Donald Trump’s response to the affordability crisis is “stunning” for its failure to account for political risks, according to an economics expert. Gene Sperling, a senior Biden adviser who also led the National Economic Council in the Obama and Clinton administrations, appeared on MS NOW on Thursday where he was asked about Trump’s recent comments in which the president mocked the very concept of “affordability. You know, his response to this is just so stunning, just from kind of a political self-interest point,” he said before explaining that Biden himself faced criticism for trying to brag about economic successes when people weren’t feeling them at home. “And it’s striking how many Americans understand what tariffs are and that they are raising your prices,” he said. “So what’s kind of stunning is he didn’t learn any lesson. And now, at a time when he has an economy that is very iffy, very iffy. Job numbers, not particularly strong. He’s not just deemphasizing affordability. He’s mocking it.”.
https://www.rawstory.com/trump-affordability-2674315620/
Tag Archives: donald
‘Uncontrollable rage’: Trump calls for ‘no talent’ Seth Meyers to be fired after criticism
Donald Trump on Saturday declared war on yet another late-night TV host. Over the weekend, the former president took to Truth Social, his own social media platform, to lash out at Seth Meyers.
“NBC’s Seth Meyers is suffering from an incurable case of Trump Derangement Syndrome (TDS),” Trump wrote.
“He was viewed last night in an uncontrollable rage, likely due to the fact that his ‘show’ is a Ratings DISASTER.”
Trump didn’t stop there. He added, “Aside from everything else, Meyers has no talent, and NBC should fire him, IMMEDIATELY!”
https://www.rawstory.com/trump-biden-firing-federal-workers/
Donald Glover Inducts Outkast Into Rock & Roll Hall of Fame
Donald Glover delivered a special introduction to Atlanta rap pioneers OutKast during their Rock & Roll Hall of Fame induction. For the performance segment of the iconic Southern duo’s induction, Tyler, the Creator, Doja Cat, J. I. D., and Janelle Monáe joined Big Boi on stage to perform a medley of the group’s biggest hits, including “Ms. Jackson,” “B.O.B (Bombs Over Baghdad),” and “Hey Ya.”
Earlier this year, it was announced that the former duo—comprised of André 3000 and Big Boi—would be inducted into the 2025 Rock Hall class, alongside other notable artists such as Salt-N-Pepa, The White Stripes, Cyndi Lauper, Soundgarden, and more.
To commemorate OutKast’s entry into the Rock & Roll Hall of Fame, GAS released official OutKast trading cards available exclusively on Complex.
OutKast’s discography includes six studio albums, starting in 1994 with *Southernplayalisticadillacmuzik*, followed by *ATLiens* in 1996, and *Aquemini* in 1998. Their last album was the 2006 *Idlewild* soundtrack. Over the past decade, the duo has reunited on several occasions for live performances. Notably, 2024 marks the 25th anniversary of their landmark album *Stankonia*.
Since 2010, Big Boi has steadily released solo and collaborative albums, while André 3000 has contributed occasional rap verses to albums by artists such as Kanye West and A Tribe Called Quest. In 2023, André released his debut instrumental album, *New Blue Sun*.
https://www.complex.com/music/a/jaelaniturnerwilliams/donald-glover-inducts-outkast-into-rock-roll-hall-of-fame
Trump’s Media Company Set To Roll Out Polymarket-Like Prediction Market on Truth Social
Donald Trump appears to be getting back into the casino business, in a manner of speaking. This time, however, it won’t be Atlantic City slot machines and roulette tables.
On Tuesday, the president’s media firm, Trump Media & Technology Group Corp. (TMTG), announced a partnership with the digital asset exchange Crypto to launch a new product called “Truth Predict.” This platform will enable Truth Social users to bet on a wide range of future events such as election outcomes, sports, and commodity prices.
These wagers will take the form of prediction contracts, which are typically priced in cents and represent the percentage of confidence bettors have in a potential outcome. If a bet is correct, the contract settles for $1, but if incorrect, it goes to zero.
TMTG’s new offering will enter a competitive space alongside existing prediction markets like the US-regulated Kalshi and Polymarket. Polymarket, headquartered in New York, has not offered services to US customers since settling with the Commodity Futures Trading Commission (CFTC) in 2022. Truth Predict plans to launch in the US first and then expand internationally “once all the requisite requirements are met.” Beta testing is set to begin soon, according to Tuesday’s announcement.
Notably, President Trump was the largest shareholder in TMTG before transferring 114,750,000 shares—valued at approximately $4 billion—to a trust controlled by his son, Donald Trump Jr., following his general election victory last year. However, SEC filings suggest that President Trump maintains indirect control over these shares.
Digital prediction markets raise several complex philosophical questions. Supporters argue that decentralized forecasting holds significant value by providing a window into what the general public truly expects, free from corporate and political influences. Ethereum founder Vitalik Buterin shared his perspective on X last year, saying, “The point of Polymarket is that from the perspective of traders, it’s a betting site, but from the perspective of viewers it’s a news site. There are all kinds of people (including elites) on Twitter and the internet making harmful and inaccurate predictions about conflicts, and being able to go and see if people with actual skin in the game think that something has a 2% chance or a 50% chance is a valuable feature that can help keep people sane.”
Nevertheless, these platforms face criticism, especially for hosting “war markets” where users can bet on ongoing or potential geopolitical conflicts. For example, Polymarket currently estimates a 3% chance of “Will China invade Taiwan in 2025?” and a 14% chance of “Will the U.S. invade Venezuela in 2025?”. While the present level of liquidity in such markets is unlikely to influence real-world outcomes, critics warn that if enough money flows into these markets, it could incentivize powerful interests to manipulate events—such as assassinations, coups, or wars—to affect betting outcomes.
Zach Rynes, a community liaison for the decentralized oracle network Chainlink, commented on X last year: “It’s an extreme example, but any prediction market about an influenceable event will start to either incentivize action or subsidize the inevitable if sufficiently liquid enough, even if that wasn’t the original intention. If these markets traded with $100 million+ liquidity, would that change the outcome? Maybe not, but if insider traded, would they not be subsidizing war? I don’t think prediction markets are passive observers; their existence influences outcomes when operating at scale.”
To comply with regulations, the CFTC prohibits event contracts related to terrorism, assassination, war, or other illegal activities. As a result, US-approved firms don’t offer direct invasion markets like those found on Polymarket. However, controversial incentives remain present in some markets. For example, on Kalshi, users can wager on the number of deportations during Trump’s first year in office or whether leaders such as Venezuelan President Nicolás Maduro will remain in power through 2025. To dissuade wagers on assassination, Kalshi notes that in the event of Maduro’s death, the market would pay out the last traded price rather than settling at $1 or zero.
These controversial incentives may become even more complex on a prediction markets platform closely affiliated with a sitting or former president of the United States.
Gizmodo reached out to Truth Social for comment and will provide updates if a response is received.
https://gizmodo.com/truth-social-prediction-market-2000677813
‘First time that’s happened’: Black farmer leader blames Trump for ‘humiliating’ new low
John Boyd Jr., president of the National Black Farmers Association, has accused Donald Trump of “betraying” American farmers who supported him. Speaking on MSNBC on Saturday, Boyd stated bluntly, “The president of the United States sold out farmers. He sold us out to Argentina, to his friend.” He described the situation as “humiliating.”
Boyd highlighted a growing frustration among farmers, noting, “Farmers for the first time have become very outspoken on the president’s leadership.” Contradicting Trump’s recent claims of agricultural success, Boyd said, “Farmers are doing that bad. We are not doing great.”
He further detailed the hardships faced by the farming community under Trump’s leadership, saying, “Farm foreclosures are up, farm suicides are up, farm bankruptcies are up, and all of this happened within the last 10 months of this president’s leadership.” Boyd emphasized the sense of betrayal felt by many, adding, “A whole lot of farmers voted for this president and they feel strongly betrayed.”
Addressing specific challenges in the soybean market, Boyd revealed, “The actual soybean market is not moving. I had to stop harvesting my soybeans because the grain elevators are full and not accepting anymore soybeans.” He stressed the severity of the situation by noting, “That’s the first time that’s happened and I’ve been a farmer in this country for 42 years.”
https://www.rawstory.com/trump-black-farmer-humiliating/
‘Liars and smear artists’: Major NYPD announcement leads to mockery of Republicans
Donald Trump, Mike Johnson, and other top Republicans were told to “eat crow” on Saturday after the New York Police Department (NYPD) contradicted a popular right-wing narrative.
More than 100,000 people in New York gathered for the “No Kings” pro-democracy protests that took place across the U.S. over the weekend. The GOP had hyped the notion that these protesters would be violent or even labeled as “terrorists.” However, in New York, that narrative did not hold true, according to NYPD News.
“The majority of the No Kings protests have dispersed at this time and all traffic closures have been lifted,” the NYPD account reported. “We had more than 100,000 people across all five boroughs peacefully exercising their First Amendment rights, and the NYPD made zero protest-related arrests.”
This announcement led to widespread mockery online. Ex-prosecutor Ron Filipkowski sarcastically remarked, “So no terrorism then? Every single No Kings protest, all 2,500+ of them across the country, made Mike Johnson and House Republican leadership look like lying sacks of [expletive] for all the bulls**t they spewed out of their mouths about it this week. Again. Not very Christian,” he added.
Conservative commentator Bill Kristol weighed in as well, stating, “You know who should just f___ off? Mike Johnson and all those other Trumpist liars and smear artists.”
PatriotTakes, a group dedicated to monitoring and exposing right-wing extremism and threats to democracy, noted, “Wait, Republicans said these were all violent terrorists.”
No Lie with Brian Tyler Cohen also chimed in: “NYPD announces that zero arrests were made at the massive No Kings protests today after Republicans spent days claiming the protestors are violent terrorists.”
Jon Favreau joked, “Wow, NYPD covering up for Antifa smdh.”
Professor Adam Cochran highlighted the significance of the NYPD’s restraint, stating, “Wow, NYPD (not known for being easy going) made ZERO arrests related to protesting in one of the largest NY protests ever. Turns out being against fascism has NOTHING to do with violence!”
The peaceful nature of the protests and the NYPD’s zero-arrest report serve as a strong rebuttal to the GOP’s prior claims, sparking discussions about misinformation and political rhetoric surrounding nationwide demonstrations.
https://www.rawstory.com/liars-nypd-gop/