bonginoreport--2020-09-02--The Payroll Tax Cut Is Now in Effect

The Payroll Tax Cut Is Now in Effect

Here ’ s what you need to know—and what it means for your paycheck .
Trump ’ s payroll tax cut , which he issued through an executive memorandum , has important implications for your paycheck .
Suspension of payroll taxes is one of Trump ’ s top priorities .
When Congress did not include a payroll tax cut in a potential stimulus deal , Trump used executive action on August 8 to introduce a payroll tax holiday .
• This is a temporary payroll tax cut that will last from September 1 , 2020 until December 31 , 2020 @ @ @ @ @ @ @ employees will not have to pay a payroll tax , which is 6.2 % for Social Security .
• The payroll tax cut applies to individual employees who earn less than $ 4,000 , before taxes , during any bi-weekly paycheck period .
This equates to $ 104,000 per year for a salaried employee .
• Employees will not be financially responsible for any penalties or late fees assessed on the amount of the payroll tax that is deferred .
• While the payroll tax holiday is temporary , Trump directed U.S. Treasury @ @ @ @ @ @ @ including through legislation , to forgive the payroll taxes permanently .
• Employers will be responsible to pay the deferred payroll tax between January 1 , 2021 and April 30 , 2021 .
Why ?
The payroll tax ‘ cut ’ is effectively a deferral , which is paid back during the first four months of 2021 .
What the payroll tax cut means for your paycheck Here ’ s what the payroll tax cut means for your paycheck : • Higher Paycheck Now : If you qualify for the payroll tax cut @ @ @ @ @ @ @ the remainder of this calendar year .
This is because payroll tax may not be deducted from your paycheck .
• Lower Paycheck Later : However , your paycheck will be lower from January 1 , 2021 through April 30 , 2021 .
• Your paycheck will be lower during the first four months of 2021 because employers will deduct the payroll tax in the normal course beginning January 1 , 2021 .
Employers also will withhold the payroll tax from September through December 2020 that was deferred through the payroll tax holiday @ @ @ @ @ @ @ on the payroll tax holiday .
However , there is still confusion regarding the payroll tax holiday , which has left many questions unanswered .
No , this is a temporary payroll tax holiday .
Will there be payroll tax forgiveness ?
The payroll tax holiday is a deferral , meaning it is temporary financial relief .
Think of it as an interest-free loan — and the amount of payroll tax that is deferred must be paid back .
This means that the payroll tax will not be “ withheld ” from your @ @ @ @ @ @ @ year , which may result in a higher paycheck for you .
In the first four months of 2021 , your employer will withhold regular payroll taxes and withhold the payroll tax you would have paid from September 1 , 2020 through December 31 , 2020 .
That said , Congress could pass legislation to forgive the payroll tax permanently .
Absent legislation , however , the payroll tax that was not withheld in 2020 must be paid back in 2021 .
How will this payroll tax cut affect my cash flow ?
@ @ @ @ @ @ @ 30 , 2021 , your paycheck will be meaningfully lower .
Why ?
Effectively , you could be paying double payroll tax .
This is because your employer is deducting your normal payroll taxes plus the payroll tax that was deferred on your paycheck for the final four months of 2020 .
This could materially impact your cash flow , particularly if you live paycheck to paycheck .
Since your paycheck would be higher from September 1 , 2020 to December 31 , 2020 , you may want to save your incremental cash @ @ @ @ @ @ @ it during the first four months of 2021 to cover any cash shortfall .
You can also use the incremental income to start , or add to , an emergency fund .
Who does not benefit from this payroll tax cut ?
There are several individuals who may not benefit from this payroll tax cut .
Payroll tax holidays exclude those who are unemployed or retired .
If you are self-employed and don ’ t pay payroll taxes , you also may be unaffected .
If you earn more than $ 4,000 during @ @ @ @ @ @ @ $ 104,000 annually , you would not be impacted by this payroll tax holiday .
What does the payroll tax holiday mean for seasonal workers ?
If you are a seasonal worker or you leave your employer on or before December 31 , 2020 , you may benefit from the temporary payroll tax holiday .
However , it ’ s unclear how you would “ repay ” the payroll tax benefit if you no longer receive a paycheck from your employer .
To avoid any future headaches , you should consult with your @ @ @ @ @ @ @ understand the financial implications of any payroll tax holiday on your paycheck .
Will every employer participate in the payroll tax holiday ?
The payroll tax holiday is not mandatory , so it ’ s possible that your employer may not participate .
There does not appear to be any penalties for non-participation , although this could change .
If an employer does not pay the deferred payroll tax by April 30 , 2021 , an employer could be liable for penalties and late fees .
Pelosi : We are not budging on @ @ @ @ @ @ @ you got a $ 500 stimulus check this week Will you get a second stimulus check in Trump ’ s executive order ?
This second stimulus check would pay the most When will my second stimulus check come ?
Trump : I ’ m ready to take action on stimulus checks , rental assistance New stimulus today : second stimulus checks , unemployment benefits and more Trump : Student loans may be extended for “ additional periods of time ” Trump : Second stimulus checks may be higher than $ 1,200 What the @ @ @ @ @ @ @ loans Stimulus : here are the latest numbers for second stimulus checks and more Second stimulus checks may be less than $ 1,200 Trump wants at least $ 2 trillion for next stimulus

President Donald Trump (Photo by Chip Somodevilla/Getty Images) Getty Images
Updated September 1, 2020
President Donald Trump’s payroll tax holiday starts today.
Here’s what you need to know—and what it means for your paycheck.
Payroll Tax Cut
Trump’s payroll tax cut, which he issued through an executive memorandum, has important implications for your paycheck. Suspension of payroll taxes is one of Trump’s top priorities. When Congress did not include a payroll tax cut in a potential stimulus deal, Trump used executive action on August 8 to introduce a payroll tax holiday.
How the payroll tax cut works
Here’s how the payroll tax cut works:
This is a temporary payroll tax cut that will last from September 1, 2020 until December 31, 2020.
During this period, certain employees will not have to pay a payroll tax, which is 6.2% for Social Security.
The payroll tax cut applies to individual employees who earn less than $4,000, before taxes, during any bi-weekly paycheck period. This equates to $104,000 per year for a salaried employee.
Employees will not be financially responsible for any penalties or late fees assessed on the amount of the payroll tax that is deferred.
While the payroll tax holiday is temporary, Trump directed U.S. Treasury Secretary Steven Mnuchin to explore ways, including through legislation, to forgive the payroll taxes permanently.
Employers will be responsible to pay the deferred payroll tax between January 1, 2021 and April 30, 2021. Why? The payroll tax ‘cut’ is effectively a deferral, which is paid back during the first four months of 2021.
What the payroll tax cut means for your paycheck
Here’s what the payroll tax cut means for your paycheck:
Higher Paycheck Now: If you qualify for the payroll tax cut, your paycheck may be higher for the remainder of this calendar year. This is because payroll tax may not be deducted from your paycheck.
If you qualify for the payroll tax cut, your paycheck may be higher for the remainder of this calendar year. This is because payroll tax may not be deducted from your paycheck. Lower Paycheck Later: However, your paycheck will be lower from January 1, 2021 through April 30, 2021.
However, your paycheck will be lower from January 1, 2021 through April 30, 2021. Your paycheck will be lower during the first four months of 2021 because employers will deduct the payroll tax in the normal course beginning January 1, 2021. Employers also will withhold the payroll tax from September through December 2020 that was deferred through the payroll tax holiday.
Payroll Tax Q&A
The IRS has released some guidance on the payroll tax holiday. However, there is still confusion regarding the payroll tax holiday, which has left many questions unanswered.
Is this payroll tax holiday permanent?
No, this is a temporary payroll tax holiday.
Will there be payroll tax forgiveness?
The payroll tax holiday is a deferral, meaning it is temporary financial relief. Think of it as an interest-free loan — and the amount of payroll tax that is deferred must be paid back. This means that the payroll tax will not be “withheld” from your paycheck for the remainder of this calendar year, which may result in a higher paycheck for you. In the first four months of 2021, your employer will withhold regular payroll taxes and withhold the payroll tax you would have paid from September 1, 2020 through December 31, 2020. That said, Congress could pass legislation to forgive the payroll tax permanently. Absent legislation, however, the payroll tax that was not withheld in 2020 must be paid back in 2021.
How will this payroll tax cut affect my cash flow?
From January 1, 2021 through April 30, 2021, your paycheck will be meaningfully lower. Why? Effectively, you could be paying double payroll tax. This is because your employer is deducting your normal payroll taxes plus the payroll tax that was deferred on your paycheck for the final four months of 2020. This could materially impact your cash flow, particularly if you live paycheck to paycheck. Since your paycheck would be higher from September 1, 2020 to December 31, 2020, you may want to save your incremental cash over the next four months and use it during the first four months of 2021 to cover any cash shortfall. You can also use the incremental income to start, or add to, an emergency fund.
Who does not benefit from this payroll tax cut?
There are several individuals who may not benefit from this payroll tax cut. Payroll tax holidays exclude those who are unemployed or retired. If you are self-employed and don’t pay payroll taxes, you also may be unaffected. If you earn more than $4,000 during a biweekly pay period or more than $104,000 annually, you would not be impacted by this payroll tax holiday.
What does the payroll tax holiday mean for seasonal workers?
If you are a seasonal worker or you leave your employer on or before December 31, 2020, you may benefit from the temporary payroll tax holiday. However, it’s unclear how you would “repay” the payroll tax benefit if you no longer receive a paycheck from your employer. To avoid any future headaches, you should consult with your employer in advance so that you fully understand the financial implications of any payroll tax holiday on your paycheck.
Will every employer participate in the payroll tax holiday?
The payroll tax holiday is not mandatory, so it’s possible that your employer may not participate. There does not appear to be any penalties for non-participation, although this could change. If an employer does not pay the deferred payroll tax by April 30, 2021, an employer could be liable for penalties and late fees.
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bonginoreport--2020-09-02--Biden Flubs the Facts During Otherwise Incoherent Press Conference

Joe Biden finally took questions today after delivering some remarks , before travelling to Kenosha , Wisc .
tomorrow .
Biden appeared to blame Trump supporters in Portland for `` someone shot by someone in the crowd , with a bullet , killed . ''
He was asked if he agreed with running mate Kamala Harris ' statements that the officer who shot Jacob Blake in that city should be charged .
It appears that he said that yes , those officers should be charged , as well as the officers involved in the death of Breonna Taylor .
`` @ @ @ @ @ @ @ system work its way .
I do think there 's a minimum need to be charged , the officers , and as well as Breonna Taylor .
`` And I might add , by the way , I think what happened in Portland , where a , one of the Trump guys riding along in vans inciting response , shooting rubber bullets I guess , or paintballs , apparently there was someone shot by someone in the crowd , with a bullet , killed .
`` I think that person should meet the @ @ @ @ @ @ @ , it should be investigated , and it should follow through on what needs to be done .
Let the judicial system work .
Let 's make sure justice is done . ''
Though the Biden campaign had criticized President Trump 's planned visit to Kenosha , Wisc.
, saying that the city needed time to heal , Biden will be heading there tomorrow for his own campaign stop .
Biden stated that he was the first to call for the Defense Production Act to be put into place early on in the @ @ @ @ @ @ @ of personal protective equipment needed .
On March 29 , Biden told NBC that the Defense Production Act should be enacted to create the necessary PPE , and that this was something he would be `` moving rapidly '' to do .
Trump enacted the Defense Production Act two days before that , on March 27 .
Biden also noted that , as president , and despite being a constitutionalist , he would put pressure on states , cities , and businesses to require people to wear face masks .

Joe Biden finally took questions today after delivering some remarks, before travelling to Kenosha, Wisc. tomorrow. Biden appeared to blame Trump supporters in Portland for "someone shot by someone in the crowd, with a bullet, killed."
He was asked if he agreed with running mate Kamala Harris' statements that the officer who shot Jacob Blake in that city should be charged.
It appears that he said that yes, those officers should be charged, as well as the officers involved in the death of Breonna Taylor.
Joe Biden appears to be blaming Trump supporters for the execution of the Trump supporter in Portland. pic.twitter.com/WyhRSRyzIS — Ian Miles Cheong (@stillgray) September 2, 2020
"I think we should let the judicial system work its way. I do think there's a minimum need to be charged, the officers, and as well as Breonna Taylor.
"And I might add, by the way, I think what happened in Portland, where a, one of the Trump guys riding along in vans inciting response, shooting rubber bullets I guess, or paintballs, apparently there was someone shot by someone in the crowd, with a bullet, killed.
"I think that person should meet the legal requirements of whatever that calls for, it should be investigated, and it should follow through on what needs to be done. Let the judicial system work. Let's make sure justice is done."
Though the Biden campaign had criticized President Trump's planned visit to Kenosha, Wisc., saying that the city needed time to heal, Biden will be heading there tomorrow for his own campaign stop.
Biden copied Pence's convention rhetoric against violence, now Biden is planning to copy Trump's trip to Kenosha (after harshly criticizing Trump for going yesterday). Difficult to ignore the optics of who is leading, who is following. — Mollie (@MZHemingway) September 2, 2020
Biden stated that he was the first to call for the Defense Production Act to be put into place early on in the pandemic, which would generate the amount of personal protective equipment needed. On March 29, Biden told NBC that the Defense Production Act should be enacted to create the necessary PPE, and that this was something he would be "moving rapidly" to do. Trump enacted the Defense Production Act two days before that, on March 27.
Biden also noted that, as president, and despite being a constitutionalist, he would put pressure on states, cities, and businesses to require people to wear face masks.


bonginoreport--2020-09-02--Portland Mayor Welcomed Collaboration With Communist China but Rejects Help From Trump

Portland Mayor Ted Wheeler has collaborated extensively with the Chinese Communist Party , holding meetings with several party officials in both China and Portland to “ deepen ” his city ’ s ties and participating in initiatives spearheaded by entities such as controversial , government-funded propaganda fronts known as Confucius Institutes and China-based Communist Youth Leagues .
While Wheeler rejected President Trump ’ s offer of federal law enforcement , Wheeler has shown no reservation working with the Chinese Communist Party .
From meeting with high-level party members and delegations to visiting China in 2018 , Wheeler ’ s liaising @ @ @ @ @ @ @ the Federal Bureau of Investigation ( FBI ) has been “ actively looking ” into its involvement in riots currently plaguing American cities , is far-reaching and concerning .
Wheeler ’ s Portland , which has become ground zero for radical , Marxist activism , has also seen American lives lost , including Jay Bishop , who appears to have been targeted for supporting President Trump .
In 2017 , San Francisco ’ s Chinese Communist Party Consul General Luo Linquan visited Oregon to extoll the merits of deeper U.S.-China ties and China @ @ @ @ @ @ @ The controversial initiative is viewed by many as the Chinese Communist Party ’ s paramount scheme to extend its economic and political power across the world via debt-inducing loans .
Former Secretary of State Rex Tillerson likened it to “ predatory economics , ” and State Department officials have described it as a “ made in China , made for China ” initiative .
During the trip , however , Luo met with Wheeler who praised “ deepening ” cooperation between U.S. and China and insisted his city was “ willing to strengthen @ @ @ @ @ @ @ China in the future.
” Luo also spoke at Portland ’ s University Club , where he addressed Wheeler ’ s constituents and “ encouraged Oregon enterprises to take their own advantages and actively participate in the construction of the [ Belt and Road ] Initiative.
” In response , the Portland audience “ highly praised the speech ” and vowed to “ promote Oregon ’ s cooperation with China.
” Wheeler also led a 30-person delegation to China in April 2018 to commemorate the 30-year anniversary of Portland ’ s “ sister @ @ @ @ @ @ @ of Suzhou .
“ Contingents from the City of Portland government ” also attended the trip .
While visiting , Wheeler participated in a publicity stunt promoted by Chinese state media where he planted a commemorative tree alongside Suzhou Mayor and Chinese Communist Party apparatchik Li Yaping .
Wheeler shared the video to his social media platforms : The trip sought to bolster Portland ’ s ties to the Chinese Communist Party , even bringing the state-run Suzhou Museum and Portland Art Museum to sign a memorandum of understanding to cementing a “ @ @ @ @ @ @ @ of the same year , a delegation of Chinese Communist Party apparatchiks visited Portland to plant a rose bush and a tree to symbolize the friendship between the two cities .
State-run media outlet Suzhou Daily , which prior to Wheeler ’ s tenure had embarked on a media delegation which toured The Oregonian , organized an art contest “ to highlight Suzhou ’ s progress in the past 40 years , ” with the top submissions from Chinese citizens being displayed in Portland ’ s City Hall , where Wheeler ’ s @ @ @ @ @ @ @ deep Communist roots : it occurred “ under the guidance ” of Jiangsu Provincial Committee of the Communist Party of China and was organized by entities including the Communist Youth League Suzhou Municipal Committee .
Despite this , Wheeler addressed the opening ceremony for the exhibit and hand-signed congratulatory letters for each participant .
Throughout Wheeler ’ s joint efforts with the Chinese Communist Party , he has repeatedly associated with Confucius Institutes .
These controversial programs bankrolled by the Chinese government masquerade as language learning initiatives but are on the Federal Bureau @ @ @ @ @ @ @ radar for intellectual property theft , espionage , and propaganda .
High-level CCP apparatchiks have even described the institutes as “ an “ important part of China ’ s overseas propaganda set-up.
” The Confucius Institute at Portland State University , however , has sponsored concerts and galas at which Wheeler has attended , and , in multiple cases , spoke .
For example , in September 2017 , Wheeler spoke at a gala honoring a delegation of visiting Chinese Communist Party officials , where a Portland-based Confucius Institute received an award for @ @ @ @ @ @ @ more , at the gala , the Director of Suzhou Foreign Affairs Office was granted the status of “ Honorary Citizen of Portland.
” In Wheeler ’ s Portland it ’ s clear : the Chinese Communist Party is more welcome than President Trump and his supporters .

EXCLUSIVE: Portland Mayor Ted Wheeler Welcomed Collaboration With Totalitarian, Communist China But Declined Trump Support for His City
Portland Mayor Ted Wheeler has collaborated extensively with the Chinese Communist Party, holding meetings with several party officials in both China and Portland to “deepen” his city’s ties and participating in initiatives spearheaded by entities such as controversial, government-funded propaganda fronts known as Confucius Institutes and China-based Communist Youth Leagues.
While Wheeler rejected President Trump’s offer of federal law enforcement, Wheeler has shown no reservation working with the Chinese Communist Party.
From meeting with high-level party members and delegations to visiting China in 2018, Wheeler’s liaising with the Chinese Communist Party, which the Federal Bureau of Investigation (FBI) has been “actively looking” into its involvement in riots currently plaguing American cities, is far-reaching and concerning.
Wheeler’s Portland, which has become ground zero for radical, Marxist activism, has also seen American lives lost, including Jay Bishop, who appears to have been targeted for supporting President Trump.
BELT AND ROAD.
In 2017, San Francisco’s Chinese Communist Party Consul General Luo Linquan visited Oregon to extoll the merits of deeper U.S.-China ties and China’s Belt and Road initiative. The controversial initiative is viewed by many as the Chinese Communist Party’s paramount scheme to extend its economic and political power across the world via debt-inducing loans.
Former Secretary of State Rex Tillerson likened it to “predatory economics,” and State Department officials have described it as a “made in China, made for China” initiative.
During the trip, however, Luo met with Wheeler who praised “deepening” cooperation between U.S. and China and insisted his city was “willing to strengthen the ties of communication and exchanges with China in the future.”
Luo also spoke at Portland’s University Club, where he addressed Wheeler’s constituents and “encouraged Oregon enterprises to take their own advantages and actively participate in the construction of the [Belt and Road] Initiative.”
In response, the Portland audience “highly praised the speech” and vowed to “promote Oregon’s cooperation with China.”
USEFUL IDIOT.
Wheeler also led a 30-person delegation to China in April 2018 to commemorate the 30-year anniversary of Portland’s “sister city” relationship with the Chinese city of Suzhou. “Contingents from the City of Portland government” also attended the trip.
While visiting, Wheeler participated in a publicity stunt promoted by Chinese state media where he planted a commemorative tree alongside Suzhou Mayor and Chinese Communist Party apparatchik Li Yaping.
Wheeler shared the video to his social media platforms:
Mayor Wheeler and Mayor Li Yaping of Suzhou, China planted a friendship tree this week, as well as signed a proclamation, commemorating Portland’s 30-year anniversary with our sister-city and committing ourselves to further collaboration in the future. pic.twitter.com/dFDJIw9Sy2 — Mayor Ted Wheeler (@tedwheeler) April 26, 2018
The trip sought to bolster Portland’s ties to the Chinese Communist Party, even bringing the state-run Suzhou Museum and Portland Art Museum to sign a memorandum of understanding to cementing a “sister museum relationship.”
And in July of the same year, a delegation of Chinese Communist Party apparatchiks visited Portland to plant a rose bush and a tree to symbolize the friendship between the two cities.
State-run media outlet Suzhou Daily, which prior to Wheeler’s tenure had embarked on a media delegation which toured The Oregonian, organized an art contest “to highlight Suzhou’s progress in the past 40 years,” with the top submissions from Chinese citizens being displayed in Portland’s City Hall, where Wheeler’s office is located.
The initiative had deep Communist roots: it occurred “under the guidance” of Jiangsu Provincial Committee of the Communist Party of China and was organized by entities including the Communist Youth League Suzhou Municipal Committee.
Despite this, Wheeler addressed the opening ceremony for the exhibit and hand-signed congratulatory letters for each participant.
PARTY PROPAGANDIST.
Throughout Wheeler’s joint efforts with the Chinese Communist Party, he has repeatedly associated with Confucius Institutes. These controversial programs bankrolled by the Chinese government masquerade as language learning initiatives but are on the Federal Bureau of Investigation’s (FBI) radar for intellectual property theft, espionage, and propaganda.
High-level CCP apparatchiks have even described the institutes as “an “important part of China’s overseas propaganda set-up.”
The Confucius Institute at Portland State University, however, has sponsored concerts and galas at which Wheeler has attended, and, in multiple cases, spoke.
For example, in September 2017, Wheeler spoke at a gala honoring a delegation of visiting Chinese Communist Party officials, where a Portland-based Confucius Institute received an award for its educational contributions. What’s more, at the gala, the Director of Suzhou Foreign Affairs Office was granted the status of “Honorary Citizen of Portland.”
In Wheeler’s Portland it’s clear: the Chinese Communist Party is more welcome than President Trump and his supporters.


bonginoreport--2020-09-02--S&P 500 and NASDAQ Hit Record Highs

S&P 500 and NASDAQ Hit Record Highs

Stocks rose sharply on Wednesday , continuing a strong start to September for the market as traders took profits out of high-flying names like Apple and Tesla and snapped up shares in more beaten-down parts of the market .
The Dow Jones Industrial Average advanced 454.84 points , or 1.6 % , to close at 29,100.50 .
It was the Dow 's first close above 29,000 since February .
The S & P 500 gained 1.5 % to end the day at 3,580.84 while the Nasdaq Composite was higher by 1 % at 12,056.44 .
Both the S & P @ @ @ @ @ @ @ with the Nasdaq topping 12,000 for the first time .
The Dow also posted its biggest one-day move since July 14 .
The S & P 500 had its best day since July 6 .
Coca-Cola rose more than 4 % along with Dow Inc to lead the 30-stock average higher .
IBM jumped more than 3 % .
However , those stocks are still down year to date .
Apple and Tesla slid 2.1 % and 5.8 % , respectively , giving back some of their recent sharp gains .
The iShares @ @ @ @ @ @ @ rose 1.6 % to outperform its growth counterpart .
Mike Bailey , director of research at FBB Capital Partners , pointed out that semiconductor stocks were outperforming software names in another sign of a market rotation taking place .
The iShares Expanded Tech-Software ETF ( IGV ) traded 0.5 % higher while the VanEck Vectors Semiconductor ETF ( SMH ) popped more than 2 % .
`` We 're seeing buyers perhaps looking for a little bit more durable growth , but not wanting to pay the kinds of crazy tech valuations that @ @ @ @ @ @ @ .
Wall Street was coming off a banner session in which the S & P 500 logged its best first trading day of September since 2010 , according to Bespoke Investment Group .
Morgan Stanley Chief U.S. Equity Strategist Mike Wilson said Tuesday on `` Closing Bell '' that he was still optimistic about the market long-term but that weakness in the weeks ahead was on the table after such a strong rally .
`` I remain very constructive over the next 12 months , '' Wilson said .
`` I think we @ @ @ @ @ @ @ 's impossible to try to time these types of corrections , '' Wilson said .
`` It would not surprise me if we got a 10 % correction , but it would n't be surprising if we did n't , either .
We 're in a bull market . ''

Stocks rose sharply on Wednesday, continuing a strong start to September for the market as traders took profits out of high-flying names like Apple and Tesla and snapped up shares in more beaten-down parts of the market.
The Dow Jones Industrial Average advanced 454.84 points, or 1.6%, to close at 29,100.50. It was the Dow's first close above 29,000 since February. The S&P 500 gained 1.5% to end the day at 3,580.84 while the Nasdaq Composite was higher by 1% at 12,056.44.
Both the S&P 500 and Nasdaq hit record highs, with the Nasdaq topping 12,000 for the first time. The Dow also posted its biggest one-day move since July 14. The S&P 500 had its best day since July 6.
Coca-Cola rose more than 4% along with Dow Inc to lead the 30-stock average higher. IBM jumped more than 3%. However, those stocks are still down year to date. Apple and Tesla slid 2.1% and 5.8%, respectively, giving back some of their recent sharp gains. The iShares Russell 1000 Value ETF (IWD) rose 1.6% to outperform its growth counterpart.
Mike Bailey, director of research at FBB Capital Partners, pointed out that semiconductor stocks were outperforming software names in another sign of a market rotation taking place. The iShares Expanded Tech-Software ETF (IGV) traded 0.5% higher while the VanEck Vectors Semiconductor ETF (SMH) popped more than 2%.
"We're seeing buyers perhaps looking for a little bit more durable growth, but not wanting to pay the kinds of crazy tech valuations that are out there," said Bailey.
Wall Street was coming off a banner session in which the S&P 500 logged its best first trading day of September since 2010, according to Bespoke Investment Group.
Morgan Stanley Chief U.S. Equity Strategist Mike Wilson said Tuesday on "Closing Bell" that he was still optimistic about the market long-term but that weakness in the weeks ahead was on the table after such a strong rally.
"I remain very constructive over the next 12 months," Wilson said. "I think we're a little bit overcooked ... It's impossible to try to time these types of corrections," Wilson said. "It would not surprise me if we got a 10% correction, but it wouldn't be surprising if we didn't, either. We're in a bull market."


bonginoreport--2020-09-02--NFL Will Place SJW-Themed Messages In End Zones

The National Football League announced Tuesday that it would allow the stenciling of social justice messages on the field during the 2020 season .
During a conference call with reporters , the league ‘ s commissioner Roger Goodell said that the messages “ End racism ” and “ It takes all of us ” would be stenciled in the end zones of every football stadium across the country in time for this year ’ s season , per ProFootballTalk.com .
( RELATED : David Hookstead Is The True King In The North When It Comes To College Football ) “ @ @ @ @ @ @ @ , the players , clubs and fans confronting systemic racism , ” Goodell explained , per the outlet .
“ We will not relent in our work.
” ( RELATED : Broncos Head Coach Vic Fangio Says He Doesn ’ t ‘ See Racism At All In The NFL ’ ) The decision by the NFL follows similar ones by the NBA and MLB , per Radio.com .
The move comes following the death of George Floyd , the man who died while in custody of a Minneapolis police officer earlier this year @ @ @ @ @ @ @ riots .

The National Football League announced Tuesday that it would allow the stenciling of social justice messages on the field during the 2020 season.
During a conference call with reporters, the league‘s commissioner Roger Goodell said that the messages “End racism” and “It takes all of us” would be stenciled in the end zones of every football stadium across the country in time for this year’s season, per ProFootballTalk.com. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football)
NFL will write “End racism” and “It takes all of us” in end zones https://t.co/4un7tZ8vKF — ProFootballTalk (@ProFootballTalk) September 1, 2020
“The NFL stands with the black community, the players, clubs and fans confronting systemic racism,” Goodell explained, per the outlet. “We will not relent in our work.” (RELATED: Broncos Head Coach Vic Fangio Says He Doesn’t ‘See Racism At All In The NFL’)
The decision by the NFL follows similar ones by the NBA and MLB, per Radio.com.
All of the courts at the NBA’s bubble facility in Orlando, Florida, were emblazoned with all-caps Black Lives Matter. Similarly, baseball pitching mounds bore the letters “BLM” in black stenciling beneath the MLB logo for the league’s opening weekend in late July.
The move comes following the death of George Floyd, the man who died while in custody of a Minneapolis police officer earlier this year and prompted months of ongoing protests and riots.


bonginoreport--2020-09-02--Calls for Permanently Defunding NPR Grow

Public funding for National Public Radio was under fire on Tuesday after the network posted an inflammatory tweet with verifiably false information about President Trump 's comments regarding a shooting in Kenosha , Wisconsin .
`` President Trump declined to condemn the actions of the suspected 17-year-old shooter of 3 protesters against police brutality in Kenosha — claiming , without evidence , that it appeared the gunman was acting in self-defense , '' the tweet said on Monday evening .
The tweet was referencing Kyle Rittenhouse , 17 , who has been charged with multiple crimes including first-degree intentional homicide @ @ @ @ @ @ @ Wisconsin last week .
Rittenhouse is seen in the video with a rifle , being confronted by alleged members of Antifa .
What transpired led to three rioters being shot , two of them fatally .
The surviving shooting victim , who suffered a wound to the arm , has been seen in several photos with a handgun during the incident .
Law enforcement in Kenosha has confirmed that they are still investigating details of the incident to get a clearer picture of what happened , and who the aggressors were in the @ @ @ @ @ @ @ the radio network in their Tuesday tweet , titled `` Trump Defends Kenosha Shooting Suspect , '' almost immediately debunked their own lede by admitting that there was public video of the incident that sparked debate over whether the teen acted in self-defense .
So , despite their claim that Trump spoke skeptically `` without evidence , '' there is readily available evidence that they even admitted led to some doubt in the teen 's guilt .
Graphic video from the chaotic scene only tell a partial story .
The shooter 's alleged @ @ @ @ @ @ @ , with Republicans painting Rittenhouse as sort of tragic figure — a martyred patriot whose extreme actions were born of Democrat failures to quell violence on their streets .
Democrats , meanwhile , have taken a dimmer view of the situation , pointing to the president 's increasingly divisive rhetoric and past endorsements of violence against protesters , as evidence of a clear message to renegade gun owners to feel that they can act with impunity in the name of `` law and order . ''
The claim made by NPR and subsequent @ @ @ @ @ @ @ view that condemns an accused man echoes their support of a book written by a transgender , pro-rioting activist titled , `` In Defense of Looting . ''
NPR published a glowing review of the book .
NPR is funded partially by the government via grants from the Department of Education and the Department of Commerce .
The president has advocated for the elimination of all public funding for broadcasting , including PBS , on multiple occasions in budget proposals throughout his presidency .
But many have the president 's back , as @ @ @ @ @ @ @ the left and now consistently publishes and shares falsehoods while advocation for radical leftism .

Public funding for National Public Radio was under fire on Tuesday after the network posted an inflammatory tweet with verifiably false information about President Trump's comments regarding a shooting in Kenosha, Wisconsin.
"President Trump declined to condemn the actions of the suspected 17-year-old shooter of 3 protesters against police brutality in Kenosha — claiming, without evidence, that it appeared the gunman was acting in self-defense," the tweet said on Monday evening.
President Trump declined to condemn the actions of the suspected 17-year-old shooter of 3 protesters against police brutality in Kenosha — claiming, without evidence, that it appeared the gunman was acting in self-defense.https://t.co/a7LnGABckN — NPR (@NPR) September 1, 2020
The tweet was referencing Kyle Rittenhouse, 17, who has been charged with multiple crimes including first-degree intentional homicide following a shooting incident in Kenosha, Wisconsin last week. Rittenhouse is seen in the video with a rifle, being confronted by alleged members of Antifa. What transpired led to three rioters being shot, two of them fatally. The surviving shooting victim, who suffered a wound to the arm, has been seen in several photos with a handgun during the incident.
Law enforcement in Kenosha has confirmed that they are still investigating details of the incident to get a clearer picture of what happened, and who the aggressors were in the deadly incident.
The report linked by the radio network in their Tuesday tweet, titled "Trump Defends Kenosha Shooting Suspect," almost immediately debunked their own lede by admitting that there was public video of the incident that sparked debate over whether the teen acted in self-defense.
So, despite their claim that Trump spoke skeptically "without evidence," there is readily available evidence that they even admitted led to some doubt in the teen's guilt.
Graphic video from the chaotic scene only tell a partial story. The shooter's alleged actions have split onlookers on party lines, with Republicans painting Rittenhouse as sort of tragic figure — a martyred patriot whose extreme actions were born of Democrat failures to quell violence on their streets. Democrats, meanwhile, have taken a dimmer view of the situation, pointing to the president's increasingly divisive rhetoric and past endorsements of violence against protesters, as evidence of a clear message to renegade gun owners to feel that they can act with impunity in the name of "law and order."
The claim made by NPR and subsequent defense of the extreme left-wing point of view that condemns an accused man echoes their support of a book written by a transgender, pro-rioting activist titled, "In Defense of Looting." NPR published a glowing review of the book.
NPR is funded partially by the government via grants from the Department of Education and the Department of Commerce. The president has advocated for the elimination of all public funding for broadcasting, including PBS, on multiple occasions in budget proposals throughout his presidency.
But many have the president's back, as NPR has shifted further and further to the left and now consistently publishes and shares falsehoods while advocation for radical leftism.
There is no legitimate argument for @NPR to exist as a taxpayer-funded entity. It is ridiculously leftist and biased against the right. #DefundNPR https://t.co/bqwyR4QqEv — Dan Gainor (@dangainor) September 1, 2020
"To compel a man to furnish contributions of money for the propagations of opinions which he disbelieves and abhors, is sinful and tyrannical.” -Thomas Jefferson #DefundNPR — Kristin B. Tate (@KristinBTate) September 1, 2020
.@NPR pushes out misinformation. NPR is a radical leftist organization funded with your tax dollars. #DefundNPR https://t.co/9jRyKhYmmv — Tom Fitton (@TomFitton) September 1, 2020


bonginoreport--2020-09-03--Kamala Headlines Fundraiser Hosted by Hollywood Producer Who Once Said She’s “Tiresome”

Kamala Harris is headlining a Thursday afternoon fundraiser cohosted by a Hollywood producer who has disparaged Republican women as `` twats '' and argued that Harris herself was `` tiresome '' and needed to `` grow a pair . ''
Doug Prochilo , who gave at least $ 100,000 to cohost the Biden campaign 's virtual fundraiser , routinely calls female Republicans `` twats . ''
He described former White House press secretary Sarah Huckabee Sanders as an `` amoral , demented twat , '' current press secretary Kayleigh McEnany as `` an insane twat , '' and Rep. Liz @ @ @ @ @ @ @ as a `` lying , ignorant twat . ''
In 2018 , he referred to Maine Sen. Susan Collins and two of her Republican colleagues as `` uptight old twats . ''
In May 2018 , Prochilo also slammed Harris , who will be the main speaker at Thursday 's event , calling on her to `` grow a pair '' and quit her `` tiresome '' campaign for president .
Prochilo 's most recent attack on Republican women was directed at Melania Trump on the Fourth of July .
Prochilo called the @ @ @ @ @ @ @ '' in response to her well wishes for the holiday .
The Biden campaign did not respond to a request for comment .
After publication of this article , Prochilo protected his Twitter account—screenshots of Prochilo 's remarks were captured by the Free Beacon .
The fundraiser will feature big Hollywood names such as J.J. Abrams , Lee Daniels , and Ryan Murphy alongside Harris and a slew of others from the entertainment industry .
To be a cohost for the Biden Victory fundraiser , individuals must donate $ 100,000 .
Ticket prices @ @ @ @ @ @ @ cap at $ 500,000 .
Prochilo is married to Netflix vice president Bela Bajaria , who runs content acquisition for the streaming giant .
Bajaria is also listed as a cohost for the Biden fundraiser .
Prochilo 's Hollywood writing credits include just three productions , all from 2005 , most notably for a single episode of Ghost Whisperer starring Jennifer Love Hewitt .
He also produced an episode of the TV series That 's Life in 2000 .
UPDATE 7:22 p.m. : This article was updated to reflect that Prochilo protected his @ @ @

Kamala Harris is headlining a Thursday afternoon fundraiser cohosted by a Hollywood producer who has disparaged Republican women as "twats" and argued that Harris herself was "tiresome" and needed to "grow a pair."
Doug Prochilo, who gave at least $100,000 to cohost the Biden campaign's virtual fundraiser, routinely calls female Republicans "twats." He described former White House press secretary Sarah Huckabee Sanders as an "amoral, demented twat," current press secretary Kayleigh McEnany as "an insane twat," and Rep. Liz Cheney (R., Wy.) as a "lying, ignorant twat." In 2018, he referred to Maine Sen. Susan Collins and two of her Republican colleagues as "uptight old twats."
In May 2018, Prochilo also slammed Harris, who will be the main speaker at Thursday's event, calling on her to "grow a pair" and quit her "tiresome" campaign for president.
Prochilo's most recent attack on Republican women was directed at Melania Trump on the Fourth of July. Prochilo called the First Lady an "illegal immigrant criminal" in response to her well wishes for the holiday.
The Biden campaign did not respond to a request for comment. Immediately after publication of this article, Prochilo protected his Twitter account—screenshots of Prochilo's remarks were captured by the Free Beacon. By Friday morning, his account had been deleted entirely.
The fundraiser will feature big Hollywood names such as J.J. Abrams, Lee Daniels, and Ryan Murphy alongside Harris and a slew of others from the entertainment industry. To be a cohost for the Biden Victory fundraiser, individuals must donate $100,000. Ticket prices start at $10,000 per person and cap at $500,000.
The Trump campaign called on Friday afternoon for Biden to return money received from Prochilo.
"Joe Biden and the hypocrites in the Democrat Party are all about the #MeToo movement, until it’s no longer politically advantageous," said Katrina Pierson, a senior adviser to the campaign. "The latest proof is Biden welcoming a Hollywood producer known for posting vile and demeaning sentiments against women to cohost his fundraiser."
"If Joe Biden really was the man of character he claims to be, he would return this donation and condemn the disgraceful comments from his supporter," Pierson said.
Prochilo is married to Netflix vice president Bela Bajaria, who runs content acquisition for the streaming giant. Bajaria is also listed as a cohost for the Biden fundraiser.
Prochilo's Hollywood writing credits include just three productions, all from 2005, most notably for a single episode of Ghost Whisperer starring Jennifer Love Hewitt. He also produced an episode of the TV series That's Life in 2000.
UPDATE, Friday, Sept. 4, 11:14 a.m.: This article was updated to reflect that Prochilo deleted Twitter account.
UPDATE, Friday, Sept. 4, 4:08 p.m.: This article was updated with comment from the Trump campaign.


bonginoreport--2020-09-03--Hamas and Palestinian Islamic Jihad Meet in Beruit

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bonginoreport--2020-09-03--Col. Richard Kemp: A Great Step Forward for World Peace – and Who Seems Determined to Ignore It

This week , we witnessed a symbol of perhaps the greatest step forward in world peace for decades .
The first-ever direct passenger flight from Israel to the United Arab Emirates flew down the length of Saudi Arabia 's airspace .
After Egypt in 1979 and Jordan in 1994 , the UAE has become the third Arab state to normalise relations with the State of Israel under the new Abraham Accord .
Next month , the 2020 Nobel Peace Prize winner will be announced in Oslo .
Will it go to the architects of the Abraham Accord , a momentous @ @ @ @ @ @ @ major development in a regional geopolitical realignment that is not only good for peace and prosperity in the Middle East but in the world ?
We knew what the answer would be to that question even before it arose .
( Those who point out the deadline for 2020 nominations has passed need not expect to see it in 2021 either . )
Mohammed bin Zayed Al Nahyan , Crown Prince of Abu Dhabi , might well have caught the eye of the Nobel selectors , but unfortunately his partners in this enterprise @ @ @ @ @ @ @ Israeli Prime Minister Benjamin Netanyahu .
Both are despised figures for the wokerati in Oslo and the fellow travellers they are desperate to impress .
Compared to the perceptions of these leaders among the hard left who dominate all discourse on `` peace '' , their achievements on the world stage are irrelevant .
Their fingerprints on the Abraham Accord ensured it also received a cool reception in much of the US and international media and in the chancelleries of Europe — more closely aligned with the hostile and backward-looking regimes of Iran @ @ @ @ @ @ @ who actually strive for peace and progress and human rights in the Middle East ; `` the men in the arena '' , to borrow from former US President Theodore Roosevelt .
Yet , the developing relationship between Israel and the UAE is at least as significant as the peace treaty between Israel and Egypt that deservedly led to Nobel Peace Prizes for Menachem Begin and Anwar Sadat .
It paves the way for further leaps forward , with potential for similar normalisation between Israel and other countries in the region such as @ @ @ @ @ @ @ and even Saudi Arabia .
The UAE would not have acted without Saudis ' blessing .
Although publicly understated , the opinion in Riyadh is clear .
Some months ago , in talks with leaders there as part of a delegation from former Canadian Prime Minister Stephen Harper 's Friends of Israel Initiative , together with their Executive Director and former Spanish National Security Adviser Rafael Bardaji , I heard firsthand how open the Saudis were to the prospect of embracing Israel in the future .
Behind the shifting geopolitical sands in the @ @ @ @ @ @ @ for trade and technology become both clearer and , for the Gulf states , more acutely needed .
Of far greater significance , however , is the looming threat to the region from Iran and , to a lesser extent , Turkey .
Most Arab countries see common interests with Israel in the face of the mullahs in Tehran with their imperial aggression in Lebanon , Syria , Iraq , Yemen and beyond , coupled with insatiable nuclear ambition .
Former US President Barack Obama unwittingly helped bring about the growing closeness between @ @ @ @ @ @ @ to transfer hegemony in the Middle East to Iran , most frighteningly by his deeply flawed nuclear deal — the JCPOA — that opened the door wide to a nuclear-armed theocratic dictatorship .
In the process , he released vast funds to Tehran that helped finance their proxy terrorism across the region .
It is more than probable that the hapless Nobel committee would have awarded President Obama a Peace Prize for the JCPOA had they not already fallen over themselves to bestow it on him as soon as he became president in @ @ @ @ @ @ @ was as much about denigrating former President George W Bush as it was about honouring its recipient .
Notwithstanding the economic , technological and security imperatives that lie behind the evolving Middle East relationships , great credit must go to the men behind the Abraham Accord .
Effective peace-making , especially in the context of such long-running hostility , demands vision , boldness and above all courage .
Let us not forget the bloody end of two of the Middle East leaders who risked all for peace — Anwar Sadat and his fellow @ @ @ @ @ @ @ Mohammed bin Zayed is in a different situation to Sadat , as is Benjamin Netanyahu to Rabin , but nevertheless both know only too well that such actions carry with them serious risks to themselves personally and to their nations .
Prime Minister Netanyahu has long pursued a bold strategy aimed at achieving closer relationships across the region .
Among many other under-the-radar efforts by his officials and him , Netanyahu and Yossi Cohen , head of Mossad , reportedly met Mohammed bin Zayed in secret in Abu Dhabi in 2018 .
One @ @ @ @ @ @ @ Accord is Israel 's agreement to put on ice its plans to apply lawful Israeli sovereignty to 30 % of Judea and Samaria .
Without that sovereignty plan being floated , which itself required courage and represented historic change for the State of Israel , it is unlikely the current deal would have been achieved .
For Netanyahu to agree to its suspension demanded the courage to risk significant political capital at a precarious moment .
The sovereignty plan itself arose from President Trump 's `` Peace to Prosperity '' initiative , which @ @ @ @ @ @ @ conflict .
Decades of peace-processing according to long-held conventional wisdoms had led nowhere .
I discussed the Peace to Prosperity proposal with some of its architects right at the start , when it was clear that they hoped to actuate exactly the situation that is now unfolding .
They knew that failure of past peace plans had been due above all to handing the Palestinian Arab leadership a veto over all progress .
Whatever they said publicly or to negotiators , successive Palestinian leaders had no intention of arriving at any conclusion that @ @ @ @ @ @ @ Middle East .
They did not want a two-state solution if one of those states was run by Jews ; hence they refused to compromise and would only reject and disrupt .
The Trump initiative envisaged an Israel more closely united with the Arab world in order to impel the Palestinians into a future accommodation .
This vision may not actually be realised in the long-term but it has a better chance of success than repeatedly doing the same thing over and over again and expecting a different outcome .
Self-evidently , advancing @ @ @ @ @ @ @ President Trump and the US , as well as Israel and the other countries involved , but it also holds out the prospect of great rewards in both peace and prosperity .
European leaders and many in the US were lukewarm : they simply did not understand what Trump and his team did understand — the intrinsic paradox of international strategy .
As the historian Edward N Luttwak put it in his masterwork , Strategy , The Logic of War and Peace : `` The entire realm of strategy is pervaded by a @ @ @ @ @ @ @ against the ordinary linear logic by which we live in all other spheres of life '' .
The Europeans and other opponents of Trump 's plan mostly failed to recognise that the linear logic with which they were comfortable could result only in endless conflict ; and many who did lacked the courage to embrace the strategic paradox with all its inherent risks .
Of course the heavily politicised Nobel Peace Prize committee know none of this and apparently do not want to .
For years now , their decision-making has been based @ @ @ @ @ @ @ on a left-leaning , globalist world view .
Why else would they have awarded a prize to the European Union for the advancement of peace in Europe while knowing full well that peace has been maintained in Europe since 1945 because of NATO , not the EU ?
Why else would they have awarded a prize to arch-terrorist Yasser Arafat and seriously considered the same for Provisional IRA leader Gerry Adams ?
Or to North Vietnamese communist war-leader Le Duc Tho ?
The list goes on .
We are fortunate that the true @ @ @ @ @ @ @ are both the Nobel Committee and the EU .
For all their self-importance , both groups , sadly , end up shaming themselves and working against peace , prosperity and human rights .

Notwithstanding the economic, technological and security imperatives that lie behind the evolving Middle East relationships, great credit must go to the men behind the Abraham Accord.... Mohammed bin Zayed... [and] Benjamin Netanyahu... know only too well that such actions carry with them serious risks to themselves personally and to their nations.
Of far greater significance, however, is the looming threat to the region from Iran and, to a lesser extent, Turkey. Most Arab countries see common interests with Israel in the face of the mullahs in Tehran with their imperial aggression in Lebanon, Syria, Iraq, Yemen and beyond, coupled with insatiable nuclear ambition.
Some months ago, in talks with leaders in Saudi Arabia as part of a delegation from former Canadian Prime Minister Stephen Harper's Friends of Israel Initiative, together with their Executive Director and former Spanish National Security Adviser Rafael Bardaji, I heard first-hand how open the Saudis were to the prospect of embracing Israel in the future.
This week, we witnessed a symbol of perhaps the greatest step forward in world peace for decades. The first-ever direct passenger flight from Israel to the United Arab Emirates flew down the length of Saudi Arabia's airspace. Pictured: The flags of the United Arab Emirates, Israel and the United States fly at Abu Dhabi airport on August 31, 2020. (Photo by Karim Sahib/AFP via Getty Images)
This week, we witnessed a symbol of perhaps the greatest step forward in world peace for decades. The first-ever direct passenger flight from Israel to the United Arab Emirates flew down the length of Saudi Arabia's airspace. After Egypt in 1979 and Jordan in 1994, the UAE has become the third Arab state to normalise relations with the State of Israel under the new Abraham Accord.
Next month, the 2020 Nobel Peace Prize winner will be announced in Oslo. Will it go to the architects of the Abraham Accord, a momentous achievement in itself, and also a major development in a regional geopolitical realignment that is not only good for peace and prosperity in the Middle East but in the world? We knew what the answer would be to that question even before it arose. (Those who point out the deadline for 2020 nominations has passed need not expect to see it in 2021 either.)
Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, might well have caught the eye of the Nobel selectors, but unfortunately his partners in this enterprise are US President Donald J. Trump and Israeli Prime Minister Benjamin Netanyahu. Both are despised figures for the wokerati in Oslo and the fellow travellers they are desperate to impress. Compared to the perceptions of these leaders among the hard left who dominate all discourse on "peace", their achievements on the world stage are irrelevant.
Their fingerprints on the Abraham Accord ensured it also received a cool reception in much of the US and international media and in the chancelleries of Europe — more closely aligned with the hostile and backward-looking regimes of Iran, Turkey and Qatar than with those who actually strive for peace and progress and human rights in the Middle East; "the men in the arena", to borrow from former US President Theodore Roosevelt.
Yet, the developing relationship between Israel and the UAE is at least as significant as the peace treaty between Israel and Egypt that deservedly led to Nobel Peace Prizes for Menachem Begin and Anwar Sadat. It paves the way for further leaps forward, with potential for similar normalisation between Israel and other countries in the region such as Bahrain, Oman, Sudan, Morocco and even Saudi Arabia. The UAE would not have acted without Saudis' blessing. Although publicly understated, the opinion in Riyadh is clear. Some months ago, in talks with leaders there as part of a delegation from former Canadian Prime Minister Stephen Harper's Friends of Israel Initiative, together with their Executive Director and former Spanish National Security Adviser Rafael Bardaji, I heard firsthand how open the Saudis were to the prospect of embracing Israel in the future.
Behind the shifting geopolitical sands in the Middle East lies economic advantage as opportunities for trade and technology become both clearer and, for the Gulf states, more acutely needed. Of far greater significance, however, is the looming threat to the region from Iran and, to a lesser extent, Turkey. Most Arab countries see common interests with Israel in the face of the mullahs in Tehran with their imperial aggression in Lebanon, Syria, Iraq, Yemen and beyond, coupled with insatiable nuclear ambition.
Former US President Barack Obama unwittingly helped bring about the growing closeness between Israel and the Arabs by his efforts to transfer hegemony in the Middle East to Iran, most frighteningly by his deeply flawed nuclear deal — the JCPOA — that opened the door wide to a nuclear-armed theocratic dictatorship. In the process, he released vast funds to Tehran that helped finance their proxy terrorism across the region. It is more than probable that the hapless Nobel committee would have awarded President Obama a Peace Prize for the JCPOA had they not already fallen over themselves to bestow it on him as soon as he became president in 2009, in a political message that was as much about denigrating former President George W Bush as it was about honouring its recipient.
Notwithstanding the economic, technological and security imperatives that lie behind the evolving Middle East relationships, great credit must go to the men behind the Abraham Accord. Effective peace-making, especially in the context of such long-running hostility, demands vision, boldness and above all courage. Let us not forget the bloody end of two of the Middle East leaders who risked all for peace — Anwar Sadat and his fellow Nobel Peace Prize winner Yitzhak Rabin. Mohammed bin Zayed is in a different situation to Sadat, as is Benjamin Netanyahu to Rabin, but nevertheless both know only too well that such actions carry with them serious risks to themselves personally and to their nations.
Prime Minister Netanyahu has long pursued a bold strategy aimed at achieving closer relationships across the region. Among many other under-the-radar efforts by his officials and him, Netanyahu and Yossi Cohen, head of Mossad, reportedly met Mohammed bin Zayed in secret in Abu Dhabi in 2018. One of the main planks of the Abraham Accord is Israel's agreement to put on ice its plans to apply lawful Israeli sovereignty to 30% of Judea and Samaria. Without that sovereignty plan being floated, which itself required courage and represented historic change for the State of Israel, it is unlikely the current deal would have been achieved. For Netanyahu to agree to its suspension demanded the courage to risk significant political capital at a precarious moment.
The sovereignty plan itself arose from President Trump's "Peace to Prosperity" initiative, which sought to unlock a century-long Middle East conflict. Decades of peace-processing according to long-held conventional wisdoms had led nowhere. I discussed the Peace to Prosperity proposal with some of its architects right at the start, when it was clear that they hoped to actuate exactly the situation that is now unfolding.
They knew that failure of past peace plans had been due above all to handing the Palestinian Arab leadership a veto over all progress. Whatever they said publicly or to negotiators, successive Palestinian leaders had no intention of arriving at any conclusion that involved a sovereign Jewish state in the Middle East. They did not want a two-state solution if one of those states was run by Jews; hence they refused to compromise and would only reject and disrupt. The Trump initiative envisaged an Israel more closely united with the Arab world in order to impel the Palestinians into a future accommodation. This vision may not actually be realised in the long-term but it has a better chance of success than repeatedly doing the same thing over and over again and expecting a different outcome.
Self-evidently, advancing such a plan carries great risks for President Trump and the US, as well as Israel and the other countries involved, but it also holds out the prospect of great rewards in both peace and prosperity. European leaders and many in the US were lukewarm: they simply did not understand what Trump and his team did understand — the intrinsic paradox of international strategy. As the historian Edward N Luttwak put it in his masterwork, Strategy, The Logic of War and Peace: "The entire realm of strategy is pervaded by a paradoxical logic of its own, standing against the ordinary linear logic by which we live in all other spheres of life". The Europeans and other opponents of Trump's plan mostly failed to recognise that the linear logic with which they were comfortable could result only in endless conflict; and many who did lacked the courage to embrace the strategic paradox with all its inherent risks.
Of course the heavily politicised Nobel Peace Prize committee know none of this and apparently do not want to. For years now, their decision-making has been based not on objective contributions to peace but on a left-leaning, globalist world view. Why else would they have awarded a prize to the European Union for the advancement of peace in Europe while knowing full well that peace has been maintained in Europe since 1945 because of NATO, not the EU? Why else would they have awarded a prize to arch-terrorist Yasser Arafat and seriously considered the same for Provisional IRA leader Gerry Adams? Or to North Vietnamese communist war-leader Le Duc Tho? The list goes on.
We are fortunate that the true leaders of today understand how breathtakingly unimportant are both the Nobel Committee and the EU. For all their self-importance, both groups, sadly, end up shaming themselves and working against peace, prosperity and human rights.


bonginoreport--2020-09-03--Poll Shows That Majority of Workers Would Continue Working After Retirement

For many workers , a traditional retirement is not part of their plans .
Among baby boomers still in the workforce , 59 % expect to keep working into retirement , a new study from Voya Financial shows .
For Generation X , that share is 60 % and for millennials , 49 % .
Overall , 54 % of all workers say their retirement years will include a job of some sort .
`` The definition of retirement is evolving and will keep evolving , '' said Charlie Nelson , CEO of Retirement and Employee Benefits for Voya .
@ @ @ @ @ @ @ about working until a certain age and then switching to no work . ''
More from Invest in You : How the pandemic upended Americans ' finances : CNBC + Acorns survey For many , $ 1,200 in stimulus never came .
These tips might tell you find why Remote schooling this fall will have a negative financial impact on families The study , based on a survey of about 1,000 people done in waves from March through July , explored workers ' attitudes about retirement during the pandemic .
Voya defines baby @ @ @ @ @ @ @ ; Gen X , 1965 to 1980 ; and millennials , 1981 to 1996 .
The results come as economic uncertainty from the pandemic persists and unemployment remains relatively high , at about 10 % .
At the same time , however , the stock market — despite dropping in Thursday morning trading — is far above its lows earlier in the year .
The S & P 500 index closed Wednesday at 3580.84 , up 60 % from its March 23rd low of 2237.40 .
The Dow Jones Industrial Average has gained @ @ @ @ @ @ @ at 18,591 , closing at 29,100 .

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For many workers, a traditional retirement is not part of their plans. Among baby boomers still in the workforce, 59% expect to keep working into retirement, a new study from Voya Financial shows. For Generation X, that share is 60% and for millennials, 49%. Overall, 54% of all workers say their retirement years will include a job of some sort. "The definition of retirement is evolving and will keep evolving," said Charlie Nelson, CEO of Retirement and Employee Benefits for Voya. "It's not going to be about working until a certain age and then switching to no work."
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Many respondents (56%) noted their reasons for wanting to continue working in retirement included for their mental well-being, while 40% said it's because they want a safety net to cover unexpected costs and prepare for market volatility. "There may be financial reasons they want to keep working, or it might be because they want to stay mentally alert," Nelson said. While the coronavirus has caused economic uncertainty and a squeeze on households that have lost income from being laid off or furloughed, Voya's survey suggests that saving for retirement remains a priority, with 55% of respondents saying they'd rather save more for retirement than be completely debt-free.


bonginoreport--2020-09-03--Chuck Schumer Criticizes Republican Coronavirus Stimulus Bill

Senate Minority Leader Chuck Schumer ( D-NY ) speaks at a press conference June 09 , 2020 in Washington , DC .
Schumer and Sen. Mazie Hirono ( D-HI ) answered questions related to reforming law enforcement policies in the wake of the death of George Floyd .
Senate Minority Leader Chuck Schumer voiced opposition to a Republican coronavirus stimulus plan Thursday , assuring the impasse over more pandemic aid will drag on for days .
In a letter to his caucus , the New York Democrat argued a bill the GOP-held chamber aims to consider next week does not @ @ @ @ @ @ @ the outbreak .
The legislation , which is expected to cost $ 500 billion , would offer more narrow relief than other plans currently on the table , CNBC previously reported .
`` Republicans may call their proposal 'skinny , ' but it would be more appropriate to call it 'emaciated . '
Their proposal appears to be completely inadequate and , by every measure , fails to meet the needs of the American people , '' Schumer wrote to Senate Democrats .
`` With no money for rental assistance , no money @ @ @ @ @ @ @ for state and local services , the census , or safe elections , [ Majority ] Leader [ Mitch ] McConnell and Senate Republicans would be making another unacceptable and ineffective attempt at providing relief , '' he continued .
A spokesman for McConnell declined to comment on Schumer 's letter .
Efforts to pass a fifth coronavirus rescue package ground to a halt last month as Democratic leaders and the White House accused the other side of the negotiating table of being intractable and unrealistic .
As an employment crisis lingers and @ @ @ @ @ @ @ disparate views on how much money the federal government needs to spend to boost the U.S. economic recovery and fight the outbreak .
Senate Republicans have not released the final version of their bill .
Sen. John Barrasso of Wyoming , the third-ranking GOP senator , told reporters Tuesday that `` the goal '' is to vote on a `` focused , targeted '' solution next week .
As of late last month , the plan was expected to include enhanced unemployment insurance , more small business loans , funding for schools , @ @ @ @ @ @ @ and vaccines .
Republicans aimed to include policies both parties support , disregarding Democratic priorities such as state and local government aid and rent and mortgage assistance .
The Republican legislation would set extra federal jobless benefits at $ 300 to $ 400 per week .
The sum would drop from the $ 600 per week payments which expired at the end of July .
Democrats have pushed to reinstate the $ 600 per week policy .
The bill follows a roughly $ 1 trillion plan the GOP released in late July .
@ @ @ @ @ @ @ $ 3 trillion package through the House in May , have called for Republicans to increase their stimulus offer to $ 2.2 trillion .
The White House has so far not gone higher than about $ 1.3 trillion .
House Speaker Nancy Pelosi , D-Calif. , spoke to Treasury Secretary Steven Mnuchin on Tuesday .
After the phone call , Pelosi said the sides `` continue to have serious differences understanding the gravity of the situation that America 's working families are facing . ''
During congressional testimony on Tuesday before he spoke @ @ @ @ @ @ @ the Senate GOP approach of passing a limited plan .
He said he and President Donald Trump want to `` move forward on a bipartisan basis on points we can agree upon . ''
As Senate Republicans debate how much more money the federal government should put into the pandemic fight , it is unclear how many votes the GOP bill will get .
The debate over additional aid comes as the job market shows signs of improving .
The Labor Department on Thursday reported 881,000 new jobless claims last week , a @ @ @ @ @ @ @ record .
The monthly employment report due Friday will show whether the U.S. in August sustained a rebound from record job losses in the spring .
Meanwhile , new Covid-19 infections in the U.S. have started to decline , despite problem spots in the Midwest .
Still , the economic pain from the pandemic has intensified for some amid improvements in the broader economy .
Millions of Americans are unemployed , and the expiration of the extra unemployment benefits and a federal moratorium on evictions has hurt people already reeling from job losses @ @ @ @ @ @ @ officials in Washington have started to show more urgency to pass aid ahead of November 's election .
About half of the House Democratic caucus previously urged Pelosi to take up a stand-alone bill to refresh federal unemployment benefits .
The Trump administration also moved this week to halt evictions until the end of the year using Centers for Disease Control and Prevention powers .
Congress has a lot on its plate when lawmakers return from their recesses .
The legislature also has to fund the government by Sept. 30 to avoid a @ @ @ @ @ @ @ relief provisions in must-pass spending legislation .

Senate Minority Leader Chuck Schumer (D-NY) speaks at a press conference June 09, 2020 in Washington, DC. Schumer and Sen. Mazie Hirono (D-HI) answered questions related to reforming law enforcement policies in the wake of the death of George Floyd.
"With no money for rental assistance, no money for nutrition assistance, and no money for state and local services, the census, or safe elections, [Majority] Leader [Mitch] McConnell and Senate Republicans would be making another unacceptable and ineffective attempt at providing relief," he continued.
"Republicans may call their proposal 'skinny,' but it would be more appropriate to call it 'emaciated.' Their proposal appears to be completely inadequate and, by every measure, fails to meet the needs of the American people," Schumer wrote to Senate Democrats.
In a letter to his caucus, the New York Democrat argued a bill the GOP-held chamber aims to consider next week does not go far enough to mitigate damage from the outbreak. The legislation, which is expected to cost $500 billion, would offer more narrow relief than other plans currently on the table, CNBC previously reported .
Senate Minority Leader Chuck Schumer voiced opposition to a Republican coronavirus stimulus plan Thursday, assuring the impasse over more pandemic aid will drag on for days.
A spokesman for McConnell declined to comment on Schumer's letter.
Efforts to pass a fifth coronavirus rescue package ground to a halt last month as Democratic leaders and the White House accused the other side of the negotiating table of being intractable and unrealistic. As an employment crisis lingers and the virus spreads, the parties have disparate views on how much money the federal government needs to spend to boost the U.S. economic recovery and fight the outbreak.
Senate Republicans have not released the final version of their bill. Sen. John Barrasso of Wyoming, the third-ranking GOP senator, told reporters Tuesday that "the goal" is to vote on a "focused, targeted" solution next week.
As of late last month, the plan was expected to include enhanced unemployment insurance, more small business loans, funding for schools, and money for Covid-19 testing, treatment and vaccines. Republicans aimed to include policies both parties support, disregarding Democratic priorities such as state and local government aid and rent and mortgage assistance.
The Republican legislation would set extra federal jobless benefits at $300 to $400 per week. The sum would drop from the $600 per week payments which expired at the end of July. Democrats have pushed to reinstate the $600 per week policy.
The bill follows a roughly $1 trillion plan the GOP released in late July. Democrats, who pushed a more than $3 trillion package through the House in May, have called for Republicans to increase their stimulus offer to $2.2 trillion. The White House has so far not gone higher than about $1.3 trillion.
House Speaker Nancy Pelosi, D-Calif., spoke to Treasury Secretary Steven Mnuchin on Tuesday. After the phone call, Pelosi said the sides "continue to have serious differences understanding the gravity of the situation that America's working families are facing."
During congressional testimony on Tuesday before he spoke to Pelosi, Mnuchin appeared to endorse the Senate GOP approach of passing a limited plan. He said he and President Donald Trump want to "move forward on a bipartisan basis on points we can agree upon."
As Senate Republicans debate how much more money the federal government should put into the pandemic fight, it is unclear how many votes the GOP bill will get.
The debate over additional aid comes as the job market shows signs of improving. The Labor Department on Thursday reported 881,000 new jobless claims last week, a better-than-expected figure that nonetheless tops the pre-pandemic record.
The monthly employment report due Friday will show whether the U.S. in August sustained a rebound from record job losses in the spring.
Meanwhile, new Covid-19 infections in the U.S. have started to decline, despite problem spots in the Midwest.
Still, the economic pain from the pandemic has intensified for some amid improvements in the broader economy. Millions of Americans are unemployed, and the expiration of the extra unemployment benefits and a federal moratorium on evictions has hurt people already reeling from job losses.
Despite the roadblocks to legislation, officials in Washington have started to show more urgency to pass aid ahead of November's election. About half of the House Democratic caucus previously urged Pelosi to take up a stand-alone bill to refresh federal unemployment benefits.
The Trump administration also moved this week to halt evictions until the end of the year using Centers for Disease Control and Prevention powers.
Congress has a lot on its plate when lawmakers return from their recesses. The legislature also has to fund the government by Sept. 30 to avoid a shutdown. Lawmakers could potentially include coronavirus relief provisions in must-pass spending legislation.
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bonginoreport--2020-09-03--D.C. Police Release Video Footage of Deon Kay Shooting – Showing He Was Armed

Newly-released body camera footage reveals that the 18-year-old who was killed Wednesday in an officer-involved shooting in Washington , DC was holding a gun in his hand .
Deon Kay was shot dead Wednesday afternoon after police arrived in the 200 block of Orange Street to investigate a report of a man brandishing a gun .
Authorities reported that when uniformed patrol officers of the Seventh District arrived at the listed location , individuals surrounding a vehicle fled on foot .
During the pursuit of the suspects , police alleged that Kay was armed .
An officer responded by firing @ @ @ @ @ @ @ `` Do n't move ! ''
can be heard on camera .
DC Fire and Emergency Medical Services transported the young man to an area hospital for treatment of life threatening injuries .
After all life-saving efforts failed , Kay was pronounced dead .
`` During the foot pursuit , one of the suspects brandished a firearm .
In response , an officer discharged their firearm one time , striking the suspect , '' a Metropolitan Police Department statement read .
The body camera footage appears to corroborate the police officer ’ s @ @ @ @ @ @ @ was recovered at the scene , The Washington Times reported .
The officers involved have been placed on administrative leave , pursuant to MPD policy , as the incident is pending review by the United States Attorney 's Office for DC and the MPD 's Use of Force Review Board .
`` Uniformed police officers had information that there were guys in the neighborhood with guns , specifically , '' Police Chief Peter Newsham said in a press conference Wednesday afternoon .
`` That 's what they were looking for and evidently that @ @ @ @ @ @ @ a late night face-off , Black Lives Matter protesters appeared outside a Southeast DC police precinct Wednesday night , taunting and mocking officers .
Masked officers stood calmly in single file line while several departed and entered the station .
Bicycles were used to form a barrier .
`` Go back into the building we paid for , '' a protestor shouted as others filmed with their phones directly in officers ' faces .
The local BLM affiliated had called for immediate protest outside the MPD 's 7th District headquarters , tweeting : @ @ @ @ @ @ @ today . ''
Protesters chanted `` No Justice , No Peace '' and `` Justice for Deon , '' in accordance to the trending hashtag on Twitter .
A woman who identified herself as Deon 's aunt declared into a bullhorn : `` How would you feel if something happened to your kid ? ''
`` How would you feel if another person had a gun and shot your child in the back ? ''
she asked .
CBS News affiliate WUSA9 in Washington reported that the protest continued early Thursday morning with @ @ @ @ @ @ @ 's residence and calling on her to fire Newsham and `` Defund the Police . ''
`` Pick a side Mayor Bowser and stand on the right side of history , '' one protester yelled .

Newly-released body camera footage reveals that the 18-year-old who was killed Wednesday in an officer-involved shooting in Washington, DC was holding a gun in his hand.
Deon Kay was shot dead Wednesday afternoon after police arrived in the 200 block of Orange Street to investigate a report of a man brandishing a gun.
Authorities reported that when uniformed patrol officers of the Seventh District arrived at the listed location, individuals surrounding a vehicle fled on foot. During the pursuit of the suspects, police alleged that Kay was armed. An officer responded by firing, hitting Kay in the chest. "Don't move!" can be heard on camera.
DC Fire and Emergency Medical Services transported the young man to an area hospital for treatment of life threatening injuries. After all life-saving efforts failed, Kay was pronounced dead.
"During the foot pursuit, one of the suspects brandished a firearm. In response, an officer discharged their firearm one time, striking the suspect," a Metropolitan Police Department statement read.
The body camera footage appears to corroborate the police officer’s account of events and the said gun was recovered at the scene, The Washington Times reported. The officers involved have been placed on administrative leave, pursuant to MPD policy, as the incident is pending review by the United States Attorney's Office for DC and the MPD's Use of Force Review Board.
"Uniformed police officers had information that there were guys in the neighborhood with guns, specifically," Police Chief Peter Newsham said in a press conference Wednesday afternoon. "That's what they were looking for and evidently that's what they found."
In a late night face-off, Black Lives Matter protesters appeared outside a Southeast DC police precinct Wednesday night, taunting and mocking officers.
BLM has surrounded a police precinct in Southeast DC, taunting, mocking officers https://t.co/bVk2PJtlEe — Jack Posobiec ?? (@JackPosobiec) September 3, 2020
Masked officers stood calmly in single file line while several departed and entered the station. Bicycles were used to form a barrier.
"Go back into the building we paid for," a protestor shouted as others filmed with their phones directly in officers' faces.
The local BLM affiliated had called for immediate protest outside the MPD's 7th District headquarters, tweeting: "DC police murdered a Black man today."
Protesters chanted "No Justice, No Peace" and "Justice for Deon," in accordance to the trending hashtag on Twitter.
A woman who identified herself as Deon's aunt declared into a bullhorn: "How would you feel if something happened to your kid?"
"How would you feel if another person had a gun and shot your child in the back?" she asked.
CBS News affiliate WUSA9 in Washington reported that the protest continued early Thursday morning with a group marching to Mayor Mariel Bowser's residence and calling on her to fire Newsham and "Defund the Police."
"Pick a side Mayor Bowser and stand on the right side of history," one protester yelled.


bonginoreport--2020-09-03--U.S. Begins Cutting Funding to WHO

U.S. Begins Cutting Funding to WHO

The Trump administration pulled $ 62 million in funding from the World Health Organization on Wednesday and is taking further steps to withdraw from the body , which the United States accuses of helping China obfuscate information about the coronavirus pandemic .
The United States is on track to cut its funding and personnel from the agency before July 2021 , when President Donald Trump 's order earlier this year ending the U.S. relationship with WHO is set to begin , according to senior administration officials working on the matter .
The United States will not consider rejoining the organization @ @ @ @ @ @ @ , '' according to Nerissa Cook , deputy assistant secretary of state in the Bureau of International Organization Affairs .
U.S. officials informed the WHO of the administration 's decision Wednesday and reiterated demands that the organization implement a series of widespread reforms to limit China 's interference in the body .
American diplomats have been pressuring the organization for months over its efforts to help China hide evidence of the coronavirus 's origins .
The Trump administration maintains the WHO was complicit in Beijing 's efforts to promulgate lies about the virus @ @ @ @ @ @ @ .
The WHO went along with China 's claim that it was the first country to publicly report the virus .
U.S. pressure on the WHO has irritated China and European powers that continue to maintain the organization is an effective oversight body .
`` The position of the White House is that the WHO needs to reform , and that is starting with demonstrating its independence from the Chinese Communist Party , '' Cook said .
`` And it needs to make improvements in its ability to prepare for , to prevent @ @ @ @ @ @ @ to outbreaks of dangerous pathogens . ''
The United States paid around 22 percent of the WHO 's regular budget , more than $ 100 million a year .
In 2020 , the United States sent more than $ 120 million to the organization , $ 58 million of which had been disbursed prior to Trump 's decision to freeze funding to the organization in April .
The remaining money `` will be reprogrammed to the U.N. '' for other programs and organizations the United States still supports , according to Cook .
@ @ @ @ @ @ @ diplomats will continue to pressure for reforms that they say must be implemented before the United States considers rejoining the organization .
In addition to splitting from China , the United States is demanding structural reforms that would help the WHO more quickly respond to emerging pandemics and inform the world about possible dangers .
`` If they 're interested in seeing the United States stay , they will take [ those demands ] seriously and negotiate seriously , '' said Garrett Grigsby , director of the Department of Health and Human Services @ @ @ @ @ @ @ of Health and Human Services , as well as the U.S. Agency for International Development ( USAID ) , will end its voluntary contributions to the WHO and begin bringing American officials stationed there home before the end of the year , officials from both agencies confirmed .
This includes Americans who are working with the WHO on various global health issues .
USAID and HHS , however , will not halt what they called `` one-time '' donations to the WHO .
This includes up to $ 40 million that HHS has @ @ @ @ @ @ @ with immunization and influenza , according to Grigsby .
USAID will also move forward with a `` one-time disbursement '' this year of up to $ 68 million to support the WHO 's work on health issues in Libya and Syria , according to Alma Golden , USAID 's assistant administrator for global health .
After both agencies make good on these donations , officials will begin to cement partnerships with organizations and countries that are not WHO members , officials said .
`` The World Health Organization has failed badly by those @ @ @ @ @ @ @ to COVID-19 , but to other health crises in recent decades , '' Secretary of State Mike Pompeo said in a statement on Thursday .
`` In addition , WHO has declined to adopt urgently needed reforms , starting with demonstrating its independence from the Chinese Communist Party . ''

The Trump administration pulled $62 million in funding from the World Health Organization on Wednesday and is taking further steps to withdraw from the body, which the United States accuses of helping China obfuscate information about the coronavirus pandemic.
The United States is on track to cut its funding and personnel from the agency before July 2021, when President Donald Trump's order earlier this year ending the U.S. relationship with WHO is set to begin, according to senior administration officials working on the matter. The United States will not consider rejoining the organization until it "gets its act together," according to Nerissa Cook, deputy assistant secretary of state in the Bureau of International Organization Affairs.
U.S. officials informed the WHO of the administration's decision Wednesday and reiterated demands that the organization implement a series of widespread reforms to limit China's interference in the body. American diplomats have been pressuring the organization for months over its efforts to help China hide evidence of the coronavirus's origins. The Trump administration maintains the WHO was complicit in Beijing's efforts to promulgate lies about the virus in the early days of its spread. The WHO went along with China's claim that it was the first country to publicly report the virus. U.S. pressure on the WHO has irritated China and European powers that continue to maintain the organization is an effective oversight body.
"The position of the White House is that the WHO needs to reform, and that is starting with demonstrating its independence from the Chinese Communist Party," Cook said. "And it needs to make improvements in its ability to prepare for, to prevent, to detect, and to respond to outbreaks of dangerous pathogens."
The United States paid around 22 percent of the WHO's regular budget, more than $100 million a year. In 2020, the United States sent more than $120 million to the organization, $58 million of which had been disbursed prior to Trump's decision to freeze funding to the organization in April. The remaining money "will be reprogrammed to the U.N." for other programs and organizations the United States still supports, according to Cook.
After it leaves the WHO, American diplomats will continue to pressure for reforms that they say must be implemented before the United States considers rejoining the organization. In addition to splitting from China, the United States is demanding structural reforms that would help the WHO more quickly respond to emerging pandemics and inform the world about possible dangers.
"If they're interested in seeing the United States stay, they will take [those demands] seriously and negotiate seriously," said Garrett Grigsby, director of the Department of Health and Human Services Office of Global Affairs.
The Department of Health and Human Services, as well as the U.S. Agency for International Development (USAID), will end its voluntary contributions to the WHO and begin bringing American officials stationed there home before the end of the year, officials from both agencies confirmed. This includes Americans who are working with the WHO on various global health issues.
USAID and HHS, however, will not halt what they called "one-time" donations to the WHO. This includes up to $40 million that HHS has promised the organization to support its work with immunization and influenza, according to Grigsby.
USAID will also move forward with a "one-time disbursement" this year of up to $68 million to support the WHO's work on health issues in Libya and Syria, according to Alma Golden, USAID's assistant administrator for global health.
After both agencies make good on these donations, officials will begin to cement partnerships with organizations and countries that are not WHO members, officials said.
"The World Health Organization has failed badly by those measures, not only in its response to COVID-19, but to other health crises in recent decades," Secretary of State Mike Pompeo said in a statement on Thursday. "In addition, WHO has declined to adopt urgently needed reforms, starting with demonstrating its independence from the Chinese Communist Party."


bonginoreport--2020-09-03--Police: Colorado Woman Riding on Moped Allegedly Attacked 12-Year-Old Boy Over Trump Sign

A Colorado woman allegedly assaulted a 12-year-old boy Monday over a Trump sign , police say , according to multiple reports .
Police say that around 3:00 PM , a woman on a moped attacked a boy riding a bicycle brandishing a Trump sign , according to The Denver Post .
“ The suspect made a U-turn and approached the victim and began assaulting him because of his political banner , ” investigators said , according to CBS4 News .
“ The suspect then attempted to take the banner but was unsuccessful.
” ( RELATED : ‘ You Simply Do @ @ @ @ @ @ @ Allegedly Write Letter Singling Out Neighbor For Trump Yard Sign ) When she saw the sign , the woman turned her moped around and punched the child four or five in the back of the head and arms , Boulder police spokeswoman Shannon Aulabaugh said , according to The Denver Post .
The woman also scratched him before trying to take his sign .
The suspect is a white female in her 20s or 30s who was driving a gray or blue moped , according to The Denver Post .
She was wearing @ @ @ @ @ @ @ and a tan jacket .
The case is under investigation and no arrests have been made yet , according to the report .

A Colorado woman allegedly assaulted a 12-year-old boy Monday over a Trump sign, police say, according to multiple reports.
Police say that around 3:00 PM, a woman on a moped attacked a boy riding a bicycle brandishing a Trump sign, according to The Denver Post.
Boulder police said the boy was riding his bicycle with a Trump sign when a woman on a moped saw the sign and turned around to confront the boy. https://t.co/W4FXLpROBv — The Denver Post (@denverpost) September 2, 2020
“The suspect made a U-turn and approached the victim and began assaulting him because of his political banner,” investigators said, according to CBS4 News. “The suspect then attempted to take the banner but was unsuccessful.” (RELATED: ‘You Simply Do Not Care About Us’: Neighbors Allegedly Write Letter Singling Out Neighbor For Trump Yard Sign)
When she saw the sign, the woman turned her moped around and punched the child four or five in the back of the head and arms, Boulder police spokeswoman Shannon Aulabaugh said, according to The Denver Post. The woman also scratched him before trying to take his sign.
The suspect is a white female in her 20s or 30s who was driving a gray or blue moped, according to The Denver Post. She was wearing a blue shirt, blue jeans, and a tan jacket.
The case is under investigation and no arrests have been made yet, according to the report.