Today is September 3 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 – Jobs report disappoints — only 235,000 positions added vs. expectations of 720,000
CNBC reports: ob creation for August was a huge disappointment, with the economy adding just 235,000 positions, the Labor Department reported Friday. Economists surveyed by Dow Jones had been looking for 720,000 new hires. The unemployment rate dropped to 5.2% from 5.4%, in line with estimates.
August’s total was the worst since January and comes with heightened fears of the pandemic and the impact that rising Covid cases could have on what has been so far a mostly robust recovery. The weak report could cloud policy for the Federal Reserve, which is weighing whether to pull back on some of the massive stimulus it has been adding since the outbreak in early 2020.
Leisure and hospitality jobs, which had been the primary driver of overall gains at 350,000 per month for the past six months, stalled in August as the unemployment rate in the industry ticked higher to 9.1%.
Instead, professional and business services led gains with 74,000 new positions. Other gainers included transportation and warehousing (53,000), private education (40,000) and manufacturing and other services, which each posted gains of 37,000.
The month saw an increase of about 400,000 in those who said they couldn’t work for pandemic-related reasons, pushing the total up to 5.6 million.
— BLS-Labor Statistics (@BLS_gov) September 3, 2021
DML: Biden will spin this, and claim it’s good news. Just watch.
2 – Swing vote Joe Manchin delivers bad news to Dems eager to jam through massive spending
Fox Business reports: Sen. Joe Manchin told his fellow Democrats to pause the controversial and massive $3.5 trillion spending bill currently being debated in Congress.
“Hit the pause button,” Manchin said Wednesday at an event hosted by the West Virginia Chamber of Commerce. “Let’s sit back. Let’s see what happens. We have so much on our plate. We really have an awful lot. I think that would be the prudent, wise thing to do.”
“I want to be able to take care of our military that can defend us anywhere in the world if it’s called upon. I want to make sure our economy is still robust,” Manchin added. “I want to make sure we’re bringing manufacturing back in opportunities. I don’t want to have debt over our head to where we basically can’t service the debt that we have.”
Manchin, considered a moderate Democrat, then published an op-ed in the Wall Street Journal Thursday afternoon, suggesting Congress should hit the pause button on the Democrats’ $3.5 trillion spending package that would set many parts of Joe Biden’s radical agenda in motion.
“Instead of rushing to spend trillions on new government programs and additional stimulus funding, Congress should hit a strategic pause on the budget-reconciliation legislation,” Manchin declared.
“The nation faces an unprecedented array of challenges and will inevitably encounter additional crises in the future. Yet some in Congress have a strange belief there is an infinite supply of money to deal with any current or future crisis, and that spending trillions upon trillions will have no negative consequence for the future. I disagree,” he wrote.
Instead of rushing to spend trillions on new government programs and additional stimulus funding, Congress should hit a strategic pause on the budget-reconciliation legislation. Read my op-ed in @WSJopinion: https://t.co/hlkIpfwVd8
— Senator Joe Manchin (@Sen_JoeManchin) September 2, 2021
DML: This has sent the Progressives into a tailspin!
3 – Afghans Arriving at U.S. Military Bases to Get $1,250 Payments
Breitbart reports: Afghans arriving in the United States and being temporarily resettled at U.S. military bases will receive one-time payments from the State Department, funded by American taxpayers.
As Breitbart News reported, President Joe Biden’s administration is looking to turn various military bases in Texas, Wisconsin, New Jersey, Virginia, New Mexico, and Indiana into refugee camps that can accommodate about 50,000 Afghans.
Most of all Afghans headed to military bases for temporary resettlement are arriving on “humanitarian parole,” which does not expire for at least two years. These Afghans are not eligible for Special Immigrant Visas (SIVs), P-2 visas, or refugee status.
According to the Washington Post, Afghans arriving at military bases will secure a $1,250 one-time payment provided to them through the State Department and funded by American taxpayers.
NEW: Most Afghan evacuees will arrive to the US as parolees, not refugees, lacking govt support and services beyond 90 days, and a clear path to legal residency.
Resettlement orgs are preparing to aid 50,000+ Afghans, and estimate they’ll need billions $ https://t.co/heVaAsUmwz
— Nick Miroff (@NickMiroff) September 1, 2021
DML: Homeless American citizens would love to have this.
4 – New Zealand police kill ‘terrorist’ after he stabs 6 people
The New York Post reports: New Zealand authorities were so worried about an Islamic extremist they were following him around-the-clock and were able to shoot and kill him within 60 seconds of him unleashing a frenzied knife attack that wounded six people Friday at an Auckland supermarket.
Three of the shoppers were taken to Auckland hospitals in critical condition, police said. Another was in serious condition, while two more were in moderate condition.
Prime Minister Jacinda Ardern said the incident was a terror attack. She said the man was a Sri Lankan national who was inspired by the Islamic State group and was well known to the nation’s security agencies.
The NY Post reports that since the man hadn’t committed any crime, officials had nothing to arrest him for. He first came to New Zealand in 2011, and had been monitored by police since 2016. A police surveillance team and a specialist tactics group had followed him from his home to the supermarket. He appeared to just be grocery shopping as he had done in the past.
“He entered the store, as he had done before. He obtained a knife from within the store,” Coster said. “Surveillance teams were as close as they possibly could be to monitor his activity.”
Coster said that when the commotion started, two police from the special tactics group rushed over. He said the man charged at the officers with the knife and so they shot and killed him.
#BreakingNews : *Stabbing* New Zealand police shot dead a man after he entered an Auckland supermarket and stabbed multiple people, with at least six reported injured#NewZealand #Auckland #Stabbing #Woolworths pic.twitter.com/f4NWgxDevY
— 5 News Australia (@5NewsAustralia) September 3, 2021
Shoppers flee a mall after multiple people stabbed by ‘ISIS-inspired’ knifeman in New Zealand pic.twitter.com/RXjln1jAoS
— The Sun (@TheSun) September 3, 2021
DML: Get ready for this to be a common occurrence in the U.S. as well.
5 – ‘Ambush-style’ attacks on law enforcement more than double compared to same time frame in 2020
Fox News reports: There have been far more than double the number of ambush-style attacks on law enforcement so far this year compared to the same time in 2020, national police union records show.
As of Tuesday, the Fraternal Order of Police (FOP) recorded 67 “ambush-style attacks” on officers year to date, with 83 officers wounded — 20 of them did not survive.
“What we’re witnessing should alarm all Americans: 2021 is on pace to have record levels of officers SHOT and KILLED by gunfire,” the union said in a Wednesday tweet.
The National FOP reports that as of midnight on 31 August, there have been 220 officers shot so far in 2021, 40 were killed by gunfire. There have been 67 ambush-style attacks on law enforcement officers this year (+148% from 2020 YTD).
— National Fraternal Order of Police (FOP) (@GLFOP) September 1, 2021
DML: Thanks to Obama, Biden, and every Dem who has called for defunding the police.
DML’s PARTING WORDS: Your best protection is a healthy immune system! Visit www.DMLcbd.com today!