Free Republic

President Donald Trump has threatened to take away $3 billion in federal grants from Harvard University and redirect the money to trade schools, escalating a months-long battle with the Ivy League institution. "I am considering taking Three Billion Dollars of Grant Money away from a very antisemitic Harvard, and giving it to TRADE SCHOOLS all across our land," Trump posted Monday on his social media platform, Truth Social. "What a great investment that would be for the USA, and so badly needed!!!"

The South African president’s office vowed Wednesday to fight the “treasonous act of misinformation,” which it blames for spreading abroad what it considers false narratives about the persecution of white Afrikaners. The warning came two days after the first charter flight of several dozen Afrikaner refugees arrived in the U.S. On Tuesday, President Cyril Ramaphosa called the refugees “cowards” for “running away” — a sentiment that his party, the African National Congress (ANC), echoed. The ANC claimed that the Afrikaners were not being persecuted, while faulting them for abandoning “transformation,” a policy of racial economic redistribution. Ramaphosa’s representative, Minister in...

Ask any budget expert in Washington to explain the ballooning deficit and debt, and Social Security and Medicare will be high on the list of causes. That’s wrong. The real driver, the elephant in the room, is means-tested social-welfare spending—Medicaid, food stamps, refundable tax credits, Supplemental Security Income, Temporary Assistance for Needy Families, federal housing subsidies and almost 100 other programs whose eligibility is limited to those below an income threshold. True, Social Security and Medicare are a drain on general revenue and will become big fiscal problems if not reformed. But they aren’t the major source of our current...

Foreign Exchange: Thailand's ham-fisted capital controls, announced Tuesday, sought to halt the baht's rise. But all that did was knock $23 billion in value from Thai stocks and rattle world markets. It's not the answer. What it actually shows is that the caretaker military regime, in power since its September coup, isn't quite up to the task of running Thailand's economic powerhouse. Thailand's markets, which have done well this year, don't need new controls. What they really need are the same thing Thailand's people need — more freedom, economic and political. Thailand's government Tuesday told foreign investors they would no...

BANGKOK, Sept 3 (Reuters) - Thailand's Prime Minister Paetongtarn Shinawatra on Tuesday said part of the government's vaunted 450 billion baht ($13.1 billion) "digital wallet" handout will be distributed in cash, in another change to its flagship populist policy. Details are still being finalised and will be announced in a policy statement to parliament, she added. The digital wallet handout had previously entailed transferring 10,000 baht ($292) in credit to 50 million Thais via a smartphone application to spend in their localities within six months.

Single-mother families make up one in five American families with children under 18. I grew up in one of them. Solo parenting is no easy feat. Even though my Philadelphia childhood was filled with happy memories, we went through hardship, too. I remember how stressed my mom would get about making ends meet. In high school, while I spent hours on homework, she was in court fighting not to lose our house. Too many single moms like mine face unnecessary economic insecurity that jeopardizes the wellbeing of their families. While some argue marriage is the best solution, what really uplifts...

Artificial intelligence scientist Geoffrey Hinton, known as the “Godfather of AI,” is urging the British government to enforce a universal basic income (UBI) to cope with the impact of AI technology. Universal basic income is a social welfare system in which the government provides every citizen with a standard minimum income. These payments are unconditional and transferred to citizens on a regular basis without any pre-qualification. The concept is in keeping with the Marxist ideal of wealth redistribution and has been proposed by socialist figures such as Sen. Bernie Sanders (I-VT). Hinton told BBC Newsnight that a universal basic income...

The Supreme Court on Friday struck down President Joe Biden’s student loan forgiveness plan, denying tens of millions of Americans the chance to get up to $20,000 of their debt erased.

Senior Biden Administration Officials Participating in High-Level Vatican Conference on FridayVATICAN CITY — U.S. Treasury Secretary Janet Yellen, President Biden’s climate envoy John Kerry, and the heads of the IMF, World Bank, and African Union will be taking part in a high-level Vatican conference on Friday on the theme “Dreaming of a Better Restart.” Hosted by the Pontifical Academies of Sciences and Social Sciences, the one-day meeting, which includes the participation of finance ministers from the US, France, Spain, Germany, Italy, Mexico, and Argentina, aims to build on recent inter-governmental efforts to combat inequality, climate change, and hunger following...

With far more political acuity than critics expected, President George Bush disarmed world government proponents while promising more aid to developing nations. The U.N.'s High Level Panel on Financing Development concluded its four-day conference in Monterrey, Mexico, without explicit authorization for U.N. taxes on currency exchange, fossil fuels and a host of other tax targets. The conference, publicized as a poverty-reducing initiative, was, in fact, another effort by the U.N. to gain taxing authority. Ernesto Zedillo, head of the U.N. panel, issued a report on June 28, calling for the new taxing authority. U.S. delegates to the conference made it...

Some critical thinking here, the author dissects "inflation" then concludes we need crypto currency

When most employees get fired, they leave with only their personal items and a strong dose of embarrassment. No severance. No gold watch. No retirement party. Just a terse, “Don’t bump your butt on the door on your way out!” It matters not that the employee may have been a solid contributor to the company for many years.  Such is not the case if you are among the chosen few who are blessed to work for very generous boards of directors. Witness the recent events under the Golden Arches. CEO Steve Easterbrook was pushed out for admittedly having a sexual...

Celebrities, activists, environmentalist organizations, the UN, government entities and sadly, even the Vatican support the theory that humans cause climate change. However, in this exclusive interview, “global warming” expert and author Marc Morano gives you hard-hitting arguments and facts that dispel the artificial fear propagated by “climate emergency” alarmists.

"Working-class issues are the issues of the Democratic Party," Rep. Tim Ryan (D-Ohio) told Fox News's Maria Bartiromo on "Sunday Morning Futures." .. We got to get off this, you know, just talking about $15 an hour. We got to talk about how we get $30-, $40-, $50-an-hour jobs that people who work hard and play by the rules can be comfortable. I think people are tired of the anxiety, tired of not being comfortable, and the Democratic Party is pushing an agenda that will help those people.

If Mark Zuckerberg and a janitor who works at Facebook’s headquarters each received a speeding ticket while driving home from work, they’d each owe the government the same amount of money. Mr. Zuckerberg wouldn’t bat an eye. The janitor is another story. For people living on the economic margins, even minor offenses can impose crushing financial obligations, trapping them in a cycle of debt and incarceration for nonpayment. In Ferguson, Mo., for example, a single $151 parking violation sent a black woman struggling with homelessness into a seven-year odyssey of court appearances, arrest warrants and jail time connected to her...

The world will be in deep trouble if it fails to tackle climate change and inequality, IMF managing director Christine Lagarde has warned. “If we don’t address these issues... we will be moving to a dark future” in 50 years, she told a major economic conference in the Saudi capital Riyadh on Tuesday. Lagarde said that “we will be toasted, roasted and grilled” if the world fails to take “critical decisions” on climate change. Lagarde also called for tackling inequality between men and women and countries that are “haves” and those that are “have nots”. If the world wants a...

Evverybody knows by now that President Trump is a fascist. He's a Nazi just like the white supremacists who marched in Charlottesville, Va., on Aug. 12. We know this because the mainstream media, a host of dimwit celebrities, various Democratic politicians and the highly reputable antifa tell us he is. What we really know, though, is these groups don't know anything except how to shriek louder and longer than everyone else. A few also well know how to break other people's property and set things that don't belong to them on fire. But they don't know their history, and therefore...

China and the European Union will seek on Friday to save an international pact against climate change that U.S. President Donald Trump appears to be set to pull out of.As China emerges as Europe's unlikely global partner on areas from free trade to security, Premier Li Keqiang will meet top EU officials at a summit in Brussels that will also discuss North Korea's missile tests.In a statement backed by all 28 EU states, the European Union and China will commit to full implementation of the Paris Climate Agreement, EU and Chinese officials said.The joint statement, the first between the China...

In a stark flashback to the events that led to Zimbabwe's terminal collapse into banana republic status, as well as unleashing hyperinflation and economic devastation, on Thursday South African President Jacob Zuma pledged to break up white ownership of business and land to reduce inequality, in a State of the Nation address which as the WSJ reports was disrupted by a fistfight, walkouts and a release of pepper spray in the parliamentary chamber. It appears South Africa is not fond of implementing "Rule 19." Scenes of verbal and physical clashes inside the parliament, some 27 years to the day...

Lloyd Blankfein may be top dog at one of the world’s most powerful banks, but that doesn’t mean he’s unaware of the everyday trials and tribulations of the so-called 99%. The two goals of the economy should be to “expand the wealth of the world and to distribute [it] fairly,” the chief executive of Goldman Sachs Group Inc. told business leaders in Toronto. “And I think in the United States over the last generation or two we’ve been much better at generating wealth and much less good at distributing it.” In a question and answer session with Royal Bank of...