Mike Lindell Pulls FOX Ads for Not Airing Election Fraud ‘Symposium’
MyPillow CEO Mike Lindell pulled his ads because Fox News refused to run an ad promoting an event linked to claims of widespread fraud in the 2020 presidential election.
QUICK FACTS:
- The chief executive of MyPillow Inc. said he is pulling his ads from the network after a disagreement over a proposed commercial that would have aired his claims of widespread election fraud, according to The Wall Street Journal (WSJ).
- Lindell is one of Fox News’ biggest advertisers, notes WSJ.
WHAT MIKE SAID:
- The MyPillow CEO said he “wanted to cancel the ads as soon as possible and that he had told his ad buyer to inform Fox News,” according to WSJ.
- He also said he had “asked the network to air a commercial promoting a cyber symposium, which he is scheduled to live stream next month.”
- Mr. Lindell said the commercial “wouldn’t specifically mention claims of election fraud. But he has said the symposium will prove the 2020 election was stolen from President Donald Trump through manipulation of election machines,” notes WSJ.
WHAT FOX SAID:
- Fox said in a statement, “It’s unfortunate Mr. Lindell has chosen to pause his commercial time on FOX News given the level of success he’s experienced in building his brand through advertising on the number one cable news network.”
BACKGROUND:
- Lindell’s Sioux Falls, South Dakota cyber symposium is scheduled for August 10-12.
- Lindell is also offering $5 million to any symposium attendee who can prove that his cyber data from the November 2020 election is not valid.
- Lindell said in an interview that he is in possession of “packet captures” (or “PCAPs,” which log activity over a computer network, for example showing votes being “flipped” from Trump to Biden by hackers, as Lindell alleges) from the 2020 U.S. presidential election.
- “Our country was attacked by China. The election was hacked and we’re gonna have a cyber symposium,” Lindell vowed during a press conference outside a Washington federal court. “And we have all the packet captures for the whole election.”
- Mr. Lindell says he’s bringing his case to the U.S. Supreme Court.
Capitol Police Are Told To Arrest Any Staffers And Visitors Who Don’t Have Masks On
U.S. Capitol Police (USCP) have been ordered to arrest visitors and staffers not wearing masks on the House side of the Capitol complex.
Police Told To Arrest Maskless Visitors And Staffers
USCP Chief Thomas Manger announced this in a new police memo that was obtained by a member of Congress, according to Fox News.
While officers were told not to arrest members of Congress who refuse to wear masks, they will instead be directed to report the lawmakers’ noncompliance to the House sergeant-at-arms.
Rep. Kat Cammack (R-FL) posted the memo to Twitter on Thursday after she was given it by an unnamed Capitol Police officer.
“This is such an overstep of Speaker Pelosi’s authority to basically make our Capitol Police arrest staff members and report on members [of Congress],” Cammack said of the memo. “It’s absolutely unconscionable that this is where we’re at.”
Cammack and many of her fellow Republican lawmakers have been furious over Speaker Nancy Pelosi’s (D-CA) new mask mandate in the House.
“I cannot comply with this tyrannical order,” Cammack said of it. “This is the people’s house, not Nancy Pelosi’s house.”
Capitol Police Defend Memo
The Capitol Police have defended the memo, claiming that this rule had already been in place and that there’s “no reason” any situation should escalate to the point where someone should be arrested for not wearing a mask.
“Regarding the House rules about masks, there is no reason it should ever come to someone being arrested,” the USCP said. “Anyone who does not follow the rules will be asked to wear a mask or leave the premises. The Department’s requirement for officers to wear masks is for their health and safety.”
Gavin Newsom Has Reason To Worry
(FiveThirtyEight) Recent polls show the race is tightening and Republican voters are more energized.
It’s official: For only the fourth time in U.S. history, a state will hold an election on whether to recall its governor midterm. The long-expected gubernatorial recall election in California is set for Sept. 14, and 46 candidates (not including the governor himself, Democrat Gavin Newsom) have officially qualified to run. But perhaps the most intriguing development in the race has come in recent polling. After the recall looked uncompetitive for months, evidence has emerged that the race is tightening.
Until last week, there had been no new polls of the recall election in about a month. But since then, we’ve gotten two — and both showed Newsom in danger of being recalled. First, an Emerson College/Nexstar Media survey found that 48 percent of registered voters in California wanted to keep Newsom in office, while 43 percent wanted to recall him. Then, a poll from the University of California, Berkeley, Institute of Governmental Studies co-sponsored by the Los Angeles Times found that 50 percent of likely recall voters wanted to keep Newsom and 47 percent wanted to oust him. These fresh polls — both within the margin of error — differed markedly from a handful of surveys released in May and June that found the recall effort trailing by at least 10 percentage points.
Who casts a ballot in this unusually timed election could be pivotal. The UC Berkeley IGS/Los Angeles Times poll underscored why: Among registered voters, Republicans were far more likely to say they’d vote than Democrats or independents. Eighty percent of Republican registered voters said they were absolutely certain to vote, compared with only 55 percent of Democrats and about half of independents. As such, likely voters were opposed to removing Newsom by only 3 points, while the spread was much wider among all registered voters — 51 percent were opposed to removing him compared with just 36 percent in favor (in line with the pollster’s findings in early May and late January). In fact, Republicans’ enthusiasm for this race is so high that they make up roughly one-third of the survey’s likely electorate, even though they constitute only about one-quarter of California’s registered voters.
Irregularly timed elections, like a gubernatorial recall held in September of an odd year, can produce unexpected results and lopsided electorates. However, there’s one reason why that might not happen in this race: California has extended its pandemic-inspired election-law changes that require ballots to be automatically mailed to all active registered voters through the end of 2021. Mail elections don’t inherently help the Democratic Party, but studies have found that they do increase turnout, which could help insulate Newsom from a scenario where only his most fervent opponents bother to cast a ballot.
It’s tempting to point to COVID-19 as the chief cause for why Newsom is in hot water since the pandemic helped galvanize the recall effort in the first place. The highly contagious delta variant has led to an uptick in cases of COVID-19 in California, and Newsom is now weighing whether to impose statewide restrictions, which could further energize his opposition. (Los Angeles County has already reinstated an indoor mask mandate.) The governor has also had disputes with teachers unions and school administrators over the reopening of schools, and many Californians are still frustrated by the state’s continually changing vaccination-distribution plan. Yet Newsom’s handling of the pandemic might not be his biggest liability. A slightly greater share of likely voters in the Berkeley poll agreed with the statement that Newsom should be recalled “because he has failed to adequately address many of the state’s longstanding problems,” such as homelessness, income inequality and wildfires (48 percent), than agreed with the statement that he should be recalled “because he greatly overstepped his authority as governor when responding to the COVID-19 pandemic” (44 percent).1
In other words, California voters may be displeased with conditions related to COVID-19, but other problems in the state are troubling them, too. Thus, the pandemic may not be solely responsible for what we’ve seen in the polls.
For his part, Newsom is painting the recall as a contest between him and a rash of Trump-supporting Republicans (for instance, the governor has tried to pin the growing number of COVID-19 cases on Republicans and conservative media and their misinformation on vaccines). But this strategy may be complicated by a judge’s ruling on July 12 that Newsom won’t be listed as a Democrat on the official recall ballot.2 Most Californians are probably aware that Newsom is a Democrat, but having his party affiliation spelled out in black and white could have helped him on the margins in this very blue state.
Recent developments in the recall haven’t been all bad news for Newsom. Crucially, his efforts to discourage other prominent Democrats from running in the recall seem to have paid off. Of the 46 candidates running to replace him, only nine are Democrats — and none are established politicians. By contrast, 24 Republican candidates are in the race, as well as two Green Party candidates, one Libertarian Party candidate and 10 independents. This means that, in the event that Newsom is recalled, it’s very likely a Republican will win the race to replace him (the second question on the recall ballot).
Stocks slide as Amazon weighs down tech sector
Amazon Inc.’s revenue topped $100B for third straight quarter.
U.S. stock indexes were lower Friday as investors digested the latest inflation data and sorted through another batch of earnings from high-profile companies.
The Dow Jones Industrial Average fell 63 points, or 0.18%, while the S&P 500 index and the Nasdaq Composite index dropped 0.6% and 1.02%, respectively. All three of the major averages on Thursday ended just below all-time highs.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| I:DJI | DOW JONES AVERAGES | 34951.27 | -133.26 | -0.38% |
| SP500 | S&P 500 | 4398.32 | -20.83 | -0.47% |
| I:COMP | NASDAQ COMPOSITE INDEX | 14683.828878 | -94.43 | -0.64% |
The core personal consumption expenditures price index rose 3.5% annually in June, making for the biggest increase since July 1991. Prices were up 0.4% month over month. Both readings were below what analysts surveyed by Refintiv were expecting.
In stocks, Amazon Inc.’s quarterly revenue topped $100 billion for the third straight quarter but was below analyst estimates for the first time in three years. The e-commerce giant’s revenue growth forecast for the current quarter came in well below what was expected, with CFO Brian Olsavsky blaming difficult year-over-year comparisons due to the pandemic.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| AMZN | AMAZON.COM, INC. | 3,353.05 | -246.87 | -6.86% |
Chevron Corp. reported its second straight quarterly profit as demand for oil products bounced back amid a reopening of the economy and crude prices rose. The oil major reinstated its share buyback program, stating it would purchase shares in the current quarter at a rate of $2 billion to $3 billion per year.
The rebound in demand and oil prices also benefitted ExxonMobil Corp., which reported its largest quarterly profit in over a year. The company’s bottom line was helped by the cost cuts that were implemented during the pandemic.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| CVX | CHEVRON CORP. | 101.60 | -1.04 | -1.01% |
| XOM | EXXON MOBIL CORP. | 57.45 | -1.49 | -2.53% |
Caterpillar Inc., a bellwether for global economic activity, reported equipment sales spiked 31% from a year ago amid strong demand in North America and Latin America. The heavy-equipment maker said demand is likely to remain strong in the current quarter, but that supply chain disruptions will weigh on its operating profit.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| CAT | CATERPILLAR, INC. | 205.02 | -7.53 | -3.54% |
| PG | PROCTER & GAMBLE CO. | 142.90 | +3.45 | +2.47% |
Proctor & Gamble Co. beat on both the top and bottom lines but warned rising commodity and freight costs would take a bite out of its bottom line during the current fiscal year. The consumer goods producer already announced plans to raise prices for some of its products in September.

