Up, up, and away: Consumer-price index
inflation now at 7.9%
Posted By: Garnet, 3/10/2022 11:10:54 AM
And the annualized number may be even worse. The latest report on the consumer-price index shows inflation hit another 40-year high in February, with a year-on-year increase of 7.9%. The actual amount of inflation last month would hit almost double digits if annualized on its own, however:The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in February on a seasonally adjusted basis after rising 0.6 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.9 percent before seasonal adjustment. Increases in the indexes for gasoline, shelter, and food were the largest
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When President Biden was inaugurated, the average price of regular gasoline in the U.S. was $2.38. A little over a year later, the price has reached a record high of $4.32. Attempts by the White House to blame this increase on Vladimir Putin notwithstanding, the price had already risen to $3.53 before Russia invaded Ukraine. The problem is obviously the direct result of Biden’s irresponsible energy policies. During his first few weeks in office he issued a series of executive orders for the explicit purpose of discouraging domestic energy production — while demand for fuel was rapidly increasing. The inevitable result has been stratospheric gas prices.
The U.S. Department of Defense tasked the same Georgia Tech researcher embroiled in the Alfa Bank hoax with investigating the “origins” of the Democratic National Committee hacker, according to an email first obtained by The Federalist on Wednesday. That email also indicates the special counsel’s office is investigating the investigation into the DNC hack and that prosecutors harbor concerns about the DOD’s decision to involve the Georgia Tech researcher in its probe.
The special counsel branded this person “Researcher-1” in court filings. His identity has since been confirmed by his attorney as Georgia Tech’s Manos Antonakakis.
The good news: Russia’s foreign minister assured the world that Vladimir Putin has no desire to follow up his war in Ukraine by invading other countries. The bad news: Sergei Lavrov flatly denied that Russia attacked Ukraine, too.
“Why should they believe a word you say?” asked a reporter. Good question, that:
The Russian foreign minister, in a news conference following the meeting, denied Russia had invaded Ukraine.
“We have no plans to invade other countries. We didn’t invade Ukraine,” said Mr. Lavrov, speaking in Russian through a live translation, in response to a question about Russia’s intentions.
Mr. Lavrov didn’t explain the statement when questioned.
“I think you said Russia did not invade
And now a little comic relief from our esteemed Veep, right when and where comic relief would be least appreciated. Kamala Harris flew to Poland to shore up NATO unity after a 72-hour fiasco in which the Biden administration encouraged and then refused a deal to send older Soviet-era MiGs to Ukraine. Poland, it should be noted, is on NATO’s eastern flank, a point which one would expect that Harris would get right the first time in her prepared remarks:Overall, the message of unity managed to eke out of these proceedings, but not with much clarity:
“I want to be very clear
And the annualized number may be even worse. The latest report on the consumer-price index shows inflation hit another 40-year high in February, with a year-on-year increase of 7.9%. The actual amount of inflation last month would hit almost double digits if annualized on its own, however:The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in February on a seasonally adjusted basis after rising 0.6 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.9 percent before seasonal adjustment.
Increases in the indexes for gasoline, shelter, and food were the largest
You trust the Kremlin’s spokesman to be candid about Russia’s intentions, don’t you?
“Some progress has been made,” foreign ministry spokeswoman Maria Zakharova said during a press briefing, referring to three rounds of talks with Kyiv…
She also said Moscow does not intend to occupy Ukraine or overthrow its government.The army’s aim is “not to occupy Ukraine, or the destruction of its statehood, or the overthrow of the government. It is not directed against the civilian population,” Zakharova said.
The Russian army has been shelling cities like Kharkiv and starving cities like Mariupol for days. The claim that its offensive isn’t directed against civilians is a breathtaking lie even by Russian standards.
Senate Dems fret: How do we keep from
getting blamed for high gas prices? WSJ:
Come on, man 21 replies
getting blamed for high gas prices? WSJ:
Come on, man 21 replies
Who wants to tell them? Now that Joe Biden has gotten pushed into an embargo on Russian oil imports — with Senate Democrats doing a considerable amount of the shoving — the inevitable problem of consumer shock at gas prices will have to get tackled next. The ban on Russian oil will definitely keep those prices escalating, unless the US can find much more production to replace it.
And that has Senate Democrats panicking in a midterm cycle that already looked like a disaster:
The economic reverberations of a proposed ban on Russian oil and gas imports are fueling angst among Democratic lawmakers who are wrestling
A Russian commander captured by Ukraine condemned Moscow’s “genocide” invasion — saying in a remarkable televised statement that the troops were duped into believing Kyiv had been overthrown by Nazis and needed liberating.
National Guard Lt. Col. Astakhov Dmitry Mikhailovich, who was captured along with two other soldiers, said he had been told they were being sent to help Ukraine because it was “dominated by a fascist regime” and that “nationalists and Nazis had seized power.”
“Obviously, this information was unilateral information,” Mikhailovich told reporters in a video that emerged Monday.The colonel said his doubts were further confirmed when he found out that his favorite boxers,
Much has been written about President Biden’s surreal State of the Union address, but the commentariat has studiously ignored the real problem with the speech. The trouble with this unnerving oration isn’t that much of it was fiction or that it revealed a vision of the nation that isn’t shared by most Americans. Its scariest feature is that it was filled with semi-coherent gibberish delivered by a man who is cognitively impaired and obviously unfit to carry out the duties of his office. If Biden were your father, you would relieve him of his car keys, yet he possesses the authority to launch a thermonuclear strike
The most ominous detail here is that it was Putin who called Macron, not vice versa. If Macron had initiated the call, it would have been a plea for peace.
With Putin initiating the call, the purpose was almost certainly to warn the west of escalation.The tsar’s pride is at stake and so many Ukrainians will have to die:(Snip for tweet)We’re at an odd stage of the war in which the tide seems to be turning towards Russia but Russia also seems to be turning more desperate. The now famous Russian military convoy outside Kiev has curiously stalled out over the past three days,
Chinese officials reportedly asked Russia
to delay Ukraine invasion until after
Winter Olympics 4 replies
to delay Ukraine invasion until after
Winter Olympics 4 replies
A Western intelligence report shows signs that senior officials in China has at least some level of knowledge regarding Russia’s plans to invade Ukraine before it began last week, senior Biden administration officials and a European official told The New York Times.President Vladimir Putin had met with President Xi Jinping on February 4, shortly before the opening ceremony of the games.
"Moscow and Beijing issued a 5,000-word statement at the time declaring that their partnership had 'no limits,' denouncing NATO enlargement and asserting that they would establish a new global order with true 'democracy,'" The New York Times reported.
President Biden will give his first State of the Union address Tuesday night, marking the most consequential speech of his lifetime as U.S. inflation soars and Eastern Europe devolves into war.
While State of the Union speeches tend to concentrate on domestic issues, Russian President Vladimir Putin’s decision to launch a full-fledged invasion of Ukraine despite Biden’s repeated threats of economic sanctions has brought the U.S. president’s foreign policy agenda into central focus.Putin ordered his nuclear forces on high alert Sunday after the U.S. and other Western nations announced that they would remove selected Russian banks from the SWIFT international financial messaging system.
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Jussie Smollett, who faked a hate crime against himself in Chicago, was sentenced Thursday. Smollett was found guilty back in December, after he conspired with two men to make it seem as if Trump supporters had attacked him and tied a noose around his neck at 2:00 AM, in the middle of a polar vortex.
While he received an initial outpouring of support, including from Vice President Kamala Harris, it quickly became apparent that his story wasn’t adding up. Why was he out after midnight getting a sandwich in sub-zero temperatures? Why didn’t he call the police right away? Why did he leave the noose on until police got there?
President Joe Biden warned lawmakers attending the House Democratic Caucus Issues Conference Friday in Philadelphia that he'll have far less power next year if the Democrats lose Congress.'This off-year election, in my view, may be the most important off-year election in modern history. Because we know what happens, we know the fundamental change that shifts if we lose the House and Senate,' Biden told House Democrats. 'The only thing I'll have then is a veto pen.'Precedent and polling make Republicans look poised to take back control of the House, and possibly the Senate too,
President Joe Biden announced on Friday he will revoke Russia's 'most favored nation' trade status over its invasion of Ukraine, another step in the series of harsh economic sanctions he and U.S. allies have imposed on Moscow.
And he vowed Russian President Vladimir Putin would pay a 'severe price' if he uses chemical weapons in the Ukraine and said U.S. troops would not join the fight as not to provoke World War III.
Biden announced Russia's change in status of a trade partner in lockstep with the fellow G7 nations to make it an even heavier burden on Moscow to carry. The move will also deny Russia the ability to borrow money
Breaking: CNN Expected To Make Big Changes;
Opinion-Oriented Anchors “Out By The
End Of Spring” 24 replies
Opinion-Oriented Anchors “Out By The
End Of Spring” 24 replies
CNN continues to undergo massive changes coinciding with AT&T’s corporate handoff to new owner Discovery and the ouster of former company president Jeff Zucker. Zucker left, Chris Cuomo left, and sundry employees did the same as disgusting allegations of pedophilia came to light.
Ratings have been in a freefall ever since Brandon was inaugurated and over-the-top, fake news about Donald Trump couldn’t be manufactured for its unthinking viewership anymore. Covid panic porn has likewise lost its luster. So, in a battle for survival, the “news” network’s owners are realizing that simply making up hysteria after hysteria might not be a viable long-term plan.
Conventional wisdom is that the 2022 midterms will be a political bloodbath for the Democrats. For starters, historically speaking, the party in power typically loses seats. But on top of that, Biden’s poor approval ratings are dragging down his entire party, and more than 30 House Democrats have announced their retirements.
Nevertheless, during the Democratic National Committee’s winter meeting on Thursday, Biden insisted his party could defy history. How? All they’ve got to do is replicate their 2020 enthusiasm. “If we do that, we’re going to keep the House and keep the Senate — and add seats,” he claimed.
Good luck with that.
I suppose it’s Biden’s job
Mississippi elementary school assistant principal Toby Price was shown the door last week after, in what the superintendent called “a lack of professionalism,” he read a second-grade class a book called “I Need a New Butt.”
The book, written by Dawn McMillan, is a “silly” story about a young boy’s quest to find a new butt because his “has a huge crack.”
“Will he choose an armor-plated butt?” the Amazon description asks. “A rocket butt? Find out in this quirky tale of a tail, which features hilarious rhymes and delightful illustrations.”
University Of Michigan Accidentally Sends
Email ‘Committing’ To The ‘Advancement’
Of Anti-Semitism 22 replies
Email ‘Committing’ To The ‘Advancement’
Of Anti-Semitism 22 replies
The University of Michigan’s diversity, equity, and inclusion lead accidentally sent an email to students “committing” to advancing anti-Semitism, according to email correspondence reviewed by the Daily Caller.
In an email to students, Vice Provost for Equity and Inclusion Robert Sellers listed goals for the university’s culture to strive towards in light of the university achieving phase one of its five-year DEI strategic plan. Accidentally included in that list was the word “anti-Semitism.”
The 28-year-old AOC-backed candidate facing a run-off against centrist Democrat Rep. Henry Cuellar had a long-term affair with her former high school teacher, DailyMail.com can exclusively reveal.
Jessica Cisneros was in a sexual relationship with educator-turned-lawyer John Balli, now 51, and called him 'babe' in a 2011 text professing her love when she was 18 — and he was 41. The ultra-liberal would-be Congresswoman began a sexual relationship with him after he began dating his future second wife Sandra Ramirez in May 2011. But the secret lovers had a painful split when Balli and Ramirez wed in July 2011.
The European Parliament overwhelmingly voted Thursday to withdraw funding from Hungary and Poland over the two countries refusing to bow to the bloc’s pro-LGBT stance.
Members of the European Parliament (MEP) passed the resolution by a huge 478 votes in favor to 155 against, with 29 abstentions, to withhold funding from European Union (EU) member states that violate the “Rule of Law Conditionality Mechanism.”
The mechanism “makes the receipt of financing from the Union budget subject to the respect by the Member States for the principles of the rule of law,” effectively making any funding from the bloc subject to alignment with the EU’s core “values” of the day, including LGBT
Treasury Secretary Janet Yellen warned that Americans should expect to continue paying increased prices on everyday goods for the next year, offering a reversal from her previous forecast that record-high inflation would soon subside. The main culprit, she told CNBC’s “Closing Bell” on Thursday, was Russia’s war against Ukraine.
Ms. Yellen‘s claim that Russian President Vladimir Putin is to blame for America’s inflation woes echoes that of the Biden administration writ large, which has received criticism for dubbing the phrase “Putin’s price hike.” “I think there’s a lot of uncertainty that is related to what’s going on with Russia in Ukraine,” Ms. Yellen said on the network.
Obama White House Doctor Calls For Immediate
Biden Resignation: ‘Not Cognitively
Capable Of Leading’ 20 replies
Biden Resignation: ‘Not Cognitively
Capable Of Leading’ 20 replies
Former White House physician Ronny Jackson, who served in the role under the Obama and Trump administrations, said on Friday that Democrat President Joe Biden needed to immediately resign to spare putting the country through more suffering because Biden is not mentally fit to be president. “Biden doesn’t know what’s going on with Ukraine,” Jackson tweeted. “He doesn’t know what’s going on with ANYTHING! He’s not cognitively capable of leading. He needs to RESIGN before our country suffers any more.” (Tweet)
'The View' blames Kamala Harris criticism
on racism, misogyny: 'There's a racial
aspect to it' 20 replies
on racism, misogyny: 'There's a racial
aspect to it' 20 replies
The co-hosts of ABC's liberal daytime talk show "The View" complained Friday the criticism leveled against Vice President Kamala Harris over her performance while in Europe has been rated in racism and misogyny. (Snip) After a reporter asked a question about Ukrainian refugees, Harris and Duda appeared confused about who would answer the question, leading to Harris laughing while saying, "A friend in need is a friend indeed." Duda then offered to respond first and began speaking. Harris was ripped by critics following the exchange, accusing her of looking to Duda for help answering the question and slamming her for