ISSUES & HOT TOPICS

ECONOMY

The Results of California’s New $20 Fast Food Minimum Wage Are Already In

By Jon Miltimore Thousands of jobs have already been eliminated by California’s law to raise the minimum wage to $20 for restaurant workers, which goes into effect April 1. For eight years, Michael Ojeda delivered food for a Pizza Hut in Ontario, California, using the income he received to support his family. In December, the 29-year-old received […]

Bidenomics In One Lesson: Latest Job Gains Fueled By Foreign-Born Workers, Gov’t Employees

By The Daily Caller Huge job gains reported by the Bureau of Labor Statistics (BLS) in March were fueled largely by increases in government positions and employment of foreign-born workers. The government added 71,000 jobs in March, a new all-time record and above the average of 52,000 over the last 12 months, bringing the total […]

New England’s Last Coal Plants Set to Close

By The Geller Report “And ultimately the impact is going to be less reliable electricity, higher prices for Americans … it’s going to have a disproportionate impact on the poor.” — Ayn Rand, Return of the Primitive: The Anti-Industrial Revolution. “There’s a concerted effort to shift away from reliable sources of electricity generation to unreliable […]

Ford Puts Dent In Biden’s Plans To Expand EVs

By The Daily Caller Ford Motor Corporation announced Thursday that it would be delaying the production of new electric vehicle (EV) models as domestic demand for electric cars falters, despite heavy federal investment. Ford joined General Motors and Mercedes-Benz in reeling in its EV production strategy, pivoting instead to producing more hybrid vehicles, according to a Thursday press release. The high-profile […]

California Raises Minimum Wage to $20 Per Hour, Massive Layoffs Ensue, Businesses Close

By The Geller Report This week, California raised the minimum wage for fast food workers to $20/hour. The bloodbath has already begun. Pizza Hut, Mods Pizza closed five of their CA branches, Fosters Freeze shut down and laid off all their employees. Vitality Bowls cut their staff in half and hiked their menu prices by […]

EXCLUSIVE: Exec At U.S. Battery Manufacturer Pictured At Chinese Communist Party Meetings

By The Daily Caller A director of an American firm that’s building battery manufacturing plants in the U.S. has been pictured attending multiple Chinese Communist Party (CCP) meetings, according to a Daily Caller News Foundation review of the website of the firm’s China-based parent company. Gotion Inc., the California-based subsidiary of Chinese battery manufacturer Gotion […]

Chinese-Owned Chemical Giant Expanding Into US Heartland Led By Members Of Communist Party, Influence Orgs

By Philip Lenczycki Top executives behind a Chinese chemical manufacturer planning to build two U.S. factories belong to the Chinese Communist Party (CCP) and affiliated influence outfits, a Daily Caller News Foundation investigation has found. Capchem Technology USA, the wholly-owned subsidiary of China-based Shenzhen Capchem Technology (Capchem), is slated to build a $120 million factory in Ohio […]

California Restaurants Closing Fast — Communism Does Not Work!

By Geoff Ross The Communist government operating out of Sacramento California is following the Hugo Chavez/Maduro playbook the former and current installed presidents of Communist controlled Venezuela. My beautiful Venezuelan wife left Venezuela and was granted asylum in Colombia before relocating to the United States as a permanent legal resident. She has watched her former […]

Swing-State Voters Overwhelmingly Trust Trump Over Biden On Pivotal Issues Ahead Of November Election: POLL

By The Daily Caller Former President Donald Trump is leading President Joe Biden by large margins on key domestic issues across seven battleground states ahead of the November election, a poll released Tuesday evening found. Trump is trouncing Biden by 20 points on handling of the economy, border security, inflation and the “mental and physical […]

The Tailspin of American Boys and Men

By Brenda M. Hafera American males are turning off, and tuning and dropping out. Many boys and men are struggling to flourish in their roles as sons, students, employees, and fathers, and to achieve the sense of purpose that comes from being rooted within marriages, communities, churches, and country. Much of the literature on the […]

Ignoring Social Security Will Not Fix Its Problems

By Neland Nobel Democrats have long touted Social Security and Medicare as the crown jewels of both the New Deal and The Great Society.  While both parties have voted for these programs, their design and implementation have, for better or worse, largely been a project of the Democrat Left in this country. If they can […]

New Website ‘Biden-Mart’ Shows Americans the True Costs for Everyday Items under Biden

By Dr. Rich Swier “It’s the economy stupid!” — James Carville A new website “Biden-Mart” has been launched. It allows visitors to click on twenty-nine everyday items, from apples to zucchini, to see the difference between their costs under Joseph Robinette Biden, Jr. and Donald J. Trump. The Biden-Mart website states, “Putting food on the […]

Bruised BlackRock Slapped with Cease and Desist for Lying to Investors

By Family Research Council It had been a relatively quiet 2024 for embattled BlackRock CEO Larry Fink — until about two weeks ago. Texas, in a massive blow to his woke firm, pulled the pin on an $8.5 billion dollar grenade, announcing that it was following through on its threat to drop Fink’s services where its school […]

‘A Horrible Precedent’: Experts Say Trump Civil Fraud Case Endangers Businesses, Rule of Law

By Family Research Council In the wake of a highly controversial and unprecedented civil fraud case brought against former President and presumptive Republican presidential nominee Donald Trump, a leading economist is saying the case is an example of a “two-tiered justice system in America,” and experts say it will likely have a chilling effect on […]

Review of Climate: The Movie (The Cold Hard Truth)

By Peter Murphy Editors’ Note:  The film reviewed by CFACT we have viewed and think is excellent.  It is factual and scientific, but easily understood by a layperson.  A link is provided in the third paragraph.  View the movie.  You will enjoy it and be better informed for doing so. Our (mankind’s) ability to control […]

The Panic Over Climate Change Is Not Catching On

By Thomas C. Patterson The Great Climate Change Revolution is headed for failure. You can tell that because it is already in big trouble before the ultimate heavy lifting has even started. International accords, (i.e. Paris Agreement) passed with great fanfare to ensure cooperation on emissions reductions, are ignored by most of the signers, notably […]

Louisiana trumps the WHO: No Pandemic Treaty in our state!

By Cherie Zaslawsky One of the scariest swords of Damocles hanging over our heads is the World Health Organization’s “Pandemic Treaty,” which gives the WHO carte blanche in dictating “health” policy and more to every nation fool enough to sign it. Of course Biden is chomping at the bit to do so. There is a […]

Marxist Attorney General of New York Letitia James Ignored New York City’s Over Priced Home Values

By Geoff Ross The Attorney General of New York, Letitia James a racist Marxist Trump hating cockroach has used her positional authority to unconstitutionally attack President Trumps free market entrepreneurial spirit by trying to bankrupt him and steal his properties to cover a bond on her fraudulent prosecution against him. She accused Trump of over […]

FDA loses in court in campaign against Ivermectin COVID-19 treatment

By O’Keefe Media Group Starting 2021, the FDA mounted a campaign against ivermectin – an inexpensive, Nobel Prize-winning medication that showed promising signs in the early treatment of COVID-19. While the death toll from this campaign is difficult to calculate, the impact was far-reaching. The campaign was used as fuel to terminate employment of doctors […]

Dem Megadonor SBF Sentenced To 25 Years In Prison

By The Daily Caller Convicted cryptocurrency fraudster Sam Bankman-Fried on Thursday received a prison sentence of 25 years. A jury found Bankman-Fried guilty on seven counts of fraud and conspiracy-related charges in November and the New York probation department’s sentence recommendation was 100 years in prison, according to a February court filing pleading for a lighter sentence. Bankman-Fried’s lawyer […]

China’s Economic Facade is Cracking

By Samuel Gregg Not so long ago, commentators across the political spectrum were warning us that China’s economy was set to surpass America’s. The United States needed, one Senator claimed, “a 21st -century pro-American industrial policy,” to ward off this existential threat. Such rhetoric was reminiscent of the late-1980s, when a slew of books appeared to warn […]

The Most Splendid Housing Bubbles in America (March 2024 Update)

By Wolf Richter Biggest Price Drops from 2022 Peak: San Francisco, Seattle, Portland, Denver, Phoenix, Dallas, Las Vegas 20-City Index drops for 3rd month in a row, forming Double Top.  Only Washington DC sets a new all-time high. The home price index for the 20 metros that the S&P CoreLogic Case-Shiller Home Price Index covers declined […]

Chinese-Owned Chemical Giant Expanding Into U.S. Heartland Led By Members Of Communist Party, Influence Orgs

By The Daily Caller Top executives behind a Chinese chemical manufacturer planning to build two U.S. factories belong to the Chinese Communist Party (CCP) and affiliated influence outfits, a Daily Caller News Foundation investigation has found. Capchem Technology USA, the wholly-owned subsidiary of China-based Shenzhen Capchem Technology (Capchem), is slated to build a $120 million factory in […]

Looking to get your book published? There’s none better than Peppertree Publishing in Sarasota, Florida

By Dr. Rich Swier We had the great pleasure of speaking with Julie Ann Bakkar, founder and publisher of Peppertree Publishing in Sarasota, Florida. As Julie Ann likes to say, “We are here for you!” And they are, trust me, because they published my latest book. Julie Ann, along with her colleague Teri Lynn Franco, […]

Young People Aren’t Nearly Angry Enough About Government Debt

By Laura Williams Young people sometimes seem to wake up in the morning in search of something to be outraged about. We are among the wealthiest and most educated humans in history. But we’re increasingly convinced that we’re worse off than our parents were, that the planet is in crisis, and that it’s probably not […]

Biden’s New Rule on Auto Emissions Will Accelerate Death Spiral for Auto Manufacturers

By Ronald Stein For one of the wealthier countries on this planet, America, with 330 million that represents about 4% of the world’s 8 billion on this planet, President Biden is speeding ahead with EV mandates to ditch most new gas cars by 2030. Biden may not be cognizant that 80 percent of the 8 […]

Digital World Acquisition Corp. Stockholders Approve the Proposed Merger With Trump Media & Technology Group Corp.

By Dr. Rich Swier MIAMI, FL / ACCESSWIRE / March 22, 2024 / Digital World Acquisition Corp. (“Digital World” or the “Company“) announced today that the Company’s stockholders voted to approve, among other things, the proposed merger (the “Merger” and together with the other transactions contemplated by the Merger Agreement, as defined below, the “Business Combination“) […]

Trump Social Media Company Merger APPROVED, Trump’s Windfall Upwards of $3 Billion or More

By The Geller Report Shareholders have just voted to make Trump Media & Technology Group, the parent company of Truth Social, a publicly traded company. This could net Trump a windfall of $4 billion. The President would need to seek a waiver to liquidate his stock before the end of a lockup period in order […]

Biden’s New Zero Agenda Spells Trouble Down On The Farm And Supermarket

By Bonner Cohen Feeling the heat from farmers dumping manure in front of government buildings across the Continent, European Commission President Ursula von der Leyen is pumping the brakes on a pillar of the European Union’s Net-Zero climate policy and withdrawing an EU-wide bill that would force farmers to reduce the use of chemical pesticides […]

How Did American Capitalism Mutate Into American Corporatism?

By Jeffrey Tucker In the 1990s and for years into our century, it was common to ridicule the government for being technologically backwards. We were all gaining access to fabulous things, including webs, apps, search tools, and social media. But governments at all levels were stuck in the past using IBM mainframes and large floppy […]