FOX BIZ2
SEE THREE 4 25
see lou dobbs
varney for earlier 819
see bartiromo
see renta payne lawrence jones
NO MERRI
SEE BEN STEIN AWARD ECON bs WRONG
constant shill for oil API
see kudlow moore
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hive of scum and villany on climate denial see API
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narvarro made up ron anagram, tossed under bus in 48 min recd?
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MMA
Fox Business guest calls for tariffs of 10 to 12%: “Everyone sort of pays a little bit more”
12/02/25
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MMA
Fox scrambles as Trump tariffs start to show up in prices and inflation accelerates
Written by Zachary Pleat
Published 07/15/25
Fox News is continuing its previous celebrations and defenses of President Donald Trump's destructive tariff impulses as evidence shows that prices are accelerating and a key inflation indicator jumped to its highest level in four months. Trump’s sycophants on Fox deny the tariffs have anything to do with the acceleration as his massive country-by-country tariffs are set to resume in just two weeks.
The June Consumer Price Index report, released July 15, showed that inflation increased at a monthly rate of 0.3% — well above the previous monthly rate of 0.1% in May — and increased at a 2.7% annual rate. According to CNBC, “the annual rate is the highest since February and still above the Federal Reserve’s 2% target.”
The report also noted that furniture and clothing prices increased last month, data points that economists have pointed out were likely impacted by Trump’s tariffs.
Ernie Tedeschi, the director of economics for Yale’s Budget Lab, explained: “The impact of tariffs is becoming more salient. Apparel, which had seen cool inflation the last 2 months, grew 0.4% in June. Household furnishings grew 1%. Video & audio electronics grew 1.1%.”
Center for Economic and Policy Research senior economist Dean Baker wrote, “Trump's Big Beautiful tariffs are showing up in the data. The index for household furnishing and supplies (appliances and other household goods) rose 1.0 percent in June.”
Bloomberg’s chief U.S. economist Anna Wong stated, “Clear signs that tariffs pass through to CPI has picked up in June.”
Harvard University professor and former Council of Economic Advisers Chair Jason Furman wrote: “You can see signs of tariffs in these numbers and that is only likely to grow.”
Meanwhile, Fox Business is denying that Trump’s tariffs are having any impact on price increases in its coverage of the inflation report. On Mornings with Maria, anchor Maria Bartiromo said, “You’ve got to look at this report as another victory for President Trump, who has focused on reigning in inflation, and that’s what we’re seeing from this report.” Former Trump CEA acting Chair Tomas Philipson responded, “What’s happening in this CPI has very little to do with tariffed markets, tariffed goods.”
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From the July 15, 2025, edition of Fox Business' Mornings with Maria
On Varney & Co., right-wing economist Art Laffer said tariffs are having “almost zero” impact on prices, and insisted that tariffs cause prices to decline rather than increase, citing the impact of the Smoot-Hawley tariffs enacted during the Great Depression. Laffer also argued that news reports explaining that Trump’s tariffs are contributing to accelerating inflation are wrong.
Fox’s praise for Trump amid an acceleration in the inflation rate stands in stark contrast to how the MAGA network covered inflation under former President Joe Biden, having specifically attacked the president over inflation even as it declined or remained flat.
Experts have long predicted that Trump’s agenda of universal tariffs and mass deportation would be inflationary, with 16 Nobel Prize-winning economists previously signing a letter warning that Trump would “reignite” inflation if he won the 2024 election. Indeed, the inflationary effect of Trump's tariffs may worsen as he continues threatening massive tariff increases on products from dozens of countries beginning August 1.
06/04/25 4:35 PM EDT
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04/14/25
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mma purple suit
May 5, 2025, edition of Fox News' Fox & Friends
BRIAN KILMEADE (CO-HOST): Let's just talk about student loans now. Your feeling about the repayments coming back and how it could really strap people.
CHARLES PAYNE (FOX BUSINESS HOST): I'm thrilled. It's — these are the most pampered, elitist -- this educated elite in this country have, I mean, they just, it's ridiculous. It's absolutely ridiculous. You know, the jobs report came out on Friday[ THEY GLOAT NOT AS BAD A PREDICTED BC OF TARIFF BS] . Alright, so unemployment for someone with a bachelor degree, the unemployment level is 2.5% percent. If you just have less than high school, it's 6%. If you have high school, it's 4%. Double the unemployment for high school grads. They make over a million dollars more in their lifetime. Their kids live in better neighborhoods. They don't face crime, poverty, worries, or concerns. Okay? There's 7.2 million job openings right now. Take one. Take one. Oh, wasn't what you studied for? Too bad. Take one. That's what the average person does. We have coddled these folks. We have — we have created a caste system in America. We have a caste system. We have put the elites above us, and we keep — how many people who have no money in the stock market, 'did you see the stock market under Trump?' You never cared about it before. You said it was for rich people. Why are you letting the elites dominate us? Why is a cab driver taking his tax money to pay your student loan? You're gonna — your kids are gonna have a better life than his kids. What the hell is wrong with this country? Pay your damn student loan. Bottom line, pay it.
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mma
Fox Business pushes “clean coal” and other energy falsehoods to rally behind Trump's so-called energy dominance plan
Jackie DeAngelis: “We’re looking at crude oil around $60 a barrel — that's another one of what I call one of the bright spots in the market that is essential to Donald Trump's overall strategy”
Special ProgramsClimate & Energy
Written by Allison Fisher
Published 04/11/25 mma
Fox Business’ The Big Money Show aired a segment purportedly on achieving American energy dominance in which the hosts used false narratives and missing context to cheerlead the president's actions on energy.
Airing on April 7, the segment came several days after oil prices plunged to the lowest level since the pandemic due to market fears of a global recession – and hours before Trump signed his executive orders aimed at boosting coal production.
Here are five things Fox Business got wrong (or omitted) about energy:
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Citation
From the April 8, 2025, edition of Fox Business' The Big Money Show
Coal is not clean, and programs that protect coal miners have been cut by DOGE
Host Jackie DeAngelis previewed Trump’s executive orders on coal by claiming that the U.S. has “some of the cleanest coal that there is in the world.”
Despite advances in technology, coal continues to have devastating health impacts on communities, including developmental delays in children, asthma, cancer, and premature death. In fact, in the U.S. alone, 460,000 deaths were attributed to coal plant pollution between 1999 and 2020. Meanwhile, the number of cases of black lung disease — which affects an estimated 16% of coal workers — has recently risen.
The number of operating coal plants has declined in the U.S. because of cheaper and clean options. According to a newanalysis from a nonpartisan energy/climate think tank, 99 percent of existing U.S. coal plants are more expensive to run than it would cost to replace them with local wind, solar, or energy storage resources.
And excluded from the discussion about Trump’s plans for coal is the fact that the entire unit of people working at the Coal Workers' Health Surveillance Program — a program of the Centers for Disease Control that coal miners are entitled to by law — were put on administrative leave on April 1 as part of the sweeping scheme to reduce the federal government.
Also part of the effort was the termination of “leases for three dozen offices in the Mine Safety and Health Administration, the agency responsible for enforcing mine safety laws.” As ABC reported: “Retired coal miner Stanley ‘Goose’ Stewart questions whether it's safe for anyone to work in the industry right now.”
Oil prices are down because of fear of a global recession — not because of Trump’s “drill, baby, drill” agenda
DeAngelis said “one of the bright spots in the market” is that crude oil currently costs “around $60 a barrel” and argued that plunging oil prices were “essential to Donald Trump's overall strategy” to bring down energy costs and increase “supply to meet future demand” for things like artificial intelligence and crypto mining.
While a steep drop in oil prices will eventually mean lower gas prices, those prices would come as a result of fears of a global recession that pushes demand for oil down, not because of an increased supply from U.S. producers.
On the contrary, oil and gas producers are already cutting back investments in drilling not only due to fear of a global slowdown but also because tariffs on production materials like steel are making drilling more expensive at the same time that oil is selling for less. As one producer explained to The New York Times:
“We’re going from ‘drill, baby, drill’ to ‘wait, baby, wait,’” said D. Kirk Edwards, chief executive of a small West Texas oil and gas producer that recently scrapped drilling plans because of higher steel costs. Steel tubing, valves and other components — which now face a 25 percent tariff — make up about 20 percent of the cost of a well, he said.
“You’re not going to go out and spend money to drill a well when your costs are higher because of steel and your product prices are dramatically lower,” Mr. Edwards said
And they are not alone. Industries that are driving “future demand” like AI are also cutting back. On April 6, Microsoft delayed indefinitely a $1 billion project to build three new data centers in Licking County, Ohio.
DeAngelis and the other hosts did not mention these critical details about what plunging oil prices would mean for U.S. oil and gas producers if they continue and how it would negatively impact Trump’s “drill, baby, drill” agenda.
On April 9, Trump paused some of his reciprocal tariffs. The New York Times reported that in response, oil prices bounced back to $62 a barrel but noted, “For now, many companies are waiting to see where prices settle before adjusting drilling or spending plans. As this week has demonstrated, commodity prices can be very volatile.”
The fracking industry has not delivered the jobs and prosperity it promised
Fox News contributor Deroy Murdock claimed that if environmentalists don’t like coal, they should embrace natural gas, because it produces half as much carbon dioxide as coal.
“Here in New York State we’ve got a lot of natural gas. … We won’t touch it,” he said. “The left in this state doesn’t want to do anything about it. It would be a very good way to get a lot of energy, create jobs, bring prosperity to an area that’s just sort of sitting there very quietly, and at the same time produce one half of the CO2 that coal does.”
Again, this fails to consider that even if those areas were open for fracking, they would likely go undeveloped because it is not profitable amid the current climate of uncertainty. Reviewing a recent fossil fuel industry survey, The New York Times reported:
Without clarity about long-term trade policies, operators said, it’s difficult to invest in facilities that may not be operational for years to come. “The administration’s chaos is a disaster for the commodity markets. ‘Drill, baby, drill’ is nothing short of a myth and populist rallying cry,” wrote one respondent from an exploration and production firm. “Tariff policy is impossible for us to predict and doesn’t have a clear goal. We want more stability.”
Murdock also erroneously suggested that fracking brings prosperity to the communities that sit atop shale gas deposits. In his example, Pennsylvania, the second largest natural gas-producing state in the U.S., jobs in the oil and gas industry account for less than 1% of all jobs in the state, and the industry continues to shed employees, in part because of automation. It also has failed to deliver the wealth promised to many communities burdened with fracking wells, while instead bringing health issues.
Meanwhile, “clean energy industries employ more than 8 times more PA workers than the state’s gas industry.”
Renewable energy accounted for 93% of new capacity last year and is creating hundreds of thousands of jobs
Fox contributor Brian Brenberg noted that “95% of the proposed energy projects” currently in development are “renewable projects,” but he attempted to dismiss this telling stat by claiming that “the time required to get those permitted and up in running has doubled since the year 2000.” Even if that is true, according to one fossil fuel trade paper, “renewable energy projects generally face shorter permitting periods compared to fossil fuel projects.”
He went on to suggest that politicians are promising coal miners green jobs that never materialize. In fact, clean energy technologies constituted93% of new energy generation capacity added to the grid last year alone, and the climate provisions in the Inflation Reduction Act“have spurred the highest levels of factory construction in American history, with more than 400,000 new jobs announced across the country.”
One of those projects, which broke ground in May 2023, is a facility that will manufacture energy storage batteries in Weirton, West Virginia – the state with the most coal-mining jobs in the U.S. According to Reuters, Breakthrough Energy Ventures “said the factory will begin making battery systems in 2024 and … create at least 750 jobs in the state, which has suffered for years from a lack of high paying jobs as coal production falters amid the energy transition.”
Trump is not pursuing an all-of-the-above energy strategy. He is relentlessly trying to kill clean energy development.
Murdock suggested that the push for coal — “burn, baby, burn” — along with Trump’s “drill, baby, drill” agenda are part of the “all-of-the-above approach to energy” to deal with “all this increased demand for electricity.”
Anchor Cheryl Casone suggested that Trump's energy strategy is about “hundreds of thousands of jobs,” claiming that “this is why President Trump has been so keyed into the energy infrastructure industry.” She also argued that the U.S. is going to “need all of the energy sources for AI data centers.”
The Trump administration approach is not encompassing “all energy sources.” It is actively rolling back clean energy, which is putting energy and manufacturing jobs at stake while jeopardizing U.S. leadership in clean energy development. And several new analyses say energy prices for Americans will rise and hundreds of thousands of jobs will be lost if Trump’s campaign promise to repeal the Inflation Reduction Act is achieved. For example, according to one report, repealing IRA incentives and program funding would cause the loss of more than 700,000 jobs throughout the country in 2030 (while also increasing cumulative household energy costs by $32 billion from 2025-2035).
Notably, as The Wall Street Journal reported, oil industry jobs are shrinking even in the best of times:
Falling prices put an additional squeeze on an already tight job market for petroleum engineers, geologists and drilling-rig hands. Recruiters say oil-industry workers are already having a tough time finding jobs after a series of layoffs in the wake of mergers and other cost-cutting moves.
Chevron said it planned to cut some 8,000 jobs globally by the end of 2026 in a bid to bring down structural costs, while Exxon Mobil and ConocoPhillips had previously said they plan to cut hundreds of jobs in the wake of their acquisitions of Pioneer Natural Resources and Marathon Oil.
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an 4 25
President Donald Trump is known for being a voracious consumer of Fox News and its sister channel Fox Business, keeping the right-wing cable news outlets on constantly whether he's inside the White House or at Mar-a-Lago. And according to according to Mediaite's David Gilmour, that habit may have inspired a major decision on a key economic policy.
As the stock market continued to plummet, Trump made a major announcement on Wednesday afternoon, April 9: He is pausing most non-China tariffs for 90 days. Stocks increased in value following the announcement, although a great deal of uncertainty and anxiety remains on Wall Street.
Earlier in the day, JPMorgan Chase CEO Jamie Dimon appeared on Fox Business and told host Maria Bartiromo that the United States would "probably" or "likely" go into a recession thanks to Trump's steep new tariffs. And according to Mediaite's David Gilmour, that interview "may have been the nudge" that Trump "needed to take the leap on his stunning tariffs pause."
READ MORE: GOP’s defense of 'Dear Leader' Trump’s 'idiocy' resembles famous suicide cult: analysis
Gilmour explains, "One source noted to the Wall Street Journal that while Dimon's appearance on 'Mornings With Maria' had been scheduled some time ago, the banker 'knew that Trump and his inner circle often watched Fox' and that his message would likely get through to them…. The point certainly registered with one viewer, the president, who apparently took note and directly cited Dimon’s interview with Bartiromo during a press gaggle at the White House on Wednesday afternoon, after announcing the tariffs pause."
Gilmour adds, "When a reporter asked whether it was changes in the bond markets that had persuaded him to 'reverse course,' Trump replied that he had noted on Tuesday that 'people were getting a little queasy.'"
The Mediaite journalist notes that another reporter asked Trump, "Mr. President, did anyone influence your decision? Did you speak with anyone you know? Jamie Dimon? Did you speak with anyone?'"
Trump responded, "I watched Jamie Dimon and Maria Bartiromo’s show this morning, and he was very good." And the "Dimon message," according to Gilmour, "may have nudged Trump to take the leap on a pause he claims he'd been considering for some days."
READ MORE:Donald Trump has an addiction: WSJ
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Benny Johnson calls Amy Coney Barrett a “repulsive lizard” and a “sick witch”
04/08/25 1:38 PM EDT
:{04/08/25
Fox Business host ridicules “Peter Navarro and his reciprocal trade–girl math that's kneecapping the United States”
Dagen McDowell: “The quicker that they get him off of TV and away from numbers, the better”
Written by Media Matters Staff
:{Published 04/08/25
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From the April 7, 2025, edition of Fox Business' The Bottom Line
DAGEN MCDOWELL (CO-HOST): To be clear, I am all-in on a fair, level trading field. I am all-in on level tariffs with all nations. But I am not all-in on Peter Navarro and his reciprocal trade–girl math that's kneecapping the United States, because the trade deficit is not a hallmark of all the cheating that goes on. And I go back to something he said last week, that "we have calculated the tariff rate required to eliminate the trade deficit."
The United States issues the world's reserve currency. You can't eliminate the trade deficit. The quicker that they get him off of TV and away from numbers, the better. And I'm not going to call it girl math anymore, I'm going to call it Navarro math.
JACKIE DEANGELIS (CO-HOST): I actually think they realize that. I think they realize Bessent should be the point person on this, and they're putting him out there. I think they're gonna pull back on Lutnick, I think they're gonna pull back on Navarro a little bit too. They need to get clear on their messaging and make sure there's no nuance in there.
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04/03/25 1:45 PM EDT
- ### Fox Business host says firing thousands of career civil servants will be “a renaissance in America”
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mma # After “disappointing” jobs report, Fox Business guest excitedly predicts future government job losses
Stephen Moore: “I guarantee you that number is going to be down next month, because we’re already seeing the Trump administration really shred jobs in the government sector.”
Written by Zachary Pleat
Published 02/07/25
After the jobs report for January 2025, the last jobs report of Joe Biden’s presidency, came in slightly below expectations, Heritage Foundation economist and Fox Business regular Stephen Moore singled out gains in government employment and promised that future reports would show losses for government jobs due to the Trump administration’s war against the federal workforce.
But what Moore failed to mention is that the federal workforce is only a small part of the government jobs sector. PolitiFact explained in 2011 that local government makes up about 2/3 of the government workforce, and state jobs about another quarter. That leaves the federal workforce as the smallest slice of the government jobs sector. (The breakdown last year was still roughly the same.)
Nobel Prize-winning economist Paul Krugman has also previously noted that “more than half of these state and local workers are in education, with much of the remaining employment in public safety (police and firefighting.) So the typical government employee isn’t a bureaucrat doing nothing; he or (often) she is a schoolteacher.”
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From the February 7, 2025, edition of Fox Business' Mornings with Maria Bartiromo
LAUREN SIMONETTI (FOX BUSINESS REPORTER): Total nonfarm payroll employment rose by 143,000 in January. So, that is shy of the estimate of 170,000. The unemployment rate edged lower, to 4.0%. Expectation was for it to remain flat at 4.1%. Job gains occurred in health care, in retail trade, and in social assistance. Employment declined in mining and the oil and gas extraction industries. So, disappointing on the top line number, you can — well, futures are now down further on this report; they had popped momentarily. Give me a second, guys, and I’ll get you where the jobs are, but that’s your headline number, is a disappointment.
CHERYL CASONE (FOX BUSINESS ANCHOR): Go ahead and keep digging in. I am seeing government jobs, guys, at 32,000. Of course, we never get an estimate for that, but Steve Moore, as you pointed, this is the last report under Bidenomics.
STEPHEN MOORE (HERITAGE FOUNDATION): Yeah. So, Cheryl was that plus 32,000 for government?
CASONE: Yeah, plus. No, it was plus. It was plus. All those new hires in the government.
[CROSSTALK]
MOORE: So here we go again. I'm going to make a guarantee to you. I guarantee you that number is going to be down next month, because we’re already seeing the Trump administration really shred jobs in the government sector. This is a disappointing report. It's probably one of the weakest reports we've seen in a long time.
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mma 1 25
January 31, 2025, edition of Fox News' America's Newsroom
LYDIA HU (FOX BUSINESS CORRESPONDENT): Excluding oil and energy products from these 25% tariffs that are possibly starting tomorrow would be really significant. Even though the United States is a leading producer of oil for the world, we also consume a lot, too. We produce roughly 13 million barrels of oil a day, but we consume closer to 19 to 20 million barrels. So that means we have to import oil, and where are we getting a lot of that? We're getting it from Canada, we're bringing in roughly bringing in 6 1/2 million barrels of oil, roughly 3.9 million barrels come from Canada. So if those 25% tariffs apply to that Canadian crude oil, we're getting the warnings that the consumer could bear the burden. Analysts with TD economics say it could lead to an immediate jump in U.S. gas prices by as much as 30-70 cents per gallon.
...
These tariffs are really wide reaching, they could include lumber, they could include agriculture, they could also include steel and auto parts. And auto parts is also an interesting point because the auto parts are so integrated in trade, they trade across the border seven to eight times before they're actually installed in a car. And there are economists that warn these tariffs could also raise the price of a car by maybe $3,000. So that's something else we're keeping an eye on.
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SEE OVERTIME
...MMA 9 24
....The Trump-aligned Project 2025, which was created to serve as the blueprint for his next presidential administration, also includes numerous proposals to further restrict overtime pay and protections for American workers.
Yet now Fox News is promoting his supposedly “pro-worker” announcement that he will move to eliminate taxes on overtime pay if reelected.
News organizations shouldn’t fall for Trump’s gimmick.
- ## Fox News hyped Trump’s announcement as “pro-worker”
- Fox contributor and former Trump Treasury official Monica Crowley on the proposal: “Very pro-worker, as Donald Trump has been throughout his political career, certainly as president.” Crowley continued: “You know, Donald Trump deserves a lot of credit for coming up with creative, innovative, out-of-the-box new policies like no tax on tips, no tax on Social Security benefits, and now no tax on overtime. It's all of a piece of a Trump pro-growth economic agenda that he put forward in the first term of tax cuts, regulatory relief, unleashing our great energy sector, and striking fair-trade deals for the American worker. He puts the forgotten men and women first. This is America first. It's all part of an Americans first policy, and he's going to do it again.” Fox News, *Jesse Watters Primetime*, [9/12/24]
- Project 2025 contributor and conservative economist Stephen Moore on Fox’s Hannity: “If you work extra hours, you're going to get a little bonus from Trump.” Moore added: “I had not heard about this policy, but I think it's kind of a neat policy. I think people are going to really like it.” Fox News, *Hannity*, [9/12/24; The Guardian, 2/29/24]
- Fox & Friends host Lawrence Jones said the policy will benefit “everyday people.” Co-host Ainsley Earhardt, introducing a discussion of Trump’s announcement, said: “Many of the people here at Fox work overtime. Many people in your industry work overtime.” Jones said, “He is baiting the Democrats right now. … They keep saying that he is for the billionaires class. That he is for the tax cuts for the rich. And every single time they do that he responds with policy that affects everyday people.” Fox News, *Fox & Friends*, [9/13/24]
- Fox Business host Taylor Riggs: “I think that this is … another good plan for him to really appeal to that blue collar worker.” Riggs added: “Less taxes is always good for everyone. Right? We already pay the government way too much money in wasteful spending that they use it on. … Overall I do think maybe it’s helpful for the worker.” Fox News, *Fox & Friends*, [9/13/24]
- :{Fox Business framed Trump’s announcement as a plan “to help ease the financial burden on working Americans.” :{Twitter/X:(style="background-color:#e0e000ff"):}:**, [9/13/24]}:
- ## As president, Trump moved to repeal and failed to defend a regulation that would have expanded overtime protections to more than 4 million workers
...
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Biden 'doubling down' in the face of 'absurdity' with latest climate push, expert says
Fox Business
Climate Depot executive editor Marc Morano reacts to comments from a Senate hearing on climate concerns and sounds off on the Biden ...
december 19, 2024
05:29
mclean va
foghorn
Biden ‘doubling down’ in the face of ‘absurdity’ with latest climate push, expert says
Climate Depot executive editor Marc Morano reacts to comments from a Senate hearing on climate concerns and sounds off on the Biden administration's latest climate push on 'The Bottom Line.'
nyt ben keys}:
ditch home; extremiest arent you? cli hypoc on blast hdline; cli obsession ethos; expose absurdity; wharton prof; un says exteme wether not increasing; own hse in flood zone; nyt long hist gone aftr home racism, cli emergency, houses more dang to cli than cars; doing all the things they twll us not to do giant homes oprah lame duck joe pedal to metal on his cli agenda; new emission targets; cuts GG 60 percent by 2035; gum up sys w new regs; very easy to undo; climate agenda hatyes us hates am way, 2x down in face of ... magical thinking paperwork climate agenda get us out of pais treaty by going to congress woman fatr based agenda, requruers their intervation; misnamed IRA is really the grn new deal; get rid of epa endangerment finding; day 1 reverse agancy pentagon abolish every cliate agy and goal do fast and rapid, do in 2 wks
dr_benjamin_jkeystestimonysenatebudgetcommittee
Testimony of Benjamin J. Keys, Ph.D. Rowan Family Foundation Professor, Professor of Real Estate and Finance,
The Wharton School, University of Pennsylvania Hearing
on “Next to the Fall: The Climate-Driven Insurance Crisis is Here – And Getting Worse”
United States Senate Committee on the Budget December 18, 2024 Chairman Whitehouse, Ranking Member Grassley, and Members of the Committee:
Thank you for inviting me back to address the turmoil in insurance markets, its connection to climate change, and its effect on housing, mortgages, and household well-being. My name is Ben Keys and I am a Professor of Real Estate and Finance at the University of Pennsylvania’s Wharton School.
My research agenda examines how households interact with the financial system and how the financial system manages risk. I first testified before this committee in March 2023. In the last year and a half, the situation in the homeowners insurance market has gone from bad to worse.
Both affordability and accessibility issues have reached a crisis point in many communities across the country. In terms of affordability, my new research with Professor Philip Mulder uses mortgage escrow data to build a dataset of 47 million homeowners insurance premiums from 2014 to 2023.
Our dataset shows rapidly increasing premiums across the country, but especially in the highest-risk areas.1 We attribute this increase to a combination of inflation and financial frictions associated with the pass-through of rising reinsurance costs to homeowners policies. Insurers are responding to larger realized disaster losses, better data and risk models, and growing reinsurance costs.2
While raising premiums is one margin of adjustment, insurers also change where they are willing to write policies. Some of the largest insurance companies have exited markets, deciding that they cannot charge premiums that adequately reflect this growing risk.3 While many of these high-profile departures have be...
off bs
Brian Brenberg joined FOX News Media as a contributor in 2020, providing financial commentary across the network’s platforms. He currently serves as co-host of FOX Business’ The Big Money Show (weekdays, 1 PM/ET) alongside Jackie DeAngelis and Taylor Riggs.
Throughout his tenure with the network, Brenberg has appeared on a number of programs, including FBN’s Mornings with Mariaand FOX Business Tonight, as well as FOX News Channel’s Outnumberedproviding financial commentary and analysis.
In addition to his role with the network, Brenberg also serves as an Executive Vice President and Chair of the Program in Business and Finance at The King’s College in New York City. Prior to joining the King’s faculty, he worked in the financial services and medical device industries, as well as public policy research and philanthropy.
Brenberg earned an MBA with distinction from Harvard Business School and an MPA from the Harvard Kennedy School.
"The Big Money Show" will offer breaking financial news and analysis as Brenberg, DeAngelis and Riggs bring a unique blend of knowledge on economics, markets, and policy.
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Jackie DeAngelis
Jackie DeAngelis joined the FOX Business Network (FBN) as a financial correspondent in April 2019. She currently serves as co-host of The Big Money Show (weekdays, 1 PM/ET) alongside Taylor Riggs and Brian Brenberg.
Most recently, DeAngelis has provided financial analysis and commentary across the FOX News Media platforms, including on FOX News Channel’s Outnumbered and FBN’s Varney & Co. In May 2019, she participated in FBN’s capitalism vs. socialism town hall where she presented a special five-day segment series on the growing economic debate between the two contrasting ideologies surrounding the event. In August 2020, she conducted an interview with U.S. Commerce Secretary Wilbur Ross.
Prior to joining FBN, DeAngelis spent 13 years at CNBC where she was the network’s chief energy correspondent as well as the anchor of online commodities program, Futures Now. Throughout her tenure, DeAngelis contributed market reports across CNBC’s daily programming as well as covered the economic impact of events such as Hurricane Irma, Hurricane Harvey and the Dakota Access Pipeline protests. From 2010 to 2011, DeAngelis was stationed in the Middle East where she interviewed business titans like, OPEC Secretary General Abdalla El-Badri and Saudi Arabian Finance Minister Ibrahi Al-Assaf for CNBC International.
Earlier in her career, DeAngelis served as CNBC’s Director of Strategic Programming and Development where her Investing in America: A CNBC Town Hall Event with President Obama special was nominated for an Emmy Award. In this capacity, she also produced various network exclusives featuring industry titans including Berkshire Hathaway Chairman and CEO Warren Buffett, former Treasury Secretary Timothy Geithner and President Bill Clinton, among others.
In December 2018, DeAngelis left CNBC for Yahoo Finance where she served as the anchor of the midday program The Ticker. In this role, DeAngelis broke down the top financial stories driving the day while also conducting interviews with business leaders and industry experts including U.S. Shell President Gretchen Watkins and JPMorgan Chief Economist Anthony Chan.
A Cum Laude graduate of Cornell University with a Bachelor of Arts degree in Asian studies and history, DeAngelis also holds a Juris Doctor from Rutgers School of Law. She got her start in business as a technology analyst for Oaktree Capital Management where she identified investment opportunities in emerging markets. She is fluent in both Mandarin and Farsi.
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Taylor Riggs joined the FOX Business Network (FBN) in December 2022 and currently serves as co-host of The Big Money Show (weekdays, 1 PM/ET) alongside Jackie DeAngelis and Brian Brenberg.
Prior to joining FBN, Riggs spent nine years at Bloomberg News where she co-anchored a daily program on Bloomberg Television, covering equities, bonds, currencies and commodities. In addition, she led Bloomberg’s cross-asset market coverage and as a municipal bond reporter.
Earlier in her career, Riggs was a markets reporter for The Bond Buyer covering municipal bond buy-side investors and sell-side analysts.
A graduate of New York University with a Bachelor of Arts degree in Journalism and Communication Studies, Riggs also earned her Master's in Finance at Johns Hopkins University’s Carey Business School and is currently a Juris Doctor candidate at New York Law School. Notably, she completed her Chartered Financial Analyst (CFA) level 1 (2015), level 2 (2017), and level 3 (2018).
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Wright on! Trump's Energy secretary to lead an American energy U-Turn - Circleville Herald
Circleville Herald
(The Center Square) — The United States is about to witness a complete energy reversal. If the selection of his new Energy secretary is any ...
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'Trump effect' undermines U.N. climate summit - Higher Ground Times
Washington Times
The 2024 U.N. Climate Change Conference in Baku, Azerbaijan, recently wrapped up. The summit can be summed up in one phrase: The orange man ...
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MMA
Fox News is the loudest voice in media promoting trickle-down economics
Fox News personalities were the only prominent proponents of trickle-down policies in the second quarter of the year
Written by Craig Harrington
Research contributions from Zachary Pleat
Published 10/28/24
Nearly a quarter of Fox News’ prime-time economic news coverage in the second quarter of 2024 espoused or promoted so-called “trickle-down” economic theory, a discredited economic model that advocates for reduced tax and regulatory burdens at the upper end of the income, wealth, or profit spectrum in order to induce economic growth. A Media Matters analysis of three months of economic news coverage from April through June 2024 from broadcast evening and prime-time cable programs revealed that Fox News was by far the leading vector by which trickle-down talking points were injected into the news ecosystem.
- ## Fox News' trickle-down crusade
- Fox News aired nearly as many economic news segments espousing trickle-down economic theory (16 of 66 total segments) as CNN aired total economic news segments (22) during the second quarter of this year — the latter cable network largely having abdicated its responsibility to cover the economy in prime-time. None of MSNBC’s qualifying coverage (54 total segments) was found to promote trickle-down economic theory.
In addition to advocating, in essence, that society should prioritize the top of the income, wealth, and profit spectrum in order to induce broader economic benefits that supposedly “trickle-down” to the rest of the economy, Fox's trickle-down proponents often also argued that fewer benefits should be provided to those at the bottom, inverting the logical fallacy at the center of trickle-down theory.
Of Fox’s segments espousing trickle-down, 12 included discussion of tax policy, and 12 also covered inflation. Wages were discussed in 10 of these segments. The following chart shows the economic topics Fox personalities were discussing when they espoused trickle-down economics.
The leading trickle-down misinformer in Fox’s prime-time lineup was frequent guest, Fox Business host, and former Trump administration official Larry Kudlow, who peddled trickle-down theory while slamming the economic agenda of the Biden-Harris administration and puffing up the accomplishments (and future promises) of disgraced former President Donald Trump.
During the 4 appearances in which he peddled trickle-down economics during the second quarter — Kudlow was the only guest to appear more than once in a segment identified as promoting trickle-down economics — he fearmongered about how future tax increases on the wealthy could undermine job creation and slow down economic growth and warned that increasing government spending would imperil the economy.
Fox News and Fox Business personalities Brian Brenberg and David Asman, Fox News host and former Republican Gov. Mike Huckabee, celebrity chef Andrew Gruel, South Carolina Republican Sen. Tim Scott, and Republican Speaker of the House Mike Johnson were among the other prime-time Fox News guests who peddled trickle-down talking points during the second quarter, warning about looming tax increases, clamoring for renewed income tax cuts from a second Trump administration, or warning about the supposed threat posed by stricter government regulations or elevated minimum wages.
Media Matters identified multiple instances in which Fox's prime-time hosts themselves served as the vector peddling trickle down.
Fox prime-time star and informal Trump adviser Sean Hannity led the way with 4 instances of him promoting trickle-down talking points, followed by one instance apiece from hosts Jesse Watters and Greg Gutfeld....
aha if # good there must be a problem with them
fox business guest and Project 2025 contributor Stephen Moore dabbles with conspiracy theory that monthly jobs reports are artificially inflated 09/06/24 mma
https://www.mediamatters.org/stephen-moore/fox-business-guest-and-project-2025-contributor-stephen-moore-dabbles-conspiracy)
September 6, 2024, edition of Fox Business' *Mornings with Maria Bartiromo
STEPHEN MOORE (PROJECT 2025 CONTRIBUTOR): If you look at the revisions, remember, they had to revise by 800,000 jobs that they have previously reported existed that didn't exist. Remember, that came out about a week or two ago. But then I looked at the revisions that have happened every month for the last 14 months. The Bureau of Labor Statistics has now overestimated job creation from the initial reports by over 400,000 jobs. These errors are not random when you have like 11 of the last 13 months that have been overestimates. So again, what was the number we just saw, something like, what was it, for this month and the previous month, another 80,000 reduction in the number of jobs we thought we had. Something is wrong with the way they’re creating – they’re counting employment. And if you add these two things together, you know, they’ve overestimated job growth by about 1.2-1.3 million jobs.
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Fox News panel slams the Inflation Reduction Act with data that’s 2 years out of date
09/06/24 mma
Fox News panel slams the Inflation Reduction Act with data that’s 2 years out of date
Perhaps the team at Fox simply forgot what year it is?
Written by Craig Harrington
Research contributions from Zachary Pleat
Published 09/06/24
All five of the co-hosts of Fox News’ midday program Outnumbered got in on the action Friday of taking shots at one of the Biden-Harris administration’s signature legislative accomplishments: the Inflation Reduction Act.
In their criticisms of the law they seemed completely unaware of the dramatic reduction of inflation that has occurred over the past two years, and they dishonestly characterized the bill as a sort of Trojan horse for major climate legislation.
On the September 6 edition of Fox News’ Outnumbered, co-host and former Trump press secretary Kayleigh McEnany introduced the segment by slamming President Joe Biden for “admitting” that the Inflation Reduction Act “wasn't about inflation; it was really about his climate agenda.”
As the segment progressed, all of the co-hosts took turns deriding the “Inflation Explosion Act” for supposedly resulting in increased inflation and mocking President Joe Biden for his purported recent admission that the IRA was actually just a version of the Green New Deal.
Fox News’ production team also paired the segment with a misleading on-screen graphic criticizing Biden for annualized inflation rising from 1.4% before he took office to 9.1% in June 2022.
Video
CitationFrom the September 6, 2024, edition of Fox News' Outnumbered
Both of Fox’s lines of attack are deeply misleading.
First, the Inflation Reduction Act is not simply a rebrand of the Green New Deal. Fox has been lying about this for years, and it has never been true.
The Biden administration has also not been secretive about the historic climate provisions included in the bill. As the bill was being negotiated in July 2022, The Washington Post touted that its provisions included “the nation’s biggest-ever climate bill.” CNN likewise described the law as “the largest climate investment in US history, and by far the biggest legislative win for the environmental movement since the Clean Air Act.” Last August, the White House marked the first anniversary of the passage of the IRA by releasing a fact sheet boasting that the IRA “is the most ambitious investment in combating the climate crisis in world history.”
Second, the inflationary peak the Fox personalities claimed to be so upset about occurred more than two years ago. The Inflation Reduction Act was negotiated in Congress and enacted into law amid that inflationary peak.
The IRA was enacted in August 2022 and, since it went into effect, all traditional measurements of inflation have improved considerably –– a fact McEnany glossed over.
Fox viewers were shown this graphic, which included only January 2021 (when the economy was still largely dampened by COVID) and June 2022 (peak of inflation). Fox could have easily shown its viewers more recent data, demonstrating that inflation has been stable for over a year and is now only slightly higher than pre-pandemic levels:
Fox personality Lisa Kennedy Montgomery slammed the administration, saying that working families “haven’t gotten a raise” and that the price of eggs has risen to “$10 a dozen,” but those statements are simply false.
In reality, average hourly wages are up, wage growth has outpaced inflation since May 2023, and the average egg price is $3 per dozen nationwide. Even with inflation, an analysis from the Center for American Progress shows that wage increases had surpassed price increases by November 2023.
related
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mma
Fox falsely linked Harris and Walz to socialism or communism over 460 times in just 50 days
Fox News and Fox Business figures have repeatedly and falsely linked VP Harris and Minnesota Gov. Walz to socialism and outright communism
Written by Harrison Ray
Research contributions from Tyler Monroe
Published 09/12/24 mma
- Fox News and Fox Business have falsely linked Vice President Kamala Harris, Gov. Tim Walz, their campaign, or their policies to socialism, communism, or Marxism at least 466 times since July 23, the day after Harris became the Democratic Party’s presumptive nominee.
The obvious smears have been repeatedly debunked.
The attacks extended to Walz when Harris selected him as her running mate, with Fox connecting him to China to claim he’s a communist candidate. And the attacks ramped up significantly following an economic policy speech from Harris, with Fox repeatedly mischaracterizing her proposals.
- Fox News accounted for 263 of the claims while Fox Business accounted for 203.
Fox networks' hosts and anchors most often pushed the claims of socialism, led by Maria Bartiromo (32 claims), Sean Hannity (31), Elizabeth MacDonald (20), Larry Kudlow (19), Jesse Watters (17), and Stuart Varney (15).
Mornings with Maria Bartiromo (63) had the most claims of any individual program over the period, with Hannity (49), Kudlow (44), and The Evening Edit (40) close behind. Many of Fox News' so-called “news” programs also repeated the ginned up attack, with at least 52 claims over the period.
Fox News and Fox Business parroted the narrative on 49 of the 50 days reviewed by Media Matters.
- Fox's smears of Harris and her campaign ran the gamut, from comparing her to Fidel Castro and the Sandinistas to calling her a “dangerous Marxist,” and even absurdly proclaiming that “these two economically frankly illiterate radicals with a penchant for literal communism are promising to drive our economy right off the cliff.”
Former President Donald Trump repeated Fox's fabricated narrative during the September 10 presidential debate, falsely insisting, “She's a Marxist. Everybody knows she's a Marxist.”
- ## Methodology....
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mma
Conservative economic commentators have been “sanewashing” Trump’s incoherent tariff proposals
After economists explained Trump’s tariff ideas would raise inflation and cost families thousands annually, Trump’s allies began claiming it has always been a bluff
Written by Zachary Pleat
Published 09/12/24
Following the example of mainstream news organizations covering for Republican presidential nominee Donald Trump’s incoherent policy proposals, conservative economic commentators have spent the past week “sanewashing” Trump’s calls to drastically raise tariffs — potentially up to 100% in some cases — to do everything from replacing income taxes and combating China to reviving American jobs, funding universal child care programs, and even financing a sovereign wealth fund.
All of this follows months of economists warning that Trump’s tariff proposals (which functionally amount to tax and price increases) would hike inflation and costs for American families by thousands of dollars a year.
- ## Trump has offered multiple delusional tariff proposals, including using them to replace income taxes and pay for child care
- In August 2023, Trump called for a 10% universal tariff on all imports. Tax Foundation, [8/25/23]
- In January 2024, Trump proposed 60% tariffs on all Chinese imports. Tax Foundation, [1/29/24]
- In March, Trump called for a “100 percent tariff on every single car” from Chinese companies imported into the United States from Mexico. Tax Policy Center, [3/28/24]
- During a June meeting with Republican lawmakers, Trump reportedly floated a proposal to replace income taxes with tariffs. GOP attendees later confirmed that Trump had proposed using tariffs to cut or even replace income taxes. Tax and economic policy experts from across the political spectrum criticized Trump's proposal, which could severely disrupt international commerce and the domestic economy while supplanting the United States' existing system of progressive income taxation with regressive consumption taxes. Media Matters, [6/17/24]
- In August 2024, Trump increased his proposed 10% tariff to a 20% universal tariff. USA Today, [8/15/24]
- Days before the September presidential debate, Trump called for a 100% tariff on any country that is “leaving the dollar.” During a Wisconsin rally, Trump said: “Many countries are leaving the dollar. They not going to leave the dollar with me. I’ll say, you leave the dollar, you’re not doing business with the United States because we’re going to put 100% tariff on your goods.” CNBC, [9/9/24]
- Trump also variously claimed in recent weeks that his tariffs “will help pay for child care, combat inflation, [and] finance a U.S. sovereign wealth fund.” The New York Times, [9/10/24]
- ## Economists have said Trump’s tariff proposals are inflationary and would raise costs for middle-class families by thousands every year
- Per reporting from The Washington Post, former chief economist for the Trump administration's Council of Economic Advisers Casey B. Mulligan “estimated in an interview that Trump’s 10 percent import tariff proposal would add an extra percentage point to inflation, or a quarter percent a year if spread out over four years.” The Washington Post, [1/7/24]
- Center for Economic and Policy Research senior economist Dean Baker: “Trump is promising massive tax increases in the form of tariffs, which will send inflation soaring if he carries through with them.” Twitter/X, [3/2/24]
- A Peterson Institute for International Economics study “calculated that Trump’s tariffs would raise prices for consumers on the goods they purchase by at least $500 billion a year, or about $1,700 annually for a middle-income family.” In an interview with The Atlantic, one of the study’s co-authors, UCLA Law School tax policy professor Kimberly Clausing said that “Trump is promising a no-holds-barred, all-out protectionist spree that will affect every single thing that people buy that is either an import or in competition with imports.” The Atlantic, [6/2/24]
- Bloomberg Economics: New tariffs pledged by Trump, including a 60% tariff on all imports from China, would nearly double the projected inflation rate in 2025. Bloomberg reported that “the Bloomberg Economics model shows the proposal sending the core personal consumption expenditures price index, the Fed’s preferred gauge of prices, up to 3.7% by the end of next year, well above policymakers’ 2% target. Economists surveyed by Bloomberg, on average, expect 2.1% inflation in 2025.” Bloomberg, [4/2/24]
- The Center for American Progress estimated that Trump’s universal tariff increase to 20% would constitute “an up to $3,900 tax increase for a typical family.” Center for American Progress, [8/15/24]
- ## Multiple conservative economic commentators have “sanewashed” Trump’s extremist tariff proposals as merely a negotiating ploy
- CNBC’s Rick Santelli: “You know how I feel about [Trump’s] tariffs? It’s a bargaining chip.” Santelli then defended the reality that Trump’s extreme tariffs would increase prices, shouting: “Prices are going up no matter what.” CNBC, *Squawk Box*, [9/11/24]
- Fox Business senior correspondent Charles Gasparino: “I'm actually shocked by the tariffs in the @realDonaldTrump economic plan--10% across the board, 60% on Chinese goods,” but “with Trump, its also likely to be a negotiating point.” Twitter/X, [9/4/24]
- Gasparino, just prior to a Trump speech at The Economic Club of New York: “I bet you he’ll say” his tariffs proposal “is a negotiating position.” Fox Business, *Cavuto: Coast to Coast*, [9/5/24]
- Gasparino: “Tariffs are, essentially, in Trumponomics, in MAGA economics, a sort of negotiating ploy to get better trade deals. So the tariffs could come off.” Gasparino also stated, “If you really listen to Trump, he’s not like, I’m just going to keep the tariffs on.” Fox Business, *The Claman Countdown*, [9/6/24]
* Former Trump Secretary of Commerce Wilbur Ross on CNBC’s Squawk Box: “You have to remember, Donald Trump occasionally speaks in metaphors.” Ross elaborated on his claim that Trump is bluffing about his extremist tariff proposals: “When he talks about gigantic tariffs, which he did before the first administration as well, what he really means is, ‘I’m going to be very tough on the foreign companies. I’m going to be very tough on their subsidized exports.’ You shouldn’t take it all that literally because he likes to use slogans, as do all politicians, that convey a message. And talking about gigantic tariffs on everything sends a message.” CNBC, *Squawk Box*, [9/10/24]
Fox business host and former Trump economic adviser Larry Kudlow on Trump’s tariff policies: “He’s a consummate negotiator.” Kudlow continued: “I’m sitting there listening to this speech thinking to myself, he's negotiating right now. He's starting his negotiations right now. I don't know if he's going to win. I think he's going to win. I mean, I think his polls are the best polls he's ever had at this stage of the game. He's already negotiating. That's the way I read this.” Fox Business, *Kudlow*, [9/5/24]
- Fox Business host Taylor Riggs: Trump says “smart tariffs don’t create inflation. Smart tariffs can be used to negotiate.” Fox Business, *The Big Money Show*, [9/5/24]
===
mma
Trump campaign echoes right-wing media’s lies about an EV mandate
Special ProgramsClimate & Energy
Written by Ilana Berger
Published 09/10/24
- The Biden administration is cutting car pollution and incentivizing automakers to produce electric vehicles. Right-wing media repeatedly misconstrued these efforts, falsely claiming they were attempting to take away voters’ gas-powered cars or forcing them to buy electric vehicles. No such federal mandate exists. Yet now the Trump-Vance campaign has adopted this false claim.
- ## Harris has supported efforts to expand access to electric vehicles during her time as vice president, but that did not include a federal mandate
- The EPA finalized a tailpipe emissions rule in March, but it was not a mandate.In March, the EPA established tailpipe emissions standards for the auto industry in a bid to slash greenhouse gas emissions. According to NPR, “The EPA rules are not written as an EV mandate or a ban on the sale of gas cars. … Instead, the EPA sets standards that apply across an entire fleet – meaning an automaker still can make vehicles with higher emissions, as long as they also make enough very low or zero-emission vehicles that it averages out.” NPR, [3/20/24]
- E&E News clarified that “there is no EV ‘mandate’ from the administration, although President Joe Biden and Vice President Harris have backed a series of climate policies that seek to incentivize the production and purchasing of EVs.” E&E News, [9/3/24]
- The New York Times also wrote of the EPA rule that it “does not mandate sales of electric vehicles, and consumers can still buy and drive gas-powered cars.” The New York Times, [3/20/24]
- The Inflation Reduction Act allocated billions toward supporting the adoption of EVs through tax credits, loans, and funding for charging networks, critical minerals, and battery manufacturing. Harris cast the tie-breaking vote that passed the Inflation Reduction Act, which created $47 billion in EV investment on top of tax credits and loans. Atlas EV Hub, [9/2/22; accessed 9/6/22; Twitter/X, 8/7/24]
- Harris also oversaw parts of the Infrastructure Investment and Jobs Act that distributed funding to school districts for electric buses and to states for EV charging stations.The act, also known as the Bipartisan Infrastructure Law, provided $7.5 billion to build a network of charging stations, and $900 million of that went to the electric school bus initiative. AP News, [12/13/21; Spectrum News, 5/29/24]
- ## Right-wing media falsely claim that the Biden-Harris administration has already implemented an EV mandate
- Former Texas Gov. Rick Perry and Fox contributor Tammy Bruce claimed that “the EV mandate” is an example of Harris “moving money into these Green New Deal projects.” On The Evening Edit, Bruce said that Harris admitted during her CNN interview that “the Inflation Reduction Act was about moving money into those, that New Green Deal projects.” “Yeah, and that’s what this administration is all about … pushing money into these programs. The EV mandate’s a great example of it,” said Perry. Fox Business, *The Evening Edit*, [8/30/24]
- On Newsmax’s American Agenda, right-wing commentator Tom Del Beccaro said, “Michigan really should be easy for Trump at this point. They — Kamala put in the EV mandates. She’ll do it again, and the EV mandates have been a disaster.”Newsmax, *American Agenda*, [8/29/24]
- The Washington Examiner falsely characterized tax credits in the IRA as an “EV mandate.” “Kamala Harris’ EV mandate costs taxpayers $7,500 and Ford $44,000 per car,” the article said. “Kamala Harris has debuted yet another 180-degree policy reversal via press release,” the article said. The Washington Examiner, [8/28/24]
- Fox host Sean Hannity called the EPA rule a “ban” and claimed that the administration is “finding any way they can to trick you, the American people, into supporting something that many Americans don't want.” Fox contributor Ari Fleischer, former White House press secretary under George W. Bush, said, “I think all of us want to do something about carbon emissions, etc., but the best way to do it is not through command and control mandates that will not work.” Fox News, *Hannity*, [3/20/24]
- ## After a Harris campaign official said Harris does not support an EV mandate, right-wing media insisted that she could not change, or has not changed, her position on the issue
- In August, Harris’ director of rapid response, Ammar Moussa, wrote in an email to supporters that “Vice President Harris does not support an electric vehicle mandate.” The Hill, [8/29/24]
- On Hannity, Fox host Jeanine Pirro said that Harris “can’t say she is against the EV mandate when she is the one who, I believe, sponsored the bill. And in addition to that, the bill had times built in where, after 2030 you had to have only 50 percent of the cars could be fossil fuel or gas-fueled, and by 2040-45 -- I mean, these are not flip-flops, Joe. These are lies."Fox News, *Hannity*, [8/29/24]
- On The Faulkner Focus, Fox News contributor Steve Hilton claimed that Harris “does want to take away your car.” Hilton said, “They claim that it’s not a mandate because it’s not mandating what you buy, it only mandates what can be sold. As if there is a difference between those two things. … As far as it stands today, Kamala Harris does want to take away your car, she does want to take away your truck.” Fox News, *The Faulkner Focus*, [8/28/24]
- ## Former President Trump and his running mate JD Vance have adopted the false right-wing media claim that there is a federal EV mandate and that it is negatively impacting voters
- At an August 8 press conference at Trump’s Mar-a-Lago club in Palm Beach, Florida, Trump said that if Harris becomes president, “everybody’s going to be forced to buy an electric car, which they're not going to do, because they don't want that. People want gasoline-propelled cars. They want hybrids. They want to have everything, and they want electric.” Politico, [8/8/24]
- In March, when the Biden administration finalized a new Environmental Protection Agency rule that set strict limits on pollution from new gas-powered cars, Trump campaign national press secretary Karoline Leavitt called the move a “job-killing electric vehicle mandate at the federal level.”FoxNews.com, [3/28/24]
- Trump’s official campaign account posted on X: “Crooked Joe Biden’s INSANE and RADICAL EV mandates will BAN your gasoline-powered vehicles and force you to buy expensive and unreliable electric vehicles. President Trump will always protect your FREEDOM to drive what you want!”Twitter/X, [3/20/24]
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On Facebook, content trashing electric vehicles reliably draws engagement
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mma
08/30/24
Right-wing media claimed a downward jobs revision indicated recession. A new GDP revision shows the economy actually grew more than expected.
Right-wing media have been quick to catastrophize every hiccup in the economy this election cycle, ignoring many of the facts
Written by Zachary Pleat
Published 08/30/24
After the Bureau of Labor Statistics released a report on August 21 showing that 818,000 fewer jobs than initially estimated were created between March 2023-March 2024, right-wing media falsely claimed this report showed that the U.S. is in recession. Fox Business was particularly loud in proclaiming the downward jobs revision was a recession indicator.
However, an August 29 release from the Bureau of Economic Analysis showed that the real gross domestic product (GDP) of the U.S. increased at a 3% rate in the second quarter of this year, an upward revision from an initial estimate of 2.8% and more than double the first quarter GDP growth of 1.4%.
Although it’s not the official definition, recession is generally understood to begin after two consecutive quarters of negative economic growth. Economists take a more holistic approach to determining when the economy is in recession. Given the positive GDP growth over the last two quarters, even this oversimplified yardstick did not indicate the U.S. economy was in recession, and these revised BEA numbers are further proof of the current strength of the economy.
Discussing his analysis of the new BEA release, Bobby Kogan, the Center for American Progress senior director of federal budget policy, gave context on just how strong this data shows the U.S. economy is:
In a separate post, Kogan noted that the “US GDP growth has outpaced all other G7 nations” and “wages at the bottom rose so much, income inequality is down, undoing 1/3 of its growth since Reagan.” Ernie Tedeschi, economic director of Yale’s Budget Lab, also noted that “3% is a very good number.”
These facts did not deter right-wing media however — misleading economic doomsaying about the BLS report from Fox News and others is the latest in a series of false attacks on the economy this year.
Right-wing media falsely claimed the downward jobs revision meant the U.S. is in recession
* Daily Caller cited a Heritage Foundation economist to claim the BLS report shows a “recession may have already begun.” E.J. Antoni told the Daily Caller, “Wall Street is increasingly waking up to the fact that the economy post-covid has never been as good as the government bean counters claimed, and a recession may have already begun. These revisions are a violent shove in the direction of reality.” The Heritage Foundation is the leading organization behind Project 2025. Daily Caller, [8/21/24; Media Matters, accessed 8/30/24]
- Trump economic adviser Kevin Hassett on Fox Business: “What we found out today, in the revisions for the payroll numbers is that we're probably already in a recession.” Fox Business, *Kudlow*, [8/21/24]
*:{ Fox Business host Larry Kudlow cited Hassett to say “we could be on the front end of a recession” because of the BLS revision. Fox Business, *Kudlow*:(style="background-color:#ffbb16"):}:, [8/22/24]
- Fox Business anchor Dagen McDowell also cited Hassett to claim, “This proves right now that, in essence … that the United States is now in a recession.” Fox News, *The Ingraham Angle*, [8/21/24]
Fox News host Jesse Watters and Fox Business host Stuart Varney used the BLS report to claim the economy is in bad shape. Watters said, “The economy’s check engine light has been blinking for three years and Biden and Harris have been ignoring it. They say the economy is great. Just look at the job numbers. Well we did, and they disappeared.” Varney chimed in: “It’s going to be interesting to see how Kamala pivots on this. How do you reverse the idea — oh, we have got a great booming economy, but you don't. … How is she going to pivot with these lousy jobs numbers?” Fox News, *Jesse Watters Primetime*, [8/21/24]
- Fox Business anchor David Asman: Jobs numbers revision shows “a real, genuine slowdown we’re in the midst of right now.” Fox Business, *Kudlow*, [8/20/24]
This follows many other false right-wing media attacks on the Biden-Harris economy
- MAGA media also responded to the BLS revision of jobs numbers with conspiracy theories that the administration is “cooking the books” and that it constitutes “election interference.” In reality, this revision is routine and occurs every year as “a more accurate but less timely data source” that “covers nearly all US jobs” becomes available. Additionally, the same BLS published negative revisions during the Trump administration, including -501,000 in 2019. In 2022, the BLS revision actually revealed that the government had significantly undercounted job growth. Media Matters, [8/21/24]
- Trump and his MAGA media boosters tried to blame Vice President Kamala Harris for a temporary drop in the stock market. Financial news outlets report that the sell off occurred in response to a weaker than expected jobs report, which economists blamed on the Federal Reserve. Additionally, the stock market began its recovery the next day, and a week later, was above the value before the sell off. Media Matters, [8/5/24, 8/14/24]
- Pro-Trump media bizarrely placed blame on Harris for a weaker than expected July jobs report. Economists explained that while the overall economy is still strong, the July jobs report indicated that the Federal Reserve has lagged in cutting interest rates, which remained unchanged after the Federal Open Market Committee met in late July. Indeed, later in August, Fed chairman Jerome Powell indicated that the “time has come” for interest rate cuts. Media Matters, [8/2/24, 8/28/24]
* Fox News attacked a blockbuster inflation report that showed the first decline in prices since May 2020. Media Matters, [7/11/24; Market Watch, 7/11/24]
- Right-wing media reacted to the blowout May jobs report with nativism and related conspiracy theorizing. Following the June 7 release of the latest federal jobs report — which showed that employment increased by 272,000 jobs in May, far more than the expectations of 180,000 jobs — many right-wing commentators responded by denouncing the job creation witnessed during the Biden administration for mostly going to “foreign-born workers” versus “native-born.” However, this charge is misleading; nearly half of “foreign-born workers” are already American citizens, while millions more are lawful permanent residents who legally work in the United States. Right-wing media pushed similar talking points in February, citing an anti-immigrant hate group. Media Matters, [6/10/24, 2/20/24]
- A Fox segment called the April inflation report, which cooled slightly from the previous month and was in line with expectations, a “nasty report” that’s “not good.” Media Matters, [5/15/24]
- Fox also repeatedly attacked the Biden-Harris administration over grocery prices even as they remained flat. Media Matters, [4/11/24, 3/12/24]
mma 7 24
BARTIROMO (HOST): The GDP at 2.8%, you have to believe we're going to see a revision there, right?
REBECCA WALSER (GUEST): Yes. [LAUGHTER]
BARTIROMO: Is that what you were going to say? Are we going to see a revision on second quarter GDP, Rebecca?
WALSER:I've seen the most optimistic, fairy-tale numbers I've ever seen in my life in this. I just don't understand. Come on, we are not going at 2.8% annualized, that's not hhappening. And this is going to be revised downward. I mean, what is bringing it up so much, Cheryl? Why is it 2.8? What is bringing this number so high unexpectedly, when durable goods are down 6.6? No, I'm sorry, I have to look at that.
===
same bs gmail 624
Germans Could Soon Only Be Allowed to Drive On Weekdays | NewsRadio 740 KTRH
NewsRadio 740 KTRH
Marc Morano with the Climate Depot told KTRH, "It's actually in line with everything that's been happening. It's in line with the net zero agenda ...
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Is climate change to blame for flight turbulence? | Fox Business Video
Fox Business
ClimateDepot.com executive editor Marc Morano unpacks Secretary of Transportation Pete Buttigieg's climate change claims on 'The Bottom Line.'
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Daily on Energy: Center-right group says time isn't right for a carbon tax
Washington Examiner
Marc Morano, a critic of the U.N. and founder of Climate Depot, was asked twice to direct his comments to the chairman and not fellow panelists at ...
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MMA 5 24
Fox Business host pushes conspiracy theory that energy efficiency standards are intended to end private home ownership
Fox & Friends neglected to inform its audience that the new standard would save homeowners nearly $1,000 per year on energy costs
Special PROGRAMSCLIMATE & ENERGY
WRITTEN BY ZACHARY PLEAT
PUBLISHED 05/30/24
On the May 30 edition of Fox & Friends, co-host Steve Doocy and Fox Business host Charles Payne discussed a Biden administration proposal to increase the heating and cooling efficiency standards of new homes, focusing on a Department of Housing and Urban Development analysis that found it would add $7,200 to the average price of a new house but improve energy efficiency by 37%, leading to long-term savings for homeowners.
According to the Environmental Protection Agency, “direct and indirect greenhouse gas emissions” from homes and businesses are responsible for 31 percent of the United States’ total emissions. Politico reported that homebuilders oppose the implementation of new energy standards, citing cost concerns, while supporters point to the long-term cost savings homeowners will enjoy in addition to the environmental benefits. Politico also reported that the new standards conform with the “latest international standards for energy efficiency,” as “many U.S. homebuilders now use standards that are over a decade old and have weaker requirements for insulation, lighting, heating and cooling.”
During their segment, which glossed over the benefits of the new standards, Doocy and Payne completely ignored that the same HUD analysis found that the policy would lead to “average annual energy savings of almost $1,000 per household per year for single family homes and more than $400 per household in low-rise multifamily housing.”
Instead, Payne launched into a baseless conspiracy theory that the policy isn’t designed to reduce greenhouse gas emissions and save homeowners on energy costs, but is instead meant to fulfill a progressive agenda to end home ownership:
Video
CitationFrom the May 30, 2024, edition of Fox News' Fox & Friends
CHARLES PAYNE (FOX BUSINESS HOST): Hey, listen. I'm going to tell you right now, progressives don't like ownership. They really — the ultimate goal is for you to not to own a home. That's the real ultimate goal. They love everyone to congregate around major cities and live on top of each other in apartments and share things. They have pushed for a sharing society.
Related
07/27/23
Fox networks fearmonger over the Biden administration's new vehicle tailpipe emissions proposal
04/18/23
Right-wing media attack new EPA rule aimed at cutting coal pollution
05/06/24
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fox Business’ Larry Kudlow claims Biden tax policy is “DEI” and "racial warfare against white folks”](https://www.mediamatters.org/larry-kudlow/fox-business-larry-kudlow-claims-biden-tax-policy-dei-and-racial-warfare-against-white)
04/30/24
mma 4 24
Murdoch-owned media outlets are pushing a smear campaign to undermine President Joe Biden’s middle-out economic agenda, falsely claiming he is “going to raise taxes on the middle class” if re-elected this year. In fact, Biden has repeatedly promised to maintain lower and middle-class tax rates and to let scheduled expirations of Trump's 2017 trickle-down tax cut scheme go into effect only for individuals with incomes above $400,000.
Trump's tax plan — a giveaway that overwhelmingly benefitted wealthy individuals and highly profitable and powerful corporations — was passed by the Republican-controlled Congress on a party-line vote in both the House and Senate in 2017 as the Tax Cuts and Jobs Act. Trump and the Republican Party own all of the effects of the legislation, including the scheduled expiration of the income tax cuts at the end of 2025, which Republicans wrote into the law. (The GOP-controlled Senate failed to pass a permanent extension of the Trump tax cuts for individuals in 2018.)
*Trump wants media to blame Biden for his own signature legislation
In an April 15 post on Truth Social, former president and presumptive Republican nominee Donald Trump misleadingly claimed that under Biden, “you will soon be facing colossal tax HIKES” due to the expiration of Trump’s 2017 tax cut legislation. FactCheck.org explained, however: “As he has since the 2020 campaign, Biden’s FY 2025 budget vows not to increase taxes on people earning less than $400,000.”
“In order to keep that pledge, Biden would have to extend most of the individual income tax provisions enacted in the [2017 Tax Cuts and Jobs Act] that are set to expire at the end of 2025,” FactCheck.org further explained. “And that’s what Biden says he would do — but only for individual filers earning less than $400,000 and married couples making less than $450,000.” (As of 2022, an income of $400,000 was more than five times the median household income of nearly $75,000, according to the most recent figures from the U.S. Census Bureau.)
This isn’t the first time Trump and his right-wing allies have run this playbook against Biden. In 2021, just a few months into his term, President Biden produced a budget proposal that did not include permanent extensions of Trump’s fiscally disastrous tax policies. In response, a chorus of right-wing media figures falsely claimed that Biden had broken his promise not to raise taxes on the middle class and framed the looming sunset of Trump's tax policies as “a Biden tax hike.”
The situation is reminiscent of a right-wing smear campaign directed at then-President Barack Obama in 2010 and 2012, when former President George W. Bush’s 2001 and 2003 tax cuts were set to expire. At the time, Fox News warned viewers that the Obama administration would enact the “largest tax hike ever,” ignoring Obama’s promise (which is similar to the one Biden makes now) to preserve income tax cuts for all but the top 2% of earners. The resulting deal between Obama and a Republican-controlled House of Representatives in January 2013 preserved most of the Bush Era tax cuts, with the exception of those benefiting just the top 1% of incomes.
Murdoch media falsely claim that Biden “would raise taxes on most Americans, not just the wealthy”
- The Murdoch media empire — including Fox News, Fox Business, the New York Post, and The Wall Street Journal — are accusing Biden of breaking his promise to not raise taxes on households making under $400,000 by claiming that he will allow all of the Trump tax cuts to expire. In these instances they either ignore that his budget proposals actually keep that promise or dismiss his proposals as simply untruthful.
These outlets are also relying heavily on a blog post from March by the right-leaning Tax Foundation, which generally supports reducing taxes and government spending. That post, however, simply analyzed what would happen if all the tax cuts expired, as they were designed to do by the Republicans who drafted and enacted them, and did not include context about Biden’s proposals to allow them to expire only for the highest tax brackets. In another analysis posted this week, the Tax Foundation also noted as precedent that after the Obama Era fight over Bush's lingering tax policies in 2010 and 2012, “Ultimately, most of the tax cuts were made permanent, with the exception of the reduction in the top marginal tax rate.”
- New York Post: “Biden floats tax hikes for all, says Trump cuts will ‘stay expired’ if re-elected — prompting WH walk-back.”The article mischaracterized a speech Biden made to the International Brotherhood of Electrical Workers, in which he described Trump’s tax cuts as having “overwhelmingly benefited” the wealthy, and further declared, “It’s going to expire. And if I’m reelected, it’s going to stay expired.” The New York Post dishonestly stated that Biden had proposed “tax hikes for all.” New York Post, [4/19/24; The White House, 4/19/24]
- The Wall Street Journal’s James Freeman wrote that “failing to extend the expiring provisions of Donald Trump’s signature reform would raise taxes on most Americans, not just the wealthy.”Freeman claimed that the expiration of all the tax cuts was “a promise Mr. Biden will keep if voters give him another term,” with no mention of Biden’s long-standing commitments to preserve cuts for those making less than $400,000 per year. The Wall Street Journal, [4/24/24]
- Fox News White House correspondent Peter Doocy falsely claimed that the scheduled Trump tax cut expiration would break Biden’s “promise not to raise taxes on anybody making less than $400,000 a year.”Doocy continued: “According to the Tax Foundation that finds if President Biden lets the Tax Cut and Jobs Act expire at the end of next year, which he says he’s going to do, somebody making $75,000 a year is going to pay about 1,700 more every year in taxes.” Fox News, *Fox & Friends*, [4/25/24]
- Fox White House correspondent Jacqui Heinrich: “Biden also announced plans this week to let the Trump era tax cuts expire. Analysis from the Tax Foundation says that doesn't jive with his pledge not to raise taxes on anyone making less than 400 grand a year.” Fox News, *Special Report*, [4/25/24]
- Fox Business host David Asman: “President Biden says he plans to let Trump-era tax cuts expire next year. That would raise taxes for millions of Americans who earn less than $400,000, breaking his pledge.” Fox Business, *Varney & Co.*, [4/25/24]
- Fox Business anchor Dagen McDowell: “Biden thinks letting the Trump tax cuts expire — translation: the biggest middle class tax hike in modern history — is actually a good thing.”Fox Business correspondent Grady Trimble added: “President Biden has vowed for years that under his tax plan, middle class Americans wouldn’t have to pay more. Letting the Trump tax cuts expire at the end of 2025 does seem to contradict that promise, but the White House says that is not the case. Instead, it’s saying the president is proposing cuts for those making less than $400,000 a year while proposing hiking taxes on the wealthy and corporations.” Fox Business, *The Bottom Line*, [4/25/24]
- Fox Business host Elizabeth MacDonald: “President Biden wants to get rid of the Trump tax cuts and raise taxes. That's going to raise taxes on the middle class.” Fox Business, *The Evening Edit*, [4/25/24]
- Fox Business host Charles Payne: “Whatever happened to the promise? Remember? No one under 400,000, which is such a nebulous number to begin with.”Fox & Friends co-host Lawrence Jones opened the segment by claiming, “President Trump’s tax cuts are set to expire and President Biden won't do anything to stop it, meaning tax hikes are on the horizon for many Americans.” Fox News, *Fox & Friends*, [4/26/24]
- Fox Business host Jackie DeAngelis claimed that the Biden administration would “spin” the news by claiming not to have raised taxes on incomes under $400,000, but only to have“let those tax cuts expire” for middle and lower-income families.Earlier in the segment, Fox correspondent Grady Trimble said the White House was “clarifying” that Biden does not want to raise taxes on lower income brackets, but DeAngelis seemed to ignore these remarks. Fox Business, *The Big Money Show*, [4/26/24]
- Trimble stated in a prepackaged report, “President Biden says if he’s reelected, he’ll kill the Trump era tax cuts … seemingly contradicting his campaign promise not to raise taxes on those making under $400,000 a year.”The report then included a comment from Deputy Treasury Secretary Wally Adeyemo declaring that Biden would not raise such taxes, but would instead “increase taxes modestly on the wealthy and also on corporations.” Trimble had already poisoned the rhetorical waters, however, by beginning with the false claim that Biden intended to raise taxes for middle class Americans. Fox News, *Special Report*, [4/26/24]
- Fox Business anchor Maria Bartiromo declared, “So much for middle-class Joe’s big campaign promise that he’s not going to raise tax on anybody making less than $400,000 a year.” Bartiromo then read out the Tax Foundation’s analysis of the increases that would take place if all of the 2017 tax cuts were to expire. She included neither context about the Biden administration’s plan to preserve the lower and middle-end tax cuts, nor the Tax Foundation’s own recognition that the 2012 fiscal cliff had resulted in tax increases for only the higher-end tax brackets. Fox Business, *Maria Bartiromo’s Wall Street*, [4/26/24]
- Fox News anchor Dana Perino said, “President Biden is promising to let Trump-era tax cuts expire next year if he wins a second term, meaning that millions of Americans could soon face steeper tax bills.”Neither Perino, co-anchor Bill Hemmer, or Fox Business host Charles Payne even acknowledged Biden’s proposals to keep the tax cuts below the $400,000 income level. Fox News, *America’s Newsroom*, [4/29/24]
- Fox News anchor Harris Faulkner proclaimed: “So much for Scranton Joe, they say. President Joe Biden is now floating a tax hike for millions of working-class Americans.” Fox Business correspondent Edward Lawrence noted a response from the White House clarifying that Biden intends only for tax cuts for the wealthy to expire before rebutting, “But that’s not what he says, and he can't pick and choose what part of the law expires.” Lawrence failed to note that the 2017 tax cuts are set to expire because that is how the Republican-controlled Congress wrote the law in the first place, thereby requiring a new package to be passed in Congress in order to prevent the cuts’ expiration. Fox News, *Outnumbered*, [4/29/24]
- Fox anchor Sandra Smith claimed it was “the talking point from this White House, that those lower earners are not going to be affected, and it just does not appear to be the case.” Fox’s afternoon “straight news” program hosted Trump economic adviser Steve Moore, who asked rhetorically, “So how can Joe Biden say he's not going to raise taxes on people who make less than $400,000, at the same time that he wants to retire these tax cuts?” Fox News, *America Reports*, [4/29/24]
related
Fox falsely claims Trump’s trickle-down tax cuts for the wealthy were directed at the middle class 04/16/24
04/11/24
04/04/24
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mma 4 24
Fox News contributor compares policies to expand voter registration and access to 9/11
Fox's Liz Peek: “George [W.] Bush talked about a failure of imagination accounting for 9/11. This is Republicans’ failure of imagination.”
WRITTEN BY ERIC KLEEFELD
PUBLISHED 04/09/24
Fox News contributor Liz Peek wildly exaggerated the effects of a Biden administration executive order aimed at protecting voting rights and expanding voter registration and access — which, according to Peek’s telling, represents a looming political threat tantamount to the deadly terrorist attacks on September 11, 2001.
During a Fox Business appearance promoting her opinion piece on Fox Digital, Peek latched onto an executive order issued by President Joe Biden in March 2021 calling on federal agencies to “promote voter registration and voter participation” and to assist “in a manner consistent with all relevant State laws” with distributing and filling out voter registration and vote-by-mail application forms.
In Peek’s telling, this means federal employees would directly supervise people “filling out their early ballots,” seemingly in a nefarious plot to force them to vote for Biden. (In reality, the only references in the executive order to providing direct assistance to voters have to do with registration and application forms, not actual ballots.)
“And I think, again, you know, George [W.] Bush talked about a failure of imagination accounting for 9/11,” Peek said. “This is Republicans’ failure of imagination. Who could imagine that you’re going to have this number of people out there working on behalf of Joe Biden?”
In fact, Peek's misleading characterization of the Biden administration’s efforts to expand voter registration and access as threats to democracy inverts the reality in which presumptive Republican presidential nominee Donald Trump’s political allies, through an initiative called Project 2025, actually do intend to remodel the federal government into a right-wing political machine if he is elected again in November.
Video file
Video
CitationFrom the April 9, 2024, edition of Fox Business’ Varney & Co.
STUART VARNEY (HOST): Let’s get back to politics, and Liz Peek, still with us here in New York. The op-ed she just wrote, “Biden’s stealth but clever strategy to maintain control of the White House,” end quote. You say Biden’s going to do whatever it takes to win. Like what, Liz?
It’s a pretty — it’s actually an unbelievable thingLIZ PEEK (FOX NEWS CONTRIBUTOR): Well, we’ve seen that he’s willing to throw his opponent in jail. But beyond that, he has, he issued early in his presidency, like in March of 2021, an executive order that commands — commands — every single federal agency basically to loose their federal employees to register voters, and to use their agencies to promote voter registration, including assisting people filling out their early ballots, filling out their applications for early ballots, etc..
It has been challenged by some Pennsylvania lawmakers. It probably will be heard by the Supreme Court. Whether it’ll get there in time to stop this, I don’t know.
But, Stuart, there are 3 million federal employees. A report by a group of 50 left-leaning organizations reported that if this was done right, they could register over 3 million new voters. I mean, I don’t think Republicans have any idea what they’re up against. And I got to tell you with the Hatch Act, remember that, that was supposed to make electioneering illegal by federal employees, apparently that’s only if you’re in uniform or on duty. So all of these people — I mean, this is an incredible thing.
And I think, again, you know, George [W.] Bush talked about a failure of imagination accounting for 9/11. This is Republicans’ failure of imagination. Who could imagine that you’re going to have this number of people out there working on behalf of Joe Biden?
VARNEY: And they’ll go that far to win.
PEEK: Yeah.
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NEW CA LAWSUIT 10 23
mma 2 24 LNG export freakout
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- ## Right-wing media are platforming and parroting the fossil fuel industry
- Fox Business host Larry Kudlow said we “desperately need” new LNG terminals. He continued on to say the decision to pause approvals “not only damages our domestic economy and its security, it damages our national security. … It’s just remarkable to me how mistaken their priorities were.” Fox Business, *Kudlow*, [1/30/24]
- OANN host Alison Steinberg claimed that the pause was indicative of a “war on American energy independence” even though it only impacts some exports destined for other countries.Steinberg called the reasoning for the pause outlined in the White House’s statement “talking points for manufacturing consent” for the “mainstream meat puppets.” “It’s just this continued effort to destroy everything that we have here,” she concluded. OANN, *In Focus*, [1/29/24]
- On Fox Business’ Cavuto Live, market analyst and frequent contributor Phil Flynn called the pause “a devastating blow to the environment” and incorrectly claimed twice during the segment that natural gas “burns 80% cleaner than coal.” In reality, natural gas produces about half as much CO2 pollution as coal. Natural gas is mostly made of methane, however, and scientists say methane leaks are likely much worse than previously thought, potentially rivaling the environmental impacts of coal. Fox Business, *Cavuto Live*, [1/27/24; Axios, 3/25/22; Inside Climate News, 1/30/20]
- Kudlow boosted an American Petroleum Institute executive and the president of an investor-owned utility association that wages deceptive public relations campaigns to fight renewable energy. Kudlow called the permitting pause part of the “Green New Deal war on fossil fuels” and featured a clip in which API’s Senior Vice President of Policy, Economics and Regulatory Affairs Dustin Meyer contended that scarce natural gas supply would lead countries to turn to coal. Kudlow then interviewed the president of the Edison Electric Institute, who claimed that natural gas will have a “positive environmental impact.” EEI has helped lobbyists and fossil fuel industry executives develop controversial strategies for fighting renewable energy campaigns. Fox Business, *Kudlow*, [1/26/24; DeSmog, 2/21/23; Energy and Policy Institute 8/27/20]
- Former Republican House Speaker Kevin McCarthy said on Fox News that Biden is “taking Putin’s position by saying no more LNG."Fox News, *America’s Newsroom*, [1/26/24]
- On Fox Business' America Reports, economist and former Ronald Reagan adviser Art Laffer said that pausing the review process was “waging war against energy.”“That's pure and simple and it's just true,” he said, “It's hurting the economy a lot.” Fox News, *America Reports*, [1/26/24]
- Turning Point USA founder Charlie Kirk said that pausing permitting to reevaluate climate change impacts “makes no sense” and is based on “abstract ideological fantasies.” He said the idea that “you can transition away from oil and gas” was a “bizarre academic theory.” Real America’s Voice, *The Charlie Kirk Show*, [1/26/24]
- Fox Business host Charles Payne called the decision a “wreckless appeasement to the climate utopia crowd.” He wrote on X, “Natural gas has been and will be the bridge between fossil fuels and an alternative (nuclear best choice now but hydrogen might ultimate answer). It's a gift to have so much we can share with the world for a fortune.” Twitter/X, [1/26/24]
- On Fox Business, Payne and right-wing commentator David Bahnsen pushed misinformation about natural gas being a “bridge fuel” and said that pausing the permit approvals would help Putin. “If you want a bridge between fossil fuels and whatever you think can run the world in the future, it has to be natural gas,” said Payne. Bahnsen followed by claiming that the decision would help “one person, Vladimir Putin.” Fox Business,*Making Money with Charles Payne*, [1/25/24]
- Fox News Digital ran an article with the subheading: “Fossil fuel industry says Biden's expected actions would undermine American credibility and threaten American jobs." Writer Thomas Catenacci quoted several industry executives in the article who claimed the decision “would hurt the climate and lead to increased emissions,” but did not include any details about potential climate impacts. Even though demand for LNG is waning in Europe, Catenacci also insisted that “LNG export facilities are vital to meet energy demand in Europe and Asia as nations look to wean off Russian natural gas supplies.” Fox News, [1/25/24; Energy Monitor, 4/6/23]
- Fox Business host Cheryl Casone said on Fox & Friends Firstthat “this would shock the global energy market if they start putting the breaks on projects like this.”Fox News, *Fox & Friends First*, [1/26/24]
- Former Trump Federal Energy Regulatory Commission Chair Neil Chatterjee said on Fox Business' The Evening Edit that these LNG “projects are vital to energy security, to our geopolitical allies.” He also said the climate activists “are just ignoring” that U.S. LNG “lowers global carbon emissions.” Fox Business, *The Evening Edit*, [1/25/24]
- The Wall Street Journal Editorial Board suggested that an LNG permit pause would “hurt allies and the U.S. economy to please the climate change lobby.”The Wall Street Journal, [1/22/24]
- Kudlow claimed the Biden administration “won’t permit any new LNG projects and installations, which is just as nutty as can be.”Fox Business,*Kudlow:(style="background-color:#ffbb16ff"):}:***:{, [1/15/24]
- Fox Business’ Lauren Simonetti said that reevaluating the permitting process would hurt the United States’ “reliability on the world’s stage” and complained that it’s already too long. “The greens would be satisfied, but our reliability on the world stage, to heck with that, right? These are numbers from the American Petroleum Institute, to kind of highlight how bad this administration is for our energy security: In this administration, 330 days to review an LNG permit. Almost a year. Trump, 49 days.” Fox Business, *Varney & Co.*, [1/10/24]
...
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Fox Business host Larry Kudlow claims climate change is a hoax | Media Matters for America
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cop28 ff mention, i say fail saudi cop prez cjina push for FF gone so world will rely on them; stuart v; net zero soviet style ceNtral plan 3x renewable insane, ; al gore blame mental health crisis one of main reasons ynd ppl look at agw; 8 yo OCT sue epa indoctrination k to college baseless feAR EARTH WILL END UNLESS UN COMES UP W/ DOCUMENT; TOO HOT HOMEWORK DAY GRETA
no lnx vid
Top power grid watchdog warns fossil fuel shutdowns could destabilize future reliability
Assessment 'paints another grim picture of our nation’s energy future,' power industry group says
By Thomas Catenacci FOX Business
Phasing out fossil fuels is an ‘insane goal’: Marc Morano
Climate Depot executive editor Marc Morano discusses worldwide calls to phase out fossil fuels and Al Gore blaming the mental health crisis on climate change.
A lead watchdog group that oversees and monitors the U.S. power grid issued a warning Wednesday that the nation may soon face considerable reliability issues due to premature retirements of existing fossil fuel power sources.
The North American Electric Reliability Corporation (NERC) — a nonprofit organization that makes periodic recommendations to boost reliability — published its annual Long-Term Reliability Assessment (LTRA) report which concluded that large swaths of the U.S. face either an elevated or high risk of capacity shortfalls. NERC noted that premature retirements, or power plant shutdowns that occur before replacement power comes online, are a leading factor in determining future reliability issues.
"The electric power industry continues to face challenges in the future. A rapidly changing resource mix, a threat landscape, extreme weather, inverter-based resources," John Moura, NERC's director of reliability assessment and performance analysis, told reporters Wednesday on a media call.
"But really focusing in on reliability, managing the pace of a rapidly-changing resource mix, which includes not only making sure you don't retire prematurely, but also that we're building enough resources and making sure they're dispatchable really continues to be our greatest reliability risk in the future," Moura added.
US GRID OPERATORS WARN BIDEN'S POWER PLANT CRACKDOWN COULD TRIGGER 'SIGNIFICANT POWER SHORTAGES'
California windmills and power lines
A view of windmills and power lines in Tracy, California, on Aug. 17, 2022. (Reuters/Carlos Barria / Reuters Photos)
The LTRA report highlighted how the region managed by Midcontinent Independent System Operator, which oversees much of the Midwest, faces some of the highest grid risks as a result of coal generation retirements that are projected to outpace new green energy development at certain points in the future.
"Demand is forecast to increase and that's happening faster than their transitioning — their resource mix is growing. They have plans to retire about five gigawatts of coal-fired generation and replace that with natural gas-fired resources, also solar and some batteries," said Mark Olson, NERC's manager of reliability assessments. "But what we see is there are periods where, during this transition, they have capacity shortfalls."
In addition, the West, including California, and the Northeast, including New York, are regions facing elevated risk, while the remainder of the East Coast is facing normal risk heading into 2024.
BIDEN ADMINISTRATION RIGGED INTERNAL ANALYSIS, SOFTENING BLOW OF POWER PLANT REGULATIONS: REPORT
The report, meanwhile, comes as the Biden administration and several states continue to push for an aggressive transition from fossil fuel power generation to green energy sources like wind and solar.
In May, the Environmental Protection Agency (EPA) unveiled regulations targeting fossil fuel-fired power plant emissions, which grid operators have warned could exacerbate future reliability problems. In its announcement, the federal agency said the plan "would avoid" 617 million metric tons of carbon pollution through 2042 via new standards forcing plants to either utilize carbon capture technology or shut down.
Emissions spew from a large stack at the coal-fired Brandon Shores Power Plant in Baltimore on March 9, 2018.
According to the agency's analysis, the proposal would force U.S. electric generation derived by coal plants without carbon capture to decline 67% by 2030 and 100% by 2035, while coal plants with carbon capture will increase 29% and 13%, respectively, the analysis also showed.
WHITE HOUSE ECO COUNCIL AT ODDS OVER TECHNOLOGY CENTRAL TO BIDEN'S GREEN GOALS
"We commend NERC for its work to maintain a reliable supply of electricity," Michelle Bloodworth, the president and CEO of coal trade group America's Power, said Wednesday in a statement. "Unfortunately, NERC’s latest assessment is deeply troubling because it indicates that, despite several years of warnings about the possibility of electricity shortages in many parts of the country, the risk of electricity shortages has grown worse."
"This is largely due to coal retirements, EPA policies, and dangerous subsidies for unreliable sources of energy," she continued. "We again urge Congress and federal and state policymakers to act immediately on these continued warnings."
Michael Regan
Environmental Protection Agency Administrator Michael Regan testifies before the Senate Appropriations Committee on May 3. (Chip Somodevilla/Getty Images / Getty Images)
And Jim Matheson, the CEO of the National Rural Electric Cooperative Association, which represents 900 local electric cooperatives nationwide, added that the report Wednesday was the latest to paint a "grim picture" for the future of the nation's power grid.
CLICK HERE TO GET THE FOX NEWS APP
"NERC’s latest assessment paints another grim picture of our nation’s energy future as demand for electricity soars and the supply of always-available generation declines," Matheson said in a statement.
"Nine states saw rolling blackouts last December as the demand for electricity exceeded available supply," he said. "And proposals like the EPA’s power plant rule will greatly compound the problem. Absent a major shift in state and federal energy policy, this is the reality we will face for years to come."
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Marc Morano
Weekly update ⋅ December 29, 2023
Climate policies pose threat, not climate change: Marc Morano | Fox Business Video
Fox Business Video
ClimateDepot.com executive editor Marc Morano weighs in on the left's climate fear mongering and failed climate policy push on 'The Bottom Line.'
Climate policies pose threat, not climate change: Marc Morano
ClimateDepot.com executive editor Marc Morano weighs in on the left's climate fear mongering and failed climate policy push on 'The Bottom Line.'
FEAR MONGER, HEADINES nyt TSUNAMI IO INFECITIOS DISEASE; AL GORE CRY WORLF COV AT STAKE CNN WE HAVE TO BRK POL PWER OF ff AND REV DR; EXEC EDITOR OF CLIMATE DEPOT; GORE HAS AUDAC TO TALK ABOUT PWR GRAB, TAKE AWAY AM FREEDOM AND PUTTING X N POCKET; 1 BILLION CLIMATE REFUGESS BUT POLICY WILL COVID CA SRI LANKA COLLAPE OF GOVT FARMERS NETHERLANDS; GORE WORLD CONVERT TO PALS UN DAVOS AND NOW who WILL CONTROL GAS ENERGY DECUSIONS; SELLING FEAR // COVID POOR DECISONS LET AUTHOR TAKE OVER: DUFFY BIG ff CORPS ARE TRYING TO CONTROL GOVT; GOV'T WITH SILLY DEADLINE CALL ME A CAPUTALIST TAKE MORE TIME, SIGNALS; NO VOTE VAROUS ENDRUNS; HE SAYS PROBLEM NOT TIMELINE BUT NO PROBLEM; PEER REV THAT HU BEATH CONTRIBUTES; AFRICA VS ASIAN WOMAN VS MEN; GO AFTER WHOLE NET ZERO agenda; gates kery weirdo whole massage thing dagen dude WF bunch of marxist communists bill gates buy farm land steel vat 3d printer geo engr; 1 funder of WHO gates; must give more of our freedom to billionaires
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dagen and duffy
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Marc Morano on Fox Business: 'Go After the Entire Net Zero Agenda' - Newsbusters
Newsbusters
:{:{Climate Depot founder Marc Morano eviscerated leftist climate propaganda pushed by elites during an appearance on Fox Busin....}:
ai trans?
no lnx
Marc Morano on Fox Business: 'Go After the Entire Net Zero Agenda'
Tom Olohan
:{December 28th, 2023
Text to Speech
Climate Depot founder Marc Morano eviscerated leftist climate propaganda pushed by elites during an appearance on Fox Business Tuesday.
Morano pointed out the undeniable damage caused by climate policies on a Dec. 26 segment of Fox Business’s The Bottom Line. During the segment, he reacted to the latest apocalyptic musings of South Park star Al Gore. Morano shredded elites who speculated about damage from “climate change” while ignoring damage from climate policy.
The Climate Depot founder warned that Al Gore is pushing for a future where Gore “and his friends at the United Nations, at the World Economic Forum and now at the World Health Organization are going to control our food and agricultural decisions, our transportation decisions whether it's the gas-powered car bans and, of course, all of our energy decisions.” Morano added, “So make no mistake, it's the climate policy that poses a threat, not climate change.” Later in the segment he unequivocally urged viewers to “go after the entire net zero agenda.”
Morano highlighted the insane fear-mongering spewed by climate activists like Gore. “When you see all those headlines and all the media at the end of the year, what they're doing is they're selling fear no different than what they did during COVID because when you’re afraid you make poor decisions and you allow authoritarians to take over. That's exactly what we're witnessing here with–juiced scientific claims as well.”
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He brought up Gore’s fear of a “billion climate refugees” noting that there may be migration but again pointed out that: “It’s climate policy not climate change that is going to drive migration.” He noted the catastrophic effects of such policies. “What we’re finding is people in Sri Lanka followed climate policy to the collapse of their government–their presidential palace was overrun. The farmers in the–Netherlands were subjected to climate policy, and they almost crushed all the small family-run farms.”
Morano urged Fox Business viewers to question whether environmentalists’ goals should be implemented at all and asked viewers to question whether extreme measures like giving up the gas-powered car and eating meat are actually necessary. He encouraged listeners instead to reject the net zero movement entirely, “I'm arguing we need to challenge this entire premise. They are using climate fear to literally restrict and collapse energy, agriculture, transportation, go right after our freedom of movement.”
Morano further demonstrated just how extreme the implications of the climate change movement really are when he referenced a study claiming that human breathing contributes to climate change. If it was not clear before, humans are one of the carbon sources that many of these elites wish to reduce.
Morano also emphasized the undemocratic nature of this environmental movement decided by “executive orders, mid-level bureaucrats, corporate government collusion” and “executive agencies.”
He called out billionaire leftists such as Bill Gates and Jeff Bezos by name for buying up vast amounts of American farmland. After detailing Bill Gates’ push for “synthetic lab-grown meat” and funding of crackpot “climate change” solutions, Morano compared the restrictions championed by the climate cult to elite support for COVID lockdowns. Morano added, “You have billionaire evil players at all these organizations, and they're saying we can't be saved unless we give over more of our freedom to these billionaires.”
Conservatives are under attack! Contact ABC News (818) 460-7477, CBS News (212) 975-3247 and NBC News (212) 664-6192 and demand they report on millionaires like Al Gore and billionaires like Bill Gates, Jeff Bezos and Michael Bloomberg push to damage American agriculture and energy.
Al Gore
Marc Morano
Sean Duffy
Anti-Americanism
Business
Fox Business Network
Environment
Suggested Reading by NewsBusters
Washington Examiner’s ‘Liberal Media Scream’ With the MRC’s Assessment
Telegraph Column: Without Fossil Fuels ‘Six Billion People Would Die Within a Year’
:{Algore Blames Populism On Climate Change, Shrieks About ‘The Survival of Our Civilization’
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MMA 12 23
Congressional Republicans have signaled their intention to find scandal in the Department of Energy’s loan program that would aid their efforts to repeal President Joe Biden’s landmark Inflation Reduction Act and its historic $369 billion in climate and energy provisions. Now, right-wing media are assisting those GOP efforts by targeting solar energy company Sunnova in reporting that mischaracterizes its federal loan guarantee and attacks the renewable energy industry as a whole.
On November 22, The Washington Free Beacon reported, “A solar company that was awarded a $3 billion Department of Energy loan has been accused of scamming dementia patients on their deathbeds into signing five-figure, multi-decade solar panel leases.” The article noted that the accusation “comes as the DOE’s Loan Programs Office is facing scrutiny from Congress over potential conflicts of interest involving the $3 billion federal loan to Sunnova Energy,” and quoted a former Energy Department official who claimed, “This is reminiscent of the mortgages of the 2000s, just getting people to sign, with no care at all as to the consequences. … Why not just call it subprime solar?"
While the report is troubling and worthy of scrutiny, the incidents documented by The Washington Free Beacon are not evidence that taxpayer money has been wasted or misused, nor is the story representative of all residential solar programs. In fact, as E&E News reported, “A loan program office official who was granted anonymity to speak candidly emphasized that the Sunnova project is a loan guarantee and that no money has actually gone out the door.” The article also cited clean energy lobbyist Joe Britton, who pointed out the political nature and the hypocrisy of the attacks:
In lieu of have a smoking gun of taxpayer dollars going to a company and then that company going into default … they’ve gone down a host of other tributaries that they think might be worthy of political attack,” Britton said.
“The company may be really successful, they may have great technology, they may be able to scale well and create a ton of new U.S. manufacturing jobs. But they’re finding other angles of trying to attack them,” he continued, pointing to efforts to tie recipients of money to China without putting similar scrutiny on the oil and natural gas industry.
Nevertheless, congressional Republicans have seized on the reporting by The Washington Free Beacon to probe the loan guarantee awarded to Sunnova, while Fox News’ Jesse Watters has suggested “the entire solar industry is a scam” that is being funded by “400 billion of your money.”
Right-wing media targeting Sunnova
- Right-wing outlets misleadingly described the Energy Department’s loan guarantee to suggest that the Biden administration had directly paid Sunnova billions of dollars. The Washington Free Beacon wrote that GOP legislators “are probing the Biden administration's decision to grant an unprecedented $3 billion loan to a solar company accused of scamming elderly dementia patients,” while Fox News Digital reported, “Republican leaders in the House and Senate are probing the Department of Energy (DOE) over its recent $3 billion award to a solar energy company that has been accused of scamming vulnerable customers.” The Washington Free Beacon, [12/12/23; FoxNews.com, 12/8/23]
- The Daily Wire reported on the Sunnova probe on December 9, adding: “President Joe Biden has been pushing the Democrats’ leftist green energy agenda seeking to address the ‘climate crisis’ and has emphasized expanding solar energy. Earlier this year, the Biden administration launched a $7 billion ‘Solar for All’ grant competition … created by the president’s Inflation Reduction Act.”The Daily Wire, [12/9/23]
- Jesse Watters Primetime featured the story on December 11, claiming: “Democrats have been telling us for years solar is the future. A lot of times it's just a big rip-off.” Watters continued: “This spring, Joe Biden gave a huge contract to a solar company that many are calling a scam. That company is called Sunnova and the Better Business Bureau gave them an F. Normally you wouldn’t really reward bad behavior, but the Biden administration just handed the company $3 billion — billion — of your money.” Fox News, *Jesse Watters Primetime*, [12/11/23]
- Fox Business host Elizabeth MacDonald compared Sunnova to Solyndra, a now-defunct solar energy firm that was previously a target of conservative ire during the Obama administration. MacDonald said: “The complaint has been money is flying out the door unchecked with no strings attached. That the Biden White House has a $400 billion green energy loan program overseen by an insider,” referring to Energy Department loan director Jigar Shah. She also said that the loan given to Sunnova “is about six times what the Obama White House gave green energy failure Solyndra.” Fox Business, *The Evening Edit*, [12/12/23; Media Matters, 11/13/14]
- On December 13, Watters aired a second segment suggesting that “now we’re beginning to think the entire solar industry is a scam and that Joe Biden poured 400 billion of your money into the scam,” claiming that the Energy Department’s loan guarantees were “letting solar panel companies hand out leases like we're handing out mortgages in 2008.” Fox News, *Jesse Watters Primetime*, [12/13/23]
Led in part by Watters’ coverage, Fox News has spent the past year spreading misinformation about offshore wind turbines and misleading viewers about the Inflation Reduction Act in an effort to undermine Biden’s climate agenda.
In reality, the IRA has transformed the clean energy landscape by funding new developments and electric vehicle production across the U.S. Since its passage, 272 clean energy projects have been announced in the United States, representing $278 billion in new investment and creating over 170,000 new jobs, according to Climate Power. Meanwhile, Canary Media reports that “solar is the fastest-growing source of electricity in the U.S., making up almost half of all new power capacity in the first three quarters of 2023.”
11/14/23 2:47 PM EST
07/17/23 2:48 PM EDT
12/30/22
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https://www.foxbusiness.com/politics/california-goes-war-oil-gas-giants-climate-change-deception
no lnx
:{:{CALIFORNIA Published September 16, 2023}:
California goes to war with oil and gas giants over climate change 'deception'
Oil and gas industry representatives slammed California's lawsuit and said climate policy should be made by Congress, not courts
Comments
By Chris Pandolfo , Emily Robertson FOXBusiness
'Absurd' policies could send oil costs over $100 per barrel: Veteran trader
TJM Institutional Services Director James Iuorio looks ahead at a big week of inflation data, including the latest numbers out of China.
California Gov. Gavin Newsom slammed oil and gas companies Saturday, accusing industry leaders of "misleading the public" about climate change, according to a court filing.
Newsom and state Attorney General Rob Bonta announced a new lawsuit targeting Exxon Mobil, Shell, Chevron, ConocoPhillips, BP and the American Petroleum Institute (API) for allegedly "engaging in a decades-long campaign of deception and creating statewide climate change-related harms in California."
"For more than 50 years, Big Oil has been lying to us — covering up the fact that they’ve long known how dangerous the fossil fuels they produce are for our planet," Newsom said in a statement. "California taxpayers shouldn’t have to foot the bill for billions of dollars in damages — wildfires wiping out entire communities, toxic smoke clogging our air, deadly heat waves, record-breaking droughts parching our wells.
"With this lawsuit, California is taking action to hold big polluters accountable and deliver the justice our people deserve."
MCDONALD'S FRANCHISE GROUP SLAMS CALIFORNIA FAST-FOOD LAW AS ‘DRACONIAN’
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| XOM | EXXON MOBIL CORP. | 110.46 | -0.39 | -0.35% |
| SHEL | SHELL PLC | 66.48 | +0.35 | +0.53% |
| CVX | CHEVRON CORP. | 166.56 | -0.19 | -0.11% |
| COP | CONOCOPHILLIPS | 120.41 | -1.45 | -1.19% |
| BP | BP PLC | 38.61 | +0.22 | +0.57% |
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The complaint filed in San Francisco court Friday alleges big oil and gas companies have caused tens of billions of dollars in damage to California by deceiving the public.
California Gov. Gavin Newsom
California Gov. Gavin Newsom speaks during a press conference Oct. 6, 2022, in San Francisco. (Justin Sullivan/Getty Images / Getty Images)
California has sought the creation of an abatement fund to pay for future damages caused by climate-related disasters in the state, the filing showed.
API, an industry trade group, said climate policy is for Congress to debate and decide, not the court system.
"The record of the past two decades demonstrates that the industry has achieved its goal of providing affordable, reliable American energy to U.S. consumers while substantially reducing emissions and our environmental footprint," an API spokesman told Fox Business.
CA MAYOR WARNS CRIME, DEMOCRAT-LED ‘MORAL CRISIS’ ARE ‘COMING HOME TO THE SUBURBS’
Oil drilling equipment on federal land
Oil drilling equipment on federal land near Fellows, Calif., April 15, 2023. (REUTERS/Nichola Groom/File Photo / Reuters Photos)
"This ongoing, coordinated campaign to wage meritless, politicized lawsuits against a foundational American industry and its workers is nothing more than a distraction from important national conversations and an enormous waste of California taxpayer resources."
Shell, in an emailed statement, said the company supports "the need for society to transition to a lower-carbon future."
"Addressing climate change requires a collaborative, society-wide approach. We do not believe the courtroom is the right venue to address climate change, but that smart policy from government and action from all sectors is the appropriate way to reach solutions and drive progress," a Shell spokesperson said.
CITY NYC HEADQUARTERS BLOCKED BY CLIMATE PROTESTERS; POLICE ARREST OVER 20 PEOPLE
FOX Business host Larry Kudlow shreds President Biden's energy policies on 'Kudlow.'video
Biden killed oil and gas drilling in Alaska: Larry Kudlow
FOX Business host Larry Kudlow shreds President Biden's energy policies on 'Kudlow.'
Bonta said oil and gas companies have fed "lies and mistruths" to the public for decades in pursuit of profit.
"With our lawsuit, California becomes the largest geographic area and the largest economy to take these giant oil companies to court. From extreme heat to drought and water shortages, the climate crisis they have caused is undeniable," Bonta said.
"It is time they pay to abate the harm they have caused. We will meet the moment and fight tirelessly on behalf of all Californians, in particular those who live in environmental justice communities."
GET FOX BUSINESS ON THE GO BY CLICKING HERE
The legal action follows dozens of lawsuits filed in recent years against the fossil fuel industry by states and municipalities across the United States, broadly alleging harms from climate impacts, including extreme weather.
Chevron, BP and Conoco Phillips did not immediately respond to requests for comment from Fox Business. Exxon Mobil could not be immediately reached for comment.
Reuters contributed to this report.
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an 6 23
some ppl say BS:
Bernie Sanders and Rep. Pramila Jayapal introduced the “College For All Act” in tandem with Sanders and Rep. Barbara Lee reintroducing the “Tax on Wall Street Speculation Act”this past week. The first bill would eliminate tuition and fees at four-year higher education institutions for people and families making under $125,000/7 a year. It would also make community college tuition, and fees, entirely free to everyone.
The plan would also help Americans to refinance existing student loans at considerably lower interest rates while ending the practice of the federal government turning a profit off of student assistance. The second bill, originally introducedin 2021 and based on a similar bill Sanders put forward in 2008 as a response to the Wall Street bailouts connected to the housing crisis, looks to generate the revenues that pay for this plan.
Republicans, disagreeing with the concepts of free college and student debt relief, have offered up status quo plans while trying to push people away from going to colleges and toward trade schools. You can read Sen. Bill Cassidy’s worthless bill here. The right-wing media is now ginning up anti-student loan relief sentiment, directing Americans’ ire not at the predatory loan system or exorbitant higher education costs but at the students themselves. This means framing the conversation as one about Americans being taxed to pay for students who can’t pay back their loans.
While walking to his office, Sanders was asked by Fox News Business correspondent Hillary Vaughn, “Is it really free if you're raising taxes to pay for it?” Sanders gave a very short and sweet masterclass on messaging:
“Well, given the fact that we have the billionaire class paying a lower tax rate than working families, I think it's appropriate that the wealthiest people in this country start paying their fair share of taxes.”
Vaughn attempted what passes for a hard-hitting followup at Fox: “People say that the Wall Street tax would hit average Americans saving for retirement.”
Sanders stopped to shut this bullshit down: “What people say that? People on Wall Street. Thank you
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https://www.mediamatters.org/fox-business/fox-business-airing-weekly-sermons-christian-nationalist-pastor-who-has-called drag satan
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https://www.mediamatters.org/stuart-varney/fox-business-pushes-racist-great-replacement-conspiracy-theory-smear-democrats-over
mma 12 22
gt replace
JACKIE DEANGELIS (FOX BUSINESS CORRESPONDENT): And that's who he's catering to, and part of going down there and turning a blind eye to what is happening, the humanitarian actual crisis, as you point out Charles, of trekking across the border is because they're trying to change the demographics in this country. They want more people in this country that will turn red states purpler and then eventually blue, and that's the overall agenda of the Democratsand that's what he's playing into. To your point Harris about how much this is costing us, the Fed is gonna continue to raise rates because 7.1% inflation is still really high. Two million people will lose their jobs next year, and we're gonna continue to have to support all of these causes and people coming into this country because that's what we do, and it's gonna be a rough 2023.
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morano control BS?
Fox News is returning to its pro-COVID-19 stance by attacking Los Angeles, California, for considering an indoor mask mandate as infections in the county skyrocket. The right-wing propaganda channel, which has long spewed pandemic-related misinformation, is again lying about the efficacy of masks for slowing the spread of the disease.
The Los Angeles Times reported that LA County’s case rate “has been increasing since late October and is now triple what it was in the autumn low,” and is currently 188 weekly cases per 100,000 residents, with a case rate of 100 or more being considered high. The LA Times also reported that the county is suffering about 60 deaths from COVID-19 each week. According to City News Service, the county’s COVID-19 hospitalization rate already exceeds one of the two thresholds that County Public Health Director Barbara Ferrer said would trigger a universal indoor masking mandate.
Fox’s response to this news is to return to its history of killing its viewers by spreading medical misinformation that has contributed to the staggering national COVID-19 death toll exceeding 1 million people. In particular, Fox has spread lies about the usefulness of face masks in slowing the spread of COVID-19. Some Fox personalities have bizarrely claimed that wearing masks makes people crazy, while others simply told lies about their effectiveness. Fox as a whole worked very hard to incorporate masking into their deranged culture war, even though at least one Fox prime time host early in the pandemic repeatedly gushed about their potential in keeping people safe. (Fox also for a time required staffers to wear masks at the workplace.) Besides attacking face masks during a respiratory disease pandemic, Fox has also urged its viewers to **distrust public health officials**.
And with the possibility of a mask mandate coming back to LA, Fox personalities reacted with incredulity, pretending that masking is ineffective and attacking the county public health director as “power hungry.”
- :{Fox & Friends First:(style="box-sizing:border-box"):}: co-host Todd Piro asked, “Have we learned no lessons from the … failure of masks?” He added, “These people, Barbara Ferrer, that you saw there, the entireestablishmentthat is pushing more masking, more lockdowns, they are power hungry. And they refuse to acknowledge that COVID is something we cannot prevent at this point, but something we have to deal with.”
- :{Fox & Friends:(style="box-sizing:border-box"):}: co-host:{ Brian Kilmeade}: said: “Masks don’t work. … What is wrong with these people?”
- Later in the program, Kilmeade portrayed a masking mandate as intentional sabotage on people’s lives and children’s schooling, saying: “The problem is too many people enjoying their lives going back to normal. Let's try to screw them up again.”
- Fox’s :{America’s Newsroom:(style="box-sizing:border-box"):}: interviewed **Fox contributor Caitlyn Jenner** for her inexpert opinion on the efficacy of face masks. During the interview, Jenner said: “I don’t think they work very well.” She later added: “I think our public health director is kind of like a little mini [NIAID Director Dr. Anthony] Fauci, wanting the control that they have.”
- Fox Business host Steve Hilton claimed that masks “make practically no differencein the preventing of the transmission of this virus,” then ranted: “Can you believe we're back here again, yet again? You have these lunatics, these bureaucrats, totally unaccountable – Barbara Ferrer, the half a million dollar a year woman who runs public health in Los Angeles – not a medical doctor, parading these totally bogus metrics, right, about cases and whatever. How does she know what the cases are? People are testing on their own at home privately. It's not reported. It's complete BS. The whole thing is total BS, and I hope nobody pays any attention to it at all.”
- On Twitter, Hilton also urged LA residents to “rise up and say enough is enough.”
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8 22 an raw
Sen. Ron Johnson (R-WI) suggested over the weekend that Democrats are engaging in voter suppression because many people in Wisconsin believe he is a "tool" of Russia.
During a Sunday interview on Fox News, host Maria Bartiromo argued that there was reason to "distrust and question" the honesty of elections.
"That was part of what went on in 2020," she told Johnson. "People were questioning. Well, can we trust them? We know what they just did in the Russia collusion hoax."
"You say they are interfering with your election!" the host exclaimed, "because of these smears on you."
Bartiromo added: "Tell me about your opponent and why you believe you are being smeared and this is the result: 50% for [Mandela] Barnes, 46% for Johnson in the Wisconsin senate race [polls]."
Johnson claimed Democrats "interfered in the 2020 election far greater than anything Russia or China could ever do."
The senator said that Democrats leaked a briefing about his connections to Russia.
"Basically saying that I'm a tool of Russia, which I am not," Johnson remarked. "It's a completely false accusation. The Wisconsin press picks that up and [some] people in Wisconsin think I'm a tool of Vladimir Putin."
"Nothing could be further from the truth," he insisted. "But they have smeared me publicly and they just might impact the 2022 election here in Wisconsin as well. Because, let's face it, Maria, they do not want me reelected because I would be chairman on the permanent subcommittee on investigations. They know I will investigate their corruption."
Watch the video clip below from Fox News.
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jan 6 hearings fail
https://www.mediamatters.org/january-6-insurrection/after-another-day-groundbreaking-january-6-committee-testimony-fox-just
https://www.mediamatters.org/fox-news/january-6-select-committee-hearing-revelations-fox-news-didnt-want-its-viewers-seeing-live
fox News is a Republican propaganda outlet whose stars have spent the last 17 months downplaying the January 6 insurrection, so of course it had no interest in allowing its viewers to see live, unedited coverage of tonight’s first hearing by the House select committee investigating it.
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https://www.mediamatters.org/stuart-varney/fox-business-unionizing-amazon-workers-are-driven-anger-and-jealousy-about-ceo-pay
starbuck amazon in south?
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omg see open ltr
https://www.foxbusiness.com/politics/democrats-3-5t-reconciliation-bill-woke-handouts-grover-norquist
no lnx vid?
OPINION Published September 22
Grover Norquist: Democrats' $3.5T reconciliation bill's top 10 woke handouts
Here are 10 simply embarrassing examples of corporate welfare, cronyism and corrupt political payoffs
Facebook...
By Grover Norquist FOXBusiness
America cannot afford $3.5T spending plan, US will be in debt: Rep. Young Kim
Rep. Young Kim, R-Calif., argues the House Senate needs to create a ‘responsible resolution’ for the spending plan.
Democrats are trying to impose on American taxpayers the largest tax increase since 1968. Their legislation raises taxes on small businesses and would leave the U.S. with a higher capital gains tax than communist China and a higher corporate tax than all of our economic competitors.
Their plan would be the biggest tax hike in 53 years, just as the country tries to recover from a once-in-a-century pandemic.
Rep. James Comer, R-Ky., discusses the Democrats' spending as the debt ceiling deadline looms and Hunter Biden's pricey art sales.video]
Democrats attempt to tie debt limit to $3.5T spending package
The Democrats have also loaded up the bill with many "woke" handouts they would prefer you didn’t notice. Below is a top ten list of the most perplexing items.
1. $3.5 billion for the Green New Deal youth patrol: A make-work program for jobless climate activists
At a time when small businesses cannot find willing workers, the Democrat bill shovels $3.5 billion of your money so DC bureaucrats can create something called the "Civilian Climate Corps" – a make-work program for young climate activists.
REPORT FROM ANTI-TAX GROUP WARNS THAT $3.5 TRILLION SPENDING PLAN WOULD HIT ECONOMIC OUTPUT, HURT SAVINGS
Instead of getting a real job, these Green New Deal hall monitors will be deployed across the country to engage in unspecified "green" actions. One stated aim is boosting enrollees’ "outdoor recreation."
Fox News congressional correspondent Chad Pergram has the latest on the spending bill on 'Cavuto: Coast to Coast'video
Democrat Party divided ahead of vote on $3.5 trillion spending bill
Perhaps they’ll knock on your door with a clipboard and tell you to put on a sweater instead of heating your home adequately.
The climate brigade youths will receive taxpayer-funded lodging, transportation, and healthcare, possibly even uniforms.
The Democrats even want to make sure they are unionized. Perhaps not by coincidence these union dues would find their way into the coffers of Democrat congressional campaigns.
REPORT FROM ANTI-TAX GROUP WARNS THAT $3.5 TRILLION SPENDING PLAN WOULD HIT ECONOMIC OUTPUT, HURT SAVINGS
2. Fake news tax handout for reporters at "local" newspapers with up to 750 employees
The proposal creates a tax credit for "local newspapers" with up to 750 employees – a largely left-of-center group of workers.
It gives a payroll tax credit for journalists of up to $12,500 in wages per employee per quarter.
This reporter tax carve-out amounts to $1.3 billion. The vast majority of newspapers in the country have fewer than 750 employees, so this will shovel money to long-established daily newspapers as well as weekly left-wing "alternative" papers.
Imagine the outrage if Republicans tried to enact a special tax cut only for talk radio hosts.
CONSERVATIVE GROUP LAUNCHES MULTI-MILLION DOLLARS PUSH TO DETAIL DEMS' $3.5 TRILLION SPENDING PLAN
- Tax credit for $8,000 "Electric Bicycles"
The bill creates a 15 percent refundable tax credit for "electric bicycles." A credit of up to $1,500 for electric bicycles costing as much as $8,000 per bike.
As a reminder, a tax credit is a dollar-for-dollar reduction in your tax liability. The Joint Committee on Taxation estimates that this provision alone amounts to $7.4 billion.
If you are a "local reporter" and in the market for an "e-bike" this is your lucky day.
4. Solar Subsidies to "Promote Environmental Justice"
This provision gives solar tax credits to select areas to "promote environmental justice" wherein "the Secretary makes an allocation of environmental justice solar capacity limitation."
CLICK HERE FOR THE LATEST FOX BUSINESS REPORTING ON THE DEMOCRATS' MASSIVE SPENDING BILL
- Tax breaks for elite, well-funded private universities
The bill would reduce, potentially down to zero, the excise tax on investment income of private colleges and universities depending on the amount of financial aid they offer their students. Notably, universities who can provide a lot of grants and scholarships are typically universities with the largest endowments, such as Harvard and Yale.
This adds up to another $2.3 billion.
- Tax credit for "Environmental Justice" programs
A $1 billion refundable tax credit for university "environmental justice programs."
GET FOX BUSINESS ON THE GO BY CLICKING HERE
- $10 billion "Green Workforce" tax credit
Democrats allocate $10 billion in a section titled "Investment in the Green Workforce. This contains several niche credits including $400 million for "green" projects in "automotive communities." Automotive communities are defined as communities that have "experienced major job losses in the automotive manufacturing sector" – likely from big-government policies.
8. $15 billion for "Green" doors and windows
The bill would replace a $500 lifetime cap on nonbusiness energy property credits with an annual $1,200 credit. This credit allows up to $600 in credits for "energy efficient" windows and skylights and up to $500 for doors.
CLICK HERE TO READ MORE ON FOX BUSINESS
9.Big Labor tax break
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Union bosses could more easily raise membership costs as the cost will be partially hidden by a new above-the-line deduction for up to $250 in "dues" to a labor organization. These dues would again find their way right back to Democrat political campaign coffers in order to elect more Democrats who will grow the size of the DC bureaucracy. Rinse, repeat.
- Tax credit for contributions to university "research infrastructure projects"
Democrats are creating a credit for contributions to public universities’ "research infrastructure projects."
Much of the Democrat tax plan (higher business taxes) would slow growth and make us uncompetitive with China and Europe. The items above are simply embarrassing examples of corporate welfare, cronyism and corrupt political payoffs creeping back into the U.S. tax code. Chicago-style politics playing with billions rather than millions.
Grover Norquist is president of Americans for Tax Reform.
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interesting no explicit climate denial? does have links to fox cats, not needed? 11/30 /21
https://www.foxbusiness.com/politics/oversight-republicans-democrats-oil-gas-investigation
fox biz [ads/stories by credible?, loan offers?]
no lnx
House Republicans also urged Committee Democrats to hold a hearing on rising energy prices
By Audrey Conklin FOX Business
White House anti-energy policy hurting Americans: Former OMB director
Former OMB Director Russ Vought discusses rising gas prices on 'FOX Business Tonight.'
FIRST ON FOX - House Republicans on the Oversight and Reform Committee are sending a letter to Chairwoman Carolyn Maloney, D-N.Y., urging her to cease an investigation into the U.S. oil and gas industry as it relates to climate change.
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Maloney and Environment Subcommittee Chairman Rep. Ro Khanna, D-Calif., on Sept. 16 launched an investigation into the fossil fuel industry and sent letters to executives at ExxonMobil, BP America, Chevron, Shell Oil, American Petroleum Institute, and the U.S. Chamber of Commerce, and later subpoenaed documents related to the industry's role in spreading disinformation about the role fossil fuels play in climate change.
"Since its inception, Committee Democrats’ investigation has been fraught with pre-determined conclusions, reckless accusations, and an abuse of Congress’ oversight authority,"Republicans wrote in their letter. "The most egregious of these abuses is your decision to unilaterally issue subpoenas for documents that strike at the heart of protections offered by the First Amendment."
Chairwoman Rep. Carolyn Maloney (D-NY) speaks at a hearing with the House Committee on Oversight and Reform in the Rayburn House Office Building on November 16, 2021 in Washington, DC. The hearing was held to discuss how federal agencies are combatting cyber threats and criminal hackers. (Photo by Anna Moneymaker/Getty Images)]
The Republican members including House Committee on Oversight and ReformRanking Member James Comer, Environment Subcommittee Ranking Member Ralph Norman and other Oversight Republicanswent on to highlight the increasing cost of gas for U.S. drivers and urged Committee Democrats to hold a hearing on rising energy prices.
INTERIOR CALLS FOR HIKING RATES ON OIL AND GAS COMPANIES TO DRILL ON FEDERAL LANDS
Republicans added that the oil and gas companies from which Democrats subpoenaed documents have already provided more than 200,000 pages of documents.
"The Committee on Oversight and Reform exists to provide the necessary oversight of federal government actions and policies to protect the American people and their taxpayer dollars," the authors of the letter wrote. "This Committee needs to act now and use its authority to address the most pressing issues facing the country. The American people look to our Committee to hold the government accountable for its actions."
Maloney said in statement to Fox News that she strongly supports "President Biden’s bold efforts to reduce gas prices and his economic policies that have led to a record 5.6 million jobs created—compared to more than 3 million jobs lost under President Trump. "
"We also must address the climate crisis, and I will not rest until we get to the bottom of the role of the fossil fuel industry in causing the crisis and promoting disinformation to block meaningful climate action," she said.
Ranking member Rep. James Comer (R-KY) speaks at a hearing with the House Committee on Oversight and Reform in the Rayburn House Office Building on November 16, 2021 in Washington, DC. The hearing was held to discuss how federal agencies are combatting cyber threats and criminal hackers. (Photo by Anna Moneymaker/Getty Images)
Maloney, Khanna and other Democrats have compared the fossil fuel industry to the tobacco industry, saying it has covered up information showing how the industry has impacted a "global climate crisis" that has become "increasingly dire."
"As worsening natural disasters linked to global warming devastate communities in the United States and globally, one of Congress’s top legislative priorities is combating the increasingly urgent crisis of a changing climate," the chairs said in a Sept. 16 statement. "To do this, Congress must address pollution caused by the fossil fuel industry and curb troubling business practices that lead to disinformation on these issues."
PENNSYLVANIA BRACES FOR HUGE ENERGY PRICE HIKES AS WINTER LOOMS
About two months after launching their investigation, President Biden on Nov. 17 called for the Federal Trade Commission to probe whether oil and gas companies are engaging in criminal conduct by profiting from artificially high prices at the pump, even as wholesale fuel costs decline.
BP, Shell, Chevron, and ExxonMobil reported nearly $2 trillion in profits over about 30 years, as Maloney and Khanna noted in a September press release.
Biden – under mounting political pressure with inflation at the highest rate in more than three decades – urged FTC Chair Lina Khan in a letter to investigate potential wrongdoing by the industry, alleging "mounting evidence of anti-consumer behavior" by the companies.
BIDEN ASKED CHINA TO RELEASE OIL RESERVES TO EASE PRICES
"The bottom line is this: gasoline prices at the pump remain high, even though oil and gas companies' costs are declining," Biden said. "The Federal Trade Commission has authority to consider whether illegal conduct is costing families at the pump. I believe you should do so immediately."
Republicans have criticized a number of the president's decisions as they relate to energy and climate change, including his orders to cancel construction of the Keystone XL pipeline, increase royalty rates for oil and gas leases on federal land and waive sanctions on Russia's Nord Stream II pipeline.
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The Labor Department reported earlier this month that the consumer price index (CPI) climbed 6.2% year over year in October. The increase marked the largest annual gain since November 1990. Prices rose 0.9% month over month.
Energy prices jumped 4.8% last month, and were up 30% over the past year. The October increase was largely the result of a 6.1% rise in the cost of gasoline. [WENT NEG ON COVID?1]
FOX Business' Megan Henney contributed to this report.
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an 720
https://www.alternet.org/2020/07/valerie-jarrett-battles-fox-news-host-on-obama-spying-claims-youre-making-statements-that-havent-been-proven/
Valerie Jarrett, a former adviser to President Barack Obama, clashed with Fox News host Maria Bartiromo over alleged “spying” on the Trump 2016 campaign.
During an interview on her Fox Business program Mornings with Maria, Bartiromo berated Jarrett about whether Obama had directed the FBI to target then-candidate Donald Trump’s campaign.
Bartiromo preemptively dismissed Russia’s “meddling” in U.S. elections on behalf of Trump.
“That’s been going on for decades as you know,” the Fox News host said. “I’ve gone to Russia many times and have been watching this happen for decades. So we all know that Russia has been trying to meddle."
"But now we’re talking about a very serious situation,” Bartiromo opined, steering the interview away from Russia. “We have a criminal investigation underway. People could go to jail. Do you believe if [former FBI Director] Jim Comey knew that the dossier was fake and garbage and he kept going, re-upping warrants to spy on the Trump campaign that he should go to jail?”[vid?]
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https://www.alternet.org/2020/03/how-right-wingers-and-trump-apologists-could-get-people-killed-with-coronavirus-disinformation-columnist/
no lnx
How right-wingers and Trump apologists could ‘get people killed’ with coronavirus disinformation: columnist
Written by Alex Henderson March 10, 2020
As the death toll from coronavirus continues to climb — passing 4,200 worldwide on Tuesday, according to John Hopkins University in Baltimore — many figures in the United States’ right-wing media believe that their job isn’t to provide accurate information but to defend President Donald Trump at every turn. And by doing so,Never Trump conservative Max Boot asserts in his Washington Post column, they are helping to make a bad situation even worse.
“President Trump has been widely and correctly excoriated for the way he is dealing with the novel coronavirus,” Boot notes. “By minimizing the danger, he heightens it. Even on Monday, Trump was comparing covid-19 to the ordinary flu — even though its mortality rate appears to be many times higher and its economic effect infinitely greater.”
Boot quickly adds, however, that “Trump could not spread disinformation all by himself.”
“A herd of right-wing pseudo-journalists has jumped the shark along with him,” Boot writes. “They are promulgating narratives so at odds with reality that they are likely to get people killed.”
Boot goes on to cite some examples, including familiar Trumpistas at Fox News and Fox Business.
“On Monday,” Boot notes, “Trish Regan was on Fox Business denouncing coronavirus concern as ‘yet another attempt to impeach the president.’ In her demented view, Trump’s opponents are deliberately inducing stock-market losses — presumably, Democrats don’t own 401(k)s — in an attempt to ‘to demonize and destroy the president.’Naturally, Trump — Fox News viewer No. 1 — retweeted her diatribe.”
Breaking911
@Breaking911
Fox Business’ Trish Regan says coronavirus is a “scam” to “impeach the President”
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Boot is equally critical of Fox News’ Sean Hannity, who insisted on Monday that the president’s critics are trying to “bludgeon Trump with this new hoax” and that they are “scaring people unnecessarily.”
“To a lot of viewers,” Boot asserts, “it will sound as if Hannity is calling the virus a hoax, even if that’s not what he intended.”
Boot also slams radio host Rush Limbaugh as “irresponsible” for claiming that reporting on coronavirus is a plot to hurt Trump’s reelection campaign. However, one right-wing media figure who Boot cites as an “outlier of sanity” on coronavirus is Fox News’ Tucker Carlson. Boot points out that although Carlson is “often the most rabid host on Fox,” he hasn’t been downplaying the severity of coronavirus and has correctly warned his viewers, “This is real.”
Boot concludes his column by stressing that whenever right-wing media figures try to make coronavirus seem less dangerous than it is, they are putting their more gullible viewers or listeners in danger.
“The ‘conservative’ media have long shown their contempt for facts and science — for instance, by playing down the danger of climate change or Russian election attacks,” Boot warns. “Never has their contempt for the truth been more dangerous than it is today. To defeat coronavirus, we must first combat the mental afflictions — irrationality, conspiracy-mongering and Dear Leader-like devotion to Trump — spread by exposure to right-wing media.”
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https://www.alternet.org/2019/10/fox-news-guest-calls-impeachment-a-secret-ritual-conducted-by-a-cult-headed-by-high-priestess-pelosi/
no lnx
Fox News guest calls impeachment a ‘secret ritual’ conducted by a ‘cult’ headed by ‘high priestess’ Pelosi
Written by David Badash / The New Civil Rights Movement October 30, 2019
Fox News Business channel’s Maria Bartiromo Wednesday morning interviewed pro-Trump guest Lee Smith who told the top anchor the House impeachment inquiry is a “secret ritual” where Speaker Pelosi is the “high priestess” and Chairman Schiff the “high priest.”
“Here is how I see what we’re calling the impeachment process, inquiry — I see it as a secret ritual conducted by a cult,” Smith told Bartiromo (video below). “I mean, they’re doing most of this in secret. And I think it’s worthwhile thinking of Speaker Pelosi as the high priestess of the cult, and Adam Schiff as a high priest of the cult.”
“And the purpose of the cult is to protect the swamp and what the swamp has done,” he adds.
Smith appears to not understand how investigations are conducted, or how President Trump has grown the swamp.
Smith is author of the book, “The Plot Against the President: The True Story of How Congressman Devin Nunes Uncovered the Biggest Political Scandal in U.S. History,” which is currently number one on Amazon’s list of Political Commentary & Opinion books. It does not appear to be listed as fiction.
The Amazon page for his book says he was given “unprecedented access to Congressman Devin Nunes, former head of the House Intelligence Committee, to expose the deep state operation against the president–and the American people.”
Last year The Daily Beast ran a profile of Maria Bartiromo, declaring: “Once a titan of apolitical financial reporting, Bartiromo has made an unmistakeable pivot toward conspiratorial and occasionally alt-right-assisted Trump cheerleading.”
Eric Kleefeld
@EricKleefeld
Fox Business guest: "Here is how I see what we're calling the impeachment process, inquiry — I see it as a secret ritual conducted by a cult … And I think it's worthwhile thinking of Speaker Pelosi as the high priestess of the cult, and Adam Schiff as a high priest of the cult."
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