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A Democratic senator who publicly claims the economy is “moving in the right direction” under President Joe Biden placed a bet against the U.S. economy last month, according to Senate financial disclosures.
Sen. Tom Carper (D., Del.), who once punched his former wife in the face hard enough to give her a black eye , disclosed this week a purchase of up to $110,000 in shares of Ranger Equity Bear ETF, a fund that shorts stocks on the expectation that the market will decline. Investors often use short funds as a hedge against economic downturns.
The trades suggest Carper is far more bearish on the economy than he lets on in public. In July, Carper credited Biden with moving the economy “in the right direction.” On Oct. 7, he claimed the president’s “leadership” was to thank for a “huge” increase in jobs. Carper and his second wife purchased shares of the short fund on Oct. 10, according to his financial disclosures.
A Carper spokeswoman says all the family’s transactions are handled independently by a financial adviser.
“Senator Carper and his wife, Martha, have always been careful to ensure that their financial investments are handled separately by a financial advisor who makes decisions and transactions independently,” the spokeswoman said.
Democrats have scrambled to spin the economy in positive terms ahead of the midterm elections, in which they are expected to suffer heavy losses amid growing concerns over the economy and inflation. In a speech last week, Biden denied the economy is headed toward a recession and claimed “our economic recovery is continuing to power forward.”
“As I have said before, it is never a good bet to bet against the American people,” said Biden.
Carper, a member of the Senate Finance Committee, made the trades amid growing bipartisan support to ban members of Congress from trading public […]
Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker