Sam Seder / Majority Report discusses the presidential campaign of business mogul Donald Trump and his “war” with NBC and Univision.
In other news, Latino rapper Pitbull recently took aim at Trump for his ill-advised remarks on Mexican immigrants in America by declaring the would-be politician had blown his chance of becoming president of the U.S., writes kerngoldenempire.com.
Last month, at his announcement that he would run for President, Trump suggested many Mexicans in the U.S. are “rapists” and “criminals.”
As a result of his controversial remarks, bosses at networks NBC, Univision and Televisa decided to dump coverage of his Miss USA pageant, which aired to low ratings over the weekend.
On Thursday, Spanish-language network Univision held its annual Premios Juventud Awards, and Cuban-American star Pitbull received the first prize of the night for Favorite Urban Artist, writes kerngoldenempire.com.
During his acceptance speech, Pitbull took a moment to call out Trump for his remarks, prefacing his own comments by admitting that he’s stayed at Trump’s hotels and used his helicopters.
He said, “I am not political. I am a musician. But more than anything, I am Latino.”
The Miss USA pageant ended up airing on July 12th on ReelzChannel, which is available on satellite providers DirecTV, Dish Network, and AT&T U-verse channel 799, according to NOLA.com.
After the new Supreme Court decision, Sam Seder asks if people will now be coerced into gay marriage.
“A racist teacher in Texas wants to return to segregation but claims through a hashtag that she is not racist in viral Facebook rant on McKinney,” writes Majority Report.
A fourth grade teacher at Bennett Elementary School in Wolfforth, Texas, has been ‘relieved of her duties’ by the Frenship Independent School District after posting her opinions about the McKinney pool party incident online, according to kcbd.com.
Karen Fitzgibbons shared an article to her profile stating she was “ANGRY” that police corporal Eric Casebolt resigned.
In the post, she made several references to “the blacks” as being the cause for problems and “racial tension,” writes kcbd.com.
“This makes me ANGRY!” wrote Fitzgibbons in her racist rant Wednesday about Cpl. Eric Casebolt of McKinney, Texas, according to the New York Daily News.
“This officer should not have to resign. I’m going to just go ahead and say it…the blacks are the ones causing the problems and this ‘racial tension.’ I guess that’s what happens when you flunk out of school and have no education,” she wrote, as reported by KCBD.
Fitzgibbons went on: “I’m almost to the point of wanting them all segregated on one side of town so they can hurt each other and leave the innocent people alone. Maybe the 50s and 60s were really on to something,” writes the New York Daily News.
Sam Seder / Majority Report
Many conservatives believe that if you lower taxes on the wealthy, tax revenue will go up – a core belief of “Reaganomics.” Majority Report’s Sam Seder discusses “Reaganomics” with a caller.
Who is Arthur Laffer?
Wikipedia: “Arthur Betz Laffer (//; born August 14, 1940) is an American economist who first gained prominence during the Reagan administration as a member of Reagan’s Economic Policy Advisory Board (1981–89). Laffer is best known for the Laffer curve, an illustration of the theory that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for governments.”
What is the “marginal tax rate?”
The marginal tax rate is the tax rate above a certain dollar amount earned. For example if there is a marginal tax rate of 90% at 4 million dollars per year, that means that every dollar starting at 4 million dollars would be taxed at 90%. So, if you made 5 million dollars, only 1 million would be taxed at 90%. Everything below 4 million is taxed at a different amount.
Wikipedia: “Thus, the marginal tax rate is the tax percentage on the last dollar earned. In the United States in 2013, for example, the highest marginal tax rate was 39.6%, applying to earnings over $400,000. Earnings under $400,000 that year had a lower tax rate of 33% or less.”
You can calculate “marginal tax rates” at Money Chimp here.
A new CBS reality TV show puts families in a moral quandary regarding whether to help themselves or another family with the money contents of a briefcase.
But is the show “poor shaming?” Does the show have a delusional relationship to poverty?
CBS: “CBS this summer will invite a dozen families to open The Briefcase and then decide what to do with its contents — $101,000.”
High School is free. Could college also be free? Is college free in some European countries? How would you pay for it?
Recently, Vermont Senator and presidential contender Bernie Sanders talked to CNN about free, universal college education and how he would fund it.
What is the Wall Street Sales Tax?
According to againstausterity.org:
“…Wall Street speculators pay no tax on their share of a yearly turnover of over $5 quadrillion (5,000 trillion dollars) in stocks, bonds and derivatives. A 1% tax on this turnover, equally divided between the federal and state governments, largely solves the budget deficit at all levels of government. It also discourages the most dangerous forms of speculation, especially derivatives speculation, and helps to level the playing field between financial services – which are now in effect subsidized because they are not taxed – and the tangible, physical production of manufactured goods on which our economic survival depends.”
In the video, they say the word “troglodytic.” What does troglodytic mean?
Troglodytic means of, about, or relating to a troglodyte. A troglodyte was a prehistoric cave-dweller, or “a person of degraded, primitive, or brutal character,” according to dictionary.com.
Reddit is updating its policies on harassment and bullying. They will be taking a more active role to protect individuals while hoping to maintain their hands-free approach to moderation and community building, writes the Canadian Broadcasting Corporation.
Site administrators wrote on Friday that they are changing their practices “to prohibit attacks and harassment of individuals through Reddit…”
They defined harassment as: “Systematic and/or continued actions to torment or demean someone in a way that would make a reasonable person (1) conclude that Reddit is not a safe platform to express their ideas or participate in the conversation, or (2) fear for their safety or the safety of those around them.”
Administrators praised the social media network’s growth since its launch 10 years ago and also addressed a growth in harassment directed at individuals, writs the CBC.
They addressed specifically the posting of people’s private information, or links to people’s private information, without their consent (known as doxing).
Majority Report discusses it.
Sam Seder and Majority Report discuss whether Bill O’Reilly committed spousal abuse. The news publication Gawker claims that Fox News’ Bill O’Reilly committed acts of domestic violence during his marriage to ex-wife Maureen McPhilmy.
The TPP is a subject where many on the left clash with the President of the U.S. Most of the support of the trade deal doesn’t come from the President’s own party.
Here is another look at the TPP by Majority Report, who calls it “a horrible trade deal.”
Right-wing radio host Michael Savage apparently tells radio host Alex Jones that President Obama will arm “Bloods and Crips” gang members in Baltimore in order to start a civil war. They said the riots are the beginning of the civil war. They include gratuitous Nazi references.
Does this sound extreme?