Economy Archives ⋆ MICHAELANTONIO MEDIA
Breaking News Politics 

Who’s Behind the Green New Deal? Big Money Backs Ocasio-Cortez Socialist Dream Project

The Green New Deal blueprint introduced by Rep. Alexandria Ocasio-Cortez was crafted by three far-left organizations and is being pushed by a coalition of well-funded professional progressive groups and known leftist agitators. Some of the organizations helping to promote the Green New Deal have ties to financing from billionaire George Soros and trace their roots to such radical groups as Occupy Wall Street and Black Lives Matter. Earlier this month, Ocasio-Cortez posted an 11-page Google document in the form of a nonbinding legislative resolution that has become the most authoritative…

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Breaking News Politics 

Remaining GM Workers on Edge as Layoffs End: We’re ‘Nervous and Afraid’

The remaining American workers at General Motors (GM) say they are on edge as layoffs of thousands of longtime U.S. employees have somewhat concluded at a number of the automakers’ plants. At the beginning of the month, GM executives began laying off 14,700 workers in the United States and Canada, with the majority of the layoffs concentrated in Michigan, Ohio, Maryland, Georgia, and Texas, including at least 3,300 American factory workers. These layoffs included the mass layoff of at least 4,000 American workers in white-collar jobs for GM, many of whom…

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Breaking News Politics 

GOP Establishment Squirms After Trump’s Emergency Declaration

The GOP’s business-first wing is complaining about President Donald Trump’s national emergency declaration, despite the agreement by Majority Leader Mitch McConnell to support it. The pushback began immediately after Trump announced that he would sign the flawed 2019 border security budget because he got McConnell’s agreement to support the emergency declaration. The budget — which was negotiated by McConnell’s deputies — provides funds for only 55 miles of border wall. The budget also requires that gaps be built in the wall and gives Texas Democrats a temporary veto over construction. GOP Sen. Ron…

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Breaking News Politics 

New York Times: Trump’s Border Reforms Are Working

A New York Times‘ article on the migrant caravans shows President Donald Trump’s border security reforms are successfully curbing the northward flow of migrants. One-third of the 6,000 migrants who reached the border just in the November caravan have given up their effort to cross the border, the Times says: “Data from Mexican officials suggested that harsh policies he has introduced to crack down on asylum seekers may already be achieving some of its intended effects.” The article by the establishment outlet is important because it validates Trump’s analysis and…

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Breaking News Politics 

Delingpole: Why Is Britain’s Richest Man – Sir Jim Ratcliffe – Moving to Monaco? Ask Ayn Rand…

Britain’s richest man Sir Jim Ratcliffe (worth £21 billion) is leaving the United Kingdom and the European Union for tax exile in Monaco, depriving the Treasury of up to £4 billion in tax. This is more tax than the entire bottom 40 percent of the British population pay: that’s because none of them pays any tax at all. To understand why Ratcliffe is leaving, you need only glance at the reaction on social media. Some people hate him because he’s a Brexiteer: Dyson Club – the new Bullingdon Club of…

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Breaking News 

Bokhari: Free Trade Leads to Globalized Tyranny

It’s no longer shocking to hear news like Google cooperating with state censors in Russia. As American companies seek entry into foreign markets, they are increasingly willing to appease societies that are hostile to western traditions of liberty. It’s a reminder that liberal values aren’t tied to capitalism alone, but to the people and cultures that believe in them. Google’s decision to work with Russia came after months of controversy over “Project Dragonfly,” the tech giant’s plan to create a censored search app for China. Google only backed down from that…

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Breaking News Politics 

Prager on AOC Push to Reject Amazon HQ2: ‘Leftism Is an Emotion — It’s Not a Position’

Saturday on Fox News Channel’s “Justice,” conservative radio talker Dennis Prager explained how Rep. Alexandria Ocasio-Cortez (D-NY) and her efforts to fight Amazon’s now-canceled plans to put a headquarters in New York City was emblematic of leftism’s obsession with equality. Prager called “leftism” an emotion and not a position. “Alexandria Ocasio-Cortez is a good example of the left since Marx,” he said. “This is not new. They are not liberals. They are leftists. For the left, the love of idea is much greater than the love of people. That 25,000…

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Breaking News Politics 

Nolte: Mayor Bill De Blasio Blasts Ocasio-Cortez for Killing Amazon Deal

Mayor Bill de Blasio (D-NY) ripped into Rep. Alexandria Ocasio-Cortez (D-NY) for her role in killing the deal to bring Amazon to Queens. During an appearance on WNYC radio this week, the mayor said, “As a progressive my entire life — and I ain’t changing — I’ll take on any progressive anywhere that thinks it’s a good idea to lose jobs and revenue because I think that’s out of touch with what working people want.” “I came up watching the mistakes of progressives of the past, unfortunately what happened in…

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Breaking News Politics 

#AbolishICE Helped Kill New York’s Amazon HQ Deal

Amazon’s decision to cancel its plans to build a second corporate headquarters in New York City came after left-wing activists and politicians demanded that the company advance their immigration agenda in exchange for nearly $3 billion in government subsidies. Democratic socialism advocates and New York politicians, emboldened by the leftward lurch of the Democrat Party, which the election of Rep. Alexandria Ocasio-Cortez (D-NY) crystallized, stepped up their demands on Amazon in recent weeks, according to a person briefed on the matter. One such demand included that the company pledge not…

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Breaking News Politics 

Hill Leaders Try to Rush 1,159-Page Spending Bill Through Congress in 18 Hours

GOP staffers and activists are rushing to find the political landmines buried by Democrat and Republican legislators in the seven-agency, $328 billion, 1,159-page 2019 spending bill before the House and Senate vote on the bill by the end of Thursday. One draft of the legislation was released late Wednesday night, and a second draft appeared Thursday morning with an extra ten pages. Those ten pages included an expansion of the H-2B visa worker program favored by many Republicans and some Democrats. House leaders promised a quick vote on the huge and complex legislation Thursday…

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