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Intervention

Economics

Ackman’s Quest To Ruin Herbalife Is Cronyism At Its Worst

For five years, billionaire hedge fund manager Bill Ackman has attempted to bring Herbalife, a global nutrition and weight management company, to the brink of financial ruin—all for his personal financial gain. Fortune reported that, back in 2012, Ackman’s Pershing Square Capital Management took a $1 billion short position in Herbalife’s stock, expressing his belief that Herbalife was a “pyramid scheme.” He claimed that he would give proof the very next day. In an apparent victory for Ackman’s short position, Herbalife’s stock lowered 10 percent within six seconds, causing the company to issue a temporary trading halt. Ackman offered a… Keep Reading

News

Uncuckable: Tucker Carlson Takes Down Russia Sensationalist And Neocon Shill In Back-to-Back Shows

Fox News host and ratings kingpin Tucker Carlson orchestrated a stunning takedown of two neoconservative pundits on back-to-back nights over the topic of Russia. He debated FOX News contributor Ralph Peters and Council on Foreign Relations fellow Max Boot this week. Both Tucker Carlson Tonight guests argued successively that Russia represented an existential national security threat to the United States–one even more dangerous than that of the Islamic State–with Boot attesting the leftist conspiracy theory that Russia had stolen the 2016 US Election. Peters in particular proved beholden to grandiose moral equivocations. He informed Carlson that he “sounded like Charles… Keep Reading

News

The North Korean Problem Exacerbates Tensions Between US And China

President Donald Trump’s bellicose approach to handling relations with North Korea does not appear to be paying off. China is unimpressed with Trump’s threats and saber-rattling, and is sticking with their diplomatic approach to handling the authoritarian regime. “There’s been a lot of wishful thinking on the U.S. side that China was coming around in its approach,” said John Delury, a Seoul professor who studies North Korean affairs. Trump previously made remarks that China was coming around on North Korea, and the nation was willing to mirror his tough approach toward the repressive dictatorship. Trump’s optimistic talk turned out to… Keep Reading

Politics

Congress Will Make Sure Taxpayers Keep Sending Money To Terrorists

One of the few elected Democratic lawmakers with an extensive anti-war record, Rep. Tulsi Gabbard (D-Hawaii), has combined forces with Sen. Rand Paul (R-Kentucky) to push legislation that would ban federal agencies from using taxpayer-backed funds to provide weapons, training, intelligence, or any other type of support to terrorist cells such as al-Qaeda, ISIS, or any other group that is associated with them in any way. The Stop Arming Terrorists Act is so unique that it’s also the only bill of its kind that would also ban the government from funneling money and weapons through other countries that support, whether… Keep Reading

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