“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
June 6, 2023
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Legacy Media Illegally Colluded With Big Tech to Censor News Publishers: Lawsuit
Some of the oldest media organizations in the world illegally colluded with Big Tech companies to censor news publishers, according to a new lawsuit. Reuters, the Associated Press, the BBC, and the other organizations violated U.S. law with the collusion, which was done after forming a new coalition called the Trusted News Initiative (TNI), the…
Congress Bill Wants AI Content to Be Labeled
June 6, 2023
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Content created by Artificial intelligence (AI) could soon be labeled as such, as a bill has been prepared in Congress for its regulation. Rep. Ritchie Torres (D-N.Y.) is planning to introduce a bill that will require any content produced by AI—whether it be text, image, or video—to have a disclaimer attached to it informing that…
Twitter’s New CEO Linda Yaccarino Logs First Day in Role
Twitter’s new Chief Executive Officer Linda Yaccarino has begun her role at the social media company, she said in a tweet late on Monday, about a month after Elon Musk named her as the new CEO. “It happened—first day in the books!” she posted on Twitter, without providing further details. Yaccarino, the former advertising chief…
Apple Unveils Sleek ‘Vision Pro’ Goggles
CUPERTINO, Calif. — Apple on Monday unveiled a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter’s ability to popularize new-fangled devices after others failed to capture the public’s imagination. After years of speculation, Apple CEO Tim Cook hailed the arrival of the sleek goggles…
Apple Unveils ‘Vision Pro’ Virtual Reality Headset
June 5, 2023
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CUPERTINO, Calif.—Apple on Monday unveiled a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter’s ability to popularize new-fangled devices after others failed to capture the public’s imagination. After years of speculation, Apple CEO Tim Cook hailed the arrival of the sleek goggles—dubbed “Vision Pro”—at…
‘Dangerous, Offensive, Disgusting’: Sen. Tim Scott Takes Aim at ‘The View’ Hosts Over Racial Claims
June 5, 2023
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Presidential hopeful Sen. Tim Scott (R-S.C.) blasted hosts on “The View” for their claims about race, which Scott called “dangerous, disgusting, [and] offensive.” During a June 5 appearance on the show, Scott got into a heated exchange with co-host Sunny Hostin about the progress made by black Americans over the past several decades. He accused…
[Premiering 6/6, 7:30PM ET] David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
June 5, 2023
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American Thought LeadersbidenBusiness & MarketsBusinesses in COVID-19CCP VirusCompaniesDavid Stockmandebt ceilingdebt crisisDebt Limit BillDemocratsDonald Trumpeconomic policieseconomyEpochTVExecutive BranchFederal Reservehigh inflationHouse Majority Leader Kevin McCarthyinflationinterest ratesLive VideosMarketsMedia & Big Techpersonal financePolicies & ImpactsPoliticspublic debtRepublicansUSUS NewsVideo
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American Thought LeadersbidenBusiness & MarketsBusinesses in COVID-19CCP VirusCompaniesDavid Stockmandebt ceilingdebt crisisDebt Limit BillDemocratsDonald Trumpeconomic policiesEconomyEpochTVExecutive BranchFederal Reservehigh inflationHouse Majority Leader Kevin McCarthyinflationinterest ratesLive VideosMarketsMedia & Big Techpersonal financePolicies & ImpactsPoliticspublic debtRepublicansUSUS NewsVideo
“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
Fox News Feels the Pain One Month After Tucker Carlson’s Exit
June 4, 2023
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Fox News has seen its primetime ratings decline year-over-year in May since Tucker Carlson’s sudden departure about six weeks ago, according to an analysis. Nielsen ratings show that the network has seen a 37-percent year-over-year decline to 1.42 million during the primetime hours of 8 p.m. and 11 p.m., according to reports from Mediaite and…
NBC’s Chuck Todd Will Step Down as Host of ‘Meet the Press’
NBC News’ Chuck Todd announced he is stepping down as the host of Sunday’s “Meet the Press,” he announced on June 4. Todd has spent the past nine years as the moderator of the Sunday show, frequently interviewing politicians about various issues. His tenure will end at the end of the summer, Todd said. Replacing…
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