Key Inflation Measure Soars to 30-Year High
Posted By: Dreadnought, 10/1/2021 1:53:55 PM
The Federal Reserve’s preferred inflation gauge, the core personal consumption expenditures price index, which excludes food and energy costs, soared to a 30-year high in August. The measure increased 0.3 percent for the month and was up 3.6 percent from last year in its steepest climb since May 1991, a trend suggesting that the pandemic’s inflationary pressures, catalyzed by massive government spending, supply chain bottlenecks and surging demand, are not correcting as quickly as some economists anticipated. With the more volatile staple categories of food and energy factored back in, PCE prices increased 0.4 percent for the month and 4.3 percent year over year, the highest hike since January 1991,
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A handful of Afghans living temporarily on United States military bases, as part of President Joe Biden’s massive resettlement operation, have been reported for robbery and theft, U.S. Air Force General Glen VanHerck says.
During a press conference this week, VanHerck confirmed that there have been criminal instances at several of the U.S. military bases where the Biden administration is currently housing about 40,800 Afghans.
“In six weeks in Operation Allies Welcome, in a population of 53,000, there have been eight reported cases of robbery and theft,” VanHerck said, downplaying the cases by comparing them to crimes committed by American citizens.
President Joe Biden will travel to his home in Delaware on Saturday, according to the White House, after his agenda stalled in Congress due to Democrat infighting.
The president spent Friday afternoon meeting with Democrats on Capitol Hill to try to advance his $5 trillion spending agenda, but to no avail.
House Speaker Nancy Pelosi failed to meet her Thursday deadline to hold a vote in the House to pass the Senate infrastructure deal, as Thursday turned into Friday without a vote being held.
Biden visited House Democrats on Friday afternoon, but he left after an hour of meetings with no certainty
I’ve lost count of the number of days/weeks this has been going on but the Democrats are still in disarray at this hour and we know that because of what’s been reported to have taken place during the meeting President Joe Biden had with the House Democratic caucus earlier today to try to resolve the ongoing infighting over the infrastructure and reconciliation bills, as well as what he said afterward.
POTUS arrived in a blaze of glory with his handlers and key members of the House Democratic caucus including Speaker Nancy Pelosi alongside him. As per the norm, no questions were taken from the press
Biden Should Resign?
14 replies
Rasmussen Reports asked 1,000 likely voters these questions:
1* In a congressional hearing this week, the Chairman of the Joint Chiefs of Staff, Gen. Mark Milley, testified that his recommendation was to keep 2,500 U.S. troops in Afghanistan. Would that have been better than a complete U.S. troop withdrawal?
2* In an interview last month, President Joe Biden denied that his advisers recommended keeping 2,500 troops in Afghanistan, which is contradicted by General Milley’s testimony. Who do you believe
President Joe Biden deflated the air of urgency around a bipartisan infrastructure vote and tamped down liberal dreams of a $3.5 trillion spending bill in a speech before House Democrats Friday. Hours later, Democratic leaders conceded defeat — at least for now.
After weeks of trying and failing to find a legislative solution both the progressive and centrist wings of the caucus could support, Speaker Nancy Pelosi and her team passed a bill temporarily funding expiring transportation programs and sent frustrated members home until they can find a solution.
“It’s not a success,” House Majority Leader Steny Hoyer said in a brief interview Friday night.
House speaker Nancy Pelosi (D., Calif.) said Democrats need more time to pass a $1 trillion infrastructure bill and potential $3.5 trillion resolution to be passed via budget reconciliation, in a Dear Colleague letter released on Friday evening.
“While great progress has been made in the negotiations to develop a House, Senate and White House agreement on the Build Back Better Act, more time is needed to complete the task,” Pelosi wrote. “Our Chairs are still working for clarity and consensus. Clearly, the Bipartisan Infrastructure bill will pass once we have agreement on the reconciliation bill.”
After the Democrats failed to pass their massive spending bill late Thursday night, the liberal news networks on Friday morning woke viewers with panic, fretting that a left-wing “civil war” and a “failure” of leadership by Joe Biden would lead to “chaos.” CBS offered a half-hearted attempt at salvaging the situation, saying that the President is a “couple stops away from humiliation.” Quite the compliment, huh?
Today show co-host Savannah Guthrie opened the show by warning, “Civil War. Democrats fail to come together on a deal for that massive trillion dollar infrastructure package.” She breathlessly related that “President Biden’s agenda hanging in the balance
Washington — When President Joe Biden proposed a massive expansion of federal services for Americans this year, he laid out lofty stakes — not only for his own presidential legacy but far beyond.
The imperative, he said in an April address to Congress, is to show “that our government still works — and can deliver for the people.”
It was an apt pitch for the long-held Democratic vision of government as a force for good, and for the idea that Washington has an obligation to improve the lot of Americans held back.
But five months later
Despite lies and presidential defamation, the Border Patrol’s horse unit continues daily operations to keep the United States and illegal migrants safe.
The White House has spent nearly two weeks spreading false abuse allegations. The administration hoped to pander to racialists by suspending the vital unit even though PBS journalist Yamiche Alcindor’s Sept. 20 propaganda was quickly debunked.
U.S. Customs and Border Protection (CBP) recently opened an investigation after images of agents pursuing Haitian migrants on horseback led to erroneous speculation that they “whipped” the border-crossers. A senior border official said this week that equestrian agents assigned to the Del Rio sector still operate despite the alleged ban, with the lone change
Pelosi and her team are so desperate to keep their promise to House moderates about holding a vote on Thursday that they declined to adjourn last night. Which means that today, legislatively, is still … yesterday. Centrist Dem leaders are participating in the charade too, to the embarrassment of everyone: Progressives couldn’t resist dunking on them for it: Through the magic of shameless gaslighting (the same magic by which a bill that costs $3.5 trillion actually costs nothing), Pelosi will have kinda sorta fulfilled her pledge to hold on September 30 if she holds it later this afternoon. And she sounded determined as she left the Capitol last night,
The Federal Reserve’s preferred inflation gauge, the core personal consumption expenditures price index, which excludes food and energy costs, soared to a 30-year high in August.
The measure increased 0.3 percent for the month and was up 3.6 percent from last year in its steepest climb since May 1991, a trend suggesting that the pandemic’s inflationary pressures, catalyzed by massive government spending, supply chain bottlenecks and surging demand, are not correcting as quickly as some economists anticipated.
With the more volatile staple categories of food and energy factored back in, PCE prices increased 0.4 percent for the month and 4.3 percent year over year, the highest hike since January 1991,
House Speaker Nancy Pelosi (D-CA) reportedly offered the radical House Democrats a price tag of $2.1 trillion for the reconciliation package, down from $3.5 trillion but more expensive than Sen. Joe Manchin’s (D-WV) topline of $1.5 trillion.
The offered package to the House Democrats includes items such as child care, paid leave, health care, and climate change, according to Politico Playbook.
The offer presents which measures may survive the trimmed but still large package and which measures may be removed. “For instance, there was no mention of things like free community college or affordable housing or even Bernie Sanders’ prized expansion of Medicare to offer dental, vision and hearing benefits,” Playbook reports.
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Many breathed a sigh of relief when President Biden was elected, not for policy but for a reunification of the country after four years of tumult and fiery division under President Trump. But eight months into the new presidency, America's deep disunity might not be letting up. A new poll has revealed that political divisions run so deep in the US that over half of Trump voters want red states to secede from the union, and 41% of Biden voters want blue states to split off. According to the analysis from the University of Virginia's Center for Politics, 52% of Trump voters at least somewhat agree with the statement:
The Biden administration is poised to make its next unconstitutional power grab in the former of a ‘vaccine mandate’ for interstate travel within the United States, according to reports on Capitol Hill. Congressional Republican lawmakers are attempting to get ahead of the forthcoming expected decree by introducing legislation to block an executive order or directive.“In a Wednesday speech on the Senate floor, Sen. Rick Scott (R-Fla.), joined by Sens. Ron Johnson (R-Wis.) and Mike Lee (R-Utah), introduced legislation that would bar the Biden administration from implementing vaccine passports requirements for interstate travel,” the Epoch Times reported.
The archbishop of San Francisco is calling for a "massive and visible campaign of prayer and fasting" for the conversion of House Speaker Nancy Pelosi's heart as she pursues what pro-lifers have called "radical" abortion legislation.
"Witness the House of Representatives’ passage of HR 3755, which would impose abortion on demand nationwide at any stage of pregnancy," Archbishop Salvatore Cordileone said of the California Democrat in a statement Wednesday.
"A conversion of heart of the majority of our congressional representatives is needed on this issue, beginning with the leader of the House, Speaker Nancy Pelosi.
The Supreme Court has denied a challenge from New York City public school teachers to block Mayor Bill de Blasio's COVID-19 vaccine mandate from going into effect today. US Supreme Court Justice Sonia Sotomayor ruled in favor of the city Friday—allowing the mandate to go ahead and paving the way for up to 14,800 unvaccinated school employees to be out of work come Monday.(Snip)Sotomayor, who is the justice for the second circuit including New York, Connecticut and Vermont and so rules on emergency matters in the Big Apple, rejected the teachers' last-ditch effort to block the mandate without giving any explanation.
The powerful head of the American Federation of Teachers, Randi Weingarten, is apparently panicked that the policies of Florida Governor Ron DeSantis will trigger parents to pluck their children out of public schools, where Weingarten and her ilk can inculcate their leftist messaging, and place them in private schools instead.On Thursday, Weingarten referencing an article in the leftist The New Republic that attacked DeSantis for his policies, tweeted, “This isn’t just about masks or about Governor DeSantis’ political aspirations. It’s about the complete destabilization of public education so that parents will choose private schools.”
Ohio Gov. Mike DeWine, state auditor Keith Faber, and Secretary of State Frank LaRose are considering offering and adopting a redistricting map ahead of the 2022 midterm elections that would be overly beneficial and lopsided toward helping Democrats retain their U.S. House majority, Breitbart News has learned.Two senior Republican officials briefed on the proposal before its expected introduction next week told Breitbart News that DeWine, Faber, and LaRose are considering drawing a number of pro-Trump Republicans into Democrat-leaning districts as part of retaliation against former President Donald Trump,
Governor Gavin Newsom has been condemned for his 'wrong and cowardly' mandate which demands all California students from 7th to 12th grade get the COVID-19 vaccine but does not require their teachers to get the shot. Social media erupted in outrage Friday night as people pointed out the alarming difference between the rules for children and staff, with many accusing the governor of being influenced by the powerful teachers' unions. 'Kids must get vaccine, but teacher don't have to. The lesson? Kids need a better union,' one person tweeted. Newsom announced Friday that all elementary through high school students will be required to get the shot
Progressives are by their very nature contemptuous of the natural order of things. Everything can be improved by their superior intellects. By virtue of the purity of their motives and the advanced understanding we have these days, they can impose policies that violate human nature, and, they think, prevail. (snip) Trying to change human nature – or any other aspect of the natural order (see, for example Lysenkoism) – inevitably produces outcomes that are at best hilarious, and at worst, catastrophic. (snip) The woman who made the video below, which is less than one minute long, has convinced herself that her dog has been persuaded to become a vegetarian
Communist Logic: Bernie Sanders Says 52
Senators Should Not Be Allowed to Overrule
48 Senators 28 replies
Senators Should Not Be Allowed to Overrule
48 Senators 28 replies
In a bizarre tweet on Friday, socialist Senator Bernie Sanders said that 52 senators “cannot be allowed to defeat” 48 senators. The comment was extremely bizarre to say the least considering for all of history, the majority is typically who wins any sort of voting conflict.Sanders couldn’t comprehend the fact that Democrat senators Joe Manchin (D-W.V.) and Kyrsten Sinema (D-AZ) could possibly vote against the Democrats’ massive $3.5 trillion bill.Sanders tweeted: “2 senators cannot be allowed to defeat what 48 senators and 210 House members want. We must stand with the working families of our country. We must combat climate change.
California Governor Gavin Newsom has returned prime beachfront land worth an estimated $72 million to the descendants of a black family it was seized from in 1924.
Newsom signed a law transferring the ownership of Bruce's Beach, a small park now worth an estimated $72 million, back to the Bruce family. Original owners Willa and Charles Bruce's great-great-grandson Anthony Bruce was there for the signing ceremony. He will now take ownership of the plot, alongside his dad Derrick and brother Michael. The plot currently serves as a grassy park and lifeguard training facility.
I’ve lost count of the number of days/weeks this has been going on but the Democrats are still in disarray at this hour and we know that because of what’s been reported to have taken place during the meeting President Joe Biden had with the House Democratic caucus earlier today to try to resolve the ongoing infighting over the infrastructure and reconciliation bills, as well as what he said afterward.
POTUS arrived in a blaze of glory with his handlers and key members of the House Democratic caucus including Speaker Nancy Pelosi alongside him. As per the norm, no questions were taken from the press
Soon-to-be divorced hedge fund billionaire John Paulson has whisked away his new Instagram guru girlfriend to Italy for a friend's wedding. Paulson, 65, and Alina de Almeida, 33, were spotted attending the event on the shores of Lake Como days after the hedge funder announced his high-profile divorce from his wife Jenny, 50. The couple flew in for the nuptials of Blackstone executive Mark Moffat and Sarah Mintz in lakeside Villa d'Este on September 25 and were 'inseparable' and 'canoodled all day and night', Page Six reported.