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The White House said Wednesday that President Biden will be ready for anything during Thursday night’s upcoming State of the Union address, including hecklers.

White House press secretary Karine Jean-Pierre was asked during Wednesday’s briefing whether Biden was prepared for hecklers during the State of the Union.

Last year, chaos erupted briefly in the House chamber when Biden repeated an old Democratic talking point that has long been debunked, saying, ‘Some Republicans want Medicare and Social Security to sunset.’

Biden said that stance was not from the majority, though he invited anyone who doubted his claim to contact his office and he would provide them with a copy of the proposal.

Still, after making the statement, Rep. Marjorie Taylor Greene, R-Ga, shouted, ‘Liar!’

The hecklers became so bad, then-House Speaker Kevin McCarthy, R-Calif., shushed them when they interrupted the president’s tribute to a fentanyl victim.

So, when asked whether Biden would be prepared for hecklers this year, Jean-Pierre referred the reporter to how the president handled the hecklers last year.

‘Look, you saw the president last year when some Republican members behaved in a way that was, I would say, disrespectful. And he handled that, and he did that on his own and he held them to account as it related to important programs that matter to the American people: Social Security, Medicare, Medicaid,’ Jean-Pierre said. ‘He called them out on it as they were obviously heckling at him. And so, the president’s ready for anything.’

She was asked again about the president’s preparation, and said he knows how to manage hecklers, as he showed in February 2023.

‘Nobody was expecting that,’ Jean-Pierre said. ‘And he took them on and laid out and fought for the American people on programs that matter to them. And so, he, you know, he got this. The President’s got this.’

Jean-Pierre gave a preview of what Biden is expected to talk about during Thursday’s annual speech to the nation.

‘He’s gotten more done in the first three years than most presidents have accomplished in two terms,’ said Jean-Pierre, who added Biden will talk about the success of lowering drug prices and getting rid of junk fees.

Biden will also talk about his plan to ‘improve the lives of all Americans,’ by lowering costs on health care premiums, taking on Big Pharma to lower drug prices and making the wealthy and corporations pay their ‘fair share’ in taxes.

Additionally, Jean-Pierre said the president will speak about protecting women’s reproductive health despite attacks from Republican elected officials, and ending cancer as we know it, among other things.

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The House of Representatives has passed a $460 billion bill to fund part of the federal government for the remainder of fiscal year 2024.

As expected, more Democrats voted for the bill than Republicans, and it passed 339-85. The issue of how to fund the government has splintered the House GOP’s razor-thin majority for much of this congressional term, with Republican hardliners pressuring their conference to drift toward significant spending cuts and conservative policy riders that the Democrats who control the White House and Senate have called nonstarters.

The 1,050-page bipartisan legislation is a package of six bills dealing with departments and agencies whose funding expires on Friday — Agriculture and the Food and Drug Administration (FDA); the Justice and Commerce Departments; Energy and Water Development; the Department of Interior; and Transportation and Housing.

Funding tied to Congress’ six remaining bills, which include the Department of Homeland Security and the Pentagon, expires on March 22.

Fox News Digital first reported last month that House GOP leaders were planning to jettison an earlier promise to pass 12 individual spending bills, something conservatives rallied around. Sources who spoke with Fox News Digital at the time blamed the Senate’s inaction on the seven individual bills passed by the House, which included elements Democrats dismissed as ‘poison pills.’

Confronted with the broken promise during his weekly press conference on Wednesday, House Speaker Mike Johnson countered that change was incremental in Washington and pointed out that splitting the 12 bills into at least two packages ended the Democrat-backed tradition of folding them all into a massive ‘omnibus’ spending bill, which has been the case since 2018.

‘We committed to do 12 separate appropriations bills… the reason that it’s been so difficult to do it is because Washington has no muscle memory on how to do that,’ Johnson said.

‘It takes a long time to turn an aircraft carrier, and we’re doing that gradually. We’re forcing reforms, trying to force Congress back into the mode, the statutory mode, the lawful mode, and the way in which it’s supposed to work with regard to government funding.’

But GOP hardliners are still unhappy with the bill, arguing Johnson did not fight hard enough for conservative policy reforms and steeper spending cuts.

The House Freedom Caucus insisted, without elaborating, that it was still an ‘omnibus’ spending bill.

‘Despite giving Democrats higher spending levels, the omnibus text released so far punts on nearly every single Republican policy priority. Worst of all, the omnibus surrenders Republicans’ leverage to force radical Democrats to the table to truly secure the southern border and end the purposeful, dangerous mass release of illegal aliens into the United States,’ the group said.

Democrats, meanwhile, were jubilant that the bill did not include right-wing measures on abortion access, transgender care and critical race theory, among others.

‘I am very proud to say we successfully defeated the vast majority of the extreme cuts and hundreds of harmful policy riders proposed by House Republicans,’ Rep. Rosa DeLauro, D-Conn., the top Democrat on the House Appropriations Committee, said before the final vote.

The bill now heads to the Senate, where it’s expected to pass, before hitting President Biden’s desk.

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Former President Donald Trump is calling for debates between himself and President Biden ahead of the 2024 general election, saying he is willing to participate ‘anytime, anywhere, anyplace.’ 

Trump, the 2024 GOP frontrunner and presumptive nominee, posted his offer on his Truth Social on Wednesday afternoon — just hours after former South Carolina Gov. Nikki Haley, his last-standing Republican opponent, suspended her campaign. 

‘It is important, for the Good of our Country, that Joe Biden and I Debate Issues that are so vital to America, and the American People,’ Trump posted Wednesday. ‘Therefore, I am calling for Debates, ANYTIME, ANYWHERE, ANYPLACE! The Debates can be run by the Corrupt DNC, or their Subsidiary, the Commission on Presidential Debates (CPD).’ 

‘I look forward to receiving a response. Thank you for your attention to this matter!’ Trump added. 

The Biden campaign fired back, shortly after Trump’s invitation. 

‘I know Donald Trump’s thirsty for attention and struggling to expand his appeal beyond the MAGA base — and that’s a conversation we’ll have at the appropriate time in this cycle,’ Biden campaign communications director Michael Tyler told Fox News Digital. ‘But if he’s so desperate to see President Biden in prime time, he doesn’t have to wait!’ 

‘He can join the tens of millions of Americans who will tune in to watch the State of the Union tomorrow night,’ Tyler continued. ‘He might even learn a thing or two about bringing people together and actually delivering for the American people.’

Trump, also on Truth Social on Wednesday, signaled he would be watching Biden’s State of the Union — but will use it to campaign. 

‘I am pleased to inform you that tomorrow night we will be doing a LIVE, Play by Play, of Crooked Joe Biden’s State of the Union Address,’ Trump posted. ‘I will correct, in rapid response, any and all inaccurate Statements, especially pertaining to the Border and his Weaponization of the DOJ, FBI, A.G.s, and District Attorneys, to go after his Political Opponent, ME (something never done before in this Country!).’ 

Trump added: ‘We did this once before to tremendous success – Beating All Records. It is important for the Country to get the TRUTH!’ 

Meanwhile, as for potential debates, the Republican National Committee (RNC) in 2022 unanimously voted to withdraw from the Commission on Presidential Debates (CPD). 

The RNC clarified that it is not moving away from the presidential debate format, but is rather objecting to the CPD’s control over the process. The CPD has organized presidential and vice presidential debates for more than 30 years.

‘Debates are an important part of the democratic process, and the RNC is committed to free and fair debates,’ RNC Chairwoman Ronna McDaniel said in a statement at the time. ‘The Commission on Presidential Debates is biased and has refused to enact simple and commonsense reforms to help ensure fair debates including hosting debates before voting begins and selecting moderators who have never worked for candidates on the debate stage.’

The RNC, at the time, also added that a majority of the CPD’s board members had publicly disparaged former President Trump prior to the 2020 debates.

Earlier in the day, White House press secretary Karine Jean-Pierre was asked if Biden would debate Trump, but she did not directly respond. 

‘That’s something for the campaign to speak to,’ Jean-Pierre said. 

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House Speaker Mike Johnson launched a fundraising hub in an effort to grow the Republicans’ majority in the House of Representatives in 2024 following former President Trump’s near-sweep of critical Super Tuesday primary contests. 

The Trump victories prompted former South Carolina Gov. Nikki Haley to suspend her presidential campaign Wednesday morning. 

In a video first obtained by Fox News Digital on Wednesday afternoon, the House speaker congratulated Trump and declared the former president the GOP nominee. 

‘Congratulations to President Donald Trump on now winning primary victories across our country!’ Johnson, R-La., said in a statement. ‘President Trump is our nominee and the American people are ready to return to secure borders, economic prosperity, and peace through strength we experienced under his leadership.’ 

Johnson said he looks forward ‘to working together to retake the White House and grow our majority in Congress.’

‘When we grow this majority and when President Trump is returned to the White House – I’m convinced all those things are going to happen – we’re going to do a 180-degree turn,’ Johnson said. 

Johnson introduced a new website, growthemajority.com, which details ‘three reasons why the 2024 election is critical.’ 

‘1. The GOP House majority is one of the smallest majorities in American history,’ the website states. ‘We only have a razor-thin advantage over Democrats. That means we have to defend EVERY seat we have and gain more to be in a position to reverse the chaos caused by the Biden administration.’ 

Next, the website states that if Republicans ‘don’t win in 2024, open borders, amnesty, and voting rights for millions of illegal immigrants will be a top priority for Democrats.’ 

And the third point on the website said: ‘If the Democrats have their way, 2024 may be the last chance to win a majority in both legislative chambers for DECADES.’ 

‘The battle to defend and expand our House majority begins right here, right now,’ the website states, asking voters to donate. ‘We can’t afford to lose this time around.’ 

The website requests visitors donate ‘$20.24’ in an effort to ‘expand the majority in 2024.’ It also gives other more traditional donation amounts, and an ‘other’ section. 

The website launch comes after Johnson spent Presidents Day last month with Trump at Mar-a-Lago. The two discussed the 2024 election cycle. 

‘Speaker Johnson met with President Trump in Florida on Monday to discuss growing the majority and securing Republican victories up and down the ballot in November,’ Johnson campaign spokesman Greg Steele told Fox News Digital on Feb. 20. 

Attending the meeting with Johnson was Rep. Richard Hudson, R-N.C., chairman of the National Republican Congressional Committee (NRCC), the House GOP’s campaign arm. They were in Florida for the House GOP leadership’s annual retreat.

House Republican leaders have made an unprecedented show of unity around Trump as he seeks the GOP nomination for president.

Johnson endorsed Trump for president in November last year, days after he won the speaker’s gavel.

Fox News Digital’s Liz Elkind contributed to this report. 

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The Supreme Court will hear arguments on whether former President Donald Trump is immune from prosecution in Special Counsel Jack Smith’s election interference case on April 25. 

The Supreme Court last week agreed it would review whether Trump has immunity from prosecution in Smith’s case and said it would fast-track the appeal. 

A ruling from the high court is expected by late June. 

Trump’s criminal trial has been put on hold pending resolution on the matter. 

Trump and his legal team, in requesting the Supreme Court review the issue of presidential immunity, said that ‘if the prosecution of a President is upheld, such prosecutions will recur and become increasingly common, ushering in destructive cycles of recrimination.’ 

‘Criminal prosecution, with its greater stigma and more severe penalties, imposes a far greater ‘personal vulnerability’ on the President than any civil penalty,’ the request states. ‘The threat of future criminal prosecution by a politically opposed Administration will overshadow every future President’s official acts — especially the most politically controversial decisions.’

Trump’s request states that the president’s ‘political opponents will seek to influence and control his or her decisions via effective extortion or blackmail with the threat, explicit or implicit, of indictment by a future, hostile Administration, for acts that do not warrant any such prosecution.’

Smith charged the former president with conspiracy to defraud the United States; conspiracy to obstruct an official proceeding; obstruction of and attempt to obstruct an official proceeding; and conspiracy against rights. Those charges stemmed from Smith’s investigation into whether Trump was involved in the Jan. 6 Capitol riot and any alleged interference in the 2020 election result.

Trump pleaded not guilty to all charges in August.

This will be the second time this term the Supreme Court will hear a case involving the presumed Republican presidential nominee. 

On Monday, the Supreme Court sided unanimously with the 2024 GOP frontrunner in his challenge to Colorado’s attempt to kick him off the 2024 primary ballot. 

The high court ruled in favor of Trump’s arguments in the case, which will impact the status of efforts in several other states to remove the likely GOP nominee from their respective ballots. 

The court considered for the first time the meaning and reach of Article 3 of the 14th Amendment, which bars former officeholders who ‘engaged in insurrection’ from holding public office again. Challenges have been filed to remove Trump from the 2024 ballot in over 30 states.

In reacting to that ruling on Monday, Trump shifted his sights to the issue of presidential immunity. 

‘A great win for America. Very, very important!’ Trump told Fox News Digital in an exclusive interview Monday morning. 

‘Equally important for our country will be the decision that they will soon make on immunity for a president — without which, the presidency would be relegated to nothing more than a ceremonial position, which is far from what the founders intended,’ Trump told Fox News Digital. ‘No president would be able to properly and effectively function without complete and total immunity.’ 

He added, ‘Our country would be put at great risk.’ 

Fox News’ Shannon Bream and Bill Mears contributed to this report. 

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Sen. Joni Ernst, R-Iowa, endorsed former President Donald Trump to be the Republican presidential nominee on Wednesday, becoming the final member of the Senate GOP leadership conference to do so. 

‘We must beat Joe Biden and get this country back on track,’ Ernst wrote on X, formerly Twitter, on Wednesday. ‘Donald Trump has my support.’

Ernst’s endorsement comes a day after Trump swept nearly 1,000 Super Tuesday delegations, inching closer to securing his spot as the GOP presidential front runner in November. Trump’s only primary opponent, Nikki Haley, suspended her presidential campaign on Wednesday morning.

Last month, Ernst criticized Trump’s use of the word ‘hostages’ to describe his supporters who were arrested for their involvement in the Jan. 6, 2021 Capitol riots on NBC’s ‘Meet the Press.’

Host Kristen Welker asked Ernst if she was bothered by Trump’s description of the Jan. 6 prisoners.

‘It does in this context because we do have American hostages that are being held against their will all around the globe, and especially if you look at the innocents that were attacked and kidnapped on Oct. 7,’ Ernst responded. ‘We are approaching nearly 100 days. These are people that have been taken. They’re held in tunnels with terrorists, they are being tortured, they have been raped, they have been denied medication. So, equating the two, there is no comparison.’

Ernst later said in the interview she would not be opposed to pardoning those who were involved on Jan. 6 and that it would be at the president’s discretion. 

Sen. Minority Leader Mitch McConnell, R-Ky., who has refused to comment over the last few months on whether he would endorse the former president, also endorsed Trump on Wednesday. 

‘It is abundantly clear that former President Trump has earned the requisite support of Republican voters to be our nominee for President of the United States. It should come as no surprise that as nominee, he will have my support,’ McConnell said in a statement. 

He continued: ‘During his Presidency, we worked together to accomplish great things for the American people including tax reform that supercharged our economy and a generational change of our federal judiciary, most importantly, the Supreme Court.’

More GOP lawmakers in both chambers are rallying behind former President Donald Trump. Over 100 House Republicans and over two dozen Senate Republicans have endorsed the former president. 

Fox News’ Lawrence Richard contributed to this report. 

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The $460 billion government funding bill the House of Representatives is set to vote on Wednesday had included $1 million marked for an LGBTQ community center that once held a drag event with children.

It comes as Democrats celebrate the lack of ‘poison pills’ in the bill while GOP hardliners lament what they call a lost opportunity to force passage of conservative policies.

The earmark for the William Way LGBT Community Center in Philadelphia was advocated for by Rep. Brendan Boyle, D-Pa., and Sens. Bob Casey and John Fetterman, both Pennsylvania Democrats.Fetterman and Casey later sent a letter asking that the funding be stripped, but Fetterman told reporters on Wednesday that it was his staff who sent the letter, while he supported the money.

A 2016 article published in the Philadelphia Gay News titled, ‘Youth celebrate the art of drag at William Way,’ described an 11-year-old boy named Esai and an 8-year-old named Max participating in a youth drag event at the center.

‘When Esai slides down from his chair, his blonde hair is in tight curls, his lips are purple and his eyes are lidded with pink and silver eye shadow against his rosy face. He teeters by in heeled boots far too big for him and changes out of his purple ‘We Are Made of Stars’ T–shirt. He could be any little girl playing dress-up, save for the expert cosmetic application,’ the article reads.

It described his makeup as being applied by ‘a bearded man in studded leather platform boots.’

‘Max dances to ‘No’ by Meghan Trainor, periodically dropping into the splits in his long, red dress. None of this is choreographed – it really is just kids dancing around, playing dress–up, having fun,’ it said of the 8-year-old.

The allocation was highlighted in a memo by Advancing American Freedom (AAF),a policy and advocacy group started by former Vice President Mike Pence.

It’s one of more than 6,000 allocations in the bill, which total $12.7 billion in spending – something conservative lawmakers are furious about.

‘Earmarks are basically, it’s congressional crack,’ Rep. Andrew Clyde, R-Ga., told Fox News Digital. ‘Congressional opium – and opium is O-P-M, other people’s money. Congress is hooked on it.’

‘You get people to vote for it, you increase spending, increased borrowing, you send our nation further down the track of fiscal irresponsibility,’ he said.

Sen. Mike Lee, R-Utah, argued that lawmakers will not have enough time to properly scour the bill’s contents with all of the additional details.

‘There is no way any mortal could actually vet all of the earmarks in the 48-hour time period they’ve given us so far. These highlights are just the tip of the iceberg. Heads must roll,’ he wrote.

Meanwhile, AAF’s memo pointed out that policies that GOP hardliners fought to include in the bill – like limitations on transgender medical care, pride flag displays, and critical race theory – were not included in the final bill.

It’s something Senate Majority Leader Chuck Schumer, D-N.Y., celebrated on Tuesday, declaring the bills were free of ‘devastating cuts or poison pill riders pushed by the MAGA.’

UPDATE: Senate Appropriations Chair Patty Murray, D-Wash., asked for the funding to be stripped out of the package via unanimous consent after the Pennsylvania lawmakers raised objections.

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By a strange process of transformation, Joe Biden has become Jimmy Carter.

Everything he touches turns into a crisis.

Like Carter, Biden has presided over an inflationary economy, spiking interest rates, shortages of essential goods, and danger and disaster abroad.

Carter offered the world Christian meekness and no ‘inordinate fear of communism.’

The world responded with the Soviet invasion of Afghanistan and the agonizing hostage crisis in Iran.

Biden’s self-inflicted rout from Afghanistan was followed by the release of $6 billion to the religious mafia that rules Iran.

In return, the Iranian regime has encouraged its proxies to kill American soldiers and attack American warships.

The most important way in which Biden resembles Carter is this: Voters have made up their minds about him.

They think he’s a loser, and they want him gone.

That’s true even of Democrats, a majority of whom think he’s too old and dotty to stick around for a second term.

Biden is a loser.

If 2024 were a normal presidential election, Donald Trump would beat him like a drum.

Nikki Haley would beat him.

Spongebob Squarepants would beat him.

Yet these are not normal times, and there’s a high degree of probability that Biden will be re-elected.

Unlike Carter, who really was the Democratic front man, Biden is a sock puppet for an institutional conglomerate that exercises enormous influence over our national politics, our government, and our culture.

The elites who inhabit these institutions like to speak of the arrangement as ‘Our Democracy,’ which roughly translates into ‘given our obvious moral and intellectual superiority, we must be allowed to govern in perpetuity.’

They have the tools to make it happen, too — wearing the appropriate masks and disguises, they often impersonate the popular will.

I’m not talking about Trump’s complaint that he was robbed at the polls in 2020, a sterile controversy best passed over in silence.

The options available to Our Democracy are, in reality, far more tentacular and oppressive than crude ballot-stuffing.

It can, for example, take a lie and make it echo and thunder for years, like the half-million news articles published about Trump’s supposed criminal collusion with Russia.

Or it can take the truth and bury it so deep that it has suffocated to death by the time some determined soul unearths it — think Hunter Biden.

How is this done?

Well, here is a partial roster of the institutions Our Democracy controls at the moment: the White House, half of Congress, the federal bureaucracy, the scientific establishment and expert class in general, the old prestige media, the new digital media (minus Twitter/X), the universities, the arts and entertainment world, and famous corporations from Coca-Cola to Nike.

When these gigantic entities synchronize their voices, the chorus is so deafening little else can be heard within the information sphere.

And when they withdraw their attention — as they have from Americans left behind in Afghanistan or taken hostage by Hamas — it’s as if it never happened.

What does Our Democracy want?

Its representatives spout magnificent nonsense about justice, diversity, and inclusion.

They comprise the college of cardinals of the church of identity and ecology, and are therefore authorized to smite you, as an infidel, with their righteous condemnations.

But the soul of Our Democracy is will to power.

The point of control is control.

The measure of success is the number of Americans placed in a position of dependence to the elite class.

More immediately, the objective is the permanent dominance of the Democratic Party, political home and bastion of that class.

Thus when Hunter Biden, son of the Democratic presidential candidate, abandoned a laptop crammed with all sorts of scandalous material, Our Democracy conscripted 51 intelligence executives, who surely knew better, to dismiss it all as a Russian ‘hack.’

And behold, there was no laptop.

And when Trump, a Republican president, speculated about COVID-19 having started with a laboratory leak in Wuhan, China, Our Democracy dragooned five scientists, several of whom had speculated along the same lines as Trump, to author a ‘study’ contradicting him and themselves.

Suddenly, blaming China betrayed a racist predisposition.

Opposition to Our Democracy can never be legitimate.

Consequently, Trump, the likely Republican candidate, must always be a moral impossibility — a ‘dictator,’ an ‘authoritarian,’ a Mussolini from the fascist heartland of Queens.

Listen to The New York Times, Atlantic, Politico: Trump isn’t merely a bad candidate — he’s beyond the pale.

The harsher the attacks, however, the higher Trump seems to climb: to the horror of the elites, he’s presently trouncing Biden in most opinion polls.

So he must be disposed of somehow.

He must be prosecuted in heavily Democratic venues and indicted, not once or twice but 91 times.

And just in case, his name must be removed from the ballot: the ideal election under Our Democracy is a choice of one.

Fear and loathing of Trump is a defining feature of elite sensibility, but any politician who threatens Biden’s re-election will get the same treatment. Robert Kennedy, Jr., who is making a third-party bid, has been called ‘vile’ and ‘racist.’

The No Labels group, which is considering fielding a candidate, has been accused of ‘brain-breaking logic’ that promotes ‘less democracy.’

Nikki Haley has so far been spared because she is thought to weaken Trump.

The moment she endangers Biden, we can be sure that The New York Times will reveal her participation in a sex trafficking ring or possibly ritual cannibalism.

Nobody is so insignificant as to avoid the tentacles of the conglomerate.

Only in this sense is Our Democracy truly democratic: all of us, high and low, are given our marching orders, which we defy at our peril.

Parents of schoolchildren who dissented from the identity creed have been treated like domestic terrorists.

Participants at the pro-Trump Jan. 6, 2021, riot at the Capitol building were prosecuted as subversives and punished with long prison sentences.

Other critics have been subjected to harassment from federal agencies like the IRS and the FBI.

A convoluted censorship apparatus was erected at the start of the pandemic, eventually giving the White House control over what was allowed to be said on all the major digital platforms.

The FBI, faithful servant of the system, stood guard over forbidden speech: unorthodox opinions about the virus at first, but soon, inevitably, the ban spread to topics that favored Trump and the Republicans, identity heresy, Ukraine war criticism, mockery of the Biden administration — pretty much everything the First Amendment was enacted to protect.

Censorship bureaucrats devised a bizarre jargon of control: ‘misinformation’ meant error, ‘disinformation’ meant deliberate falsehood, and ‘malinformation’ was truth Our Democracy found unacceptable.

Without warrant or warning, millions of posts by ordinary Americans were taken down.

Some of those posters were permanently silenced.

Trumpist websites were arbitrarily ‘deplatformed.’

Nothing like it had been seen in our country since John Adams rubbed his hands with glee over the Alien and Sedition Acts.

One might have expected members of the entity formerly known as ‘the press’ to investigate the abuses and raise the alarm.

That idea is too retro for words, literally.

Today, the great organs of the news media are happy to serve as attack dogs of the elite class and obedient apologists of institutional power.

Our Democracy aims to dominate the information sphere — as things now stand, it can speak loudly to everyone, while its opponents, shoved into an informational ghetto, speak mostly to themselves.

This is the array of forces standing behind the doddering, stupefied figure of Joe Biden, eager to foist him on American voters.

Our Democracy is the true candidate and ultimate question to be settled by the 2024 election.

It is battling mightily, with every weapon available, to destroy Trump and other obstacles to its continued rule.

Sooner or later, I imagine, it will succeed.

The wisdom of Ecclesiastes tells us that the fight does not go to the strong — but a political analyst would be crazy to bet any other way.

Is it possible to identify a glimmer of optimism somewhere in this bleak landscape?

I can think of two strategic vulnerabilities that should trouble Our Democracy.

One is the massive unpopularity of its policy positions.

Large majorities of Americans of all races and political leanings question the sanity of open borders, for example, and believe that merit rather than grievance should determine outcomes.

If the 2024 election is fought on the merits of the case, the Democrats lose big.

The second vulnerability is Biden’s obvious and extraordinary unfitness to stay on as president.

The report by Special Counsel Robert Hur, which characterized the president as ‘an elderly man with poor memory,’ was official confirmation of what we can plainly see with our own eyes.

Old age is terminal: there’s no fixing Biden, and there’s no clear way out of this mess for the Democrats.

If he clings to power, he will continue to decline physically and politically, opening the door to a Republican victory in 2024 — in the person, it may be, of the dreaded Trump.

If Biden turns down a second term at this late hour, his vice president, Kamala Harris, would be the natural heir to the party leadership, but she’s even more unpopular than he is.

With Harris as candidate, defeat would be virtually certain.

If a free-for-all erupts over the top spot, either because Biden has offered to abdicate or because the paladins of Our Democracy wish to shove him aside, the internal trauma to the Democratic Party would probably prove fatal, regardless of who the winner might be.

The Democratic establishment is solid but brittle.

Once it crumbles, the agents of chaos will be in command, as they have been for some time in the Republican Party.

To my mind, these are low-probability events, as the elites realize how much they stand to lose and will huddle in a conformist herd for protection.

Fortunately, however, history is not a mathematical proposition — and one can always hope.

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Republican Senate Leader Mitch McConnell endorsed former President Trump’s re-election campaign on Wednesday after Trump collected nearly 1,000 delegates from a thunderous performance on Super Tuesday.

‘It is abundantly clear that former President Trump has earned the requisite support of Republican voters to be our nominee for President of the United States. It should come as no surprise that as nominee, he will have my support,’ McConnell said in a statement. 

He continued: ‘During his Presidency, we worked together to accomplish great things for the American people including tax reform that supercharged our economy and a generational change of our federal judiciary — most importantly, the Supreme Court.’

‘I look forward to the opportunity of switching from playing defense against the terrible policies the Biden administration has pursued to a sustained offense geared towards making a real difference in improving the lives of the American people,’ McConnell added.

The endorsement comes after Trump’s only primary opponent, Nikki Haley, suspended her presidential campaign on Wednesday morning.

McConnell, who turned 82 last month, was the most senior member of Congress that had yet to endorse Trump.

His endorsement comes after he vehemently criticized Trump and called him ‘morally responsible’ for the Jan. 6, 2021, riot at the Capitol.

McConnell blamed Trump for inciting the riot and said he was responsible for the ‘entire manufactured atmosphere of looming catastrophe’ and ‘wild myths’ about the election. The Senate leader ultimately did not vote to convict Trump on impeachment charges.

McConnell’s endorsement comes as he announced last week that he would step down as Republican leader to pursue ‘life’s next chapter.’

‘One of life’s most underappreciated talents is to know when it’s time to move on to life’s next chapter,’ he said on the Senate floor. ‘So I stand before you today… to say that this will be my last term as Republican leader of the Senate.’

‘I still have enough gas in the tank to thoroughly disappoint my critics, and I intend to do so with all the enthusiasm which they have become accustomed,’ McConnell added.

He will serve the remainder of his term, which formally ends in January 2027.

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On Tuesday, Target Corp (TGT) was one of only nine stocks that bucked the market selloff, popping 13% on a Runaway Gap as the Dow Jones cratered -404 points, the S&P 500 fell over 1% and the Nasdaq plunged 1.56%.

CHART 1: STRONG VOLUME GAINERS SCAN ON TUESDAY 3.05.24. TGT came up as a result of a Strong Volume Gainer scan on StockCharts’ scan engine. Target Corp also held an SCTR score of 91.2, indicating strong technical bullishness.

On the following day, Target gapped up again. So what’s driving the bullishness?

Target’s holiday-quarter revenue and earnings crushed Wall Street expectations on Tuesday. Despite the company issuing a gloomier sales forecast for 2024, bullish investors jumped in, causing price to spike (and gap) twice. Before taking a closer technical look into TGT, though, some traders might ask:

Was it prudent to follow the bullish trend post-earnings? After all, some analysts think that Wall Street consensus set a low bar for expectations. What if this is the case?If you are bullish on TGT, while keeping in mind the company’s soft forecast for 2024, when might be an opportune time to enter a long position, assuming that share prices will eventually decline?

CHART 2: WEEKLY CHART OF TARGET (TGT). TGT finds resistance at the top of a trading range tested three times between 2022 and 2023.

Target shares are far from their 2021 all-time highs. Though the stock hit a 52-week high today, that high coincided with strong critical resistance (see dotted blue line) and immediately fell back.

If TGT’s current uptrend were to continue, it would have to break above this level.  That can certainly happen, but what are the chances of it happening anytime soon?

CHART 3: DAILY CHART OF TARGET (TGT). Strong divergence between price and buying pressure.

The second candlestick from the last session shows the 13% spike (and gap) that took place post-earnings. Runaway gaps, according to technical analyst Thomas Bulkowski, are quite bullish with only an 8% chance of getting filled within the week of the gap. 

But the second gap, showing strong rejection from the resistance level we saw in the previous chart, is looking more and more like a possible exhaustion gap, which has a 60% chance of getting filled within the week. Plus, take a look at the lack of volume driving the gap (see red vertical dotted line).

Looking at the Money Flow Index (MFI), which is something of a volume-weighted RSI, we see a steady divergence between it and TGT’s three-month surge, indicating that buying pressure is indeed dwindling. This thesis is even more pronounced when viewing the Chaikin Money Flow (CMF) alongside the MFI.

Watch for These Two Things

Drawing a Fibonacci retracement would be a bit premature, as the top hasn’t yet been confirmed. However, supposing that it was, the 50% Fib retracement line would coincide with the Volume-by-Price indicator’s second largest bar, around the $140 range.

Technically, if TGT were to top here, that range might serve as a favorable entry point. If that were to be the case, you might set a price alert at $150 to call your attention to the potential setup if and when it happens. But on the fundamental front, you might want to wait for clear signs that TGT has overcome its recent dip in customer traffic as it heads into fiscal 2024. Traffic is key to TGT’s earnings, particularly considering its forecasts for weaker quarters ahead.

And just to throw in a little more context, July and August are the retailer’s strongest months relative to the broader market (at least from a 10-year seasonality perspective), as shown below:

CHART 4: 10-YEAR SEASONAL CHART OF TGT PERFORMANCE AGAINST THE S&P 500. Note its strongest returns relative to the S&P 500 taking place in July (2.4%) and August (3.3%).

How To Set a Price Alert

Setting a technical alert at these support and resistance levels would be helpful as you weigh your potential entry points against any market developments that may influence your decision.

To access the Technical Alert Workbench, follow these steps:

Log in to your StockCharts account.Click on Your Dashboard.Click the Alerts button or the New button in the Your Alerts panel.In the Alerts workbench, choose which type of alert you want to create from the Alert Type buttons at the top left.To create a price alert, select Price Alert as the alert type.Add a symbol in the symbol box, set your price trigger, and choose how you wish to be notified.Click the Save Alert button.