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| Kevin McCarthy |
Caught between a rock and a hard place. The gang at GZERO Media says House Speaker Kevin McCarthy’s desperate decision to launch an impeachment inquiry against Joe Biden may turn out to be an “over-reachment.” Hats off.
His shameful bid to appease MAGA wingnuts such as Matt Gaetz, Dan Bishop, Chip Roy and Lauren Boebert, who was last seen being booted from a Denver theater for causing a disturbance during a musical production of “Beetlejuice,” leads to a road to nowhere.
These clowns have zero interest in governing. They see politics as the art of performance.
Even Boebert’s rival, the despicable Marjorie Taylor Greene, has had it. She wants no more of the “burn-it-down caucus.”
Launching an impeachment inquiry against a president without a shred of evidence will not go well in the 18 Congressional districts won by Biden but represented by Republicans. When those districts swing back to Democrats in 2024, McCarthy will have to turn over his gavel to Hakeem Jeffries.
McCarthy will rue the day that he sold his soul to the MAGA crowd in order to get his dream job.
Fox panders to viewers… NYC pension funds are suing Fox Corp.’s board of directors for breaching their fiduciary duties by allowing a business model that invites defamation litigation.
The complaint alleges that Fox broadcasts stories that appeal to their viewers regardless of the truth or factual basis, and that the board disregarded any risk.
It charges the directors failed to take any meaningful steps to protect the company from litigation.
“Clear governance systems are absolutely necessary for the long-term health of a company,” said NYC comptroller Brad Lander. “As Fox’s board continues to ignore these red flags, we are holding them accountable as long-term shareholders.”
Fox’s board includes former Speaker of the House Paul Ryan, ex-Ford Motor chief Jacques Nasser and one-time Telemundo Group CEO Roland Hernandez.
Goldman Sachs Cracks Down… Goldman Sachs has fired several executives in its transaction banking business for violating communications policies.
The canned staffers use unauthorized communications channels to conduct business, according to the Financial Times.
The FT reported that the use of unapproved messaging apps, such as WhatsApp, risks violating government-mandated record-keeping practices.
Goldman says it takes its communications policies seriously and expects all of its personnel to comply with them.
It was among the banks to pay $200M in fees last year to the Securities and Exchange Commission and Commodity Futures Trading Commission for running afoul of record-keeping rules.
Republican tough guys Josh Hawley and Tom Cotton want Biden to send the National Guard to Columbia University to put an end to student protests... Bernie blasts Bibi for insulting America's intelligence by equating criticism of Israel's government with antisemitism... German court convicts former financial PR exec who claims he wasn't aware that trading on tips is illegal. 
Southern governors claim they know what's best for their working class, and it's not pay raises... A Ukrainian human rights group played a key role in convincing House Speaker Mike Johnson to hold a vote to send arms to Ukraine, Israel and Taiwan... Trump Media & Technology Group blames short-selling and not lousy outlook for its stock slump.
The techniques deployed by OJ Simpson's defense team in the 'trial of the century' served as a harbinger for those used by Donald Trump... People worry about the politicization of medical science just as much as they fret about another pandemic, according to Edelman Trust Barometer... Book bans aren't restricted to red states as deep blue Illinois, Connecticut and Maryland challenged at least 100 titles in 2023.
The NBA, which promotes legalized gambling 24/7, seems more than hypocritical for banning player for placing bets... Diocese of Brooklyn promises to issue press release the next time one of its priests is charged with sexual abuse... Truth Social aspires to be one of Donald Trump's iconic American brands, just like Trump University or Trump Steaks or Trump Ice Cubes.
Publicis Groupe CEO Arthur Sadoun puts competition on notice... Macy's throws in the towel as it appoints two directors nominated by its unwanted suitor... The Profile in Wimpery Award goes to the Ford Presidential Foundation for stiffing American hero and former Wyoming Congresswoman Liz Cheney.
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Sep. 25, 2023, by Joe Honick
One of the tragedies of the current political drama has been Kevin McCarthy, whose strange desire for the Speakership allowed him to become a virtual political whore to gain the job after 15 challenges that forced him to bow, scrape and bend in directions few would have accommodated. And where has it gotten him but in one more situation where there are few contortions that could leave him with dignity in public or boast at home. When the party demands conclude, everyone involved will have been painted with the vulgarity of it all as prelude to a presidential campaign that can only disgrace the nation no matter who wins the most electoral college votes by the time the Republicans finish their work on them. The first victim besides the United States, will be McCarthy on whom media of all stripes will feast.