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Yahoo
3 days ago
- Business
- Yahoo
Grant Cardone Says If You Want To 'Get Out' Of The Middle Class, You Need To Quit Saving Money, Buying Homes, Or Borrowing For College
Entrepreneur and real estate mogul Grant Cardone is sounding off on the financial habits keeping Americans stuck in the middle class. In a recent appearance on 'My View with Lara Trump' on Fox News, Cardone laid out a roadmap to financial freedom that goes against conventional wisdom—and popular personal finance gurus like Dave Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — 'Middle class is mythology,' Cardone said, adding that inflation, high mortgage costs and rising food prices are crushing working families. 'My encouragement to the middle class is get out of it. Once again, move yourself up so there's prosperity and abundance—and not just putting everything on a credit card in life.' Cardone, who was raised by a single mother, said he's been through it and wants people to rethink the old advice. He argued that the reason most people are financially stuck is because they're doing what they were told to do: save money, buy a house, save for retirement and borrow for college. He says those strategies simply don't work anymore. 'The middle class has been left behind because they've been saving money and doing the right things—and it's not working,' Cardone said. Trending: Maximize saving for your retirement and cut down on taxes: . Instead, he said people should start doing what the wealthy do. That includes using tax advantages, making smart investments, and not leaving money sitting in a savings account. 'Actually put money to work,' he said. 'That's why I'm excited about President Trump. I've reduced my tax bill as low as I could, and you should too.' Cardone praised President Donald Trump's policies for giving business owners room to grow. 'If you're an entrepreneur, you need incentives, rewards to take those risks,' he said. He contrasted that with his experience in California, where he says taxes and regulations punished him every time he tried to expand. Cardone also pushed back on the idea that financial struggles are purely individual failings. 'If a mass group of people suffer from the same thing, it's not their fault anymore,' he said. 'It's because they've all been taught the same thing.' He called most Americans financially illiterate 'by design' and said the solution is to reeducate people with strategies that actually build message runs counter to the kind of advice pushed by financial figures like Dave Ramsey, who encourages people to stay out of debt, buy homes, and save for emergencies. Instead, Cardone believes those old strategies are part of the problem—and not the way out. 'We need to re-indoctrinate people to what wealthy people do,' he said. 'Use tax advantages and make good investments.' Read Next: Invest where it hurts — and help millions heal:. Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Grant Cardone Says If You Want To 'Get Out' Of The Middle Class, You Need To Quit Saving Money, Buying Homes, Or Borrowing For College originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Here's who Trump pardoned this week
President Donald Trump has issued a number of high-profile pardons in recent days, garnering criticism from Democrats and centrist Republicans — but not from Trump's allies. About one of these pardons, Trump pardon attorney Ed Martin recently posted to X: 'No MAGA left behind.' Here's a list of Trump's acts of clemency from the last week. On Tuesday, Trump announced his intentions to pardon reality TV stars Todd and Julie Chrisley, both of whom were convicted of tax evasion and bank fraud in 2022. Savannah Chrisley, their daughter, is an ally to the Trump family, having filmed an episode of 'My View with Lara Trump' earlier this year and speaking at the Republican National Convention last summer, per Axios. Former Connecticut Gov. John Rowland, who is Republican, resigned several years ago after pleading guilty to conspiracy. He had also been accused of accepting bribes and facilitating grift. 'I am very humbled and deeply appreciative,' Rowland said in a statement to WTNH. 'This is a wonderful final resolution.' Former Rep. Michael Grimm, R-N.Y., was convicted in 2014 of tax fraud. Prosecutors also alleged that he threatened a reporter who questioned him about his case, per CBS News. Grimm is a former Marine and FBI agent. He served about six months in prison, then unsuccessfully tried to return to politics, losing several campaigns in the primary stage. In September 2024, Grimm was paralyzed from the chest down after a horse threw him during a polo tournament. Grimm now works at Newsmax, a right-wing television network, from which position he enthusiastically supports Trump. Longtime Trump supporter Scott Jenkins was convicted of fraud and bribery in December 2024. Trump pardoned him just before he was set to report to jail on Tuesday. 'Sheriff Scott Jenkins, his wife Patricia, and their family have been dragged through HELL,' Trump posted to Truth Social, accusing Biden and 'Radical Left monsters' of leaving Jenkins 'for dead.' Trump said that Jenkins had tried to offer evidence defending himself — Jenkins was accused of taking bribes from eight people who wished to avoid traffic tickets and carry firearms without permits — but that the judge had 'shut him down ... then went on a tirade.' It was about this pardon that Martin wrote: 'No MAGA left behind.' Trump also commuted the life sentence of Larry Hoover, a convicted murderer and gang leader. Hoover's convictions occurred decades ago and he has since renounced his gang ties, according to the BBC. After news of Trump's commutation broke online, Hoover's lawyer Justin Moore stated: 'We got Larry Hoover out of federal prison — when many said it was impossible. … Illinois must send him home for good.' NBA YoungBoy, whose real name is Kentrell Gaulden, saw his Utah conviction pardoned. Gaulden, now 25, was initially sentenced by a U.S. District Court judge in Utah in December to nearly two years in prison and five years of probation over firearms charges. Gaulden was credited for time spent in jail for an arrest related to a prescription fraud ring in April 2024. Gaulden also pleaded no contest to two counts of identity fraud, two counts of forgery and six counts of unlawful pharmacy conduct. Pardon czar Alice Marie Johnson told Fox News they considered Gaulden's upbringing in an impoverished neighborhood before issuing the pardon, as well as the circumstances surrounding the firearms charges. 'I want to thank President Trump for granting me a pardon and for giving me the opportunity to keep building — as a man, as a father, and as an artist," Gaulden wrote on his Instagram. 'This moment means a lot.' At the end of April, Trump pardoned Paul Walczak, a former nursing home executive whose tax crimes left him owing over $4 million to the federal government. Walczak was convicted of depriving his employees of tens of millions of dollars, using those funds instead to buy jewelry, trips and a $2 million yacht. His pardon followed $1-million-per-person fundraising dinner that Trump held at Mar-a-Lago. Elizabeth Fago, Walczak's mother, was in attendance, per The New York Times. She has donated millions to the GOP. This is not an exhaustive list of Trump's second-term pardons. It is not unusual for presidents to issue pardons or to commute sentences, especially to people who have committed nonviolent offenses. And clemency requests have skyrocketed in the modern era, with every president since George W. Bush receiving tens of thousands of requests. G.W. Bush granted only 189 pardons. President Bill Clinton, his predecessor, granted 396, while President Barack Obama, his successor, granted 212. During President Donald Trump's first term he granted 144 pardons. Former President Joe Biden granted just 80 pardons, but his were 'historically unique,' per Pew Research Center. He issued 'preemptive pardons' to prominent figures that he believed Trump might pursue charges against, including Dr. Anthony Fauci and some of his family members, including his son Hunter Biden. Trump began his second term by pardoning or commuting the sentences of over 1,200 white nationalists and other MAGA loyalists who stormed the U.S. Capitol on Jan. 6, 2021.
Axios
27-05-2025
- Entertainment
- Axios
Trump to pardon reality TV stars convicted of tax evasion and bank fraud
President Trump will issue pardons for reality television stars Todd and Julie Chrisley, the White House announced on Tuesday. The big picture: The Chrisleys, who starred on "Chrisley Knows Best" documenting their lavish lifestyle, were convicted of tax evasion and bank fraud in 2022. Driving the news: Trump called their daughter, Savannah Chrisley, to inform her he would issue a pardon, a video posted on X by White House officials shows. "Your parents are going to be free and clean, and I hope we can do it by tomorrow," Trump said. "They were given pretty harsh treatment." Zoom in: Influencer and reality star Savannah Chrisley, while seeking her parent's release, filmed an episode of "My View with Lara Trump" with the president's daughter this month. She was also a guest speaker at the Republican National Convention ahead of the 2024 presidential election. Zoom out: Trump also issued a pardon Tuesday for Paul Walczak, a former nursing home executive who pleaded guilty to tax crimes last year.
Yahoo
20-05-2025
- Politics
- Yahoo
Savannah Chrisley talks to Laura Trump about prison reform, parent's plight on FOX News
The Brief Savannah Chrisley has become an advocate for prison reform, driven by her parents' conviction and her personal experiences with the justice system. She criticizes the handling of her family's case, alleging they were unfairly targeted due to their celebrity status and drawing parallels with other high-profile legal cases. Chrisley calls for changes in the incarceration of non-violent offenders, supporting ideas like transforming prisons into working farms to provide rehabilitation and basic necessities. Savannah Chrisley, once known for her role on the reality television show Chrisley Knows Best, has become a vocal advocate for prison reform after her parents, Todd and Julie Chrisley, were convicted of financial crimes in 2022 and sentenced to federal prison. Chrisley on 'My View with Lara Trump' on FOX News on Sunday said she wants people to know about her family's story. What they're saying Chrisley, now the legal guardian of her younger siblings Chloe and Grayson, has stepped away from the spotlight of scripted television and into the public policy arena, driven by personal experience and a mission to call out what she describes as a broken justice system. "I was on TV for ten years and it was a scripted comedy," Chrisley said in a recent interview. "People think it was a big reality show, but really a scripted comedy. It's been hard for me to break away from that mold... they don't give me a chance to prove myself." That changed when her parents went to prison. "I knew nothing about prisons. I thought that people go to prison and that is what it is. And that is so far from the truth," she said. Savannah Chrisley has not shied away from criticizing how the case against her family was handled. "Our case was in Georgia and they were not going to prosecute because they said it was very weak," she said. "It took nine years to issue a federal indictment. The prosecutors were Democrats. They donated to Democratic candidates... At trial we knew it was over." She also claims the family was unfairly targeted because of their celebrity status. "There was a report... that substantiated the claims that they were unfairly targeted. They had my father's face on a dartboard in their office." Chrisley has drawn comparisons between her family's prosecution and recent legal troubles facing high-profile political figures. "I thought it was the Department of Justice, but I refer to it now as the Department of Injustice," she said. "You don't understand until it happens to you... When you see your name in United States versus the Chrisleys, it causes you to take a step back." Her public comments have not come without consequences. She says the judge in her parents' trial reprimanded her for speaking out. "The judge looked at me and said, 'To the person who has minor children in your custody, you need to be more concerned with the children's well-being than spreading false information to the public.' This was right after I spoke at the RNC," she said. Despite the challenges, Chrisley says she is determined to keep speaking up—not just for her parents, but for others navigating the prison system. "My dad got 12 years and my mom got seven. That sentence is extremely harsh. There is no rehabilitation whatsoever," she said. She's called for a shift in how non-violent offenders are incarcerated, supporting ideas like those raised by independent presidential candidate Robert F. Kennedy Jr. "He spoke about wanting to turn these [facilities] into actual working farms where people learn a trade, grow their own food... I love that," she said. Chrisley also criticized conditions inside the facilities, saying her mother's prison in Kentucky lacks air conditioning. "Regardless of what someone does, I think you should have basic bare necessities. It's heartbreaking." She speaks to her parents daily, though calls are brief due to limited minutes. "They are okay, but it's extremely sad to see how these individuals are treated," she said. Even with the weight of her family's legal issues and raising her siblings, Chrisley remains motivated by her parents' support. "My mom literally yesterday got in the mail a Mother's Day card... it said, 'I will never be able to repay you for what you've done for Chloe and Grayson and us. I am so proud of you.'" The Source This article is based on an interview with Savannah Chrisley on 'My View with Lara Trump' on the FOX News Channel.
Yahoo
03-05-2025
- Automotive
- Yahoo
Musk slams critics for Nazi comparisons: ‘Character assassination'
(The Hill) — Tech billionaire Elon Musk reflected on his speech after President Trump's inauguration in January, while lashing out at the media for misportraying what he called a loving gesture as a Nazi salute. Musk, who has played an influential role in helping Trump overhaul the government during the president's first 100 days in office, slammed those who have criticized his role as an adviser in the administration and for comparing his rhetoric and mannerisms to Nazi Germany during a recent interview on Fox's 'My View with Lara Trump.' The Fox host — also the president's daughter-in-law — invoked the billionaire's childhood in South Africa amid the Apartheid regime when asking how he felt about the comparisons. 'Well, I mean, look, it's a relentless propaganda campaign, which obviously President Trump has experienced for a very long time, 20 years, maybe longer,' he said in the interview, set to air Saturday evening. 'And politics is a blood sport, so they're going to come up with whatever attacks they can to destroy the public perception of someone.' 'Now, obviously, I've not harmed anyone in my life, so it's an outrageous thing to claim that I'm a Nazi,' the Tesla CEO added, while defending Trump against similar attacks. Musk's comments come after Democrats have lavished criticism on the billionaire for his advisory role leading the Department of Government Efficiency (DOGE) to conduct mass layoffs across the federal workforce and cut funding from various programs. His gesture at the post-inauguration event and influence over the recent German election also raised eyebrows among critics. The key Trump ally cast at least some of the blame on legacy media, saying it's 'disappointing how well propaganda works.' 'If you repeat a lie, you know, the sort of 'he's a Nazi lie' enough times, some people actually believe it, especially people that still believe the legacy news, you know,' he told Lara Trump. He added later, 'They really are trying every angle to get me… if they could press a button and kill me. In reality, they would press that button immediately. But since … I'm a little difficult to kill. They are doing character assassination instead.' Some have come to his defense in recent months, including Israeli Prime Minister Benjamin Netanyahu and the Anti-Defamation League, a nonprofit focused on combating antisemitism. The relationship between Trump and Musk has also been in headlines recently as the tech guru's status as a White House special employee is set to expire on May 30. The president, however, said earlier this week that the billionaire, who also owns SpaceX and the social platform X, could stay as long as he wants. Musk, in the interview Saturday, described his friendship with the commander-in-chief. 'I do consider the president a friend. I think he considers me a friend and we get along very well,' he told Lara Trump, the wife of the president's middle son Eric Trump. 'I think probably if you asked us both the same set of questions in two different rooms, 80 percent of the time we would come up with the same answer,' Musk said, adding that, 'we almost always agree.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
