Economy

CNN Lemon Rages At “Rich” Trump Supporters Who Don’t Want To Pay More Taxes Under Biden

How dare people have enough “disposable income to spend on fun”

Published

5 months ago

21 October, 2020

Steve Watson

Screenshot

In an exchange with fellow CNN host ~~Fredo~~ Chris Cuomo Tuesday night, Don Lemon raged at supporters of President Trump, accusing them of pretending to have financial anxieties, and not wanting to pay more taxes so they can spend more money on having “fun”.

Lemon was reacting to a segment from Cuomo’s broadcast highlighting Trump supporters participating in a dune buggy rally in Oregon.

“Boat parades, car caravans, bike parades. What attendees have in common is disposable income to spend on fun,” spewed reporter Ellie Reed, adding “While Trump’s working-class supporters have gotten a lot of attention, in 2016 a third of his voters made more than $100,000 a year.”

Lemon pounced on the footage, proclaiming that “It kind of dismantles that whole thing about economic anxiety was the reason that Trump got elected. Those people have no economic anxiety. They’re rich.”

“I want to be able to buy a $20,000 dune buggy. But I don’t want to help people who may be in need,” Lemon snarked, taking on the persona of what he believes Trump supporters are like.

“I want to be able to buy whatever which is fine, but just own up to it. And stop pretending the reason is economic anxiety,” Lemon lectured, adding “But just be honest about what your intentions and what you think and stop pretending that it is something else.”

Watch:

Calling it “selfishness” that people like to spend more money having fun, the host declared “I don’t mind paying more taxes for people who are not doing well, to help other people out. This is America. I will be okay. How much do I need? I can cut back. I can pay more.”

Not all heroes wear capes.

Only in the mind of a champagne socialist like Lemon does paying more taxes to the vastly bloated and wasteful federal government ‘help other people who are not doing well’.

The man lives in a huge swank pad in Sag Harbor. Has he been paying extra taxes or has he also been spending his vast CNN income on the good life?

Nevertheless, Lemon’s sermon continued as he preached “So, as Americans, as people, especially if you believe in the Christian values that you espouse, you’re supposed to do unto others and help others.”

“So, I do that as much as I can. I don’t like it, but I don’t mind it in a way because I am blessed and fortunate enough to be in this position to make this amount of money where I am — I have the privilege, I have the privilege, to be able to do that,” Lemon exclaimed.

Lemon finished his lecture by painting all Trump supporters as super rich frat boys racing around in yachts, a notion that is blatantly ridiculous.

“So, maybe you buy one less dune buggy, maybe you buy one less fancy car. Maybe you buy one less boat, maybe you buy one less yacht. Maybe you buy one less apartment, one less mansion. But how much money do you really need? That’s all I got to say.” Lemon concluded.

Economy

Rand Paul: Democrat ‘Class Warfare Wealth Tax Will Destroy Our Country’

“The class warfare people need to get a grip on what happens”

Published

4 days ago

3 March, 2021

Steve Watson

Screenshot

Senator Rand Paul has warned that a Democrat proposed ‘wealth tax’ is fundamentally “un-American” and will kill off entrepreneurship.

Appearing on Fox Business, Paul spoke about the ‘extreme’ plan being pushed by Sen. Elizabeth Warren, urging that “A wealth tax will destroy our country.”

Watch:

“It’s not good for our country,” Paul said explaining that “This class warfare, punitive stuff that some of these Democrats want – it’s un-American.

“It’s bad for business and it’s bad for everybody,” Paul continued, adding “Because capitalism uplifts all.”

The plan would see higher taxes on the “rich”, with Bloomberg News analysis concluding that the 100 richest Americans would have their income shrink by $78 billion per year.

The plan would impose a 2% annual tax on the net worth of households worth $50 million and above, as well as an additional 1% tax on holdings of $1 billion upwards.

Paul argued that “capitalism, trade and division of labor” in the US means it has a poverty level that is one of the lowest internationally.

The Senator pointed to other countries that have attempted wealth taxes, and failed.

“The class warfare people need to get a grip on what happens,” Paul declared, adding “When they take over, we become Venezuela and I don’t want that for our country either.”

Economy

China Created More Billionaires Than Every Other Country Combined During Pandemic

259 new billionaires broke into the club during 2020.

Published

4 days ago

2 March, 2021

Paul Joseph Watson

Qianlong.com via Getty Images

Continuing its rapid post-COVID economic recovery, it has been revealed that China created more billionaires in 2020 than the rest of the world combined.

According to the Hurun Global Rich List, 259 billionaires broke into the exclusive club, meaning China now boasts a total of 1,058 billionaires and is the first country in the world to break the 1,000 level.

In comparison, the United States created 70 new billionaires in 2020, although people who were already billionaires like Jeff Bezos and Bill Gates saw their profits surge during the pandemic.

“China – the country where Covid first emerged and which has been accused of covering up its early spread, leading to the pandemic – has seen its economy boom while the rest of the world’s finances have been hammered by the disease,” reports the Daily Mail.

JUST IN – An extra 259 billionaires were created in #China in 2020, more than the rest of the world combined, as the Communist country's economy outpaced all among the pandemic (Daily Mail) pic.twitter.com/JlWwjKlT8U

— Disclose.tv 🚨 (@disclosetv) March 2, 2021

As we highlighted back in December, China is also set to outstrip every other country in terms of GDP growth over the next two years.

“A graph proposing GDP projections for various nations and areas showed that China was the only nation on the list to enjoy real GDP growth in 2020, with 1.8%, 8% in 2021 and 4.9% in 2022,” reported Sputnik.

In reality, China ended up posting even better numbers for 2020 with a 2.3% GDP rise, the only major economy in the world to grow at all last year.

“In comparison, the United States, having suffered a 3.7% drop in 2020, is set to achieve 3.2% and 3.5% real GDP growth in 2021 and 2022 respectively.”

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Economy

Viral Reddit Post From ‘Robinhood Insider’ Claims White House Pressured Broker to Block Buying of GameStop Shares

WallStreetBets community warns post may be a ploy to panic people into selling.

Published

1 month ago

28 January, 2021

Paul Joseph Watson

SOPA Images via Getty Images

A post claiming to be from a Robinhood employee that has gone viral on Reddit alleges that the White House put pressure on the broker to halt buying of GameStop shares.

Retail traders were left fuming earlier today when Robinhood and other trading platforms curbed buying of stocks that the Reddit community WallStreetBets has targeted in its bid to bankrupt hedge funds.

Many saw this as a blatantly corrupt, and potentially criminal, move to rig the rules in order to protect the interests of multi-billionaire Wall Street financial interests that stand to lose vast sums of money if the stocks don’t plummet in value.

Now a person claiming to be a Robinhood employee claimed on Reddit that the Biden administration contacted the broker to pressure it to close trading on GME. The post has since gone viral, receiving over 23,000 upvotes.

The full post is reprinted below;

I work for Robinhood. Don’t kill me.

Low-level, technical shit, comp sciences major, not finance side.

Guess what we overhead today?

Vladimir, yes founder Vladimir, and the C-Suite, received calls from Sequoia Capital and the White House that pressured into closing trading on GME etc. I guarantee you the same took place at E-Trade and the others who closed trading.

File reports on the SEC page. If I wasn’t scared to be out of work in a pandemic I’d quit. I’m disgusted. We all need to rise up, this is as bad as it gets when we talk about how the rich get one set of rules, and the rest of us get screwed over, and over, and over again left to bail them out and pick up the tab for their trillion dollar tax breaks. We need to pile pressure on every government and financial institution involved in this travesty of justice.

I’m taking a massive career risk even posting here but fuck these motherfuckers.

The Biden White House said it was “monitoring” the GameStop situation yesterday but hasn’t announced any action publicly.

Over on the WallStreetBets Reddit forum, the consensus seems to be that the post is not believable, and may even be a ploy to panic GameStop stock holders into selling.

Meanwhile, in an email sent out in the last hour, Robinhood says it will allow “limited buys” of GameStop and other similar stocks tomorrow.