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Saturday, October 5, 2024

Hurricane Helene aftermath poses election hurdles in critical battlegrounds

 Hurricane Helene has thrown up new hurdles for voters and election officials alike in Georgia and North Carolina, threatening disruptions to the voting process in two of the most critical battleground states.

Flooding, stormy conditions and power outages have displaced residents, interrupted postal services and impacted election offices across the Southeast. The fallout could complicate early and mail voting in some places and demoralize voters from casting their ballots. 

Helene “creates unexpected, substantial new barriers to voting,” said Michael Morley, a law professor at Florida State University who has studied elections in the wake of natural disasters and other emergencies.

“It imposes a lot more unexpected burdens on election officials, puts more strain on the election administration system, and it requires election officials to take emergency steps [to] mitigate the impact of the hurricane on both the election as a whole, and more specifically, on people’s ability to participate in the election,” Morley said. 

Helene battered the Southeast last week with heavy rains, winds and flooding. The storm has killed more than 200 people, The Associated Press reported Friday, and roughly half the victims are said to be in North Carolina. Many residents were still without water and electricity this week, and rescue crews were still helping people stranded or missing in the wreckage.

“The destruction is unprecedented and this level of uncertainty this close to Election Day is daunting,” said North Carolina’s executive director of the State Board of Elections, Karen Brinson Bell, in a press conference on Tuesday, calling the storm’s impact on the western Tar Heel State “like nothing we’ve seen in our lifetimes.”

Roughly 17 percent of North Carolina’s registered voters are in the disaster areas declared late last month by the Federal Emergency Management Agency (FEMA), or nearly 1.3 million voters, according to data compiled by Michael Bitzer, a politics and history professor at Catawba College in the state. 

“It is going to be a monumental task to try and implement an election in the quarter of North Carolina’s counties,” Bitzer said. “We’re into crunch time when it comes to holding an election and how this will be pulled off will take a Herculean effort.” 

Multiple election offices in the disaster area were still closed as of Thursday morning, according to the North Carolina Board of Elections. It’s also possible that some absentee ballots that were in the mail when the hurricane hit have been lost or damaged, while the Oct. 11 voter registration deadline looms. 

But North Carolina election officials are projecting confidence in the face of the crisis. The state fully intends for all counties to begin early voting as scheduled on Oct. 17, the state Board’s public information director Pat Gannon told The Hill, though some inaccessible or damaged sites may have to be moved or consolidated. 

Voters can contact their local office to check the status of their ballot, Gannon said. And if a ballot looks like it’s been lost, North Carolinians can ask for it to be re-issued, and state election systems will ensure only the one is counted. Individual counties are also assessing poll worker needs amid displacements, and the office is making plans to fill in any gaps.

“If nothing else, the counties and their boards of elections and their election officials and workers are going to do their utmost because they know that it’s dependent on them to make sure that the voters’ voices are heard,” Bitzer said, though he said it may take “some potential creativity” over the next couple weeks.

Over in Georgia, more than two dozen deaths have been attributed to the storm, according to Savannah Morning News. Some rural communities near the Florida-Georgia line have been hit hard, and rebuilding efforts may take longer than in other, more urban areas.

The secretary of state’s office started working before the storm landed to prepare for potential disruptions, and preparations remain on schedule, communications director Robert Sinners told The Hill. Early voting is set to kick off in the Peach State on Oct. 15.

Secretary of State Brad Raffensberger said this week that no election offices have suffered long-term damage, and that his office was working to make sure election workers are safe and equipment is functional.

“We have to let the first responders finish doing their jobs, but as power is restored and voting locations can be assessed, we will make sure that the upcoming election is safe, secure and convenient for all Georgia voters,” Raffensperger said.

But even if the states’ election systems can weather the storm, Helene could hamper voters on the way to casting their ballots. For some, wrecked roadways and homes mean physical barriers – while others simply may not have time to think about the election as they grapple with the fallout.

In Georgia, for example, the voter registration deadline is this coming Monday, Oct. 7 — and checking that off the to-do list isn’t likely to be top-of-mind for Americans struggling with Helene’s destruction, said Georgia State University policy and politics professor Tammy Greer. 

At the same time, some say the crisis could actually motivate voters in the affected states and elsewhere. 

“The underlying thought, when we consider the damage, the recovery, food, water, shelter — comes down to your elected officials,” Greer said. “So while the voting or registering to vote … it may not be topline, yet it is the through-current. It is that thread all the way through the response to the hurricane to how long the recovery is going to take.” 

Though Helene has wrought unique devastation, Election Day “is always during hurricane season” in the south, Greer noted. She stressed that the systems are strong and that, if affected voters want to cast their ballots, they’ll be able to make their voices heard, albeit with some new hurdles. 

North Carolina and Georgia are both critical battlegrounds in a competitive contest between Vice President Harris and former President Trump, and observers say Helene’s disruptions could roil the razor-tight race

The latest polling averages from Decision Desk HQ/The Hill show Trump is up by just a fraction of a percentage point in both states. In Florida, a state Democrats have grown optimistic about flipping and which has also borne Helene’s impacts, Trump is up 2 percent.

Both North Carolina and Georgia could be decided by a small number of voters, meaning any obstacles keeping voters from the polls could potentially tip the scales. Trump won both states in 2016, then North Carolina in 2020, while Biden eked out a win in Georgia. 

One of the areas hit hardest by the storm is Asheville, N.C., a Democratic stronghold, but the data suggests registered unaffiliated and Republican voters dominate the Helene-affected counties in the state. 

John Gasper, an associate teaching professor of economics at Carnegie Mellon University, said incumbents can sometimes be “punished at the ballot box” for issues outside of their control when catastrophe hits.But disasters broadly can serve as “good, exogenous tests of leadership” for politicians and officials alike, Gasper said, and a strong response can sometimes mean they’re “rewarded” at the ballot box instead.  

Both Trump and Harris have made visits to the Southeast in recent days, as has President Biden. The White House has provided $45 million in aid and deployed thousands of personnel to help with recovery. 

“The election is just one aspect of the recovery process. Efforts to restore electricity, save human life, obviously, are just as important, if not more important in the immediate aftermath,” Morley said. 

https://thehill.com/homenews/campaign/4917044-hurricane-helene-disruptions-voting-north-carolina/

Banks pull out checkbooks for LBOs as rates fall

 

Investment banks, forced to take big writedowns on risky merger and acquisitions loans after a global surge in interest rates, are now jumping back into leveraged buyouts — one of the most lucrative areas in finance.

Traditional lenders and private credit managers are telling private equity firms, known as sponsors, that they can provide more than $15 billion of debt on a single junk-rated deal. That’s about 50% more than last year, according to some market participants, when a number of loans were stuck on lenders’ balance sheets after central banks aggressively hiked rates to tame inflation.

https://www.bloomberg.com/news/articles/2024-10-05/banks-whip-out-checkbooks-for-lbos-as-rates-fall-credit-weekly

Power workers clean-up storm damage in North Carolina

 One week after Helene slammed into the Florida Panhandle and devastated wide swaths of half a dozen states, untold thousands remained cut off around Asheville, North Carolina, with many roads impassable and telecommunications and power equipment damaged or destroyed.

A power substation near the Swannanoa River in Biltmore Village was reportedly flooded completely. The Charlotte Observer reported that repairs to the substation would take three to four months. Duke Energy is installing a mobile substation to fill the void.

According to the Duke Energy outage map, more than 140,000 customers in North Carolina are without power.

Elsewhere along the river, multiple vehicles remained stuck in the water with downed trees and power lines fallen on the banks.

Clean-up crews were emptying the Grand Bohemian Hotel of mud-soaked, water-logged items, put in thick trash bags outside.

https://www.marketscreener.com/quote/stock/DUKE-ENERGY-CORPORATION-11076385/news/Power-workers-clean-up-storm-damage-in-North-Carolina-48010247/

VW CEO: Chinese automakers should be allowed to avert tariffs by investing in EU

  The CEO of German carmaker Volkswagen said the European Union should consider adjusting planned tariffs against China-made electric vehicles to make allowances for investments made in Europe.

"Instead of punitive tariffs this should be about mutually giving credit for investments. Those who invest, create jobs and work with local companies should benefit when it comes to tariffs," VW CEO Oliver Blume told Sunday paper Bild am Sonntag an interview.

The European Union will press ahead with tariffs on China-made electric vehicles, the EU executive said on Friday, even after the bloc's largest economy Germany and German carmakers rejected them, exposing a rift over its biggest trade row with Beijing in a decade.

The proposed duties on EVs built in China of up to 45% would cost carmakers billions of extra dollars to bring cars into the bloc and are set to be imposed from next month for five years.

The Commission, which oversees the bloc's trade policy, has said they would counter what it sees as unfair Chinese subsidies after a year-long anti-subsidy investigation, but it also said on Friday it would continue talks with Beijing.

VW's Blume told Bild am Sonntag that there was a risk that retaliatory tariffs by China would hurt European carmakers.


https://finance.yahoo.com/news/vw-ceo-chinese-automakers-allowed-220203765.html

JD Vance blasts Trump critics’ ‘inflammatory rhetoric’ at Butler, Pa., rally

 Standing on the very stage where his running mate narrowly avoided death, Republican vice presidential hopeful JD Vance admonished former President Donald Trump’s critics for stoking animosity against him.

Vance, 40, called out Vice President Kamala Harris by name as well as the media for trafficking in “inflammatory rhetoric” against Trump that he contended has culminated in political violence.

“With all the hatred they have spewed against President Trump, it was only a matter of time before somebody tried to kill him,” Vance bellowed out to a packed venue at the Butler Farm Show grounds Saturday.

With bulletproof glass shielding him, Vance lamented how the onslaught against Trump, 78, has raged on — even in the aftermath of two high-profile attempts on the former president’s life.

JD Vance helped warm up the crowd for Donald Trump’s arrival.REUTERS
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“Even after that terrible assassination attempt that took one man’s life and nearly took many others, they continue to use dangerous, inflammatory rhetoric. The media has continued to call Donald Trump — the guy who actually won his primary — a threat to democracy,” Vance bemoaned.

The precise motivations behind the July 13 Butler, Pa., shooter, Matthew Thomas Crooks, 20, are still somewhat murky because he was killed by a Secret Service sniper.

But authorities managed to detain Ryan Wesley Routh, 58, who attempted to carry out the second major would-be assassination attempt against Trump on Sept. 15. Because of that, they’ve been able to piece together a clearer picture of his motivations.

“In fact, before the gunman in Florida tried to kill Donald Trump, he wrote, ‘Democracy is on the ballot,’ the exact same words that Kamala Harris wrote after accusing Trump of being a dictator only days before the first attempt on his life,” Vance chided.

Earlier in his speech, which was intended to warm up the crowd before Trump took to the podium, Vance admonished Harris over that rhetoric.

The GOP vice presidential contender lashed out at the ‘inflammatory rhetoric’ from Trump critics.AP

“I think you all will join me in saying to Kamala Harris, how dare you talk about threats to democracy. Donald Trump took a bullet for democracy. What the hell have you done?” he said.

Vance also gave his running mate props, noting how “despite being shot here in Butler, President Trump immediately called for national unity.”

Trump had adjusted his speech for the Republican National Convention to call for unity, but as the 2024 campaign season carried on, the two rival campaigns resumed hurling bitter broadsides at one another.

“I honestly believe that what happened right here in Butler is a metaphor for the United States of America. In this land, we may get knocked down, but we get right back up, and we keep fighting,” Vance said.

On July 13, Trump had been clipped in his right ear by a bullet and crouched down before Secret Service agents piled on top of him to keep him safe.

Trump was shot in the right ear by Thomas Matthew Crooks at his first rally in Butler, Pa., on July 13.AP
JD Vance squared off against Democrat Tim Walz on the vice presidential debate stage Tuesday.AP

After the gunshots stopped, Trump emerged standing with blood seeping down his face and pumped his fist in the air, telling his supporters to “fight, fight fight” before being rushed away.

Shortly thereafter, Trump made clear he intended to visit the Butler Farm Show grounds again and finish what he started.

“At this exact spot nearly three months ago, we thought, President Trump was going to lose his life. But God still has a plan for him just like he still has a plan for the United States of America,” Vance later added.

Saturday, which happens to be exactly one month out from Election Day will mark Trump’s first return to Butler, Pa. since the tragic shooting that took place in July.

He vows to hit the campaign trail “almost every single day” in the lead-up to Nov. 5, The Post exclusively revealed Saturday.

https://nypost.com/2024/10/05/us-news/jd-vance-blasts-trump-critics-only-a-matter-of-time-before-somebody-tried-to-kill-him/