Banking/Finance

Rep. Jayapal Gaslights on CNBC Sorkin’s Tough Criticism of Wealth Tax
CNBC has been holding the feet of Democratic members of Congress to the fire over the disastrous implications of Sen. Elizabeth Warren’s (D-MA) insidious wealth tax. CNBC co-anchor Andrew Ross Sorkin pressed “Ultra-Millionaire Tax Act of 2021” co-sponsor Rep. Pramila Jayapal (D-WA) on the disastrous economic impact of an arbitrary two percent tax on every dollar of people's wealth exceeding $…

Ruhle Sucks Up to Waters: Regs Needed to Prevent Future GameStop Buys?
Back on February 18, MSNBC anchor Stephanie Ruhle sucked up to Congresswoman Maxine Waters (D-CA) with a softball question about the GameStop stock price war, suggesting that perhaps it wasn’t fair for the average American to use a resource like r/wallstreetbets for stock trading information. Instead, like banks, she wondered if the little guy be regulated too.
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Five Myths About Socialism, Part One
People hate America's big disparities in wealth. It's a reason why, among young people, socialism is as popular as capitalism. The Democratic Socialists of America want a country based on "freedom, equality and solidarity." That sure sounds good. But does socialism bring that? My new video debunks several myths about socialism. One reason for socialism's continued appeal is linguist Noam…

Hollywood Hypocrites at CW Net Portray Capitalism as Evil in ‘Devils'
All season Devils has pushed liberal narratives about how corrupt, immoral and evil investment bankers are. In the final episode, it embraced another liberal narrative of celebrating a central bank bailout.
John Stossel Column: Investment Con
Want to make money and help the world, too? Wall Street says you can! If you invest in "socially responsible" funds, say big investment funds like BlackRock, Parnassus, TIAA-CREF, etc., then they'll do good things for the world, and your retirement funds will grow. These funds obsess about what they call Environmental, Social and Governance factors. For example, Parnassus says it picks…

WATCH: Shark Tank’s Kevin O’Leary Slams Absurd Econ Lockdown Standards
Shark Tank star and businessman Kevin O’Leary ripped apart the draconian economic lockdowns states have inflicted on the American restaurant industry in response to the pandemic.

‘Devils’ Lays Debt Crisis Blame on Banks, Not Profligate Government
With only two remaining episodes, the financial conspiracy of Devils will soon be fully revealed. In the meantime, the show continues to blame investment bankers for ruining ordinary people and causing suffering and death. The latest episode also portrayed the 2011 Italian debt crisis as the fault of corruption and trickery by banks, rather than bad governance, overspending and other…

COPE: Paul Krugman Whines GOP Senate Majority Will Be Bad for Business
New York Times blowhard economist Paul Krugman is trying to cope with not getting the “blue wave” referendum on Trumpism he wanted out of the 2020 election. Now, Krugman has said that a potential GOP senate majority will be — wait for it — “bad for business.”

‘Devils’ Portrays Financiers, Developers as Economic Hitmen
These days a thriller about a global financial conspiracy is practically guaranteed to be permeated by liberal, anti-capitalist attitudes. Devils on The CW is no exception.

Reuters Cites Biden Donor to Assure Readers GDP Won’t Impact Election
The way the media handled the reporting on U.S. GDP growth having its fastest growth ever in the third quarter yesterday was atrocious at best. But the way Reuters handled the expected growth a day before the Bureau of Economic Analysis (BEA) report dropped was just pathetic.

Fox Business’s Charles Payne Worried Biden Tax Plan Will Harm 401(k)s
Fox Business host Charles Payne expressed major concerns over the disastrous consequences Democratic presidential nominee Joe Biden’s leftist tax plan would inflict on Americans if it were ever implemented.

WATCH: Home Depot Co-Founder Calls Biden’s Tax the Rich Plan a ‘Fraud’
Billionaire Home Depot co-founder and Republican donor Ken Langone went on Fox Business to shred the false leftist logic behind Democratic presidential nominee Joe Biden’s tax plans.

Bankers as ‘Warlords’ Part of ‘Devils’ Financial Conspiracy
Col. Muammar Gaddafi was a brutal dictator, but on The CW show Devils his history is reinvented. It suggests he may not have been the one deciding to commit mass murder, and that bankers were calling the shots instead.
The third episode of Devils mirrors reality by showing news reports of a mass grave in Tripoli…