Friday, May 9, 2025

FINANCE

Obama Economic Adviser Warns Biden Against Canceling Student-Loan Debt

(The Center Square) Jason Furman, a Harvard professor and former chair of President Barack Obama’s Council of Economic Advisors, said that forgiving student debt “benefits recent college grads and hurts most everyone else, both rich and poor.” President Joe Biden has considered forgiving $10,000 of student debt per borrower. Furman...

Biden Ridiculed for Gross-Out Hygiene Practices at Bill Signing

(Jacob Bruns, Headline USA) Aging President Joe Biden was ridiculed for his disgusting hygiene practices while signing of the Inflation Reduction Act, ignoring just about every COVID mandate and guidance that his regime has enforced. During the ceremony, the President, who just recently recovered from a bout of COVID, removed...

‘The Big Short’ Guru Who Predicted ’08 Crash Warns of Looming Economic Doom

(Mark Pellin, Headline USA) The financial asset manager who predicted the 2008 economic implosion indicated this month that he has similar concerns lurking around the corner as the Biden administration’s domestic agenda continues to stumble into deep recession. Featured in the book and movie The Big Short, Scion Asset Management founder...

Automakers Begin Phase Out of Iconic Muscle Cars, Replace w/ EVs

(Headline USA) Thundering gas-powered muscle cars, for decades a fixture of American culture, will be closing in on their final Saturday-night cruises in the coming years as automakers begin replacing them with electric vehicles. Stellantis's Dodge brand, long the performance flag-bearer of the company formerly known as Fiat Chrysler, is...

Former IRS Whistleblower Says Agency Expansion Will Target Middle Class Americans

(Headline USA) A former IRS whistleblower said this week that Democrats’ massive spending bill, which significantly expands the scope and size of the IRS, will target middle class Americans with new audits. William Henck, who worked for the IRS for 30 years before being forced out after making allegations of internal...

Woke Starbucks Accuses Labor Board of Vote Fraud in Bid to Stop Unionization

(Ben Sellers, Headline USA) Talk about a piping-hot cuppa comeuppance. As the Biden administration's radical policies take a heavy toll on luxury goods like overpriced coffee, the woke corporations that stand to lose the most find themselves pivoting farther and farther to the Right. Starbucks, notorious for its brazen virtue-signaling of...

Walmart CEO Says Wage Inflation Will ‘Always Be with Us’

(Molly Bruns, Headline USA) Walmart CEO Doug McMillion predicted that wage inflation will be "with us basically forever," and went into detail about how higher price levels are impacting the market. According to The Daily Wire, the Consumer Price Index rose 8.5% year-over-year as of July. McMillon explained that Walmart...

Taxpayers to Subsidize $3.9B Federal-Loan Bailout for ITT Tech Debtors

(Headline USA) Students who used federal loans to attend ITT Technical Institute as far back as 2005 will automatically get that debt canceled after authorities found “widespread and pervasive misrepresentations” at the defunct for-profit college chain, the Biden administration announced Tuesday. Instead, U.S. taxpayers will foot the bill for their...

ABC News Hack Admits Something ‘Orwellian’ about Spending Bill

(Tony Sifert, Headline USA) Citing a recent Congressional Budget Office report which showed that the Left's shiny new Inflation Reduction Act won't actually reduce inflation, ABC's Jonathan Karl broke ranks from his corporate media peers during an interview with White House Press Secretary Karine Jean-Pierre. After grooving fastballs throughout their...

Dems Cheer Passing $740B Taxing Scheme for Green New Deal, Super-Sized IRS

(Mark Pellin, Headline USA) After agreeing to scrap any funding for law enforcement and instead add squadrons of IRS agents for tax enforcement, House Democrats on Friday lustily cheered passage of their $740-billion Inflation Reduction Act that will do nothing to reduce inflation, while increasing taxes for nearly all Americans...

REPORT: The Real Reason Biden Needs an Army of IRS Auditors

(Headline USA) The Biden administration has been wasting millions of dollars on unnecessary payroll expenses, according to CEO and founder of OpentheBooks.com, Adam Andrzejewski. Andrzejewski revealed that President Joe Biden’s White House has spent more than $100 million on its payroll in his first two years in office.  “The payroll headcounts at...

Another Food Factory Gets Incinerated: ‘Total Loss’

(Chris Parker, Headline USA) Oregon's Pendleton Flour Mills just joined a long list of food production facilities that have gone up in flames throughout 2022, reported KOIN News. The facility is considered a total loss after a fire that was believed to have been extinguished Tuesday was rekindled Wednesday. The flames,...
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