Lincoln Project ‘Disgusted and Outraged’ Over ‘Secret Life’ of Co-Founder

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The Lincoln Project condemned its co-founder John Weaver in an official statement released Sunday, after a New York Times report published nearly two dozen testimonies that accused the Republican political strategist of sexual harassment stretching back a number of years.

Prior to co-founding the Lincoln Project, a political action committee that consists of current and former Republicans who sought to prevent Donald Trump from keeping office during the 2020 election season, Weaver served as an adviser to former presidential candidates John McCain and John Kasich during their respective campaigns.

“John Weaver led a secret life that was built on a foundation of deception at every level. He is a predator, a liar, and an abuser. We extend our deepest sympathies to those who were targeted by his deplorable and predatory behavior,” the Lincoln Project said in Sunday’s statement. “We are disgusted and outraged that someone in a position of power and trust would use it for these means.”

The Times article detailed sexual misconduct allegations from 21 men, each of whom reportedly received unsolicited messages from Weaver, over text or other digital interfaces, containing provocative or explicitly sexual advances. Some of the men were teenagers when the alleged harassment took place, and in several instances, Weaver’s sexual propositions offered career opportunities in exchange. The newspaper reviewed accusers’ correspondence with Weaver prior to publishing Sunday’s report. (Read more from “Lincoln Project ‘Disgusted and Outraged’ Over ‘Secret Life’ of Co-Founder” HERE)

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The Biden Administration Lost 20M COVID-19 Vaccine Doses

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The Biden administration isn’t sure about the location of 20 million doses of the coronavirus vaccine that have been sent out to states, according to a new report.

The CDC currently says it has sent almost 50 million doses to the states, but only a little over 31.1 million of that has gone into people’s arms.

But once doses are sent off by the feds, it has been left up to the states to track their whereabouts, Politico reported.

Biden’s team is still trying to locate the remaining 20 million.

About 10 percent of that difference, or 2 million doses, is missing because of lags in reporting from states, Biden’s team believes — meaning the remainder could be sitting in warehouses, in freezers, or in transit in the complex distribution network between the federal government and the states. (Read more from “The Biden Administration Lost 20M COVID-19 Vaccine Doses” HERE)

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Report: Gamestop, Other Bets Cost Hedge Fund 53% in January Losses

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Melvin Capital, the hedge fund at the center of the GameStop stock frenzy, lost roughly 53% in January on GameStop and several other bets, according to The Wall Street Journal (WSJ).

The losses were the aftermath of a move by several retail traders who drove up shares the hedge fund bet against in a short squeeze that surprised many on Wall Street.

Melvin started 2021 with approximately $12.5 billion and now has more than $8 billion, WSJ reported. Melvin’s current figures include the $2.75 billion in emergency funds Citadel LLC, its partners and billionaire investor Steven Cohen’s Point72 Asset Management pumped into the hedge fund last Monday to help Melvin close out their position with an enormous loss.

The cash infusion constituted part of a deal where Point72 and Citadel get non-controlling revenue shares in Melvin for three years, according to the WSJ. (Read more from “Report: Gamestop, Other Bets Cost Hedge Fund 53% in January Losses” HERE)

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Overlooked Biden Executive Order Could Have Greatest Harmful Impact

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Along with tax cuts, a foundation of the economic policy that led to a roaring economy before the COVID-19 pandemic lockdowns was deregulation.

Applying common sense through a cost-benefit analysis – including consideration of long-term costs such as environmental impact – the Trump administration rule was to eliminate two regulations for every new regulation that was implemented.

Now, in an executive order that has been largely overlooked, President Biden not only is reversing the Trump policy, he’s taking regulatory power a step further.

Titled “Modernizing Regulatory Review,” the order shows that for the Biden administration, regulatory power is more than a means of protecting lives and maintaining an even playing field. It’s one of the primary means to advance the far-left agenda enacted in other executive actions since Inauguration Day, which base policy on race, gender equality and climate change rather than on what has worked historically to the benefit of everyone, whether rich or poor. (Read more from “Overlooked Biden Executive Order Could Have Greatest Harmful Impact” HERE)

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‘Never Voting D Again’: Dems Furious After Broken Stimulus Promise

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President Joe Biden and the Democratic Party were blasted by their own supporters over the weekend after the Democratic Party made it clear that Biden would be pursuing $1,400 stimulus checks in another coronavirus relief bill — not $2,000 checks like Biden and other Democrats promised.

While campaigning during the Georgia runoff elections, Democrats Jon Ossoff and Raphael Warnock, who both won their elections, made COVID relief a central campaign issue.

Biden did, too. While speaking in Atlanta the day before the election, Biden promised that if Democrats took effective control of the Senate by winning both runoff elections, $2,000 stimulus payments would be distributed to Americans immediately. . .

As TheBlaze reported, the details of Biden’s coronavirus relief package were made public about one week before his inauguration. Included in his plan are $1,400 stimulus checks — not the $2,000 checks that he promised. The lower amount is being attributed to the relief package passed in late December, which included $600 stimulus checks. Biden is calling the first check a “down payment” and is adding it to his proposal to achieve the $2,000 promise.

(Read more from “‘Never Voting D Again’: Dems Furious After Broken Stimulus Promise” HERE)

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Congressman Has COVID Despite Receiving 2 Vaccines

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The office for Rep. Stephen Lynch announced on Friday that the Massachusetts Democrat had tested positive coronavirus. Most interestingly, Lynch’s positive test result came after he received the second dose of the Pfizer vaccine.

Spokeswoman Molly Rose Tarpey explained in a statement that Lynch tested positive after coming into contact with a staff member who had testing positive for the virus earlier last week.

“This afternoon U.S. Representative Stephen F. Lynch received a positive test result for COVID-19 Friday after a staff member in the Congressman’s Boston office had tested positive earlier in the week,” Tarpey said, Boston.com reported.

Tarpey explained that Lynch “had received the second dose of the Pfizer vaccine and subsequently received a negative COVID-19 test prior to attending President Biden’s Inauguration. While Mr. Lynch remains asymptomatic and feels fine, he will self-quarantine and will vote by proxy in Congress during the coming week.” (Read more from “Congressman Has COVID Despite Receiving 2 Vaccines” HERE)

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Secretary of State Orders LGBT Flags Flown at U.S. Embassies

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LGBT activists are cheering Secretary of State Antony Blinken’s announcement that he will reverse an order from President Donald Trump and put up “pride” flags at U.S. Embassies around the world.

Outfront magazine reported on the development:

The Biden administration is off to a hopeful start, as Secretary of State nominee, Antony Blinken, has confirmed a recommitment to LGBTQ rights.

In a memo from July 2020, former Secretary of Defense Mark Esper released a list of flags permitted to be displayed at U.S. military bases. Missing from the list was the LGBTQ pride flag, which Esper compared to the confederate flag. Prior to the ban, embassies raised the flag during pride month on the official embassy flagpole.

(Read more from “Secretary of State Orders LGBT Flags Flown at U.S. Embassies” HERE)

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Spotify Wants to Eavesdrop on Your Life to Pick Next Song to Play

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Music streaming service Spotify has reportedly filed a patent for new personality tracking technology that analyzes a user’s emotional state and suggests music based on it. The patent, titled “Identification of taste attributes from an audio signal,” details constantly monitoring “speech content and background noise” to provide song suggestions.

Music Business Worldwide reports that in October 2020, Spotify filed a patent for personality tracking technology that could determine a user’s emotional state in order to suggest the perfect song for them to listen to.

The filing explained that behavioral variables such as a user’s mood, their favorite genre of music, or their demographic could all “correspond to different personality traits of a user.” Spotify suggested that this could be used to promote personalized content to users based on the personality traits it detected.

Now a new U.S. Spotify patent shows that the company wants to use the technology to analyze users even further by using speech recognition to determine their “emotional state, gender, age, or accent.” These attributes can then be used to recommend content. (Read more from “Spotify Wants to Eavesdrop on Your Life to Pick Next Song to Play” HERE)

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The Gamestop Rebellion: Things to Know

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By Breitbart. Shares of GameStop and AMC saw tremendous gains this week as an army of small retailer investors beat back sophisticated hedge funds that had bet against the stocks. . .

Although GameStop’s meteoric price climb—from $35.50 last Friday to $280 today—grabbed lots of attention this week, a group of online investors have been saying the company was undervalued for over a year. Keith Gill, better known through his online handles Roaring Kitty on YouTube and DeepF*&^%Value on Reddit’s WallStreetBets group, started buying up shares in 2019. . .

An investor who is short a stock makes money when the share price falls. But when the price climbs much higher, the investor has to cover the short by buying the share at a higher price. This buying activity can force the price up further, forcing even more buying, creating a spiraling price effect known as a short squeeze.

That’s what happened to several hedge funds this week as companies they had bet against—including AMC, headphone maker Koss, and GameStop—began to rise. They were “squeezed” out of their short position. In fact, many of the WallStreetBet posters predicted the short squeeze but to others it seemed far-fetched that retail investors would be able to force the hands of major Wall Street investors. . .

On Thursday, many of the major online brokers restricted some trades in the stocks that had run up so much earlier in the week. This was largely a reaction to higher margin requirements imposed by behind the scenes players, such as market-makers and the The Depository Trust & Clearing Corporation, the company that ultimately clears stock trades. But the operations of these companies are cloaked in mystery and the brokers did not do much to explain why trading was restricted. To a lot of investors it looked as if Wall Street was striking back by limiting their ability to trade. (Read more from “The Gamestop Rebellion: Things to Know” HERE)

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Meghan McCain: Gamestop Stock Story ‘Is What Happens When the System Feels Rigged’

By Daily Caller. Meghan McCain said GameStop stock story is “what happens when the system feels rigged” and said it’s like a “mirror to the world of everything that is wrong.”

“The GameStop stock story is like a mirror to the world of everything that is wrong,” the cohost of the ABC talk show “The View” tweeted Friday to her hundreds of thousands of followers. . .

As previously reported, a group of Reddit users managed to drive GameStop’s stock up more than 600 percent in one week, with its share price going from $43 on Jan. 21 to $330 less than a week later. The results left hedge funds facing financial ruin.

“The View” cohost allegedly first tweeted a comparison between the Capitol riot and GameStop stock story, before she allegedly deleted it.

(Read more from “Meghan McCain: Gamestop Stock Story ‘Is What Happens When the System Feels Rigged’” HERE)

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Barstool’s Portnoy on Robinhood: Pausing Trading ‘Flat-Out Criminal’

By Breitbart. Barstool Sports founder and President Dave Portnoy on Friday ripped trading app Robinhood as “flat-out criminal” for restricting purchases of GameStop shares on its platform.

Portnoy said on Fox Business Network’s “Varney & Company” that Robinhood “basically stole money from their own clients.”

“[T]hey intentionally cratered a bunch of stocks … by not letting people buy it — only selling it,” Portnoy told host Stuart Varney. “There was only one outcome — crater the stock. They basically stole money from their own clients. They knew that was going to happen to help the hedge funds basically cover. Is there proof of that? If they do the investigation right, I’m sure there will be. But, you know, it’s one to say we’re worried and you freeze the market and you can’t buy or sell and the people liquidate what it is, fine. But to intentionally crater the stock at the expense of your customers, well, that’s criminal in my mind. Flat-out criminal.”

(Read more from “Barstool’s Portnoy on Robinhood: Pausing Trading ‘Flat-Out Criminal’” HERE)

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The Biden Administration Just Made Peter Strzok’s Wife a Top Official

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President Joe Biden’s Securities and Exchange Commission (SEC) announced it hired Melissa Hodgman to lead the agency as its acting director of the Division of Enforcement last week.

“Melissa’s dedication to investor protection, broad experience in the Division, and proven track record of collaboration and creative problem solving make her ideally suited to this role,” SEC Acting Chair Allison Herren Lee celebrated in a statement. “As Associate Director, Melissa has overseen a wide range of complex and programmatically important matters, and has been a leading voice in the Division on critical issues of diversity, hiring, and labor-management relations.”

Hodgman, according to the agency press release, has been with the SEC since 2008 as a longtime bureaucrat engaging in a wide range of litigation. Hodgman is also married to another, better-known longtime Washington bureaucrat, Peter Strzok, made famous for his role in the FBI’s deep-state Crossfire Hurricane operation, which featured a witch hunt investigation that sought to incriminate President Donald Trump. (Read more from “The Biden Administration Just Made Peter Strzok’s Wife a Top Official” HERE)

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