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Jo Freeman Writes: Why There Is a Run-Off Election in Georgia on December 6th
Jo Freeman writes: "Georgia is one of only two states to require that elections be won by at least 50 percent of the vote. Neither Democrat Raphael Warnock nor Republican Herschel Walker received the necessary 50 percent in the November general election, when only 57 percent of Georgia voters cast a ballot. It’s ironic that both are Black men because the original purpose of the requirement for an absolute majority was to keep any Black person from being elected to high office. An electoral procedure crafted to keep Blacks out of higher office now requires that Georgia voters choose between two Black men to be their US Senator. In August of 2021 former NFL player Herschel Walker moved his residence from Texas to Georgia so he could run in the Republican primary for Senate. That’s why there will be a run-off election in Georgia on December 6." more »
The Beige Book Summary of Commentary on Current Economic Conditions By Federal Reserve District Wednesday November 30, 2022
Overall Economic Activity: Economic activity was about flat or up slightly since the previous report, down from the modest average pace of growth in the prior Beige Book period...Interest rates and inflation continued to weigh on activity, and many contacts expressed greater uncertainty or increased pessimism concerning the outlook...Inflation pushed low-to-moderate income consumers to substitute increasingly to lower-priced goods. Travel and tourism contacts, by contrast, reported moderate gains in activity, as restaurants and high-end hospitality venues enjoyed robust demand. Higher interest rates further dented home sales, which declined at a moderate pace overall but fell steeply in some districts; apartment leasing started to slow, as well. more »
Continuous Challenges: Dr. Anthony Fauci Reflects On the Perpetual Challenge of Infectious Diseases
Dr. Anthony Fauci notes that the emergence of HIV/AIDS in 1981 led to a sharp increase in interest in infectious diseases among people entering the field of medicine. Since then, infectious disease specialists have faced numerous medical challenges, including the 2009 H1N1 influenza pandemic, Ebola, Zika, severe acute respiratory syndrome (SARS), Middle East respiratory syndrome (MERS) and COVID-19, he writes. Dr. Fauci notes that one success of the response was the rapid development, testing and distribution of COVID-19 vaccines thanks to years of research and investment in new and highly adaptable vaccine platforms and structural biology tools to design vaccine immunogens. more »
Statement by President Joe Biden On Speaker Nancy Pelosi Stepping Down from Democratic Leadership in the House of Representatives; "When I think of Nancy Pelosi, I think of dignity"
"When I think of Nancy Pelosi, I think of dignity. History will note she is the most consequential Speaker of the House of Representatives in our history. There are countless examples of how she embodies the obligation of elected officials to uphold their oath to God and country to ensure our democracy delivers and remains a beacon to the world. In everything she does, she reflects a dignity in her actions and a dignity she sees in the lives of the people of this nation." more »