Banking/Finance
Listen to the two-beat sound at the very end of the clip. Reminiscent of the famous "doink-doink" from NBC's" Law & Order," no? Viewers would be forgiven for thinking that the clip [which aired on CNN this morning] was indeed a promo for a TV crime show. Or might it have been an anti-Trump attack ad from the DNC? It's not until the New York Times logo appears at the very end that it's seen to be a commercial for the newspaper, making the explicit commercial pitch ["the truth is worth it"] for an investigative attack on President Trump's finances.
Liberal presidential candidate Sen. Elizabeth Warren (D-MA) envisioned an economic crash just around the corner, and the far-left hosts of The Young Turks could not contain their excitement. It seems Warren and The Young Turks share the same delusion about the state of the current economy being awful. Young Turks co-host Ana Kasparian began by applauding Warren for “finally sounding alarms on what the reality is of our economic situation.” She accused the media of regurgitating “talking points about how the economy is doing so well” and claimed with just “a little bit deeper dive you’ll find that the economy is not doing well.”
Democratic presidential candidate Sen. Elizabeth Warren (D-MA) offered a “dark prediction” of economic crisis and the liberal media immediately helped her sell those fears. Warren wrote of “The Coming Economic Crash and How to Stop It” on Medium on July 22. In it, she claimed “top economists” warned if the debt ceiling is breached there could be a “catastrophe” worse than 2008’s Lehman Brothers failure. That morning, CNN Newsroom With Poppy Harlow and Jim Sciutto discussed Warren’s prediction on her terms, rather than pushing back hard on such a dramatic claim.
Far-left candidate Sen. Elizabeth Warren's (D-MA) latest plan to restructure the economy and regulate Wall Street came with a denouncement of private equity companies as “vampires.” MSNBC Live with Stephanie Ruhle boosted Warren’s so-called “economic patriotism” plan on July 18, but ignored that creepy insult. Nor did they discuss whether private equity firms are actually villains or being misrepresented by Warren. MSNBC anchor Stephanie Ruhle was practically grinning as she announced that Warren, whom she called “the candidate with a plan for everything,” was “out with another one, this time aimed at a very familiar target: Wall Street.”
Elizabeth Warren is trying to portray herself as the serious candidate with a left-wing plan to address the nation's issues. On Thursday, CNN Newsroom hosts Poppy Harlow and Jim Sciutto were joined by CNN correspondent MJ Lee to discuss Warren's Wall Street proposals in a segment that ended with Sciutto stating that the plan was not far-left "whackadoodle."
The left have cheered Sen. Elizabeth Warren’s (D-MA) rise in the polls after the Democrat debates. Now they have pronounced her Wall Street’s choice for the 2020 presidential election. Bloomberg reporters Lananh Nguyen and Tyler Pager on July 3 praised Warren for drawing support from a “small but growing circle of senior bankers and hedge fund managers” on Wall Street. They presented Warren as an “acceptable alternative” to left-leaning Wall Streeters, in contrast to the candidates who “trigger their most visceral objections.” Of course, those candidates were President Donald Trump and democratic socialist Sen. Bernie Sanders (I-VT).
On the second episode of BBC’s Years and Years, which aired in the United States on HBO July 1, the woes of the Lyons family have become more catastrophic. A year has passed since the nuking of the Chinese island of Hong Sha Do in the final days of the Trump presidency, which has brought about sanctions and trade wars.
Already a biased journalist on the environment based on his December 30 Meet the Press stunt, MTP Daily host Chuck Todd brought on socialist Congresswoman Alexandria Ocasio-Cortez (D-NY) for Thursday’s show to discuss how she views the 2020 field, the Green New Deal, and socialism. Not surprisingly, he operated on her turf and didn’t pressure her on any of the outlandish, Soviet-style proposals outlined hours earlier in the Green New Deal.
Poverty is no mystery, and it's easily avoidable. The poverty line that the Census Bureau used in 2016 for a single person was an income of $12,486 that year. For a two-person household, it was $16,072, and for a four-person household, it was $24,755. To beat those poverty thresholds is fairly simple. Here's the road map: Complete high school; get a job, any kind of a job; get married before having children; and be a law-abiding citizen.
Several recent polls, plus the popularity of Sen. Bernie Sanders, demonstrate that young people prefer socialism to free market capitalism. That, I believe, is a result of their ignorance and indoctrination during their school years, from kindergarten through college. For the most part, neither they nor many of their teachers and professors know what free market capitalism is.
“Budget Hawk” Mick Mulvaney is the latest conservative in the crosshairs of the New York Times. The front of Wednesday’s edition featured a very long, quite hostile profile by Glenn Thrush and Alan Rappeport of Mulvaney, Trump’s budget director and current head of the Obama-era agency, the Consumer Financial Protection Bureau: “Budget Hawk Hones Claws at Consumer Bureau.” When he wasn't a ravenous hawk, he was an excitable dog: "...he sprung to life like a Jack Russell terrier off leash."
The Federal Reserve and the Conference Board both issued positive progress reports about the U.S. economy last week. Neither got a peep from the broadcast networks on those days. In fact, on April 18 and 19, the evening news broadcasts on ABC, CBS and NBC included just one economic story — and it wasn’t about either of those positive economic updates