President Trump reiterated his "America first" worldview and policy agenda on Tuesday in a speech at the United Nations that bemoaned globalism and instead urged mutual support among sovereign nations.
"Wise leaders put the good of their own people and their own country first," Trump said in his third address as president to the UN General Assembly. "The free world must embrace its national foundations. It must not attempt to erase them or replace them."
However, he called for countries to work together toward common goals. "America is ready to embrace friendship with all who genuinely seek peace and respect," he said. "Many of America's closest friends today were once our greatest foes. America has never believed in permanent foes."
As with his past speeches at the UN, Trump used the platform to critique international institutions.
The president doubled down on his maximum pressure approach to Iran, a government he characterized as "one of the greatest security threats" to international peace. Trump, who pulled the U.S. out of the Iran nuclear deal last year despite global objections, threatened greater sanctions if "menacing behavior continues" and added that "no responsible government should subsidize Iran's blood lust."
Trump also called on North Korea to denuclearize and slammed Venezuelan President Nicolas Maduro, calling the embattled leader a "dictator" and "a Cuban puppet protected by Cuban bodyguards." In a not-so subtle shunning, the Venezuelan delegation in the audience visibly read a book about Simón Bolívar, the military and political leader that lead Venezuela's fight for independence.
<i>Photo Credit: Richard Drew/AP/Shutterstock</i>
On China, Trump reiterated that he will "not accept a bad deal for the American people" in order to resolve the enduring trade dispute between the two countries. He also called on Chinese President Xi Jinping to tread carefully in responding to the ongoing unrest in Hong Kong, saying that China must adhere to the governing system that protects "Hong Kong's freedom, legal system, and democractic ways of life."
He bragged of America's strong economy and lowest level of unemployment in half a century, "thanks to our pro-growth economic policies" and noted plans to meet with Japan's Prime Minister Shinzō Abe to work on a new trade agreement.
While touting the might of the U.S. military, the president said the U.S. "does not seek conflict" and desires "peace, cooperation, and mutual gain with all," although his administration will "never fail to defend America's interests." He also called on member nations to increase their contributions to global security and "pay their fair share of the tremendous defense burden" that has largely fallen on the U.S.
On migration, Trump fired back against international criticim of his illegal immigration policies, saying, "Each of you has the absolute right to protect your borders and so, of course, does our country." He also criticized "open border activists" who he said pursue a "cruel and evil" agenda that is "empowering criminal organizations that prey on innocent men, women and children."
The president also derided socialism — the "wrecker of nations and destroyer of societies" — and declared that the U.S. will never be a socialist country.
Above all, however, Trump stressed that governments lead by "patriots" are the future of the world's nation-state system.
"The true good of a nation can only be pursued by those who love it, by citizens who are rooted in its history, who are nourished in its culture, committed to its values, attached to its people, and who know that its future is theirs to build," Trump said at the end of his speech.
As the U.S. comes up on the first anniversary of the January 6 insurrection.,A.C. Thompson, investigative reporter at ProPublica, joined Cheddar's Baker Machado to discuss updates to American Insurrection by FRONTLINE, ProPublica and Berkeley Journalism’s Investigative Reporting Program. The documentary investigates the attack on the Capitol touched off by the lie that the presidential election was stolen from Donald Trump but with new information gleaned since the event including interviews with lawmakers and law enforcement and the evolution of groups like the Boogaloo Boys and the Proud Boys behind the attack. "In some ways those groups that were kind of the vanguard of January 6 are maybe no longer relevant because their message is everywhere," he said.
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.
