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LEIBOVIT VR NEWSLETTERS – AKA VRTRADER.COM FOR MONDAY – MAY 19, 2025
NEXT PODCAST THIS WEEKEND
https://www.howestreet.com/2025/05/expect-stock-markets-to-rally-over-short-term-mark-leibovit/
U.S. Stocks Move Mostly Higher As Day Progresses, Post Strong Weekly Gains
After initially showing a lack of direction, stocks moved mostly higher over the course of the trading session on Friday. The major averages all climbed firmly into positive territory after closing mixed for two straight sessions.
The major averages ended the day near their highs of the session. The Dow advanced 331.99 points or 0.8 percent to 42,654.74, the S&P 500 climbed 41.45 points or 0.7 percent to 5,958.38 and the Nasdaq rose 98.78 points or 0.5 percent to 19,211.10.
For the week, the tech-heavy Nasdaq soared by 7.2 percent, the S&P 500 spiked by 5.3 percent and the Dow surged by 3.4 percent.
Stocks continued to benefit from recent upward momentum, which has propelled the major averages to their best closing levels in over two months.
Monday’s news of a U.S.-China trade deal temporarily slashing steep tariffs on each other’s goods generated considerable buying interest that has carried over throughout much of the week.
While uncertainty remains about the U.S. and its trade partners reaching deals that permanently lower tariffs, traders have continued to express optimism.
Meanwhile, traders largely shrugged off preliminary data from the University of Michigan showing consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month of May.
The University of Michigan said its consumer sentiment index dipped to 50.8 in May after slumping to 52.2 in April. Economists had expected the index to inch up to 53.4.
With the unexpected decrease, the consumer sentiment index has fallen to its lowest level since hitting 50.0 in June 2022.
The report also said year-ahead inflation expectations surged to 7.3 percent in May from 6.5 percent in April, reaching the highest level since a matching figure in November 1981.
Sector News
Biotechnology stocks moved sharply higher over the course of the session, driving the NYSE Arca Biotechnology Index up by 2.5 percent.
Significant strength also emerged among healthcare stocks, as reflected by the 1.9 percent gain posted by the Dow Jones U.S. Healthcare Index.
Utilities, housing and pharmaceutical stocks also saw notable strength on the day, moving higher along with most of the other major sectors.
Other Markets
In overseas trading, stock markets across the Asia-Pacific region turned in a mixed performance on Friday. China’s Shanghai Composite Index fell by 0.4 percent and Japan’s Nikkei 225 Index closed just below the unchanged line, while Australia’s S&P/ASX 200 Index advanced by 0.6 percent.
Meanwhile, the major European markets all moved to the upside on the day. While the U.K.’s FTSE 100 Index climbed by 0.6 percent, the French CAC 40 Index and the German DAX Index rose by 0.4 percent and 0.3 percent, respectively.
In the bond market, treasuries gave back ground after an early advance but still closed modestly higher. As a result, the yield on the benchmark ten-year notes, which moves opposite of its price, edged down 1.4 basis points to 4.441 percent.
Looking Ahead
Following a very busy week on the U.S. economic front, the economic calendar for next week is relatively quiet, although reports on weekly jobless claims and new and existing home sales may still attract attention along with remarks by several Federal Reserve officials.
https://tinyurl.com/38ku54a5
ORDER NOW! Get 50% Off with promo code ‘HALFOFF’
DISNEY IS AS GUILTY AS ABC – ABC NEEDS TO BE SOLD – PERHAPS TO THE DEMOCRATS OR PERHAPS COMMUNIST CHINA
FCC chair Brendan Carr sent a letter to Disney CEO Robert Iger stating, “Numerous reports indicate that Disney’s leadership went all in on invidious forms of D.E.I. discrimination a few years ago and did so in a manner that infected many aspects of your company’s decisions.”
ABC News does not fall under the FCC’s purview, but ABC’s eight-owned and operated stations are, and it wants to review whether they have violated any FCC equal employment opportunity regulations.
In addition, the FCC will also look at ABC’s policy that at least 50 percent of characters in TV pilots be from underrepresented groups.
For its part, Disney, in a statement, said, “We are reviewing the Federal Communications Commission’s letter, and we look forward to engaging with the commission to answer its questions.”
This is familiar territory for ABC News, which has already come under scrutiny from President Donald Trump. Last December, the news division settled its lawsuit with the president for $15 million over comments that anchor George Stephanopoulos made on a March 10, 2024 edition of his Sunday show, This Week.
As part of the settlement, the network included an editor’s note in the online article accompanying the broadcast, which stated: “ABC News and George Stephanopoulos regret statements regarding President Donald J. Trump made during an interview by George Stephanopoulos with Rep. Nancy Mace.”
The Associated Press reports that Disney has altered some of its D.E.I. positions in recent months. For example, it has changed the language at the beginning of some of its movies from “negative depictions and/or mistreatment of peoples or culture” to “this program is presented as originally created and may contain stereotypes or negative depictions.”
It joins NBCUniversal and Paramount Global as media companies with ties to news operations receiving the FCC treatment since the beginning of the second term of the Donald Trump administration.
The FCC does not have direct jurisdiction over NBCUniversal properties. Still, the news division could be affected by the outcome of the investigation due to its parent company, Comcast, cable and high-speed internet business, as they fall under the regulatory oversight umbrella of the FCC.
NBCUniversal is also expected to finalize the spinning off of its cable units into a separate company in the next few months, which will require government approval.
Meanwhile, Paramount Global is in the final stages of its merger with Skydance Media and needs government approval, too. On top of that, CBS News’ Sunday night newsmagazine, 60 Minutes, is facing a $20 billion lawsuit brought on by the president, who alleges the news network engaged in “deceitful” editing of a 60 Minutes interview with former Vice President Kamala Harris.
Carr made an official request for the unedited interview transcript, leading the network to publicly release the transcript and video footage of the interview on its website.
WARNER DISCOVERY IS AS GUILTY AS CNN – CNN NEEDS TO BE SOLD – PERHAPS TO THE DEMOCRATS OR PERHAPS COMMUNIST CHINA
A YEAR OLD BUT STILL A GOOD ARTICLE
https://slate.com/business/2024/02/cnbc-investing-advice-bad-making-money.html
https://www.youtube.com/@NewsmaxTV/featured
THE CASE FOR ABOLISHING THE FEDERAL RESERVE
https://www.youtube.com/@NewsmaxTV/featured
COME ON, DAD. IT’S TIME TO EAT
DISCLAIMER:
WE ARE NOT FINANCIAL ADVISORS AND DO NOT PROVIDE FINANCIAL ADVICE
The website, LeibovitVRNewsletters.com, is published by LeibovitVRNewsletters LLC.
In using LeibovitVRnewsletters.com (a/k/a LeibovitVRNewsletters LLC) you agree to these Terms & Conditions governing the use of the service. These Terms & Conditions are subject to change without notice. We are publishers and are not registered as a broker-dealer or investment adviser either with the U.S. Securities and Exchange Commission or with any state securities authority.
All stocks and ETFs discussed are HYPOTHETICAL and not actual trades whose actual execution may differ markedly from prices posted on the website and in emails. This may be due internet connectivity, quote delays, data entry errors and other market conditions. Hypothetical or simulated performance results have certain inherent limitations as to liquidity and execution among other variables. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE FORECASTING ACCURACY OR PROFITABLE TRADING RESULTS.
All investments are subject to risk, which should be considered on an individual basis before making any investment decision. We are not responsible for errors and omissions. These publications are intended solely for information and educational purposes only and the content within is not to be construed, under any circumstances, as an offer to buy or to sell or a solicitation to buy or sell or trade in any commodities or securities named within.
All commentary is provided for educational purposes only. This material is based upon information we consider reliable. However, accuracy is not guaranteed. Subscribers should always do their own investigation before investing in any security. Furthermore, you cannot be assured that your will profit or that any losses can or will be limited. It is important to know that no guarantee of any kind is implied nor possible where projections of future conditions in the markets are attempted.
Stocks and ETFs may be held by principals of LeibovitVRNewsletters LLC whose personal investment decisions including entry and exit points may differ from guidelines posted.
LeibovitVRNewsletters.com cannot and do not assess, verify or guarantee the suitability or profitability of any particular investment. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. As an express condition of using this service and anytime after ending the service, you agree not to hold LeibovitVRNewsletters.com or any employees liable for trading losses, lost profits or other damages resulting from your use of information on the Site in any form (Web-based, email-based, or downloadable software), and you agree to indemnify and hold LeibovitVRNewsletters.com and its employees harmless from and against any and all claims, losses, liabilities, costs, and expenses (including but not limited to attorneys’ fees) arising from your violation of this agreement. This paragraph is not intended to limit rights available to you or to us that may be available under the federal securities laws.
For rights, permissions, subscription and customer service, contact the publisher at mark.vrtrader@gmail.com or call at 928-282-1275 or mail to 10632 N. Scottsdale Road B-426, Scottsdale, AZ 85254.
The Leibovit Volume Reversal, Volume Reversal and Leibovit VR are registered trademarks.
© Copyright 2025. All rights reserved.
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LEIBOVIT VR NEWSLETTERS AKA – VRTRADER.COM – FRIDAY – MAY 16, 2025 – DEMOCRATS HATE TRUMP BUT THE WORLD LOVES HIM
NEXT PODCAST THIS WEEKEND
https://www.howestreet.com/2025/05/expect-stock-markets-to-rally-over-short-term-mark-leibovit/
P 500 Sees Further Upside But Nasdaq Gives Back Ground
After experiencing choppy trading during Wednesday’s session, stocks turned in another relatively lackluster performance during trading on Thursday. The major averages fluctuated over the course of the day before eventually closing mixed.
While the Nasdaq dipped 34.49 points or 0.2 percent to 19,112.32, the S&P 500 rose 24.35 points or 0.4 percent to 5,916.93 and the Dow climbed 271.69 points or 0.7 percent at 42,322.75.
With the upward move, the S&P 500 closed higher for the fourth straight session, reaching its highest closing level in well over two months.
The choppy trading on day came as traders digested an avalanche of U.S. economic data, including a Labor Department report showing producer prices unexpectedly decreased in the month of April.
The Labor Department said its producer price index for final demand fell by 0.5 percent in April following a revised unchanged reading in March.
Economists had expected producer prices to rise by 0.2 percent compared to the 0.4 percent decline originally reported for the previous month.
Another report released by the Commerce Department showed a slight increase by U.S. retail sales in the month of April.
The Commerce Department said retail sales crept up by 0.1 percent in April after surging by an upwardly revised 1.7 percent in March.
Economists had expected retail sales to inch up by 0.1 percent compared to the 1.4 percent jump originally reported for the previous month.
Excluding sales by motor vehicle and parts dealers, retail sales still edged up by 0.1 percent in April after climbing by 0.8 percent in March. Ex-auto sales were expected to rise by 0.3 percent.
Meanwhile, the Federal Reserve released a report on showing industrial production in the U.S. came in unchanged in the month of April.
The Fed said industrial production was unchanged in April after falling by 0.3 percent in March. Economists had expected industrial production to rise by 0.2 percent.
While utilities output surged by 3.3 percent in April after plunging by 6.2 percent in March, manufacturing and mining output fell by 0.4 percent and 0.3 percent, respectively.
Sector News
Pharmaceutical stocks showed a strong move back to the upside following a recent slump, with the NYSE Arca Pharmaceutical Index surging by 2.6 percent after ending Wednesday’s trading at its lowest closing level in a month.
Significant strength was also visible among utility stocks, as reflected by the 2.4 percent jump by the Dow Jones Utility Average.
Gold, biotechnology and commercial real estate stocks also saw considerable strength, while oil service and airline stocks showed notable moves to the downside.
Other Markets
In overseas trading, stock markets across the Asia-Pacific region moved mostly lower during trading on Thursday. Japan’s Nikkei 225 Index slumped by 1.0 percent, while China’s Shanghai Composite Index slid by 0.7 percent.
Meanwhile, the major European markets moved to the upside on the day. While the German DAX Index advanced by 0.7 percent, the U.K.’s FTSE 100 Index climbed by 0.6 percent and the French CAC 40 Index rose by 0.2 percent.
In the bond market, treasuries regained ground after trending lower over the past several sessions. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, tumbled 7.3 basis points to 4.455 percent.
Looking Ahead
Trading on Friday may be impacted by reaction to the latest batch of U.S. economic data, including reports on consumer sentiment, import and export prices and housing starts.
https://tinyurl.com/38ku54a5
ORDER NOW! Get 50% Off with promo code ‘HALFOFF’
Supreme Court Justice Ketanji Brown Jackson, who this week condemned the attacks President Donald Trump and his allies have made against judges who are blocking the administration’s policies, failed to take historic precedent into her comments, according to Harvard Law professor emeritus Alan Dershowitz on Newsmax Friday.
“This is not new,” Dershowitz told Newsmax’s “The Record With Greta Van Susteren.” “Thomas Jefferson attacked judges appointed by John Adams much, much more ferociously. [Abraham] Lincoln attacked judges, indeed, suspended the writ of habeas corpus. Franklin Delano Roosevelt intimidated judges, threatened that he would pack the court, and that resulted in the switch in time that saved nine.”
Jackson, speaking at a judges’ conference in Puerto Rico Thursday, said that the attacks against judges are “not random” but are designed to “intimidate those of us who serve in this critical capacity,” reported Politico.
She also called the threats from the administration “attacks on our democracy, on our system of government,” and said they “ultimately risk undermining our Constitution and the rule of law.”
But Dershowitz told host Greta Van Susteren that Jackson has “no credibility unless she puts her criticisms in historical context” and goes after Senate Minority Leader Chuck Schumer, D-N.Y., for his comments about the judiciary or after other judges.
“Arguments between the judiciary and the executive are as old as our nation,” Dershowitz said.
Dershowitz acknowledged that he also says “rotten things about judges,” adding he’ll “continue to do so as long as judges do rotten things and don’t obey the Constitution.”
Judges are not above the law, he continued.
“The judge who sat on the disgraceful New York trial of Donald Trump for doing something that wasn’t even illegal deserves condemnation,” Dershowitz said, referring to Trump’s records case.
“The judge in D.C., who didn’t recuse himself, notwithstanding the fact that his daughter is deeply involved in deportation — these judges deserve to be criticized. I will continue to criticize them, as I have in my 60-year career.”
Judges, he added, “deserve acceptance based only on the quality of their opinions, not on the fact that they’re wearing robes.”
Dershowitz also argued that lawyers who won’t fight against judges are “cowards” who are afraid on behalf of their clients.
“I have been in courtrooms where judges have done horrible things, and the lawyers whispered to me, ‘Oh, my God, I wish I had the guts to stand up and tell him what I think,'” he said. “But judges take it out on lawyers who don’t treat them with the kind of reverence that they want to be treated with. So I’m completely in favor of judges being subject to scrutiny and to criticism.”
Dershowitz also said that Trump’s convictions in New York will be appealed, even though a sentence wasn’t handed down, and he believes it will ultimately reach the Supreme Court.
“He gave a sentence that was a nonsentence, but it’s enough to end the case and allow him to appeal,” said Dershowitz of New York Judge Juan Merchan. “The court may say, ‘Wait a minute. There was no sentence, so we have no jurisdiction.’
“I don’t think they’re going to do that. I think they’re going to handle the appeal. I think they’re going to reverse the conviction. And if they don’t reverse the conviction, a higher court will. This is the weakest case in my 60 years of practicing law that I have ever seen.”
https://tinyurl.com/yyfkya7c
DISNEY IS AS GUILTY AS ABC – ABC NEEDS TO BE SOLD – PERHAPS TO THE DEMOCRATS OR PERHAPS COMMUNIST CHINA
FCC chair Brendan Carr sent a letter to Disney CEO Robert Iger stating, “Numerous reports indicate that Disney’s leadership went all in on invidious forms of D.E.I. discrimination a few years ago and did so in a manner that infected many aspects of your company’s decisions.”
ABC News does not fall under the FCC’s purview, but ABC’s eight-owned and operated stations are, and it wants to review whether they have violated any FCC equal employment opportunity regulations.
In addition, the FCC will also look at ABC’s policy that at least 50 percent of characters in TV pilots be from underrepresented groups.
For its part, Disney, in a statement, said, “We are reviewing the Federal Communications Commission’s letter, and we look forward to engaging with the commission to answer its questions.”
This is familiar territory for ABC News, which has already come under scrutiny from President Donald Trump. Last December, the news division settled its lawsuit with the president for $15 million over comments that anchor George Stephanopoulos made on a March 10, 2024 edition of his Sunday show, This Week.
As part of the settlement, the network included an editor’s note in the online article accompanying the broadcast, which stated: “ABC News and George Stephanopoulos regret statements regarding President Donald J. Trump made during an interview by George Stephanopoulos with Rep. Nancy Mace.”
The Associated Press reports that Disney has altered some of its D.E.I. positions in recent months. For example, it has changed the language at the beginning of some of its movies from “negative depictions and/or mistreatment of peoples or culture” to “this program is presented as originally created and may contain stereotypes or negative depictions.”
It joins NBCUniversal and Paramount Global as media companies with ties to news operations receiving the FCC treatment since the beginning of the second term of the Donald Trump administration.
The FCC does not have direct jurisdiction over NBCUniversal properties. Still, the news division could be affected by the outcome of the investigation due to its parent company, Comcast, cable and high-speed internet business, as they fall under the regulatory oversight umbrella of the FCC.
NBCUniversal is also expected to finalize the spinning off of its cable units into a separate company in the next few months, which will require government approval.
Meanwhile, Paramount Global is in the final stages of its merger with Skydance Media and needs government approval, too. On top of that, CBS News’ Sunday night newsmagazine, 60 Minutes, is facing a $20 billion lawsuit brought on by the president, who alleges the news network engaged in “deceitful” editing of a 60 Minutes interview with former Vice President Kamala Harris.
Carr made an official request for the unedited interview transcript, leading the network to publicly release the transcript and video footage of the interview on its website.
WARNER DISCOVERY IS AS GUILTY AS CNN – CNN NEEDS TO BE SOLD – PERHAPS TO THE DEMOCRATS OR PERHAPS COMMUNIST CHINA
A YEAR OLD BUT STILL A GOOD ARTICLE
https://slate.com/business/2024/02/cnbc-investing-advice-bad-making-money.html
https://www.youtube.com/@NewsmaxTV/featured
THE CASE FOR ABOLISHING THE FEDERAL RESERVE
https://www.youtube.com/@NewsmaxTV/featured
COME ON, DAD. IT’S TIME TO EAT
DISCLAIMER:
WE ARE NOT FINANCIAL ADVISORS AND DO NOT PROVIDE FINANCIAL ADVICE
The website, LeibovitVRNewsletters.com, is published by LeibovitVRNewsletters LLC.
In using LeibovitVRnewsletters.com (a/k/a LeibovitVRNewsletters LLC) you agree to these Terms & Conditions governing the use of the service. These Terms & Conditions are subject to change without notice. We are publishers and are not registered as a broker-dealer or investment adviser either with the U.S. Securities and Exchange Commission or with any state securities authority.
All stocks and ETFs discussed are HYPOTHETICAL and not actual trades whose actual execution may differ markedly from prices posted on the website and in emails. This may be due internet connectivity, quote delays, data entry errors and other market conditions. Hypothetical or simulated performance results have certain inherent limitations as to liquidity and execution among other variables. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE FORECASTING ACCURACY OR PROFITABLE TRADING RESULTS.
All investments are subject to risk, which should be considered on an individual basis before making any investment decision. We are not responsible for errors and omissions. These publications are intended solely for information and educational purposes only and the content within is not to be construed, under any circumstances, as an offer to buy or to sell or a solicitation to buy or sell or trade in any commodities or securities named within.
All commentary is provided for educational purposes only. This material is based upon information we consider reliable. However, accuracy is not guaranteed. Subscribers should always do their own investigation before investing in any security. Furthermore, you cannot be assured that your will profit or that any losses can or will be limited. It is important to know that no guarantee of any kind is implied nor possible where projections of future conditions in the markets are attempted.
Stocks and ETFs may be held by principals of LeibovitVRNewsletters LLC whose personal investment decisions including entry and exit points may differ from guidelines posted.
LeibovitVRNewsletters.com cannot and do not assess, verify or guarantee the suitability or profitability of any particular investment. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. As an express condition of using this service and anytime after ending the service, you agree not to hold LeibovitVRNewsletters.com or any employees liable for trading losses, lost profits or other damages resulting from your use of information on the Site in any form (Web-based, email-based, or downloadable software), and you agree to indemnify and hold LeibovitVRNewsletters.com and its employees harmless from and against any and all claims, losses, liabilities, costs, and expenses (including but not limited to attorneys’ fees) arising from your violation of this agreement. This paragraph is not intended to limit rights available to you or to us that may be available under the federal securities laws.
For rights, permissions, subscription and customer service, contact the publisher at mark.vrtrader@gmail.com or call at 928-282-1275 or mail to 10632 N. Scottsdale Road B-426, Scottsdale, AZ 85254.
The Leibovit Volume Reversal, Volume Reversal and Leibovit VR are registered trademarks.
© Copyright 2025. All rights reserved.
[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]
LEIBOVIT VR NEWSLETTERS AKA VRTRADER.COM – THURSDAY – MAY 15, 2025
https://www.howestreet.com/2025/05/expect-stock-markets-to-rally-over-short-term-mark-leibovit/
U.S. Markets Finish Mixed On Wednesday
After moving to the upside at the start of trading on Wednesday, stocks showed a lack of direction over the course of the session – bouncing back and forth across the unchanged line before finishing mixed.
The Dow slumped 89.37 points or 0.21 percent to finish at 42,051.06, while the NASDAQ rallied 136.72 points or 0.72 percent to close at 19,146.81 and the S&P 500 rose 6.03 points or 0.10 percent to end at 5,892.58.
The choppy trading on Wall Street came as traders took a step back to assess the recent rally by the markets, which has seen the S&P 500 rebound strongly from its early April lows to turn positive for 2025.
While trade deals between the U.S. and China and the U.K. have helped ease concerns about President Donald Trump’s trade policies, uncertainty about the eventual outcome continues to hang over the markets.
Traders also were reluctant to make more significant moves ahead of the release of a slew of U.S. economic data on Thursday, including producer prices, retail sales and industrial production. A speech by Federal Reserve Chair Jerome Powell is also likely to attract attention.
While most of the major sectors are showing only modest moves on the day, gold stocks have moved sharply lower along with the price of the precious metal, dragging the NYSE Arca Gold Bugs Index down by 2.8 percent.
Considerable weakness is also visible among pharmaceutical stocks, as reflected by the 1.7 percent loss being posted by the NYSE Arca Pharmaceutical Index.
Utilities, healthcare and oil producer stocks are also seeing notable weakness, while computer hardware stocks are showing another strong move to the upside.
In overseas trading, stock markets across the Asia-Pacific region moved mostly higher during trading on Wednesday. Hong Kong’s Hang Seng Index surged by 2.3 percent, while China’s Shanghai Composite Index advanced by 0.9 percent.
Meanwhile, the major European markets have moved to the downside on the day. The U.K.’s FTSE 100 Index fell 0.21 percent, while Germany’s DAX Index and the French CAC 40 Index both slipped 0.47 percent.
In the bond market, treasuries have pulled back near the unchanged line after seeing initial strength. Currently, the yield on the benchmark ten-year note, which moves opposite of its price, is down by less than a basis point at 4.497 percent.
https://tinyurl.com/38ku54a5
ORDER NOW! Get 50% Off with promo code ‘HALFOFF’
Supreme Court Justice Ketanji Brown Jackson, who this week condemned the attacks President Donald Trump and his allies have made against judges who are blocking the administration’s policies, failed to take historic precedent into her comments, according to Harvard Law professor emeritus Alan Dershowitz on Newsmax Friday.
“This is not new,” Dershowitz told Newsmax’s “The Record With Greta Van Susteren.” “Thomas Jefferson attacked judges appointed by John Adams much, much more ferociously. [Abraham] Lincoln attacked judges, indeed, suspended the writ of habeas corpus. Franklin Delano Roosevelt intimidated judges, threatened that he would pack the court, and that resulted in the switch in time that saved nine.”
Jackson, speaking at a judges’ conference in Puerto Rico Thursday, said that the attacks against judges are “not random” but are designed to “intimidate those of us who serve in this critical capacity,” reported Politico.
She also called the threats from the administration “attacks on our democracy, on our system of government,” and said they “ultimately risk undermining our Constitution and the rule of law.”
But Dershowitz told host Greta Van Susteren that Jackson has “no credibility unless she puts her criticisms in historical context” and goes after Senate Minority Leader Chuck Schumer, D-N.Y., for his comments about the judiciary or after other judges.
“Arguments between the judiciary and the executive are as old as our nation,” Dershowitz said.
Dershowitz acknowledged that he also says “rotten things about judges,” adding he’ll “continue to do so as long as judges do rotten things and don’t obey the Constitution.”
Judges are not above the law, he continued.
“The judge who sat on the disgraceful New York trial of Donald Trump for doing something that wasn’t even illegal deserves condemnation,” Dershowitz said, referring to Trump’s records case.
“The judge in D.C., who didn’t recuse himself, notwithstanding the fact that his daughter is deeply involved in deportation — these judges deserve to be criticized. I will continue to criticize them, as I have in my 60-year career.”
Judges, he added, “deserve acceptance based only on the quality of their opinions, not on the fact that they’re wearing robes.”
Dershowitz also argued that lawyers who won’t fight against judges are “cowards” who are afraid on behalf of their clients.
“I have been in courtrooms where judges have done horrible things, and the lawyers whispered to me, ‘Oh, my God, I wish I had the guts to stand up and tell him what I think,'” he said. “But judges take it out on lawyers who don’t treat them with the kind of reverence that they want to be treated with. So I’m completely in favor of judges being subject to scrutiny and to criticism.”
Dershowitz also said that Trump’s convictions in New York will be appealed, even though a sentence wasn’t handed down, and he believes it will ultimately reach the Supreme Court.
“He gave a sentence that was a nonsentence, but it’s enough to end the case and allow him to appeal,” said Dershowitz of New York Judge Juan Merchan. “The court may say, ‘Wait a minute. There was no sentence, so we have no jurisdiction.’
“I don’t think they’re going to do that. I think they’re going to handle the appeal. I think they’re going to reverse the conviction. And if they don’t reverse the conviction, a higher court will. This is the weakest case in my 60 years of practicing law that I have ever seen.”
https://tinyurl.com/yyfkya7c
DISNEY IS AS GUILTY AS ABC – ABC NEEDS TO BE SOLD – PERHAPS TO THE DEMOCRATS OR PERHAPS COMMUNIST CHINA
FCC chair Brendan Carr sent a letter to Disney CEO Robert Iger stating, “Numerous reports indicate that Disney’s leadership went all in on invidious forms of D.E.I. discrimination a few years ago and did so in a manner that infected many aspects of your company’s decisions.”
ABC News does not fall under the FCC’s purview, but ABC’s eight-owned and operated stations are, and it wants to review whether they have violated any FCC equal employment opportunity regulations.
In addition, the FCC will also look at ABC’s policy that at least 50 percent of characters in TV pilots be from underrepresented groups.
For its part, Disney, in a statement, said, “We are reviewing the Federal Communications Commission’s letter, and we look forward to engaging with the commission to answer its questions.”
This is familiar territory for ABC News, which has already come under scrutiny from President Donald Trump. Last December, the news division settled its lawsuit with the president for $15 million over comments that anchor George Stephanopoulos made on a March 10, 2024 edition of his Sunday show, This Week.
As part of the settlement, the network included an editor’s note in the online article accompanying the broadcast, which stated: “ABC News and George Stephanopoulos regret statements regarding President Donald J. Trump made during an interview by George Stephanopoulos with Rep. Nancy Mace.”
The Associated Press reports that Disney has altered some of its D.E.I. positions in recent months. For example, it has changed the language at the beginning of some of its movies from “negative depictions and/or mistreatment of peoples or culture” to “this program is presented as originally created and may contain stereotypes or negative depictions.”
It joins NBCUniversal and Paramount Global as media companies with ties to news operations receiving the FCC treatment since the beginning of the second term of the Donald Trump administration.
The FCC does not have direct jurisdiction over NBCUniversal properties. Still, the news division could be affected by the outcome of the investigation due to its parent company, Comcast, cable and high-speed internet business, as they fall under the regulatory oversight umbrella of the FCC.
NBCUniversal is also expected to finalize the spinning off of its cable units into a separate company in the next few months, which will require government approval.
Meanwhile, Paramount Global is in the final stages of its merger with Skydance Media and needs government approval, too. On top of that, CBS News’ Sunday night newsmagazine, 60 Minutes, is facing a $20 billion lawsuit brought on by the president, who alleges the news network engaged in “deceitful” editing of a 60 Minutes interview with former Vice President Kamala Harris.
Carr made an official request for the unedited interview transcript, leading the network to publicly release the transcript and video footage of the interview on its website.
WARNER DISCOVERY IS AS GUILTY AS CNN – CNN NEEDS TO BE SOLD – PERHAPS TO THE DEMOCRATS OR PERHAPS COMMUNIST CHINA
A YEAR OLD BUT STILL A GOOD ARTICLE
https://slate.com/business/2024/02/cnbc-investing-advice-bad-making-money.html
https://www.youtube.com/@NewsmaxTV/featured
THE CASE FOR ABOLISHING THE FEDERAL RESERVE
https://www.youtube.com/@NewsmaxTV/featured
COME ON, DAD. IT’S TIME TO EAT
DISCLAIMER:
WE ARE NOT FINANCIAL ADVISORS AND DO NOT PROVIDE FINANCIAL ADVICE
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