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Producers Cut Smollett From 'Empire' Season's Last Episodes

Actor Jussie Smollett's character on "Empire" will be removed from the final two episodes of this season in the wake of his arrest on charges that he staged a racist, anti-gay attack on himself last month in downtown Chicago, producers of the Fox TV show announced Friday.

The announcement came a day after Smollett turned himself in to police, appeared in court on a felony charge of disorderly conduct for allegedly filing a false police report, and left jail after posting bond.

"While these allegations are very disturbing, we are placing our trust in the legal system as the process plays," ''Empire" executive producers Lee Daniels, Danny Strong, Brett Mahoney, Brian Grazer, Sanaa Hamri, Francie Calfo and Dennis Hammer said in a written statement. "We are also aware of the effects of this process on the cast and crew members who work on our show and to avoid further disruption on set, we have decided to remove the role of 'Jamal' from the final two episodes of the season."

Smollett, who is black and gay, plays a gay character on the show that follows a black family as they navigate the ups and downs of the recording industry.

Police said Smollett planned the hoax because he was unhappy with his salary and wanted to promote his career. Before the attack, he also sent a letter that threatened him to the Chicago studio where "Empire" is shot, police said.

As authorities laid out their case against Smollett, the narrative that emerged Thursday sounded like that of a filmmaker who wrote, cast, directed and starred in a short movie.

Prosecutors said Smollett gave detailed instructions to the accomplices who helped him stage the attack in January, including telling them specific slurs to yell, urging them to shout "MAGA country" and even pointing out a surveillance camera that he thought would record the beating.

"I believe Mr. Smollett wanted it on camera," police Superintendent Eddie Johnson told reporters at a Thursday morning news conference. "But unfortunately that particular camera wasn't pointed in that direction."

Smollett's legal team issued a statement Thursday night, calling the actor a "man of impeccable character and integrity who fiercely and solemnly maintains his innocence." The statement called Johnson's news conference "an organized law enforcement spectacle."

"The presumption of innocence, a bedrock in the search for justice, was trampled upon at the expense of Mr. Smollett," the statement read.

Source: NewsMax America

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US Debt Unsustainable

Month after month, the Trump administration runs multi-billion dollar deficits. The national debt has ballooned to over $22 trillion. According to the most recent Treasury Report, the US has a net worth of negative $21.5 trillion. And this understates the problem.

As Wolf Richter of WolfStreet puts it, the US government has “debt out the wazoo.”

Is this sustainable?

In a recent WolfStreet report, Wolf analyzes the debt, who is buying it and why.

Wolf points out that few countries are in worse fiscal shape than the US. America is in the same situation as countries like Japan, Greece and Italy.

The US and Japan have one advantage over Greece, Italy and some other nations because they control their own currency. That means their central banks can simply print money to buy government debt.

The Bank of Japan continues to monetize its government’s debt, but over the last year, the Federal Reserve has not been buying US Treasurys. This may change soon with the end of the Fed’s balance sheet reduction program, but currently, the central bank is not propping up America’s spending binge. So, who is buying all of this debt?

And why?

Foreign investors hold $6.4 trillion in US Treasury debt. China and Japan rank as the largest foreign holders.

The Fed holds about $2.1 trillion in US debt.

US investors and institutions hold about 7.7 trillion – by far the largest category.

US government entities, such as pension funds and the Social Security Trust Fund hold nearly $6 trillion in Treasurys. Some argue this is money “we owe ourselves” so it cancels out. Wolf called this baloney.

“This money is owed to those beneficiaries and it doesn’t cancel out. It is a real debt that the US government owes and it has to pay.”

China’s holdings of US Treasurys are down about $46 billion from a year ago. In total, China and Japan’s combined hold about 10% of US debt. That’s down from a little over 11% in 2017.

Over the last 12 months, foreign investors added about $164 billion in US debt as the Federal Reserve shed around $250 billion. US government entities added $160 billion in Treasury holdings. That totals a net increase of $45 billion.

That means that US investors have taken on the bulk of US government debt – in the neighborhood of $1.2 trillion over the last 12 months.

Wolf points out that banks are aggressively trying to attract depositors and are competing with the federal government which has to fund its deficits. With interest rates so low, US bonds are actually an attractive place to stash cash.

“Two-point-four percent 20 years ago would have been a ludicrously low amount of interest to be attractive, but these days are not normal and 2.4% is a fairly attractive number.”

(Photo by Tyler Merbler / Flickr)

On top of that, there is a great deal of dividend risk in the stock market with so many companies overvalued. Wolf points to GE as one example of a company that has slashed dividends to close to zero.

Wolf says that the trillions of dollars of additional Treasurys the US government is throwing on the market just doesn’t seem to matter to US investors – at least at this moment.

The $64,000 question is how long can this last?

It doesn’t seem like a sustainable scenario. Right now, things appear pretty rosy. It’s a primrose path of debt, that while perhaps troubling on a theoretical level, isn’t really having any actual impact on the economy. But it seems likely at some point the oversupply of Treasurys will begin to swamp demand. When that happens, the US government will have a real problem.

Who will take up the slack?

If you look at who owns US debt, there is really only one viable option – the Federal Reserve. Practically speaking, this means more quantitative easing.

If demand for Treasurys starts to fall, that will push interest rates higher. This is a simple supply and demand function. The Fed will then face two choices.

  1. Intervene with interest rates cuts and more QE. In other words more inflation.
  2. Do nothing and let interest rates spike.

No. 2 would not bode well for an economy built on debt. The Sovereign Man summed up the implications.

“Make no mistake: higher interest rates will have an enormous impact on just about EVERYTHING. Many major asset prices tend to fall when interest rates rise. Rising rates mean that it costs more money for companies to borrow, reducing their leverage and overall profitability. So stock prices typically fall. It’s also important to note that, over the last several years when interest rates were basically ZERO, companies borrowed vast sums of money at almost no cost to buy back their own stock. They were essentially using record low-interest rates to artificially inflate their share prices. Those days are rapidly coming to an end.”

The bottom line is that the US federal government is on an unsustainable path.


Patrick Casey, head of the American Identity Movement, joins Owen Shroyer live via Skype to discuss how his team planned and executed their infiltration into a drag queen story time event.

Source: InfoWars

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Remember–Dems Peddled Avenatti's Kavanaugh Smears

As they race to distance themselves from Michael Avenatti, who was arrested this week and charged with trying to extort millions of dollars from Nike, it's worth taking a moment to remember that during the the Brett Kavanaugh confirmation fight, leading Democrats peddled absurd attacks from the…

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Manziel leaves AAF game with head injury

FILE PHOTO: CFL: Hamilton Tiger-Cats at Montreal Alouettes
FILE PHOTO: Aug 3, 2018; Montreal, Quebec, CAN; Montreal Alouettes quarterback Johnny Manziel (2) throws a pass against the Hamilton Tiger-Cats during the third quarter at Percival Molson Memorial Stadium. Eric Bolte-USA TODAY Sports/File Photo

March 30, 2019

Quarterback Johnny Manziel was knocked out of his second game in the Alliance of American Football league, suffering a head injury Saturday while trying to make a tackle after throwing an interception in the end zone.

The 2012 Heisman Trophy winner completed 2 of 3 passes for 13 yards and ran three times for 18 yards for the Memphis Express before suffering the injury while going low and getting hit in the head while trying to tackle Orlando Apollos defensive back Will Hill III.

Manziel was helped off the field and later ruled out from coming back into the game.

He made his Memphis debut last weekend in a 31-25 comeback victory over the Birmingham Iron, rotating in during the second and third quarters with starter Brandon Silvers, who also started Saturday.

Manziel finished 3-of-5 passing for 48 yards in his AAF debut, adding 20 rushing yards on two carries. He also had a wild scramble behind the line that helped draw a defensive holding penalty.

Manziel, a former Cleveland Browns first-round pick, signed with the Express after being released by the CFL’s Montreal Alouettes.

–Field Level Media

Source: OANN

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Winds of change will never blow away Augusta tradition, says chairman

LPGA: Augusta National Women's Amateur - Final Round
Apr 6, 2019; Augusta, GA, USA; Augusta National chairman Fred Ridley during the awards presentation of the Augusta National Women's Amateur golf tournament at Augusta National GC. Mandatory Credit: Michael Madrid-USA TODAY Sports

April 10, 2019

By Steve Keating

AUGUSTA, Ga. (Reuters) – The winds of change continued to blow through Augusta National on Wednesday but chairman Fred Ridley made it clear that some things will never alter at the home of the Masters.

While tradition remains the bedrock of one of the world’s most exclusive clubs, Augusta National is willing to embrace new ideas when it suits as it did last week when hosting a first women’s tournament.

More changes, big and small, in both attitude and design are on the horizon.

Much of the talk coming into the year’s first major has centered on tweaks to the fifth hole, which has been stretched 40 yards with the potential to be the most difficult on the iconic layout.

While the course has undergone almost continuous renovations, some holes will never change, such as Amen Corner which Ridley declared a “sacred place”.

Outside the Augusta National walls, however, there are no such concerns.

The club has spent hundreds of millions of dollars gobbling up land for a new mega-project — building a digital broadcast compound that will require the construction of a tunnel under Washington Road — that Ridley described as the first of its kind in the State of Georgia.

“As we state every year, we’re bound to a tradition of constant improvement,” said Ridley during the chairman’s annual address. “We maintain (former club and tournament chairman) Mr. Roberts’ philosophy that nothing stands still.”

In contrast to Ridley’s forward thinking, time has often appeared to stand still at Augusta National, which did not welcome its first woman member until seven years ago.

Founded by Bobby Jones and Clifford Roberts and opened for play in January 1933, there were no mobile phones then and none are allowed on the property now.

Billy Payne, the previous Augusta chairman, said smartphones would never be welcome on the course as long as he was in charge and Ridley, who took over as the top man in 2017, sees no reason to change that policy.

The zero-tolerance mobile phone policy is one that Augusta National zealously monitors.

Anyone caught on the grounds with a cell phone is removed and there have been reports of offenders having their badge privileges revoked for life.

“I think our patrons appreciate our cell phone policy,” said Ridley. “I know that we have now become an outlier, if not the only outlier in golf, as well, at allowing cell phones.

“I don’t believe that’s a policy that anyone should expect is going to change in the near future, if ever.

“I can’t speak for future chairmen, but speaking for myself, I think we got that right.”

Manners and golf etiquette, which have slowly disappeared from many other tournaments, will also never go out of style at Augusta National, Ridley said.

No running, no pictures, no laying down on the grass and certainly no boorish or ill-timed comments are tolerated.

“We encourage our patrons to exhibit proper decorum,” said Ridley. “It’s right on the pairing sheet.

“There’s a great quote from Bobby Jones about that, and the importance of good behavior and how distressing it is for someone to applaud a bad shot, which you do hear from time to time at other places.

“There’s something about Augusta National when someone walks through the gates, they know that it’s a place of respect, of beauty, and honoring traditions and values of the game.”

(Editing by Toby Davis)

Source: OANN

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Florida firefighters buy microwave for member of ‘the greatest generation,’ department says

A Florida fire department took to Facebook on Thursday to highlight an act of kindness carried out by some of their firefighters for a “member of ‘The Greatest Generation.’”

High Springs firefighters arrived to a residence around 5:40 p.m. after a Life Alert alarm was triggered, the department posted. There wound up being no emergency, as the alarm was set off inadvertently, officials said.

FLORIDA COPS SURPRISE MAN WITH NEW BIKE AFTER HIS ‘OWN MODE OF TRANSPORTATION’ WAS STOLEN

But firefighters noticed something that they apparently took issue with.

“You see, this member of ‘The Greatest Generation’ lives alone and receives meals from the Meals on Wheels program, many of them frozen. That problem we noticed? Her microwave doesn't work."

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The Squad 29 crew quickly took action to help remedy the situation by going to a Lowe’s Home Improvement location, the department said. Not only did they pick up a new appliance for her, but they also “installed it, and cooked her dinner.”

“In Small Town USA, neighbors help neighbors,” the fire department wrote.

Source: Fox News National

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Shift in Fed dot plot overstated: Harker

FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington
FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo

March 26, 2019

FRANKFURT (Reuters) – The shift in the U.S. Federal Reserve’s interest rate projection at its March meeting was not dramatic and the significance of the move is sometimes overstated, Federal Reserve Bank of Philadelphia President Patrick Harker said on Tuesday.

“My dot… didn’t come down that much because I wasn’t up where everybody else was,” Harker told a business meeting about the Fed’s so called “dot plot” of interest rate views. “The median did shift down but it shifted down by one notch; sometimes we overstate how much of a shift that was.”

(Reporting by Balazs Koranyi, Editing by William Maclean)

Source: OANN

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A California man who allegedly fatally shot his ex-girlfriend in broad daylight last month before fleeing the country has been returned to the U.S. following his arrest in Mexico on Wednesday, authorities said.

Julio Cesar Rocha, 25, of Montlcair, is accused of shooting his 25-year-old ex-girlfriend Thalia Flores and a second unidentified male victim March 21 around 2:45 p.m. while the two were sitting in a vehicle in the parking lot of a discount store in Chino. Both communities are about 36 miles east of Los Angeles.

ARREST MADE IN DOUBLE HOMICIDE OF EX-PRO HOCKEY PLAYER, COMMUNITY ADVOCATE, POLICE SAY

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores.

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores. (City of Chino Police Department)

Flores died at the scene. The man, whose name was not released, walked to a nearby hospital where he’s recovering from his gunshot wounds.

Rocha allegedly fled the scene and remained at large for more than a month, the Daily Bulletin reported. He was formally arrested at 4:30 p.m. after arriving at Los Angeles International Airport from Mexico, KTLA-TV reported.

The suspect was booked at the West Valley Detention Center in Rancho Cucamonga on murder and attempted murder charges, the City of Chino Police Department said on Facebook.

Flores ended her seven-year relationship with Rocha just two months before her death and still lived in fear of him until that point, a sister of the victim, Bernice Flores, told the Daily Bulletin.

“He said himself so many times to other people, ‘If I can’t have her, no one will.’ ” Flores said, adding that her sister stayed in the relationship longer that she would have liked in fear that Rocha would hurt her or her family if they broke up.

Rocha was convicted on misdemeanor battery in 2016 and sentenced to 60 days in prison. He was originally charged with misdemeanor assault with a deadly weapon, but the charges were lowered in a plea deal, the Daily Bulletin reported.

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Rocha was convicted of misdemeanor resisting or obstructing a peace officer in 2014. A second charge of misdemeanor battery was dropped in a plea deal, and Rocha was ordered to complete a 26-week anger management course, according to San Bernardino County Superior Court records. Rocha was later arrested and sentenced to 10 days behind bars for failing to complete the course.

Source: Fox News National

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Multiple people died Thursday when a semitrailer plowed into stationary traffic that resulted in explosions and flames on a Colorado freeway, authorities said.

The incident occurred just before 5 p.m. in the Denver suburb of Lakewood when a truck driver lost control while traveling east on Interstate 70, according to a preliminary investigation. The collision started a chain reaction and a diesel fuel spill, Lakewood police spokesman Ty Countryman told the Denver Post.

“This is looking to be one of the worst accidents we’ve had here in Lakewood,” he said.

The driver of the runaway truck survived. At least one truck was carrying lumber, another was hauling gravel and the third may have been carrying mattresses, KDVR-TV reported.

CLICK HERE TO GET THE FOX NEWS APP

Lakewood police tweeted there were multiple fatalities but did not give a specific number. Six people were taken to a hospital. Their conditions were not released, according to the paper.

Lanes in both directions were closed and expected to remain so into Friday morning.

Source: Fox News National

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President Trump will address members and leaders of the National Rifle Association on Friday at the group’s annual convention in Indiana.

Around 80,000 gun enthusiasts and more than 800 exhibitors are expected to pack the Indiana Convention Center in Indianapolis for the three-day event, the Indianapolis Star reported. It will mark the third straight year that Trump will deliver the keynote address, where he is expected to champion the rights of gun owners.

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes,” Chris Cox, executive director of the NRA’s Institute for Legislative Action (ILA), said in a statement. “President Trump’s Supreme Court appointments ensure that the Second Amendment will be respected for generations to come. Our members are excited to hear him speak and thank him for his support for our Right to Keep and Bear Arms.”

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes.”

— Chris Cox, executive director, NRA’s Institute for Legislative Action

COLORADO ENACTS ‘RED FLAG’ LAW TO SEIZE GUNS FROM THOSE DEEMED DANGEROUS, PROMPTING BACKLASH

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

Trump and Vice President Mike Pence spoke at last year’s convention in Dallas. During his speech, Trump assured gun owners that he would protect their Second Amendment rights, according to the paper.

“Your Second Amendment rights are under siege,” Trump told the cheering audience in Dallas. “But they will never, ever be under siege as long as I am your president.”

Trump has supported some gun control measures in the past. Last year, his administration imposed a ban on bump stocks, attachments that enable semiautomatic rifles to fire in rapid bursts. Although, he most recently threatened to veto two Democratic gun control bills.

This year’s convention comes as the NRA faces outside pressure and internal problems. The group has seen its legislative agenda stall amid a series of mass shootings — including a massacre at a Parkland, Fla., high school in February 2018 that left 17 dead and launched a youth movement against gun violence.

CLICK HERE TO GET THE FOX NEWS APP

It’s also grappling with infighting in its ranks, money problems and investigations into whether Russian agents courted officials and funneled money through the group.

“I’ve never seen the NRA this vulnerable,” said John Feinblatt, president of Everytown for Gun Safety, a nonprofit that advocates for gun control measure.

The convention will run through the weekend and conclude Sunday.

The Associated Press contributed to this report.

Source: Fox News Politics

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FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London
FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London, Britain December 15, 2018. REUTERS/Simon Dawson

April 26, 2019

(Reuters) – Ailing British retailer Debenhams said two proposed company voluntary arrangements (CVA) could see all its stores remaining open during 2019, with 22 closures planned for next year, putting about 1,200 jobs at risk.

Debenhams’ lenders took control of the retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.

(Reporting by Noor Zainab Hussain in Bengaluru; editing by Gopakumar Warrier)

Source: OANN

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FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London
FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London, Britain, November 8, 2018. REUTERS/Toby Melville

April 26, 2019

BENGALURU (Reuters) – Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.

Xiaomi’s India shipments fell by 2 percent over last year, but the Beijing-based company was still the biggest smartphone brand in the country, followed by Samsung Electronics Co Ltd, according to Hong-Kong based Counterpoint Research.

Shipment volumes for Vivo jumped 119 percent, while those of Oppo rose 28 percent.

“Vivo’s expanding portfolio in the mid-tier range ($100 to $180) drove its growth along with aggressive Indian Premier League cricket campaign,” Counterpoint analysts said.

India is the world’s fastest growing market for smartphones, where affordable pricing coupled with features like “selfie” cameras and big screens have popularized Chinese brands.

Video streaming services like Netflix Inc and Hotstar, as well as heavy usage of messaging apps like Facebook Inc’s WhatsApp have further spurred demand.

“Data consumption is on the rise and users are upgrading their phones faster as compared to other regions,” Counterpoint’s Tarun Pathak said.

“As a result of this, the premium specs are now diffusing faster into the mid-tier price brands. We estimate this trend to continue leading to a competitive mid-tier segment in coming quarters.”

(Reporting By Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

Source: OANN

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