Free Republic

Senator Elizabeth Warren, a leading presidential candidate, warned on Monday that the next financial crises is on its way. Surprisingly, that dire prediction was mocked by Politico's chief economic correspondent, Ben White, the same day on CNBC's The Exchange. Only a few days before, White had been giving Warren some praise by writing that Wall Street wouldn't be too worried about her as president. This contrast makes White's change in tone even more noteworthy. Here are White's comments on CNBC in which he declares that Warren is using bad numbers for her forecast.

President Donald Trump has a low approval rating. He is engaging in bitter Twitter wars and facing metastasizing investigations. But if the election were held today, he’d likely ride to a second term in a huge landslide, according to multiple economic models with strong track records of picking presidential winners and losses. Credit a strong U.S. economy featuring low unemployment, rising wages and low gas prices — along with the historic advantage held by incumbent presidents. While Trump appears to be in a much stronger position than his approval rating and conventional Beltway wisdom might suggest, he also could wind...

If you ever wondered what the real political issue of the day is when it comes to presidential politics, an article in Politico gives you the answer. Wall Street Big Money wants a presidential candidate who will allow the financial games enabling hedge fund billionaires, investment banks, and other financial engineering specialists to continue their merry ways. This group dominates the top one percent of the top once percent of income earners – the people who have expanded their share of national income, while the rest of the one percent (and the rest of us) get to divvy up the...

The permanent political class and their donors think a Jeb Bush vs. Hillary Clinton battle in 2016 would be a win-win scenario, and many Republican Wall Street donors would rather have Clinton in the White House than Sen. Ted Cruz (R-TX) or Sen. Rand Paul (R-KY). According to a Politico report, "the darkest secret in the big money world of the Republican coastal elite is that the most palatable alternative to a nominee such as Sen. Ted Cruz of Texas or Sen. Rand Paul of Kentucky would be Clinton." “If it turns out to be Jeb versus Hillary we would...

NEW YORK — The biggest parlor game on Wall Street and in corporate boardrooms these days is guessing whether former Florida Gov. Jeb Bush will run for president and save the GOP’s old establishment base from its rising populist wing. The second most popular game is guessing what happens if Jeb says no. Two dozen interviews about the 2016 race with unaligned GOP donors, financial executives and their Washington lobbyists turned up a consistent — and unusual — consolation candidate if Bush demurs, New Jersey Gov. Chris Christie doesn’t recover politically and no other establishment favorite gets nominated: Hillary Clinton....