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Socialism op-ed and Thailand's Chinese EV bill

Thailand's subsidies and tax cuts for electric vehicles opened its market to Chinese brands; now it is trying to protect its factories, and a Fox op-ed questions the cost of socialism.

Photo: Dmitryshein · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0
▶ As it aired · Your Money

Watch it as it aired: Hank Ledger and Dale Bearman on this story, from Wake Up, America at 5:23 AM ET. Cartoon anchors, real headline: the facts are Fox News's, the jokes are ours.

Photo: Zohran Mamdani
Photo: Dmitryshein · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0

At a glance

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

What BBN said about it

  1. Hank Ledger · Lead AnchorTwo stories this morning, and both come with a bill.

  2. Hank Ledger · Lead AnchorFox News has an opinion piece from a Cuban-born writer arguing that socialism costs far more than its supporters admit.

  3. Hank Ledger · Lead AnchorIt responds to New York's mayor, Zohran Mamdani, who says socialism means dignity, and it cites a White House economic report warning about the cost.

  4. Dale Bearman · Chief Skeptic & ContributorDignity, with a surcharge. I've read that menu, Hank, and the fine print is always where the dignity goes.

  5. Hank Ledger · Lead AnchorIt's an opinion piece, so take it as one. The other side would say you're paying for rent and groceries either way.

  6. Dale Bearman · Chief Skeptic & ContributorEveryone's paying for something. That's the cheerful part.

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The story so far

  1. Netflix Bihar rom-com and a Busan AI market join the Gilroy chatter · Deadline
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  3. EU-China deal could cut Chinese EV imports by up to half · Fortune
  4. Brake-pedal failures in luxury EV put Chinese cars' quality in… · SCMP
  5. G20 money chiefs meet in Thailand as Iran war lifts energy costs · Al Jazeera
  6. Thailand's Queen Suthida pilots royal aircraft to Japan after solo… · Hindustan Times
  7. Socialism op-ed and Thailand's Chinese EV bill (this story)

From the archive: everything BBN aired on Friday, October 16, 2026 · the Your Money archive · all months