CURRENT EVENTS

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nycfan said:


Would love to know how the Kennedy Center stuff plays with rank & file MAGA. My instinct is this is the wrong focus and does not help him with his base (even if they cheer something that they assume owns the libs), but I don’t know. 🤷‍♀️ we’re talking about a broadcast that 4-7 million people watch in the last decade …

For non-MAGA this just adds to his golf playing club attending lack of connection to the rest of America. I mean
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In his press conference announcing this year's inductees he rambled on for awhile about how he should have already been a Kennedy Center inductee and that next year he might just make sure that he gets inducted and honored. Maybe that's why he fired the prestigious and respected director and just took it over himself - so he could nominate himself and get an award next year. If he did would it surprise anyone?
 

Trump claims credit for fixing Social Security as it barrels to insolvency​

Many of the president’s claims were misleading and ignored months of turmoil at the embattled agency.

🎁 —> https://wapo.st/3JiqfRC

“… The trust fund will be insolvent by 2033, the program’s trustees said in June, if Congress doesn’t act. And after the passage of Trump’s One Big Beautiful Bill, the chief actuary said the law could hasten Social Security’s insolvency date.

In addition, experts have warned that Trump’s efforts to deport undocumented immigrants — who pay into the system but are barred from receiving benefits — will further deplete the program.

Penn Wharton’s budget model has projected that if the government deports 10 percent of undocumented immigrants annually over the next 10 years, Social Security will lose $133 billion in funds over that period of time.

In his comments Thursday, Trump repeated a baseless claim that immigrants were getting benefits and asserted that nearly 275,000 immigrants were removed from the agency’s rolls. The agency did not provide information about the president’s claims that immigrants were getting benefits, but it said, “SSA updated the Social Security records of about 275,000 individuals no longer holding legal status, ensuring people ineligible to receive benefits are not improperly paid.”…”
 
nycfan said:

Trump claims credit for fixing Social Security as it barrels to insolvency​

Many of the president’s claims were misleading and ignored months of turmoil at the embattled agency.

🎁 —> https://wapo.st/3JiqfRC

“… The trust fund will be insolvent by 2033, the program’s trustees said in June, if Congress doesn’t act. And after the passage of Trump’s One Big Beautiful Bill, the chief actuary said the law could hasten Social Security’s insolvency date.

In addition, experts have warned that Trump’s efforts to deport undocumented immigrants — who pay into the system but are barred from receiving benefits — will further deplete the program.

Penn Wharton’s budget model has projected that if the government deports 10 percent of undocumented immigrants annually over the next 10 years, Social Security will lose $133 billion in funds over that period of time.

In his comments Thursday, Trump repeated a baseless claim that immigrants were getting benefits and asserted that nearly 275,000 immigrants were removed from the agency’s rolls. The agency did not provide information about the president’s claims that immigrants were getting benefits, but it said, “SSA updated the Social Security records of about 275,000 individuals no longer holding legal status, ensuring people ineligible to receive benefits are not improperly paid.”…”
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“… Trump and Bisignano also touted achievements in customer service, specifically claiming recent reductions in wait times for the 1-800 phone line and at field offices as well as the elimination of scheduled maintenance times for the website.

… Advocates have said it is harder to tell what customer service is like since the agency has taken down many of its public-facing performance metrics.

To trumpet the phone performance, the agency has said it reduced the “average speed to answer,” which does not count the time callers wait for a call back, even though the agency rolled out the callback feature last year.

The agency also said it cut wait times at field offices, a statistic repeated by Trump on Thursday.

That is misleading, according Jessica LaPointe, president of Council 220 of the American Federation of Government Employees. After the agency rolled out a new system of assigning appointments to people walking into field offices in December, the time people wait in the lobby of field offices went down because they were no longer getting their issues handled when they showed up.

“Now you wait 20 minutes in the lobby to get to the window and then you’re given an appointment and you are waiting then months to get your business finished, from start to finish,” LaPointe said.…”

What The Wtf GIF by Fluffy Friends
 
Hey nyc, AG Blondi's roots look darker than the rest of her blonde hair. I'm not an expert on the subject, but does this mean she's not a real Blondi?
 
nycfan said:
“… Trump and Bisignano also touted achievements in customer service, specifically claiming recent reductions in wait times for the 1-800 phone line and at field offices as well as the elimination of scheduled maintenance times for the website.

… Advocates have said it is harder to tell what customer service is like since the agency has taken down many of its public-facing performance metrics.

To trumpet the phone performance, the agency has said it reduced the “average speed to answer,” which does not count the time callers wait for a call back, even though the agency rolled out the callback feature last year.

The agency also said it cut wait times at field offices, a statistic repeated by Trump on Thursday.

That is misleading, according Jessica LaPointe, president of Council 220 of the American Federation of Government Employees. After the agency rolled out a new system of assigning appointments to people walking into field offices in December, the time people wait in the lobby of field offices went down because they were no longer getting their issues handled when they showed up.

“Now you wait 20 minutes in the lobby to get to the window and then you’re given an appointment and you are waiting then months to get your business finished, from start to finish,” LaPointe said.…”

What The Wtf GIF by Fluffy Friends
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Republicans want it to go insolvent so they can have an excuse to actually cut it or privatize it. They don't care about trying to fix it.
 
nycfan said:

Trump claims credit for fixing Social Security as it barrels to insolvency​

Many of the president’s claims were misleading and ignored months of turmoil at the embattled agency.

🎁 —> https://wapo.st/3JiqfRC

“… The trust fund will be insolvent by 2033, the program’s trustees said in June, if Congress doesn’t act. And after the passage of Trump’s One Big Beautiful Bill, the chief actuary said the law could hasten Social Security’s insolvency date.

In addition, experts have warned that Trump’s efforts to deport undocumented immigrants — who pay into the system but are barred from receiving benefits — will further deplete the program.

Penn Wharton’s budget model has projected that if the government deports 10 percent of undocumented immigrants annually over the next 10 years, Social Security will lose $133 billion in funds over that period of time.

In his comments Thursday, Trump repeated a baseless claim that immigrants were getting benefits and asserted that nearly 275,000 immigrants were removed from the agency’s rolls. The agency did not provide information about the president’s claims that immigrants were getting benefits, but it said, “SSA updated the Social Security records of about 275,000 individuals no longer holding legal status, ensuring people ineligible to receive benefits are not improperly paid.”…”
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MAGAs here told us that with Trump in charge we had nothing to worry about in regards to social security.
But here he is making a bad situation much worse and then lying about it and saying he is actually fixing it.
How comforting. He can’t even acknowledge there is an issue, so that doesn’t exactly inspire hope, does it?
 


The U.S. Is Discussing Taking a Stake in Intel​

Deal talks follow Trump’s public call for replacement of CEO Lip-Bu Tan over his ties to Chinese businesses​


🎁 —> https://www.wsj.com/tech/us-stake-intel-1ff24500?st=P28TqC&reflink=desktopwebshare_permalink

“… It is unusual, but not unprecedented, for the government to consider taking stakes in companies that aren’t in financial distress. In the first Trump administration, Attorney General William Barr suggested the U.S. take stakes in telecom companies that are rivals to China’s Huawei, though the plan didn’t go forward.

Some industry analysts think Intel might eventually need government assistance if Tan and other executives can’t turn around the business.

“Depending on how it’s structured, such a stake could give the U.S. government influence over and insights into Intel’s activities, especially when it comes to China, in a way that regulations or subsidies likely wouldn’t,” said Mira Ricardel, who served as undersecretary of commerce for industry and security in the first Trump administration.

Analysts have said it could be difficult for Intel to increase its U.S. capital spending given its business challenges. The company’s loss widened to $2.9 billion in the second quarter. Government funding alone also wouldn’t address all of Intel’s problems, which investors say include an outdated business model and a product lineup poorly suited to applications in artificial intelligence.…”
 
nycfan said:


Shocked Jeff Goldblum GIF by First We Feast
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“… The EDPA investigation dovetails with the Eastern District of New York’s inquiry centering on the gambling ring that was involved with former NBA player Jontay Porter, sources say. The EDNY office also is investigating unusual gambling activity on current NBA player Malik Beasley’s performances during the 2023–24 season, according to the player’s attorney, Steve Haney. “An investigation is not a charge,” Haney told SIin June. “He has not been charged.”

SI reported in February that authorities are looking into links between the ring that has been charged in the Porter case and wagering on at least nine college games across the last two seasons. Gambling monitoring services flagged unusual wagers on games involving at least five college teams—and investigators have been prepared for that number to increase. The NCAA also is performing its own investigations of a number of programs, with infractions cases or eligibility inquiries involving players at New Orleans, Eastern Michigan, Mississippi Valley State and Temple. …”
 
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