Trump’s Corporate Tax Cuts Paved The Way For Inflation – OpEd
Wednesday, 15 May 2024 Next year, when key provisions of President Trump’s 2017 tax breaks to the wealthy and corporations expire, we have an opportunity to get our money back.
I’m not just talking about all the foregone tax revenue we’ve lost because the rich have paid so little since 2017 — though we should get that back, too. I’m...
Donald Trump warned "it would be tough for the public to take" if he was imprisoned after becoming the first former US president to be criminally convicted. Sky News
In this video, we delve into the escalating tensions between the Houthis and the United States in Yemen. Recent events have seen the Houthis launching a new missile blitz, resulting in a direct hit on a U.S. warship. This attack appears to be in response to American strikes on Yemen, notably employing a massive 5,000-pound bomb. Join us as we analyze the unfolding situation, its implications for regional stability, and the potential for further escalation between these two adversaries. Stay tuned for the latest updates and insights on this developing story.
#houthis #houthi #iran #palestine #gazawar #israelgazawar #yemen #hamas #redsea #redseaattack #eisenhower #breakingnews #internationalnews #war #warongaza #oneindia #oneindianews #youtube #youtubeshorts
7 , Inspiring LGBTQ+ Quotes , for Pride Month.
We should indeed keep calm in the face of difference, and live our lives in a state of inclusion and wonder at the diversity of humanity, George Takei, Actor.
I learned compassion from being discriminated against. Everything bad that's ever happened to me has taught me compassion, Ellen DeGeneres, Talk Show Host.
I've been embraced by a new community. That's what happens when you're finally honest about who you are;
you find others like you, Chaz Bono, Advocate and Actor.
Everybody's journey is individual. If you fall in love with a boy, you fall in love with
a boy. The fact that many Americans consider it a disease says more about
them than it does about homosexuality, James Baldwin, Novelist.
The beauty of standing up for your rights is others see you standing and stand up as well, Cassandra Duffy, Author.
The only queer people are those who don't love anybody, Rita Mae Brown, Writer and Activist.
Openness may not completely disarm prejudice, but it's a good place to start, Jason Collins, Former NBA Player
Credit: Wibbitz Top Stories Duration: 01:20Published
The Houthis have reported that all casualties in Hodeida from a recent U.S.-UK assault were civilians and have vowed a "painful response" to Americans. The U.S. Navy aircraft carrier Eisenhower, now in the Red Sea and past its 200-day deployment mark, faces relentless Houthi attacks. The Red Sea, carrying around 20% of the world's maritime trade, is a key route to Europe via the Suez Canal, though less critical to America. Despite the U.S. carrier's presence, the waters remain extremely dangerous
#YemenConflict #HouthiRebels #USNavy #USSCarrierEisenhower #RedSea #MilitaryTensions #MaritimeSecurity #MiddleEastCrisis #CivilianCasualties #USUKAssault #SuezCanal #GlobalTradeRoutes #NavalWarfare #GeopoliticalConflict #InternationalRelations
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Severe Weather Causes , Thousands of Americans to Lose Power.
The past few days have brought deadly tornadoes
and storms across the country, BBC reports.
Over Memorial Day weekend, at least 23 people
were killed, and hundreds more were injured.
Approximately 200,000 people
still have no power, BBC reports. .
Kentucky had the most outages,
leaving over 80,000 homes without power.
Kentucky Governor Andy Beshear has
declared a state of emergency, referencing the
"devastating storms that hit almost the entire state.".
Texas Governor Greg Abbott said that
over a third of the state's counties were in
a state of disaster from the extreme weather.
The National Weather Service (NWS) warns
that severe weather may continue until May 29.
Flash flooding, "significant damaging wind and
large hail" is expected throughout northern and
central Texas, as well as southern Oklahoma.
Flash flooding, "significant damaging wind and
large hail" is expected throughout northern and
central Texas, as well as southern Oklahoma.
The East Coast, particularly
New York to Maryland, could
experience thunderstorms and heavy rain.
These disasters come as forecasters
predict an "extraordinary" Atlantic
hurricane season commencing in June.
Credit: Wibbitz Top Stories Duration: 01:30Published
It doesn't look like Robert F. Kennedy Jr. is going to have a chance to join President Biden and former prez Donald Trump on the debate stage this month -- and.. TMZ.com
Donald Trump has claimed "it's very possible" that his political opponents may face prosecution after he became the first former US president to be criminally.. Sky News
Jon Stewart is slamming the media's response to Donald Trump's hush money conviction. Last Thursday, a New York jury found Trump guilty on all 34 counts of falsifying business records. He will be sentenced on July 11 and becomes the first former US president to be convicted of felony crimes. During Monday's 'The Daily Show,' the host criticized conservative outlets' denial of the trial's legitimacy.
Credit: The Hollywood Reporter Duration: 01:40Published
Biden Signs Executive Order , Capping Number of
Asylum Seekers , at US-Mexico Border.
Biden Signs Executive Order , Capping Number of
Asylum Seekers , at US-Mexico Border.
On June 4, President Joe Biden signed an
executive order restricting asylum seekers
at the United States' border with Mexico.
On June 4, President Joe Biden signed an
executive order restricting asylum seekers
at the United States' border with Mexico.
'Newsweek' report that the executive order utilizes
a controversial regulation last used by his
predecessor, former President Donald Trump.
'Newsweek' report that the executive order utilizes
a controversial regulation last used by his
predecessor, former President Donald Trump.
The executive order will effectively halt migrants crossing
the U.S. border once a daily cap of 2,500 crossings per
day over a seven-day average has been reached. .
The executive order will effectively halt migrants crossing
the U.S. border once a daily cap of 2,500 crossings per
day over a seven-day average has been reached. .
It also allows officials to rapidly deport
migrants who cross the border illegally.
We will need to review the executive
order before making litigation
decisions, but any policy that
effectively shuts off asylum would
raise obvious legal problems,
just as we did when the Trump
administration tried to end asylum, Lee Gelernt, Deputy director of the ACLU's
Immigrants' Rights Project, via 'Newsweek'.
'Newsweek' reports that the executive order
marks a significant shift in the Biden
administration's immigration policy. .
'Newsweek' reports that the executive order
marks a significant shift in the Biden
administration's immigration policy. .
The executive order utilizes a law referred to as Section
212(f), which dates back to the 1950s, and was last used
by Donald Trump at the beginning of his presidency. .
The executive order utilizes a law referred to as Section
212(f), which dates back to the 1950s, and was last used
by Donald Trump at the beginning of his presidency. .
The measure allows the president to
suspend the entry of any foreigner deemed
"detrimental to the interests" of the U.S. .
It also comes ahead of the 2024 election
and criticism that his administration has
failed to deal with years-long surge of
migrants arriving at the southern U.S. border.
It also comes ahead of the 2024 election
and criticism that his administration has
failed to deal with years-long surge of
migrants arriving at the southern U.S. border.
'The New York Times' reports that while daily numbers have
fallen below the record 10,000 reached in December 2023,
approximately 3,500 migrants crossed on June 2 alone.
Credit: Wibbitz Top Stories Duration: 01:31Published
DNC to Virtually Nominate , Biden and Harris.
DNC to Virtually Nominate , Biden and Harris.
The Democratic National Committee (DNC) will
virtually certify the president and vice president
as the party's nominees ahead of the Aug. 7 certification deadline in Ohio, ABC News reports. .
The Democratic National Committee (DNC) will
virtually certify the president and vice president
as the party's nominees ahead of the Aug. 7 certification deadline in Ohio, ABC News reports. .
The certification will also occur before the DNC's in-person convention beginning Aug. 19 in Chicago.
The DNC will still conduct ceremonial events commemorating the nominations at the convention.
The decision to virtually nominate Biden and Harris
was decided before the Ohio Senate met on May 28, questioning whether Biden could "appear on the state's general election ballot in November," ABC News reports.
The decision to virtually nominate Biden and Harris
was decided before the Ohio Senate met on May 28, questioning whether Biden could "appear on the state's general election ballot in November," ABC News reports.
DNC Chair Jamie Harrison is
confident that Democrats will handle the
issue and "land this plane on our own.".
Joe Biden will be on the ballot in Ohio and
all 50 states, and Ohio Republicans agree.
But when the time has come for action,
they have failed to act every time, so
Democrats will land this plane on our own, Jamie Harrison, DNC chair, via statement.
Through a virtual roll call, we will ensure that
Republicans can't chip away at our democracy
through incompetence or partisan tricks and
that Ohioans can exercise their right to vote
for the presidential candidate of their choice, Jamie Harrison, DNC chair, via statement.
Mike DeWine, Republican governor
of Ohio, chimed in as well.
While I understand the Democratic National
Committee has just today proposed a
work-around to help get President Biden
on the Ohio ballot, it is prudent legislation
be passed to get this done. , Mike DeWine, Ohio governor, via statement.
As I previously said, we do not want to leave
something so basic as having the sitting
President of the United States on the ballot
to others when this can-and should-be done
legislatively. It's the right thing to do. , Mike DeWine, Ohio governor, via statement.
For these reasons, it is important that
a bill or multiple bills that accomplish
these common-sense measures come
to my desk right away this week.
It's the right thing to do, Mike DeWine, Ohio governor, via statement
Credit: Wibbitz Top Stories Duration: 01:30Published
Trump Promises to Stop , All Electric Car Sales.
In an effort to be reelected
as President of the Unites States.
Trump is promising oil and gas execs that
he'll keep electric vehicles (EVs) from being sold in the U.S. if they make significant donations to his campaign, Gizmodo reports. .
Trump said that he'd lower tailpipe emissions targets and cut EV tax credits, among other things. .
"You won't be able to sell those cars," Trump said.
However, the EV market continues to grow, with
at least 1.5 million units expected to sell in 2024.
If Trump squashes EV sales in the U.S., it could anger some Republicans since the market has provided more jobs and investments in the South.
For example, Hyundai is investing
$13 billion in Georgia, a state Trump lost
in 2020, to produce electric vehicles.
Meanwhile, analysts predict EV sales will continue to rise despite Trump's efforts.
Although, his tactics could prove
to slow those sales dramatically. .
Ford Motor executive chair
William Clay Ford Jr. weighed
in on Trump's promises.
Our time frame as a company,
our planning time frame, is a lot
longer than election cycles, William Clay Ford Jr., via statement.
When we’re whipsawed back
and forth by politicians that
becomes really difficult for us, William Clay Ford Jr., via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Advocates Fight For Those , Sickened By US Nuclear Testing , Program on Capitol Hill.
On June 7, the federal Radiation Exposure Compensation
Act (RECA) program is set to expire, ending a lifeline
for families sickened by the country's nuclear testing. .
On June 7, the federal Radiation Exposure Compensation
Act (RECA) program is set to expire, ending a lifeline
for families sickened by the country's nuclear testing. .
NPR reports that advocates have gathered
on Capitol Hill to fight for so-called atomic
veterans and save the RECA program.
Over the past year, multiple bipartisan
bills were approved by the Senate to
reauthorize and expand the program. .
Those bills stalled out in the House,
due to some Republicans objecting
to the cost of the program. .
According to sponsors of the bills, those concerns
were addressed by reducing the initial 2023 estimate
of $143 billion down to between $50 and $60 billion. .
NPR reports that RECA has provided payments up to
$75,000 to those sickened by the nuclear testing
program, totaling $2.7 billion to over 400,000 recipients. .
One of the groups fighting to have
the program extended is the
Tularosa Basin Downwinders Consortium. .
The group works to raise awareness of illnesses
linked to Trinity, the government's code word for
the first nuclear bomb test, which took place in 1945.
Martinez White, a member of the group,
says fallout from those tests resulted in at
least six cases of cancer in her family of ten. .
I would often go home for
funerals and everybody in
Tularosa was dying of cancer.
We knew something was very weird. , Martinez White, Tularosa Basin
Downwinders Consortium member, via NPR.
There's no industry in the whole
Tularosa Basin but for White Sands
Missile Range, where the
Trinity bomb was detonated, Martinez White, Tularosa Basin
Downwinders Consortium member, via NPR
Credit: Wibbitz Top Stories Duration: 01:31Published
In the United States, the presidential election campaign is in full swing. Young voters are often considered difficult to reach. And with both Democrats and Republicans fielding candidates born in the 1940s, the parties are worried about how to get the youth vote out.
#USPolitics #ElectionCampaign #YouthVote #VoterEngagement #PoliticalParties #GenerationZ #MillennialVoters #GetOutTheVote #YouthEngagement #USPresidentialElection #OIDW #DWVideos
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ConocoPhillips , to Buy Marathon Oil.
ConocoPhillips , to Buy Marathon Oil.
On May 29, ConocoPhillips agreed to
acquire Marathon Oil in an all-stock deal valued at $17 billion, CNBC reports.
The agreement will provide ConocoPhillips with
an additional 2 billion barrels of U.S. inventory.
This acquisition of Marathon Oil further
deepens our portfolio and fits within our
financial framework, adding high-quality,
low cost of supply inventory adjacent to our
leading U.S. unconventional position. , ConocoPhillips CEO Ryan Lance, via statement.
ConocoPhillips' market cap will
exceed $150 billion due to the deal.
As an independent producer, ConocoPhillips will now be on the same scale as some big-time players, CNBC reports.
For example, the company will become larger than BP but still be smaller than Shell, according to Andrew Dittmar, M&A analyst at Enverus.
For example, the company will become larger than BP but still be smaller than Shell, according to Andrew Dittmar, M&A analyst at Enverus.
While the deal is likely to face FTC scrutiny, the fact that Marathon's assets encompass multiple basins supports regulatory approval, Dittmar said. .
Once the deal is complete,
ConocoPhillips anticipates share buybacks worth $7 billion within the first year.
After three years, that number is
expected to grow to $20 billion.
ConocoPhillips' larger rivals,
Exxon Mobil and Chevron, announced
blockbuster deals as well last year.
ConocoPhillips' larger rivals,
Exxon Mobil and Chevron, announced
blockbuster deals as well last year
Credit: Wibbitz Top Stories Duration: 01:31Published
FTC to Decide , Whether Noncompete Agreements , Should Be Banned.
After receiving over 26,000 public comments about the issue, the Federal Trade Commission is set to deliver its verdict on April 30, NPR reports. .
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
Approximately one in five Americans, spanning minimum wage workers to CEOs, are subject to noncompete agreements, the FTC estimates. .
The Biden administration says that these types of agreements hurt workers by decreasing wages.
The White House also argues that these
agreements harm the U.S. economy because entrepreneurship isn't allowed to freely flourish. .
FTC Chair Lina M. Khan issued a statement when
the proposed ban was initially introduced.
The freedom to change jobs is
core to economic liberty and to
a competitive, thriving economy, FTC Chair Lina M. Khan, via statement.
Noncompetes block workers from
freely switching jobs, depriving
them of higher wages and better
working conditions, and depriving
businesses of a talent pool that
they need to build and expand, FTC Chair Lina M. Khan, via statement.
Businesses argue that noncompete agreements are essential for safeguarding investments and proprietary information.
Those businesses also question whether
the agency has the power "to regulate
such agreements," NPR reports. .
If the FTC votes to issue a final rule, enforcement wouldn't occur for 180 days,
and legal challenges would likely ensue.
Credit: Wibbitz Top Stories Duration: 01:31Published
Sony Names New PlayStation Co-CEOs , Following Jim Ryan’s Departure.
Beginning June 1, Hermen Hulst and Hideaki Nishino will lead PlayStation, The Verge reports.
Beginning June 1, Hermen Hulst and Hideaki Nishino will lead PlayStation, The Verge reports.
Hulst will oversee Sony Interactive Entertainment's (SIE) studio business group.
while Hideaki will helm
SIE's platform business group.
Both men will report to Hiroki Totoki,
Sony's CFO and SIE chairman.
Hulst's current role is PlayStation studios chief.
Nishino has held several positions
at Sony for over 20 years. .
PlayStation has never before had co-CEOs.
The announcement comes as 900 PlayStation employees were laid off earlier this year.
Last quarter, Sony lowered its
predictions for PS5 console sales. .
Earlier this year, Totoki discussed the
possibility of growing PlayStation
games outside of consoles.
In the past, we wanted to
popularize console... but
there is a synergy to it. , Hiroki Totoki, Sony's CFO and SIE chairman, via earnings call.
So if you have strong first-party content,
not only with our console but also other
platforms like computers, first-party can
be grown with multi platforms and that
can help operating profit to improve, Hiroki Totoki, Sony's CFO and SIE chairman, via earnings call
Credit: Wibbitz Top Stories Duration: 01:30Published
Donald Trump Wants , to End Taxes on Tips.
While speaking at a rally in Las Vegas on June 9,
Trump said the "first thing" he'll do if reelected president
is stop tips from being taxed, 'The Hill'..
Credit: Wibbitz Top Stories Duration: 01:31Published
President Joe Biden has two obstacles standing in the way of his reelection. His failure at the border, and the crippling inflation caused by his Bidenomics agenda. Inflation stood at 1.4% the month..
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