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For mainstream liberals in rural America, daily life involves dealing with far-right intimidation

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Yet the nation’s mainstream media remain utterly clueless—or at least, resolutely silent—in the face of this growing menace directed at anyone who dissents from the Trumpian right-wing program in rural America. The New York Times actually reported on this phenomenon last month—but only as a kind of meta overview. It’s rare if not impossible to find any major-media attempt to report in detail on how ugly the cultural scene has become for non-conservatives in these red areas.

Over the past weekend, though, members of the racist group White Lives Matter held a rally in Helena, Montana, near the state Capitol; Proud Boys turned up at a mall in suburban Oregon City, Oregon, to harass customers and shop clerks about requirements to wear masks; other Proud Boys turned up for a school board meeting in Washougal, Washington, to harass and threaten both school board members and other citizens; and in Post Falls, Idaho, militia “Patriots” recently showed up at the city library to harass students who turned out for an LGBTQ-friendly program. Notably, only the latter incident attracted any coverage at all from local media; the others all were reported only on social media.

We have known for some time that violent street groups like the Proud Boys and Oath Keepers have shifted their post-Jan. 6 strategy from a focus on large national events to small, mostly local opportunities to attach themselves to various right-wing causes. These events are generally organized as right-wing protests related to COVID-19 restrictions, or the supposed infiltration of critical race theory (CRT) into school curricula, or abortion rights—generally any cause will suffice. Once attached, the thuggish elements bring threats, intimidation, and actual violence.

In some cases, such as this weekend’s White Lives Matter rally in Helena, no local pretense was even deemed necessary; the white-supremacist hate group’s Montana chapter originally planned their march to occur on the grounds of the state Capitol as part of a nationwide WLM campaign for that day. It’s unclear whether the marchers ever appeared at the Capitol, but their demonstration, replete with a couple of large banners, appeared a short distance down one of the city’s busiest boulevards for a while.

While there, a local resident approached them with a cell phone and was aggressively confronted by masked neo-Nazis wearing skull masks; one of them carried a hammer. The men were flashing Nazi salutes and the white-nationalist “OK” sign, and demanded of the person with the cell phone: “You’re white too! You should be standing with us! Why are you a traitor to your race?” Another one says: “You’re not a white man!”

More often, however, the tactic has involved using threatening speech at organized civic events or public spaces that for various reasons—usually involving pandemic-related restrictions or the nonsensical “CRT” bogeyman—attract right-wing activists. Proud Boys and “Three Percenter” militiamen in particular have been flexing their muscles in rural communities, particularly since law enforcement in those precincts is generally sympathetic to them.

One of them showed up at a recent school board meeting in Washougal, a Portland-area exurb, and threatened both members of the school board as well as fellow audience members with retribution for their “cowardice” on CRT, sex education, and “the masks”—while himself hiding his identity behind one—as part of a threatening defense of the Proud Boys, which he called “the greatest brotherhood in the world”:

Okay, first thing I’m gonna do is I’m gonna address every man sitting on this board, looking at me right now. Every single one of you is a coward. You have failed your duty, your birthright given to you being born a male, respect of your kids and your community. And you know how I’m qualified to say that? Because I’m a father, I’m a husband, and I’m also a combat veteran. And now I’m also part of the greatest brotherhood in the world.

So all you men have been put on notice that you are cowards. And you have the power to stand up, and end the CRT, to end the sex ed, to get rid of the masks, to quit all this bullshit. You can end it. But you won’t, because you’re cowards. It’s all lies. Got it?

The other person I’m here to address is you [points finger at person in audience]. I don’t know what you—Donna Sinclair. So everybody with a group with the name Proud or Patriot in their name is the white supremacists, right? So explain to me, I’m an Asian man, but I’m a Proud Boy. You called us out. So I’d like to know what position you’re in, besides being white, to say that we’re white supremacists. Because that is not the case.

You know nothing about our brotherhood. In fact, you’re scared of it, but all you can do is hide behind your masks and hide behind your laws, and hide behind your rules. And guess what? One day, all that power’s gonna be gone. Because the people are gonna take it back. And every person in this room won’t forget each and every one of you, especially the men.

The man’s speech was greeted with enthusiastic applause by the audience.

A few days later, a group of “Patriots” organizing under the name Free Oregon, led by a Proud Boy named Dan Tooze, organized an anti-masking protest at the Clackamas Town Center mall in unincorporated Happy Valley, an exurban area east of Portland. The group parked their flag-festooned pickups in the parking lot of a sporting goods store and proceeded to stroll through the mall, harassing store clerks and mall security personnel who attempted to enforce the mall’s mask requirements.

The same extremists announced that they intend to organize a repeat performance at the Clackamas mall Tuesday.

Last month, a coalition of evangelical Christians and “Patriot” militiamen organized a protest in Post Falls outside the city library on the night it was hosting a program called the “Rainbow Squad,” an LGBTQ-friendly reading-discussion program.

Among the signs they carried, police body-camera footage shows, were slogans like “Flee From Sexual Immorality,” “Obey God Not Men,” “Sexual Immorality is an Abomination to God,” and “The Solution is Jesus Christ.”

On Facebook, a local “Panhandle Patriots” group closely associated with the far-right “American Redoubt” movement organizing in the region shared a post with its members calling out the library network’s upcoming meeting and urging others to attend:

The perversion that is becoming so pervasive in these libraries needs to be called out and CAST OUT.

We need people to show up and speak out, demand the removal of pro-LGBT books like the following:

[Links to such books as Auntie Uncle: Drag Queen Hero and Be Amazing : A History of Pride.]

A Post Falls native named Michelle White told the Coeur d’Alene Press that she and her two children had been participating for several months in Rainbow Squad events, saying she had always thought of the library as a “safe space” without judgment.

“These people are making it not a safe place for kids to gather by picketing and yelling at them as they go inside,” she told the Press. “Creating an environment that is not safe is not OK.”

Jessica Mahuron, the North Idaho Pride Alliance outreach coordinator, attended the November Rainbow Squad event and observed how the protesters’ intentions were to eliminate that safe space—and they succeeded.

“There were some people who felt intimidated from entering the building, others left because they were feeling so terrible, and for some, this is nothing new to them, so they stood strong,” Mahuron said. “The program is supposed to provide a safe, inclusive space for fun and friendship. What they experienced coming into that meeting was the exact opposite.”

That was clearly the intent. The pastor of the Family Worship Center in Hayden, Steven Hemming, claimed responsibility for the protest and responded to the coverage of their protest by defending it ardently, saying that “a lot of people present at the library that night are part of my congregation.”

“In other parts of our country the exploitation and sexualization of our children has come to a place where it is a losing battle with things like ‘drag queen story hour’ and other agendas to make immorality a fashion campaign for our future generations and completely destroy the family unit that God intended to thrive and prosper with His blessing,” he wrote.

He continued: “I, myself, and many, many others in our community are now aware of who we have on the library network board and who makes these decisions for our community. If the community does not want these things taking place in our libraries, then why are they happening?”

Katie Blank, chair of the Community Library Network board in Kootenai County, worries that the library will cease to be a safe space for all citizens.

“I think we have a very radical, conservative element in our community, and there’s an element that wants people to live one certain way and not allow people free choice,” she said. “That’s of concern to me.”

This is the same phenomenon the NYT observed last month, describing menace as an essential component of modern Republican politics—and how living under that cloud has exactly the powerful anti-democratic effect its users intend.

Michigan Congresswoman Debbie Dingell described how, after Tucker Carlson denounced her last year on his Fox News show, she was threatened by men with assault weapons outside her home. She shared a small sample of what she said were hundreds of profanity-laden threats she has received.

“They ought to try you for treason,” one caller screamed in a lengthy, graphic voice mail message. “I hope your family dies in front of you. I pray to God that if you’ve got any children, they die in your face.”

“You don’t understand how awful it is and how scary it is until you’re in it,” Dingell told the Times. “But not telling people that this violence isn’t OK makes people think it is OK.”

The threats are especially effective in shutting down democratic institutions and traditions. The Times described how Bradford Fitch, president of a firm that advises lawmakers on managing their offices, now recommends that none of them from either party conduct open public meetings because politics have become “too raw and radioactive.”

“I don’t think it’s a good idea right now,” Fitch said. “I hope we can get to a point where we can advise members of Congress that it’s safe to have a town-hall meeting.”



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ER doctor quits because Q nuts push him over the edge

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After more than three decades as a physician, the Q maniacs have succeeded in driving me out of providing care to patients. I, like many of my colleagues, am moving into medically-adjacent work, where we can continue to apply our training and decades off knowledge without ever having to come in contact with sick people.

I’ve been able to deal with the years of patients who attended Google Medical School, and the hours wasted explaining things such as why cinnamon cannot be used to treat diabetes, or that garlic and beetroot can’t treat HIV. And Lord save me from essential oils.

COVID and Q finally proved to be the one of amateur “experts” that was too much for me. The horrific deaths are beyond what you might imagine. They emerge almost unrecognizable to their families. Since June, I have never seen a horrible case of someone who was vaccinated. I have seen people struggling to breathe through lungs that have hardened to near uselessness, begging us in their ignorance to give them the vaccine now. We can tell, almost without fail, which ones will die when they come through the door of the ICU, but we do everything in our power to keep them alive – BIPAP, ECMO, ventilator – knowing we are stretching out the inevitable. We use paralytics with ECMO and ventilators, then ease them off to see if they can function. And as the drugs wane, the look of terror emerges, the tears. We try to calm them, to swallow our desire to scream at them: This is your fault! This didn’t have to happen! Often, their spouse or their uncle or neighbor is nearby, dying along with them. And we work hard for those rare cases where we can pull them back from the edge.

I could deal with all of that. What I can no longer handle is the screaming, not from the patients, but from the families. They are not screaming in anguish, or in recognition of how their foolishness has led them to this point. No, they are screaming at me. Because, you see, I am part of the global conspiracy to commit genocide. If only I would give 10,000 mg of Vitamin C – even though the body can only absorb a maximum of 100 mg a day, with the rest creating the world’s most expensive urine – they would be saved. Or hydroxychloroquine. Or ivermectin. Those have never been studied, they assure me, and when I tell them they have been, they snap that I don’t know what I’m talking about. I want, oh god I want, to tell them that if we are the ones responsible for killing their loved ones, then why the hell have they brought them to the hospital? Why throw them into our clutches? I know the answer: They know it is all lies. But their egos are so huge they cant bring themselves to admit it.

My breaking point came three weeks ago. I dealt with a particularly horrible case. This was a husband and father, 38 years old. A wife, two daughters, one son. All of age to get vaccinated, none vaccinated. If you could have seen his face, and the ravages left by both COVID and the time he spent prone on his stomach. An enormous clot kept reforming in his leg, and we had been forced to amputate his foot in hopes of keeping him alive. When he was awake, the look of terror in his eyes, the crying, the pain. It was nothing new. But the begging, over and over, “Don’t let me die.” And “Give me the vaccine.” All I could tell him is “We won’t let you” – although I never said we might not have any choice in the matter. And I told him, repeatedly, it was too late for the vaccine.

He begged me to bring in his family. A nurse called them, because they had never come to the hospital. They refused to wear masks, and so would not be admitted. The nurse told the wife that her husband was likely dying, and was begging to see them. All she cared about was masks. She would only come if she and her daughters didn’t have to wear any.

The nurse came to me and told me the wife wanted to speak to me. I got on the phone and she ordered me to cure him with ivermectin and vitamin C & D. I explained to her, those do not work, they have been extensively studied and the amount of ivermectin needed to treat even mild COVID would kill a human being. Once again, I was told I was ignorant. I asked her to come down to the hospital, to bring her children, to at least wait outside. Somehow, she agreed.

The nurses were all busy, and I took over the role they usually perform, comforting the dying. I sat beside the man’s bed. Through tears, he rasped out sounds I could vaguely understand as a question. I guessed at what he was asking, and assured him that yes, his family was coming. He was so frightened, and I could tell he knew death was unavoidable. I’m not religious, but I knew he was, and I talked about the comfort of Jesus as I held his hand. About a minute later, he coded. We tried to save him, but there was nothing to be done. He died.

Twenty minutes later, I heard from a nurse that the family was here, that they had made a ruckus down in the lobby demanding to be let upstairs without masks, and had been thrown out of the hospital. I consulted with a few colleagues who agreed to cover me so that i could speak to them in the parking lot. I took the elevator down, and asked security to point out the family that refused to wear masks. Fortunately, they had not left.

I stepped outside, went to the wife, and identified myself. I told her that I was sorry, that we had done everything we could, but her husband had passed a few minutes earlier. I did not manage to get the words of the sentence fully out of my mouth when I felt the fist strike my face and heard the screamed words “You murderer!” I fell backwards, tripped, and plopped onto the pavement, the back off my head striking asphalt. I vaguely heard the words being screamed about ivermectin and hydroxychloroquine and god knows what else. I heard “you could have saved him if you listened!” I tasted blood from the top of my lip. It took a moment to know it was seeping from my nose, which she had broken. My mask was getting wet, and thus useless. Security grabbed her. They were getting ready to call the police, but I knew if they did, I would become the next national target for the Q maniacs. I told them to just put her in her car. I wasn’t going to press charges. I went back to the hospital.

I started looking for a new job the next day. I will never treat a patient again.

Thank God.



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Need for sustainable trading system due to COVID-19: BGMEA

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There is a need for sustainable trading system and buyers-suppliers relationship to perform well in the ‘new normal’ situation that has emerged as a result of the COVID-19, as per the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). The pandemic has created opportunities like virtual marketplace and expansion of online-based sales. 

It is high time Bangladesh made investments in the backward linkage industry to develop own capacity and capability, said BGMEA president Faruque Hassan at an event where leading regional economists and business executives discussed prospects of expected growth business sectors in 2022.

“Deeper partnership that brings greater agility and accountability will help us to mitigate future ruptures. The uncertainty and vulnerability created due to that overconcentration has been greatly exposed during the COVID-19. Since we have proudly graduated from LDC status, a strong and self-sufficient backward linkage industry will also help us to comply with double transformation rules of origin,” said Hassan in a press release.

“Virtual marketplace can be a big source of our growth, as well as to move from OEM (Original Equipment Manufacturer) to be design and brand manufacturers. But we cannot do it alone. It can only be done through the regional collaboration and cooperation of the brands and other stakeholders,” added Hassan.

The BGMEA president also laid emphasis on more focus on capacity building re-skilling and up-skilling of workforce to cope up with the technological changes due to the 4th Industrial Revolution.

Fibre2Fashion News Desk (RR)



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Rules For Successful Online Trading

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You might have seen a lot of people talking about their success stories of online trading. This causes a lot of curiosity in many people to put their money in the market and earn high returns of them. Something the lack of information about the market can create high losses to the person that even can result in bankruptcy. This is the reason many experts say that; it is always better to plan the trade to get good returns in near future.

Here is the list of rules that will help in successful online trading. Let’s have a look at them.

  • Always use a trading plan: A trading plan can be a set of certain rules that the person needs to follow while trading in the market. This is a great way that will help in managing the money. nowadays the use of the latest technology help provides with the best ideas about the movement of the market. accordingly, timely decisions can be taken.
  • Always treat your trading as a business: Trading in the share market is like a business. For this, the person needs to invest at the right time in the right way. Even timely decisions need to be taken to get the best returns. Like every businessman, the person in the share market also needs to take some risk and research for the strategies that will be helpful in the long run.
  • Use of advanced technology: Without any doubt, the only success to the person in such times can be because of advanced technology. Nowadays, technology has enabled many people to have an in-depth look at the movement of the market. the updates regarding the market are sent on mobile phones in real-time. this makes it even easier for people to make the best decisions on time.
  • Become a student: Not every person might be knowing the whole market. So it is better to be a student and keep on learning about the different concepts of marketing. All such knowledge will make the person more focused on the market and can make good decisions on time. all the hard researches will allow the person to know the real working of the market which is great for future investments.
  • Risk only if you can afford it: Many a time it is seen that many people just invest in the share market without knowing the actual risk of investing. This can cause huge losses to the person. being a trader, it is highly recommended to take only that amount of risk that can be easily borne by you. Taking unnecessary risks can cause a lot of danger to the money that the person has.

It will be great to have a look at the market before making the final decisions for the investment. If you want to have expert advice, the person can easily get it from the team of experts at 5paisa. It is one of the leading online platforms that provide real-time information to all of its clients.

OECD’s ‘Pillar Two’ rules for implementation of 15% global minimum tax

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The Organisation for Economic Cooperation and Development (OECD) recently published detailed rules to assist implementation of a landmark reform to the international tax system, which will ensure multinational corporations (MNCs) will be subject to a minimum 15 per cent tax rate from 2023. The rules define the scope and set out the mechanism for the Global Anti-Base Erosion (GloBE) rules under ‘Pillar Two’.

The Pillar Two model rules provide governments a precise template for taking forward the two-pillar solution to address the tax challenges arising from digitalisation and globalisation of the economy agreed in October 2021 by 137 countries and jurisdictions under the OECD/G20 Inclusive Framework on BEPS.

The minimum tax will apply to MNCs with revenue above €750 million and is estimated to generate around $150 billion in additional global tax revenues annually, according to an OECD press release.

The Organisation for Economic Cooperation and Development has published rules to assist implementation of a reform to the global tax system, which will ensure multinational corporations will be subject to a minimum 15 per cent tax rate from 2023. The rules define the scope and set out the mechanism for the Global Anti-Base Erosion rules under ‘Pillar Two’.

The GloBE rules provide for a coordinated system of taxation intended to ensure large MNC groups pay this minimum level of tax on income arising in each of the jurisdictions in which they operate. The rules create a ‘top-up tax’ to be applied on profits in any jurisdiction whenever the effective tax rate, determined on a jurisdictional basis, is below the minimum 15 per cent rate.

The Pillar Two model rules also address the treatment of acquisitions and disposals of group members and include specific rules to deal with particular holding structures and tax neutrality regimes. They also address administrative aspects, including information filing requirements, and provide for transitional rules for MNCs that become subject to the global minimum tax. 

In early 2022, the OECD will release the commentary relating to the model rules and address co-existence with the US Global Intangible Low-Taxed Income (GILTI) rules. This will be followed by the development of an implementation framework focused on administrative, compliance and co-ordination issues relating to Pillar Two.

Fibre2Fashion News Desk (DS)



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Omicron surges; military believed Trump might use them to seize power

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Even Trump’s top defense officials believed he might betray the nation rather than give up power. Everyone around him knew he was capable of it.

In the news today: The omicron variant of COVID-19 is looking to be bad news for the unvaccinated—but potentially catastrophic for overworked hospitals. Rethink travel plans, wear masks, and make sure you’ve gotten your booster if it’s time for you to get one.

New evidence on the January 6 coup attempt suggests that the reason the National Guard was so slow in coming to lawmakers’ aid during the violence was that military officials believed doing so would play into Trump White House plans to use the Insurrection Act to seize power through force. Because that is a thing our military must now take into consideration when Republicans are in office.

And as we near the year’s end, Sen. Joe Manchin continues to be pilloried as he makes excuses for why he won’t vote for key climate and infrastructure legislation no matter how many concessions he extracts from Biden and his fellow Democrats. He says he doesn’t want a child tax credit because parents will just use it for drugs. That’s right, he drives a Maserati bought with coal money, lives on a boat bought with coal money, and says we can’t give his voters food money because they might waste it. He’s a frickin’ cartoon.

Here’s some of what you may have missed:



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Bangladesh’s BTMA demands yarn import through land ports

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The Bangladesh Textile Mills Association (BTMA) recently suggested forming a permanent monitoring committee to look into yarn import through three land ports—Benapole, Bhomra and Sonamasjid. The four-point proposal by the spinners’ association reiterated their previous stance and opposed allowing partial import of yarn through these land ports.

BTMA urged the government to ensure the required infrastructure with installed yarn measurement equipment according to its count and deploy skilled workers to deal with the import of raw materials for readymade garments (RMG) before allowing them through these three land ports.

BTMA president Mohammad Ali Khokon wrote a letter to the National Board of Revenue (NBR) in this regard.

The Bangladesh Textile Mills Association (BTMA) recently suggested forming a permanent monitoring committee to look into yarn import through three land ports—Benapole, Bhomra and Sonamasjid. The four-point proposal by the spinners’ association reiterated their previous stance and opposed allowing partial import of yarn through these land ports.

High global cotton prices have pushed up the prices of locally-produced yarn, he wrote, and as a result, RMG makers are facing an uneven competition with other countries.

Currently, the industry can import raw materials like cotton, yarn, fabrics and others used for readymade garment manufacturing under the bonded-warehouse facility through Benapole while partial imports are allowed only in Chattogram port.

Amidst the hike in price of yarn in the domestic market, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Bangladesh Terry Towel and Linen Manufacturers and Exporters Association (BTTLMEA) in August had urged the government to allow import of raw materials, including cotton, yarn and fabrics, under the bonded-warehouse facility through all the land ports between Bangladesh and India for uninterrupted production and retaining competitiveness in the global apparel market. BTMA had then opposed yarn import through all land ports.

The BGMEA, BKMEA and BTMA later jointly fixed the upper ceiling of yarn prices taking the global cotton prices into consideration and agreed to review the rate from time to time if needed.

Fibre2Fashion News Desk (DS)



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Mind-Blowing ‘The Matrix Resurrections’ Is More Smug Than Smart

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The Matrix Resurrections is audacious, as bold in its implausible premise as its explosive execution. That’ll hit you exactly right — or exactly wrong — depending on your appetite for writer-director Lana Wachowski’s solo expansion of a world she and Matrix co-creator Lilly Wachowski once swore was finished.

For me, the experience was a mix of mind-blowing highs and soul-crushing lows that left me extremely entertained, but also deeply dissatisfied. Its handwavy sci-fi logic and clunky plotting are sure to be as divisive as the first two sequels, The Matrix Reloaded and The Matrix Revolutions (both 2003). Yet this sequel is undeniably a better film, mirroring much of the structure and purpose that made the first movie work so well.

The problem, at least for me, was pairing the intense excitement of Resurrections’ stellar first act — it’s seriously so good I thought I stopped breathing — with another 2+ hours that don’t live up to the literal promise it makes. Of course, complex stories you have to piece together on the way home are Wachowski’s speciality; see Cloud Atlas and Jupiter Ascending. But the fearless retconning of Resurrections goes further faster, and its meta-comedy, which touches heavily on authorship and the merit of superfluous sequels, makes those post hoc rationalizations more smug than smart.

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I love you, but this needs to be the last time we see each other.

Arriving over a decade after Reloaded and Revolutions, the fourth Matrix installment leaps 18 years into the future. Hacker Thomas Anderson (Keanu Reeves) is back in the Matrix despite his prophecy-fulfilling death that concluded the last movie. But today, Thomas is unaware of his alter-ego Neo, his true love Trinity (Carrie-Anne Moss), or his place in a simulated world run by machines. What’s worse, instead of fighting for the fate of Earth, he’s blue-pilling it up as an in-Matrix video game developer. (That’s funny for a dozen different reasons, not least of which is the role games like Cyberpunk 2077 played in the 2019 “Keanaissance.”)

But is there something strange about Thomas’ world? Maybe something he’s…”known all his life”? Resurrections is fittingly about bringing The One back out of the Matrix, and into a new phase of the battle between humans and machines. (Well, at least in the beginning. This movie goes places.) It’s a story that lends itself well to both juiced-up recreations of moments from the original, as well as actual clips from it. The film’s integration of the old with the new is a fascinating feat. Pitch-perfect performances from Reeves and Moss bridge the gap between the glossy and colorful Resurrections with the more muted and moody The Matrix, making it a one-of-a-kind nostalgia trip that both furthers the story while harkening to its origins.

Still, Resurrections is in large part a retread of old material, with its most thrilling moments sporting the copycat sheen of other beloved story sequels like the recent Ghostbusters: Afterlife. Franchise newcomers including Yahya Abdul-Mateen II, Jessica Henwick, Jonathan Groff, Neil Patrick Harris, and Priyanka Chopra Jonas help breathe life into the many, many narrative additions that makes Resurrections more than a remake. But, in the spirit of the holiday, it does feel like regifting. Resurrections shouldn’t be absolved of the criticism other films like it have faced for prioritizing rehashed fan service over good storytelling — no matter how cleverly it explains that away.

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Visually, ‘Resurrections’ is flawless. Narratively, not so much.

And the final chapter in the now Matrix tetralogy does have some real storytelling issues. The razor-sharp setup of Resurrections sticks in your mind, even as the movie’s rambling narrative and hyper-dense exposition urges you to forget what you were assured. Plot holes abound, though in the standard Wachowski way — meaning they might not really be plot holes, but you’ll need a copy of the script and possibly a calculator to sort out why they’re technically right.

Upon exiting the theater, I sat in the silence of my car for a long time, grappling with unanswered questions. It wasn’t until I involuntarily muttered “Yeah, what?” that I broke my own trance and remembered to drive home. That’s the kind of movie The Matrix Resurrections is — deeply engrossing but with a vexing edge that kept me from ever becoming fully immersed.

The Matrix Resurrections is in theaters and on HBO Max Dec. 22.

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Find Strong Stocks for 2022 with Return on Equity

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The market bounced back in a big way Tuesday, with investors sending the S&P 500 back above its 50-day moving average. The level has been breached three times in the past month, with investors buying the dip every time. The tech-heavy Nasdaq is also now on the verge of climbing back above its 50-day.

– Zacks

Much of yesterday’s selling was hung on another round of major lockdowns in parts of Europe. Luckily for the economy and the market, President Biden addressed the country Tuesday afternoon, with his focus on beefing up at-home testing and providing help for possibly overburdened hospitals.

The buying started to ramp up mid-morning as it became clear sweeping lockdowns in the U.S. weren’t on the table. Alongside new covid fears, the market was due for a broader downturn and Wall Street has used the end of the year to take home profits and conduct other portfolio housekeeping efforts.

Despite the more volatile fourth quarter, the Nasdaq is still up 18% this year, with the S&P 500 24% higher. Plus, the overall earnings and interest rate environment is bullish for U.S. equities next year, even in the face rate hikes.

With this in mind, some investors might want to add to their portfolios for 2022. Today, we utilized a Zacks screen to help find highly-ranked stocks that have proven they can turn assets into profits…

ROE

Return on Equity or ROE helps investors understand if a firm’s executives are creating assets with investors’ cash or burning it. ROE shows a company’s ability to turn assets into profits. Put another way, this vital metric measures the profits made for each dollar of shareholder equity.

ROE is calculated as net income / shareholder’s equity. For example: if $0.10 of assets are created for each $1 of shareholder equity that would equal a ROE of 10%.

Overall, Return on Equity is a great item to use regardless of what type of investor you are since it provides insight into management’s ability to create value and keep costs under control. Plus, if ROE slips, it can alert us to potential problems.

With all that said, let’s take a look at this screen’s parameters and see the companies proving they can return value to shareholders instead of churning through their cash…

• Zacks Rank equal to 1

The Zacks Rank looks at upward earnings estimate revisions, among other metrics, in order to find companies that are projected to see their earnings get stronger. In fact, beginning with a Zacks Rank #1 can be a great starting point because it boasts an average annual return of over 25% per year during the last 30 years.

• Price greater than or equal to 5

Today we ruled out any stocks that are trading for less than $5 a share because they can be more volatile and speculative.

• Price/Sales Ratio less than or equal to 1

On top of that, we are looking for a low price to sales ratio. Today we went with 1 or below as this range is usually thought to provide better value since investors pay less for each unit of sales.

• % (Broker) Rating Strong Buy equal to 100 (%)

In this screen, we decided to go with companies that brokers are fully on board with since ratings are typically skewed strongly toward ‘buy’ and ‘strong buy.’

• ROE greater than or equal to 10

Lastly, but most importantly for today’s screen, we got rid of any companies with Return on Equity of less than 10 because the median ROE value for all of the stocks in the Zacks Universe is under 10.

Here are two of the dozen stocks that made it through today’s screen…

Citi Trends CTRN

Citi Trends, Inc. is a growing specialty value retailer of apparel, accessories, and home trends. Citi Trends boasts that it sells “for way less spend primarily for African American and Latinx families in the United States.”

Citi Trends currently operates roughly 600 stores across 33 states. CTRN’s Q3 revenue popped 14.5% and its adjusted earnings skyrocketed to $1.03 a share, which helped it crush our EPS estimate. Plus, Citi Trends’ gross margin came in at 40.3%. Plus, the Citi Trends board approved a new share repurchase program of $30 million.

Bluegreen Vacations Holding Corporation BVH

Bluegreen Vacations is a leading vacation ownership company. Bluegreen Vacations markets and sells vacation ownership interests (“VOIs”) and manages resorts in popular leisure and urban destinations.

Bluegreen Vacations has blown away our adjusted Zacks earnings estimates in the trailing four quarters, with an average beat of 695%. Bluegreen Vacations is projected to post a huge comeback year in 2021 and then follow it up with higher revenue and earnings in 2022.

Get the rest of the stocks on this list and start looking for the newest companies that fit these criteria. It’s easy to do. And it could help you find your next big winner. Start screening for these companies today with a free trial to the Research Wizard. You can do it.

Click here to sign up for a free trial to the Research Wizard today.

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Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance/

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‘The Matrix Resurrections’ Reviews Are In. Here’s What Critics Have To Say.

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The Matrix Resurrections, the fourth installment in the Matrix series, is here, and critics are divided. Many find it better than the sequels to the original, but others argue that it was completely unnecessary.

The Matrix Resurrections opens with Neo (Keanu Reeves) back in the Matrix. Now a successful video game designer (his series of games is called The Matrix), he feels as though his reality isn’t what it seems. Carrie-Anne Moss returns as Trinity alongside Reeves, but The Matrix Resurrections introduces several new faces to the franchise, including Jonathan Groff, Jessica Henwick, and Yahya Abdul-Mateen II.

Here’s what critics are saying about The Matrix Resurrections.

An interesting, if flawed, reboot

Mashable, Alison Foreman

[The Matrix Resurrections] was a mix of mind-blowing highs and soul-crushing lows that left me extremely entertained, but also deeply dissatisfied. Its handwavy sci-fi logic and clunky plotting are sure to be as divisive as the first two sequels, The Matrix Reloaded and The Matrix Revolutions (both 2003). Yet this sequel is undeniably a better film, mirroring much of the structure and purpose that made the first work so well.

The Hollywood Reporter, John DeForge

It is…the kind of sequel Hollywood wants most — practically the same thing as the first, with just enough novelty to justify its existence — albeit one that thinks it can have it both ways, both bowing to and sneering at the industry’s need for constant regurgitation of familiar stories.

The Guardian, Peter Bradshaw

This is a heavy-footed reboot which doesn’t offer a compelling reason for its existence other than to gouge a fourth income stream from Matrix fans, submissively hooked up for new content, and it doesn’t have anything approaching the breathtaking “bullet time” action sequences that made the original film famous.

USA Today, Brian Truitt

The new Matrix tries to reprogram a beloved piece of cinema. However, it’s quite a few fixes short of a full upgrade.

Variety, Peter Debruge

Essentially a greatest hits concert and a cover version rolled into one (complete with flashback clips to high points from past installments), the new movie is slick but considerably less ambitious in scope than the two previous sequels.

The Matrix

None
I think I’ve seen this film before.

Mashable, Alison Foreman

Complex stories you have to piece together on the way home are Wachowski’s speciality; see Cloud Atlas and Jupiter Ascending. But the fearless retconning of Resurrections goes further faster, and its meta-comedy, which touches heavily on authorship and the merit of superfluous sequels, makes those post hoc rationalizations more smug than smart.

Polygon, Joshua Rivera

Casting the previous films as in-world video games allows The Matrix Resurrections to function as a refreshingly heavy-handed rebuke of the IP-driven reboot culture that produced the film, where the future is increasingly viewed through the franchise lenses of the past, trapping fans in corporate-controlled dream worlds where their fandom is constantly rewarded with new product.

Surprisingly romantic

The Hollywood Reporter, John DeForge

Machine guns, flying robots and pods of goo notwithstanding, some of the picture’s most engaging scenes are those in which Neo/Thomas interacts with Trinity in that world, where she’s a married mother named Tiffany, and tries to coax her into remembering the life they once shared.

Entertainment Weekly, Joshua Rothkopf

Resurrections does eclipse its predecessors for full-on, kick-you-in-the-heart romance: Reeves and Moss, comfortable with silences, lean into an adult intimacy, so rare in blockbusters, that’s more thrilling than any roof jump (though those are pretty terrific too). Their motorbiking through an exploding city, one of them clutching the other, could be the most defiantly sexy scene of a young year.

The Guardian, Peter Bradshaw

The Matrix Resurrections has a degree of charm as a love story of middle age, and usually returning action franchises give their aging male lead a younger female co-star. Not here: it’s a pleasure to see Moss return, but a shame to see her given so little interesting to do.

The Matrix Resurrections hits theaters and HBO Max Dec. 22.

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