News Story of the Day: Federal Reserve Chair Jerome Powell delivered a speech at the annual Jackson Hole, Wyoming symposium, where he essentially confirmed that the central bank will raise interest rates and normalize monetary policy because the economy can handle it. President Donald Trump will not be happy about this. Here is what Powell […]
Archives for August 2018
CNBC dismisses South Africa’s white-owned land confiscation as ‘fringe talking point’
CNBC published an odd article on Thursday that attempted to dismiss a recent President Donald Trump tweet about South Africa confiscating white-owned land as “fringe,” but then conceded that it is exactly what the government is doing. On Wednesday, the president tweeted: “I have asked Secretary of State @SecPompeo to closely study the South Africa […]
YUCK: CNN loses quarter of audience in a year, still losing to cartoons
The Counterfeit News Network is having a difficult time attracting viewers. Is it because people are sick and tired of the fake news, Trump Derangement Syndrome, and double standards at the network? Perhaps. So, how bad are CNN’s ratings right now? Well, they’re worse than last year’s. According to Nielsen Media Research data, CNN ranked […]
Will the Fed raise interest rates amid Trump criticisms?
President Donald Trump has targeted the Federal Reserve and Jerome Powell over the last week. He slammed the central bank for raising rates five times since he entered the Oval Office, and reportedly his advisers told the president that Powell would be an easy money Fed Chair. So, with Trump making negative comments about the […]
WATCH: John Stossel burns Bernie Sanders’s digital media empire
You may not have known it but Senator Bernie Sanders (I-VT) has a digital media empire. It’s true. Sanders posts videos every few hours that showcase misleading, economically-ignorant, and factually incorrect clips. John Stossel made Bernie Feel the Bern with this superb special that sheds light on the socialist’s empire: