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Business/Economy (News/Activism)

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  • US Approves $1 Billion in New Arms Sales to Taiwan

    10/22/2020 9:51:11 AM PDT · by SeekAndFind · 26 replies
    WASHINGTON—The Trump administration has approved the sale of more than a billion dollars worth of advanced weaponry for Taiwan in a move that will enrage China and further exacerbate tensions between Washington and Beijing that have are already heated over issues such as trade, Tibet, Hong Kong, and the South China Sea. The State Department announced Wednesday it had greenlighted the sale of 135 precision land attack missiles, associated equipment, and training to Taiwan to improve its defense capabilities. The package is worth just over a billion dollars, it said in a statement. The missiles are made by Boeing. “This...
  • Wisconsin Confirms Foxconn’s Taxpayer-Backed LCD ‘Factory’ Isn’t Real: It was a giant scam all along...

    10/22/2020 8:17:33 AM PDT · by SeekAndFind · 29 replies
    USSA News ^ | 10/22/2020 | Tyler Durden
    Days before the State of Wisconsin denied Foxconn's request for state tax credits - in the form of direct payments from the state to Foxconn's bank account - related to the "factory" built by the world's largest contract tech manufacturer in Mount Pleasant, Wisconsin. The project was announced shortly after President Trump's upset election victory, but quickly ran aground as reporters complained that the facility being built by Foxconn bore little resemblance to the enormous Gen 10.5 LCD factory the company had promised. In fact, the factory isn't even big enough to serve as a smaller Gen 6 LCD...
  • Reports: Biden’s tax plan would increase taxes across the board, estimates vary by how much

    10/22/2020 8:15:23 AM PDT · by Behind Liberal Lines
    © Copyright 2020 The Livingston Parish News, ^ | 10/21/20 | By Bethany Blankley
    Democratic presidential candidate Joe Biden’s proposed tax increases of nearly $4 trillion over the next 10 years, if passed, “would be the highest in American history – indeed, in world history,” an analysis of his plan determined. A separate analysis by the nonprofit, nonpartisan, Washington, D.C.-based Tax Foundation found that Biden’s tax plan would reduce the economy’s size by 1.47 percent in the long run. It would also shrink capital stock by just over 2.5 percent and reduce the overall wage rate by a little over 1 percent, resulting in a loss of 518,000 full-time jobs. His plan would raise...
  • Big Tech Slept With Communist China And Brought Venereal Censorship Back To America

    10/22/2020 8:13:54 AM PDT · by SeekAndFind · 1 replies
    The Federalist ^ | 10/22/2020 | J.B. Shurk
    Big Tech slept with communist China and brought venereal censorship back home to America. This is why it’s always dangerous to treat one-party authoritarian dictatorships as if they’re as harmless as Canada. If you don’t appreciate the intrinsic threat of governments that ban freedom, then they will spread their despotism faster than you can cure their disease.Since Bill Clinton invited China into the World Trade Organization while pretending that the Tiananmen Square massacre never happened, and replaced American manufacturing jobs with China’s slave labor force, the stated foreign policy “dream” was for American society’s freedom and openness to rub...
  • Fact Check: Obama Makes Misleading Virus Claim Saying ‘Other Countries Not Doing as Bad as We Are’

    10/22/2020 8:10:36 AM PDT · by ChicagoConservative27 · 14 replies
    Breitbart ^ | 10/22/2020 | Edwin Mora
    CLAIM: “Other countries are still struggling with the [Chinese coronavirus] pandemic, but they’re not doing as bad as we are because they’ve got a government that has actually been paying attention,” former President Barack Obama declared Wednesday while campaigning for his former number two, Democrat presidential nominee Joe Biden, in Pennsylvania. VERDICT: MISLEADING
  • Should You Cancel Thanksgiving? What Fauci and Other Experts Say About Celebrating During COVID

    10/22/2020 6:32:04 AM PDT · by ChicagoConservative27 · 35 replies
    newsweek ^ | 10/22/2020 | KASHMIRA GANDER
    In a year where COVID-19 has killed almost 220,000 people in the U.S., many families will be looking to Thanksgiving as a chance to regain some normalcy. However, meeting up to celebrate could place people at risk. Dr. Anthony Fauci, White House coronavirus task force member and director of the National Institute of Allergy and Infectious Diseases, told CNN earlier this month that while people in some parts of the country could have a "relatively normal" Thanksgiving, others should consider only meeting with immediate family.
  • Joe Biden: ‘America Was an Idea’

    10/22/2020 6:21:42 AM PDT · by ChicagoConservative27 · 19 replies
    Breitbart ^ | 10/21/2020 | Joel B Pollak
    “America was an idea.” Former Vice President Joe Biden tweeted that statement Wednesday evening, describing the country he wishes to lead — in the past tense. Biden included a link to a podcast interview with Brené Brown, and an audio clip in which he repeated the same message — “America was an idea”:
  • Schumer: Iran Is Trying to ‘Undermine Confidence’ in Elections, ‘Similar’ to What Trump Is Doing

    10/22/2020 6:08:19 AM PDT · by ChicagoConservative27 · 16 replies
    Breitbart ^ | 10/21/2020 | Ian Hanchett
    On Wednesday’s broadcast of MSNBC’s “Rachel Maddow Show,” Senate Minority Leader Chuck Schumer (D-NY) stated that based on a classified briefing he received, he believes Iran is really just trying to undermine faith in American elections, not hurt President Donald Trump, and what Iran and Russia are trying to do is “similar, in a different way of course, than what President Trump is doing, undermine confidence in our elections.”
  • Hey, guess what? Food shortages are coming back!

    10/22/2020 12:33:47 AM PDT · by be-baw · 154 replies
    The Takeout ^ | October 21, 2020 | Aimee Levitt
    Remember those great early-pandemic days last spring when bags of flour and yeast suddenly became precious items? Wasn’t that fun? Well, great news, everybody: we’re going to get to experience them all over again. As we’ve noted before, grocers are a little more prepared this time around and have been stocking “pandemic pallets” of food they can reorder quickly, but some things will still be hard to find. Mashed has thoughtfully prepared a list: Baking supplies. It’s now chilly enough to turn the oven on again, plus the spectre of holiday baking looms Canned soups. Both General Mills and Campbell’s...
  • Quibi is shutting down after just six months

    10/21/2020 5:42:22 PM PDT · by dynachrome · 39 replies
    CNN (CommieNewsNetwork) via MSN ^ | 10-21-20 | Frank Pallotta and Clare Duffy
    Quibi, the app that staked its future on short videos, is shutting down just six months after it launched, the company announced Wednesday. "We started with the idea to create the next generation of storytelling and because of you, we were able to create and deliver the best version of what we imagined Quibi to be," co-founders Jeffrey Katzenberg and Meg Whitman wrote in an open letter. "So it is with an incredibly heavy heart that today we are announcing that we are winding down the business and looking to sell its content and technology assets." The company, which struggled...
  • Target: Your Gas Car. Bribes haven’t worked, so now Democrats want to mandate electric autos.

    10/21/2020 4:22:00 PM PDT · by karpov · 120 replies
    Wall Street Journal ^ | October 21, 2020 | WSJ Editorial Board
    Some readers thought we exaggerated when we reported on California’s plan to ban the sale of gas-powered cars by 2035. Well, now there’s a bill in Congress promising the same for everyone in America. Oregon Sen. Jeff Merkley and four other Democrats introduced legislation Tuesday that would mandate 100% of cars sold in 2035 be electric and 50% of new cars by 2025—a Biden Presidency from now. Last year a mere 2% of car sales were electric, notwithstanding the $7,500 federal tax credit, state subsidies and other incentives such as car-pool lane access. Kamala Harris declined to put her name...
  • How does Google’s monopoly hurt you? Try these searches.

    10/21/2020 12:30:25 PM PDT · by daniel1212 · 32 replies
    WashingtonPost ^ | Oct. 20, 2020 | Geoffrey A. Fowler
    Let’s Google together. Open a Web browser and search for T-shirts. I’ll wait. Is the first thing you see a search result? I’m not talking about the stuff labeled Ads or Maps. On my screen, the actual result is not in the first, second, third, fourth, fifth, sixth, seventh or even eighth row of stuff. It’s buried on row nine....Google is, quite literally, a bad personal shopper. Here, side by side, are Google results for T-shirts from the Wayback Machine in 2000 and 2013 alongside what I see in 2020.. Relative to 2000, today you have to scroll six times...
  • Biden Niece Lobbied His White House For Multi-Million Dollar Firms, He ‘Joked’ She Was The ‘Only Reason’ They Worked With U.S. Govt

    10/21/2020 12:25:27 PM PDT · by Red Badger · 28 replies ^ | October 21, 2020 | Natalie Winters
    Valerie “Missy” Owens – the niece of Democratic Presidential candidate Joe Biden – departed her high-profile post in the Obama administration to become a multi-million dollar lobbyist for Coca-Cola. She lobbied a host of federal agencies including the White House office and saw then-Vice President Biden discuss her influence while he publicly praised her company and its involvement in a lucrative Obama administration initiative. The unearthed information follows a trove of email threads and documents exposing Joe Biden’s son Hunter Biden’s leveraging his father’s name to ink lucrative lobbying and consulting contracts, often with foreign competitors such as the Chinese...
  • Rapid Home COVID-19 Tests Are the Best Path to a New Normal. They're Illegal.

    10/21/2020 11:55:24 AM PDT · by karpov · 22 replies
    Reason ^ | November 2020 | Ronald Bailey
    COVID-19 diagnostic testing has been greatly scaled up from a few thousand tests per week back in early March to 2 million tests per week in early August. But the summer upsurge in COVID-19 diagnoses, hospitalizations, and deaths in the U.S. highlights the fact that we still don't have enough testing to provide individual Americans and health care professionals with the information needed to squelch the pandemic. A huge part of the problem is that most asymptomatic, presymptomatic, and mildly afflicted people don't know they're infected, even as they spread the virus to others while working, shopping, and gathering in...
  • Family restaurant fined $10K for violating coronavirus restrictions found not guilty [ Pennsylvania ]

    10/21/2020 10:10:37 AM PDT · by george76 · 10 replies
    Washington Examiner ^ | October 20, 2020 | Andrew Mark Miller
    Pennsylvania restaurant owners who were fined roughly $10,000 for opening their doors in defiance of coronavirus restrictions have been deemed not guilty. A judge in Lebanon County, Pennsylvania, found Taste of Sicily not guilty in its fight against the Democratic Gov. Tom Wolf’s coronavirus restrictions, according to Local 21 News Harrisburg. “The crux of the legal argument is that orders that have been issued by the Governor and The Department of Health are legally unenforceable. Judge Garvey agreed with that argument,” the restaurant’s lawyer Eric Winter said. The restaurant, co-owned by siblings Michael Mangano and Christine Wartluft, opened in May...
  • 'Our economy is going to tank,' Evers warns as coronavirus surge in Wisconsin shows no end in sight

    10/21/2020 11:26:06 AM PDT · by ChicagoConservative27 · 55 replies
    Jsonline ^ | 10/20/2020 | Sophie Carson and Meg Jones
    Gov. Tony Evers implored residents to take action to turn around the weeks-long surge in coronavirus cases in Wisconsin or else the economic consequences on businesses would be dire.
  • Newsom says California will independently review coronavirus vaccine: 'We won't take anyone's word for it'

    10/21/2020 11:15:19 AM PDT · by Blood of Tyrants · 22 replies
    Fox News ^ | 10/21/2020 | Audrey Conklin
    California Gov. Gavin Newsom said the state will independently review the Trump administration's anticipated coronavirus vaccine before approving distribution to its 39 million residents. "Of course we won't take anyone's word for it," Newsom said Monday as he named 11 doctors and scientists to review any rollout of vaccines by the federal government or vaccine developers. It is unclear whether the independent review process will set back the distribution process for New York and California in comparison to other states that may be able to deploy it and potentially slow the spread of COVID-19 at a faster rate.
  • The City is Killing America

    10/21/2020 11:15:12 AM PDT · by MacNaughton · 9 replies
    FrontPageMag ^ | 10/21/2020 | Daniel Greenfield
    The coronavirus, like so many other social ills, real and metaphorical, incubated in major cities. New York City, with the highest population density in the country, also accounted for the highest death toll. San Francisco, the second highest among large cities, was a major incubator. Pandemic maps of the death toll show the deaths concentrating around major cities before making the slow trek from urban into suburban and eventually rural areas. The urban lockdowns didn’t stop the spread of the virus. What they really did was trap poor and middle class residents in urban areas, while the wealthy fled, and...
  • Israeli minister: Normalized relations with another Arab or Muslim nation likely before US elections

    10/21/2020 10:45:11 AM PDT · by BeauBo · 18 replies
    The Hill ^ | Oct 20, 2020 | John Bowden
    Israel's minister of regional cooperation said Wednesday that he expects normalize relations with another Arab state before the U.S. elections. Reuters reported that Ofir Akunis, who is also a member of Israel's parliament, the Knesset, told Army Radio that the announcement would come before Nov. 3. "I have a reasonable basis to believe that the announcement will come before November 3 - that, if you'll permit me, is what I understand from my sources," he said, according to the news service. "I will be very happy if the announcement will happen - and before the elections in the United States,"...
  • Chuck Grassley Defends Dianne Feinstein from Democrat Attacks: ‘Sexist & Ageist Motivations’

    10/21/2020 10:30:58 AM PDT · by ChicagoConservative27 · 23 replies
    Breitbart ^ | 10/21/2020 | Hannah Bleau
    Sen. Chuck Grassley (R-IA) rushed to the defense of his colleague Sen. Dianne Feinstein (D-CA) on Wednesday after leftists attacked the ranking member of the Senate Judiciary Committee over her handling of Judge Amy Coney Barrett’s confirmation hearing, accusing her critics of being driven by “sexist” and “ageist” motivations. “Democrats calling for Senator Feinstein to step down from Judiciary Ranking Member should think twice abt their sexist & ageist motivations against an outstanding legislator & icon in her own right,” Grassley said, calling the attacks “totally unjustified”: