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Chris McNutt Vindicated, Texas House Speaker Dennis Bonnen Will Not Seek Re-Election

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The man responsible for killing Texas’ Constitutional Carry bill in 2019, — Texas House Speaker Dennis Bonnen —announced on Tuesday, October 23, 2019 that he will not be running for election in 2020.

As Texas Gun Rights reported in an email update, Bonnen is “laying the Speaker’s gavel down in disgrace and slamming the door shut on a 22-year career in the Austin swamp.”

Bonnen was caught in the middle of a backroom deal where he promised to give media credentials to Empower Texans CEO Michael Quinn Sullivan and his staff in exchange for attacking several House Republicans.

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News of this encounter caused tremendous chatter at the state capitol and the recording was eventually made public.

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The fallout was tremendous and Bonnen could no longer take the heat.

However, Texas Gun Rights reminded its members in an email that Bonnen’s refusal to run for re-election “all started because the Republican Speaker picked a fight with TXGR and the Second Amendment.”

When Bonnen decided to go after Texas Gun Rights Executive Director Chris McNutt for peacefully canvassing in his neighborhood, it became clear that he was in for a fight.

Texas Gun Rights responded accordingly by turning up the pressure on Bonnen through its email and social media campaigns.

Bonnen tried to sully McNutt’s reputation in the media, but the no compromise lobby did not let up in attacking him.

The House Speaker even threw a public fit when he confronted McNutt in person at a Texas Republican meeting.

Texas Gun Rights then filed a lawsuit to defend McNutt’s image from Bonnen’s vicious attacks.

Conservatives throughout Texas started to take notice of Bonnen’s actions and demanded some degree of accountability.

After all, the 2019 legislative session was seen as a disappointment by conservatives across the state for not addressing key issues such as abortion, gun rights, or property taxes.

The meeting that Quinn Sullivan scheduled with Bonnen proved to be fateful as he caught Bonnen and his lieutenant Dustin Burrows via recording trying to buy off his group.

By releasing the recording of this incident, the Empower Texans CEO was able to seal Bonnen’s fate by exposing him as another wheeling and dealing politician. GOP leaders across the state called for Bonnen to step down from his position.

For gun owners across the state, Bonnen being out of the picture will make it easier to move pro-gun legislation like Constitutional Carry.

 

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Billionaires Have Made Half a Trillion Dollars While Tens of Millions File for Unemployment

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As the number of Americans filing for unemployment approaches 40 million, America’s billionaires are cruising along without any worries.

According to a CNBC report, billionaire fortunes climbed by a total of $434 billion since the middle of March,

At the top of the list are Jeff Bezos and Mark Zuckerberg, whose respective fortunes increased by $34.6 and $25 billion, according to the Americans for Tax Fairness and the Institute for Policy Studies’ Program for Inequality. Zerohedge noted that both organizations came to this conclusion “based on Forbes data for America’s over 600 billionaires collected between March 18 and May 19.”

Tyler Durden highlighted the following stats:

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Percentage-wise, Elon Musk’s wealth grew 48% to $36 billion, while Zuckerberg clocked in at 46%. Bezos’ wealth grew 31% to $147 billion. His ex-wife, MacKenzie Bezos, saw her wealth increase by roughly 33% to $48 billion. On average, American billionaires saw their net worth grow 15% during the two-month period from $2.948 trillion to $3.382 trillion.

 

Via inequality.org

Bezos, Bill Gates, Zuckerberg, Buffett and Larry Ellison saw their wealth increase by a total of $76 billion.

“The surge in billionaire wealth during a global pandemic underscores the grotesque nature of unequal sacrifice,” declared Chuck Collins, director of the IPS Program on Inequality and co-author of the Billionaire Bonanza 2020 report. “While millions risk their lives and livelihoods as first responders and front line workers, these billionaires benefit from an economy and tax system that is wired to funnel wealth to the top.”

However, some billionaires haven’t benefited so much:

Still, the pandemic hasn’t been kind to other billionaires – whose yacht upgrades may need to wait. Those in travel and retail have taken a beating. Ralph Lauren saw his wealth drop by $100 million to $5.6 billion, while hotelier John Pritzker has seen a $34 million drop to $2.56 billion. We know, time to get a collection going.

 As Americans experience economic uncertainty, certain business giants are clearly benefiting.The country needs to re-open in a timely manner.Failure to do so will widen this economic gulf and catalyze social unrest.

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