Free Republic

Not only did Joe Biden’s ‘Foreign Aid’ package include nothing to secure the United States’ border, it also included a whopping $3.5 Billion to supercharge mass migration from the Middle East, Sen. Eric Schmitt (R-MO) noted. Schmitt expressed concern after Biden’s pro-migration border chief is opening new processing centers for Muslim migrants.

The Biden Administration’s regulations are coming so fast and furious that it’s hard even to keep track, but we’re trying. On Thursday the Environmental Protection Agency proposed its latest doozy—rules that will effectively force coal plants to shut down while banning new natural-gas plants. “With the announcement today, the power sector can make planning decisions with a full array of information,” EPA’s press release declares. Translation: Get moving with the green-energy transition because we’re determined to eliminate fossil-fuel power. Barack Obama’s regulation spurred a wave of coal plant closures. Now President Biden is trying to finish the job by tightening...

US regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp. said Friday, underscoring the challenges facing regional banks a year after the collapse of three peers. The Philadelphia-based bank, which had abandoned funding talks with a group of investors, was seized by the Pennsylvania Department of Banking and Securities. The FDIC, appointed as a receiver, said Fulton Bank, a unit of Fulton Financial, will assume substantially all deposits and purchase all the assets of Republic Bank to “protect depositors.” Republic Bank had about $6 billion in total assets and $4...

Two New York representatives are considering a bill that would send “antisemitism monitors” to visit college and university campuses that receive federal funding. Rep. Ritchie Torres (D-NY) and Rep. Mike Lawler (R-NY) are set to introduce the College Oversight and Legal Updates Mandating Bias Investigations and Accountability (COLUMBIA) Act, according to Jewish Insider. Under the bill, the Department of Education would be allowed to send a third-party antisemitism monitor, paid for by the colleges and universities, to university and college campuses that receive funding from the federal government.

U.S. regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp said on Friday, underscoring the challenges facing regional banks a year after the collapse of three peers. The Philadelphia-based bank, which had abandoned funding talks with a group of investors, was seized by the Pennsylvania Department of Banking and Securities. The FDIC, appointed as a receiver, said Fulton Bank, a unit of Fulton Financial Corp, will assume substantially all deposits and purchase all the assets of Republic Bank to "protect depositors". Republic Bank had about $6 billion in total assets...

David Mamet is against the initiatives in Hollywood to create diversity, equity, and inclusion, referred to as DEI. “DEI is garbage,” the author said at the Los Angeles Times Festival of Books, as the Los Angeles Times reported. “It’s fascist totalitarianism.” Mamet has a particular gripe about the inclusion rules the Academy of Motion Picture Arts and Sciences has implemented for films to be considered in the Oscar Best Picture category. “I can’t give you a stupid ****ing statue unless you have 7% of this, 8% of that … it’s intrusive,” Mamet said. He also said, “The [film industry] has...

In a recent interview with MSNBC, Galloway discussed the current challenges facing young adults, remarking, “For the first time in our nation's history, a 30-year-old man or woman isn't doing as well as his or her parents were at 30, that is the social compact breaking down.” According to a 2016 study from Harvard-based research initiative Opportunity Insights, over 90% of children born in the 1940s grew up to earn more than their parents at age 30. However, for children born in the 1980s, only half managed to outearn their parents. Galloway, said the economy is "purposely" transferring money to...

President Joe Biden’s administration is delaying its potential plan to ban menthol cigarettes after concerns about the political implications ahead of the 2024 election. The administration planned to announce Friday that it will delay its decision on the rule, people familiar with the matter told the WSJ. While the administration plans to argue that it needs to consult more outside groups on the implications of the rule, there is no current timeline to revisit the issue, the sources told the WSJ. Health and Human Services (HHS) Sec. Xavier Becerra confirmed the news in a statement Friday afternoon, saying the potential...

Monica Lewinsky went viral on Wednesday after joining a social media trend involving one of Taylor Swift's new songs as she referenced her time in the White House with former President Bill Clinton. Lewinsky's post, which had over 6 million views as of Thursday morning, references one of Swift's new songs, "Who's Afraid of Little Old Me?" off her new album, "The Tortured Poets Department." Social media users started sharing lyrics from the song, "you wouldn't last an hour in the asylum where they raised me," along with an image referencing a personal memory or anecdote from their past. Lewinsky...

The Biden administration on Thursday placed the final cornerstone of its plan to tackle climate change: a regulation that would force the nation’s coal-fired power plants to virtually eliminate the planet-warming pollution they release into the air or shut down. The regulation from the Environmental Protection Agency requires coal plants in the United States to reduce 90% of their greenhouse pollution by 2039, one year earlier than the agency had initially proposed. The compressed timeline was welcomed by climate activists but condemned by coal executives who said the new standards would be impossible to meet... Taken together, the regulations could...

Alphabet shares shot up Friday morning after the company posted better-than-expected first-quarter results and approved its first-ever dividend. Alphabet shares shot up 10% Friday morning after the company posted better-than-expected first-quarter results and greenlit its first-ever dividend and a $70 billion buyback. The company on Thursday reported revenue of $80.54 billion, a 15% increase from a year earlier and the fastest growth rate since early 2022, surpassing the $78.59 billion in sales expected by analysts polled by LSEG. Earnings of $1.89 per share eclipsed the $1.51 in earnings per share expected by Wall Street.

U.S. troops have begun construction of a pier to be used to bring humanitarian aid into the Gaza Strip, the Pentagon confirmed Thursday. “I can confirm that U.S. military vessels, to include the USNS Benavidez, have begun to construct the initial stages of the temporary pier and causeway at sea,” Pentagon press secretary Maj. Gen. Pat Ryder said. The news came on the same day Palestinian terrorists fired mortars at United Nations officials as they toured the proposed pier site, as Breitbart News reported.

On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein stated that the White House is okay with the latest GDP report, “especially once you get under the hood, you take out some of those more volatile components, consumer spending and investment look great.” And “the underlying economy is solid as ever.” Guest host Edward Lawrence asked, “When you dig into this GDP report…you find that the first quarter personal consumption grew at 2.5%, the non-defense government spending grew at 0.3%, but if you look back to the fourth...

On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein stated that even with the latest GDP report, we “really haven’t seen much in terms of slow growth yet.” And the job market is “really what matters to people, you don’t eat GDP, your paycheck matters most.” Bernstein said, “We really haven’t seen much in terms of slow growth yet. Let’s talk about the job market, because that’s really what matters to people, you don’t eat GDP, your paycheck matters most. And there, you’ve seen growth continuing to defy...

On Thursday’s broadcast of “NewsNation Now,” White House National Climate Adviser Ali Zaidi denied that the Biden administration is attempting to shut down the coal industry or slow any industry down, and stated that the issue is “about how do we speed up to a stronger economy, a more durable economy, and one that, frankly, puts less pollution into the sky?” Host Connell McShane asked, “[C]oal executives, for the most part, are coming out and saying this — we can’t meet this. So, the real goal here is to kind of shut our industry down. Is that what’s happening?” Zaidi...

California Gov. Gavin Newsom (D) admitted Thursday that the state still faces the risk of blackouts in heat waves despite investing in battery capacity to store electricity for use in times of peak demand. The Los Angeles Times reported: Gov. Gavin Newsom said Thursday that California continued to rapidly add the battery storage that is crucial to the transition to cleaner energy, but admitted it was still not enough to avoid blackouts during heat waves. … Asked by reporters if California now had enough battery storage so that residents no longer had to worry about blackouts during times of high...

Europeans are less ambitious and don't work as hard as Americans, said Nicolai Tangen, the CEO of Norway's $1.6 trillion oil fund. "There's a mindset issue in terms of acceptance of mistakes and risks. You go bust in America, you get another chance. In Europe, you're dead," Tangen told The Financial Times in an interview published on Wednesday. "We are not very ambitious," Tangen added. "I should be careful about talking about work-life balance, but the Americans just work harder." Tangen made these remarks as he gave an overview of his firm's push toward investments in the US, which now...

Ford announced Wednesday losses of $1.32 billion on its Ford Model-e sector, which represents the company’s electric vehicle business. With 10,000 units sold, the company lost $132,000 on each EV it sold. In the fourth quarter of 2023, the company sold 34,000 units in its Model-e business, which produced $1.57 billion in losses, or roughly $46,176 on each EV sold. “The company expects EV costs to improve going forward, but be offset by top-line pressure,” the company said in a press release. The company’s other sectors, which includes its Ford Pro fleet business and Ford Blue gas-powered and hybrid vehicle...

resident Biden's latest proposal to hike the top capital gains tax rate to its highest level in more than a century is facing heavy criticism from experts who warn such an action could significantly harm the U.S. economy. According to a report issued by the Treasury Department, led by Secretary Janet Yellen, the president's proposed fiscal year 2025 budget would increase the top marginal rate on long-term capital gains and qualified dividends to a staggering 44.6%. A capital gains tax hike of that magnitude would take the rate to its highest level since it was first introduced in the early...

Mutiny In China - Youth is giving up on life "Let it Rot", CCP worried