Joe Walsh, one of the few Republicans mounting a presidential challenge to President Trump, said he will not vote to re-elect the president if his bid for the GOP's 2020 nomination fails.
"Hell no," Walsh told Cheddar on Thursday. "I'm running because I think he is unfit and I think he is a danger to this country. I could never support that."
Walsh, a former Congressman from Illinois and conservative radio host, launched his campaign last month by trying to make the case that Trump is uniquely and morally unfit to lead the nation. His bid, however, is widely seen as quixotic given the strong support for Trump among Republican voters and the GOP establishment. Several polls put Trump's approval ratings among Republicans as high as 80 to 90 percent.
Yet Walsh, who was elected to Congress as a staunch Tea Party Republican and was an ardent supporter of Trump in 2016, said the president is "destroying in the Republican brand" with his rash behavior — and that support for him endures simply because there is no Republican alternative.
"This guy in the White House lies almost every time he opens his mouth. He's cruel, he's bigoted — he's just mean," Walsh said.
Critics note, however, that Walsh largely came to right-wing prominence peddling conspiracy theories and making bigoted comments himself. Most notably, his repeated false claims that former President Obama is Muslim and was not born in the U.S. On New Years Eve in 2016, for instance, Walsh tweeted "Obama is a Muslim. Happy New Year!"
Walsh has also routinely attacked organizations like Black Lives Matter, defended the use of homophobic slurs, and has been criticized for fanning the flames — and inciting violence — around cultural sensitivities.
In 2016, after several police officers were killed in Dallas, Texas by an African American gunman, Walsh tweeted "This is now war. Watch out Obama. Watch out black lives matter punks. Real America is coming after you." The tweet was quickly deleted but sparked shock and outrage. Months later, when Walsh supported then-candidate Trump, he tweeted that "if Trump loses, I'm grabbing my musket. You in?"
Walsh has since apologized for his lengthy list of bigoted and controversial remarks, including the racist comments about Obama. He also told MSNBC last month that "I wouldn't call myself a racist, but ... I've said racist things on Twitter. There's no doubt about it."
Walsh has also ceded that his language — especially his rhetoric on Twitter — mirrored that of Trump and his ilk; and sowed resentment into certain voting blocks that contributed to Trump's electoral victory. Yet the difference between Trump and himself, Walsh has said, is that he has apologized.
Walsh is joined by former Massachusetts Governor Bill Weld and former South Carolina Congressman Mark Sanford in challenging Trump in the upcoming Republican primary. All three candidates argue that Trump is particularly unqualified to occupy the Oval Office.
"Every day and week that goes by, this president proves more and more that he is unfit and I think Republican voters will welcome a primary challenge," Walsh said.
Walsh and the other candidates, however, faces significant hurdles to beating Trump. Republican officials in several states this week — South Carolina, Nevada, Arizona, and Kansas — canceled their primaries altogether. Foregoing the elections, which proponents and Trump say will save the GOP money, will result in the state's delegates automatically going to Trump.
"We're going to fight it with everything we've got … This kind of thing cannot stand in America," Walsh said regarding the canceled primaries, which he said disenfranchises Republican voters.
Trump on Monday dismissed his challengers, saying "I don't even know who they are ... I guess it's a publicity stunt."
A new report from ProPublica and the Washington Post found that Facebook Groups played a major role in the spread of misinformation linked to the January 6 insurrection with more than 650,000 posts claiming that Joe Biden's election victory was illegitimate.
Millions of Americans with young children have relied on the child tax credit since the federal government began issuing checks in July 2021. The last round of payments was sent out just before the Christmas holiday — at the same time as the omicron variant surged. Leah Hamilton, associate professor of social work at Appalachian State University, joined Cheddar to discuss what the end to the tax credit means as the U.S. sees the end of many relief programs and its highest number of COVID cases since the start of the pandemic. "It'll become harder for families to meet their basic needs, increasing national childhood poverty rates and the proportion of families who have difficulty putting food on the table, maintaining stable housing, and paying their bills," Hamilton said. She also pointed to research that the credit as a long-term investment in children offsets claims that it contributes to macroeconomic impacts like inflation.
U.S. President Joe Biden spoke with Ukrainian President Volodymyr Zelensky over the week-end, just days after he spoke with Russian President Vladimir Putin. The call comes as Washington prepares to meet with Moscow on January 10, as tensions mount over Russia's military build up near its border with Ukraine. Cheddar News speaks with Mustafa Tameez, a former advisor to the U.S. Department of Homeland Security, about the issue.
Several Silicon Valley insiders are being accused of contorting a 1990s-era tax break to avoid taxes on millions of dollars of investment profits. The tax break is known as the qualified small business stock exemption, and it allows early investors in certain companies to avoid half of the taxes on up to $10 million in capital gains. A piece recently published in the New York Times says venture capital firms like Andreessen Horowitz replicated the tax exemption by giving shares of companies to friends and family, who would otherwise face a 23.8% capital gains bill. The CEO of Roblox is also accused of replicating the tax break for his family members at least 12 times. Although the loophole known as 'stacking' is considered to be legal, the Times piece implies that the exemption has been manipulated for the ultra-wealthy to become more wealthy. Greycroft co-founder and Chairman Emeritus Alan Patricof joins Cheddar News' Closing Bell to discuss.
Chris Sommerfeldt, City Hall reporter for the New York Daily News, joins Cheddar News' Closing Bell, where he discusses both the wins and losses of Bill de Blasio's eight years as New York City Mayor.
The push to regulate the gig worker economy is gaining steam as the share of workers who participate in freelancing through businesses like Uber and Lyft have also exponentially grown during the pandemic. Employment attorney Mark Kluger, founding partner at Kluger Healey, LLC, joined Cheddar to break down how the battle to reclassify gig workers will continue in the new year, and why the issue continues to generate conflict. "More and more workers are using gig work as their primary source of income and as a result of that they are not like employees in the sense that they don't have benefits like health insurance," Kluger noted.
2021 saw markets continue to be impacted by the onslaught of the coronavirus pandemic -most recently in the form of the Omicron variant- in addition to the global supply chain shortage, and increased inflation. But it wasn't all bad news, as crypto soared throughout the year, and meme stocks continued to have a moment. With the year coming to a close, investors are keeping an eye out to see if they should expect more of the same in the new year. Chris Vecchio, Senior Analyst, at DailyFX tells us what market trends to be on the watch for in 2022.
