Today is September 8 and I am Dennis Michael Lynch. Below are my opinions on the stories grabbing headlines this morning. I hope you share this briefing as doing so will make you the smartest person in the room, in my opinion. And don’t forget to download the free DML App from the Google Play or Apple App Store to remain connected to me throughout the day.
1-John Bolton denies claim Trump disparaged fallen American soldiers in France: ‘Simply false’
Former national security adviser John Bolton disputed the main thesis of The Atlantic’s recent report alleging that President Trump disparaged fallen American soldiers in France, calling the claim “simply false” in an appearance on “The Story” Monday.
“According to what that article said, the president made disparaging remarks about soldiers and people buried in the cemetery in connection with the decision for him not to go to the ceremony that was planned that afternoon, and that was simply false,” Bolton said.
The president canceled the planned 2018 trip to the cemetery for American war dead in France because of the weather and not because of disdain for the slain soldiers, Bolton said, contradicting the report from The Atlantic claiming that Trump described the Aisne-Marne American Cemetery as being “filled with losers.”
Even Book Deal John Bolton, who lied about President Trump for money, says the Atlantic story is false:
“I didn’t hear either of those comments or anything even resembling them. I was there,” he says. pic.twitter.com/kQCUjxJRGT
— Trump War Room – Text TRUMP to 88022 (@TrumpWarRoom) September 7, 2020
DML: There has been no president to support our troops and vets more than Trump. Lets move on to the next lie they’ll try.
2-Nasdaq futures plunge 3% following tech’s worst rout since March
Nasdaq futures were set to fall sharply early Tuesday after technology shares suffered their worst sell-off in more than five months.
The Nasdaq-100 futures implied an open drop of about 3%. Futures on the Dow Jones Industrial Average the S&P 500 were slightly in early morning trade.
U.S. markets were closed Monday in observance of Labor Day.
On Friday, stocks snapped a five-week winning streak after a big reversal in major technology stocks last week. Steep losses in Amazon, Apple, Microsoft and Facebook — 2020′s market leaders — drove the tech-heavy Nasdaq Composite down 3.3% to suffer its worst week since March 20. The Dow and the S&P 500 fell 1.8% and 2.3% last week, respectively, posting their biggest weekly losses since June.
Many on Wall Street believe the weakness derived from worries that the massive tech run-up pushed valuations to unsustainable levels.
DML: We have been here before. Just hold on tight. It will come back up.
3-Women Plan All-Black Community in Georgia After ‘400 Years of Racial Oppression’
Two women hope to create an all-black community in central Georgia as a way to deal with “400 years of racial oppression.”
Microsoft News used a “good news” tag for the report, which said that as the United States “continues to confront the toxic legacy of slavery and Jim Crow,” the women want to create “a tight-knit community for our people to just come and breathe”:
They are calling it Freedom, Georgia, and draw their inspiration from Wakanda, the fictional comic-book country that was the setting for the movie “Black Panther.”
Ashley Scott, a realtor from Stonecrest, Georgia, who was driven to seek therapy by her reaction to the shooting death of Ahmaud Arbery, a young Black man jogging in a white neighborhood, said that after several sessions she realized that her problem was 400 years of racial oppression and trauma dating back to the establishment of slavery in North America.
With her friend Renee Walters, an entrepreneur and investor, she founded the Freedom Georgia Initiative, a group of 19 Black families who collectively purchased 96.71 acres of rural land in Toomsboro, a town of a few hundred people in central Georgia, with the intention of developing a self-contained Black community. The space will have small homes for vacation use and will host weddings, retreats and recreational functions, and may eventually evolve into an incorporated, self-sustaining community.
DML: And this is not racist?
4-12-Year-Old Suspended over Toy Gun Seen During Virtual Class
A 12-year-old Colorado Springs seventh grader was suspended after he allegedly lifted a toy gun into view while moving it from one place to another during his virtual class.
KDVR reports that the boy, Isaiah Elliot, was in virtual class August 27, 2020, for Grand Mountain school when an art teacher saw the gun “flash” across the screen.
The teacher told the school principal about seeing the gun, and the principal, in turn, suspended Isaiah and called the El Paso County Sheriff’s Office.
Newsweek reports that Isaiah was suspended for five days over the incident.
DML: This online learning nonsense is out of control. We are dealing with this too. Sit your kids with backs to the wall so that teachers cannot invade your privacy.
5-Coronavirus vaccine developers to jointly pledge safety over speed
Major COVID-19 vaccine developers are to release a joint statement this week vowing to prioritize safety before speed by waiting to seek emergency government approval for the vaccine until human trials show “substantial evidence of safety and efficacy,” according to a report.
Three American pharmaceutical and biotechnology companies – Moderna, Pfizer, and Johnson & Johnson – as well as the French pharmaceutical company Sanofi, are to release the joint statement later this week amid concerns a COVID-19 vaccine is being rushed to market in time for the November U.S. presidential election.
The developers are to promise not to reach out to the federal Food and Drug Administration (FDA) to approve the vaccine, even for emergency use, until certain standards are met.
“We believe this pledge will help ensure public confidence in the COVID-19 vaccines that may ultimately be approved and adherence to the rigorous scientific and regulatory process by which they are evaluated,” a draft of the statement first obtained by the Wall Street Journal on Friday read.
DML: They won’t be sticking that stuff in my body.