Last month, Steve Forbes published a hit piece in the famous Forbes Magazine about SMART-TD. He penned his editorial without verifying any of his “facts” with SMART-TD, which could explain how and why he got everything wrong. From our finances to our mission, this magazine, made famous by publishing love letters about corporate elites, went out of its way to “put us in our place.” He wasn’t after facts; he was trying to derail our progress on behalf of his Wall Street buddies and Corporate Railroads.
It didn’t work.
President Ferguson responded, calling out every lie, distortion, and insult in Forbes’ editorial. Brother Ferguson’s office submitted that rebuttal to Forbes five days ago, demanding equal placement and a factual correction.
Forbes hasn’t responded, and we’re not going to hold our breath. We assume that they made up their minds before hearing any evidence, and we expect them to stick with their policy of neglecting reason or professional ethics as they pursue their goal to take us down.
So we’re appealing—not to Forbes, but to the American public. Perhaps there are a few real journalists left who care about truth, safety, and the plight of America’s working families. If Forbes wants a fight, that’s fine. Just like the railroads and bus companies, he’s welcome to FAFO.
Read President Ferguson’s full takedown below, which today, Monday, July 28, 2025, was shared with media outlets across the country.
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