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Your First Look at Today's Top Stories
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Thursday, December 8, 2022
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Don't miss The Daybreak Daily — scroll to the bottom of these top news stories
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Investors More Worried About Stagflation Than Inflation
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Daily Wire: Institutional investors are more concerned with stagflation than a recession next year. The investment bank found that 65% of institutions see stagflation, which refers to economic stagnation combined with inflationary pressures, as a more significant threat than a recession. Rising price levels are still seen as the top overall risk for the year ahead; 69% of investors identified inflation as the greatest threat to their portfolios ( Daily Wire). Natixis: Institutional investors recognize that central banks have been ready to respond with rate hikes. But nearly three-quarters (73%) recognize that bankers cannot curb inflation on their own. In the end, six in ten (59%) think recession is inevitable. Asked directly, 54% of institutions believe recession is necessary ( Natixis).
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Oregon Teacher Union Membership Sharply Declines
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National Review: Oregon’s largest teachers’ union says it’s dealing with a membership crisis, with its ranks shrinking dramatically in recent years. Since 2020, the Oregon Education Association lost 1,150 members and the percentage of union-represented teachers who qualified as active members dropped from 85.6 percent to 81.2 percent. Another 600 members have reportedly cut ties since April, bringing union membership to below 80 percent, the organization said. Nearly one in five teachers have left the union in the past two years alone ( National Review). Freedom Foundation: Until 2018, Oregon was one of 23 states without right-to-work protections for government workers, meaning teachers and thousands of other public employees were required to financially support union activities. That changed when the U.S. Supreme Court, in Janus v. AFSCME, affirmed that mandatory union payments violate public employees’ First Amendment rights ( Freedom Foundation).
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Maryland Governor Prohibits TikTok on Government Devices
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CBS: Maryland Gov. Larry Hogan issued an emergency directive to prohibit the use of TikTok, and other China and Russia-based products and platforms for state government officials. The social media platform is now being scrutinized over cybersecurity concerns. Lawanda Carter of Baltimore said her job has done the same. Governor Hogan said in a statement that those platforms present a cybersecurity risk to the state, including “cyber-espionage, surveillance of government entities, and inappropriate collection of sensitive personal information” ( CBS). Reuters: South Dakota Governor Kristi Noem last week signed an executive order barring state employees and contractors from installing or using TikTok on state-owned devices and South Carolina Governor Henry McMaster on Monday asked a state agency to ban TikTok from state government phones and computers ( Reuters).
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Oregon Judge Holds Gun Control Law from Taking Effect
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Washington Examiner: An Oregon state court judge placed a hold on the state’s strict new voter-approved gun control measure late Tuesday, only hours after a federal court judge allowed a ban on the sale and transfer of high-capacity magazines to go into effect. Now, Harney County Judge Robert Raschio’s ruling muddies the waters on the implementation of Measure 114, which was set to go into effect Thursday. Oregon Attorney General Ellen Rosenblum vowed to appeal the matter straight to the state Supreme Court ( Washington Examiner). Ellen Rosenblum: What’s next? We will petition to the Oregon Supreme Court ASAP, seeking to align the result in our state courts with the federal court’s well-reasoned and thoughtful decision ( Twitter). Townhall: Last month, when the measure looked to pass, some members of law enforcement in Oregon said that they would not enforce aspects of it ( Townhall).
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Border Patrol Agent KIA During High-Speed Chase
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He gave his life to protect the country. Daily Wire: A Border Patrol agent was killed in Texas on Wednesday when his ATV crashed during a high-speed pursuit of a group of illegal immigrants. U.S. Border Patrol has not yet confirmed the agent’s identity but noted that he was a father of two children. The report comes one day after President Joe Biden traveled to Arizona, approximately 100 miles from the southern border, but said he would not visit ( Daily Wire). Chief Raul Ortiz: Please see statement on today’s death of a Border Patrol agent assigned to the Rio Grande Valley Sector ( Twitter). John Cooper: Joe Biden, when asked why he won’t visit the border during a visit to Arizona today, says, “Because there’s more important things going on.” Tell that to the Border Patrol ( Twitter).
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AOC Under Investigation from Ethics Committee
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Insider: Democratic Rep. Alexandria Ocasio-Cortez of New York is under investigation by the House Ethics Committee, according to a statement released on Wednesday. The committee said they had received a referral from the Office of Congressional Ethics on June 23 of this year. It was not immediately clear why the congresswoman was under investigation ( Insider).
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Peruvian President Impeached for Attempting Coup
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Wall Street Journal: Peru’s Congress overwhelmingly voted to remove President Pedro Castillo from office on Wednesday, shortly after the Peruvian leader plunged this country into turmoil by announcing he would dissolve the legislature to avoid impeachment. Lawmakers declared Mr. Castillo morally unfit to hold office and Vice President Dina Boluarte assumed the presidency as head of state in the mineral-rich country of 33 million. Mr. Castillo was detained by police after leaving the presidential palace, state media reported. Local press reports said that Mr. Castillo had been trying to make it to the Mexican embassy ( Wall Street Journal). Bloomberg: Congress swore in Boluarte as the new president during a ceremony in Lima while Castillo was detained by police. She’ll be the sixth president of the politically volatile nation since the start of 2018, and the first woman to be head of state ( Bloomberg).
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Congress to Include $10 Billion in Military Aid for Taiwan in Defense Bill
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Washington Times: Congress is poised to significantly boost U.S. security assistance to Taiwan to thwart a potential invasion by China as part of this year’s must-pass defense policy bill. The final text of this year’s $847 billion National Defense Authorization Act provides up to $10 billion in foreign military financing grants to Taipei over the next five years. It also includes provisions that authorize “presidential drawdown authority” to fast-track military aid to Taiwan in a manner similar to U.S. aid for Ukraine ( Washington Times). Reuters: The “Taiwan Enhanced Resilience Act” included in the NDAA authorizes appropriations for military grant assistance for Taiwan up to $2 billion per year from 2023 through 2027, if the U.S. secretary of state certifies that Taiwan increased its defense spending ( Reuters).
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Time Magazine Names President Volodymyr Zelensky “Person of the Year”
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Not surprising. BBC: Time Magazine has named Ukrainian president Volodymyr Zelensky and “the spirit of Ukraine” as its 2022 Person of the Year. The award goes to an event or person deemed to have had the most influence on global events over the past 12 months ( BBC).
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Kirk Cameron Denied Opportunity to Read About Faith, Family in Public Libraries
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Fox News: With a new children’s book out that celebrates family, faith and biblical wisdom, actor-writer-producer Kirk Cameron cannot reach scores of American children or their families in many U.S. cities via the public library system because over 50 public libraries have either outright rejected him or not responded to requests on his behalf. Many of the same libraries that won’t give Cameron a slot, however, are actively offering “drag queen” story hours or similar programs for kids and young people ( Fox News).
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Dennis Prager spells out the nonsense spouted by a California English teacher who says proper grammar is a legacy of white supremacy
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Dennis Prager: I’d like you to hear a high school teacher in Oroville, California. Was it up at TikTok? So, if you are watching my show, you can actually see this fool, another female teacher ruining children and the civilization in which we live. Their stupidity is equaled by their arrogance....
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Hugh Hewitt talks with Alaska senator Dan Sullivan about Biden’s job-killing delay and cancellation of Alaska oil exploration
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Hugh Hewitt: Senator Sullivan, let’s talk now about Alaska and oil drilling. President Biden and his team keep going out and saying there are thousands and thousands of unused permits. Is he actually obstructing oil and gas development in Alaska?
Sen. Dan Sullivan: A hundred and ten percent,...
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Charlie Kirk talks with lawyer and former Vice Chair of the California Republican Party, Harmeet Dhillon, about why she is running to lead the Republican National Committee
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Charlie Kirk: Who do you want to see run the RNC. Do you want more of Ronna? Do you want Lee Zeldin, Mike Lindell, or our guest right now, Harmeet Dhillon? Harmeet, welcome back to the program.
Harmeet Dhillon: Thanks for having me back.
Charlie Kirk: Harmeet, make your case. Why do you want to run...
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Brandon Tatum discusses Elon Musk’s Twitter reveal, exposing evidence of the real collusion and censorship that ran rampant in 2020
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Officer Tatum: I wanna talk about the Twitter files. I don’t know, maybe I could do a better job at like being up to speed on who’s doing what. I don’t know who these people are. I know Elon Musk shared this one guy’s post, and if I had my phone, I’d know his name. But Elon Musk shared...
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Mike Gallagher points out the absurdity of paying black Californians $569 billion for “housing discrimination”
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Mike Gallagher: All right. We gotta brace ourselves for a conversation about a task force in California. They are recommending slavery reparations for black Californians.
Now this task force, it’s a nine-member task force called Reparations Task Force. It was, of course, formed by goofy Gavin...
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Sebastian Gorka connects the dots on a troubling pattern of sexualizing children and celebrating the perverse
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Dr. Sebastian Gorka: What makes human beings human? What makes you sentient or intelligent?
One of the things that’s special about humans is not just our capacity to absorb information. It’s also our unique capacity to see patterns. To recognize when seemingly disparate things are actually...
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Dinesh D’Souza discusses the anti-lockdown demonstrations in China, unfolding to be an important moment in history
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Dinesh D’Souza: We are seeing massive protests break out in China. Not just in one place, but in many places. And there’s every indication that these protests are spreading. The images on social media are incredible because not only do you see large crowds, but you see the bravery of...
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Eric Metaxas talks with Tim Tebow about the football great's new 365-day devotional, "Mission Possible"
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Eric Metaxas: Folks, welcome to the program. I often ask people like, have you won the Heisman Trophy? Some people go, yeah. Then I go, well, have you won it twice? And they go, no. Well, that’s where they and I differ with my current guest. His name is Tim Tebow, and it’s always a joy to have...
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