Corporate Price Gouging Accounts For Over Half The Inflation Rate

Update to President Biden Assails Big Oil For Price Gouging Profits. Sarah Jones reports, Factcheckers Agree With Katie Porter And Her Whiteboard That Corporate Profits Drive Inflation Price Increases: Katie Porter’s whiteboard got factchecked, and guess what. She is correct that corporate profits are behind inflation. “Claim: On average, 11.4% of inflationary price increases became … Read more

President Biden Assails Big Oil For Price Gouging Profits

Business Insider reports, Biden tries again to lower gas prices — and slams oil companies for raking in record profits ‘while a war is raging’: President Joe Biden announced Wednesday that the federal government would step in yet again to put more oil on the market and bring down still-high gas prices. That will come … Read more

British PM Liz Truss Resigns After Six Chaotic Weeks – A Cautionary Warning To American Voters

Reuters reports, Liz Truss quits after six chaotic weeks as UK prime minister: Liz Truss quit on Thursday after the shortest, most chaotic tenure of any British prime minister, forced out after her economic programme shattered the country’s reputation for financial stability and left many people poorer. UPDATE: Following Truss’ recent appointment as the prime … Read more

Katie Hobbs Calls Kari Lake “A High School Bully” and Discusses the Issues with Horizon’s Ted Simons

Katie Hobbs did not mince words throughout her close to half-hour discussion with Arizona PBS Horizon’s Ted Simons. During the interview, the Arizona Secretary of State discussed: Her refusal to debate Kari Lake. Talonya Adams. Reducing Inflation. Education. Reproductive Freedom. Immigration. Lakes Election Denialism. The Water Crisis. Addressing future Pandemics. On the refusal to debate … Read more

President Biden Kicks Off Student Loan Forgiveness Program

The AP reports, Student loan forgiveness application website goes live: President Joe Biden on Monday officially kicked off the application process for his student debt cancellation program and announced that 8 million borrowers had already applied for loan relief during the federal government’s soft launch period over the weekend. He encouraged the tens of millions … Read more