Democratic presidential candidate Sen. Elizabeth Warren has grand ambitions for spending other people’s money. Her latest proposal was (by her own estimation) a $1.25 trillion policy proposal for student loan forgiveness and free college.
CBS News made a $49,950,000 error when it reported that Warren’s reparations plan “would also create some incentives for black students and lower-income families such as a fund with at least $50 million for historically black colleges and universities.”
At Slate.com on Friday, Felix Salmon called the Ford Motor Company "heartless" for its plans to phase out most of its car models, because "The losers, of course, will be the workers." Saturday, Ford responded that no jobs will be lost at its Chicago Assembly plant in converting it to light truck production. Salmon posted that response at the end of his column, but in three days he and Slate haven't changed their "heartless" — and baseless — assessment.
A recent article in The Guardian dons the foreboding title "Robots will destroy our jobs -- and we're not ready for it." The article claims, "For every job created by robotic automation, several more will be eliminated entirely. ... This disruption will have a devastating impact on our workforce."
I'm calling foul on all the leftists rushing to protect the NFL's protest crusaders from President Donald Trump's criticism of their national anthem antics. Their shabby line of defense? The NFL is a "private enterprise" whose "rights" are being violated by those who dare to challenge the league's political radicalization. The anti-Trump Democratic Coalition has even filed an ethics complaint alleging that the president's comments constitute a criminal violation against using government offices "to influence the employment decisions and practices" of a private entity.
Somehow, CNN thought it’d be an excellent idea to give New Day co-host Chris Cuomo a week-long tryout for a possible primetime show. Needless to say, Cuomo made a fool of himself on Wednesday, pushing fake news about climate change and alleging storms like Hurricane Harvey are happening “every other year.”
On the Wednesday edition of her HLN show, conservative/libertarian host S.E. Cupp ripped into the current political debate over disaster relief funding in light of Hurricane Harvey that’s centered around how lawmakers felt about the so-called Sandy relief package in January 2013.
What everyone knew would happen as a result of Philadelphia's 1.5 cents-per-ounce soda tax began materializing on Wednesday, as Pepsi announced that it would lay off roughly 20 percent of its workforce there over the next several months. Coverage at both Philly.com and Associated Press allowed the city to engage in fantasy by claiming without meaningful challenge, or even clarification, that Pepsi in particular, but clearly other beverage makers by implication, should be using profits earned elsewhere to subsidize their Philly operations.
Andrew Ross Sorkin is considered a financial guru - a savant of all things business. So how is he so very, very wrong about government teat specialist Elon Musk?: “Donald Trump: Please think about calling Elon Musk….Mr. Musk…(is) the real-life Tony Stark behind Tesla, the electric car company; SolarCity, the solar power provider; and SpaceX, the rocket company….”
Actually, Elon Musk isn’t the Tony Stark of anything. And the only person behind Tesla and Solar City is a government bureaucrat - writing Musk yet another government check.
The day after Election Day, Rolling Stone publisher Jann Wenner met with President Barack Obama. The primary takeaway from that interview, published in late November, was, as Tim Graham at NewsBusters noted, how Obama partly blamed Hillary Clinton's election loss to Donald Trump on “Fox News in every bar and restaurant in big chunks of the country.” Additionally, Wenner, in what seemed at the time to be a crybaby throwaway line, suggested that "the news business and the newspaper industry, which is being destroyed by Facebook, needs a subsidy so we can maintain a free press." Unfortunately, New York Times President and CEO Mark Thompson shares both Wenner's lament and his suggested remedy. Thursday, establishment press pressure on Facebook brought about potentially ugly results.
Chuck Todd joined colleagues Mark Murray and Carrie Dann in a Wednesday article on NBC's First Read blog that decried President-Elect Donald Trump's "dangerous game of...picking winners and losers" in the economy. The trio oddly wondered, "Despite all of the corporate criticism of President Obama's first few years in office...has Trump intervened more in companies -- directly and individually -- in his month as president-elect more than Obama ever did?"
Vice President-Elect Mike Pence appeared on NBC’s Meet the Press on Sunday to discuss Donald Trump’s fast approaching presidency. What he got, at one point, was moderator Chuck Todd grilling him on why Trump couldn’t save some 700 jobs Carrier still sent to Mexico. “You gave a tax break -- some people could say you gave a tax break to Carrier so that they would only send 700 jobs overseas,” he told Pence.
President-Elect Donald Trump’s latest batch of cabinet nominations is drawing fire from liberal media elites with smears like “The wealthiest cabinet in history.” But the frustration over the nominees’ financial success is made humorous when it’s other super wealthy people throwing the fit, such as Al Sharpton during MSNBC’s PoliticsNation on Sunday. “I mean, how concerned… should Democrats be about the fact that all of these multi-corporate connected Wall Street millionaires guys,” he wondered.