The Lead: The Waiting Is The Hardest Part
Same thing we said yesterday and the day before that: No decisive victor has been called for the Presidency. The numbers are looking increasingly good for Vice President Biden so President Trump gave a speech on Wednesday night and it was a molotov cocktail. Many networks cut away from it because it was full of so many untruths.
Pulling out all stops
The President is using every way possible to claim that he’s been sabotaged. He says that the votes that are coming in now are illegitimate and the counting should have stopped on Tuesday when he had leads in key states. He said that the pre-election polls that put him behind was a form of voter suppression by pollsters, discouraging people from voting for him. He says that there was a lot of illegal activity at the polls, when there has been no evidence of that.
Tossed. In fact, a judge in Michigan threw out a lawsuit from the Trump campaign straight away. The President asked a court to make the vote counting stop due to fraudulent activity, and the judge said that there was no evidence of that. Michigan has already been called for Vice President Biden anyway.
The President is going to use every megaphone he’s got to cry foul and we knew that. Facebook already shut down a group called Stop the Steal which was aimed at delegitimizing the election. It had gained 300,000 members in just two days.
Meanwhile, Stimulus and Stocks
Meanwhile, the stock market is set to close with its fastest upswing since April. Some say that the Senate Republican hold means that corporate taxes will likely not go up and investors danced a jig about it. This is not a foregone conclusion given the Georgia senate race is still not called and this may not actually give Republicans the Senate but the stock market is hedging its bets.