Accurate, unbiased reporting is available on the internet and on some talk radio shows. Money Daily will continue to stay abreast of developments as they occur.
Overnight, Republican members of the Wayne County Board of Canvassers, Monica Palmer and William Hartmann filed affidavits to rescind their votes for certification of the county's 2020 election results. Wayne County, Michigan includes the city of Detroit, which voted heavily in favor of Joe Biden for president.
Meanwhile, Michigan governor Gretchen Whitmore may be facing impeachment charges shortly over her re-institution of lockdown orders, in violation of Supreme Court orders.
In Georgia's ongoing "retally", some votes have been found in favor of President Trump, but not enough to challenge Biden's 12,000-vote lead.
The audit is not an official recount, which can still happen after the state certifies their election results at the request of a candidate within a .5% margin. That’s why it’s being called a retally or hand count.
The official recount - using the vote tabulation machines - could begin next week. Campaigns will have until Tuesday to make their requests. It is likely that the Trump camp will request an audit as many irregularities have been reported by observers. This story is still developing.
There are ongoing contests and lawsuits in Pennsylvania, Nevada, and Arizona. Wisconsin has approved a request by President Trump for a recount in Milwaukee and Dane counties.
Joe Biden carried Wisconsin by 20,608 votes and he won Dane and Milwaukee counties by a more than 2-to-1 margin. Milwaukee county includes the city of Milwaukee and Dane, the city of Madison. They are the two most populous counties in the state. The process is supposed to be completed by December 1, but both sides agree that whatever the outcome, the matter will end up in court.
At the bottom of the disputed election is whether or not there was coordinated fraud committed by the media-annointed winner, Joe Biden. The Trump team has been filing lawsuits in jurisdictions around the country and gathering evidence of potential fraud, voting irregularities, ballot harvesting and tampering, physical evidence, sworn affidavits, witness accounts, and are pursuing allegations that votes were switched from Trump to Biden on voting machines supplied by Dominion, a Canadian company, via software installed by a company known as Smartmatic.
In December 2019, Democratic Senators Elizabeth Warren, Ron Wyden, and Amy Klobuchar and congressman Mark Pocan warned about reports of machines "switching votes," "undisclosed vulnerabilities," and "improbable" results that "threaten the integrity of our elections."
Establishment media are falsely calling presumptive winner, Joe Biden, "president elect," a complete misnomer as a candidate can only be called "president elect" after certification by electors from the 50 states. That has not happened. Certification by the presidential and vice-presidential electors is scheduled for December 14.
What's occurring now behind the scenes is the collection of massive amounts of evidence by Trump's legal team, expecting the case to go to the Supreme Court. In such event, absolute proof, as is necessary in criminal matters, is not needed, as the election dispute is a civil matter. Trump's lawyers only need to reach a bar of "preponderance of evidence" that President Trump was disenfranchised by fraudulent practices to prevail.
Even if the Supreme Court does not reach a verdict in favor of President Trump, the matter could well end up in congress, where a vote would be taken, decided by each state's representation in the House of Representatives with each state getting a single vote. Republicans hold House majorities in 26 states, to 22 Democratic majorities, so, a vote along party lines would swing the election to President Trump. The Senate would likely go to Trump as well. Each Senator casts one vote. The voting would be carried out by the newly-elected (2020) congress.
In financial news, stocks tumbled on Wednesday, with the Dow suffering its worst loss in three months as vaccine news was outflanked by uncertainty over the presidential election outcome and knock-on effects of lockdowns and restrictions in various states reporting increases in cases of CV-19.
As of Thursday morning, stocks in Asian markets were generally lower, and European stocks are down across the board thought the losses are, as of this writing, less than one percent.
The Labor department reported another 742,000 Americans filed initial jobless claims last week. Food banks in Texas report being overwhelmed and other states are reporting record numbers using food banks as poverty spirals out of control.
Equity futures point to a lower US open.
At the Close, Wednesday, November 18, 2020:
Dow: 29,438.42, -344.93 (-1.16%)
NASDAQ: 11,801.60, -97.74 (-0.82%)
S&P 500: 3,567.79: -41.74 (-1.16%)
NYSE: 13,808.65, -140.45 (-1.01%)
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