A jury in a federal court in Washington, D.C., on Friday found former Trump White House adviser Steve Bannon guilty on both counts in his contempt of Congress trial.Read More
Day: July 22, 2022
Wall Street Is Freaking Out About One Major Recession Indicator
Wall Street investors and economists are sounding the alarm over a yield curve inversion, one of the most reliable indicators that a recession is coming, according to The New York Times.
The yield curve inversion, or when two-year bonds have a higher return than ten-year bonds, hit its largest spread yet on Wednesday, sending investors into a panic, according to the NYT. Economists and investors see this kind of inversion as a negative omen for the economy, and every recession in the U.S. in the last 50 years has been preceded by a yield curve inversion.Read More
Commentary: The Left Should Be Happy with Biden
The Left should be ecstatic that Joe Biden has given them everything they wanted.
The Left likes inflation. It reduces the value of old money by printing lots of new money. Those richer who have it, lose the value of their money; those poorer who don’t have any money, suddenly do.Read More
Joe Biden Hits New Low of 31 Percent Approval in New Quinnipiac Poll, Only 19 Percent of Hispanics Approve
Joe Biden has hit a new low in the latest Quinnipiac University National Poll, with a mere 31 percent of Americans approving of the job he’s doing, and 60 percent disapproving.
The new poll, released today, shows Biden with only 29 percent approval among white voters, and with an even lower approval rating of 19 percent among Hispanics. Most black voters approved of Biden’s job performance, giving him a 61 percent approval rating.Read More
Commentary: Senior Biden Officials Are Entangled in Durham’s Criminal Russiagate Probe
Several individuals connected to a 2016 Hillary Clinton campaign plot to cast Donald Trump as a covert Kremlin collaborator are working in high-level jobs within the Biden administration – including at least two senior Biden appointees cited by Special Counsel John Durham in his “active (and) ongoing” criminal investigation of the scheme, according to recently filed court documents.Read More
Most Companies Quiet on Abortion After Roe Overturned
Most U.S. companies aren’t making public statements about the Supreme Court overturning Roe v. Wade June 24 in its decision in Dobbs v. Jackson Women’s Health Organization, a Conference Board survey found.
Only 8% of U.S. companies have made public statements about the Supreme Court’s decision to overturn Roe, and another 2% plan to make a statement, according to the survey. Most companies in the survey had made public statements about social issues since 2020, with 61% addressing racial equality, 44% addressing LGBT issues, 40% addressing COVID-19 and vaccines and 30% addressing gender equality.Read More
House Passes ‘Right to Contraception’ Bill Republicans Say Violates Religious Freedom
The Democrat-led House passed a bill Thursday, with the support of eight Republicans, that would create a federal right to access contraception, a measure that most Republicans say violates religious freedom.
The legislation (HR 8373), dubbed the Right to Contraception Act and sponsored by Rep. Kathy Manning (D- NC), passed by a vote of 228-195. The measure would guarantee a right to all contraceptive drugs and devices, as well as sterilization procedures, approved by the Food and Drug Administration (FDA).Read More
Police Arrests Have Plummeted Across the Country but Little Agreement on Why
Cities across the country have reported a significant drop in police arrests in a trend that started as far back as 2014.
Los Angeles, St. Louis, San Antonio, Atlanta, Philadelphia and Ann Arbor, Michigan, are just some of the cities that have reported significant drops in police enforcement without an accompanying drop in serious crime.Read More