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Headlines: Trump's Joint Session of Congress Address; Climate Change Is Harming the Health of Americans; Musk Calls Social Security a 'Ponzi Scheme'; Trump Threatens to Deport International Students Breaking news, politics, and commentary from the other side
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News
Rich Dad, Poor Dad Author, Trump Friend, $1 Billion in Debt
2+ week, 1+ day ago (285+ words) Vanity Fair: "Robert Kiyosaki, who built an empire on the idea of getting rich, now says he's deeply in debt. Vanity Fair visits the author and friend of Trump at home in Arizona to understand the distance between the gospel…...
Trump's Threat to Halt Trade with Top Partners Unless Fed Cuts Rates
6+ day, 49+ min ago (153+ words) President Donald Trump on Friday demanded that the Federal Reserve slash interest rates or else he will cut off trade with countries with which the U.S. maintains trade deficits. Posted by qcp at 10:30 PM | 3 COMMENTS | permalink | Comment on This Entry | "Trump…...
Trump-Appointed Regulator OKs Banking License for Trump-Linked Crypto Firm
4+ week, 9+ hour ago (173+ words) The Trump administration has granted preliminary approval for a cryptocurrency venture backed by President Donald Trump's family to operate a federally chartered trust bank, over the protests of Democrats who decried the decision as riddled with conflicts of interest. T…...
From Surplus to $40 Trillion Debt in One Generation
3+ week, 1+ day ago (1219+ words) In 2000, we ran a surplus budget. One generation later, we're $40 Trillion in debt, and the annual service on that debt is now more than we spend on Defense. Posted by Danforth at 03:33 PM | 19 COMMENTS | permalink | Comment on This Entry | Surprise,…...
Trump Says US Has Deal to Control Venezuela's Oil
1+ week, 3+ day ago (145+ words) The US has reached a deal with Venezuela to control more than 65 billion barrels of its proven oil reserves, President Donald Trump announced. Posted by REDIAL at 11:32 PM | 4 COMMENTS | permalink | Comment on This Entry | As I expected, Trump will not…...
America's Next Grocery Shock Is Brewing
1+ week, 6+ day ago (459+ words) America's grocery squeeze has thus far been most painfully felt in a few expensive categories, like beef, coffee and chocolate. Now, the forces pushing up food prices are starting to pile up: expensive grain, soaring fertilizer and fuel, plus unpredictable…...
No SEC Probe of Trump Crypto Deal Despite Alleged Illegality
2+ week, 3+ day ago (122+ words) In matters involving the president and cryptocurrency, some experts say the Securities and Exchange Commission has abandoned its mission of protecting investors. Posted by schwellenbach at 05:30 PM | 2 COMMENTS | permalink | Comment on This Entry | Remember when Jimmy Carter sold his peanut…...
Workers' Share of America's Income Is at a Record Low
5+ day, 10+ hour ago (1084+ words) Workers' share of U.S. income has already fallen to its lowest level on record, while corporate profit margins keep breaking records quarter by quarter. Posted by lamplighter at 12:33 PM | 28 COMMENTS | permalink | Comment on This Entry | Corporate America has been waging a…...
Meta to Pay Up to $17 Billion in Landmark Settlement over Social Media Addiction Claims
2+ week, 4+ day ago (96+ words) Cecilia Kang and Eli Tan: The social media giant settled with 47 states, the District of Columbia and U.S. territories, and agreed to make major changes to its products over claims its platforms endangered children. Posted by retort at 01:01 PM | 1 COMMENT | permalink…...
Employers Planning to Shift More Healthcare Costs to Workers
3+ week, 6+ day ago (101+ words) American employers are approaching an uncomfortable choice: absorb another large increase in healthcare costs or pass more of it on to workers. Posted by retort at 02:12 PM | 2 COMMENTS | permalink | Comment on This Entry | It's already absurd how much we pay…...