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Monday, November 18, 2024

FINANCE

CBO: National Debt to Double National Economy

(Casey Harper, The Center Square) – The national debt will be nearly twice as large as the U.S. economy in 30 years, the U.S. Congressional Budget Office projects. That figure assumes no new major spending projects from Congress in that time, which is unlikely, meaning that debt levels could actually...

Minimum Wage Now Above $19 an Hour

(Headline USA) The swanky, celebrity-studded city of West Hollywood officially has the highest minimum wage of any U.S. city after pay zoomed to $19.08 an hour Saturday. Employers worried about growing labor costs that they say could drive them out of business. Lucian Tudor, chief executive of upscale restaurant La Boheme,...

Biden’s Regulations Set Ablaze w/ a $10K Household Burden, Report Warns

(Luis Cornelio, Headline USA) A scathing report accused the Biden administration’s regulatory agenda of burdening the American economy with a financial cost of nearly $10,000 per household. Even worse, the report warned that if President Joe Biden is re-elected in 2024, the burden could escalate to a staggering $60,000. The report, released...

Union Fights Signal Danger Ahead for Bidenomics

(By Susan Crabtree, RealClear Wire) Just a few hours before President Biden tied his political fate to the economy, embracing the term “Bidenomics” in a Chicago speech Wednesday, he was still trying to dispel worries about a looming recession. A reporter asked Biden, before he boarded Marine One, whether...

White House Slammed for Defending Biden’s Economic Record as ‘Incredibly Popular’

(Corine Gatti, Headline USA) White House second-string press secretary Olivia Dalton had a rough time convincing a public reeling from high inflation, closed businesses and empty wallets that President Joe Biden's economic policies are "incredibly popular". When Dalton tried promoting a positive public reception to the president's "Bidenomics" platform for his...

White House Claims Americans Thriving Financially in Biden Economy

(Headline USA) White House press secretary Karine Jean-Pierre claimed this week that Americans feel better about their finances under President Joe Biden. During a press briefing on Monday, reporters grilled Jean-Pierre on Biden’s upcoming speech that will reportedly tout “Bidenomics.” One reporter pointed out that only 34% of Americans approve of...

Firm Funding CCP Tech and RINO Politicians Benefited from Silicon Valley Bank Bailout

(Ken Silva, Headline USA) When President Joe Biden announced that the U.S. government would effectively bail out Silicon Valley Bank depositors in March, he said it was a decision to protect “American workers and small businesses.” But recently released documents show that the SVB bailout benefited mega corporations, including Sequoia...

BlackRock CEO Claims to Disavow ‘ESG’ Label after Pushing Woke Capitalism

(Jacob Bruns, Headline USA) BlackRock CEO Larry Fink has reportedly disavowed the "ESG" label after years of commitment to woke capitalism, embroiling the globalist corporate titan in a public spat over its links to radical activist movements while still trying to appease the same leftists. ESG, short for Environment, Social...

Blue-Run Cities No Longer a Good Investment … So Who Will Buy Them Up?

(Robert Jonathan, Headline USA) Investors are reportedly souring on investing in once-vibrant, but now often-empty, downtown areas of Democrat-run cities. "Wall Street is betting against America’s downtowns," a lengthy Wall Street Journal analysis claimed, in part, because of the remote work increase starting in the COVID era led to empty...

Disney’s Top DEI Officer Leaves Company as Downward Spiral Continues

(Ezekiel Loseke, Headline USA) Latondra Newton, Disney's head of diversity, equity and inclusion, is leaving the company after six years, according to an internal email, as reported by RedState. It follows shortly after news that the company's top financial officer, Christine M. McCarthy, was stepping down as it faces a...

BlackRock, JPMorgan Hatch Banking Scheme to Rebuild Ukraine

(Mark Pellin, Headline USA) A partnership between financial titan JPMorgan Chase and global deep state fixer BlackRock has reportedly been set in motion to create a "reconstruction bank" for Ukraine. The two global conglomerates are in the planning stages of helping the Ukrainian government establish a “reconstruction bank to steer...

Bidens’ Burisma Bribes Linked to Maltese Bank Notorious for Money Laundering

(Jacob Bruns, Headline USA) Recently released emails from the infamous laptop from hell reportedly showed that the Ukraine-based energy company Burisma opened a Maltese bank account for Hunter Biden in 2016, indicating that Hunter, and perhaps President Joe Biden, may have used that account to receive bribes from Burisma. Specifically,...
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