The media in attendance at President Joe Biden’s news conference pushed for answers. The president spoke to the nation after Russia launched a full-scale attack on Ukraine on Thursday morning.
NBC White House correspondent Peter Alexander wanted to know why Biden didn’t order the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to disconnect Russia.
“You detailed some severe and swift new sanctions today and said the impact it will have over time. Given the full scale invasion, given that you’re not pursuing disconnecting Russia from what’s called SWIFT, the international banking system, or other sanctions at your disposal. Respectfully, sir, what more are you waiting for?” asked Alexander.
Biden responded by stating that the sanctions levied against Russia exceed what anyone has done in the past.
“The sanctions we imposed exceed anything that’s ever been done,” Biden said. “The sanctions we imposed have generated two-thirds of the world joining us. They are profound sanctions. Let’s have a conversation in another month or so to see if they’re working.”
The sanctions will target Russian banks, elites, and high-tech commerce. “That means every asset they have in America will be frozen,” Biden said.
Biden added that he has no place to talk to Russian President Vladimir Putin. Furthermore, the president defended his actions regarding the sanctions and stated that they would take time to test Putin and how much he wants to put his people at risk.
“No one expected the sanctions to prevent anything from happening. This could take time, and we have to show resolve so he knows what’s coming and so the people of Russia know what he’s brought on them. That’s what this is all about,” Biden said.
“This is going to take time. This is not going to occur; he’s going to say, ‘Oh my G-d, these sanctions are coming, I’m going to stand down.’ He’s going to test the resolve of the West to see if we stay together, and we will. We will, and it will impose significant costs on him.”
Several reporters pressed Biden, including CNN reporter Kaitlin Collins asked the president why he didn’t sanction Putin immediately, a question the president did not answer.
Donald Trump Takes Shot at Fox News, Suggests CNN Go Conservative
Trump went after Fox News, saying the news outlet isn’t what it used to be in his eyes.
Last week, radio host Dinesh D’Souza went after Fox News, claiming that the network is suppressing his new film called “2,000 Mules.”
“Several Fox hosts want to have me on to discuss the movie but the network is blocking them. Incredibly a ‘news network’ is blocking coverage of the biggest news story in the country!” D’Souza tweeted.
Then this past weekend, former President Donald Trump went after Fox News, saying the news outlet isn’t what it used to be in his eyes. Trump spoke out against Fox News, arguing that the network “won’t even show or discuss” the 2020 election fraud documentary “2000 Mules.”
“Fox News is no longer Fox News,” Trump posted on his TruthSocial account. “They won’t even show or discuss the greatest & most impactful documentary of our time, ‘2000 Mules.’ The Radical Left Democrats are thrilled – They don’t want the TRUTH to get out.”
Furthermore, the former president recommended that CNN “go conservative” and take Fox News’ place as the go-to channel for those looking to consume a new conservative media outlet.
“CNN should go Conservative and take over the greatest, strongest, and most powerful BASE in U.S. history,” Trump stated. “Nobody is watching CNN’s Fake News now so, as I say, what the hell have they got to lose? Sadly, they’re too stupid to make the change!”
Stephanie Ruhle Has No Pity for Crypto Investors Amid Decline
Ruhle, a former investment banker, told crypto investors on “Morning Joe” not to expect any government help or relief.
For those who dabble in cryptocurrency, MSNBC anchor Stephanie Ruhle has little sympathy for investors following the last week’s collapse in the value of digital coins.
During a segment on Friday’s edition of “Morning Joe,” “The 11th Hour” host, a former investment banker, also told crypto investors not to expect any government help or relief.
She added that they have only themselves to blame for purchasing the unstable currency over more conventional assets.
“Let’s remember: The entire basis of crypto is secrecy. It is decentralization. It’s ‘Don’t tread on me. I don’t want the government. I don’t want establishment,’ so this is very much a ‘Buyer beware’ [situation],” Ruhle said, per Mediaite.
On Thursday, Cryptocurrencies crashed following the tumble of TerraUSD, a so-called stablecoin, with bitcoin plunging to a 16-month low of around $25,400.
Crypto assets have also been swept up in the broad selling of uncertain investments on concerns regarding high inflation and increasing interest rates.
Ruhle stated the fall of the crypto market is distinct from the 2008 recession when large investment companies proceeded to go under and needed to be saved by the government.
“You won’t have institutions at risk here, but millions and millions of individuals, many of whom have never invested in the markets, many of whom have borrowed to bet big in crypto, losing enormous amounts of money, so what’s going to happen?” Ruhle said.
“Are people going to turn around and say, ‘The government needs to help me. I need to be bailed out for this’?”
Abby Phillip Calls Out Tucker Carlson for Pushing “White Replacement” Theory
Phillip is calling out Carlson for pushing the “White replacement” conspiracy theory, which alleged Buffalo mass shooter Payton Gendron glorified in a manifesto.
In the wake of Saturday’s mass shooting in Buffalo, CNN’s Abby Phillip is calling out Fox News host Tucker Carlson for pushing the “White replacement” conspiracy theory, which alleged shooter Payton Gendron glorified in a manifesto.
Phillip moderated a panel on “Inside Politics Sunday” where she conjured Rep. Adam Kinzinger’s (R-IL) callout of Rep. Elise Stefanik (R-NY) for promoting the far-right conspiracy theory. The theory pushes the notion that there is a scheme to replace White people with immigrants.
“Over the weekend, Adam Kinzinger highlighted the no. 3 Republican in the house, Elise Stefanik’s use of the White replacement theory,” Phillip said.
“In an ad, he wrote, ‘Did you know Stefanik pushes white replacement theory? The no. 3 in the House GOP, Liz Cheney, got removed for demanding the truth. The Republican leader should be asked about this.”
Furthermore, she stated that the politician isn’t the only one pushing this plot, leading to her criticism of Carlson.
“It’s not just Elise Stefanik. If you watch Fox News, this is the mainstay of their primetime hours. Tucker Carlson discusses it in sometimes euphemistic form, but not really all that euphemistic,” Phillip added.
“This policy is called the great replacement, the replacement of legacy Americans with more obedient people from far away countries.”