BLUF: President Trump has been indicted in Washington D.C. for what he claims is an attack on free speech and political dissent. He believes this presents an opportunity to expose election fraud. In other news, a Drexel University basketball player was found dead in his campus apartment, raising concerns about the COVID-19 vaccine. The United States’ credit rating was downgraded by Fitch, a move that experts believe is a result of reckless spending and potential inflation under the current administration. Join Greg Hunter as he discusses these stories in the Weekly News Wrap-Up.
President Donald Trump faces indictment in Washington D.C., which he believes is an infringement on his freedom of speech and political opposition. He intends to use the subpoena power he gains from this indictment to address the alleged election fraud during the 2020 election, which he refers to as a stolen election.
Another tragic incident related to the COVID-19 vaccine occurred recently, as Terrence Butler, a Drexel University basketball player, was found dead in his campus apartment. The university had previously required all students and employees to be fully vaccinated against COVID-19, but abruptly ended this policy on April 12th. This incident adds to concerns surrounding the safety and effectiveness of the vaccine.
In economic news, the United States received a credit rating downgrade from Fitch, with its rating dropping from AAA to AA+. This may not seem significant at first, but financial experts warn that it could have serious consequences. The federal budget is expanding rapidly due to reckless spending and the elimination of the debt ceiling, while tax receipts have recently declined. Additionally, the interest rate on 30-year mortgages has increased to 7.32%, and experts such as Jim Rickards predict further interest rate hikes and potential inflation on the horizon. This economic situation has been dubbed “Bidenomics.”
To learn more about these stories and others, make sure to watch Greg Hunter’s Weekly News Wrap-Up for 8.4.23.
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