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Extracted Claims (29746)

Scaife was no one’s idea of a benevolent philanthropist; asked in 1981 by a female reporter why he contributed so much money to the New Right, he replied, “You fucking communist cunt, get out of here.... 0.900

👤 The author 📋 News Article 🏷️ Person , Politics , Finance

Simplified: Scaife was not a benevolent philanthropist he made an offensive statement in 1981.

1 sources

4 days ago
Scaife would die a billionaire in 2014. 0.900

👤 The author 📋 News Article 🏷️ Economics , History

Simplified: Richard Mellon Scaife died a billionaire in 2014.

1 sources

4 days ago
Among those whom the White House solicited for assistance building AEI was the oligarch Richard Mellon Scaife, grandnephew of Andrew Mellon, from whose fortune Scaife inherited more than $500 million. 0.900

👤 The author 📋 News Article 🏷️ Economics , History

Simplified: Richard Mellon Scaife inherited over $500 million from Andrew Mellon.

1 sources

4 days ago
By 1971, Charles Colson, who led the effort with fellow White House staffer Bryce Harlow, could boast in a memo, “we have now more than doubled their operating budget,” and “they are taking on a numbe... 0.900

👤 Charles Colson 📋 News Article 🏷️ Politics , Economics

Simplified: Charles Colson boasted of doubling AEI's budget by 1971.

1 sources

4 days ago
In 1974, Gibbs reports in Revolt of the Rich, Business Week advised that many Americans would have to “accept the idea of doing with less so that big business can have more.” 0.800

👤 Business Week 📋 News Article 🏷️ Economics , Politics

Simplified: Business Week advised Americans to accept doing with less in 1974.

1 sources

4 days ago
In 1975, William Simon, treasury secretary for President Gerald Ford, complained that capital formation in the United States was “the lowest of any major industrialized country in the free world.” 0.900

👤 William Simon 📋 News Article 🏷️ Economics , Politics

Simplified: William Simon complained US capital formation was lowest in industrialized countries in 1975.

1 sources

4 days ago
The annual rate on return of nonfinancial capital, they found, had dwindled from 10–13 percent in the 1950s and 1960s to an average of 7.9 percent in the 1970s. 0.900

👤 Martin Feldstein and Lawrence Summers 📋 News Article 🏷️ Economics , Statistics

Simplified: Nonfinancial capital return fell from 10-13 percent to 7.9 percent.

1 sources

4 days ago
Much of the impetus for the Great Forgetting, University of Arizona historian David N. Gibbs reports in his 2024 book Revolt of the Rich, was corporate dissatisfaction with its own performance amid sp... 0.800

👤 David N. Gibbs 📋 News Article 🏷️ Economics , History

Simplified: Corporate dissatisfaction drove the Great Forgetting according to David N. Gibbs.

1 sources

4 days ago
In a 2012 book, I call the period that followed the Great Compression, which persists to this day, the Great Divergence. 0.900

👤 The author 📋 News Article 🏷️ Economics , History

Simplified: The author calls the period after Great Compression the Great Divergence in a 2012 book.

1 sources

4 days ago
Income share for the top 10 percent, which had risen to nearly 50 percent under Mellon, fell to 35 percent or less under Roosevelt and his successors until 1979 (when it started climbing again). 0.900

👤 The author 📋 News Article 🏷️ Economics , Statistics

Simplified: Top 10 percent income share fell under Roosevelt to 35 percent until 1979.

1 sources

4 days ago
His sister Penny, along with two other Chicago billionaires, helped persuade Obama not to support a pro-union “card check” bill that was a forerunner to today’s Protecting the Right to Organize Act. 0.900

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Penny Pritzker and other billionaires persuaded Obama against a pro-union bill.

1 sources

4 days ago
From the 1930s through most of the 1970s, American government remained oligarch-unfriendly. 0.800

👤 The author 📋 News Article 🏷️ Politics , Economics , History

Simplified: American government was oligarch-unfriendly from 1930s through 1970s.

1 sources

4 days ago
One hopes that the billionaire Illinois Governor Jay Pritzker, who’s running unofficially for the Democratic nomination in 2028, will also play traitor to his class, but be prepared for surprises. 0.700

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Illinois Governor Jay Pritzker may betray his class.

1 sources

4 days ago
Edward Kennedy helped push through deregulation of trucking and airlines (policies that, to be sure, were supported at the time by other liberals in good standing like Ralph Nader). 0.900

👤 The author 📋 News Article 🏷️ Politics , Government

Simplified: Edward Kennedy helped deregulate trucking and airlines.

1 sources

4 days ago
John F. Kennedy successfully championed lowering the top marginal tax rate from 91 to 70 percent (signed into law by Lyndon Johnson after JFK’s assassination) 0.900

👤 The author 📋 News Article 🏷️ Political , Historical , Finance , Regulation

Simplified: John F Kennedy championed lowering top marginal tax rate from 91 to 70 percent. Lyndon Johnson signed it into law after JFK's assassination.

1 sources

4 days ago
This was partly because Kennedy feared “the loss of foreign trade that’s going to threaten to change our form of government.” 0.900

👤 The author 📋 News Article 🏷️ Political , Historical , Economic

Simplified: Kennedy feared loss of foreign trade would threaten to change our form of government.

1 sources

4 days ago
His net worth at the time of his death in 1969 was about half a billion. 0.900

👤 The author 📋 News Article 🏷️ Finance , Historical

Simplified: Kennedy's net worth at death in 1969 was about half a billion.

1 sources

4 days ago
In 1937, Roosevelt named Kennedy ambassador to London, and Kennedy proceeded to end all prospects of a continued career in government by opposing U.S. entry into World War II. 0.900

👤 The author 📋 News Article 🏷️ Political , Historical

Simplified: Roosevelt named Kennedy ambassador to London in 1937. Kennedy opposed U.S. entry into World War II ending his government career.

1 sources

4 days ago
Kennedy then wrote (with uncredited help from New York Times columnist Arthur Krock) a book titled I’m for Roosevelt for the 1936 campaign, in which Kennedy sought to reassure his fellow business lead... 0.900

👤 The author 📋 News Article 🏷️ Political , Historical

Simplified: Kennedy wrote book I'm for Roosevelt for 1936 campaign. Kennedy sought to reassure business leaders New Deal is founded on capitalism. No civilized co...

1 sources

4 days ago
Though credited with getting the agency up and running, Kennedy “stepped down before newer, tougher regulation went into effect,” according to an official SEC history. 0.900

👤 The author 📋 News Article 🏷️ Political , Historical , Finance , Regulation

Simplified: Kennedy credited with getting SEC up and running. Kennedy stepped down before newer tougher regulation went into effect according to SEC history.

1 sources

4 days ago