Politics

Lion (Panthera leo) sleeping on grass in savannah in Serengeti National Park, Tanzania

When Joe Biden’s Lion Electric Stopped Roaring

Illinois Gov. J.B. Pritzker this month delivered the final indignity to one of the Biden administration’s green energy bets: Lion Electric’s former U.S. electric bus factory is being taken over by a manufacturer of conventional diesel equipment.

The U.S., Canadian, and Quebec governments poured hundreds of millions into Lion. School districts were promised buses that never arrived. In Quebec, roughly 1,200 electric buses were pulled off the road after a fire triggered safety concerns, canceling scores of bus routes and even forcing some school service centres to cancel classes.

Lion was hardly the Biden administration’s only EV debacle. Proterra followed a similar path—subsidized demand, rapid scaling, and eventual collapse.

The corporate media has largely treated these failures as nothingburgers. The policymakers who committed taxpayer money on both sides of the border should be held accountable.

Read More
Creative concept. Silhouette of gasoline pistol miniature on dark toned foggy background. Close up. Car miniature on background. Selective focus

Zero Emissions? GM’s Dismal Climate Scorecard

President Biden five years ago hailed GM CEO Mary Barra for leading the world’s EV transformation.

Today, Biden’s climate savior presides over one of the most gas-thirsty vehicle lineups in America. After President Trump’s reelection, GM was also the only major global automaker that couldn’t be bothered to publish a sustainability report.

Read More
Backside photo of confident businesspersons walking toward modern office building. Black and caucasian men and blonde women wearing costumes. Banking and financial market concept.

The Web of Jeffrey Epstein’s Lawyers and Bankers

Jeffrey Epstein destroyed lives.

He also did business with some of the most powerful lawyers and banks in America.

Careers fell. Institutions didn’t.

Read More
Canada and USA flags flying in strong wind

Donald Trump’s Gordie Howe Bridge Too Far

Here’s why Trump supporters should be at the front of the line demanding Commerce Secretary Howard Lutnick’s resignation over the Gordie Howe Bridge debacle.

Read More
KONSKIE, POLAND - May 18, 2019: hand holding smartphone with photo of Donald Trump with American flag displayed on screen

When the World Talks Like Donald J. Trump

Imitation is the sincerest form of flattery. President Trump can take pride that leading political and business figures mimic his rhetoric and tone.
His critics should consider the implications.

Read More
DAVOS, SWITZERLAND - Jan 25, 2018: Security in Davos. A police officer at the guard post of the World Economic Forum in Davos

The Davos Elite vs. GM’s Detroit Factory Zero

The Davos elite and GM’s Factory Zero workers in Detroit live in parallel universes.
One gets fawning corporate media coverage, access, and spectacle. The other gets layoffs, uncertainty, and attention only from a socialist website.

Read More
Prescott - Circa September 2021: Chase Bank retail location. Chase is the consumer and commercial banking business of JPMorgan Chase.

Can Jamie Dimon Survive Trump’s Stress Tests?

JPMorgan Chase CEO Jamie Dimon is among Wall Street’s — and the media’s — most admired executives, closely identified with the bank he has led for nearly two decades.

President Trump, however, is no admirer of Dimon’s stewardship of America’s largest bank.

Here’s why Trump’s promised lawsuit alleging JPMorgan debanked him for political reasons — along with the president’s broader pressure on banking practices — could open a level of scrutiny Dimon’s admirers don’t yet appreciate.

Among the questions such scrutiny could raise: why JPMorgan severed ties with Trump while continuing to bank Jeffrey Epstein until 2013, despite internal objections from some senior executives.

Read More
Stuck In Traffic. Northbound lane of Interstate 75 in gridlock at rush hour.

China’s EV Barbarians at Detroit’s Canadian Gates

Canada’s Mark Carney has said bonjour to China’s EV manufacturers. It may mean au revoir to GM and Ford’s EV ambitions.

Read More
Happy guy with money in his hands for the development of shopping business and a great trip

Trump and Sen. Warren Agree on Stock Buybacks

When a company’s stock price soars after a CEO retreats from her transformational vision and takes a $1.6 billion write-down linked to that strategy, it’s worth asking what’s actually being rewarded.

In a largely overlooked moment, President Trump and Sen. Elizabeth Warren recently began asking that same question about stock buybacks and corporate incentives. While both have pledged to do something about it, here’s why I wouldn’t hold my breath.

Read More