June 18, 2026

06 Market

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Biden Creating Booming Economy… For Immigrants

pgnewser June 11, 2024 0

The Bureau of Labor Statistics has released a report that shows 637,000 non-Americans are working in America during a period of time when 300,000 Americans lost their jobs. Economist E.J. Antoni is also claiming native-born jobs are still millions below pre-pandemic levels while foreign-born jobs have increased by millions since Feb. 2020.

Antoni stated, “No wonder Americans view economy so terribly: they aren’t the ones [with] the jobs; native-born employment is not only millions below pre-pandemic trend, but even below pre-pandemic level, while millions more foreign workers are employed today than Feb ’20, and back to trend.”

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Excerpt from lidblog.com

A new report finds that Joe Biden’s “great jobs” have mostly gone to illegal aliens and more illegals have gotten jobs than American citizens.

The latest Bureau of Labor Statistics report released last week told us that there are 637,000 non-American citizen workers in the country. Yet nearly 300,000 native-born Americans lost their jobs during the most recent period.

Pere Townhall:

Economist E.J. Antoni told The Federalist that the government has added a significant amount of jobs that are primarily only held by foreign-born workers, leaving Americans struggling to look for jobs.

 

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Biden Claims He Isn’t Coming After Gas Stoves, but Experts Says Otherwise

pgnewser June 11, 2024 0

While the Biden administration continues to deny that its “building electrification” agenda will lead to gas stoves being banned in the name of allegedly saving the planet from man-made climate change, experts continue to raise the red flag.

Dan Kish, a senior research fellow for the Institute for Energy Research, is warning the public that the administration’s claims are false. He told Daily Caller, “The whole ‘building electrification’ effort is part of the centralized control impulse of people who gravitate to government or stand to cash in on the latest fad, irrespective of its costs or impacts on regular Americans. It’s also part of the ‘electrify everything’ agenda of planners and masterminds. The U.S. established a Constitutional Republic to limit government control, and yet control freaks want to tell us how to live by expanding the government’s reach.”

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Excerpt from americanactionnews.com

The Biden administration contends that it is not targeting gas stoves and other domestic conveniences afforded by fossil fuels, but its “building electrification” agenda is poised to effectively do just that, several energy policy experts told the Daily Caller News Foundation.

The notion that the federal government would like to ban gas stoves is a “myth” and “misinformation,” according to the Department of Energy (DOE), which uploaded the blog post in May 2023 after Consumer Product Safety Commission Commissioner Richard Trumka Jr. suggested that a gas stove ban is “on the table” in a January 2023 Bloomberg interview. However, the administration is also working to advance its “building electrification” agenda that would bring about similar outcomes under a different name, energy policy experts told the DCNF.

Top CEOs who answer to shareholders ‘don’t want to risk public blowback’ for supporting Trump, despite billionaires lining up to back him, analyst says– www.aol.com

pgnewser June 11, 2024 0

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Excerpt from www.aol.com

While some Wall Street billionaires are openly supporting Donald Trump’s bid to return to the White House, most top executives at publicly traded companies are a different story, according to Pangaea Policy founder Terry Haines.

The former president’s conviction on 34 felony counts by a New York jury will lead to a “measurable but small drip, drip, drip away from Trump” among the overall electorate, he told Bloomberg TV on Friday after telling clients in note that it will also make attracting serious financial and political backing on Wall Street harder.

That’s despite billionaires like Blackstone CEO Stephen Schwarzman and Miriam Adelson supporting Trump, with and Pershing Square CEO Bill Ackman slamming the hush-money trial and reportedly leaning toward endorsing Trump too.

Bill awaiting Gov. Pritzker’s signature aims to improve birth equity in Illinois– www.wgem.com

pgnewser June 11, 2024 0

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Excerpt from www.wgem.com

SPRINGFIELD (WGEM) – Black women in Illinois are three times as likely to suffer from a pregnancy-related medical condition compared to white women according to the Illinois Department of Public Health (IDPH). It’s why Illinois Gov. JB Pritzker and Lt. Gov. Juliana Stratton, both Democrats, worked with state lawmakers to pass a bill aimed at improving birth equity and outcomes across the state.

“Black women are three times more likely to die from pregnancy-related complications, but it’s not just about Black women,” Stratton said. “We think about women in rural communities, and in so many ways where all women deserve access to affordable and accessible health care, and so the birth equity initiative does that.”

The bill would require private insurance companies to cover all pregnancy, postpartum and newborn care provided by perinatal doulas or licensed certified professional midwives. This includes home births, home visits and support during labor.

Trump claims credit for Biden’s insulin price cap– www.cnbc.com

pgnewser June 11, 2024 0

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Excerpt from www.cnbc.com

Former President Donald Trump on Saturday recognized that the price of insulin is lower under President Joe Biden, but he still wants voters to credit his own administration.

“Low INSULIN PRICING was gotten for millions of Americans by me, and the Trump Administration, not by Crooked Joe Biden. He had NOTHING to do with it,” Trump wrote in a Truth Social post. “It was all done long before he so sadly entered office. All he does is try to take credit for things done by others, in this case, ME!”

The comment comes as Trump lags Biden on the issue of health care, a top voter priority as the November election nears.

For example, a May survey from KFF, a nonpartisan health policy research group, found Biden with an 11-point lead over Trump on the question of ensuring access to affordable health insurance.

A Leftist Billionaire Vowed To ‘Reimagine Capitalism.’ Then He Colonized A Federal Agency.– www.dailywire.com

pgnewser June 10, 2024 0

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Excerpt from www.dailywire.com

In September 2020, the Omidyar Network, the activism vehicle of former eBay chief Pierre Omidyar, issued a “Call to Reimagine Capitalism in America,” bemoaning “structural racism, colonialism, paternalism,” and proposing to build “an explicitly anti-racist and inclusive economy.”

Omidyar was spending millions of dollars, largely funneled through dark money groups, to put Joe Biden in the White House. After his election victory, one of Omidyar’s groups, called Reset, explained how it would use the Biden presidency to implant its people to pursue its goals, specifically targeting agencies it believed had sway.

“Most promisingly, the Biden administration may open the door for specific actions on antitrust and competition policy in the Justice Department and Federal Trade Commission,” it said, adding that it would “support a constellation of organizations working on research, communications, and advocacy to ensure they are more than the sum of their parts.”

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Trump Co-Defendant Gets Day in Court to Access 2020 Election Ballots

pgnewser May 30, 2024 0

A Trump co-defendant in the Fulton County GA Election Fraud case has won his day in court before Fulton County Superior Court Judge Scott McAfee.

The judge has granted Harrison Floyd a hearing on his petition to have access to 500,000 ballots to prove his efforts to “expose” 2020 election fraud were based in fact, it was NOT an attempt to overthrow a legitimate election, as he and former President Donald Trump (along with others) has been charged with doing.

ED.NOTE: The article excerpted below is a clear example of DNC-CCP agit prop using the crypto-noramlizing technique when it uses such phrases as “debunked voter fraud theories,” a tactic of importing an opinion as a foregone conclusion fact everyone already agress with.

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Excerpt from www.kake.com

 A Fulton County judge will allow a co-defendant of Donald Trump in the Georgia election subversion case to continue his effort to access thousands of 2020 ballots to argue debunked voter fraud theories.

Harrison Floyd, who led the organization Black Voices for Trump in 2020, argued during a hearing Tuesday that he should not have been charged in the racketeering case because his concerns about voter fraud and questions about the election results were legitimate.

Trump lost to President Joe Biden in Georgia by more than 12,000 votes.

Floyd’s attorneys are pushing to access more than 500,000 ballots from Fulton County, claiming they intend to produce “evidence” that thousands of votes were improperly excluded from the final vote tally.

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ConocoPhillips and Marathon Merger Follows Hess-Chevron Merger

pgnewser May 30, 2024 0

ConocoPhillips and Marathon Oil announced a merger worth $22.5 billion. “This acquisition of Marathon Oil further deepens our portfolio and fits within our financial framework, adding high-quality, low cost of supply inventory adjacent to our leading US unconventional position,” ConocoPhillips chairman and chief executive Ryan Lance said.

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Excerpt from www.leighjournal.co.uk

The deal is valued at 22.5 billion dollars (£17.6 billion) when including 5.4 billion dollars (£4.2 billion) in debt.

Crude prices have jumped more than 12% this year and the cost for a barrel rose above 80 dollars this week.

Peltz Dumps Disney

pgnewser May 30, 2024 0

After failing to make an impact on Disney during the recent shareholders’ meeting, activist investor Nelson Peltz is washing his hands of the mouse. Peltz was seeking to get a seat on the board but lost his bid to current CEO Bob Iger’s handpicked board members.

Peltz sold his stake at $120 a share for a total of $1 billion. The move by Peltz is a possible signal to many that he has little to no faith that Disney will turn things around, which would first require the company to reject its woke ideological activism.

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Excerpt from www.hollywoodreporter.com

Billionaire activist investor Nelson Peltz has sold his stake in The Walt Disney Co., nearly two months after losing a bruising and expensive proxy battle with the entertainment giant.

CNBC reported Wednesday that Peltz, the founding partner of hedge fund Trian Partners, had disposed of his entire stake in Disney for $120 a share, worth $1 billion.

In January, Peltz, who through Trian and various other partners, such as former Marvel Entertainment chairman Ike Perlmutter, controlled $3.5 billion of Disney stock, officially launched a proxy fight with Disney to win a seat on the company’s board. The investor was sharply critical of the management of the company, particularly the high costs associated with the streaming business, as well as the direction Disney was taking under CEO Bob Iger.

Peltz ultimately failed in his attempts to be selected for the company’s slate of board nominees in April. Peltz’s exit will therefore be seen as a victory for Iger after the proxy fight became a battle for the soul of the company and cost both Disney and Trian tens of millions.

The Democratic Bill To Raise Drug Prices By Protecting Patent Trolls– www.forbes.com

pgnewser May 30, 2024 0

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Excerpt from www.forbes.com

Reducing prescription drug prices has long been a goal of Democrats in Congress and the White House. But in a strange twist, a group of Senate Democrats—along with one Republican—has backed a bill that would increase drug prices by preventing people from challenging weak or invalid patents.

 

Senate panel authorizes subpoenas for records from Meta, Alphabet, and TikTok– cbsaustin.com

pgnewser May 30, 2024 0

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Excerpt from cbsaustin.com

A Senate committee tasked with looking into election security policies gave the green light to ask for records from certain big tech companies, including the potential for subpoenas, in a hearing on Wednesday.

The Senate State Affairs committee, chaired by Sen. Bryan Hughes, R- Mineola, unanimously passed a resolution authorizing subpoenas for Alphabet, the parent company of Google; Meta, the parent company of Facebook and Instagram; TikTok; X, formerly known as Twitter; and “any other relevant company or entity.”

Harrison Butker doubles down on commencement speech at Catholic gala – Catholic World Report– www.catholicworldreport.com

pgnewser May 30, 2024 1

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Excerpt from www.catholicworldreport.com

Kansas City Chiefs’ kicker Harrison Butker doubled down on his May 11 Benedictine College commencement speech comments during a Catholic home schooling association’s gala in Nashville, Tennessee, on Friday.

“If it wasn’t clear that the timeless Catholic values are hated by many, it is now,” Butker, a three-time Super Bowl champion and the 2019 NFL scoring leader, said during the May 24 Regina Caeli Academy’s Courage Under Fire Gala.

Butker faced some pushback on social media and from commentators and celebrities for comments about gender ideology, gender roles, homosexuality, abortion, and other hot-button issues during the commencement speech.

Analyst Who Predicted Retail Apocalypse Warns U.S. Economy Months from Collapse– lidblog.com

pgnewser May 30, 2024 0

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Excerpt from lidblog.com

 

The CEO who correctly predicted the predicted the retail apocalypse currently buffeting America has a new warning about the U.S. economy that is even more worrisome.

Former boss of Home Depot and Chrysler Bob Nardelli says that Joe Biden’s horrible policies are going to cause major problems at the end of this year and into 2025.

“What I’ve seen over the past three-and-a-half years is that a series of debacles and missteps have created a tremendous pressure on the fault lines of our economy, and they’re about ready to crack,” he told Fox Business Network.

First-quarter GDP growth revised down to 1.3% rate– www.washingtonexaminer.com

pgnewser May 30, 2024 0

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Excerpt from www.washingtonexaminer.com

The economy expanded at a 1.3% seasonally adjusted annual rate in the first quarter of this year, the Bureau of Economic Analysis reported Thursday in a downward revision.

Economists had expected a slight downward revision in the second update, with the consensus forecast expecting GDP growth to be pruned to 1.2%. First-quarter GDP has fallen three-tenths of a percentage point since the preliminary report.

The latest update, the second of three, shows that first-quarter GDP growth was lower than the preceding quarter’s 3.4% clip.

Progressive Groups Urge Democrats To Reject AIPAC Money Amid Israeli ‘Assault On Gaza’– sg.news.yahoo.com

pgnewser May 30, 2024 0

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Excerpt from sg.news.yahoo.com

A coalition of progressive groups has called on Democrats to reject political donations from the American Israel Public Affairs Committee because it has aggressively targeted progressives who have been critical of Israel.

“We have watched as AIPAC has done everything it can to silence growing dissent in Congress against [Israeli leader Benjamin] Netanyahu’s assault on Gaza ― which has killed over 31,000 Palestinians ― even as Democratic voters overwhelmingly support a ceasefire and oppose sending more blank checks to the Israeli military,” the Reject AIPAC coalition said in a statement.

The statement referred to reports that AIPAC is preparing to spend tens of millions of dollars on the 2024 elections and that the group’s top contributors include Republican Party megadonors.

The coalition is made up of about 25 organizations, including Justice Democrats, the Working Families Party, the Democratic Socialists of America, US Campaign for Palestinian Rights Action, Jewish Voice for Peace Action, Our Revolution and the Sunrise Movement.

Labour Poll Lead Grows Even After Tory Policy Blitz, YouGov Says– uk.news.yahoo.com

pgnewser May 30, 2024 0

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Excerpt from uk.news.yahoo.com

(Bloomberg) — Keir Starmer’s opposition Labour Party extended its poll lead over the Conservatives even as Rishi Sunak’s party unveiled a series of pledges intended to build momentum early in UK election campaigning, YouGov said.

Labour was 27 points ahead of the Tories in the survey by YouGov, which was commissioned by Sky News and conducted from May 27 to May 28. The poll, with a sample size of 2,128 adults, found 47% of voters backing Labour, compared with 44% three days earlier. Tory support fell two percentage points to 20%.

Reality check: Democrats get Bidenomics backward– www.theblaze.com

pgnewser May 30, 2024 0

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Excerpt from www.theblaze.com

 

Without a doubt, Bidenomics has been a disaster for American families, with no relief in sight as the November election approaches. Yet, Joe Biden and his supporters have done everything they can to gaslight and spin their economic disasters and the country’s overall economic malaise into a cause for celebration.

One cheerleading Democrat after another has tried to manufacture an alternate reality. Pay no attention to your skyrocketing bills. Never mind the tech layoffs. Inflation? What inflation? Perhaps the most outlandish spin so far comes courtesy of Brian Beutler, a senior editor at the New Republic, in a Substack essay titled, “Biden Beat Trumpflation and the Trump Crime Wave.”

Jill Biden urges Americans ‘to choose good over evil’ in the election– www.kake.com

pgnewser May 30, 2024 0

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Excerpt from www.kake.com

“This election is not about age,” the first lady said. “I mean, Donald Trump’s going to be, what? 78? Joe’s 81. They’re basically the same age, right? But it’s about character. This election is about character, so you have two choices — you have my husband, Joe, who you all know, who has integrity, he’s strong, he’s steady, he’s a leader, he’s smart, he’s energetic — or you have chaos.”

The four Disney execs who could succeed CEO Bob Iger as Keeper of the Magic Kingdom– au.news.yahoo.com

pgnewser May 29, 2024 0

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Excerpt from au.news.yahoo.com

Bob Iger has had a tough job at The Walt Disney Company during his 17-year term as CEO, leading the beloved and multi-billion dollar kingdom through a pandemic, scandals, the rise of online streaming, and more recently, his own successor.

A prince in not-so-shining armour, Bob Chapek was passed the mantle by Mr Iger in 2020, who quickly swooped back in less than three years later after a string of film flops and poor management costing the organisation millions of dollars.

Mr Iger plans to hand the crown over (this time permanently) in 2025, so he needs to make sure this next choice sticks.

Powerschool CEO Gulati Hardeep sells over $940k in company stock By Investing.com– www.investing.com

pgnewser May 29, 2024 0

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Excerpt from www.investing.com

 

Powerschool Holdings, Inc. (NYSE:PWSC) CEO Gulati Hardeep has recently sold a significant amount of company stock, according to the latest filings. The transactions, which occurred on May 24 and May 28, involved the sale of 44,734 shares of Class A Common Stock for a total value exceeding $940,000.

On May 24, Hardeep sold 4,900 shares at a weighted average price of $21.03, with prices ranging from $21.00 to $21.09. A few days later, on May 28, an additional 39,834 shares were sold at an average price of $21.17, within a price range of $21.00 to $21.43. These sales were made pursuant to a Rule 10b5-1 trading plan, which allows company insiders to set up a predetermined plan to sell stocks at a time when they are not in possession of material non-public information.