The latest voice warning about the cost should Sen. Elizabeth Warren (D-MA) win the White House in 2020 is billionaire investor Paul Tudor Jones. Jones predicted that if Warren were to clinch the 2020 election, “the S&P 500 would plunge 25%,” CNBC reported Nov. 5. He also predicted that if President Donald Trump were to win reelection, the S&P would see “another 15% upside for the market.” This prediction came one day after the stock market hit another record high, according to Forbes Nov. 4.
Just forget about all that bad blood between Colin Kaepernick and football fans. The former NFL quarterback is a money maker and the league that made a record $15 billion last season is embarrassing itself by blackballing Kaepernick, writes Terence Moore of Forbes magazine.
As the Bahamas reels from the death and destruction Hurricane Dorian caused, the news media continue to exaggerate a connection between hurricanes to climate change. Claims ranged from global warming making it “bigger, wetter — and more deadly,” to calling Dorian’s stall a “signal of climate change,” to insisting climate change is “worsening” hurricanes (without proof).
Yes, there are fires burning in the Amazon and that’s obviously a bad thing, but one Forbes columnist chided movie stars, politicians and the news media for spreading misinformation about them. Contributor Michael Shellenberger, who was once named an “Environmental Hero” by Time, exposed an abundance of inaccuracies stemming from the current hysteria over the fires in the Amazon — including the “bullshit” claim that it is the “lungs of the world.”
Even though some high-profile experts claim the U.S. is not headed for a recession right now, the liberal news media continued to promote economic pessimism during the summer of 2019.
Despite 3.7 percent (near record-low) unemployment, wage gains, confident consumers and growing economy, liberal journalists obsessed over recession every single day of June and July.
Left-wing economist and columnist Paul Krugman attacked President Donald Trump’s tax cuts as “the biggest giveaway to other nations since the Marshall Plan” in his New York Times column July 25. He criticized Trump’s “hidden” program for sending about $40 billion a year to “wealthy foreign investors.” Forbes contributor and freelance journalist Simon Constable, who has written for many financial publications, wasn’t having any of it. He chided Krugman for getting hold of “the wrong stick entirely” regarding Trump’s corporate tax cuts.
The Founders of the United States of America warned against massive federal debt, but, to our detriment, their political descendants are not paying attention. The Founders speak to us from their graves to condemn and warn of the consequences now that President Trump and Congress have come to an agreement about lifting the meaningless “debt ceiling” and increasing already massive federal spending and the debt, which is at $22 trillion and growing rapidly.
Hot off the heels of the U.S. women’s World Cup victory, hollywood and the media jumped at the pseudo-issue that is a pay disparity between women and men players, parroting the line that the gals are being shafted in their salaries. If only these folks were interested in the simple economic facts of the matter, like the glaring one that a men’s world cup tournament drags in “40x as much revenue” as the female tournament.
The Oscars are this weekend and while we’re not insisting that you care to tune in — we’d refrain too if we could — maybe it’d be somewhat important to spare you the mystery and inform you that this year’s awards is serving up another seven-layer slice of progressive obsession.
Journalism, particularly newspaper journalism, is a struggling industry — beset by lost advertisers and layoffs. Trust for media also “is at an all-time low,” according to the Knight Commission on Trust, Media, and Democracy.
Forbes contributor Michael Posner reacted to the Knight Commission report urging a “domestic Marshall Plan for journalism.” He added that “democracy demands it.” The Knight report argued that philanthropy “must play a more significant role” in the future of journalism. Posner is an NYU Stern School of Business professor and previously worked in the State Department under the Obama administration as an assistant secretary of state.
One can only wonder at this point. Does the liberal media have any idea - any idea at all - as to how much they are damaging their own credibility? The latest case in point: the phone calls Donald Trump Jr. made in the wake of the now-famous Trump Tower meeting with a Russian lawyer in 2016. Samples include stories like this from 2018:
At what point does Trump Derangement Syndrome stop being handy shorthand for the liberal media's hatred of the President, and start being taken seriously as an actual mental disorder? The question arises after witnessing Joe Scarborough—seriously it would appear—raising on today's Morning Joe the possibility that Donald Trump "doesn't know how to read."