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Steve Forbes backs Trump’s Mt Rushmore warning on communism: ‘He’s right’

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Steve Forbes has been a bold advocate for the American capitalist system, free markets and sound money for decades. As the chairman and editor-in-chief of Forbes, and a presidential candidate in 1996 and 2000, he has been one of the nation’s leading voices on economics.

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Recently, Forbes sat down with Fox News Digital at Freedom Fest in Las Vegas to discuss the state of the American economy, New York City’s socialist turn, and the policies of the Trump administration.

STEVE FORBES: CHUCK SCHUMER HAS A BEEF WITH BEEF, BUT DOESN’T EVEN KNOW HOW TO GRILL IT

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«First of all, New York City has had a reputation in the past of electing radical candidates, including the allegedly only communist member of Congress back in the late 1940s. So there is that streak there. But more importantly, I think it shows that people, a lot of people, are dissatisfied.

The 78-year-old scion of a publishing empire said the left is better organized than it’s freedom-loving counterparts.

«We’ve got to get the message out,» he said. «And one thing that the left has learned is that you try to occupy the high moral ground. Even if you wreck people’s lives, kill millions of people under socialism, communism, your intentions were good.

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«So they try to play the moral card. And so it’s not enough to say, ‘Well, free enterprise gives you more prosperity.’ You also have to put on the plane that free enterprise is moral. It’s based on liberty, based on allowing human beings to be creative, or as Lincoln put it, improve your lot in life.»

Following Trump’s Mount Rushmore speech and its depiction of the internal threat of communism, Forbes agrees, citing another U.S. president.

«Whatever you call it, communism, socialism, extreme leftism, anti-Semitism, it’s all the same disease,» Forbes said. «Abraham Lincoln put it very well in the 1800s. He said, ‘It won’t be foreign forces that destroy the United States. It’ll be things we do internally.’»

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Abraham Lincoln

Abraham Lincoln (1809-1865), the sixteenth president of the United States, was president during the American Civil War of 1861-1865. His greatest act was issuing the Emancipation Proclamation, abolishing slavery, in 1863. He was assassinated just after the war on April 14, 1865, by actor John Wilkes Booth. (Photo by © CORBIS/Corbis via Getty Images)

Forbes suggested that many incorrectly blame problems on free markets, when they should instead be blaming government policies:

«What happens is when governments start making mistakes and doing things that people don’t like and that hurt people’s prospects for getting ahead, upsetting society, they blame it on capitalism. They blame it on free markets,» he said. «So they help wreck free markets and then say, ‘The victim is the cause of it.’»

Prosperity and innovation can only flourish with freedom, Forbes said. While capitalism isn’t perfect, it has led to inventions that improve our lives, according to Forbes.

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STEVE FORBES: MAMDANI’S SOCIALIST RENT CONTROL PUTS NEW YORK ON THE ROAD TO HOUSING RUIN

«Take your handheld,» he said. «If you’d said 30 years ago [that your] grandma could operate a supercomputer, you’d have gotten a rather strange look. Now we take it for granted. The first one was just 40 years ago, cost $3,995, weighed like a brick, the size of a shoebox. And today we have handhelds that are really supercomputers that can do anything anywhere. And in real terms, they get cheaper and cheaper. So that’s the miracle of human creativity. And then the amazing thing is we take it for granted.»

Forbes has long been an advocate for sound money, and a prominent critic of the Federal Reserve:

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The Federal Reserve building is seen in Washington, DC, March 15, 2026.

The Federal Reserve sets the nation’s monetary policy and influences borrowing costs across the economy. (Annabelle GORDON / AFP via Getty Images)

«Start with the Federal Reserve, the idea that prosperity causes inflation. Experience shows time and time again, it’s absolute nonsense. So if the economy starts to do well, you hear mutterings from the central bank asking, ‘Is the economy overheating?’ as if the economy is a machine,» Forbes said.

«So ask yourself, if your income is improving, do you start to feel overheating? Do you start to sweat at night? You know, ‘Take it away because I’m overheating?’ No, it’s preposterous,» he said.

The central bank’s role is to preserve the integrity of the dollar, not to manage economic activity by trying to manipulate interest rates, according to Forbes.

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«And yet most free marketeers, for example, realize rent control distorts markets and ends up costing more and giving people less,» Forbes noted. «Well, what is controlling interest rates? It’s a form of rent control. They used to call interest rent. You’d rent the money.»

His prescription for the Trump administration is simple:

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«On the domestic front, go for a new round of tax cuts. Reduce tax rates for individuals and for businesses,» Forbes said. «Taxes are a price. So, propose it. Congress may not pass it, but you’ve got an issue you can take to the voters. 

Zohran Mamdani in February 2026

New York City Mayor Zohran Mamdani speaks to reporters during a news conference in New York, Tuesday, Feb. 17, 2026. (AP Photo/Seth Wenig)

Selling such a plan to the public could be done with some savvy marketing, Forbes added.

«Bring out examples of people who have benefited enormously from not taxing overtime, not taxing tips, and saying, remember those old late night TV commercials [where hawkers would say] ‘But wait, there’s more?’ They can say, ‘But wait, there’s more. We’re going to have big tax cuts. Everyone’s going to benefit.’

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«And continue with the deregulation,» he concluded. «You go on that path, and good things will happen.»

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El Partido de los Trabajadores proclamó a Lula como candidato para un cuarto mandato en Brasil

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La convención del PT selló la reedición de la alianza con el moderado Alckmin como candidato a la vicepresidencia.

El Partido de los Trabajadores (PT) de Brasil oficializó este domingo la candidatura del mandatario Luiz Inácio Lula da Silva para las elecciones presidenciales de octubre, en las que buscará un histórico cuarto mandato no consecutivo con la mayoría de las encuestas a su favor.

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“Quiero decir para toda la militancia de los partidos que están aquí: homologamos, oficializamos ahora. Lula, presidente; Geraldo Alckmin, vice», dijo el presidente del PT, Edinho Silva, en una entrevista previa a la ceremonia, celebrada en el centro de convenciones Expo Center Norte, en São Paulo, el mayor colegio electoral del país.

El evento, que comenzó puntual a las 10:00 hora local (13:00 GMT), selló la reedición de la alianza con el moderado Alckmin como candidato a la vicepresidencia, ante cientos de militantes, ministros y dirigentes del bloque oficialista.

A sus 80 años, Lula encara su séptima carrera a la Jefatura de Estado, tras haber gobernado entre 2003 y 2010 y regresar al poder en 2023.

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Tengo la misma energía de cuando tenía 30 años”, ha reiterado el veterano líder sindical para disipar dudas sobre su salud.

La “soberanía” como bandera frente a Trump

Fotografía del 29 de julio de 2026 del presidente de Brasil, Luiz Inácio Lula da Silva, (c-i) junto al vicepresidente, Geraldo Alckmin (c-d) en la convención de referéndum del Partido Socialista Brasileño (PSB), en el Centro de Convenciones Brasil21, en Brasilia (Brasil). EFE/ Andre Borges
Fotografía del 29 de julio de 2026 del presidente de Brasil, Luiz Inácio Lula da Silva, (c-i) junto al vicepresidente, Geraldo Alckmin (c-d) en la convención de referéndum del Partido Socialista Brasileño (PSB), en el Centro de Convenciones Brasil21, en Brasilia (Brasil). EFE/ Andre Borges

La campaña se abre bajo la sombra de Donald Trump, aliado de la familia Bolsonaro y que ha respaldado a varios candidatos en América Latina. “En Brasil no aceptamos que nadie meta la nariz donde no lo llaman”, advirtió Lula la semana pasada.

Estados Unidos impuso en julio dos rondas de aranceles a productos brasileños, tras acusar al país de prácticas comerciales desleales. Alentado por Eduardo Bolsonaro, hijo del ex presidente, Washington ya había aplicado gravámenes similares en 2025 —luego suspendidos en buena parte— en represalia por el juicio contra Jair Bolsonaro. Ante la nueva presión, Lula prometió una «guerra de la verdad contra la mentira» frente a su par estadounidense y acusó a Flávio Bolsonaro de ser un “traidor a la patria” por, según él, alentar el castigo económico a Brasil.

“La narrativa sobre la soberanía le calza como un guante a Lula: en un momento de caída de su popularidad, logra identificar a un enemigo allá afuera”, dijo a la agencia AFP el politólogo Leonardo Paz, de la Fundación Getúlio Vargas.

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El clima bilateral sigue deteriorándose: la semana pasada Brasilia negó las visas a dos funcionarios estadounidenses que pretendían viajar al país para hablar de “integridad electoral”.

FOTO DE ARCHIVO: Una vista aérea tomada con un dron muestra el edificio de la sede del Banco Central en Brasilia, Brasil, el 26 de diciembre de 2024. REUTERS/Ueslei Marcelino/File Photo
FOTO DE ARCHIVO: Una vista aérea tomada con un dron muestra el edificio de la sede del Banco Central en Brasilia, Brasil, el 26 de diciembre de 2024. REUTERS/Ueslei Marcelino/File Photo

Lula defiende los avances de su gestión en la caída del desempleo y la reducción de la pobreza, en un contexto de desaceleración económica, con un crecimiento del PIB en torno al 2 % para este año electoral, tras el 3,4 % de 2024 y el 2,3 % de 2025.

La presión inflacionaria —marcada por factores internos y por el alza de precios de alimentos y combustible en el contexto geopolítico— mantiene la tasa básica de interés en 14,25 %, junto a un déficit nominal cercano al 10 % del PIB y una deuda pública que superó el 80 %. Son puntos que la oposición busca explotar, junto con la lucha contra el crimen organizado, que controla barrios populares donde viven millones de personas.

La corrupción también pesa sobre ambos candidatos. Esta semana, un juez de la Corte Suprema autorizó dos investigaciones por tráfico de influencias contra el hijo mayor de Lula, Fábio Luís Lula da Silva, conocido como “Lulinha”, por presuntas gestiones ante el Ministerio de Salud. Del lado opositor, Flávio Bolsonaro enfrenta cuestionamientos por el financiamiento de una película sobre su padre, para la cual habría pedido dinero a un banquero acusado de una megaestafa.

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FOTO DE ARCHIVO: El senador brasileño Flavio Bolsonaro habla durante un evento en São Paulo, Brasil, el 18 de junio de 2026. REUTERS/Alexandre Meneghini/File Photo
FOTO DE ARCHIVO: El senador brasileño Flavio Bolsonaro habla durante un evento en São Paulo, Brasil, el 18 de junio de 2026. REUTERS/Alexandre Meneghini/File Photo

Los comicios de octubre se perfilan como una nueva disputa polarizada entre el progresismo de Lula y la extrema derecha que encarna Flávio Bolsonaro, de 45 años, oficializado la semana pasada como heredero político del espacio conservador. Su padre, Jair Bolsonaro, está inhabilitado, condenado a 27 años de prisión domiciliaria por intento de golpe de Estado, tras perder las elecciones de 2022 ante Lula.

Según la última encuesta de Datafolha, Lula obtendría un 48 % de la intención de voto en un eventual balotaje, frente al 43 % de Flávio Bolsonaro — una diferencia estrecha, similar a la de la ajustada campaña de 2022.

(Con información de EFE y AFP)



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Satellite images show evidence of oil leak spreading from sanctioned vessel near Oman

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A sanctioned tanker loaded with crude is leaving a growing trail of oil in protected waters off the coast of Oman, according to newly reviewed satellite images, as experts warn the stranded vessel could break apart during the region’s rough monsoon season.

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Satellite images reviewed by The Associated Press show an oil sheen covering roughly 20 square kilometers, or about 8 square miles, around Dhofar’s Qibliyah Island, part of Oman’s protected Hallaniyat Islands. Dark patches of crude have also reached the shoreline. Experts say the leak has worsened in recent days, fueling fears that rough weather could trigger a much larger spill.

«The last few days, the imagery indicates an increase in oil coming out, as the size of the sheen is growing,» Wim Zwijnenburg, an environmental expert with the Dutch peace organization PAX, told the AP.

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This satellite image from Planet Labs PBC shows crude oil leaking and spreading from the sanctioned Suezmax tanker Caroline Bezengi grounded off the coast of Oman, on Friday, July 31, 2026. (Planet Labs PBC via AP)

He said the biggest risk is that the vessel could break apart as strong winds and rough seas during the annual monsoon season continue to pound the ship’s hull.

The 899-foot, Cameroon-flagged Caroline Bezengi has been stranded off Oman’s southern coast since June after its crew reported an onboard explosion, according to maritime news outlets. Reuters, citing maritime security sources, reported the vessel first ran into trouble on June 8 near the Yemeni port of Mukalla, where initial assessments suggested a blast may have occurred. The cause has not been confirmed.

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Crude oil spreads from the grounded tanker Caroline Bezengi near Qibliyah Island, Oman.

This satellite image from Planet Labs PBC shows crude oil leaking and spreading from the sanctioned Suezmax tanker Caroline Bezengi grounded at Qibliyah Island, off the coast of Oman, on Friday, July 31, 2026. (Planet Labs PBC via AP)

Ship-tracking data reviewed by Reuters showed the tanker had loaded Russian crude at the Black Sea port of Novorossiysk before its latest voyage. The vessel has been sanctioned by the United Kingdom, the European Union, Canada and Switzerland for allegedly transporting Russian oil as part of Moscow’s so-called «shadow fleet» — a network of aging tankers used to bypass Western sanctions imposed after Russia’s invasion of Ukraine.

HUNDREDS OF RUSSIAN SHADOW TANKERS TRIGGER MILITARY ALARM TRANSITING NATO WATERS: REPORT

Zwijnenburg estimated the tanker is carrying more than 800,000 barrels of crude oil and said recent imagery suggests at least one section of the hull has been breached. Other maritime specialists who reviewed the images told Reuters the vessel also appears to be listing, adding to concerns that it could eventually break apart.

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Satellite image shows oil slick beside the Caroline Bezengi vessel off Oman coast.

A satellite image shows an oil slick next to the Caroline Bezengi, a sanctioned vessel off the coast of the Dhofar Governorate, Oman, July 28, 2026. (Planet Labs PBC/Handout via REUTERS)

The spill threatens a protected marine reserve in the Arabian Sea that is home to endangered petrels and other rare wildlife. Greenpeace Germany warned that oil has already polluted stretches of coastline and damaged the area’s fragile ecosystem.

«With oil apparently continuing to leak and the tanker stranded in a difficult location, there is a serious risk of a much larger oil disaster, with even more devastating consequences for the region’s coastlines and marine ecosystems,» Greenpeace Germany’s Nina Noelle told the AP.

The U.N.’s International Maritime Organization said earlier this week it is monitoring the situation, adding that while the vessel has not broken apart, authorities are continuing to assess the safety and environmental risks.

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Oman’s Ministry of Transport, Communications and Information Technology ordered the vessel’s owners to remove the ship and its cargo by July 23. It is unclear whether that deadline was met or whether the owners have responded.



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Trump demand puts vulnerable Republicans in impossible spot ahead of midterms

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Republicans are sounding the alarm that President Donald Trump’s demand to cancel August recess could cost the GOP seats in the midterms.

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As the upcoming jailbreak from Washington, D.C., fast approaches, Trump’s most-prized legislative push remains stalled. He wants Republicans to stay put until it’s finished, but the political reality says otherwise.

And it comes as Republicans are desperate to get out of the Beltway and sell their accomplishments, rather than their shortcomings, to voters on the campaign trail. The GOP has more to lose than Democrats this cycle, too, with three vulnerable incumbents and a handful of others on the periphery.

REPUBLICAN SAYS TRUMP’S TOP ELECTION PRIORITY ‘DEAD’ IN SENATE AS GOP FRACTURES AHEAD OF MIDTERMS

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President Donald Trump announces the Freedom Haulers initiative on West Executive Avenue in Washington, D.C., on July 30, 2026. (Andrew Harnik/Getty Images)

«Canceling August recess, where we have to have our members out campaigning and connecting with their voters, and people not understanding that, is about as tone-deaf as telling everybody to stay home in 2020 when we lost [Kelly] Loefler and [David] Purdue,» Sen. Thom Tillis, R-N.C., told Fox News Digital.

«It’s the same sort of thought process,» he continued. «It’s thinking that one branch runs this country and it doesn’t. If we don’t keep majorities, people are gonna regret it.»

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Several of Tillis’ colleagues, however, disagree, and want the Senate to stay put until the SAVE America Act passes, be it through the party-line budget reconciliation process or by nuking the filibuster.

GOP RIFT GROWS AS THUNE HITS BRAKES ON TRUMP’S ELECTION BILL TO AVERT SHUTDOWN

Trump’s pressure, the online zeitgeist and the political hot potato of the situation have put incumbents in a tough spot: go home and admit defeat, or stay put and push legislation that so far has not gone anywhere.

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For many Republicans, they openly acknowledge that it’s a math problem in the Senate — the GOP does not have the votes to pass the SAVE America Act. Some argue that keeping the Senate in town likely wouldn’t change the minds of those who oppose it.

«If it would make a difference in the outcome, I’m fine with that, but it won’t make a difference, which I don’t believe it will, that it’s an act of futility,» Sen. John Cornyn, R-Texas, told Fox News Digital.

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Republican Sens. John Cornyn and Thom Tillis are obstructing President Donald Trump’s attorney general nominee Todd Blanche. (Nathan Posner/Anadolu via Getty Images; Aaron Schwartz/CNP/Bloomberg via Getty Images; Tom Williams/CQ-Roll Call, Inc. via Getty Images)

Both Cornyn and Tillis are retiring — Tillis opted to get out during the tumultuous period that was passing the «big, beautiful bill,» and Cornyn was kneecapped by Trump, who backed Texas Attorney General Ken Paxton over him in a grueling primary battle.

But Cornyn noted that if he was still running for office, he might have a change of heart.

«I don’t know how that would come out, but if I was running for reelection, I would vote to stay,» he said.

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Cornyn’s point is the line that some vulnerable Republicans are toeing. Two Republicans running in tight races, Sens. Jon Husted, R-Ohio, and Dan Sullivan, R-Alaska, told Fox News Digital that they have been voraciously pushing for the SAVE America Act.

But, Sullivan said that he didn’t want to comment on the president’s push to cancel recess, while Husted said it was always preferable to be back in Ohio with his constituents.

«But I also have a job here, and if the job requires me to be here, then I’ll be here,» he said.

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Others in less tight races who support the legislation still understand the reality in the upper chamber: without changing the minds of a cohort of Republicans who have voted against it and flipping several Democrats, the SAVE America Act is going nowhere.

«I think to cancel the whole recess would be a problem, but I think to keep us up here another week or 10 days, certainly, I’m willing to do it. I’d stay here till November if I thought it would change things,» Sen. Roger Marshall, R-Kan., told Fox News Digital.

But he acknowledged that coming home empty-handed was a problem, too.

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«The base would be mad if we don’t make the best effort possible to get this voter ID across the finish line,» Marshall said.

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