Speaking of the financial crisis that gained traction in 2007, I talked about it to anyone who would listen, a crisis is coming.
Democratic Sen. Elizabeth Warren warned about the financial crisis of the 2000s before it happened, she claimed during a CNN town hall where she pitched herself as the best option for president in the 2020 election. Warren, a former Harvard Law School professor, told an audience of college students that her whole lifes work has been about what's happening to working families. And starting in the early 2000s, the crisis was coming. I was waving my arms, ringing the bell, doing everything I could. I said families are getting cheated all over this country,Warren said April 22 in Manchester, N.H.It started when the mortgage companies targeted communities of color. They targeted seniors. They targeted Latinos. They came in and sold the worst possible mortgages and stripped wealth out of those communities, and then took those products across the nation. I went everywhere I could. I talked about it to anyone who would listen, a crisis is coming. But nobody wanted to listen, Warren said, so the crisis hit in 2007, 2008, and just took us down. We confirmed that Warren did raise the alarm about the looming housing and financial crisis. She spoke about debt, financial lending practices and other factors affecting families and the economy years before the financial crisis peaked in 2008. Millions of peoplelost their jobs and homes during the recent Great Recession, generally regarded as happening from late 2007 to mid 2009. Experts say the financial crisis resulted from a number ofcolliding factors, including an unsustainable housing boom partly driven by an easy availability of mortgages, banks taking on too much risk, government policies and lax regulation. Subprime loans  loans at higher interest rates made to people perceived to be at greater risk for defaulting on loans (including families with low and moderate income and poor credit histories)  played a key role in the housing crisis. Warrens presidential campaigncitedseveralblogpostsand comments to media outlets in 2005 and 2006, and Warrens 2003 book, The Two-Income Trap, co-authored with her daughter, Amelia Warren Tyagi, as examples of Warren warning about subprime lending and an imminent housing crisis. Warren has represented Massachusetts in the U.S. Senate since 2013. Before going to Congress, she taught law at the university level for more than 30 years, most recently at Harvard, specializing in commercial law, contracts, and bankruptcy. Subprime lenders defended their business practices by saying they were helping more families own homes, Warrens book said, but thats little more than public relations hot air. In the overwhelming majority of cases, subprime lenders prey on families that already own their own homes, rather than expanding access to new homeowners. Fully 80 percent of subprime mortgages involve refinancing loans for families that already own their homes,Warren said in the book. For these families, subprime lending does nothing more than increase the family's housing costs, taking resources away from other investments and increasing the chances that the family will lose its home if anything goes wrong. In aJune 2004 interviewwith PBSs NOW host David Brancaccio, Warren spoke about growing household debt, against risky mortgage lending practices and what she regarded as bad advice to Americans by then-Federal Reserve Chairman Alan Greenspan. Warren said Greenspan encouraged families to borrow against their house to pay for basic expenses. I think what the landscape shows is the middle class is under assault in a way that has not happened before in our history, Warren said. Stagnant wages, rising costs, wildly rising debt. It's in everyone's interest to turn that back around. Warrens campaign noted that The New York Times quoted Warren in an October 2005articlethat said homeowners in suburbs were taking on more and more home-equity debt to stay out of bankruptcy. The article said: Professor Warren of Harvard believes that disaster lurks as homeowners borrow against their homes to forestall bankruptcy. When the stock market tumbled five years ago, people in trouble could sell stocks to stay afloat, she said. But home equity doesn't work the same way. As she put it, You can't sell a part of your home like you could a stock in the stock market bubble. Warren told the newspaper that after a new bankruptcy law went into effect that month, filing for bankruptcy would become more difficult: And that means more families are set up to lose their homes. Warren was substantially correct in herassessmentthat home prices were going up rapidly relative to incomes (particularly for households with a one wage earner), said Ed Pinto, co-director of the Housing Center at the American Enterprise Institute, a conservative think tank. But Pinto disagrees with Warren about what caused the crisis. Warren blames banks and lenders, when in fact Congress andgovernment policiesaimed at making homes more affordable are the root cause, Pinto said. (Check out our2008 in-depth analysison the causes of the financial crisis and how that issue was debated in the 2008 presidential campaign. Then, both Sens. John McCain and Barack Obama said they sounded warnings, and both blamed the other for helping cause the crisis.) Warren was also a vocal opponent of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, because she thought the law would hurt consumers, said Deborah Goldstein, an executive vice president at the Center for Responsible Lending, which advocates for consumer financial protections. Risingcredit card debthurt Americans already struggling with mortgage payments. I remember (Warren) talking about credit card abuses and how they were harming families, Goldstein said. People were using credit to manage basic daily expenses. Goldstein said that her group, also concerned about the imminent financial crisis, in the early 2000s communicated with Warren on what could be done about it. I'd give then-professor Warren the credit for banging the drum and ringing the bell early on unfair financial practices, said Ed Mierzwinski, senior director of the Federal Consumer Program at the U.S. Public Interest Research Group. Warren was the No. 1 go-to academic expert in the mid-to-late '90s and 2000s in the debate over changes to the bankruptcy code, he said. Warren in January 2007testifiedbefore the Senate Committee on Banking, Housing and Urban Affairs, saying that the credit card market was broken and hurt consumers. Warren was chosen in 2008 to lead theCongressional Oversight Panel, established by Congress to review the state of the financial markets and the regulatory system. Warren also helped create the Consumer Financial Protection Bureau. The bureau emerged from the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, designed to enforce federal consumer financial laws and protect consumers. In 2013 and 2014, Goldstein's groupcollaborated with the CFPBin drafting payday lending rules. Speaking of the financial crisis that gained traction in 2007, Warren said, I talked about it to anyone who would listen, a crisis is coming. There is documented evidence that Warren spoke against risky mortgage lending practices, rising debt and other factors that contributed to the financial and housing crisis years before it materialized. We rate Warren's claim True.
On April 22, 2021, U.S. President Joe Biden gave remarks at the "Virtual Leaders Summit on Climate" in which he framed a nationwide effort to curb greenhouse gas emissions as an opportunity for "millions of good-paying, middle-class, union jobs." By investing in these new jobs, Biden said, he hopes the United States can cut its greenhouse gas emissions in half by 2030:  Joe Biden remarks The United States isnt waiting. We are resolving to take action  not only the  our federal government, but our cities and our states all across our country; small businesses, large businesses, large corporations; American workers in every field. I see an opportunity to create millions of good-paying, middle-class, union jobs. I see line workers laying thousands of miles of transmission lines for a clean, modern, resilient grid. I see workers capping hundreds of thousands of abandoned oil and gas wells that need to be cleaned up, and abandoned coal mines that need to be reclaimed, putting a stop to the methane leaks and protecting the health of our communities. I see auto workers building the next generation of electric vehicles, and electricians installing nationwide for 500,000 charging stations along our highways. I see  engineers and the construction workers building new carbon capture and green hydrogen plants to forge cleaner steel and cement and produce clean power. I see farmers deploying cutting-edge tools to make soil of our  of our Heartland the next frontier in carbon innovation. By maintaining those investments and putting these people to work, the United States sets out on the road to cut greenhouse gases in half  in half by the end of this decade. Thats where were headed as a nation, and thats what we can do if we take action to build an economy thats not only more prosperous, but healthier, fairer, and cleaner for the entire planet. At no point in this speech did Biden announce any initiative to impose a limit on red meat consumption. At no point in his presidency has Biden suggested policies aimed at limiting red meat consumption. Despite these facts, right-wing news outlets and politicians began aggressively repeating the claim that Biden's plan included "cutting 90% of red meat from our diets by 2030." This false notion stems from the British tabloid the Daily Mail, which  in lieu of actual details the Biden administration has not yet provided  took it upon themselves to speculate about what terrible things "could" be theoretically included in the plan: to speculate   The Daily Mail cited a report published by the University of Michigan Center for Sustainable Systems that looked, in extremely simplified terms, how much of a reduction would result from various dietary changes. As reported by the Center for Biological Diversity, the researchers concluded: reported That replacing half of all animal-based foods with plant-based alternatives would reduce diet-related emissions by 35%. And if half of all animal-based foods were replaced with plant-based alternatives and beef consumption fell by 90%, dietary emissions would drop by 51%. If American diets remain unchanged, emissions associated with producing the food we eat will climb 9% by 2030. The University of Michigan exercise is, in their words, "reliant on a number of simplifying assumptions" and designed to show the impact of various diet change scenarios on climate. It is not, in any way, a policy suggestion or proposal. As you may recall, the Biden announcement was about green jobs and did not once mention initiatives to change the diet of Americans. Despite this, Biden's critics used the Daily Mail's baseless speculation as if it were actual scientific analysis of a plan whose details Biden has not yet released. their words Former Fox News pundit Todd Starnes argued on his show that the January 2020 Michigan study was actually an analysis of a Biden plan that, at the time of this reporting in April 2021, has not been released: argued   The claim that Biden's plan includes this 90% red meat reduction is often paired with a Fox News screen capture: often paired   As it is clear by the citation, this information comes from the same University of Michigan study the Daily Mail relied on to speculate about potential paths to carbon emission reductions. It is not, as suggested, a "requirement" for Biden's climate plan. Fox's reporting made it all the way to the halls of Congress. On April 24, 2021, Rep. Lauren Boebert, R-Colo., asserted in a viral tweet that the Daily Mail's speculation was an actual policy proposal by Biden: viral tweet   Because the Daily Mail is a British tabloid and not involved in American climate policy discussions, and because Biden's plan has not yet been released, claims that it includes a policy that requires a 90% reduction in red meat are On June 21, 2021, the day before New York City's mayoral primary election, a New York Times reporter claimed one of the Democratic candidates  Andrew Yang  said on a conservative talk radio show that people with mental illnesses need to be hospitalized in order for the city's economy to improve.  According to a tweet by the Times journalist, Emma Fitzsimmons, billionaire John Catsimatidis and former New York mayor Rudy Giuliani had just spoken with Yang on 77 WABC's "Election Coverage" show. tweet Emma Fitzsimmons John Catsimatidis Rudy Giuliani Fitzsimmons said in the post, which hundreds of users retweeted for their own followers, at 4:18 (EST):   The attribution was correct. According to 77 WABC's video recording of the June 21 broadcast segment, which featured candidates of several New York races fielding questions from Catsimatidis and Giuliani, Yang phoned into the show and had the below-transcribed exchange: video recording Yang: We're poised to win this race, and then I'm going to get to work on delivering for New Yorkers the public safety we expect and deserve, which includes getting the homeless men who are struggling mentally into environments where they're safer and healthier. It's better for everyone. [...] Catsimatidis: One of the most important things with law and order in New York City, is we have all of these homeless people in the streets and lot of them are mentally ill. [...] What happened? Don't those people deserve treatment? Aren't we better of spending money to build hospitals to treat those poor people? Yang: 100 percent. We need to get them the care that they need, but that will also supercharge our economic recovery because we all see these mentally ill people on our streets and subways, and you know who else sees them? Tourists. And then they don't come back, and they tell their friends, 'Don't go to New York City.' We're never going to get our jobs back and our economy back if we don't get the mentally ill people who are on our streets in a better environment. It's going to be worth every penny. In other words,Yang did not explicitly say hospitalizing people with severe mental health issues was "the only way" (verbatim) to restart the city's economy after the COVID-19 pandemic. However, he did say "we're never going to get our jobs back and our economy back" without supposedly taking the step, implying the same thing. Hours after the radio interview, Yang told The New York Times that he stood by his comments on the radio show, again framing the issue as one of public safety. told The New York Times We all know that public safety is top of mind for New Yorkers, he told the newspaper. There will not be an economic recovery until people feel safe walking our streets and walking our subways. It was not the first instance of Yang, a former presidential candidate, saying people with severe mental issues perpetuate some of the city's economic and social problems. During a debate on June 16 with other Democratic candidates (there are 13 total), Yang said city officials need to get people with untreated mental health issues "off of our streets and our subways into a better environment," and that "mentally ill homeless men are changing the character of our neighborhoods," presumably for the worse. June 16 Yes, mentally ill people have rights, but you know who else have rights? We do: the people and families of the city, Yang said at the debate. We have the right to walk the street and not fear for our safety because a mentally ill person is going to lash out at us. Those comments sparked criticism among social media users who pointed out research that shows people with severe mental illness are far more likely to be victims of crime  not perpetrators  and the fact that mental health includes a wide spectrum of disorders that affect everyone. research The day after the debate, Yang responded to that outcry with the below-displayed tweet. responded   Full context here was mental illness is behind half of anti-Asian hate crimes, he said. We need to get them compassionate comprehensive care  and not let them languish on our streets. In late March 2021, a video was shared that showed Bill Belichick shaking his head moments after NFL prospect Mac Jones overthrew a football. The New England Patriots coach was on hand to attend the University of Alabama football team's pro days. In the video, he was standing next to San Francisco 49ers head coach Kyle Shanahan: video  The video appeared in articles that were shown to Google Discover users. For example, one story said: "Bill Belichick isn't impressed with Mac Jones throw at Alabama pro day." Another read: "Cameras catch Bill Belichick's reaction to Mac Jones' overthrow at Alabama Pro Day."  Several articles appeared to perhaps read minds.    We found no indication that Belichick was shaking his head or showing disapproval at a single overthrow by Jones. In the video, it appeared that Shanahan and Belichick were having a conversation. The likely explanation of Belichick's head shake was that he was reacting to something Shanahan said. Four NFL coaches were on hand to watch Jones and other Alabama football prospects. Sean Payton of the New Orleans Saints, Matt Nagy of the Chicago Bears, Shanahan, and Belichick were all in attendance. The Associated Press also reported that Belichick was among a group of five general managers on hand. reported In January 2021, Jones led the Alabama football team to the College Football Playoff national championship. He was also a Heisman Trophy finalist, placing third in the vote count. The team's head coach is Nick Saban. placing third The same Twitter account that hosted the video of Belichick shaking his head also tweeted this video. It showed Jones throwing a deep ball with precision: this video  ESPN also shared more videos of the Alabama pro days that showed Jones executing a number of solid plays. more videos The Associated Press published a brief comment from Jones. He appeared to feel confident in his showing in front of Belichick and the other NFL coaches and general managers: published "At Alabama, they told me to sit in the picket and rip it, so that's what I did," Jones said. "That's what you're supposed to do when you're at Alabama." "But when the NFL comes, I'll do whatever they tell me to do. I showed today that I can do everything that they want me to do." Without further evidence that Belichick was showing disapproval at a single throw of the football by a Heisman Trophy finalist who led his team to a national title, we have rated this claim as "Unproven." disapproval Scam:  The IRS contacts taxpayers by phone to demand that overdue taxes be settled via prepaid debit card or wire transfers.   Origins:  In March 2014, the IRS reported con artistsimpersonating their agents had stolen more than $1 million from thousands of people across the U.S. via a fraud perpetrated by telephone. The agency has called it "the largest scam of its kind" it has seen. In it, more than 20,000 people from nearly every state were successfully defrauded by fake tax agents who told victims they owed taxes and demanded payment by prepaid debit card or wire transfer. Those masquerading as IRS agents further informed their targets that if they refused to comply with their demands for immediate payment they could be arrested, deported, or lose their business or driver's licenses. Reports of the scam, which has been running since August 2013, continue to increase. The calls are made to look as if they originate with the IRS, with that agency's name appearing on the caller IDs of intended targets' phones. Often those conducting the fraud know the last four digits of their targets' Social Security numbers.  Some of the attempts to defraud also follow up with false IRS emails and phone calls in which the con artists pretend to represent the police or motor vehicles officials. Per the IRS's description of this fraud: IRS's description  Scammers use fake names and IRS badge numbers. They generally use common names and surnames to identify themselves.  Scammers may be able to recite the last four digits of a victims Social Security Number.  Scammers spoof the IRS toll-free number on caller ID to make it appear that its the IRS calling.  Scammers sometimes send bogus IRS emails to some victims to support their bogus calls.  Victims hear background noise of other calls being conducted to mimic a call site.  After threatening victims with jail time or drivers license revocation, scammers hang up and others soon call back pretending to be from the local police or DMV, and the caller ID supports their claim. As a rule, the IRS contacts those who owe on their taxes first by mail or with personal visits from field agents. Real IRS agents never insist on payment by debit card or wire transfer.  They also don't ask for credit card numbers over the phone. Says Treasury Inspector General for Tax Administration Russell George, "If someone unexpectedly calls claiming to be from the IRS and uses threatening language if you don't pay immediately, that is a sign that it really isn't the IRS calling."  The IRS advises: If you get a phone call from someone claiming to be from the IRS, heres what you should do:  If you know you owe taxes or you think you might owe taxes, call the IRS at 1.800.829.1040. The IRS employees at that line can help you with a payment issue  if there really is such an issue.  If you know you dont owe taxes or have no reason to think that you owe any taxes (for example, youve never received a bill or the caller made some bogus threats as described above), then call and report the incident to the Treasury Inspector General for Tax Administration at 1.800.366.4484.  If youve been targeted by this scam, you should also contact the Federal Trade Commission and use their FTC Complaint Assistant at FTC.gov.  Please add "IRS Telephone Scam" to the comments of your complaint. Last updated:  20 February 2015    Norman, Jim.  "Authorities Warn of IRS Phone Scam."   The Record. 21 March 2014  (p. A5).    Richter, Ed.  "IRS scam continues to grow."   The Journal-News. 23 March 2014. On Feb. 10, 2021, an online advertisement appeared to announce big news about Costco Wholesale. The ad was displayed on various websites via the Outbrain advertising network. It featured a picture of a Costco store and read: "[Pics] Say Goodbye: Stores Closing In 2020 Across The Nation." Costco Wholesale   The outdated ad mentioned the year 2020. This likely meant that it had been displayed prior to the new year and had not yet been disabled. Readers who clicked the ad were led to a lengthy slideshow article on the Housecoast website. It spanned more than 50 pages and appeared to have been originally published on Feb. 10, 2020. article Companies such as Lowe's, Kohl's, JCPenney, and Macy's made the list. While several of the stores in the article had experienced financial troubles, many of them had not yet closed. Costco never appeared in the story. The clickbait ad led readers to believe that Costco would be closing its stores. This was false. The story itself was poorly written and contained a number of grammatical errors. These Power Stores Will Be Closing In 2020 When e-commerce started expanding in the last few years, "brick and mortar" stores started to face the brunt of the economic crisis. In the last couple of years leading up to 2020, a lot of major stores have been closing their physical doors to businesses to include international outlets. It is a real blow to the business of commerce as the closing rate has been growing rapidly and projected for 2020; it may get worst. We have compiled a few stores who have noted they will be closing their doors in 2020  for some stores, they will be closing all their outlets. On Dec. 10, 2020, Costco Wholesale released its fiscal year 2020 financial results. The numbers were strong. There was no indication that Costco would be closing stores: released Net sales for fiscal 2020 totaled $163 billion, an increase of 9%, with a comparable sales increase of 8%. Net income was $4 billion, or $9.02 per diluted share, an increase of 9%. In addition, the Company surpassed 100 million members worldwide, contributing to membership revenue of $3.54 billion. Costco.com played a vital role in meeting members' needs, especially those choosing or required to stay at home. Our ecommerce business saw a 50% increase in sales. Increases were particularly evident in same day and 2-day grocery deliveries, prescription medications, electronics, and office supplies. Additional strong sales were seen in apparel, appliances, health and beauty products, and home furnishings. Our depots responded to unprecedented volume by shifting certain operations to 24 hours a day, seven days a week. As circumstances allowed, expansion in fiscal 2020 continued, with the opening of 13 new warehouses. In fiscal 2021, we expect to open 20 new buildings. In sum, a misleading ad appeared to claim that Costco was closing its stores. The resulting story never mentioned Costco even once. In the past, the Housecoast website published a similar misleading ad about CNN Chief White House Correspondent Kaitlan Collins. a similar misleading ad Snopes debunks a wide range of content, and online advertisements are no exception. Misleading ads often lead to obscure websites that host lengthy slideshow articles with lots of pages. It's called advertising "arbitrage." The advertiser's goal is to make more money on ads displayed on the slideshow's pages than it cost to show the initial ad that lured them to it. Feel free to submit ads to us, and be sure to include a screenshot of the ad and the link to where the ad leads. submit ads to us At the Republican National Convention in Cleveland, Donald Trump repeated his months-long criticism of Hillary Clintons past support of free trade deals, a position in stark contrast to his own. (Trump says his superior negotiating skills will result in better deals.) She supported (the North American Free Trade Agreement), and she supported Chinas entrance into the World Trade Organization  another one of her husbands colossal mistakes. She supported the job-killing trade deal with South Korea. She supported the Trans-Pacific Partnership. This is largely accurate, but its worth noting that Clinton no longer supports NAFTA or TPP, nor is it clear that the South Korean deal is a job-killer. Lets go through Clintons position on these deals one by one. NAFTA As first lady, Clintonspoke favorablyof NAFTA  the North American Free Trade Agreement  signed by President Bill Clinton. I think everybody is in favor of free and fair trade. I think NAFTA is proving its worth, said Clinton, according to a 1996 Associated Press report. Creating a free trade zone in North America  the largest free trade zone in the world  would expand U.S. exports, create jobs and ensure that our economy was reaping the benefits, not the burdens, of globalization, shewrotein her 2003 memoir,Living History, which the Trump campaign cited in a press release. Although unpopular with labor unions, expanding trade opportunities was an important administration goal. But a few years later, shechanged her position on the dealduring her first White House bid. In 2007, she called NAFTA a mistake and said it hurt a lot of American workers. Why the change of heart? According to the 2008 Clinton camp, she was always skeptical of the deal. But the first lady was not supposed to deviate from the position of the administration, Robert Shapiro, the undersecretary of commerce under Bill Clinton,toldthe Huffington Post. Chinas inclusion in the WTO While campaigning for Senate in 2000, Clinton voiced reservations about Chinas entrance into the WTO, but was supportive overall. Heres what she said at aCNN forumin April of that year, which was cited by the Trump campaign: I share the concerns that many of my supporters in organized labor have expressed to me, because I do think we have to make sure that we improve labor rights, we improve environmental standards in our bilateral and our multilateral trade agreements. But on balance, I've looked at this, I've studied it, I think it is in the interests of America and American workers that we provide the option for China to go into the WTO. Right now, we are trading with China. We have a huge trade deficit with China. The agreement that has been negotiated between our two countries would open their markets to us in a way that they are not yet open, and in fact, for many large manufactured products, like automobiles, we would have the first chance to really get in and compete in that marketplace. (According to news reports from 1999, then-Reform Party member Trump opposed the United States inclusion in the WTO, period.) China became a member of the WTO in December 2001, with the support of President George W. Bush. Since then, Clinton hasnt reversed her position, as far as we can tell, but hasadvocatedfor using the WTO to bring trade cases against China. (This is alsoTrumps current position.) Deal with South Korea During her 2008 presidential run, Clinton opposed a pending free trade deal with South Korea (as well as other deals with Colombia and Panama). While I value the strong relationship the United States enjoys with South Korea, I believe that this agreement is inherently unfair, shetoldthe AFL-CIO in June 2007. The South Korean agreement does not create a level playing field for American carmakers, she said in a November 2007campaign statement. But as secretary of state, she supported the deal advocated by the administration. At an April 2011 gathering of business leaders in Seoul, Clintonsaidthe deal was profoundly in America's strategic interest and a priority for me, for President Obama and for the entire administration. (In 2008, Obama alsowas against the deal.) When the deal entered into force in March 2012, Clintontoutedit as a historic milestone that will provide a significant economic boost to both of our economies and strengthen the U.S. partnership with a key ally in a strategically important region. Does this deal kill jobs, as Trump says? The jury is still out. On one hand, the Economic Policy Institute, a labor-focused think tank, which Trump has cited, has found that the South Korean deal cost about60,000U.S. jobs. On the other, the Obama administration hasarguedthe deal actually creates jobs. Our friends at theWashington PostFact-Checker, meanwhile, looked at the the evidence andfoundboth estimates of job losses and job gains are fishy. An independentanalysisby economists at Tufts University and the University of Michigan projected a decline in manufacturing and service jobs and an increase in agriculture and food, beverage and tobacco jobs. But overall, the net impact on employment would be zero. TPP As wevedetailedquiteextensively, Clinton once hailed TPP as setting the gold standard in trade agreements during her time in the Obama administration, but she came out in opposition during her 2016 bid. Though shes always said the details needed to be hammered out, her comments about the deal were largely supportive from 2010 to 2013. Here are some of the words she used to describe TPP: exciting, innovative, ambitious, groundbreaking, cutting-edge, high quality, high standard and gold standard. In October 2015, Clinton flip-flopped and opposed it, telling PBS, I dont believe its going to meet the high bar I have set. Our ruling Trump said Clinton supported NAFTA, and she supported Chinas entrance into the World Trade Organization. She supported the job-killing trade deal with South Korea. She has supported the Trans-Pacific Partnership. Trump is right that Clinton once supported NAFTA and TPP and has yet to revoke her support for Chinas inclusion in the WTO or the deal with South Korea. But there are caveats. Clinton no longer supports NAFTA or TPP, and its not entirely clear that trade with South Korea has killed jobs. Trumps statement is accurate because its carefully phrased, but it needs additional context. We rate it Mostly True. https://www.sharethefacts.co/share/68c1a4d5-56ad-4a84-87b6-564b5037df5b Claim:  Robbers are flinging eggs at cars to impair drivers' vision and force them to stop.  Examples:   [Collected via Facebook, June 2015] Posted by Michelle Shel-lee Seibel on Monday, June 15, 2015 Michelle Shel-lee Seibel Monday, June 15, 2015   [Collected via e-mail, November 2009] Please take this seriously! If you are driving at night and are attacked with eggs, do not operate the wiper and  spray and water. Because eggs mixed with water become milky and block your vision up to 92.5% Then you are forced to stop at the road side and become a victim of robbers. This is a new technique used by robbers in Johor Bahru. Please inform your friends and relatives!!  If you are driving at night and eggs are thrown at your windshield. Do not operate the wiper and spray any water because eggs mixed with water become milky and block your vision up to 92.5% so you are forced to stop at the roadside and become a victim of robbers.  This is a new technique used by robbers.  Please inform your friends and relatives. This also happens on interstates near exits. Origins:  Breathless e-mailed warnings about the (usually false) latest ways in which thieves are purported to be getting motorists to pull over so they can be preyed upon are nothing new: a few we've previously documented include claims that gangs of robbers were placing tire-puncturing spikes in shopping mall parking lots, or affixing plastic baskets  spikes baskets  to the undersides of targeted vehicles (thereby prompting drivers to stop to investigate the noise), pouring sugar into gas tanks, festooning cars' windshields with flyers, and even acting drunk or as if they'd been struck by other cars.  sugar flyers drunk Our first sighting of this November 2009 warning about eggs being thrown at windshields was a 29 October 2009 YahooGroups mail list post. That earlier version, while it also asserted the claim of water mixed with raw egg's obscuring a windshield and bruited the (absurdly precise) 92.5% figure, differed from what has become the canonical form of the warning in that it stated motorists so attacked would become prey to "robbers/carnappers" and recommended those so assaulted instead drive to "a well lit place w/ many people or nearest police station" rather than stop. Later forms of the e-mail added further flourishes, such as "used by robbers" morphing into "used by robbers in Johor Bahru" (the capital city of Johor in southern Malaysia), the addition of the claim that these attacks "happens on interstates near exits," and most commonly the inclusion of this new paragraph which blames matters on the flagging economy: "Folks are becoming more and more cruel daily. But this is just the beginning of pangs of distress. With the decline in economy and job losses, we can expect anything. Just can't be too careful these days." Though we've queried our police contacts and scoured news reports looking for accounts of robberies and carjackings effected by disabling target  vehicles by pelting them with raw eggs, we weren't able to find any such occurrences in the U.S. Rather, we did locate news stories about police cars so pelted, with the officers retaliating by giving chase to the miscreants who'd thrown eggs at them. In various news accounts we found, officers not only were able to see well enough through their poultrified windows to go after the bad guys, they succeeded in running them to ground and bringing them to justice. Most tellingly, such accounts made no mention of the gendarmes so assaulted experiencing difficulty in seeing well enough through their egged windshields to give chase. While a mixture of raw egg and water vigorously stirred together in a glass will produce a somewhat milky-looking liquid (which might be the source of this tale), there's nothing about the interaction of egg and water that renders the resulting combination into a substance guaranteed to completely block a driver's vision. Egg alone or egg-and-water solutions are thin liquids and so are relatively easy to see through, with the vehicle's wipers generally sweeping away the worst of the mess fairly easily. Moreover, it would take a number of extremely well-placed eggs (a hen's typical offerings aren't that big) to splat a windshield so thoroughly as to completely impair the driver's view and force him to stop immediately  unless the visibility conditions were already poor, a motorist with a splattered windshield would generally still be able to see well enough to continue driving out of range of the egg-throwing hooligans to a safe stopping place. Certainly miscreants have long engaged in the practice of launching objects (rocks, eggs, firecrackers, paintballs) at moving cars in order to startle motorists into stopping and getting out of their automobiles (typically as a prank, but sometimes as a means of setting up the theft of a vehicle and/or the driver's possessions), but that information is neither new nor shocking. Variations:   A March 2010 version combined the "eggs baby  A November 2012 version included this photograph of a car's windshield that had some sort of white spatter upon it that looked to us to be white paint:  Barbara "pitched battle" Mikkelson Last updated:  17 June 2015    Hoober, John.  "Egg Tossed at Cruiser Leads to Chase, Crash."   Lancaster New Era.  3 December 2008  (p. A1). Not only has U.S. Rep. Alan Graysonendorsed presidential candidate Bernie Sanders, he also has echoed one of the senatorsmain platform planksthat the rich should help shore up Social Security. At a Senate campaign debate with U.S. Rep. David Jolly, R-Indian Shores, in Orlandoon April 25, 2016, Grayson said the Social Security payroll tax cap on earnings needs to be lifted in order to make the program solvent. He used the mind-boggling salary of professional basketball superstar LeBron James to illustrate his point. Let's talk about LeBron James. Do you know when he stops paying his Social Security taxes? He stops paying his Social Security taxes at the beginning of the second quarter of the first game of the season, Grayson said. Rest of the game, pays nothing. Rest of the 81 games of the season, pays nothing. The offseason, still pays nothing. That's ridiculous. The Cleveland Cavaliers forward rakes in an average of$23.5 million per yearas part of his current two-year contract, so its not like hes going to depend on Social Security in his twilight years. But is Grayson right that James is done paying into the program before halftime of the first game of the season? Its not a slam dunk, but the Orlando Democrat does score points with this one. Tax tip-off Lets start by reviewing what Grayson is talking about. The federal government imposes a payroll tax of6.2 percent on wagesto pay into the Social Security fund. But theres a limit of how much income can be taxed. This maximum amount, which is periodically adjusted upward, was$118,500 in 2016. That means the most any employed person pays into Social Security annually is $7,347 (6.2 percent of $118,500). If you make less than $118,500, you obviously are taxed on that amount and pay less. Employers match that amount, so a single workers total contribution to Social Security is essentially a maximum of $14,694 per year. Benefits, for the record, also are capped. In the case of self-employment, the person pays both halves of the $14,694 contribution, or 12.4 percent of $118,500. Well come back to this in a moment. If you make more than $118,500 in salary from an employer  say, $23.5 million or so  youre still only on the hook for taxes on the maximum of $118,500. Thats the highest amount on which the government can tax anyone, LeBron James or otherwise. Grayson has said that this limit is exacerbating projected Social Security deficits as more people retire. Not only would lifting this cap keep the program solvent, it would allow the government toincrease benefits for seniors. President Barack Obama also has proposed lifting this cap, which has rated aPromise Brokenon our Obameter. Some argue that raising the maximum taxable wage basewouldnt fix the system on its own. For his James example, Grayson broke down the NBA 82 regular-season games into their 328 respective quarters, then divided that against James $23.5 million average salary. That amounts to $71,646.34 per quarter, which is almost $6,000 per minute, with 12-minute quarters. Not bad for a nights work. Using that math, James hits the $118,500 taxable earnings cap somewhere before the eighth minute of the second quarter of the first game of the season. Youre probably only on your second (maybe third) $11 beer by then. Now, this interpretation is obviously just to make Graysons point easier to understand. Its kind of likeTax Freedom Day, ostensibly the day people earn enough to pay their total tax bill. How James gets paid depends on the structure of his contract. We'll also note that the NBA season starts in October, with the playoffs running through June. The tax year starts Jan. 1 and runs the calendar year. That makes the actual timing of when taxes are deducted from James' pay different than what Grayson said  a minor detail in a broad example. The Cavaliers' first game of 2016 was onJan. 2, and was their 31st contest of the 2015-16 season. They beat the Orlando Magic, 104-79, by the way. It may sound minor to those of us not making millions annually, but while Grayson is sticking to the game clock, he understates James time commitment. This example doesnt include the hours James spends practicing, traveling, giving interviews, attending team events or anything else that goes along with a superstar athletes life. It also doesnt include preseason games, overtime, playoff games (which bring in more money) or the value of his endorsements, whichForbesestimated at $48 million. PKF OConnor Davies sports accountant Robert Raiola also cautions that Graysons example doesnt mention other taxes James must pay. Raiola pointed out James faces a1.45 percent Medicare taxthat includes no cap, plus a0.9 percent Medicare surchargeon all the income he makes over $250,000. Which is a lot. And dont forget that self-employment tax. James possibly also must pay that in some form, depending on how his income is structured, Raiola said. How that affects James depends on how he conducts his finances, so its not really possible to say without getting a peek into his books. (LeBron, if youre reading, email us and well talk.) But Graysons talking point  that no matter how much the mega-rich earn, they are only taxed on the maximum of $118,500 in income  holds up. If you make less than that, you pay less, but James isnt required to pay Social Security payroll taxes on his income beyond $118,500. Our ruling Grayson said James stops paying his Social Security taxes at the beginning of the second quarter of the first game of the season. Thats a broad statement meant to draw attention to the fact that Social Security taxes are capped at $118,500 of a persons income, no matter how much they make. There are a lot of factors that go into how much James is paid, and how much of that goes to various taxes. But the bottom line is that the athlete only faces Social Security taxes for a relative sliver of his income. We rate the statement Mostly True. https://www.sharethefacts.co/share/7010f3db-ddad-4d0d-98a5-197ed37eab1a UPDATE, April 28:An astute reader pointed out a minor flaw in Grayson's specific talking point. The NBA season starts in the fall, while the tax year begins Jan. 1. As such, James hypothetically would hit the threshold in the second quarter of the first game he played in the new calendar year, not the first game of the season. We've added that information to this story. ButGrayson's point that the uber-wealthy quickly hit the Social Security tax cap remains just as valid. In May and June 2019, a misleading but widely seen meme about immigrants and Medicare benefits continued to circulate on Facebook:   Although the trope that undocumented immigrants are cashing in on U.S. government-funded public benefits for free is a common one, it's generally misleading. common one generally misleading Contrary to what the meme asserts, undocumented persons do not qualify to receive Medicare. Additionally, because many undocumented persons acquire fake Social Security numbers so that they can work, they pay billions of dollars into the system but never reap those benefits, said Steven Wallace, professor of public health at the University of California, Los Angeles, and associate director of UCLA's Center for Health Policy Research."In reality, undocumented immigrants paying into these programs actually are helping to subsidize them," Wallace told us by phone. "So its the other way around -- its not that they're draining the system. They're actually subsidizing it."The impacts of immigration on the economy and public benefits are political flashpoints in a larger national debate. For example, in September 2017 the Trump administration was criticized for rejecting a study by the U.S. Department of Health and Human Services that concluded refugees have an overall positive effect on government revenue.A 2017 study conducted by the National Academies of Sciences, Engineering, and Medicine reported that immigration "has an overall positive impact on the long-run economic growth in the U.S. In the short term and on the local and state government levels, new immigrants do have a negative revenue impact largely due to costs associated with educating children, health care and law enforcement. But in the long term, they are a net positive on revenue due to higher incomes of their descendants who are among the strongest fiscal and economic contributors in the U.S.PBS News Hour reported that "In general, more people working means more taxes  and thats true overall with undocumented immigrants as well. Undocumented immigrants pay an estimated $11.6 billion a year in taxes, according to the Institute on Taxation & Economic Policy. Immigrants are also less likely to take public benefits than the native-born population for two reasons."Those two reasons, according to PBS, are that undocumented persons aren't eligible to receive federal public benefits, and many of the ones who are authorized to be here aren't eligible because they earn too much money.  Contrary to what the meme asserts, undocumented persons do not qualify to receive Medicare. Additionally, because many undocumented persons acquire fake Social Security numbers so that they can work, they pay billions of dollars into the system but never reap those benefits, said Steven Wallace, professor of public health at the University of California, Los Angeles, and associate director of UCLA's Center for Health Policy Research. undocumented persons "In reality, undocumented immigrants paying into these programs actually are helping to subsidize them," Wallace told us by phone. "So its the other way around -- its not that they're draining the system. They're actually subsidizing it." The impacts of immigration on the economy and public benefits are political flashpoints in a larger national debate. For example, in September 2017 the Trump administration was criticized for rejecting a study by the U.S. Department of Health and Human Services that concluded refugees have an overall positive effect on government revenue. rejecting A 2017 study conducted by the National Academies of Sciences, Engineering, and Medicine reported that immigration "has an overall positive impact on the long-run economic growth in the U.S. In the short term and on the local and state government levels, new immigrants do have a negative revenue impact largely due to costs associated with educating children, health care and law enforcement. But in the long term, they are a net positive on revenue due to higher incomes of their descendants who are among the strongest fiscal and economic contributors in the U.S. 2017 study PBS News Hour reported that "In general, more people working means more taxes  and thats true overall with undocumented immigrants as well. Undocumented immigrants pay an estimated $11.6 billion a year in taxes, according to the Institute on Taxation & Economic Policy. Immigrants are also less likely to take public benefits than the native-born population for two reasons." Those two reasons, according to PBS, are that undocumented persons aren't eligible to receive federal public benefits, and many of the ones who are authorized to be here aren't eligible because they earn too much money. Frazee, Gretchen.  "4 Myths About How Immigrants Affect the U.S. Economy."
  PBS News Hour.  2 November 2018. Hirschfeld Davis, Julie, and Somini Sengupta. "Trump Administration Rejects Study Showing Positive Impact of Refugees."
  The New York Times.  18 September 2017. Congressional Budget Office.  "The Impact of Unauthorized Immigrants on the Budgets of State and Local Governments."
  December 2007. The National Academies of Sciences, Engineering, Medicine.  "The Economic and Fiscal Consequences of Immigration."
  2017. A series of imagespurportedly showinga UFO photographed by several different people began circulating via social media in October 2015: Yesterday afternoon in Memphis 4-6 random people posted these pictures on social media. The weirdest thing is that each of these individuals did not know each other and they all captured the same thing! Why isn't this being broadcasted on all major media outlets?! Somebody has some explaining to do. While the example Facebook post shown above reported that the alien ship was spotted over Memphis, Tennessee, other iterations of the photo set have claimed that the UFO was actually spotted inBenguela, Angola: claimed We'vehad a lot of people visiting the site over the past few weeks looking specifically for information about a remarkable UFO sighting in Banguela, Angola. The sightings were originally reported to MUFON and included a rather stunning image of the gigantic UFO that was not featured here on the UFOMG! copies of the reports. Here it isnow:  Even though these images all feature different settings, the UFO, as well as the surrounding cloud formations, pictured in each photograph are exactly the same. This means one of two things: Either a race of aliens has developed an efficient form of replicating technology, or the above-displayed photographs were created using the same stock image of a UFO. In fact, this series of photographs purportedly showing a UFO over Memphis (or Benguela) was created using a piece of fan art related to the V science fiction television series (about alien visitors to Earth) created bydigital artist Jukka Korhonen: artist   I was a big fan of V when it first came out. My love for the series has been growing bigger ever since they released the show on the DVD. The biggest news for V fans was the possible release of a sequel-series titled "V: The Second Generation". I quickly scetched out a few concept works and a fanmade poster to celebrate the announcement. As with many times in the media-mentality of amercan television, the "V: Second Generation" was not considered a mainstream series and so the network decided to freeze the project at the final meters. For this portfolio, I took out the V model I had made for the poster and combined it with one of my matteclouds. This image was one of the "doom" concept ideas that I had in mind when I first heard about the new series.  Modelled in trueSpace and postwork in Corel GS. This is NOT official art for the series, its merely fan-art from a dedicated admirer of Kenneth Johnson's work. I hope one day we will see the series come to life and see these iconic ships rise again to the LA skies ...