flew close to the border dividing the two countries, amid heightened tensions over repeated North Korean missiles tests (Reuters). Associated Press: North Korea said Monday that its missile tests in the past two weeks were simulated nuclear attacks on key South Korean and U.S. targets. North Korea said the weapons tests were meant to issue a warning to Seoul and Washington for staging “dangerous” joint naval exercises involving a U.S. aircraft carrier (Associated Press).

8.
Ukraine Continues Advancing into Territory Russia Just Annexed

ABC: The Russian-installed governor of Ukraine’s southern Kherson region proposed residents take their children and leave for safety, in one of the starkest signs yet that Moscow is losing its grip on territory it claims to have annexed. Russia’s TASS news agency reported a first group of civilians fleeing from Kherson was expected to arrive in Russia’s Rostov region (ABC). Insider: Russian troops fleeing Ukraine’s battlefield advances are leaving behind heavy weapons, including modern T-90 tanks Russia counts among its best main battle tanks, and the Ukrainian armed forces are putting them back into the fight, Kyiv’s military said (Insider). ITV: Russia has characterized the movement of Ukrainians to Russia as voluntary but reports have surfaced that many have been forcibly deported from occupied territory, to “filtration camps” where harsh conditions have been reported. Ukrainian forces are pushing their counter-offensive deeper into the southern region, one of four that Russia recently annexed illegally (ITV).

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9.
Woke Superman Comic Canceled Due to Low Sales

National Review: DC Comics is canceling Superman: Son of Kal-El, a book series it launched last year about a bisexual Superman, amid poor sales. The series’ 18th issue, due out in December, will be its final installment. The series saw a 17-year-old Jonathan Kent, the son of Clark Kent and Lois Lane, take on a number of social issues including climate change, school shootings, and the rescue of “undocumented migrants.” The series even featured face coverings in an effort to help mitigate the spread of Covid-19 in fiction (National Review). Washington Examiner: The announcement was made over the weekend during New York Comic Con. According to DC, the 18th issue will be the series’ last. “Superman: Son of Kal-El will end with issue #18, but fans of Jon Kent do not need to worry! Writer Tom Taylor and artist Clayton Henry will be telling new Jon Kent stories in Adventures of Superman: Jon Kent,” said the company in a press release (Washington Examiner).

10.
Charlie Kirk Docuseries Tells of Carnage, Crime on Southern Border

Charlie Kirk: I’ve been down to Nogales, I’ve been down to Yuma multiple times. And I’m always just kind of so disappointed at how the media portrays what’s happening on the border versus what’s actually happening. And even right-wing media gets it mostly right, but there’s a deeper story at play of how the cartel is running this like a business. About how human beings are actually the ones that are being smuggled more than drugs. And all these different kind of layers to the story (Daybreak Daily). Border Battle is being shown exclusively at SalemNow (SalemNow).

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