The Schaftlein Report

1) 51.4% to 48.6% win in Run Off by 95K votes. When they had the General back in November Warnock bested Walker by 49.4 - 48.5 1A) Warnock gained 2 points while Walker gained only .1%. The marginal Republican base stayed home while Warnock voters turned out. 1B Democrats outpaced Republicans by 200K votes in pre-election day voting. 1C Polling was pretty accurate on this race. Insider Advantage nailed it exactly. 2) Why did he win: Metro Atlanta DeKalb County 87-13 Clayton County 89-11 Fulton county 77-23 Gwinnett County 62-38 Cobb County 60-40 3) Analysis: Walker was a first time candidate with non transparent baggage that turned off some conservative voters. The negative Trump effect - we'll explain Walker campaigned thinking he could win a larger % of black vote. A HUGE miscalculation. Residency in the state? Outspent 3 to 1 by Democrats Marginal Republicans did not vote for Walker and some shifted their vote to Warnock. Now they will suffer the consequences. Did race play a role in lower than expected rural turn out? 4) Media influence - Fox news did not even show Warnock victory speech instead running a Gutfeld show. In Other news: 5) NDAA moves closer to reality - The National Defense Authorization Act. We'll discuss what is in it and what is not. 6) 1-6 committee sends over a criminal referral to the DOJ. 6A) Trump company found guilty of tax fraud in NY court. 7) Rep. Andy Biggs to challenge Kevin McCarthy for Speaker after losing by 85% to 15% in the first vote. Why are Republicans the party of stupid? 8) Federal Reserve continues its balance sheet run off reducing it by $95B per month. The U.S. total Debt to GDP ratio is at 420%. Not good.

The Schaftlein Report | Walker/Warnock Race Brings Election 2022 to a Close Guest - Tom Amenta 1) Warnock favored by 3 in Run off polls show 2) House to repeal Vaxcine mandate for military service personnel 3) Biden visit to Arizona will not include Border visit. "More important thing sot deal with" He doesn't care about the 4M that have crossed. 4) McCarthy to McConnell - "No omnibus deal" for budget. We agree 100% 5) White House calls Twitter Hunter Biden Story "old news". Musk - "much more to come" 6) Senators throw cold water on Impeachment talk even of Mayorkis. We'll discuss. 7) Biden 2024 decision will come in the new year according to chief of staff Ron Klain. 8) Avenatti gets 14 years for stealing money from clients

1) 263K jobs added in November. Unemployment rate holds at 3.7% 1A) B of A CEO Moynahan says wage growth needs to slow or there is a higher risk of wage price spiral which will further drive up inflation. 1C) European Union agrees to $60 a barrel price cap on Russian oil. Russia says it will not export oil. 1D) Wall street banks cutting bonus pools by 30% in precursor to recession 1E) Larry Summers expects a sharp down turn in the economy in 2023 2) Democrats move to make South Carolina the first voting primary state replacing Iowa. Payback for Jim Clayburn supporting Biden and his winning the nomination in 2020. Nevada/ New Hampshire to follow then Georgia and Michigan. 2A) Harmeet Dhillon challenges McDaniel for RNC leadership. 3) Warnock holds small leads in numerous polls and 1.557M already voted in GA. 52% Democratic votes and 39% Republican votes 4) Republican John Duarte flips CA Central Valley U.S. House district by winning just over 50% and taking the final seat giving Republicans a 222-212 advantage in the House. 5) Trump becomes unhinged saying he should be returned to power and the Constitution terminated. 6) Musk releases Hunter Biden suppression strategy exposing Brennan, Clapper, Peneta and CIA Chief Mike Hayden as liars for claiming Russian Disinformation 7) Blasts at 2 air bases in Russia kill 3 as Kremlin launches missile strikes on Ukraine.

1) Some Republicans say NO to huge spending bill and push for short term resolution. 1A) $45B added to military budget for 2023 to $847B 2) House committee obtains 6 years of Trump tax returns 3) Biden student loan deferral scheme cost taxpayers $5B per month. A 3 judge Federal Appeals Court unanimously reject Biden's plan. 4) Federal Reserve Chairman Powell says rate increases will slow to 50 basis points in the December meeting. 4A) Personal Consumption Expenditure (PCE) Index declined to 6% in October from 6.3% in September. 4B) Core CPA which excludes food and energy declined to 5% in October from 5.2% in September 4C) CPI was 7.7% in October and is expected to decline marginally in November 5) Warnock up by 51-49 over Walker in GA Senate race. Early voting shatters records. Outgoing Lt. Gov in Georgia did not vote for Walker. Amazing dunce. 6) 5 Bonehead Republicans still oppose McCarthy for speaker. If this holds, we will be the party of stupid. 7) Jeffrey discusses the 75 year anniversary of UN Resolution approving a separate Jewish state and the lack of recognition from Arabs.

1) Short term spending bill or long term? Military or discretionary spending. This is the debate on government funding bill. We'll dive into it. 1A) Biden wants to prioritize spending for Ukraine and Covid along with the Defense Authorization. 2) "Flat out lie" - Oil companies claim Biden is lying saying domestic oil production is discouraged in the U.S. citing 125 actions taken to reduce domestic production 3) The economy grew at a revised rate of 2.9% in Q-3 up from a 2.6% initial figure. The forecast for Q-4 is 1% 4) McConnell casts doubt on Trump after diner with White Nationalist 5) Crypto "death spiral" continues as another firm called Bitfront closes. Numerous crypto firms paid high interest rates on crypto deposits that had no backing other than fictional coins they created and leveraged up and borrowed on. A Classic Ponzi Scheme unraveling. 6) Something called a "non-binary who worked in the Biden Administration charged with stealing luggage in an airport. This is INSANE. Male/Female - no, Heterosexual/Homosexual - no. The insanity of identity politics

1) Walker and Warnock tied in latest polling in Georgia Senate Race 2) Virginia Congressman Don McEachin has died leaving the House at 222-212. A new election will take place in 2023 to determine a new member. Appointments are not allowed. 2A) 5 Republicans are holding out against McCarthy for now but will likely work out a resolution so the Republican Party is united. 3) Glen Youngkin for President in 2024 - We'll discuss as his tenure as Governor of Virginia is going very well. 3A) Frank Cannon a chief strategist at Pro life America says he is great on virtually every issue however his stance on Abortion needs to change. We'll explain the fallacy in that type of thinking and how it needs to change if we want to win a national election. 4) Republican National Committee is undertaking an election review headed by Haley Barbour a veteran GOP strategist. We are up against Big tech, media and early voting among many issues - We'll add our voice to the debate 5) The White House walks back Biden gun comments. Are we surprised? No 6) Musk to release Twitter suppression on Hunter Biden laptop

1) Following mass shootings, Biden want to ban semi - automatic weapons. The Senate says "No" 1A) In a typical holiday weekend, 28 shot and 5 fatally in Chicago. 2) Warnock out raising Walker 3-1 in GA run off. Holds small lead as voting starts. Who will turn out? 3) DeKalb county, GA homeowner kills one and wounds three as criminals tried to rob the owner. No charges filed. GOOD 4) Trump 2024 - Republicans yawn as it generates little excitement and plenty of potential challengers line up 4A) Ca Gov. Newsome says he has ruled out 2024 run. (We'll see?) 4B) Final House numbers 222-213 Republican. McCarthy still projected to be Speaker despite far right grumblings and current no votes 5) Biden approval at 42-56 post election. 5A) Biden to allow Chevron to drill oil off Venezuela cost to bring to America. Huh/ What about U.S. drilling? 6) Diesel prices are up 50% this year on tight supplies. This effects ships, trucks, trains and tractors leading to higher inflation and rising prices. Democrats are to blame. 7) The global warming effect - We have a 56 year high on snow covered ground in North America and a forecast of a cold winter. 8) BlockFi files for bankruptcy s fallout continues from FTX Ponzi scheme 9) Federal Reserve Governor Williams says further tightening needed to cool inflation. Recession fears and China protests cause stocks to fall 10) College Football poll and play-off projection: - Georgia - Michigan - TCU - USC - Ohio State - Alabama

1) Incoming Speaker Kevin McCarthy has demanded action to secure our southern border demanding DHS Secretary Mayorkis resign for misrepresenting to congress the security status at the border. We agree 100%! If he does not resign, he will be Impeached by the new congress 2) Biden Administration extends student loan payments until 6-30-23 using covid as an excuse while the Supreme Court decides the case on an emergency request. This is a blatant abuse of unauthorized power the President does not have. 2A) Biden had previously promised to end the deferment on 12-31-22. This is terrible policy and an act of socialism giving relief not approved by congress. 3) Kevin Kiley (R) wins a U.S. House seat in CA pushing Republicans to a 221-213 majority. I seat is left to be determined. 4) Supreme Court rules Trump must turn over his tax returns to House committees. 5) CBS news now confirms the Hunter Laptop is real 2 years after the fact. The cover up stinks. 6) 6 killed in Walmart mass shooting in Virginia. Gunman kills himself. 7) In the FTX fraud case, there are substantial assets stolen or missing 8) Musk finds closets full of "stay woke" shirts at Twitter 9) Violent protests take place at Chinese factory that produces I-phones over wages. Workers beaten as covid lock down policies continue. 10) Jobless claims hit 240K, highest level since August. 11) Travel safe and Happy Thanksgiving!

1) David Valado (R) wins CA-22 and the Republicans now have a 220-213 advantage. 1A) Two races remain uncalled and the Republican is way ahead in one race and extremely close in the other.

The final total will either be 221-214 or 222-213 Republican control. 2) Warnock leads Walker 51-47 in AARP poll. 88% of black voters going to Warnock. 61% of 18-49 year olds and 54% of Independents for Warnock. Voters over 49 heavily favor Walker. 3) Oregon governor pardons 45K marijuana convictions. 4) Emerson poll shows Biden at 39% approval and 53% disapproval. 5) Jeffrey explains what a Woke Thanksgiving is.

1) Adam Frisch concedes to Lauren Boebert giving Republicans a 219-213 advantage in the House. Three seats still undecided in CA. Republicans lead in two of them. 1A) Lisa Murkowsky takes the lead in Alaska Rank Choice Voting scheme likely headed to win. 2) McCarthy vows to remove Eric Swalwell, Adam Schiff and Ilhan Omar from House committees. 3) Biden turned 80 this past weekend. 3A) Trump welcomed back on Twitter by Musk. Pompeo says "GOP tired of losing" referring to Trump's contribution toward the losses. 3B) Tubberville is the only Senator to currently endorse Trump 3C) Like it or not, Republicans vow to embrace early voting and some form of ballot harvesting to compete. 3D) Majority of Hispanic voters want tougher border enforcement 4) In Economic news, 60% of Americans are living paycheck to paycheck. 4A) Workers expect top receive a 4.6% pay increase in 2023 4B) Soaring diesel prices which are $1.61 over gasoline are causing food prices to go up. 5) Biden administration asks the Supreme Court to intervene in his illegal scheme to cancel student debt without authorization from congress. 6) FTX owes creditors $8B. Democrats under pressure to return money for creditors. 7) Mass shooting kills 5 in Colorado