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Business/Economy (News/Activism)

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  • Conservatives are fighting guaranteed basic income programs using a surprising argument: They aren't universal

    05/19/2024 4:48:10 AM PDT · by where's_the_Outrage? · 26 replies
    Business Insider ^ | May 19, 2024 | Kenneth Niemeyer, Katie Balevic, and Peter Gelling
    Legal challenges by conservative lawmakers and activists against guaranteed basic income programs are heating up nationwide. And one of their arguments is surprising: Some say the programs are discriminatory because they are not universal. Numerous cities and counties are experimenting with guaranteed basic incomes to support their most vulnerable populations. They typically offer no-strings-attached monthly payments between $500 and $1,000 to specific groups, like new moms, Black women, or trans people, all of them low-income residents. Guaranteed basic income programs differ from their idealistic cousin — a universal basic income. UBI, made famous by Andrew Yang during the 2016 presidential...
  • Longtime Democrat Lawmaker Faces Prison After Being Found Guilty (Former Chicago Alderman Ed Burke)

    05/19/2024 1:52:21 AM PDT · by Libloather · 15 replies
    State of the Union ^ | 5/18/24 | Jordan Andrews
    Former Chicago Alderman Ed Burke, once a powerful Democrat, was found guilty of 13 out of 14 corruption charges, including racketeering, bribery, and extortion. The case highlighted high-level corruption in Chicago’s city government, involving political favors for money. The trial also implicated other officials and revealed widespread corruption in Illinois, leading to numerous convictions. “This case was about bribery and extortion occurring at the highest level of Chicago city government,” U.S. Attorney Morris Pasqual said. “Burke has his hand out for money. He tied the giving of official action by him to the giving of money to him.” “Alderman Burke...
  • Germany's sick man of Europe economy 'could pull the plug on the EU'

    05/18/2024 8:27:06 PM PDT · by RandFan · 14 replies
    Daily Express ^ | May 18 | Story by Jasmine Birtles
    Germany's self-inflicted economic problems have been much in the news in the last couple of years. Having eschewed cheap fossil fuels for 'green' energy sources, the manufacturing powerhouse of Europe has fallen into recession, seen a slowdown in growth, a decline in exports, and a widening trade deficit. Of course, the country's move away from fossil fuels is not the only reason for its economic problems. Other factors include a global economic slowdown affecting its exports, the Ukraine war cutting off supplies of cheap gas, trade tensions, and domestic challenges such as a decline in investment and a shortage of...
  • Now a coffee ban? The WEF is eyeing coffee ...

    05/18/2024 12:09:10 PM PDT · by MtnClimber · 116 replies
    American Thinker ^ | 18 May, 2024 | Eric Utter
    Roughly 75% of Americans drink coffee every day. That won’t be the case for long, apparently, if the elites at the World Economic Forum in Davos, Switzerland, have their way. Did anyone notice what they were talking about back in January during the 2024 World Economic Forum's Davos get-together? During a recent WEF panel discussion, a reporter for Moneywise, in an item posted on Yahoo! Finance, reported that one speaker, some banker named Hubert Keller, remarked, “The coffee that we all drink emits between 15 and 20 tons of CO2 per ton of coffee.” Ominously, he added, “so we should...
  • Fmr. Obama Econ. Adviser El-Erian: Green Energy Transition Helped Create Higher Inflation Environment

    05/18/2024 1:31:00 PM PDT · by ChicagoConservative27 · 12 replies
    Breitbart ^ | 05/18/2024 | Ian hatchett
    On Friday’s broadcast of Bloomberg’s “Surveillance,” Bloomberg columnist, economist, President of Queens’ College, Allianz Chief Economic Adviser, and former Obama Global Development Council Chair Dr. Mohamed El-Erian stated that the “sustainable energy” transition has helped create “a world that’s subject to higher inflation” than the world we had before.
  • Houston distributes water as more than 500,000 remain without power after devastating storms

    05/18/2024 1:24:24 PM PDT · by ChicagoConservative27 · 28 replies
    Nbcnews ^ | 05/18/2024 | Phil Helsel
    The city of Houston on Saturday opened new distribution centers to give out water as around 500,000 customers remained without power following severe storms blamed in the deaths of seven people in the region. Houston was forecast to reach a high of 90 degrees Saturday as the city and Harris County recovers from tornadoes and 100 mph straight-line winds that struck with little warning on Thursday. Seven deaths — four in Houston and three in unincorporated Harris County — have been blamed on effects from the weather, including from falling trees and a fire sparked by lighting.
  • NYC shoplifting soars with over 21K complaints lodged so far this year — causing CVS, Walgreens to close up shops

    05/18/2024 9:07:35 AM PDT · by ChicagoConservative27 · 31 replies
    Nypost ^ | 05/18/2024 | Lauren Ellie's Schram & Tina Moore
    New York City is losing drugstores as retail theft continues to surge. Gotham has logged 21,578 shoplifting complaints this year through May 12, up 5% from the 20,552 thefts during the same period last year. Manhattan has seen 8,896 incidents of retail theft alone. Crime is so rampant, national chains like Target, CVS and Walgreens are closing locations and tempering expansion plans. Target announced at the end of last year the closure of nine stores across four states, including one in Harlem, due to theft.
  • Maher: U.S. Medical Establishment Too Scared to Admit Child Gender Transitions Are Dangerous Like Other Nations Have

    05/18/2024 6:52:15 AM PDT · by ChicagoConservative27 · 33 replies
    Breitbart ^ | 05/18/2024 | Ian hatchett
    On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher reacted to the United Kingdom and Scandinavian nations walking back transitioning children by saying that America has tried to be so progressive, it’s actually behind the rest of the world and that the American medical establishment won’t make the same corrections other nations have because “They’re afraid.” Maher stated, “Let me add one more thing to our discussion there about rolling back some of the overexcesses in 2020…this is in the U.K., they are now pronouncing the United States as way behind. This is so, to me, symbolic of so...
  • Climate Crazies Glue Themselves to Munich Airport Runway

    05/18/2024 6:09:19 AM PDT · by ChicagoConservative27 · 32 replies
    Breitbart ^ | 05/18/2024 | BREITBART LONDON
    BERLIN (AP) – German authorities closed down Munich airport temporarily on Saturday after six climate activists broke through a security fence and glued themselves to access routes leading to runways, officials and local media reported. The activists from the group Last Generation were protesting flying, the most polluting form of transportation, said the German news agency dpa. Police have detained the six. Incoming flights had to be diverted to other airports, an airport spokesperson said. After a couple of hours, the airport’s two runways were reopened though some disruptions to flight schedules may happen, a statement on the airport´s official...
  • Biden’s tariffs will make us pay more for cars we don’t want — but are forced to buy

    05/18/2024 6:00:28 AM PDT · by bitt · 18 replies
    https://nypost.com ^ | 5/18/2024 | David Harsanyi
    Not long ago, President Biden promised to transform the American auto industry — “first with carrots, now with sticks” is the analogy The Washington Post used. Now, I don’t know about you, but I’m not sure I’d trust the president to drive my car, much less dictate the future of industrial policy. Yet Biden implemented draconian emissions limits for all vehicles, ensuring that within nine years 67% of all new passenger cars and trucks will be electric. In the old days, a centralized state controlling manufacturing and commerce, production, prices, wages and conditions in our biggest sectors would be called...
  • Biden’s Climate Change Scare Tactics Aren’t Working: It's not among the top issues on the public’s list of concerns

    05/17/2024 8:48:31 PM PDT · by SeekAndFind · 14 replies
    American Thinker ^ | 05/17/2024 | Warren Beatty
    First, the stage must be set. The joke that currently occupies the Bully Pulpit says he’s the first climate president, says he’s making history by confronting the climate crisis, not denying it. “I’m taking the most significant action on climate ever in the history of the world.” Now to his latest tactic.Biden gave a warning on climate change in September 2021, when he surveyed damage caused by Hurricane Ida in New York and New Jersey. “We’ve got to listen to the scientists ... they all tell us this is code red. ... The nation and the world are in peril,...
  • Mercedes-Benz workers in Alabama vote against UAW union membership

    05/17/2024 1:10:45 PM PDT · by Red Badger · 22 replies
    CNBC ^ | May 17, 2024 | Michael Wayland
    KEY POINTS: * Mercedes-Benz workers in Alabama have voted against union representation by the United Auto Workers, the National Labor Relations Board said Friday. * The results are a blow to the UAW’s organizing efforts a month after the Detroit union won an organizing drive of roughly 4,330 Volkswagen plant workers in Tennessee. * The Mercedes-Benz vote was expected to be more challenging for the union than the Volkswagen plant, where the union had already established a presence after two failed organizing drives in the past decade. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
  • Massie and other Republicans push the 'Federal Reserve Board Abolition Act'

    05/17/2024 8:56:17 AM PDT · by Twotone · 25 replies
    The Blaze ^ | May 16, 2024 | Alex Nitzberg
    GOP Rep. Thomas Massie of Kentucky and more than a dozen other House Republicans are pushing a measure that targets the Federal Reserve System. The measure includes text that declares, "The Board of Governors of the Federal Reserve System and each Federal reserve bank are hereby abolished" and "the Federal Reserve Act is hereby repealed." Massie announced the introduction of the measure on Thursday, the same day that the Dow Jones Industrial Average stock index surpassed 40,000 for the first time before ultimately giving up its gains and closing slightly down for the day. 'If we really want to reduce...
  • Romney says he laughs at term ‘America first’

    05/17/2024 9:29:20 AM PDT · by ChicagoConservative27 · 78 replies
    The Hill ^ | 05/17/2024 | FILIP TIMOTIJA
    Sen. Mitt Romney (R-Utah) said he laughs at the term “America first,” an increasingly common phrase heard in the Republican Party regarding U.S. foreign policy that he finds “disorienting.” Romney said during an interview with MSNBC’s “The 11th Hour with Stephanie Ruhle” earlier this week that growing isolationism in the GOP is “unimaginable” considering its past leaders, like former Presidents Reagan, George H.W. Bush and George W. Bush, as well as former Sen. John McCain (R-Ariz.). Romney argued the term, popularized by former President Trump, “flows” in from talk radio and TV, where “outrageous” things are embraced by the party’s...
  • Voters want to tax outrageous CEO pay. Are lawmakers listening?

    05/17/2024 9:26:04 AM PDT · by ChicagoConservative27 · 40 replies
    The Hill ^ | 05/17/2024 | SARAH ANDERSON
    For decades now, I’ve been conducting my own informal survey of American views about CEO pay. Whenever family, friends, or random strangers ask about my job, I tell them it involves research on executive compensation. Last year, for example, I found that CEOs of America’s 100 largest low-wage employers made, on average, over 600 times what their median workers made — and often thousands of times more. Invariably, people see red when I share these numbers. And they often have choice words about the unfairness of it all. A new poll reinforces my informal findings: Americans across the political spectrum...
  • Canadian euthanasia doctor gushes about how much she enjoys killing people

    05/17/2024 9:03:28 AM PDT · by xoxox · 33 replies
    LifeSite News ^ | Fri May 17, 2024 - 10:02 am EDT | Jonathon Van Maren
    “I love my job,” she told Carr. “I’ve always loved being a doctor and I delivered over 1,000 babies and I took care of families, but this is the very best work I’ve ever done in the last seven years. And people ask me why, and I think well, doctors like grateful patients, and nobody is more grateful than my patients now and their families.” Her euthanasia patients, it must be noted, are dead. As one disturbed watcher noted on social media: “Enjoying her job a little too much, I felt.” Many others concurred.
  • Wolf advocates charged with illegal lobbying at state Capitol. ( Colorado )

    05/17/2024 9:01:57 AM PDT · by george76 · 4 replies
    Colorado Politics ^ | May 17, 2024 | Marianne Goodland
    The state's election office on Monday began proceedings against an advocate for wolves in Colorado over allegations of illegally lobbying during the 2024 session at the state Capitol. ... The complaints, filed in March by John Williams, who operates Colorado Wolf Tracker, claimed Stephen Capra and his organization, Bold Visions Conservation, lobbied multiple legislators on behalf of a paying client, all without registering and without disclosing the client’s identity as required by law. The Elections Division of the Secretary of State launched the proceedings against Capra ... The bill Capra was lobbying on was House Bill 1375, which was sponsored...
  • Households Earning $300k+ a Year Are Biggest Beneficiaries of New Student Debt ‘Cancellation’ Plan, Penn Wharton Study Finds

    05/17/2024 7:03:57 AM PDT · by Mr. Mojo · 14 replies
    Foundation for Economic Freedom ^ | MAY 10, 2024 | Jon Miltimore
    President Joe Biden introduced new provisions to his student debt relief plan earlier this month, and the primary beneficiaries are high-income earners, according to a new analysis released by the Wharton School of the University of Pennsylvania. While Biden’s 2023 SAVE Plan already put taxpayers on the hook for $475 billion, the new plans add another $84 billion to the tally — largely by “canceling” the student debt of some 750,000 households making more than $312,000 a year on average. The average debt relief for these households is $25,500, the study found. In June 2023, the Supreme Court struck down...
  • Powerful Storm Topples Transmission Towers in Texas, Plunges Millions into Darkness

    05/17/2024 7:00:55 AM PDT · by Red Badger · 43 replies
    Daily Fetched ^ | May 17, 2024 | Jason Walsh
    Millions of Texas residents are without power after massive storms tore through the state on Thursday and toppled transmission towers. The National Weather Service of Houston wrote on X: “Severe thunderstorms moving across the Houston metro area have a history of producing damaging winds!” “This destructive storm will contain wind gusts to 80 MPH! A tornado is possible!” Shocking footage of the toppled transmission towers was shared by users on X. Over a million Texans are without power, mainly in the eastern part of the state, poweroutage.us reported. AOL.com reported: Thunderstorms have killed four people and knocked out power to...
  • Bird Flu Fearmongering Prompts Spike in Survival Beef Sales

    05/17/2024 6:00:08 AM PDT · by ChicagoConservative27 · 24 replies
    Breitbart ^ | 05/17/2024 | PREPPER ALL-NATURALS (SPONSORED)
    Mainstream media has been covering bird flu incessantly for weeks. It has been compared to COVID-19 and even the Bubonic plague with talking head “doctors” practically declaring it to be the next pandemic. Whether their concern is real or part of an election year operation is debatable, but what has become crystal clear is that Americans are viewing the sudden bird flu attention from government agencies as a reason to stock up on long-term storage beef. “The beef industry is undeniably under attack,” said JD Rucker, CEO of Prepper All-Naturals. “Whatever risk, if any, that bird flu poses to cattle...