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Thursday, November 14, 2024

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BLM Co-Founder ‘Triggered’ by IRS’s Nonprofit Transparency Laws

(Molly Bruns, Headline USA) Black Lives Matter co-founder Patrice Cullors---the primary resident of a swanky, $6 million California mansion---claimed that, after recent scrutiny from tax officials, the act of filling out required financial documentation for nonprofit status had become a traumatic event, the Washington Examiner reported. "It is such a...

Chuck Schumer says White House ‘More Open’ to Debt Forgiveness

(Molly Bruns, Headline USA) In a virtual conference Senate Majority Leader Chuck Schumer, D-N.Y., hinted that the White House may be open to cancelling student debt via executive order, as Democrats continue to plummet in polls. Schumer also said that after President Biden's extension of the student loan forbearance, wide-scale...

Musk Offers to Buy Twitter Outright, Avoiding Hostile Takeover

(Headline USA) Elon Musk is offering to buy Twitter, just days after the Tesla CEO said he would no longer be joining the social media company’s board of directors. Twitter Inc. said in a regulatory filing on Thursday that Musk, who currently owns slightly more than 9% of its stock...

Inflation Soaring Off The Charts; Recession Increasingly Likely

(Tony Sifert, Headline USA) The producer price index, which according to the U.S. Bureau of Labor Statistics measures changes in the wholesale prices of goods, has risen 11.2% in the last year, CNBC reported, with the PPI increasing 1.4% in March alone. "On an unadjusted basis, final demand prices moved up 11.2...

Leftists Hope Canceling Student Loans Will Save Election Prospects

(Alex Tien, Headline USA) Sensing impending catastrophe at the midterms, Democrats are moving to buy votes by forgiving student debt. In a blatant and obvious attempt to avoid an enormous red wave, the Biden administration is hoping that throwing more money at potential voters will help to somehow stop election...

WaPo Columnist: Letting in More Immigrants Will Solve Inflation

(Molly Bruns, Headline USA) In the latest panicky attempt to solve inflation before midterms, left-leaning Washington Post columnist Catherine Rampell has suggested the issue can be fixed by letting more immigrants into the United States, NewsBusters reported. In the article, Rampell recognizes that "Democrats are terrified that a coming border...

Biden Braced for ‘Extraordinarily’ High Inflation; It Was Worse Than Expected

(John Ransom, Headline USA) According to media reports, the Biden administration was bracing for an “extraordinarily” high reading before the Tuesday morning release of the official inflation numbers. On Monday, White House propagandists frantically began to spin the situation by deflecting blame onto Democrats' favorite scapegoat, Russia. “We expect March CPI ...

Kmart Latest Victim of Biden’s Failing Policies

(Headline USA) Already struggling to survive, the former retail giant Kmart is collapsing under the weight of Bidenomics with its roaring inflation and crippled supply chains, as its store in Avenel, New Jersey, shelves bare, prepares to close its door April 16. Once it shutters, the number of Kmarts in the...

Newest Excuse for Biden Economic Woes: ‘War-cession’

(John Ransom, Headline USA) With the messaging having fallen flat on the Biden administration's efforts to dub recent pain at the pump as "Putin's price hike," a veteran investor is inventing a new excuse to latch onto for the poor economic performance. Strategist David Roche called an anticipated recession in the...

Musk Muscled Off Twitter Board, Now Free to Buy More Stock

(Headline USA) Tesla CEO Elon Musk won't be joining Twitter's board of directors as previously announced. The tempestuous billionaire remains Twitter’s largest shareholder. Twitter CEO Parag Agrawal tweeted the news, which followed a weekend of Musk tweets suggesting possible changes to Twitter, including making the site ad-free. Nearly 90% of...

Illinois Dems’ Plan to Force Retailers to Post ‘Tax Relief’ Details is Propaganda

(The Center Square) Budget bills introduced by Illinois Democrats in the waning hours of session and that were passed early Saturday will require private-sector retailers to notify consumers of temporary "tax relief" measures included in them. Critics say the requirements are an unconstitutional violation of free speech rights and...

Newly Woke Fed Claims Rate Hikes a Form of Racial Equity

(Headline USA) As the Federal Reserve intensifies its efforts to tame high inflation, caused many critics contend by failing policies implemented by the Biden administration, its top officials are casting their aggressive drive in a new light: As a blow against economic inequality. That thinking marks a sharp reversal from...
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