Economy
CNBC Host says to vote for Trump ‘if you care about your paycheck’
On Monday, CNBC’s “Mad Money” host Jim Cramer made a bold statement to his viewers, suggesting that if they care about their financial well-being, they should support former President Donald Trump. Cramer’s remarks came amid a significant downturn in the stock market, raising concerns about a potential recession.
“If you’re in the stock market, if you care about your paycheck, you go with Trump,” Cramer stated emphatically during the broadcast. His colleague, fellow CNBC host David H. Faber, responded with a degree of skepticism, prompting Cramer to elaborate. “Yeah, well, he wants to cut your taxes,” Cramer continued, while Faber noted his discontent with Trump’s SALT tax cap, which has negatively impacted blue states.
The New York Post notes that Cramer’s comments coincided with a dramatic drop in the stock market on Monday. The Dow Jones Industrial Average plummeted by 1,033.99 points, or 2.6%, marking a severe decline. The Nasdaq Composite and S&P 500 experienced even sharper falls, dropping by 3.43% and 3%, respectively. This marked the worst day for the Dow and S&P 500 since September 2022.
The market turmoil has stoked fears of an impending recession, with investors and analysts closely monitoring economic indicators. The significant losses on Monday underscored the volatility and uncertainty currently gripping the financial markets.
Cramer’s endorsement of Trump as a solution to the financial woes stands in stark contrast to recent claims made by President Joe Biden. Last week, President Biden declared that he had “cured the economy” when asked about his legacy. “Mr. President, what do you want your legacy for Gen Z to be?” a reporter inquired. Biden responded confidently, “That I cured the economy. And the environment. And a few other small things.”
Economy
FEMA Supervisor Claims Avoidance of Trump Supporters Was Not an Isolated Incident
Marn’i Washington, the former Federal Emergency Management Administration (FEMA) supervisor fired for instructing workers to avoid homes displaying Trump campaign signs, stated on Tuesday that the incident was part of a larger pattern of political bias within the agency. Washington, who previously served as a Disaster Survivor Assistance crew leader in Highland County, Florida, called the occurrence a “colossal event” that extended beyond Florida, affecting other states like North and South Carolina after hurricanes devastated the region.
According to the Daily Caller News Foundation, Washington’s comments came in an interview with journalist Roland Martin, where she described the practice as part of a broader trend within FEMA, alleging that it had occurred in multiple states, particularly in areas that had supported President Donald Trump. “If you look at the record, there is what we call a community trend,” Washington said, suggesting that FEMA’s actions weren’t isolated. “FEMA always preaches avoidance first and then deescalation. This is not isolated. This is a colossal event of avoidance not just in the state of Florida, but you will find avoidance in the Carolinas.”
Washington’s remarks stem from an incident in which her team, while canvassing for hurricane relief in Lake Placid, Florida, was instructed to avoid homes with Trump signage. According to reports, the move resulted in at least 20 homes with Trump-related signs or flags being skipped over for disaster relief assistance between late October and November. These actions were allegedly in line with a set of “best practices” that included safety tips alongside the politically charged directive to avoid Trump supporters.
Washington clarified that the guidance came from higher-ups in FEMA, including Chad Hershey, her supervisor, who reportedly instructed staff to bypass homes they deemed unsafe due to hostile encounters with residents. “We will canvass at [homes] that do not have the community trend with the Trump campaign signage,” Washington explained. “If any of those residents come outside and say ‘hey, I want to register,’ we’ll welcome them into our arms… But we were not going to subject our people to continue with verbal abuse or hostile encounters.”
The former supervisor emphasized that her team experienced verbal abuse from residents who displayed Trump campaign signs on their properties, leading to her instruction to avoid those homes entirely. Washington also mentioned that her team was instructed to log reasons for skipping homes, with notes like “Trump sign no entry per leadership,” “Trump sign, no stop Trump flag,” and “Trump sign, no contact per leadership” appearing in the records. These notes were reportedly made in Highlands County, a region where nearly 70% of residents voted for Trump.
The controversial directive came in the wake of Hurricanes Helene and Milton, which struck the area in October, leaving millions without power and causing approximately $50 billion in economic damage, as reported by President Joe Biden. FEMA has not denied the incident but has indicated it is taking steps to address the matter. Hershey confirmed to the Daily Wire that the agency was “aware” of the incident and is taking “immediate action.”
Washington’s firing has drawn attention to possible partisan practices within federal agencies. While she defended her actions as being in response to a difficult environment, she also criticized FEMA’s leadership for allegedly not addressing the broader issue of political bias within the agency. Washington’s claims have sparked broader questions about the extent of political influence in government disaster relief efforts and whether such biases might impact the fairness of assistance distribution in future emergencies.
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