Elections & Lithium Mining: Why is the US Suddenly Running ‘Get Out the Vote Ads’ in Nigeria?

Elections & Lithium Mining: Why is the US Suddenly Running ‘Get Out the Vote Ads’ in Nigeria?

Last year, US-based electric vehicle company Tesla put in a bid for a contract to mine some of that Lithium, but the Nigerian government denied them. Nigeria, like most African countries, has a history of foreign powers exploiting them for their national resources while offering little value to the people of Nigeria.

Video via Activist News Network

Related:

What Would It Mean for Nigeria to Elect an Igbo President?

How Much Is US Aid to Ukraine Costing You?

In 2022, the U.S. government approved expenditures of $113 billion on aid to Ukraine. The Committee for a Responsible Federal Budget writes:

In total, CBO estimated that $6.6 billion of the $113 billion would be spent in FY 2022 and another $37.7 billion in FY 2023. Furthermore, CBO estimated more than half of the approved funds would be spent by the end of FY 2024 and more than three-fourths by the end of FY 2026.

How much will that cost the average household? There are approximately 131.2 million households in the United States. So the average cost per household is $113 billion divided by 131.2 million, which is $861.

How Much Is US Aid to Ukraine Costing You?

Tax Flight Is a Myth

Tax Flight Is a Myth

Related:

Dispelling the Myth of Tax-Induced Capital Flight

A study by the American Sociological Association in 2016 found that while massive top rate tax hikes might cause some millionaires to move from their high-tax state to a low-tax state, the amount of them doing so for this reason was negligible. Millionaires moved for tax purposes around 2.2% of the time. Indeed, in any event the rate of inter-state migration generally was lower for millionaires, at 2.4%, than it was for the general population, at 2.9%.

Debunking the Myth of the Fleeing Millionaire

A Bottomless Pinocchio for Biden — and other recent gaffes

President Biden is a self-described “gaffe machine.” That’s no excuse, of course, for a president making false or misleading statements. Readers have asked for fact checks of a variety of recent Biden statements, but none of them seemed big enough for a stand-alone fact check. So here’s a roundup of some of the president’s recent errors of fact, made as he has barnstormed the country boosting Democrats and raising contributions in advance of the midterm elections. We generally do not award Pinocchios for roundups like this — but for reasons that will become clear, we need to make an exception for the first one.

A Bottomless Pinocchio for Biden — and other recent gaffes (archived)

Biden administration scales back student debt relief for millions amid legal concerns

Biden administration scales back student debt relief for millions amid legal concerns

But there are significant business interests that depend on the federally guaranteed loan program — a wide range of private lenders, banks, guaranty agencies, loan servicers and investors. That industry is widely seen, both inside and outside the administration, as presenting the greatest legal risk to the debt relief program.

Many of those companies face economic losses when they lose borrowers who convert their federally guaranteed loans into new loans that are made directly by the Education Department through a process known as consolidation.

Can’t afford to lose those campaign donations!