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‘Obamacare is a 100% Democrat Policy. It’s Always Been’: Kevin Hassett [WATCH]
Kevin Hassett, director of the National Economic Council, said recent wage gains are not enough to offset what he described as the financial damage caused by the policies of Joe Biden. In a recent discussion, Hassett outlined how real wages have changed this year and criticized Democratic approaches to health care and consumer costs. Hassett said purchasing power has increased but still falls short of the losses families experienced. “Purchasing power has gone up that so real wages that’s w divided by P, for our technical people of the audience, have gone up by about $1,200 this year,” he said. He described the gain as only partial progress after earlier losses. “So the way to think about it is that we’ve dug a $3,000 hole because of Biden policies, and we’ve, you know, gained $1,200 on the way out already, which should give you a great deal of hope for the future, that the wage increases that we’re seeing will continue, and even if inflation stays positive, make it so that people feel way better when they go to the grocery store and to buy a car.” Hassett pointed to consumer costs and said the administration has taken steps to bring expenses down in specific areas. “You know, we’ve reduced the cost of buying a car with the deductibility of interest,” he said. This Could Be the Most Important Video Gun Owners Watch All Year He added that multiple policy actions are in motion. “I mean, there’s a million things that we’re doing to fix this problem, but it’s just kind of astonishing to be the cost problem is somehow being blamed on us.” He then shifted to the Affordable Care Act, arguing that its design and later changes under Democratic leadership pushed prices higher. “Now think about it, especially with the Obamacare thing. So Obamacare is 100% democratic policy. It’s always been 100% democratic policy,” Hassett said. He criticized the expansion of subsidies during COVID-19. “What they did is they expanded the subsidies during covid and then all those subsidies basically went right into the pockets of insurance companies, and Obamacare insurance policies have doubled in price relative to normal policies, and so the fastest inflation in the economy is these big government subsidies thrown at Obamacare insurance.” Hassett compared the pattern to other federally backed programs. “Think about it’s kind of like if you give lots of student loans, then the tuition goes up. It’s that effect,” he said. He argued that Democrats are now directing blame at the Trump administration instead of addressing the underlying issues. “And so now they’re blaming President Trump for Obamacare as well. They should have fixed Obamacare in the first place,” he said. Hassett said former President Donald Trump had advanced a plan that would have changed how subsidies were distributed. “President Trump had a plan in the big, beautiful bill to give people some subsidies, but the Democrats didn’t like it, because the subsidies weren’t going to their campaign contributors, the insurance companies,” he said. The comments reflect ongoing disagreements over health-care policy, consumer costs, and the long-term effects of economic decisions made under each administration.
https://www.lifezette.com/2025/11/obamacare-is-a-100-democrat-policy-its-always-been-kevin-hassett-watch/
Pop Singer Kiki Kramer Has Released Her New Single ‘Shot in the Dark’
Nov. 18 2025, Published 1:46 a.m. ET Pop singer Kiki Kramer has released her new single “Shot in the Dark,” accompanied by an official music video directed by the legendary Marc Klasfeld. Using witty lyrics and a catchy sound, the song pokes into the messy side of modern dating. “Kramer describes the track as “a campy, mid‑tempo ballad about willingly signing up to be someone’s rebound. “You know nothing long‑term will come of it, but you still say ‘f*** it — what if?’ and go along with it anyway.” The track pairs a deceptively upbeat and cutesy vocal line with a melancholic guitar‑driven outro, revealing “the quiet tragedy of sacrificing your own emotional needs just to feel wanted – all masked beneath an air of free‑spirited spontaneity.” Inspired by New York City nightlife, kawaii fashion, astrology, and the dating perils of the i‑Generation, Kramer’s style blends vulnerability, internet culture, and heartbreak into sharp, self‑aware pop storytelling. Her debut single, “Relevant,” introduced her as one of pop music’s most intriguing new voices and earned praise from outlets including Glamglare and Imprint Magazine. “Relevant” surpassed 600,000 combined audio and video views, landed on SiriusXM’s Pop Off!, featured across multiple MTV platforms, and played in thousands of retail stores in 160 countries. Following that success, Kramer sold out club shows in New York City and Los Angeles and reached 45,000 new TikTok followers in just a month. Originally from Northern California, Kramer studied drama at NYU’s Tisch School of the Arts before taking a leave to pursue music full-time. After her mother’s passing, she immersed herself in New York nightlife and built a grassroots following. She now works with former Geffen/MCA Records executive Jordan Schur’s Suretone Records. Her forthcoming single continues the blend of hyper‑pop energy and indie pop. She prepares to release a full debut album in 2026 that explores craving connection, relevance, and love in a world that never stops scrolling.
https://radaronline.com/p/pop-singer-kiki-kramer-has-released-her-new-single-shot-in-the-dark/
Body of missing San Diego fisherman, YouTuber found in Mexico waters
The Ocean Beach community is mourning the loss of beloved fisherman and YouTuber Mikey Rijavec, known for his channel SD Fish and Sips, whose body was found days after issuing a distress call. Rijavec set out from the coast of Baja California, Mexico, on Nov. 11 for what was supposed to be just a routine day for him. Around 2: 30 p. m., he made a mayday call, reporting engine trouble about eight miles from shore. Moments later, the call went silent. Searchers later found his 14-foot skiff drifting five miles from land, its outboard motor missing. The discovery sparked a massive rescue effort, uniting the Mexican Navy, the U. S. Coast Guard, and dozens of private boats from both sides of the border. His brother Gregory Rijavec quickly launched a GoFundMe campaign to fund fuel and aircraft for the search, writing that the community was “scrambling to use all resources available” to bring Mikey home. Donations and messages from concerned family, friends and fans poured in, and they raised over $40,000. On Nov. 17, their fears were confirmed when Rijavec’s body was found near San Cristóbal in Baja California Sur. According to NBC San Diego, Phil Friedman, a fellow angler, podcaster and close friend of the missing boater, confirmed that he had received the news from Rijavec’s father. He said through SD Fish and Sips, Mikey shared his passion for fishing, conservation, adventure, and building a loyal following that extended far beyond San Diego. “He’s an adventurer. He pushes the envelope. That’s part of what we love about him,“ Friedman said.
https://timesofsandiego.com/life/2025/11/18/body-of-missing-san-diego-fisherman-youtuber-found-in-mexico-waters/
Layoff notices flared in October across much of U.S., Fed report shows
Nearly 40,000 Americans in 21 states received an impending layoff notice last month, new data from the Federal Reserve Bank of Cleveland shows.
https://www.cbsnews.com/news/layoffs-warn-notices-october-employment-economy-federal-reserve-report/
Noteworthy ETF Outflows: EVLN
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Eaton Vance Floating-Rate ETF (Symbol: EVLN) where we have detected an approximate $149.0 million dollar outflow — that’s a 10.1% decrease week ove
https://www.nasdaq.com/articles/noteworthy-etf-outflows-evln
IWM December 2nd Options Begin Trading
Investors in iShares Trust – iShares Russell 2000 ETF (Symbol: IWM) saw new options begin trading today, for the December 2nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the IWM options chain for the new December 2nd contracts and identi
https://www.nasdaq.com/articles/iwm-december-2nd-options-begin-trading
U.S. Stocks Extending Yesterday’s Slump Amid Ongoing AI Bubble Worries
Stocks have moved sharply lower during trading on Tuesday, extending the notable downward move seen over the course of the previous sessions. The major averages have all shown significant moves to the downside, tumbling to their lowest intraday levels in a month. Currently, the major averages are just off their lows of the session. The Dow is down 589. 14 points or 1. 3 percent at 46, 001. 10, the Nasdaq is down 378. 30 points or 1. 7 percent at 22, 329. 78 and the S&P 500 is down 77. 90 points or 1. 2 percent at 6, 594. 51. Weakness among technology stocks continues to weigh on Wall Street amid a continued decline by market leader and AI darling Nvidia CEO Sundar Pichai said there has been some “irrationality” in the current AI boom and warned “no company is going to be immune” if the AI bubble were to burst. Traders are also looking ahead to the release of some U. S. economic data that was delayed by the government shutdown, including the September jobs report on Thursday. On the U. S. economic front, the Commerce Department released a report showing a significant rebound by new orders for U. S. manufactured goods in the month of August. The report said factory orders jumped by 1. 4 percent in August after tumbling by 1. 3 percent in July. The rebound was in line with economist estimates. Sector News Computer hardware stocks are turning in some of the market’s worst performances on the day, with the NYSE Arca Computer Hardware Index plunging by 4. 6 percent. Semiconductor and software stocks are also seeing substantial weakness, contributing to the steep drop by the tech-heavy Nasdaq. Outside of the tech sector, considerable weakness is visible among retail stocks, as reflected by the 1. 8 percent loss being posted by the Dow Jones U. S. Retail Index. Home Depot (HD) has helped lead the retail sector lower, tumbling by 4. 2 percent after reporting weaker than expected third quarter earnings and cutting its full-year earnings guidance. Other Markets In overseas trading, stock markets across the Asia-Pacific region moved sharply lower during trading on Tuesday. Japan’s Nikkei 225 Index plunged by 3. 2 percent, while Hong Kong’s Hang Seng Index dove by 1. 7 percent. The major European markets have also shown significant moves to the downside on the day. While the French CAC 40 Index is down by 2. 3 percent, the German DAX Index is down by 2. 0 percent and the U. K.’s FTSE 100 Index is down by 1. 6 percent. In the bond market, treasuries are extending the modest upward move seen in the previous session. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, is down by 3. 3 basis points at 4. 100 percent. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
https://www.nasdaq.com/articles/us-stocks-extending-yesterdays-slump-amid-ongoing-ai-bubble-worries
BitMine Stock Drops Again As Ethereum Loses Key $3,000 Level
Key Insights: BitMine (BMNR) stock price dropped 10% today and 37% this month after Ethereum fell below $3,000. The stock now watches the $23. 32 support, which sits about 25% below current levels. One RSI signal hints that selling pressure may slow, but weak money flow keeps the risk high. BitMine (BMNR) stock has fallen again as Ethereum dropped under $3,000 for a short time. The stock is down about 10% today and has fallen 37% in the last month. This fall has also increased BitMine’s paper loss because the company holds a large amount of ETH. Now the question is simple: can the stock find support soon, or will it drop another 25% toward the next major level? Ethereum’s Drop Has Increased BitMine Paper Loss BitMine (BMNR) holds about 3. 55 million ETH. This is a very large amount. Its average cost for the ETH is around $4,017. But Ethereum now trades near $3,120 after falling 3. 8% in the last 24 hours and 15. 8% in the past week. ETH price even dipped below $3,000 for a short time. When the price drops this fast, the company’s paper loss grows quickly. The loss is now close to $3. 19 billion. However, this is not a real loss unless they sell, but it still makes investors nervous. The weak price action in Ethereum has also pushed the BMNR stock price under the important $35 support. This level held for a few days. Once it broke, the next support showed up near $23. 32. If the BitMine stock falls to this point, it would be about a 25% drop from where it trades today. BitMine Stock: Money Flow Is Weak, but One Strength Signal Appears Money flow for the stock remains negative. The CMF indicator, which shows if money is entering or leaving an asset, is near -0. 38. A negative reading means more money is leaving than entering. CMF also broke below its trendline. This shows that selling pressure from big wallets has been rising for some time. Even with this weakness, one small positive sign has appeared on the chart. Between 27 June and 17 Nov., the BitMine stock made a higher low, but the RSI made a lower low. RSI measures strength in price moves. When price and RSI move in opposite ways like this, it can mean that selling pressure is slowing down. It does not guarantee a rebound, but it shows that buyers may be watching the current levels closely. If selling slows near $23. 32, the stock may try to bounce again. Also, this form of hidden RSI divergence hints at broader trend continuation. And it is positive for the BitMine (BMNR) stock price, considering its nearly 900% upmove over the past six months. The Bigger Trend Is Still Strong if Support Holds BitMine stock has a very strong longer-term trend. It is still up more than 867% in the last six months and up 321% this year. This shows that the company has grown a lot during this cycle. The uptrend can stay alive if the stock holds the $23. 32 support and forms a clean bounce. If that happens, buyers may return slowly as Ethereum also tries to recover. But if the BMNR stock falls under $23. 32, the drop may continue before the next recovery attempt starts. This level is important because it decides whether BitMine stays in its strong trend or enters a deeper correction. For now, the stock sits between weak money flow, rising paper loss, and one early sign of strength on the RSI. How it behaves near $23. 32 will tell traders what comes next. The post BitMine Stock Drops Again As Ethereum Loses Key $3,000 Level appeared first on The Coin Republic.
https://bitcoinethereumnews.com/ethereum/bitmine-stock-drops-again-as-ethereum-loses-key-3000-level/
Crypto Market Down? Perfect Time to Get In Milk Mocha Crypto Presale Before It Explodes!
The Milk Mocha ($HUGS) whitelist has closed after capturing the attention of fans and crypto enthusiasts around the world. What started as a webcomic about two bears sharing love and laughter has now become one of the most talked-about presales of 2025. The project blends creativity, emotion, and blockchain technology in a way that feels […] The post Crypto Market Down? Perfect Time to Get In Milk Mocha Crypto Presale Before It Explodes! appeared first on Blockonomi.
https://blockonomi.com/crypto-market-down-perfect-time-to-get-in-milk-mocha-crypto-presale-before-it-explodes/
