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America One News
18 Dec 2024
#politics
Breitbart: Hill Leaders Slipped Scheme into Spending Bill to Block, Stymie Investigations into Congress
A controversial provision in the stopgap spending bill could limit investigations into Congress by allowing House offices to block subpoenas for their data, including emails. Critics, including conservatives and public figures, argue this undermines transparency and accountability.
The provision has sparked backlash, with prominent voices calling for accountability and warning against the potential for abuse. Many believe it contradicts the public's demand for transparency from elected officials.
GB News: Revealed: SHOCKING number of WASPIs Labour could have compensated with train drivers’ bumper pay rise
Labour faces backlash for not compensating WASPI women affected by state pension age changes, with critics accusing the party of hypocrisy after previously supporting the campaign. The decision follows Labour's cuts to winter fuel payments, further angering pensioners.
Chancellor Rachel Reeves defended the choice, stating that most were aware of the changes, while highlighting the significant pay increases for train drivers. Critics argue this reflects a broader neglect of pensioners, with calls for action on compensation growing louder.
#economy
Breitbart: Stocks Tank As Fed Sees Fewer Rate Cuts, More Inflation Ahead
Major stock indexes fell sharply after the Federal Reserve cut interest rates by a quarter point but signaled fewer cuts and persistent inflation ahead. The Dow dropped over 500 points, while the Nasdaq and S&P 500 also saw significant declines.
Fed officials now project only two rate cuts next year, up from four, with an expected funds rate of 3.9% by the end of 2024. Inflation forecasts have also been raised, with a median projection of 2.5% for next year, indicating expectations of prolonged higher inflation.
#military
Fox News: 2 pilots die in fiery small plane crash into vacant building near Honolulu airport
A small cargo plane, Kamaka Air Flight 689, crashed into a vacant building shortly after taking off from Honolulu's airport, resulting in the deaths of both pilots. The incident occurred around 3:15 p.m., with the plane veering off course before impact.
The pilots were identified by family members as Hiram Defries and Preston Kaluhiwa. No other injuries were reported, and the FAA and National Transportation Safety Board are set to investigate the crash.
#crime
Breitbart: Techie Convicted of Murdering Cash App Founder
Nima Momeni was convicted of second-degree murder in the death of Bob Lee, the Cash App founder, after a trial in San Francisco. Momeni faces 16 years to life in prison for the stabbing that occurred following a party with Lee and Momeni’s sister.
The trial highlighted issues of drug use among the city's elite and raised questions about safety in San Francisco post-pandemic. Prosecutors argued Momeni acted out of anger, while the defense claimed self-defense. Momeni's DNA was found on the knife, undermining his self-defense argument.