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Tuesday, March 11, 2025

FINANCE

New GOP Proposal Will Balance Federal Budget in 7 Years

(Chris Parker, Headline USA) House Republicans have devised a proposal that should balance the federal budget in seven years, with the ambitiously-named "Blueprint to Save America" calling for a series of spending cuts, tax reforms and deregulation to help spur tax revenue through economic growth. The House Republican Study Committee...

Facebook Caught Allowing ISIS Content While Censoring US Conservatives

(Headline USA) A new study has found that Facebook has failed to catch Islamic State group and al-Shabab extremist content in posts aimed at East Africa as the region remains under threat from violent attacks and Kenya prepares to vote in a closely contested national election. The two-year study by...

Fed Hikes Rate, Biggest Spike in Nearly 3 Decades

(Mark Pellin, Headline USA) In a desperate attempt to slow runaway inflation and the disastrous economy that the Biden administration’s bungling and failed policies have created, the Federal Reserve on Wednesday jacked interest rates by a staggering three-quarters of a percentage point, the largest rate hike since 1994. The move, an...

Biden Rants at Oil Companies to Ramp Up Production That He Disincentivized

(Headline USA) President Joe Biden on Wednesday called on U.S. oil refiners to produce more gasoline and diesel, saying their profits have tripled as Americans struggle with record high prices at the pump and threatening to use "emergency powers" to regulate the private industry if they refuse to comply. “The...

Fed to Unleash Biggest Interest-Rate Hike in 28 Years

(Headline USA) The Federal Reserve was expected Wednesday to announce its largest interest rate hike since 1994---a bigger increase than it had previously signaled and a sign that the central bank is struggling to restrain stubbornly high inflation. The Fed is considered likely to raise its benchmark short-term rate by...

Biden’s War on Women Continues w/ Tampon Shortages

(Molly Bruns, Headline USA) In addition to the baby formula shortage, a shortage of tampons and other feminine hygiene products is the latest supply crisis to strike nation under President Joe Biden's watch. "Women are not only faced with a baby formula shortage, but now tampons are in short supply"...

PPI Inflation Hits Worst Pace in Decades

(Chris Parker, Headline USA) Inflation neared its all-time high in May as the producer price index hit 10.8%, reflecting yet another disastrous impact of the Biden administration's failing policies. PPI inflation also rose nearly 1% in that single month. The PPI measures the entire marketed output of goods and services...

Despite Wokeness, Tax Funding for NFL Stadiums Grows Exponentially

(Jacob Bruns, Headline USA) Despite the increasing wokeness put on display by the National Football League on a daily basis, teams are still holding cities hostage by forcing them to purchase new and fancier stadiums at a record clip. According to economist J.C. Bradbury of Kennesaw State University in Georgia,...

Google Whistleblower Placed on Leave after Claiming AI Has Reached Singularity

(Molly Bruns, Headline USA) A Google whistleblower who claimed the company's artificial intelligence experiment has gained consciousness was subsequently put on leave, the Western Journal reported. Engineer Blake Lemoine said he had a conversation with Google's Language Model for Dialogue Applications, also known as LaMDA, to see if it used...

Taxpayer Funding for NFL, Other Pro Sports Stadiums Grows Exponentially

(The Center Square) Over the next nine years, more than half of the stadiums in the National Football League will reach 30 years of age, or the age at which stadiums are generally replaced, according to economist J.C. Bradbury of Kennesaw State University in Georgia. The model for replacement is...

Worse than Bidenflation? Zimbabweans Rumored to Sell Toes for Cash

(Headline USA) Battling rampant inflation, Zimbabweans are counting their toes as they struggle to buy food for their families. An internet rumor blazed through the country that desperate people were selling their toes for cash. The false report became so widespread that the country's Deputy Minister of Information Kindness Paradza...

Tech Billionaires Seen Lobbying in US Capitol Ahead of Antitrust Legislation

(Ezekiel Loseke, Headline USA) Microsoft founder Bill Gates and Apple CEO Tim Cook were among the Big Tech oligarchs spotted roaming the halls of the US Capitol this week, according to the Western Journal, which cited tweets from reporters at The Hill and NBC News. https://twitter.com/jonallendc/status/1534570142180548608 https://twitter.com/alexanderbolton/status/1534973576113180704 While neither Gates nor Cook...
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